Why worry about identity theft?
You may think that identity theft is something that individuals who get mugged or lose their wallet need to concern themselves about, but the truth is identity theft can affect anyone and everyone from the person who lost their wallet at a concert to those who are most careful about keeping track of their financial documents. Continue reading
We have all accused ourselves at some point because of our repeated mistakes in managing finance. Be it a forgotten cheque, impulse buy, not so appealing brunch, paying heavily for insurance and many such bloopers. We might think that these reasons alone do not make much a difference in our finance but as a matter of fact, these small leaks are the biggest missteps in losing your money. Continue reading
Every person has made mistakes at some point as no one’s perfect. Sadly, some mistakes lead to an outcome of low credit points. In order to evaluate the credit score, credit reports play an important role since it regulates your access on apartments, loans, credit cards and to a certain extent great jobs. Continue reading
Maintaining a clean credit history is as important as building it up. You would not want to run into a state of bankruptcy. An awareness of the current state of your credit summary will ensure that you are always on the safe side. Continue reading
Not having a credit history or having a bad credit are not absolute contraindications for you to get a loan. Thanks to the cash surplus of the Australian financial institution and the strength of our economy, getting a loan with bad credit is easier than you could imagine. There are many ways how you can increase your odd to get it approved and get it with the competitive interest rate. Continue reading
Email is the 21st century equivalent of the letter and IMs have pretty much replaced to and fro conversations in real life. The pervasive adoption of technology and digital media in our everyday life has had a tremendous impact on our interactions with fellow human beings. Continue reading
With student loan, credit card, car loan, house loan…have you ever dream of being debt-free faster?
Actually, in personal finance perspective, the faster you can pay off your loan, the more money you can save for yourself.
Everyone dreams for financial security and one way to achieve it is to increase positive cash flow and decreasing negative cash. Negative cash represents more expenditure than any business earns, and it can kick any business or individual into a disaster. Cash is a king, and its flow keeps its kingdom warm and alive. Many small and average sized businesses majorly rely on cash flow. Appropriate handling to manage cash flow is inevitable to impart success to the business and more importantly to fall victim to bankruptcy.
A cash flow loan is a financing method used by banks and investors for business which needs collateral for a loan. So, basically, the loan is formulated to out pay the previous loan taken by the business according to their enterprise value, EBITDA and other such valuations. This loan is taken if the enterprise wants to buy another company or carry on with high valuation operations. So these loans are important if you need to pay off debt on working capital because the loan is taken on the value of the cash flow that comes into the company on a whole. Therefore, cash flow lending is very important for operations to continue in the long run without running on debt, losses and with large miscellaneous payments pending. So how can this loan help if it’s just like any other loan that I take for my business? Let’s talk about that. Continue reading
The acquirement of loans for one of your business endeavors is a very normal process. It is perhaps a common aspect among the many businesses start up in the world. However, before one goes off to get a loan, he should know all the options that he has. Continue reading