When you run into a problem as a small business owner, your first thought may be to throw money at it. However, not all issues need to be solved in this manner, and so before you take out a business loan, there are a few questions you should ask yourself.This way, you will be going into the process with eyes wide open and borrowing for all the right reasons. Borrowing for the wrong reasons can put extra stress on your plate and possibly put the business in jeopardy.Do You Have a Good … [Read more...] about 4 Questions to Ask Before Applying for a Business Loan
Banking & Finance
Safetynet Credit Reviews
SafetyNet Credit is a trading name of Indigo Michael Ltd, and it has an innovative approach to lending which makes it easy to access short term, “payday”-style loans and avoids overdraft fees. It offers short term loans up to £500 at a representative APR of 68.7%. They don’t have specific loan terms or monthly repayments and takes into account how much you can give to repay.This loan works by linking up with your bank account and once your balance falls lower than a fixed amount, SafetyNet … [Read more...] about Safetynet Credit Reviews
5 Most Popular Types of Loans people take in Europe
Loans surround our everyday lives; we take different kinds of loans for various occasions in our lives; sometimes, we take a bank loan to pay for a new business initiative; sometimes, we take a loan to pay off our bills, and sometimes we take loans to buy a car.Every loan type has a specific use, and all loans have a different payback time, which is calculated depending on the amount of the loan. The interest on loans is also calculated according to the payback time and the amount of the … [Read more...] about 5 Most Popular Types of Loans people take in Europe
Comparing Stockbrokers in a Time of Crisis
It would be fair to describe the current economic situation as troubling. With employees being furloughed or forced to work from home, and childcare disrupted, the impact on aggregate demand in the overall UK economy has been severe. Economists are predicting that the UK will enter a recession in 2020 as the effects of the pandemic ripple through the manufacturing and service industries. The stock market has reflected this disruption, registering a series of sharp downswings in … [Read more...] about Comparing Stockbrokers in a Time of Crisis
5 Points to Consider Before Going for a Used Cars Loan
It would be an understatement to write that India has a thriving second-hand car market. In 2019, the used car market in India was valued at the whopping US $ 24.24 billion.Throughout 2020-2025, the Indian used car market is expected to grow at an impressive CAGR of more than 15%. The number of used cars being sold in India had crossed 4 million way back in FY 2018.Apart from the affordability of second-hand cars, another important factor which has driven the sales of is the availability … [Read more...] about 5 Points to Consider Before Going for a Used Cars Loan
What is Credit Score and How can you Improve Yours in 2020?
A credit score is basically a three-digit number, ranging from 300 to 900, which reflects your creditworthiness. Every lender refers to your credit score prior to approving your application for loan/credit. Any figure higher than 750 is considered a decent credit score. In India, your credit score is generated by four major credit bureaus that have been licensed by the RBI to create credit reports (credit score is included in these reports). These bureaus are CIBIL, CRIF Highmark, Experian, … [Read more...] about What is Credit Score and How can you Improve Yours in 2020?
Advantages of ATM Machine
ATM Machine is short abbreviation of Automatic teller machine. These are electronic machines and works like a cashier but you don't need paper cheques to get you money. You need ATM card with your PIN to withdraw cash from your account.ATM card is a plastic card linked with your bank account and has a secure code that machine reads to verify your transactions and limits before giving you cash. It takes only a few seconds and saves your time visiting your branch.Benefits of ATM … [Read more...] about Advantages of ATM Machine
A Changing Perspective to Finance into Digital This Year
There is no doubt that a lot has changed in so many years. Either it is about shopping online, or doing your transactions or payments via digital banking. There were times when organizations had a staff to entertain all such issues and to deal with all kinds of financial concerns. That does not only demand an appropriate number of skilled people. But it also required long working hours and extra burden to deal with economic issues.Because of manual work, there is always a risk involved in … [Read more...] about A Changing Perspective to Finance into Digital This Year
Standard Chartered digismart Credit Card Review
Standard Chartered's DigiSmart credit card comes with a host features and perks on several popular brands that you can avail on while shopping online. This credit card lets the cardholders save some money and earn big on online shopping.If you are looking for amazing discounts on big brands but don't have this credit card specially tailored by Standard Chartered bank yet, you should consider applying for it. The detailed review of this credit card below will help you understand why!Fee … [Read more...] about Standard Chartered digismart Credit Card Review
Why You Need a SEBI Registered Investment Advisor
With the country undergoing its fourth stage of lockdown during the COVID-19 crisis, people are growing to become more resilient to the impact of the ongoing pandemic. And that is extremely important for any country’s economic growth, for resilience and adaptability are the two pillars of getting the economic slowdown on track.In India, we are ready to pay fees to lawyers, doctors, etc. for their advice. Still, we are somehow not used to paying Investment Advisors, let alone SEBI Registered … [Read more...] about Why You Need a SEBI Registered Investment Advisor