Archive for September, 2013

Finding the right lender

Saturday, September 21st, 2013

right lenderAre you planning for loans and looking for the right lender? The increasing demands couples with skyrocket prices somewhat compel to seek help for money lending services. It could be that you are planning to buy a new house or aspire for an expensive auto. Well, whatever it is make sure that you land up with a reliable lender. There have many cases of fraudulent and dishonest lenders in the past and hence you need to stay smart while picking your lender. The post here is a short brief on the points to consider while locating your lender.

The first step to go for is a market survey. You have to conduct a study on at least 4-5 lenders in the present market. Different lenders offer different interest rates on the same loan and an effective comparative study will bring out the most compatible match for you. Apart from interest rates you would also have to compare the repayment period and the loan value. You can collect lender referrals from your relatives and friends or else can start searching online.

If you are searching the lenders all by yourself, make sure to go through the customer testimonials. The client testimonials will reveal a lot about the sincerity, integrity and the credibility quotient of the lender. In case, your chosen lender is infested by too many dissatisfied customer remarks, it’s better you shift your attention elsewhere.

Another important fact is the versatility of loan offers from the lender. A premier lender generally comes up with a wide range of loan packages top cater to varied customers. A versatile arrangement enables the borrower to pick as per his preferred budget and loan requirements. Make sure that your lender is always ready to advise in the picking the right loan policy as well as how to improve credit score.

Finding the right financial advisor

Saturday, September 14th, 2013

financial advisorAre you looking for a good financial advisor? The rising aspirations and sky high expenses today can easily make you go overboard if you are lacking in right financial planning. Financial planning is a complex affair involving several considerations which at times require an expert mind. If you are having difficulties in managing your finance properly, it’s better you take to a credible financial advisor. There are a good number of financial advisors in the market but not all can act as the perfect guide. Thus, the post below highlights on the points to check out before appointing your financial consultant.

First of all, you have to proceed with a good survey on a handful of potential financial advisors in the market. You can collect referrals from your friends and relatives or else make a search yourself online. Make sure that the advisor you are taking to holds all the needed certifications. It’s advised to check out the FINRA website here to find out the past transgressions (if any) of the advisor. Experience is another needed factor while you are checking out on financial consultant. A seasoned financial advisor is usually exposed to varied financial condition and hence would be able to guide you accordingly, irrespective of your financial situation. In case you need the advisor for specialized needs like financial consultancy for student or elderly, make sure your consultant holds a specialization way- actually financial management for students or seniors is always different than regular financial consultancy.

Then, your financial advisor must be easy to talk to. He should provide you ample time and space so that you can always be candid about your specific financial status, including all the pertinent issues such as debts or loans. Finally, it’s suggested that you take to a reputed financial planner who promises a flat fee for the service.

Necessary tips to follow during recession

Sunday, September 1st, 2013

recession tipsEconomy is something that you cannot guarantee and that is why there are so many ups and downs within a few days. Each and every country in this world at some point of time or the other go through a period of recession. But the question is which among those countries can survive that recession. As a businessman you would obviously not want to go through a period of continuous loss but that happens when the market is down and there is a recession going on. That is why you will see many big companies firing so many employees at the same time. The main reason is to cut the cost to the company that would at least recover some of the losses that the company is running through. Given below are some of the tips that you can follow when there is a recession going on:

• First things first you will have to rethink and revise the marketing plans. Suppose your company is into making beauty products and if after a survey you see that the response of one product is not that good then it would be better if you stop marketing that product for a while.

• Secondly you can focus on the concept of online marketing. Local marketing incurs more cost than online marketing. So if your company already has a website then you should make the most out of it during the period of recession.

• Thirdly you should not focus on lowering the price of the shares immediately. First you should see what the other companies are doing and then take the action. Otherwise it can result on huge losses. You can lower the share prices to a certain extent that would balance the other incomes of your company. So it all depends on your strategy and perfect planning.