Lend Me Finance

loan approvesResearching different companies to determine what loan options are available is the best way to find the best loans available on the market. Lend Me Finance offers a comparison rate tool, so you can compare two different loans simultaneously.

A comparison rate tool is determined by the following factors:

  • Loan amount
  • The term of the loan
  • Interest rate
  • Costs and charges regarding the loan
  • Payment frequency

Some tips to improve your chance of getting a loan are:

  • Ensure that your credit score is good

Your credit score is one of the most important factors when it comes to qualifying for a loan. The better your credit score is the lower the risk is to the lender. This is why interest rates are typically higher for people with bad credit. Bad credit will also cause the lender to decline your application.

  • Determine the loan amount needed

Knowing how much you qualify for will help you budget all of your expenses to ensure affordability. Only borrow what you need.

  • Compare interest rates & repayment options

Knowing what your interest will be, will give you a good idea of how much your payments will be. Repayment terms are important as well when it comes to obtaining a loan. The more frequent your payments are, the faster you’ll pay it off, so know your options.

  • Affordability

Often times the amount needed and the affordable amount do not correspond. There are many loan calculators to help you out. Check out the calculator on the Lend Me Finance website to see how much you qualify for.

  • Read the fine print

Keep in mind that a personal loan is a contract between two parties, which has terms and conditions and a PDS (Product Disclosure Statement). All documents must be read carefully.

  • Know your options

Consider the secured and unsecured personal loan options, if they are both being offered to you. Both options have their advantages and disadvantages. Ask questions to determine which one is best for you.

Choosing the right company to get a loan can be challenging, especially since there are so many options available. Take your time and never get pressured into taking something you are not comfortable with.  Ask lots of questions until you have enough information to make the best decision based on your needs.

Do you use calculators before applying for a loan?

This is a guest post

Picture by Jenny Bieber 

Getting A Car Loan

car loansMost people now a days have a car loan, simply because it can be quite difficult to purchase a car without one. Of course the best way to purchase a car is to save the money and buy it cash so you don’t have to pay any interest on the loan. But that is easier said than done. Car loans allow you to drive the car you have always dreamt of buying, simply by applying for a loan. With the large amount of competitive lenders out there, you can take your pick on which lender you want to choose.

Comparing car loans are important so you can choose the best interest rates, repayment options as well as finding out if there are extra fees associated with your loan. Different lenders offer different terms and interest rates depending on your income and credit score. You can check out this car loan rates calculator to see how much you can afford.

The easiest way to apply for a car loan is online after you have figured out how much you can afford Applying online is easy quick and convenient. You can apply any time of the day, any day of the week.

There are different car loans available, which include secured loans or unsecured loans. The secured loan option is  least expensive since the lender has the security of the car that they can take if the payments are missed. This minimizes the risk of the loan. At the end of the day, the best loan is what’s best for you and your situation.

When considering a car loan, look out for the following:

  • Interest rates
  • Payment frequency options
  • Penalties for early repayment
  • Fees
  • Flexible terms
  • Secured or unsecured
  • Fixed payment or revolving

The more equipped you are with the right information when it comes to getting a car loan, the better deal you are likely to get, which will save you money in the long term.

Choosing the right company can make all of the difference in the world, so it’s important to take your time and research different companies to get the best deal possible. Not just the best interest rate, but the best overall experience.

Your lender should be transparent and very knowledgeable to ensure you are offered the best product based on your unique situation.

What do you wish you knew before getting a car loan?

This is a guest post

Picture by Finance India                    

Online Trading With ANZ

onlinetradingBuying shares in a company gives you the opportunity to own a piece of a company that is publicly traded. The main goal is of course to make money either by a dividend that is paid, or a share price growth, or both. There are many companies that offer trading services that will allow you to buy and sell shares that you like.  ANZ offers online trading services through their website 24/7 and provides a wealth of data to assist you when determining which investments to buy.

Here are a few things you should consider when buying:

  • Do your homework  (Know what you are buying)
  • Buy shares only in companies you are familiar with
  • The company you are investing in should have a long history of growth stability
  • Thorough research is highly recommended with independent analysts and reports
  • Learn about buying shares if you are newbie

The benefits of buying shares are:

  • Capital growth

This is what everyone is looking for. Their stock to go up in price so they can either sell at the higher price, or celebrate now that their investment has just gone up in value.

  • Dividends

Shareholders are paid dividends in the event of share profits. Some companies allow dividends to be reinvested into new shares or in the form of an income. The dividends also have tax benefits.

  • Shareholder privileges

Shareholders in a listed company are entitled to receive general information on the company and are at liberty to vote at annual general meetings.  Privileges can differ depending on the type of shares you have.

  • Trading

Being able to buy and sell at your own leisure is a great advantage of buying stocks. You can access your account 24/7 and you can trade online from the comfort of your home. If you choose to buy stocks through ANZ it is quick and simple. You’ll own a piece of the pie in no time.

  • Diversity

Buying shares in a variety of different companies whenever you like is a huge benefit of trading. You can choose the company of your choice to buy shares in and you can choose to sell your shares in a different company. It’s up to you

Online trading has come a long way and there are many companies offering these services. Research and choose the best company that is going to meet your needs.

What company do you use for trading?

This is a guest post

Picture by Preeti Sawant

 

 

3 Things I Can Do Without At The Movie Theatre

Watching a movie at the theatre is more fun than watching it on your TV or tablet. Ask any movie buff and he or she will tell you why. With the huge IMAX screen and Dolby surround sound system, everything seems more real. Throw in a 3D format once in a while and the experience is simply amazing. This is the reason people happily pay over $10 to watch a movie in a theatre.

But watching a movie in a theatre has its downsides, too. And fellow moviegoers are usually to blame for that. So here are the four things that I can really do without at the movie theatre:

  1. People who come to the theatre to talk: Some people just can’t help chattering no matter where they are. I simply fail to understand why they are compelled to make their own contribution to the conversation going on in the movie. They disturb other people around them and spoil the fun. If all these people want to do is talk, what makes them think that a movie theatre is the right place to do that?
  2. Babies who can’t stop crying: One of the worst things that can happen in the middle of an engrossing scene is a restless baby screaming at the top of its voice. I know that some parents have no one to leave their baby with when going to the theatre. But why make other people suffer for that? A baby crying in a theatre is highly distracting and takes the fun out of watching a movie. Imagine that the “hero” is finally going to propose to the “heroine” and this baby one row in front of you suddenly picks just that moment to scream. What could be more infuriating than that?
  3. Folks who show up late: It is my firm belief that people can be forgiven for coming late to office, but not to a movie theatre. But that’s exactly what some people do every time. They make an entrance in the theatre fifteen minutes after the movie has started and saunter towards their seat as if the theatre belongs to them. Not only that, some of them also can’t stop yapping while they do that. And if they happen to have their seats in your row, you have to show them the decency to squeeze yourself in your seat to make way for them. How annoying?

What are some things you can do without at the movies?

 

 

The Importance Of Having A Back Up Plan

Recently, a well established British company called its nationwide sales staff for an unplanned meeting and fired most of them as soon as they arrived without any warning. A lot of those who were fired were devastated and reportedly returned home in tears. Apparently, they didn’t have a backup plan because they had never imagined something like that would ever happen to them. This incident shows how important it is for everyone to have a backup plan in these economically uncertain times.

So what is a backup plan? Basically, it is a plan for an alternative course of action in case things do not go your way. It gives you something to fall back on and a chance to start all over again or to give your life a completely new direction. It ensures that you will not have to end up in the streets or hand over your children to foster care in case you lose everything you have. It makes sure that you will have enough to feed your family, pay your monthly bills and repay your debts.

Here is a backup plan (or Plan B) that you could use as a model for your own backup plan if you lose your business or job:

  • Save a portion of your income for a rainy day: When times are good, make sure to set aside a portion of your income for a rainy day. Having enough money to pay your bills and your debts makes life more bearable in times of hardship. If you have large enough savings, it gives you something to restart your life with. I would say 6 – 12 months worth of expenses.

  • Practice living within a budget: When money is flowing in, it is easy to get carried away and spend extravagantly. But you should never forget that good times do not last forever and there may come a time when you will have to count your pennies, so create a monthly budget and learn to live within it. It will help you to make a painless transition into a life of reduced income.

  • Invest in a side business or find a part time job: If you have some money or an additional skill, invest in a side business or find a part time job. Having an alternative source of income, however little it may be, makes the prospect of suddenly becoming unemployed less bleak. With a business or job already in place, you will find it easier to rebuild your life.

  • Develop a hobby and learn new skills: The process of learning should not end until the day you die. Develop a hobby, such as cooking, and enroll in training courses and programs. Many people who have lost their job or business have found great success with the skills they have learned as a hobby.

How about you, what’s you back up plan?

 

 

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