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Category: ABOUT BUSINESS

What You Need to Know About Cash Advances

Have you ever been to a vendor that requires you to pay in cash, when all you have is a credit card? If you make a lot of purchases with your credit card, then you probably run into this scenario all of the time. Fortunately, there are alternative funding options for those who use credit cards. This alternative option is a cash advance.

What Is a Cash Advance?

Cash advances are simply short-term loans that you receive from your credit card company. You can use your credit card to withdraw money for purchases at an ATM. A cash advance Bordentown NJ banks provide offer you flexibility when it comes to your purchase. If you are someone who uses credit cards more often than cash, then you might find yourself in a dilemma if you frequent a store that requires cash.

What Are the Benefits of a Cash Advance?

There are a lot of different benefits from cash advances. The first is that you have access to money quickly and easily. If your credit card has a pin, then you can use an ATM to receive a lump sum of cash as soon as you need it. In addition, you are able to use the money however you want to. Whether you are purchasing necessities for your household or paying for an event, you can use the money in any way that you see fit.

A lot of people utilize credit cards more often than a debit card or cash. When you use predominately credit for all of your purchases, you may find that some places do not allow you to use credit cards. Some stores may take only cash and others ban credit entirely. In these situations, it helps to have a credit card that can offer a cash advance.… READ MORE ...

How To Find the Right Paint

Choosing the paint that suits each room of your living space is difficult. With so many options available, picking a paint color can be a daunting task, but it doesn’t have to be. With a few simple tricks, you can find the right paint in no time and leave the rest to professional painters NYC.

How To Find the Right Paint

Match the Decor

A simple and easy way to find a paint that will complement your living space is to use your decor as a starting point. Look for a decoration or piece of furniture in each room that stands out the most, and choose a color that fits with it. For example, if you have a living room with maroon chairs, you could accomplish a bold look by painting your walls maroon as well.

If subtle is more your style, you could complement the brown tones in maroon with beige paint. The same colors would work for wood furniture too! Don’t worry. If this isn’t your forte, professional painters can help you find what paint will match your decor well.

Stick With a Theme

For those who love to be creative and play around with interior design, using a theme can be a fun way to decide on a color to paint your walls. A common theme seen in houses is the beach, using blue and tan paints. Get inspired by the colors associated with your theme.

Choose Your Favorite

If you are still struggling with finding a paint that suits your needs, pick out a can of your favorite color. The most important part of any interior design is making sure you like it, and the same goes for paint. You want to paint your walls a color you will love seeing every time you walk in the room. In that case, why not have professional painters use your favorite color?

No matter what color you choose, following these tips can help ensure it is a color you will love. Leave behind the stress and enjoy picking out a beautiful paint color that will bring new life to your home.… READ MORE ...

The Advantages Of Merchant Cash Advance And Merchant Funding

Business line of credit online, merchant funding, and bank loans help entrepreneurs make their businesses successful. Merchant cash advance is a new kind of merchant funding known to many. In merchant funding through merchant cash advance, a credit card company converts future credit card sales into instant cash that the business owner can use for his/her business. There are several reasons why this type of loan is being preferred by many entrepreneurs than conventional bank loans. Let us look at some of their advantages.

For one, the processing and turnaround with merchant advance is faster. Merchant funding through merchant cash advance can be processed within a few days compared to bank loans, which usually takes a few weeks to months to process. Also, you need to provide a lot of documents such as tax returns, financial statements, etc. A merchant cash advance can be had faster and without too much hassle.

It has a higher approval rate. Merchant advance providers are more generous than banks; they are not so particular and choosy when it comes to approving applications. History of earlier bankruptcies and low FICO does not merit you possibilities of application denial. Generally you are only judged in two things, by your monthly credit card sales and by your number of months in business.

It has no upfront charges. Merchant advances do not oblige you to pay upfront costs such as application fees and some sorts of closing costs. It features a repayment that is more flexible. Typical bank loans strictly need you to repay them a fixed amount monthly. Merchant funding like merchant cash advance is more flexible. Plus, the required monthly repayment amount depends with your business performance. Merchant cash advance is more convenient as they do not usually impose overly expensive penalties if you happen to miss repayment due dates. What happens is that you will be asked to pledge a fixed part of your future credit card sales. Charges are lower when your business is poorly performing.

Personal guarantees are not usually required. When applying for merchant cash advances, you do not have to provide any collateral. When applying for merchant cash advances, you do not have to find a personal guarantor who will assure them of repayment in case you fail to do so. This is because they are more into the business credit card sales and not the owner per se.

Business line of credit online, merchant funding and bank loans sometimes serve as the lifeline of several entrepreneurs. A merchant cash advance would be best for the entrepreneur who needs short term funding to give his/her business a chance to thrive and grow bigger.… READ MORE ...

Read The Risks Involved While Driving A Car Which Has An Expired Policy Or Is Uninsured

As per the Motor Vehicles Act, 1988, it is mandatory for all motor vehicles plying on public roads in India to have a motor insurance cover. Still, the research suggests that as many as 60% of the vehicles on the roads do not have a valid insurance cover. Driving without an insurance policy can lead to many unfortunate consequences, including the ones listed below.

Read The Risks Involved While Driving A Car Which Has An Expired Policy Or Is Uninsured

Penalties and legal fines

As per the latest regulations, heavy fines have been proposed for driver caught without valid insurance under Schedule III of section 305 of the Motor Vehicles Act, 2016. These are:

Two-wheelers: Rs 10,000

Light motor vehicle and three wheelers: Rs 25,000

Other categories of motor vehicles (including cars): Rs 75,000

Other legal complications

Getting caught without a valid motor insurance policy on multiple occasions can lead to your driving lisence being suspended. The authorities could also suspend your vehicle registration. The enforcement agencies also have the right to seize your vehicle, and in extreme cases, an offender can be imprisoned by a court for up to 3 months.

Third party liability

If you are involved in an accident, other parties can sue you for damages that they sustain because of you. Typically, your insurer would handle any payments resulting from such incidents. But, if your vehicle is uninsured, you will have to bear the cost by yourself. Additionally, you will also have to arrange for any legal advice you may need. In case of accidental death of the other party, the compensation you have to pay may be much higher.

Damage to self

Your car may also suffer damage in an accident. If you do not have an insurance policy, you will have to bear all the repair costs yourself. Further the case of total loss or theft of the vehicle – all your investment in the car is gone.

Loss of no claim bonus

If you do not renew your car insurance policy on time and let it expire – you will lose the no claim bonus that you have accumulated. NCB can be as high as 50% of your premium amount. … READ MORE ...

How the Find the Perfect Mortgage Lender For You

How the Find the Perfect Mortgage Lender For You

If you are thinking about purchasing a home, one of the first steps is to get approved for a mortgage. There is a process that you should be taking here though as well. Not only do you want a good interest rate, you also want to work with a professional that is trustworthy and that can guide you through the entire process. Keep reading as we talk about how to find the perfect mortgage lender for you.

The first step is to have your credit score as high as possible before even seeing the mortgage or lender or speaking with them. This will allow you to bargain more with them because you have more power. This will also allow you to get a better rate as well as look like a more trustworthy adult that will pay them back in the future.

The next tip is to do your homework when it comes to getting a mortgage. What will you be able to negotiate? What will the entire process look like? By understanding more about it, you will be able not be walked over by any company and instead feel confident when speaking with potential mortgage lenders.

Next, you want to get preapproved for a mortgage. This will increase your chances of getting accepted later on and with the preapproval letter, you will be able to be taken more seriously by others.

How the Find the Perfect Mortgage Lender For You

It’s now time to compare rates of different Idaho banks. This will allow you to know who to speak with, who to avoid, and who to book an appointment with to speak further. If you are feeling unsure of how to find different mortgage lenders, you can jump online and do a search. You can also ask a friend who they used if you have any friends or family that recently purchased a home. You can also look up reviews online while you are there too.

Our final tip is to ask the right questions and always read the final print when you are speaking with potential mortgage lenders. Although you want to put your best food forward so you are approved, you also should understand they are doing you a service and you need to look out for anything you need to ask additional questions about. Although there will be a fee, what does it include? Will there be any additional fees? Before your meeting, write down a bunch of questions you want them to answer. You can write them down so that you don’t get confused with which mortgage lender said which. You can always ask them questions to help you clarify the entire mortgage process too. They are the experts, it’s what they are there for.

As you can see, there is some homework that should go into finding a good mortgage lender for you and your family. It may not happen overnight, but if you go through these steps you will not only get a better rate, but you will be a … READ MORE ...