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Monday, March 25, 2013

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The Reality of Loans For Black Women The changing conditions of the American economy and also the vast engagement of Black women in the business sector have signaled time for a lot of more changes inside corporate world. As Black Women managed to enter successfully the industrial businesses becoming very successful entrepreneurs they found out that they can can claim and obtain more loans either for private or business usage. Black women are now able to use a variety of institutions and places to inquire about for financing whether the purpose is to buy a house in order to enforce the standard of the business. The best conditions and less requirements for loans refer towards the financing and loans granted by many people organizations profit or not both American and international who keep the involvement of Black women to local economy and try to help you as much as possible. The loans generated by those organizations have really favorable terms. Most of their announcements could be found either online or in the state public offices and in many newspapers and media. Dark women enjoy loans given by the official State vernment. Some of these are very generous and come along witod terms and friendly conditions; though the demand for the children is absolutely high. This helps to produce the availability limited and especially should you get to find out that some loans were announced a couple of days ago you may wind up being really late. Women who will be interested within them ought to be really well around date with news. Se Black Women entered dynamically the planet of business today s and Financial institutions can't do otherwise but acknowledge and appreciate the fact. Many loans receive now to women who have a good credit score scores some serious ome and are either Native Americans or immigrants who reside within the country and meet several theoretical requirements. Unfortunately great news stops here as the reality for Dark Women who request loans remains harsh. According to a few studies and research results women are much more likely to get higher rates of interest than men or white people even though they fulfill the requirements fully plus much more efficiently. For the lover of statistics listed below are some very enlightening news coming from your research made with the American Consumer Feden. Women really are getting loans with much higher rates than men and black ladies have even higher rates than men and white people. 32% of females will get yourself a high interest when closing financing which has a while men that will close the same loan can get significantly lower. 50% of these men are under qualified in comparison with those women. The Common interest for black women is 7-9% while for white people is 5-6%. The difference is obvious along with the discrimination is more than striking. Today while using recession being present the conditions are even worse. Black Women are granted less and much less loans every day inspite of the fact that most of them have seriously big ome and redibly reliable credit history. Advocacy groups and consumer institutions protest just for this ongoing phenomenon trying to ameliorate the conditions and terms for Black Women. - bad credit auto loans refinance


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Friday, September 14, 2012

The Reality of Loans For African American Women

The Reality of Loans For African American Women
The changing conditions of the American economy and the vast engagement of African American women in the business sector have signaled the time for many more changes in the corporate world. As Black Women managed to enter successfully the industrial businesses, becoming very successful entrepreneurs, they found out that they can claim and get more loans, either for personal or business usage.
African American women can now turn to many different institutions and places to ask for financing, whether the purpose is to buy a house or to enforce the quality of their business.
The best conditions and less requirements for loans refer to the financing and loans granted by many organizations, profit or not, both American and international who support the involvement of Black women to local economy and try to help as much as possible. The loans generated by those organizations come with really favorable terms. Most of their announcements can be found either online or in the state public offices and in several newspapers and media.
African American women enjoy loans given by the official State and Government. Some of them are really generous and come along with good terms and friendly conditions; however the demand for them is really high. This makes the availability limited and especially if you get to know that some loans were announced a few days ago you might end up being really late. Women who are interested in them should be really well up to date with news.
Since African American Women entered dynamically the world of business today, Banks and Financial institutions could not do otherwise, but acknowledge and appreciate the fact. Many loans are given now to women who have good credit scores, some serious income and are either Native Americans or immigrants who reside in the country and meet several theoretical requirements.
Unfortunately good news stops here, because the reality for African American Women who ask for loans is still harsh. According to several studies and research results, women are more likely to get higher interest rates than men or white people, even though they meet the requirements fully and more efficiently.
For the lover of statistics, here are some very enlightening news coming from the research made by the American Consumer Federation. Women are indeed getting loans with much higher rates than men, and black women have even higher rates than men and white people. 32% of women will get a high interest rate when closing a loan with a bank while men who will close the same loan will get significantly lower. 50% of those men are under qualified in comparison with those women. The Average interest rate for black women is 7-9% while for white people is 5-6%. The difference is obvious and the discrimination is more than striking.
Today with the recession being present, the conditions are even worse. African American Women are granted less and less loans every day, despite the fact that most of them have seriously big income and very reliable credit history. Advocacy groups and consumer institutions protest for this ongoing phenomenon trying to ameliorate the terms and conditions for African American Women.

Yes Loans! The Ideal Solution To Funding Your New Car

Yes Loans! The Ideal Solution To Funding Your New Car
It comes to that time every so often when the old car just can't keep up with the demands of long trips, taking the kids to school and getting yourself to work and back. Time and time again things are going wrong with it and the costs soon build up. I should know, this has started happening to my car!
The trouble is what if your car is still under finance for another year and you have no warranty? Certain companies will allow you to add your existing finance on to a new finance. They simply get a settlement quote from your current finance company and pay it off for you and then add it on top of the new finance. If you part exchange your car, you will also bring the price down of the new finance.
If you happen to have paid off your finance then beginning afresh is the best way, but where do you go? These days there are so many scam companies and sites being launched onto the Internet every day, across the world. So I always say, stay with the well known, reputable and positively spoken about companies as these are popular for a reason.
Finding the best deals aren't hard in today's society though, and comparison sites have taken all the hard work out of finding the best deals online, admittedly they have made individuals a lot lazy! But hey, if you want to save money it's the best way!
Be sure though to take into account:
• The Company (Is it reputable)
• How are the repayments?
• Is the APR fair?
• Can they be easily contacted?
• Can you settle the loan without a fee?
• Read the small print for charges

Retail Store Funding

Retail Store Funding
How Retail Store Funding Can Help Your Business
The downward spiral that small businesses nationwide are experiencing is further exacerbated by the worst "drought" of bank lending since 1945. A survey carried out by National Small Business Association (NSBA) survey discovered during a query in December 2009, that 39% of business owners found it difficult to find proper financing for their businesses.
Those businesses that have been incurring large debts in the use of credit cards will have realized that this method is becoming less dependable for urgent-situation financing. It is estimated that greater than 33% of business owners use credit cards to finance over 25% of their operations, notwithstanding 79% attest to the worsening of credit cards terms during the past year or so. Consumer spending is moving up on the graph, but still has a long steady climb before approaching an acceptable position with respect to improved revenue.
The aforementioned illustrates the whole rational behind the increase in retail store funding through the use of merchant cash advances. Companies that process card sales find console in repaying their business cash advances through monthly credit card sales; the reason for this being the repayment of the advances by way of future credit card sales, where no collateral is necessary making this an unsecured loan.
The Dilemma faced by Retail Store Owners
It's a known fact that a large amount of banks and traditional lending institutions often reject loan applications for financing from retail stores.
Most banks and conventional lending sources will often turn down loan applications for retail store financing. In spite of a loan applicant's good credit rating, banks are still reluctant to grant loans, (usually considered small and insignificant) to small retail enterprises. This leads to the undesirable situation where these businesses often lack the working capital to carry on their business operations.
The Business Cash Advance - How Can it be Used?
You are eligible once you accept the main credit card providers like Visa and Master Card. Involving ongoing and future credit card sales. If your retail store business allows the use of Visa, Master Card, American Express or Discover Card, you become a prime candidate for this kind of funding. The key advantage is that one can repay a loan without affecting his or her daily cash flow.
Some Popular Uses:

Cash available for restoration and growth
For better cash flow management
Bulk purchasing of business equipment and supplies
All-purpose working capital use
It is gratifying for a business owner to experience the freedom in acquiring a loan without requiring to place restrictions on the use of those funds obtained. Apart from having the cash for immediate routine needs, the business owner -manager will be at ease in controlling his cash flow and maintaining a secure level of working capital.

3 Places to Find Loans For African American Women

3 Places to Find Loans For African American Women
Black women are a segment of society that banks, retailers, and politicians are really paying attention to recently. As a group, they have grown strong and today are venturing into fields, which we never thought they could, like business, engineering, management, etc. All this has made the financial institutions more relaxed in the way they them. Finding loans for African American women has never been easier. So if you are an African American Women wanting to acquire financing (whether to buy a home or start a new busines venture), there are a few places available to you for getting a loan.
1. Organizations: Many of the national and local organizations involved with African American women help its members by providing grants and low interest rate funding. To find several of the groups, be sure to check in your Yellow Pages and the internet for more information.
2. Government: The Government has run many programs designed to help those in society who need it. Be sure to apply for the grant programs as soon as possible (they tend to run out of funds quickly). There are also a variety of low interest loans products to help women better their lives.
3. Banks and other financial institutions: Because of their growing economic presence, its becoming much more commonplace to see loans for African women of African decent getting approved and closed. Banks have taken notice by increasing their marketing budgets in attracting these potential clients.
Women have many options available to them when it comes to getting their hands on needed funds. Although loans for African American women used to be a rarity, today banks, government agencies, and private and public associations are all opening their vaults to this growing force in our society.

Do Student Loans Deserve Special Debt Relief Measures?

Do Student Loans Deserve Special Debt Relief Measures?
In the past year, the outstanding student loans owed by residents of the United States have grown so rapidly that the compiled funds borrowed for educational purposes by individual Americans now appears to be larger than even the amount of money represented by credit card debt accounts, but these burdens are actually far more insidious. While many students may have originally agreed to sign up for school loans under the presumption that they would be more or less investing in their own futures with an almost one hundred percent guaranteed rate of return, the sad fact remains that our current financial struggles hardly ensure plentiful employment prospects for anyone in any field, and there is no longer special privileges and opportunities reserved for people leaving college or university with an advanced degree.
If anything, the American economy has been notably deadened from the increasing likelihood that the new graduates will wait out the six months or so of the previously designated grace period pounding the pavement to try and find a living wage from an entry level position within an industry that would reflect their recent training. Also, it's important to remember that the nature of educational loan balances differs considerably from other commonly accrued obligations. Consumers who run into debt relief trouble with their Visa or MasterCard spending limits could always just bite the bullet and file for Chapter 7 bankruptcy protection. Although declaring bankruptcy would ruin a family's credit ratings for up to seven years and potentially even put their household possessions at risk for seizure and auction by agents of the court, there exists a method by which borrowers could for better or worse discharge all of the debts and start fresh again.
When it comes to automobiles or residential properties foolishly purchased with the help of loans or mortgages whose payments turn out to be more than the owners could consistently afford from month to month, the answers are even easier should worst come to worst. Borrowers threatening to default can just walk away from their claims to title and allow the lenders to repossess or foreclose. With student loans, there won't be any collateral to return to the banks, but legislation enacted by the Congress in the 1990s prevents educational funding from the Chapter 7 protections. Now that the borrowers have to avoid bankruptcy as an option, the creditors are free to garnish wages and attach bank accounts, and the former graduates might be hounded for compensation for the rest of their lives.
This is both unfair to the people and damaging to the nation, as increasing numbers of potential students appear to be frightened away from higher education. Furthermore, since the grand majority of student loans are essentially subsidized by the government anyway, an official measure of forgiveness that would clear the outstanding balances of deserving students unable to afford restitution shouldn't upset the financial community in the manner of a credit card debt relief jubilee pressured by the government (and, even as the vaguest of threats, striking fear in the hearts of lending banks themselves perilously over leveraged). An outright jubilee or managed provisions of debt settlement should hardly drain the federal reserve, and the assistance granted to our country's hardest working young men and women during their early struggles may be repaid tenfold by their later achievements.

Arab Investors Fuel Alternative Lending Options

Arab Investors Fuel Alternative Lending Options
You've probably heard the phrase, "When one door closes, another one opens." Or "When life hands you lemons, make lemonade."
In challenging times, like the current economic crisis that has reached epidemic proportions worldwide, businesses need to recognize that opportunities for growth and success do exist. You just have to be more creative and focused on uncovering them.
With American banks putting a moratorium on lending and some of the financial powers facing closure, the businesses that have relied on them are feeling the stranglehold. Financing your company's growth is difficult. Finding the funding to remain afloat until the economic tide shifts is virtually impossible.
At least it is among the American lenders. Perhaps you should broaden your view and look for that financial support outside the United States. Arab investors, for example, continue to be serious investors with considerable wealth to support their interests. Oil-producing countries-like Kuwait, Qatar, Saudi Arabia and the United Arab Emirates -are rich with investors. In addition these countries have created substantial Sovereign Wealth Funds (SWF)-akin to a state-controlled national savings account-to diversify the revenue streams from their oil surpluses. In a distressed American economy, such opportunities are becoming more and more common.
By identifying high-return investments, SWF managers are amassing staggering wealth for their funds. SWFs in the oil-rich Gulf States are valued at $2 trillion. In 2007, the United Arab Emirates' SWF was worth more than $875 billion. SWF and private equity funds will be leading the way forward with financial allocations. The Middle East has large stores of money in these funds and you should expect to enter the market when the market cap of some firms drops below book value. While investment in the U.S. by Arab investors certainly slowed during the mounting economic crisis of the past few years, the SWFs are showing signs of increased interest here, particularly in the finance and real estate areas.
Your passport to the Arabian finance
Arab investors, especially those with SWFs, will continue to be serious investors with considerable wealth that will be further enhanced by oil revenues where the price of oil is still higher than where it was in the beginning of 2007. But how do you find these individuals and businesses? And once you find them, what do you need to know in order to pique their interest in your venture?
You first must recognize the cultural differences in financial practices. For example, Islamic banks will only fund tangible assets, such as infrastructure and real estate. In addition, according to Islamic law, the banks cannot charge interest or penalties. While that sounds appealing at first glance, you have a different type of price to pay. In return for the funds that they provide in good faith, the investor becomes more of a fiscal partner. According to Vaseehar Hassan Abdul Razack, chairman of Unicorn International Islamic Bank, Islamic banks "will follow through exactly what you want to do and be your partner holding your hands from day one, until the project is completed, and then make sure it is properly completed and that the cash flows are generated according to what they are projected, and then they share an equitable proportion of the profit."
Unlike American lending institutions, Arab investors and Islamic banks will not simply approve a loan and release the funds. Accountability is key in the transaction, which is why their bad debt rate is extremely low. So, be prepared to take on an active participant, not just a funding source.
Next, be fully prepared with the research and documentation that supports your need for the funding and the ability to deliver results-and profits!
"I always look at person who can understand the research that his firm has undertaken," confides a wealthy Jordanian investor explaining that he expects the one making the request to be well-informed. "Typically, the person is the relationship manager. I expect him to relay the research methods that his firm has used, and explain how it translates into investment opportunities."
In my dealings with investors and funding institutions throughout the Middle East, I learned that a proven track record is tantamount to gaining the interest of an Arab investor, Entrepreneurs with a great idea but no demonstrable history will fall off the radar. The confidence that comes with a portfolio of results can translate into a smart investment opportunity, when coupled with comprehensive research, facts, and figures.
Finally, it is essential to recognize the business savvy of the Arab investors. Typically, they are well-versed in western businesses and their way of thinking. Under-estimating that reality will remove you from consideration. As one investor remarked, "A snake oil salesman will immediately turn off the investor."
Substantial wealth exists in the Middle East, but never assume that the amassed monies are spent lavishly. When you're serious about courting finds from these visionaries, be prepared to reach up to their standards if you want to reach into their pockets!
i. Latif, Saher, "Islamic finance: Funding the 'real economy'", INSEAD, knowledge.insead.edu.