Category Archives: Finance

Best Payday Loans No Credit Check No Faxing: Why are they Popular?

April 04, 2013   Allen Smith   No comments

When you are in a situation when you need urgent cash or else you won’t be able to make it to the next paycheck, a payday loan can solve your financial problems. The best payday loan products are now in offer without any hassle of credit check or faxing requirements. This implies that people with a blemished credit history can also apply for these short-term unsecured loans. These innovative credit products can be used to mitigate financial problems like the following:

  • Outstanding rent
  • Outstanding utility bills
  • Unexpected medical emergency situations

Why Payday Loans Are Becoming Popular Among Borrowers

You can avail up to $1500 by way of a payday loan which is adequate for fulfilling your short-term financial needs. Given below are the reasons why more and more people are resorting to payday loans to meet their temporary financial urgencies:

Read More

Cyprus Rejects Bank Levy, Putting Bailout in Doubt

March 19, 2013   Joanelle Navarro   No comments

Photo Credit: www.theworld.com

Lawmakers in Cyprus have rejected government plans to impose an unprecedented tax on bank deposits, which has thrown into doubt the 10 billion euro bailout agreed upon with the European Union on March 16.

Failures to secure the emergency loans from the EU would leave Cyprus facing a banking collapse.

The bailout, which is considered small in comparison to rescue packages for other troubled EU nations like Greece, represents more than half the size of the 18 billion euro Cyprus economy.

The proposed tax on deposits had sparked big protests outside parliament and messed with the financial markets on March 18.

Officials chose to make changes to the proposals to protect depositors who have less than 20,000 euors in their accounts, but plans to levy a tax of 6.75% on deposits of 20,000-100,000 and 9.9% on anything above 100,000 euro wasn’t approved by parliament.

Cyprus has become the fourth of 17 eurozone stars who have been granted a bailout by its EU partners and the IMF, after Greece, Ireland, and Portugal.  Spain was given EU assistance to rescue its banks, but so far has avoided asking for a full sovereign bailout.

Read More

Thousands of Jobs Added, Unemployment Rate Declines

March 08, 2013   admin   No comments

Read More

iPhone 5 is fifty percent of Verizon’s sales

February 19, 2013   Ebonne Young   No comments

Photo credit: www.cultofmac.com

In the fourth quarter of 2012, Verizon Communications Inc. sold 6.2 million phones, with the iPhone accounting for more than 50 percent of the sales with a total of 3.1 million sold. The iPhone has been ranked as the top choice by carriers such as Sprint Nextel Corporation, Verizon Communications Inc. and AT & T Inc. Verizon sold almost half of the iPhones, including the 4, 4S, and 5, manufactured this year.

Verizon is the nation’s major wireless company with AT & T and Sprint as runner ups. The sale of iPhones accounted for two-third of all smartphones sold by Verizon last quarter. Verizon has also sold nearly 11 percent of Apple’s total iPhones manufactured during the last few quarters.

Verizon also has hopes that 2013 will turn out to be a significant year for them. The margin of profit expected by the company will lie between an average of 49 to 50 percent, which can be further accelerated by the addition of 5 million new consumers and growth of  the company’s “Share Everything” plans, in which consumers are required to pay per gigabyte.

Read more at WHDI Reviews

Read More

Using a Credit Card Could Bring Additional Fee

January 31, 2013   Samantha Kauffman   No comments

Photo Credit: http://en.wikipedia.org/wiki/File:Credit-cards.jpg

While cashing out at the store, you may want to think before you pull out the plastic. As of January 27, 2013 stores in most states may charge you a “checkout fee” for simply using your credit card.

These new fees are a result of a multi-billion dollar settlement that occurred between credit card issuers and merchants in July.

Nine major banks including Visa and MasterCard agreed to the 7.25 billion dollar settlement to fix credit card processing fees.

As part of this settlement, credit card issuers explained that they would reduce these fees paid by merchants to issuers, however, this would only be the case for the first eight months.

Another part of this new deal is that retailers have the option to charge a surcharge if a customer decides to in fact use a credit card. According to Consumer Action, the retailer is only allowed to charge enough to what would cover the processing costs, which is between 1.5 and 3 percent of the total purchase.

Read More

Some Outstanding Tips to Obtain Life Leads with High Potential

January 22, 2013   Allen Smith   No comments

Perhaps one of the biggest challenges to a life insurance agent is to obtain a constant flow of life insurance leads with good potential. Without prospective customers, the life insurance agents are almost out of business. However, by taking advantage of different types of lead generation techniques consistently, an agent can ensure to maintain the sales figure of his agency. Some lead generation methods don’t need any outlay of money, but they need a bit of thoughtful research and networking.

Here is a list of different techniques that life insurance agents can use to generate good quality leads without breaking the bank.

  • Create a list of acquaintances – At the outset, making a list of all family, friends and corporate acquaintances is very much needed. Once the list is created, an agent should start contacting them. Whether you’re a veteran or a novice insurance agent, you can certainly make use of this method. People you know are very good source of potential customers and thus good life leads. All of them may not have an immediate requirement for buying life insurance, but contacting them ensures that they would contact you while they need it. Making contact with them also ensures that they would refer someone they know if that individual is in immediate need of buying life insurance.

Read More

Egypt Holds Dollar Auctions to Prevent Currency Crisis

December 30, 2012   admin   No comments

Read More

Republican House vote “yes” on John Boehner Plan B

December 25, 2012   Chelsie Gastright   No comments

Photo credit: Susan Walsh/AP Photo/ABC News

Earlier this month, House Republicans voted on a new tax plan that will extend the lowering of taxes for all income up to $1 million. John Boehner, the speaker of the Republican house, proposed this “Plan B” option.

President Barack Obama’s original plan aimed to find a common ground, raising the heightened tax threshold from $250,000 to $400,000. However, the Republicans did not see this as appealing, and when voting opened they shot it down with the entire yes ballot filled with Republicans.

“I believe it’s important that we protect as many American taxpayers as we can,” said Boehner to reporters at a closed-door meeting of the GOP caucus. “Our Plan B would protect American taxpayers who make a million dollars or less, and have all of their current rates extended.”

While tax cuts would mean more money in the pockets of American citizens, it would also mean increasing the national deficit. With over $4 trillion of tax paying money staying in the pockets of those who earned it under this new bill, it is possible to see “record breaking” budget deficits of almost the same amount.

Currently the plan is still under consideration. The bill was proposed on Dec. 18, and with the majority of the Republican House passing the vote, it will be sent to the White House for further consideration.

Read more on this recently proposed bill at The Washington Post.

Read More

American International Group begins new era with financial stability

December 21, 2012   Chelsie Gastright   No comments

Photo credit stakebuzz.com

When the country slipped into financial crisis in 2008, the government bailed out many large companies that were at risk failing. One of those companies was the American International Group (AIG).

However, On Dec. 10, the U.S. government announced that they were selling the final shares of AIG stock, which announced the end of one of the largest bailouts of the 2008 financial crisis.

AIG has been steadily repaying the government for it’s financial assistance, which included loans and federal guarantees. Since September, the now stable company had repaid $197.4 billion to the Treasury and the Federal Reserve, according to The Washington Post. This number actually exceeded the original bail out package, which was only $182.3 billion.

When stocks closed on Dec. 10, AIG’s shares were at $33.36, which was down 77 cents from the previous Friday’s close. The trading has been fluctuating for AIG over the past 52 weeks, with the high being $37.67. On Dec. 20, stocks were up 0.64 percent at $35.53 at closing.

Read More

5 Tips for Dealing with Problems with your Insurance Claims

December 18, 2012   Allen Smith   No comments

An insurance policy is primarily designed to make you feel safer and more protected. However, there are instances when you deal with issues regarding your financial policy. This holds true if you process a claim because this might cause you to deal with a lot of confusion, bureaucracy and double speak. To help you effectively deal with all the problems that may arise when filing for an insurance claim, consider keeping in mind the following tips:

1. Read and understand your policy. If you are among those who do not spend time reading the fine print before signing an agreement, then there is a great possibility that you will experience problems once you file for a claim. Make sure that you understand everything about your policy before signing the contract as this will allow you to know exactly what to expect from it. This is a huge help in effectively communicating with your provider.

Read More
« Older posts

  • View a Clip from the Film ‘Raze’

  • Free PR Web Directory

    News and Media link directory