Saturday, June 30, 2012

Your Option to Get a Loan even with Very Bad Credit Scores!

If you are considering a loan, your credit score is important. Banks and other financial agencies will consider your credit score before they can give you a loan. And if you have a bad credit history then forget that loan! If that is what you hear from banks when you apply for a loan knowing or not knowing of your bad credit, then payday loan will be your problem-solver.
Understanding the fact that not everyone can afford or needs a bank loan, payday loans were devised. It is a loan any person, with or without a good credit score, can opt for.
Understanding payday loan
A payday loan is a smart unsecured loan that is obtained by a borrower from a lender against their next pay cheque. Just like a normal bank loan a payday loan also levies interest on an obtained loan. The interest may depend from one agency to the other, so choose the one that offers cheaper interest rates.
How to get a payday loan?
There are two options for those who wish to take a payday loan.
One can visit a nearby payday loan centre and fill an application form and submit a photocopy or a scanned copy of their payslip along with a proof of an existing bank account from which healthy/active transactions have been carried out recently.
The second option for getting a payday loan is online. There are so many online payday loan agencies that offer you the best choices of interest and instant cash advance. All you need to do is visit an online payday loan company and fill in form and submit it online. It will be processed electronically and within few hours or days the required amount will be credited in your account. All you have to do is provide some details and everything – from money credit to money withdrawal – will be done through online transactions.
Benefit of a payday loan
Payday loan has been quiet popular these days. This popularity is due to the beneficial feature it provides, some of which are listed below:
  • It is a hassle-free, paper-free process when you opt for a payday loan
  • Payday loans do not consider your credit score so anyone can get one.
  • There is less time wasted in a payday loan, so your urgent needs could be attended immediately
  • There is no need to wait in long queues just to get a loan approved or retrieve your money
  • The process is simple and easy to deal with.

Author Bio:
My name is Michelle. I am a tech writer from UK. I am into Finance. Catch me @financeport

Tuesday, June 26, 2012

Common debt solutions in Scotland

Residents of Scotland who are experiencing difficulty with debt have access to a wide range of options that could potentially alleviate their situation. Having lots of options can present its’ own challenges however as it can be confusing to weigh them up. In this article we detail some of the main options and summarise how they work.

A debt management plan is the most used debt solution in the UK. The arrangement is known as being “informal”. This means that neither the debtor nor the creditors are “bound” by the relationship. This provides flexibility for a debtor, but also creates exposure. Even if creditors agree to a debt management plan they may later change their mind. Where a DMP works correctly, a monthly payment will be made until such time as the debts are fully repaid.

The Debt Arrangement Scheme is quite similar to a debt management plan. The debtor commits to pay an amount that they can afford towards their debts; this continues until such time that the debts have been fully repaid. While less flexible than an informal debt management plan, the Debt Arrangement Scheme overcomes the exposure issues identified in connection to a debt management plan. Once it is all in place the debtor is protected from legal action by included creditors and interest will not be charged provided that they see the programme through to completion.

More serious debt situations may require more serious measures. Where the debt levels are comparatively high attention may turn to measures such as a protected trust deed. This is sometimes referred to as a Scottish trust deed or simply abbreviated to “trust deed”.

A trust deed is quite similar to bankruptcy in some ways. Both are forms of formal insolvency under Scottish law. In a trust deed the debtor commits to pay their surplus income, the value of significant assets and the value of assets that they may acquire during the trust deed to help repay their creditors. Typically the term will be three years. In some circumstances a trust deed may help a debtor to protect their assets or employment (in comparison to bankruptcy) but this is a very technical area in which specific prior advice should be sought.

Not everyone can afford to make a contribution towards their debts each month via a debt management plan, Debt Arrangement Scheme or a protected trust deed. In such circumstances bankruptcy may be the best route to choose. This will pose challenges however for those with assets and they must be especially careful to understand their position before they go ahead.

Depending upon the circumstances involved one of a number of routes to bankruptcy can be used. Some people can approach the Accountant in Bankruptcy directly to organise the process. Other people may require an intermediate process to be completed first known as a Certificate for Sequestration. In more complex cases where a monthly contribution is viable or assets exist people choose to appoint a Trustee themselves to deal with the bankruptcy. 

With a number of debt solutions being available the value of professional advice comes to the fore. Debt advisers will want to understand the circumstances before directing any individual to a solution that is specifically suitable for them. Professional debt advisers will review income, expenditure, debt, assets, employment and attitudes to various issues before offering their advice.

Author: Scottish trust deed forum provides advice from experienced trust deed professionals, plus news and information on trust deeds.

Thursday, June 21, 2012

Slip and fall lawyers: How can they help you?

Slip and fall injury is also known as trip and fall injury. So what does this type of injury mean? Well, slip and fall injury is a term which is commonly used to describe an injury resulting due to slipping off, tripping off or falling down due to dangerous or hazardous condition on the property of someone else. Such injuries can result due to snow, grease, water, rain, ice or any other type of slippery substance on the surface where you walk. Apart from this, injuries resulting due to changes in flooring, poor lighting, hidden hazard, etc. also fall under this category. You should also note that such injuries are considered a part of personal injury and a slip and fall lawyer will be able to take care of such situations helping you to file lawsuits against the concerned person.

Categories of slip and fall injuries:

The slip and fall lawyers opine that there are mainly four categories of slip and fall injuries. However, it is true that these categories are quite generalized. Let’s take a look: 

  1. Slip-and-fall accidents: In such accidents, you slip and fall down on the wet or greasy floor of someone else. There are no warning signs posted for your help.  
  2. Trip-and-fall accidents: In this case, a foreign object/material is placed in the walking path which leads you to fall down. Example of such objects include: stack of books, a table, etc.
  3. Step-and-fall accidents: In this situation, there is a hole in the walking surface or a missing manhole cover or utility cover in the sidewalk which may result in falling down of a person.
  4. Stump-and-fall accidents: In this case, there is normally an impediment in the walking surface such as a power cord, that wasn’t there previously and has now led to the fall of a person.

Slip and fall lawyers opine that if you’re on another person’s property and you injure yourself due to greasy ground or any other impediment, then the property owner will be liable for your injuries. You can take help of a slip and fall lawyer and file a lawsuit against the property owner. In case you’re the property owner and someone hurts himself/herself on your property, then you will face a lawsuit and will be held responsible for the concerned person’s injuries.

What to do in case of slip and fall injury

In order to make a strong lawsuit against the property owner, there are certain things which you need to do when you incur a slip and fall injury. You will have to gather information so that it becomes easier for the slip and fall lawyer to prepare the report. Here are certain things which you need to note down after the slip and fall injury:
       Date and time of the accident
       Take photos of the spot immediately after the accident has occurred
       Description of the circumstances around the accident spot
       Whether or not there was anyone else present at the accident spot
       Go for immediate treatment after the injury so that you can substantiate it with medical reports.

A qualified slip and fall lawyer will be able to help you the best in case of such an injury. He/she will help you know you rights and options so that you can take right steps in the correct direction.

If you want to know more about slip and fall lawyers, visit this website -

Thursday, June 14, 2012

Start Saving Your Money Now With These Five Small Changes

When you are ready to start taking control of your finances and play a more proactive role in setting yourself up for prosperity, saving money should be a priority. While there are plenty of big steps that you could take to shift your finances, there are also plenty of small things that you could do right away to start saving. Here are five small changes that you could implement to start saving money.

Avoid Fees

Most people pay many different fees over the course of a year. For example, you might pay insufficient funds fees at your bank or late fees to your credit card company. Some banks charge you a fee just for keeping your account open. Whenever possible, make it a priority to reduce the amount of fees that you pay.

Make a Budget

One of the best ways to save money on regular basis is to budget your money. Many people have a hard time saving money because they don't actually keep up with how much money they spend on a regular basis. If you will take the time to budget, you'll know exactly where your money is going and how much you have left over at the end of each month.

Bundle Your Home Phone, TV and Internet Bills

If you are currently paying for the premium television, home phone, and Internet package with your provider, it may be time to bundle everything together or find a less expensive solution. Alternatively, you could eliminate your television and home phone subscription all together in favor of inexpensive online services such as Skype and Netflix.

Save Money on Purchases

Instead of randomly going out and buying the things you need or want, do a little bit of planning before you buy. If you will do some shopping around, you can typically find great deals on almost anything that you want. In addition to shopping around, you can find coupons in the newspaper or online that will save you money as well.

Rebates Program

Sign up for a rebates program. There are a number of rebates program that you can sign up for that will give you money back for the things that you buy. You can also sign up for rebate credit cards to get money back on your purchases as well.

Overall, there are a lot of different strategies that you could use to save on your regular expenses. Just look for small ways to make changes, and they could add up to make a big difference.

About the Author

Carly Lance is employed by Personal Bankruptcy Canada, a company dedicated to helping “good people deal with bad debt”.