Redefine Finance !!!

It is very easy for the lenders to sweetly deny the loan, labeling the borrower as 'a high risk client'. A guaranteed car loan can be a better option in these cases and it would help all the consumers to own their dream car.

Borrowers with slightly less than a perfect credit score are denied but they have all the rights to own a car of their choice. Do not your weird thoughts ruin you and let's look at the reality here. One cannot change the poor or bad credit history overnight but there is a possibility to come home in the company of the SUV that the user wished. These are special sort of loans given to the individuals who were ripped off elsewhere due to poor scores.

Guaranteed car loans are offered to people with poor or no credit score and are mostly offered to students who are just out of the college. Most lenders will scrutinize the borrowers for having poor credit history and they face loan denial charges. The companies are very much comfortable in sweetly refusing the loans and they are not ready to know the reasons for the poor credit history. Guaranteed car loans can avoid such kind of humiliations but the interest rates offered are higher for poor scores. It is up to the borrower to get a loan at a higher interest or to be without the loan. Here are some tips to be followed to get a guaranteed car loan.

Maintaining a good credit score is very important to avail the loan. This enables the borrower to negotiate a better deal with the lenders and saving few thousand dollars. Borrowers should shop around before signing the deal.

Comparison of rates and other benefits must be done with the data collected. Searching online and applying for quotes can be useful in these cases. Spending a little time to know about various lenders and their policies may end up in saving few thousand dollars. The pact must be signed and inked by both the parties. This will be helpful for both the parties and this avoids the lenders in throwing any hidden charges. It is important to get everything in written, which safeguard the interests of both the parties.

The loan amount offered is heavily dependent on the resale value of the automobile. A Payment schedule should be fixed according to the financial capacity of the borrower. The best way to save some bucks after buying a car is to apply for a refinancing. People might pay higher interest rates when opted for a guaranteed car loan. This is subjected to having bad credit and bankruptcy background. A better deal would be the one having lower interest rates and the borrower can enjoy offering the auto loan whose benefits later. The number of days to ink the deal is very less. People can get the loans in just a week's time.

You could be considering accepting one of the hundreds of advertised proposal on TV and newspapers for a personal loan which will combine all your debts into a single account for easier management of payments. Prior to calling them and filling out that form, you have to assess your present state of affairs and the possible repercussions on your finances. Because all these proposals are sugar coated to entice you to get their facilities yet they are not as perfect a solution as the lending companies make it appear to be.

It is but natural for a lot of individuals to look at exceptional deals with cynicism, and ask, “What’s the catch?” For most of us, when it comes to consolidation loans, we generally just look at the amount that can be borrowed and the corresponding monthly payments, disregarding the other terms and conditions of the contract.

Loan companies know the general psyche of a potential borrower only too well, so the proposals highlight only the loan amount and the monthly payments to determine which loan term we can afford to pay, without detailing what portion of the payment is actually going to the principal debt.

We have been made to believe that by combining all our loans, it will simplify debt repayment. What we do not look into more closely is how many years will it take you to pay back that loan and how much the total payout will amount to. No matter how light the monthly repayment scheme is made to appear, computing it against the total number of months, for instance 60 of months, of repayment could give an unbelievably staggering amount.

Put the payment terms in an annual setting and see if that will not change your entire perspective. After doing that, the next question you will ask yourself is will you want to be saddled with such a debt for five long years. If that looks okay with you, the next thing you have to do is compute how much will this consolidation loan going to cost you given the 5 year term. This might jolt you to reality and change your mind completely.

Generally, interest rates for these types of loans fluctuate from year to year. Sometimes they could go down and that will be good for you, but most of the time it is on the uptrend. So if you finally decide to consolidate your debt, don’t just look at the monthly repayment affordability but the total amount it will cost you for the entire loan term. Another question you should ask is if you are able to, can you pay the loan in a shorter term than that which is stipulated, because if you can, then it is a good option to take.

Clearing all your debts in one action will actually give you a feeling of relief and happiness, but should come with a warning.

NEVER EVER even think of using your cleared credit cards again or you will suffer the consequence of ending up in more debts than you can afford to pay. This will totally put you in a financial glitch that may take you several years to recover from.

If your hobby is doing Tax and accounting then no need for you to read this article. For the rest of us, if you need help with your yearly tax return or run a business that requires hiring an accountant, then it can be quite a task to find a skilled accounting firm offering professional help and expertise.

Whatever type of accountant is required, (chartered, tax, etc.); most people don’t really know what they should be looking out for in their search. Generally decisions are based on the locality, an advert found in the phonebook or recommendations from friends and colleagues. Taking the time to find out something about the company you select will make all the difference between an accountant who is just doing their job and one who will be loyal and enterprising.

If you are running your own company or if you are self-employed, hiring an accountant can be priceless. A few of the services they offer include completing tax returns, keeping company accounts, financial planning, auditing and book-keeping. Most of the professionals also advice on anything from buying new company cars to selling shares.

If you already have your own business or are in the process of setting one up then you will know how important the accountant can be. They should know the rules and regulations concerning any financial activities and be aware of any changes in the law that might affect your business. With the right accountant you can be sure your business is in capable hands.

Accountants can save you from spending your valuable time by maintaining all the essential paperwork for you and they even advice you on ways to cut costs. For example, because a dependable accountant will be up to date on tax laws and legislation, they will save your business quit a lot of money. It’s crucial to select an accountant fitted to your company as they will not only keep the records and finances updated and in order but can also smooth the progress of expansion.

To find the right accountant is the difficult part. The first place to start is on the internet. Preferably you want an accountant in your local area that has been established for a number of years, this will enable you to meet them face to face to discuss your needs and requirements and check out their reputation and qualifications. Ask around colleagues and business owners in similar industries for their recommendations and opinion. You could also ask your financial planner, bank and insurance agent for their advice.

If you worry about the costs of an accountant then keep the following in mind. Large accountancy firms might have the advantage of offering their services at more competitive rates, whereas a smaller company could provide a more personable service and commit more time to your account. Thus the question is; do you want quality or quantity? Don’t hold back on contacting a firm to ask questions and advice before making that decision. Chew over the area you need advice or help in as companies often specialize in particular fields, for example if you are setting up a small clothing company, the accountancy firm you select should be clued-up and have some clients and thus experience in this sector.

Always check for accreditation from an officially recognized body, especially if you are thinking of selecting an individual accountant. Only registered agents are allowed to charge for preparing or lodging a tax return.

There are only a few companies in Australia which offer an accounting firm referral service. These firms can find you professional help in your local area for free. Make sure that the members of their network are fully qualified Chartered Accountants or Certified Practicing Accountants. If you are searching for a general chartered accountant or require a specialist, they should be able to help you locate one in a location of your choice. They can provide a range of accountancy services, from financial planning to trust accounting, from setting up a company and auditing to superannuation.

Handing your financial records over to someone you don’t know involves a lot of trust and co-operation. Choose an accountant firm that responds quickly to your questions and has an understanding of your business. Also ask for their pricing policies and see if it is within your budget. An accountant is not only there to complete your tax returns but to offer advice and guidance that can lead your business in the right direction and into the future.

FOREX trading is becoming more and more popular in today’s economy and has no sign of slowing down. FOREX trading can make you or break you depending on how much money you have invested and how much money you stand to make.

But how do you choose a great broker to invest your money properly? Here are a few ways to choose the right FOREX broker that is going to work for you.

Maybe the most important thing you need to consider is their reputation. If they have a reputation that is not that good or is kind of shaky, then you might want to try and find someone else to invest your money because after all, it is your money that you are risking. A great broker with a good reputation might be a little busy, but their work stands out.

Also when looking at a brokers’ reputation, you also need to look at their foundation, where they are getting the money and what financial organization that the broker allied themselves with. This is a good indication on how good the broker really is. You do not have to settle for someone who you think is not worth your time. You have to make the decision on how your money is going to be invested so you have the right to pick your own broker.

If you are looking into getting into FOREX trading then you have to choose a platform on how you want to trade. There is software that you can get that manages all of your trades and helps you out and makes suggestions on what to buy and what to sell. If you are still not sure about the platform you want to you can use a demo program and run that. This will help you out a great deal because you are not risking any money until you are ready.

Also if you are just starting out then it is safe to assume that your account is small and you don’t have a lot of money in that account to start trading. This is a good thing because you don’t want to invest a lot of money right out of the box. Start investing your money slowly because this way if you start making money you can sell that stock and start building your account larger. Being smart with your money can take you far.

With more than 600,000 new small businesses started each year, it's safe to say that the dream of being a successful business owner is a strong one.

It is a dream for every new business owner to become a successful businessman. With more than 600,000 new businesses starting each year its now easy to have such a dream.

If you are considering starting your own business, or are already the proud owner of a business- here are 7 reasons why your small business needs a credit card:

1.Keep your personal finances and business finances separate. It's easier than you think to accidentally mix up your funds. Using a credit card that is used only for your business expenses and purchases eliminates the problem of labeling every transaction in your personal checkbook or on your personal credit card statements at the end of the month.
2.Build credit in the name of your business. If you obtain a credit card in your business name, the more you use it and make on-time payments, the stronger you will build the credit score of your business. After several months of building a good credit history, you may be able to obtain small business loans or other sources of financing if necessary.
3.Get stuff for free. There are numerous rewards programs with credit cards. If you choose one that works for your business, you can easily earn the things you usually buy for free. For example, some rewards credit cards offer you a way to earn office supplies at a discount. The key to making a rewards program successful is to choose one with no annual fee and pay your balance off in full each month. If you travel regularly for business, it would make sense that you get a card with travel rewards- either earn miles towards free flights, or get free or discounted hotel rooms.
4.Easy record keeping. Owning a small business means you are allowed to deduct certain purchases on your taxes, but only if you have good records to prove you've made those payments. A credit card with an annual, itemized statement will make tax season a snap, regardless of the number of transactions you've made on your card.
5.Additional credit cards for employees. As your business grows, you may find the need to allow key employees within the organization the ability to make purchases or pay for business expenses on your behalf. Most credit card companies will allow you to obtain additional cards in other people's names. Your transaction listings and statements will show which credit card made each purchase, allowing you to see at a glance whether the employee use of credit is being abused or not.
6.Concierge services. Depending on the credit card you choose, you may benefit from additional services like reservation assistance, verification of flights, and even a personal shopping service. Did you forget to get your wife flowers for your anniversary? A quick call to your credit card concierge service and they can make the arrangements for you.
7.Travel benefits. In addition to the potential to save money on travel costs with a credit card rewards program, most credit cards offer travel accident insurance that helps cover you for things like lost luggage or flight cancellations.

New Delhi: State-run telecom operator Mahanagar Telephone Nigam Ltd (MTNL) on Monday said it will offer new 3G prepaid connections for Rs 109 in its Mumbai circle. 

New subscribers can avail new '3G Tariff', with local voice and video call charges at 20 paise per minute on own local network and 50 paise per minute for other local networks across Mumbai telecom circle with lifetime validity, MTNL said in a statement. 

High Speed internet access and download of contents can be obtained through 3G technology

‘Jadoo’ is the brand name of the3G service offered by MTNL

The new connection comes loaded with 25 minutes of free video call, 25 MB of free data usage as well as talk time of Rs 25, it said.

STD voice and video calls would be charged at 75 paise, it added.

Nasscom expects at least 70,000-80,000 engineering grads who passed out in June 2009 and were offered jobs in their 5th and 6th semesters by TCS, Infosys and Accenture, among others, to get absorbed by March 2010. Not too long ago, there were apprehensions that the appointments of these tech grads could get deferred till 2011 in the aftermath of the global slowdown. That perception appears to have changed.

Speaking to ET, Nasscom vice-president Sangeeta Gupta said: “There’s some amount of pick-up in IT spending and clients have become active in the decision-making process. This augurs well for the IT industry and is likely to result in hiring by IT companies.

Companies like TCS, Infosys and Accenture, among others, are expected to start honouring the offers they made. As a result, at least 70k-80k engineering graduates, who were issued offer letters, are expected to get absorbed by March 2010.”

Incidentally, McKinsey in its report titled ‘Perspectives in the IT industry by 2020’, has noted that with the current pace of reforms and expected constraints in talent and infrastructure supply, the exports component of the Indian IT industry is slated to reach $175 billion in revenues by 2020. The domestic component will contribute $50 billion in revenues by 2020, which is larger than the total export revenues for India now.