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30Aug/12Off

An Alternative to the Traditional Loan

Many small business owners will find themselves in need of a loan at one point or another. If you are in this situation, you may want to consider a merchant cash advance as a way of helping yourself resolve your financial difficulties. While this option has been around for about ten years, it has recently become more popular and more prevalent. It has been particularly useful for dining establishments and service businesses that can't secure a loan due to poor credit or other issues.

Getting a cash advance means that you will receive a certain amount of money, but you must give the company a predetermined percentage of your sales. While these transactions are a great way to get quick cash, you need to be aware that they will end up costing you much more than getting a loan would; generally, you only want to use them if you don't have another option available to you.

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29Aug/12Off

Lawyer’s Advice Needed for Bankruptcy Case

I am hoping that I will be able to file for bankruptcy in the near future, but I am not sure how strong my case is, as I have no experience with this sort of thing, and therefore, I am looking for a lawyer that will be able to aid me and give me advice about the prospects of such a bankruptcy case. As such, I am currently on the internet looking for a good Riverside bankruptcy attorney that will be able to help me out.

I had really hoped to be able to avoid bankruptcy for the longest time, as I struggled with my mounting debts, but after a few bleak months of barely being able to make ends meet, it became clear that I would not be able to continue to make payments and keep my finances in check for very much longer. I am hoping that by choosing bankruptcy, I will be able to start saving up money again, and eventually, I will be able to get to a point where I am not so financially bad off.

I am not sure how long that will take, but I am hoping it will be possible. I am not really sure what sort of factors are taken into account during bankruptcy cases, so I am hoping that I will be able to get a wealth of information from a lawyer that is relevant to my particular situation. I have some student loans that are quite a financial burden, but I have heard that bankruptcy courts will almost certainly not absolve me of those debts. Still, I have plenty of other debts that I might be able to rid myself of. I hope this bankruptcy case, if it does go to court, does not cost me too dearly in the end.

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11Aug/12Off

Get a Credit Report and Save Money in the Long Run

 Free Credit Report - Get Free Credit Report Tansunion Free Credit ...I value my credit rating, and do what I can to protect it from abuse, identity theft and fraud. However, I do not waste money on my protection attempts. The whole reason I protect myself financially is to save money, which is why I only access My Free Credit Report options.

I know that I could pay for my credit report at many various options, but spending those dollars is not going to give me a better credit report, or a more thorough one. I get the same credit report whether I pay for it or not. So why spend money on it?

Getting a credit report is not just about looking back and making sure everything is accurate so that my identity is protected. I do it largely to help myself plan for the future. When I know my credit score and history, I have a really good idea what my near term future is going to look like. I can factor in likely insurance rates, as well as how much interest I will pay in financing my next car or home.

This comes in really handy sometimes, because every once in a while, my credit is so good that paying off a loan early proves a bad idea. Take my student loans for example. With my credit score, I pay less than two percent interest currently. I can get more than two percent interest off of most of my savings in certificates of deposit accounts, so in the long run, I make more money keeping my savings and paying the minimum payments on my student loans. I could not do that without a great credit report or continue doing it unless I kept up with my credit regularly. I honestly do not know how often the experts say we should check our credit report, but as long as I can do it free, I will keep doing it every month.

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