Archive for January, 2013

Comparison between bankruptcy and debt settlement

Monday, January 28th, 2013

bankruptcy, debt settlementWhen it comes to taking a loan, we hardly think twice. When we are setting up our business and want to invest large sums of money it in, we naturally seek the help of banks and other co-operatives, that offer us loan under small rates of interest. In case the business turns bad, that is we lead to loses and are forced to close our doors, the piling heap of loan becomes our major source of trouble.

When you are unable to pay back your loan and want to get rid of it already then filing for bankruptcy is the only option. Here once you have filed for bankruptcy, most of your assets are liquidated and maximum amount of your debt is paid back in this way.

However in case you settle for debt settlement, your loan amount will be settled to make it the minimum amount possible by the loan provider. With the help of a financial adviser, one can organize monthly debt settlement plans.

Loans for the unemployed

Friday, January 18th, 2013

personal loans, loansLoans are important for meeting certain financial responsibilities and that is why these are granted y various financial institutions including banks, and other investment companies. Loans for unemployed youth are very important for the concerned young men and women. These loans are extremely helpful for these people as they can start any business on their own to earn their living. The amount of these loans is not fixed and that is why the borrowers can mention the amount which they think they would need to start their business.

These loans for the unemployed people are guaranteed by the government of the concerned countries just to reduce the unemployment situation in the country. Repayment of these loans is also not strict like the traditional loans. The youths are free to make the repayment after they find themselves confident for the repayment. The rates of interest are also lower than the other loans available in the market.

Forexvs stock, which is the better pick?

Saturday, January 12th, 2013

Forex, stocksAre you confused as to which direction to follow? Are you confused between Forex market and stock trading market? If the answer is yes then a genuine advice will be to pick the larger market, the currency market. If you are a beginner then there are a few reasons why you should pick the currency market instead of stock market.

The stock market has a volume of $200 billion trade volume whereas the currency market is far larger with around $1.5 trillion every day trading volume. If you are dealing in the currency market then you will not be billed with any commission and whereas if you are trading in stock market you shall have to pay high transaction fees. The currency market involves 7 major currencies but the stock exchange market deals in 40000 stocks to pick from. The foreign exchange market less risky and is very far more cost effective than the stock market. The return on the investment is also higher than what the stock market has to offer.