A.B.Namros Financial Funds

30May 2022 by goldenmeercat690

Saving Challenges You Should Try This Year

Savings

Saving Challenges You Should Try This Year Saving money isn't an easy task for anybody, even those who make it look simple will have struggled at some point. Finding the right techniques that makes saving a habit instead of a chore takes time and effort. Two elements that a lot of people do not have. Unfortunately, you cannot magically identify a method that benefits you. Saving and budgeting is almost a trial and error effort. In fact, you won't know until you try. However, the further you get into experimenting, the more elements you'll be able to identify that work for you. This way, you can take these and find other techniques that involve them. Otherwise, you may find yourself fighting the urge to borrow a payday or short term…

01May 2022 by goldenmeercat690

How to get a loan when you have Bad Credit

payday loans

If you have a bad credit score, you will experience many financial problems. Having a poor credit score will make it difficult to access affordable loans. Should your credit score drop below certain levels; lenders will only offer you loans at high-interest rates. If it exceeds these scores, you will not be able to access any loans. If you are looking for quick financial assistance, you will face very limited choices. It's time to discover how to get a loan when you have bad credit. You can fix your credit score to enjoy its benefits. This involves improving your financial habits and addressing specific issues that may have caused your poor credit score. If you owe a large amount of debt, you can consolidate it and start making repayments to…

01Feb 2022 by goldenmeercat690

Reduce your debt before buying a home

Savings

Reduce your debt before buying a home Whether you're moving home, there's a good chance you'll need outside financing to obtain it. However, as many homebuyers have learned, now is the time to try and reduce your debt before purchasing your home. Here are some ways you can reduce your debt. As well as, increase your cash flow and achieve a low debt-to-income ratio before buying a home. Fix your credit report While you might not put much thought into old information on your credit report, lenders do. Appearances matter on your credit report and multiple addresses can give off the impression that you're financially unstable. Even if a potential borrower doesn't find any errors or discrepancies on their credit report. It's good for them to get in the habit…

01Dec 2019 by goldenmeercat690

Payday vs Short Term Loans

payday loans

Should you go for a short term bank loan or payday loan? Most people go for short term loans because they are easily accessible, fast and convenient. Payday loans are more popular than bank loans, even though they offer a similarly quick and convenient loan option for borrowers. While both types of loans offer quick financial relief, which is the more convenient loan option? Let’s look into the two types of loans. Varying lengths of repayment Payday loans attract a very short repayment window while short term loans usually offer a more convenient term. Payday loans will generally range between a month and three, depending on the specific lender’s terms. Short term loans will offer a period ranging from a number of months to a couple of years, depending on…

01Nov 2019 by goldenmeercat690

The Main Difference Between Investment and Savings

Savings

Investment and savings are usually used interchangeably because of their similar end goal. They are useful tools for financial security in future. The two are however completely different financial actions. Savings will involve laying away part of your disposable income for use in future. This can be carried out at home or through one of many different savings accounts. Savings usually cover unexpected emergencies and large expenses such as college education expenses. On the other hand, investment refers to money that has been committed to a risky opportunity for future appreciation of value or generation of income. The investment will require a capital, cash or savings outlay on an asset that will result in financial growth. Investment can range from jewelry, bonds, stocks, real estate and other similar ventures. Any…

01Oct 2019 by goldenmeercat690

How to Maintain a Good Credit Score

payday loans

The benefits of a good credit score are often under looked. Most people ignore this important number until they are applying for a loan. But did you know that a good credit score can impact your ability to get better terms or access to a mortgage, employment, personal loan, apartment and insurance coverage? Different types of lenders will determine your financial risk and ability to pay back any debt before making their decision. With the number of important financial features tied to it, you will need to maintain a good credit score to improve your financial stability. Tips to Help Improve Your Credit Score Paying your bills on time Most people with a bad credit score and history will likely have unpaid payments to blame. Late bills, credit card and…

01Sep 2019 by goldenmeercat690

Tips to Help you get your Bank Loan Approved

payday loans

Getting a bank loan approved by a lender could take a lot of time and effort. Many people are likely to get their loan applications rejected on account of even the most minor details. With lenders tightening their loan eligibility restrictions even further, it could be more difficult than you think to get a loan. There are so many factors that will go into a lender’s decision to award or reject your loan application. By focusing on a number of key points, you can improve your ability to qualify for a loan. Here are some of the most important steps to get a bank loan approved Understand what you want Many lenders will seek financial aid without looking into their lenders’ terms and conditions. By failing to understand what you…