Archive for January, 2010
Is there small business financing available that will not effect you personally if your biz if it goes under?
January 26th, 2010 | 
Author: I want to open an ice cream shop in my area but I do not want to put my house up for collateral in a loan or if the business goes bankrupt for the lender to be able to come after my personal assetts. Is there financing available? Or anyone know of grants to open a shop.
Slim to none.
What is the type of insurance that covers bodily injury and property damage to others?
1: What is the type of insurance that covers bodily injury and property damage to others?
liability
uninsured motorist
comprehensive
collision
2: What is the type of insurance that covers you when you are injured by a hit and run driver?
liability
uninsured motorist
comprehensive
collision
3: Insurance is based on the concept of ________ and __________
profit and loss
risk and loss
risk and return
profit and cars
4: Which type of insurance is usually required if you finance your car purchase?
Medical Payment Insurance
Towing Insurance
Rental insurance
Collision and Comprehensive Insurance
5: Which of the following is not a way that a teenager can save money on insurance?
Getting on his or her parents’ policy
Getting good grades
Driving penalties
Driver experience
6: Accidents that must be reported are ?
those that caused minor damage or harm
those that have been fatal
all accidents.
I didn’t study for this test (haha)
1-Liability
2-Uninsured motorist if you were a pedestrian
Collision if it’s a hit&run in your car
3-Risk & Loss
4-Comp & Collision
5-Driving penalties
6-All of them
I’m being sued, I have the money to pay off a credit card debt, who should I make the payment to?
A relative is going to loan me the money I need to pay off my credit debt. I’m suppose to file my appearance in court on Tues.
Should I call and make arrangements to send the payment in to the credit card company or the collection agency?
Do you think they will dismiss the lawsuit?
You have to make the payment agreement with the one that is suing you.
You should offer a percentage of the debt. You should stipulate in the agreement – if they agree to take a percentage, after payment, they will agree that the debt is paid and no longer collectable.
Be sure to have the agreement in writing!!!
Be sure that when you come to an agreement and when you pay that both the agreement and the payment is filed in the case file !!!
How to pay off credit cards enrolled in a debt management program?
I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?
The Credit Counseling company will probably get you a better price in the long run because they will negotiate a lower rate than you can. But, you are being charged a very large amount of compounded interest on every dollar that you owe them for every Month that the amount is owed. Let Mom and Dad help IF the interest rate and terms are better than you are currently paying the credit card companies. And, if you can afford to pay all of your bills iccluding that payment. Remember that the credit counselor is making money on you, they will not always counsel you to your advantage.
How to Finance Your Start-Up Business
Video from our FREE Online Business Course
http://www.myownbusiness.org
Session 9 How to Finance Your Business
Question:
“Raising start-up money is one of the great hurdles in starting a business. Would you have any recommendations or some basic do’s and don’ts as to how people should go about this great challenge?”
Rod Banks
Executive Vice President, City National Bank
Topics covered in this video:
Starting a business, financing, loans, writing a business plan
Transcript:
First off, before you begin to think about getting your start-up money together, you need to have a business plan. And once you put the business plan together it will help you to determine how much money you need to start your business. Once you determine the amount, then you’ve got to decide: where is the best place to get it? In today’s world it is very difficult to go to a commercial bank–the typical bank you see on the street– for a start-up business type of loan.
A lot of first time entrepreneurs will start off by using their own personal savings or look to a friend or a relative to see if they can get a friendly partner in with them. Some people will look at putting a lien to some degree on their home. Because of the credit card boom, a lot of people today will take credit card solicitations that come out. And it’s perfectly okay to take one of these low interest rate credit card offers if you manage it in a very responsible manner.
Duration : 0:1:23
Posted in business financing | 
Tags: bank, business, collateral, financing, funding, investment, lender, loan, plan, secured, Start, starting, unsecured, write | 
2 Comments »
Auto Insurance
Luke’s real life auto insurance quote came back at 303 dollars a month. Luke got pissed… and put his new webcam to use.
(Like all of our stuff, it’s scripted.)
Duration : 0:2:51
Posted in insurance |
Tags: auto, barats, baratsandbereta, baratsandbereta.com, bereta, cam, graduation, insurance, web |
25 Comments »
The Difference between Debt Settlement and Debt Management
As Americans struggle to manage their finances through the economic downturn, many are turning to the debt servicing industry for assistance. Unfortunately, the public routinely confuses the types of services provided by debt settlement and debt management agencies, which differ significantly.
Duration : 0:4:47
Posted in debt management |
Tags: counseling, credit, debt, Fox, management, settlement, Thomas, thomfox.com |
No Comments »
How to get out of debt in 12 months or less – part 2
http://www.thegreatdebtdeception.com/
Part 2 Clear your unsecured loans / bad credit in 12 months or less, even if you can’t make the payment. discover the secret to debt freedom, without going bankrupt, IVA, debt consolidation or management.
Duration : 0:9:10
Posted in freedom debt management |
Tags: bankruptcy, book, cash, credit, debt, debt free, debt management, debt write-off, free, get out of debt, IVA |
9 Comments »
How to pay off credit cards enrolled in a debt management program?
I have been in a debt management program with a local credit counseling service for about 8 months. My parents have offered to co-sign a loan so I can pay off the cards. The loan with the bank is a lower interest rate than the cards and will pay them off faster with a lower payment each month. Should I pay the cards directly or go through the credit counseling service? Which is better for my credit score?
The Credit Counseling company will probably get you a better price in the long run because they will negotiate a lower rate than you can. But, you are being charged a very large amount of compounded interest on every dollar that you owe them for every Month that the amount is owed. Let Mom and Dad help IF the interest rate and terms are better than you are currently paying the credit card companies. And, if you can afford to pay all of your bills iccluding that payment. Remember that the credit counselor is making money on you, they will not always counsel you to your advantage.