Rationalising the Stigma of Bankruptcy Part 1

In the first of a series of articles, Stephen Morgan is trying to fight often incorrectly lending criteria that modern day financial institutions use to help fuel its expansion and financial growth, but at what expense?
Hardly a month, how to move, when the media mobile & 39; t reporting some cases of suicide or attempted suicide some individual who has taken the unfortunate decision that death seems preferable to having to deal with gradually accumulating debts .
Now perhaps only in that I (I hope I do not), but there is something repugnant in a society that allows, for example, someone choose death rather than accept the unfortunate situation they find themselves in.
In last story , the case involves a young man who got recipient threats debt collection agencies calling on behalf of the high street bank in the United Kingdom, which, frankly should have known better.
The amount was equal to approximately 1500 (2200) and the creditor is likely to re-examine his case, and decided that enough was enough and will call on the amount in the account must be settled.
ENOUGH was ENOUGH!
The world went mad! I now l know that all debts have to be paid, and I fully accept that otherwise we risk the entire western economy, and in general the principle of a free market economy and capitalism " going down the spout & quot; if they are not met, but sometimes a little dose of reality to conclude equation.
Let me to expand this notion. I love my nephew, I think that he is great, and to take up arms against those who think differently. However, I would not entertain the idea of him being the financial responsibility to take the lead in a Western economy, in the Central Banks.
I will give him 20 3500, plus unsecured credit card no way!
That but it is not considered a view of one of the United Kingdom leading High Street banks, which passed the gaily banking institutions, as well as credit cards to students who have all performance alcoholic who has just been handed the key to the brewery!
God know how they managed it is a credit score. I know the facts, and I am sure that I am able to evidence that the bank does so, but it beg the question to some of today& 39;s bank employees?
Should their mothers, even in the morning unattended?
The sad result is that they are obviously buying in the market. On the stock reply is that a certain percentage of students going on to become captains of industry " & quot;, and will earn a bank opportunistic in the way of wealth - those who have their money in the early days " will always be rewarded & ; quot; etc., but what about those who do not become " future captains of industry & quot;? they become collateral damage " today& 39;s Financial War of Attrition & quot;?
Does growing trend of bankruptcies among " twenty-something similar & quot; after student places not to tell them something?
Isn & 39; t it about time that someone is trying to tell them that little fiscal prudence at an early stage, can actually help them to make more substantial gains and moral later?
" Hello there is who? & Quot; Stephen Morgan is the editor-services.ws http://www.debt- consolidation and http://www.livingwithhighbloodpressure.net. Also at http://www.debt-consolidation-services.ws/features/rationalising the stigma of bankruptcy.html dollie tamica



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A Budget Doesn t Limit You, It Gives You Freedom

A Budget Doesn t Limit You, It Gives You Freedom Copyright 2005, http://www.yourfreecreditreportnow.com Author: James H. Dimmitt
Mention the b word, as in BUDGET, to a friend and they ll look at you like you have a third eye growing from the middle of your forehead. For most people the word budget too often carries negative meanings such as limits, restrictions, living on an allowance, giving things up, no shopping, no fun.
Unfortunately, the point they re missing is that a budget doesn t limit you but instead gives you freedom. That s right - FREEDOM. The words budget and freedom are not mutually exclusive, once you understand what a budget can do for you.
Having and using a budget will give you direction. Your budget is your personal map of how you re going to move financially from point A to point B and so on. Would you like to pay off your credit card debt? Buy a new house or car? Save for retirement? If you answered yes to any of these questions, then let me ask you one more - how are you going to do it? What s your plan?
Let s take a look at paying off your credit card debt. You ve decided to lower your debt by adding an extra $20 to your monthly payments. Great idea - as long as you can afford it and you stop using your credit cards. However, you won t know if you have the extra $20 if you don t know what your monthly expenses are from the start. With a budget you may find that you can actually afford more and pay off your debts faster. You ll have the freedom to use your money more wisely and achieve your goal.
What about buying a new house or car? If you don t have a budget, you won t know how much you can pay for a house or a car payment. Make that mistake and you ll get a visit from the repo man or you ll find yourself in foreclosure. Your budget gives you the freedom to make an informed decision.
How about saving for retirement? Unfortunately most of us don t consider retirement savings until we re into our forties or even fifties. Imagine if only we d been smarter, had a budget, and started contributing toward our retirement when we were 10, 20, or 30 years younger?
Having a budget doesn t limit you. It gives you the freedom to make informed financial decisions, allows you to use your money more wisely, and achieve your financial goals more quickly and easily.
************************************************************ 2005, http://www.yourfreecreditreportnow.com Author: James H. Dimmitt James is editor of "TO YOUR CREDIT", a free weekly newsletter with tips to help you manage your personal finances. Subscribe today and receive his e-book IDENTITY THEFT- How To Avoid Becoming the Next Victim! and other bonuses by visiting http://www.yourfreecreditreportnow.com mac karole



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Cheaper Finance Ensured Through Low Cost Commercial Equity Loans

Availing finance at lower possible interest rate is every borrower s cherished dream. Cheaper loan depends on lot of factors even if the loan is taken against a property. But in case borrowers opt for low cost commercial equity loans, the interest rate remains way below then other secured loans. Borrowers can put low cost commercial equity loans to numerous usages like renovation works on home or other projects, paying for expenses or paying debts.
Low cost commercial equity loans are a form of secured loans. A borrower has to give the lender security about the loan and places any of his commercial property as collateral with the lender.
Before offering the loan the lender would like to evaluate equity in the property put as the collateral. Equity is the difference of current value of the property and the borrower s debts. The maximum amount of loan that lenders would like to offer would be equal to the equity. Therefore in case the borrowers are in need of greater loan then they should offer property with greater equity as collateral.
Low cost commercial equity loans are low cost because interest rate remains way lower then other secured forms loans. Main reason for this is that the loan amount is always restricted to the amount of equity. In other words borrowers can not take larger loan than the equity. Thus limited amount of loan keeps the risk away from the lender in offering the loan. Hence, lenders readily offer the loans at lower interest rate. One can repay low cost commercial equity loans in 15 to 30 years. But one should take note of the fact that a larger repayment term enables the borrower to take the loan at lower interest rate than shorter duration.
If you have a good credit score of 620 or above then getting low cost commercial equity loans becomes easier as the lenders feel more secured in offering loan. In case of a below the mark credit score the borrowers should make improvements in the credit report so that credit score goes up.
Another way to low cost commercial equity loans is searching for the right loan package online. You will get numerous offers from as many lenders with different interest rates and can choose the lower one.
Make efforts to pay loan installments regularly. Take the loan in accordance to your financial capacity so that the debt burden does not increase. Make sure that you compare different loan packages in order to avail the loan at lower possible interest rate.
Tim Kelly is an expert in finance having completed his LLM in Finance (Master of Laws in Finance) from Institute for Law and Finance at Frankfurt University. To Find Business Commercial Secured loans, Bad Credit Commercial loans, Commercial Equity loans visit http://www.commercialsecuredloan.co.uk



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What Employees Really Want

A major problem for business owners and employers today is getting the best employees and then keeping them. Sounds easy, but any employer will tell you that these activities take up the most time and have the biggest impact on business results. So how do you go about retaining the good people once you ve found them?
Understanding what your employees want from a workplace sounds like a logical place to start. After all, if you know what your employees are after, you simply need to provide it and all will be well. This is a great theory, but research shows that employers are not that successful at identifying what their employees actually want. In fact there is a significant disconnect between the things that employees say are important to them, and how highly employers rank those same things.
This survey first came out in 1946 in Foreman Facts, from the Labor Relations Institute of NY and was produced again by Lawrence Lindahl in Personnel magazine, in 1949. This study has since been replicated with similar results by Ken Kovach (1980); Valerie Wilson, Achievers International (1988); Bob Nelson, Blanchard Training & Development (1991); and Sheryl & Don Grimme, GHR Training Solutions (1997-2001).
When asked to rank a list of ten criteria, the employees and managers/owners ranked them very differently:
What Employees Want 1 Full appreciation for work done 2 Feeling part of things 3 Sympathetic help on personal issues 4 Job Security 5 Good wages 6 Interesting work 7 Promotion/growth opportunities 8 Personal loyalty to workers 9 Good working conditions 10 Tactful discipline
What Managers Think Their Employees Want Good wages Job Security Promotion/growth opportunities Good working conditions Interesting work Personal loyalty to workers Tactful discipline Full appreciation for work done Sympathetic help with personal issues Feeling part of things
What does this mean if you are an employer or a manager in business today?
Frequent pats on the back will go a long way towards making your employees more satisfied at work. Happily, it s not always about the money.
WHAT EMPLOYEES SAY THEY WANT (in order) 1. Full appreciation for work done 2. Feeling part of things 3. Sympathetic help on personal issues 4. Job security 5. Good wages 6. Interesting work 7. Promotion/growth opportunities 8. Personal loyalty to workers 9. Good working conditions 10. Tactful discipline
WHAT MANAGERS THINK EMPLOYEES WANT (in order) 1. Good wages 2. Job security 3. Promotion/growth opportunities 4. Good working conditions 5. Interesting work 6. Personal loyalty to workers 7. Tactful discipline 8. Full appreciation for work done 9. Sympathetic help on personal issues 10. Feeling part of things
Megan Tough is director of complete potential, a leadership and HR consultancy based in Sydney, Australia.
At complete potential we understand people - what engages them, what encourages them to perform, and what drives them away. With over 20 years experience working on HR issues in business, our job is to help you make the most of your investment in people. To learn more visit www.completepotential.com
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