Why Invest In Lifestyle Loans

“All life is an experiment. The more experiments you make the better.”

-Ralph Waldo Emerson

 

What is a Lifestyle Loan?

A lifestyle loan (often referred as personal loan in the Philippines) is for each individual who wish to improve their lifestyle and be well taken care of. It covers the unpredictable medical expenses when accidents happen; when you and your partner decide to adopt a child or renovate your old house to make it look and feel new, the lifestyle loan got you covered through whatever you want to do in life. They cover the major expenses you make, by lending you the exact amount of money you might need.

 

Why Invest In A Lifestyle Loan?

Resilience – With life’s unexpected happenings, going in and out to the hospital or redecorating the old house or accepting an opportunity knowing there won’t be anything like it can be possible, and most of these require a huge amount of money. When you take the risk, it has its consequences, so better be ready for all them by investing in lifestyle loans. It helps you ease your mind of all the problems attached when you decide to go for a different and challenging path, you’ll be able to face them with your head held up high and a smile on your face.

Worry-Free Life – With the advancement of technology people now have the ability to build extraordinary pools or adventure park that we all can enjoy, but what comes with these are accidents that are out of our reach. This is where the lifestyle loan comes in handy, it helps you live that YOLO (you only live once) life you’ve been wanting to try to feel the thrill and adrenaline. You won’t ever have to worry about the bills and money to pay for it since the lifestyle loan got you covered.

Make Your Dreams Into A Reality – Traveling and discovering places you’ve always wanted to explore can be exciting but admit it, at the back of your mind you worry about the money you spent for the trip and how are you going to make up for it. When you invest in a lifestyle or any loan online, you can go and enjoy traveling the places you saved up for without worrying about the expenses you’ll surely make use of. Lending money without interest sure is the key to making your dreams come true. Give the whole world a tour and worry later.

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What You Need To Know About Starting A Fashion Business

“Fashion is in the sky, in the street, fashion has to do with ideas, the way we live, what is happening.”

-Coco Chanel

Fashion began when people stepped out of the box and decided to let their creativity work its way through clothes and accessories. Now, fashion is a world wide trend and people have to keep up with it. From fashion designers to celebrities who both made a huge impact in the fashion world and now, fashion businesses are sprouting out of nowhere with no warning yet we still enjoy shopping on one when see it. But did you know that starting up a fashion business can be as hard as running a high class restaurant? So if you ever thought of owning one, here are some ideas to help you have your own name in the fashion business:

 

Ask Yourself Why – Why would you want to start a fashion business? Will it benefit the many or is it just for your own sake? Will your target audience like the designs? The Fabric or cloth? Will you succeed? These are the basic questions you should ask yourself when you want to start up a fashion business and compete with high end fashion lines. Recognize your weaknesses and strengths, don’t neglect your flaws.

 

Keep An Open Mind – When starting up a fashion business, you should be open to ideas that some may seem odd and out of this world. Fashion is all about creativity, so make use of that creative mindset when you start up a fashion business and be open for more ideas that you know will definitely help improve your plans.

 

Start Investing In Fashion Business Loans – Unlike any other loans, investing in fashion business loans requires a huge amount money to be borrowed. You can start small and it will gradually be a huge success. The fashion business loan will help you financially in your business which takes up half of the problem so you can finally breathe and think clear.

Do Thorough Research – you must know what your target audience wants and need when it comes to fashion, you should know what is trending and how you can redesign it in a manner you can call it your own. We all have our preference when it comes to the clothes we wear, make sure you cater every fashion problem your target audience need, that way you are not only helping them but now you are also making connections.

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Things To Consider Before Committing To A Rural Lifestyle Property Loan

Tall buildings, heavy traffic, and noise everywhere — this is the life in the city. It’s busy and beautiful at the same time, but sometimes it gets overwhelming. There are just those days when we want to escape and get away from everything we get to see every day and take a breath of fresh air and a lovely view. Have you ever wished you had a home away from home?

 

Time to jump with joy because it’s actually possible! There’s this thing called a rural lifestyle property loan, and surely it’s something you’ll want to consider. If you want to own a farm whether for lifestyle or business purposes, why not make it happen right?

So basically, when you go to a rural area, it’s a vast space of peace & quiet. It’s all blue & green thanks to the sky and the grass plants everywhere. It’s the escape we’ve been yearning for. When thinking of a rural property to get your hands on, you should consider first and foremost the size and the quality of the area. Banks have certain terms & conditions when it comes to acreage loans whether it shall be used for recreational & lifestyle purposes or business & commercial purposes. The amount you will be allowed to borrow and the interest rates depend on the size and quality of the property. So to make the most out of this long-term commitment, here are a few tips on how to choose a good acreage before going into that rural lifestyle property loan.

 

First, you have to figure out what you want to do with the land. Will you be growing food and crops or will you use the property for recreational activities such as camping or horseback riding?

 

On the agriculture side, the number one on the to-do list should be to get a soil test to ensure the land is fertile enough to support your vegetable and fruit crops. As someone getting into growing food, health hazards should be a priority. Educate yourself first on all the environmental issues and health policies related to this agriculture lifestyle.

 

Soil contamination is one of the most common things you should look out for, and then you also have to consider the land’s distance to oil, gas, mining operations, and some other industries that might involve some contact with soil. These activities or commercial businesses may affect the land and your agriculture plan, so at least you have an idea and think of something you can do about it.

 

In farming, you also have to keep in mind that you have the licenses you need to own to raise livestock and whether the property meets the legal requirements. There are a lot of things to consider so you should know all of these and think about it thoroughly before firmly deciding to go for that loan. This is a really great plan no doubt but before you go into battle, you have to prepare your weapons first. In this case, your weapons are your awareness, commitment, and money.

 

As for recreational purposes, you’d also want to get a soil test as well. It’s also a good idea to check if the land has a near and easy access to ponds and lakes with uncontaminated water, a working dam or any water system.

 

Check all structures within the land are in good working condition before buying. Structures include a house, fences, stables, wells, lamp posts, etc. You wouldn’t want to find out that things still need to be fixed right after signing the papers, would you?

In general, whether for agriculture or recreation, you should be aware of rural residential zoning and whether the land is in good condition and not a potential hazard in any way as this will affect your plans in the area, as well as the people within the vicinity. Yes, there’s a long list of things to consider and to process when looking for a rural property you could buy & loan. This is because owning a land and applying a loan for it is a big responsibility and commitment that you should stick with. Just motivate yourself and remind yourself of the long-term goal you’re trying to achieve and that will keep you going. Best of luck to you!

 

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Loans ala Demode: Old-Fashioned Loans to know

The process of lending a certain monetary amount to the debtor has already been present even during the ancient times and today it is now called as Loan. In result to the never-ending wants and demands of the majority, there has been different types of loan that evolved in today’s current time; and before anything else, we have to know the traditional lending scheme that our ancestors applied previously in chronological sense. Since, they say that,

Ignorance will never be a reason for not being able to knowing anything”.

 

Ancient Rome

The formal lending we have known today originated from the Ancient Rome. During those times the pawnbrokers or the private individual who initiates and transacs banking to other people, they practice similar process of lending money that we have todaythe Payday Loans. Mostly, their targets are the farmers, because they only have big amount of money during the harvesting season; they have loads of rice crops so they will exchange it with money in return. Further, they’ll use a secure lending that uses different negotiable items as the collateral to stabilize the risk.

Dark or Middle Ages

This has been one of the crucial days of the loan’s age, because Christians has been forbidden to lend money with interest; while the Jews were only allowed to do loan business with interest to non-Jews. This was the period that the word bank or bancas has immersed. Any retired lender would traditionally smash his bench thus creating the word bankrupt for a banking term.

1880’s

This was the year that paves way for a new lending scheme to give an opportunity to the low income Americans that is meant to be increasingly equitable and accessibility. On the year 1816 month of December, Philadelphia Savings Fund Society was the first company to open their doors in saving and loan union to give every social class of American to have a place to keep their money.

Halfway of 20th Century

On this point, there has been a major shift in terms of how Singapore licensed money lenders will be able to identify reasonable and reliable borrowers. Further, they focused on the financial data as their mainstream model and this came to an idea to open the two digital lending:

  1. Online lending
  2. Alternative Digital Online Lending
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The Pros & Cons of Mortgage

MORTGAGE (n.) – a legal agreement wherein the bank or another creditor lends money while holding a debtor’s property accountable. This means that failure to pay within the agreed terms & conditions will compel the bank to sell the debtor’s property to cover the debt. This kind of loan agreement is a good settlement on the side bank because they wouldn’t have to worry about not  being repaid. However, on the side of the debtor, is it more of a good settlement as well or bad? Let’s find out.

 

PROS

The idea of a mortgage is risking a property of yours to be sold against your will. Any bank or creditor will agree to lend you money given the terms & conditions, however to be sure, they would require you to give them a property of yours they can hold on to just in case things go wrong and you cannot pay back.

 

Having that said, it is the reason why you have the option to pay in installments within a certain number of years.This way, you would have an ample amount of time to full pay the debt and you can pay in small amounts. So if you pay religiously, this leads to another good chain reaction. Paying on time and in complete amounts will put your name on the good people category for keeping a good credit score. Having a good credit score will give you a good image of being a responsible debtor and so the next time you loan, you might be offered lower rates and much better benefits.

 

CONS

The number one downside of any kind of loan is that you’re actually paying more than you borrowed. While it makes sense why we have to pay a little bit more, some banks and creditors have very high interests and even have underlying fees. Before finally signing contracts and agreeing to such terms and conditions, make sure you have asked everything you needed to ask so you are aware of what kind of agreement you’re getting yourself into, and so that you know what exactly you are paying for. On top of that, we must all know that property values changer over time. When this happens, these can affect the interest rates you are paying. It’s pretty unpredictable when it comes to properties and how much they affect you so it’s best to be prepared for it all.

 

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To sum it all up, just be a responsible debtor and no karma will haunt you down and bite you in the butt. It’s all about agreement and honor on both sides of the party. Work hard, pay on time, stay aware, and all will be well. Best of luck to you!

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