Month: December 2018

Bad Credit Loans For Nurses – An Answer To Your Fiscal Worries

Posted on by blogger

Monetary demands are ever increasing. Therefore, in particular for nurses who face a problem of availing advances because of their poor financial status there is a solution in the form of bad credit loans for nurses. These finances help nurses to satisfy their requirements without any difficulties. Hence, they prove to be an answer to all fiscal worries for nurses.

The amount that can be acquired through this form of credit extends from 200 to 25,000. This range is sufficient since it corresponds to the cost of demands including the purchase of a car or the renovation of a house. At the same time, the applicant must keep in mind that this amount is repaid within 1 to 10 years.

The applicant also benefits as these advances are available in the secured as well as the unsecured form. Thus, the borrower gets the opportunity to make an appeal through anyone of these formats. According to secured advances, the applicant can draw a large amount as compared to unsecured advances due to the pledging of collateral. On the other hand, the applicant is entitled to pay a high interest rate on unsecured loans.

The lender puts forth an eligibility criterion which is to be followed. He must be a UK citizen to apply for this form of cash. At the same time, he must attain 18 years of age or more. He is also required to maintain an active bank account and must work on the basis of a monthly income.

There is an advantage for the applicant to sit in one place and register his application with an online lender without getting out of the house. Therefore, this method of application for a loan is very beneficial as it provides all facilities to the borrower without any processing fees. Thus, it is significant due to its easy availability.

Tips For Partial Drawings In Letter Of Credit Transactions

Posted on by blogger

Article 31 UCP 600 permits the beneficiary to partially ship and draw on the letter of credit. As pleasant as this provision
is for the beneficiary, the applicant runs the risk that he does not receive all the goods/services/performance he ordered. Rather, the beneficiary is permitted to
ship only a portion of the agreed upon goods at the “last minute” before expiration of the LC
and still be able to draw under the LC. In case the Applicant wants to protect himself against “last minute” shipments, he should open the LC in such a way, that he either prohibits partial shipments or at least sets deadlines for partial shipments.

Not every shipment in several parts is considered a partial shipment. If the Beneficiary has several containers on the same ship, these several containers are not deemed to be partial shipments.
Article 31 b provides that a presentation of documents consisting of more than one set of transport documents evidencing shipment commencing on the same means of conveyance and for the same journey, provided they indicated the same destination will not be considered as covering a partial shipment. The fact that the shipping documents indicate different dates of shipment or different ports of loading, places of taking in charge or dispatch does not make these documents be acceptable as partial shipments.

The date of shipment is determined according to the latest date of shipment as shown on the presented shipping documents.

“Means of Conveyance” is the critical requirement that determines whether the beneficiary can partially
ship and draw on the letter of credit. If the same “means of conveyance” is used, no partial shipment
exists.

A Beneficiary presenting bills of lading from two different ships but only one set of
packing list, certificate of origin and invoice can – according to the International Chamber of Commerce- avail himself of the credit even though he did not present a complete set of documents for each partial shipment. The ICC thus:”Provided that the information contained in the documents (as a whole) met the terms of the credit, there is no justification for rejection.”

When using several trucks and issuing a waybill for each truck the ICC believes that each truck is a separate means of conveyance:”The term ‘means of conveyance’ has the meaning of single vehicle.”

However when using the railway, the ICC believes:” Transport documents, which evidence that the wagins were attached to the same train for the same hourney would not constitute a partial shipment,
as they are part of the same means of conveyance.” (see ICC Publication No. 632, R 477).

As always, when the law gets complicated, the parties to the transaction should specify in the contract what they want. For partial shipments, applicant and beneficiary should spell out, whether they want to allow partial shipments, what the deadlines are, and what constitutes partial shipment.

Smart Ways To Use A Credit Card

Posted on by blogger

Aren’t you sick and tired of hearing how “bad” credit cards are and that we should all just cut them up and start living on cash again. Although this sounds nice in some ways, the reality is that we live in a consumer society and credit cards have become a major part of life. The problem is when people don’t know how to use credit cards. Credit card debt is no joke and it can suck you in like quick sand. You can blame credit card companies all you want but in the end its your responsibility to be smart with your money and your cards.

Credit cards do have a positive role to play in personal finance. If you are smart with it, it can help you better manage and spend your money and it can give you the financial leverage when you need it most. Here are 3 smart uses for credit.

1. Emergencies

I do not recommend or encourage anyone to live on credit. its a recipe for disaster. Instead, the best way to use your credit cards is to use it as backup. We all have financial disasters that usually hit at the most inconvenient times. If you don’t have life savings to fall back on then it can really hit you hard. Having a card as a backup can really be a lifesaver and at a fee of about $50 a year, it’s well worth the security that it provides in case you need it.

2. Controlling Your Spending

One of the reasons why so many people fall deeper and deeper into debt is because they get caught with their pants down – so to speak. They spend and spend and then fail to make the minimum payments. When interest starts kicking in, its usually already too late and you start sinking. The smart way to use your card however is to pay it off in full every month. Its a great way to control your spending and to now exactly how much you are spending on what. It works really well if you dedicate specific expenses to a specific card – like your groceries. However, the secret is to pay it off in full every month.

3. Large Purchases

One of the reasons why businesses like to use credit cards is because it allows you to conveniently make large purchases – even on the internet. We can all get cards with relatively high credit limits and if you have to make large purchases for say a building project or if you buy a lot of stuff online, then its ideal. Once again, the secret is to clear this debt each and every month. On large purchases, the interest can be just as large so make sure you wipe the slate clean every month.

The CLEP Exam–It’s The Easy Way To Earn College Credit

Posted on by blogger

A CLEP exam, written by the College Board and administered by your home college, offers you the opportunity to earn college credit by taking a CLEP test. In ninety minutes, by taking a CLEP test you can earn the same amount of credit that you would by sitting in an introductory class that takes anywhere from three months to a year to complete.

You will first need to take a look at your degree program to ensure that any CLEP exams you wish to take will help to fulfill your degree requirements. Assuming that they will, you will simply need to sign up for the next CLEP testing date offered by your college and pay the testing fee.

After you have signed up for your exam, the next step is to study for the CLEP. There are several CLEP study guides available; all of them are useful in order to prepare adequately in order to pass the CLEP exam.

Most of the CLEP exams are written in multiple choice format. You will want to use CLEP exam study aids that offer practice questions in this format, so you can get used to it before test day.

Full practice exams are available, and the beauty of these is that you can work on them and time them. This is important, because the real exam is timed, and you will want to try out any testing strategies for timed tests well in advance of having to perform them in a test setting.

If you are very familiar with the subject matter of the test, a quick review may be all you need in order to prepare. There are online flash cards available that offer you practice questions, and then after you answer, provide the correct answers immediately, so that you can see in an instant the right answers and can more easily commit them to memory.

Before the CLEP testing day, it makes sense to get a good night’s sleep, and to eat a good breakfast with some protein in it the morning of the test. CLEP testing is stressful enough without a sugary haze clouding your memory. Avoiding excess caffeine, whether in the form of coffee, tea or carbonated beverages, is also a wise move. You do not want to be bouncing off the walls when instead you need to focus on the test.

You may want to wear a watch that has a stop watch feature, so that as the CLEP exam begins you can start your watch and keep track of how much time you have left. In this way, you should be able to answer all of the questions in the time allowed, and do great on your exam.

About the Author : Susan Slobac counsels students preparing for CLEP exams and writes extensively regarding CLEP testing.

Exploring Some Interesting Points About Secured Loan Bad Credit

Posted on by blogger

When you have a bad credit history and you find yourself faced with the situation where you need money, what do you do? Most of the lenders are not going to entertain you. However, there is one type of option that may be available – the bad credit secured loan. This is an option that is available when all else fails and it can help you to raise funds in order to meet a financial emergency. Find out how you can get fast access to cash through a secured loan bad credit.

A bad credit secured loan is designed specifically for individuals who dont have a good credit history, but are in a difficult situation finding a financial solution. The interesting thing is that this type of finance is processed and approved in a very short space of time so that you can meet your requirements. The payment terms can range from the smallest possible period to as much as 25 years.

The unique thing about a secured loan bad credit is that it is secured. Therefore, the lender is able to offer you any amount of money that matches with the value of the asset that you are ready to put at risk. The assets that you can put as collateral can include your car, electronic gadgets, jewelry or even real estate. As the risk decreases for the lender, they are able to offer a greater amount of money at a lower rate of interest.

Another important feature of a bad credit secured loan is that the lender is unlikely to check your credit history. It doesnt matter whether you have poor credit or not. It is because of credit checking that regular types of finances take so much time to process. For example, if you visit a bank for finance, you can expect to wait a week or sometimes even a couple of week for them to process the application. These secured finances mean that the application is processed as fast as possible so as to provide you with the required money.

With the secured loan bad credit being readily available, all you have to do is find a reputable lender. You can find a good lender by searching online and visiting the respective website. They will provide you with an online form, where you will be expected to provide a few basic details including your income. The lender will then contact you.

Copyright © 2024 Credit POC . All rights reserved. |