Big Financial Leaps For Small Enterprises

Forbes 2011 financial report came out with some very interesting news and surprising unheard of companies that really rocked the financial world. Many huge conglomerate companies that we all expect to really be on top of the financial reports were actually reporting slow lending, losses and basically overall poor results. Even with some of the poor and unexpected reports there was some interesting news that surfaced.

The Mexican billionaire Ricardo Salinas is considering bringing his micro-lending business to the United States where he will focus on lending to women. Salinas stated "Because 85 percent of women owned businesses can be considered micro enterprises that a well managed micro financing program would be a great asset. Personal Loans Pro is yet another surprise that hit reports primarily due to its diversity of providing nationwide assistance to people that have bad credit but their Online Personal Loans program is also designed to provide people with the best interest rates found nationwide. Providing nationwide services and instant online application processing definitely provides convenience and outstanding results.

Monday September 22, 2014 Finance No Comments

401(k) Plans 101: A Guide to Saving for Retirement

401(k) Plans 101: A Guide to Saving for Retirement
From tax advantages to company matches, heres everything you should know about 401(k)s.

If your employer offers a 401(k) match, do what you can to meet it. Thats free money for your nest egg.

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Monday, September 22nd, 2014 Saving Money No Comments

Free seminar focuses on saving money and avoiding rip-offs

Consumer advocates are hosting a free seminar to help consumers save money and avoid common marketplace rip-offs.

The program, sponsored by The AARP and the Coalition to Strengthen Social Security and Medicare, will be held at 5:30 pm Tuesday, September 23 at the Holiday Inn and Conference Center at 2000 Loucks Rd. in York.

According to an AARP news release, the seminar will focus on topics such as how to avoid being overcharged at a checkout register, choosing the best home electricity provider and maintaining landline telephone service.

The news release encouraged attendees to bring a copy of a recent electric bill to be reviewed by experts for suggestions on how to lower...

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Sunday, September 21st, 2014 Saving Money No Comments

Michelle Singletary: No easy way to get out of debt

Many people who are deeply in debt are desperate for a quick fix.

They ask the question: What can I do to get out of debt?

But they aren#x2019;t willing to accept the answer I give them, which is that it takes time. And discipline. And sacrifice. It takes cutting your expenses or working more, or both.

They want different answers because they can#x2019;t handle the truth.

So, many people turn to debt-settlement companies that promise salvation. The companies assure a speedier route to financial freedom. And how is this achieved?

The strategy is to persuade people that it#x2019;s in their best financial interest to stop making payments and instead send money...

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Sunday, September 21st, 2014 Debt Settlement No Comments

BSB Bancorp Inc (BLMT) Insider Raises Profile By Over 4000 Shares

Moreover, a $164.94 million market cap corporation,BSB Bancorp Inc (NASDAQ:BLMT) is a holding company of Belmont Savings Bank (Belmont Savings). The Bank’s business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in one-to-four family residential mortgage loans, commercial real estate loans, multi-family real estate loans, home equity lines of credit, indirect automobile loans, commercial business loans, construction loans and investment securities.

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Sunday, September 21st, 2014 Automobile Loans No Comments

Loans in South LA Still a Shell Game … Only Now It’s Cars

ECONOMICS OF POVERTY-While many consider poverty to be a social condition it is primarily an economic condition. The economics of poverty have been ignored for many years. There can be no solution to an economic problem when it is not identified as an economic problem. The failure to understand this economic system that drives the continuous poverty in areas such as South LA are key reasons that solutions are difficult to implement. 

The great recession that occurred in 2008 was a great depression for those in areas such as South LA. While major financial institutions were able to engage in predatory and subprime lending to real estate owners within low-income areas, these practices...

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Sunday, September 21st, 2014 Automobile Loans No Comments

SEC Adopts Regulation AB II Final Rules

On August 27, 2014, the US Securities and Exchange Commission
(SEC) adopted long-awaited revisions to Regulation AB governing the
disclosure, reporting, and offering process for asset-backed
securities (ABS) to enhance transparency, better protect investors,
and facilitate capital formation in the securitization market.

The new rules, among other things, require extensive loan-level
disclosure for certain assets, such as residential and commercial
mortgages, automobile loans and leases, debt securities and
resecuritizations of such assets. The new rules also provide more
time for investors to review and consider a securitization
offering, revise the eligibility...

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Sunday, September 21st, 2014 Automobile Loans No Comments

The Best Of Many Reasons For Energy Efficiency: Saving Money

Weve all heard the many important reasons why saving energy is a good idea, from making our country more independent to helping the worlds climate. But for every homeowner, the most compelling reason to be energy-efficient is that it will save each of us money, often significant amounts.

After all, dont we all have better ways to use our money than to send it off every month to the power company?

Our modern lifestyles use energy in big and small ways. Its easy to avoid wasting that energy, and our utility budgets. While some of these require money up front, they do pay for themselves.

The biggest use of energy in most homes is the heating and cooling system. If yours is more...

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Saturday, September 20th, 2014 Saving Money Comments Off

The USA Act will save taxpayers money

It may be hard to believe, but these seemingly small programs are costing taxpayers billions. By tackling inefficiencies, the bipartisan USA Act will reduce the deficit while also streamlining unnecessarily complex government programs. By simply eliminating duplicative programs and overlap, this long-overdue legislation will make government run more efficiently for taxpayers and save money over the long-run.

The USA Act includes straightforward provisions that take steps to enhance online services, cut down on printing costs and increase the government’s ability to detect fraud, resulting in billions in savings. Each of these provisions are small, non-controversial changes that save...

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Saturday, September 20th, 2014 Money Comments Off

Lending and Investment Advisors Australia to specialise in Business Loans and …

Lending and Investment Advisors Australia to specialise in Business Loans and Commercial Property Loans

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Saturday, September 20th, 2014 Property Loans Comments Off

Rodinia Lithium Announces Shares for Debt Settlement

TORONTO, ONTARIO–(Marketwired – Aug. 26, 2014) –

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION TO THE UNITED STATES

Rodinia Lithium Inc. (Rodinia or the Company) (TSX VENTURE:RM), has entered into a shares for debt settlement agreement with Aberdeen International Inc. (Aberdeen), pursuant to which Rodinia will issue 15,362,811 common shares of Rodinia (the Shares for Debt) at a deemed price of $0.065 per Common Share in full and final satisfaction of $998,582.72 owing to Aberdeen with respect to a credit facility agreement entered into between the parties...

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Saturday, September 20th, 2014 Debt Settlement Comments Off