22 May 2013

Money & Finance

Find out everything you need to know about Money & Finance

Archive for April, 2012

A loan that can be secured against your car is known as logbook loans. Most of the companies have lending policies that are distinct. However, there are some general criteria which you have to meet. These are as follows:

  • You should be at least eighteen years of age and some lenders even ask you to be twenty one years old to be eligible.
  • You should be a citizen of the United Kingdom.
  • You should have a legal truck logbook also known as a new V5 document.
  • You should have completely paid off your car loan or towards the end of paying it off. Basically there should not be any other financial agreement on your vehicle.

Thus you can see that the criteria for qualifying for a logbook loan are not very strict. Hence this is an advantage for you. You can also apply for logbook loans if you have poor credit rating. Thus even if you are denied a regular loan, you can easily get a logbook loan. T Read more…

His rules are simple: the biggest scandal wins. Will Jon Corzine take down Jimmy Cayne? Will John Thain pull out an upset over Greg Smith, like Lehigh did over Duke?

Dick Fuld (Lehman Brothers) vs. Jimmy Cayne (Bear Stearns)

In the battle to see who could blow up their firm faster, Jimmy Cayne had a slight edge on the timing, having fortuitously spent as much time as possible out of the office playing bridge and other extracurricular activities. Dick Fuld preferred a more hands-on approach in his firm’s implosion, turning away suitors and masking losses right up to the buzzer.

Winner: Jimmy Cayne.

MF Global vs. the Rogue Trader All-Stars

How does one trump the world’s sneakiest rogue traders operating at firms like SocGen? How about getting the board of directors to allow you to put the entire firm on the line with a half-court Hail Mary of a European sovereign debt trade! Why

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The exchange will create separate departments in Corporate Finance this month in accordance with a directive of the regulator of stock markets to ensure corporate governance and to bring more transparency among listed companies.

The initiative, designed to make concessions of principal regulator, will also help investors obtain financial information or disclosure of the company with greater precision.

Activities in the departments that will begin next month, as Dhaka and Chittagong stock exchanges have agreed to follow the advice of the Securities and Exchange Commission.

The controller and two bags of yesterday, sitting in a meeting, chaired by ESA Khairul Hossain M, where the bags have decided to create corporate finance departments.

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My job is requiring me to move to a new town. So, my wife and I are faced with what seems to recently be the newest typical American family dilemma. What should we do with the home that we bought almost four years ago? While it can be hard to figure out whether to buy or rent a home in the first place, homeowners can face a similar struggle when it is time to move.

Should you sell your house and possibly take a loss? Or, should you consider becoming a landlord, with all of the potential dangers that also entails? There is not always an easy, cut-and-dried answer to this question. Here are a few things to consider whether to sell or rent out your home.

I happen to live in an area of the country that hasnt suffered as much as other regions during the housing crisis. While new mortgages may be hard to come by and builders have drastically slowed their new home construction projects, home values in my area of the southeast have remained flat.

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Not everyone suffers when the economy takes a turn for the worse. In Britain, the payday lending industry benefitted greatly from the financial crisis that began four years ago.

Payday loans are short-term financing for small amounts of money that carry a high rate of interest. When banks say no, more Brits are turning to this financing to pay bills and fund holidays.

Payday loans are usually for less than £1,000 and feature a term no longer than one month. With these loans, APR can be a very scary figure.

It is quite large, sometimes reaching 4,000 percent or more, because this financing is not intended to last for a few months, let alone a year.

Wonga reports a typical loans APR of 4,214 percent. Rivals include QuickQuid, The Money Shop, Payday UK, and Quicksilver, each of which also offers rates much higher than loans bank provided.

When the traditional consumer credit market contracted, payday lenders stepped into the vacancy.

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Lottery fever has gripped the country as the multi-state Mega Millions drawing reached $540 million, a new record.  Fantasizing about $500 million is fun regardless of whether or not you win. In the spirit of the lottery, we’ve prepared a list of things you can blow your winnings on.

A new car is one of the first things that usually comes to mind when thinking about lottery winnings. While an extravagant house might be too much to contemplate, stepping up in the automotive world is easier to imagine. The good news is that you can now afford to buy one of each of the world’s ten most expensive cars and have a little over $524 million leftover. That’s plenty of money to build an upscale garage on your own private island. Plus you can drive a different car to work every day for two weeks assuming you still want to clock in after you become a multi-millionaire. The world’s most expensive sports car, the Bugatti Veyron Super Sports? A drop in

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