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Finding Accounting  And Book Keeping Options for your Business

Finding Accounting And Book Keeping Options for your Business

Business, Finance
When you work for yourself, you face many challenges that you really didn't think about. At first, you are caught up in your ability to make your own schedule, work from anywhere that you are, and not having to answer to anyone. Then reality sets in and you realize you are answering to every client's expectation. You have to manage your income in ways that tend to get confusing at times. There are so many things that keep coming up that you aren't prepared for. You just have to remember that you do have help. There are solutions to every problem that you may have. Finding An Accounting Option There are so many accounting options that when you start looking into them you can get so overwhelmed that you want to throw your hands in the air and walk away. What you need to do first i...
How Long Old Debt Fall Off My Credit Report?

How Long Old Debt Fall Off My Credit Report?

Finance
    Debt is a burden that can be hard to get rid of if not paid timely. There are timelines attached to every debt. The same applies to loans taken a long time ago. Unpaid loans do not vanish on their own accord. They need to be paid to continue with a new line of credit. Old debts that haven’t been paid may result in a bad credit score. If you apply for short term Or long term loans, your financial background and account would be checked against a credit score. This score determines whether you have sufficient credibility to repay the short term loans or long- term loans are taken from the borrower. Fortunately, debt collections won’t reflect on your credit report all your life! After a period of 7 years, it would be wiped off from your credit r...
Kyrylo Shevchenko: Home ownership Is a Characteristic Feature of Ukrainian Culture and Mentality

Kyrylo Shevchenko: Home ownership Is a Characteristic Feature of Ukrainian Culture and Mentality

General
Kyrylo Shevchenko, CEO at Ukrgas bank shares his insights in the bank’s transformation into the leading provider of mortgage loans, probability of the real estate market collapse and the odds of apartment loan rates decreasing. Alexander Sukov: Why was Ukrgas bank selected to launch 70/30, the government mortgage program? Kyrylo Shevchenko: First of all, it is quite obvious that a state bank should be chosen to launch the program developed by the State Fund for the Promotion of Youth Construction. Second of all, Ukrgas bank is one of the top mortgage providers. Our mortgage programs offer interest rates that are flexible and affordable for Ukrainians. Lastly, we have the largest number of affiliate programs with property developers put in place. Most importantly, these companies ca...
When Should You Increase Your Available Lines of Credit?

When Should You Increase Your Available Lines of Credit?

Finance
It’s better to have credit and not need it, than to need credit and not have it! For most folks, this is abundantly clear. Everybody should have access to a sufficient line of credit, and manage it well. Sensible advice for sensible folks. But what happens when you find yourself in a bind; either you need credit and you don’t have it, or worse yet – you don’t qualify for credit? These are difficult situations to contend with. Credit availability is one of several factors that goes into calculating your credit score. Leading analysts on this topic routinely advise clients to understand each of the major categories of a credit score, notably: New Credit applications account for 10% of your credit score The Type of Credit you have accounts for 10% of your credit score Your Cred...
Is Running a Rental Business Right for You?

Is Running a Rental Business Right for You?

Real Estate
You’ve been thinking of dipping your toes in the rental business for a while, but the idea of investing in real estate for the first time can be a bit daunting. And if you plan on being the landlord for said property, that can be even more intimidating. Alternatively, this can be a very rewarding gig or side gig—financial and otherwise. So is running a rental business right for you? Do You Enjoy Home Improvement? Sure, you can outsource work on your rental property but, again, keep in mind that’s more cash out the door. If you’re a DIYer and actually enjoy puttering around the yard and making improvements to the house, this could very well be a dream gig for you. And the thing is you need to do these tasks to get what’s called “sweat equity”. As Trent Hamm of The Simple Dollar no...
Applying for Small Business Loans: Application Checklist

Applying for Small Business Loans: Application Checklist

Business
Today the possibilities to apply for small business loans for auto shop business financing are numerous: from state and local economic-development agencies to a number of various non-profit organizations. But regardless of the type of lender you choose for your auto shop business, you still need to be very well prepared for the application process to ensure that you receive the required financing right from the first time. In this article we tried to combine all the basic information about the whole small business loans application process as well as listed the main documents required. Loan Application Form When you apply for small business loans for auto shop business financing, all lenders are likely require you to provide pretty much the same information, however the form itse...