Finance - Recent Questions, Troubleshooting & Support


Credit cards work on "credit"
meaning that the card company trusts that you are good for the money and you
pay a bill at the end of the month. Debt
cards are similar to credit cards in the way that you can pay for things
without cash. However, when a charge
goes through on a debit card it is taken immediately and directly out of your
bank account. Many people prefer this
method because it prevents you from going into credit card debt.

Finance | Answered 2 days ago


good debt refers to what you borrow the money for !

for example borrowing $50 k to by a car that will devalue over time is bad debt.

borrowing $50k for an asset that goes up in value over time or retains its value is a good debt. Over time the debt reduces if you pay off the principal while the asset goes up in value.

see
https://www.investopedia.com/articles/pf/12/good-debt-bad-debt.asp

Finance | Answered on May 21, 2020

Tip

The difference between Term Life Insurance and Whole Life insurance


The main difference between Term Life Insurance and Whole life insurance lies in what happens to the money.<br><br> In Term Life Insurance, you pay the monthly or yearly fee. If you die when the policy is active and paid, then your family will be covered and receive the amount which you have insured. If you don't die before the policy expires, you (or your family) receive nothing. <br> The premiums are lower than Whole Life Insurance but they change as you age.<br><br> Whole Life Insurance (AKA Cash-Value Insurance) has both insurance policy and Investment account.<br><br> The premiums are higher than Term Life Insurance but they are fixed (you pay the same premium even when you age). If you die, your family receives the death benefit but you can also cash the money when you are older or retired.<br>

on May 14, 2020 | Finance

Tip

The most important things to consider when choosing a health insurance


1. Make sure you doctor appears on the doctors networks of your new insurance. If he doesnt, ask for the list of doctors they have and see his location and working hours, make sure that it suits your needs.<br>2. Make sure specialists that suits your condition appear on the doctors network.<br>3. Make sure that your pre existing conditions are covered in your new insurance.<br>4. Emergency: What is an Emergency according to your new health care plan, and are Emergency rooms and hospitals are covered?<br>5. Regular checkups: If you are used to have regular checkups or screenings, make sure they appear on your new plan.<br>6. Drugs and prescriptions: make sure that your new plan cover your regular drugs and maybe drugs and prescriptions you will need in the future.<br>7. Other services: ask about coverage for the following: Drug and Alcohol Rehabilitation, Mental Health Care, Counseling, Home Health Care, Nursing Home Care, Hospice, Experimental Treatments, Alternative Treatments, Chiropractic Care. <br><br>Good Luck!

on Nov 02, 2019 | Finance

Tip

Pros and cons of home equity loans


There are some really great benefits to taking out a home equity loan. First because the loan has a fixed interest rate there will be no fluctuation as the economy changes. The money that you borrow in a home equity loan can be used to pay off credit cards and will help you to consolidate all your debt into a single payment that you make monthly. Even though the interest rate on a home equity loan may be higher than that of your mortgage it will still be lower than if you were to use credit cards to pay off your mortgage. And finally the interest on the loan may be tax deductible and depending on the use of the loan you may be eligible for leeway in deducting the interest.<br><br>At the same time there are a few things that you have to keep in mind before you take out the loan. When you take out a home equity loan you are borrowing a whole lump sum unlike home equity line of credit in which you only borrow as much as you need. You will want to be careful what you spend the money on, if you were to spend the money on remodeling your house then you have a greater chance of the value of your house appreciating as opposed to buying a car that as soon as you drive it off the lot beings to depreciate in value. Probably the most important thing to keep in mind is that when you take out a home equity loan your house is held as collateral so in the case that you are unable to make payments then you will lose your house.

on Oct 12, 2019 | Finance


There are three main types of liability insurance general, product and professional. General insurance is meant the protect your business from claims involving accidents, injuries or negligence. Product protects your business if there are injuries caused by one of your products. Professional is for companies that provide a service and can be blamed for malpractice or negligence.

Finance | Answered on Sep 28, 2019


Looking for an best bookkeeping service with quality bookkeeping contact bookkeeping services Newcastle To provide you with effective bookkeeping services we need to understand your business. No matter where your business is in the heart of Newcastle, Wallsend or Charlestown, we come to you to undertake an initial appraisal of your needs.
Bookkeeping's business moves effortlessly to handle every aspect of your bank reconciliations, accounts receivables accounts payables wages. BAS IAS to provide relevant financial information to you.
And we love clean ups and fixing up years of bookkeeping work.

Finance | Answered on Sep 27, 2019


Basically it protects you and your family from financial problems that may accrue due to changes in your health or, god forbid, death.
Basically it is:
· Long-term care
· accidental death and dismemberment
· hospital indemnity

Finance | Answered on Sep 26, 2019


For getting a personal loan in Heydrabad you need to have a good credit score of above 750. You have to meet the eligibility criteria of the lender. The basic eligibility criteria that all lenders want are:
  • You should have a decent earning
  • You need to submit a few documents as proofs
If you follow these simple criteria then you can get a easily loan within a 72 hours in your account.

Wells Fargo... | Answered on Sep 19, 2019


HO-3 policy is the most common type of home insurance policy. It covers your home property and belongings against theft, damage, and personal liability.

Finance | Answered on Sep 14, 2019


Hello, Khetha -

It is a challenge to provide the right information to your question, since I have no idea where you reside (what country.)

Plus, Fixya.com is not the best website to ask your question. Fixya is intended as a website for asking and answering questions on how to go about REPAIRING _THINGS_.

First, I suggest you contact the Admissions Office of university where you wish to study and ask a knowledgeable person there about student loans. That person will most likely refer you to the right sources of information.

Second, contact an administrator at your current or former secondary schools and ask for his / her directions for sources of student loans.

Third, you can use your favorite search engine (Google, Bing, Yahoo Search, etc.) and search with the following search phrase, using quotation marks:
"Country Name" "student loans"
Example:
"South Africa" "student loans"

Then, choose websites with information from the top search results.

Best wishes.

Finance | Answered on Sep 13, 2019


. It depends on various factors, but I think that you should read the following articles and remember, lenders WANT to give you this money because they want the interest...
http://www.wikihow.com/Choose-a-Mortgage-Lender
http://www.forbes.com/sites/moneybuilder/2013/03/26/a-look-behind-the-curtain-how-to-choose-a-mortgage-lender/

Finance | Answered on Sep 13, 2019


Call the company it is associated with and I am sure they have a list of the dates and if you can't find the company's phone number. Google it
They probably can help good luck

Finance | Answered on Sep 10, 2019


You often noticed the car that is old is charged more interest rates as compare to the new one. Here is the main reason old car has less liability rather than a new brand for the dealership. This is the main reason to get paid high interest rates for old car.
There are also different categories for getting car loans,1-2 years old cars have to pay less interest and 2-3 more and so on.
But you can find lowest and cheapest car loans by online search for the online loans lenders.

Finance | Answered on Sep 06, 2019


Hi, the score will depend on the credit file and if you want to improve it clear all the pending debts and other bills and wait for few months to get reflect on your credit file. Make sure you make payments on time without missing.

Experian 3... | Answered on Sep 04, 2019


Depends on the case i wpuld advise anyone to see cab

Finance | Answered on Sep 03, 2019


Hello, Nelisiwe -

It means that the individual in question is eligible for funding (has met the qualifications to be granted funding) without having been first accepted to be admitted to a university for study.

Best wishes.

Finance | Answered on Aug 28, 2019


Monero Cryptocurrency Mining requires a hardware and software dedicated for its mining. 8GB RAM CPU, a good internet connection, HDD / SSD etc are some hardware specifications while software comes along with its user guide.

Finance | Answered on Aug 21, 2019

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