Clare Louise, Author at Ecommbits

In Featured

Know the types of loans before you choose the right one!

October 12, 2021 No Comments

Financial difficulty may come upon you as a bolt from the blue. It might disrupt all your savings, planning and future financial decisions, turning it upside down. Be it the need to repair your house or to pay for a sudden accident or a personal event, you will need a financial support that will help you to tackle the situation. Loans are the best way to cater to such situations as this will not require you to get rid of any of your properties or goods and you will be able to make the payment for the required.

Types of loans:

Before you take a loan, it is important to know the different types of loan options that are available in the market. The types of loans are dependent on the credit score and the time span for which you need the loan. Factors like security and guarantee certainly are considered important in choosing the loan options.

Secured and unsecured loans:

If you have security and if you have a good credit score, you will be able to access or apply for the secured loans. These have a very low interest rate and hence, you will be able to repay the loan as per your convenience, without paying huge interest for it. In case you fail to do so, the property or guarantee that you put as a security for the loan, will be seized by the bank or the lender. Along with this, there is the unsecured loan, in which you will not have to put any security or guarantee. Since the lender is risking the loan amount, the interest rate for these loans will be high.

Short term loans:

This is yet another type of loan in which, if you have a poor credit score or no credit score at all, you will be able to acquire these types of loans. Short term loans or bad credit loans are usually high in interest rate and you have to return it within a very short span of time.

Instalment loans:

As the name suggests, you will be able to return the loan amount in instalments. Many people mistake this type of loan option with the other loans as all of them are repaid in instalments. However, the fact is that, when you have a bad or poor credit score or no credit score at all and still need loans that you can repay in a long span of time, the installment loan lenders will offer this type of loans.

When you visit the best LassoLoans online instalment loan lenders, you will find that they offer you a good deal of loan term so that you can get time to arrange for money and repay it in a long term. There is a striking difference between the short term payday loans or bad credit loans. Whereas you have to return the loan amount in full amount within a few days, the instalment loans can be repaid in instalments in its due loan term that are dependent on the loan amount and your interest rate.

In Law

Getting Witness Statements to Build a Strong Car Accident Claim

October 11, 2021 No Comments

When a car accident occurs, some people may witness it. These witnesses may saw things that the drivers involved may not be aware of. Witness accounts can be helpful or hurtful to a driver’s claim for compensation.

If you sustained injuries in a car accident that was caused by a careless driver, car accident attorneys Los Angeles can discuss your legal options in a free initial consultation. If a lawyer determines that you have a case, they will throughout investigate your accident and talk to witnesses.

Impact of Witness Statements on Your Accident Claim

Accident witnesses can give important evidence in a car crash due to the objective perspective they can offer regarding the accident. Witness statements may support your claim, help dispute the version of events of the other driver, or demonstrate inconsistent statements that the at-fault driver may make.

To recover compensation for your injuries, you need to prove the other driver acted negligently and caused the crash. These could include violating traffic laws, running a stop sign, driving while distracted, and speeding. Witnesses can explain how this driver was negligent based on what they saw. For instance, they probably saw the at-fault driver texting or talking to someone on their phone when the accident occurred. Witnesses are not associated with any of the parties involved in a car accident and have no vested interest in the claim’s outcome.

Finding Witnesses

Pedestrians are often competent witnesses to car accidents. Witnesses also include other drivers on the roadway as long as they had a clear view of the accident. Car accidents that happen during the day are usually observed by construction, road, and utility workers. Due to their close proximity, they usually have a good view of the crash scene. In addition, if a witness called 911 when the accident happened, the operator will usually record the caller’s name and phone number, so the victim can reach out to them. Other places to find witnesses include businesses in the vicinity of the car accident. The crash may have been witnessed by an employee of these businesses or captured on a surveillance camera installed at a nearby store.

When to Get Statements from Witnesses

Getting statements from witnesses can be tricky, particularly when the injured victim’s passenger was also injured. Following the crash, the victim must seek immediate medical attention. If their injury is not serious and they can safely do so, they can get the names and contact numbers of witnesses who are there at the crash scene. An experienced attorney can determine when and how the statement could affect a victim’s case.

In Finance

Questions You Should Ask When Dealing with a Property Management Company

October 2, 2021 No Comments

If you have owned property with making profits being your major goal, hiring a professional property management company is the best decision. Investment in any field should closely be watched or monitored by experts. They have in-depth knowledge and expertise and can help you make the right decision. If you have made up your mind to hire the best property management company, you should prepare yourself well with a number of questions, which you should be asking him during your meeting. Some of these questions are mentioned below:

Experience in managing the property– The first question should be what kind of property they deal in. You might have a commercial or residential property for which you want to hire a property manager. If he is not an expert in that field, you won’t get any profit or benefit.

Current working style- It is important to get familiar with how many properties they are dealing in as of now. If he is dealing with a number of them at one time, you should not consider hiring them because; your property may not be the focused one.

Inspections and visits- You should ask them how often they inspect the rented accommodation and visit the property to check for any damage to it. You need to ensure that the company regularly pays visits to avoid any last-minute hassle when a tenant vacates.

Payment policies for damages – In case, the property is damaged due to natural disasters or any other reasons such as tenant’scarelessness, what their payment policies. You must ask them who should pay for these damages and repair work as per the agreement.

Maintenance work- Maintenance of any property is a vital part of management. You should ask them what they do to maintain it and prevent anydamages. Every company lays down some rules to keep the property in good condition. You must ask about these policies before hiring them.

Management of maintenance- If any repair work is required; they should give details of who will take care of the work. Some companies have their own team who looks after these tasks while others may have to hire contractors. You should have clarity about all these facts well in advance.

Handling in emergencies- The property may need to be handled in an emergency such as water leakage and fire. The company has to handle these scenarios in a proper manner. You should know all the procedures that they follow to manage these situations.

Tenant selection- If you want to rent out your property, you will ask the property management company to choose the best one. You must know how they select the tenant and on what factors they decide to rent them out. The procedure should be compliant with the state laws and all the documents should properly be checked beforehand.

Analysis of property market- The best property management company analyzes the market and gives you an update from time to time. This way, you can make the right decision about selling or renting the property. It is vital to know their analysis and the factors on which it is based.

Transparency- Once you have assessed the company on the above-mentioned factors, you should know the procedures for receiving and making payments such as checks, drafts or the online payment method. Besides, you should also know various payment policies related to buying, selling and renting out your property as per state laws.

By keeping in mind the above-mentioned questions, it will be much easier for you to choose the best property management company.

In Finance

My Finance Broker – Useful Tips on How to Choose A Car Finance Broker

September 7, 2021 No Comments

If you are planning to buy a car, then you might need to get car finance, and with the availability of several car finance brokers, it has become easy and simple to get secure car loans. You simply need to look out for a My Finance Broker that will help you in getting a secure loan for purchasing a car. They will help you in deciding on a loan and which option you should opt for, even if you don’t have any clue about what to look at according to your needs and budget.

A finance broker is a person who helps to find out the most appropriate loan option for you as he is experienced personnel who are abreast with how to approach the financiers that can persuade them to approve the loan. They are the ones who are working in this field for a long time, and they have maintained good relations with the lenders; therefore, they will help you in deciding which lender will likely be open to a client.

Basically, a finance broker is the one that acts as a key source and provides services, including searching for a new or used car model that a customer is looking for within a budget range. Moreover, these brokers also help car buyers to negotiate with the seller of a used car. Despite all these amazing services, there are hundreds of finance brokers available in the market today that are making the selection process much more complicated.

So if you are also planning to hire a broker for car financing, then you need to understand that not all car finance services are fair. Following the tips below that, you should consider while finding a car finance broker; you will be able to choose the right broker:

Standards:

First of all, you should confirm that the broker you are going to hire meets the required standards or not. It is necessary for you to make sure that your broker should be a member of COSL or FBAA industry associations. COSL is an independent organization that is mainly handling the finance brokers complaints, whereas FBAA is one of the most popular Australian leading membership bodies mainly designed for finance broking experts.

It is necessary for you to confirm that your loan consultant or broker must be a member of one of these associations. In order to make sure about the membership of your finance broker, you can check it by searching through their member list. In addition to the membership, it is also necessary to check that the finance broker must have a license. If a broker is serving in Western Australia, then he must hold a WA finance broker license.

Accreditation:

While you are choosing a finance broker for the sake of financing your car, you need to ensure that you are abreast with the range of lender accreditations. It is also necessary for you to make sure that the broker accreditations not only are able to change the range of finance options but they should also be able to affect the quality of these finance options.

Experienced staff:

You should choose a finance broker or a financing service that must retain knowledgeable and experienced staff. The broker should be qualified, have a WA license, and be a professional who must be able to explain why a certain product is highly recommended and will suit your needs. If it is possible, you should check his history and track record, ask for testimonials, and even check the years of experience.

Services offered:

Nowadays, there are hundreds of finance brokers available in the market today claiming to provide a wide variety of services to their clients. You should find out that a broker must be able to provide extra services. Make sure that My Finance Broker must be able to provide detailed information about fees, timeframes, as well as extra charges that are related to car finance.

In Business

Five Reasons why Financial Advisors are Getting Popular

September 7, 2021 No Comments

Well, finding a trusted and knowledgeable financial advisor is one of the most important things you need to work on for your financial investment. But there are many people who are not able to find the right and legit planner for their investment.

“Don’t ever let your business get ahead of the financial side of your business. Accounting, accounting, accounting. Know your numbers,” said Tilman J. Fertitta, chairman, CEO, and owner of Landry’s, Inc., an American, privately owned, multi-brand dining, hospitality, entertainment and gaming corporation headquartered in Houston, Texas. Tilman Joseph Fertitta is an American billionaire businessman and television personality. Tilman Joseph Fertitta also owns the National Basketball Association’s Houston Rockets.

One of the best examples of a successful financial advisor is Ed Rempel CFP, a certified financial planner and a tax accountant in Toronto who has built a reputation for helping Canadians understand the kinds of unconventional wisdom that will help them prosper financially. Ed Rempel review is also a frequent speaker for webinars, seminars, and conferences that are designed to help Canadians gain better control over their finances.

So, here are five reasons why financial advisors are getting popular:

They have a good reputation:

If you are trying to find the right financial advisor for your financial management then the first thing you should do is try to get referrals from your friends or from family members, this could be your first and best option.

Well, if you find one then try to consider their company’s background and reputation where they work in. Do they have a good track record of success or not. Just be aware of the fraudulent ones.

They take a proactive approach:

If you get a good financial advisor, it will be better for you because they will provide you clear and transparent communication for updating you on current financial issues and opportunities. If you are struggling to understand the complex financial concepts then they will provide you with better information so that you can understand it easily. If your financial advisor does not give you time to clearly understand their recommendations then that person is not worth it for you.

They don’t panic:

Well, a successful financial advisor will have great experience of working in the field and they will show their patience by not being panic in any critical situation. Find a planner who will always evaluate the best options for you and will also help you to stay on the right track which they provided you. If they actually care for you and do not show any urgency in your investment then he will be the right option for you.

They invoke confidence and trust:

Find a financial advisor with who you have full trust and you can have confidence in their recommendations. If you are discussing your investment with your financial advisor and you feel nervous and stress then believe in your instincts and end the relationship with your advisor.

They are an experienced financial professional:

If you want to find out if your financial advisor is legit or not then the first thing to notice is their experience, if they have good working experience or if they have some sort of industry-recognized certification. If your planner has the designation of Certified Financial Planner (CFP) that is provided by the Financial Planners Standards Council then you can trust them.