by Scope Loans Team on February 6, 2009
Bridging loans are taken when you need substantial amount for a short term usually either for building a plot or purchasing property. These loans are taken to bridge the gap between sale and purchase of your property. These loans can be taken in any situation, like if you wish to purchase property at auction or if you want to buy a new property but have yet not completed the sale of existing one.
The property accepted for bridging loans is:
- Development sites
- Retail shops
- Auction properties
- Commercial and semi commercial property
Bridging loans are offered in two forms open ...click here to continue
by Scope Loans Team on January 24, 2009
1. Americans are loaded with credit card debt.
The average American household with at least one credit card has nearly $9,200 in credit card debt, according to CardWeb.com, and the average interest rate runs in the mid- to high teens at any given time.
2. Some debt is good.
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by Scope Loans Team on January 23, 2009
Cutting Monthly Bills? Turn to the Web
Forget tweets and liveblogging. From Hulu to VoIP, technology can help slash your expenses.
During the boom years, technology advances were generally viewed in terms of how they allowed us to do new things.
Check out this new gadget - it lets you play a video game while skiing! It lets you update your Facebook page while scubadiving! It lets you Twitter while visiting the john! Awesome!
But there’s another side to technology that maybe hasn’t got enough play, but is likely to as the economy gets worse.
New technology also lets you do all the ...click here to continue
by Scope Loans Team on January 23, 2009
With the overall economy in a serious slump, the upcoming new year provides a great reason to turn your own personal finances around.
Try out these ten simple tips and turn over a new financial leaf:
1. Deal with your debt, especially credit cards. You can easily save $700 by transferring a card with an 18% interest rate and $2,000 balance to a new card with a lower 8.25% rate. Even better, apply for a new card with a 0% balance transfer offer, and save even more.
2. Stick to a budget for just one week. It takes serious willpower to stick with a budget, but you could probably manage it for a week, right ? If you track your spending for just that week, you’ll gain some insight into where your money went. You may also find an obvious item to cut back on. As an example, you might decide that your daily mocha-latte isn’t worth the $20 you spend each week.
3. Pay a bit extra on your mortgage and save tens of thousands later. …click here to continue
by Scope Loans Team on January 22, 2009
1. Get rid of unnecessary cell phones. Most families have 2, 3, or more cell phones. Sorry, but your 10 year old kid does not need a cell phone! It’s funny how most of us grew up without a cell phone in our hear and we got along just fine and communicated face-to-face.
2. Cutback to minimum cable TV service. Don’t need all the extra channels. I grew up with only three channels and survived just fine. I learned how to spend time by reading a book or playing outside with friends. Most kids today are several grades below their standard reading proficiency.
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