Finance Only

Non Status Business Bank Accounts – For Upcoming Entrepreneurs

Non status business bank account is specialised in helping new entrepreneurs to become established professional business entrepreneurs. These accounts are ideal for those people who can not prove their income and facing poor credit status. These bank accounts give another chance to the poor credit holders to prove them a good account holder. One can acquire this account in without any restriction in any reputed bank as number of high street banks offers this banking service with multiple facilities.

Every UK customer can obtain this account to form new company or to manage finances of any existing business. These accounts are offered without the trauma of lengthy documents and business plans. One can take this banking service just by providing your identity proof and address proof. As soon you provide these documents with application form banks open your new bank account to handle your business finances.

Whether you are a sole trader, have a partnership firm or a limited company these non status bank accounts provide you the numerous benefits that helps in building your business. Some of the services offered by banks re mentioned below: › Continue reading

Tags: bank accout, country court judgments, credit check facility

Predatory Financing

Predator is one that preys, destroys or devours, relating to, or practicing plunder, pillage or rapine, showing disposition to injure or exploit others for personal gain. Prey is one that is helpless or unable to resist attack.

Millions of credit card holders became innocent victims of credit card companies. Slick advertising lead applicants to believe they were applying and pre-approved for a zero or a low fixed interest loan but soon to learned that was not necessarily the case. They learned that Interest rates are set on a “risk based” interest level which is predetermined by the loan company. So, much to their surprise their account interest was not zero but some level above zero and subject to increase under certain circumstances. Those who questioned this change learned that provisions hidden in fine print in their application gave the company permission to adjust their interest rate based on their credit score again determined by the credit card company.

Predator financing became legal and lucrative when our legislators lifted the usury rate for credit card companies and giving them authority to add late fees for late payments, overdrawn accounts, non sufficient funds checks and even if the company learns that their debtor violated any of those sins with any other creditor. Lending agencies trade information with our national credit reporting agencies on a monthly basis leaving very little chance that they would not learn of any of these rules were violated with other creditors. › Continue reading

Tags: credit card companies, interest rates, loan company