Bad Credit Loan Specialist BHM Financial Announces New Division Specializing in Plastic and Cosmetic Surgery Funding
BHM Financial Group, a privately owned financing company specializing in bad and no credit loans has announced their most recent addition to their lending base. The new division MEDILOANS, will specialize in the funding of loans for Plastic and Cosmetic Surgery in Canada. This has come about due to BHM Financials sponsoring of PLASTIC SURGERY PORTAL CA .COM which focused on delivering information on Plastic and Cosmetic Surgery. Offering an unbiased informational portal , visitors can look for information about procedures, surgeons, risks and any and all important information that helps them in making a informed decisions. After repeated inquires to financing for procedures, BHM Financial realized a need to offer funding for this type of loan that does not require the same lending criteria as mainstream lenders. Often these types of loans require a lender who recognizes the specific needs of its potential clients and who can meet them. BHM Financial has had a history of providing a specialized type of lending and offers private funding with bypasses the red tape often involved in funding these types of loans. Similar to BHM Financials Car, Truck, RV, Boat and Trailer Tile Loan division, MEDILOANS base their funding on collateralized loans as additional financing option for their clients.
Unlike typical credit card or personal type lenders can lend limited amounts, usually under $5,000 and require a high FICA score Mediloans, will have the ability to lend between $1,000 and $10,000 for periods of between 1 and 4 years and the clients credit profile does not affect the approval process.
Tina Andes , Marketing Manager for PLASTIC SURGERY PORTAL CA.COM explains the reasons behind the program’s creation, “After spending years in the plastic surgery industry in Beverly Hills ,California and being part of several cutting edge marketing ideas like the reality series “DR 90210″ I always knew there was a demand and a deficiency in the information available and most important the funding for these types of procedures. BHM Financial was open minded enough to sponsor PLASTIC SURGERYPORTALCA.COM and create MEDILOANS to fill the much needed gap. It’s really a win-win situation for our potential clients and MEDILOANS.” She continues, “Plastic and Cosmetic surgery no longer is just for the stars. Even when looking for work in this economy having some procedures done can give you the confidence that may make the difference or even just help you feel better about yourself.” She adds, “Now that we have a place for people to go to learn about all their options and a way they can finance it as well.”
The loans being offered are called car title loans. These loans are specifically designed for individuals and businesses with bad credit. Since most major banks no longer approve bad credit loans, private lenders such as BHM fill the gap. Car title loans, as the name suggests, are loans that are secured by the equity in the borrower’s vehicle. Because loans are secured the borrower’s credit history is much less significant than with standard loans. Car title loans provided by both Mediloans can be approved within hours and can be processed and funded within 24 hours of the application.
For information on loans provided by Mediloans and BHM Financial Group, the company be contacted by phone at (877)-787-1682 or visit the web site at www.bhmfinancial.com or www.plasticsurgeryportalca.com.
Mobile Home Renovation Projects – Going Green
Going green and keeping your home as economic as possible is very important with today’s utility prices. There are many things you as a homeowner, can do to ensure a little more efficiency from the function of your home. Mobile / modular homes can be easily renovated to be even more efficient than a regular home. Here are a few suggestions:
With federal rebates as high as $200, replacing an old washing machine with a more efficient front-loading machine is guaranteed to see savings. Averaging $600, they will easily save you $100 or more each year on electricity and water bills.
Many people have added sensors to their light switches only to find out they are too sensitive and not very smart as they are not able to detect the brightness level of urban areas. Instead, adding ’smart switches’ to your switch plate will allow you to tell the mini computer where you live and program the time and day. This needs to be done only once for set up then the system will take it from there, figuring out your sunset and sunrise times so it knows when to turn your outside lights on and off. To avoid inefficient outdoor lighting, invest the $30 for the smart switch.
A very common home improvement that has come a long way for families is the tankless water heater. They are basically hot water heaters ‘on demand’ and only provide hot water when it’s needed. Not only do they take up much less room, they also average about 50% more efficiency than the large, old water tanks. They can be a little pricey, starting at around $800, but will pay for themselves soon enough in savings.
Also adding a demand water circulation system to your home is another cost-effective way to save money and go green. On average, a home wastes 25 to 30 gallons of water a day which adds up to between 10,000 and 14,000 gallons of wasted water per year by waiting for water to heat up before a shower or bath. Demand water circular systems automatically re-circulates your own water back into your water tank until it’s ready for use. The cost is around $500 to $700 for a system.
Of course, one of the largest home renovation factors to any mobile home is window replacement. Energy-efficient windows will definitely pay for themselves in no time. Not only will they keep the heat in during the winter and help maintain a cool interior during the hot summer months, they can block harmful UV rays that fade your furniture, carpets and curtains. Energy efficient windows generally reduce utility use by about 30%, which means your furnace or air conditioners are not running as hard.
BHM Financial Group Welcomes Vernon Cash Solutions to their New Payday Lender Program
BHM Financial a Vernon Cash Solutions, a Vernon, B.C. based Payday loan provider has joined forces with Car Title loan provider, BHM Financial Group. The companies have connected through BHM’s new Payday Affiliate Program which enables Payday lenders to offer their clientele a larger number of services, including car title loans. BHM Financial Group, a privately owned lender of secured bad credit loans, began this new program earlier this year to great success.
The affiliate program geared towards Payday lenders and other financial related service providers enables the smaller lenders to offer larger loans through BHM Financial Group. Vernon Cash Solutions is the newest member of the program and is now able to cater to the needs of a larger clientele. Molly Wider of BHM Financial Group explains the reason for the creation of such a program, “In the past, BHM was only offering our services online. This meant that anyone without an internet connection, or who wasn’t comfortable applying for a loan online wasn’t able to benefit from our services. We decided that the best way to reach customers nationwide (as we currently do online), was to build relationships with already established financial related service providers with storefronts.” She continued, “By affiliating ourselves with lenders such as Vernon Cash Solutions, who already have a valued place in their community, we are able to provide our loans to clients who prefer to apply face to face rather than online and we are able to do so through a reputable member of the community.”
The loans offered through BHM Financial and now, through Vernon Cash Solutions are car title loans. These are loans that are specifically intended for individuals and companies that have bad credit and cannot therefore obtain financing at a standard financial institution. The loans are secured using the value of the borrower’s vehicle, but the car’s title remains in the borrower’s name at all times unless the loan is defaulted.
Payday lenders who sign up for the program who were previously only able to advance small amounts of cash for a limited time – usually up to the borrower’s payday, can now offer loans in amounts anywhere from $1,000 to $10,000 and with more flexible repayment terms of between 1 and 3 years. “I think this is a good opportunity for us and for Payday lenders to expand our respective businesses.” Said Wider of the affiliate program, “It really makes sense for us to be working together in this way.”
Car title loans provided by BHM Financial and Vernon Cash Solutions can be approved and funded in as little as 24 hours. Clients of Vernon Cash Solutions will still received the same high standard of service they are used to receiving. BHM’s car title loans will simply be added to their already offered services.
BHM Financial is expanding its Payday lender program throughout the country and is accepting registrations for the program through its website. For information about the Payday lender affiliate program, or BHM Financial’s loans, they can be found on the web at http://www.bhmfinancial.com. For more information on loans provided by Vernon Cash Solutions, the company be reached at (250) 571-3419.
Starting Small, Investing Smart
Learning how to do anything the smart way is beneficial, and when it comes to investing, this stands especially true. Many people have tried their hand at investing everything from stock and bonds to real estate and other such illiquid assets.
Index or passive investing as it is sometimes referred to, is not necessarily a new way to invest, but it does seem to be more of an effortless way to invest. The general idea of it requires investors to invest in a few (three, four or five) low-cost mutual funds or exchange-traded funds also known as EFTs. The term ‘index funds’ are referred to this way because they are funds that are intended for wide diversification, which, if all goes well, means you as the investor will earn higher returns than others who spend their days seeking hot-stocks.
This way of investing, however, is not necessarily less expensive. It still requires a financial advisor, for which you will be required to pay an annual fee on top of the management fee (usually around 2.5 per cent). Indexing is by no means a ‘get rich quick’ scheme.
The concept is that inexpensive index funds have the potential to out-earn larger money managers. Over the last five years, Standard & Poor’s have continually concluded that approximately 89 per cent of actively managed large US funds didn’t make the mark on their S&P 500 index, while in Canada, 93 per cent of the equity funds did not keep up with S&P’s index. For this reason, many would agree that the proof is in the numbers.
Many investors feel that it is a waste of money to simply pay someone else to watch and chose mutual funds and stocks for you, especially as this is something you can do yourself. Many do not believe that investment advisors can beat the markets with any more (or less) luck than you can. It’s like hiring a plumber to turn on the tap and then paying him the extra fees for the water it allows the spigot to disperse. This process can go on year after year.
Switching over to index funds as a way of investing may be a better choice for those who want to start smaller or even for those who are open to a new way of investing. It takes time, but those who do their investing this way swear by the results, and the savings.
New Technology, New Credit Scams
Being warned of new credit scams is not really anything new, however, the way scammers are looking to steal both personal identification and your money, is. With so many warnings constantly hitting the internet, it almost seems better to just stay home and shop from there, but if you’re like most other people who head out with debit or credit card in hand, here are a few ‘new scams’ to be aware of.
One of the newest scams to hit the market is aimed mostly towards investors and businesses. A ‘letter of credit’, which is a legitimate financial contract, is being sent to investors as a guarantee of payment to a seller. More times than not, the investors later find out they’ve been scammed with high interest rates of between 100 per cent and 300 per cent!
The comforts of bluetooth have definitely made life easier for any of us who have used it, and now, most electronics come with such features. Unfortunately, the dishonest have found a way to use bluetooth to steal personal information. Yes, scammers have been caught abusing bluetooth by wirelessly transmitting debit and credit card information back to their ‘base’ via skimming machines that have been planted in restaurants, ATM machines and gas stations.
Phishing emails are not necessarily new when it comes to comparing such devious acts to the new bluetooth problem; however, phishing emails most certainly have come a long way in their look. Copying company logos or duplicating a banks webpage has raised concern as more and more people are filling out personal information and hitting ’send’. This is then used to reproduce fake credit and debit cards in your name.
The recession has caused many people to fall behind on their mortgage payments. Scammers are out and about seeking people who are in financial distress and assuring them they can stop the sale of their home regardless of how far behind they are on their payments. The scam involves homeowners paying these companies hundreds of dollars a month to prevent foreclosure. Mortgage rescue scam also involves signing over the deed to your house. The scammers then transfer the house into their name and then rent or sell it. Legally, the original homeowners are often still liable for the mortgage payments.
Trying to rebuild a bad credit rating can take a long time, however, secured credit cards can definitely help this process. It is worth taking note on which credit card company you chose. Some of these companies offer secured cards with more fees on them than your balance. They charge monthly service fees and annual fees as well as set-up fees and activation fees, all this on top of incredibly high interest rates. Your balance is gone before you’ve even had a chance to make a purchase.
There are also many companies out there who offer overnight (or the next best thing) credit repair. The idea is they claim to be an agency that can help clean up your credit rating by having certain things removed off your report or that they have inside links and can even have debt forgiven. Of course, there is no such legitimate service and unsuspecting people fork over hundreds of dollars in the meantime. If you are looking to repair your credit, it is best to do some homework and check out any potential company you are thinking of doing business with. One great way to know if they’re valid or not is to look for a BBB (Better Business Bureau) logo on their home page. Many legitimate companies that are worth doing business with will have ensured they are registered for both their protection as well as the protection of their clients.
Off the Deep End with Cheap
Some of the ways you can save money may be more than most of us can manage-and may be more suited to the single life than if you’re in a relationship or raising a family. Still, crazy cheap living is possible, if you’re up for it. And a one-year stint of crazy cheap living could see you debt free at the end of it, and with a new respect for how to live well on next to nothing. If you’ve been a student, some of the suggestions may be ones you’ve had to use trying to make ends meet-or at least come closer together.
Cut your own hair. This one is for the adventurous at heart. Cutting hair is pretty skilled work, and who knows what your attempt may turn out. But you might trust a friend who’s skilled with scissors. Less radical choice? Cut your hair less often. Even cutting your hair half as often, for a woman paying $75/cut every six weeks who changes to 12-week intervals, this brings a savings of about $300/year. And definitely color your own hair-save another $50/month.
Sell your car and bicycle to work. Some people find this to be a pretty radical choice, but when you think about how much money you could save without a car, it seems like a great idea. And your heart will thank you. You could bank about $5000 this year by giving up your car. Can’t do it? Then ride share, and save one-half the cost of gas each week.
Buy nothing for an entire weekend. That includes groceries, eating out or ordering in, DVDs, CDs, and driving your car. Make a weekend at your house a “don’t-spend-a-cent-event.” Instead, hold a dance in your living room, and invite the neighbors. Get a video cam, and You-tube it. Even turn your weekend into a fund-raiser for your favorite cause, and twitter all weekend about what your family is doing instead of spending money. You may even have people donating.
Save your pocket change. This seems like a small choice, but change-especially with our Canadian loonies and toonies-can add up to big bucks in a year. How many times have you paid for coffee, lunch, or other small purchases with change? Not spending your change can help you get control over your unconscious spending, too. Then put the change towards paying a big bill.
Don’t toss anything. No matter what it is, someone will pay for it. And you can advertise free or cheap these days on kijiji, ebay or craigslist. Keep that in mind when you want to buy something-buying on ebay or kijiji can save you big time.
Living super cheap isn’t for everyone, but if you can do it, you can put mega bucks into the bank, towards debt, or even save to buy something really great in a very short period of time.
How the HST Affects Buying a Home
There has been a lot of confusion about how the newly implemented HST affects the purchase of a new, or used home. Many realtors and brokers are pointing their finger at the HST factor for the recent drop in the real estate market. They say that many people simply do not understand what the HST means to them and they are under the impression that this new tax means a substantial increase in the cost of buying a house.
First of all, it’s probably important to understand what the HST is all about. The Harmonized Sales Tax, or HST, was put into affect on July 1, 2010 in the Canadian provinces of Ontario and British Columbia only. This new tax combines both the federal goods and services tax (of five per cent) with the provincial sales tax, which is seven per cent in British Columbia and eight per cent in Ontario. The HST combines these two single taxes into one. As well, it is being applied to certain goods and services, while remaining exempt from others. This, perhaps, is where most of the confusion lies.
Most items that were tax exempt before, like prescription drugs and groceries, will remain tax-free. Items that were taxed with both the GST and the PST prior to the HST will remain taxed the same. However, the controversy lies in the ‘other’ goods and services that were once only taxed the GST, such as everyday products like haircuts and gasoline. Now, as of July 1, they are HST taxed, meaning they are essentially being taxed both the GST as well as the PST. This has caused a significant rise in everyday essentials. So services such as lawyers for instance, were only subject to GST before July 1 but are now subject to both, meaning the full HST is applied to lawyer’s fees.
When it comes to buying and selling a home, the mortgage fees and banking fees will remain as before, meaning they are still tax-exempt. One difference, however, will be in the real estate commissions, as they are now subject to the full HST instead of only the GST as pre-July 1. Also, new homes in both provinces will be taxed the HST, but are eligible for tax rebates depending on the cost of the new home. In Ontario for instance, a home under $400,000 is eligible for a rebate of 75 per cent of the provincial part of the tax, up to a maximum of $24,000.
In British Columbia, homes under $525,000 are subject to a 71.43 per cent tax rebate of the provincial portion of the HST while homes over $525,000 can apply for the maximum rebate of $26,250. Something else to factor in is the cost of new appliances, movers, painters and construction workers who are all now on the hook to charge both GST and PST, meaning you, as a consumer, will be fitting the entire HST bill.
Buying a new home may have gotten a little more complicated, or perhaps it has just gotten a lot more expensive for the average person. Being in the market for a new home can be exciting but it something best done with a lot of financial planning.
Think You’re Grossly Underpaid?
For many working people, we feel rather underpaid for the good job and services we provide. We have also tied our job-worth to what our employers pay us and feeling under appreciated is never a good thing. For those who are not feeling the financial love in their current career, here are a few optional jobs that pay pretty darn well. These jobs all pay at least $20 an hour.
Paralegals, also referred to as legal assistants, keep their lawyer’s office up and running smoothly. Booking appointments, keeping track of daily finances, assisting in research and drafting contracts are only some of the duties one can expect to perform for an average pay of $23.00 an hour or $49,000 a year.
Computer support is high in demand as the world turns more and more towards relying heavily on technology. Whether you offer tech support via phone at a help desk or run around the office building trying to solve problems, you will be rewarded about $22.00 an hour for your time. That adds up to a salary of $46,000 a year.
Graphic designers are also high in demand as companies move towards the Internet for their business. Finding a good designer to provide graphics to your website or other communication needs will see you pay $22.00 an hour. If you have one on staff, an average salary will pay $46,000 a year.
Once referred to as secretaries, administrative assistants make a cool $20.00 an hour or $42,000 a year for keeping the life flowing in an office. Being an assistant to a company president or executive could even earn you more. Make sure you have your stress skills up to par for this job.
Wanting to be a real-life crime fighter and maintaining law and order will see you earn $25.00 an hour. Most police officers average $52,000 a year after completing a degree in criminal justice.
You can cook your way to the top by becoming a head chef. Taking home $20.00 an hour is great incentive to keep cooking. Becoming a tax examiner, also known as a revenue agent or tax collector also pays well. Getting paid $25.00 to collect unpaid fees and perform audits is good money.
There are many great jobs out there just waiting for you. Deciding on a career change is not always about making more money, but when it works out that way, it’s almost always a good thing.
Recession Proof Jobs
A new career may just be what the doctor ordered or maybe it’s just something on your wish list. Being stuck in an unhappy field of work can be stressful and can affect many different aspects of your life, both personal and professional. If you have been considering new options, or have had your job affected by the recent economic turmoil.
With an average annual salary of $73,000 US, Computer Software Programmers and Engineers are in high demand. These skilled folks ensure computers perform well by testing all the software applications and system functions. With increased security alerts and concerns, this field is expected to jump in demand 21 per cent by 2018. In 2009, there were approximately 1.5 million computer engineers and programmers out there. A To earn these big bucks, most employers are seeking candidates that have a bachelor’s Degrees in computer programming, however, an associated degree or even a certificate may get you in the door.
We love to hate them. Accountants and Auditors are sometimes our least favourite of people of all but they play a very important role in the world. When we find ourselves lost during tax season, who do we run to? This career is sure to be strong well after the recession. It’s estimated that there will be approximately 1.5 million auditors and accountants in the field by 2018. It’s vital that they keep our public records straight, analyze our financial situations and keep us out of trouble with the IRS by preparing tax returns. Pulling in a healthy $65, 000 US a year, accounts with a bachelor’s degree in accounting are the most sought after. If you’re a go-getter and are seeking a higher position, getting a masters in business administration or accounting will do the trick.
Regardless of how computerized the world becomes, there will always be a need, and most likely a shortage, for Medical Assistants. For a solid career that can take you many places, providing the much-needed assistance in any medical office is a good choice. Whether it’s a dentist, chiropractor, podiatrist or physician, their need for administrative medical assistants is in large demand. With the rapidly aging population combined with medical advancements, this area of expertise is forecast to grow by 34 per cent over the next few years.
Registered Nurses are also in high demands as RN’s typically give advice and treat patients. Registered Nurses are the largest of the health care population, currently holding 2.6 million positions with an anticipated 22 per cent increase in demand by 2018. Getting a bachelors or associates degree from an approved nursing program will have you qualified in no time and will ensure earning around $65,000 US.
Getting a new career can give you the well-earned boost you need. Check the demand for your potential new career in your area. Also do a little research to find out what individuals in similar careers are earning in your region.
Managing Your Credit
If you are new to the credit card game and are seeking some tips on how to use your new plastic wisely, there are a few basics that could keep you out of trouble. The first rule of thumb is to realize how to preserve a good credit rating. A credit card can be a very powerful and easy way to establish a good credit history. If mistreated, it can also be the tool that sends you sinking.
Having a credit card is a great way to exist in the electronic world. Once you get the hang of owning one, you will find its convenience to be, well, convenient. A great way to take care of your new best friend is to always pay on time. Paying the required minimum balance will keep your account in good standing, but paying more than that, or as much as you can afford, will keep you out of debt. Paying off the balance in its entirety each month is the surest way to remain debt free.
Stay as far below your credit limit as possible. If a creditor sees you often max out your card or run it up to 80 per cent of its limit, this can damage your rating and any chances of a loan. Keeping your spending within the 30 per cent to 50 per cent limit of your credit allowance will fair much better with your credit score as well as any potential lender.
It’s very important to keep a close eye on your credit report. Applying twice a year for a free credit check by mail to Equifax and TransUnion is not overdoing it. There have been instances of people with similar or same names having the wrong reports on their account. It’s important to have these reports corrected, especially if the error is reporting a negative remark. Your credit report will list all credit cards and loans that you have. It will list up to the past seven years of your credit history, each payment missed and by how long.
Keeping a clean credit history should be important to you, especially if you are planning on applying for a new car loan or a mortgage in the future. Building a solid credit foundation is of great value. Many Canadians have had their credit soured by the recession, some even declaring bankruptcy. If you are one of the millions who have bad credit and would like to establish it again but have been refused credit from standard financial institutions, a private lender can help. By getting a loan, not only can you use the money for anything you like, you rebuild your credit at the same time.