Why You Should Consider a Business Platinum Credit Card

A business platinum credit card is not one of the regular business credit cards with a unique feature where not only you but your business also benefits from it. Apart from offering various freebies and discounts, what makes a platinum credit card special is its low interest rates and the flexibility it offers.

Benefits & Features

A business platinum credit card allows you to vary your spending every month and gives you the flexibility of spending without present limit, which makes it easier for you to spend the amount that you need. This credit card offers you flexible payment options, with features like paying less when the rate of investment has plummeted. Moreover services of the credit card can be extended to the employees as well. The regular payment of the due amount within due date can work towards imposition of lesser interest rates by the credit card company. This in turn enhances your credit limit and a good credit history.

Platinum credit card’s strength is security provided by it to the consumer; that is you pay only for the authorized purchases. There is an option of getting a customized credit card wherein you can pick and choose the services and the adjoining offers, discounts and bonuses. You can avail benefits, such as, collision damage waiver, coverage for vehicle rentals, emergency cash disbursements and card replacements with minimal additional amount. This business credit card can be a useful way of tracking the spending habits of your employees and yourself as well. The regular credit statements help you to prioritize your expenditure and designing the budget as well.

Frequent travelers can find it beneficial in more than one way, by using credit card for purchasing the tickets; you not only avail discounts but also accumulate flying points with every flight you take. These points then can be cashed or converted into a ticket. There are business credit cards offering cash-back as well, although the terms and conditions may vary with the company and the service on offer, but the benefits are more or less the same.

Zack Nelson recommends Find Credit Cards to find a business platinum card.

Why Go For a 0% Intro Rate Credit Card

Although really, the question should be, why shouldn't you go for a 0% intro rate credit card?

Before we dig into that question however, let's first concentrate and the merits of having your own credit card. Indeed, a lot of people who have never owned a credit card in their whole lives tend to disparage the necessity of owning one, saying that credit cards would just push you to a life of heavier indebtedness but really, how would they know that if they haven't yet tried owning a credit card?

Indeed, owning a credit card could lead you to being heavily indebted but that's only if you allow yourself to spend more than you should. It's not the credit card company's fault if you tend to spend beyond your credit limit, is it? And do consider the advantages of owning a credit card as well. There are a lot of instances that you find yourself short in cash. What do you do next if there's no one at the right place and time to lend you money? But you see, you don't have to worry about that when you own for yourself a credit card.

Besides that, owning a credit card also allows you to purchase something you truly love or desire but is beyond your present means. And after purchasing the object of your desire, you can simply opt to pay for it by installment! Without a credit card, you wouldn't be able to buy yourself a brand new mobile phone because it's way beyond your budget. But you need and want it now! Well, with a credit card, that dream can easily turn true.

And now, we turn to the focal point of our article: a 0% intro rate credit card. There are many types of credit card to choose from but we're concentrating on the 0% intro rate credit card because we believe it could be of benefit to you especially if there are some things that you want to buy but are quite expensive.

With that particular situation, a 0% intro rate credit card would be most advantageous because it would allow you to purchase what you have planning to purchase for quite a long time now and pay for it in installment without having to worry about exorbitant interest rates!

Make sure however that you get to pay for the full amount of your purchase well before the intro period is over so that there's no need to get anxious about the interest rates.

Which Credit Cards Should You Avoid

Just as there is no best credit card for everyone, there's no single one that stands out as the worst, or one to avoid. It's all about finding the one that fits your needs and your circumstances. It may be easy to say 'avoid any credit card that has an APR above x%' - but there are people out there who need a card and can only qualify for one with a high APR. If one doesn't compare credit cards based on APR or annual fee, then how does one determine which are best avoided?

Rather than putting together a list of credit cards to avoid, it's far more profitable to pay attention to a list of do's and don'ts that will help you select the best for your circumstances and situation.

1. Know yourself. There are some very good comparison websites where you'll find guides to selecting the best credit card for your spending and money management style. In general, if you tend to pay your accounts in full each month, apply for a card that offers you rewards for using it on things you'll purchase anyway. If you tend to carry balances on your account, pay attention to the APR and avoid those with high APR's and late fees that kick in with a vengeance.
2. Know the credit cards you're applying for. Do your homework before you make applications. Take the time to read cardholder agreements so that you know all the fees, penalties and conditions to which you're agreeing. In particular, look for the following - all of which have to be outlined in the card member agreement:

   - Annual fees or participation fees which will be charged to your new card. You'll be liable for the first year's fees even if you never use the card.

   - The APR (annual percentage rate) is the interest rate that will be charged on your outstanding balance. The agreement must also disclose whether the rate is fixed or variable, and if it's variable when and how often it can be changed, and how much notice they're required to give you.

   - Transaction fees for particular transactions, like cash advances, may be additional. Those need to be listed in the agreement.

   - Any monthly fees for your card. Some credit card companies charge a monthly fee whether or not you use the card.

   - The method used to compute the interest on your balance can make a big difference in the fees that you're charged. Knowing how and when those fees are computed can save you a considerable amount of money.

3. Avoid 'fake' credit cards. Be sure to read all the information about the options you're considering carefully. There are some offers that imply that you'll get a major credit card with a large spending limit - but the card that you actually get is only valid if you purchase items from their catalog or online merchants. You'll pay a premium price for a limited number of products at high interest rates - and in most cases, you'll pay a high annual membership fee and monthly participation fee which you'll be billed for even if you never use the card.

When you're looking for the best credit card, make sure you take the time compare all the options before making your applications.

Jon Francis has been involved in various areas with the world of finance and has a keen eye for a bargin! He has an in-depth knowledge of the credit card UK market and now helps others get the best from a credit card. For more information visit ==>http://www.moneyeverything.com

Where and How to Get a Cash Loan

Having money is good… but sometimes you find that you simply don't have enough to do the things that you either want or need to do. When you find yourself in one of these situations, it may be time to think about getting a cash loan.

As the name implies, a cash loan is when you borrow money (usually in cash form, though it is often presented as a cheque as well for ease of transport and availability) which you must later repay with interest.

If you think that getting a cash loan might help you with your current financial situation but aren't sure exactly how to go about getting one, then consider the following a good first step to finding the cash loan that you need.

Determining how much you need

The first thing that you should do when looking for a cash loan is figure out exactly how much you need to borrow. This means that you're going to have to consider exactly what you need the money for, how much whatever you need the money for is actually going to cost, and how much of that money you'll be able to provide up front before you borrow.

You'll generally want to be able to cover at least a good percentage of the amount yourself, in order to minimize the amount that you have to borrow and then pay back with interest. Once you've figured out the total cost minus the amount that you can cover yourself, then you'll know how much you're going to need to borrow.

Finding potential lenders

Next, you're going to have to take a little time to scope out potential lenders who might be willing to issue you the cash loan that you want. Take some time and find out what lenders are available in your local area, making sure to consider both traditional lenders such as banks and other lenders such as finance companies and automotive title lenders. Realize that each lender might have different requirements for issuing a cash loan, and that each will likely have different interest rates and repayment terms depending upon the item that you're using as security for the loan, if any.

Comparing loan offers

Once you've compiled a listing of potential lenders in your area that might issue you a cash loan, it's time to start shopping around for loan offers in order to determine which lender is right for you. Use the same collateral for each loan quote, and make sure that you request the same amount… after all, you want the different loan offers to all be on the same level so that you can get a better view of which one is truly the best loan.

Carefully compare the different loan offers that you receive to each other, judging them not only on the interest rate that each lender offers but also the repayment terms including the time that you have to repay the loan and what payment options are available to you.

By shopping around for loan quotes and carefully comparing the quotes that you receive, you're more likely to find the best cash loan that you can get in your local area. Just be sure to make your loan payments on time, and try your best to pay more than the amount owed on your payments… after all, this can help you to pay off the loan faster, and can save you a lot of money on interest.

You may freely reprint this article provided the following author's biography (including the live URL link) remains intact:

When Will the Loan Application be Approved

Some people may urgently be in need of a loan to cover emergency expenses. But when they apply for a loan, how long will they wait to have the loan approved and the money sent?

A loan is sought by people for various needs. Sometimes, a loan is needed to send a person to college. And sometimes, a loan is utilized to cover the expenses of a vacation. In both cases, the need for the loan is planned for a long time. However, there are cases when applying for a loan was not part of the plan. This is because sometimes, a loan is sought by people not for the regular daily expenses but for an unexpected and emergency need for extra funds.

In such cases, time is also important. That is, the loan applicant needs to know if applying for a loan from a certain lending company will make the money arrive at the time when it was needed most. Thus, the question that needs to be answered is “how long will a borrower wait for the loan amount to arrive?”

The borrower need not wait too long

When a person decides to apply for a loan online, they will spend only a few minutes filling out the application form. This online application form is usually user friendly. A person who is already familiar with Internet may take only a mere five minutes. While a person who is relatively new to the Internet may take a little longer.

Once the online application form is submitted, the loan applicant must wait for a few days before receiving a response from the lending company. Whilst waiting, the borrower is advised not to apply for more loans. The loan applicant is restricted to waiting for an email notification of the lending company’s decision.

The Written Confirmation

The email notification may arrive the day after the application has been submitted. But the email notification is just a conditional decision of the lending company. This is because a lending company in the UK must still send a written confirmation of its decision of granting the loan. Such a written confirmation usually arrives in less than a week. With the confirmation letter, other forms are also sent by the lending company. These forms must be signed and returned. After this has been done the loan amount will be paid out.

Other services that add convenience

To make the process faster, some lending companies offer several services. One service is the courier service. The courier service is supposed to safely deliver the cheque. Another service is the direct transfer of the money from the lending company to the borrower’s bank account. This certainly reduces the hassle of cashing the cheque. All services are meant to make the process more convenient for the borrower. But the borrower is usually charged an amount for these services

You may freely reprint this article provided the following author's biography (including the live URL link) remains intact:

When the Payday Loan is Denied

Most people who submit requests or applications for payday loans are approved during the day and they receive the amounts they loaned during the next day. This is because lenders demand only the minimum requirements. There are, however, few instances when the loan application is denied. Here are ten reasons why a person’s loan application is not approved.

1. The potential borrower is not holding a job. The payday loan is a loan against the wage that an employed person receives. Without employment there is no payday and no capacity to pay the loan.

2. The potential borrower has filed for bankruptcy during the year. While lenders do not check a person’s credit history, they are concerned about the person’s capacity to meet his financial obligations. A bankruptcy is a declaration that the person can no longer support himself financially. And one year is not sufficient time to recover from such financial mess.

3. The potential borrower has been employed for less than the required number of months. Most payday lenders require a client to be holding his current job for at least six months. If a person has been employed only for five months and he needs a payday loan, he must search for a lender who will likely accept his present employment situation. There are a few lenders who require a client to be employed only for at least three months.

4. The checking account of the potential lender is relatively new. Payday lenders prefer clients who are fairly stable and a good indication of this financial stability is a checking account which is at least three months old.

5. The monthly net income of the potential borrower is less than the required income. The required income is usually $1,000. If a person receives less than this, the lenders will assume that he will not be able to pay any amount that he will loan.

6. The potential borrower has a considerable number of overdraft fees and/or NSF in his checking account. Such will alarm the lenders because the NSF and overdraft fees indicate that the person is not a dependable borrower.

7. The potential borrower has unpaid payday loans or returned checks. Similar to the previous situation, these outstanding loans will urge lenders to deny the application.

8. The identity of the potential borrower cannot be confirmed. This often happens when the borrower uses a false name or provides inaccurate information. This also happens when the contact information provided by the person cannot be used. Obviously, the lenders will not release funds to an unknown entity.

9. The payday lender cannot easily or directly establish the bank account information provided by the potential borrower. The lender tends to assume that the bank account no longer exists or is not valid.

10. And lastly, the potential borrower receives his wage once a month. Payday loans are short-term loans and the loan period is usually within 18 days. Employees who are paid monthly do not satisfy this requirement.

If a person’s loan request is denied but not due to any of the ten reasons above, he should contact the payday lender and ask for details.

Grace Palce is writing short term loan and cash advance articles for the same day payday loan site and faxless payday loan articles for her other site. Besides maintaining her own sites she has also guest-written several articles for the Credit Repair Guy's site.

Tags: Cash Advance, Payday Loan, Faxless, No Fax

When Investors Say No - Maybe Your Bank Will Say Yes (with a Little Help from the Government)

Small Business Administration (SBA) loans are provided to loan seekers under section 7(a) of the Small Business Act. This Act gives power to the Agency to sanction loans to American Small Businesses. Founded on July 30, 1953, the U.S. small Business Administration has provided loans, loan guarantees, contracts, counseling and other type of assistance to small businesses. Most American banks and non-banking lenders participate with SBA in 7(a) loan program.

SBA loans are provided to the borrowers against a guarantee for a percentage of loan amounts, if deemed necessary by the SBA loan providers. In case of default, the Agency is, in no way responsible to pay the entire amount – it only reimburses the guaranteed amount to the commercial lender. The borrower is obligated to pay the entire loan. The Government or the Agency (SBA) can neither offer loans as it does not have resources nor can it compel the lender to provide the loan. A loan applicant should contact the lender directly and not SBA.

Loan seekers repayment ability is the top consideration in sanctioning these loans. Other important considerations like good character, management capability, collateral and business owner equity also play an important role in sanctioning of a loan. Apart from the above conditions, the eligibility requirements are quite flexible and accommodate a varied range of small business financing. Factors like size, type of business, use of proceeds and availability of funds from other sources are taken into consideration. Business should be earning profit and should not already be using its internal sources. The business head, is required to submit a “Statement of Personal History” to check his past credit record and other tangible matters and to prove his credit worthiness.

There are certain provisions that apply to most of the SBA loans. Variations can occur for some loan programs such as the limit of maximum loan amount to be provided, maturity terms, rate of interest applied, percentage of Guaranty, Loan fee charged by SBA and pre-payment penalties. All these terms and conditions are settled between an applicant and the participating financer, according to the requirements of the SBA.

Learn more about the SBA loan program for your startup company (programs for minority and woman owned businesses): http://www.hjventures.com/sba/sba-loan-terms.html

About The Author
Howard Schwartz is a partner in several business strategy groups, including HJ Ventures International, Inc. Howard has worked with hundreds of entrepreneurs worldwide with a focus on writing Business Plans for companies interested in raising capital from Venture Funds and Angel Investors. Howard’s business plans have secured several million dollars in funding. For more information: