Acquire Property at Low Cost on Taking Bad Credit Real Estate Loan

For acquiring an area of land or developed plot, huge funds are needed which are hard to find from own sources. In case of the aspirant labeled as bad credit then taking necessary finance becomes tough task. Bad credit real estate loan comes to the rescue of these fund seekers. The loan can be availed at lower interest rate despite bad credit. Thus the loan goes a long way in lowering the cost of acquiring property.

Bad credit real estate loan is mostly offered by banks or financial institutions. They closely look into borrower's credentials like credit history; credit score to decide over loan approval. Credit cards, mortgages, bankruptcy filings and other information's also count a lot in the loan offer. The loan seeker's credit worthiness is represented well in his credit score which on FICO scale ranges from 300 to 850 and credit score below 580 is considered risky and bad credit for loan offer.

Your bad credit does not come in the way of taking bad credit real estate loan and acquiring property if you decide to opt for the secured version of the loan. The aspirant buyer has to secure the loan through any of his property such as home, placed with the lender as collateral. After the loan secured, one can ask for any amount of loan to buy real estate. Another way of securing the loan that the lender takes the deal papers of the concerned property in his possession. The deal papers are returned back only when the loan is fully paid off. The borrower, meanwhile, can use the property as he likes.

If secured, the loan is offered at lower interest rate which can be reduced further once the property buyer compares different lenders for lowest possible interest rate as each lender has own rate. Also, if borrower asks for a lower amount than equity in collateral, the loan is availed at reduced interest rate. You can comfortably return the loan in 5 to 30 years period.

Another way to avail the loan is to use good credit of your business partner who can join you in buying the real estate. This is very popular way of availing loan in business circles. This way your partner's good credit becomes yours and you take the loan at relaxed conditions. In lieu of good credit you can offer a portion of business to your partner. Meanwhile you should make efforts to improve credit score. To do this, pay off bills in time. Credit rating can be improved on forming your own business venture that will give you a regular income and a good employment history.

Prefer online for applying the loan. This medium allows you access of numerous lenders and you can compare loan packages for easier terms-conditions including interest rates.

Bad credit real estate loan is of great help for acquiring real estate at lower interest rate and low cost. Make sure you pay off the loan installments in time to avoid any debt trap.

Tim Kelly is an expert in finance having completed his LLM in Finance (Master of Laws in Finance) from Institute for Law and Finance at Frankfurt University. He is currently working with Commercial Real Estate as a financial advisor. To find bad credit real estate loan [http://www.commercialrealestateloan.co.uk/Commercial_real_estate_loan.html], commercial real estate loans, commercial real estate loan rate, commercial real estate loan major that best suits your need visit [http://www.commercialrealestateloan.co.uk]

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AMEX Platinum Credit Card - A Blend of Luxury and Convenience

Your AMEX Platinum Credit Card automatically enrolls you to the Membership Rewards Programme- Frequent Traveler Option. It provides you with numerous benefits like Frequent Flyer tickets and luxurious hotel accommodation across the globe. Irrespective of your shopping location, you earn two, Membership Reward points for every $1.60 charged to the card which is just the double of what the other cards offer without any insecurity as these points have no expiry date whatsoever. Other than these there are some exclusive Platinum membership privileges which you can enjoy to your heart's content.

If your statement's Opening Accounts Balance minus the total monthly payment is $2000 or more then you can earn 200 bonus points every month and you can pick from over 200 choice rewards including the services of Frequent Flyer Partners, Frequent Guest Partners and Hotel Partners. If you still want more, here is another coming your way. If you buy your travel tickets with your AMEX Platinum Credit Card, you get free travel accident insurance of up to $1 million. You also get exclusive Platinum Rewards with the AMEX Platinum Credit Card; hence you are spoilt for choices.

The other name for AMEX Platinum Credit Card is "SECURITY", as American Express does not hold you responsible for any unauthorised charge on your credit card, online or offline, so you can shop with confidence and ease. What more, the Platinum Line of Credit annual fee at $70 is waived for you if you are an AMEX Platinum Credit Card member, hence you can use it without apprehensions as the Platinum Line of Credit raises your credit limit to up to two times of your monthly income with a guaranteed rate of 12% per annum and it is also accompanied by a personalized cheque book to make the proceedings easier for you, though it is all subject to approval.

Protecting the outstanding balance on your credit card is quite simple at $0.35 for an outstanding balance of $100. Depending on when you purchase, when your statement is issued and whether you are carrying forward a balance on your account from the previous statement period you can enjoy the benefits of up to 51 interest-free days on the purchases with your AMEX Platinum Credit Card. You can pay the bill in full or over a period of time. You can also enjoy amazing savings on interest charges when you transfer your balance from another credit card to AMEX Platinum Business Credit Card, though there is no interest-free period for cash advances and balance transfers.

The AMEX Platinum Credit Card not only looks after you but your loved ones as well as two of them can enjoy the privileges of Platinum Credit Card membership if you give a fee-free Supplementary Card worth $150 each to them. There is assistance everywhere should you require them and if your Platinum Credit Card is lost, damaged or stolen it can be replaced within one business day in case of emergency and that too anywhere in the world.

With no annual fee, an intro period of 12 months, 0% intro APR for purchases and an option to enroll in fee-free rewards program, the AMEX Platinum Business Credit Card is a golden opportunity.

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Cash Rebate Credit Cards - Benefits and Detailed Descriptions

The cash rebate credit cards are very helpful to the people who make big credit card purchases. The cash rebate rates vary from credit card to credit card. There will be normally 1% cash back on general purchases and 5% on specific purchases. The rebate rates are depending on the type of card the customer chose from. I will personally recommend to the people not chose this card, if they could not pay off their credit card balances every month. It is because, the APR rates are comparatively higher than other credit cards. here are lots of new credit cards have been introduced in this category. Let see the most recommendable Cash Rebate Credit Cards offers, their benefits and detailed descriptions.

Discover® More Card This card offers 0% Intro APR for Purchases and Balance Transfers for 12 months and 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. Provides up to 1% Cashback Bonus on all other purchases automatically. Provides $0 Fraud Liability Guarantee and easiest online account management options. There is no annual fee. The card members can DOUBLE their Cashback Bonus (turn $20 into $40) when they redeem for gift cards or certificates from many of the 70 brand name partners.

Discover® More American Flag Card This card offers 0% Intro APR for purchases and balance transfers for 12 months and 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. Provides up to 1% Cashback Bonus on all other purchases automatically and unlimited cash rewards that never expire. Provides $0 fraud liability guarantee and easiest online account management options. There is no annual fee and the card member can DOUBLE their Cashback Bonus (turn $20 into $40) when they redeem for gift cards or certificates from many of the 70 brand name partners.

BP Visa® Rewards Card This card offers double rebates for two months and 5% rebates on all participating BP location purchases. Provides 2% rebates on all eligible travel and dining purchases and 1% rebates on all other eligible purchases. There are no limit on rebates and the card member can redeem every $25 rebates for: BP Gift Card, cash, donation to the Conservation Fund.

Discover® Student Tropical Beach Card This card offers 0% Intro APR on Purchases for 6 Months and there is no annual fee. Provides $0 fraud liability guarantee and easiest online account management options. Provides 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. The card members will earn up to 1% Cashback Bonus on all other purchases automatically.

Discover® Motiva Card This card has its own specific advantages like the card members can Pay-On-Time bonus equal to a full month's interest each time they make 6 on-time payments in a row– twice a year, every year when they pay on-time every month. Provides 5% to 20% Cashback Bonus at top online retailers through the exclusive online site. The card member will earn up to 1% Cashback Bonus on all other purchases and unlimited cash rewards that never expire as long as the card member use the card. There is no annual fee.

Chase Free Cash RewardsSM Visa® Card The card members earn 1 point for every dollar in purchases and they can choose from a variety of great brand name products. Provides 1,000 Bonus Points with the first purchase and Intro 0% fixed APR for up to 12 months on all purchases and balance transfers. The time period for the introductory APR and the balance transfers to which it will apply will be based on the review of the applicants application and credit history. There is no annual fee. The card members can get their rewards with as few as 2,500 points choose from either a $25 check or a $25 gift card or certificate from leading national merchants for every 2,500 points earned.

Discover® More Wildlife Card This card offers 0% Intro APR for purchases and balance transfers for 12 months and 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. The card member will earn up to 1% Cashback bonus on
all other purchases automatically and also eligible for unlimited cash rewards that never expire. Provides $0 Fraud Liability Guarantee.

Chase PerfectCard™ MasterCard® This card is named as STREAMLINE YOUR WALLET. The card member will earn rewards at any gas station to maximize their rebates! This card also provides excellent rebate offers to its members such as, provides 6% rebates on all gas purchases at any gas station for the first 90 days, 3% rebates on all gas purchases at ANY gas station after the first 90 days, and 1% rebates on all other purchases made anywhere. Provides 0% Intro APR and the time period for the introductory APR and the balance transfers to which it will apply will be based on the review of the applicants application and credit history. There is no annual fee.

Discover® Student Card This card offers 0% Intro APR on purchases for 6 Months and there is no annual fee. Provides $0 fraud liability guarantee and easiest online account management options. Provides 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more and 1% Cashback Bonus on all other purchases automatically. The card members can DOUBLE their Cashback Bonus(turn $20 into $40) when they redeem for gift cards or certificates from many of the 70 brand name partners.

Discover® Student Clear Card This card offers 0% Intro APR on purchases for 6 Months and there is no annual fee. Provides $0 fraud liability guarantee and easiest online account management options. Provides 5% Cashback Bonus on purchases in popular categories that change four times a year like home, apparel and more. Provides up to 1% Cashback Bonus on all other purchases automatically.

Citi® Home Rebate Platinum Select® MasterCard® This card offers full 6% rebate on Utilities, Cable/Satellite TV, Internet Connection, and Telecommunications for 6 Months. This card holders will get a statement credit instead to start saving for their Dream House. Provides full 1% on all other purchases and rebate automatically applied to the card holder's Mortgage Principal. There are no cap or Limits on the amount of rebates that the card holders can accumulate in a Year.

The Chase Business Cash Rewards Card This card offers its card members to earn up to 5% cash back with unlimited rewards potential and with no merchant or category spending restrictions, the card members can earn points by shopping wherever they want, for whatever they want. Offers 0% APR on purchases and balance transfers for up to 12 months and there is no annual fee. The card members receive quarterly management reports and they can receive additional cards to their employees.

Blue Cash® from American Express: This card offers up to 5% Cash Back with unlimited Cash Rewards and unlimited cash back earnings. Offers 0% Intro APR for 6 months and low balance transfer rate - 4.99% fixed APR for the life of the balance. There is no annual fee.

The Chase Business Rebate Card This card offers 3% cCash back for purchases at restaurants, gas stations, office supply stores, building supply stores, hardware and home improvement stores and 1% cash back on all other purchases. Provides 0% APR for up to 12 Months on purchases and balance transfers. there is no annual fee. The card members can get free additional cards for their employees, free quarterly reports, and other online account management tools to help them keep track of their business expenses.

Money Return Visa® Platinum The card members will get back 10% of their yearly interest charges. Provides 0% Intro APR on purchases and balance transfers for the first 6 billing cycles. There is no annual fee. Provides online banking service and total security protection.

Efectiva™ Visa®: This card member will earn points towards cash back. This card offers 0% (APR) on purchases and balance transfers for the first 6 billing cycles. The card member earn 5 bonus points with the first purchase. Additional advantage is that the card member get bilingual communications and services in English or Spanish. There is no annual fee.

TrueEarningsSM Card from Costco and American Express The card members earn 3% cash back for eating out, 2% for traveling, and 1% everywhere else, including at Costco. There is no annual fee. Provides the flexibility to pay charges in full each month or over time and there is no limit on the cash back earned. The card member can doubles as their Costco Membership Card. The applicant nust be a Costco Member to apply for this card.

Chase Freedom Cash This card offers 05 intro APR and the APR period is for 6 months. There is no annual fee. The card member can Earn 3% cash back for every eligible $1 spent in purchases at Grocery Stores, Stock up on food, household goods and more. Also earn 3% cash back for gas station purchases such as using the card for fuel, repairs, car washes, and other purchases. The same 3% cash back offers also applicable for purchases at Quick Service Restaurants, the rewards add up fast from pizza to hamburgers to tacos - even sandwich shops, coffee houses and more. The card members earn 1% cash back for every $1 spent in purchases everywhere else. The card members get a $50 Check once they have earned $50 in rewards. The card members can save up to $200 in rewards and redeem for $250 cash back.

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Partnering With Business Credit Card

As a businessman, to start a business or planning it can be very tricky. It requires studying in-depth and understanding of the ups and downs of a business cycle. You also have to know about the right business proposition that will sell. It is not just investing your money to a business idea. Hard work and determination to succeed is highly essential.

Finding the right business opportunity and selecting what type of business to begin is a grueling work when dealing with a wide range of opportunities. It's crucial to know where your interest lies and to understand your talents and personality to rightly blend with the business needs.
Does your heart lie in the field of healthcare? Do you wish to offer a professional assistance and counseling to customers? These questions will guide you as you go ahead with the process of business conceptualization.

After you have taken the basic steps on the idea of a small or medium sized business that you wanted to, you will need finance to start your business. This is the most significant part in business completion. And your business would not move ahead if you do not have a business partner - the silent partner of your business who will financially support you! It is your business credit card.

This is exactly why business credit card are being introduced and promoted in the market by many banks for the reason that many business people require such assistance. You do not have to invest your personal money to finance your business. The bank is always willing to help a business man who knows tricks of the trade to run his business.

Office chairs, tables, office supplies, computers, faxes, and other office requirements can be fulfilled with the help of a business credit card. The rent, phone lines etc. should be ready prior to business opening. Such things are necessary to deal on daily basis in a business. Moreover, when you buy with a business credit card, you can earn bonuses and rewards too. When you use business credit card for business purchases, many discounts and cash back will be offered to you. Hence, for your business, get business credit card the best partner to turn your dreams into reality.

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Manage Your Business Credit Score As Capably As the Rest of Your Business

If you run a small business there are 1000 things to take care of everyday. While you focus on generating income, keeping expenses down, managing your employees, and getting that marketing plan in shape, thinking about your business credit rating may get pushed to the back burner.

Ignoring your business' credit score could turn out to be a fatal mistake. You work hard to maintain a good image to your customers. You should be just as concerned about how your credit report looks to potential lenders and business partners because that is what they are going to look at first. The public does not have access to your personal credit score unless you give somebody permission to see it by applying for a loan or other form of credit. Your business credit score is a different story, however. There may be a potential business partner out there right now, or even a potential buyer for your business, looking at your business credit report and score and making a decision about what they will do next based on what they see.

You can learn how to manage your commercial credit and integrate that activity into your daily routine. Here are some tips to get you started.

1. You must know what is in your business credit report at all times. You must also understand how to read it. Your report will be used by others to make important decisions about your company, like how much money a lender would loan you, how much credit suppliers will extend to you and what interest rates they may charge.

2. Make sure that the business information in your credit report is accurate and up-to-date. Inaccurate and outdated information may create exactly the wrong impression about your business. And it does not have to.

3. Sign up for a monitoring program that alerts you when a change has been made to your credit report. Unexpected changes could mean a fraudulent use of your business credit information. Alerts also include notifications on inquiries gained and new trade lines. You can also protect your business from nonpaying customers, partners and suppliers by checking their business credit report before you do business with them.

4. Separate your personal and business credit lines. When you started out in business personal guarantees and using your personal credit were unavoidable but as you grow larger you can establish purely business credit lines. If you are big enough to do that now then that should be priority number one. This separation can work both ways. If the business runs into trouble you do not want it adversely affecting your personal credit score, and vice versa, you do not want personal credit issues affecting the ability of your business to buy inventory and supplies on good credit terms.

5. Your business credit report is part of the image and reputation of your business. You will help your business grow by taking an active role in managing your credit report and score. Ask your lenders, suppliers, and creditors if they are reporting your good payment history to the credit bureaus. You should also get points for doing things right.

Be a smart business manager. Put check my credit score [http://how-can-i-fix-my-credit.com/] on your to-do list at the beginning of every day.

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Guide on How to Manage a Joint Credit Card Account

If you are planning on setting up a joint credit card account with another person, you have two choices. You can add the person in question as an authorized user or to add the person as a second joint account holder. As an authorized user, the person is not legally responsible for making payments on the card but he can make purchases using the card. On the other hand, a joint account holder has the same level of responsibility in payments just as the original owner.

In order to help you manage your joint credit card account, consider the following tips:

One: Because maxed out credit cards are bad for your credit scores, you need to set up a maximum amount of balance in order to avoid hurting your and the other person's credit score and keep the total balance in manageable level. Ideally, do not carry a balance that is more than 30% of your credit limit.

Two: In order to avoid any nasty surprise when credit bills start pouring out, set a limit on the amount of money you and your partner can use for larger purchases. On the other hand, if you know you have to make purchases that many exceed your credit limit, it is best to discuss the situation first with your partner before you go ahead and buy the item.

Three: Always let each other know if either one of you made a purchase. Of course, you do not need to report every single activity you make with your credit cards; you just need to share information to the other person in order to avoid each from exceeding the credit limit.

Four: Always check the balance before you use your card. Since you are not the only person using the card, it is possible for the balance to not stay the same as it was the last time you checked it. Therefore, it is best to check with your card company to determine the precise amount of balance you have on your card before you use it.

Five: Do know that regardless if you have a joint account or an account with added authorized user, both parties' credit will be affected by each other's credit habits. In hindsight, adding someone to your personal account is a huge decision which is why you need to make sure you are sharing it with someone who can handle his expenditures well. If you happen to share it with someone who is a compulsive buyer or someone who cannot keep track of his expenses as at all, you may be risking getting bad credit.

Six: Understand each other's spending habits. If you are prone to spending large amount of money on your card and your partner is not (or vice versa) you need to take this issue in consideration before you share one account. One way to do this is to imposing certain limits on expenditures or letting the other person know when you are about to make expensive purchases. This way, both parties can determine each other's spending habits while also avoiding any nasty surprises once the billing statement arrives.

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Partners' Accounts and Allocation of Profits Capital and current account

The partnership agreement provides for a fixed amount of capital to be contributed by each partner, it is preferable for the amounts therefore to be credited to the respective partners' capital accounts, and for partners' drawings, salaries, interests on capital and shares of profits to be dealt with the current account.

This enables a clear distinction to be made in the accounts between fixed capital and not drawn profits.

Partners' loan accounts

Where a partner makes an advance to the firm as distinct from capital, the amount therefore should be credited to a separate loan account and not to the partners' capital account.

Interest on a partners' advance or loan at the agreed rate or, in absence of agreement, at 5% per annually should be credited to his current account and debited to profit and loss account as an expense of the business in arriving at net profit.

Allocation of partnership profits

The formula for allocation of partnership profits between the partners will usually be set out in the partnership agreement. The formula may take account of some or all of the following adjustments:
• Interest on capital
• Interest on drawings
• Partners'' salaries
• Profit-sharing ratios

Interest on capital

By making notional charge against profits for this expense at a fair commercial rate on the capital employed in a business, it can be seen whether the balance of profit remaining is sufficient to satisfy the continuance of the firm with unlimited liability, since the interest charged may be regarded as approximately the income the partners would have derived from the interest of their capital in securities involving little or no risk. Apart from this, however, where there are two or more partners with unequal capitals, the effect of charging interest on capital is to adjust the rights of the partners as between themselves as regards capital, giving each a reasonable return on his capital before dividing the balance of profit in the agreed proportions.

Interest on drawings

Where that is charged, it is usually calculated at a fixed rate per annually from the date of each drawing to the date the accounts are closed and taken account of in the statement of allocation of net profit in a similar way to interest on capital.

Partners' salaries

In the absence of agreement no partner is entitled before arriving at the amount of divisible profits to remuneration for his services to the firm.

Where the agreement provides for the payment of salaries to partners, it should be appreciated that such payments, although designated salaries are, like above expenses, merely in the nature of preferential shares of the divisible profit. The amounts such salaries should therefore be taken into account in the statement of allocation of net profit.

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