Prenuptial Agreements – The Before Marriage Divorce Contract

A prenuptial agreement, also called a “pre-nup”, or “premarital agreement”, is an agreement made by couples planning to get married. The pre-nup governs how issues such as dividing marital assets, and alimony will be dealt with if the marriage should end in a divorce.

Without a prenuptial or post-nuptial agreement, a divorced couple’s property will be divided and any maintenance awarded in accordance with Nevada statutes and case law. Any couple looking to save themselves from the circus called, divorce court, should seriously consider a pre-nup. Such an agreement is especially important if one or both parties are on their second or subsequent marriage, if they have children from a previous marriage, or have significant personal assets which they do not want to be subject to the whims of a family court judge.

Are Prenuptial Agreements Enforceable in Divorce Court?

Yes, unless there are defects in their negotiation or content. Originally, most states would not enforce prenuptial agreements because they felt such agreements were “in derogation of marriage”, meaning the agreements work against the principle of married for life. However, in the early seventies, following other states, Nevada held prenuptial agreements to be generally enforceable in, Buettner v. Buettner, 1973. So your agreement will be enforceable if it is properly done.

Why Draft a Prenup?

The most important reason to draft a pre-nup is to save you time and money, if your marriage ends in divorce. By agreeing to terms now, when you love each other, the divorce tends to run simpler, when the bliss has worn off. With a prenuptial agreement you know how things are going to be divided. Giving you peace of mind and costing you drastically less money in divorce attorney fees.

Pre-nups are not romantic. Approaching the conversation is a buzz kill. Most couples find it difficult to discuss the ending of a marriage. You’re in love, and going to be married forever. Why would you need a divorce agreement? Because like life, divorce happens. You have less of a chance of finding your home on fire, and yet you buy home insurance. Signing a pre-nup is not dooming your marriage. Many couples feel siging a pre-nup solidifies each other’s marriage commitments.

What’s in a Prenuptial Agreement?

In 1989, Nevada adopted the Uniform Premarital Agreements Act (UPAA), which can be found in the Nevada Revised Statutes at Title 123A. Under the UPAA, parties to a prenuptial agreement are allowed to agree with regard to:

1. Rights of property which the parties already have or might acquire during the marriage;
2. Any rights to buy, sell, lease or mortgage such property;
3. The disposition of property upon separation, divorce, or death of one of the parties;
4. Alimony; and
5. Any other rights and obligations of the parties which are allowed to be governed by private contract, i.e. are not governed by statute.

Separate property is the main focus of most prenuptial agreements. If you are coming into a marriage with real estate, retirement accounts, or cash, you might want to keep these assets separate from your community property. Community property is divided equally if a divorce happens. Separate property is not divided. A pre-nup often includes a waiver by both parties of any rights in property the other spouse acquired before the marriage. This is important if you who wish to preserve the assets they bring into a marriage.

Couples can also agree that property acquired by one partner after the marriage, which would ordinarily become community property, will remain the separate property of that spouse. For example, you might be halfway to earning a huge bonus, stock options, or maybe a future book deal. By agreeing these assets are to remain separate property you limit this argument in court.

A pre-nup may include language about limiting alimony (aka spousal support) in the case of a divorce. We are even seeing an increase in “fidelity clauses” being linked to spousal support. If a spouse has an affair the spousal support can be limited or increased, depending on your wishes. However, if the elimination or modification of alimony for a spouse results in that spouse needing public assistance, a court may disregard this portion of the agreement.

Two subjects of major concern to many couples contemplating marriage cannot be governed by prenuptial agreements: child custody and child support. By Nevada law, a court must decide these matters based on the standard of the best interests of the child and specific factors at the time of the decision. A premarital agreement signed before children are born would be unable to discuss the future factors. So, any private agreement between the parties on these subjects will not be binding.

When are Pre-Nups Not Enforced?

Prenuptial agreements are contracts between spouses. Like all contracts, in order to be binding, an agreement must be entered into by both parties knowingly and without any coercion, duress or fraud. Because of the closeness of the relationship between engaged persons, courts scrutinize prenuptial agreements especially closely.

First, the agreement must be entered into voluntarily. This means the agreement is not valid if one of the parties executed it under “duress,” a legal term meaning “pressure.” Agreements are often executed under some type of pressure; therefore, not every type of pressure will constitute duress.

While threats of physical violence or blackmail would clearly constitute duress, time between signing the agreement and the wedding date is the biggest culprit. Courts will void a pre-nup because the bride felt pressure to sign a pre-nup three days before the wedding. The typical cause being the emotional stress of having to cancel the wedding, and explain to hundreds of guests why the wedding was canceled. It’s not a gun to the head, but just as scary for some.

The threat of calling off the wedding is not always enough to be duress. Most courts reason that a party has a legal right to call off a wedding at any time. The courts look for other factors such as the unavailability of legal counsel for one spouse, or a one-sided agreement. For more examples of what constitutes duress, see “Voluntary Consent in Prenuptial Agreements”.

It is advisable for couples to allow plenty of time to negotiate and draft an agreement. To avoid the issue of duress being raised in the event of a divorce, couples should again allow several weeks, and even a month or so before the wedding date, for the process of negotiating and executing the agreement. Each side should also consult their own attorney.

Second, the agreement must be entered into “knowingly.” The UPAA requires that both parties be provided a “fair and reasonable disclosure” of the property and financial obligations of the other party. This means that income, real property, bank accounts, investments and all debts must be disclosed. This requirement underscores the advisability of allowing adequate time for consideration of the agreement.

The Nevada Supreme Court has held that where the husband failed to make the disclosures necessary to permit the wife to make an informed decision with respect to the premarital agreement, the agreement is invalid, Fick v. Fick, 1993. The court held that an incomplete list of the husband’s assets, given to the wife shortly before the wedding, and on the basis of which the wife signed the prenuptial agreement, did not constitute full disclosure.

Third, the agreement must be entered into without the presence of fraud. Fraud occurs when a party deliberately or negligently misleads the other party. Obviously, deliberately misstating or concealing one’s financial information would constitute fraud. However, as stated above prenuptial agreements are held to a higher degree of scrutiny than regular commercial contracts; courts require a high degree of honesty on the part of each party, called a fiduciary duty to the other party. Therefore, if the resulting agreement is excessively one-sided, courts will presume the existence of fraud, and, unless this presumption is rebutted in court, will invalidate the agreement.

In Sogg v. Nevada State Bank, the Nevada Supreme Court concluded that a premarital agreement would be presumed fraudulent where it left a wife with no resources or means of support in the event of a divorce, and where the wife probably would have received more under the community property laws of Nevada were it not for the premarital agreement.

The presumption may be overcome by a showing that the party claiming disadvantage was not in fact disadvantaged. Factors to consider include whether the disadvantaged party (1) had ample opportunity to obtain the advice of an independent attorney, (2) was not coerced into making a rash decision by circumstances, (3) had substantial business experience and acumen, and (4) was aware of the financial resources of the other party and understood the rights that were being forfeited.

The court in Sogg, held that where the premarital agreement was drafted by the husband’s attorney, the wife was never given an opportunity to obtain the assistance of her own counsel, was not given a copy of the agreement until the morning of the wedding, and the wife’s business experience was scanty. The court held that the presumption of fraud was not overcome, and the agreement was invalid.
Fair Pre-Nups

A contract is “unconscionable” if it is so one-sided as to be fundamentally unfair. In some states, a prenuptial agreement will be upheld even if it is one-sided and is a bad bargain for one of the parties, as long as it is made voluntarily and with full disclosure by each party. However, the Nevada Supreme Court doesn’t lean this way. In the Fick case, the court took into account the results of the agreement. It invalidated the agreement partly because the agreement eliminated alimony for the wife, which she would have been entitled to, and gave the wife much less community property than she would have received under community property laws. This indicates that Nevada courts will look at the substantive outcome of an agreement in determining fairness and validity.

It is apparent the reasons prenuptial agreements will be rendered unenforceable tend to overlap. In practice, facts which indicate there was not adequate disclosure by a party or which indicate the presence of duress may also be used to find fraud, unconscionably, etc. The overall lesson for couples is therefore: allow sufficient time for negotiation; have separate divorce lawyers available for both parties, disclose all assets, financial information and anything else the other party might reasonably want to know, and to attempt to treat the other spouse as fairly possible.

Home Furniture – Different Pieces for Different Rooms

Furniture provides a place to sleep, sit, keep the personal stuff, arrange things or relax in the backyard. You have different furniture designed for different purposes. The home furniture can be classified according to the below mentioned areas –

Bedroom Furniture: The bedroom is a place where you say good bye to the day and the world and brace yourself for the coming day. The furniture required for this room will let the body sleep in peace and prepare you for yet another day. Every home requires this set of furniture.

  • Bed
  • Chest of drawers
  • Wardrobe
  • Dresser
  • Wall shelves

Living room: The busiest part of the entire house is the living room. Having a casual vibe attached to it, it is the center of all the activities going around the house. You spend most of your leisure time in the living room, reading, watching television or doing the daily chores.

The furniture for the living room is:

  • Sofa
  • Side table
  • Bookshelves
  • TV unit

Study room furniture: For people who like to have a secluded space for studying, reading or working inside the house, need these furniture items in their study room.

  • Study Desks
  • Office chairs
  • Cabinets

Dining room: When the whole family unites for having their meals, they need a dedicated place to eat and serve food. The dining room will have a dining set that will allow people to sit and have their meals.

  • Dining table
  • Dining chairs

Outdoor Areas: Furniture is specially designed to make your outdoor area look serene and beautiful. The material chosen for these furniture items will be different from other furniture items because it will be out there in the sun, winds, rains and snow.

The outdoor furniture comprises of:

  • Swings
  • Hammocks
  • Patio furniture
  • Gazebos.

The home furniture designs will vary from traditional to modern to contemporary depending on the taste and preferences of the individual. The designs can be inspired from some of the greatest works of artists, interior designers and architects. Even if you have consulted some of the designers, state your choice and the style you want to dress your home with.

Grace your home with the best furniture items and give a serene and a calm look to your entire house. Nothing can substitute the utility and importance of the right kind of furniture in the house. All you need to do is to pick the right kind of furniture for each room. The home furniture should grace your interiors and outdoors beautifully.

Top Ten Questions for Professional Floor Service

If you are ready to hire a professional service for your floor work, then you need to do some homework. You should always investigate any company you are entrusting with your business or home floors. You want them to be professional, have a good reputation, provide references, and be economical. So be sure and check out three or four services to compare them and allow you to have enough choices to compare.

In order to get professional quality service for your hard surface floors, the professional janitorial floor company should be asking you some questions. Professional floor technicians have to know your floors, your business and your objective.

These are some questions a professional janitorial service should ask you:

1. What type and age are your floors?

2. What type of business and traffic is on this floor?

3. What are the main problems with this floor?

4. Have you liked or disliked anything done in the past?

5. Are you concerned with appearance, durability, slipping or static?

6. What do you want the final product to look like, high gloss, matte?

7. Will you need regular floor maintenance, like spray buffing or scrub and recoat?

8. Will the floor techs need to move furniture?

9. Do you need this to be completed by a certain date?

10. Are you working with a certain budget?

A professional floor company should come to you and evaluate your floor and discuss the ideal floor care for your situation. They will then take your information back their office and consult with floor technicians to come up with the best procedure and price. Many professionals will take before and after shots to show off their expert work. A manager should give a final inspection and give you a follow up call to see if everything turned out the way you wanted. Honestly express your opinion on the quality of work. Professional janitorial floor companies will appreciate the feedback and use it as an opportunity to improve their service.

Here are questions you should ask before hiring a professional janitorial floor service:

1. Do you service our area of town?

2. What are your payment terms?

3. How long have you been in business?

4. Are you licensed and insured?

5. Do you guarantee your work?

6. Who do I speak with if I am unhappy with the services?

7. Can you provide references?

8. Will you give a free estimate of the price and how much time it will take?

9. Do you have solutions for all types of budgets?

10. Do you provide a floor maintenance program?

With these questions answered, you should be at ease with whomever you choose as your professional janitorial floor service. If the professional janitorial floor service did everything they said in a timely manner and you were happy, please let them know and give them a good referral.

–This article may be freely reprinted or distributed in its entirety in any e-zine, newsletter, blog or website. The author’s name, bio and website links must remain intact and be included with every reproduction.–

Spotting Reliable Divorce Help Online

The Internet has definitely taken the world by storm. It has opened up new ways for communicating with others all over the globe and has given everyone the convenience of having information ready at their fingertips. One downside to this though is that with the influx of the information also comes the rise of unreliable information. Divorce is one of the topics most frequently looked up on the net and to those who are in need of some reliable divorce help online, here are some good tips to remember:

When it comes to getting information and divorce help, nothing beats the quickness of the Internet. Quick as it may be, it certainly also has its flaws. For one, with the numerous sites online which have articles that talk about a range of topics on divorce, it is unsure that all the divorce information are truly 100% based on facts.

Many of these websites have articles which can be read free of charge which makes them all the more popular for those who are thinking of getting a divorce but are on a budget. Thus being able to tell which is fact and which is fallacy is definitely a much needed skill.

You should always have a critical mind so that you can tell which the facts are. It is never a wrong thing to ask around or look into details more closely rather than following and believing readily what is written. Compare and contrast articles and see which sounds more believable to you and contains the most facts rather than ideas based on opinions. And whenever you read something, watch something or listen to something, keep an open mind but never forget to use common sense. Sometimes when we are too emotionally charged we forget to use our logic. For example, you search for “ways to brutally get back on your cheating husband” instead of just looking for softer and more practical self-help stuff. That’s when you create a whole new problem in the middle of this sticky situation.

It will also be a good move to look into the main contributors of the site. Look up on their credentials and see if they have enough legal knowledge and experience to be deemed experts in the field. Look for sites which have a reputable divorce attorney as one of their main contributors, if not all.

Always remember that different states also vary in the laws that govern divorce, so if looking for divorce help online, search for ones that specialize on divorce laws within your state or area. You wouldn’t want to be taking tips from a site which have facts based on Nevada laws when you live in California.

Spotting reliable divorce help online is just all about reading and using your critical thinking skills. Most of the time, wrong information can easily be detected if we learn to read and look into details more closely.

Consider Purchasing An Entertainment Wall Unit – You Are Not In College Any Longer

If you know of a college student, then swing by their apartment and take a look at the furniture in the room. I am sure that you will find pieces that do not match, pieces that have one or more food stains and pieces that look like they were left on the curb for the last garbage pick-up. So answer this question – does your living room furniture look like you are still in college? If your TV and DVD player are still sitting on upside down milk crates, then it may be time to start shopping for a real entertainment wall unit.

Your situation may not be as extreme as previously mentioned, but if you are out of college or just working full time, then you really have no excuses for beat up old furniture. Think about it, the way your home looks reflects the kind of person you are. Do you want people really thinking that your idea of a TV wall unit are milk crates and a board you nailed into the wall?

Now, before you jump online or run to your nearest furniture shop you should take a few things into consideration. After all this is a pretty big purchase and not something that you will want to take lightly. An entertainment wall unit should not only be physically appealing, it needs to be structurally sound as well. The last thing that you want is to have that nice TV come crashing down because of shoddy workmanship.

If you have a lot of heavy things you plan on placing in your new entertainment wall system, then you probably want to steer clear of any flimsy material like particle board being held up by a few nails or screws. If you have such things as a big screen TV or stereo receiver complete with a surround sound speaker system, then take a look at the material that the unit you are considering buying is made out of. Go through the product to see how it is constructed and how it is rated quality wise. Is it real wood or is it cheap particle board? What materials are being used to hold all of the pieces together?

Nothing would ruin a nice night watching DVDs than to have your large TV bend and break the shelf that it is on. While the material used in making TV wall units is of great concern, you should also look at what you plan on placing in it and on it. Does the color of your TV and other electronic items match? Are they too large and heavy for your entertainment wall system? Is there a chance that it may bend and break?

Ask yourself these questions before making the leap to buy an entertainment wall unit. Don’t take any chances that you next big purchase will end up costing you even more should it collapse and cause your precious electronics to fall and break.

Top 10 Events to Celebrate on a Party Bus

A San Francisco party bus can be an excellent transportation choice for a wide variety of activities. Instead of renting a traditional limo, you can kick the party up a notch with more space and entertainment. Most buses include amenities like a sound system, plasma televisions and plenty of comfortable seating. These ten events are the perfect opportunities for chartering a party bus.

Club Hopping
Bay area party bus drivers know all the hot spots in the city, and they will help you make the rounds. Most bus services will offer club hopping packages that will include entry to two or three clubs along with plenty of onboard entertainment in between.

Bachelor/Bachelorette Parties

Give the bride or groom a night to remember with a party aboard a San Francisco party bus. You can add your own refreshments and entertainment.

Weddings

Get your wedding party to the church on time in extreme style. A party bus can provide extra time for the wedding party to spend together and add another memorable element to the special day.

Concerts

A party bus makes it easy to see all your favorite entertainers. The bus will pick you up at your front door and drive you right to the front of the arena or concert hall. After the concert, your driver will be ready and waiting to keep the party going on the way home.

Sporting Events

The tailgating is on the bus, and what a party it is! You avoid the hassle and expense of crowded parking lots, and those plasma televisions onboard come in quite handy for catching the pre-game shows.

Birthdays

Have a big birthday coming up? A San Francisco party bus can get you to your destination in high style. If you prefer, party onboard while your driver gives you a unique tour of the city.

Prom

There is simply no better way to impress the senior class than by showing up to your prom in a Bay area party bus. This party on wheels can be the perfect way to start and end your special night and parents can rest assured that kids will make it home safe and sound.

Graduation

That graduate worked really hard to get where he or she is today. Why not reward them with a special trip to the graduation ceremony? Afterwards, a San Francisco party bus can be the perfect way to make the graduation party rounds.

Family Reunions

Get the clan together by hopping aboard a party bus to take you to the reunion site. You can book a Bay area party bus big enough to hold the entire crowd so that everyone gets to the reunion together.

What Do Women Want In Fine Jewelry?

Women love jewelry. It’s as simple as that. The thing most men don’t ever really understand is why. To men, it’s a shiny bauble that can cost a fortune and many times is only worn a few times a year. So, what do women want in fine jewelry? They don’t want a super expensive ring being given to them randomly, they want something thoughtful, well timed, and emotionally charged. Women associate a lot of their jewelry with special events.

The woman in your life probably has a story behind every single piece of jewelry she owns but when she tells it, we just nod and go “Uh-huh” or “Wow”. This is what women want in fine jewelry. A special memory that reminds them of a certain thing you did for them and how much love you put into making that occasion special. Many women are brought to tears when presented with fine jewelry in a well planned and timed situation and that memory only gets stronger with time.

There are some women that just want to get their hands on as much fine jewelry as they can get so they can impress and show off to their friends, coworkers, or other people. The majority of women aren’t like this luckily. Many women know how hard it is for a man to pick out jewelry and love and appreciate it that much more when you select the perfect piece of fine jewelry for them. This can be difficult as men don’t pay an enormous amount of attention to women jewelry. This may require a little bit of thought or even some sly questioning to make sure you get the right jewelry.

Women like to talk about jewelry and a great way to find out what their ultimate piece of fine jewelry is requires talking to their closest friends. Women share information like this regularly while they are shopping, browsing ads and websites, and admiring another woman new jewelry. Their friends should be able to point you in the right direction. While one woman may want a beautifully made cross necklace, another might want a ring with a particular type of gem or gems in it. If you can, take your loved one to a shopping area that just happens to have a jewelry store in it and look around in there. You should be able to get a great deal of information by her comments and expressions as you browse around the store. Does she love the pearls, the rings, the necklaces, or something else?

The most important thing when giving a woman a piece of fine jewelry is the setting and the amount of emotions that are being displayed. You want to take her to her favorite place or set up a romantic night that you know she will love. You want everything to be as perfect as possible because this memory will be entwined with her piece of fine jewelry forever. You want it associated with love, romance, and joy and not something like running into an ex, getting food poisoning, or anything bad whatsoever. If something unexpected and undesirable does happen, save that piece of fine jewelry for a better time. She will still enjoy your special time together. If everything goes wonderfully, and you are both happy and loving each other, now is your chance to present her new fine jewelry.

Your gift of fine jewelry has just made the woman you love the most happy person in the world. That memory will stay with her and that piece of fine jewelry forever.

Get the Money You Need to Invest Through soft Money Lenders

Investing in commercial real estate, like any investment, is an assessment of risks and potential rewards. Like any commercial venture, there are always risks, and there are tools in place to help you reach those rewards, often for incremental increases in risk.

One of the easiest tools to use (and misuse) in commercial real estate development is debt and credit. We’re going to characterize the money you get from lending as “soft money”, money you pay to have access to, as opposed to hard money, where you’re taking an outside investor on to your property.

Fundamentally, paying interest in money is paying someone else for the privilege of using their funds to make your projects work out. Interest rates are driven by the Prime Lending Rate, which you’ve no doubt heard news stories about. The prime lending rate is the rate that banks charge other banks for loans, and is generally set by the Federal Reserve. All other interest rates made in a given quarter have their rate set as the prime late plus a small addition to the rate (or, in some cases, a large addition.)

To determine what sort of money you’re going to want, understand that the banks are in the business of lending money – and getting paid back with interest for it. They want to minimize risks, and they’ll run a credit check on you, and on your business. Most people who have the financial means to make the down payment on a property have cleared up their credit problems ahead of time, but be aware that a personal or business bankruptcy in the last few years can get you denied for a loan or make you pay for an exorbitant amount.

Soft money has interest charged on it; the interest rate is the percentage of the initial money borrowed that has to be paid (in profit) to the lendor each year. Thus, if you borrow 100,000 dollars at 8% interest and pay it off in one year, you’ll have paid $108,000 for the property. Those interest rates are cumulative over time; there’s a rule of thumb used in the financial market for compound (cumulative) interest rates called the Rule of 72: Divide 72 by the number of points of interest your money is making, and that’s the number of years it will take for the cumulative interest to equal the amount of the initial loan. Using our earlier $100,000 investment, at 8% APY, 72 divided by 8 is nine, which means that paying that loan back over 9 years means you’ll have paid out $200,000 for the property. Always factor your interest rates into your cost calculations on return on investment, and monthly cash flow calculations.

Now, the good news is that some interest, especially when applied to residential properties, is tax deductible for your business, but still, you’ll need to assess several things with your property before getting the initial loan.

The first one – what’s the largest down payment you can afford, without hurting your own cash position? Larger down payments result in saving money in the long run, but can be an important cash flow hit early in the history of the investment. Larger down payments will usually (but not always) translate into lower monthly costs on the property (the primary exceptions are when you’re buying a residential property with high tenancy rates – these command high initial down payments because of their favorable capitalization rates and revenue potential, but still have the attendant costs of running a residential property.)

Second, how quickly do you intend to sell this property? The longer you intend to hold on to the property, the better a long term loan will look. This is because banks charge lower interest rates for longer period loans, due to the rule of 72 mentioned above. If you want to buy, renovate and turn, you’re going to want to get a shorter term loan, because it’s harder to sell a property with attached debts and second mortgages. In particular, any property that needs substantial improvement may need to have its interest rate needs assesses carefully – it’s not difficult at all to take a commercial property and turn it into a money pit that consumes all your profits.

For sources for your loan, the obvious place to look is a bank, preferably one with a strong business lending history. Understand that due to the regulations put on the Savings and Loan industry in the 1980s, it’s very hard for small businesses to get a substantial sum of money; there are regulations that keep them from lending to new businesses to prevent a future bailout. Another source for your loan can be a credit union or building society; these are tools that allow multiple investors to pool resources to build businesses – this is one reason why credit unions require all customers be called members, and why they require a $5 deposit.

Not so obvious places for your loan: If you’re coming out of the military, you’re entitled to a Veterans Administration loan, generally at very favorable rates, and bypassing a large number of credit checks for loans of $150,000 or less. While the intent of this loan program is to let veterans buy their first homes after mustering out, these loans are excellent tools for new investors to buy, renovate and turn properties over for a quick profit.

Similarly, Small Business Investment Relations (or SBIR) loans can often be had from local chambers of commerce, if you can provide a solid business plan for how you’re going to make a profit and pay the loan back. Housing and Urban Development loans can also be had for investors who intend to hold on to a property for low income housing, though this tends to be best as for a “buy and hold” strategy.

Getting a Cheap Loan & Improving Your Credit Rating to Ensure Your Loan is Competitive

Securing a Cheap Loan

With the current financial crisis constraining the amount of money banks presently lend due to the amount of capital reserves they require to satisfy regulating bodies, credit is not flowing as freely as it once was. Whilst London Inter-Bank Offering Rates (LIBOR) have dropped over the past year simple supply and demand is making loans less affordable at a time when they should technically be at their lowest levels. Basically the present   demand is high from the residential and business loan sectors, however the recent stress test revealed that capital reserves need to mitigate such crisis being sparked again, thus forcing banks to further reign in their lending.

One way of reigning in that lending is by lending money to people with superior credit ratings. By getting yourself a credit check you substantially improve your chances of securing a loan that you require whether it be for home improvements, car finance, or even a holiday. Don’t forget that making an application for credit goes against your score so ensure that your credit rating is in a suitable position prior application, otherwise you could further damage your chances for future loans and credit such as mortgages, gym memberships, mobile phones etc…

Businesses and consumers simply want to know what that means to them and why the loans at present are not as cheap as they should be!

The money markets and LIBOR rate dictate the rate at which banks lend to one another, and even with what appears the bottom of the recession being hit lenders are still cautious on who they lend to and for what period of time. So even though you see the Bank of England Base Rate set by the Monetary Policy Committee set currently at 0.5% this does not mean your rate will be anything near this as wider economic factor influence that rate that filters down through to consumers and businesses.

Before Applying for the Loan

Even before you apply for a loan get a credit check to determine if you would even be considered by the lender, as a meaningless application could further hinder you rating and make future loans difficult to attain.

What if my Credit Rating is poor?

If your credit rating is poor there are a number of ways to improve your score prior your application for credit here are a brief few things you can do.

  • Clear CCJ’s.
  • Ensure you are on the Electoral Register
  • Time your application well – moving house can be a factor.
  • Clear previous debts & use expensive high rate credit cards (Just for one month).
  • Never miss a payment.
  • Check your address on all active accounts.

How do I get a Cheap Loan

Using loan comparison sites can help you compare secured and unsecured loans, credit cards, prepaid cards and payday loans, but these sites don’t always display all caveats. Remember its not just the rate that will make the loan cheap for yourself. More companies seem to be using set up fees and early repayment charges to earn extra money from those who only require a loan over the short term. Please consider the following:

  • You need to compare the APR to determine the true cost of the loan.
  • Look into the ability to make overpayment’s without penalty charges, as this will substantially reduce the capital owed, further reducing the interest paid, meaning your loan cost has been reduced.
  • Check for lenders who are willing to match or even beat rates on the high street in order to attain your custom, after all they are still competing for your custom.
  • Limit the amount you need to borrow on high APR – don’t just use one source, couple an interest free credit card with a higher APR loan if that is all that’s available as one will offset the other.

Getting a loan over a certain amount can sometimes be more beneficial than getting a smaller loan due to administration charges and other governing factors, so bear this in mind when applying for a loan [http://www.loanrunner.co.uk/loans], therefore it can be cheaper to get a larger loan and then simply make an overpayment offset the induced interest.

Affordable Home Furniture

Rationalizing the costs of furnishing your home

There is an infinite amount of money that you can spend on the furnishing of your home. Therefore you have to consider value items such as the cheap garden pots that are readily available on the market today. What you are looking for is items that work but will not break the bank. You cannot really afford to go out on a splash when you do not have excess funds. This will have a less positive effect on your family finances. You might also end up unable to look after the essential items that the home requires. However if you decide to go for the value items such as the cheap garden pots you will find that you can buy many things.

Compromising on costs does not mean that you have to leave quality behind. If you decide to buy cheap garden pots you should ensure that they are of a reasonable quality. If there is any doubt about the quality that they bring to the table then you should look for another brand. If you decide to buy poor quality items you will spend even more money trying to replace them in the short run. It is better that you purchase something that is going to last you for a significant period of time. The use of the cheap garden pots does not mean that they have to let you down on quality. This is what smart shopping is all about.

You should be looking to ensure that there is variety in the things that you are buying for the home. Even if you have gone for the cheap garden pots make sure that they have enough variety to fit in with the aspirations that you have in your home. Many people have a general theme that they follow when they are furnishing their home. This is an individual thing and you should ensure that you are on the right side of the general decor in your home. The cost issues are secondary to the fact that you need to be comfortable in your surroundings. The decision to buy cheap garden pots does not automatically translate into a destruction of the accepted fashion rules in our society today.

Of course there are people that have individual tastes even when they buy cheap garden pots. These are people that are not afraid to shock the general public with items that they would dream of buying in their right mind. It takes certain courage to have individual taste in home furniture because we have been conditioned to copy the habits of other people when it comes to purchasing furniture. You need to ensure that you have that sense of style to carry off the eccentric otherwise people will laugh at you. The cheap garden pots are not likely to be eccentric but they are practical items that serve the basic purpose that was allocated to them by the manufacturer. They are just sensible purchases.