If you plan to set up a business in Utah this year, a personal loan can be a good choice only if you intend to run a small company as a solo enterprise. That’s because most lenders normally approve applications for up to $40,000 of personal debt, so you should apply for small business loans …
Should You Use a Personal Loan to Fund a Small Business? Read More »
Financial literacy and management are extremely important. Just because you have a high-paying job at the moment doesn’t mean that you’ll be set for life. If you have debts left and right and have nothing saved or invested, you need to take a long, hard look at your priorities. You can seek the help of …
If you are starting a company that belongs to an industry with a bad reputation of fraudulent payers and high chargebacks, you might be in a rude awakening. Payment processors can automatically tag you as a high-risk merchant, which is not an excellent designation. Having a high-risk merchant account means that you do not qualify …
Common Misconceptions About High-risk Card Processing Read More »
Mortgage rates in the Beehive State have been rising for a while. But as historically expected, a period of relief arrived. The Fed pumped the brakes on rate hikes because of the slowing economy and receding inflation. This move is going to affect the interest rates on home loans indirectly, so now might be a …
Filing for bankruptcy is a genuine debt relief solution. Before attempting anything, however, you should know that the process is not as straightforward as you might think. Since making mistakes can leave you in a tight spot, you should not employ a trial and error approach when filing. What are some of the mistakes to …
When you buy life insurance, you’ll be making payments to your life insurance provider. In return, your provider agrees to provide lump sum monetary benefits to your beneficiaries/beneficiary upon your death. Aside from the cash benefits, one of the main purposes of a life insurance policy is to provide you peace of mind because having …
Most potential homeowners realize that a mortgage is the best route to achieve their dream. This is not just a preserve of those without substantial funds to pay up front for a home. It also allows those who can afford the upfront payment to free their cash for other investments. When evaluating a home loan, …
Business valuation is a type of assessment that a lot of business owners often overlook. They are either confident that their business is really valuable or quite unsure that their enterprise is leaving a significant mark. However, it should be regarded that business valuation is important, as it tells you definitely where your business stands …
Many people struggle with mounting debts because they don’t take a moment to improve their money-handling skills. If you can get a handle on your expenses, you can avoid some costly mistakes. Most people face financial challenges because they have poor money management skills. Recent studies show that most Americans are not in a position …
There are many benefits to taking part in a Section 1031 property exchange. In addition to legally escaping the capital gains tax, you get to grow your investment portfolio and diversify your rental income. Through the IRS, the government gives you leeway to defer tax payment on any capital gains. Surprising as that might sound, …
