Securing Payday Loans With No Credit Checks Makes a Real Difference

Bad credit is never a good thing, but it’s not the death-knell to funding so many of us believe it is either. There are loan options available to people with even the worst credit scores. The fact that it is possible to get approval on some loans, like payday loans, with no credit checks ensures this is the case.Bad credit scores are not debilitating, and actually enjoy only a fraction of the significance traditional lenders would have us believe. Income and a suitably low debt-to-income ratio are far more influential factors, and while guaranteed loan approval never really exists, these loans are the closest to it.Still, there is no such thing as free money, and there are clear compromises to accept before a payday loan can be secured. They may be the fastest and most accessible route to cash on the market, but they are also the most expensive.What is a Payday Loan?Getting a payday loan with no credit check is not the ground-breaking development it might seem. These loans have been available in one form or another for decades, and bad credit scores have never had any significance to them. This is because the loan is granted on the back of an upcoming paycheck.The biggest advantage is that approval is very easy to attain. It is not exactly guaranteed loan approval, but all that is required is that the monthly income be sufficient to make the repayment in one lump sum. And the fact that credit histories are not checked out means that cash can be secured quickly in times of financial emergency.However, the loan limit is set at $1,500 while the interest rate is very high (sometimes 35%). And since the term can be as short as just 2 weeks, the pressure to repay a payday loan can be extreme.Why No Credit Check WorksLenders never turn to bad credit ratings to decide the fate of a loan application. There are more pressing factors, and given that the recent economic developments have left many honest borrowers with poor ratings, they no longer give an accurate indication of the kind of risk involved in any loan deal. So, the approval of payday loans with no credit checks does make sense.What is more, because these loans are so much more accessible, with practically guaranteed loan approval, a greater volume of loans is granted. So, ignoring credit histories makes good business sense.With no credit checks, the focus of the approval process is correctly centered on the fairest criteria – income. So, despite the pressures involved in making repayments in such a short period of time, a payday loan is sometimes too good to be ignored by borrowers.Other Points to ConsiderApproval on payday loans with no credit checks rests on the income, not on their credit scores. Normally, debt-to-income ratios, which stipulate that no more than 40% of income be dedicated to repaying debts, would also play a significant part. But since these loans are typically repaid in one lump sum, they have little bearing here.A practically guaranteed loan approval can be enjoyed if the income is large enough to cover the repayment in one go. For example, a $1,500 loan at 35% will require $2,025 to clear the debt. This is a large sum to take out of a paycheck, so it is essential that the paycheck is big enough to accommodate it.However, a payday loan is still the fastest way to emergency funds, making them highly attractive despite the extremely high interest rates charged and the extremely short term of the loan. With that in mind, be sure to check out several options online before agreeing to take out a loan.

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Financing Film Tax Refunds For Filming in Canada

Financing film tax refunds on Canadian productions is currently an integral part of the overall financing for projects in film, television, and animation in Canada. Those in the know are aware that typically a valid tax credit can be financing almost immediately after production has been completed.An even more little know fact, (and we are surprised at the number of people that don’t know this ) is that if you tax credit is certifiable and you are somewhat experienced in the industry your tax credit can actually be financing during your production, bringing much needed cash flow and working capital to your project.When we meet with clients we are not of course surprised to hear that a large part of their total project involvement in the 3 key areas (film, TV, and digital animation) is spent on sourcing financing for their project. While the overall financing environment has improved considerably in 2010 (and boy has those great government tax credit increases helped) it is still a challenge for most productions to cobble together financing for the entire project.There are, of course, a number of options and strategies available to owners of any particular production. Our focus here in our information is primarily the monetizing of the increased and generous tax credits that come in the form on non repayable cheques from the government. Your ability to monetize, (we can say ‘cash flow ‘) those credits is a key part of the industry today.Tax credit financing is usually done in conjunction with the other forms of financing in our three key focus areas. Those other types of financing of course include equity, pre-sales, etc.In order to finance certain key elements must exist. The one key area to focus on is certification and eligibility, with criteria being a bit different, but essentially the same, depending on which proving your production is domiciled in. Ontario and B.C. seem to garner most of the action…Owners that surround themselves with solid accounting and legal partners and who have a clean special purpose entity set up are 90% of the way there! What we are really saying is that if your production is eligible, and you have documented your bidets and costs carefully, and they are cleanly with a separate legal entity (preferable) you are safe to assume you can have your tax credit financed.We strongly recommend that you work with someone who is at trusted, experienced and credible advisor in this area who will work with you to maximize the total dollars that you can derive out of your tax credit. Naturally a clean tax credit represents 100% of the dollars due to your production. To err on the side of safety and conservatism tax credits are generally financed at 50-80% loan to value. (There are exceptions on the upside and downside as always!). No payments are made on your financing, and final financing costs come out of the final receipt of funds form the government, with any additional balances left over due to your production of course.The ability to finance your production creatively, with the assistance of the monetization of your tax credit is a powerful strategy not available in all parts of the world, due in most part of course to the generous non repayable credits the Canadian government as deemed for the industry. Utilize tax credit financing to improve the overall success of your projects.

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A Guide to Help You Pick the Best Air Purifier for Your Loved Ones

Holidays are around the corner. This is the time of year when people start purchasing gifts for their loved ones. If you are going to purchase an air purifier for someone you love, we have some helpful tips for you. If you want to purchase the best unit, you may be able to use this guide to your advantage. Read on to find out more.

1: Set Your Budget

Just like anything you purchase, make sure you have set your budget first. The price of the unit will vary based on a lot of factors, such as the capacity, filter type, features, and brand of the unit. If you don’t have a flexible budget, we suggest that you go for a product that is available to purchase for less than $300.

2: Consider the Needs of the Recipient

Your next move is to consider the needs of your recipient. If you are going to purchase this unit for everyday use, we suggest that you go for a unit that comes with a HEPA filter. On the other hand, if your loved one has a specific need, we suggest that you consider a specialized unit.

For example, if they are more prone to respiratory issues, such as allergies and infections, we suggest that you get a UV purifier for them. The devices are designed to neutralize viruses and bacteria.

3: Think About the Available Space

Another primary factor is to consider the available space in the office or house of the recipient. For example, if they need a general-purpose unit for a small apartment, you may want to consider a filterless unit.

On the other hand, if they have plenty of free space, you may consider a bigger unit that features a higher airflow rating. These units are powerful enough to cover a large face.

4: Consider Extra Features

Lastly, we suggest that you consider additional features that they will just love. For example, some units come with an indicator that turns on when the filter needs to be replaced. This will allow the user to change the filter so that the device continues to work properly.

So, you may want to consider these features before you place your order. These features may not be important to you, but your friend may just be over the moon.

Long story short, we suggest that you consider these four tips if you are going to purchase a gift for your loved one on these holidays. Since the air is full of pollution during winter days, nothing can make a better gift than an air purifier. Therefore, you should consider these tips before looking for an online or physical store to make your purchase decision.

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