financial service

Tips Before Selecting a Financial Service for Private Equity Funding

When buying a house you may have seen a line in your mortgage referring to “Taxes and Insurance”. The mortgage company includes an amount each year to pay Real Estate Taxes and Property Insurance directly. This is to ensure the homeowner doesn’t – through negligence – endanger the loan.
Make sure the writer you are going with would like to ensure that any possible risks of default are covered. While there are many other forms of insurance to protect the collateralizing asset, the biggest risk is default on obligations. If your financing request is subject to a draw schedule, then most of your money will be sitting for a very long time doing nothing.
Also, make sure that the writer will, through its own internal and proprietary processes, at no risk to your financing, provide a Trade Platform that will utilize the strength of the financing to realize a profit …

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financial service

Are You Protecting Yourself From Identity Theft?

Prior to the dawn of the Internet the term identity theft would conjure up images of pick pockets and dumpster diving. With the advent of the information age, Identity fraud or impersonation has steadily become a much more prevalent crime in our society. In Canada 20% of us have been victims of identity theft. Who wants a collection call regarding an overdue amount on a card you never knew you had? Educating yourself is the best deterrent.
What’s in your trash? Identity thieves obtain your information from the items you put at your curb on trash day, and even from the receipts you throw out in a public garbage can. Even an out of date Mortgage statement or a tax statement has enough information on it to get them started in duplicating your identity. The solution is simple, shred or destroy anything that has your name on it prior to …

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financial service

How to Build Credit for New Immigrants or If You Have to, For Yourself

It’s very difficult to know where to start to build credit when you don’t have any. Financial institutions and creditor’s see new immigrants and people born here who have no credit at all as a high risk since they often don’t have any history to support their request for credit. If you search Google for “Canada Credit Cards” you will find more helpful information to help you along. Here are a few simple ways to get your credit started and to improve your credit so that lending Institutions and Creditor’s will start to give you a chance and approve you for credit.
Understand how credit works.
Get a credit report through Equifax or Trans Union to see what you have associated with your name. Sometimes you may not know you already have some positive credit created and sometimes you will find out you have a few things that are looked …

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financial service

Wedded With Insurance!

Wedding insurance does not fall under traditional policies and hence unknown to many. Wedding is a special occasion that stays fresh in our minds for the rest of our lives. Especially in countries like India, it can mean a lot of happiness and a lot of money! It is planned months ahead and people make sure that everything goes on smoothly.
In spite of these plans and preparations sometimes, bad luck can blow off the day and lead to financial loss. It is therefore prudent and smart to spend a small amount of money on wedding insurance to help get one’s wedding back on track without having to worry about the wasted expense.
What it covers
Wedding insurance covers the damage of the wedding place due to fire and similar hazards. It covers the illness or accidental injury to the bride, groom and close relatives. Jewels are imperative in Indian …

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financial service

Success Tips for Financial Advisers - Why You Should Become a Specialist in Your Niche Market

Why do some financial service professionals consistently place in the top 5-10% of sales production while others struggle to make a living? Are they brighter or more tenacious? Do they have a better education or more professional designations?
After interviewing dozens of advisers I can sum up the success of the top 10% with one phrase-niche marketing specialization. The secret top producers have learned is to focus exclusively on million dollar clients by becoming an expert in delivering a specialized service that meets their unique needs.
Why specialize? First, all labor tends toward specialization and your prospects know that. Just look down any aisle at your local grocery store and you’ll see what I mean. There are cereals with added fiber, cereals for kids, cereals with fruit and nuts, cereals for weight-loss and so on.
Next, look at the medical profession. Very few doctors these days are general practitioners. Most …

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