Friday, December 9

Finance

Finance

Ignoring Employees’ Weaknesses is Not a Good Idea for Your Business

An employer usually focuses on strengths at the time of shortlisting of candidates, but focusing on weaknesses is also essential. It is not just the interview time when you have to ponder over the weaknesses of candidates carefully. Even after the joining of a company, you need to assess where they lack, so it does not hamper the growth of your business. Periodic assessment is essential to ensure that your employees are contributing to your business. It will let you know about the skills they have that they can call on to double revenues and shortcomings holding you back from growing.  For instance, if you know one of your employees is a better fit to lead a team, you can promote them to a team leader. Likewise, if you know one of your employees is lacking, you can conduct a trai...
Five best tips to enhance my credit request
Finance

Five best tips to enhance my credit request

Do you have a real estate project at heart and are you looking for financing that will allow you to carry it out? Finding the loan offering the best real estate rate and the best conditions is therefore very important. And it is by taking care of your borrower profile that you will be able to obtain the best financing proposals. Indeed, banks more easily grant mortgage loans to clients with a reassuring profile. To help you convince banks to finance you, the Credit Guide gives you 5 tips to enhance your loan request. Advice from the Credit Guide for borrowing well Before requesting a bank to obtain financing for your real estate project, it is advisable to treat your request for credit to convince the lending organization of your capacity to rep...
Some basic tips before borrowing
Finance

Some basic tips before borrowing

Before you take out a loan, ask yourself some common sense questions. And above all, take the time to take stock of your budget! Check your resources and expenses beforehand.  Avoid too heavy a commitment Before taking out a loan, make sure that you do not make too heavy a commitment. Make simulations with the calculators on our site and don't hesitate to request simulations from your establishment. They will show you precisely the repayments that you will have to make according to the amount borrowed and the duration of the loan. Remember that, barring exceptions, monthly payments continue to be due even if your income has dropped. So keep some leeway. There is often a trade-off between the amount of the monthly payment and the total cost of the loan. Indeed,...
More affordable but still extremely risky payday loans
Finance

More affordable but still extremely risky payday loans

Do you need money immediately? Can't borrow from the bank, from a friend? Is Payday Loans Your Only Option? Since last summer, it should be more affordable. Quebec has amended the Consumer Protection Act (CPA) and several new provisions govern these lenders. Concretely, most offer their services on the web: you complete a questionnaire, provide your bank information, proof of salary, and in a few hours, the money is deposited in your bank account. Usually, the contract provides that the lender, like loansurdemande.ca, pretexpress911 (there are dozens because several disappear after a few months or years and new ones appear regularly), make a payment on the day of your pay. An example of a loan A loan of $ 300 obtained from mynetxpay.ca will be reimbursed in six instalments ...
Payday loan: what is it, what are the risks, and what are the other options?
Finance

Payday loan: what is it, what are the risks, and what are the other options?

REPLY The payday loan allows you to borrow money against a promise to repay it when you receive your next pay or your next regular income. In Ontario, you cannot get a payday loan of over $ 1,500. Most lenders do not do a credit check before granting a payday loan. Typically, they ask the person: to prove that she has been employed for three months;provide them with proof of address, such as a utility bill;provide them with information about their checking account. The payback period for a payday loan is short: it normally varies from 14 to 28 days. The longest time you can get is 62 days, for about two months. When a payday lender agrees to lend you money, you must sign a loan agreement. By doing so, you agree to repay the loan, as well as the intere...