Automated Trading Systems

How to fix your own credit problems

A poor credit report or credit score could affect any loans or credit you apply for in the future, so it's important to make sure the information is correct.

If there are errors on your credit report, you have the right to get them fixed. There is no charge for this, but your credit report can only be changed if a listing is inaccurate.

Find out how to check and correct a wrong listing on our credit report.

We also have guidance on how to get a good credit rating on our credit scores.

If you're struggling with debt, a financial counsellor can help you come up with a solution or understand the options available to you. Financial counselling is a confidential service.

Fixing a wrong credit listing should not increase your money worries. Understand exactly what a credit repair company can do and the costs involved. It may be better to do fix the issue yourself.

Vintage 1950s mid size Oris wrist watch.

this gold Vintage 1950s mid size Oris wrist watch. Swiss made hand-winding movement is still working well. with signed Oris Watch Co movement, and seven 7 jewels on a 454. it is truly fantastic

This gents classic timepiece has few rivals,  with only the odd minor mark. This anti magnetic gem is a credit to watchmakers of old.

Currency transfer

sending money abroad is something many of us do either regularly or occasionally, get your choice of currency convertor providers at little or no cost, and send your remittances with unlimited access to international payments through online payment platforms, you have control in the palm of your hand. check the rate, select a beneficiary, make a payment in seconds 24/7 make personal international payments when it suits you.

Pay less, receive more, it’s that simple. Whether you need to pay an overseas mortgage, transfer your UK pension abroad or just send money to cover your living expenses.

This list has all the countries in the world. Looking for a specific country to send money to? Please check out the list provided, it is ordered alphabetically.

Watches

Rotary is one of the finest Swiss watch makers with a long history
Its winged logo is always an instantly recognizable sign of quality
At Candace finance, we have no hesitation in accepting or selling on these watches.

Chaux de fonds local Moise Dreyfuss founded rotary in 1895 & later established in the UK in 1907 with offices, leaving it well placed to benefit from commissions, from the war office to supply its army. Latterly also gain from being favoured by civilians in peace time

2005 saw the introduction of  a divers/swimmers watch, identified by the dolphin logo on the back casing, this was followed by the revelation series of watches.

Property investing

 
Investing money in property is for many a way of not just making money but securing a pension,  and with the current rates of interest being paid by banks it is becoming ever more popular, but are they a good enough reasons to jump on the bandwagon of property investing ? i beg to differ.

the single golden rule that is often forgotten by those in the stampede to buy to invest is,
you have to sell to actually make any money.

now i can already hear all you naysayers shouting no you don’t, you can take out a loan against the property, well yes you can, but you will have to pay it back or sell up, usually at a loss, no such dice with a good old tax free cash ISA or similar products.

other factors are regularly missed by investors in property so here are some fundamentals.

1) decide how you want to invest in property
     (existing stocks, shares or cash)
2) decide how much you want to invest
     (quarter/half or all in)
3) decide where in the UK/world you want to invest
     (the best deal may be outside your town)
4) decide how long you want to invest for
     (fast bucks or long term income)
5) decide if you want to invest with or without partners
     (partnership of one, group or alone)
6) decide on type of property you want to invest in, residential or commercial
     (a mix is usually best if you can get it)
7) decide how much you are willing to loose.
     (investing = gambling, got it ?)

returns ? well 3% - 7% are common at the moment depending on where in the UK you invest, think those figures are a bit low ? well you are right, and even in a booming market don’t expect it to go much above that, the simple reason is because a booming market brings in more players so the market stays relatively low.

as i have said before you have to sell to make real money in property, which is what many of those in the know already do, yes they have their long term slow burn earners, but they also have the flippers or spinners they buy and sell for a quick 20% - 30%+ profit.
If you have never invested before, RESEARCH first and GET qualified help.

funding for lending

funding for Lending, working or not ?

with overall interest rates being low, and many existing mortgagees benefiting from low repayments as a result of their variable rate deals, it is more than apparent that the mortgage market simply is not active as it should be, this has led to a number of injection techniques under or as a result of the ‘funding for lending’.

what are those techniques well here they are in no particular order.

 
mortgages up 30+ on 2 year fixed and 50+ on 5 year fixed’.

mortgages up 13+ on 90% deals.

mortgages up 4+ on 95% deals.

cost of mortgages up 0.01% on 95% deals

cost of mortgages down 0.12 on 90% deals.

cost of mortgages down 0.40 on 60% deals.

20% increase on 80% mortgage availability.

overall mortgage products up by 40

what of the governments much trumpeted ‘funding for lending’ being of help to homebuyers, well, depending on where you are in terms of income and availibility of mortgages, you are either a believer or not, as for me i believe.

recently a number of banks have started to if not return to the 90 % mortgages market, although it may not seem so to you if you are a first time buyer, that is in fact a very good sign for all looking to buy regardless of your position in relation to getting a mortgage, these changes may be to late for 2012 but you should hang in for more gains in .2013.


there are many low rates being advertised at the moment but closer inspection often reveals a high arrangement fee making it not worth the the time let alone your money, working out your overall cost across the time of the loan is crusial.

Starting a business:

many entrepreneurs trying to get a business off the ground are finding it hard to raise money, here we will take a brief look at how this may be achieved.

the most easily available business to set up is the increasingly popular franchise, the number of these opportunities around is mind confusing, that being said if you have or can raise from £5000 to £100000 depending on the type and size of franchise you undertake, then it is surely one of the easiest ways to set up in business as everything from training to stock is supplied to you on a plate.

should you feel that franchisees are not the thing for you, and you have or wish to start a fully independent business, but need the capital to get started then their are ways to go about it, below are a number of  methods i not only believe work, but have helped clients to implement.


property:
using property is a simple way to make money at any time, regardless of whether the economy is doing well or not, their are two basic systems in use by those using property as an income source.

flipping a property is possibly the easiest and quickest system around, oddly enough it is mostly used by businesses rather than individuals, why it should be the case is possibly due to the fact that the system involves a high turnaround rate with a one off financial return. (flipping is merely buying, fixing up and reselling it for as much as you can as fast as you can, for profit).

buying to let, this type of business is mostly embarked upon by individuals or couples, although not exclusive to individuals or couples. the reason for it’s popularity among the afore mentioned section of business types is due to the long term regular income streams available over a number of years, well into retirement in fact. with the added bonus of additional refinancing opportunities that will present themselves at intervals when equity has been accumulated, this is a winner all day long.

start-Up:
A new start-up business can be anything at all, there is simply no limit to what it can be or your plans for it. new businesses are however notoriously high risk due to their extremely high failure rate, the complete lack of any track record in terms past history also
tends to make all but the bravest of investors shy away, there are ways around this however.

take over:
taking over an existing business is possibly one of the most under rated ways to set up in business yet is basically for the most part very straight forward, an existing owner looking to sell may well over intensives such as, accepting a deposit payment and allowing you to pay the remainder by weekly installments over a number of months or years, depending on what can be agreed.

it is not uncommon for a seller to offer more than generous goodwill in terms of any existing stock included in the business, this can extend to suppliers and banks by way of putting in a good word or allowing you easier payment terms, in the form of how you can pay them for the purchase of their business.

take over (failing business):
failing businesses are practically given away, and as such can be a very good way to get a business off the ground, if a failing business is one in the same or similar field as one of interest to you, then this can be ideal.

problems you come across with taking over a failing business are problematic in the extreme, depending on it’s size you can be dealing with anything from rut digging management oblivious to their plight, to someone fully aware of their problems but unwilling to make the necessary changes. with these types of attitude being prevalent you will do well never to pay the asking price for any failing business.

as a failing business is usually coming with more baggage than a luggage wholesaler it is wise to embark on this type of venture as part of a team of investors who are taking a punt on making it. Banks will rarely provide financing for these kinds of deals.

sellers under these conditions can be highly motivated, the reason is often based on the fact that they can’t believe their luck at a chance to get out and either make a profit or get away with minimal loss.

If you can convince a group of investors that you have the skills to turn around a bust or almost bust company and turn a profit, you may be winners.

seller options:
where a business seller is willing to offer financial incentives for you to take over, there are several options.

asset financing allows for the sell off part of the business, releasing money for partial financing. items such as vehicles, equipment, etc are common, basically anything owned by the business.

producing a buyer for part of the company or its stock, or arrange a deal with a supplier who is willing to offer special credit terms to help you in the event of taking over a business so that their sales and yours will continue seamlessly.

financing Options:
money to purchase a business is available from a number of primary sources - banks, sellers, and outside investors. Each source has its advantages disadvantages and requirements. raising money for a business means doing what it takes, and often involves all or some of the following: selling assets, borrowing money from family or friends, applying for government grants, maxing out your credit cards, using and extending your overdraft, using venture capital, securing loan against a property

the different sources of raising money offer multiple ways to achieve the same result, which is to gain enough money to buy or set up a business.

combining sources and methods, and the type of business you choose to establish depends on how you best proceed.

Self-cert loans/mortgages

Self-cert loans/mortgages
 

These days, lenders are now more careful with applications from clients that are not accompanied by PAYE payslips, or accounts in the case of self-employed, the result is they have either reduced the number of self-cert mortgages they make available or simply vacated the market entirely.

increasing numbers of lenders are placing priority on lower-risk prime mortgage business, with deposits from clients in place, and proof of income.

according to industry figures, there were around 40 self-cert lenders on the market at the end of 2007 with some 900 or so different deals available, by contrast there are now few if any lenders around willing to offer self-cert mortgages.

those lenders who do remain in the self-cert mortgage market, often require potential borrowers to confirm their ability to afford the loan, this confirmation may include an in depth interview with a loan adviser to assess whether the application is viable.

with an accountants verification of self-employed status, a loan will then be based on the mortgagee net disposable income, this often increases the likely hood of a successful self-cert mortgage application.

applying for a self-cert mortgage is not a cause for worry, there are ways to ensure you are viewed as being a good self-cert risk for a lender to issue a mortgage to.

be entirely honest with your application, particularly in relation to income, do not for example claim bonus payments as part of your regular wage.

negative issues can lead to you being required to pay a higher percentage as deposit to secure your mortgage, with self-cert mortgages being 1% above normal mortgages you can find yourself being priced out on the ability to afford a self-cert mortgage.

candace2finance.com/mortgages

Prepaid card

PREPAID CARD


prepaid cards can protect you and; your bank account, they are ideal if you have agreements with creditors or simply like to shop on line, they are an excellent budget tool.

Paying for items or services with a normal credit or debit card means you are engaged in what is called a * ''continuous payment agreement'', what this means is your agreement cannot be cancelled either by you, your card company or your bank, it can only be cancelled by the receiver of the payment.

if therefore you are using a normal credit/debit card to make on line payments, then in effect your bank account, access to it, plus all of your income/savings are under the control of a third party and not YOU or your BANK.

a prepaid card limits the amount that can be taken as you only have to load it with what you want to spend, with a pre-loaded amount, you also avoid any further unauthorized deductions form your card, you can also simply dispose of the prepaid card if you wish and get a new one.

industry figures show that as much as 73% of people never check their credit card bills on a regular basis.

any opening amount placed on your prepaid card is yours to spend when you activate your prepaid card

* relates to UK law



candace2finance.com/banking

Overdraft

OVERDRAFT


With the recession due to bite even harder, you may well need to utilise the overdraft facility with your bank account. before you do there are a couple of things to bear in mind.

the first thing to remember when considering an overdraft, is the effective annual rate (EAR) and cost.

secondly is the available interest free overdraft protection provided by some banks, this is an extra level of spend, over and above the stated and agreed overdraft rate that you have made with the bank before they will apply/enforce any fees/interest on any unauthorised overspend on your part.

candace2finance.com/banking

loans

LOANS


The problem with finding a quick loan of any kind is that until and unless you look for other external financial aid, the task of arranging funds within a short span of time does not seem to be possible.

The loan market is full of various loan offers, from where you can get funds as per your and requirement. However, it is the brokers that suits the current economic circumstances at present.

no individual can ever be safe and secure regarding their financial affairs. Which situation occurs suddenly can never be predicted.

Finance may be required for meeting a variety of unexpected occurrences from an accident to treatment, or to repair/replace your damaged car or property. In these situations an independent broker can secure the best possible personal loans that are available in industry, the thing on which you can fully rely upon is a no fee licensed broker working for you.

Business Loans are also available. If you have been refused loans and have an adverse credit history we may be able to help for;


* Personal Loans (Secured and Unsecured)

* Business Loans (Secured and Unsecured)

* Consolidation Loans

candace2finance.com/loans

Mortgage rates

MORTGAGE RATES:

According to the British Bankers' Association, gross mortgage lending has dropped by over 50% & lenders are requiring 15% + as deposits, lending is also at it's lowest for five years
with home owners due to experience their first mortgage rate rise by the end of this year as most lenders are due to put rates up by significant amounts.

though affordability has eased recently, it is still hugely expensive to take on a mortgage especially with weekly earnings falling around 2%.

the situation is about to worsen due to the number of self certification mortgages held in the UK, better now known as sub prime mortgages,held by a mixture of those who never had a large income, and those who have had a reversal in their level of income.

if you are experiencing difficulty, visit us at;
www.candace2finance.com/loans

Credit repair

CREDIT CRUNCH

Despite the claims of some companies removing a CCJ is not straight forward. The only way to have a CCJ removed from the Register of County Court Judgments is to prove it was listed in error. If you believe you have a valid case then visit us online.

Usually a CCJ cannot be removed and the best way forward is to settle it off.

By clearing your CCJs your credit rating will improve immediately and it demonstrates that you are dealing with your debts in a responsible manner.

A settled CCJ is far less damaging so why not contact us today to see if we can help you.

Most creditors view a CCJ as a last resort and will have attempted to reach an agreement with you many times before taking you to court. Unfortunately most people find it difficult to deal with debt collectors and do not understand the deals that can be made with them.

At Candace finance we assist in dealing with arrears and can help you avoid or remove a CCJ.

If you are behind with your payments and worried about repossession, bailiffs, CCJs bankruptcy visit us now 

www.candace2finance.com/credit_repair

Financial services

FINANCIALSERVICES

a house is not the only large financial risk and commitment you will ever make. 

the fact is your insurance is also large a financial risk, remember, it does not matter who your architect is, what neighbourhood you live in, or how much you paid for your house, if you don't have an insurance policy you are dead in the water.

your mortgage is large in terms of your overall repayment/value. & your insurance has to be at least as big to cover the value of your home.

Do not only rely on insurance comparison sites that simply give you policies based on a star rating, do some online leg work, high star ratings can in some cases simply reflect which insurer is paying the best commission for the comparison site.

www.candace2finance.com/insurance

Candace finance your one stop shop for financial services;
Mortgages:
for all your mortgage requirements.

Credit check:
Experian offers personal or business credit checks that enlighten and empowers you
by providing searches, The service is completely impartial, simple to use and free to you.

Wills:
Try our free and unique 100% impartial wills service.

Credit/debit Cards:
Compare and contrast credit cards & debt cards.

Loans:
Compare and contrast personal and secured loans.

Bank Accounts:
Compare and contrast a range of bank accounts.

Insurance for any purpose:
Compare and contrast a wide range of insurance products.


http://www.candace2finance.com/

Car insurance

CAR INSURANCE


Protecting yourself and car

Once you decide to take out insurance you will need to make sure you are correctly covered,
in order to help you do so we have provided a series of vital questions you should ask.

key questions
will i receive immediate cover once i have paid for my policy ? can i have or add no claims break down cover on my policy ?

can i get my NCD protected?what is the excess limit of the policy? can i pay for my insurance by instalments ?

can i have 24 hours claims and support with my chosen policy ? do you provide the best deal available from a choice of insurance companies or are you contracted to a single underwriter?
NCD = no claims discount.

candace2finance.com/insurance