Credit Crunch

Credit crunch is a situation when the availability of credit becomes very limited and the interest rate is also become high. Experts say that careless and irrational behavior of the lenders leads to the loss for the lenders and when the loss touches zenith then they try to restrict the credit and the market falls into the credit crunch. At the time of credit crunch lenders try to give loan only to the secured borrowers. Recession is sometime conceived same to credit crunch. But both are characteristically different, although recession always comes with credit crunch.
Here is a funny song that you can enjoy if you need to refresh yourself from this credit crunch.
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Payday Loans Online

Do you think you know all about payday loans? When was the last time you checked out the online cash advance? If you haven't seen what's new lately, then you're in for a pleasant surprise. These days, the no fax payday loan or online cash advance is a much better, safer and more secure loan that you can obtain.

As for instance, just check out the terms of a recent no fax payday loan. You'll notice that not only it is easy to understand the payday loan terms that you're signing up but, you're also less likely to incur avoidable fees. This is because the industry is moving away from its early stages of a fledgling system that offered few protections for the borrower. It is becoming a regulated financial management tool in the current times.
Financial planners are now recommending the online cash advance, which is also known as the no fax payday loan. If you compare it with late payment penalties on any credit card, then you’ll find that you can save money if you go for cash advance online. It's quite hard to believe that the same product put people into the debt trap a few years back. According to industry professionals, it is not only one of the safest and secured products in the present times, but it is also a tool that can help people save money and get their budgets under control.
Go see for yourself and find out about the new cash advance online. You'll like what you see. If you have questions, then you can call the toll free number to get more information from the customer service staff.
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Let’s Change Our Money Habits

Manage-the-moneyEveryone likes to have more money but when you are living on a fixed income then to make huge money is very tough. But if you try to follow some rules then you can save some money for your future which can help you to create heap of money in future. You don’t have to cut all the expenses off and make the life a dull, but if you use the money wisely then you can enjoy the life more. If you can change the habits then you can keep tab on the wastage of money and also use the money for more important usage. If you change the money habit, then you have to worry less before spending the money as you have enough money to enjoy the life in its full. I am trying to point out some of the bad money habits that is harming us like an swine flu epidemic.
  • Expenditure greater than the income.
  • Late payment of the bills and instead of getting rebates you are paying the penalties for late payment.
  • Impulsive buying.
  • Paying the minimum credit card payment and paying high interest rates.
  • Using your full credit card limit.
  • No emergency fund for unexpected reasons.
  • No clear idea about where to spend or not.
  • Borrowing money from others to do the expenditures at the end of the month.
  • Giving very expensive gifts to the others.
These habits are really tough to change but to stop these are the need of the hour. Otherwise it can be really late to recover. At first identify all the bad money habits.
Today’s tips is now over, I have to leave now and we will discuss in the next post, till then goodbye.
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Adieu, Yahoo...

Yahoo and Microsoft announced that they have signed a 10 year agreement for search and advertising issues. In a simpler version its that Microsoft will provide the Yahoo search results and Yahoo will work on the worldwide premium search related advertisements.

The Yahoo fans will now miss the yahoo search results and get the Bing search results on their screen as answer of their query. This will give the searcher less option to search in the net.

Google is dominating the worldwide search market with 65% market share. To stop its domination the Yahoo- Microsoft is joining hands and their combined search share is now 28%. Although the share is almost 50% of the Google share, still this deal will give the advertisers new space to showcase their product in a much bigger Bing platform.

If the deal gets the approval of the regulatory body of USA then the Bing can pose a challenge to the Googledom. This approval will not be effective until they get the final approval from the regulatory body which can take at least 2 years.

This deal will leave yahoo basically a marketing and sales and media company and Microsoft will focus on the search technology and the infrastructure. This can also make scope of more improvement for both the companies as they can concentrate with a single sector to compete Google. Although the Wall Street is not at all happy with the deal and yahoo shares dropped by 12%. Google also had to shed 0.8% share price as its impact. Only Microsoft has shown a sunny face with the 1.4% advancement. They are not happy with Yahoo’s surrender to Microsoft in such a manner and there is a fear that Yahoo now can die very soon.
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