The Best Finance App

The best finance app, in my opinion, is Mint.com’s mobile app. Here is a list of its features and finance app alternatives if you prefer to use an app other than Mint.com.

Mint.com (Free)

I have been using mint for a long time now and believe it is the best finance app. Intuit bought this web site a while back so it is very secure, using bank level encryption.

Mint gives you a quick overview of your finances, which you can put on one of your main screens in the form of a widget. The widget will show your current cash amount and your credit debt. It will also show you the last time your information was updated, so you can be sure that you are looking at the most recent information.

Once you set up a monthly budget, you can access it with the app to make sure you are staying on track for the month. Mint is very good at knowing how to categorize your transactions for budgeting purposes and it will let you know if it does not know how to categorize a transaction.

The app automatically gives you alerts for various things, which include the availability of large deposits, what bills will are due in the next few days, etc.

You can get a very general picture of you investments with this app. By that, I mean if you simply want to know the balance of you accounts, you will be happy with this app. If you want to get more information about the performance of specific investments, you will need to go to the website.

To set up this app, I would suggest you log on to the main website to input all of you account information and set your budget. Once that is completed, you simply download the app, log in, and all your accounts are ready to go.

Adaptu Wallet (Currently Free)

Adaptu Wallet has many unique features like tracking loyal programs and creating spending forecasts. The app also allows you to store photos of insurance and business cards, which will decrease the clutter inside your wallet. The app is currently free, but the word on the street is they will start charging for usage sometime in 2012.

Pageonce (Free or $4.99 for Gold version)

Pageonce arguably has the best interface of all the finance apps. Your key account balances are placed in thumbnails that appear on the home screen. Contrary to popular belief, this app does provide PayPal support even though many claim it doesn’t. Balance updates are not as fast as Mint.com or Adaptu, some transactions take days to update. The Gold version has the useful ability to pay bills directly from the app, and this is the only finance app that can do this. The gold version also removes all the ads from your app.

Consumer Financing Porgrams for Online Retailers

If you are a business selling a product or a service that costs more than $500, chances are that some of your customers will need financing to purchase your products or services. In today’s economy, finding quality programs are more difficult to find than they used to be before the economy collapsed. Prior to the decline, most major banks had program options that they could offer retailers and service providers. Many of those programs have either been discontinued entirely or have been credit restricted to the point where the are no longer effective enough for use.

Retailers and service providers have had to use alternative sources in order to offer the same types of promotional program offerings that they once had. Because of increased regulation and risk, many finance companies have had to increase their dealer pricing. This reduces the margins that the retailer has.

Online retailers selling products like furniture and jewelry typically have smaller margins than brick and mortar stores, so this increase in costs really hits them hard. In addition, online retailers don’t do business with their customers face to face, so they are limited to using programs that have the technology for e-signature and a completely digital process.

How To Get Consumer Financing When You Have Bad Credit

Being a consumer today is more difficult than ever before.

Remember the days when you carried a wallet full of credit cards ready to take on the world? There was no emergency that could catch you unprepared.

Well, those days are long gone.

Perhaps you had your spending power vanish when the credit card companies panicked and crushed your credit limits. Perhaps you lost your job for a time causing you to temporarily fall behind on some bills and therefore, destroying your credit score. And perhaps, you no longer have that job that leaves you with any much extra income to save for those emergencies.

The end result is that you are walking around afraid that life will throw you a curve and you won’t have the resources to deal with it. What if your car breaks down requiring a costly repair? Or you have a health issue that requires a significant out of pocket expense? And what if something breaks in your home that costs thousands of dollars to fix?

It’s not a fun position to be in.

But if misery likes company, you certainly have plenty of it.

According to a survey conducted by the National Foundation for Credit Counseling, 64% of Americans claim they don’t have enough cash on hand to handle a $1,000 emergency expense.

This is frightening.

Think of all the things that can go wrong in your life that can ultimately cost more than $1,000.

What would happen if you woke up one morning and your tooth was in excruciating pain? You get yourself to the dentist and find out you need root canal. The cost? A few thousand dollars.

Or maybe, your dog or cat gets sick.

What would you do?

Some businesses, but not many, have decided to work with people with minimal resources. Unfortunately, they are few and far between.

If you walk into most health professionals, they will point you toward Care Credit, a consumer financing option arm of GE Capital.

But here’s the problem. Unless your credit score is 680 or higher (and if you’re still reading at this point, chances are it’s not), you will likely get declined. And approximately 70 percent of applications submitted to Care Credit are either declined or approved for an amount less than requested.

Those are not great odds.

But the purpose of this article is not to get you depressed. It’s to tell you that an answer may exist at a business near you and if not, if will very soon.

There’s a new form of merchant consumer financing that does not base approvals on credit scores at all. Instead, they focus on your most recent checking account history.

This form of financing cleverly determines risk in new way. If you have an established checking account used to pay bills and have avoided being insufficient in your account over the previous 90 days, you stand a very good chance of getting approved.

Businesses that offer this option can typically get an answer on your simple seven line application in less than ten minutes. You won’t be required to produce pay stubs or bank statements either. One personal check and a photo id is all you will need.

So, your days of living in a home that requires maintenance, driving around in a car that’s in disrepair or walking around in pain, may soon be a thing of the past.

In the not too distant future, a business offering a non-credit based in-house payment option will be as common as one accepting credit cards. Until then, when the need arises call a business and ask them if they offer it and if not, suggest they do, so you can get what you want and they can get a new customer.

How to Successfully Capitalize on Special Finance Leads?

In a highly competitive market, it is very difficult to generate quality special finance lead by the dealers. The process results in unnecessary wastage of time, energy, and money. In spite of spending a lump sum amount on advertisement and on running PPC campaigns in Google, still a dealer fails to produce the desired number of leads to meet the monthly target. Dealers who cannot generate their own leads depend on the professional lead providers to supplement the flow of new sale opportunities.

All providers produce new sale opportunities through their own marketing efforts. They usually have a couple of websites for an effective auto lead generation. Through advanced adverts offline and online and use of social media, the highest quality of leads are generated in real time. Pay-Per-Click (PPC) campaigns are used extensively to generate as many leads as possible.

When sending the leads to the dealer client, the professional lead generators ensure they are sending only the best quality leads. A team of efficient professionals works to separate the good quality leads from the bad ones. Usually a provider uses a lead tracking software to track the number of leads coming from different sources from websites, landing pages, blogs, advertisements, etc.

Bad quality leads are generated when so-called potential car buyers don’t respond to calls being made from the lead generating company’s office or for that matter don’t reply to the emails sent at least 48 hours ago. Such sets of people are termed as ineffective leads and the list containing the personal details of such individuals are not sent to the dealer. Effective leads are those that respond instantly to a call or an email and show a genuine interest to buy a car.

There is a misconception amongst many dealers that the providers send a lead’s personal details to multiple dealers. The lead generating companies have teams that check whether the same leads are being sent to more than one dealership or not. Cross checking of leads received should also be done on the dealer’s part to reject duplicate leads.

The reason for the huge popularity of the external lead generators lie in the fact that they guarantee the generation of maximum high quality leads. Once people fill up an online inquiry form to learn more about a dealer and the auto loan application and approval procedure, the generator instantly starts following up with those people. Through regular communication and responding to the queries of potential car buyers, special finance lead can be generated successfully.

Experienced service providers spend all their time in doing quality research on the type of target audience a dealer wants to have. The providers will use the latest, innovative marketing strategies to create a long lasting impression in the minds of the people. One of the best chances to increase visibility is to have a strong presence in various social media web platforms for maximum auto lead generation. Through maintenance of social media accounts and regular posting of interesting articles, relevant news, photos, and videos on Facebook, Twitter, LinkedIn, Google+, and so on grabbing the attention of potential car buyers can be increased to a large extent.

Matthew S Barredo is an expert researcher of special finance lead. He has over 7 years of experience in the genre of finance auto lead and the same. In this article, he has tried to educate the readers about choosing an ideal car lead generating company and auto lead generation for steady sales and profit.

100 Financing Investment Property

100 financing of investment properties refers to 100% financing from outside for your investment in real estate. Funds that are brought from one’s own savings, on loan from friends or relatives are in a way not much different from capital whereas real debt or Investment property financing comes from financial institutions. These entities – banks, mortgage firms and lending organizations like credit unions — lend funds to the applicant on the trust of a collateral security or based on the income, credit-worthiness and repayment capacity of the individual. Even if these criteria are satisfactory, an investment property financing institution may ask to be shown the business plan of how the applicant means to generate income using the pieces of property he or she means to buy and consequently pay off the loan or conclude the mortgage. The lender has the right to know how the business is going to be conducted because the revenues of this business determine how fast the loan is going to be repaid. With the turn in the economy, 100% financing investment property has almost been done away with.

100 financing investment property

In the United States, there are three credit bureaus, Equifax, Experian and Transunion, that maintain records of the lines of credit extended to each individual and how they are being handled. The credit reports formulated by these bureaus reflect how many credit card accounts a person has, how many times he or she has defaulted in payment or gone over the credit limit; other forms of financing availed by the individual such as home mortgage, auto finance or student loans, are also listed. Lenders and creditors have access to these credit reports and use them to check if an applicant is worth the risk of being given a loan. The exact features that point to an applicant as being risky can be found out after a professional analysis of one’s credit report. A high Debt to Income ratio and loan to value ratio are some of the red-flags. These areas have to be improved so as not be saddled with an exorbitant rate of interest and terms that are not favorable to the borrower. Some unfavorable terms are floating interest rates that send the finance charges through the roof upon a single defaulted payment. To prevent this eventuality, it is better to choose a deal with a fixed (flat) interest rate or a low ceiling rate on the interest rate slab.

Lending fees, high interest rates, discount points (another form of lending fees paid upfront to prevent the interest from racing up) can actually break the bank. In fact, there are many cases in which discount points have been deceptive and one ends up paying more for them, than the actual interest (finance charges) that would have been paid if the interest rates did go up. To prevent such goof ups, it is a good idea to take estimates from two or three lending organizations, compare their offerings and then choose the one that appeals most to one.

The worst pitfall to guard against is when some lender tells you that you are eligible for 100% financing of investment property. Those idyllic days are over. In fact, they are past their sell by date because there were not so idyllic. There may be such plans available on subsidy from the government for the exclusive use of first time homeowners who belong to the low income group. But this does not include investment property dealers. Traditional methods of 100% financing are now called owner financing and are still available but they are not an attractive option. It is not surprising that requests for owner financing are viewed with suspicion of default by lenders and therefore, that avenue is best avoided.