Using Your Liquid Assets to Get Emergency Funding

You never know when unexpected expenses might hit your household.  One moment you can be on top of your bills and the next in the red with your bank account because of a surprise bill coming due.

Rather than owe overdraft fees to the bank or use up all of your savings, you may want a more practical way to get the money you need to cover these expenses.  You may get enough cash to cover you and then some with a cash advance, Texas car title loan, or unsecured financing from a bank.

The Challenge of Bank Loans

The economic crisis of the turn of the century put every mainstream bank in the country on edge.  They lost billions of dollars in defaulted loans.  Even with the government bail out and subsidies, traditional lenders today are more likely to say no than yes to people who come to them to seek out financing.

Those who do apply for loans often have to go through unprecedented hurdles that put them on the spot and even make them feel unworthy of approval.  When you want to spare yourself the trial of getting a bank loan, you may decide to use a liquid asset that you already have at your disposal.

A car or truck that as a clear title can be your answer to getting funds to cover unexpected bills.  Using it as collateral could mean that you get approved for a loan that is secured with your vehicle.  You get close to if not the actual full value of the car or truck even if you do not have the best of credit.

You also do not have to surrender the vehicle to the lender as long as you make the payments on time.  You can continue to drive it as normal and avoid worrying about it being repossessed while you pay off the loan to the lender.

If you fear that the lender is not answerable to any kind of governing authority, you might put your worries to rest by realizing that the state of Texas closely regulates this industry.  You are protected as a consumer by both the lender and the overseeing governing board.

Surprise bills can jeopardize your savings.  You can avoid defaults and collections by using liquid assets in your possession to secure a loan and get the money you need today.… Read More

Chargeback to Transaction Ratio and Its Significance

Once you set out to accept credit cards as means of payment in your business transactions, you stand to increase your customer base, revenue and even improve productivity. There’s an element of convenience and professional image a merchant account service adds to your business.

But along with these benefits are the complexities of credit card processing. And behind them lurks the danger of chargeback – the situation in which the cardholder of the credit card that your business charged for a transaction calls their credit card issuer and disputes the charge.

Regardless of their reason for disputing the transaction, your credit card processing company will immediately withdraw the amount disputed from your business’s bank account or future deposits with the credit card processor.

The more the number of chargebacks the more your business will be considered “High Risk” and few payment processors will want to accept your business in their list of clients. Higher chargeback numbers increase your chargeback to transaction ratio.

Meaning of chargeback to transaction ratio

The chargeback-to-transaction ratio, or CTR, is the number of chargebacks an acquirer receives for a merchant in a calendar month, divided by the number of sales transactions that merchant made in the preceding month.

Visa and MasterCard determine the CTR by dividing the total number of transactions you made the previous month by the number of chargebacks filed against your business during the current month.

If this ratio exceeds 1%, and you register more than 100 chargebacks a month, Visa will include you in the Merchant Chargeback Monitoring Program. MasterCard on the other hand includes you in the Excessive Chargeback Merchant Program if the ratio is higher than 1% and you have a record of over 50 chargebacks a month for two consecutive months.

High CTR could hurt your business

A lot of high-risk merchants have had payment processors terminate their services because of increasing chargeback rate.

It’s therefore important to work with a payment processor that has a merchant chargeback protection in place because the best way to fight chargebacks is by not having them in the first place.

Such a payment processor is EMB that offers Chargeback Shield, an alert system that helps merchants fight chargebacks before it is too late.… Read More

Miracle of Medical Marijuana

Marijuana when misused can damage health. But in the right dose, this one plant could save human lives from various kinds of diseases. Therefore, consult experts before use is very important, allowing for easier access to consult one of them is Medical Marijuana Doctors in Florida, which is provided by the Florida Medical Marijuana Doctors. Here are the benefits of marijuana has been proven by science:

Prevent Seizures

In 2013 the Virginia Commonwealth University researchers found a compound in marijuana may prevent epilepsy attack. The study, published in the scientific journal, Journal of Pharmacology and Experimental Therapeutics, it calls Cannabinoids compound works by binding to brain cells responsible for organizing stimulation and a sense of calm in humans. Not only as a preventive drug seizures or epilepsy, marijuana as an Medical Marijuana Florida also help cure other diseases.

Relieve Glaucoma

Since more than ten years ago the National Eye Institute in the United States has suggested the use of marijuana to alleviate the symptoms of glaucoma. These diseases lead to enlargement of the eyeball and then pressing the optic nerve and cause vision problems. Consuming cannabis to suck, according to the NEI, can relieve pressure on the optic nerve.

Fighting Alzheimer’s

A study published in The Journal of Alzheimer’s Disease revealed that small doses of Tetrahydrocannabinol, the compound contained in marijuana plants, can slow the formation of amyloid plaque that kills brain cells and is responsible for Alzheimer’s disease. During the experiment the researchers used cannabis oil.… Read More