US Finance World

Here’s today’s Question of the Day:

What was your first job?

My first job was working for a restaurant called O.K. Corral in the town I grew up in. It was a restaurant that took over the building that was vacated by Sonic. My job was to get clean and cook. I HATED THAT JOB! HATED IT! I remember one night the assistant manager sent everyone home around 8 PM and then we got really busy and I it was just me and the assistant manager running things. I wonder how many orders I screwed up that night.

The owner was a slimeball who actually tried to burn the place down. I worked there for about 3 months I think. After that, I went to work for the grocery store in town. It was a much better job.

What was your first job?

Being self employed or owning a small business may be difficult for some people. Especially when you need more money to improve your store, invest in a home or for whatever reason. There are options available for those of us who make a living by providing services and do not always have an income source or an infrequent payment cycle.

Self employed loans are available for those who have an income source but not an available employment history. This can be for business owners, artists, home designers, writers and more. Mainly people who have some type of money flow will be able to get a self employment loan. Even if you get paid every quarter or maybe every 6 months, there are some banks that will allow for a personal loan based on self employment.

Getting extra funds when owning your own business can be tiring, especially if you do not have an employer as you are self employed. Getting funds for uniforms, special project materials or plain supplies can be difficult if you do not know where to look.

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When an $8-billion company goes bankrupt, it’s tempting to find someone to blame — and all the more so when that company is headed by someone as rude, crass and personally unappealing as Sam Zell. Now the foundering media conglomerate’s bondholders are targeting Zell, along with the investment banks that enabled his massively leveraged buyout of Tribune, accusing them of committing a form of fraud. But do they have the wrong scapegoats?

The bondholders, whose identities are not public, have reportedly asked the judge overseeing Tribune’s bankruptcy to either let them investigate the circumstances surrounding Zell’s takeover or assign an independent investigator to do the same.
They claim that J.P. Morgan and the other banks that backed the deal committed “fraudulent conveyance” by engineering an acquisition that saddled Tribune with so much debt, it could only result in bankruptcy — allowing the banks to convert their bad loans into equity. Read more…

In this day and age of entrepreneurship, more and more individuals are finding satisfaction in running their own business ventures rather than in full time employment with an organization. Now, these self employed individuals naturally require sufficient investments and financial resources to help in the day to day running of their business and thus need to resort to financial loans from lenders. However, most financial lending institutions require a proof of income in case of their loans and the self employed individual is not likely to have such a proof of income to substantiate his claim for loans. Many lenders have realized this drawback in financial loan schemes and have therefore, introduced the concept of no income proof secured loans for the benefit of these self employed individuals, who can place their business as collateral against loan but cannot provide any definite proof of income.

Any individual, who does not possess audited accounts of his small start up firm but yet requires the financial backing of a substantial loan, can easily apply for the no income proof secured loans.

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Looking for a solution to your Credit card debt problem? First of all, you can take comfort in the fact that you are not the only one fighting the credit card debt problem. There are hordes of people who might have an even worse credit card debt problem compared to you; all of them seeking to eliminate the credit card debt problem. So what is the solution to credit card debt problem?

Well, the solution really is to smash the credit card debt problem with full force and eliminate it completely. Now how do you do that?

There are many ways in which you can tackle credit card debt problem. Different people suggest different ways of tackling credit card debt problem. However, here is a simple step by step account of what you can do to get rid of credit card debt problem.

1. Take stock of the situation i.e.

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