Payday Loans Vs Bank Loans – What’s the Right Choice When You Need Cash Now?

If you need extra cash to cover expenses, you’re probably trying to figure out the best way to borrow money. There are several options to consider, including borrowing money from friends or family, getting a cash advance with your credit card, taking out a traditional bank loan, and applying for payday loan. This article will cover the last two options, bank loans and payday loans, and compare the requirements and advantages of each. After reading more, perhaps you’ll have a better idea of which is the right choice for you.There are several important factors to consider when deciding which type of loan you need. Do you need a large amount? What is your credit history? When will you be able to pay back the loan? Let’s look at a few key points that can help you decide if you if you should apply for a bank loan or a payday loan:When do you need the money?A bank’s loan approval process takes time – typically weeks (or even months in the current economy). So if you need cash fast, a bank loan is not for you. Bank loans work better for planned expenses than for unforeseen financial emergencies. A payday loan, on the other hand, means the loan will be approved quickly and you can have cash in your checking account in as little as 24 hours.What is your credit score?First of all, you should know your credit score. The bank certainly does. Your credit score will play a large role in any bank’s decision about your loan application. If you have bad credit, it may be impossible to obtain a loan through your bank. On the other hand, payday lenders don’t look at your credit score. They only verify that you have a steady, reliable source of income to determine whether or not to lend you money. If your credit isn’t great but you have a steady job, a payday loan might be right for you.How much do you need to borrow?Payday loans tend to be for smaller amounts, usually a few hundred dollars up to around a thousand dollars. The amount you can borrow certainly won’t exceed the amount of your next paycheck, because this is the money that the payday lender is counting on for repayment. If you have an unexpected car repair and don’t have cash on hand to cover the mechanic’s bill, a payday loan could cover the costs until your next paycheck comes in. If you need a new car, however, you’ll have to apply for a bank loan. When are you able to repay the loan?If you can get approved for a bank loan, you’ll typically have years to repay the loan and have the option of making very low monthly payments. This is convenient because you know you have time to repay your debt. With a payday loan, you usually have a couple of weeks or at most a month to repay the full amount of the loan, plus the interest charged. You have to keep in mind that a large part of your next paycheck will go to pay back your loan, so be prepared to cover your normal monthly expenses and settle your debt in a tight timeframe.Finally, a note about interest rates…Remember that a payday loan is a SHORT-TERM credit option. Payday lenders charge high interest rates for the convenience of obtaining a quick and simple loan, so these types of loans should be used for emergency expenses only. Rolling over a payday loan can be costly, so plan on repaying it in full with your next paycheck. After answering these questions, you should have a better idea of which type of loan best fits your needs. Consider all your options carefully before deciding if a bank loan or a payday loan is right for your financial situation.

Guide to Choosing Your Apparel

Hence, it is extremely important that what you wear should be good and in style, because it is what you would be judged on by strangers or people who don’t know you. People who wear good clothing are bound to look more attractive and more stylish than those who pay no heed to their clothing and have a bad sense of dressing up. Therefore, it is extremely important that your apparel be a reflection of you inside, which is reflected on the outside. Furthermore, your clothes should not be overdone. By this, what I mean is that you shouldn’t be going around wearing a leather jacket in the burning hotness of the summer, or vice versa.Those women who like to party and like to socialize with the crowd and attend functions every other night are huge customers of designer apparel, because designer clothing makes their dressing look funkier and gives them that extra edge which makes them stand out from the crowd.However, with the influx of a large quantity of designers in the fashion industry as well as a range of garment shops that have opened up across the country, the right choice becomes quite difficult for a woman to choose the best dress for her party. Usually, every designer sets different rates for his or her clothes, as they fail to find the right choice of clothing in their budget.For people who have to attend a party or a relative or friend’s wedding, it is hugely significant to find the right get up for you. If it is a formal party, you must go in a suit which would exude a powerful image of you in the crowd. If it is a casual get together, it is suggested that you go in a simple tee shirt and jeans, or maybe half pants.Clothes that are designed for women can consist of a lot of designs and it is usually the part where creativity comes in to play. Women can wear a variety of kind of dresses, and it just depends on the designer to make the dress look attractive and make it more beautiful. Most importantly, women’s apparel must be comfy, and she should find it easy to wear it wherever she goes. It should also be compatible with the time of the year including the season, because no one would want to wear warm clothes in summer. Hence, designer apparel should be comfortable, suitable with the weather conditions and should complement the body figure of the wearer.Because of the rising prices in apparel which is designed by exclusive designers, there are a lot of people who buy their clothing from shops that offer whole sale apparel. This is clothing at quite cheap prices for people who can’t afford to buy designer clothing for themselves. It is the same quality and even the same material too. The prices however, are heavily reduced as these clothes go out of date early and are retired to factory outlets are whole sale stores in order to clear the stocks.

US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%

US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent

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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.

Source: Comex

Nasdaq Top Gainers and Losers

Source: Nasdaq

Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.