Personal Loan: Do I Guarantee Having a Clean Name?

Many complain, " I got a clean name and they denied my personal loan application! How can you? ". Thinking of answering this question, we prepared this post that explains why this may occur:


Clean name does not guarantee personal loan approval

This is a fact that many do not know, but it is true. No bank and financial institution takes into account only the clean name factor to release a credit. There are several other points that they look at together in a credit analysis.


1. Payment History

Even with a clean name, if you do not have a good payment history, you will hardly be able to get a good loan offer. Depending on the place, your personal credit application will not be approved. This, therefore, considering your payment history, you are not part of the public with which they work;


2. Ability to pay

Let's assume you have a clean name and a good payment history (you have never delayed an account). But if you earn $ 1,000.00 per month and want a $ 30,000 personal loan installment in 30 times, you certainly will not be approved. The reason is in the ability to pay. Even considering that you have no interest, in this loan condition you want, the value of each installment will leave $ 1,000.00 per month. You could not spend 100% of your gain to pay off a debt, and there are other bills to pay. Thus, it is good to know that your income commitment greatly influences a credit analysis;


3. Proven income

One reality is, "The higher your proven income, the higher the maximum loan amount you can get." This is related to the ability to pay that we explained above. A good tip we give readers of this post is to tell you how much you actually earn, and that you can prove it in some way;


4. Other variables

Besides the 3 important points we explained above, each place looks at different variables, such as: customer geolocation, age, type of occupation, and others. Therefore, it is natural for you to be approved in one bank and not approved by another financial institution.


But it's easier

As you may already understand, the loan with a clean name is not guaranteed, but it sure is a lot easier. Those who have some restriction in the CPF usually have more negatives in relation to a request for personal credit. In addition, those with a clean name are more likely to get lower rates.

Remember that you should take care of your financial life so that the moment you need a loan to carry out a plan, you will find better opportunities.


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5 Tips for Organizing Personal Finance

The organization of personal finances is a fundamental point in the lives of all of us. Financial difficulties directly affect the emotional aspect and productivity at work, besides causing instability in the family environment. Many believe that just having money for all problems to solve. In fact, this is a consequence, not a cause.

Contrary to what may seem, financial stability depends on relatively simple actions - basically planning and discipline. Organizing finances is the first step towards achieving dreams and projects. From day-to-day initiatives, anyone can achieve financial equilibrium and become a second stage investor. Here are some tips:


1 - Budget day

Set aside one day a month to organize your financial life. Assemble a spreadsheet with fixed expenses, debts, payments, occasional expenses. Also enter all your income, such as salary, receipt of rents, eventual gains etc. Assemble your monthly budget, matching expenses to revenue. The ideal is that there is always 10 to 20% more left over.


2 - Define priorities

If the budget is in an imbalance - expenses greater than revenues - the way forward is to reduce expenses immediately. Set priorities and eliminate what is not essential. This adjustment period requires discipline. Remember that it is necessary, but transient. Going to the restaurant, sightseeing, traveling, or buying superfluous can wait until financial equilibrium is resumed.


3 - Learn how to use money

Most people worry about learning how to make money, but not how to use it. There is a big difference between the two situations. Everyone knows stories of businessmen who have accumulated fortunes, but who ended up broke. Nothing is better than learning from the mistakes of others. Read, study, search for finance information. There are several books, magazines, newspapers and websites that translate "economics" into everyday language.


4 - Set financial goals

Determine a value, time frame, and financial goal to be achieved. Organize yourself to create the conditions for the goal to be met. Example: buy a car worth $ 30 thousand within two years. Review your budget and see how you can rearrange it to get the car on time.


5 - Always save

There is no organization of personal finances without saving. It is the capital reserve that allows the person to face emergency situations or seasonal crises. Consider as a commitment the task of saving 10% to 20% of your monthly income.


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Know About Personal Finance

There is a lot of talk about personal finance, but a lot of people do not know what it's all about.

Have you stopped to think what this is, anyway?

Personal Finance is the name given to everything that relates to the financial scope of an individual, applying the same financial concepts used in a company. This means that in your personal finances, you will hear about budgeting, planning and cash flow, among other things that are part of that important point of your life called "Personal Finance."

And in this text, we will discuss topics related to your personal finances, so that you know the secrets that differentiate the millionaires of the vast majority of people when it comes to personal finance.

Do not you understand why "accounts never close"? Never "spare" money to invest? Are you always in the red? Does your estate seem like it never goes away?

Now is the time for you to understand exactly how your personal finances are critical to all of this.

Watch the video below to begin to understand how you can cut spending, set priorities, save, and fulfill your dreams:

Want to know how millionaires do? Now the time has come, shall we?

Why is it important to understand everything about personal finance?

Understanding of personal finance is as basic and fundamental as knowing the way home, knowing how to use the internet or the phone. The money is part of our lives, without which we cannot have access to almost anything: from basic to leisure.

Those who do not understand personal finance are hostage to a system designed to keep people in debt and unable to invest. In other words, a system to keep people financially poor.

Do not think that whoever drives an expensive car, lives in a big house in prime location and has luxurious habits, understands personal finances or even is rich.

In fact, these are strong indications of indebtedness and total disability in personal finances.

Often these "pretending to be" people are highly indebted to "keeping an image" which, if they were dedicated to their personal finances, would perceive it to be at odds with their financial reality.

Knowledge of personal finances will allow you a virtuous circle that begins with caring for your budget and financial self-knowledge, culminating in personal investment and enrichment.

Spend Less Than You Win

personal finances spend less

Remember that it is vital to spend less than your salary.

Did you notice we talked about "budget" and "financial self-knowledge"? It seems obvious, but all this begins with "knowing yourself financially."

Believe it or not, many people even have the habit of looking at your bank account statement - and so, how do you know your personal finances?

So, it's never too easy to say: basics are the most important.

Start by creating the habit of looking at your statement often, identifying exactly how much you get in and how much you get out, to get to the crux of personal finances: spending less than you earns.


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Tips on Personal Finance

- Transform Your Financial Life with Rule 50-15-35

Have you heard of this rule? Well, it's pretty simple. It consists of applying a metric to the idea that we always repeat: goals and goals.

The concept is simple: divide your budget into three percentages to where your income should be directed (or 3 limits to your expenses).

50% for essential expenses, 15% for financial priorities and 35% for lifestyle. This means that everything basic and fundamental should not exceed 50% of your budget: housing, consumer bills, education, and so on.

Next, your financial priorities should be limited to 15% of your budget. If you are in debt, this is the portion that should be channeled to pay these commitments.

Otherwise, this percentage should be devoted to saving and building equity.

By following the two parameters above, you'll get 35% of your budget to spend on things you enjoy and make sense of your life: walks, hobbies, restaurants and everything else that sets you up and motivates you.

Without these things, personal finances are compromised, for life literally loses grace.

Take care, therefore, to label as "superfluous" exactly the things that bring you joy.


- Make a personal financial planning

A lot of people think that Personal Financial Planning is a seven-headed animal. But it is not. In fact, the great secret is to be simple and functional. The basis of any planning is simply to set deadlines and goals.

In short: it is knowing what one wants, when one wants, in order to plan how one gets there.


- Assemble a monthly expense spreadsheet

Personal finance is nothing without control. And since you do not control what you do not see, how about you start making your monthly spending spreadsheet? Even better; there are plenty of spreadsheets ready to get you started right now.


- Learn accounting with the rich

Rich people are not rich at random. One of the main things that sets them apart from other people in the world is the incredible attention they give to their personal finances. And as knowledge means power, you know enough of every aspect that involves your money.

And one of the most important aspects, ignored by most people who cannot get rich , is "accounting." You need to understand the accounting fundamentals to be able to hire a good accountant and thus avoid losing money.

We're not talking about anything illegal, quite the opposite. Rich people know accounting in order to avoid unnecessary taxes and taxes, money that in their hands only grows their assets.

Note that every time you read a biography of a millionaire, part of your secrets will always go through impeccable accounting and tax knowledge. The secret of who has it: never lose money when it can be avoided.


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Anabolic Diet: How to Improve Muscle Definition Without Putting Your Health at Risk

Those who go to the gym religiously know that muscles do not come from day to night and depend mainly on regular training, rest and good nutrition. Still, it is quite common for fitness fans to encounter at some point the dreaded stagnation, a phase in which, even with so much discipline, the physique seems to be no longer evolving. It is at this moment that some are seduced by the use of anabolic steroids, extremely dangerous substances, widely known to increase the performance and the results of the training, but at a very high cost: the commitment of health.

However, those who face this problem do not have to risk so much, there are other ways to resume muscle development without falling into traps. An alternative is to strengthen the diet with prohormonal foods, especially those capable of increasing the secretion of testosterone and GH (growth hormone). Anabolic, these hormones are indispensable so that the body can progress in the gain of strength and lean mass, moving away the muscular inertia. Want to know more? Then check out:

After all, what is anabolic?

Although many people associate the term solely with so-called "bombs," anabolic drugs may actually be various substances, including food. This is because the concept is linked to anabolism - a state in which the body (in a well-summarized view) builds and / or increases the lean mass level. So, in short, anabolic are substances capable of benefiting muscle building, even preventing the opposite process from occurring - catabolism. The controversial "bombs" are, specifically, anabolic steroids - synthetic anabolic hormones capable of providing an accelerated and efficient mass gain, but with extremely harmful side effects when used indiscriminately.

On the other hand, as sports nutritionist William Reis explains, anabolic nutrients are indispensable in the menu of those who want to improve the results of the training. "A good diet is fundamental for anybody who practices bodybuilding, because it prevents the body from entering the catabolic state, use lean mass as energy. However, improving the anabolic state goes beyond: certain nutrients are able to stimulate the endogenous production, i.e. natural, of testosterone, GH and other anabolic hormones, benefiting physical development without posing greater health risks.

The role of hormones in good form

To understand better, one must know, albeit superficially, how some hormones act in building muscles. Testosterone - the main male hormone - is responsible, for example, for reducing the catabolic effect, increasing physical strength and favoring other anabolic hormones, such as growth hormone. And whoever thinks that this substance is produced solely in men is deceived - women also secrete testosterone, only in a smaller amount.

Already the famous growth hormone GH (growth hormone) benefits protein synthesis, cell regeneration process and construction of tissues, essential for anabolism. Produced by the pituitary gland, this hormone is responsible for numerous functions, including the development of height during childhood and puberty. However, in adulthood, it acts on cell reproduction, especially on muscle fibers. Normal levels of GH also help reduce the concentration of subcutaneous fat and cholesterol in the blood; besides improving the appearance of the skin and even benefit the libido.


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