Bizhunt - An online tabloid on financial risk management | Finance Blog

Next part of the previous post......... Now finance services are getting more advantages on the net. No need to go so far; just think about the banking services first. Now the entire banker has come with their internet services, you will be getting all the banking services in any 24 hrs on the net. Yes, there is no counter where you need wait in a long queue, it is known as "virtual banking". The concept of internet banking is two types. • E-Banking: It's not like the traditional banking services. 24 hrs you will be getting all the services through the internet. The whole infrastructure is designed on the net. You will have to manage you’re a/c by your self through the computer. Starting from the a/c creation to money transferring. • And the other is the traditional bank who has newly come up with the internet service for the consumers. Here also you can mange your own a/c if you don't want to go to the bank physically. Here internet works as a media, through...

Now this is time to implement your business skills through E-commerce. I know that some amount of marketers who have already designed their business structure with E-commerce business solutions. Now what is e-commerce? And how does its effecting in this business world. Let see a flash back about E-commerce. Since 1970 electronic commerce was established with a good technology. People used to do some electronic transactions like EFT , (electronic fund transfer), EDI (electronic data interchange) etc . . . . After 1980 maximum person started using Credit cards, Automated teller machine in E-commerce. From 1990 E-commerce has been additionally included in ERP (enterprise resource planning), Data mining, Data warehousing. And you can see that in ERP there is special program call SAP has come with more E-commerce related module like CRM (customer relationship management).The concept has been implemented with more & high technology. Today E-commerce means buying or selling goods/se...

Short Sales are a mystery to most consumers because there is some confusion about the impact they have on their credit assessments/credit scores. It has been confirmed by fair Isaac (who is inventor of FICO credit rating system) that a short sale to be a big derogatory item because of it being listed as a settled account. Any derogatory incidents may have a serious negative impact on your credit rating. Now what is the different between short sale and foreclosure? Communication is the main difference between short sale & foreclosure. It has been seen that, in case of foreclosure process there is no communication between home owner & the bank. But there is a communication between the bank/lender and the home owner. In between homeowner/the home owner's representative can have negotiation with the bank/lender. Besides negotiating a reduction in the loan fee, they could also be to negotiate what the lender with the three credit bureaus once the transaction is cl...

We are very much aware about the money making reality shows on TV channels. Yes every body wants to be a millionaire, how it doesn’t mater but we want money. Am I right? NO a big NO. Yes we want money but should be in an honest way. I am not talking about those reality shows, which gives you winning prize money; I just want to come to the reality. Let’s come to the topic.................. In our day to day life we get such kind of offer from where we can have more money in a Second. But make sure, those offers are fake. Yes I am talking about the online Lottery. It’s a very risky factor while you will be managing you own finance. Let me show you an email as an example: Now I think you have got an idea about this. They are 419 scammers. That might send you an email from yahoo, msn or any free mail service provider. What do you think I got this money? as per their mail it should be £2,696,385. Don’t get exited, I didn’t get it. Now just use your common sense, you didn't apply fo...

Now don't waste your holiday time for the bad weather, because French travel agency has come with a new insurance policy ( Sunshine insurance ). It sounds very good for all tourists who love SUN. Nobody is there to interrupt them. If a heavy rain also wants to spoil you're dream to see the SUN, French travel agency is there to reimburse your money. The holiday groups Pierre ET Vacances and France Loc launched this insurance policy. It will be an automatic reimbursement if the weather condition is out of the expectations. You will get a part of cost of the trip if you suffer at least four days for bad/cloudy weather. You can claim up to four hundred euro ($555+) for a bad trip by the holiday makers. You can inform you holiday maker through text massage or via email if you are eligible to get the compensation. You will receive your money back via cheque after returning home. How much money you will get for the bad trip? It's a BIG question. NO problem it will decided b...

If you have a health insurance, then you know that an application is a very difficult step to process of your health insurance. If you do not have health care insurance, and are not familiar with what is the meaning of filling a claim, do not be intimidated. Filing an application for insurance may have many steps, but is not particularly difficult to understand. Yes, it’s true that there are exceptions to every regulation, and in some cases it can be complicated, hard & especially frustrating, while filing a health insurance claim. now maximum time we see the if some body has a health insurance, many times he/she got the doctor or hospital to make a file for him/her. Or are you just saying what your co-payment will be - if there is 1 at all - you pay and that's all there. However, at other times, you must file your claim with the health insurance company. When this occurs, you must show the receipt to your health insurance company for your reception. Make sure it is detailed....

Yes you don’t know that in your locality the insurance scammer is waiting to earn handsome money from you. How can you understand? There are so many fake insurance companies will come to you with their bogus policies and very low and attractive interest rate. Maximum time they will get in touch with you over the phone & they will try to convince you to take their policies. Please don’t go with them. As per the estimation of National Insurance Crime Bureau it has been find out that almost $250(approximate) in a year insurance premium for normal household. And it costs millions of dollars every year, so just try to recognize it & don’t fall victim yourself. It’s not so tough, just you need to take care of it by educating yourself. It’s a general fact that if any body tries to make money in a short process they will simply make money by insurance transaction. Now national wide all insurance scammer increased dramatically. It costs almost $80 in a year. In 2007 it was foun...

Spokesman for the White House Robert Gibbs said the Obama administration keeps an eye on California misfortunes. State officials have offered to assist the U.S. government with financial support or guarantee of state debt We have put in place since May on the assumption that there will be no help coming, "said Tom Dresslar Lockyer…. the spokesman.” we do not ask for a bailout. We wanted the federal government to intervene and provide support for borrowing our cash-flow. Meanwhile, the credit rating agencies Wall Street triggered the budget lack. Fitch lowered its rating on California general obligation, debt one notch to A-minus, last week, the four notches on top of speculation, or "junk" status, and makes the lowest rating of any state Fitch also warned of further declines, as Standard & Poor's has warned against possible declines in the general obligation debt California. Moody's said the state could see a deterioration of its multinotch note A2. Moody d...

The gob Of California Arnold Schwarzenegger declared an emergency to the force law makers into a session to handle a state budget gap. This had widened to $26.3 billion from $24.3 billion as they were unable to close it on Tuesday. Lawmakers had a debate till midnight on Tuesday but they were unable to come to a conclusion for balancing California’s budget for the new fiscal year. The notes from the first time in 17 years, the most populous U.S. state of government to the extent unusual and spectacular - and followed warnings from Wall Street that the state's credit rating to be lowered in May, that would increase borrowing costs. Although the legislature did not solve our budget problem, yesterday, rest assured that the resolution of the overall deficit remains my first priority, and until I did it, I will not take rest. As per Schwarzenegger he will not be the part of this crisis on the road - the road ends here. While California legislators grappling with delays of nearly ...

Here you will find the most important tips to protect yourself on given topic: • Keep an eye on your credit card each time you use it, and make sure you recover as quickly as possible. Whenever possible try not to let your card out of your sight. • You should sign on your credit card after you receive it. • The pin no or any credit card related password should be on your mind • When you are giving your credit card information in any website, 1st check how secured it is. • Avoid to respond to any emails if ask you to provide information on your credit card via e-mail (or over the phone) - and never respond to emails that ask you to go to any website to verify personal information. These are called "phishing" scams. • Please do not write your pin code no or password any where. • All the information which you are providing to get a new credit card, Please keep all these in a secured place(phone no, address, issued date, expiry date, a/c no etc.) • If you have more than one cre...