A timeshare is shared ownership of a property, wherein multiple individuals own a “share” of a particular home or property in return for its access for a stipulated period, typically once a year. Investors may sometimes wish to sell their timeshare for various reasons, like the inability to pay for travel or illness. If you want a release from your timeshare ownership, you must consider a few things to sell it fast and safe. 1. Determine the value Owning a timeshare means you have essentially paid for a set number of vacation days upfront. A timeshare’s value decreases over time, unlike real estate, so it should not be purchased as an investment. Additionally, you need to have realistic expectations while reselling it. It is quite likely that the resale value will be lower than the price you paid while originally buying the timeshare. Some owners simply return their timeshares to the property managers without asking for any money, but if you wish to get back at least something, you can determine the value of a timeshare by researching the resort it is located in and checking the prices of similar timeshares currently up for sale. The valuation depends on the location, maintenance, and how long you have owned it.

Earning a few quick bucks apart from your primary source of income is always helpful. Whether for selling used items or a side hustle, the internet is brimming with websites and apps that let you make money. However, many of these are not as legitimate as they appear. So, if you want to earn cash with apps, here are the best options. Swagbucks This app has an A rating with Better Business Bureau and more than 10 million active users worldwide. It is one of the best apps that lets you earn cash quickly. Swagbucks offers $10 to new users as a welcome bonus. Besides, it is easy to use; all you need to do is watch videos, play games, or take part in search surveys, and the company will deposit the amount in your PayPal account. Swagbucks also gives you the option to redeem the money and use it as a gift card on shopping websites. Dosh If you are an avid shopper and want to earn cash with apps, Dosh is one of the best options for you. Available on both Android and iOS, Dosh lets you make money every time you use your card for shopping online or at walk-in stores.

A credit score is an indication of the financial status of a person or a company. The credit score can either be categorized into a high score or a low score category depending on how much credit or debt is due. A good credit score is high. It gives investors a guarantee that the person will pay their dues diligently. It builds a steady and trustworthy relationship between the two parties. Bad credit loans or poor credit loans, on the other hand, have a low credit score, indicating that the person has not been paying his/her dues promptly and that the probability of default is higher. It is risky for investors to invest in people with bad credit ratings. In the United States, the Fair Issac Corporation (FICO) is responsible for calculating credit scores. To do this, it receives information from three credible sources namely Transunion, Experian, and Equifax. It strategically weighs out the information obtained to calculate the credit score. The scoring range is from 300 to 850. Any score below 579 is said to be a bad credit score. A high percentage of people have shown to delay payments with bad credit ratings. Bad credit loans default many a time.

They say Ignorance is Bliss. This is not the case with Debt Collection Agencies. Credit Counsellors, State regulators say that ignoring letters from Debt Collection Agencies makes the matters worse. Try negotiating with your original creditors, but sometimes it can be too late. Here are some tips: Know your Rights: FTC has publications to educate you about the rights and best practices while handling debt collectors. Harassing phone calls, threats and abusive languages are illegal and should be reported to FTC. Do Not Ignore: It is important that you do not ignore debt lawsuits and work on immediately working it out with the creditors. If the debt is wrong immediately inform and correct as this could affect the credit scores. Find Consumer Lawyer: If there is a lawsuit served it is best to find a consumer lawyer. Sometimes statute of limitation on debts will be over, however, if the debtor is not present in the court, creditor wins the case. Keep Copies and Records: There is no exact time, on how long the documents must be kept, however, proof of settlement must be kept forever. Safeguard Bank Accounts: Courts can freeze your accounts which is a problem for people living paycheck to paycheck.

There are moments when needed cash urgently. This could be due to the broken car or emergency medical bills. If there is a need to borrow money, you have several options which include personal loans and credit card advances who give you money in an instant. This is not possible with banks and other credit unions as they take time to process the loans, sometimes days and week. Before you make up your mind on borrowing money, it is important to look around for options. People with other personal installment loans and have bad or no credit must be more careful. For ex: if you need $1000 urgently, below are some ways of getting quick personal loans. Federal Credit Union: Federal Credit Unions are supervised by the National Credit Union Association(NCUA), a federal agency. The interest rates are 9.6% APR which will amount to a repayment of $1,155. The loan gets approved in a week or more. Online Personal Loans: Online personal loans are lenders without brick and mortar. Everything they do is through online process. The interest rate is at 19.84% which will amount to a payment of $1,335. The loan gets approved within a week. Credit Card Cash Advance:

Debit cards are great aids for ease of any form of transaction without actual cash. Without having to wait in a queue at a bank or write a check and wait for the bearer to be paid, one can simply use a bank issued debit card that can take care of the payment for any form of good or service. More importantly, the use of debit cards is possible almost anywhere as the whole world is moving towards easy transactions as opposed to the traditional cash and check payments. There are many ways in which one can apply for a debit card. Some of the most common steps to apply for one include: Any adult above the age of 18 can open a local bank account to get access to savings or credit along with the incentive of debit card issuance. Each bank has its own set of features and incentives for opening a checking account, so getting the best deal will depend on one’s unique needs. Some features that would validate a good checking account would be free checking, monetary incentives, free debit card and checks, interest checking, etc. The process of opening a checking account at a bank would involve filling out a form and providing ID proof such as driver’s license, social security number, and residence proof.

Export credit insurances provide businesses with a protective cover for the account receivables from foreign clients. Essentially, exporters get compensated up to a certain amount of their invoice if any of their overseas customers default on a payment due to withering commercial or political risk. Having this form of an insurance cover helps businesses to carry out their export sales without having to worry about transactional issues and also allow a business to manage its operations better. The main benefits for businesses from export credit insurances are: Since businesses receive an assurance of up to 95% recovery of a foreign invoice in case of a default, having the protection of an export credit insurance allows businesses to venture out and expand in the global market without being down with fear about payment recovery. There are businesses that could essentially increase their credit terms and allow for flexibility with their clients, thereby allowing for more purchase from the client. A business that has export credit insurance has a fallback safety net that will allow them to expand the range of sales with their customers without being limited in terms of payment anxiety. Export-related business have fewer options from lenders for export-related assets.

When you have a bad credit, you should realize that getting loans would be a difficult task. This is because, for a lender, a poor credit score means you are a high-risk customer for the lenders. Lenders who lend money to customers with poor credit scores tend to have very strict loan terms and standards. Visiting a Credit Union: A credit Union affiliated with your company or your community is one of the best options for people with bad credits. They tend to look beyond the credit score and look at your character and the ability to pay. Smaller credit unions have merged with larger ones who are actively looking for borrowers. Borrow from Friends and Family: It is better to borrow from a friend or family on short-term loans. However, non-payment of loans can poison the relationship. Even if it is a family, it is best to formalize the loan with fixed interest rates with proper documentation to avoid problems in the future. Getting a Co-Signer: Even if you are unable to get a loan from friends and family, then you can use them as a co-signer for your loans. This will work if they have a good credit score.

There is a point of good credit scores since it gives the abilities to get higher credit limits and other benefits with credit card issuers. If your scores are above 720 then you can get every credit card without any fuss. These credit cards should give better rewards. Generally, they don’t have an annual fee, however, those who have fees will give mega signup bonuses and generous rewards programs. Have a look at the best card companies for excellent credit scores: Chase Sapphire Preferred Card – 2 points per $1 spent, zero annual fee for the first year and then $95. You can earn 50,000 bonus points if you spend $4000 in the first three months which is enough to earn $625 reward for travel. There are also hotel and airline loyalty partners. Capital One Venture® Rewards Card – 2 miles per $1 spent, zero annual fee for the first year and then $95. You can earn 50,000 miles if you spend $3000 in the first three months which is enough to earn $500 reward for travel. This is one of the hassle-free travel credit cards where you can book tickets and redeem miles with ease. Barclays Arrival Plus® World Elite MasterCard® – 2 miles per $1 spent, zero annual fee for the first year and then $89.

A credit score rates a person’s ability to pay back his debts. The scores range from 350-800. Higher the score, lower are his credit risk. A credit score and report is based on a scoring system with 35% weight to your payment history, 30% debt burden, 15% on the length of credit history,10% on types of credit cards used and remaining 10% on the inquiries and applications filled for other credits. With the introduction of the FACT Act, every resident is entitled to a free credit report from the reporting agency once a year. The need for credit bureaus rose from the era when people started extending credits to businesses. They had their own vetting process and as the cities and trade grew it became difficult to assess the creditworthiness. Vetting people became a huge challenge leading to people stepping up to solve the problem. You can get free Credit Score is by visiting www.annualcreditreport.com , once every year. Today, three major companies dominate major market share in this industry; Equifax, Experian, and TransUnion. The above link will give you all 3 free credit reports once a year. You can buy credit score and reports from Experian or Equifax at any point of the year.

Visa Inc. is a financial institution operating worldwide, processing over 100 billion transactions every year. It has around 50% market share worldwide except China. The servers can handle up to 30,000 transactions per second and up to 100 billion computations per second. The data centers are protected from natural calamities, terrorism, and other calamities and can independently work without each other. Every transaction is checked with 500 variables with 100 fraud detection parameters including location and spending habits. Visa is neither the card issuer nor extends credit or set rates and fees for the consumers rather provides financial institutions with a branded product of Visa. This product can be used as credit, debit or pre-paid cards along with cash access programs. Basic Requirements for Credit Card Application Age: The minimum age is 21 or 18 with parent’s permission or a verifiable source of income. Social Security Number: A person applying for Credit Card needs to have social security number to check the creditworthiness. A person without a social security number is unlikely to get a credit card. Source of Income: Credit Card Application ask for monthly income to assign you limits. This helps in determining your ability to pay back.