Debt Recovery in a Tough Economic Climate

At Canadian Corporate Legal Services we take a kinder gentler approach to negotiating for debt recovery. Our method is to avoid alienation when working with people and companies who owe our clients money and try not to alienate them. Due to the current economical crisis people who owe money are generally nervous about unfair debt collection. Hostile phone call and letters is not an affective method and can be emotionally draining for both parties. Our approach is to appeal to their morals and good nature while of course pointing out the additional cost and consequences of not clearing the outstanding balance. Our negotiations for debt recovery are often effective but if not we have the option of court to find the best way to proceed.

Many of our long-term clients come from companies that we have previously negotiated with successfully for debt collections. A proof that our kinder gentler to negotiating for debt recovery approach can work for your company as well. We like to work with our clients internationally to help them manage their account receivables and bad debt load. Here are some things to consider. Consider your CREDIT:

C ash Flow

Do you have the necessary cash flow?

R eceivables

Do you have a system?

E valuation

How do you assess your customers ability to pay?

D ebt

How do you collect overdue accounts?

I ncome

Does your price reflect the price of granting credit?

T erms

What terms are normal for your industry?

If you have a question about an outstanding debt or your accounts receivable issues please call at: 416.784.3770 or email us at .

Weekend Payday Loans Fast Get Money Swiftly In Troubles

Believing on relatives and friends for funding is sometimes broken your confidence when it is urgent to take funds for ending up financial hassles at the weekend. Looking for exterior financial funding is really a tough task since you need a big amount of times to spend that is not with you. As the name suggests, weekend payday loans fast are great economic financial friend in financial troubles.

You can take help of these loans at any point of time whether your cash need arises at the weekend or at other special day. Weekend payday loans fast take responsible to offer you financial support as per your need conveniently. Money that you access through these loans will help you handle almost all short term purposes whether these include medical bills, light bills, bank overdrafts, room rents, credit card payments, due loan installments, extra shopping, traveling expenses and many more.

There are two prime mediums through which you can apply for the loan. You can apply either offline or online according to your choice. However, you are advised to get funds instantly. Online is an excellent and amazing way to get weekend payday loans fast without faxing documents and prolonged paperwork. You are required to complete a simple online application form with the required details related to your name, address, gender, account number, phone number, email id et cetera and you have to submit it. After awhile the money is sanctioned directly into your active bank account.

For getting approved for fast money, you should be UK resident and at least 18 years old of age. In addition, you must have a fulltime job herewith stable monthly earning and you have a valid running bank account. Even though you follow these preconditions then you are able to enjoy weekend payday loans fast without any trouble. Youre also not deprived from taking advantages of these loans because of your poor credit performances. These loans are also offered to people tagged with bad credit factors such as late payments, CCJs, IVAs, loan defaults, foreclosure, bankruptcy and all that.

Weekend payday loans fast are short term financial succor offered to all people for rooting out all financial troubles right on time. With these loans you can get the amount in ranging from 100 to 1,000 with the repayment time range of 14 – 31 days. You are not required to place any sort of collateral and so the rate of interest charged is a bit high.

What Is An Adjustable Rate Mortgage Or Arm

Copyright 2006 Jason P Bertrand

An adjustable rate mortgage is a mortgage loan that is fixed for a set period of time and then adjusts based on the rates during the adjustment period. Some common adjustable rate mortgage loans terms are 1/1, 3/1, 5/1, 7/1, and 10/1. The first number in what appears to be a fraction is the amount of time the rate stays fixed. The second number is the amount of time between adjustments. For example a 5/1 Adjustable rate mortgage would stay fixed for 5 years and then adjust annually.

An adjustable rate mortgage generally offers a lower rate than a fixed rate loan initially; however, it could adjust to a higher rate than the initial fixed rate mortgage would have been. An Adjustable rate mortgage, also called an ARM, is very good for a person that knows specifically how long they will be living at a specific residence. In other words, a person who knows for a fact that they will be moving in four years would benefit from a 5/1 ARM because they would be moving out of that home and mortgage prior to the first adjustment period.

Adjustable rate mortgage loans also have an adjustment cap and a lifetime cap. For example a 5/1 arm could have an adjustment cap of 2% and a lifetime cap of 6%. So in a worst case scenario, a 5/1 Arm with a 2/9 cap and an initial rate of 5% would stay fixed at 5% for five years. At the five year mark the rate could adjust a maximum of 2% to 7%, after another year it could adjust 2% to 9% and after the next year could adjust to 11%. 11% would be the lifetime cap and therefore the adjustable rate mortgage could not increase any more. If the rates go down however, the rate could adjust lower after any given year.

There is however a floor rate which is the minimum rate the loan could ever achieve. In other words if the loan started at 5% and the floor rate was 4% the interest rate would never drop below 4%.

The difference between a fixed rate and adjustable rate mortgage is the fact that a fixed rate loan may start at 6.5% instead of 5% so for the first 5 years one would be receiving an interest rate 1.5% below that of a fixed.

Your Mortgage Tagline…is It Workin For Ya Or Agin Ya

The most successful companies in the world choose words carefully when they create their advertising taglines. You can learn from their advertising strategy and experience. Treat your mortgage tagline as a critical part of your marketing campaign and choose your words very carefully.

In case you don’t know what a tagline is…it’s a short (usually one line) advertising blurb that aids in establishing credibility for you. Your mortgage tagline helps customers and prospects to feel that calling you and working with you is a “safe” choice. Your tagline can help drive business for you.

The really nice thing about taglines other than they work, is…they’re absolutely free! Once developed, they sort of tag-a-long and enhance all of your mortgage marketing material and summarize your advertising message in one short sentence.

How much more effective could your advertising be if you treated your tagline as a sales opportunity? With just a few additions and small adjustments, you could significantly improve the power of the tagline in your ads, and improve your return on your advertising investment.

Here are a few examples of some highly profitable taglines: Coke – “The Real Thing”, Pepsi – “The Choice of a New Generation,” Maxwell House Coffee – “Good to The Last Drop,” Budweiser – “The King of Beers,” All of these companies know that their tagline is a sales opportunity, and they use every word carefully to take full advantage of that opportunity.

One thing to keep in mind is that the key to creating your very own “mortgage brand” or “mortgage tagline” begins with creativity. You want people to think of you when they think of mortgages. Make sure your brand has an emotional ring to it. The right choice makes people want to do business with you and actually creates customer loyalty. The right brand tugs at their heart strings and says “buy me.”

If your business card says “Vice President” that’s great…except it really doesn’t describe exactly what you do, does it? Instead let’s use the title “Home Loan Consultant” or “Investment Specialist” instead.

Now, not only do you have a great title, but the title describes to folks exactly what you do and what you’ll be talking to them about. There’s no mistake here…you don’t work for an Automobile Dealership, or a Dry Cleaner, or whatever. You are involved in loans and mortgages.

If you’re having a problem getting started, just Google your competition and the consumer goods industry, then convert their marketing campaign and sales message into your very own mortgage business strategy. Work your chosen tagline into every single facet of your business plan and marketing program.

By simply improving the power of your tagline, you can improve the response to your marketing material, improve the return on your advertising investment, and improve your mortgage business. Go for it!