Are you in need of quick cash?

Is your pay still a few days away but you have to pay your bills right now? Getting a traditional personal loan is out of the question – approval takes too long and there’s no guarantee you’ll get the loan.

For one thing, your credit score might not be ideal. Approximately 30% of people in the country suffer from mediocre credit and this can cripple your chances of a reliable financial solution.

This is where small personal loans come in.

Not sure how these loans work? Uncertain if you qualify or how to find the right small personal loan for your specific needs?

We’ve got you covered. Read on below to discover all you need to know about these loans and how they can help you:

What are Small Personal Loans?

Small personal loans are for short use. They won’t help you launch a business or make a major investment. The intention is to use these loans to pay emergency medical bills, late mortgage payments, utility bills, and due credit payments.

Don’t expect these loans to offer a large amount. You can expect most small loans to be between $300 and $3,000. The amount you qualify for depends on several factors, which we will discuss below.

It’s also important to note that these small loans have a quick turnaround. Unlike traditional loans, you must pay these loans within a few weeks. Some lenders require you to pay as early as your next payday, bridging the lines between payday loans and personal bank loans.

What are the Requirements?

Do you qualify for a small loan?

The requirements may change from lender to lender but there are common standards you should keep in mind. For one thing, you need to have a stable source of income.

This could be from a regular job or paychecks coming in from government support or from a spouse.

You should be of legal age and some lenders will require you to have a valid, active bank account. This ensures there is an account they can deposit the money to.

Your bank may also be accountable in case you’re not able to pay the loan back.

Valid identification is also a common requirement. This guarantees the lender you use your real name. Black hats use a different name and this makes it difficult for lenders if the applicant won’t pay back the loan.

Identification also proves your address as well as connection to your bank and income source. It also proves you are of legal age.

What About Credit Score?

Another requirement is a good credit score. If you don’t know how credit scores work or how your spending habit affects it, you should speak to a financial adviser. A simple budget discussion and credit explanation can help you build a better credit score.

An excellent credit score is above 650 to a perfect 850 and anything below 400 is horrible. You will need something along the middle to qualify for the smallest personal loan available. Your credit score will determine how much the lender is willing to give you.

What if you don’t have a good credit score or no score at all?

Not all lenders will give you a chance but there are a few who offer an alternative.

Instead of looking at your credit score, they’ll ask for a collateral. This could be your phone or the documents for your car. If you can’t pay your loan by the due date, they’ll take your item as payment.

Other lenders will give you a loan without asking for a collateral.

They are the ideal solution for someone in need of a quick loan and have the income to pay for it. You can learn more about this type of small loan, which requires no credit check, at Bonsai Finance.

Pros and Cons of a Small Personal Loan

Is a personal loan the right solution for you? Here’s a quick rundown of the benefits and disadvantages you need to consider before signing the dotted line.

Some of the pros include:

• Higher chance of getting a loan
• Quicker process
• Credit score may not be a factor
• Great for people with a new bank account
• Ideal solution for quick financial emergencies

As for the disadvantages, you should consider the following:

• High-interest fees
• High penalties
• Can’t loan a large amount
• A collateral may be a risk

If you look over the pros and cons, small personal loans appear as a great solution. You’re only at risk if you don’t commit to paying the loan off. If you take financial advice to heed and pay the loan on your next paycheck, you should be in the clear.

How to Get a Small Loan

Great, so a small loan is a viable solution in case you have a sudden emergency to pay off. Do you have to pay your Internet bill or a hospital bill a few days before your paycheck comes in? These are the ideal loans for you then.

But how do you apply for one?

Traditional loans take forever. You have to go to the bank, fall in line, and speak to a bank representative to apply for a loan. The process can take days or even weeks, even if the loan is only for a small amount.

Online small personal loans don’t take this long. You don’t even have to step out of your house.

Remember Bonsai Finance, the folks we mentioned above?

With a few clicks of a mouse, we can help you find the ideal lender for your specific needs. Bonsai Finance helps you find all of the lenders available online and you can reach out to them after filling up a simple form.

Get a Small Personal Loan Today!

What are you waiting for? If you have to pay something off quickly, apply for small personal loans now. These loans could help stabilize your finances until you’re back on your feet.

But financial advice doesn’t end here. We have a lot more to help you with.

If you feel like you’re in a financial rut or you simply don’t understand some of the more complex jargon in the industry, we’re here to clear the path. Feel free to contact us and we can get you started on a better financial future.

If you’ve settled on purchasing a used Nissan GTR, you’ve already made an excellent decision. Not only is this car a fantastic choice, but going with used over new is almost always the right move. Your next job is to find a Nissan dealership in your area and get yourself the best possible deal on your new car. We help you do that by providing essential car buying guidance in the sections below.

Assess Your Needs

One crucial piece of the puzzle is understanding your priorities. While you’ve already done most of that work in deciding to go with the Nissan GTR, there is one more matter to consider. It is how “used” you want that vehicle to be. On one end of the spectrum, you have cars that are under a year old and usually have less than 10,000 miles on them. These vehicles perform like they are brand new, but have a slightly higher price. On the other end, you have ones that are a few years old or more. The lifespan on them will be shorter, but you’ll pay much less up front. There is no correct choice here, just the right one for you and your situation.

Come Up With a Target Price

Once you know what condition you want your GTR to be in, you can come up with a target price. While this sum won’t be a precise limit on how much you’ll pay, it is useful to have a benchmark when heading into the car buying process. The most famous provider of these estimates is Kelly Blue Book, but there are a variety of options out there. Having a general idea of what you should pay will go a long way in getting a fair deal.

Pay Attention to Financing Terms

One of the crucial components of your deal is the financing terms. The reason is that small changes in percentages can add up to a substantial amount of money over the two or three years that you pay your car off. While one deal might look good on the basis of a lower monthly payment or less money upfront, you might end up with an inflated bill for a much more extended period than you’d like. One thing to note is that if you have the means to pay the full cost upfront, this is a point that you don’t have to worry about.

Explore Trade-In Options

Unless it is truly on its last legs, your old car likely has some value. What this means is that you might be able to get a discount on your GTR by trading in your current vehicle. If the dealership isn’t interested, you can also look into selling your old car to a different auto dealer.

Look For Incentives

Many sales associates have a full toolkit of sales and incentives that they only bring out when needed. The result for you, the buyer, is that you can utilize these discounts by pursuing them. The first way you can do so is through browsing the dealership website and seeing if it has a special offers page. Next, you can ask a salesperson for a discount at the dealership.

Take a Test Drive

Though the Nissan GTR is an exceptional vehicle, every one of them is different. You’ll definitely want to take one out for a test drive before deciding to purchase it.

Choose a Great Dealer

Lastly, choosing a great dealer is an integral piece of getting the deal you’re looking for. Doing so will decrease the need for intense negotiation and careful assessment of terms, as you’re dealing with an ethical business that has your best interest in mind.

Choosing a used Nissan GTR is an excellent decision, but the process is not over. Now, you must search for the right dealer to sell you one. We hope the tips on this list help you find a great deal. That way, you can enjoy your new car even more by knowing you received a fair offer.

If you’re looking for certified pre-owned vehicles for sale, you’re making a great choice. A certified pre-owned or “CPO” car is a vehicle that has been inspected, maintained, and serviced by the dealer, and meets the car manufacturer’s standards for quality and reliability.

In most cases, a CPO car will offer you better reliability than a used car, so they are very popular among used car buyers who want to protect their purchases.

However, there are quite a few misconceptions about certified pre-owned cars. Let’s take a look at a few of these myths now.

1. Getting A CPO Vehicle Is Just Like Getting An Extended Warranty

This is not true. You can get an extended warranty for just about any car from a third-party company, but CPO vehicles are different. Certified pre-owned cars are also sometimes called “factory-backed,” because their warranties are issued by the dealer, and are backed by the manufacturer.

You do not have to pay extra for any kind of warranty when you get a CPO car. The additional coverage comes with the vehicle without any kind of fees or extras, and there is typically are no deductibles or other extra costs for the repair of a covered CPO car.

2. Any Car Can Be Certified As A CPO Vehicle 

Again, this is not true. While dealers do have the authority to certify their vehicles on their own, they face serious sanctions and penalties from manufacturers and regulators if they abuse this privilege in any way.

To be certified as a CPO car, a vehicle must pass a very rigorous inspection process. Its overall condition, level of wear and tear, mechanical soundness, and other factors are taken into account, and repairs or maintenance may be conducted to bring it up to near-factory condition.

3. Buying A Used Car At A Dealership Is The Same As Getting A CPO Car

You may have noticed that not all vehicles at a car dealership are certified. These cars are simply sold as “used,” and if you buy one, you do not get the same protections and guarantees that you would if you purchased a CPO vehicle.

When you are sold a used car that is not certified pre-owned, and you don’t buy a warranty, you’re liable for all repairs. Period.

However, if you buy a CPO vehicle, the dealer is assuming liability for repairs based on the specifics of the CPO program, even if you do buy a warranty.

While there are often hundreds of used cars available at a dealer, there are usually only a handful of certified pre-owned vehicles for sale. So make sure that you choose a car that is certified, and not just “used.”

4. Certified Pre-Owned Vehicles Pass The Same Inspection – No Matter The Manufacturer 

This is also not true. Different automakers have different inspection processes for certifying CPO vehicles. They also may have different policies when it comes to coverage.

For example, a certified pre-owned vehicle for sale at a Ford dealership will usually have a different warranty than one sold at a Toyota dealership. It’s very important to take the time to read the guidelines and details about the certification process and to understand what is – and is not – covered by the CPO guarantee.

5. Certified Pre-Owned Cars Cost A Lot More

Here’s another common myth. Many people think that CPO vehicles cost a lot more because dealers essentially build the cost of a warranty into the purchase price. But this is not the case. On average, a CPO car usually only costs a few hundred dollars more than a used vehicle, and the difference is often even lower.

In general, a CPO car will cost a bit more than a used vehicle. But it will be guaranteed to be mechanically sound, and the dealer will assume liability for repairs, based on the CPO program details – so a CPO car is usually well-worth the investment.

Don’t Fall For These Certified Pre-Owned Myths!

A certified pre-owned car is a great investment. You get a vehicle that has been treated well and properly-maintained – but you avoid both the depreciation of buying a new car and the repair liability of a used vehicle.

So shop smart and find a certified pre-owned vehicle for sale near you. If you do, you’re sure to make a great investment in a reliable vehicle.

A broken furnace is always a significant inconvenience. Not only do you lose your heating capabilities, but you could also be in for a high repair cost. Luckily, you can protect yourself against both of these traps by understanding the elements of furnace repair costs and how you can avoid malfunctions altogether. We help you do so in the sections below.

Typical Cost Ranges

The vast majority of homeowners pay between $150 and $400 for furnace repair. In rare cases, that number extends from $50 to $1,000. Once you reach the upper end of that range, it is likely time to consider a new furnace over repairing your old one. This decision is best discussed with a professional.

Common Furnace Issues

Before talking about the elements of cost, let’s discuss the common issues that furnaces run into.

• Improper Maintenance – The primary tasks that you need to carry out are following proper usage guidelines, changing the filter, cleaning ducts, and checking for leaks. If you do not prioritize these responsibilities, you are putting your furnace at risk.
• Filter – The most important factor of the three we presented above is changing your filter. If you don’t, you’ll raise your electricity bill, make your furnace work harder for the same results, and make its lifespan than it should be.
• General Wear and Tear – No matter what, every piece of machinery is going to degrade over time. Your furnace is no different. Proper maintenance can help, but age will take its toll no matter what.
• Dysfunctional Thermostat – Your issue could be unrelated to your furnace. Instead, it might be your thermostat. Luckily, repairs for this element of your heating system should be much less expensive than the more complicated machinery.

The 3 Factors That Affect Cost

The following three factors are the primary drivers of cost for Winnipeg furnace repairs.

• Warranty – You might find that your system is still under warranty when you start to have issues. This realization is significant, as it can lower or eliminate your repair costs. The best way to find out is by talking to the manufacturer.
• Damage – The second essential piece of information is the extent of your damage. Minor issues will have a low price tag, while others will be so expensive that buying a new system is cheaper than repairs.
• Service Provider – Lastly, different service providers have different pricing structures. One way to get a great deal is getting quotes from multiple companies before choosing which to go with.

Maintenance Tips

The two most important maintenance tasks you can carry out are changing filters and cleaning ducts. For the former, your best bet is switching your filter every month during periods of high usage, and every other when your usage is low. For the latter, you should vacuum the vents that feed into your home at regular intervals. You can also hire a professional to carry out a deep clean of your entire duct system, which comes with a variety of benefits.

The Value the Right Service Provider

As we mentioned above, the company that you choose for your furnace maintenance will dictate how much you pay for the service. Another reason why they are important is that proper repairs lead to years without needing more work, while a shoddy job will quickly lead to another malfunction. Lastly, the best businesses will give you an accurate idea of whether or not you need a new system, rather than a repair. These two additional functions are further proof that choosing the right service provider is crucial.

You can take two things from this article. First, adhere to the maintenance tips on this list so that your furnace stays functional for as long as possible. Next, you can utilize your knowledge of repair costs to choose an excellent service provider and get a great deal. Combining those two actions will save you a significant amount of time, money, and frustration going forward.

Replacing your car with a new one or getting your first ride is an essential purchase, especially if your budget doesn’t leave you much wiggle room. In most cases, buyers have one strict requirement: getting a reasonable price without ending up with a car that’s below their needs and expectations. It can be quite tricky to find something that meets this criterion.

Canadian car dealers know how to exploit buyers’ desire of getting a good price on their ride and allure them with incredible deals. However, these offers often come with hidden costs. Buying from a private owner can be even more problematic as they tend to over-evaluate the car or hide costly faults or past accidents.

Here are some tips to follow when buying a car from Canadian dealerships.

Do thorough Research

Online research is the best way to begin your hunt for a good car that fits your budget. Check local dealerships to get familiar with their offers and decide what you want and what compromises you are willing to make. The more informed you are, the better you can combat aggressive sales tactics and negotiate a reasonable price.

When doing your research, make sure to compare offers from different shops and get an idea of the price range you will play with for the car you want.

Send an Email or Call the Dealers That Got Your Attention

Once you have a few dealerships on your shortlist, take your time to test the waters and start sending them emails. Or call them, if that makes you more comfortable. Ask about any current offers and promotions for the car model you are interested in, check if it will be available for sale at the date you need it and get as much general information from the dealer as you can.

You might come across some pleasant surprises or, on the contrary, notice red flags that you didn’t notice during your online research. Getting to know more than meets the eye about the dealership will also give you more power when it comes to negotiating a good price.

Buy from the Stock the Dealer Already Has

So far, we have assumed that you already know what car you want to buy. But if you are not sure yet what would suit you best, let us suggest a perfectly valid way of saving money on your new purchase: buying from the dealer’s stock. This option will give you an advantage and here’s why. The dealer most probably wants to get rid of the Winnipeg used cars taking up space in his car park, so he will be willing to negotiate the price down and make you a good offer.

Choose a Stripped Down Car That You Can Add to Later

If money weren’t a problem, of course, you would go for the fully-loaded model. But that’s not the point of this article, so here is a highly effective, no-risk method of saving money on your purchase: get the stripped model or something in between. As long as you can add the upgrades later, it’s worth it, and it will save you hundreds, even thousands of dollars.

Pay with Cash

When it comes to the payment method and financial plan the dealer offers, you need to keep your eyes open. The dealer may try to persuade you to accept a deal that’s not good for you on the long-term. Your best option is to pay with cash and avoid any loans. If you can only pay with credit, then choose the plan with the shortest payment term possible. Stay away from “cozy” programs that extend for years, but will keep adding huge interest rate to the initial plan.

Keep in mind that an informed customer is a strong customer. Be aware of how the car selling business works and make it work to your advantage. Good luck!

Looking for a used GTR for sale at a Richmond car dealership? If so, you’ve probably explored quite a few GTRs, and you’re almost ready to make your purchase.But, despite how inexpensive a used Nissan GTR is, it may not always be the right choice, compared to a new model. In this article, we’re going to take a look at a few of the pros and cons of buying a used Nissan GTR in Richmond. Let’s get into it!

The Pros Of Buying A Used Nissan GTR In Richmond

The market for used GTRs is hot, for a good reason. Nissan makes fairly reliable cars, and the GTR offers great performance at a reasonable price.

• Absurd price-to-performance ratio– Most used GTRs are around the $60-$70K range. This is around the price of fully loaded pickup truck or luxury SUV – despite the fact that the GTR tops out at 205 mph, and does 0-60 in less than 2.9 seconds.Put simply, if you want a supercar, there is no better horsepower-per-dollar value than a used GTR. The GTR is affordable, yet has some of the best performance, handling, and acceleration – exceeding even some Lamborghinis and Ferraris.

• Avoid depreciation– As soon as you drive a brand-new $100,000 GTR off of the lot, it loses a huge percentage of its value. By purchasing a GTR that’s even just 1 or 2 years old, you can avoid this depreciation hit, and get a much better value.

• Mechanical inspection and Carfax can tell you a lot about the condition of the car – This is especially true of cars that still are backed by the manufacturer warranty for the powertrain. If you find a car with low mileage, a clean Carfax report, and that passes a mechanical inspection, you can know you’re making a reasonably good investment. 

The Cons Of Buying A Used Nissan GTR In Richmond

So, what should make you think twice about getting a used Nissan GTR from a dealership in Richmond? Here are a few factors to consider. 

• Not available CPO (Certified Pre-Owned)– The Nissan GTR can’t be purchased as a CPO vehicle. That means you’ll be responsible for any repairs that are out-of-warranty, as soon as you sign the paperwork at the dealership.

• You don’t know how it’s been driven– Owners of GTRs aren’t known to only take it only to the grocery store – and church on Sundays. A used GTR has likely been through quite a few races and track days – so even if it doesn’t have high mileage, it may still need some major repairs or servicing.

• You may only have a few years of powertrain warranty remaining – Repairing the Nissan GTR is expensive. A transmission can cost more than $12,000 – and that’s without delivery or installation.The Nissan GTR comes with a 5-year, 60,000 mile warranty. Think twice about getting a GTR that’s running out of warranty time – or that’s beyond the warranty entirely.

• More difficult to find financing for your purchase – If you’re purchasing a GTR from a private seller, it will be pretty much impossible to finance it.And, even if you’re looking at a used GTR for sale at a Richmond dealership, it may be hard to get a loan from your bank, particularly if the vehicle is more than a few years old, and out of warranty.Even if you do get financing, you may have to pay quite a bit of interest, due to how much more risky it is for banks to finance used supercars.

Know The Pros – And Cons – Of Used GTRs For Sale At Richmond Dealerships!

If you’re mechanically savvy and have the extra cash for repairs and insurance, buying a used GTR in Richmond is a fantastic way to get mind-melting performance at a bargain rate.

But if you’re already stretching your budget, a used GTR may not be the right choice for you. If you consider the pros and cons of this article, you’re sure to make a more informed decision.

Credit cards have a way of making people feel like they’re getting something for nothing. But this isn’t the case, is it? However, if you work them right, you can get something for nothing extra (interest).

One of the most important things you need to know is paying a credit card balance off before it’s due will get you free use of another people’s money. Then again, if you don’t do so, you’ll be granting others free use of your money.

That’s just one of the common credit card mistakes people make.

Others include:

Buying Things You Don’t Need

Slipping your plastic into a slot and getting what you want right away can be an intoxicating experience. It’s so easy; people do it for wants rather than needs. Ideally, credit cards should only be used to resolve temporary issues. And, even then, you should only charge what you will be capable of paying back before interest charges are applied. If you start using credit for wants instead of needs, your balance can get out of hand very quickly.

Not Understanding the Terms of the Agreement

When you have a full appreciation of how paying late can be harmful, you’ll be a lot more likely to pay early. This is the biggest factor in keeping credit card costs at bay. If you pay late, you’ll pay more interest charges and you could see fees lumped in with an interest rate increase. What’s more, the terms are subject to change. Even if you read them thoroughly when you applied, a year later they might be completely different. Make it a point to keep up with those agreements. When you’re notified of a change, scrutinize it carefully.

Making Minimum Payments

In most cases, the minimum payment on a credit card is calculated as a certain percentage of your total balance. This is typically the total amount of the interest you owe, plus one percent of the outstanding principal amount. When you make the minimum payment, you’re only reducing the principal by one percent. Meanwhile, the company gets its full interest payment while stringing you along to pay it over a longer period.

Failing to Recognize the Power of Compounded Interest

Credit card interest charges get added to the balance owed each month. The following month, new interest charges are imposed upon the outstanding balance. This means you’ll pay interest on those outstanding interest charges, along with your principal balance. When interest compounds this way, it’s very easy for a credit card account to hit its limit. When that happens, you’ll accrue fees too. In other words, once you get behind, the hits just keep on coming.

Falling for Introductory Rates

Yes that zero percent balance transfer fee looks great at first glance. So does that six percent interest rate on purchases for an entire year. However, at the end of that introductory period rates can skyrocket to 20 percent. And, since interest has accrued from the time of the purchase, the true rate can be applied retroactively (yes, this IS legal) and you’re suddenly on the hook for a huge balance, seemingly out of the blue. If you take one of these deals, make sure you can pay the balance in full before the rate period ends.

If You’re Already in Trouble

The good news is there are things you can do to get the card back under control. Consulting a firm like Freedom Debt Relief to negotiate on your behalf can get a portion of the principal amount you owe forgiven. This can make satisfying the debt a whole lot easier. Before you agree to work with anyone though, look for information from these Freedom Debt Relief reviews and others to make sure you choose a strong partner.

What’s more, now that you’re aware of the most common credit card mistakes, you’ll be in a better position to keep your finances on track one you get the situation resolved.

Your business thrived because of your aspirations, focus on consumer needs, competitiveness and marketing niche. But will your business survive if large-scale factors begin to pose severe risks for your company? Is your business resilient enough to withstand harsh economic conditions, a financial crisis, environmental disaster, and even other heart pounding scenarios?

Business’ resiliency can be defined as its ability to withstand epic scenarios factored out by consumer perception, significant interest rates, inflation, labor, natural calamity, and political issues. If let’s say, a big tariff change is about to be implemented, will your business be ready for its repercussions? If a tidal wave hits the city where your business is centered, will you be able to start production and operations back up promptly? A resilient business is capable of bouncing back from any adversity. To help you weather any proverbial storm, here are some ways to make your business resilient.

Make A Business Continuity Program

Create a plan that is focused on the processing and steps of your very own business continuity program. Unlike risk management, that is used as a first aid to any situation, or an immediate control or response to any condition, a business continuity program is about being able to minimize production impact, and prevent extensive loss.

For example: a hurricane or typhoon is about to hit your city and you can’t afford to stop your business because the service you offered is on a 24/7 demand configuration. Rather than announcing that there will be no work for your employees, you ask them to stay in a nearby hotel, or similar accommodations, to ensure that they can immediately go back to work the moment the weather has passed.

Create an Inspiring Business Mission

A mission statement is a short description of your business goals and focus. It is composed and directed at the main demographic who will see it done – the employees and individuals who make up the business. Its main purpose is to have an inclusive and collective understanding about the company’s direction and goals.

An inspiring business mission can help your business be resilient by attracting the right talent, and enhancing focus when challenges arises. People, subtly, can be persuaded by your business’ mission statement. It makes them rally for something when they do personally believe in it. An inspirational mission statement can help build the right mindset, attention, and focus, when corporate challenges like economic downfall, market competition, or production failure. It can help them be motivated, and get the sense of feeling that they belong to a group of dedicated people.

Flexible Supply Chain

As a business owner, you must know that being reliable to one, or several, vendors, suppliers or customers is a downfall in the long run. Not only does it keep you limited and restricted from achieving business growth, but it also puts you at risk for problems associated with limited reach.

For example: if you heavily rely on a vendor or supplier based, in a region hit by economic turmoil, a natural disaster, or grief-stricken by a worker’s strike, then you are bound to have disrupted production. It is important to learn how to properly distribute your needs, and ensure that you have a protected supply for the production of your products.

It also pays to keep your supply chain system in check. Be open to other strategies like having like back up transportation, rather than pleading for the pity of logistics companies, or keeping an open mind and network of other courier services or delivery platforms.

Have Cyber or Online Presence and Security

Businesses having some form of online presence is nothing new today. In fact, it has become a necessity for a business to have a cyber presence, in order to stay afloat in the competitive market. Not only are you able to attend to your client and customers’ need 24/7, but also get the chance to reach out to markets that are widely dispersed geographically.

In addition to having an online presence, it is also important to always have an up-to-date cyber security protocols and standards. A digitalized company has a lot of critical information available in the cloud, making them vulnerable to cyber-attacks from hackers. To prevent loss from hackers, it is important to practice strong cyber protection and practice.

If you ever wanted to earn more money, now is the best chance to do that. We live in a world full of possibilities, where it’s gotten a lot easier to start a business or acquire a secondary stream of income. Likewise, there are also many possibilities to make sure you’ll have more money by spending money wisely. Now because of the internet and globalization, we can easily make physical business by learning success from the best online. Moreover, we can even crowdfund our idea, to start without it without a massive need for money.

Physical businesses, unfortunately, still needs quite a lot of money and a good team, that’s why many young entrepreneurs are making a living from online business. There are many online businesses that you can start with almost no money. Most of the people start just by making an extra income, but in time if those side hustles and jobs turn into a full-time job. Since there are many options to choose from, here’s a list of 6 side business ideas and keep in mind the fact, that while it doesn’t require money and is easy to start, it still demands a lot of hard work.

1. Uber/Taxify

Image credit:  Dan Gold

Ever wanted to make money while meeting new people? Well if you own a car and know your city streets well, you can become an Uber or Taxify driver. The most amazing thing is that most active times to work per week are Friday and Saturday nights when people are going from bars, clubs, and events. That’s why you won’t need to spend a lot of your time working this side business. Usually, there’s such a high volume of customers, that you could easily make a few hundred bucks per week.

2. Blogging

If you think you have something interesting to tell the world – start a blog. There are many ways to get money from blogs. You can earn it from sponsorships, affiliates, Google AdSense and SEO links. The hard part of doing this business, that it really takes quite a lot of time to build a profitable blog, since the market for blogs is a bit crowded. Despite that, all that you would need is some creativity, to write about something that no one else does. Maybe you’ll be writing stories about your dreams? Maybe you’ll be talking about anime? Or maybe you’ll be writing about your research about thermonuclear fusion reactor and how it will change the world? Additionally, if you’re out of ideas, install a plugin to your blog like wordpress form builder plugin and ask your readers what they want to see!

3. Concierge Service

People these days are always in a hurry because they all need to do so many things but have so little time. It could be seen the most in big and affluent areas. Sometimes, you would be surprised what some people are willing to pay so that they wouldn’t need to do their boring chores themselves. This can be anything from grocery shopping to booking a doctor’s appointments. Again, this is not something everyone could do, but to keep you motivated, people who started online grocery stores with the home delivery, had to start from somewhere to see that there was a demand for their service.

4. E-Commerce Business

Image credit: rawpixel

E-commerce business is really popular these days because it’s just so easy to start your online store. On the other hand, since it’s popular, it also means that the market is rather competitive. That’s why only two types of people succeed: who work really hard or who are very creative with their products and marketing. Despite that, if you have an idea of a slogan, pun, saying or some sort of design you like, you can start making your online unique t-shirt business. All you need is a free website like on WordPress, have a nice-looking theme, have a few plugins and a marketing plan. Moreover, you can even use a tool like a mockup creator to create beautiful t-shirt visuals for your ads or in-store product images that could help you convert better.

5. Pet Sitting

Image credit: Avi Richards

Remember when we said that people are busy? Sometimes, they can even be busy to take a good care of their pets from time to time. If you love pets, you can start selling your pet sitting service to the people who need it. Moreover, there are even platforms and mobile applications, which can help you get started. You can also think about this side job as a time to play with cute puppies and kitties, have a good time and get paid for doing that.

6. Selling Your Crafts

If you are talented in some crafts, try selling them to people online. You would be surprised to see how much potential has hand-made crafts. Especially if the crafts are eco-friendly and are in high quality. Moreover, there are many ways and channels to sell your crafts. One of the examples would be using Facebook groups. Furthermore, if you’re lucky someone might find you and offer you to make a custom deal.

Having bad credit is frustrating. Not only are you at a lower risk of being approved for a new loan or credit card, you’re also less likely to be approved for reasonable terms. No one wants to pay a double-digit interest rate, and deposits for a secured credit card can be impossible to pay.

While thousands of people face the hassle of having bad credit, the good news is that there are many different methods you can use to repair your credit health. A bad credit score isn’t a life sentence! While the fix won’t happen overnight, consistent good credit habits do make a difference.

Keep reading to learn 5 ways you can repair bad credit and improve your overall credit standing.

1. Look at Your Credit Report

Before you can start repairing your credit, you have to first know what’s causing your score to be so low in the first place. While you may know your credit is damaged, understanding the how is important.

The first step to take in repairing your credit is to carefully review your credit report. Check for any errors which can cause credit score damage. You’ll also want to look for any signs of fraud, such as a loan or credit card you never opened.

Once you’ve disputed any errors and determined that your credit report is accurate, you can start the process of repairing your credit score.

2. Catch Up on Late Bills

One of the most common factors that can cause your credit score to slip is late bills. If you don’t pay a bill within 60 days of the due date, the creditor can report the late payment to each of the credit bureaus. If you’re still within the 60 day period, now is the time to catch up on payments. Making at least the minimum payment will prevent your accounts from falling into the delinquent status.

For bills that are more than 60 days overdue, the lender has likely already reported to the credit bureau. Your best option is to make a payment so that the status of the report shows that you no longer owe money. This is important because some of the new credit score providers, like VantageScore 3.0 and 4.0 along with FICO Score 9 don’t consider collection accounts if they’ve been paid.

3. Pay Down High Balances

Credit utilization makes up 30% of your credit score. If you have high balances on a credit card, and want to improve your credit score, it’s important to pay down high balances. The higher of a balance you carry on a card, the more it negatively impacts your score.

When paying down credit card balances:

• Pay off any credit cards that are over their limit first
• Focus on the highest interest rate credit card next
• Aim to only use 30% of your credit limit

By paying down high balances on credit cards, not only can you improve your credit score, but you’re also able to save money in terms of interest and other fees.

4. Get New Credit

Credit mistakes in the past may make you wary of opening new credit accounts. But, getting new credit is a vital step in repairing your credit health. While you’re unlikely to get approved for many major credit cards, there are many credit cards available for those with bad credit. One of the best places to look to learn about these credit cards is Get Out of Debt.

With bad credit, be prepared to only be approved for a small credit limit. You may also face higher annual fees and interest rates along with a deposit, especially for secured credit cards. Though not ideal, having a decent credit card is better than having no credit at all.

5. Practice Good Credit Habits

Financial emergencies happen, but many people end up in a lot of debt because of their own spending and credit habits. If you want to make lasting changes to your credit health, you’ll need to avoid the bad financial decisions of the past.

To start, always make payments on time. In fact, pay before the due date so that you pay less towards interest. Next, pay your balance off in full each month. If you’re unable to pay the entire balance, be sure to pay more than the minimum.

As a rule of thumb, try to stay below the 30% threshold of your credit limit. If possible, stay below 10% so that you keep your credit utilization low.

By implementing good credit habits, you can repair your credit and prevent credit issues in the future.

Conclusion

Being plagued with bad credit can seem like a never ending financial nightmare. But, by using these five tips, you can improve your credit score and know exactly how to prevent ruining your credit again in the future.

If you have any experience rebuilding your own credit after having a low credit score, leave a comment with your experience, and share your best credit repair tips in the section below.