Paypal Scam ?

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paypal scam

Paypal Scam

I received this email yesterday regarding “Paypal Policy ” which I need to update in my account. I was told to log-in at paypal site but I wondered why the URL is https://www.paypal.com.sg . My account does not have and SG , it was not opened at Singapore so I  doubted right away. When I went to our facebook bloggers’ group, then I saw lots of comment regarding this scam. Thank God I am not used to opening any given link from my email ad. I am not interested to open any , even if a legitimate email from paypal itself. All I am concern with paypal are the money that I am receiving! LOL!


Three Way to Access Emergency Cash

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Image by Images_of_Money via Flickr

If you run into a situation where you need money immediately, you may have to find ways to gain access to emergency cash. There are many sources where you can find money for emergencies. If you have found yourself in a difficult situation where you need cash now, consider the three following ways of accessing emergency cash.

Credit Cards

Credit cards are a great option when you need cash immediately. You can use credit cards almost anywhere to make payments and purchases. If you can’t wait until payday to pay for emergency expenses, you can make purchases with your credit card, and then use your upcoming paycheck to pay off the bill. Plus, if you pay it off on time, there will be no interest charges.

Credit cards, however, also have a downside. For one, many people either don’t have a credit card or don’t qualify because of their credit score. Plus, some credit cards can have a low limit, so you may not be able to access as much cash as you need. They can also have high interest rates, so this is not an ideal choice if you don’t have the means to pay your bill on time.

Savings Accounts

The great thing about savings accounts is that you are accessing your own money. Because of this, you don’t have to worry about paying bills or high interest rates. If you have your own savings account, you have easy access to cash, and the only limit is the amount of money you have saved up.

The problem with savings accounts is that you have to work for them. If you run into a crisis and don’t have enough money saved up, then you have to turn to a different method of acquiring emergency cash. However, you should take this into consideration and try to save up some extra money in case other emergencies arise in the future.

Loans

Applying for a loan is a good option for those people who aren’t eligible for credit cards and don’t have much money in their savings account. These loans, such as Great Plains Lending’s online personal loans, are an excellent choice for accessing emergency cash. You can usually get enough money to help in an emergency, and there are many benefits to loans like this.

Personal loans such as this allow you to borrow up to $1,000 or more, and the company will usually transfer the money into your bank account as soon as the next business day. Also, many personal or payday loan companies don’t require a credit check. So if you are having trouble getting approved for a credit card, you may be able to get a loan.

Be wary when you borrow money through loans though. Since they are being given in such small amounts, you cannot consider this as the first choice when it comes to financial advancements. They are merely for emergency purposes only and nothing more.


4 questions to ask when applying for a loan

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We all need and use money every day. But it turns out all money isn’t the same; aside from the denomination, it also comes in different forms, shapes, and sizes. Have you ever found yourself trying to park on a city street? All you need is a simple nickel, dime or quarter for the parking meter but you just don’t have one on you. You may have hundreds of dollars in your wallet and credit cards that would allow you to purchase thousands of dollars’ worth of merchandise. But with this parking meter, it doesn’t mean a thing.

Image by epSos.de via Flickr

Then there are the other instances when your money isn’t enough. We have a pocket full of change and that’s about it. Even if you make a nice salary, it can seem like only a few coins in your pocket when it comes to big purchases. When you want, or need, to buy a car or house, the chances of paying for them with cash from your account is slim to none. This is when it’s time to look for a loan.

Depending on your circumstances or the financial emergency you’re in, you could visit one of the cash advance lenders who have locations around town. This is perfect if you need some quick cash but plan to replay it just as quickly on your next payday.

Before you do any transaction, you must look at your financial affairs and be prepared to provide that information to the lender. When you are ready, here are four questions you should ask when applying for a loan.

1) How long will it take to process and approve the loan?

Simply put, when will you have the money in hand or in your account? If you are looking to buy a house, a mortgage loan usually takes 30 days minimum to complete. So don’t start packing your belonging just yet. If you are trying to borrow a smaller amount it can still take up to two weeks to finalize everything. You can window shop for cars but don’t start negotiating until you are have the money ready to go.

2) What documentation to do I need to furnish for the loan?

As nice a person as you are the bank still wants a paper trail. Expect to provide recent paycheck stubs, savings and checking statements, and 401K statements. If you have another loan you are currently repaying, you may be asked to provide details of that transaction as well.

3) What are my monthly payments?

To prepare for your budget, you need to know the exact amount you will need to pay every month and if that number will ever change up or down for the duration of the loan.

4) Is there a prepayment penalty?

Hopefully you can add a few dollars a month extra to your payment and cut down the repayment time by a few months. Find out before you do that if there is a surprise fee coming your way.

These questions will get you started on your way to get your new loan.