Month: June 2017

Money is an ordinary but very remarkable thing, coin-shaped money, plain slabs, or paper. But in money contained value and meaning that is very extraordinary. What do we bring when we go to stalls, to markets, and other shopping centers to buy things? Of course is money. Not only that, to go to school, to go on an excursion and to play. We need money. In addition to having many benefits, money also has a negative side, everyone is competing to find and collect as much money, without them realizing the way they do it kosher or not.

Money is also able to separate the ropes of brotherhood, because money can blind one’s conscience. Time to money a lot of progress, including the stage before barter, barter stage, stage money goods, stage coins, and the stage of paper money. All stages are influential in its times. In today’s money we often encounter the coins and paper money. With the sheets, we can buy the necessities we want and need, such as vegetables, food, drinks, clothes etc. Money sheets can also be used to pay for services that is, hire employees, paying maid etc.

Another role of money is to store value, we can save money by saving money, and we can use it when we need it and for our future needs. Money is a storage place that is very Practical because whenever we need we can take. The role of money in the economy can be in the blood that flows in the human body. If the lack of blood, humans as if to die.

Similarly, when we are short of money, like a lack of blood, will result in decreased human passion and weakened. For that people competing to earn money from morning to morning, they can meet the needs of his life. However, not a few people who justify any means for the accumulation of coffers of dollars, a person is able to do anything for example stealing, the assassin, etc. who are forbidden by religion.

Nowadays money has dominated everything, with the necessities of life and the price of the more expensive, making everyone think hard to earn money, the more money they have, the more they will be fulfilled. This is caused by the physical needs of other human beings is in the form of goods and services. To meet the need for such goods and services, the easiest way is to have something that is called money. Thus we can understand that money has three major roles in supporting the economy of society, namely as a medium of exchange, as a unit of calculation, and as a money store.

Money as a means of exchange is that with the money of a person can exchange with whatever they want, that is with the development of the present, the needs of life more and more, and with human nature that never felt enough and satisfied feel, with the money can afford and Satisfy whatever they want. Money as a unit of calculation is the money one can calculate the usefulness, quality and benefits of a good and service, because the more expensive goods and services the quality and quality of goods and services that the better.

Money as a storage tool that is with the money we can save, and with money also we can buy gold, silver etc that we can save for us to use in the future and when we need. Therefore, the influence of money on the economy is very influential, whether or not a person’s economy is determined by how much money they have. The more money they have then their economy will be sufficient. But not with those who do not have a lot of money, their lives will not be guaranteed, health, food, the board will be in trouble.…

What is a Line of Credit?

A line of credit is a form of revolving credit that is given to you by a financial institution. You are given a limit. You can borrow against the line of credit. For example, the credit limit is $9,000, and the balance is $2,000. Your available credit is $7,000. Once you pay off the $2,000 balance, you will once again have a $9,000 limit.

How Does a Line of Credit Differ From an Installment Loan?

A line of credit is a lot like a credit card. You are given a maximum that you can use. You only make payments on the amount that you borrow. An installment loan is money that is given to you in a lump sum. It can have a variable or fixed interest rate. A personal loan also has a fixed payment plan.

What can a Line of Credit be Used For?

A line of credit can be used for just about anything. Some people use it for emergencies. Other people use it to go on vacation or make repairs. Lenders typically do not put restrictions on what a line of credit can be used for.

Requirements for Getting a Line of Credit

You will need to have good credit in order to get a line of credit. You can get a line of credit even if you have bad credit, but you will likely have to pay higher interest rates. You will also need to have a stable source of income. You can visit Laddercredit.com if you are interested in applying for a line of credit.

The entire application can be completed online or over the phone. You have to be at least 18-years-old in order to apply. There is also a minimum income requirement that has to be met. Additionally, you must have a checking account in order to apply.

Benefits of Getting a Line of Credit

Flexibility is one of the many benefits of getting a line of credit. You can use it for whatever you need. Even though your credit score is one of the things that determines your credit limit, you will likely be able to get a higher credit limit than you would if you were to get a credit card. You have access to the credit limit as long as you make payments on time. Furthermore, you will be able to improve your credit score.…