Does Independent Financial Advice Find The Best Deal For You!
by Ron Sombilon Gallery
After what feels like an eternity in recession, lenders are still not keen to lend and until the UK general election is over, it doesn’t feel like very much is going to change.
Pre credit crunch times had a mortgage market providing in excess of 25,000 different mortgage deals and loans galore, but today the uk markets have less than 5000 mortgage products on offer to the consumer.
So where did the credit crunch come from and could it happen again?
The US finance markets imploded in the 4th quarter of 2007 due to bad credit on the balance sheets of large financial institutions, which ultimately caused what is known as a credit crunch.
In a credit crunch, lenders stop lending and start hoarding cash because they are afraid of rising bad debts, leading to bankruptcies and loan or mortgage defaults. They charge higher interest rates in a bid to stem the flow of business or reject all but the safest loans.
The UK economy had been flooded with easy to access borrowed money since the mid 90′s, but the credit crunch meant that tightened credit would spell trouble for companies who needing funding in the form of loans to pursue their business plans and the consumer, who had become used to freely spending money they didn’t have, but could easily access on credit cards for expensive purchases such as luxurious holidays and smart cars.
The answer to could it happen again is a simple one, YES!
If an appetite for investment in more risky markets returns, which you have to say it will, then pushing the limits commercially to gain extra percentage market share and profit, could lead to the whole thing happening all over again. Having said that, it will take sometime to get there, as returning confidence to dabble by investors will be slow to return, but good times will return and the painful effects will soon be forgotten.
So, how is the man on the street directly affected?
UK mortgage and loan lenders are releasing more new products on a daily basis and the best mortgage deals of today are soon replaced tomorrow, but the good news is that the deals are getting better and better. The percentage levels that lenders will loan to is increasing and a 90% mortgage, with a competitive interest rate is out there to be found, if you know where to look.
So how do Independent Financial Advisers add value?
Independent Financial Advisers (IFA’s) are well placed to search the market, compare mortgage rates on their client’s behalf and secure a great mortgage rate to suit the borrower’s exact needs. In addition to finance, IFA’s can provide a good value for money service if you are looking to source good quality, value for money, but cheap life insurance cover and pension plans, with advice that is specifically tailored to the individual or families needs.
Financial advice is available in many guises, the internet has led to a plethora of channels being available for the consumer to utilise when seeking help and advice. Finance related price comparison websites have the added advantage of being a one stop shop for all mortgage, loan and insurance needs. By completing your details once, you have the advantage of using their services to trawl the market and find you the best deals available, but there is still an argument for using the services of a local to you, independent financial adviser. The IFA can take the time to understand any unusual circumstances that you may have and tailor their financial advice accordingly and some finance price comparison websites are now offering both options under one roof to facilitate the needs of a far wider consumer group.
Seriously, this video could make you a BILLIONAIRE… …IF the world IS only 6000 years old. Boy would you get the last laugh! Go ahead, suggest it to the oil men who praise Jesus, or your representative in Washington. If they laugh tell them they don’t really believe the Bible and you ain’t voting for ‘em no more!
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My best friends are God fearing oil-men.
DerTromm1er, from Texas, here. I recently proposed your idea to Big Rich Oil Greedy Bastard (we’re neighbors – in Texas, that means “within a few hundred miles of each other”). He said they’d already considered that (lunar oil drilling), but it was deemed legally unfeasible due to the fact that the moon is the only known natural habitat of the extremely endangered Invisible Pink Unicorn.
But your other ideas? Golden!
I didn’t forget. I just didn’t want it on my conscience if they followed my “advice”.
Dude, how could you forget to tell them not to spend money on vaccinations, when new dangerous viruses cannot evolve?
Hold on,just have to become a Christian before making that call. Right,lets see. .read the Bible & believe it,ignore my rational & logical thinking. .
(cries) it must be satan within me,i’ve failed
Shit that was funny. And so so true.
Hey Fordi.
Ya, TCP as you described could really revolutionize energy access & distribution problems (costs).
I’m focussed on solar/hydrogen/electric energy myself, but I could easily incorporate TCP.
That was fucked up! Not all greedy-Texas-oil-bastards are creationists. Take me for instance.
A4A’s tech in question is just a filter; a diesel engine can run off of filtered waste veggy oil. If it’s a larger device, it’s likely a scaled down trans-ester plant (how bio-diesel is made), but I would wonder how much methanol he goes through per tank-full.
Ahhh, TCP. Excellent tech. I wish it would get more widely adopted.
Or better: scaled down for home use. Imagine the contents of your insinkerator and the output of your toilet being converted into fuel. It’d save significantly on transport costs by using what energy you don’t capture from your food.
If oil can be found on the moon, an additional benefit is that while startup costs are high, shipping becomes cheap: just escape the Moon’s gravity (far easier than on earth, because of low gravity and no wind resistance), with trajectory targets just offshore to your customers. You could even process en route, using energy captured by a kind of combination parachute / turbine to capture the potential energy from your falling shipping craft.
Point on your first idea:
Medical insurance is not a requirement in the US, and costs between $40 and $200 a month, depending on your medical condition.
Still, wouldn’t stop them from forming a prayer insurance company.
One word: spiders.
how can u prove there is no God?
I wonder how many have actually tried to find fault in your logic. I’m too lazy to look through all your comments, but I jsut have to wonder how many creationists actually found fault. I mean those who really believed ahat they were saying eveough to tell you. He, he, he.
Great harsh Northern pronounciation ‘bastard’, Phil : “Big. Rich. Oil. Greedy. BASStard.”
You make a strong case for it. I however am partial to the posh overstretched A with a light O sound in it – the Southern pronounciation : “Big. Rich. Oil. Greedy. BAOAAstard. (Obviously I’m no liguist.)
Oh and there is no God, so good work Phil.
I’m sure they lied to get onto capitol hill. lol the stuff creationists say is funny, it’s supplied me with hours of entertainment
For the hedge trimmings idea, I think they think you’ll need a global flood for that.
A4AF, here’s another;
w w w . mindfully . org/Energy/2003/Anything-Into-Oil1may03 . htm
Same deal, copy & paste into Google. This time it’s the first hit.
Here’s a snippet to whet your appetite;
“The offal-derived oil, is chemically almost identical to a number two fuel oil used to heat homes.”
A4AF > “However, this is not petroleum.”
True. Here’s part of the article;
“Bio-oil is produced through a process called pyrolysis, in which organic scrap materials are finely ground and heated at 400 to 500 degrees Celsius, without oxygen. In just two seconds, … is condensed into bio-oil; the end result looks surprisingly similar to petroleum.”
2 seconds!!! Maybe the reason for the difference in chemical composition?
Interesting though, huh.
Mickey,
Oh yea you’re right. Someone I know took a diesel engine and some kind of special thing to run off bio-stuff. I know very scientific terms
However, this is not petroleum.
Oops, sorry I missed the google part.
A4AF, when I Google;
w w w . treehugger . com/files/2006/03/biooil_growing . php
The 3rd one down is;
Bio-Oil: Growing Your Own Petroleum Substitute : TreeHugger
Mickey,
Is it the Science + Technology link?
A4AF, I have already showed Phil these links, but if you have time, could you check them out & see what you think?
Just copy & paste the following into Google, then choose the 3rd link down from the top;
w w w . treehugger . com/files/2006/03/biooil_growing . php
There’s others as well.