Got Bills to Pay? You’ve got a Decision to Make!

Sometimes emergencies or once-in-a-lifetime opportunities get to us and we find ourselves in financial straits afterwards. If that’s you, don’t worry. You’re not alone. But what you may not realize is that it doesn’t have to be the case for you. There is a solution to your predicament. And the solution may surprise you.

A UK personal loan is one option that many people may want to choose because it gives them a variety of potential loan amounts and interest rates. If that’s you, the choice is yours! You can choose the loan amount that is right for your situation. And, the rate of interest on the principle is usually determined by several things. For example, the prevailing interest rates, the risk the lender faces from the recipient, the amount of money you want to borrow, and the repayment period. Also, a UK personal loan comes with several flexible repayment terms, including the repayment frequency and the loan period (which is the amount of time you expect to pay the loan back). That way, you can manage the loan over a period of time and suit it to your income.

Be sure to shop around. If you look around at the many options available, you’ll probably find a UK personal loan that provides you with a good amount to borrow, competitive rates, an attractive repayment period, and a repayment frequency that meets your needs. Consider this example:

If you have a large amount of utility bill debts, a UK personal loan might be a good option in order to help you consolidate those utility bills into one manageable payment. That way, you can keep the lights on and the water running! Get a loan for a little more than your current accumulated bill so that you can put a small credit on each outstanding amount. That way, you’ll gain back your good name from the utility companies, and you’ll have a month or two of reprieve before you have to start paying back both the loan and the new utility bills you incur. It may be a period of time where you tighten your belt, but it will allow you to live comfortably.

A UK personal loan has many options. One of those is to consolidate your utility bills and let you begin the fight to win back your good name while keeping the lights on in your home. Many people are choosing to add a personal loan to their financial portfolio. Is it the right thing for your out-of-control utility bills?

Read More

Good Investment Advice: Only For The Rich?

If you think good investment advice is only for the rich, you’re not alone. Nearly two-thirds (65 percent) of investing Americans believe that those with more money are able to get better financial advice than those with less money. Further, more than a quarter (26 percent) state that it takes at least $100,000 to get top-quality financial advice.

This is according to a new survey by the Retirement Corporation of America, which also finds that more than half (56 percent) of investors believe that financial advisors lose credibility when they accept fees or commissions.

Given the above perceptions, it is not surprising that 53 percent rely on themselves or turn to family and friends when it is time to make investment decisions rather than seek professional advice. However, changing investment funds is easier said than done for investors. The survey finds that nearly a third (31 percent) are willing to wait from one to five years before they move their money from a poorly performing option to a better one. The factor that makes it most difficult for investors when contemplating change is the scarcity of time to conduct adequate research, as cited by a third of respondents. This is followed by 20 percent who state that they are confused by all the available options and 16 percent who are afraid of making the wrong decisions.

The Retirement Corporation of America conducted this survey to better understand why consumers stay invested in poor-performing mutual funds. Their newly launched investment opportunity-Money Masters Investment Portfolio-is the first to offer unbiased advice and access to top-performing investment funds for every American.

Taking The Guesswork Out

The good news for confused American investors is the new registered investment advisory account (the “R” Account), offered through the Retirement Corporation of America, with no minimum account balance, commissions, transaction fees or exit penalties. It allows investors to access a fully managed Money Masters Investment Portfolio containing 15 of the world’s top-performing mutual fund managers-the “Money Masters.” The Money Masters are the top 10 stock fund and top five bond fund managers chosen from more than 8,000 fund managers who meet very strict selection criteria.

How It Works

When an investor opens an “R” Account, Retirement Corporation of America advisors determine the individual’s objectives and risk tolerance. Based on that profile, a Money Masters Investment Portfolio is created to best suit the individual investor’s needs.

Read More