How Can I Refinance a Car Loan?
January 8, 2018
Vehicle owners from past generations had to rely on industry professionals and published books with regards to refinancing. Although, today’s car owner can seek out refinancing and find an abundance of helpful facts regarding the various types of loans and refinancing options available online. Vehicle owners can also use the net to access calculators which perform the involved equations you previously had to leave up to the trained professionals. These same calculations which may have taken a considerable period of time to conclude and right are now solved within a fraction of a second.
Selecting a Reputable Lender
Vehicle owners who’re doing most of their refinancing investigation and searches online should carefully consider the lender they choose. This is important because whether a lender is found online or offline, care should be taken to make sure the lender is respectable. The best way to perform this is to stick with a better established lender who comes highly recommended by friends and family members. This doesn’t signify new lenders and smaller lenders are not respectable but there is importantly less risk engaged in choosing a founded lender than there is in picking out a new lender. Make sure you validate that the application you compete online is secure. OpenRoad Lending is a new player in the refinance market but has an extensive background in auto finance and data security.
Vehicle owners who are investigating their refinancing options online may find the web site OpenRoadLending.com to be a very valuable resource. This site offers articles and calculators which the vehicle owner can use to gain the knowledge they require to make an informed decision. The articles on the internet site are written in clear and concise language which is easy to comprehend and the loan calculator is extremely user genial and allows the borrower to enter in a few variables to acquire the desired results.
Another great feature of this site is the inclusion of a link which provides access to obtaining a free of charge credit status. This is done to safeguard homeowners from identity theft or other acts of fraud. This is significant because vehicle owners are likely to realize the terms of their refinance will rely largely on their credit rating. Vehicle Owners who have good credit will likely be offered favorable rates and terms while those with not up to perfect credit will not be offered favorable rates and terms.
All the same, the most significant feature of this site is the skills to obtain a loan decision rapidly and you can complete the refinance process in minutes. The information that is requested is basic in nature and is information you will have readily available. Once this application is submitted, the loan decision is received virtually instantly.
Keep Your Wallet Healthy
December 25, 2017
Go to the Library
If you haven’t been to your local library lately, you are missing out. Although libraries are a great place to save money on books, card holders can also take advantage of free internet usage, DVDS, and CD’s. You may find that the selection is not always current, but why not try something new. Check out a movie you may not have seen in years or bring home music of a band you haven’t heard of. Perhaps you find something you had no idea you would enjoy, without spending much money. Also look through the events calendar your library offers, many plan great activity nights for children, which keeps the kids entertained without emptying your wallet.
Do Not Post-pone Car Maintenance
Waiting to change the oil in your vehicle or replacing tires can end up costing you much more money in the future. If you feel that this is not in your budget for the month, look for coupons to local car repair shops, you may find that these small repairs can be found for a very reasonable price. If you regularly give your business to the same repairman, ask if he can offer you a discount for your patronage.
This is simple advice that is easy to try. The next time you are at your local grocery store, reach for the generic brand. Not only will you be saving yourself some money, you may find that the product tastes the same. For example, one can usually spend four to five dollars on a box of cereal, while generic brands can be found for three dollars or less.
Save Your Change
Bank of America now offers their Keep the Change service to customers, which simply rounds up the amount of your purchase to the next dollar and places the extra change in a savings account. If you prefer to stay with your current bank, this is something you can do yourself. Simply pay for your purchases with even dollar amounts and set the change aside. Another great element to this tip is that you are using cash instead of a debit or credit card. Research has shown that most people will spend less money than they would if they were using plastic, simply because you can physically see the money you are spending. It makes sense and helps your finances as well.
Cash in on Unused Items
Set aside a day where you can go through your closets and basements and find the items that you no longer need or use. The key here is to be honest with yourself, if you have clothes that still have tags or a gift you haven’t taken out of the package, it must go. Also, there are many options available to give your unwanted possessions a new home. If you think that your stuff is worth some money, put your items on Craigslist or EBay. If you would rather box up what you have found and give it away, find out what the drop off times are for your local Goodwill or Salvation Army.
We all know that going to the movies and other entertainment can become costly, so reinvent your weekend. Schedule a game night with friends and family, you may find that this can be more entertaining than going out. If you want to save money on games, invent your own words to draw for a Pictionary-like game of your own or give charades a try. If games are not your forte, rent a movie instead. Now, with companies such as Red Box and Netflix, watching movies with friends is cheaper than ever. Also, if you have children at home, you are saving money on babysitting costs as well. Perhaps music is your passion, check out your local music scene. You may find that local bars and venues will offer very cheap or free live music nights, and who knows, maybe you will find your next favorite band.
Brown Bags Are In
Bring your own lunch to work. Not only will you find yourself saving money, but eating healthier as well. Additionally, bringing your own lunch to work is a great way to use your leftovers. Also, if you are looking to put some extra money aside to pay off debt or plan a vacation, take the money you would have spent on your meal that day and put it aside. You will be quite surprised how fast that money adds up and much more aware of all the money you spend when you do eat out.
Do Your Own Taxes
I know, it sounds scary, but give it a try. With some many websites offering free e-filing, why not challenge yourself. Look at it this way, not only are you going to save some money, but you will most likely get your tax return cash faster. Try a company such as TurboTax or TaxACT.com.
Be Fashion Savvy
Before shopping at your favorite clothing store, check out your local thrift shops. You may be surprised with how many you will find in your area as the industry seems to be growing. Also, keep the rest of your wardrobe in mind when shopping. Look for clothes that you know you could easily pair with other clothing you have, this eliminates all the items you find in your closet with intact tags.
Kick a Habit
Most people do not realize how costly their habits can actually be, so take a look at something you do often and calculate how much money you spend to keep that indulgence. For example, the average smoker spends approximately $1,000 per year on cigarettes, so look into the options there are to quit smoking and do not be afraid to try a few out. Do you find yourself stopping to at coffee shops a few times a day? Invest in a coffee machine. With so many different coffee makers available now, you may find that buying one would cost just as much as a few lattes. If you spend money often on hair styling, stop a beauty school and find a student that can care for your mane at half the cost. If bottled water is your weakness, buy a water filter attachment for your sink.
Try a few of these helpful tips, or try them all. No matter how you choose to start saving your money, you are well are your way to a more healthy financial future. Good Luck!
Beware of Credit Card Traps when Financing Purchases
December 11, 2017
This is important for just about everyone as we all buy things. Some countries, as I understand it, do not have the same concept of credit cards that Americans do, so I will be writing this from an American perspective. I worked in the credit industry for quite some time and have extensive experience in these matters.
Obviously when you buy something you have to pay for it. If you have the money you can pay for it then and there, or if you don’t you can choose to finance it. Some things are normal to finance. Things such as student loans, cars, and a home are things that just about every person will finance. There are also things that are being financed much more in these times than in the past such as vacations, trendy clothes, video game systems and the like. There is argument that the “we want it now, but pay later culture has another financial shock coming the economy’s way in the credit card meltdown” I have been a credit analyst that approved loans and credit cards and collected them in my career. I do think there is going to be problems with the credit card system one day and greater than the problems we are already seeing.
There are different ways that items can be financed. One of the best ways is 0% interest financing. Here you borrow money and don’t pay any interest. Companies usually do this when they are trying to drum up business. They also have no interest and no payments for a year or longer. This is the banker’s way to make money. How? Easy. Most people will put off and put off paying the payment while it is interest free. By doing this at the end of it you get hit with all that interest. Most companies also compound the interest. All credit cards compound interest.
Compounding interest basically means that the interest you owe
Is calculated at the end of the day with a daily periodic rate (see your credit card statement. It will be really small like less than .01% in some cases. When you borrow money you do not want it to compound, but in savings you do want it to compound. To put it simply you are charged interest on top of interest every single day.
You also can just use a credit card. I realize it has to be done, but can be a bad idea. I personally have several credit cards, but owe a balance on none. This is because I learned the value of “want versus need”. I always ask do I want something or need it. If you want it I make sure I am getting the best price and quality and deal. If I need it I check out the same but you need what you need. If you car needs repairs you cant really skimp on that, but if I need a new video game I can wait until the price goes down or buy one used.
Now when people run a business there will almost always be financing. Not many people can buy everything they need all the time. This is especially true of raw materials or goods to resell. If you sell toys on eBay on a very big scale it is very possible that you may have to run a balance on a card to get your inventory. When you sell it you then pay the card off, hopefully at least. The main thing is to not get caught in a bad situation. It is very easy to do. Always look around if you have good credit someone is always offering a deal in order to get your business.
A final tip deals with automobile financing. Get your own. The car finance manager almost always will charge you more than you can get if you get it prior to the purchase. The reason is they make money off that. Typically you will pay at least .5% higher with good credit than what you would find on your own. If you have “challenged credit” it can be up to 5%. This can add up to several hundred to several thousand dollars over the long runs. In all fairness the dealerships do this because that is how they make money there. Not all do this and often times if you are financing through the companies own finance (BMW finance, Toyota ect ect ect) then you may not pay any spread (the difference between what you can get and what they charge you). Hope these tips help.
There are exceptions of course to this. Not everyone will listen also. I am sure there are grandparents who would not deny a present even if they could not afford it, but that is a choice people make. Sometimes you may finance a wedding. To each their own. When I got married I told the boss (wife) that with the marriage failure rate I was not going in debt for it. We had a great time and I took it all out of savings. I have spoken to people who have had to file bankruptcy after paying thirty thousand dollars for a daughters wedding. I believe in “judge not less ye be judged” but the people I was speaking to had a house and car what was not worth that much adding the value of both together. There is such a thing as living above your means. The bad thing is that they got divorced about a year prior to speaking with me about a mortgage trying to fix the mess they were in.
How to Finance a Start Up Business in Canada
November 27, 2017
Financing a start up business is a huge challenge in the current economy. New entrepreneurs have business ideas and they wish to monetize those ideas into a real business. In the current environment, more than ever, traditional financing is difficult to achieve for a start up.
There are however a number of strategies that the business owner can utilize to either replace or augment traditional financing.
We would point out those traditional financing typically involved banks via new business loans, and, most commonly, the Government Small Business loan, more commonly known as an SBL loan.
Let’s look at some financing options, somewhat non-traditional in nature, to assist the new entrepreneur.
Many customers have not completed their development for their final product or service. Additional capital can be brought into the new business by considering such strategies as customer down payments, use of ‘ try and buy ‘ programs from manufacturers , or simply maintaining a current employment until the product is completed – we would point out that many people entertain ‘ consulting engagements ‘ during this time period .
As the product /service is completed, and is ready to be marketed the entrepreneur could consider such financial strategies such as delayed commissions to sales personnel , utilizing temporary office space, and temporarily subsidizing the business via credit cards . We caution owners not to max out on cards, or default in payments, as this will have a long term effect on the owners overall credit worthiness. For the next several years to come banks and other lenders will be looking for a ‘clean credit scores ‘to augment any business borrowing – so don’t destroy your personal credit rating too early in the game. Fortunately or unfortunately credit cards have become a major source of small business financing – if utilized properly it is certainly an option. Key word: Utilized properly!
Typically as the customer enters the revenue phase of business is an excellent time to start talking to banks about small business loans, as well as the government loans available.
The owner can at this point utilize a number of other strategies to reduce cash outflows and financing needs – these include utilizing or purchasing used equipment in stead of new, or entering to equipment leasing arrangements which typically provide close to 100% financing.
Customers are cautioned at this point in the business to stay totally on top of invoicing (Invoice promptly!); owners should also be establishing trade credit with suppliers, and in instances where possible negotiating higher credit limits and extended terms. Suppliers will consider this for the right future customers!
Business owners are also encouraged to investigate factoring – which is the immediate payment of your receivables by a third party. Solid partners in this area at reasonable rates (typically 2%/mo) can be the life blood of a business for an intermediate amount of time prior to negotiating full fledged bank financing.
In summary, non traditional financing will not finance all of a new start up, but it sure can help. Customers are encouraged to get their operation up and running as quickly as possible, focus on sales and collections, and work towards growth at a reasonable rate. Business owners who exhibit these qualities in their business model will find proper bank financing and other business financing just around the corner.
Five Financial Mistakes Never to Make
November 13, 2017
Whether you’re a prince or a pauper, or somewhere in between, it’s important to know how much of your hard-earned dollars are coming in and going out. Whether you’re new to the work force or have been working for many years, keeping track of your finances is very important, especially as your situation and goals change and mature, like if you want to buy a car or a house, save for educational expenses, and prepare for retirement. Financial planning doesn’t have to be hard or overwhelming if you set up a system that works for you and stick to it. And, by avoiding the following five mistakes, you’ll have a lot more in your wallet now and in the future.
Mistake # 1: Use More Than 2 or 3 Credit Cards
It’s soooo tempting to open a credit card in stores to get the 10 or 20 percent discount they are dangling in front of you, but DON’T DO IT! Before you know it, you will have 10 to 15 credit cards, most likely with balances you can’t pay off each month (see Mistake # 2 below), and this will really harm your credit rating. Most credit cards have annual interest rates of 14% or higher, and the department stores are at 18% or higher. For example, if you buy $1000 worth of stuff in January and only make the minimum payments each month, you will have paid at least $120 to $200 of interest and still owe about $300 by December, and half the stuff you bought will be already old or discarded! You can really raise your credit score by buying only what you can pay in full and on time. In any event, you should keep your outstanding balances below 30 percent of your total credit line per account.
Mistake # 2: Buy Large Ticket Items that You Really Can’t Afford
I know, having the newest iPod or iPhone or iWhatever is cool and fun, but getting into debt isn’t. Try to live below your means. Get in the habit of saving for the big ticket items that you really want. Set up a jar and dump in your change and even your one dollar bills every night. Every time you avoid buying that double vente in the morning or that candy bar after lunch, put that money in the jar instead (both your wallet and your stomach will thank you!) Before you know it, you’ll have that fancy new gadget you want (probably a better model than the one you first saw) and savings and spending habits that will last you a lifetime.
Mistake # 3: Don’t Save for Retirement
Well, it may seem like a long ways off, but with people living longer and Social Security looking weaker, you’re going to need to put a little aside now for your golden years. And just a little will make a big difference, especially the sooner you start. The effects of compounding interest are amazing. For example, if you are 25 years old and you put just $100 aside each month at 7 percent interest per year, you will have $264,012 by the time you are 65; if you start at 35, the same savings will get you just $122,709, but that’s still better than not putting anything aside at all!
Mistake # 4: Don’t Maintain a Filing System for Financial Records
You will lose so much time and money over the years if you don’t keep good financial records. It’s important to be sure that all of your credit card charges are accurate when the bill comes each month as well as your bank accounts, etc. (despite what companies want you to believe, computers do make mistakes!) Plus, so much paper comes at you each day – a system to manage it all will save you time and money. You should separate paperwork as soon as you get it or finish with it. First, once you figure you won’t need a record, shred anything with personal information on it. Then, set aside the bills that need to be paid in their own pile. Try to automate bill payment as much as possible, but not to the point where you’re not paying attention to the amounts of money involved. Once you’re finished with paperwork that needs to be kept, file it away in whatever filing system you set up (usually manila folders get the job done; you might also want to look at David Allen’s book Getting Things Done). There are a lot of different systems out there to consider — experiment and find the one that works for you and then stick to it!
Mistake # 5: Don’t Have an Emergency Fund
These days, you never know what’s going to happen, and unexpected expenses pop up all the time. Setting up an emergency fund for those times when you need to get your hands on a wad of cash is a goal worth setting. You should aim to put aside money that will cover your basic expenses for at least three to six months, such as rent, utilities, commuting expenses, food, etc. Put it in a safe and easy to reach (but not too easy) account that earns interest. That way, if you need the money, it’s there for you; if you don’t, you’ve got another source of savings available that’s growing.
Everyone makes mistakes in life, but with a little planning and determination, you don’t have to make these ones!
Hit by Madoff’s Fraud, Indianapolis Couple Rebuilds Finances
October 30, 2017
Indianapolis — Two years ago, my husband and I could see the economic downturn on the horizon. Homes on our block took longer to sell. Fewer customers shopped at the local mall. But we had no idea we were entering a recession that would drag on for at least two years. Now we are wondering when it will end.
We felt lucky to be living in Indianapolis, a city with a relatively low cost of living. We consider ourselves reasonably frugal.
All that changed when Bernard Madoff entered our lives. It was Dec. 14, 2008. My husband and I received a phone call informing us that money we’d invested in a fund had ties to Madoff. We had lost over $30,000 from a portion of a fund, the Merriwell Fund, part of which was invested with Madoff.
Even so, we were fortunate. Madoff wiped out many investors. Local Indianapolis temples and Jewish organizations, which had money tied up with Madoff, not only had to cut costs drastically but fire employees and restrict opening hours to stay afloat. We got off lightly; our financial portfolio had been hit — but not totaled.
However, our financial advisers admonished us to make major changes to our financial planning and not just because of Madoff. Other economic challenges started facing us and other Indianapolis families.
Homes are taking longer to sell and nervous friends asked us for job leads. (Indianapolis’ unemployment rate was at 7.7 percent in September.) When homes on our street sell, they go for bargain rates. After years of seeing our home appreciate it value, it is a shock to discover its lower value. That impacts our financial security, too.
Our investments are diversified, so we haven’t lost everything. But there’s never a good time for a couple in their mid 50s (I’m 55, my husband is 56) to take damage to their investments. We don’t have the advantage of youth and time to make up our losses before retirement.
When we got the Madoff news, we had one son in college. We’d promised to help him out if he got a scholarship that covered tuition. But because of financial woes, we had to scale back on how much we helped him.
That meant he had to take on student loans, something we’d hoped he could avoid for as long as possible. We still paid his health insurance, but he had to take a second job while at school.
Then, in late August, my husband’s employer, a local Indiana university, announced a pay freeze to manage costs. My husband, a college professor, won’t get a pay raise for the coming year. We’re happy he still has a job with benefits. But it did impact our budget. It also affected our investments, the ones outside Madoff’s reach.
Our retirement date was starting to look like a dream, somewhere in the distant future.
We’ve halved our monthly budget and still consider ourselves lucky. Lucky to have jobs when Indianapolis has high unemployment. Lucky to have a home and food on the table. Lucky not to have our finances scorched to the ground by Madoff. We’ve been told that we need to think of the long term and keep investing in the stock market to build our portfolio back to where it was before Madoff came along. Our advisers urge us to have trust in our financial future. We’re working on it.
Small Business Finances During Economic or Seasonal Downturns
October 16, 2017
There are certain necessary expenses for a business to operate and these basic needs must be met. Unnecessary expenses should be reduced or eliminated when economic or seasonal downturns occur. Priority expenses include:
- Phone service
During slow periods, whatever business comes in, complete the projects promptly. The tendency is to be lax in production. It is important to produce as quickly as possible and not overcharge. If the work is prompt and as economical as possible, customers and clients will feel important and return for more service. Repeat business is vital. Customers like to be the first person in line. Making them feel important keeps them satisfied and will bring them back.
Stay in contact with creditors. Make arrangements, if possible, for smaller payments. Most negative consequences can be avoided or postponed with regular contacts.
Start paying “COD” for supply orders. Charging supplies in slow times will create a balance in an account that builds and becomes difficult or impossible to pay for a small business. Smaller pays of cash-on-delivery can keep materials coming when they are needed.
Credit cards are a convenience. In slow Business times, charging on credit cards will build a balance that cannot be paid. Contact credit card companies to work a deal that will freeze the card, but make smaller payments at less percentage of interest. Operate with cash instead of credit cards during a time of slow business.
Eliminate Unnecessary Expenses
It may be pleasant to have the concession delivery for the office, but this is an unnecessary expense. Coffee can be bought at the local supermarket cheaper than concession delivery. Look at business expenses and eliminate any unnecessary charges that do not add work to the business. Items of convenience may need to be reduced or removed for a period of time, until cash flow increases.
When seasonal or economic downturns for small business happens, be prepared to do what is necessary to meet business needs and always maintain a steady work flow ethic. Times change. Be prepared to be flexible in business expense matters.
How Not to Get Your Film Financed
October 2, 2017
The following is an extract of information exchanged between a film producer/writer/director and his friends who I had contacted not long ago only to discover that regardless of what you read on the internet, regardless of what other people say about you, regardless of how much false information there is out there about you, you can never trust anyone in the film industry and you should figure out how to finance your own projects without relying on others to do it for you!
My responses and corrections to the poor chaps leanings and musings and anticipatory drivel are in brackets next to his words posted at some Indie Producer club that is more akin to a bar full of drunk soul less money hungry mavens of moviedom.
I got an email from a guy who said he likes the art work for “I, Creator” and asked me to give him a bid to make a 90 minute animated movie that could be put on TV. (I thought from his web site that he was producing animations, but that was just the artwork for his trailer).
Dummy me, told him I have two distributors waiting on the live action feature. Animated? I said, like a fool, it looks like he will miss the boat. It’s more like I missed the boat on that opportunity. Damn! (The query about doing animation was simply done out of curiosity rather than a sincere desire to hire this wanna-be film maker).
The offer came from Gaberiel (SIC) Acts. I’ve been trying to find out who he is. He has credits as an actor with the Bravo channel. (Not sure where he got that from, but I have never been an actor appearing on the Bravo Channel.)
It sounds more like he would want me to produce it and he would fund it, if the price is right. (I would fund it if I had the money, but I never said I would fund it, I was merely inquiring about this man’s talents and ability and level of intelligence, and never made any sort of offer, but rather expression of interest out of curiosity – I really do hate the horror flick genre – it is so stupid, really!).
If he has the bucks, I can put together the team. I know very good storyboard artists, animators, and a GREAT sound recording studio for the voice overs. (sic) It would just cost him big bucks. (If I had the bucks, I would not need him to put together my team, my team would already be in place before I got the bucks, but finding intelligent team players is getting harder and harder because not one film producer or director in this country has any money – the money is all owned or controlled by bankers.)
So, maybe I really didn’t blow the deal. Who knows? (How can you blow a deal when there was no deal even started to begin with?)
I’ve worked on animatics (sic) before and have all the right connections for the right price. Such a production would be VERY costly. You’re right James. I’d get the cast of I, CREATOR to do the voice over’s for their characters and make sure they got pro rates for doing it. And, I have a friend who would coach them who records voice over’s for a living. Because doing voice over’s has some differences from straight acting. (All of a sudden this guy is plotting on how to come up with the people to match the delusional funding this guy thinks he might be onto, rather than creating the money for himself first and then getting the talent)
I’d find a way to get the crew some paying work too. (How generous of you!)
I’m getting ahead of myself, (he was way ahead of the bell, even before the horse was hooked up to the cart) but I’d get some people here to help with a big budget animated movie and have all the post work done by THE CUTTING EDGE. They have quite a resume of big budget ads, commercials, and TV productions.
But, I must keep my eyes on the prize and get I, CREATOR on DVD out in the market. And, I will. Even as I type this I’m fixing up more of the movie.
Gabriel Acts is most likely an actor, as his credits indicate, who wants to turn to producing. So, he is green with the producing part of the industry. (Wrong assumption again, while I have acted in plays both on the street and in theatres, and have appeared in numerous indie tv shows and other such nonsense, I am far from being a professional actor and after reading all this guys drivel and exchanges with his friends I must say I am both humored, laughing on the floor, and disgusted all at the same time by the magnitude of ignorance that is rampant in cyberspace).
I just heard back from Gabriel Acts.
He wants to know who my distributors are and how much am I asking for the movie.
You guys should know from past threads my distributors are Round Table Cinema in Japan and BigStar.TV in Florida. (Never heard of them and don’t care, I was just curious if you had anyone really major lined up to distribute your film)
I replied, I’m not looking to sell the movie, just DVDs of the movie to start up a fan base for the characters and story to lay out the seeds for bigger stuff with the characters and story in the future. The distributors I’m dealing with are non-exclusive and I retain all the rights.
He emailed me again and asked how much do I need to produce the sequel. (I didn’t know there was a sequel to a film that hasn’t even been made the first time around)
Let’s see if $2 Million for a cable TV network scares him away. (To a trillionaire that would be like asking for a couple pennies, but to a man as rich as I am, I would not invest in any films, or real estate, or anything but pennies myself, because pennies don’t talk back to you or lie to you like the stock market and financial experts do.)
Money up front, if this guy is for real. That remains to be seen Marius. (Nothing was ever mentioned about money up front, but yes, it takes money to get money, even from crooked bankers).
Yes Marius. I’m waiting to find out. He seems to be interested in a live action version now, since I told him two distributors are waiting to see a live action version. (keyword “seems”)
He asked me for an amount. I told him $2 Million. I’m waiting to see if that scares him away. He is asking for the cost of making another I, CREATOR. I told him $2 Million to build sets, space for the sets, costumes, a skilled DP with their own equipment in the caliber of the Leonetti brothers, a bigger crew, a bigger cast, locations, and post services.
I’m waiting for his reply.
I’m letting you all in on Gabriel Acts, just to see where this whole caper leads. (So seeking funding for a film deal is a caper?)
I just heard back from Gabriel.
He’s considering executive producing a newer version of I, CREATOR. He claims he’s doing due dilagance (sic) on me. So, the saga continues. The $2 Million did not scare him away. (How did a few emails back and forth turn into a saga?)
Thanks Scott. I’ll believe it when I see it. But, if it is real, I sweetened the pot by recommending an experienced line producer. (How this sweetens anything is anyone’s guess.)
I recommended my friend Doug Bruce to line produce the production and he can call Doug as a reference on me if he wants. Doug has line produced, 1ST ADed, and been a production manager for over 20 years now. Doug has line produced two, three, four, and five million dollar productions and made their shooting schedules. (So what?)
If the guy is for real, he’ll recogonize Doug would be a great asset for such a production. (Since when are people not real, he is assuming immediately that I don’t exist).
I was confused as well, Darlene when he asked me to bid. After doing some due diligence, I see that he lives in Budapest, Hungary. So, English is not his native language. He is an actor and a casting director for a company called King Penny Productions. (I don’t live in Budapest right at the moment but I was born there and did live there, but where I live is irrelevant to the issue of getting a film financed).
I asked him point blank, what is his interest in I, CREATOR. His reply is to be an executive producer and possibly provide the financing after he does due diligence. (Sure, I’ve got about ten scripts sitting around collecting dust that people want financing for between $500K and $35 million but not a single one of them has any real A List Talent behind their scripts or production companies, it’s all just more hot air coming out of the script peddlers penniless poopers).
I also did some research. If we were to shoot this budgeted version in Hungry, (sic) we could use both union and non-union people and the US dollar would be worth something like twice as much. (The guy is a script writer but he cannot spell, and he goes off on this wild tangent about Hungary)
I can see selling the budgeted version to Showtime TV. (Is there an unbudgeted version?) It would be right up their alley. We could make something better than a Roger Corman Production. If we can get a DP like John Leonetti who is great with shooting action and Karen Sheperd as the stunt coordinator with her experience with stunts and fight choreography, we would have some of the best low budget action scenes around. That would be quite a dream team. And, I see it as possible. (If this…, if that…, its all pure delusional mind numbing speculation and a waste of everyone’s time and energy, dropping names left and right of people I never heard of and don’t care to waste time researching).
They’re not asking yet. (referring to up front fees) Scam artists don’t always post that on their web site to begin with. (Anyone who asks for an up front fee is considered a scam artist by this guy) I still remember how productiontrax tried to stiff me with a contract NOT posted on their web site with their stock footage. That’s why I’m not using their stuff. I have too much good stuff from gotfootage.com and pond5.com to worry about them. Let’s first see how the due diligence works out. That’s step number one. (He already knows how many steps there are to get his film funded but has he ever funded a finished product before?)
I’m looking out for the people who made I, CREATOR so desirable to begin with. I want them to benefit by getting paid and working alongside some top industry professionals to take I, CREATOR to the next level. (You get what you pay for Dude!)
I found Gabriel’s profile from other sources. It’s best not to trust his web site. Anyone can put anything they want on their own web site. (And anyone, including the government and SEC lawyers can accuse anyone of anything they want to and if you don’t have the money to defend yourself in the Federal Courts or the Courts of Cyberspace, you are permanently labeled a criminal, con man, crook and can never work in Hollywood ever again. The only crime ever committed by anyone is not having enough money to defend oneself against false reports, false accusations and false judgments, and it does no good to try to defend oneself against them, because you will go insane trying to prove your innocence. It is much better to just expose the attacker, the covert liars, the conniving scoundrels who conduct whisper campaigns and innuendos behind your back and put them away forever into the rotten places from where their minds dwell).
I know he’s joking. But, he should also realize I’ll try to get as many talented people I know involved with this is (sic) the money is real. That’s job one … to see if he and the money are for real. (What money, no one ever mentioned anything about having any money, I simply asked him what his budget was and perhaps I might know someone like my adopted Uncle George Soros who bought DreamWorks Film Library for $900 million.)
A $2 Million production to look like a $200 Million without the names will be a big undertaking, but possible. (What flavor of crack is this guy smoking?)
My friend who produces for the cable TV networks told me that HBO and Showtime buy filler movies from time to time from independent producers. That $2 Million investment can be recouped from one sale to Showtime. They invested in Roger Corman’s bad girls of BLACK SCORPION and VAMPERELLA. Something with better production values would certainly sell. Heck, we’ll pay a good sound crew with the budget, if it is for real.
My bad, he’s with Penny King Productions. (I am not with Penny King Productions, I am the creator, inventor, writer and producer of everything Penny King and his Productions.
Here’s his page: Gabriel Acts Page! (The page belongs to Associated Content. The content is produced by writers for the Infinite Freedom Foundation. Infinite Film Finance helps finance films. It’s a division of a division within a division of a battalion of an infinite supply of money but this guy won’t see a penny of it because what he thinks is real money is in fact phony and what he thinks is phony is in fact myopically blinding his brilliance).
But, as I said, it’s better to look for other sources on him. Once again, he found me. I didn’t find him. It’s a matter of using the Internet to post movie trailers and teasers everywhere, so the right people can find you. It’s a lot cheaper than going to film festivals. (This guy is all over IndieProducer.net, schmoozing with every woman actress and potential money pocket he can connect with, he’s actively looking for money for his films and he doesn’t take responsibility for even that much of his own life, so how would he even begin to know who I am and what I am really?)
Here’s a page on Penny King Productions:
Penny King Productions
Mike, it’s just a suspicion, but “Gabriel Acts” doesn’t sound like a real name. It sounds like a name based on a play or screenwriting or something. (Duh, What was your first clue?)
Ok now I just checked the description on that profile. “Gabriel Infinitely Acts” is his full name. (A Pen name that is a trademark and copyright of the Infinite Freedom Foundation).
Well, I hope you get your 2 million and that somebody isn’t just getting your hopes up. (The delusional always get their hopes high on their own without help from pen names).
Ps: James, YOU’re not “Gabriel Infinitely Acts” are you? Kinda like playing a joke thing on mike? Sorry to suspise (sic) you but it’s the only thing that makes sense for the way things are presented here with the guy just showing up out of thin air and offering someone he doesn’t know 2 million to make a movie. (I didn’t know humans could perform the same way as money -showing up out of thin air – is the thick air where the film maker wannabes and their lawyers who take up front fees all the time called “retainers” come from?)
It wreaks (sic)of deceit. But I hope for mike’s sake it’s not. (Lawyers on message boards who cannot spell, they should have their secretaries do their postings for them).
It appears that this so called executive producer wants to give our South Afrian friend a run for the money with aliases. Although, Marius is a good guy. (I never said I was an executive producer, I said I was interested in becoming an executive producer which is totally different. Had he asked about how I could become one he would have learned and perhaps gotten past the gates of the barbarians who run the banking system in this country).
I don’t think the same can be said for Garbor (sic) S. Acs. Garbor (sic) seems to be involved with lawsuits and people after him. (No one is after me, if anything I am after anyone who is ignorant, just to educate and enlighten them into the truth, but most people cannot handle the truth because they cannot find themselves and are looking for the truth in everything and everyone else. I am still whatever they perceive me to be after all is read and done).
Gabriel Infintiy (sic) Acts is a.k.a. Garbor S. Acs a.k.a. Penny King Holdings and several other names. ( I have infinite pen names and you will never know me until you “Know Thyself”).
This doesn’t sound good: Garbor (SIC) S. Acs and the US Securities and Exchange Commission
Penny King Stock Patrol Report
Penny Stock Fraud Info
This is why it pays to do due diligence. I had to first discover what this guy’s real name is: Garbor S. Acs (that is not my real name and never was) and his company is Penny Knig Holdings (Not, wrong again! Gong! Next!) and a google search turned up the above links. (Trust in Google, it will always pull up the wrong crap on the wrong people and soon enough the world will be engulfed in gaga googlers suing each other over spreading rumors and lies and false information).
Well, something else may be developing from my day job. I met a friend of a friend whose brother-in-law invented Internet banking (Is his name Al Gore?) and made so much money from it, he’s investing some of it in film productions. (Sure! Name one!) He asked for my web site to show my stuff to his brother-in-law over the Thanksgiving holidays.
So, there’s a chance at something. (There’s always a chance that you missed your chance and you should just stick to your day job and don’t try to fool genius ever again).
And, I heard back from the Penny King. He claims the charges are false and he is being harassed. In the mind of a con, the world is against them for “working outside the box.” (From one report, from one false and misleading report, all judgments are pronounced by the wise Mikey the flim flam filmmaker who comes seeking pennies from a King yet knows not how to turn his own pennies into dollars with sound investments).
I have copies at work of the SEC reports and judgments and they look pretty real to me. (So do your delusions, but does that make them true to fact, true to life and true to experience. No man can know another man’s truth unless they walk in their shows, shews, shoes, or whatever their wearing for skin, for more than a thousand miles.)
I hear you, Darlene. After seeing copies of SEC documentation and court judgments on him, he’s bad news. He tried to steer me to read an article on one of his web sites he most likely wrote himself under another alias. (I don’t have any web sites and if he had checked All Who Is he would have had more intelligence than to make that assumption, but he is just like millions of other Ameri-“can’ts” and Ameri-cons, they cannot see past what the “authorities” have said about a man to look deep into the heart and soul to determine the true due diligence. I mean really, does anyone really honestly believe anything written by anyone who works for the government publishes anymore?).
In the latest World According to Gabriel, he says the SEC and courts beat him by default. I wonder why … a no show would do it. (Yes, if you file ten thousand pages protesting the false accusations in a federal court case and the petitioner moves for a summary judgment and you do not respond within the time frame of the rules which you have to learn as you go as you try to defend yourself against the abusive lying scoundrel government agents because you have been permanently damaged, emotionally, mentally and physically through a continuous dwindling spiral from the onslaught of legal harassment, the courts have no compassion for people who say I’m not showing up to play your stupid mind games any more…boom – guilty for failing to appear!)
Now if a lawsuit were filed against this man, and he ran out of money to pay lawyers and legal fees, then surely he too would begin to know the truth of how it all works, but what do I know, I was just asking a few questions and look what happened!
Three thousand more words upon words upon words that result in nothingness! No film. No budget! No real entertainment. Just more boring drivel!
But don’t tell this guy that Infinite Film Finance is open for business!
How to Avoid Mortgage Arrears: Stop repossession with Mortgage Insurance
August 5, 2017
Whilst missing unsecured loan repayments can be managed via a debt solution, mortgage arrears present a greater challenge because the family home can be lost. It is important to seek debt counselling and mortgage advice at the first sign of financial difficulty.
Seek Independent Mortgage advice
Receiving mortgage advice early on is invaluable for any home owner. When problems do occur, mortgage advice and debt counselling can often be combined. Ways of saving money can be discussed, methods to make extra money identified and a complete solution brought into action to stop repossession.
A High Mortgage Interest Rate with a Standard Variable Rate Mortgage
If it has been several years since the last remortgage, there is a strong possibility that the borrower is on a Standard Variable Rate (SVR). SVR only serves to help the lender as the rate is typically 2% or more above the Bank of England base rate.
It is possible to save money by getting a less expensive mortgage interest rate. Getting a tracker or fixed rate mortgage can literally save hundreds every month. For example, an online mortgage calculator reveals that a fixed rate mortgage at 5.5%, as opposed to an SVR mortgage at 7.5%, would save a borrower £250 each month.
This additional sum could be the difference between affordability and mortgage arrears. It is often the accumulation of a small amount of money that finally causes financial difficulty. A remortgage alone could stop repossession from ever happening.
Extending the Mortgage Term to Help Stop Repossession
An extension of the mortgage term does result in more interest being paid, but also brings the monthly repayments down. Being able to stop repossession is all about making life more affordable and spreading the cost over longer helps to achieve this objective.
An Interest-only Mortgage to Stop Repossession
With the lenders permission, it may be possible to switch from a repayment to an interest-only mortgage. This would have the effect of reducing a typical £150,000 mortgage by over £300 per month.
Loan Insurance to Prevent Mortgage arrears
As a preventative measure, it helps identify the cheapest and most comprehensive sources of mortgage insurance. This would provide the insured with coverage in the event of unemployment, poor health or an accident.
It is vital that the insurance policy is gone through with a fine tooth comb as some sources of loan insurance are full of loop holes that seek to escape providing assistance. Checking the T&C’s gives a potential policy holder the chance to make sure that the necessary coverage is provided.
Mis-sold Loan Insurance
If the mortgage advice comes from a tied agent to a financial institution, opinions can be heavily prejudiced and tend to be more expensive. Some advice is even negligent or unlawful.
A number of cases are currently going through the court in relation to being mis-sold loan insurance. There are instances where customers have been sold loan insurance when they would never be able to claim. This included the self employed and those above the maximum age of qualification.
If there is a possibility that loan insurance was mis-sold, it is possible to take legal action against the provider. This can result in literally thousands of pounds of compensation. If mortgage arrears are already a problem, the compensation can be used to clear them.
Sorting out financial problems early on is key to stopping repossession. Mortgage arrears can be tackled through a series of lifestyle changes or debt solution, provided things haven’t been allowed to continue to the point of no return. Seeking debt counselling can prevent this situation from ever arising.
How to Get the Highest Cash ISA Interest Rate: The Best ISA Rates on Tax Free Savings
July 29, 2017
Given that the Bank of England has set base rates at just 0.5%, achieving the highest cash ISA interest rate on personal savings is extremely important. Whilst a saver isn’t going to become rich over night, there are a number of ways to ensure that the best possible return is achieved. Don’t settle for the first rate offered by a bank as there are a number of online deals that aren’t widely available on the high street.
Individual Savings Accounts
Under current Inland Revenue rules, an ISA is a form of tax-free savings. Savers born prior to the 5th April 1960 can invest up to £5,100 in a best buy cash ISA. Those born after this date can currently only invest up to £3,600, but this is set to change on soon. Up to £10,200 (or £7,200 for under-50’s) can be invested in a stocks and shares ISA or divided equally between equities and cash.
Perform an ISA Transfer
It is advisable to move funds to an Individual Savings Account offering the best ISA rate. The process should be initiated through the new provider, not the old one. An ISA transfer should be completed within a 30 day period, although this could be affected by business volumes – especially towards the end of the current tax year. Those with variable rate ISA’s should check cash ISA interest rates at least once a year.
Cash ISA Interest Rates
Whilst a saver can visit high street banks to find the best buy cash ISA, it isn’t a terribly efficient method. It is far more effective to use an online comparison site, such as uswitch.com or moneysupermarket.com. These sites allow someone to trawl through the cash ISA interest rates offered by all the leading banks and financial institutions based on specific search criteria.
Fixed Vs Variable Rate Cash ISA Interest Rates
The returns on a fixed rate ISA deal will be higher in return for locking up money for a specific period of time. Early withdrawal will incur a penalty that is equivalent to x months of interest. Bank base rates are low and look set to stay that way, but it is impossible to be 100% sure. Should the saver feel that interest rates are likely to rise, a variable rate ISA would be the better option.
Achieving the best possible cash ISA interest rate isn’t a complex process, but it does involve a bit of research. Too many savers become complacent and simply accept the rate that is offered by their high street bank. Use a comparison site, such as uswitch.com, to find the best buy cash ISA at least once every 12 months. Make the most of tax-free savings allowances before April 5th each year.