Personal Finance Essays

Ameriquest: Socially Responsible or Reprehensible? Ameriquest, a private sub-prime mortgage lender, considers itself “the proud sponsor of the American Dream”, but many consumers and former employees of Ameriquest feel otherwise, as they tell nightmarish stories of deception. The company is one of the nation’s leading private sub-prime lenders. Originally known as a bank named Long […]

INTRODUCTION Businesses in Africa are turning to the internet to enable them reach a wider market. This is known as Electronic Commerce, where buying, selling, investing and lending is done over the internet. Unfortunately in Kenya, the internet infrastructure is very limited. However with the cell phone boom, there is hope through Mobile Commerce. 1. […]

Today, however, bankruptcy has evolved into a procedure in which a person or business may preserve their remaining assets, reorganize and continue on or obtain a fresh-start in life. Bankruptcy can be defined simply as “the legal process by which the assets of a debtor are sold to pay off creditors so that the debtors […]

The Federal National Mortgage Association (FNMA) (NYSE: FNM), commonly known as Fannie Mae, is a stockholder-owned corporation chartered by Congress in 1968 as a government sponsored enterprise (GSE), but founded in 1938 during the Depression. Contrary to some beliefs, Fannie Mae does not make home loans directly to consumers, but rather functions as an intermediary […]

Default is defined as the unsuccessful act or the failure to carry through what has been officially and ethically agreed upon. Default is often associated with the failure of payment of debts associated with Bankss or other loaning and selling groups or companies. 2. Collateral on the other manus is the term used for something […]

Concentrate Producers and Bottlers were two of the four major participants that were involved in the production and distribution of Carbonated Soft Drinks (CSDs) in the United States. The Concentrate Producers (CPs) were responsible for blending raw material ingredients, packaging the blend in plastic canisters, and shipping it to the Bottler. Using Porter’s Five Forces […]

Financial constraint is the cash0limited budget which is legislatively-imposed and is under the influence of the Central Government and the Police Forces must operate within them. As it is seen, the presence of financial control is apparent and can’t be ignored, though the importance of financial management is a constraint on policing. Simply saying, financial […]

Voluntary liquidation occurs when the members of the company resolve to voluntarily wind-up the affairs of the company and dissolve. Voluntary liquidation begins when the company passes the resolution, and the company will generally cease to carry on business at that time (if it has not done so already). If the company is solvent, and […]

Some areas or fields in a country depending on its economic condition or government interest are prioritized and are called priority sectors i. e. industry, agriculture. These may further be sub divided. Banks are directed by the state bank of the country that loans must be given on reduced interest rates with discounts to promote […]

Abstract As the economy weakens, Americans begin to find ways to save money. One of the latest trends in saving money is considered “the paperless office”. This new paperless office method is a concept that is now considered “Green”, also known as environmentally friendly. These “Green” approaches are engineered to help save money and save […]

CPR and first aid techniques are life saving skills everyone should know and master because you never know when a situation will occur when CPR and first aid may be needed. Mastering these skills will prepare you for the actions you find necessary when trying to give someone the best chance of survival with minimal […]

In general application, saving usually stands for depositing money separately for a particular purpose, for instance, investment in a retirement plan or depositing cash in the bank. In other words, savings means the reduction of expenditure and the act to avoid wastage. According to the personal finance concept, saving means keeping or conserving money to […]

This essay will discuss the practice of pre-pack administration in both united States and United Kingdom. To amplify, features of pre-pack administration will be listed firstly, following by pre-pack situation in both countries, including procedure, aspects related to court, practitioner (trustee) and creditors and specific requirements such the Schedule 31 of Insolvency Act 1984 In […]

Moving to the United States from Russia at the age of thirteen, I was faced with a culture shock. This was a different environment with different culture and language. I had to struggle to fit into this new society. I had to learn the language and the thinking of the people. I also had to […]