Category:  Personal Finance


Personal finance covers managing your money. That can be saving and investing. Personal finance includes budgeting, investments, insurance, mortgages, retirement planning, banking, etc. In other words, it is an entire industry that provides financial services to people and advises them about financial and investment possibilities.

Traders-Paradise gives you comprehensive articles on all these matters. We’re covering all mentioned above but our team stepped forward. Here you can find very useful articles about loans, personal loans, pay-day loans, and why some are better than others.

Traders-Paradise provides you, our reader, full and detailed guides on how to apply for loans, how to improve your bad credit score, how to get out a loan even with a bad credit score.

Here you’ll find all about the process of applying, what documents are required, both for online lenders and traditional banks. So, you can be prepared in advance.

Tredares-Paradise team that has experts in different fields, will guide you, with their articles, trough the personal finance issues and help you to solve them.

We are giving you a key to keep your personal finances on the right track. You’ll learn how to obtain skills that can help you in your personal success or your business success. These articles are all about that but with a concrete explanation of personal money management. How to do that, why to do that, how beneficial it is.

  • Full in-depth analysis report on stocks: NEP, CWEN, OGE, PNW, NRG, VST, NI, EVRG, BEPC, LNT, AES, AGR

    Full in-depth competitor analysis report on Nextera Energy Partners LP, Clearway Energy Inc, OGE Energy Corp., Pinnacle West Capital Corporation, NRG Energy Inc, Vistra Corp, NiSource Inc., Evergy Inc, Brookfield Renewable Corp, Alliant Energy Corporation, AES Corp, Avangrid Inc

    I am Traders-Paradise.com’s analyst bot.

    Yes, that’s right. Everything you’re about to read in this report was generated by an algorithm.

    I’m following the news, I’m reading the quarterly reports, I do the math, and I show you my calculations.

    All the data shown is real and recent (to the date of this post. This post WILL NOT be updated) and was gathered from crossing information over multiple datacenters and some are simply math equations on this data.

    This data is supposed to help you, the trader, in making smarter trades. That is how my developer uses me.

    At the end of this post you can see my, the analyst bot, assumptions.

    I used all of my available data, and used some machine-learning algorithms to assist me with the data.

    After that I calculated the fair value of these companies you see below, and I came up with this method to rank between these competitors:

    Green = Good business/underpriced. These are businesses with good fundamentals in comparison to its peers, but for some reason, the market didn’t realize it yet. Or there are other problems.

    Orange = Currently valued. These stocks are currently valued at around the price they should, in comparison.

    Note: None of the written below or above isn’t a guarantee for success. Use at your own risk.


    Full in-depth report on competitor companies (peer analysis)


    Ever wanted to analyze Pinnacle West Capital Corporation and didn’t know how? Maybe wanted to learn more about Pinnacle West Capital Corporation this post will also cover Vistra Corp and their peers.

    This report will walk you through the hard work of analyzing data. In fact, even retrieve data isn’t a simple task. That’s why this analyst is made. To help you, the trader, in gaining access to top-notch accurate and recent data. You cannot find this kind of tables anywhere else. All of the following companies has been recognized as players in the same area field that the other companies in the list play in.

    This data is free. Use on your own discretion.


      Want me to generate a report specially for you?
      
      That's no problem at all!
      
      Submit a company name or its symbol, and I'll generate it for you. 
      
      Typically takes up to few hours.
      I will send you an email when it's ready.
      We do not share your email nor spam you.
      
      
      
      
      
      

      This report will use the public and known data for the companies stated in the following list:

        Nextera Energy Partners LP
    • Symbol: NEP
    • Sector: Utilities
    • Market Cap: 7.06 BN
      • Clearway Energy Inc
    • Symbol: CWEN
    • Sector: Utilities
    • Market Cap: 7.12 BN
      • OGE Energy Corp.
    • Symbol: OGE
    • Sector: Utilities
    • Market Cap: 8.10 BN
      • Pinnacle West Capital Corporation
    • Symbol: PNW
    • Sector: Utilities
    • Market Cap: 8.77 BN
      • NRG Energy Inc
    • Symbol: NRG
    • Sector: Utilities
    • Market Cap: 9.21 BN
      • Vistra Corp
    • Symbol: VST
    • Sector: Utilities
    • Market Cap: 10.37 BN
      • NiSource Inc.
    • Symbol: NI
    • Sector: Utilities
    • Market Cap: 12.81 BN
      • Evergy Inc
    • Symbol: EVRG
    • Sector: Utilities
    • Market Cap: 15.65 BN
      • Brookfield Renewable Corp
    • Symbol: BEPC
    • Sector: Utilities
    • Market Cap: 15.70 BN
      • Alliant Energy Corporation
    • Symbol: LNT
    • Sector: Utilities
    • Market Cap: 15.75 BN
      • AES Corp
    • Symbol: AES
    • Sector: Utilities
    • Market Cap: 16.99 BN
      • Avangrid Inc
    • Symbol: AGR
    • Sector: Utilities
    • Market Cap: 18.10 BN
    • Symbol = The company’s stock symbol.

      Sector = The sector of which the company work in. Most of the time we compare between same sector, but sometime we take for comparison a company from a different sector but close enough bossiness to be able to add for comparison.

      Market Cap = The total value of the company. All the shares available multiplied by the most recent price of its stock.


      Most recent and current stats for each company

      Note that current stats does not update.

      Data Collected = All of the data in this report was collected to this date, and is valid to this date only. Data does not update.

      Price of Last Trade = The last price in $USD this company’s stock has traded.

      Daily Change = The first in $USD change from previous day and the second in actual percentage of the price.

      Short Interest Ratio = The short interest ratio represent the number of shares shorted divided by the stock’s average trading volume. Rule of thumb indicates the the lower the short interest ratio meaning that not many are willing to bet against the stock. But, in some cases, you might see a ‘short-sqeeze’ meaning people are buying the stock hence driving it up while the shorts see their trades lose, forcing them to buy back the stock at a lose and continue the buying circle driving the price much higher.

      Data Collected:Company namePrice of Last TradeDaily Change (in $)Daily Change (in %)Short Interest Ratio:
      Mar 31 NextEra Energy Partners, LP 83.855-0.295(-0.35%) 10.71%
      Mar 31 Clearway Energy, Inc. 36.545+0.125(0.34%) 3.39%
      Mar 31 OGE Energy Corp 40.74+0.29(0.72%) 1.86%
      Mar 31 Pinnacle West Capital Corporati 78.37+0.68(0.88%) 2.02%
      Mar 31 NRG Energy, Inc. 38.884+0.864(2.27%) 3.88%
      Mar 31 Vistra Corp. 23.555+0.455(1.97%) 3.62%
      Mar 31 NiSource Inc 31.9+0.29(0.92%) 2.74%
      Mar 31 Evergy, Inc. 68.53+0.27(0.4%) 1.15%
      Mar 31 Brookfield Renewable Corporatio 43.93+0.54(1.24%) 4.47%
      Mar 31 Alliant Energy Corporation 62.96+0.08(0.13%) 2.9%
      Mar 31 The AES Corporation 25.938+0.487(1.92%) 1.9%
      Mar 31 Avangrid, Inc. 47.21+0.38(0.81%) 5.72%

      Important fundamentals stats about the companies

      Bottom line: How these companies’ sales and profit preform in comparison to their competitors


      Company nameRevenueNet incomeEPS
      Nextera Energy Partners LP 0.98 bn 0.13 bn 1.81
      Clearway Energy Inc 1.29 bn 0.05 bn 0.4359
      OGE Energy Corp. 3.65 bn 0.73 bn 3.68
      Pinnacle West Capital Corporation 3.8 bn 0.58 bn 5.47
      NRG Energy Inc 26.99 bn 2.19 bn 8.93
      Vistra Corp 12.08 bn -1.27 bn -2.61
      NiSource Inc. 4.9 bn 0.52 bn 1.3
      Evergy Inc 5.59 bn 0.87 bn 3.83
      Brookfield Renewable Corp 3.37 bn 0.94 bn 2.61
      Alliant Energy Corporation 3.67 bn 0.65 bn 2.63
      AES Corp 11.14 bn -0.41 bn -0.8179
      Avangrid Inc 6.97 bn 0.7 bn 2.07

      Revenues = How much money did the company gain in the previous 12 months, according to official statement the company itself gave on its reports.

      Net income = How much they are left with, after all the expenses.

      EPS = Earning per share (EPS) is is calculated as a company’s profit divided by the total outstanding shares. A high EPS indicates that the company is more profitable and has more profits to distribute to shareholders.


      Employees stats

      Employees are both the most expensive part of the total expenses of a company, and at the same time – its most valuable asset.

      Company nameEmployeesRevenue per employee in $USD
      Nextera Energy Partners LP
      Clearway Energy Inc 304.00 4230263.00
      OGE Energy Corp. 2.19k 1672174.00
      Pinnacle West Capital Corporation 91.00 41800380.00
      NRG Energy Inc 6.64k 4067672.00
      Vistra Corp 5.06k 2386759.00
      NiSource Inc. 7.27k 673762.40
      Evergy Inc 4.93k 1133205.00
      Brookfield Renewable Corp 2.13k 1580751.00
      Alliant Energy Corporation 3.31k 1107456.00
      AES Corp 8.45k 1318462.00
      Avangrid Inc 7.35k 949101.80

      Employees = Number of total employees as found on several public resources.

      Revenue per employee = In general, how much money every employee is generating to the company. The higher is better.


      Advanced stats

      A more in-depth perspective on the companies

      Company nameAsset turnoverTotal debt to capitalReturn on avg assetsNet profit margin
      Nextera Energy Partners LP 0.0623 % 0.3231 % 2.69 43.18 %
      Clearway Energy Inc 0.1099 % 0.7003 % -0.6409 -5.83 %
      OGE Energy Corp. 0.3133 % 0.5513 % 6.32 20.18 %
      Pinnacle West Capital Corporation 0.181 % 0.5499 % 2.85 15.76 %
      NRG Energy Inc 1.42 % 0.6889 % 11.49 8.1 %
      Vistra Corp 0.44 % 0.5694 % -4.61 -10.47 %
      NiSource Inc. 0.2121 % 0.574 % 2.55 12.02 %
      Evergy Inc 0.2008 % 0.5482 % 3.18 15.82 %
      Brookfield Renewable Corp 0.0827 % 0.4876 % 2.28 27.62 %
      Alliant Energy Corporation 0.2024 % 0.5682 % 3.72 18.37 %
      AES Corp 0.3298 % 0.7625 % -2.76 -8.36 %
      Avangrid Inc 0.1804 % 0.2975 % 1.66 9.22 %

      Asset turnover = This ratio of total sales to average assets can offer an understanding to how effectively companies are using their assets to generate sales and make more money. Usually, higher is better.

      Total debt to capital = the D/E Ratio shows the weight of total debt and liabilities against total shareholders’ equity. usually, lowers is better.

      Return on avg assets = The return on average assets is useful in measuring profits against the assets used by a company for generating profits. Usually, higher is better.

      Net profit margin = measures how much net income or profit is generated as a percentage of revenue. Usually, higher is better.


      According to the data above, our analyst bot has ranked these companies

      Ranking companies isn’t an easy task. Much can vary, much can change, no one can predict the future.

      That’s why I, the analyst bot, try to take as many variables as I can (in the algorithmic limitations) and try to use it to value and rank the companies in this report.

      With that being said, I urge you to look at this results in an educational way as this is not meant to be a trading recommendation of any sort.


      In the score metric, it considered lower to be of better performance.

      Company nameScore:Results:

      Nextera Energy Partners LP

      254

      Valued

      Clearway Energy Inc

      211

      Valued

      OGE Energy Corp.

      107

      Under Valued

      Pinnacle West Capital Corporation

      112

      Valued

      NRG Energy Inc

      59

      Under Valued

      Vistra Corp

      84

      Under Valued

      NiSource Inc.

      123

      Valued

      Evergy Inc

      126

      Valued

      Brookfield Renewable Corp

      173

      Valued

      Alliant Energy Corporation

      168

      Valued

      AES Corp

      99

      Under Valued

      Avangrid Inc

      123

      Valued


  • Full in-depth analysis report on stocks: NXPI, KLAC, MRVL, ADI, MU, AMAT

    Hello and welcome to this full in-depth competitor analysis report on NXP Semiconductors NV, KLA Corp, Marvell Technology Inc, Analog Devices Inc., Micron Technology Inc., Applied Materials Inc.

    I am Traders-Paradise.com’s analyst bot.

    Yes, that’s right. Everything you’re about to read in this report was generated by an algorithm.

    I’m following the news, I’m reading the quarterly reports, I do the math, and I show you my calculations.

    All the data shown is real and recent (to the date of this post. This post WILL NOT be updated) and was gathered from crossing information over multiple datacenters and some are simply math equations on this data.

    This data is supposed to help you, the trader, in making smarter trades. That is how my developer uses me.

    At the end of this post you can see my, the analyst bot, assumptions.

    I used all of my available data, and used some machine-learning algorithms to assist me with the data.

    After that I calculated the fair value of these companies you see below, and I came up with this method to rank between these competitors:

    Green = Good business/underpriced. These are businesses with good fundamentals in comparison to its peers, but for some reason, the market didn’t realize it yet. Or there are other problems.

    Orange = Currently valued. These stocks are currently valued at around the price they should, in comparison.

    Note: None of the written below or above isn’t a guarantee for success. Use at your own risk.


    Full in-depth report on competitor companies (peer analysis)


    Ever wanted to analyze Micron Technology Inc. and didn’t know how? Maybe wanted to learn more about Analog Devices Inc. this post will also cover Analog Devices Inc. and their peers.

    This report will walk you through the hard work of analyzing data. In fact, even retrieve data isn’t a simple task. That’s why this analyst is made. To help you, the trader, in gaining access to top-notch accurate and recent data. You cannot find this kind of tables anywhere else. All of the following companies has been recognized as players in the same area field that the other companies in the list play in.

    This data is free. Use on your own discretion.


      Want me to generate a report specially for you?
      
      That's no problem at all!
      
      Submit a company name or its symbol, and I'll generate it for you. 
      
      Typically takes up to few hours.
      I will send you an email when it's ready.
      We do not share your email nor spam you.
      
      
      
      
      
      

      This report will use the public and known data for the companies stated in the following list:

        NXP Semiconductors NV
    • Symbol: NXPI
    • Sector: Information
    • Market Cap: 49.18 BN
    • Symbol: KLAC
    • Sector: Information
    • Market Cap: 56.34 BN
    • Symbol: MRVL
    • Sector: Information
    • Market Cap: 61.90 BN
    • Symbol: ADI
    • Sector: Information
    • Market Cap: 87.12 BN
    • Symbol: MU
    • Sector: Information
    • Market Cap: 88.64 BN
    • Symbol: AMAT
    • Sector: Information
    • Market Cap: 119.97 BN

    • Symbol = The company’s stock symbol.

      Sector = The sector of which the company work in. Most of the time we compare between same sector, but sometime we take for comparison a company from a different sector but close enough bossiness to be able to add for comparison.

      Market Cap = The total value of the company. All the shares available multiplied by the most recent price of its stock.


      Most recent and current stats for each company

      Note that current stats does not update.

      Data Collected = All of the data in this report was collected to this date, and is valid to this date only. Data does not update.

      Price of Last Trade = The last price in $USD this company’s stock has traded.

      Daily Change = The first in $USD change from previous day and the second in actual percentage of the price.

      Short Interest Ratio = The short interest ratio represent the number of shares shorted divided by the stock’s average trading volume. Rule of thumb indicates the the lower the short interest ratio meaning that not many are willing to bet against the stock. But, in some cases, you might see a ‘short-sqeeze’ meaning people are buying the stock hence driving it up while the shorts see their trades lose, forcing them to buy back the stock at a lose and continue the buying circle driving the price much higher.

      Data Collected:Company namePrice of Last TradeDaily Change (in $)Daily Change (in %)Short Interest Ratio:
      Mar 31 NXP Semiconductors N.V. 186.541-0.789(-0.42%) 2.17%
      Mar 31 KLA Corporation 371.155-2.665(-0.71%) 0.97%
      Mar 31 Marvell Technology, Inc. 72.85-0.16(-0.22%) 1.34%
      Mar 31 Analog Devices, Inc. 166.59+0.11(0.07%) 1.79%
      Mar 31 Micron Technology, Inc. 78.05-1.11(-1.4%) 1.03%
      Mar 31 Applied Materials, Inc. 134.2-1.6(-1.18%) 1.26%

      Important fundamentals stats about the companies

      Bottom line: How these companies’ sales and profit preform in comparison to their competitors


      Company nameRevenueNet incomeEPS
      NXP Semiconductors NV 11.06 bn 1.87 bn 6.82
      KLA Corp 8.17 bn 2.99 bn 19.43
      Marvell Technology Inc 4.46 bn -0.42 bn -0.5321
      Analog Devices Inc. 8.44 bn 1.28 bn 3.17
      Micron Technology Inc. 31.17 bn 9.02 bn 7.94
      Applied Materials Inc. 24.17 bn 6.55 bn 7.19

      Revenues = How much money did the company gain in the previous 12 months, according to official statement the company itself gave on its reports.

      Net income = How much they are left with, after all the expenses.

      EPS = Earning per share (EPS) is is calculated as a company’s profit divided by the total outstanding shares. A high EPS indicates that the company is more profitable and has more profits to distribute to shareholders.


      Employees stats

      Employees are both the most expensive part of the total expenses of a company, and at the same time – its most valuable asset.

      Company nameEmployeesRevenue per employee in $USD
      NXP Semiconductors NV 31.00k 356,871.0
      KLA Corp 11.30k 722,629.4
      Marvell Technology Inc 6.73k 663,156.9
      Analog Devices Inc. 24.70k 341,867.3
      Micron Technology Inc. 43.00k 724,860.4
      Applied Materials Inc. 27.00k 895,259.3

      Employees = Number of total employees as found on several public resources.

      Revenue per employee = In general, how much money every employee is generating to the company. The higher is better.


      Advanced stats

      A more in-depth perspective on the companies

      Company nameAsset turnoverTotal debt to capitalReturn on avg assetsNet profit margin
      NXP Semiconductors NV 0.5435 % 0.6096 % 9.37 17.25 %
      KLA Corp 0.7598 % 0.4598 % 27.79 36.57 %
      Marvell Technology Inc 0.2715 % 0.2246 % -2.56 -9.44 %
      Analog Devices Inc. 0.2324 % 0.1432 % 3.53 15.18 %
      Micron Technology Inc. 0.529 % 0.1288 % 15.28 28.88 %
      Applied Materials Inc. 0.992 % 0.3145 % 26.88 27.1 %

      Asset turnover = This ratio of total sales to average assets can offer an understanding to how effectively companies are using their assets to generate sales and make more money. Usually, higher is better.

      Total debt to capital = the D/E Ratio shows the weight of total debt and liabilities against total shareholders’ equity. usually, lowers is better.

      Return on avg assets = The return on average assets is useful in measuring profits against the assets used by a company for generating profits. Usually, higher is better.

      Net profit margin = measures how much net income or profit is generated as a percentage of revenue. Usually, higher is better.


      According to the data above, our analyst bot has ranked these companies

      Ranking companies isn’t an easy task. Much can vary, much can change, no one can predict the future.

      That’s why I, the analyst bot, try to take as many variables as I can (in the algorithmic limitations) and try to use it to value and rank the companies in this report.

      With that being said, I urge you to look at this results in an educational way as this is not meant to be a trading recommendation of any sort.


      In the score metric, it considered lower to be of better performance.

      Company nameScore:Results:

      NXP Semiconductors NV

      96

      Under Valued

      KLA Corp

      107

      Under Valued

      Marvell Technology Inc

      203

      Valued

      Analog Devices Inc.

      153

      Valued

      Micron Technology Inc.

      73

      Under Valued

      Applied Materials Inc.

      95

      Under Valued


    • Full in-depth analysis report on stocks: NOW, INTU, CRM, ADBE, ORCL

      Hello and welcome to this full in-depth competitor analysis report on ServiceNow Inc, Intuit Inc., salesforce.com inc., Adobe Inc, Oracle Corporation

      I am Traders-Paradise.com’s analyst bot.

      Yes, that’s right. Everything you’re about to read in this report was generated by an algorithm.

      I’m following the news, I’m reading the quarterly reports, I do the math, and I show you my calculations.

      All the data shown is real and recent (to the date of this post. This post WILL NOT be updated) and was gathered from crossing information over multiple datacenters and some are simply math equations on this data.

      This data is supposed to help you, the trader, in making smarter trades. That is how my developer uses me.

      At the end of this post you can see my, the analyst bot, assumptions.

      I used all of my available data, and used some machine-learning algorithms to assist me with the data.

      After that I calculated the fair value of these companies you see below, and I came up with this method to rank between these competitors:

      Green = Good business/underpriced. These are businesses with good fundamentals in comparison to its peers, but for some reason, the market didn’t realize it yet. Or there are other problems.

      Orange = Currently valued. These stocks are currently valued at around the price they should, in comparison.

      Note: None of the written below or above isn’t a guarantee for success. Use at your own risk.


      Full in-depth report on competitor companies (peer analysis)


      Ever wanted to analyze salesforce.com inc. and didn’t know how? Maybe wanted to learn more about Oracle Corporation this post will also cover Oracle Corporation and their peers.

      This report will walk you through the hard work of analyzing data. In fact, even retrieve data isn’t a simple task. That’s why this analyst is made. To help you, the trader, in gaining access to top-notch accurate and recent data. You cannot find this kind of tables anywhere else. All of the following companies has been recognized as players in the same area field that the other companies in the list play in.

      This data is free. Use on your own discretion.


        Want me to generate a report specially for you?
        
        That's no problem at all!
        
        Submit a company name or its symbol, and I'll generate it for you. 
        
        Typically takes up to few hours.
        I will send you an email when it's ready.
        We do not share your email nor spam you.
        
        
        
        
        
        

        This report will use the public and known data for the companies stated in the following list:

          ServiceNow Inc
      • Symbol: NOW
      • Sector: Information
      • Market Cap: 114.80 BN
      • Symbol: INTU
      • Sector: Information
      • Market Cap: 133.47 BN
      • Symbol: CRM
      • Sector: Information
      • Market Cap: 212.79 BN
      • Symbol: ADBE
      • Sector: Information
      • Market Cap: 217.01 BN
      • Symbol: ORCL
      • Sector: Information
      • Market Cap: 222.42 BN
      • Symbol = The company’s stock symbol.

        Sector = The sector of which the company work in. Most of the time we compare between same sector, but sometime we take for comparison a company from a different sector but close enough bossiness to be able to add for comparison.

        Market Cap = The total value of the company. All the shares available multiplied by the most recent price of its stock.


        Most recent and current stats for each company

        Note that current stats does not update.

        Data Collected = All of the data in this report was collected to this date, and is valid to this date only. Data does not update.

        Price of Last Trade = The last price in $USD this company’s stock has traded.

        Daily Change = The first in $USD change from previous day and the second in actual percentage of the price.

        Short Interest Ratio = The short interest ratio represent the number of shares shorted divided by the stock’s average trading volume. Rule of thumb indicates the the lower the short interest ratio meaning that not many are willing to bet against the stock. But, in some cases, you might see a ‘short-sqeeze’ meaning people are buying the stock hence driving it up while the shorts see their trades lose, forcing them to buy back the stock at a lose and continue the buying circle driving the price much higher.

        Data Collected:Company namePrice of Last TradeDaily Change (in $)Daily Change (in %)Short Interest Ratio:
        Mar 31 ServiceNow, Inc. 563.495-10.495(-1.83%) 2.51%
        Mar 31 Intuit Inc. 481.98+10.03(2.13%) 0.96%
        Mar 31 Adobe Inc. 460.43+0.37(0.08%) 2.03%
        Mar 31 Oracle Corporation 83.47+0.11(0.13%) 2.33%

        Important fundamentals stats about the companies

        Bottom line: How these companies’ sales and profit preform in comparison to their competitors


        Company nameRevenueNet incomeEPS
        ServiceNow Inc 5.9 bn 0.23 bn 1.13
        Intuit Inc. 11.41 bn 2.17 bn 7.84
        salesforce.com inc. 26.49 bn 1.44 bn 1.5
        Adobe Inc 16.14 bn 4.83 bn 10.07
        Oracle Corporation 41.83 bn 7.56 bn 2.61

        Revenues = How much money did the company gain in the previous 12 months, according to official statement the company itself gave on its reports.

        Net income = How much they are left with, after all the expenses.

        EPS = Earning per share (EPS) is is calculated as a company’s profit divided by the total outstanding shares. A high EPS indicates that the company is more profitable and has more profits to distribute to shareholders.


        Employees stats

        Employees are both the most expensive part of the total expenses of a company, and at the same time – its most valuable asset.

        Company nameEmployeesRevenue per employee in $USD
        ServiceNow Inc 16.88k 349,209.2
        Intuit Inc. 13.50k 845,481.5
        salesforce.com inc. 73.54k 360,234.4
        Adobe Inc 25.99k 621,132.8
        Oracle Corporation 132.00k 316,878.8

        Employees = Number of total employees as found on several public resources.

        Revenue per employee = In general, how much money every employee is generating to the company. The higher is better.


        Advanced stats

        A more in-depth perspective on the companies

        Company nameAsset turnoverTotal debt to capitalReturn on avg assetsNet profit margin
        ServiceNow Inc 0.6042 % 0.299 % 2.36 3.9 %
        Intuit Inc. 0.5581 % 0.3015 % 10.62 19.03 %
        salesforce.com inc. 0.328 % 0.1541 % 1.79 5.45 %
        Adobe Inc 0.6335 % 0.2305 % 18.94 29.9 %
        Oracle Corporation 0.3689 % 1.12 % 6.67 18.08 %

        Asset turnover = This ratio of total sales to average assets can offer an understanding to how effectively companies are using their assets to generate sales and make more money. Usually, higher is better.

        Total debt to capital = the D/E Ratio shows the weight of total debt and liabilities against total shareholders’ equity. usually, lowers is better.

        Return on avg assets = The return on average assets is useful in measuring profits against the assets used by a company for generating profits. Usually, higher is better.

        Net profit margin = measures how much net income or profit is generated as a percentage of revenue. Usually, higher is better.


        According to the data above, our analyst bot has ranked these companies

        Ranking companies isn’t an easy task. Much can vary, much can change, no one can predict the future.

        That’s why I, the analyst bot, try to take as many variables as I can (in the algorithmic limitations) and try to use it to value and rank the companies in this report.

        With that being said, I urge you to look at this results in an educational way as this is not meant to be a trading recommendation of any sort.


        In the score metric, it considered lower to be of better performance.

        Company nameScore:Results:

        ServiceNow Inc

        167

        Valued

        Intuit Inc.

        114

        Valued

        salesforce.com inc.

        101

        Under Valued

        Adobe Inc

        117

        Valued

        Oracle Corporation

        78

        Under Valued


      • What is the Pareto Principle in investing

        What is the Pareto Principle in investing

        The Pareto Principle is one of the world’s most popular theories for management. In particular, it’s pointed out that 20 percent of the actions are the impact of a circumstance in most cases.
        In some companies, for example, a majority of sales are generated by a few customers. The Pareto principle is currently used in stock and financial markets, also known as the 80/20 or 80-20 rule.

        • According to the 80-20 rule, 80% of outcomes (outputs) are the result of 20% of causes (inputs).
        • The 80-20 rule states that you should focus on the 20% of things that will create the best results.
        • The 80-20 rule states that an entity’s best assets should be identified and used efficiently to maximize value.
        • This “rule” is more of a guiding principle than a hard-and-fast mathematical rule.

        In the trading industry, the 80-20 rule is often used. You might find that trading a particular currency pair or stock yields the maximum returns for you as a trader. Trading firms may discover that 20% of their traders generate the majority of their income.
        Similarly, businesses may find that trading a certain asset type, such as stocks or cryptocurrencies, generates the majority of their revenue.
        The 80-20 guideline can be used to trading days or seasons. For example, you might find that the morning sessions or the first part of the year provide 80% of your income.

        It’s important to note that 80-20 is only a starting point. It’s possible to modify the ratio to 70-30 or 60-40.

        In company management, the 80-20 rule has proven to be useful. 20% of a company’s clients account for 80% of sales. In addition, 20% of the workforce is responsible for 80% of the outcomes. Many managers have observed that the first 20% of a project’s effort delivers 80% of the project’s results. As a result, the 80-20 rule can assist managers and business owners in focusing 80% of their time on the 20% of their firm that produces the best outcomes.

        The 80-20 rule in investing states that 20% of a portfolio’s holdings account for 80% of its growth. On the other hand, 20% of a portfolio’s assets may be responsible for 20% of the portfolio’s losses.

        In finance, when does the 80/20 rule come into play?

        In the corporate world, this idea has been used to assess and improve management (when 20% of workers create 80% of outcomes), sales tactics (20% of clients generate 80% of revenues), and operations (80 percent of product defects come from 20 percent of production problems).
        The 80/20 rule is frequently used to assist budgeting in personal finance. It instructs people to deposit 20% of their monthly income into savings, whether in a typical savings account, a brokerage or retirement account, to ensure that they have adequate money set aside in case of financial trouble, and to spend the remaining 80%. In investing, it’s been discovered that 20% of a portfolio’s assets account for 80% of its growth. On the other hand, 80 percent of investment losses may be traced back to 20 percent of assets. However, due of the volatile nature of the stock market, this rule is frequently used to assess past purchases rather than to direct future ones.

        Pareto rule is not an actual math law

        The 80/20 rule is neither a rigid or precise mathematical formula, and it is based on anecdotal data rather than scientific research. The fact that the two figures sum up to 100 percent is just coincidental, and the inputs (80%) and outputs (20%) are simply designed to symbolize distinct units rather than be used to guide exact computations.

        Examples to Pareto Principal:

        80 percent of traffic comes from 20% of posts.
        The Pareto 80/20 rule may be used by content marketers to assess the most productive postings. Find out what they have in common and try to incorporate them into your future content efforts.

        Additionally, with the remaining 80%, strive to optimize them by adapting them to the 20% that are successful.

        80 percent of the program’s functionality is accounted for by 20% of software development efforts.
        Programming hours are costly, and understanding the Pareto 80/20 rule may be a deciding factor in the development of new software, allowing the production of a best-practices handbook and a database of successful projects to reference.

        How to apply 80 / 20 principal to my portfolio

        Despite the fact that the 80/20 rule has a wide range of applications, investing professionals advise against using it to create a portfolio.

        When people put 80 percent of their money into safer assets like savings bonds and the remaining 20% into riskier growth equities, the 80/20 rule may be utilized to successfully manage risk. The 80/20 rule, on the other hand, should not be used to try to hand-pick stocks that can possibly generate 80% of your profits.

        The monetary takeaway

        The 80/20 rule states that the majority (80% ) of a situation’s or process’s outcomes arise from only a few (20%) of its causes. Although this rule may be used in a variety of situations, financial professionals warn against utilizing it to make portfolio decisions.

        Rather of trying to design a portfolio where a few assets shine, it’s better to set clear, quantifiable investing goals and protect yourself with a diverse portfolio.

      • Golden rules for fast money and easy earnings

        Golden rules for fast money and easy earnings

        Golden rules for fast money and easy earnings are mostly what young people want to succeed in the business world. They are attracted with exchanges, money are invested in shares.

        However, there are many curves, curvatures, spirals and twists that, and if you don’t know how to avoid them, your trip to the stock market can be very short-lived.
        What are the golden rules for investing in the stock market, which should be known primarily to beginners in this business, but also to more experienced stock traders?

        Create a trading portfolio

        You can do this in a simple way. There are many free portfolio managers on the Internet, so use some of them to make a free account (click here for free demo account).
        Create a fictitious portfolio in which you would potentially invest and monitor the situation for a while, a minimum of one month. This will give you the best insight into market volatility.
        Before you take the first step, the goal is to create a profitable fictitious portfolio as an investor on the stock market. This is one of the golden rules.

        How to build a portfolio

         Read business magazines

        In order to successfully start investing in the stock market, you need to be aware of the world’s stock market and what are the social events that affect the rise or fall the price of shares. There are many respectable business magazines dealing with this topic (Forbes, The Economist, Kiplinger’s are some of the most famous ones). Follow the events in the global economy and finance and you will be able to swim more easily in the very turbulent waters of the stock market.

        Buy stock from a field you know well

        Before investing money into something, you should understand the business the company is dealing with. The first stock you will buy on the stock market should be from the sector you understand and it is familiar to you. For example, if you know the banking sector, try to explore the market and find a bank whose stocks are good and worth investing. Never invest in the action itself, but in the company.

        Investing fields

        Have realistic expectations

        There may be a problem if your financial goals are based on unrealistic presumption.
        Try to be realistic in your ambitions and goals. In this way, there are fewer chances to lose money or be disappointed in your stock market business.

        Do your own research

        You will hear from people who are dealing with the stock exchange that they have bought some stocks because the same was done by their friend or a family member who understands this business.
        Accept everything with reserve. Before buying a stock, do research.

        If some stocks brought in earnings in the past doesn’t necessarily mean that this trend will continue.
        Always believe more in yourself than other people’s estimation.

        how to research and choose a stock to trade

        Stock exchange is NOT a money making machine

        Most of those who want to participate stock market, have an unrealistic desire to double or triple investment in a short time frame.
        If you are one of them, then that’s not a job for you.
        For those who want to invest, 10% to 12% of the earnings for a long period is quite a good investment. You need to realize that you are just a small fish in a big lake and that your success depends on many factors.
        Follow the clues and make conclusions.

        3 or 4 good stocks are enough

        Don’t overplay, especially because you are a beginner in this business.
        More than 10 stocks are a good portfolio, but for investment funds.
        It is true that they make more profit, but if you make a smart and wise decision you will earn enough money.

        Don’t try to predict the stock price

        Not even the biggest billionaires and owners of the largest multinational companies in the world are doing this.
        No one is able to predict, at least for a longer period, several stock market cycles.
        Ability to guess the moment when the stock will have the highest value is still a myth. Even for those who have an insight into the business of some companies.
        Therefore, for successful business and investing in the stock market, you need to acquire certain knowledge and skills.
        Although, there are some artificial intelligence computer software that might not predict per-se, but behave and act faster and more accurate way than a human being.

        According to the research, the risk of investing in the stock exchange is most often taken over by young people who have just finished college.
        But, like in every other business, the experience you get, will help you be wiser in making decisions in the future.

        That’s how it works!

      • When Personal Loans Are Bad For You?

        When Personal Loans Are Bad For You?

        When Personal Loans Are Bad For You?
        Personal loans are excellent products when you need cash instantly but sometimes it isn’t the best choice. 

        By Guy Avtalyon

        You don’t think that such a situation is possible when personal loans are bad? Well, they can be. It is an old wisdom that banks approve loans only to people who do not need them. It is wisdom older than money-lending is as a business and a very wrong one. Banks approve loans only to people and companies they judge to be able to return them. But every person should also judge the fact that if you are able to return a loan doesn’t necessarily mean you should get one. 

        What Are Personal Loans?

        In short, a personal loan is an installment loan that is not with a specific purpose. They are almost always unsecured, which means that when you take it you do not use some collateral against it. In other words, you do not guarantee with some property or belonging that it will be returned in full. Their term usually runs between 12 and 84 months, depending on the lender, and can usually be worth between $1,500 and $100,000. As with all other forms of borrowing, there is some annualized interest rate you need to pay on top of the borrowed amount. How much it is, depends mostly on the lender’s judgment of your creditworthiness. In other words, the lender’s opinion how likely you are to return it in full. If the lender sees you as very likely to pay it back you will get offered very low interest-rates and vice versa.

        What Are Personal Loans For?

        Personal loans are most often used in cases of unplanned need for cash and for debt consolidation. In life, things happen, and people find themself in a financial emergency. In a situation when you need cash injection very quickly they can be an excellent solution. Also, over the years the interest of various credit cards and credit lines can accumulate, and you can stumble upon a personal loan offer with much smaller interest rates. So, it may be a prudent move to consolidate all of your debts into one, and also decrease both your monthly payment rate and annual interest rate.

        When Personal Loans Are Bad?

        Personal loans are very versatile and can come very handy in some situations. But in some situations, they can be a bad solution, or even create more problems for you. So, here is when personal loans are bad for everyone. 

        Spending on wants instead of needs

        Maslow’s Theory of Human Motivation concludes that, for good mental health, a person first must satisfy needs and then wants. For your personal financial health, the same principle applies. Spending money on vacations, gadgets, and other unessential things while you have other essential things to worry about is not a smart thing to do. Taking a personal loan for such wants even doubly so. Pampering to oneself is good for any person, but it must not be done at the expense. And a piece of sound advice for borrowing is that the debt for something should never outlive that very thing.

        They are unfavorable

        Another situation when personal loans are bad.

        Because personal loans are usually unsecured, they can come with some financial drawbacks. First, and the most obvious, one is the high interest. Generally speaking, it can range from 5% to 35% per year, depending on the lender and your personal creditworthiness. Thus it is very important that you shop for the best possible rates, but also take into consideration some other financing offers, such as home equity credit lines, that could be more affordable for you.

        Many lenders do charge so-called “prepayment penalties”. It’s a fee you can be charged for paying off your loan earlier. And if you feel confident that at some point in the future you might be able and willing to pay it off, you must be careful to take into account this potential fee. Especially if you are comparing various offers. And to be aware that the higher the loaned amount, the higher this fee can be. And sometimes it can be a considerable amount.

        Some lenders also charge a so-called “origination fee”, which can be between 1% and 6%. It is often either calculated into monthly payments or take out of the loan amount. But either way, it increases your expenses of borrowing. And for short term loans, it can be a substantial increase compared to some other options.

        Fixed monthly payments and term do not suit you

        For various people, for various reasons, fixed monthly payments can be unfavorable. If you have incomes that vary from month to month, or you are used to monthly minimum fees, the fixed monthly rate might be a financial pitfall of a sort for you. If you miss a payment or two, the lender could sue you for the outstanding debt. That could bring considerable financial hardship. The main characteristic of personal loans is the fixed monthly rate, and you must keep this in mind when shopping for borrowing options. If you are not 100% certain that through the whole term of the loan you can pay that amount, it might not be the best option for you.

        Also, the term of the loan is fixed. And this inflexibility can be a hurdle if you unexpectedly find yourself in a bit of financial hardship. You will not be able to decrease the monthly rate by extending the term of the loan. This is exactly the situation when personal loans are bad for you.

        Investing

        Personal loans should never be used for investments. Borrowing money is not a sound idea, because no investment is a sure thing. No matter how safe investment might seem, things can go south in a blink of an eye. And any investment is exposing yourself to financial losses. Borrowing for such is just a doubling of financial risk. You should always invest only money you can afford to lose.

        You are not disciplined

        Personal loans are often used for consolidating existing debts. Various credit card loans and balances can seemingly be wiped off with a single personal loan. But they don’t actually disappear. They are still there but in the form of a single consolidated monthly payment. And if you are unable to prevent yourself from again racking up unsustainable credit card balances, it might be a more sound decision to continue to limp along the way. But first and foremost, you should be honest with yourself. If the credit card is burning a hole in your pocket, you should think carefully about what is better for you in the long run, before your debts spiral out of control.

        Bottom line

        Personal loans are an excellent option when you need cash and need it quickly. But in some situations, they are not the best option available for you or your needs. There could be some more affordable options and even some which give you more flexibility to cover your needs.

      • Online Lenders Frauds – How To Recognize Them

        Online Lenders Frauds – How To Recognize Them

        Online Lenders Frauds - How To Recognize Them
        One-third of American adults have been faced an attempted fraud in recent years

        By Guy Avtalyon


        Any business that involves considerable amounts of money
        quickly exchanging hands is a fertile ground for scams and frauds and the same comes to online lenders frauds. Scammers always look for a chance to quickly make a buck with the least possible effort. And the lending industry is rife with scammers who fraudulently take out the loans. But such does not present an overt danger for people looking for loans. Big banks and financial institutions employ artificial intelligence and machine learning to fight against these types of frauds. But, a common consumer of the lending industry’s products has to be aware of a potential scam coming from the other side, fraudulent lenders.

        How widespread are scams?

        Seemingly with every day, a new type of financial product comes to market. And each of them presents a scammer with an opportunity for at least a couple of different scams. And you can be certain that there are some very creative fraudsters out there. In the lending industry, just due to the wealth of different products there is a wealth of different scams.

        Many studies and reports indicate that about one-third of American adults have faced an attempted fraud in recent years. While scammers do not practice ageism, millennials do seem to be the hardest hit of all age groups. The FTC’s study conducted in 2017 based on the filed consumer complaints show that almost 40% of millennials have suffered financial losses due to fraud. While these findings are based only on people who filed a fraud complaint, it is quite higher than 18% among people of 70 or more years of age. While this study doesn’t give any definitive conclusions, it does paint a picture of people in their 20’s not being fully cognizant of the potential dangers on the financial markets.

        How to avoid online lenders frauds

        Fraudsters always prey on vulnerable people, and in the loans industry, it is people who desperately need money. The best way to protect yourself from a scam is to arm yourself with knowledge. Especially on how scammers will try to defraud you. While searching for an online lender that offers a product that suits your needs, you have rather slim chances to stumble upon a scammer. But, as in any other area of life knowledge is power and there is no safety in ignorance. Scammers will come hunting actively for their victims. And the only sure way to protect yourself is by knowing how to recognize a scam.

        How to recognize an online lenders scam

        In the majority of scams involving loans consumers are not targets for direct financial gains, but online lenders and similar financial institutions. Consumers are more often just a tool in the scammers’ arsenal. First and foremost as a source of a legitimate identity for fraudulently obtaining a loan. And that is the first precaution a person must have on their mind, how to protect their own personal information from identity theft. Scammers often try to obtain genuine personal information, personal documents, addresses, and social security numbers; and then use them for applying for personal loans from online lenders. 

        By stealing the identity of a person they can fraudulently obtain a loan, which then often a victim of the identity theft will have to repay. Such identity thefts are often done by simple phishing methods. Usually by sending forged emails with requests to resubmit your documents to your bank or such. 

        Who has the right to ask you?

        While banks and many other institutions have a legitimate right to ask you to provide such information, they will not ask you by email to resubmit them. Most certainly not because “the fire in the office building in Delaware has destroyed your personal file” as claimed by an email in my Spam folder I got from [email protected]. And that’s another way how they mislead victims into giving them sensitive personal information. They send mass emails from slightly misspelled domains. And they don’t know whether you have an account at some bank or not. They will just send you the email because they have found your address among many they have purchased someplace. And you need to be very careful when reading these kinds of emails. 

        When I got the said email, I spent hours wondering why I got it when I’m not a Bank of America customer, before I’ve noticed that I’ve got an email from the Bank af Omerica. A friend of mine got an email from the Bank of Ameirca around the same time.

        This is how scammers will try to dupe an Average Joe to provide them the ability to scam online lenders. And they do have tools in their arsenal they will use to try to defraud you personally by offering you fake loans. And here is a list of common red flags that some loan offers might be a scam.

        Unsolicited loan offer

        Whether by phone, email, or social networks a potential scammer might try to contact you and present you with a loan offer. This could be a legitimate offer. But, the legitimate offer will contain a way to contact back the company which is making the offer, a phone number, or website address. A scammer will continue to communicate with you in the same manner. Legitimate offers are always automated and replying to them will have no results. While scammers will be actively waiting for your reply. Just ask yourself, have you ever met a person who called some customer service and got a living person in less than 15-20 minutes? Scammers reply after 15-20 seconds. With such quick and polite responsiveness they aim to build up your confidence in them and provide them with personal information or money.

        No interest in your payments history/credit score

        While many legitimate online lenders offer bad credit loans, no reputable lender will neglect to do a proper check of your ability to pay back the loan. The payment history or credit score is just two of the factors they might take into account. The difference is that they will not take into account just them. Legitimate online lenders might ask you to provide the employment/income information, education, and such which they use to calculate the risk of offering you a loan. Scammers will never, as they don’t need it.

        Online lenders are not registered in your state

        Per the Federal Trade Commission’s regulations loan brokers and lenders must be registered in states in which they offer services to residents. And you must check the lender’s website for the list of the eligible states. You can also find the lists of registered lenders on the web pages of your state’s Department of Financial Regulations or Banking. And this is the easiest way to recognize fraud. Scammers cannot be found in the official registration databases.

        Their website is not secure

        Online lenders do care about the potential frauds and scammers who impersonate them. The simplest way they protect their own cyberspace identity is by employing SSL certificates for their domains. While these are first and foremost used for securing safe communication with their websites, they incidentally provide proof of authenticity of their websites. Such SSL certificate protected internet domains are easy to recognize, they start with https:// and on many internet browsers there will be a padlock before the address. When you see both of these two you can be certain that it is a web page of a legitimate company. The absence is not proof that it is a scammer, but the presence is proof it is not a scammer.

        No physical address

        Even purely online lenders do have physical addresses. They might conduct their operations only in cyberspace, but their employees still need to sit in some offices. Scammers don’t need them. Sometimes they do provide them, but a quick search of such will lead you to some empty land or a shabby looking shed in the middle of nowhere. Sometimes they will advertise with a P.O. box, which shouldn’t fill you with confidence about their legitimacy.

        The pressure to act quickly

        Scammers will always push you to accept their offer today, this very moment. They are in the hurry to close the deal before you realize what is going on. Legitimate online lenders have time to wait. Even if they impose some time limit for accepting their offer it could be a few weeks, not days or hours. Only scammers will try to push you into quickly accepting their offer.

        Payments before approval

        This is one of the tricks a scammer might try to employ which is similar to the Nigerian Prince fraud. Scammers, in this situation, are only interested in collecting such “fees”. While it might be some small amounts of $15-20, no legitimate lender will ask you for something like this. Online lenders or brick and mortar banks, it doesn’t matter, all of them, if they are legitimate companies, will deduct the fees from your loaned amount or include them in monthly payments.

        How to protect yourself from online lenders scam

        Getting a loan from an online lender is like crossing a street at a crossing. It is generally safe but has certain dangers if you are not looking both ways. There are just three things you should do to fully protect yourself from fraud. And two of them are things you should be doing already anyway, as a way to safeguard yourself from any type of fraud or dishonest business.
        Never resubmit sensitive personal information, unless you can independently establish that it is a legitimate request for confirming your identity.
        You should never pay fees in advance.
        Finally, never accept loan offers for which you have less than a week to decide.

      • The Benefits of Online Borrowing

        The Benefits of Online Borrowing

        The Benefits of Online Borrowing
        When examining for online loans, you’ll find lots of offers for loans that are basically payday loans. Avoid them.

        By Guy Avtalyon

        Online banking is broadly used and more and more people are accepting online loans as safe and convenient with the understanding that the benefits of online borrowing are numerous. Some lenders are quite good and trusty. The procedure is similar to getting a loan wherever but more comfortable. The whole process will take just a few minutes after you provide all the info that the lender may ask. Usually, it is your address and social security number. Some lenders may ask for more information about you, for example, what is your job, position, expenses, income. You can find a lot of online lenders out there and you can easily pick some the most suitable for you since online loans are safe and convenient. 

        The benefits of online borrowing 

        The last generation of online lenders is dedicated to making borrowing easy and fast. One of the benefits of online borrowing is that you can avoid the whole long-lasting process with traditional lenders and banks. In several minutes you’ll get the information about whether you get approved or not for the loan. That’s a very important feature when you are in an urge to get cash quickly. 

        Also, one of the benefits of online borrowing is that the lender will tell you how much exactly you can borrow, everything about your payments, etc. That is something that most traditional banks can’t do even if you apply online. 

        Banks will need time to give you the answer, that has to pass several reviews and some internal procedures. So if you are in a hurry to get the cash they might not be so suitable for everyone. Also, one of the very important things, but we rarely think about it when we are in a rush – the interest rates. Online lenders will offer lower interest rates but also, smaller fees if there is any. That’s because online lenders don’t have some expenses that traditional banks have.

        Better approval chances

        What are the additional benefits of online borrowing, also? For example, if you have bad credit and traditional lenders will pay more attention to it. If so, you’ll have better approval chances with online lenders. They will approve a loan even if your credit score is lower because they’ll take into consideration some other criteria when deciding to give you a loan. For instance, how regularly you are paying utilities, what is the ratio of debt to income, etc. 

        As it is with most of the personal loans, online loans are unsecured. That can be one of the most important benefits of online borrowing. Let’s say you fail to repay this kind of loan, it may happen due to many reasons and not always intentionally. In such a case your credit score will fall for sure, but any of your assets won’t be taken from you and you’ll not experience the foreclosure.

        The internet makes it easier

        Well, applying for getting an online loan isn’t quite the same as you are ordering food online. Some risks are higher when you apply for an online loan. When applying for it, they will ask you for sensitive personal information. The problem is that you have to provide them to someone you don’t know and can’t see but you have to talk about a nearly large amount of money. Anyway, a large amount for your criteria. Yes, the internet makes it easier and the benefits of online borrowing are obvious for you but still you have to know who you’re dealing with. So you have to be sure you’re dealing with a legitimate lender. 

        The risks when borrowing money online

        The first is that you might have contact with the fake lenders and you could lose your money without getting a loan. We are pretty sure you have been reading about these scammers that leave people without money. Also, some of them will take from you more in fees and interest even if they promised it will be less.

        Maybe one of the most dangerous risks is identity theft. It can happen that you’re dealing with a website that doesn’t protect your personal info properly. Maybe they don’t want to steal your identity but your personal information may be available to the third party who can misuse your security number, address, or similar.

        How to pick the right lender with the benefits of online borrowing

        By picking a legitimate and trustworthy lender you’ll avoid a lot of problems. You should research lenders. Read both positive and negative analyses. The internet is great but at the same time a strange thing. Not all the truth is out there, so you’ll have to make the selection to whom to trust. The best source is a recommendation from someone you can trust. Never base your opinion on reviews written by employees. They are paid to write the best or some of them lost the job there and now are pissed-off. So, their reviews can’t be honest. Avoid that. 

        Always check for complaints with the U.S. Consumer Financial Protection Bureau (CFPB). CFPB holds a database of complaints and responses from the lenders. The better your source, the less likely you are to find yourself in a problem and you’ll be able to enjoy the benefits of online borrowing.

        Online lenders are rising

        About a month ago we read an article in The Guardian. Excellent as always and very dedicated to this pandemic situation and the role of online lenders. We fully recommend reading it HERE.

        But in short, the article is about online lending and how online lenders plan to satisfy customers’ requirements during and after the newest COVID-19 pandemic. This is an important issue especially after big banks “have dropped the ball.”

        The characteristics of online lenders

        Online lenders are non-traditional and unconventional. They will rarely have some other financial products except loans. So we can say they are focused on one or two types of loans. Online lenders will not offer credit cards, savings accounts, or checking. 

        In their early days, lenders were peer-to-peer services. Their business models were alike to online shopping. Everyone could apply for a loan and anybody could offer to give a loan. The lenders would choose the interest rate that they expected to get. The competition was great so the loans were given at the lowest interest rates. 

        Today, the system has changed and become more complicated. If you really want to avoid banks, check deeply because some of the biggest sharks stand behind leading lenders.

        Bottom line

        The benefits of online borrowing are various. You’ll need less time to apply, you can overcome a bad credit score, the loan will be approved in a few minutes. The additional benefits of online borrowing are that you don’t need to go anywhere. You may apply from your home, your phone walking on the street or sitting in the restaurant. But, if you want to pick the best for your needs, you’ll need to shop around and search for the most suitable. While doing so, avoid scammers even if you think they have the best offer and cannot steal your personal data, be careful. Also, avoid payday loans. If you are not sure which online lender to choose maybe you should try with some bank. You will not get the best option but the safest for sure.

      • Is Payday Loan Riskier Than Other Loans?

        Is Payday Loan Riskier Than Other Loans?

        Is Payday Loan Riskier Than Other Loans?
        A payday loan carries high interest but doesn’t demand collateral. It is a type of unsecured personal loan. 

        By Gorica Gligorijevic

        Personal loans and payday loans are among the most popular debt products, one is riskier, so is payday loan riskier than a personal loan, for example? There are some things you have to know before deciding which one to take.

        How does a payday loan work?  

        Payday loans are short-term loans and unsecured. You find them under names the check loans and cash advance. The borrower can get fast and easy access to between $300 and $1.000 in cash. If you take this kind of loans you’ll be obliged to pay it back with a high-interest rate. 

        A payday loan is high-cost, and you’ll have to repay it with your next paycheck. To get a payday loan you’ll need to give a confirmation of your income to the lender. Also, the lender will check your account. The good thing with payday loans is that you’ll receive the cash in less than half of an hour, or if you applied online it will be available in less than 24 hours.

        In exchange, the lender will demand some guarantees, for example, the lender will ask you to sign a permission to withdraw money directly from your bank account. Such will do it after your next payday,  usually two weeks or one month later.

        If you made an appointment at a store, and you take a payday loan there, the lender will tell you when to come again and repay. It can happen that you miss the appointment and the lender will withdraw that amount from your bank account using the permission you gave it or by running your check if you deposited it. The amount will be increased by interest.

        Online lenders will launch automated withdrawal.

        Is payday loan riskier than personal loans?

        Payday loans are useful but that help comes with more cost. The charges can vary from 15% to 30% of the amount you want to borrow. Expressed in annual percentage rate (APR) on the loan it easily can be the triple-digit number. No matter if you have that loan for, let’s say, two weeks, you’ll have to pay much higher interest than it would be for a personal loan. 

        Payday loans are risky and they are chosen by borrowers who may not have cash or other alternatives easily available. 

        Maybe one of the most dangerous situations with payday loans is to fall into a series of repeatedly extending the loan. If you find yourself in such a situation you could end up unable to repay it. For example, if you cannot repay this kind of loan on payday, you may ask to extend the loan repayment period.

        And what will happen? You’ll continue to spend the money you borrowed, but interest rates and other fees will continue to accumulate more and more. At some point in time, you’ll find yourself unable to repay it. You’ll enter a vicious cycle, which is a very dangerous situation because there is no limit on how many times you can get a payday loan.

        With personal loans, you don’t have such a situation. Can you see now why do we have the question in the title of this article: Is payday loan riskier than a personal loan? 

        How much you’ll have to repay for it?

        The federal Consumer Financial Protection Bureau made research that showed that the costs of payday loans are $15 for every $100 borrowed. It isn’t a cheap loan, you have to understand. For example, if you take a payday loan for two weeks you’ll need to pay over 390% of the annual percentage rate.

        More expensive will be with online payday lenders. They usually charge higher rates, their median payday loan cost is almost $24 per every $100 borrowed, according to the federal Consumer Financial Protection Bureau. That means an APR is over 610%.

        Moreover, if you miss repaying the loan in full, you’ll be faced with additional finance charges and the whole cycle will repeat. Several months later, you’ll have more interest to pay, more than the initial loan value was. 

        Is payday loan riskier than a personal loan? 

        Of course, it is. The real danger is to fall into a cycle of debt. It could cost you a lot to get out.

        The amount you can borrow differs by state’s laws. The states that allow payday loans top the amounts between $300 and $1,000. Here are details for the US residents.

        What will you need to apply for this loan?

        To apply for a payday loan you’ll need a bank account, some ID, and proof of regular income, such as a pay stub, for example. And, of course, you have to be over 18. Even you have all of this, you can be rejected. Here are the possible reasons. For example, your income can be insufficient since the lenders regularly expect at least $500 net income per month. Also, you could be rejected due to the state’s regulations like lows that can limit how much of the income is allowed to spend. Lenders will calculate the possible risk if you cannot repay on time.

        Also, if you have some other loans can be a problem, for example, an outstanding loan. Lenders will know that even if you don’t want them to know because they use the services for tracking loans in real-time. The other reason to be rejected when applying for a payday loan could be if you have recently bounced checks or bankruptcy. Even if you are not employed long enough or you opened a bank account recently, you can be rejected. And one important thing, if you are an active member of the military, you’ll be faced with limitations. Federal law restricts payday lenders at more than 36% APR to active-duty military. Some lenders will eliminate you as a customer.

        A better solution than a payday loan

        Instead, try to create a budget sufficient for your expenses. Avoid needless expenses and focus on your emergency savings fund that you can use when you are short in cash. 

        Building savings will take you time, that’s true. Also, there are other ways to cover an insufficient amount of money. You may ask to be paid ahead of your paycheck. Or maybe your employer has some kind of emergency fund for employees that is without additional fees. 

        One of the possibilities is Payday Alternative Loans or PALs. That could be suitable even if you have a bad credit score. This method is commonly financed by local communities or could be some online loan. In other words, a payday loan should be the last option. Maybe it is hard to believe, but a pawnshop loan is more favorable than a payday loan. You can get cash for your jewelry or other things of value. The worst thing you may experience is to stay without your value things if you don’t pay on time. Anyway, it is a better option than getting an unsecured payday loan. At least you won’t be caught in extreme fees that could drive you to a risky debt cycle. Is payday loan riskier? In short, yes. And it’s riskier than other types of loans.

      • Good Reasons to Take a Loan – Make a Difference

        Good Reasons to Take a Loan – Make a Difference

        Good Reasons to Take a Loan
        Everyone can find good reasons to take a personal loan, but keep in mind that no matter the situation, it must be paid back finally. 

        By Guy Avtalyon

        The personal loan is borrowed money but what are good reasons to take a loan? Where are you gonna spend that money? Would you like to make some large purchases, ease financial difficulties, or to remodel your home?

        You have to pay back this loan in monthly portions typically for the next two to six years. Yes, typically, but it might require more time to pay back it all. It depends on your financial situation and how careful you are with that financial obligation.

        Maybe it may look silly to take out a personal loan for, for instance, personal reasons, but it can be very useful in some cases. Of course, when used and paid back on time.

        Good reasons to take a loan are numerous, but it isn’t a solution for every financial situation. Usually, people take out a loan to solve improper money management. 

        One of the good reasons to take a loan can be if you have credit card debt with high-interest rates. That can be a difficult and very serious problem. The more interest you owe, your payments will be higher, and you’ll need more time to be debt-free.

        The variety of good reasons to take a loan

        As we said, if you have credit card debt and the interest rate is high it is smart to take a loan, of course, if you are qualified, so you could pay off your debt faster since the personal loan is with a lower interest rate. Hence, you’ll spend less money on that obligation. For example, a bad reason to take out a loan is to invest in the stock market. If you want to do that it is smarter to save and then invest.

        If you think that good reasons to take a loan can be your vacation or wedding, we are so sorry but you couldn’t be more wrong. 

        To consolidate debt it is a smart decision

        Actually, it is one of the most common good reasons to take a loan. For example, if you have various loans or credit cards and they all have different interest rates and balances. It might look like open doors to the trouble. To cover them all or a bigger part of them could be one of the good reasons to take a loan.

        When you take a loan and if you use it for debt consolidation, you’ll connect all of those balances into just one monthly payment. By this, the connecting of all debts will make it easier to pay off and you’ll avoid getting overwhelmed.

        A personal loan is at lower interest rates which will reduce the amount of interest you pay and the time to pay off your debt. Consolidation allows you to pay off credit cards with a clear end and shorter time frame.

        If you need money for moving expenses 

        That is one of the good reasons to take a loan if you have to relocate over a long-distance move. Costs could be very expensive on such an occasion. Yes, expensive enough to take a loan.

        A loan can help you move your furniture or other household things. But also, it can help you to buy new furniture for your new home, to pay for the service to transfer your car to another country or something similar. But before even asking for a loan, think will your income be able to cover the pay off your loan balance. This estimation will help you bypass the added burden of paying off your loan when starting a new life in a new place.

        When you have to remodel your home

        Home remodeling is also one of the good reasons to take a loan. Doesn’t matter if you need a new roof, solar panels, a new kitchen, or a swimming pool, it is smarter to take a loan for that to finish. Especially if you don’t have ownership of your home or you want to avoid a mortgage on the home you own. 

        When taking a loan for home remodeling there is no limitation on what you’ll spend the fund on. You can spend on landscaping or hardscaping, hot tub, new windows, paint the whole house, install the new heat infrastructure. There are no limitations. A personal loan is great to help in such situations when you don’t have the cash on hand right now but you’re in need.

        Instead of a payday loan

        If you’re suffering financial difficulties, you may be motivated to take out a payday loan. Be careful, payday loans are expensive and can put you in much worse situations than you were before. Therefore, a personal loan is a better solution.

        Payday loans are easy to get, but they have big risks. For example, interest rates are enormously high,  some lenders will charge you more than 500% in APR.

        Most US states have usury regulations, for instance, that limit the lenders to charge the interest of over 35%. But, payday lenders are allowed to charge their high-interest rates. Regulations on this kind of loan are controlled by the states and some states even forbid any kind of payday loans.

        For example, in California, a payday lender is allowed to charge a 14-day APR of 459% for a loan of $100. Fees on these loans are also high, they can range up to almost $18 per each $100 of loan. So, the better choice is to take a personal loan instead of this costly one.

        Good reasons to take a loan are unplanned emergency expenses

        For example, to finance funeral expenses. This isn’t a pleasant issue and the majority of people avoid discussing it. The truth is that funeral expenses can be very costly. If your family doesn’t already own you’ll have to buy a burial plot, to pay funeral home services, a coffin, and you’ll have to pay some other things which, in total, may cost you up to thousands of dollars. Remember, death is costly besides it is a sad event.

        A loan can be a crucial source to cover all costs when a family member dies. In such a situation everyone needs money quickly and if the deceased person’s savings cannot cover the expenses of the funeral some family members have the opportunity to apply for a personal loan, also such it is the ethical obligation to cover the deceased’s last costs.

        Paying medical bills is another reason to take a personal loan. The loan can be used for corrective surgery, dental intervention, fertility treatments, etc. Each of them can cost over $5.000. Added costs can be medications, aftercare, or medical travel expenses. All of them are possible, and sometimes necessary, to finance by a loan. 

        Good reasons to take a loan: you need to make a large purchases 

        Household accidents can come suddenly. If you quickly need to buy a new fridge, dryer, washer, the new computer for a job but don’t have the money on hand, a personal loan is the first aid. 

        Of course, there are so many expensive things you would like to have in your home such as entertainment things. However, it isn’t a smart decision to take a loan to buy them. Take a loan only for the things you really need for a normal life. Use it to buy the new oven, to remodel and equip the bathroom, for something that is undoubtedly necessary. For example, electronics! You’ll need months of savings to be able to buy them. Instead of waiting, you can take a personal loan and purchase them immediately. 

        Also, if you don’t have tens of thousands of dollars at disposal, you’ll take a loan to buy a new car, recreational vehicle, or boat, for example. 

        Who are lenders?

        Online lenders are set to make borrowing as easy as possible. They will tell you immediately all about your approval, if your application is approved or not, how much you can borrow, and many other things.  This kind of lender will offer lower interest rates and lower fees if they have any. Also, your approval chances are better with online lenders especially if your credit score isn’t great.

        Don’t worry, in most cases online loans are unsecured. That means you don’t need the collateral to get approved. That makes them safer. If you miss paying the loan, your credit score will fall, but your washer will stay at your home and you won’t suffer foreclosure.

      • Traders-Paradise