Debt repayments, Loans, Make some money, Saving money, Uncategorized By admin | No comments yet

How to get a loan without a Bank



The internet has brought about many changes to our lives. Not least is the fact that you can now do your banking 24 hrs per day via the internet. At the same time you can also get a better savings rate or a loan. Traditionally to get a loan you went to the bank. Now adays it is possible to get a loan from people in your community, from people you dont know, and without the use of a bank.

The concept of social lending via the internet began with the establisnment of ZOPA. ZOPA is an accronym for Zone of Possible Agreement. The Zone is a a concept that in simple terms, refers to an agreed range of offers at various interest rates and amounts, equal an agreement to lend. Complicated, yes, but dont worry too much about it. Let me explain.



Miss Borrower wants to borrow £5000. She uses a social lender. The social lender credit checks and grades Miss Borrower. If ok, she is allowed to advertise that she wants to borrow. The website, does not lend her the money, we do. Individuals are able to offer lump sums at differeing interest rates. Once the £5000 is raised, (maybe in lots of £10), bidders can continue to offer lending bids. However, now the loan is fully subscribed, so in order to lend, lenders need to undercut other lenders to stay in the running. This has the effect of reducing the overall APR to the borrower. Once the auction reaches timeout, all those within the funding bands get to lend their money.

As of today there are a number of social lending websites. The largest and most established is Zopa. If you are looking to borrow money, and dont want to use a bank, look at a social lender. Click here to go through to Zopa.

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Freebies, Home Working, Make some money, Motivation, Saving money By admin | No comments yet

EI42 – The future for Cashback Websites?



EI42 is a novel and interesting idea that combines the popularity of a cashback website with the potential to develop a second income through the power of network marketing.  So how does it work and how can you make a passive income.

EI42 makes use of affiliate internet advertising.  For those of you not familiar with affiliate advertising the concept is simple.  Advertisers need to maximise their potential profits by maximising the potential of the internet.  However with literally millions of websites how do you decide upon the best ones to advertise.  The key is pay per click or PPC.  Essentially most adverts on the majority of websites are displayed for free.  Income is derived from a commission paid by the advertiser on confirmation of a specific action, such as a completed referal form or a sale.  This is known as affiliate marketing.

In recent years affiliate marketing has led to the emergence of cashback websites that share a percentage of the commission with their registered users.  The problem is that commissions very between cashback websites and not every website has the same advertisers displaying their adds.  This means that the users often register with many cashback providers, who will normally only pay a cashback after a certain minimum cashback level has been reached.  For example a user might have to spend £2500 to get to the threshold of £25 at a cashback level of one per cent.  Only last month I received a cashback check from a website that I joined six year ago for £30.

EI42 works differently.  Cashback is paid to the registered users of the sites as normal, but for those interested in making an online income, there is the potential to receive cashback by refering other users to the website.  In return for the referals, the original referer can earn a commission  on the purchases made by their referals.

Referal commission is paid on purchases made by your referals and is paid to seven levels, meaning that you can earn from a referal, made from a referal, from a referal, as the network grows to the power of seven.  So its possible to earn a small commission from someone unknown to you.  However don’t be fooled.  There are no guarentees and the only way a network will grow substantially will be through hard work!

Anyone can register on EI42 and obtain the benefits of the cashback for free, so whats the catch.  Very little it would appear.  As per other cashback sites there is a minimum threshold to trigger a repayment, currently £25, and of course you only make cashback if you buy from the websites, or in the case of referals if they submit a form or make a purchase.  If cashback rates are not competitive users are likely to use better paying cashback websites.  At the same time the concept of network marketing often scares people, whilst their is always the suspicion of whats the catch? 

If you would like to find out more at EI42 please visit the website. Please be aware that the link is a referal link.


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Home Working, Make some money, Motivation, Saving money By admin | No comments yet

Earn a Second Income

I am a customer and also an independent distributor for Telecom Plus. The following advitorial is provided by Telecom Plus trading as the Utility Warehouse as approved advertising text available to all independent distributors. It is therefore the copyright of Telecom Plus and not of any individual distributor.

Telecom plus Business opportunities

General

• Over the last 10 years Telecom plus has grown from just an idea into a company with a turnover of over £278 million and whose shares are traded on the London Stock Exchange. A track record second to none. This phenomenal growth in turnover and profits has been achieved by word of mouth “referral marketing”. The question is: What share of this could you earn for yourself? The explosion in growth that Telecom plus is experiencing right now is just the beginning. It is said that the key to success is not necessarily being in the right place at the right time, but recognising that you are in the right place at the time, and not four years later with hindsight.

Telecom plus PLC is a British, publicly quoted company promoted to the FTSE 250 on the London Stock Market in December 2008. The corporate management team, headed by Chief Executive Charles Wigoder, has been responsible for the phenomenal growth of the company over the last 10 years. Charles’s previous successes prior to joining Telecom plus include the spectacularly successful growth of Peoples Phone which he launched in 1990 and which grew to 400,000 customers, which at the time represented 10% of the UK mobile phone market prior to its purchase by Vodafone. He is now applying those same skills to Telecom plus PLC, which operates the Utility Warehouse Discount Club, with breathtaking results. Telecom plus is extremely successful and its profits are growing spectacularly every year. It also boasts an exceptionally strong balance sheet with over £25m of cash and no debt, providing confidence that this business really is here to stay.

• How many people do you know who use the phone, switch on a light, turn on the oven or use the internet? The Utility Warehouse are not asking people to spend extra money on services they do not normally use, they are simply offering the same services but with one major difference – they offer far better value! You will be tapping into a market where people and businesses are already spending many billions of £’s a year.

• Every time your customers make a phone call, switch on a light, turn on the heating or surf the net, you could be getting paid.

• Anyone who wants to earn some money and has drive and enthusiasm can become successful with Telecom plus.

• The residual income you build will continue to be paid as long as your customers continue to use these services, and that could be long after you have stopped building your Telecom plus business!

• Telecom plus provide a unique support and training programme, which includes a comprehensive package of manuals and marketing materials, provides everything you need to start building your own successful Telecom plus business. Initial training for all new Executives is provided free of charge at over 20 training centres throughout the country.

The more successful and prosperous you become, the greater the Utility Warehouse’s success, so they do everything they can to help you succeed!

• In addition to earning a residual income, generating discounts on your utility bills or raising funds for a good cause, Telecom plus Distributors can also benefit from an exciting range of incentives and bonuses. These include owning your own Utility Warehouse branded BMW Mini; driving one of the company’s fleet of Porsche Boxsters; qualifying for luxury, all expenses paid holidays; earning vouchers to spend in Marks & Spencer or John Lewis and also significant cash bonuses for achieving certain customer and Distributor gathering targets.

• Thousands of Distributors have already joined Telecom plus, and many of them are either earning a significant monthly income which is making a huge difference to their lives, raising funds for community projects close to their hearts, or generating significant discounts on their utility bills. But with less than 1% of UK households currently using their services, you needn’t worry about being too late to join.

• Telecom plus operates a Share Option scheme to act as an incentive for its Distributors. Share Options are a ‘risk-free’ way for you to share in the future growth and financial success of the company. The Options issued so far have been worth a staggering £6 million, creating huge gains for many Distributors, and the intention is for the company to make further allocations in the future.

• This is your chance to obtain a ‘FREE’ allocation of Share Options in a fast moving PLC on the London Stock Exchange. Did you know that as a result of Share Options issued by Microsoft, they have over 10,000 millionaires working for them? The more customers that we attract and the bigger our business becomes, the more your Share Options will be worth. They could eventually be worth hundreds of thousands of pounds. So don’t miss out – get involved and make sure you qualify simply by sharing the benefits of Telecom plus with other people.

1) Earn an income which could change your life…click through for further information to here.

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