 |
Further
Reading ...
|
|
Proven two minutes magic exercise to conquer the fear of phone - Peter Benson
I got a confession to make!The little communication device used to scare me to death! I would pick ip up and dial a prospect and when the phone rings my heart would start pounding wishing that the recipient does,t pick the phone up.When the phone...
Using the internet to manage your family’s finance - cashzilla
The effectiveness of managing family finances has never been more significant, as parents struggle to find a balance between work and family life. A recent study by Mother and Baby magazine has found that new parents are getting less sleep than...
Who do you talk to? - Graham Yemm
Many of you reading this will be running businesses, or parts of, whether they are your own or not. This means that you have many things to deal with on a day to day basis plus trying to do the long-term thinking needed to lead and run the business....
Why Do You Want To Start a Home Business? - Ender Baynazoglu
Now, the very first thing you would want to ask yourself BEFORE starting a home based business is: "what is my purpose for looking at something like this?" By clearly defining a clear cut goal and purpose, you will know why you're in that position...
|
|
|
Fees paid to brokers are far too high
|
 |
Written By:
Mark Anthony Harrison
|
|
|
Procuration fees paid by some sub-prime lenders are too high.
Fact.
There can be no justification for some of the fees paid by lenders. Proc fees of 2.75%-plus are simply deplorable when it is clients who will ultimately pay the price through an extra loading on the interest rate they pay, be it at the front end or - as is more common with some lenders - at the back end after an initial deep discount.
Traditionally, high proc fees were justified by the relative complexity and extent of the work undertaken by the intermediary on behalf of customers with specialist financial needs; for those customers with more heavily impaired credit backgrounds, there was more work so the fee was higher.
But advances in technology mean obtaining the required information is now relatively straightforward so how on earth can - continued below ...
|
|
|
continued ...
lenders still justify paying fees of 2.75% or more?
Consumer protection is paramount. Those lenders that continue to hide behind the excuse that the fees they pay impact only on their own profit and loss accounts are fooling nobody. In the end it's the client that pays.
It's a sorry state of affairs when a lender's only method of attracting business is to pay a high fee.
The sooner the Financial Services Authority wakes up and takes a look at some of the players in this often murky sector, the better.
It's time for a change and we need it right NOW.
About the Author
Mark Anthony Harrison has worked in financial services for over 16 years, mostly in banking but more recently with his own company http://www.capitalmortgagesolutions.co.uk.
|
|
|
|
 |
|
|
| _Additional Resources ... |
|
Online Resources for Innovators - Neil Armand
Small businesses, independent innovators, authors, and artists often find it difficult to locate useful sources of information and services pertaining to intellectual property industry. A number of online forums, including Patentcafe.com,...
Before you spend that money, let's talk about history. - Kathy Burns Millyard
Have you noticed all of the advertisements on the Internet from "gurus" and people who have "made it" with their Internet business? You know the ones, they tell you how in demand they are. They tell you how they get several thousand dollars for each...
Doing Business Online — Private B2B Exchanges - Nowshade Kabir
Business processes are the building blocks of an enterprise. If one of these processes fails to live up to its expectation, business starts to flounder. How to minimize the risks, get a better monitoring of the processes and, at the same time,...
|
|
|
|
|
|
|
|
|
|
