What You ‘GET’ and What You ‘Don’t Get’ from No Guarantor Loans?

Once can write a complete encyclopaedia on the guarantor-free funding. Many aspects define its utility while others describe the situations that it may not serve. Having a knowledge of both the aspects, can help you take an informed decision on the no guarantor loans. When you already know what to expect and what not to expect from a loan, handling financial anxieties become easy. In addition, it is good to stay financially literate, as it assists you in securing a better future.

You Get – Freedom to avail funds on your own affordability

It is quite difficult to compromise with your self-respect and request people to be your guarantor. They ask you countless questions about your financial situations that you never wanted to discuss with anyone. At last, if they find any weakness in your finances, they end the conversation by saying NO. Fine, no problem! But, if you know that they may do gossip on your situation, then? Oh! It hurts. With no guarantor loans, you can borrow money on your own affordability without wasting any time in finding a guarantor. Your capacity to repay the loan can be proved by presenting your repayment capacity.

You Do Not Get – Lower rates

A very obvious thing to happen. When you are not providing any guarantee for your repayments, then how the lender will compensate the risk of lending? Yes, it charges high rates, which makes you pay big monthly instalments. This is how the loan provider tries to get back the money with every monthly instalment. However some loan companies provide customisation, but more or less rates remain higher than the secured or guaranteed funding options.

You Get – Loans despite bad credits

Nowadays, new age lending is making its place in the finance industry. Unlike the mainstream lenders, online lenders offer bad credit loans without any guarantor. It is unusual but helpful for those who are struggling with the tough times of bad credits. Several online finance companies provide no credit check service through bad credit loans with no guarantor and no credit check. This saves the credit records from search footprints of credit check.

Remember, you can get funds with bad credits but not with the worst credit scores. 561-720 are bad credits and 0-560 are very bad or worst credits. If you are on the latter side, loan options are rare for you.

You Do Not Get – Big amount

Availing funds without any stress of fulfilling guarantor obligation is a relief, but this may not work if you need huge funds. Obligation-free loan products allow borrowing of small amount only. In case you want huge funds, you need to apply for some secured or guaranteed loans. These loans are also available for the bad credit borrowers. The interest rates are low and monthly instalments are small. This is not possible in the case of loans for bad credit with no guarantor.

After reading the above points, you can understand where these loans can help you and where they cannot. Next time when you plan to apply for the loans, making a final decision will be easier because you know both the sides of a coin.

What are the most useful cloud based tools used in agile based project management?

Project managers apply skills, tools, knowledge, and methods to the activities performed on behalf of the project in order to meet its requirements. Only by effectively applying all of this can a project succeed. It starts with a strategy on how best to bring into reality the project manager’s vision, ideas, and goals. The decision on method and tools is critical to the project’s success. The increasing availability and lower cost of digital solutions allow powerful tools and methods to be used in even the smaller projects. There is no longer a need to manage a project exclusively with tools such as sticky notes, paper, and whiteboards. The increasing understanding of collaboration to achieve results and the use of virtual teams demand new tools and methods for managing projects.

Today, if your project result is a software application, the methodology of choice is agile. Agile is a widely adopted method used for many years now. It applies incremental iterations in a flexible and interactive manner with the end customer to deliver over several releases a solution or application that meets customer requirements. Agile development emphasizes collaboration and a non-hierarchical management structure between developers, product managers, and customers.

Until a few years ago small businesses and organizations would not have the budget or inclination to purchase information technology systems and tools for exclusive use in managing projects. The capital costs, investment in training and maintenance costs were factors that prevented their widespread use.

But things began to change when cloud-based solutions and tools for project management lowered the entry costs and training requirements, providing anywhere, anytime access with zero maintenance costs. You don’t have to develop and purchase IT infrastructure. The user interface and procedures are designed to be easy to learn and intuitive for any individual with a basic understanding of personal computers. Those are the prime reasons why more and more businesses and organizations are opting for solutions based in the cloud.

If you are tasked with developing and managing software application projects here are four examples of cloud-based tools for managing projects.

1. Jira

Developed by Atlassian, it was initially created and marketed as an issue tracking tool. Today it goes beyond that and it’s one of the most popular tools for managing agile software development projects and encouraging collaboration between teams and individuals. It can be customized to a particular project or work culture and has over 25,000 customers around the world including some of the largest corporations such as Walmart. It provides functions for managing projects and tracking bugs, issues, and tasks throughout the full agile development life-cycle.

2. Asana

Asana is advertised as a work tracking tool with agile project management features. Used mostly for web and mobile applications development, it started as an internal tool developed at Facebook for improving the productivity of its employees. It has functions that allow users to manage tasks and projects online without the need of external communications such as e-mail. Teams create workspaces and those workspaces can have projects and projects can have tasks. To each task, users can add comments, notes, and tags that allow all team members and managers to instantly know task status and issues. Followers of a task can get updates on their workspace inbox.

3. Basecamp

This is the calmer, saner and better-organized way to communicate and manage projects enterprise-wide according to Basecamp marketing. It has a reputation as a user-friendly tool requiring little training on how to use most of its features such as sharing ideas, getting status reports on your e-mail account, finding and recovering files easily and managing user access. It’s lacking in time management and analytical tools.

4. Trello

By now you have realized that collaboration is at the heart of the agile way of doing things. Trello is for many the tool of choice in this regard. Managers can organize projects into boards and in a glance know what’s being worked on who is doing it. It also shows where a task is in the process workflow. It has a beautiful graphical interface for creating and organizing the boards, lists, and cards that are at the heart of Trello’s organizational capabilities.

5. Pivotal

Pivotal Tracker breaks your project into manageable chunks that you can prioritize, organize, and collaborate. Agile tools such as backlogs and user stories are explicitly supported. Project managers and team members can quickly find out on status, task responsibilities and what’s next.

6. Wrike

Another online tool for enabling users to manage workflows and schedules while collaborating with one another. Multilingual project teams will be pleased to know that it supports Japanese, English, Spanish, French, Portuguese, German, Russian and Italian. A free version with limited features is available with task creation, task assignment and task status markings for a basic but still powerful workflow management tool.

More Vacation Time or A Raise? What Would You Prefer for Debt Relief?

The money in the form of a raise can help them pay down their debt more quickly. While it is true, there can also be another side to this.

What I actually mean by that is what if you could select benefits like more vacation time, over a raise in your salary?

Now your question might be why would one do that? Well, I believe that for keeping the process of paying off a debt at its best, one needs to stay focused and for this, one must take out time to enjoy life.

So, would you go for it? Let’s explore some of the advantages of both the scenarios.

Taking More Benefits

When it comes to discussing an annual increase, very few people consider negotiating benefits. But is it something you should think about on a serious note?

Yes, of course, it is. Why?

Some benefits can prove to carry more value than the small or even large raise that you might be receiving.

There are many benefits to negotiate, such as health benefits, educational opportunities, retirement benefits, and my personal favorite, more vacation time.

The first reason why it is my favorite is that when I was following my debt relief plan, it was this vacation time that kept me focused on my objective of reaching financial freedom.

The second reason why I went for extra vacation time instead of a raise is because I believe you can find a plethora of ways to generate more money, but you can’t create more time.

Unlike a raise, it is vital to keep in mind that for extra vacation you don’t need to pay more in taxes. Since you’d still be taking home the same amount of salary, your taxes would likely to remain the same. Well, you won’t be taxed on the number of days or weeks of vacation you get.

The concept of benefit increases isn’t something everyone approves of. Here are some points for the raise side of compensation.

The Reason Why Raises are So Popular
Everyone loves to have a raise and for a good reason. A raise will reflect in your paycheck every time until the next one or you find a different job. Even if you land on another job, there is a good chance that you’ll keep your raise with you.

Raises are simply amazing as they display themselves as a part of your salary. If you keep on getting big raises, your salary will hike in a short time. Did I still need to tell you that this can help you pay off your debt sooner?

Alongside this, you should also think about that some of your other benefits, including your 401(k) matching, that are based on your salary amount. On receiving a raise in your salary, you also get a raise in your 401(k) matching contribution.

It’d be a pity to miss an opportunity of taking that extra vacation.

The question is, which way would you like to go to achieve debt relief? Would you choose the road to some extra benefits like vacation time, or prefer the raise? Share your thoughts in the comments below.