Business
Ladder Advisors Won’t Get You A Better Deal on Personal Loans
![](https://www.bigtimedaily.com/wp-content/uploads/2020/02/student_loan_1581315378.jpg)
If you are looking for a better deal on personal loans and you are considering Ladder Advisors, keep on looking. Our advice is to take a step back and check the Credit9 reviews before making a decision.
Very often in our lives, we need large amounts of cash for different purposes, be it for buying a car, renovating our home or paying medical bills. If you are seeking a loan, you should try to get a better deal on personal loans because it can save you a lot of money, make repayments much easier, and keep you out of debt collection.
Personal loans may range between $1,000 and $100,000. Online lenders and banks offer personal loans under their own terms and conditions. You should look for terms and conditions that will give you a better deal on personal loans.
The Coronavirus Crisis May Give You a Better Deal on Personal Loans
The coronavirus crisis has wreaked chaos everywhere around the world. However, there do exist opportunities for those seeking personal loans since the Federal Reserve is moving in aggressively to contain the devastating coronavirus fallout that the economy will have to endure and try and limit the number of coronavirus bankruptcies.
In short, the Fed has cut down interest rates to almost zero. The Fed did this to give impetus to an economy staggering and reeling under the unprecedented impact of the coronavirus. You shouldn’t be surprised that the Fed resorted to this measure considering that entire industries are currently stagnating and some like hospitality, travel, tourism and airlines are in danger of closing down.
Depending on your credit score, history and other factors, you may find loans with APRs ranging from 5% to 36%.
To get better deals on personal loans, you can visit certain sites to compare various loans. However, you can now expect to find very competitive interest rates as the interest rate that the Fed charges on loans have a strong influence on the finance industry.
Why is that?
It is all about the prevailing economic scenario. Back in the ‘80s when the economy was facing the shock of steep inflation, the Fed had used very high interest rates to battle the rising prices. At that time, the interest on personal loans was a stunning 19.2%.
Now the Fed has to work the other way round. It has to stimulate an economy that has been virtually knocked out by the coronavirus epidemic. The Fed is doing this by slashing interest rates to unprecedentedly low levels in order to stimulate enterprise and business activity, which have hit unthinkable lows. You can take advantage of this situation to get a better deal on personal loans.
In addition to personal loans, credit card rates are also falling. However, credit card rates still stand at an average of almost 15%, according to Fed’s research. You can play it smart and bring down your credit card costs by taking out a debt consolidation loan. You can now get a better deal on personal loans if you are seeking to consolidate debt. So, if you were looking for the right opportunity, then now is the time to act.
The Fed has brought down interest rates to new lows that were not seen since the last major financial crisis in 2008. Since the Fed has dramatically slashed interest rates, the effects will reverberate across the finance industry and they will be forced to follow suit. Hence, you should look around for personal loans because the times are ripe for deals that were previously unimaginable. Considering how aggressively the Fed is bringing down interest rates, you should not be surprised when you come across lenient terms and conditions. There has never been a better time to get a better deal on personal loans.
Apps for a Better Deal on Personal Loans
Even before the coronavirus crisis, personal loans were on the rise. Credit bureaus reported that in 2017 and 2018, there was a substantial 15% rise in personal loans.
Depending on the credit score of the borrower, most personal loans during this period ranged between $11,000 and $20,000.
Advances and developments in fintech are the key reasons behind the pre-coronavirus proliferation of personal loans. Financial apps now exist that allow you to get better deals on personal loans. These apps provide a seamless procedure for personal loan application that is both simple and convenient.
How important are these apps now? Towards the end of 2018, personal loans taken out through fintech apps accounted for a substantial 38% of the total, according to major credit bureaus. In 2013, these apps accounted for just 5% of all personal loans. Hence, the major rise in personal loans can be attributed to the relentless popularity of finance apps that allow seamless borrowing and make a better deal on personal loans easier than ever.
Personal loans are typically unsecured. This means that you do not have to forward any of your property as collateral for the loan. If you default on payments, the lender may be able to sell off the collateral to recover the loan amount. Since personal loans usually do not involve any collateral, you can have peace of mind knowing that your property is not directly at stake if you are late on a few payments. This is one of the reasons why you get a better deal on personal loans.
The repayment schedule of personal loans typically ranges from 3 to 5 years. Hence, you have plenty of time to pay back your personal loan. You can get a better deal on personal loans due to this generous payment schedule.
These loans also carry a lower debt than credit cards on average. If you have accumulated large amounts of credit card debt, you can take out a debt consolidation personal loan through which you can pay a lower cumulative interest rate on your combined credit card balances. A better deal on personal loans like this can help you with repaying credit card debt.
Hence, in order to get a better deal on personal loans, you may select an app that will help you to compare interest rates and other loan terms between different lenders.
Bottom Line
Fed interest rate cuts, combined with finance apps, can help you to get a better deal on personal loans. Given the current scenario, it is likely that the Fed may be forced to reduce the interest rate even further to bolster an ailing economy.
Business
September Joy: HomeCare Bosses United®’s Second CareGrowth AI™ Workshop
![](https://www.bigtimedaily.com/wp-content/uploads/2024/09/0C6A4646-1.jpg)
Sue and Enock Denis, co-founders of HomeCare Bosses United®, are the top industry-leading pair in the non-medical homecare space. Sue Denis began her journey after leaving the nursing world and jumping with both feet into the homecare industry by founding her own homecare agency. Next, she taught those in her local community and online how to do the same in a private Facebook group she created for the purpose. Now, that group has over 13k members.
She and Enock’s latest venture — the CareGrowth AI™ software developed specifically for homecare agencies — is but the next step in their transformative, inspiring journey, heralding a new era for homecare agencies by turning them into Intelligent HomeCare Agencies™. After their very successful launch event, the Systemize to Scale With AI Workshop, Sue and Enock are back with an encore for those who missed the first one — or those who want more HomeCare Boss magic!
The 2nd Launch Event: Systemize to Scale With AI Workshop
Scheduled from September 8-12, 2024, at 8 PM EST each day, the Systemize to Scale With AI Encore will introduce CareGrowth AI™ to the next wave of attendees. The five-day virtual event revolutionizes how homecare agencies operate, offering insights and tools to streamline operations, reduce errors, and enhance efficiency.
“We’re not just offering another software; we’re helping agencies transform into Intelligent Homecare Agencies,” Enock explains. “With AI, these agencies can become more efficient, productive, and ultimately more profitable.”
So true. Intelligent Homecare Agencies™ that implement the software harness the power of AI to elevate their operations, making them more efficient, productive, and capable of delivering higher quality care and achieving greater profitability.
A Community-Centric Approach
With nearly 13,000 members in their private Facebook group, HomeCare Bosses United® has created a robust community of homecare professionals. Its supportive network is a cornerstone of the organization, offering courses, consulting, and a thriving online space where members can share experiences and learn from one another.
“Community is the backbone of our success,” Sue shares. “It’s incredible to see agency owners support each other and grow together.”
Core Values Driving Success
At the heart of HomeCare Bosses United® lies a set of core values: Empowerment, innovation, community, integrity, excellence, and faith. These principles guide their mission and shape their approach to business, ensuring that each agency owner feels equipped to navigate the industry’s challenges.
“Empowerment is key,” says Sue. “We want agency owners to feel confident and capable, knowing they have the power to succeed.”
Innovation is another critical aspect of their work. With the launch of CareGrowth AI™, the Denises are setting new standards in the industry, paving the way for homecare agencies to become part of the Intelligent Homecare Agency™ category.
“With CareGrowth AI, we’re keeping up with the AI revolution… by leading it!” Enock emphasizes.
Integrity and Faith: The Foundation
Honesty, transparency, and ethical practices are fundamental to HomeCare Bosses United®’s business model. Enock and Sue’s commitment to integrity ensures that clients receive honest and transparent guidance, fostering trust and reliability.
Their faith also plays a pivotal role in their business philosophy.
“Our faith is at the center of our business,” Enock says. “It guides us and gives us strength, helping us make a positive impact in the lives of others.”
Looking Ahead
As HomeCare Bosses United® continues to grow, their mission remains steadfast: To help homecare agency owners thrive. Through their comprehensive support platform, they provide the tools, knowledge, and community needed to start, grow, and scale homecare businesses.
The upcoming Systemize to Scale With AI Encore is an opportunity for homecare professionals to join this journey and embrace the future of the industry. Registration is available at https://CareGrowthAI.com for just $37, including access to the live workshop and the exclusive HomeCare Bosses United® community.
About HomeCare Bosses United®
HomeCare Bosses United® helps you grow your homecare agency, impact the world, and live life on your terms. Co-founded by Enock and Sue Denis, the company offers courses, consulting, and live events for homecare agency owners at every stage of their journey. Their mission is to simplify the process of starting, growing, and scaling homecare agencies, providing the tools and support needed for success, including their revolutionary CareGrowth AI™ solution. For more information, visit: https://CareGrowth AI.com and https://homecarebossesunited.com
-
Tech3 years ago
Effuel Reviews (2021) – Effuel ECO OBD2 Saves Fuel, and Reduce Gas Cost? Effuel Customer Reviews
-
Tech5 years ago
Bosch Power Tools India Launches ‘Cordless Matlab Bosch’ Campaign to Demonstrate the Power of Cordless
-
Lifestyle5 years ago
Catholic Cases App brings Church’s Moral Teachings to Androids and iPhones
-
Lifestyle4 years ago
East Side Hype x Billionaire Boys Club. Hottest New Streetwear Releases in Utah.
-
Tech6 years ago
Cloud Buyers & Investors to Profit in the Future
-
Lifestyle4 years ago
The Midas of Cosmetic Dermatology: Dr. Simon Ourian
-
Health5 years ago
CBDistillery Review: Is it a scam?
-
Entertainment5 years ago
Avengers Endgame now Available on 123Movies for Download & Streaming for Free