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How many auto and finance industry “out of work” people want to stay in their industry?

May 1, 2012 By Leave a Comment

Question by digiboy: How many auto and finance industry “out of work” people want to stay in their industry?
The folks at http://www.autodealerinstitute.com say that they are seeing a lot of career training and re-training inquiries from people who have lost their jobs in the automotive and financial industries. It seems a bit odd to me, as I would think many would not want to stay in the same industry. But I guess Service Advisors and F&I (finance and insurance) professionals must still be in demand. What are your thoughts?

Best answer:

Answer by mbrcatz
Insurance “professionals” tend to have a pretty high turnover in a good economy – Most people in the business, that I’ve met and worked with, don’t actually LIKE it too much.
:D I’m the oddball who loves it.

So when the opportunity comes up, from being laid off, to be retrained in something else, they jump at it. Why not? If you don’t like what you’re doing, you don’t have the right job.

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How do loans and leases work? Can you please explain them and give two examples?

March 26, 2012 By Leave a Comment

Question by frog prince: How do loans and leases work? Can you please explain them and give two examples?
I just need these two basic types of financing explained and I need to know how each one works with two examples for each one. So 4 things total I need answered for loans and 4 things leases. Thank you thank you!!!!
this is for school. I DO NOT WANT TO TAKE OUT A LOAN.

Best answer:

Answer by T E
loans are borrowings from banks or other financing companies, to buy assets like buildings, or cars, which requires monthly monthly loan principal and interest payments

leases are rental agreement with financing companies (lessors), to lease assets like car or equipment or buildings, for a period of time, say 3 years, and the leasee pay monthly lease payments to lessor

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Does debt consolidation work and help improve your credit score?

March 23, 2012 By Leave a Comment

Question by Sophia Galen: Does debt consolidation work and help improve your credit score?
I am really bad with paying bills and my credit has taken a hit these past couple years. I make enough money where I should be able to pay everything with no problem but for some reason I continue to struggle. Do you think a debt consolidation would be best for me and to help me improve my credit score? Does this really work?

Best answer:

Answer by Lawyer
Try this site

http://Best-Financial-Consultation-USA.info

Here you can find the best debt settlement specialist that available in your area for free

Give your answer to this question below!

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Can someone please explain how financial aid and student loans work?

November 7, 2011 By 4 Comments

Question by courtney!: Can someone please explain how financial aid and student loans work?
I have no idea what I’m doing, I’m trying to get into a university. I recently withdrew from a local technical program due to the lack of competence of one of the instructors. When I first started at the Technical School I had little knowledge about financial aid and student loans, this time I want to be fully prepared. Can someone explain to me how financial aid and student loans work? I have filled out a fafsa, and have to change my school code for the new school I’ll be attending. Also, what else should I be doing to get more money for my education?

Best answer:

Answer by Tommy
call dept of education

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Should I join the Academy of Finance and sacrifice a good GPA for experience or forget aboutit and work onGPA?

October 6, 2011 By Leave a Comment

Question by Lilac Green: Should I join the Academy of Finance and sacrifice a good GPA for experience or forget aboutit and work onGPA?
Ok, so there is this special program called the Academy of Finance at my school. To get in, I have to take a bunch of regular 4.0 business electives, but if I do take the courses, I get a summer internship to a prestigious company and Co-Op in my senior year. However, it will lower my GPA significantly and my chances of becoming valedictorian or saluatorian will be ruined.But, there is a cool summer internship that goes with it and that experience is something unique to put on a resume. Or, should I forget about the Academy of Finance and just take a few business electives here and there?

Best answer:

Answer by Andre A
Yes you should Iam currently enrolled in the Academy of Finance and there are so many opportunities. I gt to work at a job that payed me 8 dollars a hour and I did nothing whatsoeever. I actually coulda have gotten payed 12 or 13 but I was being lazy ofcourse these amounts all depend on how well ur AOF coordinator is connected. This is my senior year now and Iam happy as ever that I made this decision. The courses arent to difficult so far the hardest for me was College Accounting which isn’t even that hard IMO. Just make sure u get a buddy to practice with and youll be A okay.

What do you think? Answer below!

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How does credit card interest rate work?

September 27, 2011 By 2 Comments

Question by brainy*chick: How does credit card interest rate work?
I have always paid off my credit card balances in full every month, but on the next billing statement I won’t be able to. My current balance is $ 1,413. My credit card interest rate is 14.49%. Is it true that I will be charged interest on my full balance even if I pay half the balance? I called my credit card company and the rep said yes, but I don’t think she was very knowledgeable.
STOP IT WITH ALL THE SPAM YOU JERK OFFS!

Best answer:

Answer by anon
it works in the banks favor

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How difficult is it for a Finance professional to obtain a work visa?

August 23, 2011 By Leave a Comment

Question by blackomen: How difficult is it for a Finance professional to obtain a work visa?
How difficult is it for an American like me to find a job and get a visa to work in the Netherlands? I’m in investment banking and have a Masters in Finance.

Best answer:

Answer by John
wont be that difficult but it would be alot easier if you have an offer from some company in netherlands before applying for visa , cause that offer can act as a major document(to complete the visa formalities) for getting a work permit

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How do credit card debt councilors work with credit card issuers?

August 5, 2011 By 2 Comments

Question by Gayle: How do credit card debt councilors work with credit card issuers?
I’ve seen on t.v. how credit card debt councilors work with banks when people owe a lot of money on their credit cards. They say they can not only reduce the amount owed but also get your monthly payments down to where they are manageable. How do they do this, are there any consequences such as a reduction of credit score, and is it effective (do they really do this or is it a scam)? Also, how much do they charge? Thanks.

Best answer:

Answer by DON W
Unfortunately the ones who advertise on television are usually in it just for the money. Beware of any organization that requires an up-front fee.

If you belong to a credit union or there’s one that serves your office, they will be able to put you in touch with a reliable organization.

Here’s a booklet that will help you:

http://www.consumerlaw.org/initiatives/credit_counseling/content/Cconsumerfactscreditcounselin.pdf

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Anybody figure out how to work the portfolios in the new yahoo finance?

July 16, 2011 By 3 Comments

Question by mychips1: Anybody figure out how to work the portfolios in the new yahoo finance?
2 days ago yahoo changed the finance section where I had 6 portfolio’s set up. Now I can’t figure out how to make changes to things like price paid ad total shares.I am following all the right steps but cannot save the changes.

Best answer:

Answer by e m
Changes were apparently made. No one appears happy about this. See a similar question and responses at:

http://answers.yahoo.com/question/index?qid=20110216083218AAZBMBD

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What happens if a debt collector sends a summons for garnishment to an employer that I don’t work for?

July 2, 2011 By 2 Comments

Question by Gert: What happens if a debt collector sends a summons for garnishment to an employer that I don’t work for?
I guess that a garnishment summons was sent to a hospital I do not work at, have never workewd at. Isn’t it a violation of the Fair Debt Collection Act?

Best answer:

Answer by CatDad
You have to be correctly served a summons at a correct address. If you were not and they got a default judgment because you did not show up, then you can challenge this.

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