Jul 31

If the Bajau tribes of Kota Belud are known for their horse-riding prowess, the Bajau Laut tribes of Semporna are known for their seafaring skills. Bajau Laut tribes are usually known as the sea gypsy people, a term normally associated with the island people of the Pacific, especially in the southern Philippines area and other smaller islands.

For many years these people have lived in the ocean on their make-shift house boats. Probably only in recent years that they have made settlements into the coastal area, with their houses built on stilts. The ocean is still their main source of living – fishing, collecting clams and mussels, and even pearl farming in the remote islands of Bodgaya and Boheydulang.

Their unique lepa boat resembles the modern-day’s catamaran vessels, with two adjoining legs for added stability when roughing the wild Pacific ocean. In the evening, one could witness dozens of lepa boat coming home with their day catch. Certainly a cultural experience not to be missed if one visits Semporna!

The town of Semporna can be considered run-down and somewhat congested with people and vehicles. One should only get into the town for shopping and food, if nothing else. The main interests are probably located on the sea-fronting area, where you can find locals selling exotic fruits and unique delicacies, as well as fresh seafood. You can also check out one of the many fishing boat landing docks where you can witness fresh ocean products being loaded from the trawlers into a make-shift wet market.

Jul 29

Students who wish to further their studies but do not have finances to do so may consider applying for the federal government loans. The government especially considers that citizens have a right to education and money should not be an impeding factor for students to achieve their dreams. It therefore tries to ensure that people have the opportunity to expand their knowledge and get access to the economic issues.

In order for a student to apply for the federal loan, they must first establish their eligibility. This is so because, the state will mainly distribute these funds in order of priority, putting into consideration those who need the assistance most. For example, students who have no guardians, are whose parents do not have a stable source of income may be put into first consideration.

Others who come from well-to-do families may have to be considered later. As you apply for the loan, you might need to make use of the student financial assistance estimator to see just how much you may qualify for. For more information on how this works, you may visit the local lenders and they will assist you through the process.

As for the repayment of the money, it is good to note that timely payments will save you a lot of hassles and will even play a role towards improving your credit score. However, before you can start on repayment, you need to find out what your monthly payments will be and how you can even repay it faster, if you can. The earlier you do so, the more you save in terms of interest rates.

Jul 28

When you think about your vehicle, insurance coverage probably doesn’t come to mind. After all, buying auto insurance is not more fun that driving your car. This is true no matter what type of vehicle you have. Not to mention the fact that auto insurance coverage is an expense that you probably don’t enjoy dealing with. But remember, in the United States the law says that you have to carry auto insurance coverage. There is no way around this, so you might as well get used to paying.

Your auto insurance coverage should be purchased with your vehicle in mind. So if you make a change to the car you drive you should also consider doing the same to your insurance policy. This can be a pain in the neck, but it is better to be safe than sorry. Your car is a big purchase, and the last thing you want to do is risk its value because you don’t have the proper type of auto insurance coverage.

Your vehicle needs to be insured at all times. Not only does this keep you legal, but it also allows you to drive without loads of stress on your mind. And as you know, this is very important.

Make sure you have the right auto insurance for your vehicle at all times. This is very important, and always will be. It does cost money to insure your car, but it is an expense that you have to take on if you are going to drive on the open road.

Jul 23

Home loan modification constitutes an agreement between your lender and you that either brings down the principle rate of interest on your mortgage, prolongs the term of the mortgage, gets rid of certain fees, grants you a grace period, or any combination of the preceding options so to make sure you will be able to afford your payments and stay in your home.

Loan modification is becoming more and more popular as an option among struggling householders and lenders who are facing the prospect of additional foreclosures. The reason is that in the end lenders will profit to a greater extent even though they are making concessions rather than assuming ownership and selling the house for a lot less then it is worth.

In addition to the obvious decrease in monthly payments, loan modification has numerous advantages over other options. When you modify your home loan, you are not applying for a new loan as you do when trying to refinance. Especially with most banks unwillingness to give out new loans, finding a good rate to refinance your loan will be near impossible without an excellent credit score.

The advantages of loan modification over foreclosure are even greater. First of all, when you foreclose, you lose your house. Secondly your credit score gets beaten down, while a loan modification keeps your credit score intact. Lastly, overall your life will improve with the knowledge that the worse is behind you.

If you do decide to apply for a loan modification, do not hire a firm. Firms often scam and put homeowners in tougher situations than before. They also charge exorbitant fee which send red flags to your lender. They automatically think, if you have thousands of dollars to pay a firm, then you are not in a bad financial situation as you say you are.

The best option is to do it your self. You can either research it online which has its own risk or buy a DIT kit that includes everything that you will need. From my personal experience although a kit costs money it has everything in one place and shows you how to do all the forms and write a proper hardship letter. One such kit is 60 Minute Loan Modification. It was created by a guy who modified loans on five of his homes and numerous loans of his clients. Overall it is a great kit.

Jul 22

Indeed, if a credit card is used properly, it can be the most powerful financial tool. But not everybody can afford all the expensive rates of most credit card issuers offer. This is where the low APR credit card ushers in—to help people who plan to maintain a balance on their account and not to pay the full amount monthly. But, what does APR stands for in a low APR credit card?

Basically, APR is the cost of credit as a yearly interest rate. APR stands for “Annual Percentage Rate” of charge can be used to compare different credit and loan offers. The APR on credit cards is usually calculated monthly based on the current amount in the card. The monthly interest is calculated as if the current card balance would remain the same over a year; the interest on the amount over a year (APR) is worked out and divided by 12 to give the monthly interest. It is a must that all lenders tell the client what their APR is before signing any agreement.

Although the arrangements and terms may vary from lender to another, it is better for people to avail a low APR credit card because the lower the APR, the better the deal for them to spend more money in shopping around.

Why choose a low APR credit card?
Low APR credit card is a good choice for those people who are into a tighter financial budgeting. Being the most important attribute of a credit card, APR determines the significant balance over a longer period of time.

In a low APR credit card, the amount of interest one must pay on his or her credit card balance depends on its APR because the lower the APR is, the better it is him or her because it means they have to pay less interest. APRs in a low APR credit card can either be “fixed” or “variable.”

If you are planning to have a low APR credit card, there are so many cards that offer low APRs that can be found online. These low APR credit cards are chosen using a factoring scheme that organized these cards by computing a number of their attributes to place the best deals at the top.

Some of the questions one have to ask when looking for a low APR credit card includes the charges—if they vary or a fixed rate; and if these charges are variable because it might affect the repayments and if these rate are fixed or will it stay the same. Searching for a low APR credit card may also include inquiries on the possibility of any charges that are not included in the APR like optional payment protection insurance or an annual charge. If there are any, make sure that you understand what they are and when do you have to pay them. Lastly, looking for a low APR credit card should include questions on the conditions of the credit and how would these conditions suit you.

If you are now seeking for a low Apr credit card you may begin looking for a scheme that could help you save hundreds in interest with a low interest credit card and low cost processing.
Most low APR credit card offers 0% APR for the first months on purchases, cash advances, and balance transfers. Through
these, low APR credit card can warn rebates towards any item purchased. They also offer $0 liability on unauthorized purchases, and no annual fees.

Some low Apr Credit Card that have very good intro rate for purchases is recommended for those who would want to avail one. They also offer good deals if one carry high balances on other cards and need to transfer the balance.

Indeed, having a credit card can be useful and convenient, and can even help build a strong credit history that will help you with future activities like home-buying, paying for higher education, and even finding a job. But, before you apply for a card, consider the advantages and disadvantages especially with the current financial situation you are in.

Jul 21

A Colorado reporter with a bug phobia faces his fears as he’s covered head to toe in massive quantities of ladybugs.

The town, which doesn’t want the media knowing its exact location for fear of an influx of tourists, has so many ladybugs buzzing about that some trees, homes and grassy areas are just a mass of red.

The insects are out in force in the Front Range region of Colorado thanks to increased rainfall during spring and early summer. The additional moisture has made their food supply plentiful so their numbers have increased by 15 to 20 percent.

Jul 17

These people will put duty and responsibility above everything else and are always there to support those who need a boost.It makes me wonder, though.Who do these people turn to for support? When everyone else counts on them, who do they count on? They are still human after all and I am pretty sure that there are times when they feel down or all the responsibilities they have taken on weight more heavily than usual.That’s a question that may be hard to answer, but when it comes to financial support, there is definite answer I can give – a cash advance loan. How and why can a cash advance loan provide the necessary financial support? Why can’t any other kind of loan serve the same purpose? If you think about it, perhaps any other kind of loan will do just as well. After all, you can also get money from other loans. However, a cash advance loan can provide assistance in a faster way AND with less hassle. After all, when one is looking for support, you don’t want the process to be difficult and tedious right?

So how do you get support from a cash advance loan?

Go online and look for a cash advance loan lender. This is not a difficult task, especially since there are so many online cash advance loan lenders operating in Australia today. All that you need to do is look over some of the most promising ones and then make your decision. Just make sure that you have a clear list of what you want and need from a cash advance loan lender so that you will not get confused due to the variety of lenders that you see.

Make sure that you have the necessary documentation. Yes, there is still documentation needed to apply for a cash advance loan. However, the requirements aren’t that many and are quite simple. These are that you are a citizen or a resident of Australia , you are at least 18 years old, you have a current bank account, you have a regular source of income. This can be a job or a business that you own.

Send your application in. You can do this online as well. Cash advance lenders make available an online application form in the web sites, making it easy for you to apply for a loan.

Wait. This could very well be the hardest part, especially if you really need the money. The good news is that you do not have to wait for long. As a matter of fact, 24 hours is perhaps the maximum that you would have to wait! Usually it is around two to three hours.

Jul 10

More than 200 home owners in Shanghai have demanded refunds or compensation after a 13-storey apartment building under construction toppled on Saturday.


The building in the “Lotus Riverside” compound of Minhang District collapsed entirely at about 6 a.m., killing one worker who had gone into the building to fetch his tools.

Local authorities in Minhang have pledged to safeguard the legitimate interests and rights of the owners, although detailed plans are yet to come out.

The developer, Shanghai Meidu Real Estate, has been banned to sell the housing following the collapse. It had sold out 489 of 629 homes.

Sources at the Information Office of the Minhang District government told Xinhua that 255 owners have applied to the government for refunds or compensation.

But some owners also worried that they could not buy the same apartment with the refunds because of the increases in housing prices.

The sources said the government has taken “appropriate control measures” against nine people from the developer, construction contractor and supervisor.

The authorities will also examine the structure and foundation of the building on Monday.

The 132 households evacuated shortly after the collapse returned to their village nearby at 7:30 p.m. Sunday after their homes were confirmed safe.

Jul 9

Credit cards have a variety of uses in modern day living, for example you might need to book flights for which you don’t have the money upfront. In this situation you could use your credit card to make the purchase and then pay the balance off each month until you’re back at zero.

A major bonus of credit cards is the fact they are accepted all over the world from Australia to Austria. You need to look out for the logo that belongs to your credit card, usually displayed in the windows of stores and shops worldwide, and then you can shop until your heart’s content.

You can also use your credit card to purchase goods over the telephone and online, as well as in person, which adds to the convenience by paying with plastic.

Before you apply for a credit card it helps to think about how you will actually use the card. If you plan to settle the full balance every month then a card that has no annual fee and longer payment terms might be suitable for you.

If you think that you might carry over a balance from month to month then a card that offers a lower interest rate might be what you need. The lower the interest the better, as you end up paying less money back in the long-term.

If you plan to use your card to get cash advances it is wise to look for a card with low interest and lower fees on cash advances. Some cards charge more interest for cash advances than for purchases so this is a point worth checking before signing on the dotted line.

The annual percentage rate (APR) is the way of stating the interest rate you will pay if you carry over a balance, take out a cash advance, or transfer a balance from another card. The APR states the interest as a yearly rate so make sure you compare like for like when weighing up different cards.

Some credit card companies offer introductory APR rates so remember that a different rate will apply once the introductory offer expires.

Using a credit card can help to build a strong credit rating for yourself, which is a handy benefit when it comes to applying for loans and mortgages in the future. Bear in mind you need to pay your credit card balance off and use the card sensibly in order to boost your credit rating.

If you fail to keep up with credit card repayments you may in fact damage your credit rating and cause financial complications for yourself.

Using credit cards to pay for household bills and expenses is an easy way to keep all your spending in one place and makes it easy to track your finances. Just remember to pay the minimum balance off each month!

Jul 8

ARM or Adjustable Rate Mortgage is a good option for those who plan to own your home for a few years only or if you are expecting an increased earning or if your existing fixed rate mortgage is too high.

There are 4 components in Adjustable Rate Mortgage:

  1. Index
  2. Margin
  3. Interest Rate Cap Structure
  4. Initial Interest Rate Period

After the expiry of the initial interest rate, the new interest rate is calculated by an addition of margin to the index. When you apply for the mortgage loan, your lender is supposed to disclose the margin. This, however, may vary from one lender to another. So, make sure you ask more than 2-3 lenders before you can settle. Your interest rate is directly proportional to your index figure. With a change in the index figure, there will also be a change in your interest rate.

The interest rate cap is designed to provide protection from huge rate swings in interest. Caps can be of 2 types:

  1. Annual
  2. Life-of-the-loan

Any change in the interest rate will be restricted by the annual cap. Whereas, the life-of-the-loan cap will limit the maximum and minimum interest rate and as a mortgagee you can pay for as long as your mortgage exists.

What are the benefits of an adjustable rate mortgage?

  • The main benefit is adjustable rate mortgage is the lower monthly payment.
  • Usually you may be rewarded a lower initial rate by the bank since you are already taking a risk that interest rates could rise in the future.
  • Adjustable rate mortgage Adjustable Rate Mortgage is a contrast to fixed rate mortgage where the bank takes the risk and if the rates rise the bank cannot provide you refinance because your loan is below the market rate.
  • In adjustable rate mortgage you can easily opt for a refinance and get a better rate.

How best to manage ARM?

The best thing to would be to pick the right mortgage with restrictions or caps. You can have caps on the interest rate on your loan or on the dollar amount of your monthly installments. You could have a guaranteed number of years before your rates can be adjusted. This is also a great mortgage help by which you can manage your home loan well.