What Companies Offering Personal Loans Allow Consumers to Borrow Over $40,000

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What Companies Offering Personal Loans Allow Consumers to Borrow Over $40,000

Many lenders are offering a loan of more than $40,000 with low requirements and fees. The funds for these personal loans are usually released quickly within the same day or a period of a week following the approval. The following are the top 3 lenders offering personal loans with loan amount that exceed $40,000.

1. LightStream
LightStream is offering personal loans with a loan amount in the range of $5,000 – $100,000. You can choose from a loan term in between 24 months – 84 months. The APR rate is in between 3.24%-16.34%. You need a minimum credit score of 680 to get approved for LightStream personal loan. It does not have any requirement on credit history and the debt to income ratio requirement is quite low. You can apply the loan as an individual or joint loan. When you submit the application, it will immediately let you know whether your application is approved. You can choose the date within 30 days of approved when the funds will be wired to your account. LightStream does not charge fees like origination, prepayment, and late fees.

2. SoFi
SoFi gives borrowers the ability to borrow a loan amount in between $5,000 – $100,000. the minimum loan term is 3 years and you can take up to 7 years to repay the loan. The APR rate for the loan is in between 5 – 15% but most people get approved for an APR rate of 8.5%. The APR rate can be either fixed or variable rates. The minimum credit score requirement is 660. it does not have any minimum requirement on gross income, credit history and debt to income ratio. After you get approved, you will have to wait up to 10 days to receive the funds. It does not charge origination, prepayment and personal check processing fees. It does charge a late fee of 4% of the amount due but the fee will be no more than $5.

3. Earnest
Earnest personal loans features a loan amount in between $2,000 – $50,000 and a loan duration in between 1 – 3 years. The APR rate for Earnest loans is in between 5.25% – 12%. It does not have any requirement on the credit score but most borrowers that get approved have a credit score higher than 720. It has no requirement on the credit history and debt to income ratio. After your loan gets approved, you have to wait for at least 2 – 3 days to receive the funds. Sometimes, earnest will take up to 1 week to wire the funds to you. Earnest does not charge any fee but it can charge you up to $8 if the payment is not successful. You have the option to choose the payment due date and loan term.
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The Basics Of Sump Pumps To Keep Your Basement From Flooding

Your sump pump is one of the most vital parts of your plumbing system. Very few people however can answer where there sump pump is let alone sump pump basics. You might only actualy need you sump pump once every five to ten years, but it is good to know that it is there when you need it. Your sump pump is vital if it ever floods in your basement such as from a sewage backup into your basement, your sump pump will remove much of the excess water, pumping it out of your basement. Your sump pump is the last line of defense when flooding occurs and will help to save your valuables, as well as protecting the integrity of your home’s foundation.

When it comes to selecting a sump pump for your home you have a choice between a standard sump pump and a grinder pump, or even both with a clever installation. A standard sump pump removes water which has entered your basement. Your grinder pump grinds up sewage and sends it to your main sewer line. With either type you should have a good battery back up on hand in case of power failure. You should also replace this battery every 2 to 3 years because of battery shelf life as you need to be 100% certian your back up battery is going to function in a time of need. You also need to consider the maximum lift of your sump pump model, most models are around 10 feet of maximum lift. The lift of your sump pump is how much water it pump up vertically in feet. Your maximum flow rate is also critical to consider. Most common models are a a 1/3 horsepower pump. If your basemet frequently floods you may want to consider using a 1/2 hp pump as a 1/2 hp pump will pump more water and lift it higher than a 1/3 hp pump.

If you do decide to install a new sump pump, a Proper installation as well as precisely following the manufacturer’s installation guidelines, is essential for the safe and efficient operation of your sump pump. Improperly installed sump pumps can be dangerous especially ones that were not grounded properly. It is recommended to hire a professional plumber do any sump pump installation, it is not worth the risk of electrocution or sump pump failure due to an improper installation just to save a few bucks. A qualified plumber will install your sump pump with a grounded 15A electrical circuit and a surge protector. Sump pumps that are professionally installed as well as properly maintained often have a shelf life of 10 to 15 years before needing replacement.

You should test your sump pump every 3 months to ensure it is functioning properly should a disaster strike. Simply turn off your power and pour in 5 gallons of water. The sump pump should start up on your battery back up and remove the water, if it does not there is an issue and a professional should be called at that point. You should then retest it with the power on. If the sump pump does not start up, make sure your sump pump is connected properly to your power system. If the power is not the issue then your sump pump is in need of repair.

There are some signs to let you know its time to replace or repair your sump pump. If you pump is making abnormal noises, or too much noise it could be due to a variety of reasons. If your pump is humming for example it might have a broken impeller blade. if your sump pump is making sucking or slurp noises you may need to adjust its float switch. If your pump is banging around its often due to the discharge pipe banging against the wall or flooring, in which case you can add insulation to solve the problem.

Best Rewards Credit Cards for 2017

Searching for a bargain in 2017? Our friends from BestCreditCards.co compiled a new list of top credit cards for rewards and points, you can see their full ratings on their website or check out the abbreviated listing below. One thing that makes sense is to start the year 2017 by using your cards for your purchases and accumulating rewards points at the same time. The rewards card can help you to save a lot of money through cash back if you are able to meet their minimum points redemption requirements of the rewards program. The following are the top 5 best rewards credit cards in 2017.

1. Chase Sapphire Preferred
Chase Sapphire Preferred offers 50,000 signup bonus points which is equivalent to $625 when you spend a minimum of $4,000 within 3 months. There are 3 options when coming to redeem the 50,000 signup bonus points including airfare, hotel and cash. The annual fee for the card is $95 but it is waived in the first year. It offers 2x points on travel and restaurant purchases worldwide. Trael purchases include the accommodation and transportation fees. If you use the card for gas purchases at the local gas stations, you get to earn up to 2x points.

2. Capital One Venture Rewards

Capital One Venture Rewards offers 2x miles for every dollar you spend through the rewards program. It will reward you with 40,000 bonus miles when you make a minimum purchase worth $3,000. the 40,000 bonus miles is equivalent to a travel voucher worth $400. The annual fee for Capital One Venture Rewards is $59 but you don’t have to pay for this fee in the first year. The card is suitable for you if you like to travel or want a card that offers big sign up bonus.

3. Wells Fargo Rewards Visa Card
Wells Fargo Rewards Visa card offers new members the opportunities to earn 15,000 bonus points when they spend a minimum of $1,000. for every one dollar you spend, you will be rewarded with 5 points for 6 months after the account opening. The 15,000 bonus points can be used to redeem discount in your travel, cold hard cash or gift card. The card provides a 0% intro APR for a period of 12 months.

4. Barclay Arrival Plus
Barclay Arrival Plus offers an attractive signup bonus of 50,000 points when at least $3,000 is spent on your card balance within 90 days. The 50,000 points is equivalent to the value of $500 and you have several redemption options. The bonus points you earn can be exchanged with a statement credit, or merchandise worth $500. You can also use your bonus points to exchange for a gift card for your friend. On all the purchases you make with the card, you will earn 2x miles. The miles can be redeemed at anytime and no foreign transaction fee is charged.

5. Chase Freedom Unlimited
Chase Freedom Unlimited offers $150 bonus when your card is charged for a total amount of at least $500. it will reward you with a $25 cash back when you put someone as an authorized user on the card and make a purchase within 3 months. It offers 0% APR interest rate for 15 months and you will be charged with a variable APR rate of between 14.24% 23.24% afterwards. All purchases are eligible for a 1.5% cash back.

How Many Credit Cards Does Citibank Offer In 2016

Citi Bank offers 16 types of credit cards that are categorized in different categories including cash back, Aadvantage, ThankYou, Diamond, Expedia, Hilton and secured cards. Citi Simplicity is a standard credit card that offers 0% interest fee for up to 21 months. The normal APR rate of between 13.24% – 23.24% following the introductory period will depend on your credit score. The card can be used to perform balance transfer and the fee for each transfer is $3% or a minimum of $5. City Simplicity does not have any annual fee and it comes with features like identity theft, car rental insurance, extended warranty, zero liability for unauthorized charges.
Citi Double Cash card is cash back card that offers twice cash back on all your purchases which is 2% cash back of the initial 1% cash back you receive on all your purchases. The card provides an 18 months 0% intro APR introductory period for balance transfer. You only earn cash back on your purchases and not with balance transfers. If you want to qualify for the 0% intro APR for balance transfer, it is required that you transfer the balance within a period of 4 months. Citi Double Cash card does not have annual fee.

Citi Bank offers four Aadvantage Master credit cards including Platinum Select, Executive World Elite, Platinum Select World and Gold. Both Aadvantage Platinum Select card and Platinum Select World Mastercard allows you to earn 30,000 bonus miles if you spend $1,000 within a period of 3 months. Both cards charges an annual fee of $95 but you don’t have to pay for the annual fee in the first year. Aadvantage Executive World Elite rewards you with 50,000 bonus miles when you have spent $5,000 within the first 3 months. The card’s annual fee $450 which can be expensive. Aadvantage Gold Mastercard rewards customers with 25,000 bonus miles for spending at least $750 in 3 months after opening the account. The annual fee for Aadvantage Gold Mastercard is $50.

Citi Bank also offer four Thank You credit cards.
Citi ThankYou Preferred card offers 0% interest rate for 15 months and the annual fee is waived. With the Thank You Preferred Card, you get to earn twice ThankYou points when you shop in the restaurant and entertainment categories. Citi Premier Card rewards you with 3 points on each dollar spent on gas and 2 points on each dollar spent on restaurant and entertainment. Other categories of purchases will receive 1 points rewards for every dollar spent. The annual fee for the Citi Premier Card is $95.

Citi Prestige Card offers 3 points for air ticket and hotel accommodation, 2 points for dining and entertainment and 1 point on other categories of purchases. The card offers 50,000 points that is equivalent to a $800 American Airlines air ticket when you spend at least $3,000 in 3 months. If you don’t want to redeem for American Airlines, you can use the points to redeem a $665 air ticket on other airlines and $500 gift cards. Citi Thank You Preferred card for students offers 2,500 bonus points for a minimum spending of $500.

Signs Your Garage Door Needs to be Replaced

There is nothing wrong with chipped paint on your garage door. However, there are several signs that indicate a bigger problem. If you experience any of the following signs, your garage door needs to be replaced as soon as possible.

Delay in Movement: You have been using your garage door long enough to know how fast it opens and closes. There should not be a delay in this movement. If you start to notice it is opening and closing slowly, this could be the early signs of a problem.

The Door is Shaking: Your garage door is not supposed to shake when it is opening and closing. This usually means there are parts inside the door that are broken. Keep an eye on the door and make sure it is moving smoothly.

Strange Sounds: You are probably used to the sounds your garage door makes when it is moving. If the noise is louder than usual, or it is excessive, this is another sign that your door needs to be replaced.

Bills Have Increased:
When the insulation of the door is damaged, you may notice an increase in your bills. This can also happen when the garage door is just old. Replacing your garage door is a great way to keep the home warm without increasing your utility bills.

The Door Has Come Off The Tracks: The door sliding off the track is a big sign of wear and tear. It needs to be on the track in order to work properly. If you notice any shaking, delays or loud noise, double-check to make sure it is on the tracks. When it does come off the tracks, you can have specific parts or the entire door replaced.

It Stops Moving: Does your garage door get stuck while it is trying to open and close? Maybe it has stopped moving altogether. This is a bad sign, as it may not open and close again until it has been repaired.

If you notice any of these signs, it is best to contact a professional repair company immediately. You do not want to wait until the problem turns into a safety hazard for your loved ones or belongings. The damaged insulation or the energy it must use to open and close could cause an increase in your bills.

You want to hire a repair company with a good reputation and certified staff. The time and money will be worth it when you are not worrying about your broken garage door.

Top 3 challenges entrepreneurs face when tasked with starting an ecommerce business

Running a successful e-commerce business can be very rewarding, yet extremely challenging at the same time. Regardless of how great your product is, it can be difficult to get the word out, especially if you do not have a well-designed website and marketing strategy. We spoke with Don Marks with High Level Marketing, a company that specializes in designing websites and e=commerce web platforms.

Implementing the Right Content Marketing Strategy
People are consuming more and more digital content on a daily basis; on mobile phones, laptops, desktop computers at work, etc. According to the Content Marketing Institute, only 42% of B2B marketers believe they are effective with their content marketing efforts. Content marketing includes many branches such as blogging, social media, email-marketing, and so on. Entrepreneurs are challenged with understanding which branch works best for them, their brand, and most importantly, their customer.

Building Trust Simply Through a Website
Especially for e-commerce businesses, your website is your customer’s first impression…so how does it look? The design of your website is first and foremost meant to be built to attract the highest possible amount of new visitors from search results. If you have a poorly designed website, customers will not trust you and you will lose traffic. To build solid trust through your website, you need to make sure it’s visually appealing and easy to navigate (and of course, include great content about your products).

Not Mastering the Right Sales Funnel
A main challenge you will run into is understanding how your sales funnel works. You could generate a high level of traffic to your website, but often times, especially in the initial stages of an e-commerce site, your site will be delivering few or no sales. To figure out why you are losing potential sales/customers, you will need to have a clear understanding of your sales funnel. Your funnel is a directed path that your customers take from the time they first enter your site to when they make a purchase; it is simply understanding your customer’s navigation tendency. With that being said, your website should execute a given objective of the sales funnel. It must properly move your customers from page to page, leading them to a final purchase.

While the benefits of having an e-commerce website can be numerous, the challenges are visible. When it comes to ecommerce, keeping up with the pace of consumer interests and their needs is an ongoing process, with many challenges in-between in regards to how to effectively reach them.

Major Storms Leave A Path Of Destruction in Texas

After over a week of devastating and debilitating flooding, Houston residents were faced with a new challenge on Monday: the start of the Atlantic hurricane season. About 35 trillion gallons of rain fell throughout the state of Texas during the month of May, which equals out to enough water to cover the entire Lone State with 8 inches of water. These storms overflowed rivers, killed 22 people, and damaged more than 4,000 properties. If there is a chance that a hurricane hits in the next few weeks, Texas may not be able to keep up. The state is already dealing with swollen rivers, bayous, and reservoirs, and more rain could have deadly affects. Contractors from all over the country were working 24/7 helping to cleanup flooding, rebuild homes, repair mechanical’s and restore the lives of thousands of property owners.

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Meteorologists have already predicted that there will be about seven named storms this season, with at least three of them reaching hurricane status. If this does happen and it strikes Texas before the soil has a chance to dry out, things could get quite bad.

The ground is already very saturated to start the season. Texas hasn’t seen a major hurricane in seven years, when Hurricane Ike caused $29.5 billion in damage back in 2008. It was evaluated as the third-costliest hurricane in the United States, falling behind Katrina and Hurricane Sandy.
According to a senior meteorologist with the National Weather Service in Galveston, hurricanes produce four major threats that could adversely affect Texas: Heavy rain, storm surges, wind, and tornadoes.

Luckily, the coast is clear right now as far as weather conditions. This next week should be sunny, and the state is finally returning back to normal. The U.S Route 59 and the Katy Freeway into Houston were buzzing with cards on Monday, and residents were back on their bicycles.
Unfortunately, you don’t have to drive far to find evidence that a hurricane could completely destroy the Houston area. Off of the Brazos River in Rosenburg, a Houston suburb, a community park had literally become a lake. Swing sets were submerged and streets were barricaded, but that still didn’t deter drivers from stopping along Avenue A to take some pictures.

If a hurricane does in fact hit Texas in the next few weeks, Houston will especially be at risk. As far as topography, the city is low-lying, meaning that there is nowhere for the water to run. Because Houston is paved over, a hurricane’s storm surge or even heavy rains could be very problematic.

City officials need to begin preparing for floods and hurricanes at the same time by developing better drainage systems. Even though it isn’t quite certain if something will develop over the Atlantic in the next few weeks, it is still beneficial to be prepared since more rain at some point is inevitable.

A Judge in Harris County said that he hopes the floods inspired homeowners to ready themselves for a hurricane. He also applauded the emergency management system in the city and their quick response to the floods, but tried to make a point about the future. It is stated that these storms caused about $27 million in infrastructural damage, and that figure is expected to rise as the state continues to tally up the damages caused by the extreme weather.

Roadways in 167 of the state’s 254 counties suffered some level of storm damage in May, and at least 155 roads in Texas were still underwater or closed due to damages on Sunday following the series of storms that began Memorial Day weekend.

What Happens To Your Business If You File For A Divorce

No one ever goes into marriage expecting a divorce to happen but the sad fact is 52 percent of first marriages fail and end in divorce and upwards of 70% of second and third marriages end in divorce. Splitting assets, figuring out alimony is difficult but even more so when one spouse or the other owns a business.

For most business owners their business is their most important asset. You spend years making your business grow, developing business connections, leads and joint ventures. Yet thousands unknowingly create circumstances that can put their business at risk should they get a divorce. Depending on what state you reside in and individual circumstances your spouse could receive half of your business in a divorce. If you do not want your soon to be ex-spouse in control of 50 percent of your business as a business partner then you need to take steps to protect your business interests, if you did not protect your personal interests with a pre-nup, then there are still items you can address after you have been married.

Of course the methods I will describe to protect your business must be enacted well before anyone even mentions the dreaded D word or divorce. Some techniques take years to be fully effective such as transfers to an irrevocable trust. If you are just entering into marriage or are engaged now is the time to take steps to protect your growing or established business. If you are not yet married do a prenuptial agreement. If you are already married then the advice below will pertain to you.

Businesses are considered Marital property in the eyes of the law including but not limited to closely-held businesses; professional practices and licenses; and limited partnerships. Even if you had the business before your marriage most courts will count the business as marital property.

You potentially have one powerful tool at your disposal if you did not go for a prenuptial agreement. That tool is a postnuptial agreement. This is very similar to a prenuptial agreement but this one is made and entered into after the marriage. Many states however do not recognize postnuptial agreements. Postnups are more closely looked art by the courts since one party in the marriage is giving up property rights and because each party involved in the marriage must act in the best interests of their spouse. Since with a postnuptial one party is giving up rights courts will often challenge them.

You can form a Partnership, Shareholder, or LLC to ‘Lock-out’ Your Spouse from any interests in your business. You simply add a prohibition against the transfer of shares without the approval of the other partners or shareholders, as well as adding the right of partners or shareholders to buyout the shares or interest of the spouse in question should a divorce happen, which will allow you and your partners to buy out the soon to be ex spouse and maintain control of the business.

You can also pay yourself a competitive salary. If you do not your spouse can argue that they did not benefit during the marriage from the business, and then they can ask for a greater share of the business. This is especially true for those who keep reinvesting the proceeds back into the business.

If these other methods do not work for you or you could not enter into them fast enough you still have one more recourse, pay off your spouse. This can be done in several ways. You can use parts of your other martial assets during the divorce settlement to pay off your spouse with such as cash, stocks, real estate and the like. You could opt for a property settlement note which pay your spouse over the long term including interest until you have paid your spouse the value of their share of the business. The last option is to sell off the business and then split the cash from the proceeds with your ex spouse, which of course means no more business yet is sadly all to common.

Extreme Cold Weather Will Continue to Plague Much of the US

Even though millions of Americans are hoping for a break from the extreme cold weather that’s plagued much of the country, the National Weather Service says that the cold air will be sticking around for a while. In fact, record-breaking cold temperatures will affect those living in the Plains, Upper Midwest and Great Lakes this week. This latest round of frigid air is fresh off the heels of an arctic blast that brought the coldest temperatures experienced in decades for many areas of the country.

This latest blast of arctic air moved southward into the Midwest and Plains on Sunday. Wind chills were around -40 in parts of North Dakota and Minnesota Sunday morning. The actual temperature was an extreme -32 in Bottineau, ND Sunday morning, making that the coldest temperature in the Lower 48 states. By Monday morning, subzero temperatures reached as far south as Illinois, Indiana and Ohio. Lows around -30 were recorded in several areas in Minnesota, northern Wisconsin and northern Michigan while temperatures never got out of the teens and 20s below zero throughout those three states. Daily low temperature records were shattered Monday morning in several Midwest cities including Cleveland OH, Flint MI, Erie PA and Grand Rapids MI. In Michigan, actual temperatures dipped to -10 in Saginaw, Bay City and Midland, breaking the area’s record of -2. Meanwhile, the Great Lakes are freezing over just like Niagara Falls. Lake Erie is nearly completely frozen while Lakes Huron and Superior are about 80 percent frozen over.

The forecast for the rest of the week is no better as the National Weather Service says that it will remain bitterly cold across the Plains, Upper Midwest and Great Lakes throughout this week. Lows will dip below zero in many places with highs barely only reaching the double digits in many places such as Minneapolis, MN, Marquette, MI, Cleveland OH and further east in Syracuse NY.

By Friday, temperatures will remain far below average across the Midwest and Northeast with record lows likely once again. There is some good news coming out of the National Weather Service though as experts at that agency say temperatures will likely moderate by Sunday and Monday, even though the warmer air is going to be followed by yet another winter storm.

The Great American Income Gap Widens More In 2015

Today in 2015 the gap between the wealthy and the middle class and the gap between the middle class and the poor is widening even further. The affluent today can spend more and save more while the rest of the population is severely constrained. In the past Americans could easily leverage the value of their homes or other real estate for financial leverage but the leveraging of home values has sharply declined post recession.

Pre 1970s the United States the income distribution was relatively more steady. Households saw real gains yearly with their purchasing power as the economy grew stronger. People with higher education saw greater increases in income and higher education had a more realistic cost back then versus the rising and exorbitant costs of an education today. ironically the rising costs of education are in part due to the very thing that was created to help curb the costs of education, government funding and grants to colleges. Colleges started to increase their spending on unneeded programs and incentives to offer students and colleges soon found out that the more they offered the more they could charge. This of course coincides with the fact that since the 1970s the amount of adults with a university degree has declined. So where do we go in 2015? While some like the author here from InstallmentLoansNetwork.com believes you can still be debt free and prosper in the new year, the stark reality is that getting ahead with ones personal finances has never been more challenging as the 1% continue to see their wealth grow while middle class earners are on the decline.

Yet the demand for workers with a college education or skill sets that require trade school or other degree has steadily increased year after year. Yet less people were seeking degrees. At the same time people with less education saw their wages sit and stagnate. Politicians fight minimum wage increases every time it is brought up. Meanwhile those with a higher education see their wages rise. For those trapped with stagnating wages saw their purchasing power further decline with rising inflation and a Washington D.C whose politicians are in big industries pocket books and bank accounts to raise minimum wage to meet inflation. Thus both income distribution both purchasing power have became more skewed.

In the past these Americans with lower income could take advantage of real estate values which had risen and were rising precipitously. This allowed millions of Americans to leverage the increased value of their property. The side effect of this is that while it allowed greater consumption it also meant these same Americans were taking on more debt while their incomes remained stagnant. These Americans trapped in lower incomes helped to further fund the wealthy and then became trapped into more debt.

What is different between now and then? Well between 1949 post world war two and 1979 the bottom 20 percent of the poor and lower middle class saw their income increase by 20 percent, while between 1980 and today the bottom 20 percent has only seen an increase of 3.5 in income which does not even come close to matching inflation. Companies back then used to give raises and wages that were livable. Today greed is the number one factor. The only way out is a higher education that today comes at a staggering cost and a cycle of debt.

Also today the value of homes has decreased. Since the recession millions of homes have mortgage debt that far exceeds the equity and value of their homes. That being said a majority of Americans can no longer leverage the value and equity of their homes for increased spending power. This in turn means that less money is being spent and pumped into the economy.

Like a good article posted at NPR.org states, Americans today have two choices, pursue a higher education and assume massive debt over it, or start work right out of high school and accept living at a minimum wage that will never rise with inflation. A third possible option is those with lower incomes making smart investments but that is hard to do with a lower income.