Take a tour of our site and Request a quick online loan direct lenderThe moment of the Eid holiday is a moment that is quite draining because of the many needs that must be met. Expenditures on these Eid moments are often swollen because you need to spend more to buy clothes, food and THR money distributed to relatives. This often results in some people being faced with economic problems due to running out of funds. You don't need to worry if this problem comes to you, there are many solutions that you can do to overcome this financial problem, one of them is by finding an online loan provider. The more sophisticated technology does make people today can do many things via air or only through an internet connection. This method can indeed be said to be quite easy and practical so that many online systems are adapted for various types of community services. Outside financial institutions such as banks or cooperatives, there are currently also types of online loans that offer solutions for those of you who need to borrow money immediately. This online money loan provider allows anyone to access online payday loans direct lender without convoluted terms and processes. This convenience makes many people interested in utilizing online loan services which also triggers irresponsible people to carry out various types of online loan fraud. In order for you to avoid all forms of unsecured loan money fraud, you should follow the steps below:
Search for information from trusted sourcesYou can search for information directly to the closest person who has used this service or through various information available on the internet. Finding information with experienced people is much safer because the information obtained tends to be more accurate and reliable.
Pay attention to the sites of online money loan providersOn the internet, you can find many sites that offer money loans online, but not all of them are safe and can be 100% trusted. You should look carefully from the site of the loan service provider because the appearance of the site can more or less reflect the professionalism of the services of this loan provider.
Make sure the loan rules and conditions are clearly and clearly statedIt is best to drop your choice on the loan provider who has clearly explained the terms of the loan on his site. Transparency regarding the rules of the game can prevent you from various forms of fraud because all rules are written and can be accessed easily by anyone. You can make this written provision as a basis if at any time there is an incongruity or an indication of fraud
Make sure the service provider includes clear information about the address and contact number that can be contactedOfficial online lenders generally include clear information about office addresses and telephone numbers that can be contacted for complaints or other issues. Make sure you choose the services of a loan provider that has an official office and customer service number that can be contacted. You need to make sure that the address listed is not a fictitious address and there is indeed a physical form of the office building. Now you can check the correctness of this address easily with the help of online maps. If all of these things have been fulfilled, then you can give the confidence to apply for loans on certain sites. After finding a trusted lender you must also comply with the rules and regulations that apply and return your loan online on time.
Your work projects include the renovation of the bathroom? Italian shower, jacuzzi or washbasin double sinks, take the time to clarify your project. By establishing a precise budget, you can anticipate your need for financing and adapt it according to your available funds or provide a payday loan work if your budget is not enough! In any case, do not forget to take into account the specific constraints of a bathroom.
Choose your bathroom renovation workWhat bathroom renovation work do you want to do? In order to determine your budget, you first need to define your needs. The most common projects involve the installation or removal of flooring or wall covering: tiles, vinyl, PVC, paint... They can also include electrical work if it is question of lighting, or of plumbing in the case of installation or replacement of sanitary elements. Are you replacing a bathtub, a shower, a basin or a sink? Also plan the removal of old equipment, or even the adaptation of the installation.
Plan the right budget worksIf you know about plumbing or electricity, you can complete your bathroom renovation projects yourself or use the skills of your family or friends. This will significantly reduce your costs. There are also platforms that connect individuals with DIY skills and can help you at a lower cost. However, be careful to surround yourself, an intervention on plumbing or electricity can be risky and ultimately cost more. Carefully establish the list of works and the corresponding budget, with requests for quotations also received from professionals on sectors. Whatever happens, avoid low-end equipment for faucets. If you want to save money, it is better to focus on decorative elements or furniture. With all this information, you can adapt your desires to your budget: personal savings, family assistance, or need a loan work to finance larger projects.
Do not forget the constraints of renovating a bathroomA bathroom is a bathroom, so a wet room. As such, you will not be able to put any wallpaper or flooring on it. There are also paints that meet the particular constraints of humidity. Whatever your choice, carefully check the characteristics of the chosen materials and take care of the tightness of the joints. The detail not to be forgotten in the renovation of a bathroom ? The installation of a VMC, if the room does not have one: a good ventilation is essential to optimize the resistance of the materials and to avoid visible damage only a few months after the works.
- The performance of eco-friendly investments is comparable or even slightly better than that of traditional funds
- The Ecological and Responsible Asset Selection Method can, however, reduce the diversification of your investment portfolio
- In order to reduce management costs, the use of ETF ISR is recommended
SRI performance: comparable to, or better than, traditional funds
What does academic research say?Several studies have been conducted to measure the performance of green and socially responsible investment funds and all go in the same direction: the use of responsible investment criteria is neutral on performance. In some cases, these criteria even have a positive impact on performance. Yet this empirical result is counterintuitive. It even goes against the financial theory. By excluding certain companies from their investment universe, for ethical reasons and not for financial reasons, such as those selling arms or tobacco, these funds are depriving themselves of potentially performing financial securities. To be sure of their claims, researchers have compiled more than 80 economic studies on the subject allowing to have a global vision on all asset classes (stocks and bonds) and on all areas geographical. The authors of this meta-analysis conclude: "There is no performance penalty for investments made on the basis of ESG (Environmental, Social and Governance) criteria".
More efficient eco-responsible stock indexesIt is also possible to measure the performance of eco-responsible investments based on that of the SRI indexes that have been developing for several years. These indices function as traditional indices except that they filter certain companies according to environmental and social criteria. Comparing these SRI indices to traditional indices, we realize that there is no penalty for ecological and responsible investment. As an example, the evolution of the price of the Euro Stoxx 50 index and its SRI equivalent, the Euro Stoxx ESG Leaders 50 indicates that the latter is more efficient although very strongly correlated to the standard index. This observation is identical to that which could be made for the equity indices of the main geographical areas. Compared performances of the Euro Stoxx 50 and Euro Stoxx ESG Leaders 50 index
Varied management methods with not always identical performances
Inclusion vs. exclusionThere are several methods of investing SRI. The most common is the so-called "best in class" method, which consists in selecting, in each sector of activity, the best-rated companies in terms of ESG criteria . On the other side of the spectrum, so-called exclusion methods will voluntarily exclude sectors considered as harmful. If today, most funds use a combination of exclusion and inclusion with an emphasis on the latter, it has been shown that purely exclusion methods are, they, detrimental to the performance because too restrictive on the investment universe.
A less good diversificationIf the exclusion method is less efficient it is because it strongly reduces the diversification of the fund. The same is true for thematic methods, which, for example, will invest only in renewable energies or in companies specializing in water treatment. By focusing on a specific industry, these methods reduce the number of companies invested and increase the impact of a failure on one of your investments. They expose you to a sectoral macroeconomic risk, which could harm all companies of the fund and deprive you of successful companies, whose impact on the environment is positive but whose economic activity is different.
How to build an efficient eco-responsible investment portfolio?
Maintain good diversificationOn the whole, SRI funds perform just as well as traditional funds. On the other hand, as we have seen, some funds may lack diversification. In building your portfolio, care must be taken to maintain a good level of diversification:
- choose several "best in class" funds to cover all geographical areas (European equities, US equities and emerging market equities);
- avoid funds whose geographical coverage is too limited, for example French equity funds;
- limit thematic funds to only part of your portfolio.
Reduce costs with ETFsAs with conventional funds, attention should be paid to management fees and potential entry fees or outperformance fees. These fees reduce the performance of the fund accordingly. In this sense, index management, ie the use of ETFs (also called trackers) is more efficient than traditional management. Fortunately, in recent years the SRI ETFs have become more democratic and it is now possible to design a globally diversified allocation made up of ETFs only, the fees of which will not exceed 0.4% annually (compared to 1% to 2% for traditional funds). . So all the tools exist to reconcile financial performance and ecological and social performance of your investments. To find out why ETFs are preferable to traditional funds .
What Nalo does for youNalo is an investment company dedicated to individuals. When we support you, you can choose an eco-responsible investment portfolio composed exclusively of ETF SRI. For you, we take care of implementing an investment strategy that corresponds to your objectives and your heritage environment. Your investments are realized within a life insurance in order to profit from a favorable taxation . You can make a free investment simulation on our website .
Not having economic solvency is a situation that, although it is not pleasant, should not make you lose your temper. In fact, many people experience it at some point in their lives. Actually, what you should do if that situation occurs is to ask you a question: is my insolvency permanent or temporary? Depending on the answer, the solutions (that there are) are different. In this article we tell you what you can do to get ahead in both cases and how Count Fosco can help you.
Permanent economic insolvency: what to doThe first thing you should do in this case is to recognize that you have a problem. With solution, but a basic problem: in your balance of expenses and income there is something that does not work and causes the former to be superior to the latter. And since it is a problem with two faces (expenses and income), you can correct the situation by either way. On the one hand, thoroughly review your expenses. Receipts for supplies, service bills, purchase expenses, subscriptions, rent or mortgage on the house, etc. There will be some that can not be touched, but there will be others that can. It reduces its amount or directly dispenses with expenses that are superficial or less important. If the situation improves in the future, you will be able to treat yourself to enjoying them again and it will be as if nothing had happened. On the other hand, you can try to increase your income. If you have a job, the easiest thing (and also the most sacrificed) is to do extra hours, although for a long period of time it can be excessively hard. Meanwhile, you can prepare another better solution: expand your training and aspire to a better paid job, either in the same company, in another sector or even independently. And if you do not have a job, with more reason you should improve your training while you are looking for a job with more zeal.
Without temporary financial solvency: how to get out of the wayNot having financial solvency temporarily is not a pleasant situation, but certainly not a major problem, at least if the need for money is not too high. There are many solutions at your fingertips, whether you need them immediately or not. One of them is online microcredits , such as those that you can request in Count Fosco: indicate amount and term, fill out the online form and you can receive up to € 750 in your bank account in less than 15 minutes clock, if all the data provided are correct. This solution is valid even if the debt in question is already firm and the company that claims it has included you in a list of defaulters as ASNEF. For Count Fosco and its lenders, the fact of being registered in this type of files is not enough reason to deprive the client of his right to personal financing . Each case will be assessed individually and other circumstances of the applicant will be taken into account, such as their level of income, the nature of these (payroll, pension, unemployment benefit, etc.) or the possibility of presenting a guarantee as collateral, something that neither it is obligatory Another option is that of pawnshops , the sale of gold or second-hand stores. They allow you to get money with objects that you have at hand in your own home, but they have some disadvantages: you will have to get rid of items of great emotional value, such as jewelry, the money you will receive is significantly lower than its true market price and in many cases You will not receive the money immediately. Depending on the expense caused by the insolvency, there are other solutions. For example, if it is too high a bill, you can negotiate with the company in question a postponement of the payment . Some companies, especially energy companies and telephone companies, provide facilities to carry out this procedure, sometimes without interest. They prefer to reach an amicable agreement with the client before initiating an administrative process to claim the debt and include the user in a list of defaulters. Another similar option is the fractionation of the debt, which can also be without cost or with low interest. Negotiate with the company what installments and installments fall within their plans. Beyond these options, all viable and typical of any adult, there are other more informal and much less recommended. For example, take a hand of savings , if you have, or ask for money from family and friends , with the drawbacks that this generates: bad drink for those who request it and tension in the relationship of trust between both people. Analyze all these options to solve your lack of economic solvency, permanent or temporary, and choose the one that suits you from an economic and emotional point of view.
Although the business economy is composed of numerous concepts, some of them really complex, there are two of them that you should master from the first day: liquidity and solvency. Although they may seem synonymous, in reality they are not. And for the operation of your business to be correct, it is not enough that only one of them enjoy good health, but that both must be maintained in appropriate values. In this article we will focus on the liquidity ratios , which are really indicators to know if you have treasury problems in your business. While solvency refers to the profitability of a company in the long term, what concerns us in this article has to do with the short term. Or what is the same: liquidity, which means the ability of a company to have money available to deal with their immediate payments, such as payroll, suppliers or rent the premises. To measure this, the most popular of the liquidity ratios is the one that responds to the following formula, whose result should be greater than 1: Liquidity ratio = Current assets / Current liabilities
Other concepts related to liquidity ratiosUnfortunately, cash flows are very variable, so the previous formula can give wrong results depending on the moment in which the calculation is made. That is why we speak of average cash periods . Although it is not a ratio as such, it must be taken into account: it is necessary that the average period of payment to customers be adjusted with respect to the average period of payment to suppliers, employees, etc. Therefore, it is necessary to calculate it. The coverage ratio is also another very useful indicator to manage, although in this case it is more complex. The central idea is that certain income should serve to 'cover' certain expenses. Stated more specifically:
- Commercial debts must be faced with the commercial activity itself (collection from clients)
- Financial loans must be met with cash flows
Liquidity ratios: How to get it when there are treasury problemsAll businesses, especially at the beginning of their business, have cash or liquidity problems at some time . If it becomes a chronic or permanent problem, the viability of the company will be compromised. If it is a specific problem, no. In fact, there are different ways to solve a particular liquidity problem. One of them try to convert current assets into circulating money. This is not difficult, unlike the so-called 'immobilized' assets, which require at least a year to complete this process. The problem is that converting these current assets into money can be a strategic problem for the company, since these current assets can be funds reserved for investments or for other structural items. There is another method, simpler and more immediate, to solve these problems of liquidity ratios. They are microcredits , which can be obtained without bureaucracy in Hank Morgan. Its operation is simple: you request a quantity of money and you indicate a term, you transfer the money to your account in a matter of minutes, you use it in whatever you want and you return it within the indicated date, normally in an immediate future also. Logically, it is a service that has a cost, but it brings important benefits to the company:
- Being a punctual operation (collection and payment in a short period of time), it does not alter another important ratio, which must also be under control for the proper functioning of the company: the financial debt ratio . Long-term bank loans do compromise this indicator.
- They grant low amounts : to process a bank loan, normally a large amount of money must be requested, with the inconveniences that this generates. But these online loans can also be processed if the needs for liquidity ratios are low, precisely what usually happens with treasury problems
- They can be processed for any purpose : while bank loans are usually associated with a specific purpose (acquisition of machinery, vehicles, investments, etc.), in the case of microloans it is not necessary to indicate what their purpose is.
- In many cases the debts incurred by the applicant, be it an individual or a company, are not taken into account . The corresponding delinquent listings would be ASNEF and ASNEF Empresas. Being part of them does not have to be an impediment to access these credits.
The essential :
- Life insurance fees consist of management fees and operating expenses, to which must be added the costs of investment vehicles.
- Pay attention to retrocessions that may skew the recommendations of your bank or financial advisor.
- With Nalo, the fees are up to 2 times lower than those charged by banks and online banks.
What are the costs when investing with life insurance?When you invest with life insurance, the fees are broken down into three parts: contract management fees, transaction fees, and indirectly, investment support fees.
Contract Management FeesThe life insurance policy's management fees remunerate the insurer, the broker or the bank for their day-to-day management of the contract. They are proportional to the total amount of savings achieved on the contract. Their amounts usually differ according to whether they concern the part of the investments made in the fund in euros (guaranteed capital funds), or on the units of account.
Operating costsMany life insurance contracts still have entry fees. These are charges levied for each new payment, in proportion to the amount paid. Some contracts also have arbitrage fees. You pay these fees when you change the allocation of your investments. All players in life insurance do not charge a transaction fee. However, this is often the case in network banks and private banks.
Investment management feesIn life insurance, you can invest in the fund in euros but also in many other investment vehicles that are called "units of account". These are generally investment funds, ie "baskets" of stocks or bonds. The fees of the investment media pay the investment funds for the management of these baskets of securities. These costs do not relate directly to the life insurance policy, so they are rarely explained by the bank or the insurer. They nevertheless decrease the performance of your investments and are not negligible. The best way to know the fees applied to each fund in your allocation is to refer to the KIID (Key Investor Information Document).
Mandate feesIt is possible with many life insurance players to have a contract under mandate management. That is to say to delegate the management of his life insurance. Additional fees must be added. For more information on discretionary management, please read our article: Decrypted Money Order Management
Retrocessions and conflicts of interestThese "hidden" fees, collected by the investment funds, are also used to remunerate your bank, your broker or your adviser in the form of retrocession. In other words, in addition to the fees posted on the life insurance policy, your bank receives a portion of the fees charged on each fund. In addition to the lack of transparency, it is difficult for your advisor not to encourage you to choose a fund based on the retrocession it will receive. This is all the more true as some funds have much higher retrocessions than others. They can account for more than half of management fees on investment vehicles. Finally, be aware that many banking groups have their own investment funds. Some even offer only investment funds managed by their subsidiary. In order to limit these conflicts of interest, a European directive, MIF 2, calls for the abolition of retrocession. However, this directive is still not applied in the context of life insurance.
Comparison of fees applied by life insurance players in France
Traditional actors: network banks and private banksTraditional players are generally the ones with the highest fees, averaging fees for a unit-linked contract of 3 , 9% per year (by smoothing transaction costs). On average, the fees of these banks break down as follows:
- management fees for your life insurance policy: between 0.9% per year for the euro fund share and 0.9% for the unit-linked portion;
- agency fees: 0.87% per annum;
- upfront charge: up to 4.5% per installment;
- arbitration fees: 1.58% by arbitration;
- media management fee: 1.72% per annum.
Banks onlineOnline banks have reduced the cost of a life insurance policy by eliminating transaction costs. On the other hand, they still practice high management fees composed of:
- management fee for your life insurance policy: 0.75% on average per year for the euro fund and 0.7% for the unit account;
- media management fees: 1.7% on average per year;
- agency fees: 0.1%;
Nalo and fees
FeesWith Nalo, your unit-linked investments generate average fees of 1.65% per year versus 2.65% in an online bank. Despite lower fees, we offer better support. We regularly optimize your investments according to the economic situation, we adapt your investments according to your patrimonial situation and we secure them gradually according to your investment horizon. It is thanks to the advanced use of technology and the use of index-based investment vehicles (also known as ETFs ) that we offer you a better service at a better price. In detail, the costs break down as follows:
- 0.85% per annum for the management of life insurance (unit of account and funds in euros);
- 0.55% per annum of additional management fees associated with the management of the units of account;
- only 0.25%, on average for investment media.