How to Get Fast Cash Using Your Assets
eTITLE ELOAN How To Get Fast Cash USING YOUR ASSETS With the grim and uncertain economy we have today, people need money more than ever. Check out this graphic that illustrates How To Get Fast Cash Using Your Assets and improve your economic situation. The Outstanding Public Debt As Of 2012 Is Over: $16,000,000,000,000 And Even Worse, Our Country Is Still Experiencing High Unemployment Rates Unemployment From Region To Region NEED WORK 5.1% 78% 8.3% 4.7% 84.3% 77.3% 6.3% 7.5% 2.9% 78.7% 6% 81.1% 5.6% 73.3% 73.5% 8.5% 78.5% 10.9% /80.2% 77.3% 7% 7.7% 4.3% 8.9% 78% 8.6% 74.4% 73.9% 5.4% 82.5% 82.8% 8.1% 76.5% 63.8% 5.2% 7.5% 3.8% 8.7% 8% 7.2% 77,3% 76.4% 71.8% 7.1% 78,5% 9.6% 79.2% 11.6% 76.4% 82.8% 6% 76.9% 8.2% 6.7% 80.6% 69% 8.2% 70.4%5.7% 78.8% 9.4% 80,7% 9.4% 76.2% 10.7% 78.9% 6.1% 83.5% 73.6% 76.8% 77.3% 6.9% 82.7% 8.1% 76.9% 8.2% 4.7% 7.2% 6.5% 78.6% 76.4% 74.6% 82.5% 7.8% 9% 8.8% 74.8% 80.1% 74.8% 7.5% 7% 80.1% 7.3% $74.8% 67.2% 8.6% 6.4% 80.4% 79.8% WHITE TEXT = % of Unemployment (example: Florida has an 8.6% unemployment rate) BLUE TEXT = Female to Male Earnings Ratio Unfortunately, men still make more money than women. The blue text shows the percent of income that women make compared to men. (example: Females in Wyoming only earn 63.8% of the salary that men make) Unemployment Rate Unemployment Forecast 10% 20% 15% 8% 9.1% 5.3% 10% 6% 5% 5.7% 0% JAN 2007 NOV 2012 4% 2011 2022 One Of The Best And Most Efficient Ways To Produce Cash Flow Is To FIND ASSETS An asset is something that you own that has a cash value: IRA Your Car Your Home Your Life Your Insurance Retirement Policy Fund HOME EQUITY LOAN. One way to get cash quickly is to borrow against the equity in your home. Example Equity is the total value of an asset minus any debts you have on the asset, such as a mortgage or auto loan. Home Value: Balance Owed: - 80,000 $200,000 65+ If you are of retirement Equity Amount :$120,000 age... CON Your home is on the line. If you are not able to make your mortgage payments, you could lose your PROS ...You may be eligible for a reverse mortgage, enabling you to access a portion of your home's equity immediately Access to a large amount of money for: • Investments • College Tuition • Car Down Payment · And Much More home AUTO EQUITY LOAN. There are a few ways to get quick cash using your vehicle: • Auto Equity Loan: Your car is used as collateral and if you don't pay the loan back, the lender can take your car. • Quick Cash Auto Loan: For this loan a vehicle you own out- right is used as collateral to borrow up to $2,500. • Title Loans: Require you to sign over the car you own outright to secure the loan. There's usually a 30-day term and must be paid in full within this time or you can lose your car. PROS CON • Quick Typically, these type · Easy • No credit checks performed, so those with poor credit won't be disqualified. of loans have a lot higher interest rates than other types of loans. LIFE INSURANCE POLICY LOAN. In order to borrow from your policy, you will need to confirm that your insurance policy carries a cash value. • Contact your insurance agent and learn about their loan terms. 100 • If you are happy with the terms, request the loan. • Have a plan for paying back the loan. PROS • No credit check • Loans are tax-free · Great loan rates • Loans are secured using existing cash CON The disadvantage is the policy loan decreases the death benefit and available cash values of the values policy BORROWING FROM YOUR IRA You aren't allowed to use your IRA for collateral, but you can access money from your IRA with what is considered a tax-free rollover. 60 The loan must be paid back within 60 days Days Once you reach 59% you can take penalty-free distributions from either a traditional or Roth IRA at any time PROS CON • No credit check If you don't pay the loan back it's subject to regular • Perfect for seniors income taxes and a 10% penalty if you're under age 59%. Plus, you lose the chance to put the money • Great for an emergency or short term loan. back. Sources http://www.brillig.com/debt_clock/ http://www.productivity501.com/borrow-from-your-ira/7425/ http://www.bls.gov/lau/ http://www.pay-equity.org/ http://www.bls.gov/opublooq/2005/summer/oochart.pdf http://www.money.cnn.com/galleries/2012/pf/1208/gallery.jobs-election.moneymag/index.html http://www.myplan.com/careers/top-ten/highest-paying.php http://www.mmhabits.com/assets-that-make-money-and-produce-cash-flow/ http://www.ehow.com/about_7366817_pros-cons-borrowing-life-insurance.html http://www.wikihow.com/Borrow-From-Your-Life-lInsurance-Policy http://www.ehow.com/about_5389681_auto-loans-vs-title-loans.html http://www.thesurvivorsclub.org/money/mortgage/home-equity-loans-pros-and-cons http://www.genywealth.com/leverage-assets-debt еTITLE ELOAN www.eTitleLoan.com eTITLE ELOAN How To Get Fast Cash USING YOUR ASSETS With the grim and uncertain economy we have today, people need money more than ever. Check out this graphic that illustrates How To Get Fast Cash Using Your Assets and improve your economic situation. The Outstanding Public Debt As Of 2012 Is Over: $16,000,000,000,000 And Even Worse, Our Country Is Still Experiencing High Unemployment Rates Unemployment From Region To Region NEED WORK 5.1% 78% 8.3% 4.7% 84.3% 77.3% 6.3% 7.5% 2.9% 78.7% 6% 81.1% 5.6% 73.3% 73.5% 8.5% 78.5% 10.9% /80.2% 77.3% 7% 7.7% 4.3% 8.9% 78% 8.6% 74.4% 73.9% 5.4% 82.5% 82.8% 8.1% 76.5% 63.8% 5.2% 7.5% 3.8% 8.7% 8% 7.2% 77,3% 76.4% 71.8% 7.1% 78,5% 9.6% 79.2% 11.6% 76.4% 82.8% 6% 76.9% 8.2% 6.7% 80.6% 69% 8.2% 70.4%5.7% 78.8% 9.4% 80,7% 9.4% 76.2% 10.7% 78.9% 6.1% 83.5% 73.6% 76.8% 77.3% 6.9% 82.7% 8.1% 76.9% 8.2% 4.7% 7.2% 6.5% 78.6% 76.4% 74.6% 82.5% 7.8% 9% 8.8% 74.8% 80.1% 74.8% 7.5% 7% 80.1% 7.3% $74.8% 67.2% 8.6% 6.4% 80.4% 79.8% WHITE TEXT = % of Unemployment (example: Florida has an 8.6% unemployment rate) BLUE TEXT = Female to Male Earnings Ratio Unfortunately, men still make more money than women. The blue text shows the percent of income that women make compared to men. (example: Females in Wyoming only earn 63.8% of the salary that men make) Unemployment Rate Unemployment Forecast 10% 20% 15% 8% 9.1% 5.3% 10% 6% 5% 5.7% 0% JAN 2007 NOV 2012 4% 2011 2022 One Of The Best And Most Efficient Ways To Produce Cash Flow Is To FIND ASSETS An asset is something that you own that has a cash value: IRA Your Car Your Home Your Life Your Insurance Retirement Policy Fund HOME EQUITY LOAN. One way to get cash quickly is to borrow against the equity in your home. Example Equity is the total value of an asset minus any debts you have on the asset, such as a mortgage or auto loan. Home Value: Balance Owed: - 80,000 $200,000 65+ If you are of retirement Equity Amount :$120,000 age... CON Your home is on the line. If you are not able to make your mortgage payments, you could lose your PROS ...You may be eligible for a reverse mortgage, enabling you to access a portion of your home's equity immediately Access to a large amount of money for: • Investments • College Tuition • Car Down Payment · And Much More home AUTO EQUITY LOAN. There are a few ways to get quick cash using your vehicle: • Auto Equity Loan: Your car is used as collateral and if you don't pay the loan back, the lender can take your car. • Quick Cash Auto Loan: For this loan a vehicle you own out- right is used as collateral to borrow up to $2,500. • Title Loans: Require you to sign over the car you own outright to secure the loan. There's usually a 30-day term and must be paid in full within this time or you can lose your car. PROS CON • Quick Typically, these type · Easy • No credit checks performed, so those with poor credit won't be disqualified. of loans have a lot higher interest rates than other types of loans. LIFE INSURANCE POLICY LOAN. In order to borrow from your policy, you will need to confirm that your insurance policy carries a cash value. • Contact your insurance agent and learn about their loan terms. 100 • If you are happy with the terms, request the loan. • Have a plan for paying back the loan. PROS • No credit check • Loans are tax-free · Great loan rates • Loans are secured using existing cash CON The disadvantage is the policy loan decreases the death benefit and available cash values of the values policy BORROWING FROM YOUR IRA You aren't allowed to use your IRA for collateral, but you can access money from your IRA with what is considered a tax-free rollover. 60 The loan must be paid back within 60 days Days Once you reach 59% you can take penalty-free distributions from either a traditional or Roth IRA at any time PROS CON • No credit check If you don't pay the loan back it's subject to regular • Perfect for seniors income taxes and a 10% penalty if you're under age 59%. Plus, you lose the chance to put the money • Great for an emergency or short term loan. back. Sources http://www.brillig.com/debt_clock/ http://www.productivity501.com/borrow-from-your-ira/7425/ http://www.bls.gov/lau/ http://www.pay-equity.org/ http://www.bls.gov/opublooq/2005/summer/oochart.pdf http://www.money.cnn.com/galleries/2012/pf/1208/gallery.jobs-election.moneymag/index.html http://www.myplan.com/careers/top-ten/highest-paying.php http://www.mmhabits.com/assets-that-make-money-and-produce-cash-flow/ http://www.ehow.com/about_7366817_pros-cons-borrowing-life-insurance.html http://www.wikihow.com/Borrow-From-Your-Life-lInsurance-Policy http://www.ehow.com/about_5389681_auto-loans-vs-title-loans.html http://www.thesurvivorsclub.org/money/mortgage/home-equity-loans-pros-and-cons http://www.genywealth.com/leverage-assets-debt еTITLE ELOAN www.eTitleLoan.com
How to Get Fast Cash Using Your Assets
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