Archive for

Loans for the Unemployed Are Helping Thousands Back to Financial Stability

For the millions of Americans who have lost their jobs over the past few years, the future must seem pretty bleak. Mortgages, personal loans and investments made while in employment have suddenly become very difficult to repay, and debt becomes a very real problem. Thankfully, for thousands, the availability of loans for the unemployed is helping to make a real difference.

It might seem a little strange that lenders are willing to approve loans to applicants who have no income, but there is some sound thinking in offering unemployment loans. The simple fact is that those who have lost their jobs are not simply out of the employment loop, and many find employment again within a few months.

For this reason, getting approvals for personal loans despite unemployment is not such an impossibility, with many of the problems that the unemployed face being accommodated by the terms of the loan. Rest assured, the lenders will make their profit, but there must be some flexibility shown in order to do so.

The No Income Problem

The biggest issue is the lack of income, a fact that should make the availability of any loan for the unemployed impossible. But there are some factors that change this perception. Firstly, most full time workers to have been let go by their employers receive redundancy. This means that the unemployed applicant actually has a large sum of capital, which can last much longer when used in unison with an unemployment loan.

Also, a new income can be secured within a matter of months, though it may be significantly less than previously earned. For example, an IT manager in a large multinational firm may have earned $60,000 per year, but there are employment opportunities at smaller firms offering salaries perhaps of $30,000. The chance of finding another income, though less, makes it plausible to approve a personal loan despite unemployment.

The Bad Credit Problem

Loans for the unemployed are available because every lender understand that the loss of a job, and therefore an income, makes meeting existing living costs more difficult. Everyone recently made unemployed will try to keep making their car payments, home payments and other loan repayments. Without the income to sustain these, falling credit ratings are inevitable.

While credit rating may be an important part of approving loans, with an unemployment loan it is the credit history that predated the loss of the job. If an applicant showed a perfect repayment habit before becoming unemployed, then it is highly likely they will endeavor to make repayments on time on this personal loan, despite unemployment.

Where to Go

Of course, the biggest question for prospective applicants is where loans for the unemployed can be secured. While it is tempting to visit a traditional lending institution, like your own bank, they are often shackled by strict rules. So, even if the applicant and the lending officer enjoy a good relationship and unemployment loan might not be approved.

Remember too that because of the nature of the loan, the limit tends to be quite low and the interest rate higher than normal. This means that shopping around is necessary, which means the internet is the best option. Here, a wide range of offers from online lenders can be compared quickly and easily. Also, the chances of getting excellent rates and terms on such personal loans, despite unemployment, are much higher online.

It might seem that unemployment can only end financial futures, but thanks to the availability of loans for the unemployed, those who have lost their jobs are helped back onto the road to financial stability.

OPAC Catalog: Oodles of Books in Your Reach

An online OPAC (open public access catalog) is the database of the books that a single library or a group of libraries possess and is available to all the users online. The purpose of such a catalog is to let the users locate the books that are physically present in the library. There are computerized records of books and other items that all the internet users can gain access to. In an OPAC catalog, the books belonging to the same category can be shelved together or in different areas of a library. Each one of the books is assigned a unique call number order and can be located by the same.

How useful an OPAC is?

  1. Makes Search an Effortless Process The users can search the database by inputting any combination of keywords: names of authors, book titles, subject names, formats, and even dates. This makes the search process as simple as ABC.
  2. Saves time An online OPAC expedites the search process, making it more speedy and hassle-free. This saves a whole lot of time for users of the library across the world on one hand as well as for the library staff (who may want to find what is placed where) on the other. The information is just a mouse click away…
  3. Gather Details of a Book Depending upon the search query that a user inputs in, the OPAC software can garner complete details of the item one is looking for.
  4. Relevance Ranking OPAC catalog uses sophisticated techniques such as relevance ranking (which helps in the retrieval of the results that match as close to the query as possible). Hence the results that are displayed on the top are those that are most relevant for you.
  5. Faceted Search With open public access software, you can acquire information based on the multiple filters; hence the data retrieved is based on different properties or details of the book rather than a single one.
  6. Better Interaction Online OPAC allows the users across the world to have better participation and interactivity in terms of reviews, feedback, and tagging.
  7. Union Catalogs OPAC software containing catalogs for consortium of libraries is termed Union catalog. It allows for the borrowing of books and other items across different libraries.

You can have the OPAC catalog installed in your libraries and have an easy and access to a comprehensive database of books, magazines, journals and periodicals present in your library.

Building Your Baby’s Library

As a new parent you will want to keep in mind that although selecting the right book is important it needs to be enjoyable to read. You will want to select books that you can read over and over again. As your selection grows you will be able to incorporate books that are perhaps seasonal. For example, books with a holiday theme, summertime theme, fall theme and the like. You may want to consider books with rhymes, animals and shapes to get you started.

Preparing your child’s library is not just about the books, it’s about training you for story-time. If you get started now you will already be on your way to scheduling time for reading. As new parents there is a tendency to become very busy preparing for the arrival of a new family member. But parents forget about the very important story hour. You may want to start out by just reading a few children’s books one hour before you go to bed. This is a good way to weed out books that you don’t like or that you wouldn’t want to read to your child on a regular basis.

Before you start spending a lot of money on the top of the line books, start at your local library. Librarians are a good source of information concerning books. They can help you select age appropriate books as well. Once you’ve become acquainted with your local library you can then start the purchasing process.

A great place to start buying books for the babies home library is at garage sales, flea markets, used bookstores and new bookstores. Being cost effective is important. Keep in mind there are lots of parents out there who are upgrading their child’s library. They will be getting rid of books their child has outgrown. Garage sales are a great place to get feedback on books. Moms are eager to tell about what their child liked or didn’t like about a book. It is also a great way to network with other mommies to get an idea of what they liked about certain books. You can also get a lot of suggestions of what to buy and what authors to keep an eye out for.

When you decide to start accumulating books doesn’t really matter as long as you do it. Getting your child down the path to reading and enjoying it starts at conception. Allowing your child to hear your smooth soothing voice in the womb will be as relaxing to your child as it will once they arrive. Bedtime stories are a great way for you to bond and get a child relaxed before bed.