Know Your Lender: 5 Important Points to Check When Selecting a Lender

Taking out a loan? Not so fast, there. Hopefully, you wouldn’t marry just anyone, and like marriage, loans are a serious commitment. You aren’t able walk away scot-free whenever you feel like it; it’s a legally binding contract.

True, your loan isn’t supposed to last a lifetime. But there’s still the risk of waking up a few months down the road and realizing you made a terrible mistake. Here are five things to remember as you try to choose a lender.

1. They should give you options.

Very few of us are experts at dealing with loans, mortgages, and the like. For the average person, it’s all a bit confusing. A good lender will alleviate this. They’ll tell you about various types of loans, and help you figure out which one suits your situation best.

A lender who refuses to explain something in simple terms is not your friend.

2. There are warning signs.

Did a lender offer you a much bigger loan than you expected? That’s actually not so good. Predatory lenders are known to catch people on the hook for more than they can ever hope to pay off. You also shouldn’t give them the time of day if there are a bunch of nonspecific fees, or if they advise you to fudge your financial status in order to qualify. 

3. You need a point of contact. 

This one is really easy. If you have to call a number and speak to whatever representative is available, it’s a no-go. You should be able to contact a certain department or person who can handle your questions. A good lender will never make you feel like some random stranger. 

4. They’ll be sizing you up, too.

Of course lenders want to know your credit score. But in addition to that, they might look at your work history, what you currently owe, and more. And even though you’re looking for a loan, they prefer it when you already have cash, particularly if you’re trying to get a mortgage.

With other kinds of loans, they’re also attracted to people who want to pay it off faster. You’re always more likely to be approved for a loan that you’ll pay off in a year than one that’ll take five. Having collateral or other valuables that could be sold off should you fail to repay is also an area of interest for them.

5. Consumers know best.

Never take a lender’s word for it when they tell you they have everything you want and need. Learn from people who have borrowed from them before, and you’ll know once and for all if it’s too good to be true. In addition, if you head to, you can see a list of specs as well as ratings.

When many people look into a loan, they’re focusing on how worthy – or unworthy – they think they will appear. While this does matter, it’s equally critical that your lender have attractive qualities, too. Make sure they demonstrate their expertise, that you can identify who you should be speaking to, and as always, read reviews and do your own research.

Accidents and Finances: Do You Know What to do if An Accident Happens?

Being in an accident can have lasting effects on your life. When you suffer injuries, it can make it even worse. While most accidents usually result in nothing more than a few minor bumps and bruises, they can also lead to more severe injuries like broken bones, head injuries, and severe lacerations. Every year, more than 41.6 million people have to visit an emergency room due to an accident, according to the Centers for Disease Control and Prevention. When you’ve been injured in an accident, due to someone else’s neglect, do you know what to do? Here are five things that you need to do after you’ve been injured in an accident.

Seek Medical Attention

The first thing on your mind after an accident should always be your health. Even if you don’t think that your injuries are bad, you should still seek medical attention. Your physician will be able to perform a full physical and determine if you have any more serious internal injury that may not be obvious, like a head injury or broken ribs.

Report the Incident 

If you’ve suffered from a slip and fall accident, you need to let the property owner know about the incident as soon as you can after the accident. If the accident happened at a place of business, make sure to get the incident in writing from the manager or owner of the property. If you’ve been injured in a car accident, report the incident to the police so that you have a written record of what happened.

Talk to Witnesses 

In any kind of accident, there are often witnesses who can attests to the events that led up to and immediately after the accident. If you can, try to obtain the witnesses’ information, so that you can speak with them later about what they saw. Your personal injury attorneys will also be able to speak with witnesses to gather more information and determine if they will speak on your behalf.

Gather Additional Evidence

According to The Law Dictionary, only four to five percent of personal injury cases go to trial. If your case happens to be one of the few that don’t get settled out of court, then you’ll need to have as much evidence of the incident as possible. Taking photos of the area where the accident happened can be extremely helpful. They can show unsafe conditions that existed or the damage that was caused by the other party.

Keep Notes on Your Treatment

As soon as you can after the accident, write down everything that you can remember. Writing things down will help you recall the event later on when you to participate in a deposition or in court. If you are in a litigated case, it can take years before you are in front of a judge or jury and you want to ensure that you remember the details.

If you’ve been injured in an accident, it’s a good idea to seek the advice of a lawyer as soon after the incident as possible. They can help you navigate the complicated legal process of filing a lawsuit and ensure that you get the compensation you deserve.

Social Media Screening Becoming an Essential Component of Social Hiring

For any company to achieve its goals and objectives, hiring the right employees is a fundamental aspect that the employers should consider. This is because the employees are directly responsible for the success or failure of the companies for which they work. However, finding employees that uphold the vision and mission of your company and that will propel the company’s activities towards achieving its goals is not a walk in the park. A lot of risks are involved, and therefore the employer must put top-notch caution before admitting any person to join their labor force.

Different media are used by hiring companies to get the required task force, the most common ones being advertisements through newspapers and other media houses. However, these channels come with their challenges; high cost of recruitment. This has given rise to a more convenient method of recruitment, which is social media hiring. This method has proved to be simpler and more pocket-friendly to the employers, and hence it has been rapidly adopted by many of them.

However, Social media hiring has been faced with a lot of challenges concerning the integrity and employees’ code of conduct. Employers are ending up hiring individuals that negatively contribute towards their organizations’ goals. Some of the individuals have been involved in unethical practices that have even resulted in companies being subjected to lawsuits and consequently paying steep prices for their employees’ misdeeds. Common employees’ misbehaviors include stealing of company’s discrete information that could jeopardize its policies, employee’s discrimination, and even sexual harassment.

The ultimate solution to all these challenges is the employers to perform due diligence on their candidates during the recruitment process and also after the employment. In this era and age, a lot of information regarding the employees is available both online and on social media platforms. Rigorous social media check and background screening should enable the employers to recruit employees of top-shelf integrity and also monitor their behavior after joining the companies. With social media screening offered by FAMA, employers can tell the candidates who truly deserve to be part of their task force and those that given a chance, would sabotage the principles and ethics of the company.

New Dawn:

Recently, an invention by FAMA has come to instill sanity in the risky employment environment. They have come up with a social intelligence device that helps the employer to critically assess the employment candidates during the hiring process to protect them from the risk of hiring unethical employees who would cause a backlash in the upholding the company’s mission and vision. The AI-based gadget has been integrated with all the candidates’ information that is readily available on the internet and also in the human resource department. This provides the employer with the relevant social intelligence to ensure that they hire the right people that will drive the organization’s objectives.

Apart from the hiring process, the solution provided by FAMA also protects the employer’s interests from the existing employees. FAMA helps the employer to identify behaviors that are risky among the employees. These include but not limited to discrimination, sexual harassment, and illegal access to sensitive information that could destabilize the operations of the company. FAMA conducts a rigorous social media screening to enable the employers to distinguish between the employees that can propel their company’s agenda and the ones that are not productive enough. With FAMA providing all the social media background check, employers now have no reason to fear or shun social hiring.