Tips to Send Money to India Cost-effectively

Are you settled abroad? Do you have to send money to your family on a monthly or weekly basis? If the answer is yes, then you may want to research and find the best way to transfer money, especially if you are sending funds for the first time.

There are several reasons why you would want to send money abroad:

You can send money to your family every month for everyday expenses
You can send money to buy a retirement property
Money can be sent to your child studying and living abroad
It can be sent as a wedding gift to your relative or for medical purposes
Irrespective of the reason, your remittance experience should be easy, quick and hassle-free. It should also be cost-effective. Here are a few tips to make this happen:

There are a few important factors that you should be aware of when you send money to India:

Affordability of the remittance method
Safety and security of your money and personal details
Reliability of the remittance method you have chosen
Knowledge of the remittance procedure
It helps to understand the ins and outs of international remittance because it will help you save time as well as money. For instance, you need to be aware of the exchange rates you are getting. Exchange rate is the biggest fee when sending money internationally. So make sure you are comparing rates being offered by different banks and money transfer agencies before making a choice. There are several websites on the internet from where you can compare the rates by different agencies under one roof. Comparing rates will help you get the best rates. Getting competitive exchange rates will ensure that the recipient gets maximum of what you are sending.

Another important tip to make your international remittance cost-effective is to look for low transfer fees. Even if you get competitive FX rates but the transfer fees is high, your remittance will become expensive. So look for an agency that is charging you low transfer rate to India.

Security is very important when sending money internationally. For instance, you need to use a secure device for initiating transfers. Be it your laptop, smartphone or tablet, if your device isn’t secure, it might put your money at risk. Make sure the device has latest anti-virus installed. Another way to ensure security is to have a strong password for online banking. It shouldn’t be easy to guess. Keep a combination of numbers and alphabets and never share it with anyone.

The best way of transferring money is to choose your bank. Banks are the safest way of sending money from one country to another; however, banks charge a high transfer fees and their FX rates are also not that great. So, look for an online remittance agency. There are several reputed agencies that offer this service at a low cost. Just make sure to read the reviews of shortlisted agencies before making a choice.

A Brand New Luxury Home in Hualalai That’s Built Like a Resort

At 72-433 Kaupulehu Drive 3 in the upscale Hualalai resort community sits a brand new home with the hefty tag of $12,499,000. Once one enters its iron gates, however, it is easy to understand what the price is all about.

In truth, this luxury home is a cross between a house and a resort. With an interior area of 6,402 sq ft, 5 bedrooms and 5 ½ baths, this property is clearly built for accommodating friends and loved ones over – and in style, too.

What greets a visitor first is the large and splendid,modern-lookinginfinity-edge saltwater pool. A few steps away is apatio shaded by a mahogany trellis, and appointed with long plush chairs where one can imagine guests will be having drinks during cocktail hour.It leads to a spacious living room, which is as elegant as it is relaxed: a sofa set in off-white surrounds a beautiful light brown divider adorned by vases and trays. On the other side is a dining set that’s two steps away from the kitchen.

Further to the right is another living area, with more seating, and a large flat screen TV. There is also an outdoor kitchen and dining area, for meals backdropped by the perfectly manicured lawns, and with fresh air blowing from the ocean and the hills.

Every nook and cranny of this home has been decorated with great care. Some of the ceilingsare vaulted; others are cofferedand wrapped in grasscloth. Alternatively, guests can turn to another side and see large glass walls offering a breathtaking view of the outside. Finely crafted ceramic vases and other table decor s are placed on the tables and on ledges on the walls.In between the home’s living rooms are paved patches of grass and ornamental shrubs and palm trees that give the occupants a touch of green.

Bedrooms have been decorated with a neutral palette and afforded with a view of the ocean, the ocean horizon, or the golf course. Where there is no scenery, rock gardens have been placed and carefully tended to provide a lovely view.Above the tufted headboards are exquisitely framed paintings that bring another dimension to the room.

In the eat-in kitchen, six low-hanging pendant lights are as chic as the sculptural white tufted stools. Not far away are low-backed upholstered chairs and a long table, a set in dove grey. It is a professional-grade kitchen: countertops are in marble, and appliances are by Wolf, Sub-Zero and Miele – ideal for whipping up meals for large gatherings.

There are, too, these other things of beauty around the house: A capiz chandelier that hangs above a freestanding bath tub. A huge walk-in closet. Basalt waterfall. A home spa. Walk-out shower gardens. Bathroom fixtures by Blu Bathworks. Outdoor barbecue and bar.

Pros and Cons of Availing Bad Credit Loans from the Online Lenders

We face so many inevitable financial problems throughout our lives. Sometimes, it is really difficult to overcome a crisis due to the lack of the sufficient funds. We can’t expect our friends and relatives to help us with the interest-free money every time we face the crisis.

Having a bad credit history is a big hurdle to get any financial help from the mainstream lenders and banks. They are reluctant to help us due to the high-risk involved with the lending. They agree to lend only when we submit our valuable assets to them. However, this solution is not feasible for the applicants who are bankrupt or tenants.

Are Online Loans Reliable?

Nowadays, loans for bad credit with no guarantor have become quite popular among the UK people. Various online lenders promise to offer guaranteed funds with no extra fees. Surprised? Well, yes! They are indeed offering such attractive deals. However, the question is – are these financial alternatives reliable? Is there any chance of an online fraud?

Bad credit people who are in the midst of a financial crisis can’t afford to get into another trouble by applying for a loan which is not legitimate or reliable. However, not all deals are same. Many reliable lenders offer genuine lending solutions to the poor credit customers.

Let me honestly summarise pros and cons of availing bad credit loans from the online lenders:

Pros;

You are not required to go anywhere to get these loans. This is a huge relief to the people who don’t have time to stand in a queue outside the office of a mainstream lender or bank. You can easily apply for these funds from the comfort of your bedroom.
Most of the online lending companies don’t require any kinds of documents. You just need to fill some basic details on their websites. There is no need to courier/fax hard copies or attach the scanned documents along with the filled web form.
Unsecured lending options for the bad credit borrowers are completely risk-free. It means you don’t have to pledge your valuable asset with the online lender. You get the required funds with no collateral.
Every borrower strives for the quick approval. Earlier, it was such a frustrating dilemma to get the required approval from the typical offline lenders. They used to take decisions in 7 days to a month. Now with the advent of the financial technology (FinTech), getting the fast approval has become possible.
You stand a chance to solve your financial crisis on the same day of applying for the online poor credit funds. Some reliable lenders take instant decisions and quickly transfer the required amount directly into your bank account.
You can get a cheaper deal as numerous FinTech companies compete with each other to offer bad credit lending solutions.
If you have a poor credit rating, then submitting the latest credit report is embarrassing. However, you can avoid this step by applying with any of the credible online lenders. They usually approve the loan applications without doing the credit check.
Lastly, you can’t improve your poor credit score overnight. You require a lot of patience to rebuild your score. You can transform your credit score by making timely repayments of these availed online loans for poor credit.
Cons;

We have to accept that the unsecured financing options are not that much cheaper as advertised by the FinTech companies. You have to cough up a slightly higher APR as compared to the interest rates charged by the traditional offline lenders.
The risk of hidden charges is higher. Most of the FinTech companies boast of offering viable financing options with no hidden charges. However, some of them surprise you with the extra fees during the tenure.
Well, if your lender is not reliable then he may leak your personal information or share with other lending companies for the business purpose. You can avoid this risk by choosing a reliable lender who uses the secure platform and assures complete confidentiality.
Sometimes, due to the presence of the lender fees, a cheaper deal becomes costly. Not all the representative APR examples present on the lending websites are authentic. Always, use a reliable loan calculator to know the exact total cost.
Ratings and feedback present on the websites are not always genuine. They may mislead and lure you to apply for the loan. Be a smart borrower and never trust all the written words blindly.
The ease of availing these funds makes you a habitual borrower. You tempt to borrow even when you don’t need them. It increases the total debt on your head and chances of getting bankrupt are higher.
A financial crisis can strike you anytime and applying for a loan is not always a good idea. Try to maintain a contingency fund for the unseen expenses. If a situation is unavoidable and goes out of your control, then apply for an online loan for bad credit with no guarantor by choosing the reliable online lending company only.