Use Federal Grant Money to Pay off Personal Loans and Debt

As more and more people find themselves unemployed in our contracted economy, the government has been charged with the responsibility of finding a solution. One option is the numerous government grants aimed at stimulating the economy. The federal government sets aside billions of dollars every year to fund these grant programs.

Grants can be awarded to states, cities, government institutions, private organizations, and individuals. All it takes is a little homework, and you too can find debt relief from grant money. Search government web sites to locate available opportunities. It should be noted that not all available grants are listed as such. Investigate other keywords such as "benefits" and "domestic assistance."

Most are familiar with government funding programs like Social Security where funds are automatically distributed to those who qualify. Government grants differ in that applicants must seek out the program and make a formal application. These grants fall into 15 categories; 7 financial, 8 non-financial. In order to determine what grant is right for you, you will need to understand these categories.

Grants paid directly to the private sector (individuals and private institutions) can be specified or unrestricted. Direct Payments with Unrestricted Use are cash awards given directly to beneficiaries who meet all the qualifications without any restriction on how the money is used. Direct Payments with Specified Use are grants given to beneficiaries for the express purpose of subsidizing an activity.

Project Grants are aimed at specific projects and are only funded for a fixed period of time. Usually these grants are awarded to scholarships, researchers, traineeships, construction, and fellowships. Formal Grants are money allocated to states in accordance with distribution formulas designated by the law (i.e. the Food Stamp programs).

Grants can be distributed as loans and insurances. The grant category called Direct Loans refers to the government loaning money to beneficiaries for a specific period of time. These loans may or may not require a repayment of interest. Guaranteed Loans are where the government agrees to pay part or all of any defaulted loans to a lender. Insurance is when the government assures reimbursement for losses.

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Credit Card Balances Affect Credit Scores

Getting confused about how to use your credit cards for the best effect on your credit scores?

You know you need credit card accounts - you've been cautioned not to close any accounts, especially your oldest accounts.

You've heard that you shouldn't carry a balance of more than 30% of your available credit in a given month. You know that if you do charge more, you should go on line and make a payment before your monthly credit card statement is generated.

But, do you need some kind of balance on those cards each month?

It turns out that yes, you do. But you don't need to carry that balance and pay interest on it. The best strategy for using a credit card to raise your credit scores is to use it each month for some small purchase - and then pay the balance in full when your statement arrives.

This demonstrates that you're using credit wisely and paying your bills on time. That factor is one that has frustrated more than one cash purchaser when they've tried to get a mortgage loan.

Many cannot understand how they can have poor credit scores when they don't owe a dime. But not owing a dime doesn't prove a thing to creditors. They want to see that you can owe, and then pay as agreed.

Thus, seeing a small balance and a notation that indicates "pays as agreed" looks better and will improve your scores more than seeing no balance. 35% of your FICO score is based on your payment history - how you handle debt.

Your credit card debt is reported to the credit bureaus when your statement is generated each month, so the dollar figure that you owe on that day is the number that's reported.

That's why it's so important to pay large balances before the statement is generated. The way credit reports are set up, no one can see that you charge $4,000 in business expense each month, and then pay it in full. All they see is the $4,000 balance. If the credit limit on your card is $4,200 - it looks like you've borrowed to the maximum.

30% of your FICO score is based on the amount you owe vs. the amount of credit available to you - so keeping debt under 30% of available credit is a huge boost to your scores.

If you think you may want to use credit in the near future, start using your credit cards as a tool to boost your credit scores. Sometimes just a point or two can make a difference in the interest you'll pay.

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Trade the Forex and With 100% Accuracy!

If you have been interested in making some serious money with the Forex then in my opinion this is the how to trade the Forex market... utilize revolutionary, scientifically advanced technology that gets the job done for you 24 hours a day for 5 ½ days - Sunday thru Friday.

Most of us don't have the luxury of lots of time to burn up reading books, and studying volumes of detailed analysis of how to trade the Forex market, so computer driven Forex artificial Intelligence (Forex AI) has come to the rescue!

Some experts in the field of currency trading

may be too pure at heart to jump all over this kind of technology and embrace it. However, those of us who want, need and are determined to make the big bucks without blowing a mental gasket or burning up all of our investment money welcome a simplified way of conquering the Forex.

Did you know that some Forex artificial intelligence (AI) programs can race through weeks and months without losing a single trade? So, why in the world would you not want to embrace something like that?

I am not by any means saying that all such technology can do this, but at least in my personal experience, I have seen it and experienced as well as a couple of my friends. I am talking about results that are truly staggering and mind-boggling!

The bottom-line for us, this is how to trade the Forex market and make boat loads of cash and the Forex AI program allows for excellent money management strategies to keep us in the position of minimum investment risk, yet always in the market to make cash!

Another nice perk that I have learned is that on a month to month basis this kind of Forex artificial intelligence (Forex AI) based program can generate upwards and beyond 25% profit per month! Obviously, this is considered a very good thing in the circles that I converse in.

Honestly, even someone who is against the utilization of such technology would have to admit that 25% profit per month and streaks of months without a losing trade that ain't too shabby! Hopefully, most of the readers of this article agree with that.

With all of that said, when you are making money from the "get go" it is so much easier to learn, grasp concepts and new skills, instead of feeling like you are under a mountain of pressure to perform!

In closing , I summarize it like this: if you are out to make money in the Forex and technology such as Forex artificial intelligence can help you do so with extreme reliability and minimum risk, you owe it to you and your family to jump all over such an opportunity and start making money with it as quickly as possible.

Here's the final question for you. How to trade the Forex market? Well, I think you know the answer to that after reading this article.

Get busy partner and get after it!

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