Cheap Car Loans From a Car Finance Broker

A car finance broker can give you a detailed and well thought advice on which financial option is best suited for you. He can also give you the time and effort to research on you requirements keeping all your parameters in mind. These are specialized people who deal with only one type of financial product.

Hence they acquire an in-depth knowledge and understanding of these products. They will consider all the requirements of the client and only then advice which option is best suited for the client. It is all about the piece of mind that one gets by depending upon a specialist.

Car finance is a competitive arena. There are various players and multiple products to choose from. Negotiation is also very important. A broker with his knowledge and in-dept understanding of the market can help us with his negotiation skills.

We always look for cheap car loan and that is even more the reason to consult these professionals. They have the insider knowledge of the industry and can even advise you on the best possible deals that are available in the market. Being an outsider to this industry you can never dream of getting to know who the best financiers are or what rates can be best negotiated from them. So, the help of an insider of the industry comes very handy to secure a cheap car loan.

Brokers have a tool called Car loan Calculator. They use it to advice the clients on the various short and long term effects of the loan, be it short or long term. This tool will also help you to decide on the loan after being fully aware of its various financial implications.

Car finance like all other finance needs various paper works. You will also have to show your income and other personal details. Now a day we hardly have time for ourselves or our family. Running around people to meet those obligations and formalities is the last thing in the world that we would like to do. A broker can help us in fulfilling those formalities to secure the loan.

Consult a broker, is not just about getting a cheap car loan it is also about getting an informed advice on the options available with us and getting the best possible deal. Think of your broker as a friend who can help you with his information of the best possible financiers and then further negotiate on your behalf. He can also guide you through the formalities and paper work. It is not being cheap it is being intelligent.

Occupational Fraud and Abuse Is Real

Organizations incur costs to produce and sell their products or services; these costs run the gamut: labor, taxes, advertising, occupancy, raw materials, research and development-and, yes fraud and abuse. The latter expense of fraud and abuse, however, is fundamentally different from the former: The true expense of fraud and abuse is hidden, even if it is reflected in the profit and loss figures. The 2006 Report to the Nation on Occupational Fraud and Abuse estimates that U.S organizations lose 5% of their annual revenues to fraud. Applied to the estimated 2006 US GDP (Gross Domestic Product), this figure would translate to approximately $652 billion in fraud losses. For closely held businesses the median loss suffered by organizations with fewer than 100 employees was $190,000 per scheme.

This is a subject that most business owners and managers would like to believe is not an expense to their business. Unfortunately it is a real possibility unless one is diligent, aware of the possibilities and a guardian against the environment that fosters behaviors far less than desired.

You may be asking yourself, “Why do I want to know about fraud and abuse in the work place.” The answer is that good people need to be vigilant and vigilance requires knowledge. My hope is that these articles will be informative. Myself and a few of my partners are studying and working to becoming CFEs (Certified Fraud Examiners) to support our clients through good education and sound business controls. I hope you will not experience any occupational fraud or abuse in your business or professional careers. Let’s get started.

What is occupational fraud and abuse?

Joseph T Wells, CFE CPA, defines “occupational fraud and abuse as “the use of one’s occupation for personal enrichment through the deliberate misuse or misapplication of the employing organization’s resources or assets.” This involves a wide variety of conduct by any person in an organization ranging from sophisticated investment swindles to petty theft. Common violations include asset misappropriation, fraudulent statements, corruption, pilferage, false overtime, using company property for personal benefits and payroll and sick time abuses. The first Report to the Nation on Occupational Fraud and Abuse, set forth in 1996, states, “The key is that activity (1) is clandestine, (2) violates the employee’s fiduciary duties to the organization, (3) is committed for the purpose of direct or indirect financial benefit to the employee, and (4) costs the employing organization assets, revenues, or reserves.”

Edward H Sutherland, a criminologist at Indian University (1883-1950), actually coined the phase “white collar crime” referring to the sharply pressed shirt collars found in the corporate world with their standard blue, red or black ties.

A brief example of “skimming.” A cashier at a fast food restaurant receives an order for a hamburger, fries and a drink totaling $4.00. The server provides the food and takes the cash. But wait, the cashier didn’t ring up the sale. Where did the money go? Into her pocket. What are lacking here are controls-one takes an order through the register requiring funds to close the order.