Duties and Responsibilities of a Bookkeeper

11 Sep 2011 | by Admin | No Comments »

In general, bookkeeper plays a vital role in all types of businesses. Although they are generally called a bookkeeper they do not just keep books. Their responsibilities vary from one company to another. There are a lot of factors that affects these changes in their job description. Sometimes bookkeepers are called accountant, sometimes they are called accounting secretaries. The point is a bookkeeper is primarily responsible for keeping a company’s financial record in an organized and essentially safe manner. In general, the function of a bookkeeper is to manage the firm’s book, and by that it means the company’s financial records.

As mentioned before, the duties and the responsibilities of a bookkeeper depend on the bookkeeping company he or she is working for. But a Full Post…

Introducing the IVA : The ‘Non Borrowing’ Option

25 Jul 2011 | by Admin | No Comments »

There are times when getting quick access to credit is a lifesaver and knowing that there is a financial cushion behind us in the shape of a credit card is almost a complete must in this modern age.

Being able to use a credit card as a financial shock absorber is one of its primary functions with it taking up the strain when something unexpected happens. But eventually the credit will need to be repaid, so what do you do if you realise that you just can’t afford the repayments on your debt any longer?

Well, there is a ‘none borrowing’ option available in the UK and its known as an IVA. IVA is short for Individual Voluntary Arrangement and an IVA is a formal debt solution, which acts as an alternative to bankruptcy for people suffering from serious debt and credit problems.

G Full Post…

J.P. Morgan Select Visa Signature® Card Review

21 Jul 2011 | by Porfirio Hillman | No Comments »

The J.P. Morgan Select Visa Signature card is a travel rewards card that allows you to earn extra points for your travel related purchases. The card also offers a low variable rate and the annual fee is waived for the first year which is $95. This card has no pre-set spending limit and there are no foreign transaction fees.

  • No pre-set spending limit
  • Annual fee waived first year, after that its $95 per year.
  • Earn 2 points for every $1 on travel purchases
  • Earn 1 point for every $1 on all other purchases
  • No blackout dates and you will enjoy unlimited rewards.
  • Low APR
  • No foreign transaction fees, late fees or over the limit fees.

The J.P. Morgan Select Visa Signature card offers a low rate of 13.24% on both purchases and balance transfers. This rate may vary based on changes to the prime rate.

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Free Credit Scores Thanks to Dodd-Frank Consumer Protection Act

19 Jul 2011 | by Billy Miller | No Comments »

On July 6th 2011 the Federal Reserve Board and the Federal Trademission issued final rules regarding the credit score disclosure regulations within Dodd-Frank.  These new rules serve to finalize the requirements of the Fair Access to Credit Scores Act of 2010 championed by Senator Mark Udall (D-CO), which will be part of the July 21, 2011 effective date of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  Consumers will now enjoy unprecedented free access to their actual credit scores in most cases as defined below.

Credit score disclosure is required by lenders under these conditions;

- All consumers who apply for credit where a credit score is used to set the material terms of the credit account. (

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