Financial Data: Who are some competitors to CaptalIQ, Bloomberg, and Reuters? Any emerging market competitors out there? #second #chance #finance


#reuters finance

#

1) The biggest strength of Bloomberg s and Reuters financial data products is coverage. You can punch almost anything into a Bloomberg terminal and get meaningful, reasonably accurate data back.

2) The next most important strength is ubiquity (network effect). As a financial professional, you can quit one job, start at another the next week, and be immediately up and running because everyone has Bloomberg (or, to a lesser extent, Reuters).

3) Finally, Bloomberg and Reuters are highly available. I can remember only one large Bloomberg outage in the last decade I ve been using their terminals, which is very difficult to pull off with such a large and complex platform.

Potential competitors from emerging markets appear all the time, but in general, financial jobs are in developed markets, and the barriers to entry there are very high for EM companies. Usually, if an emerging market startup gets strong enough to be useful, it will be bought out by a developed market company looking to expand its offering there.

For example, Capital IQ bought Simply Stocks, an Indian firm, in the early 2000s. Simply Stocks actually had more employees than CapIQ at the time and was producing good primary-source data by manually mining company financial reports, but they were minimally profitable and their infrastructure consisted of cobbled-together desktop PCs. They had essentially no backup systems. Their power would go out regularly. Their database systems and back-end software needed lots of optimization. And so on.

Generally speaking, a new emerging market competitor faces massive difficulties in breaking into the financial data platform business – underdeveloped infrastructure, low capitalization, and being on the wrong side of network effects, just to start. And we haven t even touched on the low availability of trained talent to work on this potential competing platform, the cost of sourcing the data for it, the difficulties in advertising it to the target audience, and the myriad other minor difficulties facing any startup technology venture.

China (by which I mean an SOE) could probably do it. There s an underserved market of financial professionals throughout Asia and Africa that could use a financial data platform targeted at them specifically, but it would be a long hard slog to get such a thing up, running, profitable, and eventually competitive with Bloomberg and Reuters.


What are some finance project topic suggestions related to wealth management? #finance #courses #online


#finance project topics

#

Wealth Management is an extremely broad topic which covers many areas of expertise, and how they interact: taxes, finance, portfolio theory, risk management, philanthropic management, estate planning, legal and so on.

Specifically regarding investment management, wealth management applies financial theory to the attainment of goals. This is actually a very new field in the academic literature, and it has only been seriously fleshed out in the last 10 years (though foundations were laid in the 1980s).

Some good projects might be

  • to better understand how the introduction of a set goal (timeframe and minimum wealth value) effects portfolio allocation.
  • optimum sustainable cashflow rates in real market scenarios.
  • pricing liability in for individuals with significant net worth.
  • the effects of taxes on rebalancing strategies.

There are tons. Read a goals-based academic paper and go to the references section. Pull those authors and come up with an agree/disagree position. Prove it out with data.

Good current authors in the field: Pan, Shefrin, Fisher, Statman, JP Brunel, Chhabra, Bernartzi Thaler. (Hopefully one day, me!)


What are some examples of consumer finance companies? #diploma #in #finance


#consumer finance companies

#

It depends on what you mean by consumer finance and in which country you live.

One broad definition of consumer finance is this: the financing of goods and services for consumer.

That definition brings a lot of product into play:
– Uncollateralized personal loan, such as Credit Card or Cash personal loans
– Payday loans
– Ownership loans is a type of loan where a Financial Service company finance the purchase of an item: car financing, property financing. You don t own a car, you want to own it, the bank help you.
– Refinancing loans is a loan type where a Financial Service company provide cash with an item being pledge as collateral: car refinancing, property refinancing. You already own a car, you want cash and you re willing to put the car as collateral.

Looking at the above product, most banks certainly fit the bill as consumer finance company. Other example of consumer finance company would be specialist lenders. They are what is often cited as consumer finance company in the narrower term of the word.

The difference between banks and these specialist lenders are the source of funding, which is the money the bank or specialist lenders provide to people who borrow money.

Bank get their funding from depositors, individuals or companies that expect nothing funny will happen to their money.

Specialist lenders get their funding from their shareholders, banks, or the capital markets.

Specialist lenders are often prevented from taking money from depositors. In some country, that privilege is only given to banks.
This restriction exist because many depositors are deemed less financially savvy than investors and thus have to be protected; mainly by puttig safeguards into banks and how banks handle deposits.

It doesn t mean individual can t put money in specialist lenders. They can do it by buying share or bonds from the specialist lenders, but it comes with higher risk for the individual investor.

Some asset type (e.g. car) have large value that most customer can t afford to pay in one single payment, and thus is natural object of financing.
Thus for car, it s typical for automotive companies to also own specialist lenders to finance the purchase of their car.

Some example of consumer finance company:
– CapitalOne
– Santander Consumer USA

So, consumer finance companies are those that help consumer finance a purchase or receive loans for various purposes. Example of such companies are banks and specialist lenders.


Plastic Surgery Financing – What Are Some Reputable Lenders? Doctor Answers, Tips #business #finance #brokers


#cosmetic surgery finance

#

Plastic Surgery Financing – What Are Some Reputable Lenders?

I need financing to help me pay for the breast augmentation and liposuction (i.e. mommy make over) I plan to undergo this summer, but I am kind of weirded out about getting a loan for this. I don t want to end up dealing with some sleazy creditor that preys on people like me who just want to look and feel a little better about their bodies. Can any doctors out there speak to which lenders their patients have worked with? If you ve heard any horror stories or would recommend one lender over another, please share.

Doctor Answers 88

Plastic Surgery Financing – Buyer Beware – Look at photos, training of your PS before checking on financing

December 21st, 2008

Plastic Surgeons pay for plastic surgery financing programs. The charge to the plastic surgeon can be10% or more. This include surgeon’s fee, OR fee’s,anesthisia fees, pain control devices, garments, etc. Why would a plastic surgeon be willing to hand over a percentage of the overall cost of surgery?

I am strongly against plastic surgery financing programs, and I have never offered them in my practice. Most, if not all, plastic surgery financing plans are not only a bad idea but also a bad deal for many patients – in some ways that are easily apparent but in other ways that are not as obvious. The most obvious way in which these plans are unfavorable and therefore undesirable is their terms, which often are interest-free for as long as a year, but that revert to an interest rate comparable to a high interest rate credit card (i.e. an APR of 20% or more) if a patient misses or is late on a single payment.
A recent Nee York Times Article – Google it – discussed the dangers of plastic surgery financing. One very interesting part of the article was when a reported asked the doctors if they would use these programs for themselves or their family members. The physicians asked answered “no”

I want to do everything possible to help my patients and to make every part of plastic surgery as easy and comfortable as possible. I understand that plastic surgery is expensive and it can be difficult for many, if not most people to afford the fees. However, I would not want my patients to use a program I wouldn’t use myself or recommend to a family member. At some point, a program may be introduced that makes me feel differently, but until my accountant can assure me that a program is safe and easy for my patients, i am willing to lose the business that could come my way by offering plastic surgery financing

A high interest rate is, in fact, almost a necessity for a credit product that finances a service instead of a tangible asset like a home or an automobile. A creditor can repossess a home or a car, but they can’t repossess your tummy tuck. So a high interest rate helps them hedge the risk of having no collateral.
If you are considering one of these financing arrangements in order to schedule a plastic surgery procedure, do your due diligence before signing on the dotted line. Make sure that you are fully informed of the consequences of missing a payment or making a late payment. Make an honest assessment of your ability to meet the terms of the contract. Look into whether or not you can obtain better financing terms with an existing credit card account or with the bank with which you have a personal banking relationship and a credit history. And give great consideration to the way in which the concept of financing is presented to you by a surgery practice – is it an option that you can explore further on your own, or is the practice trying to ‘pull you in’ by making the financial part ‘easy’ for you?

FINANCING COMPANIES THAT ARE REPUTABLE

At my practice, our pricing of procedures is competitive for all types of interventions whether surgical or non-surgical.We offer Make over packages like mommy makeover’s and post bariatric contouring packages that offer combination procedures at very favourable prices. Please inquire with us if you are interested in such combination procedures. Financing is provided by two leading third party companies; Medicard and Crelogix.

Prices vary a lot according to experience and board certification of the plastic surgeon, facilities, quality of the practice, region, etc…
Cosmetic surgery in Colombia represents an increasingly attractive option for consumers looking for the ultimate combination of quality, price, availability, service, enjoyment, and value. Prices for plastic surgery procedures can be very affordable, and often 30-50% less than in the United States and Europe. When done with a board certified surgeon, patients can save thousands of dollars on cosmetic procedures while providing all of the safety and quality that they would receive in top U.S. and European centers.

Plastic surgery financing

December 8th, 2015

CARE CREDIT, is the financing option our practice uses the most. I would recommend asking the office staff about what the financial responsibilities are relative to the financing option you choose. Another company is Alphaeon. I agree with one of the answers below that suggest that the financial responsibility may revert to a 20% APR in the event of late payments etc. With certain financing companies such as CARE CREDIT, the office can choose which plan to participate in and which plans not to offer that may be too risky financially.

Thank you for your question. Our practice is currently using two different companies to assist with financing if needed, Prosper Healthcare Lending and Care Credit. Both offer various plans of repayment, some with no interest. Both seem to be reputable companies and we have never heard a complaint from any of our patients. It is important to always be aware of the terms of your loan and stay within a reasonable amount that you can afford to repay.

Financing your surgery

February 26th, 2015

There are many options when it comes to financing your surgery. For instance, there are companies that can facilitate a 24-60 month extended payment plans which can make your monthly payments as low as $79. In case your credit history is brand new, these companies also allow co-signers. As you can see, there are a few alternatives to be considered.

Here are some helpful hints: If you have good credit, Care Credit offers 6 and 12mo. no interest payment plans as well as 24-60mo. extended payment plans at a fixed interest rate of 14.9%. They also accept co-signors.

Medical Financing and also EFINANCE Solutions work with people who have A, B and C credit and can approve you at different qualifying interest rates, they too accept co-signors. I look forward to helping you with any questions that may facilitate your choice in applying with a company.

Financing surgery

December 19th, 2012

Many patients will finance their surgery. With rates currently so low it is certainly a good option for anyone. There are several different ways you can borrow and or finance the cost. The best deal would be to use a home equity loan because of the low interest rate. You might need a relative to co-sign. If you do not have a house, or enough equity there are other companies which will lend you the money. The most popular is Care Credit. They have several different plans that you can take advantage of depending on your credit. You can also play the credit card game. Many credit cards will offer you interest free charging for 3-6 months. As long as you transfer the remaining balance to the “next” card before your interest starts you can pay out your surgery gradually over time. Just be careful with this because credit cards notoriously have extremely high interest rates. Finally there might be some doctor’s office that does their own financing but I don’t know of any. Good luck.

Show more answers

These answers are for educational purposes and should not be relied upon as a substitute for medical advice you may receive from your physician. If you have a medical emergency, please call 911. These answers do not constitute or initiate a patient/doctor relationship.

You might also like.

Related Content


What are some finance project topic suggestions related to wealth management? #personal #finance


#finance project topics

#

Wealth Management is an extremely broad topic which covers many areas of expertise, and how they interact: taxes, finance, portfolio theory, risk management, philanthropic management, estate planning, legal and so on.

Specifically regarding investment management, wealth management applies financial theory to the attainment of goals. This is actually a very new field in the academic literature, and it has only been seriously fleshed out in the last 10 years (though foundations were laid in the 1980s).

Some good projects might be

  • to better understand how the introduction of a set goal (timeframe and minimum wealth value) effects portfolio allocation.
  • optimum sustainable cashflow rates in real market scenarios.
  • pricing liability in for individuals with significant net worth.
  • the effects of taxes on rebalancing strategies.

There are tons. Read a goals-based academic paper and go to the references section. Pull those authors and come up with an agree/disagree position. Prove it out with data.

Good current authors in the field: Pan, Shefrin, Fisher, Statman, JP Brunel, Chhabra, Bernartzi Thaler. (Hopefully one day, me!)


Plastic Surgery Financing – What Are Some Reputable Lenders? Doctor Answers, Tips #picture #finance


#cosmetic surgery finance

#

Plastic Surgery Financing – What Are Some Reputable Lenders?

I need financing to help me pay for the breast augmentation and liposuction (i.e. mommy make over) I plan to undergo this summer, but I am kind of weirded out about getting a loan for this. I don t want to end up dealing with some sleazy creditor that preys on people like me who just want to look and feel a little better about their bodies. Can any doctors out there speak to which lenders their patients have worked with? If you ve heard any horror stories or would recommend one lender over another, please share.

Doctor Answers 88

Plastic Surgery Financing – Buyer Beware – Look at photos, training of your PS before checking on financing

December 21st, 2008

Plastic Surgeons pay for plastic surgery financing programs. The charge to the plastic surgeon can be10% or more. This include surgeon’s fee, OR fee’s,anesthisia fees, pain control devices, garments, etc. Why would a plastic surgeon be willing to hand over a percentage of the overall cost of surgery?

I am strongly against plastic surgery financing programs, and I have never offered them in my practice. Most, if not all, plastic surgery financing plans are not only a bad idea but also a bad deal for many patients – in some ways that are easily apparent but in other ways that are not as obvious. The most obvious way in which these plans are unfavorable and therefore undesirable is their terms, which often are interest-free for as long as a year, but that revert to an interest rate comparable to a high interest rate credit card (i.e. an APR of 20% or more) if a patient misses or is late on a single payment.
A recent Nee York Times Article – Google it – discussed the dangers of plastic surgery financing. One very interesting part of the article was when a reported asked the doctors if they would use these programs for themselves or their family members. The physicians asked answered “no”

I want to do everything possible to help my patients and to make every part of plastic surgery as easy and comfortable as possible. I understand that plastic surgery is expensive and it can be difficult for many, if not most people to afford the fees. However, I would not want my patients to use a program I wouldn’t use myself or recommend to a family member. At some point, a program may be introduced that makes me feel differently, but until my accountant can assure me that a program is safe and easy for my patients, i am willing to lose the business that could come my way by offering plastic surgery financing

A high interest rate is, in fact, almost a necessity for a credit product that finances a service instead of a tangible asset like a home or an automobile. A creditor can repossess a home or a car, but they can’t repossess your tummy tuck. So a high interest rate helps them hedge the risk of having no collateral.
If you are considering one of these financing arrangements in order to schedule a plastic surgery procedure, do your due diligence before signing on the dotted line. Make sure that you are fully informed of the consequences of missing a payment or making a late payment. Make an honest assessment of your ability to meet the terms of the contract. Look into whether or not you can obtain better financing terms with an existing credit card account or with the bank with which you have a personal banking relationship and a credit history. And give great consideration to the way in which the concept of financing is presented to you by a surgery practice – is it an option that you can explore further on your own, or is the practice trying to ‘pull you in’ by making the financial part ‘easy’ for you?

FINANCING COMPANIES THAT ARE REPUTABLE

At my practice, our pricing of procedures is competitive for all types of interventions whether surgical or non-surgical.We offer Make over packages like mommy makeover’s and post bariatric contouring packages that offer combination procedures at very favourable prices. Please inquire with us if you are interested in such combination procedures. Financing is provided by two leading third party companies; Medicard and Crelogix.

Prices vary a lot according to experience and board certification of the plastic surgeon, facilities, quality of the practice, region, etc…
Cosmetic surgery in Colombia represents an increasingly attractive option for consumers looking for the ultimate combination of quality, price, availability, service, enjoyment, and value. Prices for plastic surgery procedures can be very affordable, and often 30-50% less than in the United States and Europe. When done with a board certified surgeon, patients can save thousands of dollars on cosmetic procedures while providing all of the safety and quality that they would receive in top U.S. and European centers.

Plastic surgery financing

December 8th, 2015

CARE CREDIT, is the financing option our practice uses the most. I would recommend asking the office staff about what the financial responsibilities are relative to the financing option you choose. Another company is Alphaeon. I agree with one of the answers below that suggest that the financial responsibility may revert to a 20% APR in the event of late payments etc. With certain financing companies such as CARE CREDIT, the office can choose which plan to participate in and which plans not to offer that may be too risky financially.

Thank you for your question. Our practice is currently using two different companies to assist with financing if needed, Prosper Healthcare Lending and Care Credit. Both offer various plans of repayment, some with no interest. Both seem to be reputable companies and we have never heard a complaint from any of our patients. It is important to always be aware of the terms of your loan and stay within a reasonable amount that you can afford to repay.

Financing your surgery

February 26th, 2015

There are many options when it comes to financing your surgery. For instance, there are companies that can facilitate a 24-60 month extended payment plans which can make your monthly payments as low as $79. In case your credit history is brand new, these companies also allow co-signers. As you can see, there are a few alternatives to be considered.

Here are some helpful hints: If you have good credit, Care Credit offers 6 and 12mo. no interest payment plans as well as 24-60mo. extended payment plans at a fixed interest rate of 14.9%. They also accept co-signors.

Medical Financing and also EFINANCE Solutions work with people who have A, B and C credit and can approve you at different qualifying interest rates, they too accept co-signors. I look forward to helping you with any questions that may facilitate your choice in applying with a company.

Financing surgery

December 19th, 2012

Many patients will finance their surgery. With rates currently so low it is certainly a good option for anyone. There are several different ways you can borrow and or finance the cost. The best deal would be to use a home equity loan because of the low interest rate. You might need a relative to co-sign. If you do not have a house, or enough equity there are other companies which will lend you the money. The most popular is Care Credit. They have several different plans that you can take advantage of depending on your credit. You can also play the credit card game. Many credit cards will offer you interest free charging for 3-6 months. As long as you transfer the remaining balance to the “next” card before your interest starts you can pay out your surgery gradually over time. Just be careful with this because credit cards notoriously have extremely high interest rates. Finally there might be some doctor’s office that does their own financing but I don’t know of any. Good luck.

Show more answers

These answers are for educational purposes and should not be relied upon as a substitute for medical advice you may receive from your physician. If you have a medical emergency, please call 911. These answers do not constitute or initiate a patient/doctor relationship.

You might also like.

Related Content


What are some finance project topic suggestions related to wealth management? #l&t #finance


#finance project topics

#

Wealth Management is an extremely broad topic which covers many areas of expertise, and how they interact: taxes, finance, portfolio theory, risk management, philanthropic management, estate planning, legal and so on.

Specifically regarding investment management, wealth management applies financial theory to the attainment of goals. This is actually a very new field in the academic literature, and it has only been seriously fleshed out in the last 10 years (though foundations were laid in the 1980s).

Some good projects might be

  • to better understand how the introduction of a set goal (timeframe and minimum wealth value) effects portfolio allocation.
  • optimum sustainable cashflow rates in real market scenarios.
  • pricing liability in for individuals with significant net worth.
  • the effects of taxes on rebalancing strategies.

There are tons. Read a goals-based academic paper and go to the references section. Pull those authors and come up with an agree/disagree position. Prove it out with data.

Good current authors in the field: Pan, Shefrin, Fisher, Statman, JP Brunel, Chhabra, Bernartzi Thaler. (Hopefully one day, me!)


Plastic Surgery Financing – What Are Some Reputable Lenders? Doctor Answers, Tips #ford #0 #finance


#cosmetic surgery finance

#

Plastic Surgery Financing – What Are Some Reputable Lenders?

I need financing to help me pay for the breast augmentation and liposuction (i.e. mommy make over) I plan to undergo this summer, but I am kind of weirded out about getting a loan for this. I don t want to end up dealing with some sleazy creditor that preys on people like me who just want to look and feel a little better about their bodies. Can any doctors out there speak to which lenders their patients have worked with? If you ve heard any horror stories or would recommend one lender over another, please share.

Doctor Answers 88

Plastic Surgery Financing – Buyer Beware – Look at photos, training of your PS before checking on financing

December 21st, 2008

Plastic Surgeons pay for plastic surgery financing programs. The charge to the plastic surgeon can be10% or more. This include surgeon’s fee, OR fee’s,anesthisia fees, pain control devices, garments, etc. Why would a plastic surgeon be willing to hand over a percentage of the overall cost of surgery?

I am strongly against plastic surgery financing programs, and I have never offered them in my practice. Most, if not all, plastic surgery financing plans are not only a bad idea but also a bad deal for many patients – in some ways that are easily apparent but in other ways that are not as obvious. The most obvious way in which these plans are unfavorable and therefore undesirable is their terms, which often are interest-free for as long as a year, but that revert to an interest rate comparable to a high interest rate credit card (i.e. an APR of 20% or more) if a patient misses or is late on a single payment.
A recent Nee York Times Article – Google it – discussed the dangers of plastic surgery financing. One very interesting part of the article was when a reported asked the doctors if they would use these programs for themselves or their family members. The physicians asked answered “no”

I want to do everything possible to help my patients and to make every part of plastic surgery as easy and comfortable as possible. I understand that plastic surgery is expensive and it can be difficult for many, if not most people to afford the fees. However, I would not want my patients to use a program I wouldn’t use myself or recommend to a family member. At some point, a program may be introduced that makes me feel differently, but until my accountant can assure me that a program is safe and easy for my patients, i am willing to lose the business that could come my way by offering plastic surgery financing

A high interest rate is, in fact, almost a necessity for a credit product that finances a service instead of a tangible asset like a home or an automobile. A creditor can repossess a home or a car, but they can’t repossess your tummy tuck. So a high interest rate helps them hedge the risk of having no collateral.
If you are considering one of these financing arrangements in order to schedule a plastic surgery procedure, do your due diligence before signing on the dotted line. Make sure that you are fully informed of the consequences of missing a payment or making a late payment. Make an honest assessment of your ability to meet the terms of the contract. Look into whether or not you can obtain better financing terms with an existing credit card account or with the bank with which you have a personal banking relationship and a credit history. And give great consideration to the way in which the concept of financing is presented to you by a surgery practice – is it an option that you can explore further on your own, or is the practice trying to ‘pull you in’ by making the financial part ‘easy’ for you?

FINANCING COMPANIES THAT ARE REPUTABLE

At my practice, our pricing of procedures is competitive for all types of interventions whether surgical or non-surgical.We offer Make over packages like mommy makeover’s and post bariatric contouring packages that offer combination procedures at very favourable prices. Please inquire with us if you are interested in such combination procedures. Financing is provided by two leading third party companies; Medicard and Crelogix.

Prices vary a lot according to experience and board certification of the plastic surgeon, facilities, quality of the practice, region, etc…
Cosmetic surgery in Colombia represents an increasingly attractive option for consumers looking for the ultimate combination of quality, price, availability, service, enjoyment, and value. Prices for plastic surgery procedures can be very affordable, and often 30-50% less than in the United States and Europe. When done with a board certified surgeon, patients can save thousands of dollars on cosmetic procedures while providing all of the safety and quality that they would receive in top U.S. and European centers.

Plastic surgery financing

December 8th, 2015

CARE CREDIT, is the financing option our practice uses the most. I would recommend asking the office staff about what the financial responsibilities are relative to the financing option you choose. Another company is Alphaeon. I agree with one of the answers below that suggest that the financial responsibility may revert to a 20% APR in the event of late payments etc. With certain financing companies such as CARE CREDIT, the office can choose which plan to participate in and which plans not to offer that may be too risky financially.

Thank you for your question. Our practice is currently using two different companies to assist with financing if needed, Prosper Healthcare Lending and Care Credit. Both offer various plans of repayment, some with no interest. Both seem to be reputable companies and we have never heard a complaint from any of our patients. It is important to always be aware of the terms of your loan and stay within a reasonable amount that you can afford to repay.

Financing your surgery

February 26th, 2015

There are many options when it comes to financing your surgery. For instance, there are companies that can facilitate a 24-60 month extended payment plans which can make your monthly payments as low as $79. In case your credit history is brand new, these companies also allow co-signers. As you can see, there are a few alternatives to be considered.

Here are some helpful hints: If you have good credit, Care Credit offers 6 and 12mo. no interest payment plans as well as 24-60mo. extended payment plans at a fixed interest rate of 14.9%. They also accept co-signors.

Medical Financing and also EFINANCE Solutions work with people who have A, B and C credit and can approve you at different qualifying interest rates, they too accept co-signors. I look forward to helping you with any questions that may facilitate your choice in applying with a company.

Financing surgery

December 19th, 2012

Many patients will finance their surgery. With rates currently so low it is certainly a good option for anyone. There are several different ways you can borrow and or finance the cost. The best deal would be to use a home equity loan because of the low interest rate. You might need a relative to co-sign. If you do not have a house, or enough equity there are other companies which will lend you the money. The most popular is Care Credit. They have several different plans that you can take advantage of depending on your credit. You can also play the credit card game. Many credit cards will offer you interest free charging for 3-6 months. As long as you transfer the remaining balance to the “next” card before your interest starts you can pay out your surgery gradually over time. Just be careful with this because credit cards notoriously have extremely high interest rates. Finally there might be some doctor’s office that does their own financing but I don’t know of any. Good luck.

Show more answers

These answers are for educational purposes and should not be relied upon as a substitute for medical advice you may receive from your physician. If you have a medical emergency, please call 911. These answers do not constitute or initiate a patient/doctor relationship.

You might also like.

Related Content


What are some examples of consumer finance companies? #finance #companies #uk


#consumer finance companies

#

It depends on what you mean by consumer finance and in which country you live.

One broad definition of consumer finance is this: the financing of goods and services for consumer.

That definition brings a lot of product into play:
– Uncollateralized personal loan, such as Credit Card or Cash personal loans
– Payday loans
– Ownership loans is a type of loan where a Financial Service company finance the purchase of an item: car financing, property financing. You don t own a car, you want to own it, the bank help you.
– Refinancing loans is a loan type where a Financial Service company provide cash with an item being pledge as collateral: car refinancing, property refinancing. You already own a car, you want cash and you re willing to put the car as collateral.

Looking at the above product, most banks certainly fit the bill as consumer finance company. Other example of consumer finance company would be specialist lenders. They are what is often cited as consumer finance company in the narrower term of the word.

The difference between banks and these specialist lenders are the source of funding, which is the money the bank or specialist lenders provide to people who borrow money.

Bank get their funding from depositors, individuals or companies that expect nothing funny will happen to their money.

Specialist lenders get their funding from their shareholders, banks, or the capital markets.

Specialist lenders are often prevented from taking money from depositors. In some country, that privilege is only given to banks.
This restriction exist because many depositors are deemed less financially savvy than investors and thus have to be protected; mainly by puttig safeguards into banks and how banks handle deposits.

It doesn t mean individual can t put money in specialist lenders. They can do it by buying share or bonds from the specialist lenders, but it comes with higher risk for the individual investor.

Some asset type (e.g. car) have large value that most customer can t afford to pay in one single payment, and thus is natural object of financing.
Thus for car, it s typical for automotive companies to also own specialist lenders to finance the purchase of their car.

Some example of consumer finance company:
– CapitalOne
– Santander Consumer USA

So, consumer finance companies are those that help consumer finance a purchase or receive loans for various purposes. Example of such companies are banks and specialist lenders.


Plastic Surgery Financing – What Are Some Reputable Lenders? Doctor Answers, Tips #letsatsi #finance


#cosmetic surgery finance

#

Plastic Surgery Financing – What Are Some Reputable Lenders?

I need financing to help me pay for the breast augmentation and liposuction (i.e. mommy make over) I plan to undergo this summer, but I am kind of weirded out about getting a loan for this. I don t want to end up dealing with some sleazy creditor that preys on people like me who just want to look and feel a little better about their bodies. Can any doctors out there speak to which lenders their patients have worked with? If you ve heard any horror stories or would recommend one lender over another, please share.

Doctor Answers 88

Plastic Surgery Financing – Buyer Beware – Look at photos, training of your PS before checking on financing

December 21st, 2008

Plastic Surgeons pay for plastic surgery financing programs. The charge to the plastic surgeon can be10% or more. This include surgeon’s fee, OR fee’s,anesthisia fees, pain control devices, garments, etc. Why would a plastic surgeon be willing to hand over a percentage of the overall cost of surgery?

I am strongly against plastic surgery financing programs, and I have never offered them in my practice. Most, if not all, plastic surgery financing plans are not only a bad idea but also a bad deal for many patients – in some ways that are easily apparent but in other ways that are not as obvious. The most obvious way in which these plans are unfavorable and therefore undesirable is their terms, which often are interest-free for as long as a year, but that revert to an interest rate comparable to a high interest rate credit card (i.e. an APR of 20% or more) if a patient misses or is late on a single payment.
A recent Nee York Times Article – Google it – discussed the dangers of plastic surgery financing. One very interesting part of the article was when a reported asked the doctors if they would use these programs for themselves or their family members. The physicians asked answered “no”

I want to do everything possible to help my patients and to make every part of plastic surgery as easy and comfortable as possible. I understand that plastic surgery is expensive and it can be difficult for many, if not most people to afford the fees. However, I would not want my patients to use a program I wouldn’t use myself or recommend to a family member. At some point, a program may be introduced that makes me feel differently, but until my accountant can assure me that a program is safe and easy for my patients, i am willing to lose the business that could come my way by offering plastic surgery financing

A high interest rate is, in fact, almost a necessity for a credit product that finances a service instead of a tangible asset like a home or an automobile. A creditor can repossess a home or a car, but they can’t repossess your tummy tuck. So a high interest rate helps them hedge the risk of having no collateral.
If you are considering one of these financing arrangements in order to schedule a plastic surgery procedure, do your due diligence before signing on the dotted line. Make sure that you are fully informed of the consequences of missing a payment or making a late payment. Make an honest assessment of your ability to meet the terms of the contract. Look into whether or not you can obtain better financing terms with an existing credit card account or with the bank with which you have a personal banking relationship and a credit history. And give great consideration to the way in which the concept of financing is presented to you by a surgery practice – is it an option that you can explore further on your own, or is the practice trying to ‘pull you in’ by making the financial part ‘easy’ for you?

FINANCING COMPANIES THAT ARE REPUTABLE

At my practice, our pricing of procedures is competitive for all types of interventions whether surgical or non-surgical.We offer Make over packages like mommy makeover’s and post bariatric contouring packages that offer combination procedures at very favourable prices. Please inquire with us if you are interested in such combination procedures. Financing is provided by two leading third party companies; Medicard and Crelogix.

Prices vary a lot according to experience and board certification of the plastic surgeon, facilities, quality of the practice, region, etc…
Cosmetic surgery in Colombia represents an increasingly attractive option for consumers looking for the ultimate combination of quality, price, availability, service, enjoyment, and value. Prices for plastic surgery procedures can be very affordable, and often 30-50% less than in the United States and Europe. When done with a board certified surgeon, patients can save thousands of dollars on cosmetic procedures while providing all of the safety and quality that they would receive in top U.S. and European centers.

Plastic surgery financing

December 8th, 2015

CARE CREDIT, is the financing option our practice uses the most. I would recommend asking the office staff about what the financial responsibilities are relative to the financing option you choose. Another company is Alphaeon. I agree with one of the answers below that suggest that the financial responsibility may revert to a 20% APR in the event of late payments etc. With certain financing companies such as CARE CREDIT, the office can choose which plan to participate in and which plans not to offer that may be too risky financially.

Thank you for your question. Our practice is currently using two different companies to assist with financing if needed, Prosper Healthcare Lending and Care Credit. Both offer various plans of repayment, some with no interest. Both seem to be reputable companies and we have never heard a complaint from any of our patients. It is important to always be aware of the terms of your loan and stay within a reasonable amount that you can afford to repay.

Financing your surgery

February 26th, 2015

There are many options when it comes to financing your surgery. For instance, there are companies that can facilitate a 24-60 month extended payment plans which can make your monthly payments as low as $79. In case your credit history is brand new, these companies also allow co-signers. As you can see, there are a few alternatives to be considered.

Here are some helpful hints: If you have good credit, Care Credit offers 6 and 12mo. no interest payment plans as well as 24-60mo. extended payment plans at a fixed interest rate of 14.9%. They also accept co-signors.

Medical Financing and also EFINANCE Solutions work with people who have A, B and C credit and can approve you at different qualifying interest rates, they too accept co-signors. I look forward to helping you with any questions that may facilitate your choice in applying with a company.

Financing surgery

December 19th, 2012

Many patients will finance their surgery. With rates currently so low it is certainly a good option for anyone. There are several different ways you can borrow and or finance the cost. The best deal would be to use a home equity loan because of the low interest rate. You might need a relative to co-sign. If you do not have a house, or enough equity there are other companies which will lend you the money. The most popular is Care Credit. They have several different plans that you can take advantage of depending on your credit. You can also play the credit card game. Many credit cards will offer you interest free charging for 3-6 months. As long as you transfer the remaining balance to the “next” card before your interest starts you can pay out your surgery gradually over time. Just be careful with this because credit cards notoriously have extremely high interest rates. Finally there might be some doctor’s office that does their own financing but I don’t know of any. Good luck.

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These answers are for educational purposes and should not be relied upon as a substitute for medical advice you may receive from your physician. If you have a medical emergency, please call 911. These answers do not constitute or initiate a patient/doctor relationship.

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