Tips to Stay Safe When You Send Money Online India

Internet can be a bit of a mess as far as security is concerned. If you are not careful, you might end up losing money or become a victim of identity theft. There is no doubt that money transfer has become easier with the internet but you need to be extra careful and keep your money and personal details secure. With the rise in online remittance scams and identity theft cases, demand for reliable and safe money transfer options has become a necessity.

The next time you send money online India, here are a few useful tips that will help you ensure security:

First thing you need to do is ensure that the remittance method you have chosen is secure. If you are not sending money through the bank, then you better choose a reliable money transfer agency. There are a few factors that you must consider when selecting an online agency. For instance, you need to find out how long the agency of your choice has been into business, what are people saying about its services and so on. There are several forums online where you can read what people have to say about a particular agency’s services.
Second tip for a safe and secure money transfer is a virus-free device. Whether you are using your tablet or your smartphone, it is necessary to have a secure device that is free from virus or malware. You need to ensure that the device is well-protect and has the latest anti-virus installed in it. Never make the mistake of initiating money transfers from a public computer and don’t share the ID or password of your internet banking with anyone on the phone or emails claiming to be from your bank.
Third safety tip is to send money only to people you know. If you have received an email from someone asking for money before they send you a cheque or a gift, then beware. These are spam emails and if you end up sending money, you will never get it back. So, never respond to any suspicious emails.
Besides being safe and secure when sending money online, you should also make an effort to save some money. International money transfers can be very expensive if you haven’t planned well. You need to look for the best rates and choose an agency that will not burn a hole in your pocket. At times, even if you get the best exchange rates to India, the agency will charge you a high transfer fees which will make your remittance expensive. So, there has to be a balance between the transfer fees and FX rates that you are getting.

With some research and patience, you can save a lot of money. Also, if you look for good FX rates, the recipient will get maximum of what you are sending. By remembering the above-mentioned tips you can easily send and save money on each money transfer.

Five Tips to Choose Dental Insurance in San Antonio

Insurance is a great financial investment, be it life insurance, car insurance or dental insurance. Insurance ensures that your financial planning is strong and you have enough monetary resources during a crisis/problem. Dental problems, even the minutest of them cannot be ignored as they grow to be big and problematic. The thing about dental treatments is that they are not cheap and one has to frequently visit a dentist for checkups and treatments.

Having dental insurance is very beneficial if you have dental problems and frequent visits to dentists are inevitable for you or your loved one. You will save money, have a well-planned healthcare scheme and make better investments. Choosing dental insurance in San Antonio can be tricky and this article is to help you choose one. We will list the 5 most important things to consider while choosing a dental insurance policy in San Antonio. Read on.

1. Type of Dental Insurance

Before choosing a dental policy for yourself, you need to be aware of the types of dental insurance. DHMO and PPO are the two types of dental insurance in San Antonio. While DHMO goes easy on your pocket, you need to choose a primary dentist and acquire referrals for the treatment. PPO, on the other hand is more relaxed about choosing a dentist; however you have to co-pay for the procedures while the insurance company pays the rest.

2. Maximum Annual Limit

There is always an annual limit that the insurance company can pay for you, beyond which you are on your own. Based on your dental problems and requirements, you need to choose an annual limit that goes along with your budget and requirements. If you want to extend the annual limit, some dental insurance in San Antonio will higher the premium amounts to compensate. Choose a higher annual limit if your dental problems are persistent and frequent checkups/procedures is necessary.

3. Treatments Covered

Another thing to consider while choosing dental insurance in San Antonio is the list of treatments that the policy covers. Most of the policies cover basic dental procedures like cleanings, dental fillings, root canals, x-rays, tooth scaling and so on. However, treatments like braces and implants may be provided by only a handful of providers. Hence, before choosing a policy, discuss your requirements with the dental insurance agent and company.

4. Family Plan or Individual

Dental insurance in San Antonio is flexible and can be provided for both individuals and families. Both family and individual dental insurance have different deductibles and annual limits. Thus, you need to be very considerate when you choose a plan, decide if you want it for your family or only for yourself. You don’t want to insure yourself too much or too low.

5. Deductibles

Lastly and most certainly, you also need to consider the deductibles/premium charges that comes with the policy. Thus is an important consideration as you have to shell out the deductibles annually from your pocket. Choose a dental insurance policy that falls within your budget.

The Mistakes That Come With a Longer Auto Loan Term

Most car buying stories start in a similar fashion. You have your eyes fixated on the new car but the high monthly payments do not match your current budget. The dealer suggests that you opt for a longer term period that reduces your monthly payments. You agree, thereby, falling into the vicious cycle of negative car equity. The common mistake while purchasing a car is ignoring the auto loan term. Additionally, it becomes all the more important to ascertain your loan term when you suffer from bad credit. Avoid making the following mistakes relating to loan term to ensure that your car buying decision is financially sound.

4 Mistakes that you can make with a Long Auto Loan Term

1) Getting into the rut of negative car equity

The longer the term on your auto loan, the more the build-up of negative equity. A shorter term period lessens your overall auto loan amount. Negative car equity is built when you owe the lender more than the current worth of your car. A longer time frame on your auto loan means additional interest amount whereas a short term period builds positive equity and helps you to obtain a higher amount during a trade-in or resale.

2) Paying high interest rates

The interest charged on an auto loan is the additional money you pay, over and above the price of the car. Ideally, it makes sense to opt for a shorter loan term with low interest rates. When you increase the length of the loan term, you are increasing the dollars you spend on the car. Make sure you consider the whole picture and take into account the overall loan amount along with the loan term when you purchase your next car.

3) Receiving a low resale value

A low resale value is reason enough to steer clear of the extra-long auto loans. The time you take to repay the auto loan amount significantly impacts the resale value of the car. The car value starts depreciating the minute you drive it off the dealership lot. In regards to the length of the loan term, a five-year old car is more favorable than a seven-year old car. Therefore, the shorter the loan term, the more resale value you will obtain when you sell the car.

4) Spending on high maintenance costs

Car fatigue is another reason to switch to a shorter loan term. Once you have hit your five-year mark on a car, a trade-in might be right around the corner. The average age of a car during a trade-in is five years. However, if you opt for a 72-month auto loan, the option of trade-in diminishes and your maintenance cost increases. Thus, a shorter term will not only get you a favorable resale value, but will also reduce your car maintenance costs during a trade-in.

The Ideal Solution

Every problem has a solution. A large down payment, opting for a bad credit auto loan and showing strong evidence of your sources of income will assist you when you face a difficult situation. Additionally, keep in mind the impact of negative car equity and high interest rates. Stay determined to repay your auto loan amount within a shorter time and make sure to improve your credit score for a smooth car purchase in the future.