September 26, 2007

EZ unsecured offer an unsecured business line of credit to established and profitable businesses.

It’s kind of ironic that to get a loan to help run your business you need to have a successful business already. I guess that’s just the way it goes.

Loading up their website you can’t ignore the overly-happy-looking woman starting back at you. Frankly I find it disconcerting… there’s something not quite right. But then again I always find the ‘face staring back at you’ websites a bit weird. They must work because they’re definitely in vogue.

They have a really nice logo on the website but the overall feel is that it’s generic and not very high traffic.

Reading their information they offer a good service. A lot people don’t know this but all denied credit applications go on to your credit report. When lenders see this it causes raised eyebrows.

EZ helps by scrubbing up your application, figuring what works best and going to a good lender to try and get a first time approval.

We’ve all experienced the black hole of missing socks.

The question is, where do they actually go?

Once, I hadn’t even worn a pair and one of them went missing. I can’t explain that one but is it possible that socks actually are disappearing from the washing machine?

I have never examined washing machines closely but presumably there’s an outlet where all the water as it gets drained out.

Is it possible that this is where socks are going? They’re easily the smallest item in normal load…

The UK is currently in the throes of a fiasco over what is known as Home Information Packs.

These are a little gem of an idea from the UK government, to stop the amount of property sales that were collapsing after the terms were agreed.

But it was a good idea on paper only. They decided to introduce a law stating that all properties sold from June 1 2007 had to come with planning approvals, local searches, guarantees for any work done and an energy performance certificate. In response to this thousands of houses suddenly went for sale on the market to try and beat the deadline, as many landlords didn’t want to spend the cash to get the right documents. The number of properties on sale per agent jumped over 16%. This caused property prices to drop.

Then in response to this the UK government started to hesitate… and then obfuscate.. and then they announced they were delaying the changes. 10 days before the changes were due to come in. So what happened? Thousands of houses were suddenly put on the rental market and prices dropped massively, with properties-to-let jumping dramatically almost overnight. Landlordsare discountign 10, 15% and still can’t find a tenant.

On Aug 1 2007 the government announced that only properties of 4 or more bedrooms would need the HIP. This has barely started to pacify the anger.

One wonders how the UK will respond to this controversy.

For more information read this information on Home Information Packs