Archive for the ‘Economics and loans articles’ Category

Use your car to get a loan

Wednesday, June 24th, 2009

One of the easiest ways to secure a loan is by using the title of your car as collateral. When you are in need of cash it is always hard to find but applying for a title loan is easier than you think. You can use the title of your car a security for a loan amount that is equal to or lower than the value of your car. If you own a newer car than you can find a loan amount upto $25,000. Using your car title makes the loan process go quickly and with minimal paperwork. Car title loans are approved quickly and you can have the cash you need in less than 24 hours.

Evolutionary Economics

Friday, April 17th, 2009

An interesting study of economics that is based on rule of perceived fairness. If you were to place two people together and gave subject 1 a sum of money like $100 and told them to split it anyways they like between the two of them. As long as subject 2 agrees to the deal they keep the money but if subject 2 says no then neither will get a penny and both walk away empty handed. Studies in Evolutionary Economics show that as long as the split is somewhat fair ( at least 30% going to subject 2 ) the second subject will agree. If it is less than subject 2 would rather both people have nothing than one person with it all. Why Evolutionary? Studies have shown that even primates will make the same decisions as humans showing that this is a built in characteristic brought up through the ages.

Economics and Pride

Friday, April 10th, 2009

It seems that pride and economics go hand in hand in the current credit crunch. The economy is said to be driven by consumer consumption and that consumers spend less as they worry about their livelihoods and homes. This not entirely true since pride comes into play in this social life driven society. In general people will go broke trying to live the life they want their peers to think they have. They will spend money they don’t have on food and drink just to keep up appearances. Much must be considered in pride spending when trying to make any sort of economic outlook.