Nexus Credits

Nexus Credits Nexus Credits is a Financial institution here for you

have a Productive week.
26/03/2018

have a Productive week.

Being a Guarantor on someone else's loan is a big commitment. Before you agree to it, you need to weigh the pros of help...
14/03/2018

Being a Guarantor on someone else's loan is a big commitment. Before you agree to it, you need to weigh the pros of helping someone get a loan they might need against the cons of possibly getting stuck paying for a debt you didn't incur.

1) Understanding the Responsibility of a guarantor: When you guarantee a loan, you are pledging yourself to pay on the loan if the borrower doesn't pay. The main advantage to being a guarantor is that you can help someone else get the credit he or she needs.

2)Your Trust Level in The Borrower: While it may seem cold-hearted to evaluate your child, parent, sibling, or friend for trustworthiness, it might be necessary if you don't want to find yourself paying off someone else's debt.

3) Consider If Being A Guarantor Could Negatively Impact the Relationship: Additionally, you need to consider the impact being a guarantor might have on your relationship with the borrower. Will you be constantly nagging the borrower to make sure that he or she fulfills the obligation? What happens if the borrower defaults?

to our Greatest Teachers on Earth.
11/03/2018

to our Greatest Teachers on Earth.

To Our beautiful Mothers, Wives, Sisters and Daughters, We appreciate you today and everyday. We say, Happy Internationa...
09/03/2018

To Our beautiful Mothers, Wives, Sisters and Daughters, We appreciate you today and everyday. We say, Happy International

You have to find a balance between having fun and having funds. Sometimes it’s okay to miss out, in order to stack up”.–...
09/03/2018

You have to find a balance between having fun and having funds. Sometimes it’s okay to miss out, in order to stack up”.
–Arese Ugwu, Author “Smart Money Woman”
Invest with and enjoy premium rates on your Investment. For more Information, call 080 40 CREDITS (08040273348) or send an Email to [email protected].

Nexus Credits Investment Package. Call 08040273348
07/03/2018

Nexus Credits Investment Package. Call 08040273348

B e Productive.
26/02/2018

B e Productive.

A written, monthly budget allows you to plan for how you will spend and/or save your money each month and also keep trac...
22/02/2018

A written, monthly budget allows you to plan for how you will spend and/or save your money each month and also keep track of your spending patterns.

Gather every financial statement you can. This includes bank statements, investment accounts, recent utility bills, and any information regarding a source of income or expense. One of the keys in the budget-making process is to create a monthly average, so the more information you can dig up the better.

Record all of your sources of income. If you are self-employed or have any outside sources of income, be sure to record these as well. If your income is in the form of a regular paycheck where taxes are automatically deducted, then using the net income (or take home pay) amount is fine. Record this total income as a monthly amount.

Create a list of monthly expenses. Write down a list of all the expected expenses you plan on incurring over the course of a month.

Break expenses into two categories: fixed and variable. Fixed expenses are those that stay relatively the same each month and are required parts of your way of living. Variable expenses are the type that will change from month to month and include items such as groceries, Fuel, entertainment, eating out, and gifts, to name a few. This category will be important when making adjustments.

Total your monthly income and monthly expenses. If your end result shows more income than expenses, you are off to a good start. This means you can prioritize this excess to areas of your budget such as retirement savings or paying more on credit card balances to eliminate that debt faster. If you are showing a higher expense column than income, it means some changes will have to be made.

Make adjustments to expenses. If you have accurately identified and listed all of your expenses, the ultimate goal would be to have your income and expense columns to be equal. This means all of your income is accounted for and budgeted for a specific expense or savings goal.

Review your budget monthly. It is important to review your budget on a regular basis to make sure you are staying on track. After the first month take a minute to sit down and compare the actual expenses versus what you had created in the budget. This will show you where you did well and where you may need to improve.

5 Smart Money Tips for Living Your Best Financial Life.1) Set specific financial goals. Use numbers and dates, not just ...
21/02/2018

5 Smart Money Tips for Living Your Best Financial Life.

1) Set specific financial goals. Use numbers and dates, not just words, to describe what you want to accomplish with your money. How much debt do you want to pay off — and when? How much do you want saved, and by what date?

2) Check your interest rate. Q: Which loan should you pay off first? A: The one with the highest interest rate. Q: Which savings account should you open? A: The one with the best interest rate.

3) Start saving Now. Not next week. Not when you get a raise. Not next year. Today. Because money you put in your retirement fund now will have more time to grow.

4) Make savings part of your monthly budget. If you wait to put money aside for when you consistently have enough of a cash cushion available at the end of the month, you’ll never have money to put aside! Instead, plan monthly savings into your budget now.

5) Allocate at least 20 percent of your income toward financial priorities. By priorities, we mean building up emergency savings, paying off debt and padding your retirement nest egg.

Need quick cash? call 08040273348 or visit www.nexuscredits.com.

Our for the week. Credits
19/02/2018

Our for the week. Credits

Think Positive Thought this week.
19/02/2018

Think Positive Thought this week.

Address

No 6, Saro Close Off Karim Kotun, Victoria Island
Lagos
10001

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+234 804 027 3348

Website

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