A Look at Embroidery Sewing Machines

With the rapid advancement in technology for electric sewing machines a machine for every type of stitch was being born. It took several tries, however, to come up with a machine that could handle the task of embroidery.

Thomas Stone and James Henderson were granted a French patent in 1804 for “a machine that emulated hand sewing.” That same year a patent was granted to Scott John Duncan for an “embroidery machine with multiple needles.” The machines of all three men were unsuccessful and never came to being. It wasn’t until 1860, that Isaak Groebli combined previous hand looming techniques with existing sewing machine technology to create the first embroidery sewing machine.

The technology advanced greatly in 1911 when the Singer Sewing Company developed the first multi-head embroidery sewing machine with six heads and a pantograph attachment. It wasn’t until the 1950s that more advancements were introduced and technology continued to advance with computerization. During this decade, advancements in the sale of licensing rights and mass-merchandising opened up the market for factory-based embroidered items. Today embroidery sewing machines are used every day worldwide, some with up to thirty different heads, though most jobs require only the smaller machines.

Industrial sewing machines, like their domestic counterparts for the home seamstress, were created to simplify and speed up the otherwise labor-intensive hand stitching. Higher-end sewing machine models developed for the home often feature a hoop attachment and an embroider stitch mode. Crafters and seamstresses, who would use this feature, were frequently frustrated at having to constantly change out the different thread colors. Today’s advanced embroider sewing machines feature single or multi-heads for different spools of thread and are as easily available to the home seamstress as to the large garment factory. Many machine-embroidered items are created in small home-based businesses with affordable, easy-to-use, computer-operated embroidery sewing machines that do not require a lot of room. Specialized attachments allow for embroidery to be added to a variety of pre-manufactured products and fabrics, as well as the addition of sequins and other fancy enhancements.

A Guide To Unsecured Debt Consolidation Loans

Unsecured debt consolidation loans are loans that individuals take out from a bank without placing any collateral for the loan. Such loans are availed to pay off credit card debt or medical bills. Normally, debt consolidation is undertaken to reduce and eliminate debt by paying off a high-interest unsecured loan, like credit card debt, with a low-interest secured loan like a home equity line of credit. Debt consolidation thus helps in lowering interest rates, which works in the long run to eliminate debt faster.

Unsecured debt consolidation loans are not secured by any collateral like a home or a car. These are mostly in the form of personal loans. Personal loans are one way of paying off credit card debt if one does not own a home or a car. Many banks offer such plans for their customers who have a satisfactory banking history with them. However, interest rates on unsecured personal loans would be higher than a secured home-equity line of credit.

Usually, the amounts disbursed as unsecured debt consolidation loans are lower than what would have been if the debt consolidation loan was secured. Wells Fargo Financial, for example, offers its customers home equity lines of credit for debt consolidation starting at $10,000, whereas unsecured personal loans for debt consolidation at capped at $10,000. So unsecured debt consolidation loans are essentially for those individuals who carry lower credit card debt, but still want to consolidate it and eliminate it completely.

While an unsecured debt consolidation loan is a good way to pay off high-interest credit card debt, very often individuals end up a few years later with a similar credit card debt and the added burden of paying off the personal loan. The critical element to debt reduction and elimination is to keep a check on one’s spending. There are secured and unsecured debt consolidation loans available to help one out of debt, but the process must start at the individual’s level.

A Guide To Student Loan Debt Consolidation

A student has the option to combine several federal loans into a single loan. This is called as consolidation of the loans. Consolidated loans have lower interest rates and higher repayment periods.

There are several finance organizations and banks that come forward to consolidate existing loans. The particular company which consolidates the loans first pays off the existing loans to their respective lenders. Then all those loans are merged into one, taking the average of their rates of interest as the applicable rate of interest on the consolidated loan. Thus the borrower finds a reduction in the interest rate. It is then this company alone to which the borrower must repay the loan.

The consolidation process is a fairly easy process. There are several companies (mostly online) who are only too willing to examine the existing loans of the student and consolidate the loan with them. Students can approach these companies via the internet. An ordinary consolidation procedure takes about 30-45 days. There are no prepayment penalties on consolidated loans.

The rates of interest on educational loans increase on the 1st of July each year. But when a loan is consolidated, then the rate of interest in the year of consolidation becomes constant for the remaining period of the loan. This is called as locking the rate of interest of the loan. Locking a loan by consolidating it is a suitable option if the borrower wishes to be precluded from the rising rates of interest each year. Certain finance lenders online provide locking of consolidated loans for as low rates as 3.5%.

Consolidation of loans is a prudent option as the borrower has to think about repayment of a single loan instead of several. When several loans are consolidated into one, the interest payable also reduces drastically. By consolidation, the borrower can save hundreds of dollars per annum in the amount that would have been paid as interest. Another advantage is that in the situation of deferment in repayment the borrower has to negotiate with only one lender.

A Guide To Online Debt Consolidation

Many people face financial constraints in their lives and are often burdened with loans. They may seek a way out of their debt to ease their problems. Online debt consolidation services help them to minimize their debt and can erase debt in a fast, efficient way.

Online debt consolidation works by taking several large monthly payments owed and turning them in one manageable monthly payment. Creditors compensate most of the costs related to debt consolidation, because they are aware that receiving lower payments from an individual every month at reduced interest rates is more acceptable than filing for bankruptcy. Online debt consolidation can provide the creditor a way to retrieve the principal amount billed on one’s account.

Consumers who cannot make minimum monthly payments on their credit cards and unsecured debts will do well to get in touch with an online debt consolidation firm. A single monthly payment can significantly reduce payment amounts. This can reduce an individual’s anxiety and eliminate debt in a remarkably short period of time. However, it should be remembered that online debt consolidation firms do not loan money. Rather, they offer help in reducing monthly payments and give necessary information about the time it may take to become debt free.

Remember that interest rates can increase somewhat when one enters into a consolidation contract. That percentage increase can be as little as a quarter of a percent, but if the debt is large, can add up to hundreds or thousands of dollars in the long run. Make sure that you really do need to consolidate before signing anything.

A Guide To Non Profit Debt Consolidation Services

Non-profit debt consolidation services are the type of services that each and every debtor should know about. They are services that help and serve people in need of help in maintaining their financial status. They are also services now given by organizations or ‘consolidations’ in counseling and educating their clients of their financial issues, namely their budgeting plans.

Debt consolidation services are meant for consumers who are in need of support and guidance due to their mismanagement of their financial situation. Such services provide personal assistance by giving professional budget planning and credit counseling. These services provide answers for financial questions and recommend steps to resolve the consumers’ financial difficulties that may be preventing them from making the most out of their money and credit. Advice and guidelines are given to help out their needs, so they can take control over their financial situation.

There are various companies that provide these non-profit debt consolidation services where the consumers are able to speak to the company’s certified consolidation specialists who will design a payment plan that is specific to their individual needs. As we know, these companies primary objective is to help consumer to solve their financial problems. They are basically designed to help people pay off bills and pay down debts. These services are meant for all those who are not able to meet their debt and expenses with their current income.

These services have another objective that, as the consumers repay their debts through the companies, they will become more educated about consumer debt and how it affects their lives. They could act as a guide to achieve success in their financial planning. These services have been known to help lower credit cards interest rates and their monthly payments by almost half. The main objective of such non-profit debt consolidation services is to help consumers gain control of their financial system and plan their budget well.

A Guide To Lawsuit Settlement Loans

In lawsuit settlement loans, the financer will buy a part of a plaintiff’s anticipated settlement so that the plaintiff can stay financially solvent until that date. Some financers provide a lawsuit settlement loan in exchange for a percentage of the plaintiff’s eventual recovery, but these financers are rapidly declining in popularity.

As with most legal loans of this type, the financer will not collect if the plaintiff fails to receive the anticipated settlement, so there is a high margin of risk involved for the lender. The financer carefully judges the validity of a case and the plaintiff’s potential for future settlement before a ‘non-recourse’ loan is extended.

The kinds of claims that usually qualify for lawsuit settlement loans include auto accidents, medical malpractice, premises liability (slip and fall), commercial litigation, product liability, maritime claims (Jones act), railroad claims (FELA) and personal injury or wrongful death.

Many finance institutions offering lawsuit settlement loans also help recipients by structuring the disbursement of the loan according to individual needs. A client may avail of such a loan personally or have an appointed advocate arrange for one. Lawsuit settlement loans come in handy to cover medical and living expenses, legal fees and other outlays that may be incurred while the plaintiff awaits final judgment of a case.

Owing to the nature of these loans, the financer usually does not conduct a credit checks and may not set parameters to income requirements to approve a loan. The sole criterion will always be the final amount recovered in the case of favorable settlement for the plaintiff.

A Guide To Lawsuit Cash Advances

The purpose of a Lawsuit Cash Advance is to help people recover the compensation owed to them for personal injury inflicted upon them either due to a road accident, discrimination at the workplace or any sort of medical or legal malpractice. There are many companies who offer Lawsuit Cash Advances to enable the plaintiffs to fight their legal battle. The Cash Advances are not loans in the traditional sense of the word, for the injured person has to pay back the amount only upon winning the case, but not otherwise.

If you are facing a situation where you are looking for a non-recourse loan, you can contact these companies and provide them the details of your case. The companies will then consult a lawyer to get feedback on the merits of the case, and an idea about the anticipated settlement amount. On winning the settlement, you would then have to give a certain percentage of the settlement to the financing company. The usual rate charged by these companies varies from ten to fifteen percent of the settlement amount.

Another advantage is that your attorney will have the benefit of the advanced cash. It would enable him or her to prepare your case more effectively, as shortage of funds will no longer be an issue. The attorney will get the necessary time to collect the depositions and find the necessary witnesses. This will, in turn, improve your chances of winning your case and getting a suitable compensation packet.

These Cash Advances offer you the opportunity to take your case to the courts. Otherwise you might have to opt for an out-of-court settlement, which could mean that you compromise on the amount.

Yet, as a word of caution, it is necessary to add that taking such loans should be your last recourse. This is because, given the risk involved, the companies can ask you to shell out a hefty fee for their services. So before accepting Cash Advances for fighting your lawsuits, you must consider other options to raise the funds.

A Guide To High Risk Merchant Accounts

Getting an internet merchant account is the ideal solution to improving your sales, because not only can the customer pay for the goods and services with the credit cards at your retail outlets, but you also provide them with the opportunity of ordering and paying for the goods at a click of a mouse from your website, or even by phone or fax. Before understanding what a high-risk merchant account is, you need to be clear as to what exactly is a merchant account.

The dictionary defines a Merchant Account as a relationship between a retailing company and a Merchant Bank, which allows the retailer to accept credit card payments from customers via the Internet. The customers enter their credit card information and a merchant services provider validates the information, and on finding it genuine, transmits the amount to the merchant account. Yet, getting an Internet merchant account may not be as simple as it sounds. This is because banks usually prefer direct face-to-face transactions where the merchant signs for the transaction, rather than face the consequences of credit card fraudulent transactions. The process becomes all the more complicated people who fall under the high-risk merchant account categories. This includes people in business such as telemarketers, Internet/e-commerce businesses. Also included in the list are the merchants involved in the travel and cruise industries, Internet auctions and businesses offering membership clubs. This is not to say that they cannot obtain an Internet merchant account. The banks, financial institutions, and acquiring institutions will also consider other factors such as how long you have been in the business and what is your current standing in the market. They will also study your credit card history, especially your loan repaying efficiency. This is very important to them because they would want to insure themselves against potential financial risks. So. if you have a favorable credit history, which means that you have no negative marks such as liens, bankruptcies, or late loan repayment remarks, it will help you get an Internet merchant account.

A Guide to Fruit Baskets

There is almost no occasion, event or holiday gift that can’t be properly addressed by sending some kind of fruit basket. From humble beginnings as a device fruit growers used to expand their business beyond supermarkets, fruit baskets have become one of the most popular categories of gifts in the country. No longer is this merely a device for fruit growers to send out more of their freshly grown produce at retail prices.

Nowadays, many of the items advertised, sold and shipped as fruit baskets contain hardly any fruit at all. Fruit baskets have matured — come of age, as they say — and it’s possible to satisfy a gift giving need by ordering a fruit basket from any of literally thousands of suppliers across the country. You’ll find that many of the local retail stores in town have some form of fruit basket deal to ship their wares, if not all year round, then certainly at appropriate holiday times. For at least two major gift-giving holidays, Mother’s Day and Valentine’s Day, fruit baskets surpassed flowers as the gift of choice on a national basis several years ago and have kept on growing ever since.

Built around themes for the holidays, fruit baskets can contain any type, and almost any amount of high quality merchandise designed to make the receiver very happy upon arrival. Christmas baskets specializing in winter fruits — especially popular in the colder, Eastern states — have been stuffing Santa’s bag for many years. Valentine’s Day brings chocolate-dipped goodies, especially cherries and strawberries, which really say “I Love You” to that special person in your life.

Baby baskets send the freshest of fruits for the new parents along with a few bottles of a healthy brand of baby food and other appropriate gifts for the newborn. For Mother’s Day, children delight in sending a choice selection of gourmet items to the woman who gave them life. And there’s no better way to say ”I Love You, Dad” on Father’s Day than by sending a basket brimming with Dad’s favorite items and a few new ones as well.

Even giant corporations have gotten accustomed to sending out appropriately stuffed fruit baskets to their highly valued clients and special employees, instead of more traditional fare. Fruit baskets containing all sorts of items have become the easiest and most personal way people can give something to one another that is almost always appreciated. In addition to being one of the easiest and most satisfying experiences, you’d be hard pressed to find anyone who’s ever returned a fruit basket for any reason whatsoever.

A Guide To Federal Student Loan Consolidation

Federal Student Loan Consolidation is a financing facility that allows a borrower to merge his several federal student loans into a single new loan, and thereby bring them under one repayment plan. Federal student loans are generally issued or guaranteed by the United States government and comprise loans from the US Department of Education as well as the Department of Health and Human Services. These do not require any collateral security, and in contrast to private student loans, have low rates of interest. The Stafford loan is one of the most popular federal student loans.

When a borrower consolidates federal student loans, the original federal student loans are paid off by a loan consolidation company or by the Department of Education. Then, a new loan is created with one monthly payment. One of the prime advantages of federal student loan consolidation is that it lowers one’s monthly payment by up to 60%. Low fixed interest rates, reduced monthly payments, and retention of subsidy benefits are other merits. Federal student loan consolidation offers several flexible repayment options and varied deferment options to choose from. Depending upon the amount of the debt amount, the repayment period extends from the standard 10 years to 30 years.

However, certain conditions are to be met for availing federal student loan consolidation. Only loans with an outstanding amount of $7,500 can be consolidated under this scheme. Private student loans are not eligible for federal student loan consolidation. Federal Perkins Loans, Federal Stafford Loans (both subsidized and unsubsidized), Health Professions Student Loans (both subsidized and unsubsidized), Health Professions Student Loans (HPSL), Nursing Student Loans (NSL), Federally Insured Student Loans (FISL), Auxiliary Loans to Assist Students (ALAS), Federal Supplemental Loans for Students (SLS), National Direct Student Loans (NDSL), Health Education Assistance Loans (HEAL), Federal Parent Loans for Undergraduate Students (PLUS), and Loans for Disadvantaged Students are eligible for consolidation.