Featured Post

Latest Asia Floor Wage figure in Local Country Currencies

In 2012 the AFW figure is 540 PPP$.

The AFW Alliance revises the figure every year.

The last ground level survey for the food basket (that anchors the AFW figure) was done in 2009. Since then, we have been revising the AFW PPP$ figure using Consumer Price Indices and the less-frequent World Bank’s own PPP$ conversion factors for private consumption. We believe that this revision method works at best for three years.

In 2013, the AFW figure will be anchored back into the ground level survey for the food basket costs from different countries.

Global Launch of Asia Floor Wage, October 7 2009

Most of the world’s garments are made in Asia. Yet Asian workers are paid the least.

All garment workers in Asia need a wage increase. But often, when workers struggle to improve their wages and conditions in one country, companies relocate to another country, where wages and conditions are lower.

So workers are afraid to fight for better wages, because they might lose their jobs.

The Asia Floor Wage Campaign is a response to this problem. We propose a floor wage for garment workers in Asia.

The Asia Floor Wage, is different in each country’s national currency, but has the power to buy the same set of goods and services in all countries.

An Asia Floor Wage for the garment industry will help us fight poverty, develop economically with decent labour standards, and improve the lives of workers who are mostly women.

What is a Good Credit Score

There are many numbers that can be important to your current and future financial situation. One of those numbers is your credit score. However, you may be asking yourself, “What is a good credit score?” Many people can find out their score, but they simply do not know what it means. Here are some tips to help better understand what your score means.

The Range

A credit score will be a number between 300 and 850. Within this range, credit reporting agencies have determined which numbers are poor, fair, good and excellent.

What is a Good Credit Score?

In general, a good credit score would be any number above 720. At 720 or higher, you will be able to get the best deals when it comes to interest rates, and you will be seen as a low credit risk to lenders. Between 640 and 720, many lenders will still want to work with you, but you may see interest rates a few points higher.

If you have asked yourself what is a good credit score and your score is below 640, you will have to make a point to work on your credit. Those with a score lower than 640 may have a difficult time getting lenders to approve loan requests, and those that do will do so at higher interest rates.

So, now that you know what is a good credit score, you can begin to improve or maintain your current score. Paying bills on time and make sure to keep your accounts in order will help you achieve success.

Knowledge Of Auto Loan

An auto loan is a convenient assistance that aids in the purchase of a vehicle. When making purchases that are several thousand dollar investments, it is common to use loans in order to make the purchase and thus have monthly payments in order to finish paying off the total amount due as opposed to putting down the entire amount upon purchase. While not everyone will qualify for an auto loan, most car and truck purchases will include one.

It is wise to plan ahead even when relying on loans for the car auto purchase. One way to get a general idea of different options available with interest rates, down payments and the monthly amount that will be for different pay off limits, an auto loan calculator is a valuable too. While it won’t give an exact price as there are a number of variables, the calculator will give a good basis to consider before making the purchase.

There are a number of different auto loan calculators available online. Most have similar formats and will factor in the length of the loan until pay off, interest rate, and initial payment in order to calculate the amount owed per month. Write down a few different options by changing some of the factors, it should help in making the decision when time comes to lay out the exact details before making the official purchase.

Whether going for new or used, it is wise to go into the auto purchase with a plan in place. An auto loan will make the buying of a vehicle a fruitful endeavor despite concern or anxious anticipation. Either way, the assistance is available for those that qualify.