Cell phone store – Cellphone Blocker Jammer http://cellphoneblockerjammer.com/ Thu, 24 Nov 2022 17:35:43 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://cellphoneblockerjammer.com/wp-content/uploads/2021/11/profile.png Cell phone store – Cellphone Blocker Jammer http://cellphoneblockerjammer.com/ 32 32 Check out Black Friday and Cyber ​​Monday deals https://cellphoneblockerjammer.com/check-out-black-friday-and-cyber-monday-deals/ Thu, 24 Nov 2022 17:35:43 +0000 https://cellphoneblockerjammer.com/check-out-black-friday-and-cyber-monday-deals/ Grab a bargain but beware of scammers on Black Friday and Cyber ​​Monday (Picture: Adobe) There are over a million searches each November for the best Black Friday deals. And an estimated £3.95billion will be spent by Britons on Black Friday and Cyber ​​Monday, with stores slashing prices to historic lows these days. The excitement […]]]>
Grab a bargain but beware of scammers on Black Friday and Cyber ​​Monday (Picture: Adobe)

There are over a million searches each November for the best Black Friday deals.

And an estimated £3.95billion will be spent by Britons on Black Friday and Cyber ​​Monday, with stores slashing prices to historic lows these days.

The excitement of Black Friday conveys the idea that every bargain is worth it, forcing you to step over other customers to access it!

But, according to Who? research, this is usually not the case! Some six months before Black Friday, 85% of items are the same price or cheaper.

Indeed, only three of the 119 products tracked are at the lowest price during Black Friday.

So, if you are planning to participate in this year’s sale, be sure to look out for fake discounts.

It’s understandable that UK residents are increasingly concerned about their finances and how to cope over the coming months.

Many of us are worried about what impact an increase in the cost of living will have on the Christmas period.

With that in mind, private pension provider Penfold has surveyed how much money will be spent and how much debt people are willing to take on this Christmas.

It’s easy to be tempted to rush in for a bargain, so beware of the traps.

During the Christmas shopping season, stores frequently try to convince you to sign up for store credit cards.

Signing up may eventually entitle you to a discount, but these often come with exorbitant interest rates and below-average rewards.

Also known as cash advances, payday loans are short-term loans with fees and interest rates ranging from 100% to over 400%.

November sees an average 28% increase in demand for Buy Now Pay Later payment methods.

According to recent data, 60% of people have used BNPL’s services to some extent, but 66% of consumers think their use is “financially unsafe”.

The e-commerce data sourcing and analytics software company www.SourceMogul.com, which analyzes more than 20 million products every month to determine price trends, also considered Black Friday.

The data reveals that only 18% of products are cheaper compared to their historical price trends, while 25% of products are actually more expensive!

But there are still ways to score a bargain, the frugal team at NetVoucherCodes.co.uk share ten top tips shoppers should follow to grab the best deals while saving some extra cash.

They advise starting early, having a plan, ignoring impulse purchases, using discount codes, researching prices, doing accounts in advance, checking return policies, remembering Cyber ​​Monday, not using debit cards and monitoring social media.

Always beware of Black Friday fraud and fake websites, warns Sam Whillance, an expert at online e-commerce platform Deal.Town.

“Avoid offers that seem too good to be true, research privacy policies, check for Secure Sockets Layer certificates, check that websites accept credit cards, beware of spelling and grammatical errors, look for telephone numbers and addresses.

“At the end of the day, don’t forget to do your checks and happy bargain hunting!”

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Reforms needed as number of debt collection cases in Michigan rises https://cellphoneblockerjammer.com/reforms-needed-as-number-of-debt-collection-cases-in-michigan-rises/ Thu, 17 Nov 2022 01:27:00 +0000 https://cellphoneblockerjammer.com/reforms-needed-as-number-of-debt-collection-cases-in-michigan-rises/ Law360 (November 16, 2022, 8:27 p.m. EST) — Debt collection lawsuits “dominate” Michigan’s civil court system and the state should do more to help debtors defend themselves in court, a lawsuit said Wednesday. Michigan Supreme Court. The study also found racial disparities in debt collection cases and said Michigan trails its peers in consumer protection […]]]>

Law360 (November 16, 2022, 8:27 p.m. EST) — Debt collection lawsuits “dominate” Michigan’s civil court system and the state should do more to help debtors defend themselves in court, a lawsuit said Wednesday. Michigan Supreme Court.

The study also found racial disparities in debt collection cases and said Michigan trails its peers in consumer protection during the debt collection process.

The report by the Michigan Supreme Court’s Justice for All Commission found that debt collection cases accounted for 37% of all civil court filings in state district courts in 2019, the most recent year for which the data was analyzed. It was the second most common type of case after trafficking cases.

Growth in the volume of debt collection lawsuits in recent years “has been driven almost entirely by corporate debt buyers,” the commission found.

Third-party debt-buying companies are increasingly the plaintiffs behind debt collection lawsuits in Michigan courts and are responsible for 60% of debt collection filings, according to the report. The top three filers by volume in recent years have been third-party debt buyers: Midland Funding filed 20% of Michigan debt collection cases from 2017 to 2019, Portfolio Recovery Association 12% and Jefferson Capital Systems 8.8%, according to the Commission.

The tendency for debt buyers to sue presents “unique concerns,” the commission wrote, because consumers do not have a direct relationship with the debt buyer. When contacted by a debt buyer before or during legal action, a consumer may not recognize the name of the business, may believe that the debt buyer’s communications are a scam, and may ignore attempts. recovery and court documents until it is too late and a default judgment is rendered. . Default judgment is the result in 68% of Michigan debt collection cases, usually because the defendant has failed to respond, according to the study.

Looking at geographic data, the report found that two to three times as many debt collection lawsuits are filed against consumers in majority black neighborhoods compared to majority white neighborhoods at all income levels.

“More information is needed to understand the reasons for these disparate deposit rates,” the commission said, pointing to possible responses to racial disparities in access to low-interest credit and generational wealth disparities that mean black debtors are less likely to be able to get help from a family member to repay a loan.

Compared to neighboring states, Michigan also has more lenient pleading requirements for a debt collector to file a claim in district court, according to the report. Applicants only need to provide an account number and balance owing, with no requirement to provide documentation supporting the amount owed or proving ownership of the debt, unlike in Illinois, Indiana, and Minnesota.

“Other states in the region require documentation such as the original agreement or a monthly billing statement showing that the defendant used the account in question, the balance owing with charges and interest broken down, and documentation showing the chain ownership of the debt if it were sold to a debt buyer,” the report said.

Less than 0.5% of defendants in debt collection cases had legal representation, according to the report, while 96% of plaintiffs were represented by a lawyer.

The debts at issue included all non-mortgage consumer debt, including amounts owed on credit cards, auto loans, medical bills and payday loans. The median amount sought in debt collection lawsuits was $1,600 in 2018-19, according to the study.

After the default judgment is issued, judges will grant garnishment in 78% of cases, most often on state tax returns, but also on wages, bank accounts and other income.

The fact that so many cases end in default judgment, with serious consequences such as wage garnishment, raised red flags for the commission about “whether consumers actually received proceedings, whether the complaint and the summons provided meaningful and understandable notice to consumers of the claims against them, and whether consumers understood” the legal process.

The commission recommended a series of policy changes that would give defendants more time to serve notice of prosecution and expand options for mail and alternative methods of service; increase the amount of information a complainant is required to include in the complaint; and revising court forms to make them easier to understand for self-represented litigants.

“This groundbreaking research will help us improve the way trial courts handle debt collection cases to make the process easier to navigate and more fair, efficient and consistent,” said commission chair, the Michigan Supreme Court Justice Brian Zahra in a statement accompanying the release of the report. .

The commission also said it would work on pilot programs offering alternatives to litigation, describing debt collection lawsuits as a costly and time-consuming “lose-lose-lose” situation for creditors, consumers and the courts.

“With debt collection representing a substantial and growing portion of caseloads, this work is a critical step toward our goal of a civil justice system accessible to all,” said commission vice chair Angela Tripp. director of Michigan Legal Help.

Tripp called on “other branches of government” to also take action to address the issue of debt collection practices.

The report was compiled with help from The Pew Charitable Trusts and data advisory firm January Advisors.

–Edited by Jill Coffey.

For a reprint of this article, please contact reprints@law360.com.

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Worried about a recession? 5 things you can do today https://cellphoneblockerjammer.com/worried-about-a-recession-5-things-you-can-do-today/ Mon, 14 Nov 2022 11:00:39 +0000 https://cellphoneblockerjammer.com/worried-about-a-recession-5-things-you-can-do-today/ Image source: Getty Images Recessions come and go. The best you can do is be prepared to take them out. Key points Recessions are an integral part of the business cycle. They can also be painful for the average consumer. Today, reworking your family budget is a good first step. Now is the time to […]]]>

Image source: Getty Images

Recessions come and go. The best you can do is be prepared to take them out.


Key points

  • Recessions are an integral part of the business cycle. They can also be painful for the average consumer.
  • Today, reworking your family budget is a good first step.
  • Now is the time to consider other sources of income that will help you through the tough times.

Look, we’ve had a crazy few years. It’s safe to say that few of us emerged unscathed. In addition to worries about a global pandemic, we have had to contend with inflation and a beating drum of analysts saying a recession is near.

Whether analysts correctly predict a recession does not matter. What matters is that you know you’ve done everything you can to prepare. That way, when another recession hits, you’ll be prepared.

1. Rework your family budget

Few of us like the word “budget”. Yet your family budget acts like a financial GPS, reminding you which direction you need to go and when you’ve strayed off the beaten track. If you don’t have a budget, it’s easy to create one that works for you. If you have a budget, review it.

What can you cut? Even though we are years away from the next recession, it is to your advantage to reduce your expenses. The less you waste, the more you to register. Here are a few things you can check out today:

  • Auto and home insurance: Don’t assume that the company you’ve worked with for years always offers the lowest rates. Call and get some quotes. Don’t sound like an advertisement here, but you could save hundreds a year.
  • Lawn service: If you’re paying for a full menu of lawn care services, decide if there are a few you can handle yourself. For example, you may still want someone to mow, but you can handle the fertilizing yourself.
  • Races: There are apps available that will help you identify nearby stores that have the best prices on the items you need. Even if you only save $25 per week, that’s $1,300 per year.

2. Focus on high-interest debt

High-interest debt (like credit cards) and horribly high-interest debt (like payday loans with annual interest rates over 400%) are the enemy when it comes to time to protect yourself and your money. This debt snowball calculator will help you determine how quickly you can wipe out high-interest debt by paying a little extra on them each month.

3. Boost your emergency fund

With all you have to do, building an emergency fund can seem impossible. While we don’t suggest doing this overnight, see how much you have left over after paying your bills each month. Let’s say it’s $200. Is there a way to dedicate at least $100 to your emergency savings account?

The idea is to have enough money set aside to cover your monthly bills if you lose your job, get sick, or can’t work.

If you’re not sure how much you should have in an emergency fund, this calculator can help. And if you’re extremely anxious about what a recession would mean for you, you can boost that emergency fund a bit more. If you never have to delve into it, it’s a win-win.

4. Consider alternative revenue streams

Honestly, few of us have time for extra work. But what if you could spend time doing something you love and get paid for it. For example, if you play the guitar, there are plenty of people who would like to take lessons. If you paint, you’ll probably find a group of people who want to learn how to turn a blank canvas into a work of art.

The thing is, everyone has some skill, whether it’s playing chess or baking cupcakes. Look for a way to monetize something you enjoy doing.

5. Get help if needed

If you find yourself deeply in debt, your credit is depleted, and you don’t know how to rebuild, there are organizations designed to help you get back on your feet financially. For example, the National Credit Counseling Foundation (NFCC) is a non-profit organization that connects you with an NFCC Certified Counselor who will help you create a plan to deal with your existing debt.

You can’t control when the next recession hits or how long it will last. However, you can take steps now to protect your assets in the event of a recession.

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Penticton nurse and children on the brink of homelessness https://cellphoneblockerjammer.com/penticton-nurse-and-children-on-the-brink-of-homelessness/ Fri, 11 Nov 2022 14:00:10 +0000 https://cellphoneblockerjammer.com/penticton-nurse-and-children-on-the-brink-of-homelessness/ Penticton mother Kandace Sztepanacz with her children in their small apartment. Image Credit: SUBMITTED/Kandace Sztepanacz A single mother of two struggles to keep her family housed in the midst of a provincial housing crisis. Currently living in a small one-bedroom apartment, Kandace Sztepanacz is getting deeper into debt every […]]]>




Penticton mother Kandace Sztepanacz with her children in their small apartment.

Image Credit: SUBMITTED/Kandace Sztepanacz


A single mother of two struggles to keep her family housed in the midst of a provincial housing crisis.

Currently living in a small one-bedroom apartment, Kandace Sztepanacz is getting deeper into debt every month.

“I’m sinking financially,” she said. “I even had to take out payday loans. I live in fear that we’ll end up living in my car, and in January there’s a rent increase.

Sztepanacz doesn’t know from month to month whether she’ll be able to afford to continue living in her apartment, and between shifts as a nursing unit clerk at the Penticton Regional Hospital, she is looking for cheaper accommodation.

She is far from finding one in her price range, and the current stressful situation is having an impact on her mental health.

“The prices are amazing,” she said. “Even properties that claim to be low-income cost $1,600 or more for a bedroom, and then they require rental insurance, parking fees, and add utilities on top of that.

“There are a few properties that have units in the lower price range, but they require you to have a certain credit score.”


READ MORE: Governments must take ‘serious action’ to tackle housing crisis: accountants

Last year, Sztepanacz was receiving employment insurance benefits to supplement his salary, but is no longer eligible after moving into a full-time position a few months ago.

“Even with full-time hours, I’m barely getting by,” she says. “I don’t get child support, so I work overtime whenever possible.”

This year, she applied for shelter allowance through BC Housing.

“They’re basing it on last year’s taxes and I had EI topped me up, which was too much to qualify for their low income bracket of $40,000 gross, not home, raw, to support three people,” she said. “So I reapplied asking them to use what I’m currently making.

“They wanted three current pay stubs which I submitted, but the stubs reflected an unusually high period of overtime which I was able to enter when many of my colleagues were away. I explained it was higher than normal and showed them normal stubs but they used my overtime stubs and decided I was earning too much for the low income bracket and told me refused.

Sztepanacz asked to go back to school to become a nurse so she could earn more money, but had to put the plan on hold because she couldn’t support her children at the same time.

She even tried to find a second job, but her rotating schedule as a hospital clerk prevented her from doing so.

Sztepanacz wants the government to step in and help families who desperately need affordable housing.

“My grandmother worked in the hospital running the radiology department for years and was able to afford a big, nice house where I grew up, but my generation can’t afford to live. Something has to be done, the cost of living is way too high. I have a great job, one with a pension, but I live in fear that we will end up on the streets.


READ MORE: HOUSING CRISIS: Kamloops mom and kids in tough spot after losing their home

Sztepanacz has a family member who lives in Penticton who doesn’t have room for all three of them.

“I know people my age and in their 40s who have had to move back in with their parents and others who work full time while living in their car.”

As Sztepanacz takes each day one day at a time, she struggles with anxiety, fear and a sense of hopelessness that her family will one day feel financially stable and well housed.

According to Statistics Canada data from the 2021 census released in September, residents of British Columbia spent an average of 25.6% of their income on housing last year.

43.7% of Kelowna renters spent more than 30% of their income on housing last year.

36.1% of Kamloops renters paid more than 30% last year.

The data published by Statistics Canada does not include a breakdown for small communities.


READ MORE: Renters in Kamloops and Kelowna find it harder to find housing than homeowners: StatsCan



To contact a reporter for this story, email Shannon Ainslie or call 250-819-6089 or email the editor. You can also submit photos, videos or news tips to the newsroom and be entered to win a monthly prize draw.


We appreciate your comments and opinions on our stories, but play well. We will not censor or delete comments unless they contain off-topic statements or links, unnecessary vulgarity, false facts, spam or obviously fake profiles. If you have any concerns about what you see in the comments, email the editor in the link above.

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Employers extend workers’ benefits https://cellphoneblockerjammer.com/employers-extend-workers-benefits/ Wed, 09 Nov 2022 05:30:31 +0000 https://cellphoneblockerjammer.com/employers-extend-workers-benefits/ With more companies hiring remotely and employing workers located in areas subject to different local laws and anti-money laundering regulations, processing international payroll payments has become more complex in recent years. This has made the role of last mile partners critical, according to Eynat GuezCEO of a cross-border payroll management company based in Israel world […]]]>

With more companies hiring remotely and employing workers located in areas subject to different local laws and anti-money laundering regulations, processing international payroll payments has become more complex in recent years.

This has made the role of last mile partners critical, according to Eynat GuezCEO of a cross-border payroll management company based in Israel world papayahighlighting recent Partnership with JPMorgan.

Announced in October, the deal gives Papaya access to the bank’s global financial infrastructure and payments network, which the company leverages to deliver compliant and secure payroll payments through a single end-to-end platform. boils in 72 hours in more than 150 countries around the world.

Read more: Papaya Global to Acquire Cross-Border Payments Service Azimo

As Guez told PYMNTS, “Our customers and everyone who uses Papaya can rest assured that once they process payroll with us, their employees will be paid correctly and on time in any country in the world. .”

Regarding payments in multiple currencies, she said the ability to pay an employee’s preferred currency has been challenged by regulations in most parts of the world, which require salary payments to be paid. in local currencies.

Read also: Papaya Global raises $250 million for onboarding and cross-border payment

Overall, however, Guez’s view is that currency is going to be the new “world order” in payroll payments, with more individuals capitalizing on double-digit currency swings to earn substantial income without too much effort.

Crypto: new payroll option?

Whether making payments to local bank accounts, digital wallets such as PayPal, or even paying directly in digital assets, there is a growing demand for payment flexibility worldwide from international workers.

For those in countries with highly volatile markets or places with liquidity issues like Ukraine and Russia, Guez said demand for fast, low-cost cryptocurrency payments has increased. over time.

Learn more: Deel CEO: Crypto offers employers a new payroll option to attract a global workforce

But as employees increasingly embrace the option of having some of their savings invested in virtual assets, she pointed to some concerns, including that digital currencies are still not assets that can be liquidated often or exchanged on a day-to-day basis to buy groceries, for example.

Increasing regulation in the space has also not helped, adding further complexity to crypto payments associated with payroll, she also noted.

“About two or three years ago it was much easier because governments [were still behind in catching on to the trend]but all of a sudden [that has changed]“, she said, adding that apart from the United States, which has made it relatively easy to pay in crypto, most countries have made it very difficult for employees to hold crypto.

Extension of benefits

The world of employment has undoubtedly changed in recent years, paving the way for sustained telecommuting and hybrid work for most companies.

Trends such as pay-as-you-go have also gained traction as more workers seek access to their wages before the end of the government-regulated monthly payment cycle commonly used in most parts of the world. .

“There is almost no logical reason why [employees] shouldn’t be paid sooner if they stay [on the job] and work for the whole month,” Guez noted.

She added that quick access to wages is even more critical in this current macro environment of high interest rates to prevent workers from relying on predatory payday loans to make ends meet.

See also: Avoiding International Payroll Missteps

In this context, she said employers would play a bigger role in initiating short- and long-term loans rather than banks, using balance sheet liabilities such as paid vacation (PTO) or severance pay. departure that are unrelated to salary payments.

With these cheaper financial services and benefits, employees who need access to funds above their salary, to buy a vehicle or cover wedding expenses, for example, can turn to their employer to make up the shortfall. financial.

This is an area where global payroll providers like Papaya, who have access to massive amounts of employee data, can also help.

“We can estimate [employee] just like the bank would and also have full visibility into the liabilities an employer has on the balance sheet – so why can’t we create a place where those needs are met? Guez argued.

For all PYMNTS EMEA coverage, subscribe daily EMEA Newsletter.

We are always looking for partnership opportunities with innovators and disruptors.

Learn more

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OMNIS Wins Halloween Business Idea Pitch Contest https://cellphoneblockerjammer.com/omnis-wins-halloween-business-idea-pitch-contest/ Thu, 03 Nov 2022 19:26:03 +0000 https://cellphoneblockerjammer.com/omnis-wins-halloween-business-idea-pitch-contest/ Body of the review The fourth edition Halloween Presentation Contesthosted by the New business accelerator and the Herbert College of Commercesaw 19 teams compete for $5,000 in seed funding, in front of a panel of industry pro judges inside the Broadway Event Space and Theatre. When the scores have been counted, OMNIS emerged victorious and […]]]>

Body of the review

The fourth edition Halloween Presentation Contesthosted by the New business accelerator and the Herbert College of Commercesaw 19 teams compete for $5,000 in seed funding, in front of a panel of industry pro judges inside the Broadway Event Space and Theatre.

When the scores have been counted, OMNIS emerged victorious and received $2,000 from the prize pool. OMNIS is a participatory social platform where individuals borrow money through short-term community and peer-to-peer microloans, and where others can borrow money to meet their immediate needs.

Zakariya Veasy, a senior software engineering specialist, founded OMNIS to solve the problem of people with limited credit histories being marginalized by traditional banks and exploited by predatory payday loan companies. “Far too often, the underbanked and unbanked are forced to turn to high-interest payday loans to stay afloat at 400% interest on average,” Veasy said. “The value proposition for OMNIS users is that it builds credit for underserved and neglected demographics. With OMNIS, users build community financial literacy and close generational wealth and credit gaps at across the country.

Other teams that have received funding include:

  • Rodopto, founded by Scott Rowe, uses drones to plant crops that can be converted into renewable diesel fuel and received $1,000.

  • Stretch & Go, founded by Josh Green and Tristin Pettus, is a device providing the critical method for stretching the hamstrings awarded $500

  • BAE, founded by William Murphy and Avery Arasin, is an app that allows students to connect with other students within their own college ecosystem awarded $500

  • AbGlo, founded by Marianne Madsen, Holli Michaels and Courtney Montague, is a fitness device that provides visual feedback to correct lower back posture received the $1,000 Special Category Award provided by the Thomas Walter Center for Technology Management.

The Halloween Business Idea Pitch Contest discovers and rewards early-stage business products, services, or concepts emerging from Auburn University students. Winner of last year, Room2Room Moversfounded by Brooks Fuller, a recent graduate of Harbert, is currently experiencing significant commercial success.

Special recognition and appreciation goes to the judges who supported this year’s competition:

Comments that competing teams share each year are that, while the prize money is important, ideas and offers of support from alumni, which will help them in their longer-term business planning efforts, are a long way off. the most valuable elements of the experience. It proves once again that the people of Auburn always come back and always give back.

Congratulations to all the teams that participated in the Halloween 2022 pitch contest: Atlas Esports – AbGlo – BAE – Balance Buddy – Bridal Jeans – Drop Out Flags – Flavivirus Resource Center – Gym Rat U – HyperTransport – Kaopetronite – LoLo Baking – Menu Match – OMNIS – Plainsman Financial Consulting – Rodopto – Seat Key – Stretch & Go – Tennis Taps – Your future is today.

NEXT : tiger cage where start-ups will compete for $50,000 in start-up capital!

Applications to participate in Tiger Cage must be submitted by November 16, with the competition starting on January 27.

To sign up for Tiger Cage, click here or contact Lou BifanoDirector of the New Venture Accelerator at loubifano@auburn.edu for more information.

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Getting ‘stuck’ with payday loans https://cellphoneblockerjammer.com/getting-stuck-with-payday-loans/ Sat, 29 Oct 2022 11:03:45 +0000 https://cellphoneblockerjammer.com/getting-stuck-with-payday-loans/ Image courtesy of Pixabay By JESSICA LOVECourtesy of Indiana Capital Chronicle Have you ever had your car or truck stuck in the mud; and the harder you try to get out, the deeper your tires sink? I have. So, I know from experience: unless you have the luxury of waiting for things to dry, you’re […]]]>
Image courtesy of Pixabay

By JESSICA LOVE
Courtesy of Indiana Capital Chronicle

Have you ever had your car or truck stuck in the mud; and the harder you try to get out, the deeper your tires sink? I have.

So, I know from experience: unless you have the luxury of waiting for things to dry, you’re going to need some help – a push or a pull – to get unstuck.

And you’re probably going to feel a little embarrassed. I mean, technically, even if you had no intention of getting stuck, no one else was driving. Either you didn’t see the danger in front of you, or you thought it wouldn’t be so bad to go through it.

Even if you didn’t have a good way around it, or if you calculated the risk and thought you could get away with it, the fact remains that it happened and you were “at fault”. Thinking back on it, you wish you had done something other than the fix you were looking for – the one that caused your “tires to sink deep in mud and mud” (for others little blue truck fans).

Now imagine that the vehicle you are thinking of represents your family’s financial health and the process of “no longer stuck” as a result of choosing the option to solve your short-term problem yourself – instead of asking for help. or not to think of you had other options – represents a payday loan. The “solution” then becomes a bigger problem to solve than the original problem.

That’s about where the analogy ends, since muddy patches don’t have business models designed to keep you stuck like payday lenders do. It’s by locking people in more that the profits are really made, where the interest rate eventually hits 391% in Indiana. And you really need to find a solution to your solution.

This is why I often refer to the payday loan industry as one of the most subsidized markets in existence – because government and non-profit resources are so often needed to lift people out of disasters caused by payday loans.

What if it didn’t have to be like this?

One way forward is policy change. Right now, the burden is largely on Congress, and your legislative outreach will help make the Fair Credit Act for Veterans and Consumers
– to cap all personal loans at 36% – a reality. You can also ask your state legislators to impose a 36% cap. But until and even after the legislation is passed, many Hoosiers will still need a more responsible way to borrow.

What if there was another route?

What if most of the 88% of Hoosier voters polled who said they would like to see Indiana have a 36% wage rate cap — who are able to provide another way — have paved the way for a solution alternative for their employees and co-workers?

The impact, to reinforce my analogy, would be shattering for Hoosier families who lack the resources to weather a financial shock.

A specific “bypass” – previously available in only 23 counties – recently became available statewide. If you’re a business owner, or an HR representative, or just someone who wants to talk to your boss about providing a financially viable option to those in your workplace, the solution I present to you is the Community Loan Center program.

It is a small, affordable, employer-focused loan program. So what’s the problem ?

Well, as difficult as it may seem, there really isn’t. For companies registered in the program, the CLC program is offered as a benefit at no cost to the employer. Employers literally only have to: 1) confirm employment when a loan is requested and 2) set up a payroll deduction in accordance with the employee’s repayment plan. By doing so, they instantly gain employees who are less stressed and more present for their work.

Made available through non-profit organisations, this affordable 12 month loan is designed to get people into or out of debt instead of trapping them. (CLC loans can be used to repay payday loans.) The reason is simple: nonprofit providers offering this program would rather focus their resources on improving a family’s economic trajectory than on bail out from the earthquake that stems from a payday loan.

Just consider how you could bring this alternative to your workplace
— and actually help solve a co-worker’s short-term financial problem in a way that makes it manageable and gets people out of trouble without getting stuck.

Jessica Love is Executive Director of Prosperity Indiana, a statewide membership organization for individuals and organizations that strengthen Hoosier communities.

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How do you prepare for a recession if you are -2- https://cellphoneblockerjammer.com/how-do-you-prepare-for-a-recession-if-you-are-2/ Wed, 26 Oct 2022 01:57:00 +0000 https://cellphoneblockerjammer.com/how-do-you-prepare-for-a-recession-if-you-are-2/ People should also be aware of the risks of “old-school predatory lending,” Williamson added, including payday loans, auto-title lenders and rent-to-own businesses. Payday lenders in particular tend to settle in communities of color, Williamson said, and are marketed as easy ways to get money. Often these loans come with high rates. “They have an established […]]]>

People should also be aware of the risks of “old-school predatory lending,” Williamson added, including payday loans, auto-title lenders and rent-to-own businesses. Payday lenders in particular tend to settle in communities of color, Williamson said, and are marketed as easy ways to get money. Often these loans come with high rates.

“They have an established presence in the community, and in many ways low-income consumers need to look beyond that to determine if there are other, more sustainable ways to get a small loan,” said Williamson.

When credit becomes harder to come by during a recession as lenders limit borrowing, people will be tempted to turn to abusive products and worse terms because it seems like whatever is available, Friedline said.

Credit card issuers previously reduced credit limits during the COVID-19 pandemic and the Great Recession, a measure that may help them avoid losses from consumers unable to repay debts, according to a June report from Consumer Financial Protection Bureau. However, these discounts can dramatically increase usage, or consumers maxing out their cards, which in turn can lower credit scores and make it even more difficult to borrow.

“People on low incomes are short on money, so you may know you’re being scammed, but what other options do you have?” Friedlin said.

Still, she said to watch out for promises of “a new product you’ve never heard of before that’s positioned as something that’s really going to help you,” like payday advances offered by an employer, which may come with a fee. and have worried some consumer advocates.

Given these vulnerabilities, Friedline added, policymakers could put in place more regulations and consumer protections, like interest rate caps on small loans. “The exploitation that we think is likely to happen doesn’t have to happen,” she said.

Of course, not all forms of support are scams. There are government programs that will help cover or reduce utility bills, for example. Consumers can sign up for Federal Trade Commission email alerts to stay up to date on money-saving tips and scammers taking money.

People can contact the Consumer Financial Protection Bureau with complaints about financial services, Friedline noted. The agency also offers several guides for those looking to buy a home, maintain their financial health in emergencies and disasters, or plan for retirement.

Collins, of the University of Wisconsin-Madison, noted that it helps to keep an open dialogue with family members about the financial situation. It’s normal to feel stressed about your budget, but there’s no point in ignoring the problems.

“The more people can talk about this stuff, whether it’s virtually or with friends and families or others — just so it’s less taboo — that’s important,” Collins said.

-Emma Ockerman

 

(END) Dow Jones Newswire

10-25-22 2157ET

Copyright (c) 2022 Dow Jones & Company, Inc.

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Credit bigwigs back Thoma Bravo’s Nearmap deal https://cellphoneblockerjammer.com/credit-bigwigs-back-thoma-bravos-nearmap-deal/ Mon, 24 Oct 2022 03:16:00 +0000 https://cellphoneblockerjammer.com/credit-bigwigs-back-thoma-bravos-nearmap-deal/ Four loan funds will pay up to $236 million ($369 million) to help finance Thoma Bravo’s bid for Australian mapping software company Nearmap. The financiers – Bain Capital Credit, MS Capital Partners, Jefferies Credit Partners and Carlyle Global Credit Investment Management – formally made their commitments last week, and their funds will be used to […]]]>

Four loan funds will pay up to $236 million ($369 million) to help finance Thoma Bravo’s bid for Australian mapping software company Nearmap.

The financiers – Bain Capital Credit, MS Capital Partners, Jefferies Credit Partners and Carlyle Global Credit Investment Management – formally made their commitments last week, and their funds will be used to acquire Nearmap and pay associated transaction costs and expenses.

Investors in ASX-listed Nearmap will vote next month on the company’s $1.06 billion plan of arrangement. Aerial imagery by Nearmap

The debt package comes with an equity commitment from Thoma Bravo, a major U.S. private equity firm, worth $1.055 billion, according to the Nearmap program book filed at the end of the week. last.

Thoma Bravo writes the check for Thoma Bravo Discover Fund IV, a $4.5 billion fund focused on investing in middle-market software and technology companies.

Thoma Bravo offered $2.10 per share for Nearmapor $1.055 billion, as part of an agreement to be concluded via a plan of arrangement.

Nearmap shareholders were asked to vote on the deal in time for a November 25 plan meeting. Shares of the company were trading at $1.99 on Monday.

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Online Payday Loans Near Me No Credit Checks Instant Approval https://cellphoneblockerjammer.com/online-payday-loans-near-me-no-credit-checks-instant-approval/ Fri, 21 Oct 2022 13:42:47 +0000 https://cellphoneblockerjammer.com/online-payday-loans-near-me-no-credit-checks-instant-approval/ Payday Loans Online No Credit Check Instant Approval Get 100% cash advance online even with bad credit. The best service for fast loans! Payday Loans Online No Credit Check Instant Approval There are a variety of payday loan types, and online lenders offer many customization and personalization options for you to choose from. These payday […]]]>

Payday Loans Online No Credit Check Instant Approval

Get 100% cash advance online even with bad credit. The best service for fast loans!

Payday Loans Online No Credit Check Instant Approval

There are a variety of payday loan types, and online lenders offer many customization and personalization options for you to choose from. These payday loans near me online no credit check come with certain types of minimums, high interest rates such as 30% and even the ability to roll over these types of loans, so you have the option of have an instant payday loan. In most cases, you will be able to get a loan for any amount up to $750. However, you will need to go through a formal process that will help you determine if a loan is right for you. Most online lenders will ask you to provide your credit score, income history, and proof of income.

Payday loans

This is often called a “cash advance” because the original loan is repaid in cash, but the repayment amount is less. Sometimes lenders offer other options like cash back credit, and other times they offer refinance options, which are loans that include the same interest rate as the original loan, but require a lower payment amount. Refinancing your loans is often less expensive than refinancing a payday loan just to avoid paying interest, and we offer that to our customers too! The benefits of refinancing vary from lender to lender, but may include: a lower interest rate.

In fact, it can be so difficult for borrowers to repay their loans that they could end up in default, which will also put them under stricter debt collection policies from lenders. In addition to being very convenient for the borrower and easy to repay, a cash advance can also help you avoid debt collection if, ever, you are unable to repay the payday loans you have. borrowed.

Instant payday loans near me online with no credit check, instant approval as well as a very short repayment period, which is especially useful if you have multiple payday loans. So before you take out an instant payday loan online, or any of their many variations such as cash advance or prepaid card, check with your lenders and ask for more information about the risk they take with this product. For example, a full-time employee may not have the required work experience to qualify for an instant loan.

These payday loans are all designed to be repaid in one payment period. These types of loans may be more advantageous for people who need to pay their bills quickly because their repayment period is shorter. Online payday loans offer different types of loans and the loans have different terms and varying interest rates.

A borrower can pay a cash advance of $50 with an interest rate of $50/month. In this scenario, the borrower would repay these funds to the lender in a single payment. Other types of payday loans are short term loans like the $10 payday loan with an annual interest rate of 13%. These types of loans often last only 90 days. You can also get a payday loan if you only need the money now and don’t want to pay it within a month. These loans are granted for as little as $10. Some lenders offer longer monthly payments, such as 12 monthly installments, but this is not common.

A variable rate loan with the same principal amount will have a variable rate for the remaining term of the loan. With these loans, borrowers decide when they want their payday loan paid off. Since most payday loan borrowers are required to repay it within seven days, it makes sense to give them time to complete their payment by repaying their loan rather than rushing them to complete their payments every time. they finish a paycheck.

There are ways to reduce the monthly payment amount, but many may require you to repay the loan in full. If you are unable to repay, many lenders can extend credit to you even if your original loan payment does not meet current terms. Low monthly payment, interest rate payday loans, online payday loans.

Payday loans without a credit check

These minimum credit card payments are often tied to an interest rate determined by a credit card company called the credit interest rate (CIR). As such, there is usually a higher risk or higher rate of bankruptcy when paying off your credit card debt.

Therefore, there is often a much higher cost to pay off debt on a credit card than a mortgage. Also, in some states, credit card lenders can cancel the credit card if you don’t pay any debt available on the account, which means that all of the principal is canceled if you pay your debt as scheduled. The best cash advance payday loans near me online with no instant credit check approval come with a small down payment for your credit card, with no interest rates or fees.

Fast Cash is a payday loan with a credit balance that must be repaid daily. It is a type of prepaid loan that requires a credit check. When a consumer has money in your account, they must repay the full amount before they can retrieve it again. They can make their first payment online, free of charge, without fees and without a credit check.

You are never too old for a cash loan. The cash advances we offer can pay off the full balance plus interest in just 30-60 days, with no application fees, no credit checks and no approval delays.

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