Mechanical work – Morris Young Motors http://morrisyoungmotors.com/ Sun, 07 Aug 2022 11:00:28 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://morrisyoungmotors.com/wp-content/uploads/2021/10/icon-1.png Mechanical work – Morris Young Motors http://morrisyoungmotors.com/ 32 32 I changed careers last year. This is what happened to my finances https://morrisyoungmotors.com/i-changed-careers-last-year-this-is-what-happened-to-my-finances/ Sun, 07 Aug 2022 11:00:28 +0000 https://morrisyoungmotors.com/i-changed-careers-last-year-this-is-what-happened-to-my-finances/ Image source: Getty Images After more than a decade working on-site for non-profit museums, I decided I needed a change last year and have since started working remotely as a writer and editor of contents. There’s been a lot of news about people like me, a millennial who quit her job in the wake of […]]]>

Image source: Getty Images

After more than a decade working on-site for non-profit museums, I decided I needed a change last year and have since started working remotely as a writer and editor of contents. There’s been a lot of news about people like me, a millennial who quit her job in the wake of a pandemic that changed the lives of almost everyone on Earth. However, I haven’t seen many articles about the financial implications for us. After a year, I think it’s time to think about my personal finances.

Higher utility bills…but higher productivity

When I made this change, I went from working on-site 100% of the time (except for a few months in spring and summer 2020, like many Americans in office jobs) to working remotely 100% of the time . I didn’t used to worry about keeping my home comfortable for humans all the time. My cats have fur coats and enough comfortable beds and blankets that they can generally be comfortable even if it is cooler in our house on a cold winter day. Now I spend more on my utility bills, because I have to maintain a comfortable temperature in my living and working space all day long. Fortunately, my home office sees the fewest temperature fluctuations of any room in my house.

However, my productivity has skyrocketed since I started working from home. It’s always quiet, and I can often easily reach the deeper headspace needed for researching, writing, and editing. And because my work is always close at hand, it’s easy for me to work more (and earn more) than before. I love my job, so I see that as a good thing!

Move less often… and more often

My old career was very geolocated, to my personal and financial detriment: if I wanted a new job, I had to move. I’ve moved 10 times in just 10 years. Now I no longer have to worry about being close to my employer. And as a result, I’ve signed up to stay in my current tenancy for at least one more year, and I can stay even longer than that.

Although I don’t move as often as I used to, I’m starting to move my body more because I don’t have a commute anymore. I also have more “me time” during the day due to the flexible nature of my job. I like to take long walks and live in a lovely pedestrian area. I try to go out for a walk at least once a day (sometimes twice!). I listen to music or a podcast, and it’s one of the best things I can do for my physical and mental health.

Yes to technology… no to the wardrobe

Thanks for getting a better manage my finances this year I’m a much savvier shopper than before, and the things I spend money on have changed. I hadn’t owned a desktop computer in 10 years, but earlier this year I bought a high-end one. This computer can handle anything I throw at it, and I got a bargain buying it factory refurbished. It also led to greater productivity than I could have ever achieved working on a laptop with a small screen, which was all I needed as a personal computer before working from home.

When I worked in museums, I had to devote a good part of my income to financing the wardrobe that I needed for work. Every day I could have built exhibits, taught student interns, taken a guided tour, given a public presentation, or even met with big-name donors or local government officials. So I always had to watch the game. Now I keep it simple and rely on my existing wardrobe.

Plan for the future…and mourn the past

The COVID-19 pandemic has changed a lot for a lot of people, and I’m no exception. It pushed me to change careers, and this career change opened financial doors for me that were locked and sometimes even closed before. I am hoping to buy a house in a few years, and after I finish paying off my debt, I can save the money to do it. My credit score is the highest it’s ever been, and I hope to take it even higher. I do not have Pension saving, and that’s another goal I’ll be working towards starting next year. I’ve never made enough money to not live paycheck to paycheck, and I’m finally in a place where I can get past this stressful lifestyle.

This past year hasn’t been all sunshine and roses, and I sometimes miss my old job. But I don’t regret never having enough money to plan for the future and always feeling like I’m hanging on the edge of a financial cliff. Those of us who participated in the “Great Resignation” were all looking for the same things: greater freedom, greater happiness, and greater financial security. I’m happy to report that so far I’ve been successful in all three.

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ConsolidationNow has been reorganized as RixLoans Payday https://morrisyoungmotors.com/consolidationnow-has-been-reorganized-as-rixloans-payday/ Fri, 05 Aug 2022 00:53:26 +0000 https://morrisyoungmotors.com/consolidationnow-has-been-reorganized-as-rixloans-payday/ ConsolidationNow has been rebranded RixLoans Payday. This change reflects the company’s desire to help consumers obtain better loan products and services. The changes will also allow the company to reach more borrowers in various states across the United States. The RixLoans website is more user-friendly and loan applications will take less time to complete. Consumers […]]]>

ConsolidationNow has been rebranded RixLoans Payday. This change reflects the company’s desire to help consumers obtain better loan products and services. The changes will also allow the company to reach more borrowers in various states across the United States.

The RixLoans website is more user-friendly and loan applications will take less time to complete. Consumers who submit their loan applications early can receive their funds the same day. Most applicants will receive their money within 24 hours of approval. Borrowers who cannot obtain loans from traditional financial institutions due to bad credit will have a high chance of obtaining loans from RixLoans without going through a rigorous credit check.

As more Americans face financial challenges in 2022, RixLoans founder Usman Konst aims to provide loans at competitive rates and educate more people about personal finance. He believes that everyone deserves a second chance in life. The founder of RixLoans has made it easier for more people to get loan approvals online by linking them to many direct lenders.

The company will meet the needs of all borrowers looking for payday loans, installment loans and title loans, among other financial products. His financial news blog will also help consumers keep up to date with the latest news from the lending industry. This blog will benefit those who are looking for money saving tips and developments in the lending industry.

In addition to providing online loan services, RixLoans will also strive to give back to the community. The company will do this through child welfare initiatives, food bank donations and awareness activities. Customers can receive more updates regarding these programs by following the company on all of its social media platforms.

RixLoans understands that every borrower needs security assurance when submitting their details online. That’s why the company uses computer virus protection software to detect and prevent malicious programs on its computer network. It also uses secure transmissions to help maintain data privacy. All information is sent using 128-bit Secure Socket Layer (SSL) encryption. Borrowers from all states that allow payday loans can access RixLoans loan services. The company operates online and anyone who meets the payday loan eligibility criteria can apply through the company’s website.

Media Contact
Company Name: RixLoans
E-mail: Send an email
Address:2800 NE 209th Street
Town: Adventure
State: FL 33180
Country: United States
Website: rixloans.com/

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Mill City Ventures outperforms in specialist finance https://morrisyoungmotors.com/mill-city-ventures-outperforms-in-specialist-finance/ Tue, 02 Aug 2022 12:02:49 +0000 https://morrisyoungmotors.com/mill-city-ventures-outperforms-in-specialist-finance/ Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. New York, New York–(Newsfile Corp. – Aug. 2, 2022) – Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, was recently the subject of media coverage by leading news site and […]]]>

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New York, New York–(Newsfile Corp. – Aug. 2, 2022) – Mill City Ventures III, Ltd. (OTCQB: MCVT), a non-bank lender and specialty finance company, was recently the subject of media coverage by leading news site and publisher, SmallCapsDaily. The coverage details how Mill City Ventures is playing a key role for high-growth small businesses and property operators in a relatively unstable credit market environment, with higher thresholds for bank loans and rising interest rates. SmallCapsDaily’s deep dive outlines the fundamentals and returns of capital employed by Mill City Ventures III, Ltd. (OTCQB: MCVT), noting that Mill City specializes in lending money or other specialized financing options to public and private companies to fund their operations, including start-up, acquisition and growth.

The article also outlines how Mill City primarily focuses on lending to private and publicly listed companies and reveals that their goal is to provide above-market returns to their investors while working to reduce investor risk. Based in Wayzata, Minn., the coverage notes that Mill City also provides litigation financing, asset-backed loans, title loans, tax anticipation loans, home bridge loans, mortgages, and more. The company is headquartered in Wayzata, Minnesota.

Given its unique approach to lending, in that Mill City Ventures assesses each loan application by considering hard data such as the borrower’s intent and ability to pay, as well as the value of the loan. ‘asset of any pledge collateral, coupled with the company’s fast processing speed that justifies the higher cost of borrowing for any borrower, potential borrowers are increasingly looking to Mill City.

For more detailed information visit

https://smallcapsdaily.com/mill-city-ventures-a-true-outperformer-in-the-specialty-finance-domain

Key points to remember

  • With fewer reporting requirements, Mill City Ventures has significantly higher flexibility in its investments and lending policy and offers a great mix of aggressive lending and robust risk management.

  • Mill City Ventures posted a strong return on equity of 11% and an overall return on capital employed of 9.4%.

  • Mill City Ventures manages nearly $19 million, taking into account the company’s total debt and equity holdings.

  • Mill City has had an ROI on recent loans as high as 58.29%.

About Mill City Ventures III, Ltd.

Founded in 2007, Mill City Ventures III, Ltd., is a non-bank short-term lending and specialty finance company. Additional information can be found at www.sec.gov.

Forward-looking statements

SmallCapsDaily profiles do not constitute a solicitation or recommendation to buy, sell or hold any securities. SmallCapsDaily is a paid advertiser and does not offer titles for sale. Neither SmallCapsDaily nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an investment adviser under any federal or state law and none of the information provided by SmallCapsDaily, its owners, operators, affiliates or anyone disseminating information on its behalf should not be construed as investment advice or investment recommendations. Small Caps Daily does not recommend that any securities featured be bought, sold or held and is not responsible for the investment decisions of its readers or subscribers. Information presented by Small Caps Daily may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statement expressing or implying discussions of forecasts, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance, are not statements of historical fact and may be “forward-looking statements”. Forward-looking statements are based on expectations, estimates and projections at the time the statements are made, which involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated. . Forward-looking statements can be identified by the use of words such as “expects”, “will”, “anticipates”, “estimates”, “believes”, “may” or by statements that certain actions “may ‘, ‘could’ or ‘might’ occur.

Contact:
SmallCapsDaily

[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132545

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6 tips for getting the best quote at a pawnshop https://morrisyoungmotors.com/6-tips-for-getting-the-best-quote-at-a-pawnshop/ Wed, 27 Jul 2022 10:28:40 +0000 https://morrisyoungmotors.com/6-tips-for-getting-the-best-quote-at-a-pawnshop/ It’s safe to say that pawnshops are highly underrated. But, the truth is that pawnbrokers are legitimate companies that offer services that might not be provided by traditional banks. Whether it’s taking on title loans or selling your items for the best price, pawnshops can be a great way to buy exotic collectibles and other […]]]>

It’s safe to say that pawnshops are highly underrated. But, the truth is that pawnbrokers are legitimate companies that offer services that might not be provided by traditional banks. Whether it’s taking on title loans or selling your items for the best price, pawnshops can be a great way to buy exotic collectibles and other valuable items.

However, when it comes to getting the right deal for your item, there are a few things you need to keep in mind. Read on to find out the top tips that can help you get the best quote at a pawn shop.

Sell ​​it right away

When you go to a pawnshop or a diamond pawnshop To pawn your item, you usually have two choices. One is to sell the item immediately, while the other option is to hold it as collateral and take out a loan.

If you want the best deal for your item, it’s best to go with the first option. If you sell your item right away, the pawnbroker won’t be required to keep that item until you repay the loan. This would mean that they would be ready to offer you the best quote.

To conduct research

6 tips for getting the best quote at a pawnshop

To get an idea of ​​how much you should expect a pawn shop, it is often recommended to find out how much your item is actually worth. For this, you can browse the internet to get a fair estimate of the value.

You can also visit websites like eBay to find out how much your used item is worth.

Bring documentation

If you want to pawn your precious metals like diamond rings or necklaces, be sure to bring all the required documents, like a certificate of purity, to the pawnbroker. This will validate the value of your item. Also, if you want to get the best price, you can also go to a jewelry store and get an appraisal certificate to show to your pawnshop.

Finally, if you want to sell a collectible like novels or wristwatches, it’s best to bring the accompanying certificate to get the best price.

6 tips for getting the best quote at a pawnshop

Compare the prices

Remember: there isn’t just one pawnshop around. If you can’t get a good quote at your local pawnshop, shop around for the best quotes.

Also, if you want the best price for your item, you can visit online pawnshops and get a free quote.

To negotiate

We understood; Negotiating a deal can be quite daunting. Additionally, the pawnshop owner may seem more experienced than closing the deal and turning a profit.

However, you need to take a stand and negotiate the best possible price. If you are asked how much you expect, try not to give a number right away. Instead, ask the owner how much they’re willing to give for your item.

Also remember that you are under no obligation to accept the offer. If you don’t get the right quote at your local store, look for another store or search for a pawn shop online.

6 tips for getting the best quote at a pawnshop

Clean item

An item that looks good and sells well. So to ensure you get the best deal, be sure to clean it up. If it’s a diamond ring you’re betting on, be sure to get rid of that thick layer of dust. In short, make it sparkle to attract the best quote.

In a word

To get the right price for your property, it is wise to sell it for cash rather than take out a pawnbroker. Also, do thorough research and compare different quotes to choose the best one. Finally, remember to understand how the pawnshop works so you can negotiate properly and get the best deal possible.

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Swift Title Loans New Florida Locations https://morrisyoungmotors.com/swift-title-loans-new-florida-locations/ Sat, 23 Jul 2022 07:02:52 +0000 https://morrisyoungmotors.com/swift-title-loans-new-florida-locations/ LOS ANGELES, CA, July 23, 2022 /24-7PressRelease/ — At Swift Title Loans, we would like to advise our California customers that all branches in California have been closed. However, in Florida we have opened additional branches to better serve our customers. Whatever your urgent cash needs, we want to help! Please feel free to visit […]]]>

LOS ANGELES, CA, July 23, 2022 /24-7PressRelease/ — At Swift Title Loans, we would like to advise our California customers that all branches in California have been closed. However, in Florida we have opened additional branches to better serve our customers. Whatever your urgent cash needs, we want to help! Please feel free to visit any of our Florida offices to complete your title loan application or to speak with our customer service agents.

Take advantage of full-service title lending products in Florida

If you need money fast, we’d be happy to help you with a Florida title loan. Although our California title lending offices are permanently closed, we are available in Florida to service your title lending requests. When you walk into one of our offices, you will meet a friendly and professional team of customer service agents who will be happy to guide you through the application process.

If you are in a difficult financial situation and you don’t know where to turn, come talk to us. After explaining the process of how title loans work, we can help you every step of the way. From filling out your easy loan application form to signing a loan agreement, we want you to understand how easy title loans can help you. Quickly get the money you need for any purpose.

Use of securities lending

Title loans simply use something of value that you own as collateral for a quick loan that you can use for any purpose. The reason they are fast is because you are securing your loan with a valuable asset. When comparing a title loan to an unsecured loan, they may be easier to obtain.

This is especially true for anyone who has a bad credit score. With a bad credit status, it can be very difficult, if not impossible, to get a bank or other financial institution to give you money. But this is not the case with title loans. Highlighting an asset, like a car, reduces risk for lenders and helps get approval fast, even with bad credit. When you get the money, you can use it as you see fit!

Win-win loan situation

Whatever money you need, you won’t lose anything by applying for a Florida title loan. Even though the California offices are permanently closed, there are many new locations in Florida to help you. By providing us with some basic details, you can get a quick response to your money request.

If you are approved and get a loan offer to sign, you are under no obligation. Read the terms of the offer and if you agree with them, sign it and we will prepare your money! There are no hidden charges or prepayment charges to worry about.

get your money

After signing the loan document in our offices, we will be happy to prepare your money. We will require you to submit your title before we collect your money. After that, you are good to go!

You can pick up the money at one of our offices in Florida or you can have a check mailed to you. If you prefer other options for getting the money, such as a direct transfer to your account, you can discuss this with one of our customer service team members.

Do not wait to contact us!

We are ready to serve you now! Come into our office and let us help you with money quickly and easily!

Let’s start now with your money!

At Swift Title Loans, we take our role in the lives of Florida residents seriously. We want to lend money fast when you need it, support your financial goals, and inspire you to keep on the right track. We want to help you with the money you need for whatever purpose, without putting obstacles in your way. Contact us the next time you want a quick loan.

Related link:
https://cartitleloansla.com


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5 tips for starting an oil company – Research Snipers https://morrisyoungmotors.com/5-tips-for-starting-an-oil-company-research-snipers/ Fri, 15 Jul 2022 07:23:58 +0000 https://morrisyoungmotors.com/5-tips-for-starting-an-oil-company-research-snipers/ Starting an oil company is no picnic. You will need a lot of capital and will need to obtain permits and licenses from various government entities. But the oil industry is a billion dollar industry with high risk and good return on investment. It is a sector with huge opportunities like oil drilling, oil distribution, […]]]>

Starting an oil company is no picnic. You will need a lot of capital and will need to obtain permits and licenses from various government entities. But the oil industry is a billion dollar industry with high risk and good return on investment. It is a sector with huge opportunities like oil drilling, oil distribution, oil processing and ocean oil spill cleanup.

The Independent Petroleum Association of America believes that independent oil companies contribute 4.1% of the gross domestic product (GDP) of the United States. These companies provide jobs for about four million people. Looking to start an oil company? Here are five great tips for starting an oil company.

Determine what you are going to focus on

The oil and natural gas industry offers vast opportunities in oil drilling, processing, distribution, oil drilling equipment sales, consulting and supply. You need to figure out what you want to focus on because a blanket approach is illogical. Consider your experience, qualifications, and skills when choosing your business niche.

Assess the target market

What sets a company apart is knowing what their target market needs and delivering it. Find out what you can do better than your competitors and how to solve big challenges. If you want to start a scalable oil company, you need to do a thorough study market analysis of the particular sector. Identify your competitors, know your strengths, the successes and failures of other businesses, and the value your business brings.

Develop a business plan

Once you’re ready to bring your business idea to fruition, it’s time to write a business plan. A business plan is a blueprint for why, where, and how you want to start a business. It should highlight the location of your startup, the services you will offer, the summary, the funding, and the value proposition.

To start an oil company, you need a large capital investment. Identify your funding sources early on: crowdfunding, small business loans, bank loans, savings, or short-term loans. You can even start small with a title loan. It is easy to apply and you will quickly get money to start your business. Look for auto title loan online and explore the available options.

Register your company and get the relevant documents

Just like starting any other business, starting an oil company involves many lengthy processes. You will need certifications, permits and licenses from several governments regulatory bodies such as the Environmental Protection Agency (EPA) and the Internal Revenue Service (IRS). It is advisable to hire a lawyer or oil and gas company registration expert to guide you through the application process.

Start your business

After registering your business and getting the green light from regulators, it’s time to launch your startup and serve customers. Invest in the right equipment to deliver great services and products. Hiring a team with prior experience will also help you scale your business quickly, so you get only the best talent. Hire experts in administration, the oil industry (for sound advice), sales, marketing, engineering and public relations.

Alice is a professional writer and editor at Research Snipers. She has a keen interest in technology and gadgets. She works as a junior editor at Research Snipers.

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Budgeting tips for new owners https://morrisyoungmotors.com/budgeting-tips-for-new-owners/ Fri, 15 Jul 2022 07:00:00 +0000 https://morrisyoungmotors.com/budgeting-tips-for-new-owners/ Additionally, no matter how new your home is, you will eventually encounter maintenance projects that exceed the typical 1-2% allowance of your budget. For example, large-scale roof repair is expensive, and partial or full roof replacement is even more expensive. Although you only need to re-roof every 20 to 30 years – or before you […]]]>

Additionally, no matter how new your home is, you will eventually encounter maintenance projects that exceed the typical 1-2% allowance of your budget. For example, large-scale roof repair is expensive, and partial or full roof replacement is even more expensive. Although you only need to re-roof every 20 to 30 years – or before you decide to sell – the project will be much easier if you’ve put some money aside for a while.

Catastrophic events

Unfortunately, you may also face events that you could not have foreseen. Home insurance will protect the structure of your home and your most expensive possessions, but it is not unlimited. Some homeowners don’t know what homeowners insurance will or will not cover. Here is a non-exhaustive list of what is or is not usually included in a typical policy.

Standard home insurance typically will be cover these:

  • Your main residence and any outbuildings on your property
  • Civil and medical liability
  • Damage caused by fire and smoke
  • Extreme weather conditions like thunderstorms, lightning and hail
  • Crimes such as theft and vandalism
  • Accidents such as falling trees

Standard home insurance will generally be not cover these:

  • Earthquakes and floods (although top-up cover is often available)
  • Damage caused by termites or other pests
  • Valuable jewelry or artwork (although top-up coverage is often available)
  • Damage caused by negligence, poor home maintenance or normal wear and tear

Additionally, most insurance policies have nuanced coverage options: liability, cash value or replacement, depreciation costs and more. That’s a lot of information to sort through, but it’s worth making sure your home is fully protected.


Revisiting savings and life insurance

Whenever you have a significant life event, it’s a good idea to review the state of your long-term finances, and buying a home is definitely considered one of those events.

Emergency fund

Unfortunately, the world recently received a stark reminder of the importance of emergency savings in the form of a global pandemic. Of course, it doesn’t take a global catastrophe to bring you or your family down — an injury or illness can change your financial situation just as quickly.

Experts recommend keeping an emergency fund with enough money to cover three to six months of necessary monthly expenses. It’s easier said than done, but make sure your emergency fund takes into account all of your new expenses as a homeowner.

Life insurance

Likewise, since your expenses may have increased, it’s also a good idea to consider whether you need to purchase a more robust life insurance policy. Especially if you have a family that depends on your income, it’s a good idea to price some different policies. You might consider looking at policies that only cover the house (i.e. your new assets) and compare them with policies that cover all of your assets together.

Retirement

Finally, carefully review your retirement plan to see if it will cover your new expenses. For example, if you plan to retire before you have paid off your mortgage, be sure to consider your monthly payments. There are several formulas that can help you figure out how much of your annual income you should be saving based on your age, but whichever one you use, the earlier you start, the better off you’ll be.

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Louisiana enacts new requirements for student loans https://morrisyoungmotors.com/louisiana-enacts-new-requirements-for-student-loans/ Tue, 05 Jul 2022 22:58:45 +0000 https://morrisyoungmotors.com/louisiana-enacts-new-requirements-for-student-loans/ On June 18, 2022, the Governor of Louisiana signed into law two new bills that impose new requirements for student loans. Both bills come into force on August 1, 2022. HB 610. HB 610 creates the following new obligations for student loan servicers: Response to inquiries/complaints. A student loan officer must acknowledge receipt of a […]]]>

On June 18, 2022, the Governor of Louisiana signed into law two new bills that impose new requirements for student loans. Both bills come into force on August 1, 2022.

HB 610. HB 610 creates the following new obligations for student loan servicers:

  • Response to inquiries/complaints. A student loan officer must acknowledge receipt of a written request or complaint from a student borrower or authorized representative of a student borrower within 10 days of receiving the request or complaint. Unless a response to the written request is included in this acknowledgement, the student loans servicer must provide information responding to such written request or complaint within 30 days of receipt. If such a written request or complaint relates to a student borrower’s account balance, the response must include either:
    • A statement that the student loan officer corrected the account; Where
    • An explanation of why the student loan officer believes the student borrower’s account is correct.

If a student borrower requests a document relating to their account that is in the possession or control of a student loan servicer, the servicer must provide the document within 30 days of receiving the request.

  • Non-Compliant Payments. A “non-conforming payment” means a payment made by a student borrower that is more or less than the payment required for a student loan account. If a student loan servicer receives a non-compliant payment, the servicer must:
    • Notify the student loan borrower that the payment is non-compliant within 10 days of receiving payment;
    • Ask the student loan borrower how they would like the student loan servicer to enforce the non-compliant payment on the borrower’s account.
  • Prohibitions. Except as required by court order or federal law, student loan servicers are prohibited from:
    • Employing, directly or indirectly, any scheme, device or artifice to mislead a student borrower.
    • Engage in unfair, abusive or deceptive business practices towards any person.
    • Misrepresent information or omit material information in connection with servicing a student loan, including, but not limited to, the following:
      • All fees owed by a student borrower.
      • Any payment due from a student borrower.
      • The suitability or availability of a student borrower’s repayment options.
      • The terms of the student loan for studies.
      • The obligations of the student borrower under the student loan for education.
    • Obtaining property by misrepresentation of fact or omission of material fact.
    • Assign a non-conforming payment in a manner other than as instructed by the student borrower if, in writing or electronically, the student borrower does any of the following:
      • Establish a single directive for allocating future payments.
      • Directing an allocation of a payment at the time the payment is made.
      • Directing an allocation in response to a request from the student loan officer.
      • Modify an existing direction for allocating future payments.
    • Misapplication or refusal to correct misapplication of a student loan payment.
    • Provide inaccurate information to a consumer reporting agency or refuse to correct inaccurate information provided to a consumer reporting agency.
    • If a student loan officer regularly reports information to a consumer reporting agency, failing to report a student borrower’s favorable history to a nationally recognized consumer reporting agency at least once a year.
    • Refuse to communicate with an authorized representative of a student borrower who provides written authorization signed by the student borrower. However, a student loan servicer may adopt procedures to verify that an authorized representative of a student borrower is authorized to act on behalf of the student borrower.
    • Carelessly misrepresent or omit a material fact in connection with any information report filed with or investigation by any state or local government agency.

HB 789. HB 789 requires private education lenders to register with the Louisiana Bureau of Financial Institutions and provide an annual report to the state on some of their private education lending activities. “Private Education Loan” is defined as “any person engaged in the business of obtaining, making or extending a private education loan, or any holder of a private education loan”. “Private Education Lender” does not include any federally insured financial institution, its subsidiaries and affiliates. “Private Education Loan” is defined as an extension of credit or debt or obligation owed or incurred by a consumer, contractual or otherwise, conditional or absolute, that:

  • Is not made, assured or guaranteed under Title IV of the Higher Education Act of 1965;
  • Is extended to or owed or incurred by a consumer expressly, in whole or in part, for post-secondary education expenses, whether the extension of credit or debt or obligation owed or incurred is provided by the provider of post-secondary education the student is attending; and
  • Does not include any loan secured by real estate or housing.

Registration requirements do not apply to lenders licensed under the Louisiana Consumer Credit Law, La. Rev. Stat. Anne. § 9:3557, or to any bank, savings bank, credit union or credit union operating pursuant to the authorization granted by the Commissioner of the Office of Financial Institutions. The bill also requires the Louisiana Bureau of Financial Institutions to publish certain data and information about registered private education lenders.

]]> Nearly a Quarter of US Investors Have Used Loans to Buy Crypto https://morrisyoungmotors.com/nearly-a-quarter-of-us-investors-have-used-loans-to-buy-crypto/ Mon, 04 Jul 2022 17:08:19 +0000 https://morrisyoungmotors.com/nearly-a-quarter-of-us-investors-have-used-loans-to-buy-crypto/ A large number of retail investors in the United States took out loans, often at exorbitant interest rates, to buy cryptocurrencies, and more than half of those investors ended up losing money, according to a recent investigation by DebtHammer. DebtHammer surveyed over 1,500 people in the United States to learn about their crypto investing habits […]]]>

A large number of retail investors in the United States took out loans, often at exorbitant interest rates, to buy cryptocurrencies, and more than half of those investors ended up losing money, according to a recent investigation by DebtHammer.

DebtHammer surveyed over 1,500 people in the United States to learn about their crypto investing habits and how they affect the already indebted nation.

Loans for Crypto Investments

According to the survey, over 21% of crypto investors said they used a loan to pay for their crypto investments.

Personal loans seem to be the most popular choice among investors, as more than 15% said they used one to fund their crypto purchases. Many have also used payday loans, title loans, mortgage refinances, home equity loans, and even leftover student loan funds to acquire crypto.

crypto investors loan
Chart showing the percentage of investors who have used loans to invest in cryptocurrencies (Source: DebtHammer)

About 1 in 10 investors who have used a payday loan have used it to purchase cryptocurrencies. Most borrowed between $500 and $1,000 to invest in crypto, the survey showed. However, DebtHammer researchers noted that these were risky purchases despite the low amount borrowed, as payday loans averaged around 400% APR.

Retail investors who have used loans to purchase crypto have said their purchases have not always been successful. Nearly 19% of respondents said they had trouble paying at least one bill due to their crypto investments, while around 15% said they were worried about eviction, foreclosure or destruction. a car repossession. Payday loan users appeared to have suffered slightly less, with only 12% saying they had trouble paying a bill or worried about evictions, foreclosures or foreclosures.

crypto investors loan
Chart showing the percentage of crypto investors at risk of seizure, eviction, or vehicle repossession due to loans used to purchase cryptocurrency (Source: DebtHammer)

Loans aren’t the only way investors used to buy cryptocurrencies when they ran out of money.

According to the survey, over 35% of respondents said they used a credit card to buy crypto. While around 20% of them paid it off when the bill was due, 14% said they were paying it back gradually with an introductory offer at 0% APR or full interest.

All the borrowed money went to a handful of cryptocurrencies. The survey showed that more than half (54%) of respondents used borrowed money to buy Bitcoin (BTC). Dogecoin (DOGE) came in second, with nearly 35% of respondents saying they bought the token with loans, while just under 30% said they bought Ethereum (ETH).

crypto investors loan
Chart showing which cryptocurrencies retail investors bought with borrowed money (Source: DebtHammer)

Just under 23% of those who borrowed money to buy cryptocurrency said they did so because crypto prices had fallen sharply. Around 15% said they consider cryptocurrencies a good long-term investment, while 17% said crypto prices are “historically low”.

A notable percentage of respondents (18.5%) said they borrowed money to buy cryptocurrency because their credit card company or bank offered them a promotional interest rate of 0%.

However, not everyone who plays wins.

Of those who borrowed money to invest in cryptocurrencies, around 60% lost money. And while more than a third of them lost $1,000 or less, 6% said they lost between $50,000 and $100,000 and 5.5% said they lost more than $100,000.

Investing in cryptocurrencies with borrowed money also does not result in significant gains. The majority, 27%, earned up to $1,000, while only 7.5% earned between $1,000 and $5,000.

crypto investors loan
Chart showing how much money investors have lost or gained investing in cryptocurrencies (Source: DebtHammer)
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Top 5 Florida Car Title Lenders for Bad Credit in 2022 https://morrisyoungmotors.com/top-5-florida-car-title-lenders-for-bad-credit-in-2022/ Sun, 03 Jul 2022 20:18:46 +0000 https://morrisyoungmotors.com/top-5-florida-car-title-lenders-for-bad-credit-in-2022/ Tired of searching for the right title lender in Florida? Your fight is finally over! We have collected information on the top 5 lenders that will provide you with everything you need. 1. Compacom Title Loans Compacom is an open online platform that helps Americans make better decisions every day. Customers can compare, Choose and […]]]>

Tired of searching for the right title lender in Florida? Your fight is finally over! We have collected information on the top 5 lenders that will provide you with everything you need.

1. Compacom Title Loans

Compacom is an open online platform that helps Americans make better decisions every day. Customers can compare, Choose and get what they needd completely online, quickly and without hassle. To apply for a title loan with Compacom, you only need the title of the car. Available for borrowers with bad credit, no bank account, no proof of income, no job. All you need is a car and a title to provide as collateral. JThe online application is fast and very convenient. Plus, with car title loans in Florida, you keep your car, get instant approval, and same-day financing.

2. Usnet loan Title Loans

Usnet loan is an independent online platform that offers a variety of personalized financial solutions to thousands of people locally and online. They make sure that every customer can apply and get the right amount of money quickly and easily. Applying online only takes a few minutes and gets you the best deals from legit and reliable loan companies. With Usnet loanyou can solve your financial problemleave it to your liking.

Usnet loan uses a variety of verified sources to gather accurate information about the United States economy, taxation, and banking. Loans are pertinent for clients with wrong credit the story.

3. Payday LoansUSAOnline Titlee Loans

PaydayLoansUSAOnline can help you find the right one direct lender who is ready to offer you money based on your loan application and qualifications. Professional staff continuously monitor lenders’ lending practices and policies to match you with only legitimate lenders.

Even if you have low or weak crmodify, you can still get financing in Florida. Submit your title loan application and PaydayLoansUSAOnline the team will deal with it immediately.

4. TitleMax Title Loans

TitleMax is one of the nation’s largest real estate title lenders. Every day TitleMax helps thousands of people get the money they need with a title loan. The rates are very competitive, while offeringg excellent customer service. A car title mortgage with TitleMax has many benefits, such as friendly customer service and multiple payment options. All you need to get approved fast is a clean car title and a valid government-issued ID, such as a driverLicense. Plus, you can continue to drive your vehicle for the duration of the loan.

5. PaydayMore Title Loans

If you qualify for a loan, PaydayMore can help you find the best direct lender ready to provide you with the funds you need. All lenders are reputable companies operating in accordance with the law. The staff are available 24/7 online and ensure that you get the best staff.personalized service.

To get a car title loan in Florida in 30 minutes, all you need to do is confirm your ID and provide the necessary documents. With PaydayMoreloans are also available for customers with bad credit history.

Summary

1. They are available completely online without inspection or credit check.

2. Bad credit is not a problem to be approved.

3. You can continue to drive your vehicle while paying off your loan.

4. receive the money with direct deposit within minutes of approval.

5. Some lenders offer car title loans 100% online, with no inspection or store visit. Simply complete the loan application and submit photos of your car.

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