Women store – Soutiens http://soutiens.org/ Fri, 24 Jun 2022 19:48:43 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://soutiens.org/wp-content/uploads/2021/11/profile-120x120.png Women store – Soutiens http://soutiens.org/ 32 32 6 BEST PAYDAY LOANS ONLINE | TOP NO CREDIT CHECK LOANS WITH GUARANTEED APPROVAL | DIRECT LENDERS https://soutiens.org/6-best-payday-loans-online-top-no-credit-check-loans-with-guaranteed-approval-direct-lenders/ Fri, 24 Jun 2022 19:48:43 +0000 https://soutiens.org/6-best-payday-loans-online-top-no-credit-check-loans-with-guaranteed-approval-direct-lenders/ Are you a proud American looking for a loan for bad credit ? Maybe you have bad credit or have been through a tough financial time. Are you late with your bills or do you owe money to a family member? Maybe your car broke down recently and you can’t afford the cost of repairing […]]]>

Are you a proud American looking for a loan for bad credit ? Maybe you have bad credit or have been through a tough financial time. Are you late with your bills or do you owe money to a family member? Maybe your car broke down recently and you can’t afford the cost of repairing it, or maybe you just need the money to live on.

Either way, a bad credit loan with guaranteed approval and/or no credit check might be the right thing for you. In this in-depth review, we’re going to highlight some of the top bad credit loan direct lenders. These companies that we are going to highlight are some of the best in America and they have a strong following.

However, we have to be honest with you before starting this review. The reality you need to know is that not all bad credit lenders are good. There are many out there that offer all types of emergency loans. What you need to watch out for and pay close attention to are the interest rates offered by some of these direct lenders.

It is with great pleasure that we can inform you that all payday loan the lenders we talk about in this review are the best in America. We will also highlight for you some of the pros and cons of each of these lenders.

So sit back and relax and get ready for a good read. This is going to be by far one of the best bad credit loan reviews you will ever read. Here we are:

#1. MUTUAL MONEY – Best direct lender for loans without credit check

#2. CREDITLOAN – Best emergency loan for bad credit lender

#3. FUNDSJOY – Bad credit payday loans with instant approval

#4. REAL AMERICAN LOAN – Best Short Term Lender in America

#5. XMASFUNDS.COM – Instant approval for bad credit loans

#6. FUNDSDON – Cash advance experts with guaranteed approval

#1. MoneyMutual – The best direct bad credit lender in America.

If you are familiar with MoneyMutual you’ll know they’re one of the best emergency loan providers in the game. They’re fast, reliable, and service-oriented. Not only that, they had one of the best spokespersons a company could ask for.

Do you remember Montell Williams? This guy…

A legendary daytime talk show host. Montell’s daytime viewership grew by leaps and bounds in the 1990s. After a hugely successful career on daytime talk shows, Montel Williams branched out into promoting MoneyMutual.

Naturally, when you succeed, people will chase you, and they did. Montel Williams’ haters have come out of the woodwork and sued him for promoting a “bad credit loans” company. These haters would say that Montel was taking advantage of the less fortunate and promoting a company that only preyed on people when needed.

We believe this is not the case. Montel Williams has always shown himself to be a model citizen both during his time as a daytime talk show host and after. His time promoting MoneyMutual has been a successful venture.


#2.CreditReady – Loans without credit check with online guaranteed approval

Hot on MoneyMutual’s ponytails is CreditLoan . In our opinion, they came out of nowhere! No one gave them much luck, but all of a sudden they started gaining momentum as a bad credit lender. They offer similar loan amounts and interest rates to MoneyMutual, however, they are a different brand and frankly good competition for MoneyMutual.

Still up and coming, CreditLoans is one money lender to watch. Specifically when it comes to their customer service commitments. In this, as they continue to grow as a payday loan provider, are they able to maintain the same level of exceptional customer service for their clientele. Time will tell, as the personal loan industry is competitive.


#3. FondsJoy – Bad credit emergency loans with 24 hour loan approval

FondsJoy is one of our favorite short-term loan providers. We love their marketing and easy to use website. Their use of color on their website is very good as it creates a comfortable user experience for anyone looking for loans without credit check.

One thing to watch out for with FundsJoy is whether they can handle their rapid expansion. Similar to CreditLoans, this company works very well. As more and more people with bad credit apply for fast loans, are they able to handle the back-end and customer service that comes with an increased number of people taking out loans for bad credit.

Time will tell with this company as well. They are to be watched. We love them though and recommend them to anyone in need of an installment loan.



As the name suggests, this bad credit loan provider is for real Americans. They really know their target market because most people who take payday loans of this society identify as true Americans.

So what makes someone a real American? Well, he’s someone who loves the great country of America, ultimately. As such, this loan provider is popular with so many Americans all across our great country. Whether you need a payday loan, bad credit loan, no credit check loan, short term loan, installment loan, 24 hour loan , a $500 loan, a $300 loan or a $100 loan, this loan provider will have your back.

Let’s be clear on one thing, are they as big as a company like MoneyMutual? Absolutely not. But bigger isn’t always better, right? It depends on the borrower and their comfort level when choosing a bad credit loan provider.


#5. XMASFUNDS.COM – The most popular bad credit loan provider during the holidays

This may sound strange to you, but hear us out! You wouldn’t believe how popular this bad credit lender is at Christmas time. As we speak… ULTRA popular. There are many people during the holidays who need money quickly and need emergency loans.

So, of course, a Christmas-branded bad credit lender is going to work fine then, right?

Well, check that out…even when it’s not Christmas time, this payday lender still manages to operate consistently. Why is that? We think it’s because people love Christmas. Anything with a Christmas present is generally accepted quite easily.

We also recommend checking this one out, especially if you’re looking for $5,000 loans.


#6. FundGift – The new bad credit lender with guaranteed approval

FundGift is new to the scene. Our first impression of them is that they will give MoneyMutual their money’s worth. See what we did there?

The most impressive thing we’ve seen from FundsGift so far is how quickly their list of money borrowers is growing. They provide all kinds of bad credit loans with guaranteed approval quickly. The rate at which they hand them out makes you think they’ve been in the business for years!

As we watch FundsGift’s growth take off, we’ll be very interested to see if they get bigger than MoneyMutual. Some people who watch the emergency loan industry very carefully say it is possible while other people in the industry say it will never happen.

Either way, when it comes to short term loans and 24 hour loans, FundsGift is at the top of their game. If you are looking for $5,000 loans and $10,000 loans, MoneyMutual might be a better option.


Final Words on Short Term Loans for Bad Credit

Good, you have it now. We’ve reviewed six of the best loan for bad credit lenders in America. As we promised, we discussed the pros and cons of each lender.

It is not up to you to choose which bad credit lender is best for you. After reading our in-depth articles, borrowers usually come to their own conclusion as to which lender to choose. However, some people are still unsure which payday loan provider to choose.

If this is you, you don’t have to worry. You’re not alone. For people like you, we suggest sticking with the largest bad credit loan provider in America. If you remember from our article, that direct lender is MoneyMutual.

You can visit their official website as per the link below and you can directly apply for bad credit loan.


RadCred announces convenient online methods to login with https://soutiens.org/radcred-announces-convenient-online-methods-to-login-with/ Mon, 20 Jun 2022 12:03:42 +0000 https://soutiens.org/radcred-announces-convenient-online-methods-to-login-with/ BURBANK, Calif., June 20, 2022 (GLOBE NEWSWIRE) — According to the Report, it simply indicates the demographic value of the debt and credit market based on the needs of US citizens and households. To meet relevant needs, people tend to opt for online loans. RadCred finally announced that they can facilitate your financial recovery by […]]]>

BURBANK, Calif., June 20, 2022 (GLOBE NEWSWIRE) — According to the Report, it simply indicates the demographic value of the debt and credit market based on the needs of US citizens and households. To meet relevant needs, people tend to opt for online loans. RadCred finally announced that they can facilitate your financial recovery by finding you a reliable source of money thanks to our in-depth knowledge of the market. With minimal requirements and the unparalleled speed of the entire process, you have the ability to get through the tough times and move forward without a burden on your short-term shoulders. Often, when we least expect it, life throws us a curveball. It is usually the money that is the source of the problem. A number of circumstances can lead to an unforeseen need for cash.

With RadCred borrowers and lenders can connect directly through the lending platform. The more lenders a website has, the easier it will be to get a loan when you need it. Thanks to the efforts made, RadCred now ranks first in this field.

About RadCred

Customers across the United States can use their user-friendly platform to apply for loans for bad credit, payday loans and more. It is a simple process that can be completed in minutes. This is a key consideration as most people apply for emergency loans when they don’t have the time or inclination to fill out lengthy application forms. Overall, apply online no credit check loans on their site is as easy as you could hope. Your application will be submitted almost instantly if you have internet access. The terms and conditions become more restrictive as the loan amount increases. On the other hand, they are not involved in any of this. This article stated earlier that they are just a middleman. Accordingly, only you and the lender can decide on the terms and conditions.

Depending on the type of loan and the repayment period, the APR for personal loans offered on their website range from 4.99% to a lot. For example, the APR on personal loans ranges from 4.99% to 450.99%, while the APR on cash advance loans ranges from 200.99% to 1386.99%. Interest rates on long-term installment loans also range from 6.63% to over 200%. Although the APR is determined by your lender based on various factors, such as your income-to-debt ratio, credit score, credit history, and employment status, the APR is not something you can control. If in doubt about the APR, you should always contact your lender. They have a minimal set of requirements that almost anyone can meet to get a loan in a snap. In addition, you must know and respect the conditions set by the lending institution you choose. With over 60 easy lenders on our network, you have many options to find a lender whose terms and conditions are simple to respect.

As a result, they guarantee fast payment transfer for all loan types, allowing you to reap the rewards of the loan immediately. RadCred’s fast approval and transfer process is a big hit with its customers as they need emergency loans quickly.

Assistance from them is completely free to apply for a private loan. However, taking out a personal loan or personal loan has associated fees. The interest rate is a factor to keep in mind. The interest rate is the amount you pay to borrow money from a lender. When you repay your loan, you will be responsible for both the amount borrowed and the interest the lender charged you. A fixed interest rate or a variable interest rate may be charged. It is important to note that fixed interest rates mean that your interest rate will not change throughout the loan. Interest rates on a variable rate loan can fluctuate over time.

About the online loan process

Some quick cash loan lenders may also charge origination fees. The loan origination fee is a one-time fee intended to cover the costs of administering the loan. A percentage of the loan amount (usually between 1% and 5%) or a flat fee may be charged as an origination fee.

Also, don’t forget about late fees and prepayment penalties. If you are late with a loan repayment, you can expect late fees from your lender. If you want to pay off your loan early, auto lenders may charge you a fee to make additional payments. Check the terms of the loan to see if the lender charges any of these fees when you receive loan offers.

To obtain a loan of Radcred, there are not many requirements. To qualify, you must have a stable job and a stable income. Therefore, if you do not meet this criteria, they cannot help you. To qualify for a loan from us, you must have an active bank account and be in good standing. You cannot even complete the application if you do not have an active bank account.

RadCred is a service that connects people who need a loan with people who can provide it. To apply for a loan, answer a few simple questions from the comfort of your own home and you’ll be on your way. Payday loans and personal loans are available through RadCred for those in need.

Their website offers a wide range of loan options. Payday loans, bad credit loans and cash advances are the most common. Payday loans are generally the quickest and least demanding to obtain. On our side, we benefit from a low interest rate.

A price range of $100 to $5,000 is listed on their website. To help you, they have assembled a team of over 60 bad credit auto lenders from across the country. Loans between $300 and $500 are the most common on the Radcred websiteand they are also the fastest to obtain.

For more details, visit: RadCred Official Site

Disclaimer: RadCred is not a lender and is only a platform that connects borrowers and online lenders and online lenders are subject to credit score verification of borrowers for approval of the loan.

More and more students are taking training in personal finance. But is it enough? https://soutiens.org/more-and-more-students-are-taking-training-in-personal-finance-but-is-it-enough/ Sun, 19 Jun 2022 10:32:31 +0000 https://soutiens.org/more-and-more-students-are-taking-training-in-personal-finance-but-is-it-enough/ Image source: Getty Images According to the S&P Global Financial Literacy Survey, 43% of Americans lack financial literacy — and gaps in financial knowledge can lead to chronic money problems. In 2018, only 16.4% of American high school graduates received a personal finance education. The number has now risen to around one in four high […]]]>

Image source: Getty Images

According to the S&P Global Financial Literacy Survey, 43% of Americans lack financial literacy — and gaps in financial knowledge can lead to chronic money problems. In 2018, only 16.4% of American high school graduates received a personal finance education. The number has now risen to around one in four high school students (22.7%).

As more states make financial education a mandatory part of the high school curriculum, Next Gen Personal Finance estimates that at least one-third (35.1%) of high school students will have taken a course autonomy over personal finances. That still leaves two out of three high school students without the education they need to be financially capable.

More states are implementing personal finance requirements

Currently, only eight states require high school students to take a personal finance course: Alabama, Iowa, Mississippi, Missouri, North Carolina, Tennessee, Utah, and Virginia.

Five more states are beginning to implement personal finance education at the high school level. Personal finance education is defined as a stand-alone personal finance course that lasts at least one semester or 60 consecutive hours of instruction.

Michigan recently passed a bill that would make it the 14th state to guarantee high school students a personal finance course before graduation. Momentum has grown this year, with 26 state legislatures introducing 60 different bills to expand access to personal finance education.

The importance of personal financial education

Personal finance education directly helps people improve their financial well-being. Those with higher financial literacy are less likely to face financial hardship. Those with low financial literacy are:

  • Six times more likely to have difficulty making ends meet.
  • Five times more likely to be unable to cover a month’s living expenses.
  • Four times more likely to spend more than 10 hours a week thinking about or dealing with personal finance issues.
  • Four times more likely to be dissatisfied with their current financial situation.

Studies also show that personal financial education reduces the likelihood that young adults will use payday loansand is positively correlated with asset accumulation and net worth at age 25. credit scores.

The Next Gen Personal Finance annual report found that access to personal finance education is still divided based on location, race, and socioeconomic status. Across the country, students do not have equal access to personal finance education. Expanding personal finance education to all segments of society can help close the socio-economic gap and help more people build their savings accounts.

The vast majority of millionaires haven’t inherited their money or earned six-figure incomes. Financial success often hinges on using basic personal finance principles, such as investing regularly and consistently over a long period of time, not going into debt, and sticking to a budget. Financial education is the key to financial success and can help develop good habits for the future.

Alert: The highest cash back card we’ve seen now has 0% introductory APR through 2023

If you use the wrong credit or debit card, it could cost you dearly. Our expert likes this first choicewhich offers an introductory APR of 0% until 2023, an insane repayment rate of up to 5%, and all with no annual fee.

In fact, this map is so good that our expert even uses it personally. Click here to read our full review for free and apply in just 2 minutes.

Read our free review

We are firm believers in the Golden Rule, which is why editorial opinions are our own and have not been previously reviewed, approved or endorsed by the advertisers included. The Ascent does not cover all offers on the market. The editorial content of The Ascent is separate from the editorial content of The Motley Fool and is created by a different team of analysts. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Jim Beam column: Payday loan bill must be vetoed – American Press https://soutiens.org/jim-beam-column-payday-loan-bill-must-be-vetoed-american-press/ Sun, 29 May 2022 12:00:26 +0000 https://soutiens.org/jim-beam-column-payday-loan-bill-must-be-vetoed-american-press/ Louisiana lawmakers have passed a payday loan bill that will only cause more debt problems for citizens who need the financial boost they can get elsewhere.metrocreativeconnection.com From time to time, Louisiana lawmakers have come to the aid of those who make so-called payday loans. Sen. Rick Ward, R-Port Allen, is this year’s champion with Senate […]]]>

From time to time, Louisiana lawmakers have come to the aid of those who make so-called payday loans. Sen. Rick Ward, R-Port Allen, is this year’s champion with Senate Bill 381.

Legislation that was narrowly passed by both houses would cap finance charges at 100% of the original loan amount. That means lenders could charge up to $1,500 in fees on a $1,500 loan, for a total repayment of $3,000, according to The Advocate.

The senator said his “Louisiana Access to Credit Loans Act” would help state residents living on a paycheck make ends meet when faced with surprisingly large expenses.

Under current law, lenders can offer a loan of up to $350, due on the borrower’s next payday. The maximum the lender can make per loan is $55. Ward’s bill does not change that.

Ward sponsored another payday loan bill in 2018. It stated that the loan term could not be less than three months and could not exceed 12 months. The amount of the loan could not be less than $500 and could not exceed $875. The bill passed the Senate 20-17 but died in the House Commerce Committee.

I wrote in a June 3, 1999 column about a Bossier City woman who got one of these loans. She needed $200 for an emergency out-of-town trip and took out a two-week loan. The maximum they lent at that time was $201 and it had to be paid back in 14 days.

When a customer borrowed that $201, they had to leave a check for $246 to cover the principal and $15 in interest. The other $30 was for documentation and set-up costs. That’s an annual interest rate of over 580 percent.

“It was a little high,” the borrower said, “but when you need it, you need it.”

The Associated Press reported that there were about 30 payday loan companies in the state in 1992. This number grew to 455 in 1998 and 489 by the end of 1999.

Foster Campbell, a current member of the Louisiana Civil Service Commission, was a state senator in 1999. He said, “We’ve had 500 of these companies open since 1992 and none of them have failed. . I have never heard of such statistics. But the reason why they didn’t is because they deceive people by charging outrageous interest rates.

OK, back to Ward’s bill which passed the House 54-35, one vote more than the 53 needed. The Senate vote was 20 to 14, the exact majority he needed.

Republican senses Mark Abraham of Lake Charles and Mike Reese of Leesville voted for Ward’s bill. Sen. Jeremy Stine, R-Lake Charles, voted against. Sen. Heather Cloud, R-Turkey Creek, was recorded as absent.

GOP Representatives Ryan Bourriaque of Grand Lake, Dewith Carrier of Oakdale, Troy Romero of Jennings and Phillip Tarver of Lake Charles voted for the bill. Representatives Wilford Carter, D-Lake Charles; Charles Owen, R-Rosepine, and Rodney Schamerhorn, R-Hornbeck, voted against. Representative Brett Geymann, R-Moss Bluff, was recorded as an absentee.

The bill now awaits action by Governor John Bel Edwards. Lenders would make most of their money through monthly maintenance fees of up to 13% of the original loan amount.

Alex Horowitz, consumer credit researcher at The Pew Charitable Trusts, told The Advocate he had never seen such high fees. He said the bill would expose Louisiana consumers to financial harm, rather than creating an affordable loan market. Horowitz said seven of the nation’s 12 largest banks have launched or announced programs to provide small dollar loans to customers.

Kenneth Pickering twice served as Louisiana’s chief banking regulator. He said he had no idea what the maintenance fee even covers. “Once a loan is on the books, there’s nothing left to maintain,” he said. Pickering calls it more interest.

Stanley Dameron, Commissioner of the Office of Financial Institutions, said: “Some of the people applying for these loans might not qualify from your bank, but they certainly would from a credit union or finance company. “

Pelican State Credit Union’s Jessica Sharon told lawmakers that credit unions were explicitly created to help people of modest means.

Even an official from a state association that represents payday lenders said Ward’s new product was unnecessary. He said the loans are already available in Louisiana at a fraction of the cost. “It’s greed and arrogance at the highest level,” he said.

Ward’s bill is certainly a strong candidate for a gubernatorial veto.

We cut our bills by £2,376 https://soutiens.org/we-cut-our-bills-by-2376/ Sat, 28 May 2022 00:19:00 +0000 https://soutiens.org/we-cut-our-bills-by-2376/ JUST welcoming twin babies into the world, paramedic Samuel Crowe and his partner Clare Holmes were finding it harder than ever to keep up with the bills. But after The Sun intervened – with the help of the comparison site MoneySuperMarket.com – the couple have been told they can cut more than £1,600 from spending. […]]]>

JUST welcoming twin babies into the world, paramedic Samuel Crowe and his partner Clare Holmes were finding it harder than ever to keep up with the bills.

But after The Sun intervened – with the help of the comparison site MoneySuperMarket.com – the couple have been told they can cut more than £1,600 from spending.


Sam and Clare with Evie-Mae and Esme-Rose1 credit
Hannah and Michael with Dax


Hannah and Michael with Dax1 credit

The news couldn’t have come at a better time for Samuel, 31, and receptionist Clare, 29, who live with eight-month-old twin daughters Evie-Mae and Esme-Rose near Woodbridge, Suffolk .

The new parents together earn £50,000 a year and their daughters are due to start daycare in October, which will cost up to £1,200 a month in fees.

And despite being careful with their money, the family is still struggling.

They have a smart meter to monitor their energy expenditure and shop at Aldi to keep their food bills as low as possible.

When will cost of living payments be made?  All the key dates to know
Pensioners to get 10% pay rise next year as Rishi Sunak confirms triple lockdown

Samuel opts for shifts that pay extra and even noticed that their house was in the wrong council tax bracket when he moved in, resulting in a lower bill.

But there are also great pressures. They have a fixed rate energy deal with Octopus until August when that will increase.

They have £10,000 in credit card debt – split between one card at zero per cent and another at 20% interest – and are paying £270 a month on a car loan.

“The card balances just went up,” says Samuel, the family turning more to credit since Clare is on maternity leave.

“It’s really difficult trying to manage the different demands. With the National Insurance increase, I feel like I’ve taken a pay cut this year.

Having twins is also expensive.

Samuel says: “Buying a double pushchair alone costs £1,200. We prepare their meals from scratch because it is cheaper to do so than to buy sachets. But the cost of formula has gone up, which adds up when you feed two.

“All this causes a good deal of anxiety. We know there must be savings to be made.

Fortunately, it is possible to reduce a good part of their expenses by going to MoneySuperMarket.com website.

They currently pay £972 a year for a combined TV, broadband and landline package with Sky.

But they could save £642 with a £330 TalkTalk TV and broadband package.

Samuel also has leeway on his bank card repayments.

Although half of the £10,000 balance is on a zero per cent card, he is charged 20 per cent interest on the remainder.

He tries to pay £500 off every month.

Jo Thornhill, money expert at MoneySuperMarket, says, “You can have more than one low interest credit card, as long as you get approved. If Samuel paid a small fee to transfer that balance to another zero-rate card and continued to pay £500 a month for 24 months, he could save £513, or around £207 a year.

“With a very good credit score of over 900, he is in a good position to be able to get another low or no interest card.

‘It’s incredible’

“To reduce his monthly payments by £500, he could take out a card with a longer interest-free term, although he might have to pay a higher fee up front. He just has to remember to pay it before the end of the term.

While the couple searches for the best deals, they don’t base their choice solely on price.

“We also look at the benefits that could come from a package,” says Samuel. “With our Vitality car insurance, which costs us around £34 a month for my Mitsubishi Outlander, they monitor our driving with sensors and then we get cash back for safe driving.

“Things like that make us want to stick with them.”

Just looking at price, however, Samuel could save £190 a year by switching to AA insurance.

Clare, who paid £300 upfront for her Nissan Qashqai cover, could save £45 if she too made the same change.

With their cellphones, Clare pays £14 a month on SIM-only, while Samuel pays £38 for an unlimited plan, both with EE. Together they could cut their annual bill by £230, with Clare moving to O2 and Samuel to Three.

The couple pay £70 a year for contents insurance with More Than but could save £18 if they swap to cover with Swift Made.

Overall, Samuel is amazed at the amount he could save.

He says, “It’s amazing. We will certainly rethink some of these big bills when they come up for renewal.

Another couple who need to save are Hannah Galliers, 30, a self-employed accountant, and her fiancé Michael Williamson, 31, a funeral director.

They live with their 18-month-old son Dax near Cheltenham, Gloucs, and earn around £70,000 a year.

“Fight to Save”

They want to set aside £6,000 for their wedding in May next year, but rising bills mean they’re struggling to save anything – and Hannah is worried.

She says, “Sometimes when I go to get gas, I feel like I’m freaking out.”

They used to pay £75 a month for their energy bill but locked themselves in on a flat rate of £100 a month last summer.

Hannah is already dreading that it will end next year.

She says, “If things don’t get better by then, I have no idea how we’re going to afford it. When I was a student, I got caught up in payday loans and it all came together.

“I buried my head in the sand, then I received debt collection letters. I even had my cell phone cut off. I never want to be in this situation again. »

When it comes to trying to get the best deals, Hannah’s attitude is typical of many. She says, “The first time we release something, I look around using online comparison sites to get a good deal.

“After that, however, I tend to let things automatically renew themselves. Life is busy and finding the best insurance deal falls at the bottom of the pile.

But after The Sun showed how they could save £738 a year on insurance, broadband and mobile bills alone, the couple will take longer to compare in the future.

Hannah pays £248 to insure her Toyota Aygo, while Michael pays £416 for his Citroen C4, both with Direct Line.

But Hannah could save £95 if she prepaid a policy with Lancaster, while Michael can cut £200 using Swiftcover.

Jo says, “That’s good savings already, and they might be able to cut it even further by looking at their excess amount or any add-ons they have on their policy. But they obviously have to weigh whether they can take that extra risk.

“The savings really add up”

There are also savings to be made on broadband.

Currently paying £540 a year with Virgin, they could bring that down to £360 a year with Cuckoo fast broadband, pumping an extra £180 into their wedding fund.

The couple must wait until next year to change their mobile phone contracts. But based on current figures, Michael could save £83 a year by switching from an unlimited data contract with Three to 100GB with iD Mobile, and Hannah could pocket £123 by switching her contract to O2.

Jo says, “Everyone should check they’re using their data quota, and if they’re not, they can save money by reducing it.”

The couple have already transferred their £4,000 credit card balance to a zero per cent card. They could transfer their checking accounts to HSBC and get £170 each as an incentive.

They could also cut £35 off their home insurance by switching to Right Choice and paying in advance.

And they could buy a travel insurance policy for £32.35, up from the £55 they spent last year.

I love fake tan and I found the perfect way to tan your back
Full list of benefits that will NOT receive a £650 payment to help reduce the cost of living

Hannah says of comparing utility bills: “I was guilty of thinking it wasn’t really worth saving a few pounds a month.

“But now I can see it can really add up over a year.”

  • The comparisons are based on basic information and show the estimated savings that could be made on the offers available on MoneySuperMarket.com at time of going to press.
Samuel could save a bundle by switching to a policy with AA


Samuel could save a bundle by switching to a policy with AA1 credit
Michael could drop to 100GB of phone data


Michael could drop to 100GB of phone data1 credit
How to spot predatory lenders https://soutiens.org/how-to-spot-predatory-lenders/ Wed, 25 May 2022 13:18:29 +0000 https://soutiens.org/how-to-spot-predatory-lenders/ Loan sharks are illegal moneylenders, often part of organized crime, who threaten and use violence to recover their money from borrowers. Although loan sharks are less prevalent with a drop in organized crime, vulnerable people are still victims of predatory lending. If borrowing money from loved ones isn’t an option, you can consider secured credit […]]]>
  • Loan sharks are illegal moneylenders, often part of organized crime, who threaten and use violence to recover their money from borrowers.
  • Although loan sharks are less prevalent with a drop in organized crime, vulnerable people are still victims of predatory lending.
  • If borrowing money from loved ones isn’t an option, you can consider secured credit cards or second-chance banking as an alternative.

As the name suggests, loan sharks prey on vulnerable people who are in need of money with no other options. They are usually associated with organized crime, which has become increasingly common on television than on the streets.

However, these vulnerable borrowers still exist. Over time, loan sharks evolved into a new technically legal form of lending to take advantage of these people: predatory lenders.

What is a loan shark?

A loan shark is a type of predatory moneylender, often part of a larger criminal organization, who lends money to borrowers outside the law. These loans often come with high interest rates, usually beyond the legal limit set by state law. Reimbursement is usually enforced by threats and the use of violence.

Victims of loan sharks are usually vulnerable people who desperately need money immediately. Either they don’t have time to wait for a loan to be approved, or they can’t qualify for any type of loan. Loan sharks operate locally, so a victim is usually “someone in the neighborhood who knows someone with money on the street,” says Jeffrey Cramer, senior managing director of Signpost Solutions and former New York District Attorney. “The loan sharks don’t advertise. So it’s usually word of mouth.”

How loan sharks work

Most loan sharks offer smaller, short-term loans. “We’re not talking about a mortgage for a house or anything. Usually it’s several hundred, several thousand dollars, money they may owe right now,” Cramer says. This loan comes with high interest rates which are usually insurmountable for people who usually need to look for an alternative financial service.

How to find a loan shark

It is important to know where to find loan sharks, in order to avoid them completely.

Luckily, you’re unlikely to come across a loan shark, mostly because it’s largely collapsed with the decline of organized crime. Cramer also says that most people who borrow from loan sharks know what they’re getting into, but don’t have an alternative, so you won’t accidentally bump into a loan shark.

However, you could quickly find yourself in a similar situation if you take out a loan with a high interest rate. “The loan shark concept has been incorporated into these companies, let’s call them predatory loan companies,” Cramer said. These predatory loans often do not take into account the repayment capacity of the borrower. “They’re not going to break your legs, it’s all done under the guise of the law. They’re going to garnish wages, they’re going to send in a debt collector.”

Alternatives to predatory lending

Loan sharks may be largely a thing of the past, but their potential victims are still very much around. A Morning Consult 2021 survey found that 10% of American adults are unbanked – meaning they don’t have a checking or savings account – and 25% are underbanked – meaning they have an account. savings or checking account, but used an alternative financial service within one year of completing the survey.

These households do not have access to financial institutions for various reasons – they do not trust financial institutions, they are undocumented, they cannot qualify due to past credit errors. A large portion of this group simply cannot afford the associated fees or minimum deposit requirements. “If you can go to a bank or borrow with a credit card, it’s infinitely cheaper,” says Jack Miller, strategic finance adviser at Estate bees and founder of Gelt Financial, LLC. “But there’s a large chunk of the population that’s just underbanked.”

Instead of turning to financial institutions, these borrowers turn to alternative lending companies with high interest rates. Payday loans are a good example. These loans, also known as cash advance loans, give borrowers immediate access to small amounts of money – typically $500 or less – with high interest rates. Repayment is due on the borrower’s next payday.

These loans can be attractive to distressed borrowers because they do not take into account the borrower’s ability to repay the loan. But this interest rate can quickly become a problem if the borrower does not have the funds to repay the lender.

Miller says the best option for the unbanked is to borrow from a loved one, whether it’s a family member or friend. Of course, that might not be an option for everyone because “in a lot of communities, you know, friends and families don’t have that money,” Miller says. If so, here are some alternatives:

Second Chance Bank: Banks often offer a simplified version of a checking account for people with complicated credit histories. The registration process generally skips the credit check, but has some limitations. For example, people with these bank accounts usually do not have access to a debit card to avoid overdraft fees. They also usually come with lower monthly fees and lower minimum balances.

Secured credit cards: Another option for people with verified credit history might be a secured credit card. These are credit cards that are secured by a security deposit that you make when you open the card. These credit cards often overlook credit errors or lack of credit history. The minimum security deposit usually hovers around $200 depending on the credit card, but you can get it back when you close the credit card.

Not only do they offer a line of credit and a chance to rebuild your credit, but they also offer lower APRs than unsecured credit cards because the debt is already covered by that security deposit.

These options do not completely solve the underbanking problem in the United States, but they are a start. “They really need to take every little step they can to push them in the right direction,” Miller said.

Light sentence weakens U.S. offshore anti-money laundering efforts https://soutiens.org/light-sentence-weakens-u-s-offshore-anti-money-laundering-efforts/ Mon, 23 May 2022 21:17:47 +0000 https://soutiens.org/light-sentence-weakens-u-s-offshore-anti-money-laundering-efforts/ US prosecutors planned to send a message to the largely offshore crypto industry this week about the cost of ignoring anti-money laundering (AML) laws at the heart of an important piece of financial regulation. And they did, but it wasn’t the one they wanted to send. Friday, May 20, a federal judge sentenced Arthur Hayes, […]]]>

US prosecutors planned to send a message to the largely offshore crypto industry this week about the cost of ignoring anti-money laundering (AML) laws at the heart of an important piece of financial regulation.

And they did, but it wasn’t the one they wanted to send.

Friday, May 20, a federal judge sentenced Arthur Hayes, the former CEO of BitMEX cryptocurrency derivatives exchange, to two years of probation and six months of house arrest for years, but ignoring requirements for collecting and documenting customers’ personal identity information, which are necessary to comply AML and anti-terrorist financing (CFT) laws.

The Department of Justice (DOJ) had requested six to 12 years in prison.

During his sentencing, Hayes said: “I deeply regret having participated in this criminal activity. My best years are ahead of me. …I’m ready to turn the page and start over. I ask you to allow me to return home remorseful and able to begin the next chapter of my life.” according to CoinDesk.

That’s exactly what he got, and what the Justice Department didn’t want.

talk tough

Long an influential figure in the cryptocurrency industry, Hayes was charged along with two founders of BitMEX and an executive of the Seychelles-based exchange on October 1, 2020. At the time, then-acting US Attorney Audrey Strauss of the Southern District of New York, alleged that Hayes and the others “flouted” the law by operating “an allegedly” off-shore crypto exchange “while willfully failing to implement and maintain even basic anti-money laundering policies.”

“By doing so,” she said, “they would have allowed BitMEX to operate as a platform in the shadows of financial markets.”

Founded in 2014, BitMEX was one of the largest derivatives platforms in the crypto industry at the time of the indictment. While it fell to No. 22, according to CoinMarketCap, BitMEX still had 24-hour volume of $841 million on Tuesday (May 17), when it spear its first spot crypto exchange. The new platform allows traders to buy and sell cryptocurrencies in addition to futures, options, and other derivative contracts.

In 2020, FBI Deputy Director William Sweeney Jr. pointed to a comment attributed to Hayes, in which he said the company was incorporated in Seychelles because the cost of bribing officials was “only ‘a coconut’ compared to the United States and elsewhere.

“They will soon learn that the price for their alleged crimes will not be paid with tropical fruits, but instead could result in fines, restitution and federal prison time,” he added.

The DOJ succeeded with the fines and restitution part, with Hayes and co-founders Benjamin Delo and Samuel Reed each agreeing to fines of $10 million, and new BitMEX management paying $100 million to the DOJ and at the Commodity Futures Trading Commission (CFTC). It also hired German stock exchange CEO Börse Stuttgart and began implementing an aggressive AML policy.

But the real part of the indictment that really scares them, a serious prison sentence? Not really.

“Apply vigorously”

See you on Friday Releaseamerican lawyer Damien Williams said his office would “continue to vigorously enforce U.S. law aimed at preventing money laundering through financial institutions, including cryptocurrency platforms.”

Apart from the case against former Ethereum developer Virgil Griffith – who was given five years last month for violating sanctions while attending a North Korean cryptocurrency conference – the charges by Hayes’ LMA were the crypto industry’s most high-profile criminal prosecution.

See more: Crypto developer gets 5-year sentence for helping North Korea evade sanctions

And in February, the FBI announced the creation of a National Cryptocurrency Enforcement Team, with language making it clear that using crypto in money laundering is a priority.

“With the rapid innovation of digital assets, we have seen an increase in their illicit use by criminals who exploit them to fuel cyberattacks and ransomware and extortion schemes; drug trafficking, hacking tools and illicit smuggling online; commit theft and fraud; and launder the proceeds of their crimes,” the Deputy Attorney General said. Kenneth A. Polite Jr. in an ad.

Also Read: Will the FBI’s New Crypto Crime Unit Shatter the Industry’s Dominant Image?

Sending messages

The jail-free sentence comes as US regulators step up efforts to enforce the law. Most notably, Securities and Exchanges (SEC) Commissioner Gary Gensler nearly doubled the size of the SEC’s Crypto Asset Enforcement Team and Cyber ​​Unit earlier this month.

Read more: These Bills Could Change the SEC’s Crypto Enforcement Trend

This follows a record $100 million fine accepted by crypto exchange BlockFi in February for selling limited-return crypto lending products. In the announcement, Gensler made it clear that the size of the settlement was intended as a message to the crypto industry.

“This is the first such case for crypto lending platforms,” Gensler said. “Today’s settlement makes it clear that crypto markets must comply with proven securities laws.”

Related News: BlockFi’s $100M Settlement With SEC Sparks Internal Discussion

That was likely a factor in rival exchange Coinbase’s recent decision — which surged a similar loan product last year after the SEC threatened legal action if it launched — to register as a loan product. as an SEC-regulated brokerage.

More here: Coinbase registers with the SEC to avoid regulatory setbacks



On: Shoppers who have store cards use them for 87% of all eligible purchases – but that doesn’t mean retailers should start buy now, pay later (BNPL) options at checkout. The Truth About BNPL and Store Cards, a collaboration between PYMNTS and PayPal, surveys 2,161 consumers to find out why providing both BNPL and Store Cards is key to helping merchants maximize conversion.

Financial management skills to reach your business goals faster https://soutiens.org/financial-management-skills-to-reach-your-business-goals-faster/ Wed, 18 May 2022 13:41:29 +0000 https://soutiens.org/financial-management-skills-to-reach-your-business-goals-faster/ Finances have a significant impact on our overall health and quality of life. Having a plan helps you manage your money, save for emergencies, and invest in your future. It doesn’t matter if you are married, single or elderly when it comes to financial matters. This guide will walk you through five easy steps to […]]]>

Finances have a significant impact on our overall health and quality of life. Having a plan helps you manage your money, save for emergencies, and invest in your future. It doesn’t matter if you are married, single or elderly when it comes to financial matters.

This guide will walk you through five easy steps to take control of your money and achieve your financial goals:

1. Assess your current financial situation

Start by looking at your current financial situation to see how you can improve your money management skills. Maybe you better understand the strengths of your business, limits and possibilities for improvement by evaluating your financial situation. This information will help you achieve your business goals.

Pay attention to important items on your bank and credit card bills, such as paying for a house or student loan, or the cost of food or car maintenance. To get a better idea of ​​your financial situation, compare these numbers to your income. If you can’t pay off your credit cards every month because your expenses exceed your income, find solutions to reduce your expenses.

2. Monitor your business expenses and budget

Before making purchases, keep track of your business expenses and make sure you have enough money set aside to cover them. Make a list of your expenses, even the smallest ones, so as not to exaggerate in impulse purchases.

If there are necessary purchases you need to make but you don’t have the necessary cash, get easy tribal loans for bad credit at Heart Paydays.

Please check costs at many retailers for the most affordable choice. Make a list of everything you need before you go shopping, whether it’s food or household items. Coupons are another way to save money.

3. Use financial intelligence to control your debt

To avoid a financial crisis, it is essential to have a solid knowledge of the different financial instruments. Credit card debt is the most common type of debt, and it usually results in a lot of debt accumulating.

You can prevent financial difficulties by knowing how to effectively manage your debt. It’s best to only use your credit card to make purchases that you can repay in full at the end of the month. Buying the item if you can’t afford to repay it in full will cause your debt to accumulate.

Credit cards and high interest loans can hinder wealth growth. Don’t accept same day advances from Viva Payday Loans and use them to pay off debt if you have multiple credit cards. Consolidating credit card debt lowers your interest rate and eliminates the need to pay many creditors.

Paying all your payments on time is the best way to manage your debt.

4. Save money and invest

You should set aside a percentage of your monthly income for the future. This will help you avoid financial difficulties. When things go wrong, you can depend on your savings.

You can also use your funds to invest – research high return but low risk investment options. Investing is essential for secure your financial future and achieve financial independence.

Committing to a monthly savings goal can be difficult. However, you can make it easier for yourself by setting reasonable goals and automatically transferring money from your checking account to a savings account.

Consider consulting a financial advisor or taking a money management program if you can’t increase your money. Securing your future is an essential part of sound financial management. This implies that you need to start saving and investing early if you want a decent retirement.


To become proficient in financial management, it takes a lot of time and effort. Mastering these abilities may seem difficult at first glance, but it will become second nature long enough if you stick with them. Remember, the sooner you master these abilities, the more secure your future will be.

Can you get a jobless loan? Here’s what you need to know https://soutiens.org/can-you-get-a-jobless-loan-heres-what-you-need-to-know/ Thu, 12 May 2022 17:41:24 +0000 https://soutiens.org/can-you-get-a-jobless-loan-heres-what-you-need-to-know/ Getting a loan can help you in many ways when you are in a tough financial situation, however, for some getting a loan is not as easy as it is for others. Many people who need a loan cannot get a good deal because of their credit score or even because they are unemployed. So […]]]>

Getting a loan can help you in many ways when you are in a tough financial situation, however, for some getting a loan is not as easy as it is for others. Many people who need a loan cannot get a good deal because of their credit score or even because they are unemployed.

So what can you do if you are unemployed? Well, the bad news is that you may not be able to get a loan if you are unemployed. The majority of lenders will want you to have a permanent and regular stream of income, as this ensures that you have the funds to pay back.

However, this is not the case for everyone. Instead, you might find yourself able to get a loan from one or two lenders even if you’re unemployed, but the loan won’t be as good as if you were employed.

So how does it all work? Are you stuck vying for no credit check loans or do you have other options?

Can you get a loan while you are unemployed?

You can still qualify for a loan, even if you are unemployed. However, if this is your case, you will need either strong credit or another source of income to support you in this endeavor.

Unemployment can arise unexpectedly or by choice, as would be the case with retirement, lenders will still sometimes consider lending to you, as long as you are able to persuade them that you will be able to make regular payments on time.

This is the main concern of the lender.

A lender will generally want to see three things on an application. These include a good and solid credit history, a good credit rating and regular income.

A strong credit history means you have a good history of paying loans or credit on time with little to no late payments, especially recently.

Your credit rating should be as high as possible, the higher the better. Some lenders will have a minimum score that they accept. The higher your credit score, the lower your APR, the lower your credit score, the higher your APR.

Lenders should also know that you can make repayments every month. Technically, this doesn’t have to come from a paycheck, however, you should at least have a reliable source of income that will be enough to cover expenses on a monthly basis and to cover loan repayments.

What should you think about?

There are many types of loans you can get, but probably the most popular are personal loans. With these loans, you should consider the same things you should consider with any other type of loan.

There will be short and long term financial factors and consequences of taking out a loan that you should be wary of.

Here are some things you should think about.

Can you make payments on time?

First, if you’re unemployed, or even employed, being able to make payments on time is a big deal.

You should always ask yourself if you can make the minimum payment on time every time. Late payments will not only affect your credit score, but they can also lead to late fees. If you can’t repay the loan, your lender may even go further.

This means debt collection agencies and a negative credit report, if your loan is secured they can take your property, or you can even be sued.

Understanding these factors is very important to ensure you get what you need from a loan and that a loan won’t be a bad idea for you.

What are the loan terms and risks?

It is wise to make sure you understand the terms of the loan. Read the fine print and write down the important things. This includes payments, fees, penalties, interest, etc.

However, also be aware of the risks, consider the best-case scenario, then consider the worst-case scenario, and don’t go for it unless you’re happy with both.

Consider if this loan is really the best thing for you, what might happen if you are unable to make the payments, and the interest rate, what this will mean for your actual total payment.

Don’t forget to consider the consequences if you don’t repay the loan, could you end up losing your house or your car?

What are lenders thinking?

Remember that each lender will have different credit policies that they will use to determine if the borrower is most likely to repay the loan. It is a risk assessment.

So even if you don’t have a job, some lenders accept alimony, disability benefits, unemployment benefits, social security payments, pensions, child support, interest or dividends, etc.

What types of personal loan can you get?

If you are employed, you could get a secured or unsecured loan. Secured loans are tied to an asset of yours and you risk losing that asset if you do not repay the loan in full. Unsecured loans do not have this risk but usually have a higher interest rate.

You could also get a payday loan (although risky) as well as cash advance or debt consolidation loans!

Shopify, Square among companies hoping to ease e-commerce slowdown by lending money to merchants https://soutiens.org/shopify-square-among-companies-hoping-to-ease-e-commerce-slowdown-by-lending-money-to-merchants/ Wed, 11 May 2022 18:51:17 +0000 https://soutiens.org/shopify-square-among-companies-hoping-to-ease-e-commerce-slowdown-by-lending-money-to-merchants/ A sign outside Shopify’s head office in Ottawa on September 28, 2018.CHRIS WATTIE/Reuters E-commerce companies, facing a sudden downturn, are hoping that one of their new lines of business can help pick up the slack: lending money. Tech companies that provide online sales and transaction services to retailers and small businesses are also increasingly offering […]]]>

A sign outside Shopify’s head office in Ottawa on September 28, 2018.CHRIS WATTIE/Reuters

E-commerce companies, facing a sudden downturn, are hoping that one of their new lines of business can help pick up the slack: lending money.

Tech companies that provide online sales and transaction services to retailers and small businesses are also increasingly offering loans and cash advances to these customers in an effort to keep them connected to their service platforms.

They do this for a fee and a share of future sales, providing small businesses with an immediate source of cash in the blink of an eye, with these loans now worth billions of dollars.

It’s often a mutually beneficial deal, but like any credit program, it comes with risks, especially if the recent slump in e-commerce spending turns into a prolonged recession.

E-commerce companies such as Shopify Inc. SHOP-T, Amazon.com Inc. AMZN-Q and several others recently reported below-expected financial results, sending their stock prices plummeting amid signs that growth rapid online traffic during the pandemic is no longer sustainable. Soaring inflation is also raising fears that consumers will cut back on discretionary spending.

Shopify, for example, revealed in its earnings report last week that it wrote off $46 million in bad credit in the last quarter alone, with nearly half a billion dollars in advances still outstanding. .

Block Inc. SQ-N, the owner of Square Inc., is the latest to offer credit to Canadian merchants with the launch of Square Loans last month. It follows similar programs launched during the pandemic by competitors Shopify and Lightspeed Commerce LSPD-T.

Luke Voiles, managing director of Square Banking at Block, says offering loans can be a way to see merchants through a tough time.

“If they’re going through a tough time and we’re able to keep them going over time, we’re able to help them survive,” he said. “It feels really good.”

“We try to resolve pain points as much as possible to make sure they stay with us.”

Dan Romanoff, Chicago-based principal e-commerce and software company analyst at Morningstar Inc., says offering credit is becoming increasingly necessary for these businesses — an attractive incentive for merchants to continue working with e-commerce platforms.

“It’s something where once you start using this software and earn capital, it’s very hard to stop,” Romanoff said. “The ability of Shopify or any of its peers, quite honestly, to offer some sort of capital assistance is just that they’re more of a one-stop-shop.”

The programs are structured as cash advances, with the platform providing a certain amount of money in exchange for an upfront fee. The money is refunded by deducting a small amount from the merchant’s daily sales.

In an example provided by Square, a merchant who wants to borrow $10,000 might be charged a fee of $1,300, so a total of $11,300 would be deducted in installments from their sales over 18 months. Square estimates that most fees would be around 10-13% of the cash advance. A cash advance on a credit card would carry a higher interest rate, while most bank loans would have lower rates.

Both Square and Shopify use algorithms to set the terms of their loans, while Lightspeed says its terms are decided by a mix of algorithms and human analysis.

In all cases, however, credit offers are based on the merchant’s sales records and, unlike a traditional bank loan, do not involve a credit check.

Shopify says its automated process helps merchants avoid filling out lengthy loan applications or writing business plans.

Désirée Kretschmar, owner of the Plant Goals store in Peterborough, Ont., took part in a beta test of the Square Loans program in the fall to purchase new inventory. She said she found the experience much easier and faster than applying for a loan from a bank.

“It took about as long as it takes to drink a cup of coffee,” she said.

But not doing a credit check adds an element of risk.

David Lewis, insolvency trustee at BDO Canada, said the choice not to run credit checks means e-commerce platforms have no idea if merchants have other loans they might have. hard to repay. It could also offer struggling companies a way to take on more debt.

“Without any credit checks or any collateral, I might just see someone go out and apply for these little loans to help cover what they need in the short term,” Mr Lewis said. “Kind of like what people do with payday loans.”

He added, however, that e-commerce businesses have the advantage of being able to deduct money directly from a merchant’s earnings, a power that most creditors do not have.

The amount of money provided through these credit programs varies widely by platform.

Shopify says it has provided more than US$3 billion to merchants in the United States, Britain and Canada through Shopify Capital since 2016. In company results released Thursday, it said it had provided US$347 million. US dollars in cash and loans in the first quarter of 2022, up 12% from the first quarter of last year. The company’s latest quarterly filings show it had $487 million in outstanding merchant credit as of March 31 after writing off $46 million in bad loans and advances.

Square says it has made $9 billion in loans in the United States, Australia and Canada. The company did not specify the amount reimbursed. Documents filed by the companies for the 2021 financial year show that, on average, merchants took nine months to repay the loans.

Lightspeed Capital, however, hasn’t been used as often. Documents filed by the companies show the program had $5.3 million in outstanding loans as of December 31, 2021. An analysis by Credit Suisse researchers last month estimated that fewer than 300 merchants would use the program by December 31, 2021. fiscal year 2024.

Still, Mr. Romanoff said he expects other companies to expand their credit offerings. He pointed to Amazon’s efforts to provide advances to third-party sellers on Amazon Marketplace.

“It’s something that is real and benefits users,” Romanoff said. “I think it’s valuable and I don’t think it’s a money loser by any means.”

Your time is valuable. Receive the Top Business Headlines newsletter in your inbox morning or evening. register today.