Cannabis Industry – Remedii http://remedii.net/ Sun, 03 Jul 2022 16:48:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://remedii.net/wp-content/uploads/2021/06/icon-2-150x150.png Cannabis Industry – Remedii http://remedii.net/ 32 32 Pine Nuts: Failed Personal Finance Course https://remedii.net/pine-nuts-failed-personal-finance-course/ Sun, 03 Jul 2022 16:48:56 +0000 https://remedii.net/pine-nuts-failed-personal-finance-course/ Michigan is set to become the 14e the state of mandating a personal finance course in high school, congratulations. I only wish we had a personal finance class when I was in high school. Left to my own devices, well, I poured every dollar I made as a lifeguard into my ’55 Chevy, even to […]]]>

Michigan is set to become the 14e the state of mandating a personal finance course in high school, congratulations. I only wish we had a personal finance class when I was in high school.

Left to my own devices, well, I poured every dollar I made as a lifeguard into my ’55 Chevy, even to the point of driving to Mexico to have the seats rolled and tucked in Naugahyde. It cost a fortune, but oh, it looked boss.

Photo taken in 1993.
Provided

However, a small problem arose as we drove home through the hot Southern California desert. I started to feel something that made my eyes water. I discovered, as my scent nodes swelled to the size of peaches, that they had stuffed my beautiful new upholstery with horse manure, something you could never detect except on a very hot day. .



I sold this car on the coldest day of the year to a classmate of mine who also needed a personal finance course. The one thing I took away from Ms. Mann’s home economics class was, “Never spend more than a quarter of your income on housing. That little piece has served me well over the years, but the days of you only spending a quarter of your income on rent are gone when rents are $2,500 a month here in Tahoe, and double that in New York if you can find an apartment.

A while ago I picked up a few girls who were hitchhiking to the State Line for a night out. During their conversation, one of them asked the other, “Did you bring any money?”



” No you ? »

“Nope.”

These girls could have taken a course in personal finance, and maybe a course in sociology. My humble suggestion is, drop Shakespeare for Twain and drop algebra for personal finance. I never used algebra except to calculate how fast I needed to run to complete a marathon in under three hours. And I never used Shakespeare, except to confess to myself on occasion, as Caliban once did: “What a thrice-double ass I was.”

The advice I got from my dad, who was very good at managing money, was simply, “No, we can’t buy Buick taillights for your Chevy, son; Money doesn’t grow on trees.”

Kids graduating from high school today need to learn about cryptocurrencies, compound interest, and payday loans, not to mention the line on the game of the week.

When I was a lifeguard in Tahoe, life was good. I had my ’55 Chevy and a girlfriend who worked at Harrah’s and shared his generous take-out meals. This summer will never come back, neither for me nor unfortunately for anyone. Life is so much more complicated today. So, let’s include personal finance as a body to our high school curricula in this great country of ours, and provide our graduates with a more resourceful, successful, and stress-free future…

Audio: https://anchor.fm/mcavoy-layne

Learn more about McAvoy Layne at http://www.ghostoftwain.com

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Pawn Depot opens in LaPlace – The Observer https://remedii.net/pawn-depot-opens-in-laplace-the-observer/ Fri, 01 Jul 2022 17:21:34 +0000 https://remedii.net/pawn-depot-opens-in-laplace-the-observer/ LAPLACE – Now open at 509 W. Airline Highway, LaPlace’s Pawn Depot is a one-stop shop for lending, selling, trading and buying merchandise. The new business celebrated its soft opening on June 30. A grand opening is planned for later this summer. LaPlace marks Pawn Depot’s seventh location in the Greater New Orleans area. The […]]]>

LAPLACE – Now open at 509 W. Airline Highway, LaPlace’s Pawn Depot is a one-stop shop for lending, selling, trading and buying merchandise.

The new business celebrated its soft opening on June 30. A grand opening is planned for later this summer.

LaPlace marks Pawn Depot’s seventh location in the Greater New Orleans area. The first store opened in February 2015 in Hammond and was followed by stores in Slidell, Gretna, Metairie, Covington and Chalmette.

Pawn Depot co-owner Stewart Smith said customers can expect to find a bit of everything in the store, from jewelry and sporting goods to guns, electronics, musical instruments , luxury handbags, home and garden tools, etc.

Smith said there was a need for another pawnshop in the community to provide people with loan options when needed.

“The majority of our clients are hardworking blue collar workers who need extra funds, whether it’s for an emergency or just checking in,” Smith said. “There is only one other place in the community. We believe competition is healthy and we provide an alternative to give people a choice. We look forward to the opportunity to serve people here and win business. We will treat customers the way we want to be treated. Everyone is welcome.”

Before receiving a pawn loan, the customer and Pawn Depot staff will first agree on the value of an item using factors such as age, current condition and the value they hold on the retail and reseller markets. The item will then be left at Pawn Depot in exchange for a short-term cash loan until the customer returns, pays off the loan and interest, and collects their item.

All collateral is securely stored for the duration of the loan agreement. An alarm system and CCTV are in place 24/7, and all items are guarded by Pawn Depot employees who have passed background checks to obtain employment. While most items are stored in air-conditioned warehouses, jewelry will be stored in safes.

If the loan agreement expires before a customer renews the agreement or repays the collateral, the items will be placed in Pawn Depot’s inventory and offered for sale.

Extension options are available if customers are unable to repay a pledge loan in full by the loan’s due date.

According to the Pawn Depot team, pawn loans are more beneficial than payday loans because non-payment means the collateral will simply become a stock item in the store. Meanwhile, non-payment of a title or payday loan affects the credit store and can give loan companies the power to seize funds from an individual’s bank account. While title and payday loans typically have terms of 14 to 60 days, pawn loans have terms of 60 to 90 days, often with lower interest rates.

Rather than getting a loan with collateral, customers can choose to sell their items to the pawnshop in exchange for funds.

Pawn Depot also offers retail services at affordable prices and a selection of like-new products. Warranty, layaway and online purchase options are available.

Pawn Depot is committed to keeping guns out of the wrong hands. According to the Pawn Depot website, “We are a federal firearms dealer and are regulated by federal, state, and local authorities.”

Pawn Depot will be open 9 a.m. to 6 p.m. Monday through Saturday and closed on Sunday.

For more information on the new Pawn Depot at LaPlace, call 985-359-7296. The latest product selections can be viewed on LaPlace’s Pawn Depot Facebook page or at pawndepot.net.

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How much of an FHA loan can I qualify for https://remedii.net/how-much-of-an-fha-loan-can-i-qualify-for/ Thu, 30 Jun 2022 02:22:39 +0000 https://remedii.net/how-much-of-an-fha-loan-can-i-qualify-for/ Looking for a payday loan calculator to see how much of an FHA loan you’ll qualify for? Online lenders such as Conway Green emphasize the importance of a calc payday loan. This article will provide you with the information you need! What is an FHA loan? FHA loans are government guaranteed loans that are available […]]]>

Looking for a payday loan calculator to see how much of an FHA loan you’ll qualify for? Online lenders such as Conway Green emphasize the importance of a calc payday loan. This article will provide you with the information you need!

What is an FHA loan?

FHA loans are government guaranteed loans that are available to borrowers with a low down payment. The FHA limits the amount of money you can borrow for the purchase of a single property to 109% of the home’s appraised value. A payday loan calculator can help you determine how much FHA loan you can qualify for.

How do I qualify for an FHA loan?

There are a few things you should know about the FHA home loan program before you start your mortgage search. In order to qualify for an FHA loan, you will need to meet certain requirements. First, the purchase price of the house must be between 100 and 125% of the median family income in the area. Additionally, you will need a good credit history and adequate income. Finally, the FHA requires that your down payment be at least 3.5% of the total cost of the home. An online payday loan calculator can help.

Unlike conventional lenders, FHA loans require you to pay a portion of the purchase price in cash. Lenders meet this requirement by requiring a slightly lower down payment. To determine the required amount, simply enter your monthly gross income and expenses into our mortgage calculator and press calculate. The personal loan calculator will recalculate your probable down payment amount.

How can a payday loan calculator help me with my FHA loan?

If you wonder how much of a mortgage you qualify for with an FHA loan, a payday loan calculator can help. The online calculator will allow you to enter all your information and quickly know how much money you would be able to borrow. Simply enter your annual income, debts, and down payment amount to see how much money you could borrow each month. You can also use this calculator to estimate how long it would take you to pay off your loan if you chose a lower interest rate.

Knowing how much money you can borrow with an FHA loan is essential when shopping for a home. The more information you have, the more likely you are to find the right payday loan calculator and get that perfect, safe FHA loan.

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Amy wanted to get rid of 34HH boobs until she found OnlyFans and made £40,000 in a month https://remedii.net/amy-wanted-to-get-rid-of-34hh-boobs-until-she-found-onlyfans-and-made-40000-in-a-month/ Sun, 19 Jun 2022 13:20:59 +0000 https://remedii.net/amy-wanted-to-get-rid-of-34hh-boobs-until-she-found-onlyfans-and-made-40000-in-a-month/ A woman who wanted a cut to stop people staring at her 34HH boobs is now earning £40,000 a month on OnlyFans and has paid off her family’s total debt of £130,000. Amy Sophia, 27, from Leeds, was so insecure about her ‘huge boobs’ that she used to try to hide her figure in baggy […]]]>

A woman who wanted a cut to stop people staring at her 34HH boobs is now earning £40,000 a month on OnlyFans and has paid off her family’s total debt of £130,000. Amy Sophia, 27, from Leeds, was so insecure about her ‘huge boobs’ that she used to try to hide her figure in baggy jumpers or tight clothes that would ‘crush’ her chest.

When she went clubbing with friends, she says strangers made comments and looks that depressed her. “Usually when I went to clubs or out in public it was the women who would tell me to ‘put it away’ because their boyfriends were staring at me,” Amy said.

“I usually ignore it, but I once got kicked out of a nightclub for flashing this girl who told me to cover up. I was just fed up. I have such bad posture from the way I was always leaning forward to hide my boobs because when I kept my back straight it made them even more prominent and I hated that attention.



Amy Sophia (Press Jam)

“Now the looks and comments don’t bother me anymore. I know they’re just jealous or they have body issues, they’re obviously not happy in their own skin.

Amy was working five days a week as a spa therapist earning £8.50 an hour when she decided to set up an OnlyFans page in October 2019. She says the site gave her confidence and helped her embrace her curvy figure.

When she joined she was saddled with debts of £30,000 from payday loans. Amy said: “I’ve always wanted a champagne lifestyle on a Coca Cola budget. I went on vacation abroad and always bought new clothes.

“Because of the high interest rates on payday loans, I was stuck in a vicious circle. Then there was a buzz around this new site, OnlyFans, and something just told me to do it. for money.



History of Jam Press (Boob Debt Reduction) Pictured: Amy Sophia. “I was desperate to get rid of my huge boobs – until they paid off my family’s £130,000 debt,” a 27-year-old woman from Leeds reveals. A woman who wanted breast reduction to stop people staring at her 34HH boobs is now earning £40,000 a month on OnlyFans and has even paid off her family’s total debt of £130,000. Amy Sophia, 27, from Leeds, was so insecure about her ‘huge boobs’ that she used to try to hide her figure in baggy jumpers or tight clothes that would ‘crush’ her chest. When she went clubbing with friends, she says strangers made comments and looks that depressed her. “Usually when I went to clubs or out in public it was the women who would tell me to ‘put it away’ because their boyfriends were looking at me,” said Amy, who has 400,000 followers on Instagram (@__amysophia) , told NeedToKnow. .on line. “I usually ignore it, but I once got kicked out of a nightclub for flashing this girl who told me to cover up. I was just fed up. “I have such bad posture because of the way I was always leaning forward to hide my boobs because when I kept my back straight it made them even more prominent and I hated that attention. “Now the looks and comments don’t bother me anymore. I know they’re just jealous or they have body issues, they’re obviously not happy in their own skin. Amy was working five days a week as a spa therapist earning £8.50 an hour when she decided to set up an OnlyFans page in October 2019. She says the site gave her confidence and helped her embrace her curvy figure. When she joined she was saddled with debts of £30,000 from payday loans. Amy said: “I’ve always wanted a champagne lifestyle on a Coca Cola budget. I went on vacation abroad and always bought new clothes. “Because of the high interest rates on payday loans, I was stuck in a vicious cycle.” Then there was a buzz around this new site, OnlyFans, and something just

“I knew my boobs were getting attention, so I decided to use them to my advantage instead of hiding. In my first month I made £7000 which was insane.

“Every month it was increasing – my best month of income was £150,000, but I average around £40,000 now.”

As well as paying off her own debt of £30,000, Amy was also able to help her parents pay off a combined debt of nearly £100,000. She said: “Helping my family out of debt was the first thing I did with the money.

“It took me about four or five months before I started winning big before I could do it. Mom was so grateful. She’s fully supportive of what I’m doing and always has been from the start.

“The people who are important to me in my family have supported me and that’s all that matters. I’m so lucky to have such an understanding family behind me. I love them so much.”



Amy Sophia (Press Jam)
Amy Sophia (Press Jam)

As a teenager, the model’s figure “changed overnight” as she struggled to embrace her curvy new figure. She said: “I woke up one day when I was about 15 and it’s almost like my boobs just grew overnight, they were huge.

“I slowly started to dislike them as they got bigger and bigger. I felt like I had a hard time hiding them and people looked at me a lot. I avoided certain exercises at the gym and I had trouble buying clothes because they didn’t suit me or I was worried that everything would look too slutty.

At 23, she went to see a doctor about breast reduction, but the details of the operation were so daunting that Amy took longer to think about it. She said: “I was sick of the attention, of the men watching.

“I couldn’t enjoy shopping and buying nice clothes. I also felt like my big chest made me look fat because it hid my shape in the clothes.



Amy Sophia (Press Jam)
Amy Sophia (Press Jam)

“I learned how serious a reduction is, so I took my time to think about it. But during that time of reflection, I discovered Only Fans.

“That’s when I started kissing them. The positive attention has really changed my mindset.

“I realized that a lot of guys there love my boobs and now they are my sources of money.”

Amy likes to spend her earnings on clothes, fine dining and luxury travel – and has been to Mexico, the Maldives, Rome, Thailand, Las Vegas and all over Europe. She also had a Brazilian butt lift to further enhance her figure.

The model added, “I’ve always wanted beautiful things and to do the beautiful things in life. Now I can live the life I always dreamed of and wanted so badly.

“I do what I do for the money, which gives me freedom and freedom is everything to me.”

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What are the other names of Juneteenth? The United States betrays the spirit of the “Jubilee” https://remedii.net/what-are-the-other-names-of-juneteenth-the-united-states-betrays-the-spirit-of-the-jubilee/ Fri, 17 Jun 2022 17:50:23 +0000 https://remedii.net/what-are-the-other-names-of-juneteenth-the-united-states-betrays-the-spirit-of-the-jubilee/ This story was supported by the Economic Hardship Reporting Project, a nonprofit journalism. Dating back millennia, the Jubilee was a momentous celebration, a year when the land was to be returned, debts canceled and enslaved people were to be set free. Heralded by the thud of a ram’s horn, note biblical scholars, the Jubilee year […]]]>

This story was supported by the Economic Hardship Reporting Project, a nonprofit journalism.

Dating back millennia, the Jubilee was a momentous celebration, a year when the land was to be returned, debts canceled and enslaved people were to be set free. Heralded by the thud of a ram’s horn, note biblical scholars, the Jubilee year was grounded in the idea of ​​freedom, orchestrating an economic, cultural and moral reorganization of society. It is therefore fitting that Juneteenth is often called Jubilee Day.

In January 1863, the Emancipation Proclamation abolished chattel slavery, declaring that “all persons held as slaves” shall be “free forever”. But it wasn’t until two years later, on June 19, 1865, that news of the liberation finally reached the slaves of Galveston, Texas. Juneteenth, sometimes called Black Independence Day or Freedom Day, honors this real end of slavery.

In a way, the Emancipation Proclamation functioned as the first and only black American jubilee—in fact, “jubilee” is what former slaves called the post-Civil War phase. Abolition ended the whole economy of exploited labor that essentially built the modern capitalist world. But the Emancipation Proclamation went further than requiring Confederate states to simply recognize the abolition of slavery – it also called on the United States government to “maintain” the freedom of former slaves and not to do “any act or deed aimed at suppressing such persons” or any “efforts they may make for their effective freedom.” Today, contrary to the instructions of President Abraham Lincoln, the government still sanctions and facilitates the oppression of black people.

Sharecropping, convict tenancy, medical racism, mass incarceration, policing and other racist institutions have trapped black Americans in cycles of debt bondage, indentured servitude and suffering. Forced to debt-finance public goods and their own incarceration, black people bear the brunt of student, medical and criminal debt. For-profit colleges, hospitals, police departments and the prison industrial complex are all (literally) betting on their schemes to put black communities in debt. Just a decade ago, in the wake of the 2008 financial crisis, racist housing practices and job losses wiped out more than half of black wealth.

As a result, the current gap between blacks and whites in home ownership is wider than it was more than 50 years ago. From the Three-Fifths Compromise to jail and racial gerrymandering, politicians have repeatedly dismantled black political power, making black Americans’ voting rights weaker than they were in 1965, when the voting rights was adopted for the first time. The scourge of gun violence and the school-to-jail pipeline have stolen the future of black children. Black girls are disappearing at an unacceptable rate and black trans women have a life expectancy around the age required to be president: 35 years. If you are black, your risk of incarceration is almost fivefold. If you are a black woman in New York, your probability of dying in childbirth increases eight times. Unfortunately, black Americans represent 13% of the American population and 40% of those on death row.

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5 Best Fast Loans and Fast Cash Loans Online for Bad Credit and Payday in 2022 https://remedii.net/5-best-fast-loans-and-fast-cash-loans-online-for-bad-credit-and-payday-in-2022/ Wed, 15 Jun 2022 07:25:00 +0000 https://remedii.net/5-best-fast-loans-and-fast-cash-loans-online-for-bad-credit-and-payday-in-2022/ Quick loans save your life when you are in financial trouble. Millions of Americans have used quick cash loans at one time or another. So whether you’re short on cash because you just shelled out hundreds for a home repair, or maybe you bought an expensive birthday present, or covered an emergency expense, loans in […]]]>
Quick loans save your life when you are in financial trouble. Millions of Americans have used quick cash loans at one time or another. So whether you’re short on cash because you just shelled out hundreds for a home repair, or maybe you bought an expensive birthday present, or covered an emergency expense, loans in Quick lines will allow you to get a cash advance to live comfortably until your next payday. Here are the top five fast loan providers and what makes them a viable choice.

Best Quick Loans 2022 – Quick Overview

  • Viva Payday Loans Best fast payday loans overall for fast disbursement
  • Heart Paydays – Best for fast bad credit loans
  • Credit Clock – Great for fast online loans and easy loan approvals
  • Money Lender Squad – Ideal for quick online application
  • Very Merry Loans – Ideal for small loans that are repaid the same day

General Eligibility Criteria for Quick Loans

If you want to benefit from fast loans online, you must meet the following criteria:

  • at least 18 years old
  • Permanent address in the United States
  • Earn at least $800 per month
  • Don’t be over-indebted
  • Have a bank account

5 Best Quick Payday Loans

If you’re looking for fast loans online, here’s a quick rundown of everything you need to know about the best online fast loan providers in the United States.

1. Viva Payday Loans – Best Quick Payday Loans Overall for Fast Disbursement

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Advantages

  • Disbursement within 60 minutes of approval
  • Get up to $5,000
  • Repayments over 2 to 24 months

The inconvenients

  • Not available in some states

Viva Payday Loans is one of the best quick and easy loans with access to lenders that get the job done. There is no waiting when using Viva payday loans. Once a loan is approved by a lender, the money is credited to your bank account as quickly as possible. It is not uncommon for borrowers to get the money in their bank account within an hour, subject to lender approval. Although interest rates can be high, some lenders are reducing their rates to stay competitive. For this reason, interest can vary from 5.99% to 35.99% for fast payday loans online. To be a successful candidate, you must be 18 or older, have permanent residence in the United States, hold a permanent job, and earn enough income to cover the cost of the loan payments as well as your other monthly expenses.

Click here to request funds from Viva Payday Loans >

2. Heart Paydays – Best for fast bad credit loans

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Advantages

  • Affordable monthly payments
  • Low FICO scores are welcome to apply
  • Application return guaranteed in 2 minutes

The inconvenients

  • Approval times can take longer than one business day in some cases

Heart Paydays does not discriminate against borrowers, even those who do not have a bad credit history or those who are specifically looking for fast loans for bad credit. When you use this loan search service, you will have the advantage of being connected to the lenders most likely to help you, even if your credit score is low. Of course, affordability checks are in place to ensure borrowers can afford the loans they apply for. Fast loans through the Heart Paydays portal come with an APR of 5.99% to 35.99% and sizes ranging from $100 to $5,000. If you earn at least $1,000 per month, have permanent residence in the United States, and are at least 18 years old, you can apply today.

Click here to request funds from Heart Paydays >


3. Credit Clock – Best for quick online loans and easy loan approvals

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Advantages

  • 100% easy loan search service
  • Super-fast online application
  • Quick disbursement

The inconvenients

  • Interest rates can reach 35.99%

Credit Clock connects borrowers with lenders who offer affordable and fast loans in the United States. As a reputable loan finder, Credit Clock presents borrowers looking for quick payday loans with viable loans ranging from $100 to $5,000 with 2 to 24 months to pay off. If you earn $1,000 per month, have a valid ID, are at least 18 years old, and are a permanent resident of the United States, you are eligible for fast payday loans online through CreditClock!

4. Money Lender Squad – Best for Quick Online Application

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Advantages

  • The online application takes a few minutes
  • Get up to $5,000 in your account today
  • Panel of lenders to choose from

The inconvenients

  • Not all requests are approved

Money Lender Squad is a great alternative if you’re tired of the bureaucracy often associated with traditional bank loans. This loan search site helps borrowers select the best fast loans online by applying just once. The online system is geared towards ultimate simplicity. All you have to do is enter the amount you want to borrow and the expected repayment term. Next, provide your contact details (name, ID, address, employment details, bank account, and a list of your monthly expenses), and the best quick cash loan options will be presented to you within minutes.

5. Very Cheerful Loans – Ideal for small loans that are repaid on the same day

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Advantages

  • Easy loan terms
  • Apply online in 2 minutes
  • Withdraw money the same day

The inconvenients

  • Small loans up to $2,000 only

If you’re not looking for bad credit fast loans, the fast loans available through Very Merry Loans are ideal. These loan packages are deliberately small to ensure easy repayment so you won’t find fast online payday loans over $2,000 here. APRs are between 5.99% and 35.99%. Best of all, the lenders Very Merry Loans puts you in touch with are used to repaying loans the same day they are approved.

What is a fast payday loan?

Quick payday loans are often quick loans for borrowers with bad credit or people who don’t have time to wait through lengthy bank processes to get the money they need. These loans operate on a basic loan model. The borrower requests funds and indicates the repayment period that would suit them best. The lender offering instant or fast cash loans will present an offer, detailing the amount of interest (usually between 5.99% and 35.99% depending on the state) and the terms of the loan. If the borrower agrees to the terms, the loan agreement must be signed and the lender, usually the same day, transfers the funds to the borrower’s bank account.

FAQs

Can I get an instant loan in 5 minutes

If you are looking for the best fast same day loans in the USA, you might want to try the options mentioned above. All of these loan matching services have application processes that only take two minutes. If your loan is approved by a lender, payments usually occur the same day.

Can I get a quick loan with a 550 credit score?

Credit scores of 550 are significantly lower than the average credit score. If your financial situation has changed and you are now able to afford your monthly expenses plus a loan installment, you may still be a viable candidate for fast payday loans.


Can you get a loan with no payment history?


If you have no credit history to speak of, you are still eligible for fast cash loans online. Although a credit check will be carried out, it will not be the only deciding factor in the outcome of your loan.

Disclaimer – The above content is not editorial, and Economic Times hereby disclaims all warranties, express or implied, in connection therewith, and does not necessarily warrant, guarantee or endorse any content. The loan websites reviewed are loan matching services, not direct lenders. Therefore, they are not directly involved in the acceptance of your loan application. Applying for a loan with the websites does not guarantee acceptance of a loan.
This article does not provide financial advice. Please seek the assistance of a financial advisor if you need financial assistance. Loans available only to US residents.

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Who really pays with buy now, pay later companies like Klarna and Affirm: NPR https://remedii.net/who-really-pays-with-buy-now-pay-later-companies-like-klarna-and-affirm-npr/ Sun, 12 Jun 2022 21:10:24 +0000 https://remedii.net/who-really-pays-with-buy-now-pay-later-companies-like-klarna-and-affirm-npr/ CHERYL W THOMPSON, HOST: If you’ve shopped online recently, you might have seen an option that would let you pay some now and the rest later, interest-free. Buy now, pay later Businesses have exploded in popularity during the pandemic. Klarna, Afterpay and Affirm are just a few of them. Now Apple is getting in the […]]]>


CHERYL W THOMPSON, HOST:

If you’ve shopped online recently, you might have seen an option that would let you pay some now and the rest later, interest-free. Buy now, pay later Businesses have exploded in popularity during the pandemic. Klarna, Afterpay and Affirm are just a few of them. Now Apple is getting in the game with Pay Later. So what’s behind this trend, how does it work and who is actually paying? For that, we called Alexi Horowitz-Ghazi of Planet Money. He looked at buy-now-pay-later services in a recent episode of Planet Money. Alexis, welcome.

ALEXI HOROWITZ-GHAZI, BYLINE: Thanks for inviting me.

THOMPSON: So buy now, pay later sounds simple, but is it? Can you explain to us how these services work?

HOROWITZ-GHAZI: Of course. So buy now, pay later is a form of consumer credit – like credit cards or payday loans or other things that we’ve seen – but it’s sort of a new form. So the way it works is you’ll be shopping online or increasingly at more and more IRL stores and instead of paying the full price with a credit card or debit card or something, you will be offered a buy now, option to pay later. Usually it’s this four-part payment model, which means they’ll ask for installment payments. You’ll pay the first installment immediately using, you know, whatever bank account or credit or debit card you want. They’ll take that upfront payment, and then you pay them back in regular installments. And everything is irrelevant. It works much like an old-fashioned layaway, except with buy now, pay later, you get what you buy immediately.

THOMPSON: So how do companies make money if there’s no interest? Someone gets paid.

HOROWITZ-GHAZI: That’s true. So generally lending money is profitable due to a combination of interest and fees or perhaps collateral. There is no warranty with these things. They’re not going to repossess your Nike sneakers and try to resell them to recover, you know, your missed payments or whatever. And there is no interest, as you mentioned. And the fees, although there are late fees and there are forms of interest that kick in if you repeatedly fail to pay, the fees really aren’t that high. And that’s not the center of the business model. The way these companies make their money is that they collect fees from merchants – so the companies that sell you the goods you buy online or in person. And they charge between 4 and 9.5%, which can be much higher than what credit cards usually charge, which is between 2 and 4%.

THOMPSON: If the merchant has to pay these fees, do merchants pass these fees on to the consumer through higher prices?

HOROWITZ-GHAZI: Presumably it’s happening to some extent, but it’s still just the beginning for this model. And for the most part, it seems like the model is actually working for everyone involved, because what the buy now, pay later businesses are offering these merchants is the promise of a lot more sales. So they’re bringing in a bunch of new customers, people who maybe haven’t used credit cards or might be a little allergic to the idea of ​​using credit – so a lot of Zoomers and the millennials who grew up in the aftermath of the financial crisis and just don’t want to use credit cards – and people who, you know, might have thin credit histories or bad credit and might otherwise not not have access to things like credit cards and other forms of loans. So they’re bringing in new people, and then also there’s something in the psychology of sort of breaking down the total price into those installments – into those smaller installment prices that make people a little less hesitant to complete their order – you know, to click buy when they’re at the end of their purchase, when they’re at checkout.

THOMPSON: So you know the old adage, don’t you? – that if it sounds too good to be true, it probably is. Where can this go wrong for the consumer?

HOROWITZ-GHAZI: That’s true. So, you know, it’s – these payments are interest-free, which means it can be pretty cheap money, you know, if you meet all the terms and conditions of the loans. The problem with these is kind of the flip side of being outside the normal credit reporting system. This means it’s easier to get these buy now, pay later loans early. But that also means that each of those loans isn’t reported to any sort of central repository, which means you can take out, you know, five or six different loans from five or six different companies without any of they don’t know. That means you can get into all that payout whirlwind and get in trouble pretty quickly.

And that’s one of the things that raised red flags for, you know, consumer groups and regulators. Last fall, the House Financial Services Committee of Congress held a hearing on all of this. And right now, the Consumer Financial Protection Bureau has opened an investigation into the buy now, pay later industry. They examine the risk to consumers of overextending themselves, what types of data are collected by these companies and how they are used, and how these services fit into existing regulations for other types of credit products.

THOMPSON: Why do you think, Alexi, this practice took off during the pandemic?

HOROWITZ-GHAZI: Well, buy now, pay later companies started in places like Australia and Scandinavia, and they kind of grew over the years. They came to the United States largely around 2015, and they were kind of at that moment of critical mass right at the start of the pandemic. They were starting to get picked up by bigger and bigger companies, eventually places like Amazon and Walmart and Target, which exposed them to a lot more people. And that happened just as a lot of lockdowns were happening, and a lot of people were turning to the internet and online shopping as a form of retail therapy or just a place to find basic essentials so that they were struggling to figure out how to work from home. And that sort of hovered over this huge explosion in online shopping that’s happened over the years since the pandemic began. It has become a new and increasingly convenient way for people to shop online.

THOMPSON: Some sort of accidental explosion.

HOROWITZ-GHAZI: Yes. I would say it was good timing and a lot of trading strategies came at the right time.

THOMPSON: It was Alexi Horowitz-Ghazi, host and reporter for NPR’s Planet Money. Thank you, Alexis.

HOROWITZ-GHAZI: Thank you.

(SOUND EXTRACTION OF “MOANIN’ BY CHARLES MINGUS”)

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NPR transcripts are created in peak time by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative recording of NPR’s programming is the audio recording.

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A Barbershop financial management app relies on Bond for BaaS and i2c for payments https://remedii.net/a-barbershop-financial-management-app-relies-on-bond-for-baas-and-i2c-for-payments/ Sun, 05 Jun 2022 06:26:04 +0000 https://remedii.net/a-barbershop-financial-management-app-relies-on-bond-for-baas-and-i2c-for-payments/ NEW YORK, NY – Photo by Bill Tompkins/Getty Images Astor Place Hairstylists. Getty Images Hair salons may not seem like a huge market, but the country has around 130,000 of them, and 20,000 use a hair salon management system called Squire. It handles online bookings, sends reminders to customers when it’s time to book appointments […]]]>

Hair salons may not seem like a huge market, but the country has around 130,000 of them, and 20,000 use a hair salon management system called Squire. It handles online bookings, sends reminders to customers when it’s time to book appointments and pays barbers even if they don’t have a bank account, and also provides them with an easy way to use the debit payments to pay for their chair rent.

Many barbers lack bank accounts and convenient access to basic financial services. As a result, they often have inconsistent cash flow and lump sum income that can lead to financial hardship, according to a case study by Bond, the banking-as-a-service (BaaS) company that provides the fintech behind Squire.

“We’re partnering with them to offer a Squire Card that allows barbers to get paid in real time, with their salary and tip going directly to the barber’s card,” said Roy Ng, CEO of Bond. In the past, many barbers had to take out payday loans to get by between paychecks. During the pandemic, many customers paid for their haircuts with cards or contactless phones, and tips often went to the hair salon rather than the hairdresser.

“For barbershops, this ability gives them a competitive edge to hire more barbers,” Ng said, “and Squire gets interchange fees for the store owner.

Squire co-founders Songe LaRon and Dave Salvant, who owned a hair salon, chose Bond to handle the financial operations, rather than taking 18 to 24 months to build their own. Bond delivered a fully compliant payment module integrated into the store’s management software within a few months.

“We chose Bond as our partner because we were confident they could launch the Squire Card quickly and successfully,” Salvant said. Squire then considers a credit card and will turn to Bond for that as well. Bond is a BaaS platform that enables organizations to integrate next-generation financial products into their existing customer experiences using i2c.

“We are an agnostic integrated financial platform,” said Roy Ng. “We partner with different technology providers, several different banks, and we work with a variety of KYC providers.”

But the only payment processor they use is i2c which provides both credit and debit payments.

“We are the only consumer BaaS whose customers live on both credit and debit,” Ng said. “Throughput is very important, really fundamental. And on the credit side, we’re happy to have trade credit customers. And we provide a credit builder card for a fintech that has over 600,000 customers.

“We currently only work with i2c. We wanted to partner with someone who can act quickly and has a strong tech stack. we selected them several years ago and are satisfied so far.”

Major banking platforms offer payments, but many have different technology for distinct products they’ve developed over the years, while i2c has a unique technology stack, explained Jim McCarthy, president of i2c. i2c Inc.

“We don’t replace the client system, we work with software companies, the software company could be a neo-bank that wants to address a certain segment, like the creative economy, for example, where their customers derive revenue from YouTube or Instagram,” McCarthy says. “And if that software company wants to build a digital bank to serve that segment, we provide a platform. We don’t replace legacy, but provide infrastructure that didn’t exist. We provide an abstraction layer that facilitate the launch of the product, and then we work with a number of banks to provide the actual regulated banking services.

The company is global, he added, with operations in Japan, Australia, the United Arab Emirates, the United Kingdom, Turkey, Mexico, Latin America and the Caribbean.

“We can support, debit, prepay as well as consumer credit, trade credit, installment and billing capabilities,” he said. “The big two have too many unconnected and Cobol-based platforms. If you can’t adapt quickly to changing market conditions, you’re in trouble. You need a modern cloud-based and simple infrastructure. We have one platform and one codebase for all the features I’ve described. »

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The Web 3.0 Future Reviews (ASK Method Company) Ryan Levesque Quiz Funnel https://remedii.net/the-web-3-0-future-reviews-ask-method-company-ryan-levesque-quiz-funnel/ Fri, 03 Jun 2022 21:16:45 +0000 https://remedii.net/the-web-3-0-future-reviews-ask-method-company-ryan-levesque-quiz-funnel/ The Ask Method Company launched an online event called The Web 3.0 Future. During the free 5-day symposium scheduled for June 6-10, 2022, The Ask Method Company explains how your digital business can prepare for web 3.0. What is the future of Web 3.0? Should you attend The Web 3.0 Future webinar? Keep reading to […]]]>

The Ask Method Company launched an online event called The Web 3.0 Future.

During the free 5-day symposium scheduled for June 6-10, 2022, The Ask Method Company explains how your digital business can prepare for web 3.0.

What is the future of Web 3.0? Should you attend The Web 3.0 Future webinar? Keep reading to find out everything you need to know about this online event.

What is the future of Web 3.0?

The Future of Web 3.0 is a free 5-day online event scheduled for June 6-11, 2022 at 4 PM EST.

Each day of the event, The Ask Method Company covers a new aspect of Web 3.0 and how Web 3.0 applies to your business.

The Ask Method Company will provide practical advice you can use to prepare your digital business for Web 3.0.

Web 3.0 is already here, and companies that don’t act now risk falling behind. Your competitors are already taking advantage of Web 3.0 technologies. During The Web 3.0 Future, you can learn some of the best practices to prepare your digital business for Web 3.0.

Topics covered during the Future of Web 3.0

The five-day event covers different topics each day. Every day, a new expert explains a new aspect of web 3.0. By the end of the 5 days, you should have a better understanding of how Web 3.0 works, how it impacts your business, and how your business can adapt to Web 3.0 by making certain changes today.

Here are the topics discussed during each of the five days of the online event:

Day 1 (Monday June 6, 2022): Web 3.0 Traffic: Efficient lead generation in the world without cookies: iOS 14 was a game-changer for online advertisers as it included native cookieless technology by default, making it harder for advertisers to track users across the internet. In this webinar, Trey Sheneman (Marketing Director of Ask Method Company) explains techniques you can apply to your business today.

Day 2 (Tuesday, June 7, 2022): Web 3.0 Product: How Blockchain Will Disrupt More Than Money: Blockchain technology is not limited to cryptocurrencies. In this webinar, Lee Richter (CEO of the Global Leaders Collective) simplifies blockchain technology and explains how it can power your business. Businesses that use crypto, NFTs, and tokens in the right way today can get a head start.

Day 3 (Wednesday, June 8, 2022): Web 3.0 Email and Tracking: How Marketing Needs to Evolve to Track: In this webinar, Landon Ray (Founder and CEO of ONTRAPORT) discusses how open rates are no longer the standard measure of email campaign success. iOS 15 has targeted email performance, and email marketers need to change their game. Landon explains how to craft a winning game plan moving forward.

Day 4 (Thursday, June 9, 2022): Changing laws and how to use privacy as a strategic advantage: The United States lags behind most countries in the world when it comes to data privacy. However, things are changing. In this webinar, Jodi Daniels (Founder and CEO of Red Clover Advisors), discusses how changing data privacy laws will affect your business. More than half of all US states have data privacy legislation, and smart businesses need to make adjustments today.

Day 5 (Friday, June 10, 2022): Why standard marketing funnels won’t work in the age of Web 3.0: Marketing funnels have been a mainstay of digital marketing for decades. However, they will not work in the Web 3.0 realm. One-size-fits-all funnels are a thing of the past. In this webinar, Ryan Levesque (Founder and CEO of Ask Method Company and Bucket.io) explains how to use a personalized approach to funnels built on zero-party data to ensure the success of your marketing campaigns.

After the five-day event, marketers will have a better idea of ​​how Web 3.0 will affect their business, how to act today, and how to ensure you remain a marketer as technology laws change. and privacy continue to change.

The Future Pricing of Web 3.0

The future of Web 3.0 is free for everyone.

Simply enter your name and email address in the online form, and you will receive a free link to the live webinar on the day it is scheduled to take place.

What’s the catch?

There is no “catch” in the future of Web 3.0 being free. It’s legitimately free for everyone to attend, and you don’t need to buy anything to attend the webinar.

The purpose of the webinar is to demonstrate the value of The Ask Method Company’s other products and services, including masterclasses, certification programs, and coaching services. However, you are not obligated to purchase these services after attending The Web 3.0 Future webinar.

When is the future of Web 3.0?

The Future of Web 3.0 is scheduled for June 6 to June 10, 2022.

The five-day event consists of a new webinar each day. You will receive a link to each webinar before it airs.

Each daily webinar airs at 4 p.m. ET, 3 p.m. CT, or 1 p.m. PT.

What is Web 3.0?

Web 3.0 is the third generation of Internet services, websites and applications.

People have different definitions of Web 3.0. However, some of the common traits of Web 3.0 technology include:

  • Web 3.0 focuses on using machine-based data understanding to deliver a semantic, data-driven web
  • The goal of Web 3.0 is to create smarter, more connected and more open websites.
  • Web 3.0 involves AI, machine learning, semantic web analytics, and more.
  • Web 3.0 implements virtual assistants and an increasingly AI-integrated world
  • Web 3.0 is increasingly integrated with the Internet of Things; it involves the use of smart devices to predict user behavior, provide them with the results they need, and understand their online browsing and shopping habits

To understand where Web 3.0 came from, it helps to understand Web 2.0 and Web 1.0. Web 1.0 was the first generation of the Internet, with basic websites and connectivity as businesses explored the new technology. Web 2.0 was the rise of social media and growing connectivity. And Web 3.0 is increasingly emphasizing AI, machine learning, and smart technology to make internet technology even better.

About Ask Method Company

The Ask Method Company is a registered trademark of RL & Associates, LLC. The company has been a 5-time winner of the Inc. 5000 Fastest Growing Company award (2017, 2018, 2019, and 2021 for Bucket.io and The Ask Method Company).

The Ask Method Company is based in Austin, Texas, with team members around the world.

You can contact The Ask Method Company via:

  • E-mail: contact@askmethod.com
  • Call: 1-844-KICK-ASK (1-844-542-5275)
  • Address: 4500 Williams Drive, Suite #212-311, Georgetown, TX 78633, USA

In addition to offering webinars, The Ask Method Company offers masterclasses, coaching, certifications, and online training tools, among other products and services.

The Ask Method Company and Bucket.io were founded by Ryan Levesque.

Last word

The Ask Method Company has launched a 5-day online event called The Web 3.0 Future.

Web 3.0 is here, and it’s becoming more and more relevant for marketers every day. During The Web 3.0 Future, you can learn actionable strategies you can implement today to use Web 3.0, leverage Web 3.0 technology, and maximize marketing success in the age of Web technology. 3.0.

To learn more about the future of Web 3.0 or to attend the free five-day online event today, visit the official website at AskMethod.com >>>

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Disclaimer:

Please understand that any advice or guidance revealed here does not even remotely replace sound medical or financial advice from a licensed healthcare provider or certified financial advisor. Be sure to consult a professional doctor or financial advisor before making any purchasing decisions if you are using any medications or have any concerns from the review details shared above. Individual results may vary and are not guaranteed as statements regarding these products have not been evaluated by the Food and Drug Administration or Health Canada. The effectiveness of these products has not been confirmed by the FDA or Health Canada approved research. These products are not intended to diagnose, treat, cure or prevent any disease and do not provide any type of enrichment program. Reviewer is not responsible for pricing inaccuracies. See the product sales page for final prices.

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Government’s drive to verify CERB payments is intensifying – many said to return some or all of the funds received https://remedii.net/governments-drive-to-verify-cerb-payments-is-intensifying-many-said-to-return-some-or-all-of-the-funds-received/ Wed, 01 Jun 2022 10:32:06 +0000 https://remedii.net/governments-drive-to-verify-cerb-payments-is-intensifying-many-said-to-return-some-or-all-of-the-funds-received/ The government has started verifying the payments it sent to nearly nine million Canadians through the Canadian Emergency Response Program (CERB) – and many of those recipients are being told they owe repay some or all of the money they received. Some have to return the money received under the program because they were not […]]]>

The government has started verifying the payments it sent to nearly nine million Canadians through the Canadian Emergency Response Program (CERB) – and many of those recipients are being told they owe repay some or all of the money they received.

Some have to return the money received under the program because they were not eligible for the amount received and others because they received an advance payment that was never reconciled. Advocates are calling on the government to cancel these debts, which they say will be debilitating for many low-income workers.

A statement from the Canada Revenue Agency released on May 10 indicates that the agency has begun sending notices of redetermination (NoR) to Canadians who have been found to be ineligible for all or part of the CERB they have received.

It is not yet known how many people will receive these notices. According to Employment and Social Development Canada (ESDC), verification work will continue over the next four years as new data such as income tax returns and records of employment become available.

This is in addition to the Notices of Debt (NoD) that ESDC began sending in November 2021 to Canadians who received an accelerated advance payment of $2,000 at the start of CERB, which was to be applied to a later period. Anyone who hasn’t stayed on CERB long enough to reconcile this advance payment will receive one of these letters, according to the CRA, with the last ones sent in July – about 1.7 million people in total.

Barry Marsh, a member of the Etobicoke chapter of the advocacy group ACORN, said he heard from a number of community members who had received reimbursement letters from CERB and did not have the money to conform.

At the start of the pandemic, there was a lot of confusion about CERB applications and eligibility, Marsh said. Some people may have received more than they were entitled to without realizing it, he said, but that money has long been gone, used to pay rent or other necessities.

Now, even $2,000 in debt is enough to entice some low-income people to use payday loans, and could cost some the roof over their heads, Marsh said.

“People on low incomes are really struggling,” he said.

With inflation at record highs, Marsh thinks the government should treat CERB overpayments like a subsidy. He said the majority of those facing reimbursement did not apply to CERB with the intention of abusing the system.

According to the agency, anyone who is told they were ineligible for all or part of their CERB and who thinks this is untrue should contact the CRA to validate their claim.

“The government has been clear throughout the pandemic that while there will be no penalties for those who have applied for these benefits in good faith, individuals will be required to repay any benefit payments they have received and to which they weren’t entitled,” the spokesperson said in an email. .

The agency may offer flexible or deferred payment options for those who cannot pay upfront, according to an CRA tax advice article published May 11.

These notices “mark a transition in (the CRA’s) compliance and collection activities,” the CRA spokesperson said, and are part of a “wider compliance effort” for individual benefits. related to COVID-19.

Deena Ladd, executive director of the Workers’ Action Center, agreed with Marsh that the government should forgive CERB overpayments. Many workers continue to struggle with low wages, precarious work and debt, she said.

“Receiving this notice in the mail is probably an incredibly devastating blow,” Ladd said.

The early days of the pandemic were a confusing time for many, she said. The government did the right thing by rushing the payments, but as a result some mistakes were made — by the candidates, but also by the government, Ladd said.

For example, self-employed CERB recipients were told they would have to repay thousands of dollars after the government released inconsistent eligibility information. Later he admitted the mistake and forgave those debts.

The government’s 2020 Fall Economic Statement pledged $260 million over four years starting in 2021 to help ESDC and the CRA detect and address cases of misrepresentation, abuse, or fraud related to CERB.

Alex Thoms was out of work for about four weeks at the start of COVID-19, due to a temporary layoff from his retail job. Like many Canadians at the time, he didn’t know how to apply for financial assistance and applied for both CERB and Employment Insurance (EI).

When he received both, he realized his mistake and set aside the EI funds so he could pay them back on demand. He used the $2,000 he received in CERB funds — $500 for each week he was away. And when he received notice of his 2021 EI overpayment, he returned the funds he had set aside.

But this year, during tax season, Thoms received one of 1.7 million notices saying he owed the government $2,000 for the prepayment. He checked his bank account history to make sure he hadn’t received an extra $2,000 in CERB — he hadn’t — then called the CRA. But despite his explanations, he said the officer told him he had to pay.

“I was away for four weeks, got $2,000,” he said.

Thoms is certain there was a mistake, but is putting money aside in case the appeal he sent in April doesn’t work.

Steve Wilder, who was an apprentice electrician when COVID-19 hit, said he only received one CERB payment of $2,000 despite being off work for a few weeks at the start of the pandemic . So he was shocked to recently receive a letter saying the $2,000 was an advance that he had to repay.

Wilder, who is set to move, said repayment would be difficult in the short term. He still doesn’t know how much he was actually eligible for – it’s been over two years so he had assumed that if he wasn’t eligible the government would have told him much sooner.

At the time, money was a relief, he says. Now that is cause for concern.

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