Porn Site Earnings – Korsan Izle http://korsanizle.com/ Sat, 22 Jan 2022 10:13:49 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://korsanizle.com/wp-content/uploads/2021/07/icon-1.png Porn Site Earnings – Korsan Izle http://korsanizle.com/ 32 32 Personal habits that can increase financial risk https://korsanizle.com/personal-habits-that-can-increase-financial-risk/ Fri, 21 Jan 2022 19:30:28 +0000 https://korsanizle.com/personal-habits-that-can-increase-financial-risk/ (MENAFN – ValueWalk) When it comes to things that may pose a risk to your finances, certain activities may immediately come to mind. Investing heavily in high-risk stock options, quitting your job without a back-up plan, or habitually making large, unnecessary purchases are all obvious actions that can certainly affect your finances. But what about […]]]>

(MENAFN – ValueWalk)

When it comes to things that may pose a risk to your finances, certain activities may immediately come to mind. Investing heavily in high-risk stock options, quitting your job without a back-up plan, or habitually making large, unnecessary purchases are all obvious actions that can certainly affect your finances.

But what about the things you do in your daily life? Surprisingly, common personal habits can also jeopardize your personal wealth. Some of these habits seemingly have nothing to do with money, but can have a major impact in ways you may not have considered.

Contents Pin up

  • 1. Recreational alcohol use

  • 2. Lack of savings

  • 3. Continuous subscriptions that you do not use

    • 3.1. Focus on the day-to-day

Recreational alcohol consumption

When linking alcohol to financial risk, the obvious route is prosecution or criminal charges for misconduct. One danger that may not be as widely known, however, are the long-term consequences stemming from traumatic brain injury. As alcohol is estimated to be a contributing factor in approximately 50% of all traumatic brain injury incidents, the habit of drinking alcohol can have very real consequences.

Letter 2021 from Seth Klarman: Baupost’s “endless” information hunt

Baupost’s investment process involves “endless” gleaning of facts to help support investment ideas, writes Seth Klarman in his year-end letter to investors. In the letter, a copy of which ValueWalk was able to review, the value investor outlines Baupost Group’s process for identifying ideas and answering the most critical questions about its potential Read more

Brain damage can impact your finances far beyond substantial medical bills. If you have a brain injury that causes permanent damage and renders you unable to work, your income could be a fraction of what you are used to. While disability payments may provide meager relief, these payments can take months to initiate and may require multiple rounds of appeals.

Lack of savings

Spending on a monthly basis at the higher end of your monthly income is fine until an unexpected expense arises. The problem with this is the fact that unexpected expenses will arise at some point. Whether it’s a car repair or water damage in your home due to a burst pipe, costs will arise that cannot be delayed.

Americans have become more aware of having funds set aside for emergencies. However, about 51% have less than three months of spending in savings. When unexpected costs arise, it’s all too easy to fall into the trap of high-interest borrowing. This can take the form of credit cards or payday loans. Unless you drastically adjust your monthly expenses, you run the risk of spending long periods of time recouping interest payments.

Continuing subscriptions that you are not using

It can sometimes be comforting to have the option of using something even if you decide not to. Signing up for that gym membership at the start of the year seems like a step in the right direction for overall health, but it does little good other than drain your bank account if you don’t use it. .

Maybe there was a single TV show that you were excited to watch and signed up for a streaming service. After you finished watching, did you find anything else on this streaming service? Does it appear as a recurring monthly charge on your credit card without being used?

Many services start with an introductory free trial that requires you to enter payment information upfront. This is a savvy business strategy as it is very easy to forget that payment is due after 30-60 days. Even if you remember, you still have to take the time and effort to call or log into your account to cancel. If you don’t regularly check your credit cards and bank accounts for automatic payments, you could be wasting huge amounts of money each month.

Whether you put a cap on subscriptions and other memberships as part of your annual family budget or just check that you’re using the ones you pay for, get into the habit of not throwing away money.

Focus on the day-to-day

Financial difficulties don’t always stem from the fallout of failed business deals or a drop in investment. Much of the success of financial stability comes from daily habits. To avoid unforeseen difficulties in terms of personal wealth, it is better to adopt good habits and not take unnecessary risks.

Updated January 21, 2022 at 11:40 a.m.

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How to get a business loan in 2022? https://korsanizle.com/how-to-get-a-business-loan-in-2022/ Thu, 20 Jan 2022 15:41:07 +0000 https://korsanizle.com/how-to-get-a-business-loan-in-2022/ A business owner looking for additional funding to start or expand your business? Find out which 2022 business loans are the best options for you today! In this review, Nick Wilson, Founder and CEO of AdvanceSOS shares his expertise on how to get top tier business loans in 2022. Additionally, he shares tips for approaching […]]]>

A business owner looking for additional funding to start or expand your business? Find out which 2022 business loans are the best options for you today!

In this review, Nick Wilson, Founder and CEO of AdvanceSOS shares his expertise on how to get top tier business loans in 2022. Additionally, he shares tips for approaching lenders and showcasing your creditworthiness by as a business owner. As an experienced loan officer, Nick also explains how you can be successful with your application from a lender’s perspective. By having a large database of legit direct lenders in California, Ohio, Florida, Advance SOS can quickly help you get payday loansinstallment loans.

What is a business loan and how does it work?

Business loans are loans that you can borrow for a specific purpose only: to fund your business. Business loans vary in the area of ​​your business you use them for. There are loans for startups, financing essential equipment and expansion (franchise loans). Whatever it is, the lenders restrict the use of the loan to businesses only.

How much financing can you get with business loans?

As the purposes of business loans vary, their amounts also differ. For microloans, you can borrow between $5,000 and $50,000. But for larger installment loans, you can get up to five million dollars.

The amount you can get from the loan will depend on what you need it for. If you only need a loan to cover the small payroll costs of your employees, you may not get much. But if you plan to franchise your business, you may be able to borrow more from a lender.

What are typical business loan interest rates?

Typical business loan interest rates range from 4.99% to 99.00%, depending on the specific type and lender. Loans without collateral, co-signers or credit checks have higher interest rates. Having a strong credit history and credit rating can help you get lower interest rates. But there are still loans you can get with bad credit.

Interest rates also depend on how quickly you can get a business loan or payday loan, or other types of loans. Interest rates can skyrocket, allowing you to withdraw your loan funds more quickly. The higher rate pays for how easily you get the money you need.

How to apply for a business loan?

#1 Know the type of loan you need

Ask yourself, “Why do I need this loan? » Target the area of ​​your business that you need cash for and find the type of loan that fits your needs. Here are some types of business loans,

  1. term loan – a flexible small business loan perfect for financing day-to-day expenses.
  2. Loan from the Small Business Administration (SBA) – in the form of a low-cost loan guaranteed by the government.
  3. Business line of credit – a small flexible unsecured loan with a maximum credit limit.
  4. Equipment loan – a guaranteed loan of a large amount for the purchase of vehicles, machinery and essential tools.
  5. Invoice factoring and financing loan – a loan for one-time initial payments to suppliers and others.
  6. franchise loan – a loan for start-ups planning to open a franchise branch.

#2 Find the best lender to approach

Not all lenders offer the best financial products for every category. Your task now is to find the best loan provider of what you are looking for based on your needs. Rank the following criteria before looking for a lender, so you know what to put first. Can your lender

  • Loan the entire amount of the loan
  • Give the lowest interest rate
  • Be flexible with due date and late fees
  • Approve and release money fast
  • Lend with few requirements
  • Loan anytime, any day

#3 Prepare the requirements to submit

Prepare the following requirements to increase your chances of getting loan approval,

  • Basic personal information (name, address, email and contact number)
  • Tax Identification Number (as employer (EIN) and social security number (SSN))
  • Basic business information (name, address, email, contact number, industry category, company structure, years in business, number of employees, annual revenue, estimated monthly expenses)
  • Recent business plans, bank statements, financial statements, and tax returns

Can I use a business loan for personal purposes?

No, you cannot use a business loan for your personal use and that of someone else. You can’t even redirect a specific loan to other expenses within your business. An equipment loan consists only, for example, of buying or renting a vehicle, machine or tool. You cannot use it to pay your employees or fund a franchise.

If your lender discovers that you have used your loan elsewhere, they can seize your assets or impose a penalty.

About the writer | Amanda Girard

Amanda Girard is the financial editor of Advanced SOS. She is responsible and has excellent credit for all our material published on our website. Thanks to Amanda, we can provide quality items for your enjoyment.

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Census-wide research shows UK students at risk of gambling harms https://korsanizle.com/census-wide-research-shows-uk-students-at-risk-of-gambling-harms/ Tue, 18 Jan 2022 17:19:45 +0000 https://korsanizle.com/census-wide-research-shows-uk-students-at-risk-of-gambling-harms/ According to a study by the research company Census-wide, 35% of university students in the UK have borrowed money to gamble at least once. This has raised concerns about young people showing signs of gambling harm. The results of the Censuswide survey The survey was commissioned by the Young Players and Players Education Trust and […]]]>

According to a study by the research company Census-wide, 35% of university students in the UK have borrowed money to gamble at least once. This has raised concerns about young people showing signs of gambling harm.

The results of the Censuswide survey

The survey was commissioned by the Young Players and Players Education Trust and Gamstop, an online self-exclusion tool. A total of 2,000 students participated in the research. Here are the results:

According to the data, 80% of students have played at least once. More than a third of respondents (35%) confirmed that they had borrowed money to gamble. This includes a variety of sources such as asking friends for money and taking out payday loans. Additionally, 19% said they took money from their student loans to fuel their hobby.

The majority (45%) spent no more than $14 per week on gambling. Still, some spent as much as $68 per week (18%). The most popular betting product seems to be the National Lottery with 32% of young punters preferring its offers. 25% take part in sports betting and 18% find bingo to their liking.

Most students who bet (63%) would do so at least once a month. More than a third (38%) would gamble at least once a week.

A total of 41% of students said that gambling has had a negative effect on their academic life.

What can be done to prevent students from becoming problem gamblers?

Asked about their motivation, 46% said they use gambling as a way to earn money. Among all student players, around 25% said they enjoyed the thrill of an uncertain outcome. Overall, most students felt excited when playing, with only around 20% admitting to feeling anxious while doing so.

It seems that the majority (34%) decide to get into the game because of their peers. The rest see either social media ads (23%) or some other type of ad (14%).

Spokespersons for Gamstop and YGAM commented on the results. Daniel Bliss, the External Affairs Director of YGAM, commented:

“This research provides us with valuable insights into student behaviors during the pandemic. We want to build on this work to better understand how our programs can protect and support students.

YGDAM director of external affairs Daniel Bliss

He added that responsible gambling education is key to helping university students learn to be responsible adults.

Fiona Palm Tree, the chief executive of Gamstop said that many people tend to be unaware of the extent of gambling problems among students on campus. For this reason, it is crucial to teach young people the tools of self-exclusion.

The two organizations that commissioned the survey found the above figures concerning. For this reason, they will work with the gambling addiction management app RecoverMe and launch educational materials aimed at students. The goal is to warn students of the dangers of gambling and to help them make informed decisions and avoid becoming compulsive gamblers.

Adil Nayem, the co-founder of RecoverMe, also spoke on the subject:

“This research highlights how the student population may be a high-risk group for gambling-related harms. RecoverMe provides students with multiple strategies to manage acute urges and support those who suffer from problem gambling with a discreet, flexible and evidence-based program.

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Mum who couldn’t afford to feed herself pays off £9,000 debt and forgave home loan https://korsanizle.com/mum-who-couldnt-afford-to-feed-herself-pays-off-9000-debt-and-forgave-home-loan/ Sun, 16 Jan 2022 07:00:00 +0000 https://korsanizle.com/mum-who-couldnt-afford-to-feed-herself-pays-off-9000-debt-and-forgave-home-loan/ Exclusive: Tracy Prees, 47, was £10,000 in debt at her worst two years ago after taking out overdrafts, credit cards and loans – but she has since turned her life around Tracy Prees shared her debt journey ( Image: Tracy Prees) A single mum who couldn’t afford to feed herself has told how she wiped […]]]>

Exclusive:

Tracy Prees, 47, was £10,000 in debt at her worst two years ago after taking out overdrafts, credit cards and loans – but she has since turned her life around

Tracy Prees shared her debt journey

A single mum who couldn’t afford to feed herself has told how she wiped out £9,000 of debt in two years by transforming her finances.

Tracy Prees, 47, who works as a driving instructor in Birmingham, says cutting her bills and complaining to payday loan companies has helped her financial transformation.

She also took advice from MoneySavingExpert founder Martin Lewis and says getting the right insurance has helped her in an emergency.

The mother-of-one, who has a 12-year-old daughter, says her debt troubles began when she applied for her first credit card when she was just 18.

At its lowest point two years ago, it had racked up £10,000 in debt through overdrafts, credit cards, loans and missed payments.







Tracy is now almost completely out of debt
(

Picture:

Tracy Prees)

She was also paying Brighthouse £55 a week for her TV and was unable to buy food.

Speaking to The Mirror, she said: “I’ve always worked but always struggled to pay my bills. Every month I owed more than I earned.

“It got to the point where I had to have a part-time job, alongside a full-time job.

“You end up with bad credit – even now my credit report still isn’t great – but it gets you in trouble because you always pay more when you borrow.

“You feel penalized because you can’t get the cheapest borrowing rates and you can’t have an overdraft or a normal loan.”

Tracy says taking a close look at her finances – so she can clearly see how much money she’s getting each month – has been a major factor in overcoming her debts.

Have you been able to clear a £1000 debt and want to share your journey? Let us know: mirror.money.saving@mirror.co.uk

She started transferring money from one bank account to another specifically for her bills so she knew exactly how much money she needed to spend each month.

Tracy would also make sure her bills went out the same day so she wouldn’t miss any payments.

Cutting her bills with Martin Lewis’s advice—including cutting her car insurance, gas and electric, and broadband—also gave Tracy more money to spend on her debts.

“I made sure to swap my car insurance and because of Martin Lewis it went from £50 to £100,” she explained.

“I’m a bit of an insurance queen, so I always like to cover myself. For example, I have insurance that covers me for my tires and my batteries.

“Just before Christmas, I ended up with a flat tire and it didn’t cost me anything. When you have no money, you have to think of other ways to deal with an emergency.

“I’ve saved money on gas and electric by comparing prices, although there’s not much you can do to save money on that right now.

“I also saved by cutting off my broadband and used cashback sites for additional savings.”

Tracy was also able to reduce her debts by complaining to loan companies, including Provident and Amigo Loans.

She had complained to Provident about the amount she was repaying and had received an email from them just before Christmas telling her they were closing her account.

“I owed around £1,000 but it was interest – I had paid back what I had borrowed,” Tracy said.

“I had an Amigo loan with my ex-partner and I also complained to them and they changed what I owe from £1000 to £200.”

To help her out of a difficult situation when her washing machine broke down, Tracy sought cheaper loans and ended up borrowing from the charity-owned ethical lender Fair for You.

Fair For You helps people who don’t have access to regular credit to buy household essentials only with 3.5% interest per month.

Of course, you should really only borrow if you absolutely need to – but if you’re having trouble and there’s an emergency, always try to look for the cheapest options.

Some charities such as Turn2Us will help connect you with grants that can help pay for appliances and other furniture for free.

“My washing machine exploded and I was having a hard time at the time,” Tracy said.

“I paid Fair For You now. It was half the price compared to if I had stayed somewhere else like Brighthouse.”

Tracey says she has around £1,000 to pay off before she is fully debt free – but says she is relieved to finally see the light at the end of the tunnel.

She says her advice to anyone in debt is to not put your head in the sand and tackle your problems head on.

“If you have to, call the company you owe money to and explain your situation,” she said.

“Most companies will be able to offer you a refund plan and that will keep them away from you. This means that you also pay them something.

“You have to be realistic and budget properly – calculate how much you have and how much you can afford.

“I work overtime at my job, so I can pay off the rest of my debt quickly.”

How to Get Free Debt Help

Don’t suffer in silence if you’re in debt and really don’t know where to turn – seek free, professional advice.

Always be wary of companies that try to charge you for debt help, as you can get advice without paying a dime.

Contact one of the following organizations:

Read more

Read more

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Four million payday and home loan customers from Provident, Greenwood and Satsuma must request repayments NOW https://korsanizle.com/four-million-payday-and-home-loan-customers-from-provident-greenwood-and-satsuma-must-request-repayments-now/ Sat, 15 Jan 2022 07:00:00 +0000 https://korsanizle.com/four-million-payday-and-home-loan-customers-from-provident-greenwood-and-satsuma-must-request-repayments-now/ MORE than four million payday and home loan customers are being asked to request any repayments that may be owed to them. If you were mis-sold a loan by Provident, Greenwood, or Satsuma, you might be in line for compensation, even if you’ve already paid it back. 1 Provident, Greenwood and Satsuma customers receive small […]]]>

MORE than four million payday and home loan customers are being asked to request any repayments that may be owed to them.

If you were mis-sold a loan by Provident, Greenwood, or Satsuma, you might be in line for compensation, even if you’ve already paid it back.

1

Provident, Greenwood and Satsuma customers receive small payments as compensation

Some home loans from Provident and Greenwood, payday loans from Satsuma, and collateral loans from Glo were mis-sold to cash-strapped borrowers who couldn’t afford them.

Thousands of borrowers had their repayments written off late last year after Provident shut down its home loan business.

Now, lenders are offering payments under a borrower repayment program – even if they paid off their debts years ago.

Customers who mis-sold loans at unaffordable rates have just weeks left to claim a share of a £50million compensation pot.

The claims window closes at the end of February and it is best to apply as soon as possible.

Here’s what you need to know:

What compensation can I get?

You’re unlikely to get back as much as the company owes you, but it could still be hundreds.

And you may also have bad marks on your credit report.

Debt Camel blogger Sara Williams told The Sun: “The provident loans were only meant to be used for short-term borrowing – that’s why the interest rate was so high.

“But Provident did not do proper checks on borrowers. Hundreds of thousands of people have borrowed continuously from Provident for years.

“They have a good chance of having their ‘unaffordable loan’ application confirmed – even if they made all the repayments on time.

“If you win, you’ll get some of the interest you paid back – it’s worth applying.”

If you took out a loan from Provident, Satsuma, Greenwood or Glo between April 6, 2007 and December 17, 2020, you may be eligible for a refund.

How much you get back will depend on how much you borrowed and for how long, as well as how many other people are asking for repayment.

The money will be distributed after the redemption program closes at 5 p.m. on February 28, 2022.

Payment will not be immediate, however, as each claim will be assessed individually.

Where can I request my refund?

If you think you have received an unaffordable loan from Provident, Satsuma, Greenwood or Glo, visit scheme.providentpersonalcredit.com.

You can submit a complaint online or by calling 08000 568 936 – or you can download a form to submit.

Filing a complaint is free.

But beware of claims companies that say they’ll do this on your behalf, as they’ll take some of the money you recover – and it’s easy to do it yourself anyway.

You will need a Program ID to submit your application, which should have been emailed or mailed to you.

Call the number above if you don’t have it.

You won’t need your loan details to make the claim, Sara says, but you may need to show proof of defaults or county court judgments.

These will be on your credit report if it’s within the last six years.

It’s best to make a claim as soon as possible – just in case there is a problem submitting information close to the deadline.

What else should I keep in mind?

Sara also advises you to file a claim again if you have already been refused for a refund or accepted a small amount.

This is because lenders have dismissed too many complaints before.

Its claims guide also points out that you can make a claim if you paid the loan on time, in default, or if the loan was sold to a debt collector.

None of the four companies are currently lending to new customers.

If you are a former customer of The Money Shop, Payday UK or Payday Express, you could be compensated today (January 14) or Monday.

And if you think one of the still-operating lenders may have wrongfully sold you an unaffordable loan, here’s how to file an affordability complaint.

Martin Lewis issues holiday warning for Britons booking trips abroad

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Cap on payday loan rates is bad news for those who need it https://korsanizle.com/cap-on-payday-loan-rates-is-bad-news-for-those-who-need-it/ Thu, 13 Jan 2022 04:09:16 +0000 https://korsanizle.com/cap-on-payday-loan-rates-is-bad-news-for-those-who-need-it/ Kent Kaiser | The Detroit News Late last year, the so-called “Michiganders for Fair Lending” launched a ballot initiative that would do anything but make lending fairer in Michigan. They named this monstrosity the “Michigan Payday Loan Interest Rate Cap Initiative,” which would likely drive Michigan lenders out of business, hurting working-class Michigan residents. To […]]]>

Late last year, the so-called “Michiganders for Fair Lending” launched a ballot initiative that would do anything but make lending fairer in Michigan. They named this monstrosity the “Michigan Payday Loan Interest Rate Cap Initiative,” which would likely drive Michigan lenders out of business, hurting working-class Michigan residents.

To understand the harm this would cause, one must understand the people who use these products. Payday loans and other short-term loans are small parts of our financial system that help consumers who have seasonal income or do not have access to emergency funds, such as savings accounts, bank loans, home equity loans and 401(k) loans.

Without these resources in the event of a financial emergency, these “underbanked” consumers must resort to more expensive options such as payday or auto title loans, NSF check fees, or nonpayment. bills. Consumers find themselves in this position for a variety of reasons, but the underbanked are often young people, recent immigrants, single parents and minorities.

Many products available to underbanked consumers (including insufficient funds fees and short-term loans) are criticized for their high cost, in part because of their high annual percentage rates (APRs). The problem with APR is that NSF fees and payday loans don’t last a year.

When people take out these loans, their intention is to pay them back in days or weeks, not months and certainly not a year or more, so the very concept of judging them based on their annual percentage rate is not not only absurd, but it also hides the true cost of these products.

Think about it: if Aunt Ronda lends you $100 today and you pay her $101 tomorrow after your paycheck is paid, that would be a good deal for you, right? You could avoid overdrafting or bouncing checks. That $1 could save you hundreds in bank charges.

Not according to the Michigan group: According to their view, your affordable short-term loan carries an APR of 365%. Suddenly, sweet old Aunt Ronda is a loan shark.

We don’t need to guess what will happen in Michigan if this law passes: After Oregon passed a rate cap, bank overdraft fees and late bill payments increased while the overall financial situation of Oregon residents has declined.

In Georgia, a price cap led to higher rates of bankruptcy, bad checks and Federal Trade Commission complaints. And a 2018 World Bank study found that rate caps lead to negative side effects, including the loss of credit options for many underbanked consumers.

Michigan residents are right to think creatively about how to address the plight of consumers who are financially on the margins. Underbanked consumers earn less and save less, on average. However, the majority of these consumers are also happy with the products they use and use them responsibly.

Thus, a policy meant to “protect” a few irresponsible or unhappy consumers from themselves would likely harm many more consumers and drive them to use less affordable alternatives.

Short-term loans are an affordable and attractive form of credit in times of financial crisis. If you think Michigan residents should avoid pushing your neighbors into untenable financial situations, and you find a rate cap issue on the ballot next year, you should vote “no” on it.

And before that, if you are asked to sign a petition regarding a price cap, you must refuse the request.

Kent Kaiser is Secretary/Treasurer of the Domestic Policy Caucus, whose mission is to support transparent public conversations on critical policy issues at the local, state and federal levels, to educate voters on the issues that will have the greatest impact on their community, and support community members in their dialogue with elected officials on these critical policy issues.

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How mobile apps are helping the financial industry https://korsanizle.com/how-mobile-apps-are-helping-the-financial-industry/ Tue, 11 Jan 2022 17:35:42 +0000 https://korsanizle.com/how-mobile-apps-are-helping-the-financial-industry/ Mobile apps are changing the way people do their banking. The financial industry is now able to offer more services and information directly to customers without having to go through a branch. This article will explore how mobile apps have helped change the industry, as well as some downsides of this new technology. Loans and […]]]>

Mobile apps are changing the way people do their banking. The financial industry is now able to offer more services and information directly to customers without having to go through a branch. This article will explore how mobile apps have helped change the industry, as well as some downsides of this new technology.

Loans and payments

The financial industry has been able to provide more services to customers using mobile applications, including loans and payments. Prior to the introduction of these programs, this information should have been sent through a branch. Now people can get their loan approved in minutes on their phone or tablet. This convenience can make applying for a loan much easier, as clients can handle the process at their own pace. If you are looking for a loan, Loanpig offers fast payday loans for any emergency for sudden expense. In addition to loans, customers can also make payments through their mobile app. This can include bills, rent, and other regular expenses. Instead of having to write a check or withdraw money from an ATM, customers can now pay for these expenses directly from their phones. This makes it easy for customers to track their spending, instead of having all receipts cluttering up a dresser or wallet.

Monitoring of investments

Mobile apps are also benefiting the financial industry by giving investors more tracking options. Using an app, clients can now track their portfolios and see their performance in real time. It can help people make better investment choices because they will have a better idea of ​​what is going on with their money. Additionally, some apps will notify customers when there is a change in the market so they can react quickly. This can be useful for people who are unable to constantly check their investments throughout the day. These types of apps can also help people save by providing suggestions on how much they should save, given their income and spending habits.

Fraud prevention

One of the biggest concerns in the financial industry is fraud. Unfortunately, criminals are always looking for new ways to steal money from innocent people. This is why mobile apps have become an important tool for banks and other businesses. By using a mobile app, customers can now easily verify their identity during a transaction. This is to prevent any unauthorized purchase or transfer of money, which can occur when someone uses your personal information. By forcing users to go through a verification process before making any transaction, banks can protect their customers and prevent them from losing their identity or their funds.

Best customer service

All of these advantages have made it easier for banks and other financial institutions to provide better customer service. By using mobile apps, many businesses can be more accessible to their customers so that they can answer any questions or handle issues as quickly as possible. It also saves the business money by reducing the need for additional customer service staff. In addition, mobile applications can be used to provide customers with advice and useful information about their accounts or the industry in general. It can help people better understand what is going on with their money and how they can improve their financial situation.

How mobile apps are helping the financial industry

In conclusion, mobile apps are a great way for the financial industry to stay ahead of the competition. Mobile apps have been around for several years now and they’re not going anywhere. Companies that don’t take advantage of what these powerful tools can offer will be left behind in this highly competitive industry.

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OnlyFans courts beauty content creators https://korsanizle.com/onlyfans-courts-beauty-content-creators/ Tue, 29 Jun 2021 07:00:00 +0000 https://korsanizle.com/onlyfans-courts-beauty-content-creators/ OnlyFans tries to get out of his sexy box. The 5-year-old social media platform burst into the mainstream in 2020 as people sought to compensate for a sudden loss of income due to Covid-19 and pushed to consume more digital entertainment. But it also gained popularity during a crucial inflection point in the creator economy […]]]>

OnlyFans tries to get out of his sexy box.

The 5-year-old social media platform burst into the mainstream in 2020 as people sought to compensate for a sudden loss of income due to Covid-19 and pushed to consume more digital entertainment. But it also gained popularity during a crucial inflection point in the creator economy and is now trying to capitalize on that rapid growth by expanding beyond what it’s best known for: porn. . A booming area of ​​the OnlyFans ecosystem seems to be beauty content, which has proven popular on other major social networks like Facebook, Instagram, Pinterest, and TikTok.

Gabi Mrugala, whose nickname is GroovyGabs, joined OnlyFans in November 2020 after a friend who creates fashion content on OnlyFans suggested it. Prior to OnlyFans, Mrugala worked behind the scenes in the film industry looking to build an audience for her self-help wellness content. She said she liked her videos and photos on OnlyFans to be less polished than the ones on Instagram while gaining traction. She currently has 23,000 subscribers on OnlyFans, but declined to share her monthly income.

A creator can choose to charge a monthly subscription fee of up to $ 50 for people to follow. They can also charge people to send them direct messages and to view specific posts or photos. And, of course, they can receive unsolicited monetary tips. OnlyFans takes a 20% commission. Subscribing to GroovyGabs is free, but Mrugala monetizes through direct message tips and gratuities. She also has an Amazon wishlist for flowers.

“I choose to stay as a full-fledged content creator because I am fulfilling my goal by helping other people,” Mrugala said. “[OnlyFans] is a place where you can be more personal and more yourself. A lot of people prefer to wear full makeup on Instagram – there’s nothing wrong with that. But on OnlyFans it looks like a lot of people will support you regardless of [whether you’re made-up]. “

OnlyFans works differently from most social media sites, but it was intentionally designed not to become a user’s only social site, said Ami Gan, chief communications officer for OnlyFans. For example, the ability to find a specific person to follow is not possible, although there are some suggestions of who to follow based on who OnlyFans wants to promote. Also, when someone joins OnlyFans, they don’t select the type of content they want to see or follow, which cancels OnlyFans as a discovery platform. Gan declined to share the percentage of adult content, but the creators aren’t categorized either.

“OnlyFans is a complement to someone’s existing social media. You can complete your OnlyFans profile by swiping up on Instagram or by sharing that you’ve started an OnlyFans and drive traffic that way, ”Gan said.

In the past, especially in the music industry of the 90s, artists who sought to capitalize on their notoriety to earn more money were seen as “sellers” who undermined their artistic integrity. Nirvana’s Kurt Cobain was accused of having sold, while the Beasty Boys have a lifetime policy of never allowing their music for commercials. But, fast forward to 2021, and content creators are not only more willing to solicit brand deals or direct payments from subscribers, but, to some extent, they are being applauded for doing so by their subscribers.

Now, just as OnlyFans helped disrupt the economics of creators and the attitude towards paid content creators, it is now looking to disrupt its own reputation. According to Bloomberg, OnlyFans is seeking outside capital at a valuation of $ 1 billion and to become more of a “mainstream media platform” rather than a place for porn. Co-owner Leonid Radvinsky, which owns 75% of OnlyFans, has come under scrutiny for questionable business practices in the past. For OnlyFans, sex sells itself until it doesn’t. In December 2020, OnlyFans launched OF.TV, which offers broader lifestyle content on topics such as meditation, cooking, music, and comedy. Mrugala and Alyssa Olson, whose username is BodyPosiStylist, were invited by OnlyFans to post on OF.TV for free, in exchange for promoting their account. Both said the exposure drastically increased their subscribers.

“We have a reputation for having sexy content, which we don’t mind. His intention in 2016 [when OnlyFans launched] was always for all types of content creators of all genres, ”Gan said.

She said that due to the company’s “liberal content policies”, adult content has flourished. But, in 2019, there were a variety of content creators, including from the music industry and the lifestyle space. Celebrities like singers Cardi B and Aaron Carter, as well as actress Bella Thorne, all joined OnlyFans, making her even better known. Gan said OnlyFans has 130 million users and 1 million content creators, although only 300 creators made $ 1 million from the platform.

But as The New York Times reported in May, even the non-adult content comes with a nod and nudge that hints at the origins of the platform. When designer Rebecca Minkoff started her OnlyFans profile in February, a locked post said, “This is what we don’t show you,” followed by a flirtatious wide-eyed, red-cheeked emoji.

This barrage of sexual associations on and with OnlyFans can create barriers for content creators. Mrugala said she does not promote her OnlyFans account through her other social profiles and does not publicly tell people that she has an OnlyFans as she is waiting for the stigma of the association to go away.

“It is changing rapidly. [Soon] I will feel more confident in sharing [I am on] OnlyFans with others. I don’t really care what other people think, but I want the stigma to go away, ”she said.

Meanwhile, Olson posts a mix of hairstyle tutorials and body positivity photos. She said she appreciates the opportunity to post content that covers genres. Olson has been in the beauty industry for 11 years, working in cosmetology and hairstyling, and started her OnlyFans account in October 2020. She described the response from OnlyFans subscribers as “day and night”, compared to d ‘other social channels like Instagram. She has 50,000 followers and has received between $ 1,500 and $ 15,000 in monthly income, while her Instagram presence has roughly 1,000 people. Olson monetizes by selling unsolicited lingerie photos and tips, and sometimes charges for direct messages when she’s late and has hundreds to answer.

“I was excited about OnlyFans because I had my personal Instagram [for body positivity] and my Instagram business [for hair styling] but I could never merge those two things together, ”Olson said. “I’m looking to make a name for myself as an influencer. People no longer work for free, especially after the pandemic. You can go and enjoy my content on Instagram for free if you want, but you can see a lot more and see more in depth [content] if you are willing to pay $ 5.

]]> When is it pretty much always a bad idea to borrow money? https://korsanizle.com/when-is-it-pretty-much-always-a-bad-idea-to-borrow-money/ Tue, 09 Mar 2021 11:35:01 +0000 https://korsanizle.com/when-is-it-pretty-much-always-a-bad-idea-to-borrow-money/ NEW YORK (Main Street) – The average American household in debt has over $ 15,000 in credit card debt as of June 2015. The total shared debt of all Americans is over $ 11 trillion, up 1.7 trillion dollars % compared to last year. With so much debt, it’s important to be careful before adding […]]]>

NEW YORK (Main Street) – The average American household in debt has over $ 15,000 in credit card debt as of June 2015. The total shared debt of all Americans is over $ 11 trillion, up 1.7 trillion dollars % compared to last year. With so much debt, it’s important to be careful before adding new debt to your share of the burden. And there are definitely times when it’s right never a good idea to get into more debt. So when you absolutely, positively should never To borrow money?

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Instant pay apps give you quick access to wages – but there’s a catch https://korsanizle.com/instant-pay-apps-give-you-quick-access-to-wages-but-theres-a-catch/ Tue, 09 Mar 2021 11:35:00 +0000 https://korsanizle.com/instant-pay-apps-give-you-quick-access-to-wages-but-theres-a-catch/ Sure, birthdays and holidays are great, but if you live from paycheck to paycheck, paydays are one of the things to do. the happiest days of the year. While many employees wait from a week to a month to get the money from their business owes them, new apps from fintech startups like DailyPay, FlexWage […]]]>

Sure, birthdays and holidays are great, but if you live from paycheck to paycheck, paydays are one of the things to do. the happiest days of the year. While many employees wait from a week to a month to get the money from their business owes them, new apps from fintech startups like DailyPay, FlexWage and PayActiv are bringing workers to places like Goodwill, McDonald’s and Uber faster access to wages – sometimes even on the same day they counted their hours.

With traditional pay cycles, “people put in for hours, but the money is not accessible to them,” Safwan Shah, CEO of the payment app PayActiv, said in a telephone interview. “Having small amounts of money helps them manage their daily lives better. It reduces their stress and they make better decisions.

Sounds good, doesn’t it? Advocates like Shah argue that faster access to wages can motivate hourly workers to work longer hours (since they will reap the rewards faster) and may reduce their recourse to abuse payday loans with exorbitant interest rates that can leave borrowers in a bind debt cycle. That’s because taking out a single $ 100 payday loan for two weeks could eat up over $ 130 on your next paycheck, once you factor in interest and fees. Repeat this every two weeks and you lose hundreds of dollars for the year – the equivalent of a full tank. month’s rent for many.

Yet even as same-day payment apps take off – Instant Financial reports that more than 175,000 employees at more than 60 companies are currently using their Instant service – there are also concerns that the apps are encouraging people to spend too much, leaving them with insufficient funds for basic expenses like rent and car payment.

“To think that they are some sort of magic solution is a mistake. Or to think that they won’t create their own new problems is also a mistake, ”John Thompson, senior vice president of the nonprofit Center for Financial Services Innovation, said in a telephone interview.

Here’s what you need to know about this new class of paid apps – and the main pros and cons of using them.

How instant payment apps work

The wait until payday can be very long if you’re only paid a few times a month, especially if you’re one of the three in four Americans who report living paycheck to paycheck in 2016.

And although the highest paid employees are more likely to have the means to make ends meet until their next direct deposit, for example by using credit card or even loan friends or family – when you are a minimum wage hardworking, your only option for getting quick cash might be payday loans with high interest rates. Part-time workers can face similar hurdles in paying their bills if their hours vary so much that they receive a surprisingly light pay right before to rent is due, for example.

The new generation of instant payment apps aims to give you access to your pay as close as possible to when you earn it. “For the employee, it’s about helping them manage their cash flow elegantly and profitably,” Frank Dombroski, CEO of FlexWage, said in a telephone interview.

Each service works a little differently. With DailyPay – which is used by hourly workers at DoorDash delivery service, Maids residential cleaning service, and facilities management company Kellermeyer Bergensons Services – employees can access 100% of their accrued and unpaid net wages for a fee. fees of $ 1 to $ 3 per transaction. The money can be deposited directly into their bank account or put on a prepaid card or payroll card on the same day. “You can get it instantly, every day,” Jason Lee, CEO of DailyPay, said in a telephone interview.

At Maids, which has some 150 locations across the country, around 250 workers use the service, said employee experience manager Zara Black. The average withdrawal is $ 65, which workers often use for bills and unforeseen emergencies like a flat tire or repairing their roof. Workers typically withdraw funds once or twice a week.

“The employees love it. It’s a great recruiting tool, ”said Black, who added that most team workers are full-time employees working 35 hours a week and are given a week of paid leave after their first year. (Any additional leave is unpaid.)

Another app called Earnin allows workers to withdraw up to $ 100 per day and $ 500 per pay period before receiving their regular paycheck. Although it does not charge any fees, it gives workers the ability to “tip. “The service then withdraws the funds directly from your current account after being paid.

Other instant payment apps give workers more limited access to their funds or charge higher fees. FlexWage, for example, only allows workers to receive up to 70% of their unpaid wages between regular paychecks (for a fee of $ 3 to $ 5 per transaction). PayActiv gives them access to 50% of their take-home pay for every 30 hours worked for a fee of $ 5.

And Instant Financial allows employees to withdraw half of their daily take-home pay every day at no cost: instead, they charge employers $ 1 per month per employee enrolled in the program.

What are the advantages of instant payment apps?

Employers love instant payment apps because they say it helps reduce absenteeism. Rebecca Kyeretwie, manager of a McDonald’s in Tampa, told the the Wall Street newspaper that she previously had to find replacements to cover about 10 hours a week when others did not come to work, but now that employees can be paid straight away, “people are begging to come to work now.” (Hourly workers generally receive little to no sickness or vacation pay, with some exceptions, so if they miss a job because of the flu, they don’t get paid.)

Likewise, DailyPay reports that 73% of its users say they are more motivated to work because of the app, Lee said. The company also polled its users on the use of the funds and found that 94% use it to pay rent, cell phone bills, or utility bills.

Getting early access to your payroll can save you money when the alternative is to pay $ 33 overdraft fees because you are missing $ 10 to cover your gas bill, or worse, take out a payday loan, which often has an average annual interest rate of more than 300%. Since you have already earned the money, this is not a loan and you never have to pay interest, although some instant payment services charge a one-time and small fee to send the funds to you before. on payday.

There is also academic research supporting the applications. A 2017 working paper by Todd Baker, senior researcher at the Mossavar-Rahmani Center for Business & Government at Harvard Kennedy School, found that FinTech products, including FlexWage and Pay Activ, “deliver financial benefits to employers through reduced employee financial stress, improved employee engagement and satisfaction, decreased employee turnover and absenteeism rate ”.

Another document from American Institute of Economic Research came to similar conclusions, noting that instant payment apps like PayActiv are “an advantage that makes working in their business more attractive.”

What are the disadvantages of instant payment apps?

Receiving your salary immediately after you earn it may seem perfectly fair and reasonable, but it can also put you in financial difficulty. Hot water if you don’t plan your spending for the month.

Specifically, having access to your payroll earlier could cause you to spend more than you planned, leaving you short at the end of the month for essential bills like rent, student loans or utilities.

Hardee shift supervisor Barbie Roland told the the Wall Street newspaper, for example, that her bi-weekly salary increased from $ 900 to $ 500 when she started using the Instant Financial app. “I said to myself: did I really insist on accepting that many times? “

This kind of mindless spending is what worries consumer advocates. “It’s cheaper than a payday loan, but I’m afraid people will get into the habit of spending their paychecks early and end up paying to access their paycheck on a regular basis,” said Lauren Saunders, associate director at National Consumer Law Center. Nerdwallet.

And while it makes sense to get your paycheck as soon as you earn it, “in a way, employers actually help you save money by only paying you at the end of the month,” said Jonathan Morduch, professor of economics at New York University. Newspaper.

Just as credit cards can make you spend money that you don’t have, seeing a high balance on your debit card or checking account can make you use money that you are better off. put in a emergency fund, savings account or pension plan.

The genius of many 401 (k) s, for example, is that they invest a small portion of your income before you even see them. Research indicates that when contributions to such schemes are Automatique, workers save more than three times as much as when they don’t. (Better yet, the money you invest decreases your taxable income, which can also put you in a lower tax bracket.) And given that most Americans don’t save enough for retirement, any behavioral boost to get us there can only help.

Saving for your golden years can seem like a luxury when you barely earn enough to cover basic necessities, as is the case with many low-paid and hourly workers who use instant pay apps. But even setting aside $ 100 a month at an annual interest rate of 5%, you’ll get around $ 15,000 in 10 years – or more than $ 150,000 in 40.

At the very least, workers who receive a salary before their regular pay cycle should consider creating a budget this helps them understand how collecting early to cover a bill will affect their ability to pay others in the end – as should anyone who wants to stay on top of their game. finances.

Sign up for payment – your weekly crash course on how to live your best financial life.

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