Debt – Slave To The System http://slavetothesystem.com/ Sat, 11 Sep 2021 22:54:37 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 http://slavetothesystem.com/wp-content/uploads/2021/04/slave-to-the-system-icon-150x150.png Debt – Slave To The System http://slavetothesystem.com/ 32 32 Limitless Tire Saves Customers 12 Months of Payments with No Credit Check Financing http://slavetothesystem.com/limitless-tire-saves-customers-12-months-of-payments-with-no-credit-check-financing/ Fri, 10 Sep 2021 20:56:07 +0000 http://slavetothesystem.com/limitless-tire-saves-customers-12-months-of-payments-with-no-credit-check-financing/

News and research before you hear about it on CNBC and others. Claim your 1-week free trial for StreetInsider Premium here.


Toronto, Ontario – (Newsfile Corp. – September 10, 2021) – Limitless Tire offers rim and tire financing anywhere in Ontario without any credit checks or down payments. Now you can get tires, custom wheels, full car wraps, lowering / raising vehicle suspensions and more without having to worry about it affecting your credit score. Low credit scores, new credit scores and bankruptcy are no longer a problem.

“Unfortunately, this industry thrives by taking advantage of the customer,” said Faisal Mohammad, vice president of operations at Limitless Tire. “We’re here to change that. We’ve partnered with several financial institutions to make sure customers receive the lowest monthly payment options.” Limitless Tire is one of the largest wheel and tire retailers in Canada and has been endorsed by several well-known Canadian personalities including Superfan Nav Bhatia, Drake OVOROXX’s personal trainer, rapper / philanthropist Kardinal Offishall and personality from the morning talk show Azalea Hart.

Limitless Tire has always offered options to customers that are not available in the mass market. They continue to follow this model by further exploring and creating options that will make it easier for consumers to purchase automotive products, including tires and rims. For this reason, Limitless Tire is also growing rapidly with the opening of several locations each year since 2018.

Automakers produce millions of cars every year, and many people want to make their vehicle unique and different by modifying and changing the vehicle as they see fit. Unfortunately, it is not within the capacity of every person to be able to afford these changes. Limitless Tire makes it all possible by offering unique financing services that make it easy for customers to make their dreams come true without having to worry about breaking the bank.

Can’t see this video? Visit:
https://www.youtube.com/watch?v=3Abj3ByxCLA

About Limitless Tires:

With over 10 years in business and over 40,000 satisfied customers, Limitless Tire has become one of the most popular names in the wheel and tire industry. Our staff have extensive experience in tires and wheels, which makes problem solving very easy and helps customers meet even the most unique requests.

For more information, please visit www.limitlesstire.com

Contact :
Safer Qureshi
VP Investor Relations
416-825-4620

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/96179

Source link

]]>
Loans Without Credit Checks: Why Avoid Them & What To Do Instead http://slavetothesystem.com/loans-without-credit-checks-why-avoid-them-what-to-do-instead/ Wed, 01 Sep 2021 16:39:46 +0000 http://slavetothesystem.com/loans-without-credit-checks-why-avoid-them-what-to-do-instead/

Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are ours.

Borrowing money is not out of the question when you have bad credit, but loans without a credit check are expensive and can trap you in a cycle of debt. (iStock)

If you need money for an unexpected expense but your credit isn’t good enough to qualify for a traditional loan, you might think a loan without a credit check is a good idea. While it is not out of the question to borrow money when you have a bad credit history, products without a credit check come with outrageous fees and should only be considered as a last resort.

Let’s take a look at how loans without a credit check work, why you should avoid them, and some borrowing alternatives when you have a low or low credit history.

What Are No Credit Check Loans?

With a loan without a credit check, the lender don’t check your credit report and score before deciding to grant yourself a loan. To offset the risk of lending money to borrowers with potentially poor credit histories, lenders without a credit check charge high interest rates and fees.

You may come across different types of loans without a credit check, such as payday loans, title loans, and personal installment loans.

Why Do Lenders Check Your Credit?

Your credit report and score help lenders understand how you have handled your credit in the past and estimate the likelihood of you paying off a new loan. For this reason, it is common to undergo a credit check when completing a loan application. Lenders don’t look for a perfect credit report, but they look for a history of missed payments, debt collection, or a bunch of recent credit inquiries. Have a lower credit score can affect the types of rates and terms offered to you and may even prevent you from getting a loan.

If you need a loan, Credible allows you to compare personal loan rates to see what you may be entitled to.

How Do Loans Without Credit Check Work?

Most reputable personal lenders will examine your credit before agreeing to give you a loan. The types of lenders who won’t check your credit before giving you a loan often include payday lender stores, securities lending stores, pawn shops, and online lenders.

To compensate for the omission of a credit check, these lenders typically charge high interest rates and fees. Even if you don’t have to go through a credit check, you will still need to prove your identity and sources of income.

Keep in mind that most lenders without credit checks make no effort to ensure that you will be financially able to pay off your loan on time. This is how a few different loans work without a credit check.

  • Payday loans – After being approved for this little one, short term loan, you will receive your funds in the form of cash, a check or a direct deposit into your bank account. You must repay your loan – plus any fees or finance charges – before the due date, which is usually before your next paycheck, or within 14 days. Funding fees are generally based on the loan amount, and payday loans have a fee equivalent to an APR of 400% or more, depending on the Consumer Financial Protection Bureau. To apply for it, all you will probably need to do is share your ID, have a bank account, and prove that you have a regular salary.
  • Securities lending – With a car loan, instead of having a credit check, you’ll use your vehicle title deed as collateral to give the lender the assurance that you will repay your loan. You can apply for a title loan in the physical or online store of a title lender. Title loans generally vary between 25% and 50% of the value of the car. To qualify, you must own the entire car – it cannot currently be financed by a lender. You will need to bring your vehicle, title, photo ID, and proof of insurance to the title lending store to receive the loan. Be careful here – once you sign the contract, you have to pay the loan fees and interest in full, as the lender retains title to your car until you pay off your debt. You also risk the lender repossessing your car if you don’t pay off your loan on time. In many states, securities lending is actually illegal.
  • Pawn shops – In some cases, pawn shops can be cheaper than payday loans, but you risk losing the item you are pledging or paying a fee to extend your repayment term. Pawn shops accept items as collateral and in return provide a short-term loan that is equal to a certain percentage of the item’s value. If you repay the loan with interest within the repayment period, you will get your pledged property back. If you cannot repay the loan, the pawnshop will try to sell your item for a profit.
  • Personal installment loans – A personal installment loan is a loan that you repay in installments or regular installments. You can pay interest on every payment, and once you’ve paid off the loan in full, your account will be closed for good.

Credible allows you to compare personal loan rates from multiple lenders in one place.

Why are Loans Without a Credit Check Usually a Bad Idea?

Loans without a credit check are extremely expensive. The average two-week payday loan has a fee of $ 15 for every $ 100 borrowed, which equates to an APR of almost 400%. A credit card, on the other hand, typically has an APR ranging from 12% to 30%.

Payday loans are considered a predatory type of loan because lenders usually make no effort to ensure that you can actually repay the loan. So, if you are already having financial difficulties, one of these loans can actually make your situation worse. Payday lenders don’t consider your other financial obligations when deciding how much to lend, which can cause you to munch on more than you can chew.

Some types of loans without a credit check actually turn into a new loan, unless you pay them off in full on a set date. When this happens, interest continues to accumulate and you can take on more debt. It can take years to get out of what you thought was short term debt. Some lenders may add – and charge you for – other products that you don’t need, which can further increase the cost of the loan.

What Are the Risks of a Loan Without a Credit Check?

Due to their high fees and interest rates, paying off a loan without a credit check can easily go wrong. Let’s take a look at how the super high APR of a payday loan can add up to using a credit card (which is also considered a high interest form of loan, but much cheaper than a payday loan) with a 30 day term.

Payday loan

  • Amount of the loan: $ 500
  • APR: 399%
  • Repayment period: 30 days
  • Amount: $ 663.97

Credit card

  • Amount of the loan: $ 500
  • APR: 36%
  • Repayment period: 30 days
  • Amount: $ 514.79

These examples make it easy to understand how taking out a payday loan puts you at risk of increasing your debt, worsening your financial situation, further deteriorating your credit or, in the case of a title loan, loss of part of your property. Of course, it should be noted that the credit card is more beneficial when you pay off the debt in one statement cycle. If you don’t pay within 30 days, interest will continue to accrue on the credit card balance.

Alternatives to loans without a credit check

Loans without a credit check are not the only way to get money when you need it. If you have poor credit, here are some options that can give you financial support without fees or sky-high interest rates.

Personal loans for bad credit

A bad credit is a type of personal loan designed for those with bad credit. You will borrow money from a lender and pay it back over a set period.

What it costs: Has higher interest rates than traditional personal loans, but better rates than a payday loan

How to get it: Through some personal lenders

Who could it be best for: Those with credit below

Loan from family or friends

If you have a friend or relative who is willing to help you out, you may be able to get a loan from them. You can create a formal agreement to make the loan more formal and avoid confusion.

What it costs: It depends on whether the friend or relative wants to charge you interest or fees. In many cases, a loan from a loved one is interest free.

How to get it: Ask for financial help from a friend or relative.

Who could it be best for: Someone who is reliable and has a strong relationship that will not be damaged by borrowing money

Credit union loan

An alternative payday loan, or PAL, is a type of personal loan that can only be taken out at a credit union. Credit union loans may be easier to apply for, and if you don’t qualify, the credit union can work with you to help you become more eligible for a loan.

What it costs: Loans from credit unions are often less expensive than loans from for-profit financial institutions.

How to get it: Apply for a personal loan from your credit union (note that you will usually need to be a member of the credit union for at least a month before you can be eligible for a loan).

Who could it be best for: Members of credit unions

If you are looking for an alternative to a loan without a credit check, compare the personal loan rates using Credible.

Source link

]]>
Digital tools can protect consumers from inflation. Here’s how – The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology http://slavetothesystem.com/digital-tools-can-protect-consumers-from-inflation-heres-how-the-european-sting-critical-news-insights-on-european-politics-economy-foreign-affairs-business-technology/ Wed, 25 Aug 2021 11:00:00 +0000 http://slavetothesystem.com/digital-tools-can-protect-consumers-from-inflation-heres-how-the-european-sting-critical-news-insights-on-european-politics-economy-foreign-affairs-business-technology/
(Credit: Unsplash)

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.

Author: Eric Sager, COO, Plaid


  • Inflation rises in the United States after many years, making it more difficult for millions of Americans to purchase consumer items.
  • The expansion of fintech has made it easier for consumers to access banking services that can help them during times of high inflation.
  • Digital banking tools enable financial inclusion and empower consumers.

A visit to the grocery store confirms an economic phenomenon that concerns households across the United States and just about every investor in the world: Inflation is back after a long hiatus.

The latest data shows that consumer prices rose in July at the fastest rate in nearly 13 years, making it harder for millions of Americans to feed their families and manage a household. Inflation also hurts those who do not have a bank account or have limited access to financial services, as their cash savings lose value and they pay higher interest when looking for loans.

Hopefully even if inflation does not reach the double digits of the 1970s and 1980s, this should reassure that our digital economy offers consumers products that past generations did not have. After all, the expansion of fintech is making it easier for consumers to access banking services that can help during inflation, such as savings accounts, loan services, and investment tools.

Benefits of digital banking

For consumers earning less than $ 100,000 per year, fintech saves them $ 360 per year in interest and bank charges, according to research carried out by the Harris poll. Online banking services such as Dave, Carillon, Varo and Go2Bank help by offering products at low cost and sometimes at no cost and quick access to salaries to avoid possible overdraft fees. Many of these same digital banks provide secure credit cards that bear no interest, no annual fees, and require no credit checks to apply. This gives consumers another way to get credit, which can improve access to cheaper loans.

Other fintech companies give clients tools to manage their money when finances are tight. Products such as Truebill and Co-pilot make it easier to track expenses and reduce bills by monitoring subscriptions and other payments. Fintech is also helping people build better financial habits – apps like Tassels helped develop a way to build savings by rounding off transactions and depositing that money into savings accounts. During this time, Flex allows customers to split rent payments into smaller installments throughout the month, allowing them to manage their money across multiple paychecks and avoid fees and charges.

The pandemic has increased awareness of these digital services as people opted for online banking and looked for new ways to make ends meet; Studies show 59% of Americans are using more fintech apps to manage their money than ever before COVID-19[FEMALE[FEMININE

Picture: Plaid.

The future of the banking sector

The influx of customers in turn forces the FinTech industry to continue to adapt, improve and grow. Consumer expectations are very high due to the new and improved options, accelerating the speed of innovation as businesses compete against each other to meet these demands. Traditional banks are joining and adding digital services, while integrated finance enables non-financial businesses to deliver financial services in new ways, when they need them.

It’s hard to overstate the importance of expanding the reach of a highly competitive banking industry. Even in arguably the most financially developed nation on the planet, one in five Americans are unbanked or do not have access to competitive banking services, making them vulnerable to excessive fees. In fact, consumers living on paycheck after paycheck paid big banks $ 17 billion in overdraft fees in 2019, according to a report by Oliver Wyman.

The problem came to the fore during the early days of COVID-19, when many minority-owned businesses Without established relationships with the major banks, it was more difficult to access government funding under the Paycheck Protection Program. Fintech companies have been successful in tackling this problem head-on because they adapt quickly and have no geographic boundaries. Minority entrepreneurs have been able to connect and tap into sources of capital that were once denied to them. According to a to study fintechs made more than 845,000 PPP loans last year, with a “much larger” share going to African-American-owned companies than US-owned firms, according to researchers at New York University. traditional lenders. bank, blockchain

What is the Forum doing to improve the global banking system?

The World Economic Forum Center for the Fourth Industrial Revolution Network has built a global community of central banks, international organizations and leading blockchain experts to identify and leverage innovations in distributed ledger (DLT) technologies that could help usher in a new era for the global banking system.

We are now helping central banks create, pilot and scale innovative policy frameworks to guide DLT implementation, with a focus on central bank digital currencies (CBDCs). DLT has far-reaching implications for the financial and monetary systems of tomorrow, but decisions about its use require the contribution of several sectors in order to realize the full potential of the technology.

“Over the next four years, we should expect to see many central banks decide whether they will use blockchain and distributed ledger technologies to improve their processes and their economic well-being. Given the systemic importance of central bank processes and the relative freshness of blockchain technology, banks should carefully consider all known and unknown risks associated with implementation. “
—Ashley Lannquist, Blockchain and Digital Assets Platform, World Economic Forum

The Our Central Banks in the Age of Blockchain community is an initiative of the Platform to shape the future of technological governance: blockchain and digital assets.

Learn more about our impact, and find out how you can join this one-of-a-kind initiative.

As fintech grows, this more connected and digital financial landscape will offer customers new experiences with minimal integration, lowering the barrier for developers and businesses to push new, highly personalized innovations to meet everyone’s changing needs. This digital transformation will also bring greater inclusion and lower costs for traditionally underserved people. From a provider’s perspective, it will become cheaper and less risky to serve a larger population.

Just as they did at the start of the PPP in 2020, fintechs, along with banks and businesses embracing integrated finance, need to adapt more and help the most vulnerable if faster inflation or other shocks occur. economic settlements. They can help reduce the number of unbanked people in the country, by empowering people in a way that softens the shock of consumer price increases, when they do their banking from their phones or even banks. library computers.

The next few years will undoubtedly see more radical transformations in our industry that we cannot yet envision, and it is no exaggeration to say that a fully digital financial system is possible over the next decade. This means that the financial world people want and need will finally be within reach.


Source link

]]>
4 ways businesses can avoid loan scams and predatory lenders http://slavetothesystem.com/4-ways-businesses-can-avoid-loan-scams-and-predatory-lenders/ Sat, 21 Aug 2021 10:52:30 +0000 http://slavetothesystem.com/4-ways-businesses-can-avoid-loan-scams-and-predatory-lenders/

“Secured loan approval; receive funds within 24 hours. “No credit check; interest rate starts at 0%; only a low application fee is required.” These statements may sound good enough to a small business owner who is in desperate need of capital.

But, as the old saying goes, “if something sounds too good to be true, it probably is,” says Carolina Martinez, CEO of CAMEO, the statewide microenterprise network. from California. Just because it’s the most common attractive solution you hear doesn’t mean it’s the right solution, she says.

Many small businesses are still recovering from the financial impact of the COVID-19 pandemic, and with the end of the paycheck protection program and bank loan approvals below 20%, scammers and predatory lenders are taking the opportunity to move into companies that are looking for financing.

Protect yourself from potential bad actors and find legitimate capital for your business with these four tips.

1. BEWARE OF SPEED

Speed ​​isn’t always better when looking for business financing. “Beware of quick selling,” says Tom McHale, president of Pursuit, a community lender operating in New Jersey, New York and Pennsylvania.

While some online lenders are great at being quick, predatory lenders can rush you through the loan process to push you into an expensive product without fully understanding the terms.

“You’re going to pay much higher rates and fees for this money than for traditional financing which might take a little longer,” McHale said.

He recommends that businesses look for lenders that allow them to speak directly to a representative – rather than just a bot or live chat – so you can ask questions and understand the terms and conditions of the loan.

And if a lender is unwilling to show you the terms and rates of the loan in advance, that’s a red flag.

2. NEVER PAY MONEY IN ADVANCE

“Don’t pay money up front to be able to get a loan,” says Frank LaMonaca, president of the Southeastern Connecticut chapter of SCORE, a network of volunteer mentors that supports small businesses across the board. country. “You should never have to do this.”

A reputable online lender will not charge any fees unless you are approved for a loan. If a lender wants money just to watch your claim, that’s a dead giveaway, says La Monaca.

“No one should be asking you $ 2,500 to apply for a loan. You should be able to apply for free, ”he says.

Likewise, don’t trust emails that appear to come from government agencies asking for personal information like your social security number, requesting an upfront payment, or guaranteeing loan approval. The US Small Business Administration recommends being on the lookout for these phishing scams, as well as other types of grant and loan frauds, especially those related to COVID-19 relief aid.

3. EXPLORE ALL YOUR LOAN OPTIONS

Businesses may have more financing options than they realize.

Understand your power in the market, says LaMonaca. There are a variety of loan programs to choose from, including those aimed at specific types of businesses, such as women-owned businesses, minority-owned businesses, and veteran-owned businesses.

Community development financial institutions, known as CDFI, nonprofit lenders, and reliable online financial services companies can offer loans at affordable rates and on competitive terms, even for new or new businesses. who cannot claim bank financing.

Some of these lenders, like CDFIs, can help businesses burdened with predatory loans refinance into better products, Martinez says.

You can search for local CDFIs on the SBA website, as well as through organizations like Opportunity Finance Network, the national association of CDFIs. Reading reviews and referring to resources like the Small Business Borrower Bill of Rights can also help you find reliable lenders online.

4. SURROUND YOURSELF WITH GOOD EXPERTS

If you don’t know how to find the right financing for your business, or want to make sure you’re not signing a bad deal, turn to the experts. You can work with an accountant, lawyer, or other financial expert to help you through the process and even to review your loan application and agreement.

The majority of CDFIs come with a full support ecosystem to help small businesses assess their financial position, business models and strategies, as well as access capital, says Martinez.

In addition, organizations such as SCORE and the Small Business Development Centers administered by the SBA offer free business advisory services. You can search their websites to find experts in your area to work with your business and browse for additional online resources.

LaMonaca emphasizes the importance of building a team and nurturing relationships to help you run your business – the best business owners don’t go it alone. “The best have great people around them,” he says.

This article was provided to The Associated Press by the NerdWallet personal finance website. Randa Kriss is a writer at NerdWallet. Email: rkriss@nerdwallet.com.

Source link

]]>
Analysis: Afghan Taliban have influential friend in China | Tom Roeder | Military http://slavetothesystem.com/analysis-afghan-taliban-have-influential-friend-in-china-tom-roeder-military/ Wed, 18 Aug 2021 19:14:45 +0000 http://slavetothesystem.com/analysis-afghan-taliban-have-influential-friend-in-china-tom-roeder-military/

The Taliban overthrew the Afghan government elected on Monday. On Tuesday, the gun-armed Taliban leaders who assaulted cameras in the presidential palace in Kabul received warm greetings from Beijing.

Welcome to Belt and Road, China’s outward openness policy that traps the Third World. And Afghanistan, which shares a 50-mile border with China, is now a perfect target.

“The facts have proven once again that the military intervention of certain countries against a sovereign state in the name of democracy and human rights has seriously undermined the sovereignty and territorial integrity of the country concerned,” causing serious damage to its economic and social development and leading to massive civilian casualties. victims and displacement, “Chinese Foreign Ministry spokesman Zhao Lijian sang Tuesday.” These countries should immediately end illegal military interventions and make concrete efforts to safeguard world peace and security and promote and protect human rights. “

By hugging the Taliban, China is once again opening the world’s largest pawnshop. Impoverished countries like Afghanistan can put natural resources as collateral for infrastructure, no credit checks or human rights studies are required.

Lamborn calls on the Pentagon and intelligence agencies for the

Iran’s brutal regimes in Venezuela are getting economic growth, which helps them cling to power. China first gains bushels of influence, isolating Chinese President Xi Jinping who is viewed with suspicion by the West and in the capitals of Asian democracies.

As politics unfold, China gains unrestricted access to oil, mineral wealth and other natural resources, and widely open markets for its industrial production.

In Congo, Belt and Road brought China 10.6 million tonnes of copper and 600,000 tonnes of cobalt.

Analysis: Pentagon sets golden rule for satellites, treaty should follow |  Tom roeder

Zimbabwe pledged platinum. Kenya has established its coffee harvest and ceded title to the ports of Nairobi and Mombassa. Iran has pledged crude oil and natural gas.

Dictatorships often face economic problems. China is a friendly lender. Can’t pay? China will keep the pledged goods.

Afghanistan has a lot to do with it. A Pentagon study has found it to have more than $ 1 trillion in untapped mineral wealth, including one of the richest lithium deposits on the planet. A key material in the production of batteries for everything from cellphones to Tesla automobiles, lithium trades at $ 7 a pound, nearly 90 times the price of iron ore.

Analysis: It's time for Afghanistan to find its own heroes |  Tom roeder

And Afghanistan offers much more to China than mineral wealth. Influence over the influential Taliban could help Beijing take control of Islamic militants in its far western provinces.

China has used concentration camps and police power to suppress Muslims, most of the Uyghur minority group, being looked down upon by the United Nations and Western powers. But China has remained in contact with the Taliban, prompting allegations that Beijing has helped militants thwart US efforts in Afghanistan.

If the Taliban said a good word, however, militancy could ebb. At the Ministry of Foreign Affairs in Beijing, Zhao Lijian is already smiling.

“China’s position on the Afghan issue is clear and consistent,” he said. “We hope that Afghanistan can form an open, inclusive and broadly representative government that echoes the widely shared aspirations of its own people and the international community.

Contact Tom Roeder: 636-0240

Twitter: @xroederx

Source link

]]>
Available Bank Accounts – Find the Right Account http://slavetothesystem.com/available-bank-accounts-find-the-right-account/ Thu, 11 Mar 2021 05:24:32 +0000 http://slavetothesystem.com/available-bank-accounts-find-the-right-account/

What are you looking for in a checking account? You may want to get a better return on your savings, get rewards from your main bank, or just find a bank or mortgage company that gives you the service you want.

Your current bank account is the account you use the most regularly, whether it is a personal checking account or a business bank account. So it pays to make sure you get the best deal. Uswitch can help you find the best bank account for your needs by comparing offers in the market.

Whatever you are looking for, read our guide to learn more about the many types of bank accounts available in the market. Find out which features might be useful to you and which ones you might not need at all.

Switching Bank Accounts During COVID-19 Crisis With Uswitch

Even though we are in the middle of the coronavirus, it is still possible and easy to change bank accounts. In fact, it might be a good time for you to think about finding a better checking account if you do a general review of your finances and find out how to save money.

You can change your current account in seven working days, as part of an agreement between banks. If you want to take advantage of this service, it is the CASS guarantee (Current Account Switch Service) and all the administration will be carried out by your new bank.

This administrator includes, moving on your checking account balance, direct debits, salary payments and standing orders. You must close your old bank account as part of this expedited service. Any errors or charges are taken care of by your new bank, so this is a good service and should make the change hassle-free.

One big change from the coronavirus is that banks have been very busy helping their existing customers who have been laid off or laid off, and their call centers have been busy sorting through payment holidays and mortgage freezes for customers. . So you might find that right now some of the best incentives for change have been taken off the market. Banks could start reintroducing better offers once they have more capacity to accept new customers.

Changes to bank overdrafts

Just as the coronavirus hit, a new set of rules came into effect regarding current account bank overdrafts.

From April 2020, new rules introduced by the financial supervisory body, the Financial Conduct Authority, changed the way overdrafts were structured. The rule change was designed to make overdraft costs clearer and easier to compare.

However, so far it seems that although overdraft rules Make it easy to compare, overall the cost of borrowing money through your checking account has actually increased for many customers.

Under the new rules, banks cannot charge more for an unordered overdraft (when you dive into the red without arranging an overdraft in advance) than an arranged overdraft. The regulations also mean that banks must charge a single interest rate on an overdraft and cannot add any other additional fees.

For some people, it saved them money. But for others, it meant their overdraft size was reduced, and the overdraft limit penalty meant much higher interest rates.

While banks are under pressure to help customers who have been financially impacted by COVID-19, it usually means you need to contact your bank and explain your situation if you need help with your overdraft.

Which bank accounts are available to compare via Uswitch?

Today’s customers are not only faced with a multitude of providers offering different checking accounts; they are also faced with a choice of types of accounts.

Most banks and mortgage lenders will have a standard overnight checking account to hold your income and withdraw money. But they’re also likely to have a suite of other accounts, ranging from savings accounts to bundled accounts with premium benefits.

Before you start comparing providers, read our guides to learn more and make sure you can get the right checking account for your needs and lifestyle.

Current accounts – the current account

Most of us have a checking account to manage our money on a daily basis. We put our income into the account and then handle payments such as invoices, direct debits, and standing orders from the account.

If you need access to additional funds, either temporarily or over the longer term, your provider may offer you an overdraft facility to allow you to borrow. Most checking accounts will charge interest on the loan after you exceed the free overdraft amount.

In terms of interest paid on credit balances, standard checking accounts offer little or no interest on the money saved in the account, so they are not the best choice for savers.

You can compare current accounts with Uswitch and find an account that works for you with Uswitch.

High interest accounts – better returns on your savings

High interest accounts perform the same day-to-day banking function as checking accounts, but offer higher AER rates (the interest a bank will pay you on your deposit) than typical standard checking accounts.

Often, however, you will only receive this interest rate if you meet a provider’s conditions, such as making minimum monthly deposits into the account or paying an annual fee. You will also need to use this account as your regular checking account and not as a secondary savings account.

It’s also worth watching for how long you’ll receive the highest interest rate, as some accounts only offer it as a special introductory offer for around 12 months.

Basic accounts – help you manage your money

Basic accounts are similar to a checking account, but are designed for those with an imperfect credit management history or for those who want the absolute minimum.

Customers can deposit their salary or benefits into a bank account and access their money either by using a payment card (with an agreed withdrawal limit) or at the bank branch.

Basic accounts will not allow customers to have an overdraft or a checkbook, so are suitable for those who want to control their spending and stay in credit. Basic accounts are an option for customers who have had credit problems and may not be eligible for a checking account.

By creating a basic bank account and managing it efficiently, customers can increase their chances of being assigned a checking account in the future. The best basic bank accounts don’t charge a fee for managing the account.

Savings accounts – earn money while saving

Savings accounts are for clients looking to build cash flow, either for a special occasion, such as a wedding, or for the future, such as saving for children’s college fees.

A savings account can be opened with a wide variety of providers and typically requires the customer to pay a certain amount of money each month. These accounts often give a higher interest rate than a regular checking account, but are less flexible.

Restrictions may include:

  • Keep money in the account for a certain period of time

  • Pay in a minimum or maximum amount each month

  • A restriction on the number of withdrawals you can make

  • Your bank may also have an Individual Savings Account (ASI) which allows you to accumulate non-taxable interest

  • Like regular savings accounts, ISAs can come with similar restrictions on the amount of withdrawals you can make or how long you need to keep your money in them.

However, it is possible to find ISAs and regular savings accounts that give you instant access. This means you can access your money whenever you want, but it will impact the interest rate you get at the end of the month.

Usually, restricted savings accounts can offer better rates. Our varied list of guides will give you more information about ISA and savings accounts.

Packaged accounts

In return for a monthly subscription, some bank accounts will offer a premium account or a packaged account that offers you certain advantages in addition to your usual banking transactions.

These benefits typically include products such as cell phone insurance, breakdown cover, and travel insurance. They may also cover entertainment services such as movie rentals, music downloads and access to the airport executive lounge.

In addition to these benefits, some packaged accounts may offer preferential rates for other banking products such as loans or mortgages.

One of the problems with COVID-19 is that fewer people are traveling on business. Therefore, they are less likely to need the travel insurance, airport lounges, and other perks that normally come with premium or bundled checking accounts.

Compensation – combine your mortgage and banking

A compensatory mortgage links your main current and / or savings accounts to your mortgage. Each month, the amount you owe on your mortgage is reduced by the amount in those accounts, before calculating the interest owed on the loan.

So if you have an interest-only mortgage of £ 200,000 and you have savings in your compensation account of £ 50,000, for example, you are paying interest on £ 150,000. However, if you spend £ 10,000 next month, you will have reduced your clearing account to £ 40,000 and pay interest on £ 160,000.

So, as your checking account and savings balance increases, you pay less on your mortgage. As they go down, you pay more. These accounts require careful management of money to ensure you are paying off your mortgage and not wasting your savings.

They were more popular in the past when people had to pay taxes on the interest on their savings. Now, with the introduction of the government personal savings allowance, base rate taxpayers can earn up to £ 1,000 in interest before having to pay tax. This reduced some incentives to have a clearing account, as in the past interest and savings rates were higher and interest on savings accounts was taxed.

Learn more about current accounts and compare offers. Uswitch Bank Account Comparison Tool can help you find the bank and checking accounts that are best for you. You can also use the Uswitch business bank account comparison service to find a business bank account that suits your needs.

Source link

]]>
IPhone 11 Max Deals & Offers http://slavetothesystem.com/iphone-11-max-deals-offers/ Thu, 11 Mar 2021 05:24:31 +0000 http://slavetothesystem.com/iphone-11-max-deals-offers/

The biggest of the new iPhone 11 lineup, the Pro Max might just be the best too. Indeed, sporting a large 6.5-inch screen, impressive triple-lens cameras and Apple’s most powerful processor to date, it’s every inch of the flagship handset.

Here’s all it has to offer:

Looking for the standard iPhone 11 instead? Head to our Overview of the iPhone 11.

Design

The iPhone 11 Pro Max might not be the sweeping overhaul that some of you were hoping for. Instead, it sticks closely to the design pattern of the 2018 iPhones and the iPhone X that landed in 2017.

But while Apple is generally discerning when it comes to color options, this time around, they’ve gone for a sleeker exterior with the Space Gray, Silver, Midnight Green, and Gold color variants of the 11 Max Pro. . In addition, the premium matte finish of the phone gives the phone a stylish look.

Where you’ll notice another change is in the camera layout. Like the Standard 11, the phone sports a square camera module that protrudes a lot more than on the iPhone XS.

But as we’ll see, that’s because it houses a much improved triple-lens camera. Of which more in a little …

Camera

IPhone 11 Pro Max Camera

At the heart of the 11 Pro Max are three camera lenses. This is a standard phone lens, a wide angle lens for panoramic shots, and a zoom lens.

Additionally, the 11 Pro Max sports a Night Sight-style mode that dramatically improves low-light results.

Elsewhere, the 7-megapixel front camera has also been upgraded to 12-megapixel.

Battery

The iPhone 11 Pro Max lives up to its namesake with its 3,500mAh battery.

Storage

As you would expect from a plus-size flagship, the iPhone offers a large amount of storage.

The iPhone 11 Max comes with storage options between 64GB and 512GB. Enough room for hundreds of hours of video and thousands of images.


Compare the best iPhone deals

What is the cheapest deal for the iPhone 11 Max?

Of course, the iPhone 11 Max is an expensive phone. But, luckily, comparing providers can save you money or just make buying the phone more manageable.

You see, the offers change all the time, so we recommend that you check which mobile operator can offer the best deals.

Small businesses like giffgaff, for example, will likely offer superior deals on larger networks. This is because they regularly offer packages at prices lower than those of the major networks.

What networks are selling the iPhone 11?

Do you have a network in mind? Take a look at some of our favorites below:

EE

If you’re looking for an iPhone 11 Pro Max phone deal, EE is worth a look. It has a huge selection and you are sure to find what you are looking for.

O2

O2 not only offers a wide selection of freebies and giveaways to its customers – including priority concert tickets – but there is also a wide selection of plans available.

Vodafone

Vodafone offers many monthly paid plans, SIM only plans and “red” 4G plans.


Compare the best Vodafone deals

Three

When it comes to value for money and a wide variety of SIM-only plans, you won’t get much better than Three, hit the button below to compare some of its best deals.

To exchange

If you don’t want to pay too much for the iPhone 11, you can trade in your current model.

You can do this through mobile recycling comparison sites like CompareMyMobile or SellMyMobile. Depending on the model you own and its integrity, you could get up to £ 600.

IPhone 11 Pro Max Specifications

General
Maker Apple
Operating system ios
Release date 09/20/2019 00:00:00
SIM card type Nano
Sensors
Accelerometer Yes
Proximity Yes
Compass Yes
Barometer Yes
Gyroscope Yes
GPS No
Size weight
Form factor Candy bar
Thickness 8.1 mm
Cut 77.8mm x 8.1mm x 158mm
Weight 226 grams
Battery
Battery Type lithium-ion
Capacity 3500 mah
Be ready hours
Talk time 20 hours
Display
Display size 6.5 inch
Screen type AMOLED
Resolution 1242 x 2688 inches
Pixels Per Inch 458 dpi
Touch screen type capacitive
Computing power
CPU 2650 mhz
Processor cores 6 cores cores
Memory 4000 MB
Storage
Internal storage 64, 256, 512
External storage No
Camera and video
Main camera 12 MP
Sparkle Yes
LED flash
GEO marking Yes
Autofocus Yes
Fixed focus Yes
Touch focus
Face detection Yes
Smile detection
Image stabilization Yes
Video quality 2160
2nd camera 12 MP
Data
Generation 4G
Frequency Dual band
NFC No
Wireless No
WIFI hotspot No
Wi-Fi Direct No
Bluetooth No
Usb No
Source link

]]>
Auto Insurance Specific Review (2021) http://slavetothesystem.com/auto-insurance-specific-review-2021/ Thu, 11 Mar 2021 05:24:31 +0000 http://slavetothesystem.com/auto-insurance-specific-review-2021/

If you are interested in specific auto insurance, you should know that the company offers independent brokerage experience. Accurate works with multiple providers to offer multiple packages for customers to choose from. Although Accurate was not on our list of best auto insurance companies across the country, this may be a smart choice for some drivers looking for cheap auto insurance.

Whenever you shop for auto insurance, we recommend that you get quotes from multiple providers so that you can compare coverage and rates. In addition to which insurance company you choose, factors such as your age, make and model of your vehicle, and your driving history can affect your premium, so what’s best for your neighbor may not be right. ‘be for you.

Use our tool below or call our team at (844) 246-8209 to start comparing personalized auto insurance quotes:

In this article:

Precise auto insurance overview

Founded in 1992, Accurate Auto Insurance offers a focused service – to find customers affordable auto insurance quotes.

Similar to popular travel booking sites, the agency collects quotes from a network of about two dozen auto insurance companies and offers the cheapest options. After receiving the quotes, you can choose to purchase from the auto insurance provider or directly through Accurate. You can buy from Accurate on their website or over the phone with an agent.

It is important to note that the precise auto insurance is relatively small, only available to drivers in the following states:

The company doesn’t have a lot of ads or reviews, and most people may not have heard of it before. However, it is accredited by the Better Business Bureau (BBB) ​​with an A + rating.


What does Accurate auto insurance cover?

Accurate provides quotes for five different types of insurance plans:

  • Car insurance: This is the most common type of insurance offered by Accurate. Although minimum requirements vary from state to state, auto insurance plans generally help cover costs associated with accidents. Coverage may extend to the vehicle, passengers, and medical bills of the driver and any other party involved.
  • Motorcycle insurance: Many people think that having an auto insurance plan also covers motorcycles. But insuring a two-wheeled vehicle is a whole different matter. Motorcycle insurance is generally more affordable than auto insurance because motorcycles are considered a one-person mode of transportation and coverage does not extend to passengers.
  • SR-22 Insurance: An SR-22 is actually not insurance – it is a document required of some people by the state. Accurate Auto Insurance advertises its agents as specialists in this area, with an SR-22 offered as one of the cheapest plans. An SR-22 is typically required for drivers with any of the following: impaired driving or DWI conviction, at-fault driving accidents without insurance, repeated infractions or tickets within a short period of time, or suspended license or revoked.
  • Indiana SR-50 Insurance: This document is similar to an SR-22 but specific to the state of Indiana. It is required by the Indiana Bureau of Motor Vehicles (BMV) and is for drivers considered high risk. An SR-50 is issued with an insurance plan and verifies that the driver currently meets the state’s minimum insurance requirements.
  • Carpool insurance: Many personal vehicles are now used for ridesharing services, such as Lyft or Uber. Carpool insurance is a supplement to personal auto insurance and it covers whenever the vehicle is used for business purposes.

How much does precision cost?

The cost of any auto insurance policy will depend on several factors, including:

  • the type of auto insurance you include in your policy
  • Your location
  • The year, make and model of your vehicle
  • Your driving history
  • And more

The precise prices of auto insurance vary even more as this company connects its customers with a variety of auto insurance providers.


Accurate Auto Insurance Reviews

Despite being in business for over 25 years, Accurate Auto Insurance doesn’t have a lot of customer reviews – with less than 10 on BBB’s website and under 20 on Yelp. Customer complaints mention poor complaints and customer service. This is probably due to the fact that Accurate is an agency. Any actual processing is the responsibility of the auto insurance provider with whom the agency connects you.

Accurate is responsive and tends to respond to negative customer reviews.

Positive Accurate Auto Insurance reviews detail the company’s helpful and knowledgeable customer service representatives, as well as long-term customer satisfaction.

“A company that helps you and explains every part of the policy from start to finish. That’s what Accurate did. I received my insurance policy and ID cards on site and also saved money.

– Margaret K. via Precis

“I’ve been with Accurate for a very long time – since 1998. I had a problem with my renewal so I called the Oak Brook office and spoke to Marissa on 9/25/17. She was so kind and told me if I ever needed help calling her and gave me her extension. So on 9/28/17 I called her back. She was so patient with me that I added my second car to my existing policy. Thanks again Marissa for your wonderful help. ”

– Chantal M. via BBB

The negative reviews for Accurate have highlighted the slowness in processing claims and reports of poor user experiences on the company’s website.

“Totally satisfied with the advantageous rates. The payment option on their website is a joke … Still slow and boring, but ends up getting the job done. They should update this feature on the site.

– Emmy S. via Yelp


Our opinion on precise automobile insurance: 3.5 stars

While Accurate Auto Insurance can put you in touch with a number of insurance companies, it may not provide the best service when it comes to filing and processing claims. Overall, we rate Accurate 3.5 out of 5.0 stars and recommend it for drivers looking for inexpensive coverage.

Benefits The inconvenients
Possibility of obtaining several quotes in a few minutes Only available in 12 states
Affordable Relatively small network of auto insurance providers
No credit check required Fewer offices than large suppliers
Coverage for high-risk drivers Very few reviews


Best recommendations for auto insurance

For those who prefer to deal directly with suppliers, there are many options. It’s always a good idea to do your own research for something as important as auto insurance. Use our tool below or call (844) 246-8209 to start comparing auto insurance quotes:

Based on our extensive research of all major vendors, two stood out in particular: USAA and Progressive.

This insurance provider consistently tops our list as one of the best in the industry. It has an A ++ rating from AM Best and the highest scores in the JD Power 2020 US Auto Insurance Study. It is only available to members of the United States Army, applicants for commissioning programs, and the spouses and children of current USAA members. But for those who qualify, USAA offers affordable and comprehensive policies.

Read our USAA Auto Insurance Review to learn more.

Progressive insurance logo

In many ways, Progressive has shaped the way we buy auto insurance today as the first company to offer online shopping, one-stop claims service centers, and comparative pricing experiences. In terms of insurance plans, Progressive offers standard coverage with several different options for saving money. You can get discounts for being a good driver and package with other types of insurance.

To learn more about coverage, read our Gradual review of auto insurance.


Methodology

In an effort to provide accurate and unbiased information to consumers, our team of experts collects data from dozens of auto insurance providers to formulate rankings of the best insurers. Companies receive a rating in each of the following categories, as well as an overall weighted rating out of 5.0 stars.

  • Industry Ranking: Insurers with strong financial ratings and client-focused business practices score the highest in this category.
  • Availability: We consider availability by state as well as exclusions for specific groups of drivers.
  • Blanket: This assessment is based on the types of insurance available, maximum coverage limits and supplemental policies.
  • Cost and discounts: Our research team reviews sample quotes for a variety of drivers in each state. Companies with lower prices and plenty of auto insurance discount opportunities receive the highest scores.
  • Customer service: We comb through customer reviews and consumer review studies from experts like JD Power.
  • Technology: Auto insurers with mobile apps, advanced online services and telematics are more likely to meet consumer needs.

Read our other articles on insurance:

Source link

]]>
Compare critical illness coverage http://slavetothesystem.com/compare-critical-illness-coverage/ Thu, 11 Mar 2021 05:24:31 +0000 http://slavetothesystem.com/compare-critical-illness-coverage/

What is critical illness coverage?

Critical illness coverage is an insurance policy that can help you pay off your debts and household bills if you become seriously ill and are unable to work.

Critical illness insurance usually pays a lump sum if you are diagnosed with a serious illness, such as cancer or kidney failure, for example.

Each provider will have policies that may exclude certain illnesses or conditions, so there is no guarantee on what they will specifically cover until you get a quote from the provider.

Critical illness coverage can be purchased with life insurance or on its own and can be used to pay off large debts like a mortgage and cover bills while you are unable to work. Here we explain what critical illness insurance covers and who it is for.

What is the difference between life insurance and critical illness coverage?

Critical illness coverage pays a non-taxable lump sum if you are diagnosed with one of the life-threatening illnesses.

Life insurance pays a lump sum if you die with money that goes to the person you nominate, such as your family to help cover bills while you are away.

Read on to learn more before you compare life and critical illness coverage.

What does critical illness insurance cover?

Critical illness insurance policies pay a lump sum if you are diagnosed with a life-threatening illness, such as cancer or kidney failure.

Critical illness insurance policies typically cover heart attacks, multiple sclerosis, heart bypass surgery, cancer, kidney failure, stroke, and major transplants. Critical illness insurance policies normally last for a specified period or until retirement.

You should read the policy document to see exactly what illnesses it covers, as less serious illnesses may not be covered, for example, skin cancer.

Although the initial premium is more expensive, choosing a critical illness insurance policy with guaranteed premiums, which remain the same for the duration of the policy, may be more useful for some.

Critical illness coverage with adjustable premiums is cheaper to start with, but will generally increase over time. Critical illness insurance policies normally pay only one lump sum and therefore do not replace income.

Source link

]]>
0% Balance transfer and purchase of credit cards http://slavetothesystem.com/0-balance-transfer-and-purchase-of-credit-cards/ Thu, 11 Mar 2021 05:24:31 +0000 http://slavetothesystem.com/0-balance-transfer-and-purchase-of-credit-cards/

What is a balance transfer and credit card purchase?

Balance transfer and purchasing credit cards allow you to transfer your balance from another credit card and make new purchases with just one credit card.

This is often useful if you want to track your debt and manage your spending.

How does the balance transfer period work?

A 0% interest period for balance transfers is a set amount of time. Typical 0% interest-free balance transfer periods are 18 months, 21 months, and 24 months. The best 0% interest-free balance transfer period offers are longer and can be up to 29 months.

During this time, you will not be charged any interest on the debt you transferred from your old card to your new credit card, although you may be charged a fee of up to 5% to complete the transfer.

You will need to pay the minimum refunds on the 0% Balance Transfer Card. But you must aim to make sufficient refunds to pay off the balance in full before the 0% offer ends. You will be charged interest on any remaining balance, which is often much higher than on standard credit cards.

How does the purchase period work?

A 0% interest period for purchases is a defined period during which you will not be charged any interest on new purchases made with your credit card.

Try to pay off your credit card during the 0% purchase period. Or you will be charged interest on any outstanding balance at the end of the 0% purchase period.

A 0% purchase period is different from a 0% balance transfer period. The 0% purchase period only allows you to buy things with your interest-free credit card. A combined credit card can give you different time periods for 0% balance transfers and 0% purchases. Keep an eye on the end of each.

Try to pay off what you owe on your low-interest credit card before the end of each of the 0% interest rate periods. Learn more about how to calculate your interest here.

How to get the cheapest balance transfer credit cards and buy credit cards

In order to find the best deals, the easiest place to start is to compare as many deals as possible. At the same time, it’s important to keep in mind that there is no better deal. The best deal for you is the one that offers the longest interest-free period on balance transfers and purchases, but also covers your individual needs.

Shopping around and comparing credit cards is the best way to find the best deals. Look for 0% interest rate credit cards with long interest free periods and the lowest balance transfer fees. The best deals offer 0% interest rates on balance transfers and 0% buy offers for up to about 28 months.

However, be aware that often a single credit card can offer different interest-free periods on balance transfers and purchases.

For example, a credit card might offer 12 months at 0% on interest on old balances transferred to the card, but 24 months on new purchases.

Understanding Balance Transfer and Acquisition Card Fees and Charges

The cost to you for a credit card is the APR, or annual percentage rate. This is the number you should look for when using credit card comparison websites.

The costs included in the APR are the interest rate you will pay the lender for balance transfers and purchases on your credit card, plus any additional charges. You pay all of these fees as part of your monthly repayments. During 0% interest-free balance transfer periods and 0% purchase periods, you pay no interest. You can find out more about how APR works here.

Use the APR number when comparing balance transfer and purchasing credit cards. Get the cheapest balance transfer credit card deal and best shopping credit card deals by choosing a low APR credit card or 0% interest rate credit card.

Does “representative” APR mean I won’t get the best credit card bundle deals?

When you compare balance transfer credit cards and purchasing credit cards, you will see a “representative” APR.

This is the APR (or less) that at least 51% of a lender’s customers will pay when taking out the advertised credit card. You cannot get the APR on the offer.

The amount that a credit card company will charge you for a combination credit card will depend on your personal circumstances. Your credit history will affect how long a credit card company gives you a 0% interest-free period on balance transfers and purchases.

Shop around credit card comparison sites for the best credit card deals.

Before applying for a combined credit card, use a credit card comparison site with a ‘soft credit check‘. This allows you to see the likelihood of you being accepted. This “soft credit check” can reduce the number of points on your credit report, which increases the likelihood that you will be offered credit cards in the future.

Mistakes to Avoid with 0% Interest Balance Transfer and Acquisition Cards

To get the most out of a 0% interest period? Here are a few things to watch out for:

Forget the return rate: At the end of the promotional introductory period, the 0% interest rate will revert to the Standard Buy Rate, which is typically between 10-35%, but may be higher. Consider the standard interest rate before you apply for the card to understand how your debt will increase if you don’t pay off your balance before the interest-free period is over.

Make only the minimum repayment: Most credit card providers expect you to make a minimum monthly payment on your balance. This is usually around 3% of your balance.

However, if you only make the minimum amount each month, you will not be able to pay off your entire balance until the 0% offer ends. This means that you will end up paying the rate back on your remaining balance, making it much more difficult to pay off.

Do not take advantage of the entire period of the offer: The 0% offer is available as soon as your card is approved, not from your first purchase. So if your card offers a 0% offer for six months but you don’t make any purchases or refunds in the first month, you will only have five months to make repayments without incurring interest. If you have a big purchase in mind, make it ASAP and start paying off right away to make the most of the offer’s duration.

What does “most popular” mean?

When we use the term “most popular” on Uswitch in reference to credit cards, these cards are ranked based on the number of clicks they have received on the site in the last 48 hours.

The most clicked cards are at the top, the least at the bottom. This reflects their popularity with visitors to Uswitch.com. Therefore, this is a good table to look at if you want to see which cards most people think are worth buying.

Source link

]]>