Musical Fund – Jose Carlos Matos Wed, 13 Oct 2021 14:32:08 +0000 en-US hourly 1 Musical Fund – Jose Carlos Matos 32 32 An In Depth Guide to Consolidating Your Payday Loans Wed, 13 Oct 2021 14:32:08 +0000 If you are looking for a way to consolidate your payday loans, this is the post for you. We will take an in-depth look at what consolidation is and why it may benefit you and your financial situation. We’ll also explore some of the best ways to go about consolidating your payday loans so that you can get on with the rest of your life!

What is Consolidation?  

Consolidating payday loans means rolling all your payday loans into one loan with a longer repayment term to make the payments easier for you while keeping the interest rates lower than they would be on separate smaller debts. 

This lets you pay off multiple bills in one lump sum instead of making them due separately every month. The result is that you’ll have fewer bills to keep track of each month – but still enough funds to cover them all! Here are some reasons why consolidation might benefit you financially:

  • It reduces stress. With only one bill per month or less, there’s no extra work involved when it comes to keeping up with your bills each month. You can’t forget about them if you don’t have any, right?
  • It helps manage debt. Many companies offer consolidation services that work the same as payday loans – except they usually require a cosigner who has good credit scores and is willing to take responsibility for your loan payments if you cannot make them on time. This means that paying back the amount plus interest may be easier for some people because there’s someone else helping out along the way!
  • It allows more spending flexibility. With only one bill per month instead of multiple ones due at different times throughout the month, it becomes simpler to plan financially. Instead of worrying about how you’ll pay all those bills every month, you’ll only need to manage the one payment.
  • It keeps rates lower. Sometimes it can be difficult paying back several payday loans with high-interest rates and fees every month – and this is where consolidation comes in handy! When you take out a new loan for your consolidated debt at a reduced rate of finance charges (or even none at all), these additional costs will help pay off your debts faster without putting too much strain on your budget or bank account.

If that sounds like something that might work well for your situation but are still wondering if consolidating is right for you, give us a call today! We’ll look over some of the best options available in how to consolidate payday loans so that we can find an option that works for you and your needs.

It’s also important to note that consolidating payday loans is not always the best option – but we’ll help guide you through it so that you can make an informed decision! We’re here 24/seven to answer any questions or concerns and provide personal guidance throughout the entire process.

How to consolidate loans?

When you consolidate payday loans, the first step is deciding how much money you want to borrow and for what period (usually ranging from six months up to five years). 

Consolidating your payday loans with a longer repayment term means that you’ll end up paying more in interest charges overall – but it can be beneficial if this option lets you pay off multiple bills with only one payment per month. 

While consolidating may help reduce some stress associated with managing several different debts every month, there are still risks involved when taking out a new loan, as well as potentially negative consequences over time.

Consolidation might not always benefit everyone either! Some people even find it more difficult trying to manage just one large debt on their own instead of many smaller ones. This is why it’s essential to consider all of the options before deciding on one – and we’ll help you do that! 

Our goal at Cash Cow is to give people access to the best payday loans available to make informed decisions about their financial future. Just call us today if you have any questions, concerns, or are ready to get started!

The result might be easier when making monthly payments, but there can still be consequences involved with consolidating your payday loans. Interest rates will also increase over time, which means that debt won’t go away as quickly. 

There are many reasons why consolidation might benefit someone financially, including reduced stress, better management of debt, more spending flexibility, lower finance charges, etc.

Consolidating payday loans might not be the best option for everyone as well! The main downside is that debt won’t go away any faster. This can make it even more challenging to manage one large payment per month instead of several smaller ones and could potentially create other problems down the road. 

That’s why we’re here to answer any questions or concerns you may have and help guide you through the entire process – so give us a call today if you need assistance with anything at all!

Who should consolidate Payday Loans?

We recommend consolidating your payday loan only when necessary, such as when multiple bills are and due very close together or if repaying them becomes too demanding on your own. 

Consolidation allows people who cannot afford these payments many different ways to create a plan that works for you and your financial situation.

What happens if I don’t repay my loans on time?

Suppose you fail to repay the total amount borrowed plus finance charges by the due date every period (usually one month). In that case, the lender may use any legal means available under state law to collect from you: collection agencies, garnishment of wages, lawsuits against persons with interest in property such as owners and lessors of real estate, and lenders who lend money secured by an interest in real estate; and repossession of vehicles and other personal property.

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Inside track : Pensions de retraite, gestion de fonds et services financiers Tue, 24 Aug 2021 15:40:00 +0000

Dans les médias

L’ASIC engrange les pénalités les plus importantes de tous les temps au milieu d’un blitz de litiges ASIC – 16 avril 2021 – L’ASIC a obtenu des sanctions civiles totalisant 159,8 millions de dollars en six mois dans un nouveau record qui, selon lui, enverra “des messages forts de dissuasion”. Au total, 27 personnes ont été inculpées dans le cadre de procédures pénales, ont engagé 14 procédures civiles et ont interdit à 22 personnes de fournir des services financiers ou du crédit. Suite…

L’ASIC prolonge la mesure d’allègement temporaire des conseils financiers dans l’instrument COVID-19 ASIC – 15 avril 2021 – L’ASIC a annoncé qu’elle prolongerait l’une des trois mesures d’allègement temporaire conçues pour aider le secteur des conseils financiers à fournir aux consommateurs des conseils abordables et opportuns pendant la pandémie de COVID-19. Suite…

Les super fonds ont besoin de données en temps réel MEDIA – 13 avril 2021 – Des données holistiques et opportunes permettront aux fonds de pension d’avoir un engagement individualisé avec les membres, mais, pour le moment, davantage de fonds ne disposent que d’un petit nombre de points de données pour les membres, selon Rice Warner. Suite…

REST rejoint la coalition anti-esclavagiste NEWS – 13 avril 2021 – Le super fonds de l’industrie rejoint 32 autres investisseurs institutionnels et super fonds en signant la coalition Investors Against Slavery and Trafficking APAC. Suite…

L’APRA s’attaque aux super réassureurs NEWS – 12 avril 2021 – L’Australian Prudential Regulation Authority (APRA) demande des commentaires sur un ensemble conçu pour répondre aux préoccupations concernant le recours accru aux réassureurs offshore par les assureurs-vie. Suite…

Le test de super performance donne un coup de pouce aux fonds peu performants MEDIA – 9 avril 2021 – Le test de performance des pensions de retraite du gouvernement proposé dans sa législation Your Future, Your Super n’inclut pas les frais d’administration et autres frais non liés à l’investissement qui pourraient conduire à des super fonds facturant jusqu’à quatre fois les frais médians, selon Industry Super. Australie (ISA). Suite…

Danger important en l’absence de détails YFYS MÉDIAS – 08 avril 2021 – Une commission parlementaire clé a été avertie qu’il existe des dangers importants pour le secteur des pensions de retraite dans le manque de détails concernant la législation du gouvernement sur votre avenir, votre super. Suite…

La législation YFYS du gouvernement forcera-t-elle l’élimination des associations de retraite ? NOUVELLES – 08 avril 2021 – Les associations de l’industrie des pensions de retraite pourraient être confrontées à une consolidation importante alors que la nouvelle législation du gouvernement oblige à utiliser les fonds de pension pour justifier la dépense des fonds des membres pour l’adhésion. Suite…

L’ASIC prévient que le temps presse pour le traitement des réclamations d’assurance et les demandes de licence AFS L’ASIC a appelé les sociétés de gestion des réclamations d’assurance à déposer les demandes de licence (nouvelles et variées) dès que possible, et au plus tard le 7 mai 2021 (08 avril 2021). Suite…

L’aléa moral inhérent à l’AFCA pour les conseillers financiers Les conseillers financiers sont exposés à un risque moral en raison des règles relatives aux plaintes des consommateurs déposées auprès de l’Australian Financial Complaints Authority (AFCA), selon la Financial Planning Association (07 avril 2021). Suite…

Trio pénalisé de 9,4 millions de dollars pour stratagème d’exploitation fiscale ATO – 08 avril 2021 – L’ATO se consacre à l’identification et à la perturbation des schémas d’exploitation fiscale. En mars 2021, un avocat, un planificateur financier et un comptable ont été pénalisés de plus de 9,4 millions de dollars pour avoir promu un stratagème illégal d’évasion fiscale, à la suite d’une enquête qui a duré plusieurs années. Suite…

Le gouvernement est invité à aller de l’avant avec des mesures visant à rendre les super actifs visibles dans les procédures du tribunal de la famille AIST – 07 avril 2021 – L’Australian Institute of Superannuation Trustees a appelé le gouvernement à donner la priorité à son super régime de droit de la famille promis à la suite de l’annonce bienvenue qu’une deuxième mesure controversée – pour permettre aux victimes de violence familiale d’accéder à leur super – a été abandonné. Suite…

Le gouvernement a fustigé le manque de détails sur les tests de super performance MEDIA – 6 avril 2021 – Les principaux fonds de pension demandent un vaste processus de consultation avant que l’Australian Prudential Regulation Authority ne reçoive le pouvoir réglementaire de procéder à des tests de performance des pensions. Suite…

Les membres appellent QSuper et Sunsuper à sortir du charbon MEDIA – 06 avril 2021 – Plus de 200 membres des fonds de pension ont exhorté les fonds à concilier leurs engagements déclarés d’investir de manière responsable avec leurs investissements dans des actifs à fort taux d’émission. Suite…

Dans la pratique et les tribunaux

Déclaration d’ouverture de l’enquête du Comité sénatorial sur la législation économique sur le projet de loi 2021 modifiant les lois sur le Trésor (votre avenir, votre super) 7 avril 2021 – Helen Rowell, vice-présidente – Comité sénatorial de la législation économique, Sydney. Suite…

Mises à jour réglementaires ASIC 16/04/2021 RÉP 688 Mise à jour sur l’application de l’ASIC de juillet à décembre 2020 Fournit une mise à jour sur les travaux d’application de l’ASIC entrepris entre le 1er juillet et le 31 décembre 2020, une période au cours de laquelle l’ASIC a continué à prendre des mesures pour soutenir ses priorités d’application et poursuivre un système financier juste, solide et efficace pour tous les Australiens : Voir 21-074MR 14/04/2021 Instrument ASIC Corporations (COVID-19 – Assistance liée aux conseils) 2021/268 Prolonge jusqu’au 15 octobre 2021 la mesure d’allègement qui permet aux conseillers financiers de fournir un dossier de conseils plutôt qu’une déclaration de conseils aux clients existants nécessitant des conseils financiers en raison de l’impact de la pandémie de COVID-19 : voir 21-072MR et FAQ 13/04/2021 RG 96 Ligne directrice sur le recouvrement des créances : pour les collectionneurs et les créanciers (rééditée) Mise à jour des références de la législation spécifiques aux agents de terrain dans le Queensland. 08/04/2021 INFO 253 Traitement et règlement des sinistres : comment se conformer à vos obligations de licence AFS (nouveau) Aide les entreprises qui fournissent des services de traitement et de règlement des sinistres d’assurance à préparer et soumettre leurs demandes de licence AFS dès que possible après le 1er janvier 2021, et au plus tard le 7 mai 2021 : Voir 21-067MR

ASIC Corporations, Superannuation and Credit (Amendment) Instrument 2020/99 Modifie l’instrument ASIC Corporations and Credit (Internal Dispute Resolution–Transitional) 2019/965 préserver la politique interne existante de règlement des litiges de l’ASIC en ce qui concerne les plaintes reçues par les sociétés financières avant le 5 octobre 2021.

AFSA : Présentation de notre nouveau site Web AFSAsandpit 6 avril 2021 – Le nouveau site Web AFSAsandpit est maintenant lancé. Le nouveau site dévoile un design frais et moderne et le rend plus facile pour le public, les utilisateurs de nos services et d’autres parties prenantes Lancé en 2018, il a été extrêmement précieux pour aider à concevoir des services qui répondent le mieux aux besoins de nos utilisateurs – à la fois pour PPSR et personnel fonctions d’insolvabilité. Suite…

Projet d’artefacts taxonomiques de l’APRA pour aider les organismes de retraite à se préparer à APRA Connect L’APRA a publié le document de réponse et 10 normes de déclaration finales pour la première phase de sa transformation pluriannuelle des données sur les pensions de retraite. Le document de réponse et les normes de rapport finalisées sont disponibles à l’adresse : Consultation sur la transformation des données sur les pensions de retraite de l’APRA. Ces nouvelles collections feront l’objet d’un rapport APRA Connect. Les versions finales de ces documents seront disponibles avant la publication de l’environnement de test externe pour les entités en juin 2021. Les artefacts provisoires comprennent le dictionnaire de données, les validations, la taxonomie de rapport et le XSD (pour valider les fichiers).

Actualités AFCA Cas types de l’assurance contre les pertes d’exploitation (Mise à jour en mars 2021)


Rushton c Commonwealth Superannuation Corporation (No 3) [2021] FCA 358RETRAITE – services financiers – plaintes relatives aux retraites – L’Autorité australienne des plaintes financières (AFCA) a le pouvoir de statuer sur les plaintes relatives aux retraites en vertu de l’article 1055 Corporations Act 2001 (Cth) – où l’AFCA doit décider si la décision de l’administrateur des retraites a fonctionné de manière déraisonnable ou injuste – lorsque le demandeur est marié à, mais s’était séparé de, membre (maintenant décédé) du régime de retraite du secteur public – où le demandeur cherchait à prétendre à une pension de réversion en vertu des règles du régime – où le demandeur et le défunt avaient des enfants – où le demandeur vivait dans des locaux séparés de, mais fournissait des soins quotidiens à , décédée et ses enfants au cours des derniers stades de sa maladie – que la requérante et la personne décédée vivaient ensemble en tant que mari et femme – lorsque la requérante a accordé une pension d’aidant pour lui permettre de s’occuper de la personne décédée – que la requérante soit entièrement ou partiellement à la charge de la personne décédée au moment de son décès – lorsque le fiduciaire a déterminé que le demandeur n’était pas admissible à la réversion y pension – lorsque l’AFCA a confirmé la décision du syndic – si l’AFCA a commis une erreur de compétence ou autre en confirmant la décision du syndic – a statué : l’AFCA n’a commis aucune erreur dans la détermination de la plainte.

Cradock contre United Super Pty Ltd en tant que fiduciaire du Fonds de pension des syndicats de la construction et de la construction [2021] FCA 305PRATIQUE ET PROCÉDURE – demande de prorogation de délai pour interjeter appel d’une décision de l’Australian Financial Complaints Authority (AFCA) – AFCA confirmant une décision d’un fiduciaire de pension de retraite en ce qui concerne la distribution des prestations de décès – art. 1055B et art. 1057A de la Corporations Act 2001 (Cth) prévoyant que la décision de l’AFCA entre en vigueur immédiatement, à moins que l’AFCA n’en dispose autrement ou à moins que la Cour fédérale d’Australie ne suspende la décision faisant l’objet de l’appel – pas de demande de suspension de la décision de l’AFCA – décision contestée mise en œuvre par l’administrateur avant l’heure pour introduire un appel expiré – bénéficiaire de la décision du syndic recevant le paiement et dépensant les fonds – bénéficiaire invoquant un préjudice de la nature d’un risque que la loi puisse opérer pour exiger qu’elle rembourse le paiement – ​​explication insatisfaisante du retard dans l’introduction de l’appel – public intérêt à une bonne interprétation des dispositions de la Corporations Act 2001 (Cth) conférant pouvoirs de renvoi – examen de la possibilité ou du besoin de renvoi pour réexamen d’une décision qui a été exécutée – prorogation du délai accordée pour des motifs limités.




ASIC Corporations (COVID-19 – Assistance liée aux conseils) Instrument 2021/26814/04/2021 – Cet instrument facilite la fourniture de conseils sur les produits financiers abordables et en temps opportun aux clients et réduit le fardeau de la divulgation réglementaire sur les entités fournissant en raison de la pandémie de COVID-19 en poursuivant l’allègement temporaire des sociétés ASIC (COVID-19 – Conseil (allégement lié) Instrument 2020/355 qui permet de fournir un enregistrement des conseils aux clients existants en ce qui concerne les conseils COVID-19 dans certaines circonstances.

Modification de la pension de retraite (PSS Trust Deed) Instrument 202106/04/2021 – Cet instrument modifie l’Acte de fiducie du régime de retraite du secteur public en conséquence de la loi de 2020 sur la modification du droit de la famille (Australie-Occidentale De Facto Superannuation Splitting and Bankruptcy) et traite des questions relatives à la délégation par le ministre des Finances.

Norme d’audit ASQM 2 Revues de la qualité des missions06/04/2021 – Cet instrument traite de la nomination et de l’éligibilité du responsable de la revue de la qualité de la mission et des responsabilités du responsable de la revue de la qualité de la mission concernant la réalisation et la documentation d’une revue de la qualité de la mission.

Norme d’audit ASQM 1 Gestion de la qualité pour les cabinets qui effectuent des audits ou des examens de rapports financiers et d’autres informations financières, ou d’autres missions d’assurance ou de services connexes06/04/2021 – Cet instrument traite des responsabilités d’un cabinet pour concevoir, mettre en œuvre et exploiter un système de gestion de la qualité pour les audits ou les examens de rapports financiers et d’autres informations financières, ou d’autres missions d’assurance ou de services connexes.

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6 Best Debt Relief Programs in 2021: The Most Trusted Wed, 02 Jun 2021 01:21:10 +0000

San Diego, CA, April 19, 2021 (GLOBE NEWSWIRE) — MagnoliaMediaNetwork announces the release of the review “Best Debt Relief Programs 2021”

Climbing out of debt can feel like a nearly-impossible task with all the late fees and interest rates. The best debt relief programs can lighten your load.

Our in-depth research led us to the top six debt relief programs to help you get out of debt.
We factored in topics like financial guarantee, transparency and track record to determine the best companies for this list.

Top 6 Credit Relief Services

First look:

  1. Best debt relief program overall – National Debt Relief
  2. Best debt relief program for tax debt – CuraDebt
  3. Best choice for credit card debt relief – DMB Financial
  4. Best program for customer satisfaction – New Era Debt Solutions
  5. Best program for debt settlement – Accredited Debt Relief
  6. Best interactive debt relief program – Freedom Debt Relief

1. National Debt Relief–Best Debt Relief Program Overall

National Debt Relief is the best debt relief program overall due to its long track record of proven results. In business for over a decade, they do much more than help lower your interest rate.

This program allows you to settle your debts for less than you owe. They offer a money-back guarantee and never charge any upfront fees, either.

They’re fully transparent in who they are and what they do. Founded in 2009, the company helps consumers erase their debts through a proven debt settlement program. On the firm’s site, you’ll find letters from actual program users who were able to settle thousands of dollars of debt for pennies on the dollar.

The process begins with a free consultation with one of the company’s credit counseling experts. He or she will listen to your situation and discuss which debt relief option is best for you. You won’t have to negotiate with the bank again, as this program does so on your behalf.

Similar to other programs, National Debt Relief asks you to deposit money into a separate account every month for a specified time. This money is then used to settle your debts at a fraction of their balances, saving you more money than the best debt consolidation loan.

Do note that you can expect to pay 15 to 25 percent of the total debt settled throughout the program, which somewhat cuts into the savings.

What We Like

  • Proven track record of success.
  • Zero upfront fees.
  • A+ Better Business Bureau rating
  • Money-back guarantee.

What We Don’t Like

  • Not suitable for certain debt types, like back taxes or mortgage loans.
  • Must be quite behind on payments, with a minimum of $7,500 in balances to qualify.

2. CuraDebt–Best Debt Relief Program for Tax Debt

CuraDebt is one of the few debt relief companies to offer a program designed to help consumers tackle their tax debts. The company has 20 years of experience behind them.

This program also offers your conventional debt settlement programs. On the CuraDebt website, you’ll find various debt settlement letters, several of which show clients only paying only 20 percent of what they owe.

Pricing for CuraDebt’s tax relief program is transparent. For a flat fee, its staff of in-house tax experts will negotiate and settle your state and federal tax debts.

The process begins with a free consultation. Unlike other debt settlement companies, CuraDebt will work with you to develop a plan that resolves your tax issues and manages your other debts as well. CuraDebt is available for clients in every state.

What We Like

  • One of the few debt settlement companies offering tax debt relief.
  • Upfront flat-fee pricing and no monthly payments.
  • Offers traditional debt settlement assistance.

What We Don’t Like

  • No mobile app or client dashboard.
  • Lacks accreditation with the Better Business Bureau.

3. DMB Financial–Best Choice for Credit Card Debt Relief

DMB Financial helps consumers consolidate their credit card debt into a single, lower monthly payment. Founded in 2003, the firm has a long track record of assisting clients to get out from underneath their growing, high-interest credit card debt.

They post real-time results on the DMB Financial website, some of which reveal clients are settling their debts for just 30 percent of what they owe. The company also claims it’s possible to become 100 percent debt-free in as little as 36 months.

DMB Financial is also a debt relief company you can trust. As an American Fair Credit Council member, it’s a fully accountable credit counseling organization and acts according to the highest standards.

As is the case with other debt relief companies, you begin with a free consultation to discuss your situation and goals with a debt relief specialist. Then, unlike debt consolidation loans, they create a program for you to deposit money into a separate savings account. DMB Financial negotiates with your creditors to reduce your owed balances.

DMB Financial is a viable option for student loans, personal loans and all unsecured debts, but it’s ideal for consumers with costly credit card debt on their credit report. The simple monthly-payment process makes getting rid of overwhelming debt both easy and effective.

What We Like

  • Simple and hassle-free.
  • Zero-cost consultation.
  • Low monthly payment for credit card debt consolidation.
  • Settle debts for less than what you owe.

What We Don’t Like

  • The eligibility requirements and pricing system are vague.
  • Mainly focused on solving credit card debt only.

4. New Era Debt Solutions–Best Program for Customer Satisfaction

New Era has been in business for over 20 years and they’ve helped settle millions of dollars of debt. There’s an impressive team of attorneys and debt settlement specialists on-site to make it happen. Consumers can have confidence that the company will get the job done quickly, with maximum savings and minimal impact on their credit score.

New Era Debt Solutions offers zero upfront costs for services, no monthly administration costs or other fees, which can quickly add up.

Like other debt settlement companies, New Era’s clients put money into a separate account while they negotiate with the creditors. According to New Era, the average client becomes debt-free in under 28 months and settles their debt for around 40 percent of what they owe.

Unlike a credit counselor or other run-of-the-mill debt relief companies, New Era Debt Solutions handles everything in-house, from start to finish.

What We Like

  • 20+ years in the business.
  • No hidden costs or monthly fees.
  • Everything is handled in-house.
  • Thousands of success stories.
  • High rate of customer service.

What We Don’t Like

  • Not available in all states and cities.

5. Accredited Debt Relief–Best Program for Debt Settlement

This runner-up debt relief program earned its title thanks to the proven results in negotiating and settling credit card debt for many consumers. These individuals had high-interest balances of $10,000 or more.

Launched in 2011, this nationally-recognized debt settlement company boasts plenty of other accolades on its website from former customers who were able to settle up to 70 percent of their debts owed.

Accredited Debt Relief isn’t a credit counseling agency focused on getting you lower interest rates or a debt consolidation loan. The agency is focused on debt settlement. Potential clients begin with a free consultation.

If debt settlement is the best option, Accredited Debt Relief will help them stop using their credit cards and put money aside in a separate account to settle their credit card balances eventually.

To do so, unlike credit counseling or debt consolidation loans, they negotiate with creditors on their clients’ behalf to settle their debts for considerably less than the full amount owed. They also offer a money-back guarantee and allow you to cancel without a penalty at any time.

What We Like

  • Results-driven.
  • Free consultation.
  • Certified debt specialists.
  • A+ Better Business Bureau rating.

What We Don’t Like

  • Pricing is confusing and lacks transparency.
  • Not ideal for consumers with less than $10,000 in high-interest debt.

6. Freedom Debt Relief–Best Interactive Debt Relief Program

Freedom Debt Relief was our choice for this category due to its interactive client dashboard that allows clients to keep track of their progress easily. Established in 2002, Freedom Debt Relief also employs a highly trained staff of over 2,000 professional debt experts.

Clients start with a free consultation to discuss their debts and financial goals. The staff then helps in creating a personalized debt management plan. This includes setting aside money in a separate savings account each month to help you settle your debts.

Freedom Debt Relief claims its clients end up paying 50 percent or less than they owed. That said, the company can’t guarantee the complete settlement of your debts or for how much.

What We Like

  • Organized, interactive client dashboard.
  • Free consultation.
  • No hidden costs or upfront fees.

What We Don’t Like

  • Advertised savings are less than other debt relief programs.

Debt Relief Program FAQs

Debt is overwhelming, but the debt relief process doesn’t have to be. Here are some of the most frequently asked questions about debt relief to help you settle yours.

What Exactly Is Debt Settlement?

With debt settlement, debt relief companies ask clients to deposit a specific amount of money each month into a separate savings account. This money goes towards settling the debts.

Unlike debt consolidation, the debt relief service negotiates with creditors to help settle their clients’ debts for a fraction of the original amount. Debt settlement programs typically last from 24 to 48 months, and at the end of the program, clients can be close to, if not completely, debt-free.

What Do Debt Relief Programs Do?

Debt relief programs serve an essential function in helping people consolidate debt, avoid bankruptcy, pay off credit cards, and save money at the same time. While debt management plans and relief programs are far from free, clients can settle their debts for considerably less than they owe.

Despite helping people restore their credit standing, these programs require you to stop making payments on credit cards, personal loans, medical bills, and other debts throughout the negotiation process. This can affect your credit report and hurt your credit score.

However, it’s only temporary and your credit score should receive a significant boost not long after the program ends and you eliminate most of your debt.

Do You Need Debt Relief?

It depends. For starters, credit counseling, debt management and debt consolidation can certainly help.

But debt relief is a more reasonable solution for anyone with little-to-no hope of paying off their credit cards and other unsecured debt within five years. It’s also an ideal option for anyone whose unpaid, unsecured debt is greater than their gross income.

If you fall into one or both of these categories, relieving your debts through debt consolidation and settlement may be an option worth considering.

Can Debt Relief Make Things Worse?

Yes, debt relief can make things worse. Unfortunately, the debt consolidation and relief sector are ripe with scammers looking to prey on unsuspecting consumers.

Some promise a lower interest rate and charge high fees while doing little to nothing to back their promises. Keep in mind, many who begin debt settlement programs also fail to finish them. If you become one of these poor individuals, you may end up with debts even greater and credit scores even lower than when you started.

Do Debt Relief Programs Impact Your Credit?

One of the downsides of debt settlement programs is the hit they put on your credit score when you’re no longer making payments.

Since payment history is one of the biggest factors affecting your FICO credit score, it’ll drop noticeably when the program begins. This results in higher interest rates.

Fortunately, this issue is only temporary and your credit score should begin shooting up when the program ends.

How Much Do Debt Settlement Programs Cost?

The best debt relief companies offer a free consultation. From there, the programs come up with your performance-based fees. Generally, these fees equal a percentage of the amount of debt enrolled in the program.

According to our research, most companies charge 15 to 25 percent in fees to each client. If you sign on with a debt settlement company and enroll in a debt relief program to settle $15,000 in unsecured debt, it may end up costing you $2,000-$3,000 to have it resolved. This cost is in addition to the debt repayment amount.

Which Debt Relief Program Is the Best?

It’s not easy to reach out for help, but it’s sometimes the only option for consumers overloaded with unsecured debt. Thousands of people seek debt relief every single year. It’s not something to be ashamed of, but you do want to spend time reviewing your options.

We created the best debt relief program list based on no-hassle consultations, pricing transparency, overall effectiveness and customer feedback on debt consolidation and settlement.

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The information does not constitute advice or an offer to buy. Any purchase made from the above press release is made at your own risk. Consult an expert advisor or professional before any such purchase. Any purchase made from this link is subject to the final terms and conditions of the website’s selling mentioned in the source. The content publisher and its downstream distribution partners do not take any responsibility directly or indirectly. If you have any complaints or copyright issues related to this article, kindly contact the company this news is about. The links contained in this product review may result in a small commission to the author if you opt to purchase the product recommended at no additional cost.


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Is debt consolidation a good idea for your financial management Tue, 04 May 2021 23:54:26 +0000

Consolidating your wealth can be both beneficial and detrimental to your finances. However, what exactly is debt consolidation? Understanding it can help you understand if it would be helpful to you.

A Debt consolidation is a process in which you would receive a new line of credit to pay off existing debts. There is no limit or restriction on the types of loans that you can consolidate. You can take out a new loan and use the funds from those loans to pay off a variety of loans, including credit cards, student loans, medical debts, payday loans, or other personal loans.

While this can be a great option for consolidating your loans, it can prove to be a difficult task. While it can help you have some space to manage your budget, it can also prove to be a nightmare pulling you into the debt trap.

When Is Debt Consolidation Important To You?

A lot of it would depend on your financial situation or how well you are financially healthy. Reading the terms of debt consolidation should be an important aspect. Before you can get into the exact option, it may be quite wise to go into specifics. Services like Credit9 have proven to be very effective in this area.

A debt consolidation loan is designed to provide you with optimized interest rates and an improved debt repayment process. This can basically be useful enough to pay fairly low interest and get debt free in the best possible way.

Choosing the loan can be a good option if you pay enough attention to how it works. In practice, consolidating the bad loan can be quite risky. This can actually lead you to financial disaster in many cases. Being able to effectively manage your new loan should be what would make it a great option. However, if you’re not sure if you can commit to your new loan, you could end up making the wrong financial decision.

How to consolidate your loan?

Consolidating your loans may not be as easy as it sounds. It is advisable to go for the right kind of loan consolidation. You can either opt for a personal loan to consolidate your loans, or opt for debt consolidation agencies.

Personal loans usually come with a lower interest rate. You can settle multiple loans with the personal loan and have access to a single loan that you can focus on.

Signing up with a debt consolidation agency can indeed be the best option in many cases. The agency would be able to meet your needs and come up with the exact solutions and debt consolidation options best suited to your needs. It may be necessary to research whether the agency you have chosen is reliable enough.

Essentially, debt consolidation should be the best option that should help you take care of your existing debt and achieve a healthier financial situation for the days to come. Go for the right approach, and we’re sure you’ll find it enhancing your wealth.

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Hospital debt collection lawsuits get federal attention Tue, 04 May 2021 23:54:22 +0000

CMS administrator Seema Verma and consumer advocates speak out against recent media reports that have highlighted hospitals’ medical debt collection practices and the lawsuits they have brought against patients, according to ProPublica.

Memphis, Tennessee-based nonprofit hospital system Methodist Le Bonheur Healthcare; Fredericksburg, Virginia-based nonprofit association Mary Washington Hospital; state-run based in Charlottesville University of Virginia Health System; and Carlsbad Medical Center (NM) are among the organizations that have come under intense scrutiny in recent months.

In response to media reports, Ms. Verma expressed her point of view.

“We are learning how far some nonprofit hospitals go to collect the full list price for uninsured patients,” she told an American Hospital Association conference on Sept. 10. Meet in Washington, according to published remarks. “These hospitals refer patients to debt collectors, garnish wages, place liens on property, and even sue bankrupt patients.”

“This is unacceptable. Hospitals should be paid for their work, but it is actions like these that have led to calls for a complete takeover by Washington of the entire health care system,” a- she added.

Consumer advocates are also expressing concerns over findings regarding hospital forensic practices, according to ProPublica.

“It’s appalling how common this is,” Jenifer Bosco, a lawyer at the National Consumer Law Center, told the nonprofit news agency.

In general, hospitals have taken this increased attention and used it as an opportunity to review their collection practices and make changes in areas that can be improved.

More articles on health financing:

Massachusetts hospitals code with higher acuity to boost wages, watchdog says
2 Mississippi hospitals spend millions a year to avoid treating severe trauma patients
How medical bills affect families with children: 7 findings from the report

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Founder of startup Security Token arrested for sexual assault, Toronto police say Tue, 04 May 2021 23:54:21 +0000

The founder of a security token startup has been arrested for sexually assaulting a minor, Canadian authorities have said.

Trevor Koverko, former CEO of Polymath, was arrested on March 14 by Toronto police, department spokeswoman Caroline de Kloet told CoinDesk on Wednesday. He apparently deleted his Twitter.

Koverko was charged with “sexual interference with a person under the age of 16” (Sectionm 151 of the Criminal Code of Canada) and “sexual assault” (CC 271), said de Kloet.

Related: First comer – April 6, 2021

Chris Housser, the other founder of Polymath and Interim CEOsaid Koverko resigned his post at Polymath on February 8, 2021, well before the arrest.

“He has no role in the business, so any potential allegations have nothing to do with Polymath,” Housser said.

A lawyer for Koverko could not be located immediately. The Toronto Police spokesperson said Koverko was scheduled to appear in court on May 7. A first virtual hearing took place on March 14.

Koverko and Housser founded Polymath in 2017 as a company capable of supporting security tokens on its native Polymesh blockchain (although it originally ran on Ethereum). He raised $ 59 million through an initial coin offering in 2018.

Related: What Eth 2.0 meant in 2014 and what it means today

Prior to working in the blockchain industry, Koverko was a New York Rangers fifth round pick. Hockey team.

Related stories

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Main interview with Luky Alfirman, Indonesia Tue, 04 May 2021 23:54:20 +0000

Indonesia has responded boldly to the coronavirus. The government’s much-discussed plan to move the country’s capital from Jakarta to East Kalimantan has been scrapped. The 3% ceiling on the budget deficit, a crucial signal to foreign investors that successive governments are keen to keep national finances healthy, has also been temporarily dropped. The central bank and the finance ministry risked the wrath of foreign investors by agreeing to partial monetization of the debt.

It is certainly not the only country that has been forced to make difficult choices. Huge fiscal and monetary stimulus have been the norm. Governments across Asia, including Indonesia itself, have used severe containment measures to limit the spread of the virus, accepting the trade-off of serious economic disruption.

This helped ensure that Indonesia’s actions were applauded, rather than questioned, by international observers. Indonesia’s reputation as a wise and mature stakeholder in the international financial system – underpinned by the strong reputation of Finance Minister Sri Mulyani Indrawati – has remained intact.

This reputation also holds true for the country’s debt management office, which has proven to be one of the most active, flexible and mature sovereign debt teams in the world during the year 2020.

The country turned to the dollar bond market three times in the first half of the year, raising $ 9.8 billion, and sold a 100 billion yen ($ 943 million) Samurai bond in July. Its dollar deals included a $ 4.3 billion bond in April, which is still Asia’s closest to a sovereign ‘coronavirus bond’, though Indonesia halted just before restricting it. use of the proceeds to fight the pandemic.

When GlobalCapital Asia spoke to Luky Alfirman, director general of budget finance and risk management at the Indonesian finance ministry in early December, he was in a thoughtful mood. Alfirman has spent a lot of time reviewing funding decisions made in 2020, including the decision to issue a de facto coronavirus bond rather than a formal bond. But he also looked to the future, talking about the government’s funding plans for next year – and what he fears most from 2021.

Invest in Indonesia

The full video is included above, but Alfirman’s answers to two of the many questions we asked are included below.

GlobalCapital: There has been talk that your $ 4.3 billion bond in April could be an official Covid-19 bond. In the end, it was sort of a hybrid – you decided not to get the official label and explicitly earmark the proceeds for Covid relief, but you made it clear to investors that the majority of the proceeds would be used. to combat the impact of the pandemic. What stopped you from going all the way and selling an official obligation to respond to Covid?

Luky Alfirman: We have to go back to really feel what we were facing at that time. In April, the Covid-19 pandemic had just started and everything was still very uncertain. We did not know about the vaccine at the time. We were still busy with [questions like], “How many fans do we need? Do we need to build new hospitals? Do we have enough hospital beds?

Faced with this uncertainty, at a time when the market is very volatile, timing is very important. And from a government perspective, we need two things. We need to be able to act quickly but at the same time flexibly. These two things are very, very important to decision-makers, especially in this kind of situation.

When we were preparing to enter the market, we had three options: label it as an official Covid-19 or pandemic bond, issue a regular bond, or maybe, depending on your terminology, issue a hybrid. [of the two]. We had the experience of issuing thematic bonds, with our global sukuk. Pandemic links require additional efforts, both in terms of preparedness and beyond; after delivery, we need to produce a report, eg.

In April, we had to make a decision. We were faced with uncertainty. How much money should be used for health? For the social safety net? How much should we allocate for medical equipment? Things were very fluid at the time. Things were very dynamic. We had to have flexibility. That’s why, after thinking it over carefully, we decided that it was much better for us to post something in between.

We issued a regular bond but we added a note [for investors], which was that the proceeds will be used to support the management of the Covid-19 crisis. We rely so heavily on our reputation. Indonesia has been a frequent issuer in the market. We maintain good communication with investors. This is our trump card and this is why, even without explicitly labeling it as a Covid-19 or pandemic obligation, we were convinced that the market response would be rather positive.

GC: Let’s talk about your plans for next year. Can you describe your funding objective, as well as the likely choice of currencies?

Luky Alfirman: Of course, the financing need for next year will be determined by the budgetary situation. The budget deficit for next year is set at 5.7% of GDP. It’s part of the government’s fiscal consolidation plan, but in the face of the pandemic, the budget still needs to be expansionary to provide some kind of counter-cyclical support to the economy. In terms of numbers, we are going from a deficit of 6.34% in 2020 to 5.7% next year, which is lower but maybe not that much.

Remember, we relaxed our budget deficit rule of 3% of GDP for only three years. In 2023, we must return to deficits of less than 3% of GDP. This is our commitment. But the way we make this transition has to be smooth.

The face amount of funding this year is roughly the same. The question is: how do you get this funding? First, we will use internal government resources. We have an accumulated cash surplus over previous years. We will use it.

Second, we will continue to work with our development partners. In 2020, we received nearly $ 6.9 billion in support from multilateral and bilateral development agencies, such as the World Bank, Asian Development Bank, AIIB, Islamic Development Bank, KfW in Germany, JICA in Japan, AfD in France. Next year is still a work in progress, but we hope that we will continue to gain strong support from our partners.

The third step is the issuance, which will be rupee and not rupee. For non-rupiah it will be pretty much the same [as 2020]. We will issue a global conventional bond in US dollars; a global sukuk in US dollars, part of which is in the form of a green sukuk; a samurai bond in Japanese yen; and a bond in euros. we explore [the idea of issuing] an SDG bond for conventional investors, rather than just in the form of a sukuk.

In the domestic market, we will issue both conventional bonds and sukuk. We are also working on retail bonds.

We will have the support of Bank Indonesia, who will continue to be our reserve buyer in the bond market every week.

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CDC Travel Alert: Polio in Asia Tue, 04 May 2021 23:54:20 +0000

By NewsDesk @infectiousdiseasenews

The Centers for Disease Control and Prevention (CDC) released a travel alert this week due to polio outbreaks in several Asian countries.

Image / CDC

Polio outbreaks have been reported in the following Asian countries: Afghanistan, Burma (Myanmar), China, Malaysia, Pakistan, Philippines, Tajikistan and Yemen.

The CDC recommends that all travelers to the countries listed above be fully immunized against polio. Adults who were fully immunized during childhood should receive an additional (only one) lifelong booster dose of polio vaccine. Even if you were vaccinated as a child or if you were sick with polio in the past, you may need a booster dose to make sure you are protected.

Polio is a crippling and potentially fatal disease that affects the nervous system. Good hand washing practices can help prevent the spread of this disease. Because the virus lives in the stool (poo) of an infected person, people infected with the virus can pass it on to others when they do not wash their hands well after defecating (poop). People can also get infected if they drink water or eat food contaminated with infected feces.

Most people with polio don’t feel sick. Some people have only minor symptoms, such as fever, fatigue, nausea, headache, nasal congestion, sore throat, cough, stiff neck and back, or pain in the neck. arms and legs. In rare cases, polio infection causes permanent loss of muscle function (paralysis). Polio can be fatal if the muscles used for breathing are paralyzed or if there is an infection in the brain.

Liberia: polio epidemic declared national public health emergency

Philippines: measles and polio vaccination campaign to start in Eastern Visayas

Polio in Sierra Leone and Afghanistan surpasses 200 vaccine-derived cases

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Lady Gaga Offers $ 500,000 Reward for Information Leading to Arrest of Armed Dog Lappers Tue, 04 May 2021 23:54:19 +0000

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Lady Gaga’s dog walker was reportedly shot four times in the chest in Los Angeles on Wednesday night by gunmen who stole two of the superstar’s beloved bulldogs – with the distraught star offering a $ 500,000 reward, Your content has learned.

The reward comes less than an hour after Your Content readers were notified of a nighttime nap this resulted in four bullets in Gaga’s friend’s chest.

The armed maniac then fled with two of the three puppies.

The dog walker brought out three Gaga Bull Dogs in Hollywood just before 10 p.m. when a gunman – and possibly more – came upon him, TMZ reported.

– Publicity –

The dog walker was shot and the gunman fled with 2 of the dogs.

Ryan Fischer was ambushed in West Hollywood while walking the dogs of Gaga Koji, Miss Asia and Gustavo around 10 p.m., according to and the Backgrid press service.

He was reportedly in “serious” condition at the hospital. Video at the scene showed a man on the ground still clinging to a dog, KABC said.

Representatives for Gaga did not immediately respond to the comments.

LAPD’s Public Information Officer Jeff Lee told Your Content, “We had a shootout that took place at Block 1500 of N Sierra Bonita Avenue at 9:40 pm.

“An unknown suspect fired a shot. The victim was a 30-year-old white male.

“The victim was taken to the local hospital in an unknown condition. No arrests have yet been made.

Koji and Gustavo were both reportedly robbed, but Miss Asia ran away and was later picked up by the cops.

Police described the suspects as two black men wearing baseball caps.

They allegedly fled the scene in a white BMW, the media reported. They are still at large, according to TMZ.

This is breaking news in development. It will be updated momentarily.

– Publicity –

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From service-oriented architecture to microservices Tue, 04 May 2021 23:54:18 +0000

PHOTO: shutter

Existing systems are still the backbone of many businesses. Yet, as the demand for efficiency, scalability, reliability and agility increases, we have seen an evolution of these underlying technologies to meet those needs. Let’s explore some of these technologies, their history and evolution to see why such a change was inevitable. Because in today’s digital economy, organizations must drive at a much different speed than was previously acceptable and embrace change in their competitive landscape and products.

Service-oriented architecture to the rescue

Legacy systems, which are the backbone of many businesses, were not developed to support the implementation and adoption of new technologies and growing economies operating at breakneck speed. Therefore, as the number of digital transformation initiatives increases and the expected speed of delivery intensifies, IT managers are overwhelmed by the sheer number of demands on the systems. Additionally, existing legacy interfaces, developed in a world of daily batch calls, are not suited to today’s digital channels that require real-time data.

Step into Service Oriented Architecture (SOA), with its promise to accelerate project delivery, increase IT agility and scalability, and reduce integration costs. Gartner analyst Roy Schulte defined service-oriented architecture in 1996 as follows:

A service-oriented architecture is a style of multi-layered computing that helps organizations share logic and data across multiple applications and usage patterns.. “

The goal of SOA is to create independent services that represent a single business activity with a specified outcome, that are self-contained and can be consumed by others, regardless of the details of its implementation depending on the exposed interface. However, as SOA has been adopted by organizations around the world, SOA governance requirements, large-scale ESB integrations, and the need for large service registries have made implementations cumbersome and monolithic.

SOA’s original promise was to speed up project delivery, increase agility, and reduce costs. However, SOA users have found that it increases complexity and introduces bottlenecks. While teams were able to create faster connections, they also had to maintain a large ESB implementation which slowed down production time and did not provide a reasonable return on investment.

Associated article: Modernizing Legacy Technology: Big Bang or Fragmentary?

Microservices: creation of the software assembly line

Microservices are actually the next step in the evolution of service-oriented architectures. A microservice is:

  • Functional scope: The design of microservices is based on services and applications that perform a narrowly defined business function. A microservice does not have to be small, its size depends on the complexity of the business function it performs. However, it will be smaller than an application which contains its functionality as well as other business functions.
  • Autonomous: The essential element of a microservice is that it must be self-contained. That is, it should be able to operate on its own and without the need for other services. Other services can be stacked (such as a service that handles user authentication), but it performs its business function independently. It can be developed and tested independently, and it can be deployed independently.

More than anything else, a microservices design forces us to rethink the way we plan projects and lead teams. It affects the way we think about deliverables, application lifecycles, and production time. It lends itself to a DevSecOps-based approach that is grounded in merged Scrum teams with an emphasis on automation, speed and agility. In some ways, this is akin to the shift in mindset that came with assembly-line production and the lean philosophies that revolutionized the manufacturing industry in the early 20’s.e century. Some of the advantages of using a microservices-based architecture are:

SpeedBecause a microservice is a stand-alone unit, independent Scrum teams can develop, test, and release it into production independently from other parts. Each new unit provides critical and unique functionality, but no unit prevents the set from functioning. Therefore, services can be created and deployed in production in small Scrum teams.

Agility An agile environment succeeds on small units that can be built into Scrum teams of six to eight, tested, and added to the release pipeline. Microservices not only work, but thrive in an agile environment, and drive faster, faster versions of stand-alone units that can be promoted into production as stand-alone units.

Flexibility – Autonomy and lack of dependencies of microservices offer a number of advantages: teams can use the language and tools that best fit the problem, they can test, build and deploy features without being obstructed by others. teams and departments, and the code base that each team must manage is considerably smaller and simpler. They provide the ability to try out a new technology stack on an individual service as needed. There won’t be as many addiction issues and undoing changes becomes much easier. With less code in play, there is more flexibility.

And to top it all, Simplicity – Microservices provide us with the smallest unit of productivity in a complex ecosystem of IT services within any organization, such as complex human body cells. It forces organizations to think about their simplest business function and smallest unit of work. Additionally, rather than working on one element of a centrally managed project, each team working within a microservices architecture is free to innovate as part of a single business function, driving innovation. and risk taking that does not affect the whole organization.

Thinking and designing our applications in terms of small independent units is the first step towards building a modern, agile, agile and scalable infrastructure. While there is always technical debt as teams balance time and design, it is easier to pay off this debt. In fact, as organizations evolve and change their requirements, IT departments can work alongside them to replace services rather than maintain them.

Associated article: What microservices bring to the digital workplace

Geetika Tandon is a Senior Director at Booz Allen Hamilton, a management and technology consulting firm. She was born in Delhi, India, holds a BA in Architecture from the University of Delhi, an MA in Architecture from the University of Southern California and an MA in Computer Science from the University of California to Santa Barbara.

The views and opinions expressed in these articles are those of the author and do not necessarily reflect the official policy or position of his employer.

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