Language account – Eart Documents http://eartdocuments.com/ Thu, 30 Jun 2022 17:52:56 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://eartdocuments.com/wp-content/uploads/2021/06/icon-2021-07-01T001347.882.png Language account – Eart Documents http://eartdocuments.com/ 32 32 Is using a personal loan advisable for business advancement? https://eartdocuments.com/is-using-a-personal-loan-advisable-for-business-advancement/ Thu, 30 Jun 2022 11:51:45 +0000 https://eartdocuments.com/is-using-a-personal-loan-advisable-for-business-advancement/ One of the most common services rendered by financial institutions in the Philippines is a loan. There are different types of loans, allowing you to pay various costs of different natures. Financial institutions add a certain amount to the loan you get, called interest, and are paid over a predetermined period. Starting a small or […]]]>

One of the most common services rendered by financial institutions in the Philippines is a loan. There are different types of loans, allowing you to pay various costs of different natures. Financial institutions add a certain amount to the loan you get, called interest, and are paid over a predetermined period.

Starting a small or large business isn’t easy, and it often takes a lot more time, patience, preparation, and money than you might expect. Fortunately, there are resources available to help business owners with capital. There are different types of loans, such as payday loans and business loans, but business loans and personal loans are two of the most popular loan types.

The definition of consumer loans is fundamentally different from how businesses borrow money to pay operating expenses. Although some transactions, such as the purchase of real estate, may be comparable, the terms of business and consumer loans may differ significantly.

But when is it advisable to take out a personal loan to repair your loan? But first, let’s review some basic information about personal loans and business loans.

Some basics about personal and business loans:

  • Among the most popular categories of loans, such as business loans or payday loans, the most common are personal and business loans.
  • Personal loans can be used to pay a range of expenses. By the way, you can find the right company for a loan here https://fintree.ph, where you will find a choice of reliable institutions that will give you money quickly and easily.
  • Different components of a business, including expansion, capital injection, and machinery purchases, are financed through business loans.
  • While business loans can be secured or unsecured, personal loans are often unsecured.
  • While business loans require more evidence, personal loans can be accepted with little or no supporting evidence.

Difference Between Personal Loans and Business Loans

The following examples highlight some of the key distinctions between personal loans and business loans:

  • A personal loan can be used for any reason, and you are often not required to provide the lender with justifications to obtain one. However, when applying for a business loan, you must explain why you need it and how you plan to use the funds.
  • When comparing personal loans to business loans, it should be noted that the former are generally unsecured loans without the need for collateral. If you need a large loan for your business, financial institutions may encourage you to mortgage your offices or factories.
  • Personal loans have no tax advantages, while interest on any type of commercial or professional loan will include tax deductible added to the interest which will be repaid together.
  • Another distinction between personal and business loans is that the former often have shorter repayment terms, typically up to five years. A business loan can have a term of one to fifteen years and can be short or long term.
  • Personal loan applications are processed and disbursed quite quickly due to their nature. Before approving and paying the loan amount for business loans, financial institutions must process the loan application, complete the necessary documentation and perform due diligence.

Different types of loans that can benefit you

Let’s look at some types of loans, personal, business, payday and commercial.

Personal loans are needed for individual and emergency needs like going on vacation, paying rent, settling hospital bills, and any one-time demands. What is a business loan? Our main focus in this article is a loan that you raise for the purpose of growing your business.

This will lead us to what is a repayable loan or what are repayable loans? These are low amount loans but have high interest and an agreement that it is supposed to be repaid when the borrower gets his next salary.

Also, what is business loans, it is a loan that business owners can use to meet all their short-term capital needs.

When does it make sense to get a personal loan for my small business?

You now have two great options for financing your small business. However, there are a few factors to consider when determining which loan is right for you, whether business or commercial loans, payday loans or personal loans.

Before approving your small business loan application, some lenders may require you to submit specific business-related documents.

Some banks may require you to produce your company’s business plan or tax returns. On the other hand, you do not need to demonstrate a business interest to obtain a personal loan.

However, you must confirm that the lender has no restrictions on using the money for business purposes before applying for a personal loan. Be honest about your intentions as a borrower and make sure the lender knows you can use the money for your business if the rules for personal loans are unclear.

You can choose an unsecured personal loan if you don’t have any assets that can serve as collateral for a business loan. With a secured loan, the lender has the right to take possession of an investment that you have pledged, such as your home, car, or inventory in the case of small businesses. Although most personal loans are unsecured, some small business lenders may require you to provide collateral.

Conclusion

Make sure you understand the terms of the loan before applying to ensure you can use it for business purposes. If anything is unclear, you should ask the lender immediately. Also spend time creating a budget and a business strategy, as these documents can help you get the proper documentation to get the loan you want.

In the Philippines, the government provides financial support to people interested in obtaining business loans. Just make your demands and you will surely get what suits your purpose.

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Cash on Your Mobile looks at flexible ways to get loans https://eartdocuments.com/cash-on-your-mobile-looks-at-flexible-ways-to-get-loans/ Mon, 27 Jun 2022 23:33:33 +0000 https://eartdocuments.com/cash-on-your-mobile-looks-at-flexible-ways-to-get-loans/ Cash on your mobile is a reliable and trustworthy company offering a wide range of comprehensive loan services. In a recent update, the team looked at several flexible ways to get loans. Milton, Queensland – June 27, 2022 – In a recent post on the website, the company outlined the terms and conditions a customer […]]]>

Cash on your mobile is a reliable and trustworthy company offering a wide range of comprehensive loan services. In a recent update, the team looked at several flexible ways to get loans.

Milton, Queensland – June 27, 2022 – In a recent post on the website, the company outlined the terms and conditions a customer should consider when looking for the best cash loans Brisbane has to offer.

That’s why they do everything to encourage customers to have better scores. They can help a client obtain a loan, helping them resolve their financial situation. So whether a client is looking for extra dollars to pay for rent or groceries, the team knows the proper steps to get a great result.

The Cash on Your mobile team knows how intimidating applying for a loan from the bank can be. Hence, they have developed payday loans in Brisbane to relieve customers from stress and phone calls to accept loan applications. The gain can go up to one year.

Additionally, the team offers top-notch car loans in Brisbane. They know the ins and outs of money lending services and will give the customer the best option. So this team trusts if a customer’s car has exploded.

About Cash on your mobile

Cash On Your Mobile is a certified and most trusted moneylender in Brisbane. The company offers top-notch loan services to all of its customers. Moreover, the team is friendly and affectionate, answering the concerns and questions of the customers as well as possible so that they can understand.

Media Contact
Company Name: Cash on your mobile
Contact person: james clark
E-mail: Send an email
Call: (173) 554-1338
Address:Level 1/16 McDougall Street, Suite 437
Town: Milton
Country: Australia
Website: https://cashonyourmobile.net.au/

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bne IntelliNews – Soaring inflation is forcing more Russians to take out ‘payday’ loans https://eartdocuments.com/bne-intellinews-soaring-inflation-is-forcing-more-russians-to-take-out-payday-loans/ Sat, 25 Jun 2022 19:09:50 +0000 https://eartdocuments.com/bne-intellinews-soaring-inflation-is-forcing-more-russians-to-take-out-payday-loans/ Skyrocketing inflation is forcing more and more Russians to take out expensive short-term loans to last until the end of the month when they get their paycheck. Russians took out more consumer loans just to cover daily expenses in May this year than during the coronavirus crisis. Short-term loans for “emergency purposes” to cover a […]]]>

Skyrocketing inflation is forcing more and more Russians to take out expensive short-term loans to last until the end of the month when they get their paycheck.

Russians took out more consumer loans just to cover daily expenses in May this year than during the coronavirus crisis. Short-term loans for “emergency purposes” to cover a monthly shortfall accounted for 10% of all personal loans taken out in May, compared to 6% in the same month a year earlier, reports the Central Bank of Russia (CBR). . The number of applications for these loans also increased by 1 pp from April to May and by 2.5% year on year, Kommersant reports.

In addition, the average loan size has also increased. Experts believe it’s because banks have clamped down on the number of loans they issue and are imposing stricter rating criteria in a bid to contain the growth of non-performing loans (NPLs) as Russia heads towards recession, due to the extreme sanctions imposed. by the West after Russia invaded Ukraine in February.

“In May 2022, 2.38 million payday loans of up to RUB 30,000 ($563) for up to 30 days were issued for a total of RUB 21.59 billion. This is the highest volume since December of last year, and is 16% higher than the previous year. According to the Central Bank, in January-March throughout Russia microloans were issued [worth] 175 billion rubles,” the National Bureau of Credit History said.

Soaring inflation is at the root of the problem, which is eating away at incomes faster than companies can raise wages. Inflation is at multi-year highs even after falling from 17.8% in April to 17.1% in May.

And the pressure is unlikely to let up any time soon, even after the CBR’s emergency interest rate hike to 20% just after Russian forces crossed the Ukrainian border, which appears to have effectively contained inflation. As price growth pressures ease, CBR cut rates to pre-war level of 9.5%, but inflation remains in double digits, disproportionately hurting the poorest .

CBR currently forecasts average inflation this year in the range of 14%-17% and 5%-7% next year, while the prime interest rate is expected to fall back towards 4% in 2024, says CBR , but that doesn’t mean helping low-income families in the meantime, because high inflation reduces real incomes.

Less than a quarter (23%) of Russian borrowers are confident they will be able to repay loans they have already taken out, according to a newly released survey by Kept (formerly KPMG) conducted in April-May, while three-quarters of Russians anticipate problems in meeting debt payment obligations. The survey covered not only individual bank customers, but also small and medium-sized enterprises (SMEs). This uncertainty is caused by the fear of losing jobs. Unemployment has not risen from the current figure near post-Soviet lows of just over 4%, despite an expected economic contraction of 8% to 15% this year, but regional authorities are already signaling early signs growing tension in labor markets. At the height of the coronavirus (COVID-19), pandemic unemployment exceeded 8% and is expected to rise to those levels in the coming year. In anticipation, the vast majority (93%) of Kept respondents plan to cut costs in anticipation of tougher times ahead.

Borrower anxiety has yet to show up in banking statistics, although the CBR stopped reporting some key variables like NPLs and industry earnings in April.

As of April 1, loans overdue by 90 days or more (the definition of NPL) exceeded 1 trillion rubles, but as a percentage this is only 4.1% of banks’ portfolio and less than last September ( 4.3%), reports Kommersant. Sberbank told the publication that the share of loans overdue by a day or more is only 1.5% and that “no problems” are visible with regard to corporate clients.

However, banks and the government are already taking action: banks can restructure problem loans and the CBR said in its last May banking update that the government has used money from the National Welfare Fund (NWF) to recapitalize important companies. The problems were mitigated by credit vacancies and restructurings, without which bad debts in April-May could have increased by 15%, Kommersant cites experts who estimate that one in seven borrowers have lost the ability to repay their debt. Independent expert Andrei Barkhota said Kommersant that bad debts could increase by 25 to 30% by the end of the year.

The state is already planning to step in to cushion the blow with a 4 trillion ruble ($67.8 billion) welfare package to cushion the economic blow of war in Ukraine. The Ministry of Finance announced a 10% increase in pensions in early June, the Bank of Finland’s Institute for Emerging Economies (BOFIT) said in its June 10 weekly update. As Russians still retire relatively young, families with a pensioner, who usually also have a part-time job, tend to be among the safest. Most Russians see a pension not as a retirement plan, but as a supplement that pays for a better standard of living in the second half of their life.

“The previous 8.6% increase in pensions was scheduled for the start of this year. The increases are intended to compensate retirees for rising consumer prices. As for the increase now made, it represents compensation for the sharp rise in prices that followed Russia’s invasion of Ukraine,” reports BOFIT.

The government’s spending plan aims to boost wages and social benefits for millions to mitigate the economic fallout from the country’s invasion of Ukraine. A bill signed by Russian Prime Minister Mikhail Mishustin on June 21 will also increase Russia’s minimum wage and living wage, by around 10%, according to the business daily. Vedomosti. Under the new measures, families with children under the age of three will also increase. There will also be more financial support for low-income families with children up to age 17. The proposal was presented by President Vladimir Putin last week at a televised meeting of the Russian Council of State, where he stressed that the main task of the Kremlin would be to ensure that the minimum wage remains above of the “minimum subsistence”.

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Survey finds 81% of hourly workers cut back due to high gas prices [Video] https://eartdocuments.com/survey-finds-81-of-hourly-workers-cut-back-due-to-high-gas-prices-video/ Fri, 24 Jun 2022 17:29:42 +0000 https://eartdocuments.com/survey-finds-81-of-hourly-workers-cut-back-due-to-high-gas-prices-video/ The effects of inflation and high gas prices are hitting hourly workers hard, according to a new survey. Eighty-one percent of these workers report that rising gas costs have reduced their ability to pay for other things. Seventy-seven percent say financial stress is impacting their health – and 22% say they are turning to payday […]]]>

The effects of inflation and high gas prices are hitting hourly workers hard, according to a new survey.

Eighty-one percent of these workers report that rising gas costs have reduced their ability to pay for other things. Seventy-seven percent say financial stress is impacting their health – and 22% say they are turning to payday loans this year to fill in the gaps.

These are “really striking findings,” said Emerson Sprick, a political analyst at the Bipartisan Center, which helped oversee the investigation, during a live interview on Yahoo Finance on Thursday. He added that gas prices “force people to make real trade-offs on what they spend, between gas and groceries, between auto repair and health care.”

The most recent data from the American Automobile Association indicates that prices are just under $5 per gallon in the United States. .

SCITUATE, MA – JUNE 13: Gasoline prices soar well over $5.00 per gallon at a Sunoco station on June 13, 2022 in Scituate, Massachusetts. (Photo by Matt Stone/MediaNews Group/Boston Herald via Getty Images)

The data comes from a new Harris Poll released this week and commissioned by DailyPay and Funding Our Future, an alliance of organizations dedicated to making secure retirement possible for all Americans, partnered with Yahoo Finance. This survey was conducted in May among 2,032 American adults, 654 of whom said they were hourly workers.

The results show how the recent economic downturn has exacerbated the financial fragility long felt by many Americans. An oft-cited 2018 Federal Reserve study found that 40% of adults, “if faced with an unexpected expense of $400, would not be able to cover it or would cover it by selling something or borrowing money “. More recent research found that a third of working adults worry about their ability to pay for a financial curve such as car repairs.

Meanwhile, in May, the US savings rate hit its lowest level since 2008, drying up as inflation outpaces wage increases.

This week’s survey also shows greater challenges to saving for the future. Four in 10 hourly workers with household incomes under $100,000 say they save less than a year ago or not at all. And 39% of all women on an hourly wage say they save less than last year.

“Women bear the brunt of many of these labor market dynamics,” says Sprick. “They’re forced to balance work and other chores in a way that, on the whole, men just aren’t.”

Make ends meet

The survey also offers clues about where many of the poorest Americans turn to make ends meet. Twenty-two percent of hourly workers say they have taken out a payday loan this year, a figure that jumps to almost a third when looking only at 18-34 year olds.

Survey organizers say employers can do more to offer benefits like pay-as-you-go to help their workers avoid payday loans, which can charge exorbitant interest rates and have consequences long-term detrimental to a family’s financial health.

“To dispel a fairly common misconception, it’s not about paying people upfront,” Sprick notes. “It’s just about paying people in a timely manner, making sure people have access to their salary as they earn it.”

DailyPay, one of the organizers of the survey, offers employers on-demand payment products.

Washington lawmakers are also trying to push forward ideas to help Americans put money aside in an emergency savings account. However, these provisions are still being negotiated and their effects are unlikely to be felt until 2023 at the earliest.

Ben Werschkul is a writer and producer for Yahoo Finance in Washington, DC.

Read the latest financial and business news from Yahoo Finance

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S Korean Travel makes localized payment case https://eartdocuments.com/s-korean-travel-makes-localized-payment-case/ Wed, 22 Jun 2022 08:03:42 +0000 https://eartdocuments.com/s-korean-travel-makes-localized-payment-case/ Neither pandemic surges nor inflation will deter adventurous South Korean travelers from booking travel in a year of recovery, but it’s an advanced market that demands more of travel experiences, the way travelers are able to pay and, in the case of suppliers, to be paid. Regardless of the market, it comes down to strong […]]]>

Neither pandemic surges nor inflation will deter adventurous South Korean travelers from booking travel in a year of recovery, but it’s an advanced market that demands more of travel experiences, the way travelers are able to pay and, in the case of suppliers, to be paid.

Regardless of the market, it comes down to strong execution of location strategies globally, as Damien Cramer, Global Head of Travel at Worldline, told PYMNTS’ Karen Webster.

To say that Asia is always behind the West “by a year or a season, if you will,” Cramer explained, “South Koreans, like Singaporeans where I am, and like some of the other maybe more developed markets in Southeast Asia, are a bit ahead of some other markets, and we’re looking forward to travel and we’re definitely planning to travel significantly.

In early June, the South Korean government eased its COVID-19 restrictions, eliminating the so-called push for “revenge trips” for takeoff.

To get the most out of it, travel suppliers must cater to local and regional payment preferences or risk running into foreign exchange (FX) issues that can kill a transaction, Cramer said.

“The biggest challenge, if I had to make it really basic, is the difference in language and cultural experience,” he said. “If you’ve ever branched out and hopped on a native [eCommerce] website or a native [travel] website in Indonesia, the product, the way things are presented and the user experience is quite different from how many westerners like to see it.

It does this by embracing and reflecting cultural, linguistic and regional differences and presenting them appropriately for South Korea – or any distinct geographic market – because what works even in a border country will work at all in neighboring markets.

See also: European Worldline Joins Spreedly’s PSP Partner Program

Conversion of local payments

Highlighting the rising costs of international travel, Cramer said: “What we need to be aware of is that in this costly purchasing decision there is an important level of trust – trusting the way the payment solutions are presented, the types of payment solutions presented, are they payment solutions that I know, trust and recognise? »

Yes, Visa and Mastercard are there, but they go hand-in-hand with “a lot of other very localized payment options where consumers have a high level of trust, and they’re heavily integrated into that market,” he said. he declared to Webster.

“I think we’ll see situations where customers will go, ‘if the airline…that I want to book isn’t going to present me with the option to pay with my Samsung card or whatever, but I can access a online travel will do that, I might be more inclined to use that secondary payment option or that secondary channel, rather than the primary channel,” he said.

It’s a failed conversion and a lost customer – two punches that all players try to avoid.

Approval rates come into the discussion with urgency when cross-border payments are involved, and there are issues that travel providers and payment providers need to address.

“I’m not a very tech-savvy person, but there’s a dark art, I think, associated with approval rates, how and where you route transactions,” Cramer said. “One of the things that’s mostly true is that the closer you can get to a localized network and a localized solution, the more likely you are to get approved.”

Read also: Worldline and Myra team up to deliver better hospitality payments

Data, trust and “Revenge Travel”

The pain and friction of international routing and approvals for expensive travel purchases that set off alarm bells with fraud schemes underscores the role of trust in these transactions.

“Travel is an ambitious service,” Cramer said. “What you get is a market ripe for some level of fraud. People want it, some people can’t afford it or want a better product or better service or whatever, and it happens. lends itself to levels of fraud.

Calling Strong Customer Authentication (SCA) models “a very good way to combat this”, Cramer said the new authentication capabilities are a huge improvement over last-generation solutions which he called ” crude and clumsy” and designed to protect traders more than consumers.

Meanwhile, he said these SCA solutions that assess fraud and risk are based on data points.

“There are some really valuable data points [being collected],” he said. “The data points that we have as a large payments processor that we can add to this are all very important and valuable when it comes to strong customer authentication.”

Worldline offers SCA services and will introduce them in South Korea as part of continued expansion into Asia and other markets.

The data goes a long way in everything from authenticating the purchase up front to issuing a refund down the line if needed, as so many others have since 2020.

“To a large extent, the rails, the infrastructure and the processes [needed] to be able to manage the reverse flow and overall risk were not in place,” he said. “We had to learn by doing. We learned by failing in some cases. We learned by co-creating a whole bunch of challenges.

Post-pandemic, there is “much more know-how and understanding, out of necessity rather than pure strategic decision-making intent, about the processes, systems and services that help manage and protect customers and the funds…and the whole mechanism around how the reimbursement processes work.”

Call it a recovery, a rebound or a journey of revenge, but pent-up demand in hot markets like South Korea is serving as a precursor to the broader global recovery, and there are new expectations.

“Ultimately, we have to adapt to consumer demand, and rightly so consumer demand in this market is going to require levels of flexibility, or a higher proportion of the population requiring levels of flexibility, than they would have otherwise before that, I didn’t expect that,” he said.

“Merchant Systems and Processes [and] payment service providers like us who handle and handle the money on their behalf, through the network to issuers, have been set up to support this,” he added. “Every crisis creates an opportunity.”

It’s an opportunity with a mission. Cramer pointed to a study that showed 60% of South Koreans are “excited” about the potential of technology to personalize their travel experience.

“I was watching this and I was like ‘OK, 60% is pretty good,'” he said.

And a lot of opportunities to exploit.

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NEW PYMNTS DATA: THE CUSTOM PURCHASING EXPERIENCE STUDY – MAY 2022

About: PYMNTS’ survey of 2,094 consumers for The Tailored Shopping Experience report, a collaboration with Elastic Path, shows where merchants are succeeding and where they need to up their game to deliver a personalized shopping experience.

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Amy wanted to get rid of 34HH boobs until she found OnlyFans and made £40,000 in a month https://eartdocuments.com/amy-wanted-to-get-rid-of-34hh-boobs-until-she-found-onlyfans-and-made-40000-in-a-month/ Sun, 19 Jun 2022 13:23:27 +0000 https://eartdocuments.com/amy-wanted-to-get-rid-of-34hh-boobs-until-she-found-onlyfans-and-made-40000-in-a-month/ A woman who wanted a cut to stop people staring at her 34HH boobs is now earning £40,000 a month on OnlyFans and has paid off her family’s total debt of £130,000. Amy Sophia, 27, from Leeds, was so insecure about her ‘huge boobs’ that she used to try to hide her figure in baggy […]]]>

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

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

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

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

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

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

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

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

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

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

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

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

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



Amy Sophia (Press Jam)

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

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

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

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

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



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

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

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

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

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

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

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

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

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

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

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

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

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MICROCAPITAL BRIEF: UNCDF, Quizrr, Ulula, Wagely Supporting Financial, Digital Literacy for Garment Worker in Bangladesh https://eartdocuments.com/microcapital-brief-uncdf-quizrr-ulula-wagely-supporting-financial-digital-literacy-for-garment-worker-in-bangladesh/ Thu, 16 Jun 2022 05:03:00 +0000 https://eartdocuments.com/microcapital-brief-uncdf-quizrr-ulula-wagely-supporting-financial-digital-literacy-for-garment-worker-in-bangladesh/ The United Nations Capital Development Fund (UNCDF) recently committed approximately US$556,000 to support pilot training programs for workers in the garment industry in Bangladesh. The funding will pay for technical assistance and performance-based grants for three companies seeking to promote financial and digital literacy skills and therefore financial and digital inclusion for 135,000 people working […]]]>

The United Nations Capital Development Fund (UNCDF) recently committed approximately US$556,000 to support pilot training programs for workers in the garment industry in Bangladesh. The funding will pay for technical assistance and performance-based grants for three companies seeking to promote financial and digital literacy skills and therefore financial and digital inclusion for 135,000 people working in the sector, mostly women. UNCDF implementing partners for the project are Quizrr, Ulula and employee. Wagely will offer attendees its Earned Wage Access service, which allows workers to collect their wages in advance. The other two companies are collaborating to provide digital training on “human rights and responsibilities, worker engagement and digital wages”.

Founded in 2020, Wagely is an Indonesian platform with a mission to “provide a sustainable solution for all employees to break the cycle of indebtedness caused by overdraft fees, high interest credits or loans on salary and play a leading role in building financial well-being for the weakest”. – and middle-income workers in Indonesia.

Quizrr is a Swedish education technology (edtech) company established in 2013. It offers training for digital workers from offices in Bangladesh, China, Thailand and Sweden. The company claims to have served 1.3 million users who work in 600 factories.

Launched in 2013, Ulula, which means “reveal” in Chichewa, is a Canadian company whose services include anonymous feedback and engagement solutions for workers to report human rights abuses, as well as tools to measure the scale of business contributions to the United Nations Sustainable Development Goals. . The company claims to have served 1.6 million users in 40 countries.

Established in 1996 and based in the US city of New York, UNCDF works to create opportunities for the poor and their businesses by improving access to microfinance and other forms of investment capital. The organization operates in 47 low-income countries in Africa, Asia and the Pacific, with a particular focus on countries emerging from crises. For 2020, UNCDF had a budget of $75 million and supported initiatives providing financial services to 3 million unbanked and underbanked customers.

By Saulius Simonas Ramanauskas, Research Associate

Sources and additional sources

UNCDF press release
https://www.uncdf.org/article/7684/financial-digital-solutions-garment-workers-bangladesh

Quizrr homepage
https://www.quizrr.se

Ulula homepage
https://ulula.com

Salary home page
https://www.wagely.app

UNCDF homepage
https://www.uncdf.org

Previous note from MicroCapital on UNCDF
https://www.microcapital.org/microcapital-brief-public-sector-commits-61m-to-smes-via-bamboo-uncdf-initiative-for-the-least-developed-build-fund

Did you know that MicroCapital publishes the MicroCapital Monitor every month? Learn more at https://www.microcapital.org/products-page/.

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Close to retirement? Here’s how to get rid of your debt before you leave work. https://eartdocuments.com/close-to-retirement-heres-how-to-get-rid-of-your-debt-before-you-leave-work/ Tue, 14 Jun 2022 12:00:55 +0000 https://eartdocuments.com/close-to-retirement-heres-how-to-get-rid-of-your-debt-before-you-leave-work/ Almost everyone gets into debt from time to time, and it’s not always a big deal. But as you approach retirement, you want to get as much out of debt as possible. With fewer payments to worry about, you can further expand your existing savings. But getting rid of debt, especially high-interest debt, is easier […]]]>
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Is debt threatening to ruin your retirement before it begins? 4 tips that can help | Personal finance https://eartdocuments.com/is-debt-threatening-to-ruin-your-retirement-before-it-begins-4-tips-that-can-help-personal-finance/ Sun, 12 Jun 2022 11:00:00 +0000 https://eartdocuments.com/is-debt-threatening-to-ruin-your-retirement-before-it-begins-4-tips-that-can-help-personal-finance/ (Kailey Hagen) Almost everyone gets into debt from time to time, and it’s not always a big deal. But as you approach retirement, you want to get as much out of debt as possible. With fewer payments to worry about, you can further expand your existing savings. But getting rid of debt, especially high-interest debt, […]]]>

(Kailey Hagen)

Almost everyone gets into debt from time to time, and it’s not always a big deal. But as you approach retirement, you want to get as much out of debt as possible. With fewer payments to worry about, you can further expand your existing savings.

But getting rid of debt, especially high-interest debt, is easier said than done. If you’re struggling to get your finances under control, these four tips might help.

Image source: Getty Images.

1. Focus on high-interest debt first

You should always prioritize debts with the highest interest rates first. If you have payday loans or credit card debt, this is the best place to start. Don’t worry so much about mortgages or other low interest debt. Keep making your payments on these, but don’t put any extra money into them until your high-interest debt is paid off.

The debt avalanche method is a popular strategy for paying off credit card debt across multiple cards. First, you make the minimum payment on all your cards each month. Then you put any remaining money on your debt with the highest interest rate. When you have paid off that debt, you move on to the debt with the next highest interest rate, and so on.

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You can also try using a balance transfer card or a personal loan. Balance transfer cards temporarily halt your balance growth, so they’re a good choice if you’re sure you can pay off what you owe within the 0% introductory period. Otherwise, a personal loan might be a better option. These give you a predictable monthly payment, so you don’t have to worry about your balance growing.

2. Look for other ways to make more money

Bringing in more money can help you pay off your debt faster. You might be working overtime at your current job or starting a side hustle. Or you can use windfall earnings, like year-end bonuses, pay raises, and birthday money, for debt repayment.

Again, if you have high-interest debt, focus on that first, and you might even want to put your retirement savings on hold for a while. You’re probably paying more interest on your credit card in a year than you’ll earn investing your money, so it makes more sense to spend all your money on that debt first. Then, when it’s paid off, you can save for retirement and work on your other types of debt at the same time.

3. Don’t Touch Your Retirement Savings Sooner

You may be tempted to withdraw some of your retirement savings early to pay off your debts, but this is actually counterproductive. For one thing, you’ll pay a 10% early withdrawal penalty if you take money out of most retirement accounts before you turn 59½ – and that’s on top of the taxes you’ll have to pay if the money comes from a tax. – deferred account.

You will also significantly reduce your retirement savings. When you start saving again, you will need to save a lot more per month to retire on time. You’d better leave your savings alone so they can grow until retirement.

4. Delay retirement

When all else fails, you can always delay your retirement to give yourself more time to save and pay off debt. It’s not the ideal solution, but it’s better to run out of money early. You could also slowly transition into retirement, perhaps going part-time for a while before quitting for good.

Everyone’s debt repayment strategy will be a little different, depending on what they owe and how close they are to retirement. But don’t make the mistake of thinking it will get easier over time. The sooner you start paying off your debts, the better off you will be in the long run.

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