Underground Economy – Darkholme Keep http://darkholmekeep.net/ Thu, 29 Sep 2022 20:30:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://darkholmekeep.net/wp-content/uploads/2021/06/icon-7-70x70.png Underground Economy – Darkholme Keep http://darkholmekeep.net/ 32 32 Get Payday Loans No Guaranteed Approval No Credit Check https://darkholmekeep.net/get-payday-loans-no-guaranteed-approval-no-credit-check/ Thu, 29 Sep 2022 20:30:00 +0000 https://darkholmekeep.net/get-payday-loans-no-guaranteed-approval-no-credit-check/ Keeping your credit history in the good credit score range can be difficult. This makes it difficult to get a loan, as it usually requires good credit. This is why no credit check loans favor people with bad credit. Lenders who offer these loans do not consider your credit score when approving loans. With today’s […]]]>


Keeping your credit history in the good credit score range can be difficult. This makes it difficult to get a loan, as it usually requires good credit. This is why no credit check loans favor people with bad credit. Lenders who offer these loans do not consider your credit score when approving loans.

With today’s saturated loan market, it can be difficult to find reliable lenders with bad credit. There are many scammers in the market who target people who are desperate for financial help.

So how do you find a reliable lender offering bad credit loans with guaranteed approval online?

This article shares with you a list of trusted platforms that will connect you with reliable lenders. Each broker works with a list of lenders, which saves you from contacting many lenders directly and filling out too much paperwork.

1. CocoLoan – A quick and easy way to get personal loans for bad credit

2. Problematic loans in the United States – Get short-term loans online quickly and without a credit check

3: WeLoans – A convenient way to get personal loans with or without collateral

4: iPaydayLoans – Get fast same day funding with no credit checks required

5. EasyPaydayLoans – An easy way to qualify for payday loans with bad credit

6. UnityLoan – Guaranteed approval for bad credit loans up to $5,000

seven. honest loans – Connect with trustworthy lenders and get your payday loans

8. Payday Loans UK – Short term loans for people with less than perfect credit in the UK

9. Loans for bad credit in UK – Get UK payday loans without credit check

ten. Get a payday loan – Borrow up to £5,000 in short-term loans and get approved in minutes

CocoLoan

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CocoLoan allows you to apply for a wide variety of bad credit loans, including title loans, payday loans, personal loans, and other types of loans. So whether or not you have collateral, there is a loan that’s right for you.

The loan amounts you can qualify for range from $50 to $5,000 for payday loans and up to $35,000 for installment loans.

You will be subject to different interest rates and repayment terms depending on the loan you apply for, your lender’s offer and your credit score. Additionally, some lenders will charge prepayment fees and late fees. Some will have loan renewal terms if at the end of your repayment period you need another loan. This may include loan renewal fees.

For these reasons, it is always advisable to carefully review your lender’s offer to ensure that you are in full agreement with their terms. Once a lender has approved you for a loan and you’ve signed their agreement, you can get your loans right away. same day.

Advantages

  • The application process is quick and easy
  • It is good for bad credit
  • It’s easy to qualify for a loan that meets your needs

The inconvenients

  • You may incur additional charges depending on the lender

Visit CocoLoan for quick and easy loans with bad credit.>>

Problematic loans in the United States

USBadCreditLoans.png

KSHB

Problematic loans in the United States connects you with a network of reputable bad credit lenders. A bad credit score can be defined as anything below 580 using the FICO scale.

The application process is simple and you can complete it online on their safe and secure platform. All you have to do is provide accurate information about your financial situation.

You can apply from any device. Its lenders process your information in no time, letting you know what you are entitled to. You can then browse through their offerings and make your choice. Once you’ve been approved, lenders deposit your funds into your bank account the next business day.

It is important to note that loans for bad credit have slightly higher interest rates compared to other loans. APRs can vary from 6% to 36%.

Therefore, once you have borrowed a loan, you can make your repayments on time to improve your credit score and get better terms in the future. This is especially true if your creditor reports your payments to a credit bureau.

Advantages

  • Its website uses bank-grade technology to keep your information secure.
  • Its lenders offer competitive interest rates
  • There are contact information provided on the official website

The inconvenients

  • You may not qualify for a loan if you do not have a reliable source of income

Get no credit check loans today from lenders with competitive rates on bad credit loans in the USA.>>

WeLoans

WeLoands.png

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If you are struggling to get a loan fast due to average to bad credit, WeLoans is the right platform for you. Here you can apply for a short term loan, an installment loan or a payday loan from reliable lenders.

WeLoans works with several lenders across the United States, which increases your chances of getting approved. It is also easy to qualify for a loan application from lenders. You will only need to be 18 years old, have a checking account and have proof of stable income.

This platform is safe and secure, and any information you provide about your financial situation will be confidential. It manages lenders to make sure you don’t get scammed into paying ridiculous interest rates.

Once your loan is approved, you can receive your money as quickly as the same day or the next business day.

Advantages

  • You can choose a loan offer that suits you from different lender agreements
  • You can get your loan approved the same day
  • You can get installment loans of up to $35,000

The inconvenients

  • Interest rates may be higher for loans with short repayment periods

Apply for a suitable loan on the secure online platform – WeLoans!>>

Frequently Asked Questions

1. Is there a way to get a loan without credit?

It is possible to obtain a loan without credit. However, the lender will ask you to provide collateral to secure your loan. They may also look at your work history to determine if you have a steady income. Also, your loan may have higher than usual interest rates due to potential risks.

2. How can I get fast money without a credit check?

You can get fast cash without credit check from lenders with bad credit. These lenders do not consider your credit score as part of their qualification requirements. However, they assess your income to know your ability to make your repayments on time. You can access these lenders through the platforms discussed.

Conclusion

Looking for an easy way to get loans without a credit check? Apply for bad credit loans with guaranteed approval today. The above platforms connect you with many trustworthy lenders who offer different loans. Depending on your needs, you can get cash to settle your emergency problems even with bad credit.

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Sudbury Mining Companies Adapting to an Age of Change https://darkholmekeep.net/sudbury-mining-companies-adapting-to-an-age-of-change/ Mon, 26 Sep 2022 18:00:00 +0000 https://darkholmekeep.net/sudbury-mining-companies-adapting-to-an-age-of-change/ Mining executives talk about recruitment challenges, the need for workforce diversity and how the industry has an interesting story to tell Change and adaptation are constants in any business. Three senior mining executives, including the heads of Sudbury’s two major mining companies, spoke at length at the Maintenance, Engineering and Mine Operators conference in Sudbury […]]]>

Mining executives talk about recruitment challenges, the need for workforce diversity and how the industry has an interesting story to tell

Change and adaptation are constants in any business.

Three senior mining executives, including the heads of Sudbury’s two major mining companies, spoke at length at the Maintenance, Engineering and Mine Operators conference in Sudbury this week about the state of the industry at a time when demand for critical minerals is high and the availability of skilled labor is low.

Mining has always been one of the cornerstones of Canadian industry. Now, with the global push to secure high-tech batteries and metals, there is a growing awareness that a cleaner, greener, net-zero global economy cannot be achieved without mining.

What is mined in the Sudbury Basin is part of this burgeoning new circular economy that ends up in the battery materials that power underground vehicles.

Today, the industry adheres to high safety and environmental standards and is constantly introducing new technologies.

Virtual reality simulators enhance training from a practical aspect. Automation, sensor, and remote technologies are helping to direct frontline workers away from dangerous areas of the job. The introduction of underground battery-powered electric vehicles has helped reduce greenhouse gas emissions and cleaner air where miners work.

Glencore’s Peter Xavier, vice-president of Sudbury Integrated Nickel Operations, said it’s an industry with a story worth telling. And the people involved have a real sense of purpose in their work. “We do it for a reason.”

The upheaval of the pandemic has caused masses of workers to leave the labor market or be forced to change jobs. Like any other business, it’s a competitive job market. There are more positions to fill than people available to fill them.

Unless you grew up in a mining town with family ties, Xavier said, it remains a “niche business” for many in Canada. Working in a foundry requires a skilled workforce.

Since each company does its own thing when it comes to recruiting, Xavier suggested perhaps the industry should work together on this.

Vale’s Gord Gilpin, head of its base metals mining operations in Ontario, said there was “no magic wand to wave” to fill the skilled ranks of those leaving and retiring.

Faced with this new reality, Vale has changed its way of thinking by recruiting passionate and motivated young people and by creating its own internal training institutes.

In Vale’s entry-level Miner in Training program, individuals receive on-the-job training to acquire the skills needed to work underground. Emphasis is placed on diversity, with women and indigenous peoples being priorities.

“We know that diverse thinking leads to better decisions, not to mention it’s the right thing to do,” Gilpin said.

“We still need to diversify the mining industry,” said Josée Cyr, director of technical services for Agnico Eagle Mines in Quebec. “We have yet to show that this is an amazing and exciting industry.”

Residents of large urban areas do not see their “incredible” projects and technologies deployed. It needs to be introduced to a wider audience, including the younger generation of gamers.

Each mining project requires a specific skill set, but there is a wide range of opportunities for everyone to participate. The mining industry offers good financial rewards, Cyr said, but you often hear that people want a new way of working and want to be part of something big that can make a difference for tomorrow.

Her entry into the mining field as a technician was born out of a curiosity to know where her father went and what he did every day.

“I realized every day that there was something interesting; every day there is always a new challenge.

Gilpin said an unexpected benefit of integrating young people is that it gives them valuable insight into what the next generation of miners are interested in doing and what’s important to them. Environmental protection, he said, is of particular importance.

Xavier added that when you walk into Sudbury — with its 10 operating mines, two smelters and one refinery — it doesn’t fit the stereotypical image of a heavy industrial city. It is a “testimony of the good work that has been done”.

The industry has always had a connection with the environment and the community as a whole. And it is generally recognized that today it is up to industry to mitigate the impact on the ground.

“In a way, we try to be as invisible as possible. So here we are in Sudbury with one of the best air quality in the province.

Xavier alluded to a widescreen photo of Glencore’s Nickel Rim mine in Sudbury, noting the care taken in designing the layout of the operation to achieve a small footprint on the landscape, the ongoing joke being that it takes up less space than a typical mall.

At the same time, Xavier said more customers want a product from an eco-friendly company.

Speaking of deploying new technologies and accelerating the pace of change, Gilpin emphasized the importance of staying rooted in the fundamentals of safety, production and cost. Frontline workers need to have a level of comfort, and the way a business operates needs to stay consistent.

Vale is proud of its new Integrated Remote Operations Center (IROC), a control room that remotely monitors mining operations in the Sudbury Basin.

The installation generated some initial resistance from frontline workers, wondering if Big Brother was spying on them.

“Which amounts to good old-fashioned communication,” Gilpin said. But it also provided a positive side benefit.

Sudbury mines have always been seismic. Vale has security check-in processes and protocols in place. The IROC has a proven track record in that the response time to report worker safety “has increased significantly”.

But as the industry is increasingly dependent on technology, all pointed out how much it is a people-centric business and how much a company needs a team to build great projects.

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‘Story of Russia’ author Orlando Figes talks about Putin and Ukraine https://darkholmekeep.net/story-of-russia-author-orlando-figes-talks-about-putin-and-ukraine/ Wed, 21 Sep 2022 13:30:12 +0000 https://darkholmekeep.net/story-of-russia-author-orlando-figes-talks-about-putin-and-ukraine/ On the bookshelf The history of Russia By Orlando FigesMetropolitan: 368 pages, $30 If you purchase linked books from our site, The Times may earn a commission from Bookshop.org, whose fees support independent bookstores. At the start of the pandemic, British historian Orlando Figes began his book ‘Lockdown’: an investigation into the ideas, myths and […]]]>

On the bookshelf

The history of Russia

By Orlando Figes
Metropolitan: 368 pages, $30

If you purchase linked books from our site, The Times may earn a commission from Bookshop.org, whose fees support independent bookstores.

At the start of the pandemic, British historian Orlando Figes began his book ‘Lockdown’: an investigation into the ideas, myths and beliefs that have shaped Russians over the past thousand years, drawn from his decades of writing and research on Russian and European history. The award-winning author of nine books, including “Revolutionary Russia” and “Crimea: The Last Crusade”, Figes delivered the manuscript of “The History of Russia” to its publishers in the fall of 2021, just as the Russian president Vladimir Putin was beginning to amass troops. at the Ukrainian border.

On February 24, Putin declared war on Ukraine and Figes had to rewrite the final chapter of his new book as the country’s history once again tipped into the territory of conquest, death and destruction. destruction. Published as the Russo-Ukrainian War enters its seventh month, “The History of Russia” is a superb narrative essay. An early review by Kirkus hailed it as “a lucid and shrewd text that unpacks the myths of Russian history to help explain current motivations and actions”.

In recent days, the Ukrainian army has taken over important territories occupied by Russia since the beginning of the war. But winter is approaching and rising energy prices caused by the war will upset the European economy, testing Europe’s will to continue supporting Ukraine. Interviewed on Zoom from his home in Umbria, followed up by email, Figes answered questions about the conflict, the policy of repression in Russia and the plight of his young people. The conversation has been edited for length and clarity.

A key theme of your book is that from the very earliest days of the Russian nation, Russians have yearned for an authority figure, from Ivan the Terrible to the Tsars to Stalin. Is Putin part of a long line of dictatorial leaders?

There is a power-worshipping monarchical mentality that is deeply rooted in Russian history. I think the Putin system relied on that, just like Stalin, who consciously relied on this need for a Tsar. And I guess any opposition or succession to Putin should also project power in this way. Dictatorships build their power base by eroding trust in other elements of a state system. Putin is the master.

Is the desire for an authority figure embedded in the Russian psyche?

I tend to retract from the idea that there is a power-worshipping DNA. But the sacralization of power, which I talk about at length in the book, testifies to the power of a divine tsar. The authority that can generate in Russia seems to be a persistent pattern. But is this still some sort of typical Russian thing? And the cult of Donald Trump?

Orlando Figes’ latest historical work is “The History of Russia”.

(Niall McDiarmid)

Putin started his career in the KGB. He ruthlessly uses state security to silence his enemies, using exile, imprisonment, and even murder. How has the partnership between Russian leaders and the political police shaped the country’s history?

It’s an old tradition and dates back to Ivan the Terrible, if not the Mongols before that, that there are enforcers of autocratic power who are licensed to kill without account. Stalin was arguably the first dictator to rule through the political police, and this has become part of the fusion between the KGB and now the way politics works in Putin’s Russia. It’s a strange mixture of this KGB tradition, which Putin masterfully deploys, and a kind of medieval patrimonialism. You control these oligarchs. You own these people. It is a very powerful mixture.

How does this system affect opposition to the war in Russia?

I don’t think we know how much the opposition is infiltrated by the police, how much they actually know what must be very small groups of people operating via Telegram or their underground cells, like they did with these fires against military conscription centers.

Putin, with his Stalinist language, talking about traitors and fifth columnists, is inflammatory and further encourages surveillance and vigilante groups thinking they are patriotic [by] beat up someone known to be against the war. That’s probably enough, for now, to keep the opposition in a dark corner.

One of your conclusions is that Russia has a “hateful” need to punish Ukraine, due to Ukraine’s position as a former rebel colony.

For the Ukrainians, it is essentially a war of liberation from an empire. Russia is behaving imperialistically. I don’t think it’s genocide. I think the people at Zelensky overdid it, and I disagree with people like Tim Snyder who think it’s genocide. This is a denial of Ukrainian nationality.

What I see on the ground are crimes against humanity, war crimes and some pretty horrific atrocities against civilians. We have to wait for the full investigation and evidence. But what strikes me from what we know so far is that this falls more into the category of Russian soldiers, or maybe Chechen soldiers, indoctrinated into this idea of ​​Russian superiority on Ukrainians, which goes back a long way in history.

Putin took power in 1999 and many young people in Russia have lived their whole lives under his rule. How do young people in Russia perceive the war?

There is a wide range of views, from people who are now in jail or who have been fined for bravely protesting the war, to Putin nationalists who support the war. The Soviet heritage is stronger in older generations. Younger generations are wiser, as they have used the Internet for information; they know how to use VPNs to get the information they need. Young people are less likely to harbor illusions or buy into the propaganda broadcast on state television. What they do about it is another question.

Russia’s Economy Struggles With Western Sanctions: How Will This Affect Young People?

It’s a desperate situation for young Russians who have become a dynamic sector over the past 20 years, with creative entrepreneurs, technicians and all the rest. I think they will leave. I think Russia will be late for long distances.

Over the past month, Ukraine has recaptured significant amounts of territory and Russian forces appear to be in disarray. What do you think of this development?

This is a positive development, of course. This shows that the Ukrainians are capable of victory, most likely if Russian forces collapse and even mutinie, as they did in 1917. This could oust Putin if he is blamed for the defeat. But there is still a long way to go in this war, so let’s first see how the Russians react in Donbass. Do they have the strength and morale to capture all of Donetsk and declare victory? We will see.

How do you think the war will end?

The fights will last a long time. Yet, in the end, the Russians will be forced to negotiate a settlement, I believe. It all depends on how long the West is ready to support the Ukrainians. I hope he will at least until [Ukraine] can negotiate from a position of strength. I fear that the West will give in to pressure from consumers affected by the economic crisis. If the Russians target Ukrainian infrastructure, as they threaten to do, there will be another wave of refugees fleeing Ukraine to the West. Right-wing populists will be the beneficiaries and it will increase the pressure on European governments to make a deal with Putin. The survival of democracy depends on the unity of the West.

Gwinn, a Pulitzer Prize-winning journalist who lives in Seattle, writes about books and authors.

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How do cash advance apps work and are they better than payday loans? https://darkholmekeep.net/how-do-cash-advance-apps-work-and-are-they-better-than-payday-loans/ Wed, 21 Sep 2022 09:02:00 +0000 https://darkholmekeep.net/how-do-cash-advance-apps-work-and-are-they-better-than-payday-loans/ By Annie Millerbernd The apps have lower fees, but you can always have better alternatives when you need the cash. This article is reprinted with permission from NerdWallet. If you’re asked to imagine a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday […]]]>

By Annie Millerbernd

The apps have lower fees, but you can always have better alternatives when you need the cash.

This article is reprinted with permission from NerdWallet.

If you’re asked to imagine a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday payday.” You probably wouldn’t imagine a mobile app that advertises on TikTok and sports a colorful logo.

But cash advance apps like Earnin and Dave provide advances with the same borrowing and repayment structure as payday lenders, and consumer advocates say they carry similar risks. Both are quick, no-credit-check options for closing an income gap or easing inflation pressure.

Neither is an ideal first choice for borrowing money quickly, but knowing their differences can help you save money and avoid hurting your finances.

See also: New laws and more affordable lenders could shake up the payday loan market

Cash advance apps work like payday loans

Like most payday loans, a cash advance or paycheck app lets you borrow money without a credit check. You are also required to repay the advance, plus any fees you have agreed, on your next payday.

One payment cycle is usually not enough for borrowers to repay a payday loan, so many people fall into the habit of getting another loan to pay off the previous one, says Alex Horowitz, senior director of The Pew Charitable Trusts.

App users may find themselves in a similar cycle. A 2021 study by the Financial Health Network found that more than 70% of app users get back-to-back advances. The study doesn’t say why users re-borrow, but Horowitz says the behavior is particularly similar to payday loans.

“Direct-to-consumer payday advances share the DNA of payday loans,” he says. “They’re structured the same, they have repeat borrowings, and they’re scheduled based on the borrower’s payday, which gives the lender strong collectability.”

Also read: ‘We haven’t yet seen a spike in food inflation’: Food price increase is the highest since 1979, and this staple is up nearly 40% from the last year

Apps can offer more flexibility

Payday lenders and payday advance apps collect repayment directly from your bank account. If your account balance is too low when funds are withdrawn, you could incur overdraft fees, says Yasmin Farahi, senior policy adviser at the Center for Responsible Lending.

An application may try to avoid overcharging your account. Mia Alexander, Vice President of Customer Success at Dave, says the app reviews users’ bank accounts before withdrawing the refund. If the refund puts the balance close to zero or negative, the app may not withdraw the funds, she says.

However, apps typically include language in their user agreements that while they try not to overcharge your account, they aren’t liable if they do.

In states where payday loans are allowed, a payday lender is unlikely to offer a free, unsolicited payment extension, as some apps claim. Some states require payday lenders to offer extended payment plans at no cost to troubled borrowers, but a 2021 report from the Consumer Financial Protection Bureau says some lenders are misrepresenting plans or not disclosing them.

Unlike payday lenders, the apps don’t make collection calls. If a user revokes access to their bank account to avoid a refund, the app will not attempt to collect the funds. The user simply cannot get another advance until they repay the previous one.

Find out:This millionaire couple changed their lives with passive income

Payday loans cost more

Payday loans tend to have high mandatory fees, unlike apps. Instead, they charge a small fee that users can accept throughout the borrowing process. These fees can add up, but they are usually lower than those charged by payday lenders.

For example, an app might charge a monthly subscription fee or a fee for instant access to funds. Most cash advance apps also ask for a tip for service.

The charges on a $375 payday loan are most often about $55 over a two-week period, Horowitz says. Since the cash advance application fee is mostly optional, you can easily keep the cost below $10.

Earnin user Sharay Jefferson says she’s used payday loans in the past, but switched to a cash advance app because it’s a cheaper way to cover bills and unexpected expenses.

“If you get a $200 payday loan, you might be paying something back three times over,” she says. “With Earnin, I’m going to have to pay that $200 back, plus whatever I decide to give them. It’s a lot cheaper.”

Don’t miss: What will student borrowers do after getting $10,000 or $20,000 debt forgiveness? MarketWatch asked readers – this was their #1 answer

Technically, apps are not lenders

Regulators like the CFPB have not classified payday advance apps as lenders, despite their similarities to payday loans.

Earnin CEO and Founder Ram Palaniappan says the app is more like a payroll service or an ATM because it makes it easier to access your own funds. Earnin asks users to upload a timesheet showing they worked enough hours to earn the cash advance amount. Other apps scan a user’s bank account for income and expenses to determine if they qualify for an advance.

Farahi says applications should be treated like creditors, meaning they would follow the Truth in Lending Act, which requires creditors to disclose an annual percentage rate. An APR allows consumers to compare costs between financing options. For example, users can compare the APR of a cash advance app to that of a credit card and choose the most affordable.

“People still need to know what the real cost of credit is and to be able to assess it and really compare that cost with other options,” she says.

Applications should also comply with applicable state lending laws. Currently, 18 states and Washington, DC, have maximum interest rate caps that could limit application fees, she says.

Cash Advance App vs Payday Loan: Which is Better?

If you’re in dire need of cash, you may have better alternatives than payday loans and advanced apps, Farahi says.

Local charities and nonprofits can provide basic food and clothing needs. A family or friend could lend you money at no extra cost. If you have a few hours to spare, a side gig could generate as much money as a typical payday loan or cash advance application.

If you have the choice between an app and a payday loan, the app is probably the best option because:

A cash advance from an app is unlikely to leave you in a better financial position, Farahi says. But it may be a little less likely than a payday loan to make things worse for you.

More from NerdWallet

Annie Millerbernd writes for NerdWallet. Email: amillerbernd@nerdwallet.com.

 

(END) Dow Jones Newswire

09-21-22 0502ET

Copyright (c) 2022 Dow Jones & Company, Inc.

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Review of the US Inflation Reduction Act https://darkholmekeep.net/review-of-the-us-inflation-reduction-act/ Sun, 18 Sep 2022 21:07:57 +0000 https://darkholmekeep.net/review-of-the-us-inflation-reduction-act/ Jhe US government last month passed a major energy market bill that is expected to have a significant impact on the market. In its latest weekly report, ship broker Gibson said that “After several months of intense political negotiations, President Biden signed into law the Inflation Reduction Act (IRA) on August 16, 2022. This bill […]]]>

Jhe US government last month passed a major energy market bill that is expected to have a significant impact on the market. In its latest weekly report, ship broker Gibson said that “After several months of intense political negotiations, President Biden signed into law the Inflation Reduction Act (IRA) on August 16, 2022. This bill is considered the most significant climate change bill in US history. Although the lengthy legislation covers various aspects of the US economy, the environmental provisions are unprecedented in scope and scope. The colossal $369 billion in funding is designed to encourage multiple sources of clean energy, including electric cars, hydrogen, carbon capture and storage, nuclear, solar and wind both that they are carbon neutral. Businesses will also benefit by getting payments for their credits directly from the government instead of entering into complex financing arrangements.”

Source: Gibson Shipbrokers

According to Gibson, “Here are some of the key takeaways. Solar and wind tax incentives, which previously had to be renewed every year or two, are extended for a decade, allowing long-term planning of new projects. The bill also offers support for electric vehicles (EVs), extending a federal tax credit of $7,500 for the purchase of EVs, with a credit capped at the retail price of $55,000 or less for cars. new and $80,000 for new pickups. A new credit incentive of $4,000 is also introduced for the purchase of a used EV. These credits only apply to electric vehicles assembled in the United States, while in the coming years there will be new restrictions on the origin of electric batteries and minerals. Yet even with these looming limitations, electric car sales in the United States are expected to rise sharply in the coming years. The IRA also offers a significant boost to green hydrogen, arguably putting the United States ahead of the European Union in terms of investment incentive for clean hydrogen development. The bill provides a base credit of $0.6/kg of clean hydrogen, which could increase to $3/kg if certain working conditions are met. Experts say these clear tax incentives have the potential to make the United States one of the most competitive countries in the world for producing clean hydrogen.”

The shipbroker added that “although many initiatives aim to develop alternative energy sources, the interests of oil companies have not been ignored. The bill revives new oil and gas leases in the Gulf of Mexico and on federal lands. A new principle is also being introduced that would require the government to provide opportunities for fossil fuel development on federal lands wherever renewable energy development is promoted. Carbon capture and storage projects receive additional incentives, with a tax credit for new carbon capture and storage projects reaching a maximum of $85 per tonne of CO₂ (compared to $50/tonne previously) . These incentives will be welcomed by ExxonMobil, which is pioneering a $100 billion CCS center on the US Gulf Coast, which aims to capture CO2 emissions from refineries and other industrial facilities the along the Houston Ship Channel. Likewise, it will benefit Occidental Petroleum, which is building the largest plant in the world to take CO2 directly from the atmosphere and store it underground in the Permian Basin.”

“Still, the IRA is not free. This includes a 15% tax on companies with profits over $1 billion. The bill also marks the first US national greenhouse gas award. From 2024, a levy of $900 per tonne will be imposed on methane emitted by oil and gas companies from wells, pipelines, liquefied natural gas terminals and other facilities. to reach $1,500 per tonne by 2026. However, there are caveats Small producers, who account for a significant portion of all methane emissions, will be exempt from the levy. comply with minimum regulations on methane emissions would also be exempt.Nevertheless, overall, with all the above measures in place, the Curbing Inflation Act undoubtedly has the potential to reduce cons ideably American emissions in the years to come. However, at the same time, it is also recognized that the oil and gas industry is an important part of the energy transition and will remain so for a long time,” Gibson concluded.
Nikos Roussanoglou, Hellenic Shipping News Worldwide

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Cash Advance Apps vs Payday Loans: Which is Better? https://darkholmekeep.net/cash-advance-apps-vs-payday-loans-which-is-better/ Sun, 18 Sep 2022 16:00:36 +0000 https://darkholmekeep.net/cash-advance-apps-vs-payday-loans-which-is-better/ (NerdWallet) – If you’re asked to imagine a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday payday.” You probably wouldn’t imagine a mobile app that advertises on TikTok and sports a colorful logo. But cash advance apps like Earnin and Dave provide […]]]>

(NerdWallet) – If you’re asked to imagine a payday lender, you might think of a storefront in a strip mall with green dollar signs and neon slogans like “everyday payday.” You probably wouldn’t imagine a mobile app that advertises on TikTok and sports a colorful logo.

But cash advance apps like Earnin and Dave provide advances with the same borrowing and repayment structure as payday lenders, and consumer advocates say they carry similar risks. Both are quick, no-credit-check options for closing an income gap or easing the pressure of inflation.

Neither is an ideal first choice for borrowing money quickly, but knowing their differences can help you save money and avoid hurting your finances.

Cash advance apps work like payday loans

Like most payday loans, a cash advance or paycheck app lets you borrow money without a credit check. You are also required to repay the advance, plus any fees you have agreed, on your next payday.

A single payment cycle is usually not enough for borrowers to repay payday loanso many people fall into the habit of getting another loan to pay off the previous one, says Alex Horowitz, senior director of The Pew Charitable Trusts.

App users may find themselves in a similar cycle. A 2021 study by the Financial Health Network found that more than 70% of app users get back-to-back advances. The study doesn’t say why users re-borrow, but Horowitz says the behavior is particularly similar to payday loans.

“Direct-to-consumer payday advances share DNA with payday loans,” he says. “They’re structured the same, they have repeat borrowings, and they’re scheduled based on the borrower’s payday, which gives the lender strong collectability.”

Apps can offer more flexibility

Payday lenders and payday advance apps collect repayment directly from your bank account. If your account balance is too low when funds are withdrawn, you could incur overdraft fees, says Yasmin Farahi, senior policy adviser at the Center for Responsible Lending.

An application may try to avoid overcharging your account. Mia Alexander, Vice President of Customer Success at Dave, says the app reviews users’ bank accounts before withdrawing the refund. If the refund puts the balance close to zero or negative, the app may not withdraw the funds, she says.

However, apps typically include language in their user agreements that while they try not to overcharge your account, they aren’t liable if they do.

In states where payday loans are allowed, a payday lender is unlikely to offer a free, unsolicited payment extension, as some apps say. Some states require payday lenders to offer extended payment plans at no cost to troubled borrowers, but a 2021 report from the Consumer Financial Protection Bureau says some lenders are misrepresenting plans or not disclosing them.

Unlike payday lenders, the apps don’t make collection calls. If a user revokes access to their bank account to avoid a refund, the app will not attempt to collect the funds. The user simply cannot get another advance until they repay the previous one.

Payday loans cost more

Payday loans tend to have high mandatory fees, unlike apps. Instead, they charge a small fee that users can accept throughout the borrowing process. These fees can add up, but they are usually lower than those charged by payday lenders.

For example, an app might charge a monthly subscription fee or a fee for instant access to funds. Most cash advance apps also ask for a tip for service.

The charges on a $375 payday loan are most often about $55 over a two-week period, Horowitz says. Since the cash advance application fee is mostly optional, you can easily keep the cost below $10.

Earnin user Sharay Jefferson says she’s used payday loans in the past, but switched to a cash advance app because it’s a cheaper way to cover bills and unexpected expenses.

“If you get a $200 payday loan, you might be paying something back three times over,” she says. “With Earnin, I’m going to have to pay that $200 back, plus whatever I decide to give them. It’s much cheaper. »

Technically, apps are not lenders

Regulators like the CFPB have not classified payday advance apps as lenders, despite their similarities to payday loans.

Earnin CEO and Founder Ram Palaniappan says the app is more like a payroll service or an ATM because it makes it easier to access your own funds. Earnin asks users to upload a timesheet showing they worked enough hours to earn the cash advance amount. Other apps scan a user’s bank account for income and expenses to determine if they qualify for an advance.

Farahi says applications should be treated like creditors, meaning they would follow the Truth in Lending Act, which requires creditors to disclose an annual percentage rate. An APR allows consumers to compare costs between financing options. For example, users can compare the APR of a cash advance app to that of a credit card and choose the most affordable.

“People still need to know what the real cost of credit is and to be able to assess it and really compare that cost to other options,” she says.

Applications should also comply with applicable state lending laws. Currently, 18 states and Washington, DC, have maximum interest rate caps that could limit application fees, she says.

Cash Advance App vs Payday Loan: Which is Better?

If you need cash urgently, you can have better alternatives than payday loans and advanced apps, says Farahi.

Local charities and nonprofits can meet basic food and clothing needs. A family or friend could lend you money at no additional cost. If you have a few hours to spare, a side gig could generate as much money as a typical payday loan or cash advance application.

If you have the choice between an app and a payday loan, the app is probably the best option because:

  • It is less expensive.
  • It may not trigger overdraft charges.
  • If you don’t pay it back, the app won’t send you to collections.

A cash advance from an app is unlikely to leave you in a better financial position, Farahi says. But it may be a little less likely than a payday loan to make things worse for you.

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Ecocash launches micro-pension fund for informal sector workers in Zimbabwe https://darkholmekeep.net/ecocash-launches-micro-pension-fund-for-informal-sector-workers-in-zimbabwe/ Fri, 16 Sep 2022 06:06:06 +0000 https://darkholmekeep.net/ecocash-launches-micro-pension-fund-for-informal-sector-workers-in-zimbabwe/ from Zimbabwe the dual economy, the formal and informal sectors, have become two distinct economies in Zimbabwe. The former being vulnerable to complex tax regimes and inconsistent monetary policies, the latter has no regard for both. In some circles, the informal sector has been referred to as the gray economy, shadow economy, underground economy, informal […]]]>

from Zimbabwe the dual economy, the formal and informal sectors, have become two distinct economies in Zimbabwe. The former being vulnerable to complex tax regimes and inconsistent monetary policies, the latter has no regard for both.

In some circles, the informal sector has been referred to as the gray economy, shadow economy, underground economy, informal sector and cash economy.

  • Econet Life, a EcoCash Holdings Zimbabwe insurance unit, launched a unique micro-pension fund product that allows people in the informal sector to save for their retirement
  • The new product, called Dura/Isiphala Pension Fundwas launched in Kariba this weekend and is expected to boost uptake of pensions by informal sector workers
  • Meanwhile, on March 27, 2019president of nigeria Muhammadu Buhari launched the Micro Pension Plan (MPP) as part of his administration’s efforts to ensure that Nigerians who have worked hard during their active years in the service of their motherland live in dignity and retire without any reason to s ‘alarm

According to national statistics, the contribution of the informal sector to the gross domestic product (GDP) is estimated at less than 50%. According to world Bank, from Zimbabwe the economy grew by 5.8% to reach US$19.2 billion in 2021 after contracting by 6.1% in 2019 and 6.2% in 2020.

The 2022 Labor Force Survey published by the Zimbabwe National Statistics Agency (Zimstat) points out that 3.3 million people are employed locally, pointing out that more than 2.8 million Zimbabweans live in the informal sector against 495,000 in formal employment.

According to an article in The Independent dated July 22, 2022the level of formalization in the country is now estimated at between 65% and 70% due to several push and pull factors such as high inflation, low remuneration in the formal sector, punitive foreign exchange regulations, weak institutions and high levels of corruption, low tax morality, high levels of unemployment, over-regulation, limited automation in tax collection, and increasing levels of poverty in the country.

Defining the informal sector The International Labor Organization (ILO) defines the informal sector as the set of economic activities of workers and economic units that are not covered or sufficiently covered by legal provisions.

Formal arrangements include contract enforcement in business transactions, enforcement of labor regulations, social security contributions, banking products, payment of required municipal taxes and levies, and compliance with legal import channels. and export of goods.

Therefore, people employed in the informal sector are not subject to national labor laws, income tax, social protection or the right to certain employment benefits such as maternity leave.

Econet Life, a EcoCash Holdings Zimbabwe insurance unit a launched a unique micro-pension fund product that allows people in the informal sector to save for their retirement. This is a game changer as workers in the informal sector now have something to add as social protection.

EcoCash Holdings Zimbabwe is a diverse technology group that leverages digital solutions to have a social and economic impact on the lives of all Zimbabweans.

The new product, called Dura/Isiphala Pension Fundwas launched in Kariba this weekend and is expected to boost the uptake of pensions by informal sector workers.

Dura/Isiphala positions Econet Life as the only innovative pension company using technology to drive financial inclusion. The new product is intended to empower SMEs, cooperatives, civil servants and people in formal and informal employment aged 18-70.

Speaking to the Zimbabwe National Cooperative Federation International Day of Cooperatives celebrations in Kariba, where the product was unveiled, the Deputy Minister of Women Affairs, Communities, Small and Development of medium enterprises, Jennifer Mhlanga praised Econet Life for launching innovative products that provide ordinary people with affordable products.

“We appreciate you (Econet Life) for your continued support and innovations focused on improving the lives of our SMEs,” said the Deputy Minister.

Life Director and Chief Executive Officer of Econet Life, Godwin Mashirisaid Dura/Isiphala would leverage smart systems and technology to ensure broad inclusion of all workers.

“We continue to rethink effective ways to serve our communities. Retirement should never be the preserve of formal employees; everyone should have access to equal opportunities that help them live a better life, whether they are employed formally or informally,” he said. said.

Emmanuel Pfupa, head of Econet Life Fund Business, said the micro-pension fund will promote inclusive growth in the pension sector by enabling people in the informal sector to open retirement savings accounts which, up to now, were only available to formal sector employees. sector.

“With Dura/Isiphala Pension Fundthe first of its kind in Zimbabwe, we want to ensure that every employee in the country enjoys a great life after retirement. With this product, anyone can make monthly contributions to their Dura/Isiphala. When the need arises after a year, two or even 10 years, they will enjoy the benefits of their investment,” he said.

Although the informal sector accounts for a large share of from Zimbabwe gross domestic product, industry players have been largely excluded from financial services offerings.

However, with Dura/Isiphala, people in the informal sector can contribute anything from $10 towards their retirement. They will also be able to use the investment as collateral to access short term loans, earn interest and access a portion of their investment after 12 months.

Econet Life said registrations and contributions can be made at Econet Shops, AFC Bank, Stewardship Bank, or at any EcoSure point of contact across the country. He added that contributions will soon be payable through the EcoCash FCA wallet.

Meanwhile, in a related This Day article posted on June 5, 2022on March 27, 2019president of nigeria Muhammadu Buhari launched the Micro Pension Plan (MPP) as part of his administration’s efforts to ensure that Nigerians who have worked hard during their active years in the service of their motherland live with dignity and retire without cause for alarm.

The MPP was launched by the National Pension Commission (PenCom) and also aimed to integrate workers in the informal sector of the economy.

Since the launch of the scheme by Buhari, a total of 72,846 contributors have been registered by pension fund administrators (PFA). The micro-pension scheme targets the vast majority of from Nigeria active population which, incidentally, operates in the informal sector of the economy.

At the launch, Buhari said the scheme was part of his administration’s efforts to ensure that Nigerians who have worked hard during their active years in the service of their motherland live in dignity and retire without any cause for alarm. .

He said the federal government understood the importance of the pensions industry, adding that was why the micro-pension scheme was designed to give informal sector operators something to fall back on when would retire from active duty.

The president added that his administration had, over the past three years, provided grants, technical support and loans to small businesses, resulting in positive changes in their way of life.

In Nigeriainformal sector workers include market women, members of road transport workers, textile, garment and tailoring associations, tricycle operators and commercial motorcycle riders associations, butcher associations , workers in the film and performing arts industry, mechanics and workers in the automotive industry as well as individual professionals such as lawyers and accountants, among others.

Previously, these categories of workers and organizations employing less than three employees were not covered by the contributory pension scheme and, as such, were not necessarily covered by any pension scheme.

But with the amended Pension Reform Act 2014, section 2(3) now provides that employees of organizations with less than three employees, the self-employed and people operating in the informal sector can participate in the pension scheme. contributory pension under the Micro-Retirement Scheme.

Copyright The Africa Exchange. Distributed by AllAfrica Global Media (allAfrica.com)., source English press service

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Best Bad Credit Loans and No Credit Check Loans with Guaranteed Approval in 2022 https://darkholmekeep.net/best-bad-credit-loans-and-no-credit-check-loans-with-guaranteed-approval-in-2022/ Thu, 15 Sep 2022 20:41:00 +0000 https://darkholmekeep.net/best-bad-credit-loans-and-no-credit-check-loans-with-guaranteed-approval-in-2022/ Best Loans for Bad Credit: Get No Credit Check Loans with Guaranteed Approval Unless you can see the future, you cannot predict an emergency. So if a financial emergency arises and you are not well prepared, you will need a reliable solution to help you get through the trouble. At times like these, most people […]]]>

Best Loans for Bad Credit: Get No Credit Check Loans with Guaranteed Approval

Unless you can see the future, you cannot predict an emergency. So if a financial emergency arises and you are not well prepared, you will need a reliable solution to help you get through the trouble. At times like these, most people turn to quick loans. But it can be difficult to get an emergency loan if you’re struggling with bad credit.

Fortunately, no credit check loans are available to provide a convenient and safe way for people with bad credit to borrow money quickly on short notice.

Here are the best places where you can borrow no credit check loans with guaranteed approval.

  1. Problematic loans in the United States – Best overall for bad loans
  2. WeLoans – Ideal for small bad loans with guaranteed approval
  3. CocoLoan – Ideal for same day loans without a credit check
  4. iPaydayLoans – Ideal for bad loans with fast approval
  5. American Installment Loans – Ideal for same day installment loans with guaranteed approval
  6. Loans for bad credit in UK – Ideal for bad credit loans with guaranteed approval in the UK
  7. Quick Payday Loans – Ideal for easy and fast bad loans in UK
  8. Easy Payday Loans – Ideal for no credit check loans with guaranteed approval
  9. Unit loan – Ideal for easy and fast bad loans with guaranteed approval
  10. honest loans – Ideal for same day loans without credit check with fast approval

Bad Credit Loans USA – Best for Small Bad Credit Loans with Guaranteed Approval

If your poor credit is preventing you from getting financial help when you need it, you should check Problematic loans in the United States. The platform has an excellent reputation for connecting borrowers with bad credit to lenders who will lend up to $5,000 without a credit check and on the same day.

The company partners with direct lenders who are reliable and trustworthy and who are ready to work with you to find a financial product that meets your needs. If you meet their reasonable requirements, they will offer you online loans regardless of your credit rating. There are dozens of lenders offering different types of loans. payday loans, title loans, installment loans, etc.

Advantages

  • Dozens of reliable and trustworthy direct lenders
  • Quick approval and funding
  • Online and automated application process
  • Bad credit is considered

The inconvenients

Get Instant Access to Easy Loans on USA Bad Credit Loans Today! >>>

WeLoans – Best Overall for Bad Loans

WeLoans is arguably the best online platform for bad loans. Although fairly new to the market, it quickly caught on and became a household name in the United States. This allows borrowers with not-so-stellar credit to easily access loans from some of the most reputable lenders in the country.

WeLoans partners with a large number of direct lenders who can provide different loans, including title loans, payday loans, and personal loans for bad credit. The site strives to ensure that borrowers who are looking for urgent loans get their money as quickly as possible to help them with their needs.

To access a loan, all you have to do is complete a simple online form which is then immediately distributed to several lenders. These lenders review the application and get back to you within minutes with offers. Once you have settled on a lender, you will receive your money as quickly as the same day.

Advantages

  • Reliable and reputable lenders
  • Easy to use platform
  • No hidden fees
  • Fast and direct funds transfer

The inconvenients

  • You may need to provide proof of income to qualify

Get bad credit loans available on WeLoans today! >>>

CocoLoan – Best for same day loans with no credit check

CocoLoan is another great platform that connects borrowers with direct lenders that offer different types of loans without credit checks. If you have a financial emergency, this platform can connect you with lenders who will lend you up to 35,000% without a credit check and on the same day.

To get instant access to multiple lenders, just go to the CocoLoan site, complete and submit the simple online form, and you’ll start receiving offers right away. Start by reviewing each offer you receive to find the one that best suits your needs.

Once you have chosen your offer, you can respond to the lender and discuss the terms. You will receive your money quickly once you sign an agreement. Quick, easy and effortless.

Advantages

  • Practical – 100% online services
  • Dozens of reputable and reliable lenders
  • Effortless application, quick approval
  • Bad credit may qualify

The inconvenients

  • Some lenders may require proof of source of income.

Apply for a bad credit loan with instant approval on CocoLoan today! >>

Factors to consider when looking for the best loans for bad credit with guaranteed approval

Eligibility

Before applying for a loan, check your eligibility and their requirements. Even though payday lenders approve of low credit, some require a minimum FICO score of 620. You also need to consider your debt-to-equity ratio, which is your monthly expenses compared to your income. Lenders require borrowers to have a stable income to ensure timely repayments.

Interest charges

When you borrow money, the interest rate is crucial. Compare the minimum rates to see if they are reasonable. Also check your credit score because generally better credit means lower interest rates. bad lenders could offer fixed and non-variable interest rates. These fixed rates can remain constant for the duration of the loan, while variable rates are adjustable.

Terms and conditions

Before signing the contract, it is always advisable to read between the lines. Read carefully and make sure that the terms spelled out on the contract are favorable to your needs and you won’t have any problems with them during the repayment period.

Other expenses

Different lenders have different fees associated with the loans offered. For example, some lenders have initiation fees, processing fees, late payment fees, NSF check penalties, etc. Make sure you understand all the expected fees before signing the contract, so that there are no surprises in the future.

Last word

There aren’t many options available for people with bad credit. But that doesn’t mean you can’t get the help you need when you’re in a financial emergency. We have compiled these platforms to help you see some of the possibilities available that you can use when needed.

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Can undocumented immigrants apply for a credit card? https://darkholmekeep.net/can-undocumented-immigrants-apply-for-a-credit-card/ Wed, 14 Sep 2022 11:00:31 +0000 https://darkholmekeep.net/can-undocumented-immigrants-apply-for-a-credit-card/ After arriving in the United States, an undocumented immigrant has to deal with so many things that are foreign to him. Among them: the US financial system, which can be difficult to navigate even for those born in the US. Getting a credit card can be one item on an undocumented immigrant’s financial to-do list. […]]]>

After arriving in the United States, an undocumented immigrant has to deal with so many things that are foreign to him. Among them: the US financial system, which can be difficult to navigate even for those born in the US.

Getting a credit card can be one item on an undocumented immigrant’s financial to-do list. Undocumented immigrants can apply for a credit card in the United States, but they may have to jump through some hurdles to do so. These could include obtaining a federal tax identification number or obtaining a secured credit card.

“Many people we talk to in the immigrant community struggle to access credit because they haven’t had access to financial education about their rights in the financial system,” says immigration attorney Adina Appelbaum. , Certified Financial Advisor and Co-Founder of Immigrant Finance.

Immigrants tend to rely on expensive alternative financial services, such as check cashing companies, payday lenders and pawnbrokers, at great expense. Meanwhile, the services of traditional banks tend to be much more affordable. An undocumented immigrant’s financial education should focus on high-cost alternative financial services, says Magnus Larsson, co-founder and CEO of Majority (a digital bank for migrants).

Do you need a social security number to get a credit card?

No federal law prohibits an undocumented immigrant from getting a credit card in the United States, Applebaum says.

Based on their business practices, some credit card issuers require an applicant to provide a social security number. However, many credit card issuers accept a individual tax identification number as an alternative to the social security number. The nine-digit ITIN, while similar to the nine-digit SSN, is issued for tax purposes and does not entitle you to work in the United States or receive the benefits of the SSN.

Even with an ITIN, an applicant may not be approved for a credit card if they have no credit history. Not having a credit history is not inherently bad, it only means that you have never used credit-building financial products, such as a credit card or loan, in the United States.

If a Social Security number or ITIN is not an option, some credit card issuers may accept the applicant’s foreign passport or US driver’s license. Yet another alternative is Nova Credit Credit Passportthat an issuer can use to look up an applicant’s foreign credit history.

Credit card issuers that do not require an SSN

Credit card issuers that do not require an SSN include:

  • American Express
  • Bank of America
  • Capital one
  • Hunt
  • Town

How an undocumented immigrant can apply for a credit card

Contrary to popular belief, there are many other ways for an undocumented immigrant with no recorded credit history in the United States to obtain a credit card.

Get a secure credit card

Unlike an unsecured credit card, a secured credit card usually requires a cash deposit which acts as collateral. The guarantee protects the card issuer by guaranteeing repayment of any debt you may accumulate on the card. The credit limit for one of these cards is usually 50% or 100% of the deposit amount.

The purpose of a secured credit card is to help someone establish their credit history and then transition to a traditional unsecured credit card. Most, but not all, secured credit cards report a cardholder’s payment history to the credit bureaus, which slowly helps your credit score go up. If this information is not reported, your credit score will not increase, so be sure to apply for a secure card that regularly reports your payment activity.

Ask someone to be a co-signer

Another way to get a credit card is to find a co-signer. As part of this arrangement, someone else (often a relative) agrees to cover card payments or the entire balance if the primary cardholder is unable to do so. Keep in mind, however, that many major credit card issuers don’t allow co-signers.

Become an authorized user

You can also request to be added as an authorized user on someone else’s credit card. As an authorized user, you get your own card connected to the primary cardholder’s line of credit. This allows you to use the card to spend and enjoy all the benefits of the card.

The account holder is financially responsible for the monthly card payments and the entire card balance, although you can of course make arrangements with the primary card holder to pay them your balance each month. The person whose card account you join is usually a spouse or relative, but a friend is also possible, provided they are trustworthy and financially responsible.

If you or the primary account holder make payments on time each month, it will positively reflect on both of your credit reports, as payment history is regularly reported to the credit bureaus. This could be very advantageous for both parties. Some credit issuers do not report authorized user activity, so make sure your issuer does before you become a user.

Request a joint account

Another option is to apply for a joint credit card account with someone else, such as a spouse or family member, which makes you both the primary cardholder and responsible for covering the balance. The main attraction – maybe with your two incomes, the issuer will feel more confident to extend credit to you.

As with an Authorized User, each joint account holder’s payment activity is generally reported to the credit bureaus. So, if payments are made on time and regularly, you could see your credit history get stronger. However, note that many card issuers no longer offer joint credit accounts.

Get a credit card with no credit history

Some card issuers might be willing to approve an undocumented immigrant for a traditional unsecured credit card even if they have no credit history. It should be noted, however, that cards with no credit history may have drawbacks such as a higher than normal interest rate or a lower than normal credit limit. Still, if you’re careful not to overcharge your card and pay your bills on time each month, these cards work just as well for building up your credit.

Applebaum says that in many other countries credit is less commonly used than in places like the United States. Therefore, an undocumented immigrant may arrive in the United States with no credit history.

“For immigrants who have a credit history in their home country, many are unable to transfer their credit history once they arrive in the United States, so they have to start from scratch,” she says. “In addition, people who have no immigration status or who have uncertain and temporary types of status or who are in between statuses may have difficulty opening credit cards and not knowing if they are eligible to have them in the first place.”

How to Build Credit as an Undocumented Immigrant

“Learning to manage a credit card responsibly and pay it off in full each month over time is one of the best ways to build a solid credit score through payment history and length of credit. credit history,” says Applebaum.

Payment history makes up 35% of your FICO credit score, the most widely used scoring model, while length of credit history makes up 15%. Here are some other tips you could try to build your credit:

  • Open a bank account in the United States Some credit card issuers may require an applicant to have a US bank account.
  • Pay all your bills, such as rent and utility bills, on time each month. Not only will you get used to paying your bills regularly, but you can also include these payments in your credit report through Experian Boost.
  • Maintain a low overall amount of debt. The amount of debt you carry relative to your total credit limit, also known as the credit utilization rate, is 30% of your FICO credit score. “Don’t get caught in the spiral of expensive credit,” advises Larsson.
  • Consider transferring your credit history from your home country to the United States Larsson says credit card issuers “need to go beyond the existing credit score system” to account for disadvantaged consumers like undocumented immigrants.
  • Avoid applying for too many credit cards at once. Those with credit ratings would experience several tough demands, which would lower your rating by a few points. When it comes to people with no credit, you still shouldn’t apply for too many cards at once – lenders will think you have financial problems and pose greater credit risk.
  • Avoid payday loans. The APR for a payday loan can be 400% or more, which is much higher than the typical APR for a credit card or personal loan. Larsson calls payday loans an “evil” form of credit that preys on undocumented immigrants.

The bottom line

Navigating the US financial system as an immigrant, including the process of obtaining a credit card, can be daunting. “The system is not designed for people who weren’t born and raised here financially,” Larsson says.

Fortunately, credit cards are available to undocumented immigrants, although they can be difficult to obtain. And, there “are no shortcuts,” says Larsson.

You don’t necessarily need a social security number to qualify for a credit card. In addition, several credit options are available for undocumented migrants who wish to obtain a credit card. These include a secured credit card, which requires a cash deposit, or a credit card designed for someone with no credit history. By working through the application process and being responsible for credit, an undocumented immigrant can reach over 80% of adults in the United States who have credit cards.

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The fight for abortion rights in the United States is all over the map https://darkholmekeep.net/the-fight-for-abortion-rights-in-the-united-states-is-all-over-the-map/ Tue, 13 Sep 2022 22:27:00 +0000 https://darkholmekeep.net/the-fight-for-abortion-rights-in-the-united-states-is-all-over-the-map/ A version of this story appears in CNN’s What Matters newsletter. To receive it in your inbox, subscribe for free here. CNN — Good luck trying to stay on top of the fight for abortion rights in the United States. It’s everywhere, all over the map, and it’s all happening right now. West Virginia on […]]]>

A version of this story appears in CNN’s What Matters newsletter. To receive it in your inbox, subscribe for free here.



CNN

Good luck trying to stay on top of the fight for abortion rights in the United States. It’s everywhere, all over the map, and it’s all happening right now.

  • West Virginia on Tuesday passed a near-total abortion ban that is now headed for the governor.
  • Indiana’s near-total abortion ban will go into effect later this week.
  • It was Republicans who obstructed a near-total abortion ban in South Carolina last week.
  • The blue states, on the other hand, organize advertising campaigns to invite people from outside the state to come for treatment. California launched a website on Tuesday for this purpose: Abortion.ca.gov.

A GOP proposal, introduced Tuesday by Sen. Lindsey Graham of South Carolina, would impose a nationwide ban on abortion after 15 weeks of pregnancy, with exceptions for rape or incest or to protect mother’s life.

Graham noted that the proposal would put the United States in line with many European countries. The big difference is that US states would still be able to impose stricter abortion bans like those taking effect in several states.

Graham’s bill seeks to counter a bipartisan proposal introduced in the Senate last month that would bring back the Roe v. Fetal viability wade.

Republicans hoping to take control of the House and Senate fear the issue will turn public opinion against them and hope Graham’s proposal will offer abortion rights opponents something to support in November.

There is a sort of balance here, because neither a proposal to legalize abortion nor to ban it has much chance of obtaining the supermajority of 60 votes necessary to become law, since the Senate is beholden to systematic obstruction. Anger to the Supreme Court for stripping American women of the right they have had for nearly 50 years is more likely to motivate voters in November’s midterm elections.

Interactive map: Find out where abortion is banned – and where it’s still in limbo

West Virginia lawmakers pass abortion ban. Both state legislative houses passed a ban that provides exceptions for victims of rape and incest, but only within eight weeks of pregnancy for adults and 14 weeks for minors, and only if the crimes are reported to law enforcement. Read more.

A near-total abortion ban goes into effect Thursday in Indiana. Indiana was the first state in August to pass such a restrictive law since the Supreme Court struck down Roe v. Wade. Other bans were triggered by the court ruling.

New Indiana law includes exceptions for savings life of the mother and for fatal fetal anomalies up to 20 weeks after fertilization, and it allows exceptions for pregnancies resulting from rape and incest. Read more.

A Republican filibuster to protect the absolute minimum right to abortion in South Carolina. It was a few Republicans, including the three female GOP members of the chamber, who ended a proposal for a near-total ban on abortion in South Carolina last week. Read the story from CNN’s Veronica Stracqualursi, Andi Babineau and Jon Passantino.

A six-week abortion ban had previously been passed in the state, but is the subject of a court battle, so a 20-week ban is currently in effect there.

CN report included this quote from a Republican state legislator who was among the few to block the near-total ban pushed by her colleagues:

“If you want to believe that God wants you to pass without exception a bill that kills mothers and ruins the lives of children, allows mothers to bring babies home to bury them, then I think you are miscommunicating. with God or maybe you “I just don’t communicate with him,” Republican Senator Katrina Shealy said Wednesday in a fiery Senate speech to her male colleagues.

“I know we disagree on a lot of issues, but hearing you talk about menstrual cycles, conception, how you know when your egg is fertilized or having a baby, I have to tell you it really disgusts me. “

A vote is approaching in Michigan. Voters will have their say in November. A Michigan Last week, a state judge declared a 1931 abortion ban unconstitutional. The state Supreme Court then ordered that a citizens’ initiative ballot measure to enshrine the right to abortion appears on the November ballot.

Proposition 3 would establish an “individual right to reproductive freedom, including the right to make and enforce all decisions regarding pregnancy.” Learn more about Stracqualursi, who is aware of these developments for CNN.

On the ballot in five states. Michigan isn’t the only state with an abortion-rights-related amendment on the November ballot:

  • California and Vermont will also give voters the option to create a constitutional right to abortion.
  • Kentucky voters will be asked to clarify that the state constitution does not create a right to abortion (Kansas voters rejected such an amendment in August).
  • Montana voters will be asked to impose criminal penalties on health care providers who fail to act to preserve the lives of infants born during abortion.

Read the full recap of the November amendments, again from Stracqualursi.

Michigan Governor Gretchen Whitmer is one of many Democrats who hope the abortion rights issue will help her overcome her frustration with the economy and inflation, as Dana discovered. CNN’s Bash and Abbie Sharpe on a trip to the state.

It’s a similar story in Pennsylvania, where CNN’s Gregory Krieg found Democratic Senate candidate John Fetterman trying to woo suburban women.

“Women are the reason we can win,” Fetterman said. “Don’t piss off women.” Learn more about Fetterman’s abortion rights push.

While the decision to overturn Roe v. Wade reshaped the political landscape this year, the court’s conservative bloc remained mostly out of sight, writes CNN Supreme Court pundit Joan Biskupic.

From his report:

There is no denying that the public is finding it increasingly difficult to see federal judges appointed for life as neutral decision makers.

Yet the conservative majority on the Supreme Court has largely responded with distance and denial. In the weeks following their controversial decisions in late June, the judges demonstrated a lack of awareness of public concern and appeared even more out of touch, gravitating around like-minded audiences and speaking out in closed places.

She quotes Chief Justice John Roberts during an appearance in Colorado Springs:

“If the court does not retain its legitimate function of interpreting the Constitution,” he said. “I don’t know who would take on that role. You don’t want political branches telling you what the law is, and you don’t want public opinion to guide the proper decision.

Biskupic adds that Roberts “arguably misses the point that emerges from the public responses: that the court appears to be abandoning its constitutional role, in favor of an indistinguishable role from the political branches.”

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