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Good debt, bad debt: making a difference

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Good debt, bad debt: making a difference

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Americans are becoming more aware of how to live with and manage debt after the US hit a new record $14 trillion in household debt. Consumer credit in all its forms, from student loans and loans for mortgages to credit cards and auto loans, has grown since the financial crisis. The strong economy, as well as the labor market, has encouraged many people to borrow more.

You don’t have to be in debt all the time. In fact, most people will divide their borrowing into two categories: good debt and negative debt. A good way to increase your net wealth is to use good debt via ConsolidationNow site. This includes a goal like buying a home or getting a college diploma. It is better to have good debt with a low interest rate. Also, it is tax-deductible. Bad debt means money borrowed to buy items that won’t hold up or that you cannot afford. Cozumel is a place you can finance using a personal loan or your home equity loan. 

Sometimes, the line between good and poor debt is blurred. Many experts consider car loan or other depreciating assets bad loans. Michele Cagan, chartered accounting and author, states that taking on debt to repair or buy a vehicle is not a good idea. Debt 101.

To have too much debt of any type can prove to be overwhelming. Bad debt can also make you feel miserable, as many households experienced in the years before the 2008 financial meltdown. Cagan states that rather than avoiding debt entirely, it is important to understand its purpose and determine what you can afford. It is important to understand the details of the loan. You need to know when you can start making payments and the interest rate. It is important to consider how these payments can be incorporated into your budget.

Paying with strategies

You don’t have to pay back all the money you borrowed once you are close to repayment. Start by making a list of all your debts, including the interest rate, repayment dates, lenders, and how much you borrowed. Include the minimum payment needed to cover each debt in your monthly financial plan. (If your monthly budget is not sufficient to cover the minimum payment, you can see below. Next, find out how much extra you can afford for your debts. Next, make a plan that will speed up the repayment. While making larger payments can put you on a tight budget, aggressively paying off your debts will make them disappear faster and save you hundreds to thousands of dollars in interest.

Simple calculations reveal that paying off your debt at the highest interest rates first and making the least payments to others, also known as Avalanche Method, can save you money. This is how it works. Some borrowers prefer the snowball strategy. You start by tackling the smaller balance first, then move that payment to the next lower debt. Cagan says that although it isn’t the most efficient way to get out debt, creating a snowball can help borrowers stay motivated, as they can see how far they have come.

There are many ways to manage your debt depending on the type of debt. Current interest rates have fallen compared to historic rates. Therefore, it may be possible to refinance your debt at lower rates and to use the extra cash to repay your debt faster or increase your savings.

A majority of credit cards interest rates hover around 15% to 20%. Credit card debt is likely be costly and you will need to pay it off quickly. If you’re paying off your debt, you might also consider transferring the balance onto a new credit card, which will not charge interest on transfers for a certain period. Most issuers give cardholders an opportunity to keep their interest-free balance for up to one year. A few issuers also waive promotional balance transfer fee. Remember to pay off the balance by end of the introductory period. Interest rates are generally higher during this time. Try negotiating with your lender for a lower interest.

Student loans are available.

According to College Board data, the average debt of students who borrowed money for college was $ 29,000. In recent years, federally guaranteed student loan interest rates have varied between 3.4% and over 7%. Fixed interest rates offered by private lenders range between about 4% and 14%. Variable rates can range from around 3-12%.

Consolidating federal student loans through government may make the payments more convenient but it will not lower interest rates and save you money. The interest rate for the new loan will be the weighted average interest rates of all the loans combined. If this is your route, you might want to consider exempting the highest rate loan and making prepayments.

You can choose a new federal plan through consolidation. There are three options that go beyond the standard 10-year plan. They include plans that make your monthly payments longer, plans that gradually increase your amount each month, and plans based on income. . Visit StudentLoans.gov for a breakdown of your monthly repayments and to view the terms of different repayment plans. The longer your repayment period, the higher the interest rate you’ll have to pay. You should choose the plan that you can afford the highest monthly installment.

Refinance with private lenders to reduce your student loan interest rate. Private lenders will refinance both federal and private student loans into one loan. If you have a great credit history from college, you can likely get a lower interest rates on private loans. Also, the rate of federal student loans could be lower.

Refinancing federal loans with a private bank will typically result in losing many of the protections and benefits associated with federal student loan loans such as deferral or forbearance. But, some borrowers (especially those with high-paying job opportunities) decide that the savings achieved by lower interest rates is worth the tradeoff.

When you go too deep

You can contact your creditors if there are any problems paying your loans, or if you think you might have missed a repayment. Tell your creditors what’s happening and they will help you to find solutions. Many creditors will offer to modify the due date, waive interest and late charges for a certain period of time or offer additional options.

Credit counseling, which offers financial advice, and debt management plans, is an option if your debts aren’t paying off. As lenders are more likely to agree on new terms for your debt, working with a non-profit like the National Foundation for Credit Counseling could help to lower your interest rate and payment schedule.

Booming segments of the debt consolidation market; Investors Seeking Eye-Catching Growth: Explore Personal Loans, Pacific Debt, OneMain Financial, Liberty Debt Relief

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The latest published Debt Consolidation Market Research has assessed the future growth potential of the Debt Consolidation Market and provides useful information and statistics on the structure and size of the market. The report aims to provide market insights and strategic insights to help decision makers make sound investment decisions and identify potential gaps and growth opportunities. Furthermore, the report also identifies and analyzes changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in the Debt Consolidation market. The study includes analysis of market shares and profiles of players such as Marcus by Goldman Sachs (US), OneMain Financial (US), Freedom Debt Relief (US), National Debt Relief (US United States), Pacific Debt (United States). , Discover Personal Loans (US), Premier Debt Help (US), Lending Club (US), Payoff (US),

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Definition: Debt consolidation is a solution to overburdening consumers with credit card debt. Consolidation reduces costs by lowering the interest rate on debts and reducing monthly payments by merging multiple bills into one debt. There are two main types of debt consolidation, one is to take out a loan or enroll in a debt management program that doesn’t work.t include the loan. The first step towards debt consolidation is to calculate the total amount to be paid each month and then the average interest paid on these cards. The second step is to review the monthly budget and other necessities.

Market factors:

Increase in the number of financial institutions

Increase in credit card acquisitions

Market trends:

Increase in advertising campaigns for debt consolidations

Increase the number of online websites and applications

Market opportunities:

Increase in the number of bank credit card initiatives

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The global debt consolidation market segments and market data breakdown are illustrated below: by type (debt consolidation with loan, debt consolidation without loan), application (individual, business), services (professional service , managed services), form (secure, insecure)

The Global Debt Consolidation Market report highlights insights regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders to make decisions that can help ensure the trajectory of earnings over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:

The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egypt, etc.)

North America (United States, Mexico and Canada)

South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia).

Report objectives

To carefully analyze and forecast the Debt Consolidation Market size by value and volume.

-Estimate the market shares of the main segments of Debt Consolidation

– To present the Debt Consolidation market development in different parts of the world.

To analyze and study the micro markets in terms of their debt consolidation market contributions, prospects, and individual growth trends.

-Offer accurate and helpful details on factors affecting debt consolidation growth

-To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Debt Consolidation Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Main highlights of the table of contents:

Debt Consolidation Market Study Coverage: It includes major manufacturers, emerging player’s growth story and major business segments of Debt Consolidation market, years considered and research objectives. Further, segmentation based on product type, application, and technology.

Debt Consolidation Market Executive Summary: It provides a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, along with macroscopic indicators.

Debt Consolidation Market Production by Region Debt Consolidation Market profile of manufacturers-players is studied on the basis of SWOT, their products, production, value, financials and data. other vital factors.

Key points covered in the Debt Consolidation market report:

Overview, Definition and Classification of Debt Consolidation Market Drivers and Obstacles

Debt Consolidation Market Competition by Manufacturers

Impact analysis of COVID-19 on the debt consolidation market

Debt Consolidation Capacity, Production, Revenue (Value) by Region (2021-2027)

Debt Consolidation Supply (Production), Consumption, Export, Import by Region (2021-2027)

Debt Consolidation Production, Revenue (Value), Price Trend by Type {Debt Consolidation With Loan, Debt Consolidation Without Loan,}

Debt Consolidation Market Analysis by Application {Individual, Corporate}

Debt Consolidation Manufacturers Profiles/Analysis Debt Consolidation Manufacturing Cost Analysis, Supply Chain/Industry Analysis, Sourcing Strategy and Downstream Buyers, Marketing

Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

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Answers to key questions

How feasible is the debt consolidation market for a long-term investment?

What are the factors influencing the demand for debt consolidation in the near future?

What is the impact analysis of various factors on growth of the Global Debt Consolidation Market?

What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (551) 333 1547
[email protected]

What is debt consolidation and should I consolidate?

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Debt consolidation consolidates multiple debts, usually high-interest debts such as credit card bills, into one payment. Debt consolidation might be a good idea for you if you can get a lower interest rate. This will help you reduce your total debt and reorganize it so you can pay it off faster.

If you are facing a manageable amount of debt and just want to rearrange multiple bills with different interest rates, payments, and due dates, debt consolidation is a good approach that you can tackle on your own.

How to consolidate your debt

There are two main ways to consolidate your debt, both of which concentrate your debt repayments on one monthly bill.

  • Obtain a 0% interest, credit card with balance transfer: Transfer all your debts to this card and pay the balance in full during the promotional period. You will likely need good or excellent credit (690 or higher) to qualify.

  • Benefit from a fixed rate debt consolidation loan: Use the loan money to pay off your debt, then repay the loan in installments over a set period. You may qualify for a loan if you have bad or good credit (689 or less), but borrowers with higher scores will likely qualify for the lower rates.

Two additional ways to consolidate your debts are to subscribe to a home equity loan Where 401(k) loan. However, both of these options come with risks — for your home or your retirement. In any case, the best option for you depends on your credit rating and profile, as well as your debt to income ratio.

debt consolidation calculator

Use the calculator below to see whether or not it makes sense for you to consolidate.

When debt consolidation is a smart decision

A successful consolidation strategy requires the following:

  • Your monthly debt payments (including your rent or mortgage) do not exceed 50% of your gross monthly income.

  • Your credit is good enough to qualify for a credit card with a 0% interest period or a low interest debt consolidation loan.

  • Your cash flow routinely covers your debt repayments.

  • If you choose a consolidation loan, you can pay it off in five years.

Here’s a scenario where consolidation makes sense: Suppose you have four credit cards with interest rates ranging from 18.99% to 24.99%. You always make your payments on time, so your credit is good. You may qualify for an unsecured debt consolidation loan at 7%, a significantly lower interest rate.

For many people, consolidation reveals a light at the end of the tunnel. If you take out a three-year loan, you know it will be paid off in three years, assuming you make your payments on time and manage your expenses. Conversely, making minimum payments on credit cards can mean months or years before they are paid off, while accumulating more interest than the original principal.

Consolidate your debt if you can get a loan on better terms and/or it will help you make your payments on time. Just make sure that this consolidation is part of a larger deleveraging plan and that you’re not accumulating new balances on the cards you’ve consolidated. Learn more how to tackle credit card debt.

A personal loan allows you to repay your creditors yourself, or you can use a lender who sends money directly to your creditors. Discover the steps necessary to get a personal loan.

Debt consolidation can improve your credit if you make payments on time or if the consolidation reduces your credit card balances. Your credit can be affected if you increase your credit card balances again, close most or all of your remaining cards, or miss a payment on your debt consolidation loan. Learn more about how debt consolidation affects your credit score.

When Debt Consolidation Isn’t Worth It

Consolidation is not a magic bullet for debt problems. It doesn’t address the overspending habits that create the debt in the first place. This is also not the solution if you are burdened with debt and have no hope of repaying it even with reduced payments.

If your debt is low — you can pay it off in six months to a year at your current rate — and you’d only save a negligible amount by consolidating, don’t bother.

If your total debt is more than half of your income and the above calculator reveals that debt consolidation is not your best option, you better ask for debt relief than treading water.

It’s time to crush the debts

Sign up to link and track everything from cards to mortgages in one place.

Biden’s student debt relief goes to court today. Here is the GOP argument.

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  • Six Republican-led states are seeking to block Biden’s student loan forgiveness.
  • A federal judge will hear their arguments on Wednesday.
  • They say the relief will hurt state and corporate revenues.

Wednesday could be a turning point for President Joe Biden’s plan to cancel student loans.

A federal judge will hear oral arguments from six Republican-led states that sued Biden over his decision to implement debt relief of $20,000 per borrower, arguing the relief would hurt their states’ tax revenues and financial operations of MOHELA loan company in Missouri, where the complaint was filed. It’s one of at least five major GOP lawsuits that have been filed in an effort to block the policy. If a judge ruled in favor of the group, the long-awaited loan forgiveness would not move forward.

Late last week, the Biden administration filed its first legal defense of the plan and pushed back against all arguments from GOP-led states on why the plan should be blocked, including justifying the Secretary’s power. education to cancel student debt under the HEROES Act of 2003. He also dismissed concerns that the relief would harm MOHELA’s operations, saying it was not legally justifiable.

In a filing in court On Tuesday, the group argued otherwise.

“If there was any doubt about the illegality of the cancellation before, there is now none,” the filing said. “The defendants’ show cause memo, which the secretary approved early the same morning it was completed, does not address key statutory elements of the HEROES Act, does not contemplate a single alternative to the forgiveness of billions in debt and does not even attempt to justify the central eligibility requirements contributing to the mind-boggling scope of Cancellation.”

Here are the main points the Republican group will likely address in court, according to the filing:

The financial damage suffered by debt consolidation

After announcing the relief, the Department of Education said borrowers of the Federal Family Education Loan Program, which facilitated private lending, could consolidate their debt into direct federal loans to receive relief. loan forgiveness. But in late September, the department revised its guidelines to say FFEL borrowers could not consolidate debt for relief, likely in response to the impending lawsuits.

The Republicans filing suits said they still bear the financial losses from the consolidation as the process may be underway for borrowers who made the switch before the September guidelines, and they called for a pause on the debt relief and any related consolidation.

They said that to remedy “at least some of the damage already inflicted by widespread Department-induced consolidation”, borrowers should be forced to repay their lenders for lost interest caused by the consolidation.

Financial damage to MOHELA

Republicans hit back at the Biden administration’s assertion that MOHELA was separate from the state and that any financial loss to the company would not affect the state. They said that MOHELA was accountable to the Missouri government and that because canceling student loans would influence direct loan revenue, “it reduces MOHELA’s resources to perform these essential educational advancement functions for Missouri”.

They added: “It is unquestionably harmful to the state.”

The filing also says that the debt relief caused “concrete and direct – and enormous” harm to MOHELA’s finances, adding that there would be an annual loss of tens of millions of dollars in revenue if the relief goes ahead. materialized.

Financial damage to states

Republicans representing Arkansas, South Carolina, Iowa, Kansas, Nebraska and Missouri have all said the states could suffer a loss of revenue due to student loan forgiveness, even if the defense of Biden said any loss was “too speculative and muted.” While each state can operate under its own tax code, changing its laws to conform to federal law would ease the burden on taxpayers and tax officials, Biden’s team said, adding, “Forcing them to cancel it will frustrate those goals.”

Misinterpretation of the HEROES Act

The Biden administration has long defended its one-time student loan forgiveness under the HEROES Act of 2003, which gives the Secretary of Education the ability to waive or change student loan balances in connection with a national emergency, such as COVID-19. Like many Republican lawmakers and conservatives, the GOP group said the policy was an excess of that authority.

Emergencies are temporary, he said, adding that any response to them must also be temporary, referring to the ongoing pauses in student loan payments since the start of the pandemic. The filing also said blanket debt forgiveness was “inconsistent with the limited purpose for which the HEROES Act grants authority in the first place.” He added that Biden failed to show how up to $20,000 in relief was the amount needed to avoid financial harm to borrowers.

The public can tune in to Wednesday’s hearing hereand a summary of Biden’s defense can be read here.

Stock of electric motorcycle brand Livewire increases after merger

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Harley Davidson electric motorcycle subsidiary Livewire saw its shares jump 24% today after news of a merger with AEA-Bridges Impact Corp.

Harley Davidson (NYSE:HOG) launched its Livewire (NYSE:LVWR) brand in 2014 by unveiling a prototype electric motorcycle. Since then, the company sold the Livewire motorcycle under the Harley Davidson brand, but has since split the motorcycle into its own brand. Livewire was listed on the NYSE and has now merged with a special purpose acquisition company (SPAC), AEA-Bridges Impact Corp (NYSE: IMPX.U).

With SPAC’s investment, not only did the stock jump 24%, but Livewire received a valuation of $1.77 billion, according to the SPAC website. Looking further into SPAC, their investment focus is broad as they seek to invest in “sustainable businesses”, which has attracted SPAC to invest.

“We are at the confluence of two seminal changes impacting the industry – vehicle electrification and sustainability…,” says John Garcia, President and Co-CEO of AEA-Bridges Impact Corp, “LiveWire is well positioned to become the first sustainable electric motorcycle brand and redefine the industry by leveraging the manufacturing and distribution expertise of Harley-Davidson and KYMCO.We are thrilled to partner with Harley-Davidson and the team. LiveWire to help define the future of electric motorcycles as the industry continues its rapid transformation.

Press releases from Harley, AEA Bridges Impact and Livewire did not indicate plans for the brand. Still, at the very least (as noted by the SPAC presidents), they are well positioned by being reasonably early in the electric motorcycle market.

So far, Harley is one of the few select manufacturers in the electric motorcycle market. Zero Motorcycles and Enercia are examples of startups in the space, but larger names such as Yamaha, KTM, BMW or Kawasaki have remained absent. Honda, the world’s largest motorcycle manufacturer, recently announced plans to offer electric motorcycle options worldwide, but they have yet to materialize.

The biggest challenge facing Livewire is price. Hopefully, with continued investments like today’s, the brand will be able to make electric motorcycles more competitive against their gas-powered counterparts.

Disclosure: William is not invested in any company related to the Livewire merger.

What do you think of the article ? Do you have any comments, questions or concerns? Email me at [email protected]eslarati.com. You can also reach me on Twitter @WilliamWritin. If you have topical advice, write to us at [email protected]!

Stock of electric motorcycle brand Livewire increases after merger






Premium Motorcycle Brand Enters Brunei Market

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James Kon

Widely known for its racing DNA and excellent quality, the iconic global motorcycle brand Ducati will make its grand entrance into the Brunei market tonight with a launch ceremony at the Bee Motors Sdn Bhd showroom, Beribi.

The announcement of the brand’s arrival in the Sultanate was made yesterday at a press conference chaired by Ducati Asia-Pacific Vice Principal Marco Biondi and Ducati Brunei Operations Manager Tony Pang.

With the presence of the brand in the Sultanate, Ducati is now available in 96 countries with 70 importers and 795 dealers and service points. Ducati Asia Pacific’s assistant manager shared the brand’s rich history during a presentation. Ducati’s mission, he said, is “to enrich people’s lives through the incredible experiences offered by the highest quality, most beautiful and most high-tech electric two-wheeler products. “.

He also revealed that there are 305 official Ducati clubs worldwide with 33,553 active members.

Meanwhile, Tony Pang said: “Ducati Brunei is managed by Bee Motors Sdn Bhd who obtained the license to be an official Ducati distributor in the country in April 2022. The 144 square meter Ducati Brunei showroom will house the ranges of Ducati models. , accessories and clothing as well as a service center with two standard repair bays and parts supply.

Ducati Asia Pacific Vice Principal Marco Biondi and Ducati Brunei Operations Manager Tony Pangin a group photo with a Ducati Streetfighter V4S. PHOTO: JAMES KON

He also revealed his future plans, including riding tours, rallies and meetups, the latest collection of apparel and accessories, and an offer to support the local official Ducati club.

Regarding the partnership with Bee Motors, Marco Biondi said: “Bee Motors has experience in the automotive industry. They have extensive knowledge of the motorcycle industry and we are very pleased with their knowledgeable technicians and after-sales service.

“We want to establish a presence in Brunei. We have already received a good response from the public even before the showroom launch with all Ducati models,” he said.

The Ducati scrambler 800 range, Multistrada V4 and V4S, Panigale VS Bayliss 1st Championship 20th Anniversary, Streetfighter V4 and V4S as well as Monster will be on display in the showroom.

House approves bill to split spousal student debt

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The House passed a bill on Wednesday to allow couples who have combined their student loans while married to separate the debt, sending the measure to President Biden and bringing some borrowers closer to eligibility for debt relief.

In the 16 years since Congress ended spousal consolidations, borrowers have struggled to find a way to break their loans. The short-lived federal program made couples legally responsible for each other’s student debt in exchange for a one-time payment and a lower interest rate. But that made it impossible to break the debt, even in the face of domestic violence or divorce. He also trapped hundreds of people into loans ineligible for debt relief initiatives, including Biden’s recent loan cancellation plan.

Congress renews fight to help those trapped in spouse’s student loans

Wednesday’s 232-193 vote comes three months after the Senate passed the Joint Consolidation Loan Separation Act, introduced by Sen. Mark R. Warner (D-Va.) and Rep. David E. Price (DN.C.).

House Republicans have raised objections to giving the Department of Education more authority over federal loans held by private entities because the bill would turn the debt into separate direct loans held by the federal agency. They also argued that the Senate bill failed to protect both borrowers and could take more than a year to implement.

Representative Virginia Foxx (NC), the top Republican on the House Education Committee, listed her concerns about the bill in the House on Tuesday, calling it “well-intentioned” but “flawed.”

She introduced the alternative legislation this would allow borrowers to immediately split their debt into two loans which would remain in the hands of private entities. Borrowers could then opt to join the direct lending program to become eligible for debt relief. A motion to review Foxx’s bill narrowly failed on Wednesday.

The act of separation approved by lawmakers allows borrowers to split their loans based on the initial proportion of the debt they brought. The two new federal direct loans would have the same interest rates as the joint consolidation loan. Each borrower could also transfer eligible payments made on the joint loan to the Civil Service Loan Forgiveness Program, which clears civil servants’ balances after 10 years of payments and service.

“I am thrilled to see the passage of this common-sense bill that will bring immense relief to borrowers who are victims of abusive or uncommunicative spouses,” Price said Wednesday. “These borrowers have been trapped, with no legal options available, and this bill will give them the opportunity to regain their financial freedom.”

Since 2017, Price and Warner have introduced the bill three times. They broached the issue several years ago after meetings with voters desperate to disentangle their student loans from those of their former partners.

Warner said Wednesday he looked forward to pitching him in front of Biden as soon as possible.

“For too long, individuals have been tied to abusive or insensitive ex-partners through joint student loans,” Warner said. “This legislation provides financial freedom to those who have spent decades unfairly held accountable for their former partner’s debt.”

Between 1993 and 2006, more than 14,700 people combined their debts through the spousal consolidation program, according to federal data obtained by the Student Borrower Protection Center. Many loans have been paid off over time, but there are still about 770 loans left, according to federal data.

Motorcycle brand Triumph to open new dealership in Chester

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A NEW dealership for the legendary Triumph motorcycle brand will open in Chester this month.

The new boutique dealership, which has been created in conjunction with Completely Motorbikes, will open on Thursday 22nd September at Deva Business Park in Deeside. Owned by Rob Ayland, this will be the second Triumph dealership in Completely Motorbikes’ portfolio, which also includes Triumph North Wales.

Triumph, which celebrated 120 years of manufacturing motorcycles in 2022, employs around 2,000 people worldwide and has been based for three decades in Hinckley, Leicestershire.

Completely Motorbikes is an official sponsor of the Bennetts British Superbike Championship and has an established track record in the region.

The launch is expected to create many new jobs in the region.

Devron Boulton, Managing Director of Triumph UK & Ireland, said: “We are delighted to open a dedicated showroom in Chester, creating an immersive experience for customers that will fully showcase our market-leading motorcycles, products and services. With such an exciting line of new motorcycles on offer, there’s every reason to pay Triumph Chester a visit.”

Rob Ayland, Owner of Completely Motorcycles, said: “We are extremely proud to expand our Triumph portfolio with Triumph-Chester. When designing the new dealership, we invested in many industry leading features including full showroom air conditioning which will ensure ultimate comfort for our customers. .

“I’m sure James, Anna, Gary and the rest of the team will continue Abergele’s warm welcome to the Chester store. It’s a generational opportunity that we look forward to welcoming you to.”

The new dedicated dealership will be able to provide Cheshire customers with high quality local support, service and expertise, as well as online service booking at: www.triumph-chester.co.uk.

Further recruitment for Triumph Chester is currently open by emailing [email protected]

HHS Joins CFPB to Protect Nursing Home Residents and Their Caregivers From Illegal Debt Collection Practices

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In joint letter with CFPB, HHS urges nursing homes and debt collectors to ban requiring caregivers to bear responsibility for cost of resident care

Today, the U.S. Department of Health and Human Services (HHS), through the Centers for Medicare & Medicaid Services (CMS), stepped up efforts to protect nursing home residents and their caregivers from illegal methods of securing payment for care. CMS, in partnership with the Consumer Financial Protection Bureau (CFPB), sent a joint letter to retirement homes and their debt collectors urging them to review their debt collection practices and ensure they comply with Federal law that prohibits nursing homes from requiring family members or caregivers to guarantee payment for a resident’s stay in a nursing home.

The letter was prompted by concerns that some nursing facilities have tried to circumvent this ban by creating admission contracts that attempt to hold third parties liable for a resident’s debt. However, CFPB and CMS point out that contract terms that conflict with the federal ban are unenforceable.

The letter represents the latest efforts by HHS to build on the Biden-Harris administration’s commitment to ensuring older Americans and people with disabilities receive the care they need. With his State of the Union address earlier this year, President Biden announced a series of reforms improve the safety and quality of care in nursing homes, hold nursing homes accountable for the care they provide, and make the quality of care and ownership of facilities more transparent so residents and potential caregivers can take informed decisions about care.

“A carer making difficult decisions about the future of their loved one should have the peace of mind knowing that nursing homes will not unlawfully force a family to take responsibility for medical debt,” said the secretary of the HHS, Xavier Becerra. “We expect care homes to act responsibly and obey the law. HHS continues to follow through on President Biden’s commitment to improve the safety and quality of retirement homes. »

“Nursing home residents and their families have the right to be free from harassment and financial pressure from facilities,” said CMS Administrator Chiquita Brooks-LaSure. “CMS supports the CFPB’s goal of ensuring that nursing home debt collection practices comply with federal law. The Bureau’s action complements the important work that CMS and our partners are doing to support the Biden-Harris administration’s initiative to improve the safety and quality of care in our nation’s nursing homes.

CMS enforces the Nursing Home Reform Act of 1987, which prohibits nursing homes participating in Medicaid or Medicare from requiring a third party such as a family member or caregiver to personally guarantee the payment of a resident’s living expenses as a condition of admission (or expedited admission), or as a condition of continued stay at the facility. The CFPB enforces federal laws governing debt collection and credit reporting that protect caregivers from illegal practices by debt collectors who wrongly attempt to hold caregivers accountable for the costs of their loved one’s care and who report inaccurate information. on caregivers to credit bureaus. With this action and others, HHS and the CFPB are working together to ensure that the approximately 48 million guardians in the United States are not subjected to coercive tactics and illegal practices by debt collectors. .

In addition to today’s letter, HHS has heeded President Biden’s call to action to improve home nursing care for older Americans and people with disabilities by:

  • CMS has launched the public consultation process and research study that will inform the future development of the staffing requirements rules, with a commitment to publish the proposed minimum staffing rule by spring 2023.
  • CMS has launched the public consultation process that will inform the future development of rules to incentivize better staffing, namely measures on staffing levels and staff turnover for the purchase program based on the value of Medicare skilled nursing facilities.
  • CMS released data publicly — for the first time — on mergers, acquisitions, consolidations, and ownership changes for Medicare-enrolled hospitals and nursing homes.
  • CMS released a proposal that would require retirement home owners to be fingerprinted for federal background checks to address oversight reports of abuse and fraud to Medicare by retirement home owners.
  • CMS has taken steps to improve Care Compare, the nursing home comparison site, by better integrating verifiable information on staffing levels into the 5-star rating system.
  • CMS has updated its guidance to care home inspectors, including requiring infection control specialists to be on-site (not off-site consultants).
  • CMS released a newsletter detailing steps states can take using existing Medicaid authorities to improve health outcomes for nursing home residents and improve staff salaries, training and retention efforts.

Is Bajaj ready to revive British motorcycle brand Vincent?

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Iconic British motorcycle brand Vincent could be revived with recent reports that the brand and naming rights have been acquired by India’s Bajaj Auto. Bajaj is India’s largest exporter of motorcycles, and leaked documents online seem to suggest that the Indian two-wheeler giant has indeed registered a trademark for the Vincent brand. So, is Bajaj planning to move into the modern classic motorcycle segment, becoming another Indian manufacturer to revive a historic British motorcycle marque?

Read also : Modern Classic Motorcycles – New Wave of British Heavy Metal

A 1955 Vincent Black Shadow. The Vincent Black Shadow was the fastest production motorcycle when introduced in 1949 and could reach a top speed of 125 mph (200 km/h).

Did Bajaj acquire Vincent?

carandbike has contacted Bajaj Auto, but company officials have neither confirmed nor denied such a development, leading us to believe that acquiring Vincent might be a possibility after all. An image of a trademark filing shows the registration date as 2017, with the “expiration date” listed as 2027, so there are still a few years left, if at all, Bajaj intends to relaunch and relaunch the brand. The trademark filing says it’s been five years since Bajaj acquired the name, but it’s only now that news has started to get noticed. So, is this Bajaj’s new secret, and what exactly are the plans with the Vincent brand?

Read also : Best Motorcycle Brands in India

Spy photo of the upcoming Bajaj-Triumph roadster, Bajaj is already manufacturing small-displacement motorcycles for Triumph in India. These Triumph badged bikes will be manufactured in India and exported worldwide.

Given that Bajaj already has a capital-free partnership with Triumph Motorcycles to manufacture Triumph small-displacement motorcycles in India, will the acquisition of Vincent give the two-wheeler giant some extra firepower to compete in the segment? modern classic? A brand that has almost no recall in the Indian market may not make strategic sense for Bajaj Auto. And the modern Indian-made small-displacement classic motorcycles branded “Vincent” will not only have the brand appeal and value to take on the segment leader Royal Enfield, as well as powerful and recently revived brands like Jawa. and Yezdi.

Read also : Bajaj-Triumph Roadster spotted testing in the UK

What does Vincent mean to Bajaj?

At first glance, the news seems like a logical step for Bajaj to take on the likes of Royal Enfield, BSA, Norton, Jawa and Yezdi with its own range, but with the Vincent brand. But building brand equity for the Indian market can be a challenge. After all, Vincent is hardly known, outside of a handful of classic motorcycle enthusiasts in India at least. If Bajaj is indeed looking to acquire Vincent, what could be the possible strategy behind his revival? We are looking at a few possibilities. But first, let’s look at what the Vincent brand is.

A 1939 Vincent Series A Rapide. When launched in 1936, the Vincent Rapide was advertised as “the fastest production motorcycle” with a top speed of 110 mph (177 km/h).

The history of Vincent Motorcycles

British motorcycle brand Vincent was in production from 1928 to 1955, created by Philip Vincent who bought an existing motorcycle manufacturer HRD or Howard Raymond Davies, a small manufacturer of performance motorcycles of the time, which operated from 1924 to 1928. From 1934, Vincent developed two new engines, a 500 cc single cylinder, as well as a 1000 cc V-twin. Production increased in the late 1930s, with Vincent producing his most famous post-WWII models in the late 1940s.

The 998 cc 50 degree V-twin in the Vincent Shadow was a long stroke engine and developed 50 hp at 5500 rpm, although it could reach 200 km/h in 1949!

The Vincent Rapide was advertised by the company as its fastest motorcycle, with a top speed of 110 mph (177 km/h), but it was quickly eclipsed by the brand’s most famous model, the Vincent Black. 1948 Shadow. The Black Shadow, in stock form, could reach 125 mph (201 km/h), and in its first year of production, a Black Shadow reached 150 mph (241 km/h) at the Bonneville Salt Flats. In 1956, a Vincent Black Shadow in New Zealand set a new FIM (international motorcycle record) at 186 mph (299 km/h)!

Royal Enfield is the leader in the modern classic segment in India, and in recent years the company has cemented its position as the world leader in the mid-size motorcycle segment with a series of well-designed new models.

The modern classic

In recent years, the modern classic motorcycle has seen a revival with Royal Enfield cementing its position as the world leader in the mid-size motorcycle segment. Mahindra Group subsidiary Classic Legends acquired British motorcycle brand BSA and launched the new BSA Gold Star in the UK in July 2022. The new Gold Star is manufactured in India, but the company has established a technology center where manufacturing for European markets, on a small scale, can be initiated.

Read also : Norton Files New Trademarks under TVS Ownership

The new BSA Gold Star is built around a 650cc single-cylinder engine sourced from Rotax. With a period look, the new BSA Gold Star will spearhead the brand across the world, even in the United States.

In 2020, TVS Motor Company, India’s second-largest two-wheeler exporter after Bajaj, acquired British motorcycle brand Norton. Since then, TVS has invested heavily in the Norton brand and established a new state-of-the-art manufacturing facility in the UK. The new Norton brand, owned by TVS, has already relaunched the Norton Commando and V4 models, with improved engineering and technology.

Read also : Norton Motorcycles moves to new headquarters

India’s second largest two-wheeler exporter, TVS Motor Company acquired Norton Motorcycles in 2020.

Read also : Launch of the new BSA Gold Star in the UK

For Bajaj, the focus on the modern classic motorcycle segment took a different turn, when it signed a capital-free partnership with Triumph Motorcycles to manufacture small-displacement motorcycles in India. These Triumph branded bikes will be manufactured in India but will be sold both in India and will leverage Bajaj Auto’s huge global network to be pushed across the globe.

Read also : Next Bajaj-Triumph motorcycle spotted in near-production form

Bajaj is looking to expand its presence across Europe, and a brand like Vincent will give it strong brand equity in markets where Bajaj will be looking to establish a strong foothold.

Bajaj eyeing Western markets?

However, this still leaves plenty of room for Bajaj Auto to gain a foothold in the renewed interest in the mid-size modern classic motorcycle segment. While Vincent may not be so well known in India, Bajaj Auto is already working on establishing the brand and network in European markets. Today, Bajaj Auto exports two-wheelers to more than 70 countries around the world, and Bajaj Auto International Holdings BV now owns a 49.9% stake in PTW Holding AG, the parent company of the KTM Group.

While establishing Bajaj in the West, particularly in Europe, may be the next big thing on the agenda, acquiring a historic brand like Vincent and relaunching it, with new technologies, may well be Bajaj Auto’s magnum opus of modern classic strategy. And that certainly opens up a whole world of possibilities, including a foothold in new segments, new markets and a direct shot at Norton and BSA’s premium customer base. Let the games begin!

Cannabis Global comments on its fiscal year-end, debt restructuring program and the launch of unique new products, including cannabis-infused drinking straws

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LOS ANGELES, Calif., August 25, 2022 McapMediaWire Cannabis Global, Inc. (OTC: CBGL), a Los Angeles-based licensed manufacturer and distributor in the cannabis industry, today comments on the company’s expected growth and the launch of unique products in the California cannabis market. For the fiscal year ended August 31, 2022, the Company expects to record strong growth, driven by the launch of new products and multiple new distribution partnerships.

Edward Manolos, CEO of Cannabis Global, said: “We are about to close a strong fiscal year ending August 31, 2022. This fiscal year, the main objectives were to complete R&D programs, increase revenues, to restructure and reduce debt, and to launch new products in the cannabis landscape. We achieved many of these goals while significantly increasing our revenue base. We therefore expect to end this financial year with strong growth compared to previous periods. We are even more excited about fiscal 2023, which begins September 1, 2022. We believe our growth trajectory will continue with many new customers and a host of innovative and unique new offerings.

Over the past few months, the Company has launched 23 new products and significantly increased its sales and marketing presence. New product launches will continue into early fiscal 2023 with new solvent-free products, new forms of cannabis concentrates, and most importantly, cannabis-infused drinking straws that the company plans to be the manufacturer and the preferred distributor for the entire State of California.

In fiscal 2022, Cannabis Global restructured much of its debt through debt consolidations. A major objective over the coming quarters will be to further consolidate and reduce the overall debt on the balance sheet. This debt restructuring program, which is currently being implemented, will be described as further steps are taken by the Company towards this objective.

Mr. Manolos continued, “This has been a year of restructuring, R&D, leadership change and marketing overhaul for our company. However, we believe that the most difficult parts of our turnaround are behind us. With further demonstrable revenue growth, a customer-focused product portfolio and strengthening business relationships, we are very optimistic about our prospects for continued growth. Additionally, we believe these growth prospects will strengthen even further as we begin production and distribution of one of the most exciting products to come in recent memory in cannabis-infused drinking straws. Over the next few weeks, we’ll be discussing this innovative cannabis delivery technology and the brands we’ve selected to be the first to bring this new kind of product to consumers.

These product and brand introductions include:

Cannabis Infused Drinking Straws Cannabis-infused drinking straws have the potential to change the entire category of retail cannabis edibles. Instead of purchasing a cannabis-infused beverage from a retailer, the consumer can purchase a drinking straw topped with unflavored cannabis extracts and then select the beverage of their choice to enjoy a new cannabis experience or purchase a straw with internal flavoring as a means of adding cannabis extracts to water. Brands launching this new technology expect to be first to market in this category, with samples available to retailers during the first week of September 2022.

El Cheapo brand edibles Earlier this year, Cannabis Global and Caliwanna Distribution formed a subsidiary of the company named Caliwanna Cannabis Global to market and distribute new cannabis products under multiple brand names. The El Cheapo brand is based on using the best available ingredients and zero cannabis taste infusions, then pricing retailers for less competitive or inferior products that are based on inferior ingredients and much less desirable taste profiles. . This line of “Zero Cannabis Taste” products began shipping last month. The Caliwanna Cannabis Global website can be viewed at www.caliwanna.com.

Northern Lights branded products Cannabis Global launched its Northern Lights branded products in conjunction with Equity Brands, Inc. of Long Beach, California. The product line, which recently passed California compliance testing, will include nine cannabis flower product SKUs, rosin-infused pre-rolls, and cannabis-free edibles. The product brand positioning for Northern Lights will be one of the best ingredients at very competitive prices. The new product line can be viewed at www.equitybrands.co.

8 bit buds Cannabis Global’s product and distribution partnership with the 8-Bits Buds brand expands this week via the launch of three new ultra-potent rosin-infused cannabis prerolls. NPE has completed production on initial orders, with shipments beginning throughout California this week. Additionally, the companies are expanding their collective sales and distributions of multiple packaged cannabis flower SKUs, with several new products launching this month. The 8-Bits Buds product line can be viewed at www.8-bitbuds.com.

Wolfgang Wax Solvent Free Products Together with its partners at Caliwanna, Natural Plant Extract of California (NPE), has been selected as the manufacturing partner for a new line of solvent-free products, including rosin-infused pre-rolls, cannabis rosin and hash high-powered upgraded Lebanese-style. Wolfgang Wax’s new brand image can be seen on www.wolfgangwax.com.

White label manufacturing During the month of August, the company plans to begin shipping three new SKUs of cannabis flower and edibles for delivery services under a white-label manufacturing contract.

Hash 2.0 Company brand In conjunction with several of its partner companies, the Company will launch a new line of cannabis products extracted from traditional Lebanese-style blonde hash, but at potency levels significantly higher than the traditional-style product category. Natural Plants Extract plans to launch the new type of product through several partner brands.

Distribution of cannabis beverages and specialty products In September, Cannabis Global plans to launch the manufacturing and distribution of a new class of cannabis infusion emulsion technology. These products will be based on chemical-free nanoemulsions and microemulsions for use as core infusion technologies for various cannabis beverages, edibles, and related products.

About Cannabis Global, Inc.

Cannabis Global, Inc. is a Los Angeles-based company, fully audited and filing with the United States Securities & Exchange Commission, trading under the ticker symbol CBGL. We are an emerging force in the cannabis market with a growing portfolio of proprietary products and intellectual property. We market and produce Comply Bag™, an innovative solution for storing, transporting and tracking cannabis. Our subsidiary, Natural Plant Extract (NPE), is a licensed Southern California cannabis manufacturer and distributor that licenses our technologies to produce edibles for the cannabis market. Cannabis Global has filed three non-provisional patents and several provisional patents for cannabis infusion and nanoparticle technologies and continues an active research and development program.

Forward-looking statements

This press release contains forward-looking statements that are not purely historical and may include statements regarding beliefs, plans, expectations or intentions regarding the future. These forward-looking statements include, among other things, the development, costs and results of new business opportunities and words such as anticipate, seek, intend, believe, estimate, expect, project, plan or similar expressions. can be considered forward-looking. statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results could differ from those projected in the forward-looking statements due to many factors. These factors include, among others, the inherent uncertainties associated with new ventures, future U.S. and global economies, the impact of competition, and the company’s dependence on existing regulations regarding the use and development of cannabis products. . These forward-looking statements are made as of the date of this press release, and we undertake no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be correct. Investors should review all of the information set forth herein and should also refer to the disclosure of risk factors described in our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other periodically filed reports. from time to time with the Securities and Exchange Commission. For more information, please visit www.sec.gov.

Company details :
Eddie Manolos
[email protected]

MCAP Media Feed | House

BAJAJ Named “Most Popular Motorcycle Brand” for 4th Consecutive Year – Business News

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For the fourth consecutive year, Bajaj has been chosen as the ‘Most Loved Motorcycle Brand‘ and ranked among the 50 Most Loved Brands in Sri Lanka by LMD – Brand Finance Awards 2022 in the 19th edition of its annual review.

The Bajaj brand has been recognized by Brand Finance Lanka in its annual reviews since 2011 and with the introduction of this category as ‘Most Loved Motorcycle Brand‘ in 2019, 2020, 2021 and 2022.

Lakmal De Silva, Deputy Managing Director (Vehicle Sales), DPMC said: “Our 360-degree commitment to the brand, including superior and accessible after-sales service, is essential for the Bajaj brand to earn the title of “ most popular motorcycle brand”, although at the time of the award, new motorcycles had not been available in the country for more than 2 years.

To meet the needs of Bajaj brand loyal consumers for new motorcycles, David Pieris Motor Company (Private) Limited (DPMC) has recently reintroduced the Bajaj CT 100, with local added value as part of standard operating procedure for automotive manufacturing/assembly industry and automotive. Component manufacturing industry in Sri Lanka introduced by the Ministry of Industry.

The Bajaj CT 100, one of the best-selling bikes in the Bajaj family, is renowned for its fuel efficiency, durability and performance, which also makes it the ideal vehicle in today’s economic environment.

Bajaj, the world’s fourth largest two-wheeler manufacturer is popular in over 75 countries in Latin America, Africa, the Middle East, South and Southeast Asia for its range of motorcycles including CT 100, Platinum, Discover, Avengers, Pulsar, etc. DPMC has been the sole Bajaj and KTM distributor in Sri Lanka for over 4 decades.


What are the costs of India’s high levels of public debt?

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India’s sovereign debt has reached unprecedented levels in 2020, partly due to the policy response to Covid-19, but also due to weak growth and high interest rates.

Some have argued that high debt levels may be less of a concern in a low interest rate environment. But there is also a significant body of evidence that points to several mechanisms through which high levels of sovereign debt can have negative effects on the economy.

In this context, we document stylized facts about the recent evolution of sovereign debt and public deficits in India and ask the following questions: what are the costs of a high level of indebtedness in India? Are there silver linings? What awaits us?

We analyze macroeconomic performance during and after periods of debt “push”, “stabilization” and “reduction” in India and other countries and ask whether past experiences of hikes and cuts shed light on the different policy options and trade-offs for India during the post-pandemic recovery period.

India’s Covid-induced debt spike was unique compared to its own history, but also larger than that of the average emerging market economy. The drivers of the debt spike were also different.

Fiscal expansion and growth slump played a proportionately larger role in India relative to the average emerging market, although higher inflation played a larger role in India’s debt reduction.

Despite the high level of sovereign debt, there are some upsides for India. The share of sovereign debt held by foreigners – an important predictor of crises in the literature – is low.

Moreover, although global waves of over-indebtedness have been followed by restructurings or defaults, India has not experienced such an episode so far. Moreover, real long-term rates remain low in India, comparable to the emerging market median. That said, we find substantial heterogeneity across countries. While India was closer to the 25th percentile over the past decade, it has now caught up to the median.

We document the substantial costs of high debt. One of the main ones is the lack of resources due to surprisingly high interest payments, which at almost 30% of overall revenues during Covid-19 are almost three times higher for India than the emerging market. typical.

High spending on interest payments reduces the resources available for countercyclical fiscal policies in the event of negative shocks such as Covid-19, as well as for social spending in critical areas such as health and education, where spending India’s public sector remains significantly lower than that of its peers.

Indeed, our analysis suggests that fluctuations in the business cycle explain a smaller fraction of the variation in debt in India relative to its peers, reaffirming the limits of countercyclical fiscal policy due to high debt levels.

Simple math suggests that cutting India’s income interest payments to the emerging market average by 10% would free up resources of nearly 6-8 trillion rupees, a figure comparable to government education spending. India’s general pre-Covid, and about three times its health spending. .

Another cost of high public debt in India is its impact on borrowing costs. Although real rates in India are low and in line with the emerging market median, we find that they have increased over time and that the elasticity of borrowing costs to a unit increase in debt is higher for India. India than for the typical emerging market.

For example, on average, an increase in debt to gross domestic product of 1 percentage point, or pp, increases long-term borrowing costs by 0.19 pp in India, whereas for a median emerging market , it only increases by 0.01 pp.

Finally, public debt also illustrates an important factor in ratings agency assessments, where India’s debt and deficits stand out as significantly higher than similarly rated peers.

In order to understand where to go from here, we look at India’s own history and also draw on experiences across the country. Since 1913, India has experienced nine episodes of debt overhang, five episodes of reduction and six episodes of debt stabilization.

Surges generally ended in stabilizations in India, whereas in an average emerging market, 75% of surges ended in reductions. In other words, India has been able to maintain debt at high levels without default or restructuring. During the downsizing episodes, India reduced its leverage ratios by 2 percentage points per year, compared to more than double the figure for the average emerging market.

We also find that episodes of debt booms are associated with poorer macroeconomic outcomes (low economic growth and public investment) compared to debt reduction episodes. Moreover, international data suggests that the greater the magnitude of the debt surge and the longer the episode lasts, the greater the associated reduction in growth around the surge.

What debt could India reduce? One way to approach this question is to look at interest payments and additional fiscal resources that could be generated by lower sovereign borrowing. For example, lowering interest payments to 22% – still much higher than the 10% emerging market average – would require reducing the debt-to-equity ratio to 70%, bringing it closer to the median for peers with a similar notation.

What is a possible path and how long would it take to get there? The higher the growth rate and the lower the borrowing costs, the lower the need for fiscal adjustment.

​Simulation exercises suggest that if we assume constant values ​​for the real GDP growth rate at 7% and the real rate at 2%, in line with the International Monetary Fund’s World Economic Outlook assumptions, a government deficit primary and fiscal below 1.7% and 5.9% of GDP, respectively, would be needed each year to reduce debt ratios to 70% over the next 10 years (and interest payments to 22% of income).

This would require a significant adjustment from the fiscal year 2022-23 primary and fiscal deficit, projected at 4.5% and 9.9%, respectively, according to the World Economic Outlook.

It is important to note that the higher the growth rate and the lower the interest rate, the smaller the adjustment required. For example, a growth rate of 9% or a real rate of 0% would open up more space with a primary deficit of over 3% of GDP instead of 1.7%, still ensuring the same debt reduction.

While the above calculations assume constant primary and fiscal deficits, allowing for some transition dynamics and smoothing the adjustment path, we present in Figure 5 illustrative debt and fiscal consolidation scenarios for the India over the next five years.

Indeed, evidence in emerging economies suggests that consolidations of the primary balance outside of recessions could, in fact, be successful in reducing debt and do not tend to be detrimental to growth, as the multiplier effects roughly offset the positive impulse from other channels such as higher confidence. .

Prachi Mishra is Chief of the Systemic Issues Division in the Research Department of the International Monetary Fund, Washington DC. Nikhil Patel is an economist at the International Monetary Fund, Washington DC.

The article was first published on India in transitiona publication of the Center for the Advanced Study of India, University of Pennsylvania.

Best Debt Consolidation Loans for Bad Credit of 2022 – Forbes Advisor

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A debt consolidation loan for bad credit may not be the best choice for everyone. If your credit is preventing you from qualifying for a lower interest rate than you are currently paying, you may want to consider the following alternatives to debt consolidation.

Improve your credit first

Good credit has many benefits, including the ability to qualify for better financing. If you can’t get an attractive interest rate on a debt consolidation loan right now, working to improve your credit might give you more options in the future.

When creating your credit improvement plan, remember: You may want to adjust your approach depending on whether you are building credit from scratch or working to rebuild damaged credit. Either process can take time, but getting better credit can make your hard work worthwhile in the long run.

Use a debt repayment strategy

If you have some wiggle room in your monthly budget, a debt repayment strategy might be right for you. Do-it-yourself strategies like the snowball or debt avalanche method lead you to restructure how you pay down your debt each month. Ultimately, each approach has the potential to save you time and money in the debt elimination process.

Get professional help

Credit card debt and other high interest debt can sometimes spiral out of control. If you’re struggling to meet minimum payments on your monthly credit obligations, it might be time to talk to a financial professional about your situation.

A non-profit credit counseling company may have solutions that could help you, including a debt management plan. In extreme cases, you may even want to seek advice from a bankruptcy attorney regarding plans that can provide you with protection from your creditors.

Third bust in fatal shooting at New York motorcycle sale

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A third suspect was arrested this week in connection with the fatal daylight shooting of a man at a motorcycle sale in the Bronx, cops said.

Leonardo Hernandez, 25, was arrested at his Bronx home on Tuesday and charged with murder, manslaughter and criminal possession of a weapon in connection with the May 18 murder of Jefferson Hernandez, 20, a announced the police.

There is no apparent relationship between the two men.

Jefferson Hernandez, of Spring Valley, Rockland County, drove to East 144th and Exterior streets in Mott Haven with three other men to buy a Kawasaki motorcycle they found on Facebook Marketplace, authorities said.

He was shot in the head around 3:40 p.m. and rushed to Lincoln Medical Center, where he was pronounced dead, cops said.

The trio who drove with the victim — in a black Chevrolet Trailblazer with a U-Haul flatbed trailer attached — were uninjured.

Jefferson Hernandez was shot and killed May 18 while driving to Mott Haven to purchase a Kawasaki motorcycle found on Facebook Marketplace, authorities said.

Two other men have already been arrested in connection with the murder, cops said.

Joan Vasquez, 32, has been charged with murder, manslaughter and criminal possession of a weapon, cops said.

Manuel Reyes, 23, faces charges of murder, manslaughter, assault and possession of a weapon in connection with the fatal shooting, police said.

Exterior shot of East 144 Street in the Bronx
The fatal shooting occurred around 3:40 p.m. on East 144th and Exterior streets.
Peter Gerber

Cops initially said they were looking for a total of four people in connection with the murder – but had no information on any outstanding suspects as of Wednesday.

Debt Consolidation Market Will See Amazing Growth By 2031 – Designer Women

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Segmentation by Product TypeCredit Card DebtStudent Loan DebtMedical BillApartment LeasesIndustrial SegmentationBusinessIndividual

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Coordination is needed to avoid waking up the ghost of the Eurozone debt crisis

The author is Head of European Economics Research at Barclays

When Covid-19 hit the world, policymakers responded with extraordinary coordination of monetary and fiscal stimulus. The result has been a strong V-shaped economic recovery from pandemic lows.

As the euro zone faces a war-spurred inflation spurt in Ukraine, it will need to step up its coordination once again to avoid raising the specter of the European sovereign debt crisis.

The European Central Bank is looking to design a tool for transmitting policy across the Eurozone, to curb what is called fragmentation when there is a more disorderly rise in bond yields in one country than another.

The various operational, legal and political challenges that arise are numerous. But one of the main ones is related to the conditions that countries will have to meet before benefiting from the new facility. Conditionality means that the policy will have to be coordinated.

During the sovereign debt crisis in Europe, financial conditions tightened following interest rate hikes by the ECB. As insolvency problems grew, governments in so-called “peripheral” countries had to sharply tighten fiscal policy to gain support from the IMF or the EU, or to maintain market access.

This inability to coordinate policies has further weakened activity, especially in countries like Italy that have implemented “fiscal consolidations” that have hurt growth – mainly by raising taxes and cutting public investment. rather than cutting current public spending. A catastrophic monetary fiscal loop has been created.

History does not repeat itself, but it rhymes. While not Barclays’ base case for the Eurozone outlook – we expect a shallow recession followed by a mild recovery – the current macroeconomic backdrop looks dangerously similar to that of 2010-2011.

The nervousness of the market from June 9 to 14 is proof of this, as Italian bond yields significantly exceeded their German counterparts. The outlook for the eurozone could deteriorate if governments are again forced to rapidly tighten fiscal policy amid growing concerns about debt sustainability, a result of higher borrowing costs and weaker real growth .

So far, the ECB’s commitment to preventing financial market fragmentation has calmed markets. The agreement of a credible anti-fragmentation facility at the July 21 Governing Council meeting is a necessary condition if the ECB is to prevent a fiscal crisis during its planned tightening, but we doubt it will be sufficient.

For starters, we believe the Governing Council will not agree ex-ante on yield levels or spreads to target. Pricing country returns on macroeconomic and fiscal factors is as much art as science and board members are likely to have differing views on this.

In addition, the board may well disagree on whether sovereigns with weak fiscal and growth fundamentals face a liquidity or solvency crisis when their borrowing costs rise.

In anticipation of such a disagreement, financial markets could test the central bank’s resolve to avoid fragmentation, putting pressure on individual countries by pushing up their sovereign bond yields.

The challenge is to design a policy mix that simultaneously lends credibility to the ECB’s commitment to bringing inflation back to its target while minimizing the risk of economies falling on such a path. In our view, some degree of coordination between monetary and fiscal authorities will be necessary.

National fiscal authorities should embark on credible fiscal consolidations that will not harm growth. This time around, the Next Generation European Pandemic Recovery Fund will help protect public investment from the crunch.

Some degree of fiscal discipline should be reintroduced to reduce fiscal risks and moral hazard. Some tax support for low-income households and small and medium-sized enterprises could be financed by low-interest European loans, as has been done during Covid-19.

At the same time, the ECB, by internalizing the impact of a more restrictive fiscal policy on growth and inflation, could undertake to tighten its monetary policy less and very gradually. It must ensure that its actions do not make the work of national budgetary authorities even more economically and politically difficult.

Although not easy to coordinate, this seems to us a realistic compromise that could put the eurozone on a more virtuous path than one in which highly indebted governments continue to run large primary deficits, while the ECB tighten its monetary policy.

BAJAJ voted “Most Popular Motorcycle Brand” for the 4th consecutive year – The Island

The Board of Investment (BOI) recently launched the dedicated five-year residency visa program for BOI investors, stakeholders and companies. The issuance of long-term visas for investors has been practiced in accordance with international standards. Tied with the international benchmark for ease of doing business, the BOI decided to launch this program to attract more investors to the country.

The long-term visa program, a long-felt need, is primarily intended to facilitate investors who wish to undertake a trip with the BOI. The BOI issues 7500-8000 visa recommendations for investors, employees and dependents annually. visas for foreign nationals from 109 countries such as India, UK, Japan, Korea, Malaysia and Pakistan which account for the most applicants based on last year’s statistics.

Addressing the gathering, Investment Promotion Minister Dhammika Perera said, “The happiness on the faces of the investors present at the occasion implies that the newly launched residency visa scheme is a success.”

“Before the implementation of this program, they had to go through a long documentation process every year to obtain these visas,” he pointed out.

“Having understood the paramount need to provide transparent and convenient service to investors, we launched the new program, although I did not officially assume the position of Minister of Investment Promotion,” Perera said.

BOI Managing Director Renuka M Weerakone said, “It is certainly a pleasure to see all of our long-time investors on this special launch day of the Long-Term Residence Visa Investor Scheme.

“You have all contributed 65% of export earnings to Sri Lanka and you have stood by us even in the difficult times our country has faced, which we wish to acknowledge with great gratitude,” he said. she pointed out.

Bajaj – ‘Most Loved Motorcycle Brand’ for 4th consecutive year

For the fourth year in a row, Bajaj has been chosen as the “Most Popular Motorcycle Brand” and ranked among the 50 Most Popular Brands in Sri Lanka by LMD – Brand Finance Awards 2022 in the 19th edition of its annual review.

The Bajaj brand has been recognized by Brand Finance Lanka in its annual reviews since 2011 and with the introduction of this category as ‘Most Loved Motorcycle Brand’ in 2019, 2020, 2021 and 2022.

Mr. Lakmal De Silva, Deputy Managing Director (Vehicle Sales), DPMC said; “Our 360-degree commitment to the brand, including superior and accessible after-sales service, is essential for the Bajaj brand to earn the title of ‘Most Loved Motorcycle Brand‘, even if at the time of award, new motorcycles had not been available in the country for more than 2 years.

To meet the needs of Bajaj brand loyal consumers for new motorcycles, David Pieris Motor Company (Private) Limited (DPMC) has recently reintroduced the Bajaj CT 100, with local added value as part of standard operating procedure for automotive manufacturing/assembly industry and automotive. Component manufacturing industry in Sri Lanka introduced by the Ministry of Industry.

The Bajaj CT 100, one of the best-selling bikes in the Bajaj family, is renowned for its fuel efficiency, durability and performance, which also makes it the ideal vehicle in today’s economic environment.

Bajaj, the world’s fourth largest two-wheeler manufacturer, is recognized in more than 75 countries in Latin America, Africa, the Middle East, South and Southeast Asia for its range of motorcycles including CT 100, Platina , Discover, Avengers, Pulsar, etc. DPMC has been the sole Bajaj and KTM distributor in Sri Lanka for over 4 decades.

Chinese motorcycle brand Zontes partners with Adishwar Auto to enter Indian market, Auto News, ET Auto

motorcycle brand, according to Adishwar Auto, specializes in producing motorcycles with state-of-the-art industrial equipment on a robotic production line and up to 80% of its components are produced in-house to keep quality under control.”/>
The Chinese motorcycle brand, according to Adishwar Auto, specializes in producing motorcycles with state-of-the-art industrial equipment on a robotic production line and up to 80% of its components are produced in-house to keep quality under control.

Mumbai: Chinese premium motorcycle brand Zontes has partnered with Hyderabad-based Adishwar Auto Ride to enter the Indian market and they plan to introduce up to five vehicles in the future, a statement said on Thursday . Founded in 2003 by Guangdong Tayo Motorcycle Technology Co Ltd, Zontes currently has a presence in 55 countries, including the UK, Italy, Spain, France, Belgium, Brazil, Malaysia and Thailand, among others. .

Adishwar Auto Ride already has a partnership with Italian bike manufacturers – Benelli and Moto Morini as well as Hungarian Keeway.

Since its global expansion in 2017, Zontes has seen significant year-on-year growth and recorded substantial growth of 50% in the last 12 months alone, Adishwar Auto Ride India Pvt Ltd (AARI) said in the press release.

The Chinese motorcycle brand, according to Adishwar Auto, specializes in producing motorcycles with state-of-the-art industrial equipment on a robotic production line and up to 80% of its components are produced in-house to keep quality under control.

“We are excited to introduce Zontes, a futuristic brand, to the Indian market that is poised to redefine engineering standards with a focus on innovation and technology. Additionally, it has leveraged robotic technology to develop high quality products that are safe and durable,” said Managing Director of Adishwar Auto Ride India, Vikas Jhabakh.

Since its establishment, Zontes has strategically focused on the advanced research of new technologies for the development of material structure, manufacturing process, precision finishing, intelligent control, safety and durability, in accordance to version.

This emerging brand has had a noticeable impact across the world, especially in the European market, the statement said, adding that “in India, the brand plans to launch an exciting portfolio of five products, with an extensive network of retailers in India. across the country”.

These touchpoints will allow customers to learn about new product offerings, he said.

“Zontes Motorcycles has the potential to impact and accelerate segment growth in the country. The association demonstrates our commitment to meeting the demands of Indian customers in the fast-growing premium mobility segment,” added Jhabakh.

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The oldest continuously produced motorcycle brand on the world market might surprise you

One of the best known motorcycle brands in America is probably Harley-Davidson, followed by Kawasaki and Indian. While everyone designs and builds amazing bikes, one brand has been producing motorcycles for far longer than any of them. Royal Enfield has been around for over a century and doesn’t look like it’s going anytime soon.

Who has the oldest motorcycle brand?

Royal Enfield | Getty Images

If you love retro motorcycles, you’ve probably heard of Royal Enfield. For those who are not motorcycle enthusiasts, Royal Enfield has been around for quite a long time.

According to Hot Cars, Royal Enfield has been producing motorcycles since 1901. That means it is now in its 121st year.

Hot Cars said: “Royal Enfield may not be as famous as Harley-Davidson, Honda or Kawasaki, but it has been in the motorcycling business far longer than any of those brands. In fact, Royal Enfield is the oldest motorcycle manufacturer to continuously produce bicycles.

The history of Royal Enfield is fascinating

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Many motorcycle manufacturers started out as producers of bicycles, and while Royal Enfield certainly did, it was originally a gun maker. Founder Albert Eadie started production in Redditch Worcestershire before turning to bicycles and motorbikes as his main source of business. This is where the original “Fit Like a Gun, Go Like a Bullet” logo came from.

The history of gun manufacturing also inspired the Royal Enfield Bullet, which was first produced in 1931. In fact, it is still produced today, making it the oldest model in motorcycle history race.

Although Royal Enfield did not continue to manufacture firearms, it supplied the British Army by other means. When Britain was involved in the First World War, Royal Enfield quickly supplied troops with motorcycles and the Imperial Russian government. One of the models was equipped with a sidecar on which a Vickers machine gun was mounted.

This wasn’t Royal Enfield’s only military involvement Royal Enfield. In 1947 India used Royal Enfield bicycles to patrol its borders after officially gaining independence from Britain. It was such a successful venture that India continues to use these bikes for military operations.

Since Royal Enfield closed in Britain in 1955 and Enfield of India took over the majority of production, it might have something to do with it. Or it could be that Royal Enfield bikes are well made and have a solid reputation.

The Royal Enfield motorcycle brand has new products coming

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Even though Royal Enfield is not the best known motorcycle manufacturer, things are looking up. Royal Enfield has returned to its British roots in a way. As Top Gear reports, there is now a research and development facility just 50 miles from the original factory.

Some new motorcycles produced include the Interceptor 650 Twin. It was launched in 2018 and is still going strong.

The Bullet is still in production and maintains a strong fan base for those who love motorcycle history. Then there is the Himalayas, perfect for cycling enthusiasts who want to get off the beaten track for a more exciting ride and exceptional views.

There’s also a new bike on the way, which could put Royal Enfield on the map in a way it never has before. The motorcycle manufacturer is trying to break into the plug-in bike industry with a motorcycle that will be called the Flying Flea. It might not be the most difficult name, but it’s definitely one that won’t be forgotten.

RELATED: The oldest motorcycle model may surprise you

Britain’s favorite motorcycle brand has been brought back from the dead

Mahindra revived BSA with a star-studded reception at the National Motorcycle Museum in Birmingham where, flanked by BSAs dating back to the 1900s, a live audience was treated to video links to Mahindra’s top brass and the unveiling of a new version of the emblem of the company. Gold star motorcycle. Even Peaky Blinders writer Steve Wright, a Brummy at heart, made an appearance.

But this is great news. Mahindra doesn’t just dress an Indian-made motorcycle with a badge: its BSA machines must be designed, manufactured and distributed from the West Midlands. After all, BSA stands for Birmingham Small Arms (as featured in Peaky Blinders) – its spiritual home is Birmingham. Admirably, Mahindra wants to stay true to that.

Thareja said: “It’s not normal. We are not normal… It is a crazy idea to start a motorcycling business in today’s world with many great [motorcycle] companies that do exactly what they do. If I try to do what they do, they will beat me with size, experience, time and money.

“It would have been easier, cheaper and risk-free to buy a whole new badging exercise with an existing product made somewhere in the Far East. And just to sell it. But that’s not what we do. We inherited this brand. We understand the emotion that is called ‘BSA’. We do not consider ourselves as owners of BSAs but as custodians.

BSA is part of the fabric of British motoring history. The company was founded in 1861 and exhibited its first “motorcycle” in 1910. By the end of World War II, it employed approximately 28,000 people at 67 factory sites. It had canteens for every stratum of staff, its own magazine, and the main Small Heath site southeast of the city center was so large that engineers used BSA Bantams to move between departments.

Moto Morini, an Italian motorcycle brand, is coming to India!

After Keeway, Adishwar Auto Ride India is about to bring another European brand of two-wheelers to our shores!

Last month, Adishwar Auto Ride India, part of the Mahavir Group which handles Benelli’s operations in India, launched Hungarian two-wheeler brand Keeway here. And now the group is set to bring another European motorcycle brand to India – Moto Morini, which is an Italian motorcycle brand.

Although not yet officially confirmed, Moto Morini is expected to get an independent dealer network here, separate from the Benelli outlets. Interestingly, the international Moto Morini site only has two products – the Seiemmezzo and the X-Cape – listed at the moment, but Adishwar Auto Ride has confirmed that they will be introducing four Moto Morini products here. So it will be interesting to see the brand new products that are in the works. Expect the first product announcement in the coming weeks.

Motorcycle Morini Seiemmezzo SCR

Motorcycle Morini Seiemmezzo SCR

Sharing his thoughts on the latest development, Vikas Jhabakh (MD, Adishwar Auto Ride India Pvt Ltd) said, “We are delighted to introduce this renowned and prestigious brand to Indian motorcyclists. At Adishwar Auto Ride India, one of our main endeavors is to create values ​​through our relationships with our customers. With the introduction of Moto Morini, we aim to meet the demands of Indian buyers in the premium mobility segment. With our tenure and experience in the superbike segment, we are certain to successfully establish the brand in the country.

Motorcycle Morini Seiemmezzo STR

Motorcycle Morini Seiemmezzo STR

Founded in Bologna in 1937 by Alfonso Morini, Moto Morini is an iconic Italian motorcycle manufacturer, with a rich heritage spanning over 85 years. Moto Morini is also famous for building racing bikes in the 1950s and 1960s. Currently, the brand has over 119 outlets in European markets.

*All images used are for representation purposes only. The featured products are yet to be confirmed for India launch.

Read more:

Keeway Vieste 300 and Sixties 300i scooters launched at Rs 2.99 lakh

Italian motorcycle brand Moto Morini will debut in India

Moto Morini was introduced in India by Hyderabad-based Adishwa Auto Ride India Pvt. Ltd (AARI), the company that also sells Benelli bicycles in India.



develop See the pictures

Moto Morini is currently owned by Chinese motorcycle brand Zhongneng Vehicle Group

Italian motorcycle brand Moto Morini will debut in the Indian market with four new products, with an association with Adishwar Auto Ride India Private Limited (AARI), the company that also sells Benelli motorcycles in India, as well as the Keeway brand. Up to four Moto Morini models will be launched in India, with a strong dealer network across India, AARI said in a statement. Moto Morini motorcycles are designed and developed in Italy and meet the European manufacturing standards required to ensure superior vehicle quality, the statement added.

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The Moto Morini X-Cape is expected to be introduced in India.

Speaking about the latest association, Vikas Jhabakh, Managing Director of Adishwar Auto Ride India Private Limited said, “We are delighted to introduce this renowned and prestigious brand to Indian motorcyclists. At Adishwar Auto Ride India, one of our main efforts is to create values ​​through our relationships with our customers. With the introduction of Moto Morini, we aim to meet the demands of Indian buyers in the Premium Mobility segment. With our tenure and experience in the superbike segment, we are certain to successfully establish the brand in the country.”

Read also : Moto Morini X-Cape midsize adventure bike unveiled

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The X-Cape has 19-inch front wheels and 17-inch rear wheels, with all-terrain tires.

Moto Morini currently has a 649cc liquid-cooled parallel-twin engine with 59bhp, with several models including two roadsters and a new adventure bike, called the Moto Morini X-Cape which was shown at the EICMA 2021 motorcycle in Milan, Italy. The X-Cape rolls on a combination of 19-inch front and 17-inch rear wheels shod in off-road-ready Pirelli Scorpion Rally STR tires. Suspension duties are handled by a fully adjustable 50mm inverted front fork from Marzocchi, while the rear suspension features adjustable preload and rebound damping.

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In India, Moto Morini will be launched by the same group that handles the Benelli and Keeway brands.

Adishwar Auto Ride India is part of the Mahavir Group, a leading car dealership conglomerate, and also runs the operations of Benelli and Keeway brands in India through AARI. Both brands have more than 50 dealerships across India with a combined customer base of 20,000, according to the company.

Read also : Moto Morini launches a mid-size adventure bike

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Morini X-Cape motorcycle powered by a 649cc parallel-twin engine developing 59hp

Moto Morini was founded in 1937 by Alfonso Morini in Bologna, Italy. In the late 1940s and 1950s, Moto Morini also began to participate in racing competitions. In fact, Italian GP motorcycle racing legend Giacomo Agostini began his racing career on a Moto Morini Settebello “Short Rods” in 1961. the company, first with 350 cc models, and later with 500 cc models. In the early 1980s, declining sales and labor disputes plagued Moto Morini, and in 1987 the company was sold to Cagiva, which had also acquired Ducati a year before.

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In 1999, Motori Franco Morini, founded by Alfonso Morini’s nephew in 1954, bought the Moto Morini brand from Ducati. The company was revived in 2005, but went into liquidation in 2010, following which the brand passed to new ownership in 2011. In October 2018, Moto Morini changed hands again and became part of the Chinese Zhongneng Vehicle Group, a motorcycle manufacturer founded in 1988. The company has four different brands and manufactures motorcycles, ATVs, scooters, mopeds and electric scooters.

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Global Debt Collection Services Market Trends, Revenue Forecasts and Exciting Opportunities 2022 to 2028 – San Juan Independent

The global analysis report named Global debt collection services market from 2022 to 2028as recently distributed by MarketsandResearch.bizis prepared with a good blend of business understanding, shrewd arrangements, valuable arrangements, as well as the latest innovation to introduce superior customer experience.

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Primary research is conducted by business consultants and our in-house subject matter experts. Debt Collection Services Market is split into:

This report presents a detailed overview, market shares and market development probabilities by item type, application, key manufacturers, vital areas and nations aboard gauge throughout the period 2022 to 2028. The nominations attached to this report are:

  • Health care
  • Student loans
  • Financial services
  • Government
  • Detail
  • Telecom & Utility
  • Mortgage and others

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The main players in the debt collection services market are:

  • Experian
  • FIS
  • Computer graphics
  • Transunion
  • CollectOne (CDS software)
  • Comtronic systems
  • Quantrax Corp.
  • CollectPlus (ICCO)
  • Comtech Systems
  • Codex
  • Katabat
  • Decca-Software
  • Codewell Software
  • Adtec Software
  • JST CollectMax
  • Indigo Cloud
  • Pamar Systems
  • TrioSoft
  • InterProse
  • Cogent (OkayYa)
  • Kühlekt
  • Lariat Software
  • case master
  • coeo Inkasso GmbH
  • Prestige Services Inc (PSI)
  • Atradius-Collections
  • UNIVERSUM Group
  • Asta financing
  • Weltman, Weinberg and Reis

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  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
  • South America (Brazil, Argentina, Colombia and rest of South America)
  • Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa and Rest of Middle East and Africa)

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Debt Consolidation Market Size 2022-2029

New Jersey, United States,-The Global Debt Consolidation Market research report provides a comprehensive industry growth perspective, an overview of market size and value, and a survey of existing business trends. Debt consolidation studies also provide insight into various market demand factors. The Debt Consolidation Research Report details many of the variables that have led to the rise of the global debt consolidation markets. The debt consolidation market analysis includes an in-depth assessment of global technological developments and trends. Debt consolidation industry research based on volume, performance and valuation calculates an accurate market share. Global Emotion Detection and Recognition Market size prediction and calculation is done using bottom-up and top-down technologies.

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The market research based on debt consolidation terms provides useful insights such as studying the effects on important aspects, alternatives, and restraints. Graphical analysis of the Emotion Detection and Recognition demand forecasts for the predicted periods can demonstrate the financial requirements of the global Emotion Detection and Recognition industry. Likewise, the study highlights features which limit the growth in demand, adequately predict Debt Consolidation market quantities and have long term effects over the predicted period.

The impact of the Corona 19 outbreak on the global Emotion Sensing and Awareness industry, growth rates, correct supply chain analysis, scale in various scenarios, and responses Corporate critiques of the outbreak are all examined in research on emotion sensing and sensitization. The research focuses on emotion detection and recognition in global markets, particularly in North America, Europe and the Asia-Pacific region, as well as South America, the Middle East and Africa. The study divides the market into four parts: manufacturer, region, type and application.

Key Players Covered in the Debt Consolidation Markets:

  • Marcus of Goldman Sachs (USA)
  • OneMain Financial (USA)
  • Discover personal loans (USA)
  • Lending Club (USA)
  • Payment (US)

Debt Consolidation Market Breakdown by Type:

  • Credit card debt
  • Overdrafts or borrowings

Debt Consolidation Market Split By Application:

The Debt Consolidation Market report has been segregated into distinct categories such as product type, application, end-user, and region. Each segment is valued based on CAGR, share, and growth potential. In the regional analysis, the report highlights the prospective region, which is expected to generate opportunities in the Global Debt Consolidation Market in the coming years. This segmental analysis is sure to prove a useful tool for readers, stakeholders, and market players to get a complete picture of the global Debt Consolidation market and its growth potential in the coming years.

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Scope of Debt Consolidation Market Report

Report attribute Details
Market size available for years 2022 – 2029
Base year considered 2022
Historical data 2019 – 2021
Forecast period 2022 – 2029
Quantitative units Revenue in USD Million and CAGR from 2023 to 2029
Segments Covered Types, applications, end users, and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free report customization (equivalent to up to 8 analyst business days) with purchase. Added or changed country, region and segment scope.
Pricing and purchase options Take advantage of personalized purchasing options to meet your exact research needs. Explore purchase options

Regional Debt Consolidation Market Analysis can be represented as follows:

Each regional Debt Consolidation industry is carefully researched to understand its current and future growth scenarios. This helps players strengthen their position. Use market research to get a better perspective and understanding of the market and target audience and ensure you stay ahead of the competition.

Based on geography, the global debt consolidation market has been segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

For more information or query or customization before buying, visit @ https://www.marketresearchintellect.com/product/global-debt-consolidation-market-size-and-forecast/

About Us: Market Research Intellect

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations, in addition to the goal of providing customized and in-depth research studies. range of industries including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients to make decisions based on higher data, to admit deep forecasts, to grossly capitalize with opportunities and to optimize efficiency by activating as their belt in crime to adopt a mention precise and essential without compromise. clients, we have provided expert behavior assertion research facilities to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

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Consumer and Business Debt Consolidation Market Size 2022-2029

New Jersey, United States,-The research report on the Global Consumer and Business Debt Consolidation Market provides a comprehensive industry growth perspective, an overview of market size and value, and a survey of existing business trends. . Consumer and business debt consolidation studies also provide insight into various market demand factors. The consumer and business debt consolidation research report details many of the variables that have led to the rise of the global consumer and business debt consolidation markets. The consumer and corporate debt consolidation market analysis includes an in-depth assessment of global technological developments and trends. Industry research on consumer and business debt consolidation based on volume, performance and valuation calculates an accurate market share. Global Emotion Detection and Recognition Market size prediction and calculation is done using bottom-up and top-down technologies.

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The term Consumer and Corporate Debt Consolidation based market research provides helpful insights such as the study of the effects on significant aspects, alternatives, and restraints. Graphical analysis of the Emotion Detection and Recognition demand forecasts for the predicted periods can demonstrate the financial requirements of the global Emotion Detection and Recognition industry. Likewise, the study highlights features which limit demand growth, adequately predict Consumer and Business Debt Consolidation Market quantities, and have long term effects over the predicted period.

The impact of the Corona 19 outbreak on the global Emotion Sensing and Awareness industry, growth rates, correct supply chain analysis, scale in various scenarios, and responses Corporate critiques of the outbreak are all examined in research on emotion sensing and sensitization. The research focuses on emotion detection and recognition in global markets, particularly in North America, Europe and the Asia-Pacific region, as well as South America, the Middle East and Africa. The study divides the market into four parts: manufacturer, region, type and application.

Key Players Covered in Consumer and Commercial Debt Consolidation Markets:

  • Discover personal loans (USA)
  • Lending Club (USA)
  • Payment (US)
  • SoFi (US)
  • FreedomPlus (US)

Consumer and Business Debt Consolidation Market Split By Type:

  • Credit card debt
  • Overdrafts or borrowings

Consumer and Business Debt Consolidation Market Split By Application:

The Consumer and Corporate Debt Consolidation Market report has been segregated into distinct categories such as product type, application, end-user, and region. Each segment is valued based on CAGR, share, and growth potential. In the regional analysis, the report highlights the prospective region, which is expected to generate opportunities in the Global Consumer and Corporate Debt Consolidation Market in the coming years. This segmental analysis will surely prove to be a helpful tool for readers, stakeholders, and market players to get a complete picture of the global Consumer and Corporate Debt Consolidation market and its growth potential in the years to come.

Get | Discount on the purchase of this report @ https://www.marketresearchintellect.com/ask-for-discount/?rid=333933

Scope of Consumer and Corporate Debt Consolidation Market Report

Report attribute Details
Market size available for years 2022 – 2029
Base year considered 2022
Historical data 2019 – 2021
Forecast period 2022 – 2029
Quantitative units Revenue in USD Million and CAGR from 2023 to 2029
Segments Covered Types, applications, end users, and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free report customization (equivalent to up to 8 analyst business days) with purchase. Added or changed country, region and segment scope.
Prices and purchase options Take advantage of personalized purchasing options to meet your exact research needs. Explore purchase options

Regional Consumer and Business Debt Consolidation Market Analysis can be represented as follows:

Each regional Consumer and Business Debt Consolidation industry is carefully researched to understand its current and future growth scenarios. This helps players strengthen their position. Use market research to get a better perspective and understanding of the market and target audience and ensure you stay ahead of the competition.

Based on geography, the global consumer and corporate debt consolidation market has been segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

For more information or query or customization before buying, visit @ https://www.marketresearchintellect.com/product/global-consumer-and-corporate-debt-consolidation-market-size-and-forecast/

About Us: Market Research Intellect

Market Research Intellect provides syndicated and customized research reports to clients from various industries and organizations, in addition to the goal of providing customized and in-depth research studies. range of industries including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients to make decisions based on higher data, to admit deep forecasts, to grossly capitalize with opportunities and to optimize efficiency by activating as their belt in crime to adopt a mention precise and essential without compromise. clients, we have provided expert behavior assertion research facilities to more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

Contact us:
Mr. Edwyne Fernandes
USA: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US toll free: +1 (800)-782-1768

Website: –https://www.marketresearchintellect.com/

The Spanish brand of electric motorcycles OX goes retro with Pa…

The OX One is a motorcycle that is not unique in its intent, which is to create visuals that bring 1960s nostalgia, while giving the futuristic feel of instant electric torque.

The 11kW power output tells you it’s another 125cc electric equivalent, but its visuals certainly point to an era of – subjectively speaking – better looking two-wheelers.

Without a doubt, the era of bicycles from which the One draws its visual cues was, and is, aesthetically pleasing. But despite the changes since April of last year, when we asked “Is this the worst bike ever made”, whether or not you like the look of the current gen One itself is a different question.

While it may draw inspiration from the past, its large block battery box (the motor sits in the rear wheel hub) that sits within the tubular frame is an aesthetic that could polarize. It’s different, a bit, and the 60s inspiration is clear despite that, but at the same time, it stands out a bit.

Technically speaking, the One’s 11 kW (14.8 horsepower) will allow it to reach a practical speed of 110 km/h, or 68 mph; its load will carry it for 100km; and once the battery is drained, you will need to complete five hours while it charges, during which time the battery can be removed.

The “tank” is fake, of course, and provides storage space, and there’s a USB port for charging. On the front, the screen is LCD and you can connect the bike to the Elisa mobile application from OX, which on the one hand allows you to follow your riding statistics and on the other hand can detect when vehicles are close to your bike, notifying the driver via a vibration on one side of the handlebars (depending on the side of the vehicle).

The other cool thing about the OX One is that it’s not the only bike with this setup. OX’s Patagonia Adventure Bike is quite similar and features the same 11kW motor, but the tires and higher ride height mean this bike is built for the roughest terrain.

Compared to the One, the Patagonia has a wider wheelbase (+50 mm); a larger spoked front wheel (19 inches); a higher body height (+50 mm); an adjusted driving position so that the pilot is more upright; and longer travel suspension (+60 mm).

The Patagonia also comes with 14 liters of cargo capacity with the side panniers attached; tank pads; adventure tires; and a screen and grid to protect against rough terrain.

Pricing for the OX One starts at €5200, while you can book a Patagonia from €250.

Electric motorcycle brand Horwin presents the 2022 model range

Horwin is a relatively new electric motorcycle manufacturer that produces electric vehicles designed primarily for urban mobility. The company has been working hard to bring innovation to the increasingly popular, but very experimental, electric motorcycle market. In fact, in 2020, the previous version of the EK3 electric scooter received the Red Dot design award. Now, in 2022, the company continues to innovate by further refining its model range to offer some of the best options in the urban mobility industry.

For starters, the Horwin EK3 is making a comeback. It retains its rounded features, giving the scooter a sense of simplicity and vintage inspiration. Meanwhile, LED lights that criss-cross the shield and tail horizontally give the bike a futuristic edge. The engine produces 6.2 kW of power and can propel the vehicle up to 60 kilometers per hour. According to Horwin, the 40 Ah battery is detachable and recharges in four hours. For added convenience, the underseat compartment is quite spacious and can hold both a spare battery and a helmet. There are four color options: white, red, matte black and grey. The 2022 EK3 has a price of 4,940 euros (5,286 USD).

If the EK3 is too much for you and you want something much simpler and cheaper, the EK1 might be your best alternative. It’s the entry level model, a smaller scooter than the EK3, and it’s L1e certified. Due to its cheaper price, more user-friendly performance, and colorful hues of orange, blue, white, and black, it is aimed at a younger audience. The seating position is upright and comfortable, and the tiny proportions make it a true city dweller. The EK1’s electric motor is rated at 2.8 kW, giving it a top speed of 28 miles per hour. The battery, like the EK3, is a removable 40 Ah unit with the same charging times as the EK3. The price is set at 3,940 euros, or about $4,215.

The SK3 completes the Horwin range of scooters. The angular lines, the high shield and the twin seat of the scooter give it a sporty look. In terms of performance, it can reach 56 miles per hour and has a range of 50 miles. The 36Ah battery recharges in 4h30. The container accommodates a second battery, increasing the advertised range to 100 miles. It costs 4,640 euros (about 4,964 USD) and is available in matte black, gold and blue.

Electric motorcycle brand Horwin presents the 2022 model range

Horwin also makes a cafe racer style variant known as the CR6. This beautiful electric motorcycle is L3e legal, easy to use and weighs only 134 pounds. Its electric motor produces 182 lb-ft of torque, allowing it to reach a top speed of 60 miles per hour. The battery has a capacity of 55Ah and recharges in 3 hours, however it is not detachable. Despite its usual motorcycle appearance, the CR6 sports a glove pocket in its fake tank which also houses a USB port. It costs 6,640 euros, which is equivalent to approximately 7,104 USD.

Second suspect arrested in Bronx murder at motorcycle sale

A second suspect was arrested this week in connection with the broad daylight killing of a man at a motorcycle sale in the Bronx, cops said.

Joan Vasquez, 32, of the Bronx, was arrested late Wednesday afternoon and charged with murder, manslaughter, assault and criminal possession of a weapon in connection with the May 18 murder. , of Jefferson Hernandez, 20, cops said.

Hernandez, of Spring Valley, Rockland County, drove to East 144th and Exterior streets in Mott Haven with three other men to purchase a Kawasaki motorcycle they found on Facebook Marketplace, authorities said.

He was shot in the head around 3:40 p.m. and rushed to Lincoln Medical Center, where he was pronounced dead, cops said.

The trio who drove down with Hernandez — in a black Chevrolet Trailblazer with a U-Haul flatbed trailer attached — were uninjured.

Jefferson Hernandez traveled to the Bronx from Rockland County to buy a motorcycle he found on Facebook Marketplace when he was murdered.
Peter Gerber
Murder of Jefferson Hernandez
Joan Vasquez, 32, was arrested and charged with murder, manslaughter and other charges.
Peter Gerber
Murder of Jefferson Hernandez
Police had previously arrested Manuel Reyes, they say they are looking for a total of four people.
Peter Gerber

Cops announced earlier this week that another man has been arrested in connection with Hernandez’s murder.

Manuel Reyes, 23, was arrested and charged with murder, manslaughter, assault and possession of a weapon, cops said.

Cops initially said they were looking for a total of four people in connection with the murder – but had no information on any other suspects on Thursday.

Arrest made in broad daylight murder at motorcycle sale

A suspect has been arrested in connection with the broad daylight killing of a 20-year-old man at a motorcycle sale in the Bronx, police said.

Manuel Reyes, 23, was arrested and charged with second degree murder, first degree manslaughter, second degree assault and possession of a weapon in connection with the Wednesday murder of Jefferson Hernandez, 20 years, police said on Sunday.

Hernandez, of Spring Valley, Rockland County, drove to East 144th and Exterior streets in Mott Haven with three other men to purchase a Kawasaki motorcycle they found on Facebook Marketplace, authorities said.

Hernandez drove down from Rockland Country in a black Chevrolet Trailblazer with a U-Haul flatbed trailer attached along with three other men.
Peter Gerber
Police stand at the scene of the crime.
Hernandez was rushed to Lincoln Medical Center, where he was pronounced dead.
Peter Gerber

He was shot in the head around 3:40 p.m. and rushed to Lincoln Medical Center, where he was pronounced dead, cops said.

The trio who descended with Reyes — in a black Chevrolet Trailblazer with a U-Haul flatbed trailer attached — were uninjured.

In addition to Reyes, authorities are looking for three other people in connection with the fatal shooting.

Iconic British motorcycle brand Norton is back for good this time

Just like in the automotive world, some motorcycle names are too big to really fade away. Polaris, for example, managed to bring the Indian back about a decade ago. And we’re about to see BSA make a comeback. However, it’s not the only British motorcycle brand making a comeback. Things have been tough the past few years, but Norton Motorcycles is really, really ready to roll again.

Norton Motorcycles’ initial comeback didn’t go smoothly

Side Norton Commando 961 2019 | Adrian Bretscher/Getty Images for Breitling

Until the mid-2000s, Norton was one of many historic British motorcycle brands that were, well, history. An American, Kenny Dreer, had tried to resuscitate him and the iconic Commando, but the attempt came to nothing. However, in 2008 Stuart Garner and some investors bought the rights to the name and made plans for new bikes. And a few years later, the first of these new models, the Commando 961, went into production.

Unfortunately, things went downhill quickly after that. You see, Garner didn’t just reboot Norton: he also tied several non-motorcycling companies to the brand. One of them, Spondon, was a frame design company, which was good for the reborn bike maker. However, the other companies included a hotel business and a real estate company. And in addition to these companies, Garner was also the CEO of Manorcrest Limited, which organized pension funds.

In 2012 and 2013, Manorcrest set up several pension funds focused on Norton Motorcycles, with Garner as sole administrator. Although this is not problematic in itself, UK law limits the amount trustees can invest in these situations. Garner, however, basically funneled everything into Norton. But wait, there’s more.

After Norton filed for bankruptcy in 2019, financial investigators discovered that Garner had made some very shady deals. For example, Donington Hall, the mansion he supposedly bought as Norton’s HQ, was really his personal residence, RevZilla reports. Additionally, the money Garner used to buy the Norton Motorcycles name came from illegal tax evasion in the first place. And that’s only the beginning.

Long story short, Garner got away with a fine and a slap on the wrist while Norton Motorcycles went bankrupt. And so, it looked like the brand would join Matchless and Ariel in the history books. At least, until recently, it is.

The British bike brand now has a new CEO, owner and life lease

RELATED: Jay Leno Rides a ‘Two-Wheeled Bentley’: Black Prince Vincent

About a year after Norton went bankrupt, Indian motorcycle company TVS Motor bought the company and its assets for about $20 million. Soon after, he appointed a new CEO, Dr. Robert Hentschel, who promised the company was turning over a new leaf. And after TVS’ recent $125 million investment, those promises seem to be paying off.

As of this writing, Norton has two bikes in the works. The first is a redesigned version of the V4-powered superbike that Garner teased before his legal mess happened. Nicknamed “V4SV”, it features a 185 horsepower 1200cc V4, hand-welded aluminum chassis, slipper clutch, Brembo brakes and Ohlins suspension. And while the Manx and Carbon models have carbon fiber body panels, the latter also has carbon fiber wheels. Also, in addition to several riding modes, traction control and electronic quick-shifting, the V4SV has a rear-view camera.

The other upcoming Norton motorcycle is a cafe racer version of the V4SV. This V4CR has the same engine and chassis, although the rear subframe and seat are shorter, bike world reports. Also, like the V4SV Manx, it has Oz Racing forged alloy wheels. However, being a cafe racer, the V4CR has less bodywork, although it is still carbon fiber, as well as a redesigned dashboard, different air intakes and a new engine spoiler. .

In addition, Norton already has an operational factory. The company says the factory in Solihull, England can produce up to 8,000 motorcycles a year. And finally, he recently bought 55 of his classic models to start a heritage collection.

Will Norton Motorcycles return to the United States?

RELATED: Crighton CR700W Spinning Crawler Motorcycle: A 220 Horsepower Ode to Spinning Dorito

At the time of this writing, Norton has not confirmed whether its new motorcycles will arrive in the United States. However, the Commando 961 came here in small numbers, but not through dedicated dealerships. So once full production of V4SV and V4CR begins, those bikes could be federalized for sale here.

Still, just like in the case of Buell, I’m sure many riders are happy to see Norton operational again.

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RELATED: Jay Leno Gets Romantic Around His Norton John Player Special

Electric Motion is the first electric motorcycle brand to survive Scottish conditions at SSDT 2022 | thepack.news

Electric Motion riders Matthew Alpe (British importer at Inch Perfect Trials) and current e-trial world champion Gaël Chatagno wanted to demonstrate the enormous potential of their Epure electric motorcycles during the SSDT 2022. Their Epure were perfectly prepared for the various difficulties of the race, propelled by their Technical Director under the wise advice of Marc Colomer. With 2 motorcycles in the race and after six days with the same 2 motorcycles on the finish line, in perfect condition and without problems, Electric Motion has proven that its technology is certainly not inferior to traditional motorcycles in these difficult conditions.

Electric Motion SSDT 2022 - THE PACK - Electric Motorcycle News

EM’s goal was to break into the top 20. Gael finished in 19th place and won the ‘top 50’ award, for your information Matthew finished in the top third of the standings.

Gael won:

  • the prize for the first non-Englishman, therefore the best Frenchman of the event
  • the first prize in the category “up to 200cm3”
  • the 3rd ranking of the best “new comer”
Electric Motion SSDT 2022 - THE PACK - Electric Motorcycle News

Gael: “It was a great week and this legendary race was a great experience! I have heard of it since I was very young. It’s like a dream come true: 6 long days, with interzones sometimes at more than 180 km/day in the middle of the mythical Scottish moors (large wet fields). For the whole team, it’s like a little dream come true, seeing our work compete in a real natural environment like Scotland and its streams. The bike ran perfectly. Didier prepared the bike perfectly for this extreme race. Zero problem, we arrived on time every day whether it was me or Matthew Alpe, as well as his entire Inch Perfect Trials team who put me in the best conditions, to end the days as easily as possible, joining the race without worrying about logistics.

Electric Motion SSDT 2022 - THE PACK - Electric Motorcycle News
Electric Motion SSDT 2022 - THE PACK - Electric Motorcycle News

A great week with days where things got a little tough like Thursday with lots of rain and a very long and difficult interzone. We have achieved our objective, that is to say to finish in the top 20 (19th), best foreign driver (and therefore 1st in France). I was also awarded for my 1st place in the “up to 200 cm3” category, and also top 3 in the newcomers category.

Electric Motion SSDT 2022 - THE PACK - Electric Motorcycle News

Both bikes ran perfectly, Matthew’s too. Using the PRB “R” was very important for recharging the battery on descents. When I was tired, I let the bike run at torque without holding the clutch. This is a great advantage with its motor skills, without being afraid of stalling.

Electric Motion SSDT 2022 - THE PACK - Electric Motorcycle News

It was great teamwork, Matthew had experience in this race that I could learn from, he finished in the first third and that’s a great result. In terms of batteries, we had fairly tight logistics because we had to systematically recharge the batteries as soon as our assistance picked them up at the “petrol” supply point.

Harley-Davidson becomes India’s best-selling premium motorcycle brand

Harley-Davidson has reported an increase in sales as it regains the top spot among premium motorcycles in India. The American manufacturer, which announced an unprecedented exit from India, followed by a re-entry alongside Hero MotoCorp in 2020, has since been on the road to renewal. Data provided by SIAM indicates that Harley-Davidson sold 601 motorcycles in fiscal year 2022, of which 531 units were sold in the 1,000cc and larger two-wheeler segment. The company saw 37% year-over-year growth. In comparison, only 206 units were sold in the same period last year.

Compared to other premium motorcycle brands, Harley outsold Triumph motorcycles which sold 336 units. Kawasaki sold 283 units, Suzuki sold 233 and Honda sold 71 in the 1000cc and larger motorcycle segment. Sales of the American brand come mainly from its new launches, the Pan America 1250 adventure tourer and the Sportster S cruiser and mark a revolution, both in terms of platform and segment for the manufacturer.

It should also be noted that much of Harley’s previous sales in India were driven by entry-level offerings such as the Street 750, Iron 883 and Forty-Eight, which are assembled locally.

Read all the latest IPL 2022 news, breaking news and live updates here.

Benelli will present the Keeway motorcycle brand in India tomorrow

Benelli has been in India for some time in India as one of the many premium motorcycle manufacturers. But the Italian motorcycle manufacturer is now gearing up to introduce its sibling to the country. Benelli will present Keeway in India tomorrow. Keeway, in case you don’t know, is a Hungarian motorcycle manufacturer owned by Qianjinag, a Chinese two-wheeler brand that also owns Benelli. Keeway is currently available in several international markets, including Europe, Thailand, Chile, Malaysia, Pakistan, etc. The motorcycle manufacturer’s range mainly consists of 125cc motorcycles in different body styles such as naked streetfighter, cruiser, biker, etc.

Given Keeway’s 125cc range of bikes, we expect it to help Benelli cater to customers looking for entry-level sportbikes. Benelli, India’s portfolio includes 250cc and 500cc motorcycles.

Keeway Superlight
Keeway Superlight

Keeway’s global range includes 125cc motorcycles such as RKF 125cc E5 (a naked streetfighter) and Superlight 125 (a cruiser). However, we do not know with which bikes the Hungarian brand will enter the Indian two-wheeler market.

For reference, Keeway RKF has a 124cc liquid-cooled engine producing 12hp with 10Nm while the Superlight has a 124cc air-cooled unit to produce 10.45hp at 9000rpm and 10Nm of torque maximum. Both of these bikes come with a five-speed gearbox. Keeway RKF is likely to be a rival to the KTM 125 Duke and rides on inverted forks with monoshock. The Keeway Superlight, however, uses conventional forks with dual rear shocks.

Benelli India teases the launch of Hungarian motorcycle brand Keeway

Although Keeway has its origins in Hungary, the brand is now owned by the Chinese Qianjiang Group, the parent company of Benelli.



to expand See the pictures

The Keeway cruiser will have styling inspired by the K-Light series sold in select global markets

Benelli India is set to launch its sister brand of motorcycles Keeway with a new cruiser motorcycle. The European-registered motorcycle brand Keeway is also owned by the Chinese Qianjiang Group, the parent company of Benelli. Now, Benelli India has released a teaser video on its social media announcing the launch of a Hungarian motorcycle. Although Keeway has its origins in Hungary, it is now owned by the Chinese group QJ. What we can expect is a 500cc cruiser, with a design based on the existing Keeway K-Light 125, but powered by the 500cc parallel-twin engine that’s used in the Benelli 502C. Prices should be around ₹5 lakh.

Read also : Benelli 502C launched at ₹4.98 Lakh

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The 500cc Keeway cruiser is likely to have a similar design language to the existing K-Light series of Keeway cruisers sold in international markets.

The teaser video released by Benelli India features the text “Hungarian supremacy on the way” hinting that the new bike will indeed likely come from sister brand Keeway. Although the teaser does not reveal which model will be launched, it will most likely be a 500cc cruiser, powered by the same Benelli 500cc parallel-twin engine, developing 46.8bhp at 8,500rpm and 46 Nm of maximum torque at 6000 rpm. . The Keeway 500cc cruiser, however, could share more than the engine with the Benelli 502C, as sharing more components will help Benelli India gain economies of scale in the Indian market.

Read also : Everything you need to know about Benelli 502C

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The new Keeway 500cc cruiser is set to launch on May 17, 2022 and will rival the Kawasaki Vulcan S and Benelli 502 C from its own family. More details on specs, features and pricing are expected when the new Keeway brand launches.

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40,000 student borrowers will automatically get ‘immediate debt cancellation’ – but questions remain

The US Department of Education said tens of thousands of borrowers will be eligible for “immediate” student loan forgiveness following sweeping changes to major federal student loan programs. But questions remain about the actual timing and implementation of this relief.

Biden passes historic changes to student loan forgiveness and income-contingent repayment programs

Last month, the Biden administration announced sweeping reforms to the federal Student Loan Income-Based Repayment (IDR) programs, which include Income-Based Repayment (IBR), Pay As You Earn (PAYE), and other plans linked to a borrower’s income.

Under IDR programs, borrowers can make payments on their student loans using a formula based on their income and family size. If there is a balance left at the end of their plan’s repayment term (which is 20 or 25 years, depending on the specific plan), that loan balance would be forgiven. IDR plans have also been a mandatory component of the Public Service Loan Forgiveness Program (PSLF), which can provide student loan forgiveness in as little as 10 years to borrowers who dedicate their careers to government work or personal goals. non-profit.

But within their original frameworks, the IDR and PSLF were plagued by complex rules and poor administration. Only payments made under an IDR plan (like IBR or PAYE) could be considered for loan cancellation. Payments made on other plans and periods of non-payment (such as deferrals and forbearances) would not qualify. In addition, federal loan consolidation would effectively boost a borrower’s repayment term, which would limit the number of payments to the borrower’s most recent consolidation.

Last October, the Biden administration announced major changes to the PSLF program to allow more repayment periods to qualify for student loan forgiveness. And then, in April, the administration dramatically expanded what can count toward student loan forgiveness under the IDR and PSLF programs. According to the Ministry of Education, civil servants will be able to count for the IDR and the PSLF:

  • All previous months in which the borrower was in “repayment status”, regardless of the specific repayment plan or the timing or amount of a payment;
  • 12 or more prior months of consecutive abstention, or 36 or more months of cumulative abstention;
  • All previous months spent in deferment (with the exception of school deferment) before 2013; and
  • Previous pre-consolidation repayment periods on federal consolidation loans.

The ministry also said that “any borrower whose loans have accrued repayment time of at least 20 or 25 years will see automatic forgiveness, even if you are not currently on an IDR plan.”

When will eligible borrowers get student loan forgiveness?

In its announcement, the Ministry of Education said the sweeping reforms “will bring borrowers closer to the public service loan”. [forgiveness] and the cancellation of the Income Contingent Repayment (IDR) by addressing historic failures in the administration of federal student loan programs.

Importantly, the ministry suggested that tens of thousands of borrowers will see quick benefits from the reforms. “Federal Student Aid (FSA) estimates that these changes will result in immediate debt forgiveness for at least 40,000 borrowers under the Public Service Loan Forgiveness (PSLF) scheme,” the department said in April. . “Several thousand borrowers with older loans will also receive a discount through IDR.” Millions more are expected to benefit in the years to come.

But the actual timing of this “immediate” student loan forgiveness remains unclear. The changes to the IDR payment tally will require significant administrative work from FSA officials, who are already working to implement previously announced changes to the PSLF, as well as changes to other federal lending programs. students such as disability releases and borrower defense against repayment. The Department of Education has not provided an update on the number of borrowers approved for student loan forgiveness since its April 19 announcement.

And in fact, the current ministry orientation suggests that the implementation of the IDR changes may not be complete for some time. “Full implementation of these changes… is estimated no earlier than January 1, 2023.”

More Questions Remain About Student Loan IDR Changes

Meanwhile, other questions regarding the Department’s implementation of the IDR changes remain unanswered.

The Department has not yet specified how far back in time it will count qualifying repayment, deferment, and forbearance periods toward a borrower’s IDR student loan forgiveness term. However, the ministry has indicated that it cannot account for payments to the PSLF until October 2007, when this program was first created. The first IDR program was enacted in 1994, but most IDR programs were created after 2007.

The Department has also not indicated how it will handle situations involving multiple consolidations. The Department says it will count “at any time in pre-consolidation repayment of consolidated loans,” but it’s unclear what will be counted if a borrower has consolidated their loans multiple times, or if required forbearance will count as cumulative over several consolidations. (The Department states that “36 months or more of cumulative forbearance” may count towards loan forgiveness, but did not provide further details than that). Under the PSLF waiver announced in October, the department said it would credit a federal consolidation loan with the maximum number of allowable payments based on the repayment history of the individual loans included in the consolidation, but it did not given the same assurances for the IDR corrections.

Ultimately, the Department says many of the changes will be implemented automatically sometime this year, and many borrowers may just have to wait and see what additional information, if any, the administration provides at the time. where she will begin to initiate the changes. In the meantime, current Ministry guidelines are available here.

Further Reading on Student Loans

Thousands of Jobs Qualify for Expanded Student Loan Forgiveness Program

Who qualifies for student loan relief under Biden’s huge new income-based repayment expansion

Student Loan Forgiveness: Department of Education Launches Appeals Process for Civil Service Borrowers

Biden administration announces sweeping fixes to income-based repayment and student loan forgiveness programs

Debt Consolidation Market Growth 2022-2030 | Key Players – Marcus by Goldman Sachs (US), OneMain Financial (US), Discover Personal Loans (US), Lending Club (US)

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New Jersey, United States,- The research report, which contains the highest level of information, is the main benefit of providing qualitative and quantitative insights into the Debt Consolidation market. The Debt Consolidation Market research report contains an in-depth study of the market and ends with the exact value of revenue generation by each industry, country, region and company. Every aspect that can be essential to make a heavy decision is mentioned as well as solutions and recommendations from experienced forecasters. The Debt Consolidation Market research report embraces comprehensive insights into the dynamics affecting the market valuation over the assessment period. It also covers market scope, competitive environment, and market segmentation.

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Along with a scorecard of the vendor landscape and important company profiles, the competitive analysis in the Medical Disposables market provides an encyclopedic examination of the structure of the market. The company stock analysis included in the study helps the players to improve their business tactics and compete well with the major market players in the Medical Disposable industry. The force map prepared by our analysts allows you to have a quick view of the presence of several players in the global medical disposables market. The report also provides a footprint matrix of the major players in the global medical disposables market. It dives deep into the growth strategies, sales footprints, production footprints, product and application portfolios of big names in the medical disposable industry.

Key Players Covered in the Debt Consolidation Markets:

  • Marcus of Goldman Sachs (USA)
  • OneMain Financial (USA)
  • Discover personal loans (USA)
  • Lending Club (USA)
  • Payment (US)

Debt Consolidation Market Breakdown by Type:

  • Credit card debt
  • Overdrafts or borrowings

Debt Consolidation Market Split By Application:

As part of our quantitative analysis, we have provided regional market forecast by type and application, market forecast and sales estimate by type, application and region by 2030, and sales forecast and estimate and production for Debt Consolidation by 2030. For the qualitative analysis, we focused on policy and regulatory scenarios, component benchmarking, technology landscape, important market topics as well as landscape and industry trends.

We also focused on technological advance, profitability, company size, company valuation against industry and product and application analysis against market growth and market share.

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Scope of Debt Consolidation Market Report

Report attribute Details
Market size available for years 2022 – 2030
Reference year considered 2021
Historical data 2018 – 2021
Forecast period 2022 – 2030
Quantitative units Revenue in USD Million and CAGR from 2022 to 2030
Segments Covered Types, applications, end users, and more.
Report cover Revenue Forecast, Business Ranking, Competitive Landscape, Growth Factors and Trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free report customization (equivalent to up to 8 analyst business days) with purchase. Added or changed country, region and segment scope.
Pricing and purchase options Take advantage of personalized purchasing options to meet your exact research needs. Explore purchase options

Regional Debt Consolidation Market Analysis can be represented as follows:

This part of the report assesses key regional and country-level markets on the basis of market size by type and application, key players, and market forecast.

Based on geography, the global debt consolidation market has been segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

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Indian: the first American motorcycle brand – News

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Ask a child to draw a motorcycle and chances are it will look like an American-style cruiser. Ask any Kiwi who our most famous motorcyclist is, and there’s only one name: Burt Munro aboard his 1920 Indian Scout.

While a certain 2005 film starring Anthony Hopkins stimulated interest in Munro and India’s history, it wasn’t until 2014 that the Indian Motorcycle brand started selling new bikes again. in shops.

Indian has a strong, if troubled, history. Founded in 1901, it quickly became a dominant force in the American motorcycle industry. However, after World War II the company fell on hard times and closed in 1953.

After various attempts to revive it, Indian finally found a solid home under the umbrella of powersports giant Polaris Industries in 2011. Now offering five distinct families of American-made motorcycles – plus the small FTR-Mini suited to kids – Indian is on the right track. .

With a line of modern cruisers aimed squarely at removing much of Harley-Davidson, Polaris went all out by shutting down its own Victory brand in 2017 to focus fully on Indian.

While sales volumes don’t quite match Bar and Sheild’s here, perhaps in part due to the vast lineup Milwaukee brings to the fight, the Springfield-based Indian Motorcycle company has come a long way since then. the revival of the brand.

FTR1200

Indian’s current lineup starts with the $19,995 FTR. Taking inspiration from Indian Motorcycle’s dominant American Flat Track bikes, the FTR delivers naked sport riding with an array of technologies.

Built around a steel trellis frame and a high-performance 89kW 1203cc V-twin, the FTR is currently the only American-made naked sport on the New Zealand market. Early examples sport a 19-inch front wheel in line with its flat-track heritage, but newer models now roll on 17-inch wheels that offer a wider tire choice.

Scout, Scout Bobber and Scout Rogue

The entry point to the traditional Indian Motorcycle lineup is, and always has been, the Scout family. With a price starting at $22,995, the Scout range is powered by a liquid-cooled 1133cc

V-twin and now consists of four different sub-models, including the Scout Bobber and the new Scout Rogue.

Chief

When Indian Motorcycle was first born, it was led by the Chief line of cruisers.

Recently updated, the Chief maintains its position as the entry point into the high-capacity (and downright stunning to look at) Thunderstroke engine family with an all-new chassis and lower price.

Now priced at $26,990, the Chief line offers raw American cruiser styling with plenty of scope to tailor the ride to your liking.

Chef and Roadmaster

Continuing the Thunderstroke family of engines are the touring-focused Chieftain and Roadmaster. Both retain the same chassis, but now sport larger capacity motors and more technology.

Indian’s glove-friendly Ride Command infotainment system is included with the Chieftain and Roadmaster, which enables full Apple CarPlay and Android Auto integration.

Challenger and Pursuit

The latest machines to join the Indian lineup ditched the Native American-inspired naming convention as well as air-cooled Thunderstroke engines.

Priced at $41,495, the soon-to-be-arriving Challenger and Pursuit feature the latest in Indian motorcycle design language, technology, and the all-new, liquid-cooled 1768cc PowerPlus V-Twin engine.

Electric motorcycle brand Horwin to test niobium-rich batteries

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As the electric motorcycle market continues to evolve, manufacturers and startups are looking for ways to increase competition. From interchangeable battery arrays to solid-state batteries, engineers and designers are discovering that there are multiple paths to electric vehicle supremacy. For German electric motorcycle and scooter brand Horwin, the answer lies in denser batteries that recharge in a fraction of the time.

To achieve these goals, Horwin is partnering with Brazilian niobium specialist CBMM to develop niobium-enriched lithium-ion batteries. Sourced primarily from Brazil, niobium is frequently used to strengthen alloys thanks to its titanium-rivaling Mohs hardness and iron-like ductility. Under the Horwin deal, CBMM and Toshiba will develop fast-charging lithium-ion batteries using niobium-titanium oxide (NTO).

Compared to Toshiba’s current lithium titanium oxide (LTO) anodes, the NTO units will offer three times the energy capacity and reduce recharge intervals to 10 minutes. Once available, Horwin will test the NTO batteries in a prototype similar to its CR6 production model. The current CR6 houses a 6.2 kW (8.3 horsepower) motor and reaches up to 93 miles on a single charge. The company expects the NTO power units to significantly increase this figure.

“With the expertise and pioneering spirit of CBMM, added to our team highly qualified in the development of new solutions, it is expected that the motorcycle with a niobium battery will be available on the Brazilian market as early as 2024”, explained Pricilla Favero, CEO of Horwin Brazil. “We are working so that soon everyone will be able to use an electric motorcycle with ultra-fast charging. In addition to this charging differential, niobium batteries bring advantages in terms of safety and autonomy, since they allow up to to 20,000 charges in a relatively wide range, which alone is the biggest advancement in recent times.

This, however, is not the only joint venture that CBMM has undertaken. In February 2022, the Brazilian company signed a deal with resurgent electric motorcycle brand Lightning. While CBMM is still developing niobium-rich batteries for Lightning, the team aims to develop a lightweight and highly efficient battery for high performance applications. For Horwin’s purposes, CBMM will focus more on reliability and range than performance metrics.

“Being a very stable element, it enables safer and more efficient operations,” revealed Rogério Marques Ribas, CBMM’s battery program manager. “In addition, thanks to its more open crystalline structure, which facilitates the intercalation of lithium, it allows a complete recharge in less than ten minutes, without damaging the battery.”

Advantages and disadvantages of debt consolidation

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

If you have high-interest debt, it may be a good idea to consolidate it. Discover the pros and cons of debt consolidation. (Shutterstock)

If you have high-interest credit card debt, have trouble making loan payments, or have trouble keeping up with multiple payment due dates, debt consolidation may be right for you. a good option, especially if your credit score has improved since you took out your loans.

While consolidating high-interest debt with a personal loan or balance transfer credit card might make sense in some situations, it’s not for everyone. Let’s dive deeper into how debt consolidation works, along with some pros and cons you’ll want to consider.

Credible allows you view your prequalified personal loan rates in minutes.

What is debt consolidation?

Debt consolidation involves taking out a new loan and using the funds to pay off your original debt. You can consolidate your debt with a personal loan, balance transfer credit card, home equity loan, or home equity line of credit (HELOC). Here are some common types of debt consolidation.

Debt consolidation with a personal loan

If you pursue debt consolidation with a personal loan, you can lower your interest rate, improve your loan terms, and streamline your monthly payments. You can find debt consolidation loans at banks, credit unions and online lenders. If you can get a personal loan with a lower interest rate, you may find it easier to pay off high-interest debt and get out of debt faster.

You can compare personal loan rates from various lenders using Credible, and it will not affect your credit score.

Debt consolidation with a balance transfer credit card

When you consolidate credit card debt With a balance transfer credit card, you sign up for a new credit card, ideally with a low interest rate or 0% APR introductory offer for a certain period. Then you transfer your existing card balances to the new card and make one payment per month.

Debt consolidation with a home equity loan or HELOC

Consolidating debt with a home equity loan or home equity line of credit (HELOC) may be an option if you have positive home equity (the difference between what you owe on your mortgage and the value current home).

If you are approved for a home equity loan, you will receive a lump sum of money up front and can then use the money to pay off your existing debts. Then you’ll start making home equity loan payments on the amount you borrowed, plus interest. HELOCs are also a type of second mortgage, but they are a line of credit that you can draw on as needed, up to your credit limit.

If you use one of these options to consolidate your debts, you may be able to get a lower interest rate than a debt consolidation loan because your home will act as collateral to secure the loan.

Advantages of debt consolidation

A part of the most notable benefits of debt consolidation include:

You can get a lower rate

The biggest advantage of debt consolidation is that you can lock in a lower interest rate and save a lot of money in interest. Depending on the strategy you choose and the amount of your debt, this can be hundreds or even thousands of dollars. You can use this extra money to pay off your debt faster, increase your emergency fund, or achieve any other short- or long-term financial goals.

You will only have one monthly payment

Keeping up with multiple monthly payment schedules is not easy. Debt consolidation allows you to combine your debts into one new monthly payment with a fixed interest rate that will remain the same for the duration of the loan (or during the promotional period with a balance transfer card). Simplifying your debt repayment can give you a clearer path to debt relief sooner and make the process less overwhelming.

You can get out of debt faster

If you consolidate your debt at a lower rate, you can use the money you save on interest to get out of debt faster. You’ll be able to apply the money saved in interest to your remaining balance and shorten your repayment term, which can help you save even more. To really speed up your debt repayment mission, try getting a balance transfer card with a 0% APR introductory offer.

Disadvantages of debt consolidation

Before going ahead with debt consolidation, consider these disadvantages:

You may need to pay a fee

The lender and the debt consolidation strategy you choose will determine the type of fees you may be responsible for. If you take out a personal loan, for example, you’ll likely have to pay an origination fee or an application fee to process the loan. Consolidation with a balance transfer card usually comes with a balance transfer fee of 3% to 5% of the amount you transfer, while debt consolidation with a home equity loan may include closing costs.

You are not guaranteed a lower interest rate

In a perfect world, you’d be able to lock in a lower interest rate on a personal loan, balance transfer card, or home equity loan so you could really save when you consolidate debt. But the reality is that the lowest rates are reserved for those with strong credit. If you have fair or bad credityou may find it difficult to qualify for the low interest rate that makes debt consolidation attractive.

Your debt may return

Debt consolidation is a strategy to help you get out of debt. If you tend to overspend, your debt may come back. While debt consolidation may be a smart move if you’re currently in debt and want to get out of it, it won’t solve the root of the problem or solve any spending or saving issues you may have.

When debt consolidation makes sense

Debt consolidation can be interesting if:

  • You have strong credit and may qualify for a lower interest rate. If you have good or excellent credit and can get a lower rate than you’re currently paying, debt consolidation can save you money on interest and even help you pay off your debt longer. rapidly.
  • You want to simplify the payment process. If you have several monthly payments with their own due dates and you decide to consolidate your debts, you will only have to worry about one payment.
  • You work hard to control your spending. If you used to overspend, but are taking steps to manage your budget and living within or below your means, debt consolidation can help you achieve a debt-free lifestyle.

Of course, debt consolidation doesn’t make sense in some scenarios. If you have a small debt that you can pay off quickly, it’s probably not worth it, especially if you have to pay fees.

If you don’t have the best credit or your credit score is lower than when you originally incurred your debt, you may have difficulty getting approved for a low interest rate or credit card. loan or balance transfer that actually allows you to pursue debt consolidation. .

How to get a debt consolidation loan

If you want to take out a debt consolidation loan, follow these steps:

  1. Check your credit score. Go to a website that offers free credit scores (like AnnualCreditReport.com). You can also request your credit score from your lender, credit card issuer, or credit counselor. This way, you know where your credit stands and have an idea of ​​what kind of interest rate you might qualify for.
  2. List your debts and payments. Create a list of all the debts you want to consolidate, including credit cards, payday loans, store cards, and any other high-interest debt. Add them up to find out how much debt you have and how much debt consolidation loan you need.
  3. Shop around and compare options. Explore debt consolidation loans from various banks, credit unions and online lenders. Compare the rates, terms, and fees of each option to make the best decision for your unique situation.
  4. Apply for a loan. Once you are ready to apply for a loan, complete the application online or in person. Be prepared to submit documents such as your government-issued ID, W-2s, pay stubs, and bank statements.
  5. Close the loan and make the payments. If the lender is paying your creditors for you directly with the funds from your debt consolidation loan, check your accounts to make sure they are paid. If the lender does not pay the creditors directly, you will have to repay each debt with the money you receive.

If you are ready to apply for a debt consolidation loan, Credible allows you to compare personal loan rates from various lenders, all in one place.

Does debt consolidation affect your credit?

Debt consolidation can temporarily take a toll on your credit. When you apply for a personal loan or balance transfer card, the lender will do a thorough credit check, which can lower your credit score by a few points. Additionally, when you open a new credit account and reduce the average age of your account, your credit score will likely decrease as well.

The good news is that debt consolidation can also improve your credit. Since this will reduce your credit utilization rate, or the amount of available credit you use, you may be able to counter some of the negative effects of opening a new account. Plus, if you commit to making full payments on time each month, you’ll improve your payment history and boost your credit score while you’re at it.

What credit score do you need to get a debt consolidation loan?

Credit score requirements for debt consolidation loans vary by lender. But in most cases, you’ll need a credit score of at least 650. If your score is lower, don’t worry. Some debt consolidation lenders can accept credit scores of 600 or even lower. Remember that a lower credit score will likely mean a higher interest rate, which could frustrate your debt consolidation plan.

Updated COVID-19 Debt Consolidation Market Analysis Forecast – Bloomingprairieonline

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Debt Consolidation Market Outlook:

Global debt consolidation market The report includes the objectives and scopes of the market during the forecast period by highlighting the key segments, trends and major players to provide comprehensive data on the market status, trends, segmentation and development forecast of the global Debt Consolidation market. The research report includes an in-depth study of the overall industry status, industrial policies and restraints, changing market dynamics and their impact across the globe.

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Some of the major players in the global debt consolidation market are
Marcus of Goldman Sachs (USA)
OneMain Financial (USA)
Discover personal loans (USA)
Lending Club (USA)
Payment (US)

Debt Consolidation Market Research Report provides an in-depth analysis of the competitive emerging markets in the global market.
The research report includes specific segments by region (country), by manufacturers, by type, by application, by market share and by revenue. Each type provides information about the production during the forecast period from 2022 to 2030. The application segment also provides the consumption during the forecast period from 2022 to 2030. The segments help in identifying the different factors, key trends driving market growth. The Debt Consolidation Market report also provides company share analysis by countries, regions and types.

Research Methodology

Our research methodology is a mix of secondary and primary research that ideally begins with exhaustive data mining, conducting primary interviews (suppliers/distributors/end users) and formulating ideas, estimates and grow accordingly. Final primary validation is a mandate to confirm our research findings with key opinion leaders (KoL), industry experts, debt consolidation includes major supplies and independent consultants, among others.

Market segmentation

The debt consolidation market is segmented on the basis of type, application, end-use industry, region and country.

Global Debt Consolidation Market by Type

Credit card debt
Overdrafts or borrowings
Others

The debt consolidation market sub-segment is expected to hold the largest market share during the forecast period. Growing market and industry concerns are expected to drive the debt consolidation market.

Global Debt Consolidation Market by Application

Business
Private

Debt consolidation app valves are one of the most basic and indispensable components of today’s modern technological society. The market segment is expected to hold the largest market share in the global debt consolidation market.

By region:

• North America (US, Canada)
• Europe (UK, Germany, France, Italy)
• Asia Pacific (China, India, Japan, Singapore, Malaysia)
• Latin America (Brazil, Mexico)
• Middle East and Africa

Impact of Covid on the debt consolidation market

COVID-19[feminine] The pandemic has posed new challenges for businesses in the global marketplace. The main consumers of the debt consolidation industry are ICT media and different sectors. The global production of ICT media stood at one million units in 2019. In 2020, the exponentially growing market faced an unforeseen obstacle – the COVID19 pandemic. Even though the market managed to avoid incurring losses, it experienced slow growth during the terrible year.

Here are the main features of the report:

Full overview of market structure: Overview, industry life cycle analysis, supply chain analysis.
Analysis of the market environment: Growth drivers and constraints.
Recent market segment forecasts.
Competitive landscape and dynamics: Market share, product portfolio, etc.

Buy this Debt Consolidation Market Report 2022-2030: Choose License Type

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Ideanomics buys electric motorcycle brand Racy Energica

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Our friends at Ideanomics caused a stir on Wall Street today when they announced that their acquisition of Italian sportbike brand Energica is complete. Leaders from Ideanomics and Energica held their first joint investor presentation today, to outline the companies’ shared vision for the future and how the two companies complement this sustainability mission.

The announcement was celebrated with a press event titled “Evolving the Road Ahead”, and began with a tour of the Energica motorcycles by the executive chairman of Ideanomics. Shane McMahonPresident of Mobility Robin Mackie, and the American CEO of Energica, Stefano Benatti, to symbolize the coming together of Italian and American companies in a place as emblematic as Times Square. CleanTechnica founder Scott Cooney was also in attendance and got to experience the company’s absolutely awesome Energica Ego firsthand.

It’s good to be the king

Image by CleanTechnica.

During the presentation to investors, the CEO of Ideanomics Alf Poor explained how the acquisition of Energica brings technology, economies of scale and strong leadership to the Ideanomics family, which includes fellow CleanTechnica friend Mani Iyer of electric tractor company Solectrac. Everyone, it seems, is pretty excited about the possibilities presented.

“Through this acquisition, Ideanomics is in a unique position to benefit from the growing demand for two-wheeled electric vehicles,” said Shane McMahon, executive chairman of Ideanomics. “Energica’s high-performance electric motorcycles, growing dealer network, and powertrain applications will allow us to leverage vehicle applications at other companies and Ideanomics customers, while supporting the next phase of growth in ‘Energica.’

This next phase of growth appears tied to Energica Inside – a growing division within the company that would seek to supply Energica’s race-proven propulsion and energy storage systems to other manufacturers across the board. sectors. These can be boutique bike builders, off-road powersports brands, or even personal watercraft. As the e-mobility revolution progresses, there seems to be no limit to their destination.

“At Energica, we are excited to support Ideanomics’ suite of electrification solutions to create a global power player in the electric vehicle space across multiple verticals,” said Livia Cevolini, CEO of Energica. . “Our bikes have more horsepower, torque and range than our competitors, and with our competitive price, we are uniquely positioned to capture a large percentage of zero-emission motorcycle enthusiasts. With our growing sales, our exceptional products and our new Energica Inside business unit, we will work hand-in-hand with other Ideanomics operating companies to develop new technologies for powertrain components and modular powertrain systems.

Scott is busy riding the new Energica Ego and Eva bikes in Manhattan today and will share his riding impressions on the bike when he returns. One thing though that I already know: I’m super jealous!

spring | Pictures: Ideanomics, Energica, via PR Newswire.


 

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43% of seniors grapple with higher debt payments as Fed raises interest rates, survey finds

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According to a new survey by the Senior Citizens League, Social Security benefits may not be enough for seniors struggling to pay off their debts. (iStock)

In March, the Federal Reserve implemented the first of several interest rate hikes scheduled for 2022 to offset rising consumer prices. But at a time when inflation is rising at its fastest rate in 40 years, the Fed’s economic policy could push up borrowing costs for senior citizens, many of whom depend on a fixed income from Social Security.

About two in five seniors (43%) have revolving credit card debt, according to a new investigation of the advocacy group The Senior Citizens League (TSCL). In addition, about half (49%) of respondents have spent their savings or have no emergency funds.

“Credit card debt in retirement can quickly spiral out of control, and this is especially true during times when interest rates are rising,” said TSCL policy analyst Mary Johnson.

Keep reading to learn how the Fed’s benchmark rate hikes will impact the cost of living for American seniors, as well as how you can reduce your credit card balances. One strategy is to consolidate high interest credit card debt into a fixed rate personal loan. You can visit Credible to compare free credit card consolidation loan rates without impacting your credit score.

RETIREES ARE HELD BY HIGHER HOME INSURANCE RATES IN FLORIDA

TSCL: Social Security payments are not keeping up with inflation

A recent TSCL report found that Social Security’s 5.9% Cost of Living Adjustment (COLA) for 2022 is not enough to keep up with rising prices, especially for higher health care costs. As inflation continues to “erode Social Security’s purchasing power,” many seniors are covering their expenses with credit cards.

Federal Reserve Chairman Jerome Powell said the central bank plans several interest rate hikes this year to tackle inflation, which rose 7.9% a year in February, well above the Fed’s 2% target. But the move could increase debt repayment for seniors who have fixed Social Security incomes.

“We are in a period of high inflation where rising interest rates will mean that many consumers will have to reduce the amount of debt they are carrying on their credit cards from month to month in order to maintain this manageable cost,” Johnson said.

When the Fed raises its benchmark rate, it can cause interest rates to rise on a number of variable rate borrowing products like credit cards. This can increase monthly minimum payments, making it harder for many consumers to pay their credit card bills.

It may be possible for borrowers to lower their monthly payments and save money on interest through credit card consolidation. It’s when you take out a fixed-rate personal loan to pay off your credit card balance in predictable monthly installments over a set repayment period. You can learn more about debt consolidation loans by contacting a knowledgeable loan expert at Credible.

NEARLY 70% OF COLLECTED MEDICAL BILLS WILL BE REMOVED FROM CREDIT REPORTS

3 ways to pay off credit card debt

Getting out of debt is hard enough under normal economic conditions, but it can be even harder during times of inflation when prices rise on a number of necessary expenses. But with credit card rates set to rise, it’s more important than ever to find ways to avoid racking up high credit card balances.

“Inflation is making it hard for many older households to stay afloat,” Johnson said. “As difficult as these times may seem right now, it’s important to have a plan to reduce debt — and that would mean putting less on credit cards and paying off more of the balance,” Johnson says.

You can read more about how to get rid of credit card debt in the sections below.

1. Nonprofit Credit Counseling Services

Credit counseling agencies offer free or low-cost services to consumers who are struggling to manage their debts. A credit counselor can enroll you in a debt management plan (DMP) to repay your creditors in monthly installments. They may also be able to negotiate with your creditors to reduce the amount of your debt, waive late fees, and lower your interest rate.

You can find a list of accredited non-profit credit counseling agencies at the Department of Justice website.

HOW DEBT RELIEF PROGRAMS CAN HELP YOU PAY OFF YOUR LOANS

2. Credit cards with balance transfer

It may be possible to move balances from one or more credit cards to a new account with better terms with a balance transfer. This can make it easier to pay off credit card debt in one monthly payment with a lower interest rate.

Well-qualified applicants can also qualify for a balance transfer card with an introductory offer of 0% APR, essentially giving them up to 21 months to pay off credit card debt without interest. These offers are generally reserved for those with very good or excellent credit, defined by the FICO model such as a credit score of 740 or higher.

It is important to note that you may be charged a balance transfer fee of 3-5% of the total transferred amount. You can visit Credible to compare balance transfer offers from multiple credit card companies at once.

DEBT COLLECTORS CAN NOW CONTACT YOU BY SMS, EMAIL AND EVEN ON SOCIAL MEDIA

3. Credit Card Consolidation Loans

Debt consolidation involves borrowing an unsecured personal loan to pay off several types of debt at a lower interest rate. Personal loans offer fixed interest rates, which means that your monthly payments and debt repayment terms will remain the same during the borrowing period.

Personal lenders determine eligibility and interest rates based on the borrower’s creditworthiness. Applicants with good credit and a low debt-to-income ratio (DTI) will see the best deals possible, while those with fair or poor credit may struggle to get a personal loan with good terms.

Personal loan rate by credit score

Fortunately, there’s good news for consumers considering this debt repayment strategy: Personal loan rates hit an all-time high in March, according to data from Credible. This means borrowers may be able to save more money than ever before by paying off credit card debt with a fixed rate loan.

You can browse the current personal loan rates in the table below and visit Credible to see personalized offers for free without affecting your credit score. This way, you can decide if credit card consolidation is the right method of debt repayment for your financial situation.

DON’T FILE BANKRUPTCY ON STUDENT LOANS – DO IT INSTEAD

Do you have a financial question, but you don’t know who to contact? Email the Credible Money Expert at [email protected] and your question might be answered by Credible in our Money Expert column.

Budget improves pace of debt consolidation, but warns of economic uncertainty

Finance Minister Chrystia Freeland tables the federal budget in the House of Commons in Ottawa on April 7.Adrian Wyld/The Canadian Press

The federal government is promising to put the country’s finances back on solid footing after a period of explosive spending growth, while warning that the pace of fiscal consolidation could be thrown off balance by mounting global economic turmoil.

Thursday’s budget starts from a better place than expected, with the fiscal year 2021-22 deficit coming in at $113.8 billion, about $30 billion better than projected in the December update. of the government. It’s the result of rapid economic growth resulting from pandemic shutdowns and skyrocketing inflation, which has driven up prices for consumers but also put more tax money in government coffers.

Deficits are expected to decline over the next five years, and the federal debt-to-GDP ratio is expected to decline steadily to 41.5% by 2027 from 46.5% in 2021.

Kelli Bissett-Tom, Canada rating analyst at Fitch Ratings, said the federal government’s debt reduction trajectory is moving in a positive direction. At the same time, the government still has a long way to go to consolidate the huge debt accumulated during the pandemic, she said.

“Given the current level of federal debt, we are unlikely to see any rapid consolidation. But certainly this [budget]in conjunction with more positive provincial results than previously expected, … supports a gradual, but better than expected, downward trajectory,” she said.

In 2020, Fitch downgraded Canada’s credit rating by one notch to AA+. Other debt rating agencies, including S&P Global Ratings and Moody’s, maintained their highest rating for Canada.

The trajectory of government debt comes with caveats. Basically, the global economy is entering a period of high volatility due to rapid monetary policy tightening and heightened geopolitical uncertainty, which could deflect the fiscal path.

Central banks embarked on the most aggressive cycle of raising interest rates in decades in an effort to rein in high inflation. At the same time, the war in Ukraine has driven up commodity prices sharply and disrupted supply chains that still face challenges caused by the COVID-19 pandemic.

The government’s central economic scenario is based on a February survey of private sector economists. These figures look increasingly outdated given Russia’s invasion of Ukraine and central banks’ hawkish turn over the past month.

The rapidly changing economic outlook has led the government to include two alternative scenarios in the budget. In the downside forecast, if the war in Ukraine drags on and central banks become hyper-aggressive in raising interest rates, it could trigger a major economic shock that could reduce the real GDP growth in 2022 and 2023 and increasing unemployment. by 0.7 percent. This would put the debt-to-GDP ratio back on an upward trajectory for several years, before starting to fall again.

Rebekah Young, director of fiscal and provincial economics at the Bank of Nova Scotia, said this downside scenario is unlikely given that Canadian household balance sheets are generally in good shape as they emerge from the pandemic. . But she said the government was right to think about downside risks.

“It speaks to the challenge of creating a budget right now because you can think of so many possible events that could happen. We now have a global conflict, we still have a pandemic. We have runaway inflation and this political risk, so there are easily five different scenarios that are less desirable,” Ms Young said.

One of the main points of uncertainty is the cost of servicing the debt. As the government’s debt load has skyrocketed during the pandemic — to $1.16 trillion in fiscal year 2021-22 from around $721 billion in 2019-20 — the service charge for the debt remained low, thanks to the ultra-low interest rates maintained by the Bank of Canada.

Now, rates are expected to rise rapidly, which will increase debt service costs as the government rolls over maturing bonds and issues new debt. The budget argues that debt servicing costs will remain manageable, rising to $42.9 billion by 2026-27 (1.4% of GDP), from $26.9 billion in 2022-23 (about 1% of GDP).

However, if rates rise faster and higher, it could add pressure on government finances, said Randall Bartlett, senior director of the Canadian economy at Desjardins.

“The expectation is not just short rates, but long rates will start to rise, and in a significant way that we haven’t really seen since the Great Financial Crisis,” he said.

“And if that’s the case, that’s really where the rubber is going to meet the road, in terms of public debt charges.” … Because every 100 basis point increase in interest rates has as much impact on the deficit as a 1% drop in GDP, so it’s quite substantial.

Federal budget 2022: what it means for you

Personal finance columnist Rob Carrick explains how the budget seeks to stave off inflation, what it offers for dental care and how a new tax-free savings account aims to give shoppers a boost of a first home.

The Globe and Mail

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What to know about debt consolidation offers

Many families are in debt. So when an offer comes along to help pay off that debt, it can be tempting to give it a try. But you should be careful. Debt consolidation companies are for-profit companies that can negotiate lower interest rates with your creditors and then consolidate all of your debts into one payment.

Question: Sandra from Texas City asked if the letter she received about her debt is legitimate. It comes from a company called Credit Associates, LLC. The letter says they recently settled accounts with major banking firms like Chase and Capital One. And if you have an account with these companies, you may be entitled to a reduced settlement of your credit balance.

(Copyright 2021 by KPRC Click2Houston – All rights reserved.)

To respond: We have verified and Credit Associates, LLC is a legitimate business. Their website says typical debt negotiations take about 36 months…so it’s not a quick process. They charge a fixed fee each time a settlement is made and you approve it.

A d

The Better Business Bureau has a large number of complaints on the business, including ruined credit scores due to late payments by credit associates. People have also complained about confusing terms. One person said: ‘They took more fees than they paid debts’. But there are other people who are satisfied with the service.

How to Check a Debt Consolidation Company Before You Sign Up

You should search for the BBB site for consolidation companies before registering. The biggest red flag is if a debt consolidation company asks for money up front. The Texas Attorney General has a list of things to watch out for if you are considering debt consolidation. Keep in mind that you can negotiate some of this on your own.

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If you have a question you’d like us to answer, email me at [email protected]

Copyright 2022 by KPRC Click2Houston – All Rights Reserved.

Wells Fargo Review: Is Wells Fargo the right bank to take out a debt consolidation loan?

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Wells Fargo is one of the largest banks in the United States. It offers a variety of products and services to its customers, including personal debt consolidation loans. But is Wells Fargo the right bank for you when it comes to taking out a personal debt consolidation loan? In this Wells Fargo review, we will look at some of the pros and cons of doing business with this financial institution.

We’ll start with the pros. Wells Fargo is a well-established bank with a good reputation. It offers fairly competitive interest rates on personal loans and has an extensive network of branches and ATMs where you can access your funds. It also offers online banking services that make it easy to manage your account from anywhere in the world.

Now for the cons. Wells Fargo has been implicated in several recent scams, including opening unauthorized accounts for its customers and charging them fees for services they never requested. As a result, this bank was fined millions of dollars by federal regulators. So if you are considering taking out a personal loan from this bank, be sure to do your research first to make sure you don’t get scammed.

In conclusion, Wells Fargo is not the best option for taking out a personal loan, be sure to do your research first to avoid any potential scams.

Wells Fargo Review: Is Wells Fargo the right bank to take out a debt consolidation loan?  1
Wells Fargo Review: Is Wells Fargo the right bank to take out a debt consolidation loan?  2

Wells Fargo trial scandals

Wells Fargo is making headlines again, this time for allegedly defrauding customers for personal loans. the lawsuit, filed by the U.S. Attorney’s Office, claims Wells Fargo enrolled customers in paid credit programs without their consent. These programs resulted in high interest rates and large fees, which Wells Fargo later refused to reimburse.

This is not the first time that this bank has been caught up in a financial scandal. In 2016, it was revealed that employees opened unauthorized accounts for customers to meet sales targets. As a result, the company was fined $185 million and thousands of employees were laid off.

If you have an account with them, be sure to review your statements carefully and report any suspicious activity. This bank has a history of shady business practices, and it’s important to protect yourself against scams.

Stay alert and stay informed!

How Do Wells Fargo Debt Consolidation Loans Work?

Wells Fargo offers personal debt consolidation loans to its customers to help cover unexpected expenses or finance major purchases. Its personal loans are unsecured, which means that the borrower does not need to post collateral to receive the loan.

One thing you need to know before taking out a personal loan with them is that they have a relatively high interest rate. The APR on their personal loans can be as high as 36%, so it’s important to make sure you can afford the monthly payments before applying.

Another thing to keep in mind is that they will do a thorough credit check when you apply for a personal loan. This will likely lower your credit score, so only apply if you are sure you can afford the loan and will be able to make the monthly payments on time.

If you’re looking for a personal loan, just make sure you read all the terms and conditions before applying, so you know what you’re getting into.

How much do Wells Fargo personal loans cost?

Wells Fargo Personal Debt Consolidation Loans can be a great way to get the cash you need to cover unexpected expenses, but it’s important to understand how much they cost. Their personal loans come with an annual percentage rate (APR) that can vary depending on your credit score and other factors.

If you have a good credit rating, you may qualify for a personal loan with an APR as low as 12.99%. However, if your credit score isn’t perfect, you could end up paying an APR of 17.24% or more. Either way, it’s important to be aware of the potential costs before applying for a personal loan.

Remember that interest rates can change at any time, so be sure to check current rates before applying. And be sure to shop around for the best deal on a personal loan, as there are plenty of other lenders who may offer a lower APR.

If you’re considering a Wells Fargo personal loan, be sure to read our latest scam alert first. Some consumers have reported being contacted by scammers claiming to be from Wells Fargo asking for personal information such as social security numbers and bank account numbers. So if you are considering applying for a personal loan from this bank, be sure to do your research first and protect yourself from scams.

Who is Wells Fargo Personal Loans affiliated with?

There have been recent allegations against Wells Fargo that they scammed their personal loan customers. Specifically, it emerged that Wells Fargo Personal Loans is affiliated with a company known as Golden Valley Lending.

This means for consumers that if you take out a personal loan from Wells Fargo, you may be subject to high interest rates and hidden fees from Golden Valley Lending. In fact, many consumers reported being charged over $30 in fees by Golden Valley Lending, even when they had excellent credit scores.

If you are considering taking out a personal loan from Wells Fargo, it is important to be aware of these claims and the potential for high costs associated with Golden Valley Lending. It’s always best to do your research before signing a contract, and if you have any questions, be sure to speak to a Wells Fargo representative.

Wells Fargo BBB Personal Loan Reviews:

Be aware that there have been complaints about Wells Fargo Personal Loans being a scam.

the Better Business Bureau gave Wells Fargo Personal Loans an NR rating, based on the number of complaints against the company and how they were resolved. So far, only 4,175 complaints have been filed against Wells Fargo Personal Loans over the past three years.

BBB Alert: On September 9, 2021, the Office of the Comptroller of the Currency (OCC) issued a cease and desist order against Wells Fargo Bank, NA, due to the bank’s failure to establish an effective mitigation of losses on real estate loans.

JAE L 28/03/2022

Pure racism. Pure evil. I went to do business with Wells Fargo bank but was denied service by black employees and black managers because of my skin color. These blacks shouted at the Chinks to go back to ***** and die in the rice fields!!! …….. I was completely shocked. I’m always. Racism and violence is what Wells Fargo bank stands for. Therefore, I will never go near a Wells Fargo bank, EVER!!

BILLI M 25/03/2022

They deserve NEGATIVE stars. Wells allows fraud and does nothing to protect its customers’ money. I was a customer for 27 years and they didn’t care about my loyalty. I closed all my accounts. It’s an awful company that steals money from students and treats its customers horribly. Please do not use this bank. There are so many better choices.

ALYCHA I 22/03/2022

I would like to start by saying DO NOT USE THIS COMPANY FOR MORTGAGES!!!!!!! I recently refinanced with this bank after already using them for several years for banking and my mortgage. The staff they have are NOT helpful and no one knows what they are doing. ESPECIALLY when you are entitled to a refund. I’ve been fighting with them for 3 weeks now and just getting carried away. BUYERS BEWARE!!!!

Are Wells Fargo Personal Loans legit or a scam?

Wells Fargo has been in the news a lot lately, and not for good reason. The bank has been hit with several lawsuits for its shady business practices. And now it looks like their personal loans might be a scam too.

The Consumer Financial Protection Bureau (CFPB) just filed a lawsuit against Wells Fargo, accusing it of charging illegal interest rates and fees on personal loans. The CFPB is claiming damages of $203 million from the bank.

This isn’t the first time Wells Fargo has been caught engaging in illegal behavior. In fact, they have been sued by the government several times in recent years for various scams and scandals. It seems nothing will stop this bank from breaking the law.

If you are considering taking out a personal loan with Wells Fargo, you should think again. Chances are you will be charged inflated interest rates and fees and you will not be able to withdraw from the loan without paying a fortune. There are better options available, so don’t risk your money doing business with Wells Fargo.

When it comes to personal loans, it’s always best to shop around and compare offers from different lenders. This way, you can be sure you’re getting the best deal possible. Don’t let Wells Fargo take advantage of you – avoid its loans at all costs!

Compare Wells Fargo

Wells Fargo reviews

Wells Fargo reviews

Wells Fargo has been in the news a lot lately, and not for good reason. The bank has been hit with several lawsuits for its shady business practices. And now it looks like their personal loans might be a scam too. This isn’t the first time Wells Fargo has been caught engaging in illegal behavior. In fact, they have been sued by the government several times in recent years for various scams and scandals. It seems nothing will stop this bank from breaking the law. When it comes to personal loans, it’s always best to shop around and compare offers from different lenders. This way, you can be sure you’re getting the best deal possible. Don’t let Wells Fargo take advantage of you – avoid its loans at all costs!

Future prospects of the global consumer and corporate debt consolidation market with rising trends 2022-2029

Global market research examines the performance of Personal and corporate debt consolidation market 2022. It contains an in-depth analysis of the consumer and business debt consolidation market status and competitive landscape globally. Global Consumer and Corporate Debt Consolidation Market can be obtained through market details such as growth drivers, latest developments, Consumer and Corporate Debt Consolidation Market business strategies, the regional study and the future state of the market. The report also covers information including the latest opportunities and challenges in the Consumer and Business Debt Consolidation industry, as well as historical and future trends in the Consumer and Business Debt Consolidation market. It focuses on the Consumer and Business Debt Consolidation Market dynamics that are constantly changing due to the technological advancements and socio-economic status.

Get a Free Copy of the Consumer and Business Debt Consolidation Market Report 2022: https://calibreresearch.com/report/global-consumer-corporate-debt-consolidation-market-194287#request-sample

Recent market research on Consumer and Business Debt Consolidation market analyzes the crucial factors of the Consumer and Business Debt Consolidation market based on current industry situation, demands of the market, business strategies adopted by Consumer and Commercial Debt Consolidation market players, and their growth scenario. This report isolates the Consumer and Business Debt Consolidation market based on key players, type, application, and region. First of all, the Consumer and Corporate Debt Consolidation market report will offer an in-depth knowledge of the company profile, its basic product and specification, revenue generated, production cost, which contact. The report covers forecast and analysis for the Consumer and Business Debt Consolidation Market on a global and regional level.

COVID-19 impact analysis:

In this report, the pre- and post-COVID impact on market growth and development is well-described for better understanding of the Consumer and Corporate Debt Consolidation Market on the basis of financial and industry analysis. The COVID outbreak has affected a number of consumers and businesses. The debt consolidation market is not a challenge. However, the dominant players in the global consumer and corporate debt consolidation market are determined to adopt new strategies and seek new funding resources to overcome the growing hurdles for market growth.

Key Players Covered in the Consumer and Corporate Debt Consolidation Market Report:

Discover personal loans (USA)

Lending Club (USA)

Payment (US)

SoFi (USA)

FreedomPlus (US)

Do you have any questions about the Consumer and Business Debt Consolidation Industry Report 2022: https://calibreresearch.com/report/global-consumer-corporate-debt-consolidation-market-194287#inquiry-for-buying

Product Types uploaded on Consumer and Business Debt Consolidation Market are:

Credit card debt

Overdrafts or borrowings

Others

The main applications of this report are:

Business

Private

Geographical Region of Consumer and Business Debt Consolidation Market includes:

North America Personal and Commercial Debt Consolidation Market (United States, North America Countries and Mexico),
Europe Market (Germany, French Consumer and Corporate Debt Consolidation Market, United Kingdom, Russia and Italy),
Asia-Pacific market (China, Japanese and Korean consumer and corporate debt consolidation markets, Asian countries and Southeast Asia),
South America consumer and business debt consolidation regions include (Brazil, Argentina, Republic of Colombia, etc.),
Consolidation of consumer and corporate debt in Africa (Saudi Peninsula, United Arab Emirates, Egypt, Nigeria and South Africa)

The Consumer and Business Debt Consolidation report provides past, present and future Consumer and Business Debt Consolidation industry size, trends and forecast information related to revenue, to the expected growth, demand and supply scenario of consumer and business debt consolidation. . Also, the opportunities and threats for the development of the Consumer and Corporate Debt Consolidation market forecast period from 2022 to 2029.

Get a full report for better understanding : https://calibreresearch.com/report/global-consumer-corporate-debt-consolidation-market-194287

In addition, the Consumer and Business Debt Consolidation report gives information on company profile, market share and contact information along with value chain analysis of Consolidation industry. Consumer and Business Debt Consolidation, Consumer and Business Debt Consolidation industry rules and methodologies, Circumstances driving the Consumer and Business Debt Consolidation Market growth businesses and constraints blocking growth. The scope of Consumer and Corporate Debt Consolidation market development and various business strategies are also mentioned in this report.

SNIPER ANNOUNCES THE COMPLETION OF A PRIVATE PLACEMENT OF SHARE CONVERSION AND DEBT CONVERSION

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TORONTO, ONTARIO, CANADA, March 30, 2022 /EINPresswire.com/ — Sniper Resources Ltd. (the “Company” or “Sniper”) is pleased to announce that it has completed the consolidation of the issued and outstanding common shares of the Company (each, a “Common Share” and collectively, the “Common Shares” ordinary shares”) on the basis of 1 post-consolidation ordinary share for 1,000 pre-consolidation ordinary shares (the “Consolidation”), as of March 30, 2021. The Combination was approved by the Board of Directors of the Company on March 23, 2022.

Prior to the combination, the Company had 212,129,218 common shares issued and outstanding. Following the combination, the Company has approximately 212,129 common shares issued and outstanding. Any fractional share remaining after the consolidation which is less than half of one (0.5) common share will be canceled and each fractional common share which is at least half of one (0.5) common share will be replaced by one (1) whole common share.
In addition, Sniper is pleased to announce that it intends to complete a non-brokered private placement (the “Offer”) pursuant to which it intends to sell up to $1,058,823 of Convertible Debenture Units (“Units”) for an aggregate purchase. price of $900,000 (representing an initial issue discount equal to 15% of the purchase price). The Offering will consist of an aggregate of $1,058,823 principal amount of non-interest bearing unsecured convertible debentures which will mature one year after their issuance (the “Debentures”) and an aggregate of 52,941,176 common share purchase warrants (each, a “Warrant”). .

Subject to the terms of the certificate representing the Debentures, the principal amount of the Debentures will be convertible, at the option of the holders, into common shares of the Company (“Common Shares”) at a conversion price of $0.02, at any time so long as a portion of the Principal Amount of the Debenture is unpaid, subject to adjustment as provided in the relevant Debenture certificates. The Debenture Certificates entitled the Company, at any time after the date on which the Company obtained conditional approval to list the Common Shares for trading on any recognized stock exchange (“Conditional Approval”), without penalty or premium, upon written notice to the Debentureholders, to repay or cause to be converted by the Debentureholders all or part of the then unpaid principal amount of the Debentures.

Subject to the terms and conditions of the certificate representing the Warrants, each Warrant may be exercised by the holder thereof to acquire one (1) common share (a “Warrant Share”) at an exercise price of 0 $.02 per warrant share for a period of one year from issuance, subject to adjustments as set forth in the corresponding warrant certificates. The warrant certificates permitted the Company to, at any time after conditional approval, without penalty or bonus, upon written notice to the warrant holders, cause the warrant holders to exercise all or part of the cashless warrants.

The Company expects to complete the Offer during the week of April 4, 2022 and does not intend to issue a press release on the closing date of the Offer.
About Sniper Resources Ltd.

Sniper Resources Ltd. is a mining exploration company with minimal current activities or operations and is currently not publicly traded.

For more information on Sniper Resources Ltd. :
Binyomin Posen
CEO, CFO and Director
Telephone: 416 481-2222
Email: [email protected]

Forward-Looking Information and Cautions
This press release may contain forward-looking statements, including, but not limited to, comments regarding the timing of the Company’s annual meeting of shareholders. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in this statement.

The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise, or to explain any material differences between subsequent actual events and such forward-looking information, except as required by applicable law.

Binyomin Posen
GARFINKLE BIDERMAN LLP
write to us here

Can you stop wage garnishment with debt consolidation?

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

If you have fallen behind in paying your debts, debt consolidation can prevent wage garnishment in certain situations. (Shutterstock)

Wage garnishment is a legal procedure in which your employer is required to withhold part of your paycheck to pay off your creditors. Your wages may be garnished due to unpaid child support, IRS back taxes or overdue credit card balances, medical bills, or federal student loan debt.

If your wages are garnished or you are concerned that they will soon be garnished, you have rights. You may be able to avoid wage garnishment through various strategies, including debt consolidation.

If you are considering a debt consolidation loan, Credible allows you compare personal loan rates from various lenders in minutes.

What is wage garnishment and how does it work?

When you are late in repaying a debt, the creditor can ask the court to order a wage garnishment. The court can issue a wage garnishment requiring your employer to withhold part of your net income (the money you receive after all deductions). Your employer will send the garnished amount to your creditor or lender so they can apply it to your debt.

Most creditors can garnish your wages only if they’ve sued you and received a judgment (if you’re behind on credit card payments, for example). But if you have tax debt, money on federal student loans, alimony, or child support, those creditors don’t have to sue to garnish your wages. They have the legal right to take the money directly from your salary.

The amount of your wage garnishment will be based on the type of debt you carry. For example, if you have consumer debt such as credit card debt, medical debt, or personal loan debt, your employer can seize up to 25% of your disposable income or the amount by which your disposable income exceeds 30 times the federal minimum wage, according to the is less.

For student loans, the maximum amount that can be garnished under federal law is up to 15% of your available (net) pay. If you owe child support or spousal support, your employer can garnish 50% of your available wages if you’re less than 12 weeks past due and 55% if it’s more than 12 weeks. These numbers increase to 60% and 65% if you are not supporting another spouse or child.

Limitations on wage garnishment

The federal government places limits on wage garnishment. Certain types of income — such as Social Security benefits, disability benefits, pensions, and retirement funds like 401(k)s and IRAs — are exempt from garnishment.

Child support and alimony are excluded. But keep in mind that these sources of income can still be seized once they reach your bank account.

How long does a wage garnishment last?

Wage garnishment can continue until you repay your debt, settle it, discharge it in a Chapter 7 bankruptcy, or repay some or all of it through a Chapter 13 bankruptcy repayment plan. It is important to note that a bankruptcy filing can stop wage garnishment for consumer debts, but not for court-ordered debts such as child support and alimony.

Can debt consolidation stop wage garnishment?

Debt Consolidation is when you turn multiple debts, like credit card bills, medical bills, and personal loans, into a new personal loan with one payment. This can simplify the debt repayment process and give you the ability to lock in a lower interest rate and monthly payment.

You may be able to stop wage garnishment if you consolidate your debt. Once you are approved for a debt consolidation loan, you can repay your creditors before you receive a wage garnishment order. This strategy can give you more time to deal with your financial challenges and protect your credit score.

It is important to make your debt consolidation loan repayments on time and in full. If you think you will have trouble making your payments, let your lender know. They may be able to adjust your payment plan or offer deferral or forbearance as a temporary option.

With Credible, you can compare personal loan rates from multiple lenders without affecting your credit score.

How to qualify for a debt consolidation loan if your wages are garnished

If your wages are already garnished, it may be difficult to get a debt consolidation loan. Indeed, most lenders require that your credit be in good standing. If your credit is poor, lenders may be reluctant to approve a loan or offer you favorable terms.

But it may still be possible to take out a debt consolidation loan. You might have a better chance of applying for a secured personal loan. In order to get the loan, you will put up collateral, such as your car. But if you don’t honor the loan, you risk losing your collateral.

Is wage garnishment hurting your credit score?

Unfortunately, your credit will take a hit if your wages are garnished. A garnishment judgment will remain on your credit reports for up to seven years.

The good news is that you can improve your credit score before and after wage garnishment. Start by setting a budget and sticking to it. Pay all your bills on time and try to avoid further debt. You might consider bothering to earn extra income while you work to pay off your debts.

If you decide a debt consolidation loan is right for you, Credible makes it easy and quick to compare personal loan rates to find the best option for you.

Other things you can do if your wages are garnished

If you’re facing wage garnishment but don’t want to purchase a debt consolidation loan or if you can’t get one, consider these alternatives:

  • Establish a payment plan. Communicate with your creditors and explain to them what is happening. They could work with you to arrange a payment plan that best suits your financial situation.
  • Submit an exemption request. Depending on your personal and financial circumstances, you may be able to file a waiver with your local court to stop or reduce your wage garnishment. For example, some states have a household exemption for those who have a dependent, such as a child or an elderly parent whom they support financially.
  • Consider bankruptcy. Filing for bankruptcy should always be a last resort, as it will affect your credit and your ability to get loan approval for years to come. If you feel overwhelmed with debt and your credit has already taken a hit from your unpaid debts, you can speak to a bankruptcy attorney for more information. They might offer a free consultation.

Lenders Approve IL&FS Debt Consolidation Proposal for Chenani Nashri Tunnel

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Lenders have backed IL&FS Group’s proposal to rebuild the Rs 5,500 crore debt of its subsidiary Chenani Nashri Tunnelway (CNTL), which offers them virtually full repayment. The move comes after the organization revalued to Rs 5,257 crore now after deal with Singapore’s Cube Highways fell through last year, due to regulatory delays, for a thought of Rs 3,900 crore . The three-day vote opened on March 21 and saw lenders favor the redesigned bond as it offers them almost 100% of their money while unstable lenders will get 90% back. The new proposal values ​​the organization at Rs 5,257 crore and will address Rs 4,910 crore of IL&FS group debt.

The proposal involves CNTL transforming into a green entity, with secured and unsecured lenders getting more than 99% and 90% of the principal amount, respectively, when implementing the new proposal, an official at PTI told PTI. the company aware of the development. .

A spokesperson for IL&FS confirmed the development, saying we have obtained the required approvals from lenders to restructure CNTL’s debt.

CNTL is a wholly owned subsidiary of ITNL (an IL&FS company) which, together with its agents, owns 100% of the capital. It has been classified as an orange company, which will now experience a change in status.

CNTL continues to maintain and operate J&K’s longest tunnel and receives an annuity of Rs 635 crore per annum, which is received on time.

Lenders will receive an upfront payment of around Rs 1,700 crore in principal (they have already debited Rs 670 from the escrow account), in addition to accrued interest from April 2021, providing an advantage of around Rs 370 crore on the stake implemented.

CNTL’s lenders, at their last meeting, had unanimously approved Crisil and Icra as rating agencies, SVKM as forensic auditor and considered the RBSA appraisal report as the next step for complete the process, which also involves the appointment of another appraiser as present value determined by the expert appointed by the company.

The CNTL consortium of lenders includes State Bank of India, Jammu & Kashmir Bank, Punjab & Sind Bank, Canara Bank, Punjab National Bank, Uco Bank and Edelweiss ARC, among others.

The recovery in the restructured debt proposal is much higher for all lenders compared to the assignment proposal in which Cube Highways became the highest bidder offering Rs 3,900 crore. CNTL, which owes just over Rs 5,500 crore to lenders, had reached a share sale agreement with Singaporean infra major Cube Highways & Infrastructure in August 2020 for Rs 3,900 crore, but the same expired in August 2021 following which management appointed an external appraiser who set a much higher valuation of Rs 5,257 crore.

The Chenani-Nashri tunnel project is part of the ambitious 286 km four-lane development of the Jammu-Srinagar National Highway to create all-weather connectivity. The project will reduce the distance between Jammu and Srinagar by 31 km. It was launched at a price of Rs 5,269 crore in March 2017 with a concession period till March 2032. and not fund-based. when it went bankrupt in October 2018, spread across 347 group companies, including 172 offshore entities.

Summary of news:

  • Lenders Approve IL&FS Debt Consolidation Proposal for Chenani Nashri Tunnel
  • Check out all the news and articles from the latest business news updates.
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Debt Consolidation Market Size and Analysis by 2022-2029 – Marcus by Goldman Sachs (USA), OneMain Financial (USA), Discover Personal Loans (USA), Lending Club (USA), Payoff (USA)

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New Jersey, USA, – Mr Accuracy Reports published new research on Global Debt Consolidation covering the micro level of analysis by competitors and key business segments (2022-2029). Global Debt Consolidation explores in-depth study on various segments such as opportunities, size, development, innovation, sales and overall growth of key players. The research is carried out on primary and secondary statistical sources and consists of qualitative and quantitative details.

Some of the Major Key Players profiled in the study are Marcus by Goldman Sachs (US), OneMain Financial (US), Discover Personal Loans (US), Lending Club (US), Payoff (US)

Get sample PDF report + all related charts and graphs @: https://www.maccuracyreports.com/report-sample/401065

Various factors are responsible for the growth trajectory of the market, which are studied extensively in the report. In addition, the report lists down the restraints that threaten the global debt consolidation market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics and forecasts for various segments and sub-segments considering macro and micro environmental factors. It also assesses the bargaining power of suppliers and buyers, the threat of new entrants and product substitutes, and the degree of competition prevailing in the market.

Global Debt Consolidation Market Segmentation:

Debt consolidation segmentation by type:

Credit card debt, Overdrafts or loans, Other.

Debt Consolidation Segmentation by Application:

Company, Private

Key aspects of the market are illuminated in the report:

Abstract: It covers a summary of the most vital studies, rate of increase in the global Debt Consolidation market, modest circumstances, market trends, drivers and issues along with macro pointers.

Analysis of the study: Covers major companies, vital market segments, scope of products offered in the global Debt Consolidation Market, years measured and study points.

Company profile: Each well-defined company in this segment is selected based on products, value, SWOT analysis, capacity and other important characteristics.

Manufacturing by region: This Global Debt Consolidation report offers data on import and export, sales, production, and key companies in all regional markets studied.

Market Segmentation: By Geographical Analysis

The Middle East and Africa (GCC countries and Egypt)
North America (United States, Mexico and Canada)
South America (Brazil, etc)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

The cost analysis of the Global Debt Consolidation Market has been done considering manufacturing expense, labor cost, and raw materials along with their market concentration rate, vendors and the price trend. Other factors such as supply chain, downstream buyers, and sourcing strategy have been assessed to provide a comprehensive and in-depth view of the market. Buyers of the report will also be exposed to market positioning study with factors like target customer, brand strategy and pricing strategy taken into consideration.

Key questions answered by the report include:

  • Who are the leading market players in the Debt Consolidation Market?
  • What are the major regions for dissimilar trades expected to witness astounding growth in Debt Consolidation market?
  • What are the regional growth trends and major revenue-generating regions for the Debt Consolidation market?
  • What will be the market size and growth rate by the end of the forecast period?
  • What are the key Debt Consolidation market trends impacting market growth?
  • What are the main types of debt consolidation products?
  • What are the main applications of debt consolidation?
  • Which debt consolidation services technologies will dominate the market in the next 7 years?

Please click here today to purchase the full report @ https://www.maccuracyreports.com/checkout/401065

Contents

Global Debt Consolidation Market Research Report 2022-2029

Chapter 1 Debt Consolidation Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Debt Consolidation Market Forecast

If you have any special requirements, please let us know and we will offer you the report you want. you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

Do you remember the German motorcycle brand Zundapp? It’s an e-bike manufacturer now

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Many great motorcycle manufacturers of the past have fallen into oblivion and the abyss of memory. Brands like Vincent, Matchless and, more recently, Victory Motorcycles have all either gone out of business altogether or shrunk so much that they are barely a specification in the motorcycle industry. Other brands like Norton and Benelli have revived with the help of the Chinese, with the latter having great success in doing so.

You may or may not be familiar with Zundapp, a German motorcycle manufacturer founded in 1917. The brand played a major role in moving troops during the war, especially with the KS 750 sidecar, and even had a few models notable streets over the years. who followed. The German brand finally closed in 1984 and has since remained defunct, albeit among enthusiasts and collectors who carry on the company’s legacy through their projects and collections.

Interestingly, however, the brand seems to have made a comeback in the e-bike world. Yes, the Zundapp Z801, its flagship model, is an e-MTB that certainly sounds like fun to ride. Italian motorcycling publication Moto.IT found the bike for sale on several e-commerce platforms with a retail price of 2,099 euros, or about $2,372. However, German retail group Lidl is selling the Z801 for an even lower price of just 899 euros, or around $1,015, less than half the recommended list price, and certainly a bargain.

Now I hear you, e-bikes are surely a far cry from the glorious world of motorcycles, aren’t they? Well, if the future is any indication, it’s that electric is the way to go. In fact, major motorcycle brands such as Yamaha, Ducati, and BMW have gone ahead and introduced their own electric bikes. I might be stepping out on a limb here, but who knows, maybe Zundapp could eventually roll out an electric scooter, or maybe even a full-fledged electric motorcycle?

Looking at things as they are now, the Zundapp Z801 is sure to be a fun ride. It is powered by a 250 W electric motor with pedal assistance and a 480 Wh lithium-ion battery. It offers a range of up to 125 kilometers and fully charges in about five hours. An aluminum frame keeps the bike relatively light, while a combination of kit and drivetrain components from well-known cycling brands such as Shimano, Prowheel and Neco come standard. It even comes with a nifty handlebar-mounted dashboard that lets you toggle the level of pedal assist, see how far you’ve traveled, as well as the status of the bike’s battery.

Industry Analysis of Debt Consolidation Market 2022, by Top Key Companies, Types, Applications and Forecast to 2030 – Instant Interview

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Debt Consolidation Market Size 2022 Industry Share, Strategies, Growth Analysis, Regional Demand, Revenue, Key Players and Forecast Research Report 2030

A recent market research report added to the repository of Credible markets is an in-depth analysis of Global debt consolidation market. Based on the historical growth analysis and current scenario of the Debt Consolidation Market, the report aims to offer actionable insights into the growth projections of the global market. The authenticated data presented in the report is based on the results of extensive primary and secondary research. The insights gained from the data are great tools that facilitate a deeper understanding of several aspects of the global debt consolidation market. This further helps the user in his development strategy.

This report examines all the key factors influencing the growth of the global debt consolidation market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis. The regional assessment of the global debt consolidation market opens up a plethora of untapped opportunities in the regional and national markets. Detailed company profiling allows users to assess company stock analysis, emerging product lines, NPD’s reach into new markets, pricing strategies, opportunities for innovation and more. Moreover.

Click the link for a free sample report @ https://crediblemarkets.com/sample-request/debt-consolidation-market-13135?utm_source=Pramod&utm_medium=SatPR

The main players in the debt consolidation market are:

Clear credit solutions
Mozo
Sort my debt
Australian Lending Center
Canstar
Credit Repair Australia
debt negotiators
Australian Debt Solvers
The DCS group has
Australian debt agreements
debt cutter
think about the money

The major types of debt consolidation products covered in this report are:

Credit card debt
Overdrafts or loans
Others

Most widely used downstream areas of Debt Consolidation Market covered in this report are:

Business
Private

Regional Analysis of Global Debt Consolidation Market

The whole regional segmentation has been studied based on recent and future trends, and the market is forecast through the forecast period. The countries covered in the regional analysis of the Debt Consolidation Market report are US, Canada & Mexico North America, Germany, France, UK, Russia, Italy , Spain, Turkey, the Netherlands, Switzerland, Belgium and the rest of Europe in Europe. , Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, United Arab Emirates, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as part of Middle East and Africa (MEA), and Argentina, Brazil and Rest of South America as part of America from South.

Directly Buy This Market Research Report [email protected] https://crediblemarkets.com/reports/purchase/debt-consolidation-market-13135?license_type=single_user;utm_source=Pramod&utm_medium=SatPR

A few points from the table of contents:

Market overview: It includes six chapters, research scope, key manufacturers covered, market segments by type, debt consolidation market segments by application, study objectives and years considered.

Market landscape: Here, the global Debt Consolidation market competition is analyzed, by price, revenue, sales and market share by company, market rates, competitive situations Landscape and latest trends, merger, expansion, acquisition and market shares market of the best companies.

Manufacturer Profiles: Here, leading players of the global debt consolidation market are studied based on sales area, key products, gross margin, revenue, price, and production.

Market Status and Outlook by Region: In this section, the report discusses gross margin, sales, revenue, production, market share, CAGR and market size by region. Here, the global debt consolidation market is thoroughly analyzed on the basis of regions and countries such as North America, Europe, China, India, Japan, and MEA.

Application or end user: This section of the research study shows how different end user/application segments are contributing to the global Debt Consolidation Market.

Market forecast: Production side: In this part of the report, the authors have focused on the production and production value forecasts, the forecasts of the main producers and the production and production value forecasts by type.

Research results and conclusion: This is one of the last sections of the report where the analysts’ findings and the conclusion of the research study are provided.

What does the report include?

The market report includes a detailed assessment of the various drivers and restraints, opportunities and challenges that the market will face during the projected horizon. Moreover, the report provides comprehensive information regarding regional developments of the market, affecting its growth over the forecast period. It includes information sourced from expert industry professional advice by our research analysts using multiple research methodologies. The competitive landscape offers more detailed information about the strategies such as product launches, partnerships, mergers and acquisitions, and collaborations adopted by the companies to maintain their position in the market between 2021 and 2027.

Do you have a specific question or requirement? Ask our industry expert @ https://crediblemarkets.com/enquire-request/debt-consolidation-market-13135?utm_source=Pramod&utm_medium=SatPR

Why buy this report?

  • To get a detailed analysis of business strategies regarding the major key players that already exist in the global Debt Consolidation Market along with value chain, raw material and industry variables.
  • To understand all the information related to the Debt Consolidation market based on its market, segmentations and sub-segmentations.
  • The report gives an in-depth research on distribution channels and distribution chain with retailers, wholesalers, manufacturers, resellers, suppliers and consumers.
  • The report covers all the factors such as CAGR, supply and demand, macroeconomic models, customer buying patterns and several others with appropriate and genuine data.
  • Moreover, with the help of SWOT analysis, PESTLE analysis and opportunity assessment, researchers and analysts offer accurate and verified information through the report.

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Innovative Debt Consolidation Market Strategy by 2030 | Goldman Sachs, New Era Debt Solutions, OneMain Financial – The Bite

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JCMR Global recently announced Debt Consolidation Market Report 2022 is an objective and in-depth study of the current state aimed at key drivers, market strategies and growth of key players. The Debt Consolidation study also involves the significant market achievements, research and development, new product launch, product responses, and regional growth of major competitors operating in the market globally and local. The structured analysis contains a graphical and schematic representation of the global debt consolidation market with its specific geographical regions including the following key players Goldman Sachs, New Era Debt Solutions, OneMain Financial, Lending Club, Payoff, Discover Personal Loans, Rescue One Financial, Freedom Debt Relief, ClearOne Advantage, National Debt Relief, Premier Debt Help, Oak View Law Group, Pacific Debt, Guardian Debt Relief, CuraDebt Systems, Debt Negotiation Services, Accredited Debt Relief.

[Due to the pandemic, we have included a special section on the Impact of COVID 19 on the @ Market which would mention How the Covid-19 is Affecting the Global Debt Consolidation Market

 

DOWNLOAD INSTANT Debt Consolidation SAMPLE [email protected] jcmarketresearch.com/report-details/1339887/sample

 

Debt Consolidation Report Overview:

The Global Debt Consolidation Market report comprises a brief introduction of the competitive landscape and geographic segmentation, innovation, future developments, and a list of tables and figures. Competitive landscape analysis provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, and revenue, market share, price, production sites and facilities, SWOT analysis, product launch. The next section focuses on industry trends where market drivers and top market trends are shed light upon. The report offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Debt Consolidation Industry. This report investigates market-based on its market fragments, chief geologies, and current market patterns.

Geographical Analysis for Global Debt Consolidation Market:

 

•             Debt Consolidation industry North America: United States, Canada, and Mexico.

•             Debt Consolidation industry South & Central America: Argentina, Chile, and Brazil.

•             Debt Consolidation industry Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.

•             Debt Consolidation industry Europe: UK, France, Italy, Germany, Spain, and Russia.

•             Debt Consolidation industry Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.

 

Debt Consolidation Market Analysis by Types & Applications as followed:

[Segments]

Free customization of debt consolidation report according to your interest @ jcmarketresearch.com/report-details/1339887/enquiry

The Debt Consolidation industry report sheds light on the global Debt Consolidation market factors such as drivers, opportunities, and restraints. The Debt Consolidation industry report identifies high growth areas along with growth factors that are helping to drive the segments. The Debt Consolidation study covers upstream and downstream value chain analysis, technical trends, and Porter’s Five Forces analysis. The Debt Consolidation report also provides company ranking in terms of revenue, profit comparison, cost competitiveness, market capitalization, company growth, and market value chain.

Key areas that have been focused on in the Debt Consolidation report:

  • Key Trends Observed in the Global Debt Consolidation Market
  • Debt consolidation market and pricing issues
  • The Extent of Commerciality in the Debt Consolidation Market
  • Debt consolidation Geographic limits
  • Consolidation of debt related to the distribution industry, planning, performance and supplier requirements
  • Growth opportunities that may emerge in the debt consolidation industry in the coming years
  • Growth Strategies Considered by Debt Consolidation Players

The report offers a superior view of various factors driving or restraining the development of the global Debt Consolidation Market. Moreover, it offers an overview of each market segment such as debt consolidation end user, debt consolidation product type, debt consolidation application and debt consolidation region. Debt Consolidation company profile includes analysis of product portfolio, revenue, SWOT analysis, holder analysis and latest company developments related to Debt Consolidation. The Debt Consolidation report pays close attention to the production, revenue, price and gross margin in markets of different regions.

If you want to buy the debt consolidation report and the bottleneck is related to pricing, please let me know if there is a suitable number for you? :- jcmarketresearch.com/report-details/1339887/discount

Find more research reports on Debt consolidation industry. By JC Market Research.

About the Author:

JCMR’s global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities, but also to empower and inspire you to create visionary growth strategies for the future, through our extraordinary depth and breadth of thought leadership, research, tools, events and experience. that help you make goals a reality. Our understanding of the interplay between industry convergence, megatrends, technologies and market trends provides our clients with new business models and opportunities for expansion. We are focused on identifying the “Accurate Forecast” in each industry we cover so that our clients can reap the benefits of being early market entrants and can achieve their “Goals and Objectives”.

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Bronco Partners Debt Consolidation Scam 2022

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Ad Disclosure: We earn referral fees from advertisers. Learn more

Is BroncoPartners a scam? We will let you be the judge.

Bronco Partners entices you by sending you a direct mail with a “personalized invite code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to BroncoFunding.com or myBroncoPartners.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

  • have you been “pre-approved” for a $70,000 loan?
  • Have you been told that your interest rate will drop from 19.90% to 3.15%?
  • Were you promised that your monthly payment would go from $1,320 to $323.40?
  • Have you been sold a monthly savings of $996.60?
  • Did you receive a letter in your mailbox from the Loan Acceptance Department?
  • Did your letter look like this?
Bronco Partners Debt Consolidation Scam 2022 1

It’s not new. Many unscrupulous debt marketing companies have used this as a business model for years. They lure you in with the low interest rate, shackle you for a week, then let you know you don’t qualify for a loan. They then offer you very expensive debt settlement options.

Bronco Partners BBB
Editorial credit: Kate Kultsevych

Is Broncos The partners Legit or a scam?

Crixeo.com rewarded Broncos The partners a 1-star rating (data collected and updated as of February 19, 2021). We hope the information below will help you make an informed decision on whether to do business with Knights Funding. We hope the information below will help you make an informed decision on whether to do business with Knights Funding.

  • Broncos The partners operates two websites, BroncosThe partners.com & myBroncos The partners.com.
  • Broncos The partners is part of a collection of almost 50 websites that we discovered. All are affiliated and listed below.
  • Our belief is that Broncos The partners operates so many different websites in order to escape the huge amount of complaints and negative articles on the internet.
  • We advise caution when working with Broncos The partners. Affiliate websites have several negative reviews and scam complaints.
  • Broncos The partners operates under the sovereign protection of the Mandan, Hidatsa and Arikara Nation (a/k/ MHA Nation), a Native American tribe.

Broncos The partners may be affiliated with the following websites:

  • Hawkeye Associates
  • Brice Capital
  • Capital of the Bruins
  • Loan Dale
  • Yellowhammer Associates
  • Big Apple Associates
  • Cornhusker Advisors
  • badger advisors
  • Rockville Advisors
  • Snowbird Partners
  • Gulf Street Advisors
  • Partners earlier
  • Old Dominion Associates
  • Harrison Funding
  • Johnson Funding
  • Taft Financial
  • Georgetown Funding
  • Memphis Associates
  • Tate Advisors
  • Patriot Funding
  • Malloy Loan
  • Plymouth Associates
  • Silvertail Associates
  • Safe Path Advisors
  • Coral Funding
  • neon funding
  • Cobalt Advisors
  • Saxton Associates
  • Hornet Partners
  • Colony Associates
  • First State Associates
  • Polk Partners
  • Ladder Advisors
  • Corey Advisors
  • Pennon Partners
  • Jayhawk Advisors
  • Clay Advisors
  • Great Lakes Associates
  • Pin Advisors
  • Alamo Associates
  • punch partners
  • Partners of the Montagne Blanche
  • Steele Advisors
  • Grand Canyon Advisors
  • Loan of gliders
  • lucky marketing
  • Golden State Partners
  • Pin Advisors
  • Derby Advisors
  • Graylock Advisors
  • Tuck Associates
  • punch partners
  • Bowling Associates
  • Ballast Associates
  • Tweed Loan
  • loan competition
  • Graphite Financing
  • August Funding
  • Broadstar Financial
  • Salvation Funding
  • Stallion loan
  • Pebblestone Financial
  • Sussex funding
  • Lafayette financing
  • Funding for guardian angels
  • Bridgeline financing

Broncos The partners Reviews and ratings

Broncos The partners and its affiliate websites are not accredited by the BBB and have been the subject of numerous complaints and negative press under various names.

MEC Distribution LLC

At one point, Broncos The partners and its affiliate website operating as MEC Distribution, LLC. The Better Business Bureau issued its first alert on this company in February 2018:

In February 2018, BBB staff visited Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces in office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

BBB has confirmed with the North Dakota Department of Financial Institutions that Lafayette Funding is not licensed in North Dakota as a debt settlement company. Additionally, BBB contacted building management at the Lafayette Funding Claims address in Bismarck, ND, and learned that Lafayette is not located at that address. BBB advises extreme caution when dealing with this entity.

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces of office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

HaFinancing of the Knights BBB Reviews

You won’t find a BBB file on Financing of the Knights because the complaints haven’t started coming in yet. However, we have reviewed some complaints from its affiliate websites:

Cathy M. – 1 star review

They changed their name to Salvation Funding. After seeing this note, I understand why. I don’t know how they got my information, but they need to be stopped.

Terry W. – 1 star review

Beware of bait and switch shippers. The terms are “extremely different” from those advertised! It’s a waste of time.

My goal is to help others realize that it’s a waste of time! Pebblestone Financial’s advertisement is definitely misleading in my opinion. After my conversation with Fred, his response was, “we can definitely help you…I’ll call you tomorrow morning with the details…have a pen and paper ready to write down the numbers.” The sender includes in fine print… This review is not guaranteed if you do not meet the selected criteria.

It also further states: “This review is based on information in your credit file indicating that you meet certain criteria.” In my case, I’m not behind on payments, and neither will I be. I am current on all outstanding debts and my credit history demonstrates it. When Fred called the next morning… his terms were totally ridiculous and, in my opinion, “predatory loans”. When I asked Fred…are those the terms of Pebblestone’s offer, he said yes. I replied, I’m not interested in those terms and he hung up the phone immediately with no further conversation.

The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify with one payment and take advantage of the low pre-approved average rate of 3.67%. While I currently pay between 10.9% and 12.9% to credit card companies…this offer was attractive. The sender stated in BIG BOLD PRINT: You have been pre-approved for a debt consolidation loan with a rate as low as 3.67%. The pre-approved loan amount was actually $11,500 more than my total debt consolidation.

In summary… it’s definitely a “Bait and Switch” scheme in my opinion. I checked BBB feedback before responding to this offer and have not seen any negative feedback. Now I see other very similar answers with the same “Bait and Switch” experience. Hope this helps others avoid wasting time finding out about these unethical practices of Pebblestone Financial.

The Rent-A-Tribe Program

In recent years, hiding behind the protection of a Native American tribe has been made popular by internet payday lenders. In July 2018 Charles Hallinan, “the payday loan godfather”, was sentenced to 14 years in prison for providing payday loans through the Mowachaht/Muchalaht First Nation in British Columbia. In January 2018, Scott Tucker was sentenced to more than 16 years in prison for running an illegal $3.5 billion payday loan business while operating under “sovereign immunity” from the Modoc tribe of the United States. Oklahoma and the Santee Sioux Tribe of Nebraska.

Why do we focus on Broncos The partnersThe negative reviews?

We urge you to do your own research and due diligence on Broncos The partnersespecially when it comes to your Personal finance. We urge you to be careful what you find on the Internet. Compare the good and the bad and make an informed decision. In our experience, where there is smoke…there is fire. But you make the call.

Knights Funding Review

Bronco Partner Review – Caution Notice

Bronco Partners attracts you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to KnightsFunding.com or myKnightsFunding.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

Will a debt consolidation loan affect my credit rating?

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

(The Credible Money Coach explains the possible credit impact of a debt consolidation loan.)

Dear Credible Money Coach,

Is it true that when you take out a debt consolidation loan, it hurts your credit? —Twila

Hello Twila and thank you for your question. Debt consolidation affects your credit differently depending on how you structure it and manage loan repayments. This can be a smart way to manage multiple high interest debts without hurting your finances.

If you’re considering a personal loan for debt consolidation, compare rates from multiple lenders to get the best deal. Credible, it’s easy to view your prequalified personal loan rates in minutes.

Why do people consolidate their debts?

When you consolidate debt, you open a new credit account, such as a personal loan, credit card, or home equity loan, to repay several existing debts. This leaves you with one payment instead of multiple accounts to manage.

If you have good credit, you may be able to get an interest rate that’s lower than the combined effective rate you’re paying on multiple debts. This saves money in the long run.

Ways to Consolidate Debt

There are several options for consolidating debt, including:

Each of these options has advantages and disadvantages. For example, personal loan interest rates are generally lower than credit card rates. But if you continue to incur credit card charges, you could go into more debt.

Doing a 0% balance transfer could save you interest for 12 months or more. But if you do not repay the entire balance before the end of the promotional period, the interest rate could increase significantly.

If you sign up for a debt management plan with a credit counselor, they can negotiate with your creditors to pay less than you owe, lower your interest rate, or extend your repayment period. But if you can’t repay a debt management plan as agreed, your credit may suffer.

Risks of a debt consolidation loan

A debt consolidation loan can lower your credit scores in the short term. This is because new credit applications cause your scores to drop. And if you use the loan to pay off a credit card and then close it, you reduce your total available credit, which leads to lower credit scores. (It’s best to keep a paid credit card open so you have more credit available in your name.)

However, if you make your new loan payments on time each month, your credit should recover fairly quickly from the slight hit it took when you opened the loan.

Should you get a debt consolidation loan?

A debt consolidation loan is not for everyone. I advise you to think twice before emptying a retirement account to pay off debt or putting your home at risk with a home equity loan or line of credit.

And if bad spending habits are causing your debt, working with a qualified credit counselor to improve your financial habits may be more helpful than lowering your interest rate with a debt consolidation loan.

If you decide a personal loan is right for you, Credible can help. compare personal loan rates from multiple lenders without hurting your credit.

Ready to know more? Check out these articles…

Need Credible® advice for a money-related question? Email our credible financial coaches at [email protected]. A Money Coach could answer your question in a future column.

This article is intended for general information and entertainment purposes. Use of this site does not create a professional-client relationship. Any information found on or derived from this website should not replace and should not be taken as legal, tax, real estate, financial, risk management or other professional advice. If you require such advice, please consult a licensed or competent professional before taking any action.

______

About the Author: Laura Adams is a personal finance and small business expert, award-winning author and host of silver girl, a weekly audio podcast and top notch blog. She is frequently quoted in the national media and millions of readers and listeners benefit from her practical financial advice. Laura’s mission is to empower consumers to live richer lives through her work as a speaker, spokesperson and advocate. She earned an MBA from the University of Florida and lives in Vero Beach, Florida. Follow her on LauraDAdams.com, instagram, Facebook, Twitterand LinkedIn.

Looking for credit card relief? Don’t Believe These Debt Consolidation Myths

PHOENIX–(BUSINESS WIRE)–As Americans’ credit card debt levels rise, 29% of them are facing problems with their liabilities, according to New York Life. This means that millions of people may need solutions such as debt consolidation, but may find information about the process confusing or misleading.

“Debt consolidation offers a way to combine multiple debts into one payment to provide a streamlined way to repay. It’s often a great solution for people overwhelmed by multiple bills looking to regain control of their money,” said Michael Sullivan, personal financial consultant at Take Charge America, a non-profit housing and credit counseling agency. “But like other forms of debt relief, it can be difficult to separate truth from fiction.”

Sullivan busts five common debt consolidation myths:

  • You cannot pursue the consolidation yourself. False. Despite what you may hear elsewhere, debt consolidation is a process that you can initiate yourself. Consolidation can take many forms, including a debt management plan, balance transfer credit cards, and personal loans. Research the different solutions to determine which works best for you. A non-profit credit counseling session can also offer an unbiased assessment of your unique situation.
  • Consolidation eliminates your debt. False. Although consolidation is a great way to control your debt by combining multiple debts into one payment, you still have to pay off the balance. Consolidation is not forgiveness.
  • You must have good credit to pursue debt consolidation. Mostly false. When applying for a consolidation loan, good credit can help you get better terms and a lower interest rate. If you explore a debt management planyour credit score is not a factor in qualifying for the plan or obtaining lower interest rates.
  • You always save on interest. False. You can save on interest, depending on the terms of your consolidation loan. But even with a lower interest rate, you might end up paying more interest over the life of the loan if you extend the repayment period.
  • Consolidation traps you in a cycle of debt. False. Like other debt relief options, consolidation is a tool to help you regain control of your financial situation. It doesn’t solve the underlying problem, which is often overspending and mismanagement of money. If you don’t solve these problems yourself, you can easily get into debt.

To learn more about debt consolidation or other debt relief options, visit take over america.

About Take Charge America, Inc.

Founded in 1987, Take Charge America, Inc. is a non-profit agency providing financial education and counseling services, including credit counseling, debt management, student loan counseling, housing advice and bankruptcy advice. He has helped over 2 million consumers nationwide manage their personal finances and debts. To learn more, visit takechargeamerica.org or call (888) 822-9193.

Helping Texans With Unbearable Credit Card Debt

Many Texans are on the verge of deciding whether to pay their living expenses or their credit card payments. Putting food on the table, keeping the lights on, and especially here in Texas, keeping the air conditioning on during the humid summer months take priority. But what are the options available to resolve the debt without declaring bankruptcy?

Debt consolidation usually involves taking out a new loan and paying off existing loans, such as credit cards. But if you’re having trouble making your payments or have fallen behind on your payments, a debt consolidation loan probably isn’t an option. Another way to consolidate debt is through a credit counseling debt management plan. Rather than using a new loan, the credit counselor will lower your current credit card interest rates and distribute your one-time monthly payment to your creditors. You will no longer be able to make any further charges on your listed debt.

A much more aggressive program is sometimes considered a form of debt consolidation because you only make one program payment, but your creditors do not receive normal monthly payments, nor do you use a new loan. to pay off your debt. Debt settlement or debt negotiation is a way to resolve debt for significantly less than the balance owed, including the added savings of not having to pay potentially decades of future interest charges. However, this is a hardship program and should only be considered if you need serious relief and want to avoid bankruptcy.

There are many out-of-state debt relief companies that advertise to Texans on the Internet and on cable television. A Texas-based company that exclusively helps Texans may be much more knowledgeable about the specific consumer protections provided by state law. Some out-of-state debt relief may overcharge Texans for debt relief that is regulated by the state government. Debt Affordable Debt Consolidation is a Texas-based, 100% veteran-owned company that helps Texans find solutions to their credit card debt and personal loans. These options include a free platform to purchase the best debt consolidation loan, credit counseling referrals, or a debt relief program to negotiate the cancellation of a large portion of your debt balances.

If you opt for a debt relief program, Affordable Debt Consolidation negotiation fees are typically 20-40% lower than those charged by most out-of-state companies. If you want to learn more about debt resolution options, call (361) 724-3000 or visit affordable debt consolidation for a free, no-obligation consultation with a Texas debt specialist.

For more Coastal Living, visit our website or follow our Facebook and Instagram.

Taiwanese electric motorcycle brand Gogoro reports recent sales surge – Taiwan English News

Electric scooter brand Gogoro announced on March 1 that the number of newly licensed electric scooters in Taiwan in the first two months of 2022 reached 7,308 units, more than double the same period last year, with a growth rate of 132.2%.

Compared with the boom in electric scooter sales, sales of traditional fuel scooters continued to decline. The number of new traditional fuel scooter licenses in January and February 2022 decreased by 10.4% compared to the same period last year. Gogoro’s press release also noted that since March 2021, the number of new traditional fuel scooter licenses on a monthly basis has seen negative year-over-year declines for 12 consecutive months.

Sales figures from Gogoro show that in January 2022, the number of newly authorized electric scooters was 3,025, an increase of 109.6% compared to the same period last year, and in February, despite less working days due to Lunar New Year holiday and shorter month. , business performance was even more dazzling. The number of new licenses in February was 4,283, an increase of 151.2% compared to the same period last year and 41.6% more than in January.

During the October-February period, Gogoro brand electric scooters accounted for more than 94.1% of total electric scooter sales in Taiwan.

Taiwan English News is an independent publication without corporate funding. Subscribe to Taiwan English News to receive the latest news by email. Advertising requests are welcome. Share, like, comment below, and please buy me a coffee. I really need it.

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Is using a consolidation or debt settlement company a good idea?

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Dear Dave,

I’ve seen a lot of ads lately for debt consolidation companies, debt settlement companies and HELOC. Are any of these methods for reducing debt a good idea?

— Brant

Dear Brant,

No. These are all bad ideas when it comes to getting out of debt. There’s a lot of noise these days about all the ‘quick’ and ‘easy’ ways to clean up debt and take control of your finances. But the truth is that neither is ever easy. If something sounds too good to be true, it probably is.

Debt consolidation is basically a loan that consolidates all your debts into one payment. Sounds like a great idea at first, right? But then you discover that the life of your loans increases, which means that you will remain in debt even longer than before. The low interest rate that seems so attractive at first also increases over time. Extending the length of time you pay off your debts, on top of adding interest, is just plain stupid.

Debt settlement companies are terrible. These seedy outfits will charge you a fee and then promise to negotiate with your creditors to reduce what you owe. In most cases, they take your money upfront, do a poor job of “negotiating” your debt, and leave you responsible for what’s left.

A home equity line of credit (HELOC) is also a bad idea. With a HELOC, you borrow against your home. Plus, you risk losing your home if you can’t pay it off on time.

All of these plans are really just gimmicks that only treat the symptoms of your money problems. They never help you solve the root problem of why you landed there in the first place. Personal finance is still 80% behavioral and 20% mental knowledge. You need to change your behavior if you want to have a positive and lasting impact on your finances.

— Dave

Knights Funding Debt Consolidation Scam 2022

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Editorial credit: Cinemato

Ad Disclosure: We earn referral fees from advertisers. Learn more

Is Knights Funding a scam? We will let you be the judge.

Knights Funding entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to KnightsFunding.com or myKnightsFunding.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

It’s not new. Many unscrupulous debt marketing companies have used this as a business model for years. They lure you in with the low interest rate, shackle you for a week, then let you know you don’t qualify for a loan. They then offer you very expensive debt settlement options.

Knights Funding Debt Consolidation Scam 2022 2

Is Knights Funding legit or a scam?

Crixeo.com rewarded Financing of the Knights a 1-star rating (data collected and updated as of February 19, 2021). We hope the information below will help you make an informed decision on whether to do business with Knights Funding. We hope the information below will help you make an informed decision on whether to do business with Knights Funding.

  • Financing of the Knights operates two websites, KnightsFunding.com & Funding myKnights.com.
  • Financing of the Knights is part of a collection of almost 50 websites that we discovered. All are affiliated and listed below.
  • Our belief is that Financing of the Knights operates so many different websites in order to escape the huge amount of complaints and negative articles on the internet.
  • We advise caution when working with Financing of the Knights. Affiliate websites have several negative reviews and scam complaints.
  • Financing of the Knights operates under the sovereign protection of the Mandan, Hidatsa and Arikara Nation (a/k/ MHA Nation), a Native American tribe.

Financing of the Knights may be affiliated with the following websites:

  • Hawkeye Associates
  • Loan Dale
  • Yellowhammer Associates
  • Big Apple Associates
  • Cornhusker Advisors
  • badger advisors
  • Rockville Advisors
  • Snowbird Partners
  • Gulf Street Advisors
  • Brice Capital
  • Partners earlier
  • Old Dominion Associates
  • Harrison Funding
  • Johnson Funding
  • Taft Financial
  • Georgetown Funding
  • Memphis Associates
  • Tate Advisors
  • Patriot Funding
  • Malloy loan
  • Plymouth Associates
  • Silvertail Associates
  • Safe Path Advisors
  • Coral Funding
  • neon funding
  • Cobalt Advisors
  • Saxton Associates
  • Hornet Partners
  • Colony Associates
  • First State Associates
  • Polk Partners
  • Ladder Advisors
  • Corey Advisors
  • Pennon Partners
  • Jayhawk Advisors
  • Clay Advisors
  • Great Lakes Associates
  • Pin Advisors
  • Alamo Associates
  • punch partners
  • Partners of the Montagne Blanche
  • Steele Advisors
  • Grand Canyon Advisors
  • Loan of gliders
  • lucky marketing
  • Golden State Partners
  • Pin Advisors
  • Derby Advisors
  • Graylock Advisors
  • Tuck Associates
  • punch partners
  • Bowling Associates
  • Ballast Associates
  • Tweed Loan
  • loan competition
  • Graphite Financing
  • August Funding
  • Broadstar Financial
  • Salvation Funding
  • Stallion loan
  • Pebblestone Financial
  • Sussex funding
  • Lafayette financing
  • Funding for guardian angels
  • Bridgeline financing

Financing of the Knights Reviews and Ratings

Financing of the Knights and its affiliate websites are not accredited by the BBB and have been the subject of numerous complaints and negative press under various names.

MEC Distribution LLC

At one point, Financing of the Knights and its affiliate website operating as MEC Distribution, LLC. The Better Business Bureau issued its first alert on this company in February 2018:

In February 2018, BBB staff visited Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces in office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

BBB has confirmed with the North Dakota Department of Financial Institutions that Lafayette Funding is not licensed in North Dakota as a debt settlement company. Additionally, BBB contacted building management at the Lafayette Funding Claims address in Bismarck, ND, and learned that Lafayette is not located at that address. BBB advises extreme caution when dealing with this entity.

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all locations were vacant and building management explained that although rent was paid by MEC Distribution, the spaces of office were not used. MEC Distribution LLC has provided BBB with a mailing address for complaint handling in Bloomfield Township Michigan. BBB’s mail to this address was returned as “undeliverable as addressed – undeliverable”. Currently, BBB does not have a physical location for this business.

HaFinancing of the Knights BBB Reviews

You won’t find a BBB file on Financing of the Knights because the complaints haven’t started coming in yet. However, we have reviewed some complaints from its affiliate websites:

Cathy M. – 1 star review

They changed their name to Salvation Funding. After seeing this note, I understand why. I don’t know how they got my information, but they have to stop.

Terry W. – 1 star review

Beware of bait and change sender. The terms are “extremely different” from those advertised! It’s a waste of time.

My goal is to help others realize that it’s a waste of time! Pebblestone Financial’s advertisement is definitely misleading in my opinion. After my conversation with Fred, his response was, “we can definitely help you…I’ll call you tomorrow morning with the details…have a pen and paper ready to write down the numbers.” The sender includes in fine print… This review is not guaranteed if you do not meet the selected criteria.

It also further states: “This review is based on information in your credit file indicating that you meet certain criteria.” In my case, I’m not behind on payments, and neither will I be. I am current on all outstanding debts and my credit history demonstrates it. When Fred called the next morning… his terms were totally ridiculous and, in my opinion, “predatory loans”. When I asked Fred…are those the terms of Pebblestone’s offer, he said yes. I replied, I’m not interested in those terms and he hung up the phone immediately with no further conversation.

The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify with one payment and take advantage of the low pre-approved average rate of 3.67%. While I currently pay between 10.9% and 12.9% to credit card companies…this offer was attractive. The sender stated in BIG BOLD PRINT: You have been pre-approved for a debt consolidation loan with a rate as low as 3.67%. The pre-approved loan amount was actually $11,500 more than my total debt consolidation.

In summary… it’s definitely a “Bait and Switch” scheme in my opinion. I checked BBB feedback before responding to this offer and have not seen any negative feedback. Now I see other very similar answers with the same “Bait and Switch” experience. Hope this helps others avoid wasting time finding out about these unethical practices of Pebblestone Financial.

The Rent-A-Tribe Program

In recent years, hiding behind the protection of a Native American tribe has been made popular by internet payday lenders. In July 2018 Charles Hallinan, “the payday loan godfather”, was sentenced to 14 years in prison for providing payday loans through the Mowachaht/Muchalaht First Nation in British Columbia. In January 2018, Scott Tucker was sentenced to more than 16 years in prison for running an illegal $3.5 billion payday loan business while operating under “sovereign immunity” from the Modoc tribe of the United States. Oklahoma and the Santee Sioux Tribe of Nebraska.

Why do we focus on Financing of the KnightsThe negative reviews?

We urge you to do your own research and due diligence on Financing of the Knightsespecially when it comes to your Personal finance. We urge you to be careful what you find on the Internet. Compare the good and the bad and make an informed decision. In our experience, where there is smoke…there is fire. But you make the call.

Knights Funding Review

Knights Funding Review – Cautionary Notice

Knights Funding entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3% to 4% to consolidate your high interest credit card debt. You will be directed to KnightsFunding.com or myKnightsFunding.com. More than likely, you will not qualify for one of their debt relief loans and they will try to switch you to a more expensive debt settlement product.

Honda CB400F world record price highlights UK motorcycle sales

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In the middle of the motorcycle adornment presented by Silverstone’s The very first self-driving motorcycle auction was what could easily have been overlooked as a relatively ordinary vintage motorcycle, a 1978 Honda CB400F.

But it was a Honda with a difference. The 400cc 4 cylinder motorcycle has never been used, presented as 100% complete and original, and with only one mile on the odometer.

As such, it sold for a whopping £15,975 ($21,604), an impressive result that broke the world record for this model sold at auction.

The 1936 Brough Superior was the top seller

Silverstone Auction’s sale of 120 motorcycles took place at the Carol Nash MCN Motorcycle Show at ExCel in London, where it achieved sales of £767,000 ($1,037,760) and a sell-through rate of 75%.

The top-selling motorcycle in the auction was a “superbly presented” 1936 Brough Superior SS80 982cc, which sold for £61,875 ($8,3717).

auction
The 1927 Triumph Works TT is believed to have a racing history on the Isle of Man

Another historically significant motorcycle was a 1927 Triumph Works TT 489cc racing motorcycle, believed to be one of six works riders entered by Triumph in the Isle of Man TT races in 1927, and which sold £41,625 ($56,319).

Starting the auction was a special appearance by TT motorcycle racing legend Maria Costello MBE, who is an ambassador for the motorcycle brand, as she reviewed some of the special motorcycle offers on sale, including the record-breaking Honda.

Silverstone’s next motorcycle auction will take place during the MCN Motorcycle Festival at the East of England Arena, Peterborough on May 15. For the full results of the London auction, visit the Silverstone website.

Grapeland City Council Approves Debt Consolidation |

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The move will free up funds for emergencies and sewage upgrades

By Jason Jones

Messenger Reporter

GRAPELAND – Grapeland City Council held a regular meeting on Tuesday, February 8 to discuss and act on a list of agenda items.

The ministerial reports constituted the first order of the day. Chief Thomas Shafer reported that the police department responded to 155 calls, made 79 stops and two arrests. Shafer also reported that the department conducted 276 security checks at area businesses, a practice welcomed by the community. City Superintendent Kevin Watts followed up with a favorable report for the water utility.

During the Mayor’s FYI portion of the meeting, the council discussed the possibility of creating a “safe trading area” for the community with video surveillance. Mayor Mitchell Woody explained that the area could be used by people who accepted a sale/purchase online and could have a safe and well-lit space to make their trade. The space could also be used for situations such as custody swaps where video evidence could be useful in many cases. Further research will be done on the feasibility of future discussions.

Also discussed was the progress of renovations to the emergency care facilities. According to Watts, the renovations are approaching 50% and are going well. There was also discussion of a new lease negotiated with the urgent care clinic.

The council then moved on to the debt consolidation plan as established by the city’s financial advisor. During the discussion, it was explained that the consolidation would add a small amount at the end of the agreement, but that approximately $600,000 would be freed up for emergency use or to build a new tank for the plant. city ​​sewage treatment plant that would keep any contaminated contamination runoff from being forced into area creeks or streams during emergencies. After some discussion, the consolidation was approved.

Other agenda items discussed at the meeting:

  • The decision to file the appointment of the new head of the Building and Standards Commission as a previously selected individual was unable to perform the duties of the position and withdrew.
  • Approval of water adjustments and supplier payments
  • Approval of departmental reports
  • Approval of amendments for the Fire and EMS budget 2021-2022
  • Approval of agreement for the City of Grapeland to follow the Houston County Risk Mitigation Plan.

Jason Jones can be contacted by email at [email protected]

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6 reasons why a personal loan is ideal for debt consolidation

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Image source: Getty Images

The right personal loan could make your debt much cheaper and easier to pay off.


Key points

  • Personal loans allow you to borrow money for almost any reason.
  • They often come with affordable interest rates.

Personal loans can be used to consolidate debts. This means that you take out a new personal loan and use it to pay off several existing creditors. You can use a personal loan to pay off credit cards, medical debts, other personal loans, etc.

But why would you want to do that? Here are six main reasons why a personal loan can be the ideal tool to use to consolidate your debts.

1. You can use the loan proceeds for anything you want

Most personal loan providers offer great flexibility in how the borrowed money is used. They may not even ask you what you will do with the loan proceeds.

Therefore, after borrowing, you are free to pay off just about any debt you want, from credit cards to medical debt to other personal loans.

2. Personal loans often offer competitive interest rates

The interest rate on a personal loan is often much lower than the rates for other common types of debt, such as credit card debt.

If you can lower the interest rate on your borrowed funds, repayment should be less expensive over time because you won’t have to give the lender so much money to have the privilege of accessing credit.

3. Many personal loans allow you to borrow a large sum

It is often possible to borrow a large sum of money when taking out a personal loan – sometimes as much as $50,000 or $100,000, depending on your income and other financial qualifications.

Since you can borrow a lot, you should hopefully be able to use your personal loan proceeds to pay off most or all of your outstanding debt. This will simplify the debt consolidation process since you won’t have to choose which debts to pay off with your consolidation loan, and you won’t end up with multiple creditors when you’ve completed the process.

4. You can lock in your interest rate with a personal loan

Many lenders offer you the option of choosing a fixed rate personal loan. If you refinance variable rate debt into a fixed rate loan, you won’t have to worry about rising rates and your debt going up.

You’ll have complete certainty about what you’ll pay each month because your monthly payments and borrowing costs will never change.

5. Personal loans come with fixed repayment schedules

When you apply for a personal loan, you decide on a fixed term for the repayment of your personal loan, for example three years or five years. This time frame will not change once you sign your loan agreement and commit to borrowing.

As a result, you will know exactly when you will complete your debt repayment plan and be free from all debts you have consolidated.

6. You don’t usually put your assets at risk when you take out a personal loan

Typically, you will use an unsecured personal loan when consolidating debt. This means you don’t need to use any assets as collateral, unlike a home equity loan, where your home secures the loan.

Each of these benefits distinguishes personal loans from other debt consolidation options, such as home equity loans or balance transfers. If you’re hoping to consolidate your debt this year, a personal loan should be considered when deciding what new credit to take out to pay off your existing lenders.

The Ascent’s Best Personal Loans for 2022

The Ascent team has scoured the market to bring you a shortlist of the best personal loan providers. Whether you’re looking to pay off debt faster by lowering your interest rate or need extra money to make a big purchase, these top picks can help you reach your financial goals. Click here for the full rundown of The Ascent’s top picks.

The former head of JLR becomes president of the motorcycle brand

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Former Jaguar Land Rover CEO Ralf Speth has been named the new chairman of TVS Motor Company.

Effective April 1, Speth takes on the new role alongside Venu Srinivasan who serves as the General Manager.

Ralf Speth started his career at BMW and completed his PhD at the University of Warwick.

Formerly CEO of JLR, Speth will continue to serve on the board as Vice Chairman.

TVS Motor Company bought Norton Motorcycles from administration in April 2020, closing its Castle Donnington base and moving to Solihull.

Creating 100 jobs at its new global headquarters, the facility includes the company’s global design and R&D center, customer showroom and service workshops.

At the National Manufacturing Summit in Coventry, Mayor Andy Street said following the announcement of Speth’s appointment that TVS had “taken over a moribund former British motorcycle brand and they will manufacture electric motor motorcycles A great story about the success of foreign investment.

The new production line aims to produce over 8,000 motorcycles per year, which have been thoroughly examined to ensure the highest quality standards are met.

Norton says it hopes to optimize sustainability and reduce waste to landfills through detailed review of operations. Many durable and fast construction techniques were used on the project, the components of which are reconfigurable at almost 50% as a proportion of the total construction cost.

Even Divorce Might Not Free You From Your Ex’s Student Loan Debt

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Angela Powell met her “prince” during her freshman year of college. She dreamed of a happy marriage, a successful career and two wonderful children. After graduating, she got married and started the other two, attending business school while her husband earned his law degree, before the two settled down to start families in Arizona.

At that time, they decided to consolidate their loans under a new Ministry of Education program for married couples. The benefits were high – a lower interest rate on their debt and only one payment to worry about per month.

“I didn’t think it was a big deal because we were going to pay for all of this. We’re going to be married forever, right?” said Powell. “Fast forward to the housing market crisis in 2009/2010. It’s not a happy marriage anymore. Everybody’s losing their jobs.”

After the divorce, Powell’s relationship with her ex soured. Documents reviewed by NPR show that he has not made regular payments on the loan since 2016, despite the fact that he initially took on nearly double his debt. Thanks to the consolidation, they are now together for nearly $200,000, more than five times the amount of Powell’s original loan.

“I’m stuck with this thing on my back,” Powell says, “and knowing that at the end of the day, if he chooses not to pay, guess what? My monthly payment is $1,942.50.”

More than 14,000 borrowers participated in the short-lived program, which Congress shut down in 2006. It seemed like a simple concept: joint consolidation loans allowed couples to have one monthly payment with a lower interest rate. . The problem arose when trying to separate loans in the event of divorce or domestic violence. The program has no way of sorting out debts.

“It sounds pretty simple. If you can put something together, you can take it apart,” says Patrick Stebly. He’s been in this situation since his divorce in 2013 and has spent the past five years trying to change it for everyone.

Stebly’s advocacy inspired legislation to remedy this problem. Introduced by Sen. Mark Warner, D-Va., and Rep. David E. Price, DN.C., the bill would allow, in cases of divorce or domestic violence, joint loans to be split proportionately based on the original loan amounts. Nearly half a dozen families in this situation told NPR it was the solution they needed.

Warner first introduced the bill in 2017 after a constituent tried to pay off her abusive ex-husband’s student loans. She had moved from Florida to Virginia to get away from him.

“While she physically distanced herself, she couldn’t escape this mutual debt…of an abusive husband. That’s just plain untrue,” Warner said.

After the bill was introduced, people from across the United States contacted the senator’s office asking for relief from the consolidation program.

There’s no data on how many original borrowers have since separated, but national and state domestic violence organizations say economic sabotage — like freezing a spouse’s credit — is one of the main tactics used in abusive relationships.

“It’s so powerful that many survivors cite their ability to financially support themselves and their children as one of the main reasons they stay in an abusive relationship,” says Monica McLaughlin of the National Network to End. Domestic Violence.

NPR spoke with borrowers who had suffered physical and mental abuse from former partners who are now refusing to repay their student loans; they say Warner’s legislation would free them.

“There are so many obstacles that survivors face,” McLaughlin said. “Let’s shoot this one and watch the next one.”

Stebly and his ex-wife are among the lucky ones. They have a friendly relationship, so after their separation, they made a legal agreement to repay their loans: his ex-wife pays him her share of the loan, then he pays the lender. It’s a workaround, but it has some drawbacks. His ex-wife should be eligible for civil service loan forgiveness, but she cannot claim it to clear her debt because their loans are consolidated.

Officials have told Stebly time and time again: It would only take less than 1,000 words to resolve this issue and separate their loans – but those words must be approved by Congress.

“I sent thousand-word emails trying to talk about this thing, you know, every day for a while, trying to get somebody excited about it,” Stebly said. “To me, it seems very simple.”

/ Parker Michels-Boyce for NPR

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Parker Michels-Boyce for NPR

Holly Rodriguez kisses her youngest son, Iommi, at her home in Richmond, Virginia.

Holly Rodriguez agrees. She’s a single mother of two in Richmond, Va., and reckoning with her decisions from two decades ago. She’s about to get divorced, she’s defaulted on her student loans — and the two issues are more related than it seems.

Rodriguez’s loan now stands at nearly $72,000. The jump comes from consolidating with her husband’s loan, interest and about 10 years of precarious finances.

“We paid up front,” Rodriguez said. “And then my husband, shortly after my daughter was born, lost his job. It put our finances in a really tough place.”

Rodriguez works in fundraising and communications for nonprofit organizations; her ex-husband works in the restaurant industry as a line cook and dishwasher. Both went through periods of unemployment and had to deal with medical setbacks during their marriage.

Finances were “a very contentious part of our marriage when we were together,” she says, and their split was not amicable. In 2018, she applied for and obtained a protective order for herself and her children. It was later rejected.

Given all of this, getting her ex to pay off her student loans wasn’t a top priority, but the collection agency kept calling. Rodriguez therefore contacted his loan officer to inform him of his situation. She provided her husband’s contact details and proved he was working, but that didn’t matter.

The loan was in his name, and the loan officer said that if she wanted him to pay, she would have to work it out with him.

Rodriguez says her husband stopped regular payments on their student loans years ago. After repeated requests from NPR, he did not respond for comment.

“I was told, ‘Yeah, he co-signed with you, but you signed the papers first, so we sued you first,'” Rodriguez said.

Fearing that any missed payments would have a direct impact on Rodriguez’s credit rating, she took on the entire debt.

“The thing is, I don’t mind paying off my student loans, but I have a problem with having to pay my loans and his loans,” Rodriguez said. “I paid a debt that’s not mine, and that’s not OK. There’s nothing logical about that.”

For two years, borrowers in joint consolidation could benefit from the pause on federal student loan paymentsbut that will change in a few months: payments resume on May 1. President Biden made his the aversion to widespread debt cancellation is clear.

Advocates and legislators recognize that a legislative solution should be an easy fix. “Even when things are totally logical and rational, things take longer than expected in Congress,” Warner said.

Pushing the legislation through the gears of Congress — the same Congress that failed to push Biden’s social spending package and recent voting rights legislation — can be difficult.

Copyright 2022 NPR. To learn more, visit https://www.npr.org.

Using a Home Equity Loan for Debt Consolidation – Forbes Advisor

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Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

As a homeowner, you have additional financial responsibility, including mortgage, property taxes, home maintenance, and other expenses. You may also be carrying high-interest debt, such as credit cards. Fortunately, there are ways to pay off your debt faster with help from your home.

A home equity loan allows you to use the equity in your home to consolidate your debts at a lower interest rate. However, this strategy has some drawbacks. Here’s what you need to know.

How a Home Equity Loan Consolidates Debt

Home equity is the difference between what you owe on your home (the mortgage balance) and its current value, usually based on the current appraised value. You cannot get a home equity loan unless you have some equity in your home; lenders usually look for at least 15% equity in order to lend them to you.

The more you pay to your lender, the more your capital increases. Another way equity increases is when the overall real estate market is healthy and home values ​​(or sale prices) in your area increase. A home equity loan allows you to borrow against that equity in the form of a lump sum installment loan.

This money can be used for a variety of purposes, such as renovating your home, paying for college, covering emergency expenses, and consolidating debt.

Home equity loans are a good debt consolidation tool because the interest rates are quite low compared to other forms of debt. Once your home equity loan is closed and you receive your funds, you can use the money to pay off your existing debt and then make a one-time payment to your lender until the loan is paid off, usually on a period of five to 20 years.

Advantages and Disadvantages of Using a Home Equity Loan to Consolidate Debt

When deciding whether or not to use a home equity loan to consolidate your debt, you should first consider some important pros and cons.

Advantages

  • Lower interest rates: If you’re looking for ways to borrow money or consolidate debt, a home equity loan offers some of the lowest rates available. Currently, their annual percentage rate (APR) is around 4% to 6%. Personal loans and credit cards, on the other hand, often have double-digit interest rates.
  • Easy access to financing: Although there are certain income and debt balance requirements that you must meet, a home equity loan is generally easier to obtain than other types of debt. This is partly because your property serves as collateral, so there is less risk to the lender than an unsecured loan, which has no assets used as collateral, as they can repossess the collateral. in the event of a defect. Therefore, the lender is more willing to offer a home equity loan.
  • Tax deduction potential: You may be able to write off some of the interest you pay on your home loan. However, you can only take advantage of this deduction if you use the money to pay for home improvements. If home renovations are part of your larger financial plan, it may be worth relying on a home equity loan rather than a credit card, especially if you’re also trying to pay off your high-interest debt.

The inconvenients

  • Risk of losing your home: Since your property serves as collateral, you could lose your home in the event of late payment or default. As long as you’re able to track your payments, this shouldn’t be a problem.
  • Your house could fall under water: Since a home equity loan relies on the value you have accumulated in your home, there is a chance that you will end up under water on your mortgage (you owe more than the value of the property) if the value of the house drops. This is not a problem if you plan to stay in your home for several years, or long enough for the property to recover in value. But if you were hoping to move soon, you might suffer a loss.
  • There could be more fees: You may need to pay to have your home appraised by a professional to determine the value to get a home equity loan. Usually it costs a a few hundred dollars but could be higher depending on where you live and the type of property. You may also have to pay closing costs on the loan.

Is a home equity loan the best way to consolidate debt?

If you’re in a strong financial position, leveraging the equity in your home to get rid of high-interest debt faster is a smart move. However, if you don’t plan to stay in your home for long or are unsure whether your income will be stable throughout the repayment period, you may be better off choosing another method of debt consolidation.

Other Debt Consolidation Options

There are several ways to consolidate your high interest debt without risking your property.

1. 0% Balance Transfer Cards

To attract new business or issue cards to existing customers, credit card companies often offer a 0% initial APR to customers who roll over the balance on their existing credit card, usually from a competitor.

The introductory period typically lasts 12-18 months, during which this balance incurs no interest charges. This means that your payments go 100% towards paying off the principal balance, allowing you to get rid of this debt faster. Usually there is a 2% to 5% balance transfer fee up front. The key is to pay off your balance before the end of the introductory period or you’ll start racking up interest charges again.

2. Take out a personal loan

Personal loans, which are loans you can use to pay almost anything up to a predetermined amount, can also help consolidate your debt. Rates are generally lower than credit card rates, at least for borrowers with good credit.

There are two types of personal loans: secured and unsecured. Secured loans are secured by collateral, such as a bank account or vehicle. This helps reduce the lender’s risk, which results in a lower interest rate. Unsecured loans allow you to borrow money without providing collateral; the trade-off is that the rate may be a bit higher and you may be subject to stricter requirements.

3. Develop a debt management plan

If you’re having trouble making payments on unsecured debt, such as credit cards or personal loans, you might consider working with a nonprofit credit counseling agency to develop a debt management plan. debt (DMP). An accredited advisor will take care of your payments and negotiate on your behalf with lenders to reduce the cost of your debt. You will then make your reduced payments directly to the agency and receive regular progress reports. Registration for a DMP may be chargeable.

Find the best home equity lenders of 2022

The main reasons why you can benefit from debt consolidation

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The consumer world we live in today leads some people to deal with bad credit. If you belong to this category of people, you probably need a bad debt consolidation loan. A bad credit consolidation loan can offer you a financial loan to combine all your credit cards with payday loans and high cost or high interest loans.

In short, debt consolidation loans for bad credit can help you consolidate all your loans into one, saving you time while reducing your fees and interest. In other words, this type of loan is completely stress-free. There are, of course, other benefits of debt consolidation, which will be our topic today, and which we will explore in more detail below. Let’s go.

Top Debt Consolidation Benefits Worth Trying

As mentioned above, debt consolidation is stress-free and time-saving, but there are other benefits to consider, such as:

1. Improve your credit score

When you pay off all of your debts with a debt consolidation loan, they will all be listed as “paid” on your credit card report, which can dramatically improve your credit score in the long run. A bad credit debt consolidation loan gives you the ability to control your high-cost finances by combining your loans into one simple example. Here’s how you can improve your credit score with such a loan:

  • Less fees, less interest, less late fees;
  • Negotiation with creditors to reduce repayments;
  • Refinancing;
  • Reduce interest rates by consolidating all debts into one loan.

2. Control your debt

Once you get overwhelmed with debt, you can start missing your monthly payments, which leads to bad credit. If your debt gets out of hand, you’ll just need more and more money to pay it off, but with such a bad credit score, you won’t be able to easily access personal finance from your traditional bank. This is precisely where a bad debt consolidation loan comes in, giving you a chance to regain full control of your finances.

3. Lower interest rates

If you find yourself in a situation where you have to pay several debts at once, chances are that at least some of them are from your credit card. Credit cards always have a higher interest rate than other available loans, and those rates tend to get even higher when you fail to make a payment on time. Therefore, a credit card consolidation loan can reduce that high interest on your debt, giving you the option of paying off the loan at a much lower rate.

Image courtesy of Unsplash

Fiscal deficit: Higher deficit and lack of clarity on fiscal consolidation add risks to debt reduction: report

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Fitch Ratings said on Monday that higher budget deficits and lack of clarity on consolidation plans in the budget add risks to its projection of India’s lower debt-to-gross domestic product (GDP) ratio. The extent to which the projected rise in investment (capital spending) supports GDP growth and offsets these risks is an important consideration for sovereign ratings, the global rating agency said in a statement.

Risks related to the sustainability of the downward debt trajectory were a key factor in Fitch’s decision to maintain a “negative” outlook on sovereign debt when it affirmed the “BBB-” rating of the India in November 2021.

“Higher deficits and continued lack of clarity on medium-term consolidation plans in India’s latest budget add risks to Fitch Ratings’ projection of a downward trajectory in public debt to GDP” , said Fitch.

The budget presented by the government on February 1 continued to focus on supporting growth rather than fiscal consolidation, Fitch said.

He added that the deficit targets were “slightly higher than what we had expected when we confirmed the rating”.

The budget set a revised deficit of 6.9% of GDP for the fiscal year ending in March 2022 (fiscal year 22), against Fitch’s forecast of 6.6%.

“The projected deficit of 6.4% of GDP for FY23 is also higher than our forecast of 6.1%.

“Borrowing room for states, which was held at 4.0% of state gross domestic product in FY23, keeping it above the pre-pandemic level of 3% , presents an additional risk to our fiscal forecasts,” he added.

India’s public debt-to-GDP ratio, at around 87% in FY21 (ending March 2021), is well above the median of around 60% for BBB-rated sovereigns.

“We revised India’s rating outlook to Negative from Stable in June 2020, in part due to our assumptions regarding the impact of the pandemic on public finance parameters.

“The government has little fiscal space at its current rating level to respond to potential shocks to growth,” Fitch added.

What is a debt consolidation loan and how does it work?

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Debt consolidation loans are often misunderstood. They are not always bad. However, you should only take them after careful consideration. If you plan to subscribe best debt consolidation loans then you need to understand what they are and how to get it.

The use of debt consolidation loans is to help consumers consolidate their debts into a single loan. This means that instead of paying several creditors each month, you would pay one creditor per month.

How Debt Consolidation Works

Consolidating your debts is not the same as filing for bankruptcy. While this can sometimes be helpful in dealing with overwhelming debt, there are some important differences between these two options. Therefore, here’s how debt consolidation works – 1. You take out a new loan and use it to pay off all or most of your existing credit card balances. 2. You pay off the remaining balance on the consolidated loan over time at a lower interest rate than you were paying before.

What is the concept of debt consolidation?

Consolidating your debts into one loan can save you time and effort. It also helps you get rid of high interest rates and fees. If you take the right steps before applying for a debt consolidation loan, you can avoid ending up with an expensive loan.

Therefore, here are some tips on the best way to use the debt consolidation loan:

Understand your finances
Before applying for a debt consolidation loan or any other type of loan, understand your sources of money. Check if you will qualify for a loan based on your current financial situation.

Know the loan options available
There are many types of loans available today. Some people prefer to use credit cards while others prefer to use cash advances. Many people like to combine the two types of loans in order to better manage their finances.

Consider all options before applying for a loan
You don’t necessarily need to go through all the lenders in your area first. Instead, you can check various websites online for free information on different types of loans.

Choose an interest rate that suits your budget
You can find different types of interest rates when looking for a loan. However, there are two main categories of interest rates: the fixed rate and the variable rate. Fixed rate loans generally have higher monthly payments, but lower overall costs. Variable rate loans generally have lower monthly payments, but higher overall costs.

Look at different payment plans
When choosing a payment plan, you need to consider your budget. Most people who borrow money do so because they want to pay less in the long run. Therefore, you need to think about how much you can afford to pay each month.

Check your ability to repay your loan
If you decide to apply for a debt consolidation loan, make sure you can afford to repay the full amount. Otherwise, you could end up paying thousands of extra dollars every year.

Be aware of loan fees and costs
Some banks charge additional fees when you take out a new loan. These fees include things like application fees and set-up fees. You should research these fees before taking out a loan.

Shop for the best deal
Once you have decided on the type of loan that is best for you, you need to search for the best deal. You can compare interest rates by visiting different websites.

Get pre-approved if possible
Getting pre-approved for a loan is one way to ensure you get the lowest interest rate possible. This means you can start saving money immediately after receiving approval.

Borrow what you need
It is very easy to fall into the trap of taking on too much debt. When you do this, you might be tempted to spend more than you earn. Once you’ve taken out a loan, you might feel compelled to spend even more money.

Debt consolidation loans are a great option for those with high levels of debt. They allow you to consolidate multiple debts into one low-interest loan. By paying off your existing debt, you can save money and avoid future problems.

Buy a bike, g… | The motorcycle brand launches with NFTs

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If you’ve been keeping an eye on the news online over the past few months, you’ll have seen a lot of talk about the ‘metaverse’, NFTs and the shift to digital spaces. A British motorcycle startup is hoping to jump on the trend – Neo, with the One motorcycle.

It’s a very Matrix name for this electric motorcycle, and with wildly optimistic numbers floating around the website – a top speed of 120 mph, 120 lb-ft of torque, a quick 30-minute charge time and a 200 mile range – there’s something a little more interesting (for some) going on.

The world of NFTs. If you’re not sure what an NFT is, don’t worry because you’re in the majority. To give a quick overview, an NFT is a ‘non-fungible token’, a form of data stored on a digital ledger certifying that a digital asset is unique and can therefore be owned by ‘the original’.

Kind of like how there’s only one Mona Lisa, but tons of photos and prints. There is an owner of the Mona Lisa, but everyone can always “access it”. Confuses? Yeah. The NFT market is thought to be worth around $40 billion, so there’s a lot of money here.

And that’s what Neo is trying to exploit. Promising a digital collectible (which they’ll print for you, if you wish) alongside the physical 1 in 250, Neo is also looking to create a Discord community and various “levels” to “join the movement.”

To the untrained eye, it looks like a bubble waiting to burst, and lots of glitz and glamor to re-hash an existing concept – homeowners clubs do exist, and once upon a time you’d get things for being part of them . Maybe access to a Facebook group, access to events (outings and meetings), maybe even a badge.

This is what is often mentioned as the purpose of NFTs, namely that they can serve as a “membership token” to gain access to exclusive clubs and groups. A way to give value to something that might otherwise be worth as much as the Pokémon cards of my childhood in the back of the drawer.

Neo motorcycle brand hopes to enter the NFT market

On their dedicated NFT page, Neo has created a ‘Race Director – Holographic 1 of 1’ level, a ‘Crew Chief – Rainbow 1 of 5’ level, and on… you have to admire the idea, and it might just be something more established manufacturers are considering in the future.

After all, it’s a way to pique the interest of a modern crowd, it doesn’t cost Neo much to create all of this, and if all goes well, they could make an NFT worth millions. That’s right, some NFT coins sell for over $5 million, the highest recorded NFT coin was sold for $91.8 million (a coin called “The Merge”).

Maybe we should do a Visordown NFT, Discord chat and investment opportunities…jokingly. Half fun.

Watch: BMW CE 04 Test Drive

Harley-Davidson Livewire will be the first American electric motorcycle brand to go public

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ABIC will merge with LiveWire (the e-bike division of Harley-Davidson) to build a new publicly traded company. This common stock will be listed on the New York Stock Exchange under “LVW”. This new coalition will make Harley-Davidson’s LiveWire the first publicly traded electric motorcycle company in the United States.

Harley-Davidson expects the net profit from the transaction to be $545 million. The brand will use these reserves to accelerate the future of its first model, generate new products and improve global production and distribution. This IPO is accompanied by an increase in wealth in the form of a PIPE (Private Investment in Public Equity), the Taiwanese manufacturer of two-wheelers Kymco, already a partner of LiveWire, implanting 100 million dollars. The transaction will be funded by ABIC’s $400 million held in trust and a $100 million investment from Harley-Davidson.

Related: A Brief History of the Harley-Davidson Livewire

What does this mean for the future of Harley-Davidson Livewire?


harley-livewire-ev-evolution
Via: Harley-Davidson

Harley-Davidson will be the majority shareholder (74%) of the company following the closing of the transaction. ABIC shareholders will own 17%, while ABIC and Kymco founders will own 4% of LiveWire. Jochen Zeitz (Chairman, President and CEO of Harley-Davidson) will be the director of LiveWire and will serve as CEO for the first two years following the closing of the transaction. Harley-Davidson expects the joining forces to have an industry value of approximately $1.77 billion when it goes public.


KYMCO
Via: Harley-Davidson

Jochen Zeitz, President, President and CEO of Harley-Davidson, said: “Today’s announcement is a historic milestone, with LiveWire poised to become the first publicly traded electric motorcycle company in the United States. Building on Harley-Davidson’s 118-year lineage, LiveWire’s mission is to be the world’s most desirable electric motorcycle brand, leading the electrification of the sport.” He explained, “This transaction will give LiveWire the freedom to fund new product development and accelerate its time-to-market model, LiveWire will be able to operate as an agile, innovative public company while benefiting from the large-scale manufacturing and distribution capabilities of its strategic partners. , Harley-Davidson and Kymco.



Harley-Davidson Livewire Future Models
Via: Harley-Davidson

For reference, in February 2021, Harley-Davidson unveiled its goals to build an electric motorcycle business as part of its five-year “Hardwire” approach. The brand’s first model is the LiveWire One, a relaunched version of the popular LiveWire e-bike at a much lower price. In May, the LiveWire model name was changed to a proper brand name. The US launch of the new LiveWire One initially took place in California, New York and Texas. Beyond the United States, the LiveWire One will be available from 2022.

Related: Harley-Davidson Livewire Vs Tesla Model S Plaid Race Is Far From Shocking


Expand LiveWire Wallet


    Harley-Davidson Livewire Future Models
Via: Harley-Davidson

The LiveWire One is now in production. The next product plan will be the launch of LiveWire S2 Del Mar, named after the California town of the same name. This bike, smaller and lighter than the original LiveWire One model, will be a mid-weight offering. It is obviously based on the Arrow platform. The S2 range will be accompanied, logically, by the S3 range. LiveWire envisions these models to be scaled-down versions of the Arrow architecture with smaller batteries and motors, so they can fit into the “lightweight market.”


livewire-arrow-architecture
Via: Harley-Davidson

ARROW, a modular and scalable EV system integrating a motor and battery with an on-board charger, is the basis of the future product line. Zeitz said Harley designed the EV systems to meet the needs of the motorcycle market. He also said that spatial constraints and the impact of battery weight on handling were therefore of major importance.


Jochen explained that Harley LiveWire can innovate faster by controlling the IP of motor, battery and power electronics. This allows them to avoid the limitations imposed by third-party options. They can quickly expand vertically and horizontally with the ease of an EV-powered powertrain and the benefits of a modular, scalable architecture. Harley-Davidson can bring new models to market faster with less R&D.


Harley-Davidson Arrow Architecture
Via: Harley-Davidson

LifeWire’s latest statement on IPO plans says it will focus on applications for urban electric motorcycles. It will first establish a brand presence in North America and Europe, and then expand into other markets, including Asia. LiveWire says it will expand its product line while focusing on the rapidly evolving future of electric vehicles. This will ensure that core Harley-Davidson elements are protected by future technology.


SPAC mergers are a popular way for electric two-wheeled vehicle makers to quickly enter the US stock market. Gogoro is taking a similar route with a SPAC, which will take him to NASDAQ.


harley-livewire-market
Via: Harley-Davidson

LiveWire’s claim to be the first publicly traded electric motorcycle company may need a little explanation. Although Gogoro’s electric two-wheelers can travel over 80 km/h (50 mph), they were considered scooters rather than motorcycles. Arcimoto’s publicly traded three-wheeled fun utility vehicles, legal in most US states, are honestly motorcycles. However, Arcimoto does not refer to its vehicles as bicycles, so it will not protect this label. HD’s LiveWire is sure to be the number one electric motorcycle company on Wall Street, compared to the others.


Who needs a Harley?  A man builds an electric motorcycle in his garage
Who needs a Harley? A man builds an electric motorcycle in his garage

Using lots of steel tubing and a ready-made electric bike kit, this guy built his own electric motorcycle.

Read more


About the Author

Suzuki Named Most Reputable Motorcycle Brand of the Year

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Suzuki Named Most Reputable Motorcycle Brand of the Year

The legendary name in the motorcycle world, Suzuki, has been deemed worthy of a new award after its success in the industry. In this context, Suzuki was selected this year as the “Most Reputable Motorcycle Brand of the Year” at the ONE Awards Integrated Marketing Awards organized by Marketing Turkey, and won this award for three consecutive years. Commenting on the matter, Suzuki Motorcycle Brand Manager Emre Acar said: “As Suzuki Turkey, we have reinforced the brand strategy that we have created by taking inspiration from the history of motorcycles. approaching 70 years, with Hayabusa, which we launched. in 2021, and that we have been deemed worthy of the most prestigious award of the year three years in a row by public vote. It is very valuable to him.

Suzuki continues to crown its achievements with awards. Suzuki, one of the world’s leading Japanese automakers, has been deemed worthy of an award in the ONE Awards Integrated Marketing Awards held in cooperation with Marketing Turkey and market research firm Akademetre. The event organized on the basis of research on the measurement of reputation performance and brand value; This year, it took place in almost 70 categories. At the ONE Awards Integrated Marketing Awards, the brands and business partners who increased their reputation the most during the year were determined through face-to-face interviews with 12 people in 1,200 provinces. at Suzuki It was voted “Most Reputable Motorcycle Brand of the Year” by the public jury at the ONE Awards Integrated Marketing Awards.

“Inspired by the history of our Suzuki motorcycle, we create our brand strategy”

Commenting on the matter, Suzuki Motorcycle Brand Manager Emre Acar said, “We shape our entire brand strategy by drawing inspiration from Suzuki’s motorcycle history, which is approaching 70 year. The legendary Hayabusa, returning to the streets in 2021, further boosted Suzuki’s image. By adding Japanese technology to the motorcycle world, Suzuki allows us to establish strong bonds with motorcycle enthusiasts and create a portfolio of very loyal customers. Despite all the negative conditions experienced during the pandemic period, we are happy to reunite Suzuki with motorcycle enthusiasts, especially in the positive increase in the motorcycle market due to the trend towards individual mobility. We would like to thank all my teammates, our valued agencies and Marketing Turkey who contributed to this award. This prize, which was awarded to us three years in a row following the vote of the public, is very precious to us. We will continue to build on our successes and make a difference in the industry.

QuinStreet: AmOne.com Reveals Three Common Debt Consolidation Mistakes Consumers Should Avoid

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Missteps can derail financial goals and set consumers back

Foster City, California – January 25, 2022 – “New year, new me” is resonating on social media and many consumers have made resolutions to get their finances in shape. Debt consolidation can be a vital strategy to help consumers achieve their financial goals, but if they make certain mistakes, they can end up in worse financial shape. To help people avoid this, AmOne.com, a leading personal loan site, publishes its new report Successful Debt Consolidation: Your Complete Guide, describing the most common mistakes and how to avoid them.

“If you’re juggling multiple credit cards or loans, a debt consolidation plan can help you comfortably manage what you owe and strive to pay it back,” says Kristin Marino, personal finance expert at AmOne. “However, there are some mistakes you may not be aware of that can make your debt problems worse.

Three Common Debt Consolidation Mistakes

  1. Believing that the debt has disappeared when it has not disappeared: People can be so relieved to see zero balances on their credit cards and other debts that they forget they still owe their consolidated loan balance – the debt just turns into another type of debt.
  2. Failing to address the underlying issues that created the debt: If someone is prone to overspending, a debt consolidation plan may not be a long-term solution unless behavior changes, so consumers need to focus on sticking to a budget.
  3. Choose the wrong solution for the financial situation: There are several debt consolidation options available and it is important to carefully research which solution offers the best solution, balancing payment term, interest rate and other factors.

AmOne’s guide outlines why people enter into debt consolidation deals and popular products used by consumers – such as debt management plans, personal loans and credit card balance transfers – to manage their debts and achieve their financial goals.

“Whether you want to lower your payments, lock in a fixed interest rate, increase your credit score, or get out of debt faster, debt consolidation can be a useful tool for achieving those goals,” notes Marino. “Making an informed decision about the path you take to get there can be critical to your success.”

Marino is available to discuss the best debt consolidation strategies to get individual finances in order this year, common borrower mistakes, and how consumers can choose the best solution to settle their debts.

About AmOne
AmOne is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a leader in providing performance market technologies and services to the financial services and home services industries. QuinStreet is a pioneer in providing online marketplace solutions to match searchers with brands in digital media. The company is committed to providing consumers with the information and tools they need to research, find and select the products and brands that meet their needs. AmOne is a member of QuinStreet’s specialty research and publishing division.

Since 1999, AmOne helped consumers identify the loan or credit solutions that best meet their needs, using proprietary loan matching technology. The company also provides free credit assistance from financial matching specialists. Since its inception, AmOne’s credit assistance efforts have generated more than $4 billion in loan approvals for consumers and business owners nationwide.

Twitter: @AmOneMoney
Facebook: https://www.facebook.com/AmOneMoney/

Media contact
Amy Eury
Senior Manager, Public Relations
412-532-9352
[email protected]
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Understanding Business Debt Consolidation Loan Options

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What is a debt consolidation loan? Is it really worth considering? What should I pay attention to before signing anything? What are the best debt consolidation loans to choose from? Well, debt consolidation loans are designed to consolidate multiple debts into a single loan. They allow borrowers to pay off their high interest credit cards or other types of loans at lower rates.

A debt consolidation loan is a great option for those who want to get rid of their debt faster. However, they carry certain risks. If you don’t shop around for the best deal, you may end up paying too much.

Benefits of business debt consolidation

Business debt consolidation is a way to combine all of your business debts into one low-interest loan. This means that if you receive several small bills each month, you can use this method to make sure you pay those bills on time.

The benefits of using a business debt consolidation loan include:

Lower monthly payments

By taking out a professional debt consolidation loan, you can pay off your old debts at a lower interest rate.

Get rid of big sales

A business debt consolidation loan allows you to pay off larger debts. This will help you settle your balance faster.

A single monthly payment

Instead of having to make multiple payments each month, you only have to make one payment per month.

Reduces the risk of bankruptcy

If you are struggling to cope with your current financial situation, you may find yourself in bankruptcy. However, with a business debt consolidation plan, you won’t have to worry about going bankrupt because you won’t incur new debt.

More flexibility when making payments

When you have several different creditors, you will need to set aside separate funds to pay them off. However, a business debt consolidation loan only leaves you with one lump sum payment per month.

No late fees

Many people struggle to pay their bills on time due to unexpected expenses. However, when you have a business debt consolidation loan with no late fees, you will have no problem meeting your obligations.

The best business debt consolidation loans

When choosing the right business debt consolidation loan, you need to consider certain factors. First, be sure to compare the interest rates offered by different lenders. You should always try to get the lowest interest rate possible.

Check the repayment terms. The longer the repayment term, the less likely you are to default on your payments. It is important to know how long you will have to repay your loans so that you do not spend too much on unnecessary expenses.

Be sure to choose a loan large enough to meet your needs. Again, go for flexibility. Look for a lender that offers flexible repayment options such as deferred or progressive payments.

When to Look for Business Debt Consolidation Loan Options

You can use a debt consolidation loan for your business on many things. However, there are some situations where this might not be the best solution. For example, avoid using this type of loan if you already have an existing line of credit. If you already have a line of credit, you don’t need another one. You could end up paying higher interest rates than if you had just paid off your debts individually.

If you have too much debt, you probably don’t need another loan. Look for another option like having an asset to clear your debts. Again, you may need to look for alternatives if your income is very low. With a low income, you cannot afford to take out a large loan. Instead, you should be looking for other ways to increase your income.

Avoid a business debt consolidation loan if your business has poor cash flow. If you are not generating enough income to cover the costs of running your business, it may be wise to wait until your financial situation improves.

Final Thoughts

If you’re struggling with an overwhelming amount of debt, you might be interested in applying for business debt consolidation. This will help you manage your finances better and keep your business running smoothly.

Warning: No Deccan Chronicle reporter was involved in the creation of this content. The group also declines all responsibility for this content.

Honda’s Shine Becomes First 125cc Motorcycle Brand To Hit 1 Crore Customers, Auto News, ET Auto

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Honda first launched the Shine in 2006. After 54 months since its launch in 2010, Honda had sold 10 lakh Shine in India.

New Delhi:

Honda Motorcycle and Scooter India Pvt Ltd. today announced that Honda’s Shine has reached the milestone of 1 Crore customers in India.

Honda said the Shine brand holds the top spot with over 50% market share with 29% year-on-year growth (YTD data according to SIAM).

Atsushi Ogata, Managing Director, President and CEO of Honda Motorcycle and Scooter India Pvt Ltd. said, “We are humbled by the tremendous response Shine has received over the years. As India enters 2022 with the incredible Shine, we remain committed to taking on new challenges and delighting our loyal customers with the best products. On behalf of the HMSI family, I would like to thank our customers for the precious trust they place in the Shine brand.

Honda first launched the Shine in 2006. After 54 months since its launch in 2010, Honda had sold 10 lakh Shine in India. In 2014, it achieved 33% market share in the 125cc segment. In 2017, Honda sold 50 lakh units of the Shine. Till 2018, Honda had sold 70 lakh units with almost 50% market share. 90 lakh Shines have been sold by the end of 2020, according to the press release issued by Honda 2Wheeler India.

Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt Ltd., said, “We are honored and grateful for the love and trust received from millions of Shine users. Spanning over a decade and a half, the Shine brand has been a true companion to many generations of motorcyclists, making it one of the most popular motorcycle brands in the Indian household across all regions. It has proudly maintained the true benchmark for reliability and remarkable quality standards in the 125cc segment. We firmly believe that customer loyalty is the result of an incredible product as well as unparalleled after-sales service. With this in mind, we will continue to serve our customers with excellence.

Read also :

The new production capacities must meet global demand from international markets across Europe and APAC regions, among other countries, the company said.

The Indian branch of the Japanese two-wheeler had sold a total of 4,33,207 units, including exports, as of November 2020, the company said.

YK Osiris Joking Receives $65,000 Debt Consolidation Check From Barstool Sports

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Debt free is the way to be! If it looks like YK Osiris has finally found relief to pay off all the debt he owes. The singer owes money to people left and right, from Lil Baby to the recently paid Drake. With all the buzz surrounding his debt from making multiple bets, Barstool sports decided to step in and help Osiris clear his name. In an episode of the YouTube series “Sundae Conversation”, Osiris explained how he got into the debt situation to begin with.

Host Caleb Pressley asked him, “Why do you owe so many people money?” While laughing and showing his perfectly white teeth, the ‘Worth It’ singer replied, “I don’t make smart bets. I just jump in the water and swim. Osiris then asked Caleb: ‘Es you gone to save me?” Caleb came over and handed her a check for $65,000.

As Osiris sat there laughing, Caleb asked if the debt consolidation check was enough to cover his debt? Still laughing, Osiris explained, “I need more than this man. How can I get more? How much do I owe you on interest? Caleb told her they would worry about it later. Although it seemed like a joke, Osiris was in good spirits about the show. The housemates liked the video and the majority of the comments were about the beauty of her teeth.

One commented, “That’s the smile for me.” Another commented: “At least he doesn’t flex like he has the racks. Even if he was buying earrings for $300,000. If you remember last month, Osiris published a $60,000 reward for his missing diamond earring, he lost. Osiris has not revealed whether the earring, which cost $325,000, has yet been found. Roommates, leave a comment and let us know what you think of the clip?!

Want updates straight to your text inbox? Call us at 917-722-8057 or Click here to join!

The post office YK Osiris Joking Receives $65,000 Debt Consolidation Check From Barstool Sports appeared first on The shadow room.

The Yezdi motorcycle brand is relaunched with Adventure, Scrambler and Roadster models; Prices start at Rs. 1.98 Lakh

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The Yezdi Adventure, Scrambler and Roadster will be sold alongside Jawa Motorcycles from the same dealers. Pricing for the range starts at Rs. 1.98 lakh starting with Yezdi Roadster, going all the way up to Rs. 2.19 lakh for the top-end variant of the Yezdi Adventure.



to expand See the pictures

The 2022 Yezdi motorcycle lineup has launched with three new models

Classic Legends, part of the Mahindra Group and parent company of Jawa Motorcycles, has resurrected the Yezdi brand, introducing three new models under the Yezdi name. The Yezdi Adventure, Scrambler and Roadster will be sold alongside Jawa Motorcycles from the same dealers. Prices for the Yezdi range start at ₹1.98 lakh starting with the Yezdi Roadster, going all the way up to ₹2.19 lakh for the top-end variant of the Yezdi Adventure. All three bikes are built on a twin-cradle frame and the 334cc engine, but have been individually modified on each bike to suit the purpose-built character of each model. The Yezdi brand has been positioned as a younger alternative to Jawa motorcycles and also offers more power, more features and striking designs.

Yezdi Motorcycle Prices (Ex-showroom)
Yezdi Roadster Dark – Smoke Gray ₹1 98 142
Yezdi Roadster Dark – Steel Blue 2 02 142 ₹
Yezdi Roadster Dark – Hunter Green 2 02 142 ₹
Yezdi Roadster Chrome – Gallant Gray 2 06 142 ₹
Yezdi Roadster Chrome – Sin Silver 2 06 142 ₹
Yezdi Scrambler Fire Orange 2 04 900 ₹
Yezdi Scrambler Howling Yellow 2 06 900 ₹
Yezdi Scrambler Outlaw Olive 2 06 900 ₹
Yezdi Scrambler Rebel Red, Mean Green, Midnight Blue 2 ₹10,900
Yezdi Adventure Slick Silver 2 09 900 ₹
Yezdi Adventure Mambo Black 2 ₹11,900
Yezdi Adventure Ranger Camo 2 ₹18,900

Read also : Highlights of Yezdi Motorcycles India Launch

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The Adventure has the longest wheelbase, gets the most suspension travel and the highest ground clearance.

Read also : Everything you need to know about the 2022 Yezdi motorcycle lineup

The Yezdi Adventure is positioned as an entry-level adventure motorcycle and adopts a high stance with a round headlight, simple panels and a stepped seat. The Adventure features a short windshield, tall and wide handlebars, and additional frame mounts on the fuel tank and tail section for carrying extra luggage or fuel canisters. Additionally, the bike comes with long-travel telescopic forks in the front with 200mm of travel and a preload-adjustable monoshock in the rear with 180mm of travel. The bike gets a one-sided exhaust while the ground clearance is 220mm. It is the only Yezdi model with mono-shock rear suspension and single-sided exhaust.

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The Yezdi Adventure is the only model with a tilting LCD instrument console, as well as Bluetooth connectivity and turn-by-turn navigation via a dedicated mobile app.

The Yezdi Adventure also comes with an adjustable tilt digital instrument console that incorporates a trip meter, empty distance indicator, range, time, ABS mode and speedometer. The device also comes with Bluetooth connectivity and offers turn-by-turn navigation through the Yezdi app. The app also brings features like call and message alerts, vehicle analytics and owner profile.

Read also : Next Yezdi Motorcycle Officially Teased In New Video

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The Yezdi Adventure rolls on a 21-inch front wheel and 17-inch rear wheel combination of wire-spoke wheels with long-travel suspension and 220mm of ground clearance.

Yezdi Adventure Specifications
Type of engine Single cylinder, 4-stroke, liquid-cooled DOHC
Shift 334 cc
maximum energy 29.8 hp at 8000 rpm
Maximum torque 29.9 Nm at 6,750 rpm
Front tire 90/90-21″
rear tire 130/80-17″
Front suspension Telescopic fork and coil spring
Rear suspension Monoshock with coil spring and linkage mechanism
Front brakes 320 mm disc with floating caliper, ABS
Rear brakes 240 mm disc with floating caliper, ABS
Wheelbase 1465 millimeters
Ground clearance 220 millimeters
seat height 815 millimeters
Weight 188 kilograms
Fuel tank capacity 15.5 liters

The Adventure rolls on a combination of 21-inch front and 17-inch rear wire-spoke wheels with dual-purpose tires, while the fuel tank capacity is 15.5 litres. Power for the bike comes from the liquid-cooled 334cc single-cylinder engine tuned for 29.8PS at 8,000rpm and 29.9Nm of peak torque at 6,500rpm. The engine is mated to a 6-speed gearbox. The Adventure’s engine has been tuned for more power higher in the revs, while peak torque is also higher but arrives lower in the rev range for better handling. The bike comes with three ABS modes – road, off-road and rain.

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The Yezdi Scrambler has a clean, minimalist design with a cut tail section.

Then the Yezdi Scrambler promises a fun deal and will be one of the accessible scramblers on sale in the country. The bike retains the classic look with the round headlight, teardrop fuel tank and dual chrome exhaust, but gets a minimalist, stripped-down look. The Scrambler comes with knee pads, a ribbed seat and a chopped rear section and a different rear subframe. It rolls on a combination of 19-inch front and 17-inch rear wire-spoke wheels and uses a 12.5-litre fuel tank. The telescopic front forks have 150mm of travel, while the twin gas shocks have 130mm of travel.

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The Scrambler is the lightest and has the shortest wheelbase, gets more suspension travel and ground clearance than the Roadster, but less than the Adventure.

Yezdi Jammer Specifications
Type of engine Single cylinder, 4-stroke, liquid-cooled DOHC
Shift 334 cc
maximum energy 27 hp at 8000 rpm
Maximum torque 28.2 Nm at 6,750 rpm
Front tire 100/90-19″
rear tire 140/80-17″
Front suspension Telescopic fork and coil spring
Rear suspension Twin shocks with gas cartridge
Front brakes 320 mm disc with floating caliper, ABS
Rear brakes 240 mm disc with floating caliper, ABS
Wheelbase 1403 millimeters
Ground clearance 200 millimeters
seat height 800 millimeters
Weight 182 kilograms
Fuel tank capacity 12.5 liters

On the Scrambler, the liquid-cooled 334cc single-cylinder DOHC engine has been tuned to produce 28.7hp at 8,000rpm and 28.2Nm of peak torque at 6,750rpm. The Scrambler has an empty weight of 182 kg and a ground clearance of 200 mm. The motorcycle features an offset round LCD display as well as LED headlight and taillight, clear lens LED indicators as well as handlebar-mounted USB and Type-C charging points, too. offered on the Adventure. Yezdi Scrambler prices start at ₹2.05 lakh, going up to 2.11 lakh (all prices, ex-showroom Delhi).

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The Yezdi Roadster is the most affordable model in the Yezdi motorcycle lineup, and also the closest to the original Yezdi stance and silhouette in terms of design.

Yezdi Roadster Specifications
Type of engine Single cylinder, 4-stroke, liquid-cooled DOHC
Shift 334 cc
maximum energy 29.3 hp at 7,300 rpm
Maximum torque 29 Nm at 6,500 rpm
Front tire 100/90-18″ tubeless
rear tire 130/80-17″ Tubeless
Front suspension Telescopic fork and coil spring
Rear suspension Twin shocks with gas cartridge
Front brakes 320 mm disc with floating caliper, ABS
Rear brakes 240 mm disc with floating caliper, ABS
Wheelbase 1440 millimeters
Ground clearance 175 millimeters
seat height 790 millimeters
Weight 184 kilograms
Fuel tank capacity 12.5 liters

The Yezdi Roadster is the most affordable model in the Yezdi motorcycle line, and is also the closest in design to the original Yezdi motorcycles of the 1970s. The Scrambler and Roadster share the same single-module instrument console . The Roadster is designed for everyday use, for commuting and short trips, and the engine has been tuned to produce 29.3hp at 7300rpm and 29Nm at 6500rpm. The Roadster has a curb weight of 184kg and also comes with the most color options, including blacked out “Dark” color combinations. Prices range from ₹1.98 lakh (Ex-showroom) to ₹2.06 lakh (Ex-showroom). Reservations and deliveries are currently available at all Jawa-Yezdi dealerships across India.

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New Era debt solutions: 2022 review

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Founded in 1999 and based in Camarillo, California, New Era Debt Solutions is a debt settlement company. He is a member of the American Fair Credit Council (AFCC) and the Independent Association of Professional Debt Arbitrators (IAPDA).

Since its inception, New Era Debt Solutions has settled over $250 million in debt. Its team is made up of debt relief specialists, financial experts, lawyers and support staff. New Era Debt Solutions prides itself on its excellent customer service and positive reputation in the debt settlement industry.

Overview of New Era Debt Solutions

Type of debt relief

Debt settlement

Costs

Not disclosed

Minimum debt settled

Not disclosed

Eligibility criteria

Must live in a state other than Delaware, Illinois, Iowa, Maine, North Carolina, Oregon, and South Dakota

Customer Reviews

A+

Impact on credit score

Can hurt your credit score

New Era Debt Solutions is Best with No Upfront and Spanish Speaking

New Era Debt Solutions has no upfront fees, making it a good choice for people who are willing to pay fees over time but may not be ready to pay fees immediately. However, people should understand the fees throughout the process before using a debt relief company.

New Era Debt Solutions does a great job of accommodating Spanish speakers. If you’re drowning in unsecured debt and you speak Spanish, his debt settlement program may be a smart choice. You can view New Era Debt Solutions entirely in Spanish. Plus, once you schedule your free consultation and progress through the program, you can also work with a Spanish-speaking debt specialist.

How New Era Debt Solutions Works

To start the process, you will need to complete an online contact form and schedule a free consultation. The form will ask you to share your name, phone number, state, email address, and the amount of unsecured debt you owe. From there, a debt specialist will contact you, explain the program and answer any questions you have.

Once the specialist learns more about your situation, they can help you figure out how much you can save and how long the debt settlement process would take. If you decide to continue with the program, you will make a deposit into a savings account each month.

In 6 to 12 months, when funds start to accumulate, debt specialists will negotiate settlements with your creditors. Once you have settled and repaid all of your accounts, you will complete the program.

What types of debt New Era Debt Solutions settles

New Era Debt Solutions settles unsecured debt or debt that is not secured by collateral. This may include:

  • Credit card
  • Department store cards
  • Loans signed
  • Personal lines of credit
  • Old seizures
  • Other unsecured debts
  • Old judgments
  • Defaulted Private Student Loans

Requirements and Eligibility

Since New Era Debt Solutions is not available everywhere, you can only take advantage of its services if you live in a state other than Delaware, Illinois, Iowa, Maine, North Carolina, Oregon and South Dakota. Minimum debt requirements are unclear.

Costs

New Era Debt Solutions is not transparent about its fees. While it’s clear there’s no upfront fee and uses a “performance-based” fee model, the company doesn’t reveal a free range like many of its competitors do.

Advantages and disadvantages of New Era debt solutions

Advantages

  • Free Debt Analysis: New Era Debt Solutions offers a free consultation. You can find out more about his services and find out if you are a good candidate.
  • Services and resources available in Spanish: If you prefer Spanish to English, you can view the website in Spanish. You can also complete the program with a Spanish-speaking debt relief consultant.
  • Most clients are debt free in two to three years: Although the duration of your program depends on several factors, most New Era customers become debt free in three years or less. The average duration of the program is 27.73 months.
  • The inconvenients

    • Unclear Minimum Debt Requirements and Charges: Even though New Era Debt Solutions states that they do not charge monthly or upfront fees, the fee range is not transparent. It also fails to disclose minimum debt requirements.
    • No weekend support for existing customers: New Era Debt Solutions does not serve its clients on weekends. This can be a problem if you are particularly busy during the week.
    • Not available in all states: Although New Era has a widespread presence in the United States, it is not everywhere. Its services are not an option if you live in Delaware, Illinois, Iowa, Maine, North Carolina, Oregon, and South Dakota.

    Customer Reviews New Era Debt Solutions

    New Era Debt Solutions has earned an A+ rating on the Better Business Bureau (BBB) ​​as well as positive reviews on sites like TrustPilot. In April 2021, however, Oregon filed a lawsuit against New Era Debt Solutions for its debt relief practices.

    According to the filing, New Era Debt Solutions failed to register with the state, violating Oregon state law. Because the company helped its clients complete applications with the CFLN rather than directly providing debt relief services, it had to cease and desist from its operations in Oregon.

    New Era Debt Solutions also had to pay a $50,000 penalty. $40,000 of it has been suspended, as long as the company does not violate Oregon law within the next three years and pays Oregon customers $22,265.21 in fees within 18 months. . Currently, the company states that it does not service Oregon.

    Debt settlement risks

    Although debt settlement can help you get out of debt, it is not for everyone as it comes with certain risks. Depending on the program, you can pay between 15% and 25% of the debt that is resolved. Your credit score can also suffer and prevent you from getting approved for low rates and favorable terms. Additionally, the process may take longer than you think and you may also have to pay taxes on the canceled debt.

    Alternatives to New Era Debt Solutions

    If you decide that New Era Debt Solutions isn’t right for you, consider these alternative options.

    • DIY Debt Relief: You can tackle your debt on your own with a strategy like a snowball or debt avalanche. Or you can try to negotiate with your creditors yourself.
    • Balance transfers: If you have credit card debt, a balance transfer may be a good choice. You can transfer debt from one credit card to another. You can enjoy a 0% introductory APR, which means you won’t pay interest if you pay off your debt by the end of the introductory period.
    • credit advice: Some non-profit organizations offer free or low-cost credit counseling services. Although they don’t usually negotiate debts, you can work with a credit counselor to design a budget or payment plan.
    • Debt Consolidation: With debt consolidation, you consolidate all your debts into a single debt. This can leave you with a manageable monthly payment and streamline the process.

    Key points to remember

    New Era Debt Solutions has been in the debt settlement business since 1999. Although the company does not disclose a range of fees or minimum debt requirements, it offers a free consultation that can give you more information . With New Era Debt Solutions, you can get out of debt in three years or less, depending on your situation.

    How Bankrate rates New Era Debt Solutions

    Discount rate score

    4.3

    Services

    Services were rated based on eligibility for minimum debt, eligible debt types, and whether or not the company offers free credit counseling.

    Affordability

    Affordability was assessed based on associated fees and whether or not the company specifies money-back guarantee terms.

    Client experience

    Customer experience was evaluated based on website usability and functionality, as well as application availability. Customer satisfaction and company reputation were assessed based on Better Business Bureau accreditation and ratings, as well as TrustPilot ratings.

    Stability

    Stability was assessed according to the duration of the activity of the company and the maintenance or not of its membership in a professional association.

    A new motorcycle brand arrives in Malaysia

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    KUALA LUMPUR: Yes, you read that right. The new year 2022 is full of surprises, especially for the automotive and motorcycle industry. With many launches planned for the different segments of two and four wheels, we are now witnessing the arrival of a brand new brand of motorcycles. Are you excited, well we’re sure!

    KEY POINTS TO REMEMBER

  • Which Moto Morini motorcycle will arrive in Malaysia first?

    Moto Morini will first present its mid-range adventure tourer, the X-Cape 650 in Malaysia.

  • MForce Bike Holdings Sdn Bhd, the local distributor of several key motorcycle brands, such as SYM, Benelli, Keeway, and Brixton, has just announced the arrival of a new brand under its wing. Moto Morini, an almost 80-year-old Italian motorcycle brand, has appointed MForce as the exclusive distributor for Malaysia. And remember, this is not a cheap and easy to get motorcycle company, its Italian heritage must have shown that a bit.

    Over the years, that is to say since 1937, Moto Morini has developed motorcycles and its expertise in this area is beyond doubt. The best part is that over the years this legendary motorcycle brand has evolved according to the demands and tastes of the market. Thus ensuring that the end products are nothing less than flair and power.

    Which Moto Morini motorcycles will grace the Malaysian market?

    Well, we’re not sure as MForce Bike Holdings hasn’t shared any details in this regard. However, we do know that the Moto Morini lineup is quite impressive with models like Super Scrambler, Milano Corsaro ZZ and Corsaro ZT. No matter which model enters the market, all are capable of making an impact on the large local bicycle segment.

    Features of the Moto Morini X-Cape 650

    MForce has released its official PR which gives us a little clue on what to expect. It reads: “Motorcycle enthusiasts will be able to view and own the X-Cape 650 motorcycle in the second quarter of this year at authorized MForce dealerships nationwide. Does that mean a mid-range adventurer is on the way?

    Here is some information on the next Moto Morini X-Cape 650?

    Engine: The X-Cape 650 is powered by a 650cc L-twin engine developing maximum power of 60hp at 8,250rpm with maximum torque of 56Nm at 7,000rpm

    Specifications Moto Morini X-Cape 650

    Features: 18 liter fuel tank, 19 inch front and 17 inch rear wheels, switchable ABS, Brembo brakes, etc.

    More information is expected to be revealed in the coming months. Stay tuned with Zigwheels Malaysia to find out all about it.

    Also Read: Brixton Motorcycles Crossfire 500 XC Coming Soon

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    What is debt consolidation and is it a good idea?

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    CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission from the LendingTree Affiliate Network if you apply and are approved for a product, but our reporting is always independent and objective.

    According to Experian’s 2021 Credit Status ReportUS consumers with credit card debt have an average balance of $5,525, while the average credit card interest rate currently sits at well over 16%.

    For people who fall into arrears, high debt and a high annual percentage rate (APR) can combine in the worst possible way, often creating a cycle of high-interest debt repayments that consumers cannot afford. escape. And even for those who can meet their monthly payments, too much credit card debt can prevent them from achieving other financial goals, such as saving for the future.

    Either way, debt consolidation offers a way out of credit card debt that is far less serious than bankruptcy. You just need to be ready to create a plan and stick to it until you are debt free. If you want to get rid of your debt for good, read on to find out how debt consolidation can help you.

    If you’ve tried budgeting to get out of debt or make more money, but nothing seems to be working, debt consolidation might be the solution you’ve been looking for. With debt consolidation, you will essentially be swapping the loans and credit card balances you have for a new loan product with better rates and terms, thus lowering your monthly payments or making it easier to use more of your money to reduce the principal on the debt, or both.

    Essentially, with debt consolidation, you take out a new loan and use the proceeds from that new loan to pay off all your old debts, then make monthly payments on just the new loan. Generally speaking, there are three financial products that consumers use for debt consolidation:

    • Debt consolidation loansalso called personal loans, allow you to refinance your debts into a new loan with a fixed rate and a fixed repayment term.
    • Credit cards with balance transfer lets you consolidate your debt on a new credit card that offers 0% annual interest for a limited time.
    • Home Equity Loans can help you consolidate your debt into a new loan product secured by the value of your home.

    Whatever product you decide to use, remember that debt consolidation only really works if you stop taking on more debt. If you’re consolidating your debt with a personal loan or a balance transfer credit card and you keep charging more purchases on other lines of credit, debt consolidation is probably a waste of time.

    Click here to compare multiple personal loan offers on LendingTree, an online lending marketplace.

    Debt consolidation may or may not be a good idea. It all depends on how serious you take the process and how disciplined you are in carrying it out.

    As an example, let’s say you currently have credit card debt of $5,525 at an APR of 19%. In this scenario, you could be paying $100 a month for this debt for 133 months, or more than 11 years, before it is paid off. During this period, you will pay more than $7,701 in interest.

    But what if you consolidate that $5,525 debt into one personal loan? Although personal loans vary, most allow you to borrow money for two to seven years. Personal loans also come with fixed interest rates, fixed repayment terms and fixed monthly payments.

    In this example, you may qualify for a 60 month personal loan with an interest rate of 7%. In this case, you would pay off your balance with a monthly payment of $109 for five years (60 months). During this period, you will pay approximately $1,039 in interest payments. That’s a huge savings of over $6,000.

    Save money with a personal loan offer at LendingTree.

    You can also consolidate your debts with a credit card. However, it is important to note that while balance transfer credit cards offer an initial APR of 0% on transferred balances, the longest possible term currently offered is 21 months. After that, your interest rate will revert to the regular APR, which will still be high.

    For this reason, a credit card balance transfer is only a good idea when you have an amount of debt that you can pay off during the card’s introductory period. If you need more time to get your debt under control than a balance transfer allows, you should consider a personal loan instead.

    Finally, you can also consolidate your debts with a home equity loan that uses your home as collateral. In many cases, this can be a good idea, as home equity loans can come with low fixed rates as well as a fixed monthly payment and a fixed repayment term. Remember that you need good credit to get a home equity loan, and you can lose your home if you default.

    But, in any of these cases, if after consolidating your debt, you overspend and rack up an additional $5,000 in debt on the same credit card you used before and can only afford to pay $100 in monthly payments on this debt, you end up paying an additional $4,985 in interest. Add that interest to the extra $5,000 in debt and you’ll be worse off than you started out. That’s why it’s so important to stay disciplined and not keep spending more than you have when pursuing debt consolidation.

    Check your personal loan interest rates at LendingTree.

    There are other debt consolidation options you can consider, some of which offer help from third-party companies. For example, you might consider signing up for a debt management plan (DMP), which takes place when a credit repair agency helps you negotiate interest rates and pay off your debts over a period of determined time.

    Just note that DMPs aren’t for everyone, and credit repair agencies that offer DMPs can’t do anything you can’t do yourself. Also, a number of credit repair agencies have gotten a bad reputation, so be sure to do plenty of research before going this route.

    Another alternative is debt settlement, which is a process that helps you settle your debts for less than you owe. However, it is crucial to know that debt settlement companies ask you to stop making payments on your debts while they are working on your behalf. Unsurprisingly, this can cause massive damage to your credit score that can last for years.

    See if you qualify for a personal loan at LendingTree even if you have bad credit.

    Debt management becomes considerably easier when you have a reasonable interest rate and a monthly payment that matches your income. Essentially, that’s what debt consolidation does – it helps you transfer debts with high interest rates to a new financial product with better terms.

    Debt consolidation also has the advantage of allowing you to reduce the monthly payments you make. If you’re currently trying to cope with five or six credit card bills, debt consolidation with a personal loan company or peer-to-peer lender can help you get down to one payment a month.

    With that in mind, several factors can determine whether debt consolidation is right for you. These include:

    • Your creditworthiness: You will need good credit or better to qualify for a personal loan with the best rates and terms. If your credit is poor, you may not qualify for a new loan with better rates than you currently have.
    • Your desire to repay debt: Debt management takes time and effort, and full debt repayment can take years. If you’re not serious about debt consolidation, a debt consolidation loan may not make you better off.
    • Your ability to avoid further debt: To be successful in your debt consolidation, you must stop taking on more debt. While you are repaying your debt consolidation loan, you should only use cash or debit. At the very least, you should use credit sparingly.

    So, should you consolidate your debts? If you pay off credit cards with high APRs, debt consolidation may be just what you need. Remember that you will only pay off your debts if you make a plan and, most importantly, stick to it. If you take out a personal loan and continue to rack up debt on your credit cards, you could end up worse off in the long run.

    Find personal loan offers from multiple lenders now on LendingTree.

    Get all the latest personal finance deals, news and advice from CNN Underscored Money.

    How to use a personal loan to pay off your debt faster

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    The Select editorial team works independently to review financial products and write articles that our readers will find useful. We may receive a commission when you click on product links from our affiliate partners.

    Paying off debt can be both expensive and exhausting, especially when you have multiple debts to accumulate each month. And with the added stress of interest rates that are higher than you’d like, you can feel like you’re going never be debt free.

    There are many popular debt repayment strategies, such as the snowball method or the avalanche method. But another common tactic to get off debt a little faster is debt consolidation – and using a personal loan to do so makes the process as painless as possible.

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    Our best picks delivered to your inbox. Buy recommendations that help you improve your life, delivered weekly. register here.

    What is debt consolidation?

    How Does Debt Consolidation Work?

    One way to consolidate multiple debts is to use a personal loan. When you apply for a personal loan, you are asking for a lump sum which is usually deposited into your bank account so that you can use it as needed.

    However, when you use a personal loan for debt consolidation, the lender can make a direct payment to the lenders who hold your other debts. Then you will only be responsible for repaying the new personal loan at a fixed monthly payment and at a new interest rate.

    Often times, this interest rate is lower than the rates you paid on your other debts. A lower interest rate means you’ll spend less money on payments over the life of the loan. And, you can actually pay off the loan faster because it can give you more room to put some extra cash on the principal.

    Of course, the interest rate you receive will depend on your creditworthiness. In other words, a higher credit score can lower your interest rate, and a bad credit score can leave you with an interest rate in the upper end of a lender’s range.

    And since you’re essentially “replacing” your multiple debts with a new loan when you consolidate, you’ll only have to worry about one monthly payment, instead of just slowly reducing various debts. If the personal loan you used to consolidate debt does not come with a prepayment penalty (i.e. prepayment charge), you might consider taking the same amount of money. that you would have paid for all your debts and throw everything into the personal account. loan repayment. This can help you pay off the loan even faster (and save even more on interest charges).

    Again, however, the key here is to look for personal lenders who don’t charge a prepayment penalty. These are additional fees charged by some lenders if you prepay your loan. The actual cost of a prepayment penalty will vary depending on how it is billed. It can be charged as a percentage of your loan balance, as a fixed fee, or as an amount of interest that a lender would not lose since you prepaid the loan. Therefore, a prepayment penalty could cost you a lot of time.

    Debt Consolidation Loans Without Prepayment Penalty

    SoFi personal loans, which is on our list of the best personal loans for consolidating debt, allows you to consolidate different types of debt, including student loan debt. Along with no prepayment penalty, this lender also doesn’t charge late fees or set-up fees, making it a bit more affordable to use compared to lenders who charge these fees. Keep in mind, however, that you will generally need a good or excellent credit score to qualify.

    SoFi personal loans

    • Annual percentage rate (APR)

      5.99% to 18.85% when you sign up for automatic payment

    • Purpose of the loan

      Debt consolidation / refinancing, home renovation, moving assistance or medical expenses

    • Loan amounts

    • terms

    • Credit needed

    • Original fees

    • Prepayment penalty

    • Late charge

    Advantages

    • No origination fees, no prepayment fees, no late fees
    • Unemployment protection if you lose your job
    • DACA grantees can apply with a creditworthy co-borrower who is a U.S. citizen / permanent resident by calling 877-936-2269
    • Can have more than one SoFi loan at a time (state permitted)
    • Can accept a job offer (to start within the next 90 days) as proof of income
    • Co-applicants can apply

    The inconvenients

    • Applicants who hold a US visa must have more than two years remaining on the visa to be eligible
    • No authorized co-signer (co-applicants only)

    If your credit score is closer to the average, you can still qualify for a Beginner personal loan. Upstart typically requires a FICO score of 600, but the lender always accepts applicants with poor credit history. It can be used for debt consolidation and there is no prepayment charge, however, there is an origination fee – it will cost you from 0% to 8% of the loan amount. There is also a late fee, which would be either 5% of the amount owed or $ 15, whichever is greater.

    Pushy personal loans

    • Annual percentage rate (APR)

    • Purpose of the loan

      Debt consolidation, credit card refinancing, home improvement, marriage, moving or medical

    • Loan amounts

    • terms

    • Credit needed

      FICO or Vantage score of 600 (but will accept applicants with such poor credit history that they do not have a credit score)

    • Original fees

      0% to 8% of the target amount

    • Prepayment penalty

    • Late charge

      The greater of 5% of the monthly overdue amount or $ 15

    Advantages

    • Open to borrowers with fair credit (minimum score 600)
    • Will accept applicants who have an insufficient credit history and do not have a credit score
    • No prepayment charge
    • 99% of personal loan funds are sent the next business day after completing the required paperwork before 5 p.m. Monday to Friday

    The inconvenients

    • High late fees
    • Origination fees from 0% to 8% of the target amount (automatically deducted from the loan before it is delivered to you)
    • $ 10 fee to request hard copies of the loan agreement (no fee for electronically signed virtual copies)
    • Must have a social security number

    And like SoFi, Marcus Personal Loans by Goldman Sachs does not charge late fees, origination fees, or prepayment fees. This lender will send payments directly to up to 10 creditors so you don’t have to worry about doing the heavy lifting.

    Marcus Personal Loans by Goldman Sachs

    • Annual percentage rate (APR)

      APR from 6.99% to 19.99% when you sign up for automatic payment

    • Purpose of the loan

      Debt Consolidation, Home Renovation, Marriage, Moving & Relocation or Vacation

    • Loan amounts

    • terms

    • Credit needed

    • Original fees

    • Prepayment penalty

    • Late charge

    Advantages

    • No origination fees, no prepayment fees, no late fees
    • Will send direct payment to up to 10 creditors (for debt consolidation)
    • VantageScore monthly updates
    • Earn a month of paid time off (interest free) after making 12 consecutive payments on time
    • Ability to choose your due date when you accept the loan (and up to two more times thereafter)

    The inconvenients

    • Does not accept joint applications and / or co-signers
    • Not the fastest financing (may take a week or 10 business days)
    • Slightly stricter approval requirements (especially for larger loans / lower interest rates)

    At the end of the line

    Debt consolidation can be a practical strategy to pay off multiple debts as quickly (and as affordably) as possible. This can be especially true if the personal loan you use to consolidate your debt doesn’t charge you a penalty for prepaying the balance. But more importantly, you should always make sure that the personal loans match your personal needs before signing up.

    Catch up on Select’s in-depth coverage of personal finances, technology and tools, The well-being and more, and follow us on Facebook, Instagram and Twitter to stay up to date.

    Editorial note: Any opinions, analysis, criticism or recommendations expressed in this article are the sole responsibility of the editorial staff of Select and have not been reviewed, endorsed or otherwise approved by any third party.

    How to get a debt consolidation loan in 5 steps

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    Debt consolidation is a strategy used to simplify your debt situation by combining several debts into a single loan.

    It is possible to get a debt consolidation loan with bad credit, but you need to follow certain steps to be successful. To get the best help when you apply for a debt consolidation loan, you have to do your research well. Do your due diligence with lenders and be honest about your financial situation.

    Start by finding the best debt consolidation loan company to partner with. To start exploring the options, it is advisable to use a free service company like Sfgate for guidance. Here you will get help through the process of narrowing down your choices. To get it right, compare interest rates, fees, and terms from various companies.

    Getting started with debt consolidation

    If you’re someone in debt, you’re probably looking for a way out. If so, then getting a debt consolidation loan could be the answer. The advantage of this type of loan is that it will combine all your debts into one manageable monthly payment. Here are 5 steps to get a debt consolidation loan in 5 steps.

    1. Make a list of your debts

    The first thing you need to do is make a list of all your debts, from credit cards to student loans and everything in between. This list will become important later when you start calling creditors or financial institutions to negotiate down payments or interest rates for your new loan.

    • Decide whether or not it makes sense to consolidate

    Consolidation can be a great option for dealing with mounting debts. However, there are cases where it just doesn’t make financial sense. For example, if you have credit cards with high balances and lower interest rates than the loan you get, consolidation may not help you at all.

    If you can’t make the minimum payments on your credit cards now, you still won’t be able to make the minimum payments after consolidating. Therefore, this means that you could end up with more debt than before the consolidation.

    • Find out what your current interest rates are

    If you already know this information, move on; if not, here’s how to check with each credit card issuer:

    1. Call the number on the back of your credit cards and ask a representative to give you your interest rates. Some people don’t like talking to collection representatives. However, remember that it is YOUR money that we are talking about. Therefore, call and get these rates!
    • Visit the billing statements section of your online credit card account and get the current interest rates listed there.
    • Check if you can find a debt consolidation loan at a lower rate

    The lowest advertised rates come from Lending Club, which offers debt consolidation loans between 3.49% and 7.07%. It may not be a good idea to consolidate all of your debt at once, but it’s probably a good idea to consolidate what you can.

    • Check with your local bank for more information on their loan programs

    Get help from local banks on available loan programs. Also try smaller banks that are not open to public investors, as they are often able to offer better rates than larger banks.

    Getting the best rates on your debt consolidation loan is possible by using all the tools at your disposal. By making sure you can find a better rate than what you’re currently paying, and then consolidating all that high-interest debt into one low payment, it will be much easier to pay it off in full.

    Last tip!

    You can save a lot of money by consolidating your debts. However, you need to choose the right debt consolidation company to use. The wrong choice could cost you thousands of dollars, so be sure to read any offer carefully before signing on the dotted line. It is important to avoid falling into another trap with another remuneration system. If you need more advice on how to consolidate your debt, be sure to contact one of our friendly advisors today.

    How to get a debt consolidation loan with bad credit

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    Have you ever wondered what is the best way to consolidate your debt? Debt consolidation is a process of consolidating all your outstanding debts into one fixed monthly payment. You may be able to find a debt consolidation loan with bad credit or someone who can offer you affordable repayment terms.

    Researching the topic will help you find out which companies are legit. You need to make sure the company is reputable, won’t charge you excessive fees, and can help you if you run into financial difficulties. If you need a recommendation, you can see a list of the best debt consolidation loans on SFGate.com

    The best way to consolidate your debts with bad credit is to use a bank or other financial institution with multiple loan arms or that specializes in debt consolidation. These lenders can help you consolidate all your debts into one loan. This money repays the various lenders/creditors involved at a single interest rate.

    To benefit from this solution, you must first consult an advisor who knows how these credit pools work. From then on, you will know if you will get an approval. If you meet the requirements, it will not be difficult to use any of these lenders.

    Get a debt consolidation loan with bad credit

    You can easily get a debt consolidation loan if your credit score is good. However, if your credit score is bad or not so good, you might find it difficult. All the same, you can still get a consolidation loan even with bad credit by following certain steps.

    Just like people with good credit histories, you will need to consult an advisor to see if you will be able to get a consolidation loan. If your credit score is bad, you can always find a way to get a debt consolidation loan. Here’s what to do:

    1. Monitor your credit score

    Check and keep monitoring your credit score so that you don’t have any instances where your credit score suddenly deteriorates. You can do this by checking your free annual credit reports and then regularly checking the credit bureaus to see the reports on your account. If you watch your credit score closely, you may find lenders who can offer you a consolidation loan.

    2. Look for options

    Despite your bad credit rating, some lenders can still look into your situation and offer you a loan. Therefore, try to research options before approaching lenders whose offers only favor people with good credit histories. You can try researching credit unions, banks, and loan companies that have a policy of granting loans regardless of your financial situation. If you work, you can also ask your employer if they offer any help or services adapted to your needs.

    3. Opt for a secured loan

    A secured loan is a type of consolidation loan where you provide collateral for the amount you wish to borrow. Banks, credit unions, and even other financial companies provide this type of loan. More importantly, it features lower interest rates than unsecured loans.

    Secured loans offer the borrower greater flexibility in terms of repayment amount and repayment term. Again, they give you more options in terms of choosing a lender.

    4. Start Fixing Your Credit Score

    When no one is willing to offer you a loan, you can start working on your credit score right away. Therefore, start repaying your loans on time and avoid missing a single payment. Make sure you don’t rely on credit cards and be prepared to repay borrowed money with great interest rates. This way, your credit score will improve and you can borrow money at lower interest rates.

    Final Thoughts

    You have now learned several tricks to get a debt consolidation loan with bad credit. Therefore, waste no time and start using them to your advantage right away. Start by consulting the major lending institutions in your area or check their websites for more details. Always remember that debt consolidation services are very helpful. However, they can be quite dangerous if you are not able to repay them easily.

    Bronco Partners Examines Debt Consolidation vs. Debt Settlement

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    Editorial credit: Artur Szczybylo


    Bronco Partners wants you to know that unsecured debt is a burden for everyone. But it doesn’t have to be: Write a review about Bronco Partnersdebt consolidation loan and you will find that your debt can be manageable and affordable.

    A Bronco Partners Debt Consolidation Loan lets you prioritize what’s important to you: your retirement, a fabulous vacation, or even that new oven you’ve been coveting. Life is possible with Bronco Partners.

    Bronco Partners Debt
    Editorial credit: fizkes

    Debt settlement and consolidation have the same goal of helping clients get rid of credit card loans,” according to Bronco Partners. However, the two concepts are inherently different in how they help people solve their debt problems. While debt settlement is good for reducing the overall loan amount owed, debt consolidation effectively decreases the overall amount you owe the creditor.

    The option that meets your needs depends on your current financial situation and your plans for dealing with your debt. Although this article covers both, it is essential that you consult a specialist. In the meantime, it is necessary that you do your research and familiarize yourself with both concepts before choosing one of the two. That said, let’s go.

    What is Debt Settlement?

    Debt settlement is the process of negotiating with lenders to resolve a loan and reduce the outstanding amount. Although this strategy is typically used to settle a large loan through a single lender, it can also be used to negotiate with multiple lenders.

    What is debt consolidation?

    Debt consolidation consists, as its name suggests, of consolidating all debts due and take out a new loan to repay the lenders, ideally at a lower interest rate and with quarterly repayment. It is commonly used by people trying to settle many unsecured obligations and other credit card bills.

    The pros and cons of debt consolidation and debt settlement differ, especially when needed to get rid of liabilities. If implemented correctly, both can help you get out of debt faster and save more.

    How do they work?

    When considering the ideal strategy for managing your bills, you may be weighing debt settlement versus debt consolidation. However, it depends on your financial situation.

    Debt settlement programs

    Debt settlement is when you, or any negotiating agent on your behalf, try to negotiate with your lender to reduce the amount to less than the total amount owed. If the lender approves your offer, pay the settlement and the situation seems to be resolved.

    Bronco Partners Debt Consolidation Programs

    When you’re burdened with a lot of debt that you’re reminded to pay off every month, debt consolidation can be an effective part of your relief plan. However, it only helps when you can control your spending habits. When you miss out on one of your credit card bills, it can be difficult to recover. If you are paying less in repayments for your debts, consider debt consolidation.

    Benefits of Debt Settlement

    When a lender is willing to take a portion of the committed amount in exchange for eliminating the balance of the obligation, it looks like an effective option. Debt settlement is seen as potentially negative for borrowers in any debt settlement industry, not least because it can be a paradise for scammers. However, borrowers seeking debt settlement are aware that their alternatives are limited, and the benefits for such individuals are wise to consider.

    Debts can be paid off faster

    Some avenues of financial help, such as credit counseling programs and debt management plans, usually don’t have too many benefits. Debt settlement can help those who are drowning in debt pay off a lesser amount on current debt. In many cases, this debt settlement procedure is faster than other options.

    Bankruptcy can be avoided

    Borrowers who opt for debt settlement are often unable to choose among the options and continue to make repayments over the longer term. How it works is that lenders forgive part of the loan, provided the borrower agrees to repay a particular amount. The idea is that they get something instead of nothing.

    Prevent being sued for a debt

    Depending on your terms, one might have a unique idea of ​​what defines a much worse situation. With debt settlement, you can avoid being sued for non-payment.

    Disadvantages of Debt Settlement

    The benefits of debt settlement in terms of dollars saved can make it an attractive choice for financial aid. However, borrowers should consider the downsides to ensure they make the right decision.

    Debt settlement fees

    Most debt settlement companies charge high fees, often ranging from $600 to $3,200 or more. These costs are however not contributed to your obligation; on the contrary, they go directly into corporate wallets.

    The effect of debt settlement on credit rating

    Although not as damaging as bankruptcy, debt settlement can negatively affect your credit rating when dealing personally with your lenders. The lender may disclose the agreement to major credit reporting agencies. This would impact credit availability, job opportunities, terms of your upcoming loan, and other factors.

    Advantages of debt consolidation

    • You can make it easier to practice paying off your debts. Each month, you pay one repayment to the creditor on one date rather than several repayments to various creditors with many different dates.
    • Fixing your credit will boost your credit rating, as long as you don’t use them as often as you used to.
    • In most cases, debt consolidation debts can be obtained for a rate ranging from 9% to 14%.

    Disadvantages of debt consolidation

    • The amount of silt is not evacuated or decreases significantly. However, you owe some of the money and the debt problem will not go away completely unless you reduce your spending.
    • Duration can also be a factor. You should expect to take 3 to 4 years on a debt consolidation process until the debt is eliminated.
    • A good credit score is necessary for effective debt reduction. When the credit rating is low, you may be denied a refinance loan.

    The conclusion of Bronco Partners

    Debt consolidation and debt settlement are difficult unlike bankruptcy because many federal and state bankruptcy rules are more comprehensive than the previous two types of financial assistance. Still, it’s safe to say that while insolvency is a last option, bankruptcy is still a viable alternative to explore if you’re ready to start over completely. You can try debt consolidation or debt settlement on your own or contact a company; However, be sure to do your homework when finding your financial expert.


    5 outrageous videos that push the boundaries of comedy

    Harley-Davidson is parting ways with its brand of electric motorcycles

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    Harley-Davidson electric motorcycle brand LiveWire will become a separate, publicly traded company next year. LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published alongside those of Harley, but its own shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% share. Harley-Davidson’s overall current market capitalization is approximately $5.8 billion. LiveWire currently offers only one model, the $22,000 LiveWire One. The 100-hp bike has a range of 146 miles in low-speed city driving and 70 miles in higher-speed highway driving. Harley’s LiveWire electric motorcycle was first shown as a concept bike in 2014. It went on sale as a production model in 2019, but was frequently criticized for its high price tag at the time. around $30,000. motorcycle models, but the company did not provide a timeline for when. It expects to sell around 190,000 electric motorcycles globally in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also sell small electric bikes for children. LiveWire competes with startup electric motorcycle manufacturers like Zero and Lightning, both based in the United States, and Energica in Italy. Electric motorcycles currently represent only 1% of motorcycle sales in the United States, according to Harley-Davidson, but the company expects them to represent 10% by 2026. By then, they should represent 13% of sales in Europe. and 45% in China, according to a presentation to Harley-Davidson investors.

    Harley-Davidson’s electric motorcycle brand, LiveWire, will be spun off into a separate, publicly traded company next year.

    LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published with Harley, but it will have its own stock trading on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% share.

    Video above: Harley-Davidson struggles to increase sales with its electric motorcycle

    The spin-off gives LiveWire a business valuation of nearly $1.8 billion. Harley-Davidson’s overall current market capitalization is approximately $5.8 billion.

    LiveWire currently offers only one model, the $22,000 LiveWire One. The 100-hp bike has a range of 146 miles in low-speed city driving and 70 miles in higher-speed highway driving. Harley’s LiveWire electric motorcycle was first shown as a concept bike in 2014. It went on sale as a production model in 2019, but was frequently criticized for its high price tag at the time. around $30,000.

    Harley Davidson Blueprints for LiveWire to release three more electric motorcycle models, but the company didn’t provide a timeline for when. It expects to sell around 190,000 electric motorcycles in the world in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bikes for children.

    LiveWire competes with startup electric motorcycle manufacturers like Zero and Lightning, both based in the United States, and Energica in Italy. Electric motorcycles currently represent only 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson Investor Presentation.

    Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments, namely large touring and cruiser motorcycles.

    Electric motorcycle brand LiveWire splits from Harley-Davidson

    0

    By Peter Valdes-Dapena, CNN Business

    Harley-Davidson’s electric motorcycle brand, LiveWire, will be spun off into a separate, publicly traded company next year.

    LiveWire will still be 74% owned by Harley-Davidson and its financial results will be published alongside Harley’s, but it will have its own stock trading on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold a 17.3% share.

    The spin-off gives LiveWire a business valuation of nearly $1.8 billion. Harley-Davidson’s overall current market capitalization is approximately $5.8 billion.

    LiveWire currently offers only one model, the $22,000 LiveWire One. The 100-hp bike has a range of 146 miles in low-speed city driving and 70 miles in higher-speed highway driving. Harley’s LiveWire electric motorcycle was first shown as a concept bike in 2014. It went on sale as a production model in 2019, but was frequently criticized for its high price tag at the time. around $30,000.

    Harley Davidson blueprints for LiveWire to release three more electric motorcycle models, but the company didn’t provide a timeline for when. It expects to sell around 190,000 electric motorcycles in the world in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bikes for children.

    LiveWire competes with startup electric motorcycle manufacturers like Zero and Lightning, both based in the United States, and Energica in Italy. Electric motorcycles currently represent only 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson Investor Presentation.

    Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments, namely large touring and cruiser motorcycles.

    The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia company. All rights reserved.

    Harley-Davidson transforms its brand of electric motorcycles into a separate company

    0


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    LiveWire will still be 74% owned by Harley-Davidson and its financial results will be released with Harley’s, but it will have its own trading of shares on the New York Stock Exchange under the symbol “LVW”. The new company will go public in the first half of 2022 through a merger with a special purpose acquisition company, or SPAC, according to Harley-Davidson. Taiwanese motorcycle company Kymco is also investing in the new company and will hold 17.3% of the shares.

    The spin-off gives LiveWire a business valuation of nearly $ 1.8 billion. Harley-Davidson’s current overall market capitalization is approximately $ 5.8 billion.

    LiveWire currently offers only one model, the LiveWire One at $ 22,000. The 100-horsepower bike has a range of 146 miles in low-speed city driving and 70 miles in high-speed highway driving. The Harley LiveWire electric motorcycle was first introduced as a concept bike in 2014. It went on sale as a production model in 2019, but was often criticized for its high price tag during its era. approximately $ 30,000.

    Harley-Davidson plans for LiveWire to release three more electric motorcycle models, but the company has not provided a timeline for when. It plans to sell around 190,000 electric motorcycles worldwide in 2030. In 2021, Harley-Davidson sold less than 400 LiveWire motorcycles. The brand will also market small electric bicycles for children.

    LiveWire competes with young electric motorcycle makers like Zero and Lightning, both based in the United States, and Italian Energica. Electric motorcycles currently only represent 1% of motorcycles sales in the United States, according to Harley-Davidson, but the company expects them to be 10% by 2026. By then, they are expected to represent 13% of sales in Europe and 45% in China, according to a Harley-Davidson. -Presentation of Davidson investors.

    Harley-Davidson announced its own five-year strategy earlier this year, which was to focus on the brand’s core market segments – large touring and cruising motorcycles.

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