quick loans – Piazza Carlo Giuliani http://piazzacarlogiuliani.org/ Mon, 21 Mar 2022 16:25:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://piazzacarlogiuliani.org/wp-content/uploads/2021/03/cropped-icon-1-32x32.png quick loans – Piazza Carlo Giuliani http://piazzacarlogiuliani.org/ 32 32 Fake Facebook page sponsored by Zenith Bank offering loan asks for users’ account details https://piazzacarlogiuliani.org/fake-facebook-page-sponsored-by-zenith-bank-offering-loan-asks-for-users-account-details/ Mon, 21 Mar 2022 16:25:42 +0000 https://piazzacarlogiuliani.org/fake-facebook-page-sponsored-by-zenith-bank-offering-loan-asks-for-users-account-details/
  • A fake Zenith Bank Facebook page offers loans to the public and asks them to enter their debit card details to access the loan
  • Financial and tech experts have blamed the ad saying it is a phishing site created to scam the unsuspecting public
  • Zenith Bank said nothing about the announcement but a source said the announcement was not from the bank

A fake Facebook ad allegedly from one of Nigeria’s biggest banks, Zenith Bank, is making the rounds on the social networking site.

The fake Facebook page is asking the unsuspecting public to apply for loans ranging from one month to 12 months, an investigation by Legit.ng reveals.

False advertising Zenith Bank
Source: UGC

With watered down English, the phishing ad asks users to enter their ATM card and account details in order to access the loan.

What the fake ad says

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A statement from the page read:

“Zenith Bank is also one of the leading financial lending companies that offers fast loans to customers and non-bank customers with zenith without collateral or paperwork in Nigeria.”

The ad went on to say that this is one of the quick loans offered by Zenith Bank to “provide financial assistance to those who need it but are unable to obtain regular loans. for some reason,” the fake Facebook page said. .

What experts say about the announcement

Financial experts approached by Legit.ng to verify the authenticity of the ad said it was just a phishing ad aimed at defrauding the public.

Jonathan Igwe, a financial expert, told Legit.ng that the public should be wary of such an offer allegedly coming from Zenith Bank.

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Wear your clothes my brother: Reactions as a man walks naked inside a bank and asks for his money in a stunning video

Igwe said:

“Look at the language the ad was written with. It is purely a fake Facebook page. A reputable bank like Zenith Bank will hire the services of good copywriters to clean up this pedestal language.

Justin Osarehmen said such banal language would not have come from Zenith Bank.

He said:

“Besides the language used, the bank will still publish this information through its apps and official website and will also broadcast jingles and advertisements on radio and television.”

There was no official statement from Zenith Bank, but a privileged source who spoke on condition of anonymity because she was not authorized told Legit.ng that the bank was not making the promoting its loans in this way.

The source said:

“The bank has several loan programs going, but not this one in particular. We don’t use that kind of font and language.

Chinmark investors cry as company fails to meet obligations

Read also

Nigerian Government to Regulate Online Lending Platforms, Says FCCPC

Legit.ng reported that investors at Chinmak Group, an investment company, shouted on social media that their investment was about to go up in flames as the company failed to meet its obligations.

Investors who took to social media said they were unhappy with the company’s silence on its failed plans to pay them their monthly returns as promised by the company.

The Punch reports that around 45,000 aggrieved investors slammed the group’s chairman, Marksman Ijiomah and the company’s social media influencer and brand ambassador, Amanda Chisom.

Source: Legit.ng

How two men allegedly tricked investors with a story of rare wines https://piazzacarlogiuliani.org/how-two-men-allegedly-tricked-investors-with-a-story-of-rare-wines/ Wed, 09 Mar 2022 05:00:00 +0000 https://piazzacarlogiuliani.org/how-two-men-allegedly-tricked-investors-with-a-story-of-rare-wines/

The two Englishmen started showing up at investor conferences in 2015, armed with a tempting proposition. Participants could, through their London-based wine brokerage, Bordeaux Cellars, lend money to wealthy struggling borrowers who needed quick loans, no questions asked. Lenders would receive interest at the rate of 12%, paid quarterly.

Normally, such a high interest rate meant the loan would be risky. This is not the case, the two men asserted – these loans would be guaranteed by prestigious wines from the cellars of the borrowers, transferred in the name of the lender in air-conditioned and secure warehouses supervised by Bordeaux Cellars. And the loans would be capped at 35% of the market value of the wines.

“What happens in the event of default? asked Stephen Burton, the 57-year-old chef of Bordeaux Cellars, at a 2015 conference in Cancun. “We sell the wine, bearing in mind that you only loaned 35% of its value. It’s very easy to sell quite quickly.”

“A lot of clients are now cash-strapped real estate developers,” Burton partner James Wellesley, 55, said at a 2017 conference in Las Vegas. “We only lend against investment grade wine….We mainly deal in French wines, some of the best Californian wines [like] Howling eagle.”

A third team member, Lindsay Gundersen, told attendees at a conference in Las Vegas in 2018, “We charge the borrower 16%, so they pay all the administration costs…Insurance, air conditioning, etc., is the cost of the borrower, not the lender.”

The promise of 12% interest to the lender, free of charge, on a secured loan in an era of historically low interest rates seemed too good to be true. And it was.

Last week, Burton and Wellesley, CEO and CFO of Bordeaux Cellars respectively, were indicted by a grand jury in federal court in the District of Brooklyn for wire fraud and money laundering. In total, Burton and Wellesley are charged with inducing investors to “invest more than approximately $99.4 million in term loans allegedly brokered by Bordeaux Cellars,” the indictment states.

“Unlike the fine wine they claimed to have, the defendants’ repeated lies to investors have not aged well,” said Breon Peace, U.S. Attorney for the Eastern District of New York.

Burton and Wellesley (both used multiple aliases) had already been hit last year with a civil judgment from a London High Court involving the same scheme to scam at least 161 people. The men have been ordered to repay over £56million in losses by their clients.

The idea behind Bordeaux Cellars, Burton told CNBC business reporter Jane Wells in 2013, came to him while reading a Sunday time item. “There was a pawn shop here in London that had a warehouse full of Aston Martins and Ferraris. Literally people were just coming into that warehouse, handing them the keys for a cash loan. So I just put two and two together, and I thought, you know, we could do this with wine.”

The operation he created, in the tale Burton told Wells, quickly made 200 loans worth $30 million. Burton even claimed that a divorcing American dropped off two dozen cases of Screaming Eagle to get “quick cash.”

But Burton’s business plan is a puzzle. Why would someone wealthy enough to own two dozen cases of Screaming Eagle, Napa Valley’s most expensive cult Cabernet, put up their award-winning wine for a loan at 16% interest? Surely there were better options.

In fact, there were no such borrowers. As their business grew, Burton, now with partner and CFO Wellesley, focused entirely on finding lenders willing to pour in, falsely claiming they had borrowers in waiting, according to the indictment.

Additionally, these supposed borrowers were allowed to hide their identities behind individual corporate shells. Over 60 of these shells (the list begins with “Alsop” and “Apple Tree” LLC and ends with “Zermatt” and “Zug”) were registered in Belize but controlled from London by Burton. The reams of documents to be drafted for the loans, and to allegedly give the appearance of legitimacy, appear to have been drafted by hired lawyers.

According to the High Court complaint, some of the money allegedly lent was used in the Ponzi scheme to make interest and principal payments to the lenders. The rest was deposited in bank accounts linked to Burton and Wellesley, and was used to buy wine and “gold, other goods and services”.

Seemingly full of money, Burton has become well known in London wine circles. “Stephen has been around town for years opening crazy bottles,” said Alex Turnbull, then at wine company Justerini & Brooks and currently head of private clients at Jeroboams. wine spectator. “I once heard him say with great confidence that he had the largest collection of Penfolds Grange in the world. I told him that I knew people who also had large Grange collections and said: “Maybe you should meet them. He became a little suspicious. So I had my suspicions for a very long time, but working in the business I struggled to voice them or find someone to agree with me that it all sounded very suspicious.

In 2019, quarterly interest payments to Caves de Bordeaux lenders came to an abrupt halt. An American investor sought advice from JustAnswer, a British online legal service. “I invested in a company called Bordeaux Cellars in the UK,” the investor wrote. “In this investment, I am the lender of two loans and each loan is $100,000…. I am supposed to receive the interest payments quarterly and the last one was due March 12. I did not receive the payment and I have tried to contact the Caves de Bordeaux several times and there is no response to date.

“I undertook a little research,” replied JustAnswer’s lawyer. He had learned that the two loans had been made to limited liability companies called “Gstaad” and “Pemberley” Investments, both among 61 similar limited liability companies registered in Belize and listed in the civil complaint against Bordeaux Cellars before the High Court. Noting that Bordeaux Cellars “has no business history” and “has not submitted audited accounts”, the lawyer informs the borrower that he has little recourse to recover his funds.

Apparently neither the interrogating victim nor the lawyer knew that on Valentine’s Day 2019, Burton was arrested at a hotel in Kent, England. In his bedroom, police found two fake passports, expensive watches, precious metal bullion and South African and British currency worth a total of nearly £1million. Six months later, Burton pleaded guilty to possession of false passports and money laundering and was sentenced to four years in prison.

Wellesley was arrested on February 4 and is currently in prison in England. The U.S. Attorney for the Eastern District of New York is considering extradition. Wellesley has already been convicted and imprisoned twice for financial crimes.

But Burton is no longer in custody. In 2020, he was released early from prison, reportedly due to COVID-19 issues. His current whereabouts are unknown.

Stay on top of important wine stories with the free Wine Spectator service Last minute alerts.

What is a payday loan? https://piazzacarlogiuliani.org/what-is-a-payday-loan/ Fri, 25 Feb 2022 22:26:00 +0000 https://piazzacarlogiuliani.org/what-is-a-payday-loan/

payday ready are generally short-term unsecured loans characterized by high interest rates that generally do not require a credit check.

Although there is no exact and universal definition of the term, the US Consumer Financial Protection Bureau indicates that this type of loan is usually $500 or less and is usually due on the borrower’s next payday. States have different laws governing these types of fast loans, but they may be available to Americans through in-store payday lenders or in line, depending on location. The due date on payday loans is generally two to four weeks from the date of issuance, and lenders generally do not consider borrowers’ credit scores or their ability to meet other financial obligations when approving the loan.

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To secure a payday loan, payday lenders often require a personal check from the borrower for the loan amount, plus interest and fees, for a future deposit. They often require direct access to the borrower’s bank account.

Payday lenders hold the personal check until the borrower receives their next paycheck, direct deposit or social Security Payment. Depending on the terms of the loan and the laws of the state in question, some payday lenders offer long-term repayment plans that allow them to make multiple electronic withdrawals from the borrower’s bank account.

The average term for payday loans is about two weeks, and loans typically range between $50 and $1,000. In exchange for quick loans that don’t require a credit check, payday borrowers typically pay exorbitant interest rates and fees on their loans. Payday lenders often charge annual percentage ratesor APR, of 400% or more on their loans, plus finance charges of between $10 and $30 for every $100 borrowed.

The only requirements to qualify for most payday loans are an opening Bank account relatively good standing, a regular income and a source of identification.

Because little consideration is given to the financial condition or creditworthiness of borrowers, the CFPB has found that payday loans have a high default rate of around 20%. Additionally, approximately 80% of payday borrowers renew or re-borrow their loans within 30 days of their initial loan.

Qualified state borrowers can apply for a payday loan online from companies such as MoneyMutual, CashUSA.com, and BillsHappen. Many payday lenders also have thousands of physical stores in the United States.

In times of financial emergency or life or death situation, payday loans may be one of the only places Americans have bad credit can turn to temporary financial assistance. However, due to widespread deception and predatory behavior in the payday loan industry, the CFPB, Federal Trade Commission, and other federal and state regulators have repeatedly warned Americans of the dangers of payday lending. payday and imposed restrictions on the activities of payday lenders.

A 2016 five-year study by Pew Charitable Trusts found that 12 million Americans take out payday loans each year, and those borrowers collectively pay $9 billion a year in loan fees alone.

  • Speed. Payday loans are fast, and lenders often approve the same or next day.
  • Ease of use. It’s usually easy to get approved for a payday loan as long as the applicant has a stable source of income, a bank account in good standing, and proper identification. Borrowers can even get payday loan approval online. While some critics say payday loans are inherently predatory, there are laws in place to protect the rights of borrowers.
  • Availablity. Depending on the situation, payday loans may be one of the only viable sources of emergency cash for borrowers with bad credit.

  • High cost. Payday loans can come with annual interest rates of 400% or more, and finance charges can be 15% to 30% of the loan amount. These high interest rates stand out even more compared to the national average of around 16.17% credit card interest rate or the average interest rate of 4.25% over 30 years mortgage end of February 2022.
  • Debt cycle. Due to interest and fees, a payday loan can easily force the borrower to put off the majority of their next paycheck, creating an opportunity for borrowers to fall into a cycle of repeat loans.
  • Harassment. Payday lenders have a reputation for exploiting financially vulnerable borrowers and using aggressive and harassing collection practices.

]]> BigPay is launching its digital personal loan product next week https://piazzacarlogiuliani.org/bigpay-is-launching-its-digital-personal-loan-product-next-week/ Wed, 23 Feb 2022 16:38:34 +0000 https://piazzacarlogiuliani.org/bigpay-is-launching-its-digital-personal-loan-product-next-week/

BigPay, Capital A’s e-wallet offering, is launching a brand new feature where you can apply for loans with instant approval. It claims to be the first all-digital personal loan product in Malaysia.

According to the teaser image, BigPay’s personal loan product offers approvals as fast as 5 minutes and no paperwork required. The app will push monthly reminders and users should be able to make refunds easily within the app itself. BigPay is providing a presentation of its product next week and full details should be revealed very soon.

In case you missed it, BigPay received a provisional lending license in November 2020 from the Department of Housing and Local Government (KPKT). According to Capital A CEO Tony Fernandes, the license will allow users to get quick loans at low interest rates. He also said that although the B40 group will be the biggest beneficiary of the approval, the funding will also be available for others.

Besides BigPay, other companies such as Axiata Digital Capital, Grabfin Operations, GHL Payments, Presto Credit, JCL Credit Leasing, Fortune Tree Capital, and Hoop Fintech have also obtained a provisional license from KPKT.

BigPay’s personal loan offering comes at a time when several e-wallet players have started offering Buy Now Pay Later (BNPL) products. Some BNPL options offer interest-free installments for a short term of 3-4 months, but these are often limited to retail and online purchases.

Personal loan offers greater flexibility as users can use them for emergency situations such as medical or household repairs. It could be used for debt consolidation or to fund a new business, provided interest rates are favorable. Since its introduction, BigPay and its physical prepaid card have been popular among international travelers as they offer lower exchange rates and ATM withdrawal fees. In addition to this, the app also offers money transfer services at lower rates than traditional banks. Recently, BigPay increased its wallet size to RM20,000, but it still does not support DuitNow QR.

BigPay has submitted its Application for Digital Banking License in Malaysia last year and hopes to offer full-fledged financial services to individuals, self-employed and MSMEs. Last year they also got $100 million (about RM418 million) in financing from South Korea’s SK Group.

Related reading

]]> Crackdown on marketing spam sees financial firms splintered https://piazzacarlogiuliani.org/crackdown-on-marketing-spam-sees-financial-firms-splintered/ Thu, 03 Feb 2022 11:18:53 +0000 https://piazzacarlogiuliani.org/crackdown-on-marketing-spam-sees-financial-firms-splintered/ Several financial services companies have been arrested for illegally offering their products via spam calls, text messages and emails.

Three financial services companies have been arrested for offering their products via spam calls, texts and emails, in violation of telemarketing laws.

The Australian Communications and Media Authority (ACMA) has taken action against Phoenix Securities, My Alfred and Pineapple Funding.

ACMA President Nerida O’Loughlin said the practice was widespread – and financial services companies were among the worst offenders.

“Australians can suffer significant economic harm when financial services companies break the rules,” Ms O’Loughlin said.

“People in vulnerable situations are particularly at risk when they are unexpectedly offered what looks like easy money or quick loans. Stopping this type of illegal marketing is a priority for us.

The financial services industry is one of the most criticized areas for telemarketing, according to Ms O’Loughlin.

The enforcement actions taken by the ACMA require companies to undertake an independent review of their systems and compliance with anti-spam laws.

Additionally, Phoenix Securities paid a $26,640 fine after it discovered the company illegally sent more than 3,000 emails offering business loans without consent.

A software development company, My Alfred made 14 calls offering its automated trading system to numbers on the do not call registry.

Loan broker, Pineapple Funding sent out 175 texts offering pre-approvals and interest-free periods for business loans without recipient consent.

The three companies will also be required train staff on their compliance obligations and demonstrate that they are acting on recommendations from the review process.

In the 2020-21 fiscal year, the ACMA received 3,381 telemarketing complaints from financial services companies.

A subsequent crackdown reduced illegal practices by a third in the first half of 2021-2022.

Over the past 18 months, companies have paid nearly $900,000 in ACMA notices of violation for violating spam and telemarketing laws, many of which were financial services companies.

Businesses are not allowed to make calls to numbers on the do not call registry or send marketing emails and text messages without consent.

Financial services giant Chase Edwards was among five companies to receive a formal warning in July last year for breaking the rules.

The company called two numbers on the Do Not Call Registry offering free financial assessments.

Lastminuteloan.com.au also received a warning for sending unsolicited text messages, informing recipients that they had been approved for a $200 loan.

$300 loans offer a lifeline – and an apprenticeship – for students – archyde https://piazzacarlogiuliani.org/300-loans-offer-a-lifeline-and-an-apprenticeship-for-students-archyde/ Fri, 14 Jan 2022 08:00:00 +0000 https://piazzacarlogiuliani.org/300-loans-offer-a-lifeline-and-an-apprenticeship-for-students-archyde/ Quick loans from the UAB Regional Institute for Financial Education are available in as little as 24 hours. They can help any Blazer student who experiences an unexpected loss of income, housing or medical issues, or a transportation emergency.

Written by: Matt Windsor
Media contact: Savannah Koplon

Any UAB student can apply for a microcredit. “We strive to make it as quick and painless as possible,” said Stephanie Yates, Ph.D., the program’s creator.The microcredits of University of Alabama at Birmingham‘s Regions Institute for Financial Education, or RIFE, helps any Blazer student with a tire fix, rent, or other emergency – with money available in as little as 24 hours and no interest charged if repaid within 90 days.

Get out of the spiral

More and more students are struggling financially, says Stephanie Yates, Ph.D., director of the institute and creator of the program. Something as small as a flat tire can quickly lead to an exit from school.

“Your car breaks down on the way to school, so you miss class,” Yates said. “You can’t get to work, so you miss shifts and all of a sudden you can’t pay rent. Everything adds up. We thought, “If we could find a way to help a student get that tire, it would prevent all of these other things.

Yates spoke with Collat ​​Business School He and Dean Eric Jack, Ph.D., suggested a source of funding: a $25,000 prize pool originally created to help students after the deadly tornadoes of 2011. Yates students helped create the rules of the microcredit program:

  • Give the money to those who need it most,
  • Maintain a reserve so that emergency needs can always be met, and
  • Have the possibility of making non-emergency loans.

Priority is given to real emergencies, in particular:

  • loss of income
  • transportation problems
  • housing problems or difficult living situations
  • medical fees

“It’s very helpful for students who have a gap between the start of the semester and when their financial aid arrives,” Yates said. “By far the majority of loans are repaid within 90 days and very few students have paid interest. It’s not a trap.

The interest rate is 6%, starting on day 91. In fact, the goal is to offer an alternative to payday loans, title loans and pawnbrokers.

Experimental learning

Members of the student-run Green & Gold Fund have written an investment policy to help the fund’s capital grow while protecting it. They also sit on the loan committee (all identifying information about other students is removed).

The goal is to “continue to have this resource for a long time to come,” said Jackie Dang, a finance major and member of the Green & Gold Fund who is RIFE’s portfolio manager. “It has been an enriching experience to know that I am part of an organization that does everything possible to help UAB students.”

This is open to all UAB students. Any UAB student can apply for a microcredit, Yates said, “We strive to make it as quick and painless as possible.”

What type of loan to choose? https://piazzacarlogiuliani.org/what-type-of-loan-to-choose/ Tue, 04 Jan 2022 04:44:53 +0000 https://piazzacarlogiuliani.org/what-type-of-loan-to-choose/

Modern borrowing possibilities are diverse, so much so that it is easy to be confused by the wide range of offers. In addition, complex loan conditions exacerbated the embarrassment, sometimes even explaining the type of loan and its limitless possibilities.

At the same time, get a cash loan is a responsible and serious stage in your life, so it is essential to understand and understand the nature of the loan. Equally important is realizing your abilities so that your choice does not cause harm and unnecessary anxiety. On the contrary, it will become a successful financial transaction.

The article discusses the types of loans: consumption, or cash, credit; auto loans; car rental; re-credit; maintenance loans; Mortgages; quick loans.

Before you start to study all types of loans, we recommend that you familiarize yourself with some basic principles, which will help you understand the nature of loans. If you are already familiar with the basics of loans and the important criteria that should be taken into account when choosing a loan, please click on the “Personal loan” link to go to the section which considers the first type in more detail. loan.

Loan: Concept, Signs, Issue order

A loan is a process of lending money or property to a party within a specified time frame. The participants in the legal relationship determine the procedures as well as the terms of debt transfer in the form of an agreement, including the useful life of the asset and accrued interest. In addition, loans can be given free of charge.

The main types of loans are:

  • ownership – provide for the free transfer of the object;
  • consumption (consumer credit);
  • banking.

Interest-free loans are usually granted by company management to employees, and the state grants certain categories of citizens. Given the primary goal of financial institutions to make profits, bank loans always earn accrued interest.

As an advantage of a loan, it should be noted that there is no overpayment, nor related to the credit history of the borrower.

The essential characteristics of loans that distinguish this type of small loan standard loans include:

  • Transfer the temporarily used property to another person within a specified period, after which the debt will be returned to the owner, in addition it can not be replaced with similar items or compensation;
  • There is no obligation to pay interest for the use of the property or the rent.

Credit: definition and types

Credit – Transfer of funds from the lender to the borrower according to the conditions of urgency, payment and repayment. In most cases, the lender is a banking organization.

According to the loan agreement, any natural person or company can become a borrower. The financing conditions stipulate that the amount of the debt, as well as the accrued interest, must be returned as soon as possible.

If the borrower refuses to perform his obligations, the lender has the right to initiate compulsory collection proceedings.

According to different loan methods, the loans are divided into the following types:

  • Consumers-used to purchase goods and services;
  • The banking sector provides targeted capital spending, including leasing and factoring;
  • Mortgages, funds used to purchase residential real estate;
  • Commercial – a form of interaction between counterparties involving the provision of installments or deferred payments;
  • Pawn shops provide funds backed by liquid securities;
  • State-Use low interest rates to finance natural and legal persons from the state budget.

Credit History – What Is It And How Does It Affect Getting A Loan?

Credit history is a snapshot of your financial obligations, including long-term fulfilled and unfulfilled commitments. In addition, it is essential to know that a credit history also takes into account the accuracy of the payment, including the timely payment of utility bills or other services.

Credit history is essential as it determines the formation of your other financial obligations; in other words, it directly affects your chances of getting the required loan.

After receiving the loan application, the lender will check the borrower’s credit history against the credit register and contact the borrower as necessary to request other information that can help the lender to assess, such as the source of the loan. income. It should be added that in the absence of work or official income, loans can be refused.

Suppose the credit history is negative or the borrower has unpaid debts. In this case, frequent late payments, a disproportionate number of unpaid loan obligations, etc., will reduce the likelihood of getting a loan.

Depending on the internal situation of the credit institution, the loan requested by the borrower may have a higher interest rate in the event of a monthly repayment or down payment. However, lending institutions can also refuse to grant loans due to damaged credit records.

How to apply for a loan?

If you could only apply for a loan by going to a non-bank lending institution or a bank branch, now there are more opportunities to do so, and it’s much more convenient.

Of course, you can apply for a loan in a known way – going to the lender’s office to complete the application form in person, but it can also be done remotely, for example by phone or by calling the service center at the lender’s customers.

The customer service specialist will ask the borrower’s questions during the dialogue instead of filling out the application form. Nevertheless, it should be noted that the borrower should have the right to access data, such as a passport or electronic identity document.


Depending on the maturity, the loans are divided into short term (up to 1 year), medium term (1 to 3 years) and long term (more than three years). Interest rates can be fixed or floating. In the first option, the interest on the loan remains unchanged for the duration of the loan contract. Finding information and quotes is very important, so you should read all of its terms carefully before signing a contract. If you have any questions, we recommend that you contact an expert, as they will be happy to tell you everything in a language the borrower can understand.

How to get a loan without credit https://piazzacarlogiuliani.org/how-to-get-a-loan-without-credit/ Sat, 11 Dec 2021 00:51:21 +0000 https://piazzacarlogiuliani.org/how-to-get-a-loan-without-credit/

If you are in dire need of money with a bad credit rating, try a personal or payday loan.

These days there are many loan options available and it can be a bit confusing to know which one applies to you. Everyone’s financial situation differs depending on their job and other factors such as whether or not there is an accessible savings account. If you need a loan and don’t have time to do a credit check, or even have a bad credit rating that limits your options, here are some ways to get a loan without credit. .

Personal loan

Personal loans are among the most widely used forms of loans that do not require a credit check. They tend to be more secure and offer longer repayment terms. This means that you can fit the amount into your monthly budget and gradually pay off the lender.

Personal loans do not need to use credit checks because they often involve smaller amounts borrowed. Another feature of personal loans is that they do not rely on assets such as home or vehicle value to secure repayment, hence the name “unsecured loans”. However, in the context of avoiding a credit check or for those with bad credit rates, a personal loan could offer the most flexible and secure form of money.

Personal loans from CreditNinja offer secured personal loans at fixed rates. This means that while the repayment periods can be a bit more demanding, you can access cash when you need it. This can allow you to take control of your personal finances and avoid the emergence of additional debt. Personal loans are the best option for those who need relatively low cash flow to cover issues like urgent medical treatment or even debt consolidation.

Payday loan

Another option for loans without credit check is the payday loan. This is defined by borrowing a sum of money from lenders and agreeing to repay part or all of the amount on your next payday. It works the same as a post-dated check. As long as you can allow the amount to lower your monthly salary, this is another reliable option. One of the main uses of payday loans is to help you deal with unforeseen circumstances or urgent situations, which is why many of the advantages of a payday loan are that it is easy to apply and that approval times are among the fastest.

Benefits of personal and payday loans

What appeals to a lot of people about these types of loans is that they are fast, reliable, and don’t require a credit check. This is part of what makes the approval process almost immediate and is important for people who need cash quickly.

There is no need to use assets as deposits or collateral, which means people with lower value assets can access loans regardless of where they live or the amount of their average income. Getting you through tough times is something these types of loans are designed for. Not having to worry about money will give you comfort and a sense of security when you need it most.

Possible disadvantages

Although quick loans are mostly secure, there is the risk of going with a less reputable lender. This can potentially give your personal information to the wrong people, which can damage your account. Scammers are getting smarter and smarter, which is why you should consider using secure providers like CreditNinja. In addition, the amounts are generally lower than those for other loan options. This is another downside to quick loans, but it is recommended that you rely on them for unforeseen circumstances or emergencies rather than more important things like buying a new car or moving.

Financial advice

If you find yourself in difficult times and need help managing your accounts, it might be worth seeking financial advice. Many lenders offer free advice and can show you how to improve your credit score. If you have bad credit or haven’t had a chance to work on it yet, a professional can show you how to build better financial habits. Not only that, but you can improve your credit score over time. This can allow you to access better loans with more flexibility and even get a better mortgage rate in the future.


The main options for someone who needs money without a credit score are personal loans and payday loans. These are secured loans that allow you to access smaller amounts of money over short periods of time. Compared to other loan options which offer more flexibility, it is suggested to use these types of short term loans when you need the cash quickly.

Avoid systematically relying on personal loans and payday loans as this can affect your credit score. In addition, most secured loan providers will offer free financial advice or consultation. This can help you develop better habits that can improve your credit score over time. Personal loans and payday loans have their own advantages and disadvantages, and it is worth following the link above for more details on personal loans from CreditNinja.

Posted on December 10, 2021

South Boise ID Gold / Jewelery Secured Loans 2022 Pawn Shops New Tagline Released https://piazzacarlogiuliani.org/south-boise-id-gold-jewelery-secured-loans-2022-pawn-shops-new-tagline-released/ Fri, 03 Dec 2021 11:30:47 +0000 https://piazzacarlogiuliani.org/south-boise-id-gold-jewelery-secured-loans-2022-pawn-shops-new-tagline-released/

Idaho Pawn and Gold (208-487-8003), offering quick item-backed loans to customers in South Boise and surrounding areas including Nampa, Middleton, Parma, Eagle and Boise Beach, announced a new tagline, “The Lending Store – A new way to pawn.

The new tagline represents the company’s focus on building relationships within the surrounding community by providing safety net loans to families facing sudden financial emergencies. Their goal is to make the pawn shop process as easy as possible.

More information can be found at: https://pawnidaho.com/

This latest announcement is based on the company’s belief that close relationships with customers set them apart from other pawn shops, real estate buyers, and gold and silver bullion dealers. The company claims to be one of the most flexible object-backed lenders in the region, offering a minimum repayment period of 40 days and a maximum repayment period of 10 years.

A representative from Idaho Pawn & Gold explained that their loans generally end up costing less than bank overdraft fees, utility reconnection fees, or credit card late fees. They explained that item backed loans are important for people who need quick loans but want to avoid a negative impact on their credit score.

The company also noted that many people have small, valuable items in their homes, and when people have to pay unexpected bills, using those items for cash can be a smart and practical decision.

Idaho Pawn & Gold has experts and resources on hand to perform all inspections and assessments in the store, in front of the customer. For this reason, they are able to offer the highest value for a variety of items including gold, jewelry, coins, luxury watches, musical instruments and much more. . It is one of the only pawn shops in the region to handle luxury watch transactions, accepting Audemars Piguet, Patek Philippe, Rolex, Hublot, Vacheron-Constantin, Richard Mille, IWC, etc.

Idaho Pawn & Gold intends to create a ‘new way to pawn’ for residents of the Boise, Meridian and Nampa areas due to their impeccable attention to detail, exceptional customer service and lending practices. transparent, article-based.

One client shared, “Really the best place to get a quick loan. The staff are very knowledgeable and I was impressed with their warm and confidential customer service.

To learn more about Idaho Pawn and Gold services, visit https://pawnidaho.com/

Contact information:
Name: Sam Lecture
E-mail: Send an email
Organization: Idaho Pawn & Gold
Address: 10250 West Fairview Avenue, Boise, Idaho 83704, USA
Phone: + 1-208-615-8714
Website: https://pawnidaho.com

Version number: 89055324

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COMTEX_398222824 / 2773 / 2021-12-03T05: 55: 42

Loanable in talks to raise funds above £ 3bn valuation: sources https://piazzacarlogiuliani.org/loanable-in-talks-to-raise-funds-above-3bn-valuation-sources/ Tue, 23 Nov 2021 08:00:00 +0000 https://piazzacarlogiuliani.org/loanable-in-talks-to-raise-funds-above-3bn-valuation-sources/

  • Lendable, a personal loan startup backed by Goldman Sachs, is about to raise a fundraiser.
  • Founded in 2014, Lendable could more than triple its valuation with this further increase.
  • The UK-based startup is expected to use any new money to expand in the US.

Lendable, a Goldman Sachs-backed financial startup that offers personal loans, is in talks to raise new funding that could value the company at more than £ 3 billion ($ 4 billion), according to several industry sources.

The UK-based startup was founded in 2014 by German entrepreneur Martin Kissinger, 32, who previously founded Berlin-based peer-to-peer company Lendico for German startup builder Rocket Internet.

He became a unicorn earlier in 2021, when early investors and employees cashed in around £ 30million in stock from a secondary stock sale. The sale gave the company a valuation of £ 1 billion, as reported by Sifted.

A source told Insider that a more recent principal share issue raised the company’s valuation to £ 3bn ($ 4bn) where it raised around £ 60m ($ 80m ). The company has appointed consultancy firm FT Partners to manage its new fundraising effort, a source with knowledge of the matter told Insider. The new funding round will likely see the company valued more than that, two sources said.

The round is not finalized and the final valuation number may change. It’s unclear how much Lendable plans to raise. Lendable declined to comment.

Lendable Says It Offers Quick Loans Faster Than Competitors

Lendable uses machine learning to automate credit underwriting for loans. It acts as a direct lender and claims its approval process is faster than its more established peers, with funds being paid into the lender’s account in under two hours.

It claims to offer quick loans at “fair rates”. A sample three-year £ 7,500 loan on his site is billed at a representative APR of 28.6%, but rates can drop as low as 4.9%.

The company targets the low cost loan segment and competes with banks for personal loans. Lendable works with comparison sites and claims to offer more transparent “real prices” than its competitors.

In 2019, Lendable struck a deal with Goldman Sachs Private Capital that saw the bank’s investment division commit to buying loans issued by the fintech.

The startup’s parent company reported overall profits of £ 26.6million ($ 35.6million) on £ 36.1million ($ 48million) in revenue for 2020, nearly double the of the £ 14.9million ($ 19.9million) profit recorded in 2019.

Any new funding is expected to fuel the company’s expansion into the United States.

The company has raised around $ 9.8 million in equity to date, according to Crunchbase. Most of its funding has been in the form of debt, with the company raising a total of $ 1.3 billion from funders such as Goldman Sachs Private Capital, NatWest Markets and others.

This story has been updated to describe how Lendable works.