video store – Video In http://videoin.org/ Mon, 13 Sep 2021 09:38:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://videoin.org/wp-content/uploads/2021/09/cropped-icon-32x32.png video store – Video In http://videoin.org/ 32 32 How regulation could influence interest on payday loan in 2021 https://videoin.org/how-regulation-could-influence-interest-on-payday-loan-in-2021/ https://videoin.org/how-regulation-could-influence-interest-on-payday-loan-in-2021/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/ryanair-reimburses-prank-as-passengers-who-requested-money-receive-vouchers-instead/ Payday loans can easily make it easy to obtain credit when you’re in desperate need. ACFA-Cashflow payday loans are one of the most convenient options for those who need quick cash. Because it’s accessible to all, even those with poor credit, this option seems attractive to many borrowers. There are many risks that you should […]]]>

Payday loans can easily make it easy to obtain credit when you’re in desperate need. ACFA-Cashflow payday loans are one of the most convenient options for those who need quick cash. Because it’s accessible to all, even those with poor credit, this option seems attractive to many borrowers. There are many risks that you should be aware of, and how you can protect yourself from them, including predatory rate interest rates that could make you a victim to a cycle.

The new policy on payday loans could offer better protection to borrowers. There are laws to protect you from loan sharks. These laws prohibit discriminatory practices and cap interest rates. They also outlaw certain types or lending. Credit products and rules change constantly, so it is important to keep up-to-date with current regulations.

Payday Loans Rules and Regulations

You need to know the rules and regulations if your goal is to obtain a loan. You might be wondering what federal rules govern payday lending. While these laws are left to states, the majority of federal laws are applicable in general lending practices. The Truth in Lending Act, (TILA) for instance, requires payday lenders, just like other financial institutions to disclose the total cost of borrowing to you.

These loans are managed at the state level through usury legislations that limit the interest rates ceiling. Although many states allow lenders in charge of APRs up to the triple digits (which is common in many), Washington D.C., 18 states and Washington D.C. have interest caps. After passing a bill that caps interest rates at 36 percent, Illinois is ready to follow suit.

Although restrictions may have been imposed by states, lenders are able to bypass them by entering into partnerships and partnering with banks from other states. This practice is known “renting-a­bank”. You need to make sure the lender that you borrow money from is properly licensed and has a good reputation for honesty. Look online for reviews and licenses to determine if you are borrowing from a company that meets your expectations.

Legislation aimed at APR

You will find many questions about  on the internet. These are people who may have difficulty paying their loans due to the high interest. Although you may be curious about whether you can go to jail for payday loan violations, a court will not only sentence you for criminal offenses. You could also face other sanctions.

In order to avoid high interest payments, more states are pushing for low interest payday loans. The legislation will protect you from predatory lending by focusing on annual percentage rate (APR). This includes the interest and any fees that the lender charges. That means a $300 loan that has a 2-week term would cost $45 in fees. This is a 391% APR. A similar loan with an APR of 36% would cost $.25. This is much lower and easier to manage.

Consumers Have Other Options

Other than the expected rise in interest rates you may also be able to explore other options that could help you get rid of your existing loans. ACFA-Cashflow could be a viable option for people with high credit scores. It will help them avoid the many risks associated with payday loans. This is how you can avoid other loans, as it’s much easier to qualify to receive an ACFA Cashflow loan.

Even though asking family members and friends for money can seem difficult, it is recommended if you know you can pay the next paycheck. This option is completely interest-free and you don’t have pay any fees. But, if you fail to honor your promise, it could cause irreparable damage to your relationship.

Conclusion

Predatory lending continues to be a problem despite the many laws protecting borrowers. You should do your research to find the right lender for you if money is needed. Avoid predatory loans by looking for alternatives such as borrowing from friends.

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Consolidate your debt in 5 steps https://videoin.org/consolidate-your-debt-in-5-steps/ https://videoin.org/consolidate-your-debt-in-5-steps/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/consolidate-your-debt-in-5-steps/ So you’ve decided that consolidation is your best bet for getting your debt under control. Consolidating through a personal loan could allow you to pay off high interest debt, simplify your payments, and reduce your debt faster. Here are five steps to get a personal loan for debt consolidation, from checking your credit to closing […]]]>

So you’ve decided that consolidation is your best bet for getting your debt under control. Consolidating through a personal loan could allow you to pay off high interest debt, simplify your payments, and reduce your debt faster.

Here are five steps to get a personal loan for debt consolidation, from checking your credit to closing the loan.

1. Check your credit

A bad credit score (300 to 629 on the FICO FICO,
-2.21%
scale) may not disqualify you from all loans, but consumers with a good to excellent credit rating (690-850 FICO) are more likely to get approved and get a low interest rate.

Ideally, the new consolidation loan would have a lower rate than the combined interest rate on your current debts. A lower rate reduces the overall cost of your debt and shortens the repayment period.

If your credit score isn’t at a level where you can get a lower rate, take the time to strengthen it. Here’s how:

  • Catch up on late payments. Late payments are reported to the credit bureaus after 30 days of late payment and can reduce your credit score by 100 points or more. If you are within the 30 day window, there is still time to submit your payments.

  • Check for errors. Errors on your credit report, such as bad debt payments or accounts incorrectly marked as closed, could hurt your score. Check your free credit reports once a year at AnnualCreditReport.com, and if you find any errors, dispute the errors.

  • Pay off small debts. Debts owed represent 30% of your credit score. See if you can pay off the high interest credit cards before you consolidate. It also improves your debt to income ratio, which can help you get a lower rate on the consolidation loan.

2. List your debts and payments

Now make a list of the debts you want to consolidate. This can include credit cards, store cards, payday loans, and other high rate debt. You will want the proceeds of your loan to cover the sum of your debts.

Don’t Miss: It’s The Easiest Money Rule Ever: Don’t Be A Debt Zombie

Add up the amount you pay each month for your debts and check your budget for any spending adjustments you would need to make to continue paying off your debts. The new loan should have a lower rate and a monthly payment that fits your budget. Commit to a repayment plan within your budget.

3. Compare loan options

It’s time to start shopping for a loan. Online lenders, credit unions, and banks all offer personal debt consolidation loans.

  • Online lenders cater to borrowers with all ranges of credit, although loans can be expensive for those with bad credit. Most allow you to pre-qualify so you can compare personalized rates and terms without impacting your credit score.

  • Bank loans work best for those with good credit, and customers with an existing banking relationship may qualify for a rate reduction.

  • Credit unions are non-profit organizations that can offer lower rates to borrowers with bad credit. You must become a member to apply for a loan, and many credit union loans require a significant effort with your application, which can temporarily affect your credit score.

Look for lenders who offer direct payment to creditors, which simplifies the consolidation process. After the loan closes, the lender sends the proceeds of your loan to your creditors at no additional cost.

Other features to consider include: payments reported to credit bureaus (on-time payments can help your credit score); flexible payment options; and financial education and support.

4. Apply for a loan

Lenders will ask for several documents to complete the loan process, including proof of identity, proof of address, and income verification.

Make sure you read and understand the fine print of the loan before signing, including any additional fees, prepayment penalties, and whether payments are reported to the credit bureaus.

See also: 7 Ways to Handle a Debt Collection Litigation

If you don’t meet the lender’s requirements, consider adding a co-signer with good credit to your application. This can help you get a loan that you would not qualify for on your own.

5. Close the loan and make the payments

Once you’ve been approved for a loan, the process is almost complete.

If the lender offers direct payment, they will pay your loan proceeds to your creditors, paying off your old debts. Check your accounts for a zero balance or call each creditor to make sure the accounts are paid off.

Read more: Kevin O’Leary Says You Must Have All Your Debt Paid By Age 45 Including Your Mortgage

If the lender does not pay your creditors, you will pay off each debt with the money deposited in your bank account. Do this right away to avoid additional interest on your old debt and to eliminate the temptation to spend the loan money on something else.

Finally, within about 30 days, make your first payment on your new consolidation loan.

More from NerdWallet:

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New Air Force One gets a makeover in red, white and blue https://videoin.org/new-air-force-one-gets-a-makeover-in-red-white-and-blue/ https://videoin.org/new-air-force-one-gets-a-makeover-in-red-white-and-blue/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/new-air-force-one-gets-a-makeover-in-red-white-and-blue/ President Donald Trump has said Air Force One is getting a patriotic makeover. Trump says the familiar baby blue color of the presidential plane will give way to a red-white-and-blue color scheme. Updated models could be in use for a potential second term. The President made the announcement in an interview with CBS News that […]]]>

President Donald Trump has said Air Force One is getting a patriotic makeover.

Trump says the familiar baby blue color of the presidential plane will give way to a red-white-and-blue color scheme. Updated models could be in use for a potential second term. The President made the announcement in an interview with CBS News that aired Tuesday.

Trump said he was wondering, after making a deal with Boeing for the new plane, whether to stick with the baby blue color that is recognized around the world.

He said he decided not to.

“Air Force One is going to be amazing,” Trump said. “It will be the top of the line, the best in the world, and it will be red, white and blue, which I think is appropriate.”

Separately, White House press secretary Sarah Huckabee Sanders said on Wednesday that the Air Force had awarded a “firm fixed price” contract to Boeing to design, modify, test, certify and deliver two presidential jets. “mission ready” by 2024. They ‘I will replace the current versions of the Boeing 747 used by the President, which are 31 years old.

Sanders said the contract set the total price for the two completed planes at $ 3.9 billion. She said this represents a savings of over $ 1.4 billion from the $ 5.3 billion originally proposed.

Trump tweeted in December 2016, after his election, that the costs of the program were “out of control, over $ 4 billion.” He added: “Cancel the order! “

Boeing chief executive Dennis Muilenburg and Trump have met on several occasions to discuss the Air Force One contract.

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Workers get faster access to wages with these new apps https://videoin.org/workers-get-faster-access-to-wages-with-these-new-apps/ https://videoin.org/workers-get-faster-access-to-wages-with-these-new-apps/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/workers-get-faster-access-to-wages-with-these-new-apps/ For more workers across America, every day is a payday. Uber Technologies Inc., McDonald’s Corp. and Thriving brands Inc. Outback Steakhouse is one of a growing group of employers providing workers with near instant access to their paychecks through breakdown apps. New tools that allow people to spend the money they just earned have provided […]]]>

For more workers across America, every day is a payday.

Uber Technologies Inc., McDonald’s Corp. and

Thriving brands Inc.

Outback Steakhouse is one of a growing group of employers providing workers with near instant access to their paychecks through breakdown apps.

New tools that allow people to spend the money they just earned have provided some workers with an alternative to short-term, high-interest loans, according to tech startups offering the services. The payment plan can also increase employee attendance and seniority, according to managers.

Employers in the retail, restaurant and service industries are looking for inexpensive perks to attract and retain employees in the face of low unemployment. For workers, immediate access to cash can provide cash to cover emergency costs, but economists say it’s not clear whether smaller, more frequent paychecks will help struggling U.S. households. financial.

“It’s almost like a drug,” says Ed Shaw, executive vice president of human resources at Caspers Co., which operates 54 McDonald’s restaurants in Florida.

About 1,300 franchisor employees have signed up to use a smartphone app, Instant Financial, since Caspers began testing it in April. Workers quickly got into service, Shaw says, as evidenced by waves of angry phone calls he received from workers on the rare occasions the app experienced a problem.

Every day at 10 a.m., the app notifies users of how much they have earned during the previous working day, prompting them to decide whether they want to deposit up to half of that money on a card. of debt. About 20% of employees accept money every day, says Shaw, who has looked at aggregate usage data.

Instant Financial does not cost employees anything and instead charges business owners a fee to operate the money distribution service. Other apps have a revenue model that consumes up to $ 3 of a worker’s daily salary.

Daily payments could help some workers ease the financial volatility of fluctuating work schedules and incomes, economists say.

Many Americans remain on fragile financial bases with little savings years after the end of the recession. This prompts some 12 million consumers to take out payday loans each year, which quickly accumulate interest and fees, according to a study by Pew Charitable Trusts.

Easily available cash can make it even more difficult for some workers to build up savings.

Barbie Roland, shift supervisor at Hardee’s in Callahan, Fla., Says it took her a few weeks to figure out how often to cash in her daily earnings, after being surprised how little was left on payday. She took so many daily payments in the first Instant Financial app test in October that her bi-weekly paycheck went from around $ 900 to $ 500.

“I said to myself: did I really insist on accepting that many times? Said Mrs. Roland.

Since then, she’s learned that it’s easier to budget if she cash in three days out of the five days she works, on average, making about $ 41 home for the day, or half of her. wage of $ 10.25 per hour.

“In some ways, employers are actually helping you save money by not paying you until the end of the month,” says Jonathan Morduch, professor of economics at New York University and director of the center. school’s Financial Access Initiative research.

Even so, instant payout benefits are growing in popularity. More than 4,500 Outback Steakhouse employees in the United States receive their tips through Instant Financial, and ridesharing services like Uber and Lyft offer similar functionality to other payroll partners for hundreds of thousands of drivers.

Services have produced unexpected benefits, according to managers: Employees are more willing to work longer because they see immediate results from their work.

The 86 crew members using Instant Financial at a McDonald’s restaurant in Tampa, Fla., Now show up less often due to illness, said general manager Rebecca Kyeretwie. Before, she had to find workers to cover about 10 hours a week when others didn’t show up.

“People are begging to come to work now,” said Ms. Kyeretwie, a 21-year McDonald’s veteran, who added that she can now reliably set restaurant hours in advance. Ms Kyeretwie says she doesn’t use the app personally, as she struggled to integrate it into her bill payment and investment cycle.

Lawrence Davis quit a $ 400-a-week warehouse job about a year ago to become a courier at DoorDash Inc., drawn to the idea of ​​getting paid after every shift.

“It’s a blessing,” says Davis. While working full-time in his previous job, he says he sometimes relied on short-term loans and cash advances if he needed the cash quickly to cover unforeseen costs.

“Knowing that I’m going to get paid instantly allows me to work every day and keep in mind the goals I’m trying to achieve,” says Davis. He says he typically works around nine or 10 hours a day, stopping when he’s earned around $ 250, before taxes.

DailyPay Inc., a fintech startup, administers the benefit for DoorDash and other companies, including

GrubHub Inc.

DailyPay typically charges workers a fee of $ 1.25 to $ 3 each time they deposit their earnings into their account. The cost doesn’t bother Mr. Davis, he says, because he earns three or four times as much as in his last job.

Write to Kelsey Gee at kelsey.gee@wsj.com

Copyright © 2021 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Airbus looks to a future of unmanned aircraft | The independent https://videoin.org/airbus-looks-to-a-future-of-unmanned-aircraft-the-independent/ https://videoin.org/airbus-looks-to-a-future-of-unmanned-aircraft-the-independent/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/airbus-looks-to-a-future-of-unmanned-aircraft-the-independent/ Airbus is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial airliners, thus helping to reduce costs for carriers, said Paul Eremenko, chief technology officer. “The most disruptive approach is to say that maybe we can reduce the crew requirements of our future aircraft,” Eremenko told Bloomberg Television. […]]]>

Airbus is looking to develop autonomous aircraft and technologies that will allow a single pilot to operate commercial airliners, thus helping to reduce costs for carriers, said Paul Eremenko, chief technology officer.

“The most disruptive approach is to say that maybe we can reduce the crew requirements of our future aircraft,” Eremenko told Bloomberg Television. “We are pursuing single-pilot operation as a potential option and many of the technologies required to achieve this have also set us on the path to unmanned operation. “

The aerospace industry has started to see a trend similar to that of the automotive market, where automakers are investing or acquiring self-driving startups. Aircraft manufacturers, including Airbus and Boeing, are fighting to develop artificial intelligence that will one day allow computers to fly planes without humans at the controls.

Turning this idea into practical reality won’t be easy in an industry where at least two pilots in the cockpit have been the norm for commercial flights for decades. After a Germanwings pilot flew an A320 plane in the French Alps in March 2015, killing all 150 people on board, many airlines around the world made it mandatory for at least two people to be in the cockpit to any time.

In addition to the lack of a transport-category aircraft certified for a single pilot or unmanned flight, it is not clear whether passengers or their insurers or carriers would accept or allow it, the consultant said. aviation Robert Mann, a former executive of American Airlines.

“People are probably worried about this stuff,” said Shukor Yusof, founder of aviation consulting firm Endau Analytics in Malaysia. “You have driverless cars, driverless buses, but for something that flies it’s something different.”

Airbus has a division called Urban Air Mobility which is exploring technology from on-demand helicopter tours to delivery drones. Boeing announced last month that it bought a company that develops flying taxis for Uber and also bought a hybrid electric aircraft company.

Last week, Airbus agreed to set up an innovation center in Shenzhen, China, near Hong Kong. The facility will help speed up the research needed to chart the future of air transport, and China will provide Airbus with the opportunity to design and develop such technologies, Eremenko said.

Take a leap

“I think the general aviation space in China has just opened up,” Eremenko said in Hong Kong. “There is an opportunity for China to take a leap forward as it has been inclined to do in other fields and to design the aerospace system, to design the regulatory regime to be forward-looking, forward-looking. the future to enable urban air mobility. “

The Toulouse-based company is also exploring technologies that will bring more automation to the cockpit of aircraft, which could help solve the pilot shortage in countries like China, which is expected to become the world’s largest aviation market in less time. of a decade. Discussions are underway with Chinese companies such as Baidu to find ways to apply autonomous vehicles to the aviation industry, Eremenko said.

Boeing estimates that 637,000 pilots will be needed to fly commercial aircraft around the world over the next two decades. The industry must find ways to produce more cockpit crews, as only 200,000 pilots have been trained since the aviation industry began, Eremenko said.

Airbus’ A3 Silicon Valley think tank has been working on its Vahana flying taxi project, which is expected to undergo its first test before the end of this year. The unmanned electric vehicle could be hailed like a conventional cabin, but won’t get stuck in traffic. The one-person flying machine could cut commuting times for city dwellers over a distance of 50 miles, according to Airbus.

Bloomberg

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East End payday loan mogul Henry Smith and his VERY glamorous daughters https://videoin.org/east-end-payday-loan-mogul-henry-smith-and-his-very-glamorous-daughters/ https://videoin.org/east-end-payday-loan-mogul-henry-smith-and-his-very-glamorous-daughters/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/east-end-payday-loan-mogul-henry-smith-and-his-very-glamorous-daughters/ Meet the glamorous family behind a payday loan company that has been ordered to pay over £ 34million for treating over 97,000 clients unfairly. The Garrit-Smith clan could be seen enjoying an exotic vacation jet-set lifestyle despite thousands of CFO Lending clients complaining that their money had been taken from their bank accounts without authorization. […]]]>

Meet the glamorous family behind a payday loan company that has been ordered to pay over £ 34million for treating over 97,000 clients unfairly.

The Garrit-Smith clan could be seen enjoying an exotic vacation jet-set lifestyle despite thousands of CFO Lending clients complaining that their money had been taken from their bank accounts without authorization.

Founder and investor Henry Smith, an East End real estate mogul, said he worked with the Financial Conduct Authority (FCA) during its investigation and the FCA has now forced the loan company to pay over £ 34million.

Mr Smith, his wife and daughters, could be seen enjoying lavish parties, vacations and boarding private planes as complaints against the company mounted.

Companies House records show that Mr Smith, 54, a real estate developer, was the largest shareholder. His group Aitch has loaned the company millions of pounds.

Golden Lives: CFO Lending Founder Henry Smith with his daughters Shauna, Brogan and Keara, and his wife Faye

Henry Smith's daughters Brogan and Shauna Garrit-Smith

Pose: Brogan and Keara in a social media post

Social media: Brogan and Shauna Garrit-Smith, Henry Smith’s daughters (left) posing in bikinis and Brogan and Keara (right) in dresses

Mr Smith, who launched CFO in 2008, toured Italy and Switzerland in a Ferrari with his wife Faye, as the company was under investigation for questionable business practices.

Social media posts show the couple arm in arm on sunny Mediterranean beaches and dressed in their finery at lavish parties.

Far from the glamor, complaints against CFO Lending were starting to mount.

And after facing 246 astonishing investigations by the financial mediator, the company was forced to reimburse its victims for its unfair practices.

Talk to The sun Marc Gander of the Consumer Action group called these actions “parasitic abuse”.

High life: Glamorous family enjoyed a golden lifestyle of exotic vacations abroad and private jet travel

High life: Glamorous family enjoyed a golden lifestyle of exotic vacations abroad and private jet travel

Partying: Brogan Keara and Shauna Garrit-Smith's daughters were also on CFO Lending's board and held small stakes

Partying: Brogan Keara and Shauna Garrit-Smithdaughters were also on the board of CFO Lending and had small stakes

The lender took money from customers’ accounts without authorization, charged them more than they owed and sent threat letters and text messages, the Financial Conduct Authority found.

The company was ordered to write off debts of almost £ 32million and make cash payments of £ 2.9million to customers. The company was also banned from offering loans.

C FO Lending, which was based in an office in Leytonstone, east London, was the parent company of six other payday lenders: Payday First, Flexible First, Money Resolve, Paycfo, Payday Advance and Payday Credit.

Model: Girl Keara, 24, from Loughton, Essex, is a Diva agency model in Dubai according to her website and has worked for Goldman Sachs

Model: Girl Keara, 24, from Loughton, Essex, is a Diva agency model in Dubai according to her website and has worked for Goldman Sachs

Smith, 54, is still the largest shareholder but has never served on the board of directors.

Company records show that between July 2011 and September 2014, his three daughters – Brogan Garrit-Smith, 25, Keara Garrit-Smith, 24, and Shauna Garrit-Smith, 22 – were on the board of administration and held small stakes.

Smith’s wife, 45, was also a director and shareholder. The four women each held 500 shares of the company until May 2015, according to CFO Lending’s latest annual report.

Smith’s wife and daughters were all directors and investors in the company when she agreed with the regulator in August 2014 to conduct an independent investigation into its business practices. They all resigned a month later.

Social media posts around the time of the investigation showed Keara was dividing her time between Los Angeles and Las Vegas. The 24-year-old, from Loughton, Essex, who worked for Goldman Sachs, was also a model for the Diva agency in Dubai.

Keara and Brogan Garrit-Smith: Family shares many photos on their social media from their travels around the world

Keara and Brogan Garrit-Smith: Family shares many photos on their social media from their travels around the world

A photo on Instagram from last December shows Keara, who works as an assistant at investment bank Goldman Sachs, about to board a private jet from the Harrods Aviation VIP terminal at Stansted Airport.

Her older sister Brogan has taken many trips abroad in recent years. She attended a ‘pool party’ in Hollywood, relaxed on the sunny beaches of Ibiza and regularly visited the popular resort town of Marbella in Spain.

When a friend of hers appeared to joke that she was away on many vacations, Brogan wrote on Facebook: “God loves a traveler.”

Earlier this year, she posted a post that read, “I love the simple things in life like spending my money recklessly and being a disappointment to my family.”

Keara and Brogan: The sisters' social media accounts show them frequenting upscale London bars and hotels, including the Chiltern Firehouse in Marylebone and the Savoy in The Strand

Keara and Brogan: The sisters’ social media accounts show them frequenting upscale London bars and hotels, including the Chiltern Firehouse in Marylebone and the Savoy in The Strand

More recently, the sisters’ social media accounts show them frequenting upscale London bars and hotels, including the Chiltern Firehouse in Marylebone and the Savoy in The Strand.

Earlier this week, Brogan, who works for US investment bank Morgan Stanley, posted a photo of his dog sitting on the wing of a private jet with the message: “Someone is not impressed by ‘be back in London … Me and Rolo. “

Neither Smith nor any of his family appear to have worked directly for CFO Lending and neither have been charged with wrongdoing.

A CFO Lending spokesperson said: “The current board of directors was appointed to CFO Lending Limited in January and February 2015. The current board has worked closely with the FCA to identify historical issues that have resulted in poor results for consumers. “

Smith claimed there was a “remarkable difference” in the business now compared to before January 2015.

He said: “As an investor, I am very happy to report that once the operational management of CFO Lending changed in January 2015, CFO’s behavior towards its clients has improved as well as its relationship. with the FCA. ”

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Travel restrictions extended to Croatia and Austria – but lifted for Portugal https://videoin.org/travel-restrictions-extended-to-croatia-and-austria-but-lifted-for-portugal/ https://videoin.org/travel-restrictions-extended-to-croatia-and-austria-but-lifted-for-portugal/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/travel-restrictions-extended-to-croatia-and-austria-but-lifted-for-portugal/ The latest changes to travel rules come amid growing concern over rising rates of coronavirus in much of Europe. Last week, similar restrictions were applied to travel to France, the Netherlands and elsewhere, while Spain and Belgium are also among the countries where quarantine requirements are reimposed. For full help if you are in or […]]]>

The latest changes to travel rules come amid growing concern over rising rates of coronavirus in much of Europe. Last week, similar restrictions were applied to travel to France, the Netherlands and elsewhere, while Spain and Belgium are also among the countries where quarantine requirements are reimposed.

For full help if you are in or planning to travel to one of the affected countries, see your rights when travel restrictions are reimposed. See also our Spain travel assistance and France travel assistance if you have been affected by travel restrictions to these countries.

How are travel restrictions changing?

Here’s what’s going on:

  • Starting at 4 a.m. on Saturday August 22, travelers arriving from Croatia, Austria and Trinidad and Tobago SHOULD quarantine for two weeks but those arriving from Portugal will no longer have to do so. This includes returning British holidaymakers. Quarantine rules apply if you have visited one of the affected countries or made a “transit stop” (where you can get on or off a coach, plane or ferry) at in the last 14 days.

    Travelers arriving in Scotland from Switzerland from Saturday will also need to be quarantined – although this does not apply to travelers arriving in England, Wales or Northern Ireland. The rules apply if you are traveling to Scotland and have been in Switzerland within the last 14 days.

  • The Foreign and Commonwealth Office (FCO) is now warning against all non-essential travel to Croatia, Austria and Trinidad and Tobago – but has lifted its warning for Portugal. An FCO warning is often a key trigger for travel insurance – for example, it means that if you decide to travel anyway, your insurance probably won’t cover you.
  • The British are not told to come home early. The FCO does NOT advise UK travelers already in Croatia, Austria or Trinidad & Tobago to cut their trip short and return early at this point.

The FCO reports that 875,000 Britons visited Croatia in 2019 and 980,000 visit Austria each year.

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Payday lender Wonga ‘on the brink of collapse’ after surge in compensation claims https://videoin.org/payday-lender-wonga-on-the-brink-of-collapse-after-surge-in-compensation-claims/ https://videoin.org/payday-lender-wonga-on-the-brink-of-collapse-after-surge-in-compensation-claims/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/payday-lender-wonga-on-the-brink-of-collapse-after-surge-in-compensation-claims/ Wonga has lined up potential directors after an increase in compensation claims pushed the payday lender to the brink of collapse, according to reports. The company said it was “looking at all options” just weeks after shareholders injected £ 10million in a bid to keep it from going bankrupt. According to Sky News, Wonga has […]]]>

Wonga has lined up potential directors after an increase in compensation claims pushed the payday lender to the brink of collapse, according to reports. The company said it was “looking at all options” just weeks after shareholders injected £ 10million in a bid to keep it from going bankrupt.

According to Sky News, Wonga has appointed financial services firm Grant Thornton to act as administrator in the event the lender’s board decides it cannot avoid insolvency. Earlier this month, Wonga said his struggles were due to a “significant” industry-wide increase in the number of people making claims over historic loans. The lender blamed claims handling companies for the rise, but said it was making progress on a defined transformation plan for the company.

On Sunday, Wonga said the number of complaints about UK loans taken before 2014 had “accelerated further”. “Against this backdrop of demands, Wonga’s board continues to assess all options regarding the future of the group and all of its entities,” the company told the BBC.

Wonga has faced a barrage of criticism over the high interest she charges on her loans and has been accused of targeting vulnerable people. In 2014, the company put together a new management team and wrote off £ 220million debt belonging to 330,000 customers after admitting to making loans to people who could not afford to repay them. . That same year, the Financial Conduct Authority said it would introduce tighter affordability controls for the industry and introduce a 0.8% cap on the cost of payday loans on the amount borrowed per day.

Wonga’s consumer loan income plummeted from £ 217.2million to £ 77.3million in 2015, calling into question ‘tighter lending criteria’ and the introduction of the cap regulatory prices. Company president Andy Haste said at the time that he hoped 2016 would be a “turning point” in the company’s financial performance and that he expected to return to profit the following year. – PA

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Protect Chicago’s Children and Ban the Sale of All Flavored Tobacco Products https://videoin.org/protect-chicagos-children-and-ban-the-sale-of-all-flavored-tobacco-products/ https://videoin.org/protect-chicagos-children-and-ban-the-sale-of-all-flavored-tobacco-products/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/protect-chicagos-children-and-ban-the-sale-of-all-flavored-tobacco-products/ Earlier this summer, Ald. Matt O’Shea and Ald. Roderick Sawyer introduced a strong ordinance which end the sale of all flavored tobacco products, including menthol cigarettes, electronic cigarettes and flavored cigars. In response to pressure from the tobacco industry, however, a watered-down version of the ordinance, which would exempt menthol cigarettes and flavored cigars, is […]]]>

Earlier this summer, Ald. Matt O’Shea and Ald. Roderick Sawyer introduced a strong ordinance which end the sale of all flavored tobacco products, including menthol cigarettes, electronic cigarettes and flavored cigars. In response to pressure from the tobacco industry, however, a watered-down version of the ordinance, which would exempt menthol cigarettes and flavored cigars, is now circulating at City Hall.

Let me be clear: the menthol exemption would perpetuate health inequity in Chicago, protecting some children from the predatory, profit-driven tobacco industry while others are left to fend for themselves. .

More than half of children who smoke use menthol cigarettes, and menthol is most popular with children in black and Latino communities. Any prescription that exempts these products does not protect children of color in our city, those who are most likely to suffer from the deadly effects of smoking.

SEND LETTERS TO: letters@suntimes.com. Please include your neighborhood or hometown and a phone number for verification. Letters should be around 350 words or less.

Chicago has the largest life expectancy gap in the country. Some Chicagoans in Streeterville can expect to live to be 90 years old, while in parts of Englewood, just 11 miles to the south, life expectancy is only 60 years. Tobacco-related illnesses are a major driver of the gap, and an exemption for menthol cigarettes perpetuates an already devastating inequality.

It’s time to protect all of Chicago’s children, no matter what neighborhood they live in. Let’s end the sale of all flavored tobacco products in our city.

Jairo A. Mejia, MD
American Heart Association Metro Chicago Board of Directors
Chief Physician, ACCESS Community Health Network

Give students a break from O’Hare noise

At the start of the 2020-2021 school year, most of our students will be taking home classes due to the pandemic. Our kids need a break from the noise pollution at O’Hare Airport.

There are already many barriers to distance learning, without the addition of planes flying over up to 1 1??2 minute intervals. Most of the nearby school buildings have been soundproofed. But thousands of homes are still subject to overflights above 60 decibels. Not only is the quality of life of residents at stake, there is the risk of losing our children’s education.

It’s time for our elected officials to demand that the Federal Aviation Administration adjust low flight patterns to higher altitudes and reorient overflights over heavily populated areas.

It’s bad enough to have interrupted sleep at night. Now we are playing with the education of our children.

It took a pandemic to reduce the number of O’Hare plane flights over homes, parks and schools. But high noise levels remain.

Stephen Lushniak, Edison Park

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Amazon unveils cargo plane, first in fleet of 40 | The independent https://videoin.org/amazon-unveils-cargo-plane-first-in-fleet-of-40-the-independent/ https://videoin.org/amazon-unveils-cargo-plane-first-in-fleet-of-40-the-independent/#respond Tue, 09 Mar 2021 11:34:58 +0000 https://videoin.org/amazon-unveils-cargo-plane-first-in-fleet-of-40-the-independent/ Amazon is set to launch its first branded cargo plane on Friday, one of 40 fleets to be deployed as the e-commerce giant seeks to take more control of its delivery network. The company has already started to take control of its air deliveries, leasing 10 dedicated planes since 2015, but it is the first […]]]>

Amazon is set to launch its first branded cargo plane on Friday, one of 40 fleets to be deployed as the e-commerce giant seeks to take more control of its delivery network.

The company has already started to take control of its air deliveries, leasing 10 dedicated planes since 2015, but it is the first to carry the brand in the colors of Amazon.

The plane, named Amazon One, was unveiled behind closed doors Thursday and will be officially presented on Friday with a flyby at the Seafair Air Show in Seattle, the tech company’s hometown.

“The creation of an air transportation network extends our ability to deliver exceptional delivery speeds to our Prime members for years to come,” said Dave Clark, senior vice president of global operations.

“I can’t imagine a better way to celebrate the inaugural flight than in our hometown at Seafair alongside Amazon employees and Seattle residents.”

Amazon has had issues with the reliability of air freight services. In 2013, it offered refunds to customers who received late Christmas orders after bad weather, and an increase in online shopping caused delays for its suppliers UPS and FedEx. Amazon did not say how this would affect its relationship with the two companies.

Analysts say it makes sense for Amazon to use an airline fleet it controls as another way to get its products to online shoppers drawn by fast delivery.

“It’s such a big online retailer,” said Satish Jindel, president of shipping consultant ShipMatrix. “There’s so much volume that if you have to add transportation for yourself, why would you pay a retail price when you can buy wholesale? It makes sense. ”

The Boeing 767 aircraft has the company’s name on its underside, “Prime Air” on its sides, and Amazon’s smile logo on its tail.

The company, which has seen its share price rise by more than 50% since its February low, has launched several initiatives to try to speed up deliveries.

In July, it launched an Uber-style mobile app that allows individuals to deliver for Amazon in the UK. The company launched its one-hour delivery service, Amazon Prime Now, in London in 2015. The company also took control of its own network of 4,000 trucks to increase transport capacity.

Founder Jeff Bezos said his ultimate goal is to use drones to deliver packages within 30 minutes for short trips. The plan took a step forward into reality in July when the government allowed Amazon to test the unmanned aircraft in UK airspace.

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