Blog Campcee Wed, 22 Sep 2021 19:52:46 +0000 en-US hourly 1 Blog Campcee 32 32 United Southeast Federal Credit Union in Tennessee appoints CEO | Journal of Credit Unions Wed, 22 Sep 2021 18:54:00 +0000

United Southeast Federal Credit Union in Bristol, Tennessee, has appointed Shelly Brown as president and CEO.

Brown has worked in the credit union industry for almost 35 years, including more than 20 with the $ 202 million in assets United Southeast, most recently as senior vice president of operations.

“I am honored to have been chosen as the new President and CEO of United Southeast Federal Credit Union,” Brown said in a press release. “We have a wonderful team of talented people here who are dedicated to our members and providing them with the best possible service. I am excited about the opportunity to serve our members and grow our credit union while continuing to be involved in our communities. “

Originally established in 1941 to serve the needs of employees of the Inter-Mountain Telephone Company, the USFCU has since grown to serve its members across Tennessee and Virginia.

“I am excited about the opportunity to serve our members and grow our credit union while continuing to be involved in our communities,” said Shelly Brown, who was appointed CEO of United Southeast Federal Credit Union in September.


“When the Credit Union Board of Directors faced the challenge of finding a new Chairman / CEO, we knew we had a strong ‘bench force’ within Credit Union itself,” Gary King, President of the CFSU Board of Directors, told reporters. “Shelly Brown brings years of experience in the management and operations of Credit Union to her new role as President / CEO, and he not surprisingly she was chosen to lead the CFSU in the future. ”

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Survey: For Americans with Unsecured Debt, Credit Cards Are Main to Blame Wed, 22 Sep 2021 15:37:25 +0000 A late-August 2021 US News & World Report survey shows that among Americans with unsecured debt, more …

A late-August 2021 US News & World Report survey shows that among Americans with unsecured debt, more than 53% say it’s mostly credit cards.

Credit card debt is considered unsecured debt, which means it is not tied to any asset, such as a house or a car. Respondents were asked what types of debt make up most of their unsecured debt, and in addition to credit cards, they cite:

– Personal loans, at nearly 21%.

– Medical debt, 12%.

– Payday loans, more than 5%.

About 52% of respondents report having between $ 10,000 and just under $ 40,000 in unsecured debt.

[Read: Best Balance Transfer Credit Cards.]

What interest rates do they pay

Almost 8% of respondents say they don’t know what their highest interest rate is, which is worrying. Among those who know their rates, here are the conclusions:

– About 35% declare an interest rate of 10% or less.

– More than 20% have a rate between 11% and 15%.

– More than 19% have a rate between 16% and 20%.

– Almost 16% have a rate between 21% and 25%.

– Almost 7% have a rate between 26% and 30%.

– Almost 4% have a rate greater than 30%.

Your interest rate depends on the type of debt you contract as well as your creditworthiness. With debt comes interest charges. Some types of unsecured debt, like credit cards and payday loans, charge compound interest.

This means that you pay interest on a balance that includes the interest charges from the previous month. With compound interest, your debt can grow quickly. Once you have fallen into this dangerous spiral, it is difficult to get out of it.

Why Americans struggle to get out of debt

Almost 42% of respondents say they have more unsecured debt than a year ago. When asked what the biggest challenges are in paying off their debt, about 20% say they are unforeseen expenses.

Other findings:

– About 19% have problems paying their bills on time.

– More than 15% have problems budgeting for payments.

– More than 15% cite irregular income as the culprit.

– About 13% say rising interest charges are a big factor.

– More than 7% have difficulty following multiple accounts.

How to pay off your debt

The first step is to identify what is preventing you from facing your debt. And if you determine that you have room for improvement in more than one area, that’s okay too. Be honest about your situation, then you can focus on one or more of these solutions:

– Automate your finances.

– Get a debt consolidation loan.

– Apply for a balance transfer credit card.

– Create an emergency fund.

– Get credit counseling.

Automate your finances

Almost one in five respondents say they do not pay their bills on time. If the problem is that you don’t have any money when the bill is due, you should contact your lender and explain your situation. Depending on the lender, it is possible to get into a hardship program while you catch up with your bills.

If it’s a timing issue, see if you can change the invoice due date. Move it over to a week when you have the cash to cover expenses.

But what if it was just a matter of forgetting? The simple solution is to automate your payments for as many invoices as you can. When you set up automatic payments with your bank or credit card, your lender deducts what you owe from your authorized bank account.

But make sure you have the funds in your bank account to cover the amount. Once you’re up to speed and pay your bills on time, you can start looking for ways to help you pay less interest on your debt.

[Read: Best Debt Consolidation Loans.]

Get a debt consolidation loan

When asked how to pay off their debts, about a quarter of respondents choose a debt consolidation loan as the most attractive option. With this type of loan, you consolidate your debts in order to reduce your number of creditors. And I hope you will get a lower interest rate and a lower monthly payment.

You need to make comparative purchases online. Compare rates and make sure you get the best deal you can qualify for.

It is important to note that it is not a good idea to consolidate medical debt. This can add interest charges to already heavy debt. Medical debt consolidation also removes consumer protections that apply to medical debt.

For other types of unsecured debt, however, a debt consolidation loan is a good option for those who do not have excellent credit scores. But if you have good credit, consider a balance transfer credit card.

Apply for a balance transfer credit card

With excellent credit, you should qualify for a credit card with balance transfer. These cards often come with an introductory annual percentage rate of 0% for a period of time, such as 12 to 18 months.

This gives you a chance to pay off (or at least decrease) the balance during the interest-free period. If you go this route, figure out what your monthly payment should be so that you have a zero balance before your regular APR starts.

[Read: Best Low-Interest Credit Cards.]

Build an emergency fund

If their debt was paid off, almost 23% of respondents said they would use the extra money to top up their emergency fund, which is a great choice. An emergency fund helps you survive a sudden financial crisis.

Even if you are in debt, try to allocate money from time to time to your emergency fund. Even a little bit helps.

Get credit counseling

If you think your debt is insurmountable, seek help. No matter how serious your situation, there is a solution. It may take a long time to repair, but starting today is the right decision.

You can contact the National Foundation for Credit Counseling to find a reputable credit counseling agency.

More American News

What is a delinquent credit card account?

Can I get a personal loan with bad credit?

What is a maximum credit card?

Survey: For Americans with Unsecured Debt, Credit Cards Are Main to Blame originally appeared on

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Financial experts urge credit card users to switch as APR hits record 26% Wed, 22 Sep 2021 13:36:10 +0000

The typical cost of a credit card purchase outside of a 0% introductory offer has reached the highest level yet in the records of a financial information website.

Between early June and late August 2021, the average purchase APR (annual percentage rate), including card fees, stood at 26%, the highest of Moneyfacts records that began in June 2006.

The selection of lower rate cards has worsened and there have been card withdrawals as well, Moneyfacts said. The findings were released as households face a cost-of-living crisis, with multiple pressures including soaring energy prices and other costs and impending cuts in universal credit.

Moneyfacts said there have been improvements to interest-free acquisition cards, now offering 316 days at 0% on average, down from 285 days in June.

Balance transfer fees also fell to 2.1% on average, from 2.28% a year ago, and the lowest since June 2018, when the average was 2.07%.

Rachel Springall, Financial Expert at Moneyfacts, said: “The cost of a credit card purchase outside of a 0% introductory offer has hit an all-time high due to a combination of changes.

She added, “As buying interest rates rise and 0% offers fluctuate, it is important that consumers stay on top of market developments and change where appropriate. “

Get the latest news on savings and benefits straight to your inbox. Sign up for our weekly Money newsletterhere.

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Suspect steals nearly $ 2,000 worth of perfumes from Franklin store Wed, 22 Sep 2021 13:18:33 +0000

Franklin Police are hoping someone in the community can recognize this suspect.

On September 10, he stole nearly $ 2,000 worth of perfume from the CoolSprings Galleria Ulta. The suspect drove off in a waiting black sedan, possibly a Toyota Corolla.

There is a cash reward for information Call Crime stoppers: (615) 794-4000
or click for send an anonymous eTip

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Entrust Authorizes Issuance of Digital Financial Cards with Acquisition of Antelop Solutions | Business Wed, 22 Sep 2021 06:02:17 +0000

MINNEAPOLIS – (BUSINESS WIRE) – September 22, 2021–

Entrust, a global leader in trusted identity, payments and data protection, today announced a definitive agreement to acquire Antelope solutions, a financial technology company that enables financial institutions to issue secure digital credit and debit cards to their customers. By combining Antelop’s solutions with the industry-leading Entrust card issuance portfolio, Entrust can help banks and financial institutions around the world create integrated and seamless digital and physical payment and payment experiences for their customers. clients.

This press release features multimedia. See the full version here:

Headquartered in Paris, Antelop Solutions was founded in 2014 and its customer base includes more than 40 leading banks in 25 countries. The company has around 30 employees who will join Entrust upon the acquisition, including founder and CEO Nicolas Bruley. He will continue to lead this team to advance digital financial identification solutions at Entrust. Terms of the contract are not disclosed.

“Consumers want to transact transparently and securely, anywhere in the world and across all platforms,” said Todd Wilkinson, CEO of Entrust. “Banks, credit unions and other financial institutions need to make digital and physical card payment options secure and easy for their cardholders. Entrust is the global leader in secure payment card issuance – the combination of Entrust and Antelop Solutions will provide financial institutions with an unrivaled portfolio of digital and physical ID issuance solutions and security solutions transactions.

“We are extremely happy to join the Entrust team,” said Nicolas Bruley, CEO of Antelop Solutions. “Our revolutionary technology dramatically reduces the complexity of issuing digital payment offers. As a certified partner Visa, Mastercard and Cartes Bancaires (CB), we can offer a fast and secure integration of all the functions of the card on a single digital payment identifier. This enables banks, credit unions and other issuers to offer true digital-first payment credentials that fully align with consumers’ expectations for simplicity and security. “

Antelope A digital card solution enables banks to securely deliver and manage digital cards in customers’ mobile applications with a single software development kit (SDK). This includes token management, NFC payments, client authentication, secure interface and APIs to launch digital cards in all major mobile wallets (i.e. Apple, Google, Samsung and more) . Antelop solutions are PCI-DSS certified and allow compliance with European PSD2 regulations.

“Entrust empowers our customers to meet the challenge of next-generation payment solutions,” said Mike Baxter, senior vice president of product development at Entrust. “By integrating Antelop’s secure digital financial credential solutions into the Entrust portfolio, customers will have access to the latest thinking and innovations in the consumer payments ecosystem. Entrust has been investing in and leading innovation in financial benchmarks for over 50 years, and we expect this to continue for decades. “

The acquisition should be finalized in the coming weeks. Cornet Vincent Ségurel provided legal advice to Entrust on the transaction. To learn more about the acquisition of Antelop by Entrust, visit Or if you participate Silver 20/20 Europe in Amsterdam come and see us in Hall 1 at stand D60.

About Antelop Solutions

Founded in 2014, Antelope is the Digital Card Partner of banks, certified Visa, Mastercard and CB, responding to their digitalization challenges. The company is digitizing secure cards and banking apps, enabling banks to go mobile and deploy fully digital card functionality into their mobile apps through a single software development kit (SDK). Supported by major international partners, Antelop’s solutions are active with more than 40 banks in more than 25 countries. Learn more about

About Entrust Corporation

Entrust safely moves the world forward by enabling trusted identities, payments and data protection. Now more than ever, people demand seamless and secure experiences, whether they cross borders, make a purchase, access eGovernment services, or connect to corporate networks. Entrust offers an unrivaled range of digital security and credential issuance solutions at the heart of all these interactions. With over 2,500 colleagues, a network of global partners, and customers in over 150 countries, it’s no wonder the world’s most trusted organizations trust us. For more information visit

View source version on

CONTACT: Media contact:

Ken Kadet, Vice-President, Public Relations, Entrust

952-937-1154 |



SOURCE: entrust

Copyright Business Wire 2021.

PUB: 09/22/2021 02: 00 / DISC: 09/22/2021 02:02

Copyright Business Wire 2021.

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These are the credit cards with the happiest customers Tue, 21 Sep 2021 19:43:50 +0000

A tip for finding the right credit card: consider one with no annual fee.

I suggest it after reading the latest JD Power Credit Card Customer Satisfaction Study. Customer satisfaction with a no-fee credit card is much higher than that of customers with annual fees. On a 1000-point scale, the no-charge cards received a customer satisfaction score of 747, while the charge cards scored 707.

Just over a fifth of card customers polled by JD Power said they changed their primary card in the past 12 months to avoid annual fees, up from 16% in 2020. The pandemic may help explain this trend – some households are in financial difficulty. and need to reduce costs, and others do not travel and therefore cannot use the rewards generated by the paid cards.

The story continues under the ad

Still, I wonder if there is anything to be said for a card that generates rewards without costing you an annual fee which typically goes up to $ 120 to $ 150 per year. Find out what’s available in the free category on websites like CreditcardGenious, GreedyRates,,, Savvy New Canadians, and Young & Thrifty.

The credit cards with the most satisfied customers come from Tangerine Bank, with a score of 822 out of 1,000. Canadian Tire and PC Financial followed with scores of 800 and 796. The industry average was 766. Give your opinion on the best credit cards in Canada by voting on the RewardsCanada website.

The biggest problem with customer service comes as no surprise – it’s poor service from call centers. JD Power said more and more card customers have noted cases this year “of being transferred, put on hold, requested multiple times for the same information, or having difficulty understanding the rep.”

Subscribe to Carrick on Money

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Rob’s Personal Finance Reading List

Now is the perfect time to renovate

The surge in wood prices at the height of the pandemic is over. If you waited, you win.

The best cashback sites

The Savvy New Canadians blog examines ways to make money shopping at specific retailers. Here is a similar list from

Why it’s a good thing that stock trading is treated like a game

A refreshing and contrarian take from a finance professor on the gamification of stock transactions by Millennials and Gen Z during the stock rally of the past year and a half. He argues that turning investing into a game is part of a process that will make young people better investors over time.

The story continues under the ad

Strange times in the housing market

It’s all about a land rush in Peoria, Ill., A Rust Belt town that has seen better times. People all over the United States have bought homes without seeing them. The reason: These inexpensive homes are their best chance of owning, and sometimes flipping, a home.

Ask Rob

Question: What is the cost of a financial planner? I was quoted between $ 6,000 and $ 8,000 as a base charge. I think it sounds high.

A: It sounds high, unless you have complex family estate needs – tax and estate planning, for example. While researching this column on the cost of a financial plan, I found that planners’ fees often range between $ 1,500 and $ 4,000.

Do you have a question for me? Send me. Sorry, I cannot respond to each one personally. Questions and answers are edited for length and clarity.

Today’s financial tool

US personal finance website NerdWallet has launched a Canadian operation offering beginner-friendly information on banking, mortgages, credit cards and more.

The cashless zone

Rolling Stone has updated and refreshed their list of the top 500 songs. More than half of the songs did not appear on the old list.

The story continues under the ad

Tweet of the week

Chinese real estate developer Evergrande’s debt problems rocked the stock market at the start of the week. here is a useful thread to familiarize you with the company and its current difficulties.

The truth about mortgages

What happened to these higher rates? What are the lowest rates currently? Where will they go next? Introducing Lower Mortgage Loans, a new bi-weekly take on what’s happening in the Canadian mortgage market by mortgage strategist Robert McLister. You can read the first one here.


What i wrote about
  • Canada’s first ETF designed specifically for retirees has been around for a year now – here’s what we learned
  • What Would Your Family’s Finances Look Like If You Were As Flippant About Debt As Federal Political Parties?
  • The most exaggerated warning in personal finance has been that rising rates will crush borrowers

More Rob Carrick cover and money

Subscribe to Stress Test on Apple or Spotify podcasts. For more money stories, follow me on Instagram and Twitter, and join the discussion on my Facebook page. Millennial readers, join our Gen Y Money Facebook group.

Even more coverage from Rob Carrick:

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Mahomes Capital’s debt consolidation scam is back Tue, 21 Sep 2021 18:23:03 +0000

Is Mahomes Capital a scam? We will let you judge.

Mahomes Capital entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3.04% to consolidate your high interest credit card debt. You will be directed to Mahomes Capital com or my Mahomes Capital com. More than likely, you will not qualify for any of their debt relief loans and they will try to turn you into a more expensive debt settlement product.

Ad Disclosure: We receive referral commissions from advertisers.
Learn more

This is nothing new. Many unscrupulous debt marketers have used it as a business model for years. They lure you in with the low interest rate, chain you in for a week, then let you know that you don’t qualify for a loan. They then offer you some very expensive debt settlement options.

Is Mahomes Capital legit or a scam? awarded Mahomes Capital 1 star (data collected and updated as of September 21, 2021). We hope the information below will help you make an informed decision on whether to do business with Coral Funding. We hope the information below will help you make an informed decision on whether to do business with Coral Funding.

  • Mahomes Capital operates two websites, Mahomes and myMahomes
  • Mahomes Capital is one of a collection of almost 50 websites that we have discovered. All of them are affiliated and listed below.
  • Our belief is that Mahomes Capital operates so many different websites in order to escape the huge amount of complaints and negative articles on the internet.
  • We advise you to exercise caution when working with Mahomes Capital. Affiliate websites have multiple negative reviews and scam complaints.
  • Mustang Advisors operates under the sovereign protection of the Mandan Nation, Hidatsa and Arikara (a / k / MHA Nation), a Native American tribe.

Mahomes Capital can probably be affiliated with the following websites:

  • Mustang Advisors
  • Hawkeye Associates
  • Dale Ready
  • Yellowhammer Partners
  • Big Apple Associates
  • Cornhusker advisers
  • Capital of the Bruins
  • Badger Advisors
  • Rockville Consultants
  • Snowbirds Partners
  • Gulf Street Advisors
  • Brice Capitale
  • Partners earlier
  • Associates of the Old Dominion
  • Harrison Financing
  • Johnson Funding
  • Taft Financial
  • Georgetown funding
  • Memphis Associates
  • Tate advisers
  • Patriot Funding
  • Malloy Loans
  • Plymouth Associates
  • Silvertail Associates
  • Safe Path Advisors
  • Coral funding
  • Neon financing
  • Cobalt Advisors
  • Saxton Partners
  • Hornet Partners
  • Associates of the colony
  • First state associates
  • Polk Partners
  • Scale advisers
  • Corey Advisors
  • Pennon Partners
  • Jayhawk Advisors
  • Clay Consultants
  • Great Lakes Associates
  • Pine Consultants
  • Alamo partners
  • Punching associates
  • Partners of the Montagne Blanche
  • Steele Advisors
  • Grand Canyon Advisors
  • Glider loan
  • Lucky Marketing
  • Golden State Partners
  • Pine Consultants
  • Derby Advisors
  • Graylock Advisors
  • Tuck Associates
  • Punching associates
  • Keel Partners
  • Ballast associates
  • Loan of tweed
  • Loan of competition
  • Graphite financing
  • August funding
  • Broadstar Financial
  • Financing Salvation
  • Loan of stallions
  • Pebblestone Financial
  • Sussex funding
  • Lafayette financing
  • Guardian Angel Funding
  • Bridgeline financing

Mahomes capital Reviews and ratings

Mahomes capital 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 SARL

At one point, Mahomes capital and its affiliate website operated as MEC Distribution, LLC. The Better Business Bureau launched its first alert on this company in February 2018:

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all the locations were vacant and building management explained that although the rent was paid by MEC Distribution, the spaces offices were not in use. MEC Distribution LLC has provided BBB with a mailing address for handling complaints in Bloomfield Township Michigan. BBB mail to this address was returned as “undeliverable as addressed – cannot be forwarded”. BBB does not currently 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 firm. In addition, BBB contacted the property management at Lafayette Funding claims in Bismarck, North Dakota, and learned that Lafayette is not located at this 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 the locations were vacant and the building management explained that although the rent was paid by MEC Distribution, the spaces offices were not in use. MEC Distribution LLC has provided BBB with a mailing address for handling complaints in Bloomfield Township Michigan. BBB mail to this address was returned as “undeliverable as addressed – cannot be forwarded”. BBB does not currently have a physical location for this business.

Mahomes capital BBB Reviews

You will not find a BBB file on Mahomes capital because the complaints have not yet started to flow. However, we have reviewed some complaints from its affiliate websites:

Cathy M. – 1 star reviewer

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

Terry W. – 1 Star Reviewer

Beware of bait and change mail. The conditions are “extremely different” from those advertised! It’s a waste of time.

My goal is to help others realize it’s a waste of time! Pebblestone Financial’s ad is certainly misleading in my opinion. After my conversation with Fred, his response was, “We can certainly help you… I’ll call you tomorrow morning with the details… prepare a pen and paper to jot down the numbers.” The sender understands in the fine print… This notice is not guaranteed if you do not meet selected criteria.

It also states, “This notice is based on information in your credit report indicating that you meet certain criteria. In my case, I’m not late on any payments, and neither will I. I am up to date on all unpaid debts and my credit history shows it. When Fred called the next morning… his terms were totally ridiculous and in my opinion “predatory loans”. When I ask Fred… are these the terms of the Pebblestone offer, he said yes. I replied, I am not interested in these terms and he immediately hung up the phone with no further conversation.

The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify in one payment and take advantage of the low pre-approved rate averaging 3.67%. While I currently pay 10.9% to 12.9% to credit card companies… this offer was attractive. The sender said in BIG BOLD: 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 comments before responding to this offer and did not see any negative comments. Now I see other very similar answers with the same “Bait and Switch” experience. Hopefully this will help others avoid wasting time in finding out about these unethical Pebblestone Financial practices.

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 Godfather of Payday Loans” 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 the “sovereign immunity” of the Modoc tribe. Oklahoma and the Santee Sioux tribe of Nebraska.

Why do we focus on Mahomes capitalNegative reviews of?

We urge you to do your own research and do your due diligence on any business, especially when it comes to your personal finances. We invite you to pay attention to 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 call.

Mahomes Capital Review

Mahomes Capital Review – Advise Caution

Mahomes Capital entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3-4% to consolidate your high interest credit card debt. You will be directed to Mahomes or my Mahomes More than likely, you will not qualify for any of their debt relief loans and they will try to turn you into a more expensive debt settlement product.

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Alaska USA wonders about its DCI journey: “Can we do better? “ Tue, 21 Sep 2021 17:30:26 +0000
DCI Advisory Committee members holding an award from the African American Credit Union Coalition. (Source: Alaska United States)

Diversity, Equity and Inclusion (DCI) has become a magnet for the credit union industry, especially since DCI became the eighth cooperative principle last year. DCI momentum continues to build as the Alaska USA Federal Credit Union announced that it has organized a new DCI advisory committee for the credit union.

The Anchorage, Alaska-based credit union ($ 10.3 billion in assets, 707,604 members) said on Monday it had created the new DCI advisory board to focus on delivering growth opportunities careers for internal talent; and investing financially in organizations that “improve society by recognizing differences and improving access to careers in financial services.”

According to Alaska USA, leaders were inspired by the racial justice protests in 2020, which made them wonder, “Can we do better?” The answer was ‘yes’.

In a statement released Monday, Shannon Conley, executive director of retail financial services for Alaska USA and ambassador for the DCI advisory board, said: “Our country and the world have witnessed many events involving discrimination, hatred and cruelty. As an organization, we have a social responsibility to be part of the solution.

According to Alaska USA, the credit union has made $ 75,000 in financial investments over the past ten months to the African American Credit Union Coalition (AACUC), the Global Women’s Leadership Network and the Filene Research Institute Center of Excellence. for diversity, equity and inclusion.

Conley said, “As credit unions and the broader business community have embraced diversity, equity and inclusion in meaningful and positive ways, we have also accelerated our journey. We have seen first-hand the value of cross-cultural discussions and new collaborative partnerships that will continue to guide our interactions, help us understand our commonalities, and unite in our commitment to evolve our internal and external communities.

It should be noted that recently Senior Vice President of Corporate Relations and DCI Alaska USA Advisory Board Member Dan McCue was inducted into the AACUS Hall of Fame for his work over the years. years aimed at increasing diversity within the credit union industry.

As part of DCI’s newly focused credit union efforts, Alaska USA has launched a DCI Employee Resource page to provide volunteer opportunities and update the employee base on more investments and goals. wide of DEI.

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Evergrande gave workers a choice: lend us money or lose your bonus Tue, 21 Sep 2021 13:03:13 +0000

When struggling Chinese real estate giant Evergrande ran out of cash earlier this year, it turned to its own employees with a strong case: Those who wanted to keep their bonuses should give Evergrande a short loan. term.

Some workers have asked friends and family for money to lend to the company. Others borrowed from the bank. Then, this month, Evergrande suddenly stopped repaying the loans, which had been billed as high-interest investments.

Now, hundreds of employees have joined panicked homebuyers to demand reimbursement from Evergrande, rallying outside the company’s offices across China to protest last week.

Once China’s most prolific real estate developer, Evergrande has grown into the country’s most indebted company. It owes money to lenders, suppliers and foreign investors. He owes unfinished apartments to homebuyers and has racked up over $ 300 billion in unpaid bills. Evergrande faces lawsuits from creditors and has seen its shares lose more than 80% of their value this year.