Marketing blog – Three Wise Men Blog http://threewisemenblog.com/ Thu, 31 Mar 2022 04:03:10 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://threewisemenblog.com/wp-content/uploads/2021/11/3.png Marketing blog – Three Wise Men Blog http://threewisemenblog.com/ 32 32 Michigan Tackles Dramatic Increase in Problem Gambling https://threewisemenblog.com/michigan-tackles-dramatic-increase-in-problem-gambling/ Thu, 31 Mar 2022 04:03:10 +0000 https://threewisemenblog.com/michigan-tackles-dramatic-increase-in-problem-gambling/ This article is part of Health, a series about how Michigan communities are stepping up to address health challenges. It is made possible thanks to funding from the Michigan Health Endowment Fund. Shelby Township resident Nicholas Tabarias’ initiation into problem gambling began in 2014, when he moved in with an aunt who frequently visited the […]]]>
This article is part of Health, a series about how Michigan communities are stepping up to address health challenges. It is made possible thanks to funding from the Michigan Health Endowment Fund.

Shelby Township resident Nicholas Tabarias’ initiation into problem gambling began in 2014, when he moved in with an aunt who frequently visited the casino.

“She loved to play slot machines and frequented the casino almost every day,” he says. “At first I would accompany her to the casino and watch her play, but eventually the sights and sounds and the idea of ​​the big win… turned into a gambling problem.”

Tabarias started going to the casino every day to play blackjack, Texas hold’em, and tournament poker. He also started showing up late for work or missing work altogether. He started gambling his paychecks, turned to payday loans, and eventually pawned his beloved musical instruments.

“I would lose all my money, rack up debt, and chase my losses by taking out more loans,” he says. “It was a vicious circle that was gradually destroying my life.”

When he wasn’t at the casino, he spent his time researching strategies, like card counting, to improve his chances of winning.

“I thought a big win would solve all my problems, I could take care of myself and my family, and life would be great,” Tabarias said. “Unfortunately that wasn’t the case. I was definitely digging a very deep hole. I had to hit rock bottom and realize that I was helpless in the face of the game, that my life had become unmanageable and seeking help.”

Tabaria’s first step on the road to recovery was to call the Michigan Problem Gambling Hotline. Help from Mike Moody, a licensed clinical psychologist who works with the helpline, and a referral to Gamblers Anonymous (GA) meetings were just what Tabarias needed to overcome his addiction.

“I love recovery meetings. You’re welcome with open arms. You’re in a non-judgmental zone and you’re with other people who have very similar stories,” Tabarias says. “It’s like a family unit. You can talk about what you’re struggling with. For me, that really made a difference.”

The Problem Gambling Helpline is a safe bet

Tabarias is far from alone in his problem gambling experience. His call to the problem gambling hotline was one of 4,400 made in 2021 – the first full year that online gambling was legal in Michigan. This number triples calls received in 2020. As online gambling has brought the state $20.5 million in tax revenue and other payments in January 2022 alone, referrals to gambling treatment increased by 42% from 2020 to 2021. The ongoing COVID-19 pandemic and resulting social isolation has left many Michiganders with downtime, stress and anxiety, which increases the urge to play d a problematic player.

“Online gambling led to an increase in gambling activity for those who were already engaged and visiting casinos and whatever their gambling activity of choice,” said Alia Lucas, treatment program manager and prevention of gambling disorders in Michigan. “Also, it introduced gambling as an individual game. If you add the increased accessibility with online gambling and sports betting, you now make it even more available. It’s right at your fingertips on your phone or your computer. You don’t have to leave your home. It’s definitely heightened gaming activity.”

The gambling disorder is classified as an addiction-related disorder in the Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition. Gambling addiction has the highest intentional suicide rate of any addictive disorder. Problem gamblers are 15 times more likely to commit suicide than the general public.

Signs of problem gambling include being preoccupied with how to get more gambling money; playing with increasing amounts of money; unsuccessfully trying to cut down or stop playing; feeling restless or irritable when trying to cut down; using gambling to escape from problems or relieve feelings of helplessness, guilt, anxiety or depression; try to recover lost money by playing more; lying about gambling; jeopardize relationships, school, or work opportunities; and steal or borrow to replace money that has been gambled.

“Gambling is a hidden addiction. There’s really no physical cue that you can assess to determine if someone is in over their head,” Lucas says. “It takes such a hold and puts such a hole in your life. Often compulsive gamblers see no other way out.”

The expectation of the big win further clouds players’ judgment. Lucas notes that people who win big when they first experience gambling have a 30% higher risk of problem gambling.

“One thing that makes this particular addiction difficult is that the world recognizes gambling as a recreational pastime,” Lucas said. “For a lot of people, it’s normalized in the household. I grew up with family members who played the lottery and I don’t think about it. Some family members may have gambling parties, or you can play bingo at church. We often dismiss problem gambling as a lack of self-control without viewing it as something beyond recreational gambling.”

The state symposium extended the work of the hotline

To Address the Rise in Problem Gambling, the Michigan Department of Health and Human Services Hosted a Virtual Meeting Gambling Disorder Symposium March 3-4, 2022. The event brought hope to people struggling with problem gambling, those who have loved ones who are problem gamblers, and practitioners who help others with problem gambling. Gambling addiction experts spoke to people who have experienced gambling problems. The symposium also discussed the increase in the number of young people struggling with gambling problems due to online gaming.
Brianne Doura-Schawohl.
“The game has changed, and so have problems,” says Brianne Doura-Schawohl, symposium keynote speaker and CEO of Doura-Schawohl Consulting, a government relations and gaming consultancy. “We are seeing, thanks to the proliferation of online sports and gaming, that hotlines across the United States are experiencing an increase in calls for help, many of whom are young men struggling with sports betting. now that it’s become much easier to play from your phone and from the comfort of your home.”

Doura-Schawohl notes that online access has evolved the game from a release or event to an ever-present temptation. What was once a single opportunity to bet on a sporting event has become a series of real-time bets throughout a match.

“If someone is struggling with gaming disorder, it will negatively impact eight to 10 other people around them. It really is a significant emotional and mental addiction,” says Doura-Schawohl. “The shame and stigma associated with gambling addiction is the worst of all addictions. Many people who struggle do so in silence.”

To further aggravate problem gambling, gamblers can place bets with credit cards and electronic wallets funded by credit cards. Other countries, like the UK, Spain, Australia, Germanyand Franceban credit cards and e-wallets and restrict gambling ads.

“With legalization, the aggressive marketing, promotions and bonus offers that are often dangled in front of people are enticing them to gamble more. People are probably gambling when they never would have, and it’s instantaneous” , says Doura-Schawohl. “We are attracting a whole new customer base with this wave and people are getting into gambling for the very first time. Many of them are young and unfamiliar with the risks of gambling.”

While the new generation of problem gamblers tends to be young, white, well-educated, and male, problem gambling does not discriminate. It is no longer relegated to certain populations. And its reach extends beyond financial ruin.

“Gambling involves risk, and so does that sip of alcohol,” says Doura-Schawohl. “Gambling disorders ruin lives. But there’s no reason anyone should struggle in silence. There is help. There is hope. And there are people who want to help. .”

Tabarias found his way to hope on the other side of problem gambling. He hasn’t played in a year and finds serving newcomers in his GA group helps him stay away from playing.

“They also remind me of what I went through. The program helped me change the way I think and live,” says Tabarias. “I was able to pay off my debts. I show up for work and show up on time.”
Nicolas Tabarias.
He also rediscovered his love of music, having released an album and playing shows with his father.

“It’s such a contrast,” says Tabarias.

To reach the Michigan Problem Gambling Hotline, call (800) 270-7117.

A freelance writer and editor, Estelle Slootmaker is happiest writing about social justice, wellbeing, and the arts. She is the development news editor for Fast growing media and The Tree Amigos chairs, City of Wyoming Tree Commission. Her greatest accomplishment is her five incredible adult children. You can contact Estelle at Estelle.Slootmaker@gmail.com or www.constellations.biz.

Photos of Nicholas Tabarias by Nick Hagen.

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Appointment of Alvaro Bedoya FTC to conduct Senate vote https://threewisemenblog.com/appointment-of-alvaro-bedoya-ftc-to-conduct-senate-vote/ Wed, 30 Mar 2022 19:35:19 +0000 https://threewisemenblog.com/appointment-of-alvaro-bedoya-ftc-to-conduct-senate-vote/ The Senate voted Wednesday, March 30 along party lines to move to a vote on the nomination of Alvaro Bedoya to fill the vacant Democratic seat on the Federal Trade Commission, which is currently tied politically 2-2. Vice President Kamala Harris had to cast the deciding vote. The Senate Commerce Committee’s vote to favorably report […]]]>

The Senate voted Wednesday, March 30 along party lines to move to a vote on the nomination of Alvaro Bedoya to fill the vacant Democratic seat on the Federal Trade Commission, which is currently tied politically 2-2. Vice President Kamala Harris had to cast the deciding vote.

The Senate Commerce Committee’s vote to favorably report Bedoya’s Senate nomination had been a 14-14 tie, requiring a vote in the Senate to offload the committee’s nomination before it could vote on Bedoya’s actual confirmation to the Senate. the FTC. That discharge vote was also a 50-50 tie, with 48 Democrats and two independents voting discharge and all Republicans voting against. Harris then took to the podium to cast the deciding vote.

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Credit scores are a financial trap. Here’s how I would fix it. https://threewisemenblog.com/credit-scores-are-a-financial-trap-heres-how-i-would-fix-it/ Tue, 29 Mar 2022 14:37:16 +0000 https://threewisemenblog.com/credit-scores-are-a-financial-trap-heres-how-i-would-fix-it/ So much in the world is broken right now. The planet is in turmoil, inequality is soaring, and government gridlocks are gloomier than ever. The Hollywood industrial complex regurgitates old stories and makes them worse, while music makers play more on the whims of algorithms than any sense of craftsmanship. Everything is so depressing. How […]]]>

So much in the world is broken right now. The planet is in turmoil, inequality is soaring, and government gridlocks are gloomier than ever. The Hollywood industrial complex regurgitates old stories and makes them worse, while music makers play more on the whims of algorithms than any sense of craftsmanship. Everything is so depressing. How I’d Fix It is Mic’s series of solutions to societal ills. Do you have a solution in mind? Email features@mic.com with your pitch and be sure to include “How I would fix it” in the subject line.

Have you ever heard someone say that money doesn’t exist? Well, they’re right, but in a more literal sense than you might imagine. Nearly 90% of all money has no physical form. The banks are must only hold 10% of their reserves in physical cash at any time. The rest is just numbers on a screen – and most of that money is makes it a credit or a debt.

Think about it: most of your money isn’t cash or coins. It is invisible credit lent to you by credit card companies and financial institutions. The average American has more money available through lines of credit ($22,751) than by saving ($17,135). If a big purchase or an emergency arises, they are more likely to pay it on credit than cash. The system rewards this: as a general rule, the more available credit you have and the more lines of credit you actively maintain, the better your credit score will be. And while you get stung for having too much debt, carry some debt is rewarded.

Therein lies the credit and debt catch-22: In order to get bigger lines of credit and better terms to help minimize your debt and expenses, you need to have good credit. And if you don’t have good credit, trying to build it puts you at a higher chance of getting stuck in a debt trap. You are more likely to be exposed to high annual interest rates, end up with lower credit limits, and generally have a harder time improving your credit.

A low credit score cuts you off from ambitious purchases and essentials. Nearly 60% of millennials report that a low credit score caused them to lose a loan, with 1 in 4 reports being unable to get a car or an apartment due to credit checks. People are deprived of the real things they really need because of fake money which they cannot access because of a fake score. If that’s not enough to make you want to walk in the ocean, bless your resilience.

This system is garbage. It’s time to fix it. And the best tool we have for that is the government itself.

First, we have to dismantle the three main credit bureaus and destroy any black box containing the algorithm for generating credit scores. This, frankly, should not be controversial. The big credit bureaus – Equifax, Experian and TransUnion – are racketeering, and they’re not even good at what they do. Equifax leaked everyone’s social security numbers. The Federal Trade Commission has found that 1 in 4 people have errors in their credit reports that can affect their scores. You should review and dispute these errors in your spare time, and you even have to pay to view your report in its entirety (you only get a free credit report every year). Nobody likes credit bureaus, and they shouldn’t; they suck.

A solution here — and one that Biden’s presidential campaign would have considered — is a public credit registry. The Consumer Financial Protection Bureau can manage it, eliminating the profit motive that comes from owning all the data and selling access to it. The CFPB can create a transparent way to calculate credit scores, provide free access to credit reports, and standardize the process for reporting and deleting bad data. The National Consumer Law Center supports this ideajust like the think tank Demos. It’s a no-brainer, so let’s do it.

The next step would be to cancel a whole bunch of debt. Student debt? Let’s go ahead and delete this – you know, like President Biden could if he wanted to. So let’s get rid of the $81 billion in medical debt with which we have harassed people, which is apparently the price to pay to stay alive in a capitalist hellscape. We’ve already taken the smallest of baby steps toward a good job here, with the credit bureaus announcing that they won’t factor some medical debt into credit scores, but we should just avoid the hassle and write it all off together.

This all amounts to a reset. But the problem is that we are so deeply embedded in this debt system that we are unlikely to shake it completely without some kind of financial collapse or revolution. So instead of completely tearing down the walls, we can keep some of them and figure out how to bounce them back more productively.

Fortunately, we already have a powerful institution that knows a bit about invented money: the federal government. If the the money printer may begin to hum at any time to combat economic downturns or maintain cash flow during a global pandemic, it can surely be used to extend a line of credit to Americans who need access to financial support without the risk of bankruptcy or the trap debt.

Here’s how it will work: Once you turn 18, you’ll have access to a federally issued credit card. Steve Randy Waldman, computer programmer and economist who launched this idea in 2009, called it a Treasury Card Express. Awesome. The Treasury Express would guarantee everyone access to a line of credit.

How much, exactly? Waldman capped it at $1,000 in his proposal. Let’s go with a slightly more generous alternative, though, and tie at the median income in the United States in 2020, it was $35,805, which equates to about $3,000 per month. We therefore set the credit limit at $3,000. A large majority of the American working class lives paycheck to paycheck, and any interruption of it can be catastrophic. With a Treasury Express, if you suddenly find yourself without a job or income, you’ll have access to a line of credit large enough to cover a full month of median household expenses. (Mic reached out to Waldman for more details on his proposal but did not receive a response.)

If you’ve never had a credit card or accessed these types of financial services before, the federal card is a good introduction. “It improves access to financial instruments for those who couldn’t get credit or debit cards on their own, which means inclusion,” finance professor Dr. Tahira K. Hira told Mic. Personal and Consumer Economics at Iowa State University. It would also extend a line of credit to people who have historically been excluded.

This should also functionally eliminate the need for payday loans. About 12 million Americans use payday loans each year, usually in small amounts just to get by until their next paycheck. Payday loans are just about the worst credit product available, with extremely predatory rates that cause most payday loan recipients to pay far more in fees than they actually receive in financial support. Killing payday loans would be a welcome side effect of a federally issued line of credit.

You might be wondering what the interest rate on the federal card would be. Easy: 0%. That’s not to say there isn’t a penalty for default, of course. If you have a balance on your card, you’ll need to pay it off at the end of the month, with an additional month’s grace period to start paying it off. As long as you make payments for the balance, you will continue to have access to the line of credit. But not paying it back will restrict your access to other credit products offered by the government, such as home loans. After a period of five years, any outstanding balance would be canceled and you would once again have access to the full $3,000.

There will surely be people who will oppose this idea: “It is a handout from the government”; “It’s like giving people $3,000 free, they’ll just use it and not pay it back”; etc First, chances are people won’t give up access to other great lines of credit, like home loans, student loans, or other credit cards just to access $3,000 free. every five years. It would be a very bad financial decision.

“Are some people going to make mistakes and mismanage? Yes, it is possible,” says Hira. “But it is also [part of] a learning process. She notes that this system would help educate people about banking and credit in a much less risky way than our current setup.

And two, you’re fucking right, it’s a handout. Helping people improve their credit so they can access things like mortgages and car loans is a public good. We are better served if more people have the ability to own what they need. This card accomplishes that in our extremely failing credit system.

The current credit system is rigged in favor of people who already have a lot of money at their disposal and weighs on those who need help the most. Let’s expand much-needed access to credit with far fewer strings. If the economy is going to be credit and debt driven, the least we can do is make sure people can access it – and do so safely.

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Groups want lawmakers to act on high-cost loans https://threewisemenblog.com/groups-want-lawmakers-to-act-on-high-cost-loans/ Mon, 28 Mar 2022 18:23:55 +0000 https://threewisemenblog.com/groups-want-lawmakers-to-act-on-high-cost-loans/ Leaders of two organizations that recently launched an alternative to payday loans now hope to lay the groundwork for changes to state law after releasing a new report about how predatory moneylenders imprison debt-ridden Memphians. “These payday lenders are having a huge impact on our people and their way of life,” said Shirley Bondon, executive […]]]>

Leaders of two organizations that recently launched an alternative to payday loans now hope to lay the groundwork for changes to state law after releasing a new report about how predatory moneylenders imprison debt-ridden Memphians.

“These payday lenders are having a huge impact on our people and their way of life,” said Shirley Bondon, executive director of the Memphis Black Clergy Collaborativewho published the report with Political Institute of Hope. “In a community like Memphis where people are already living in poverty, it’s easy to exploit them and so we’re trying to find a way to lift people out of poverty and end that kind of exploitation.”

The report looks at “high cost loans,” including payday loans, car title loans, and flex loans. Although the terms of these loans are different, the exploitation and harm are the same as they come with extreme interest rates, unfair repayment terms and “coercive” repayment methods, such as access directly to someone’s bank account, the report said.

Additionally, many lenders do not check whether someone can afford to repay the loan without worsening their financial situation, creating a “trap”, the report says. At least 75% of the money generated from payday loans comes from people who take out more than 10 loans a year, the report says.

Nearly half of car title loans in Tennessee defaulted in 2019, meaning loan companies repossessed more than 11,000 cars.

High-Cost Debt Traps Widen Racial Wealth Gap in Memphis, Report

And the moment the borrower can afford to break out of the cycle, “…[T]They will then be subject to insufficient funds charges, aggressive debt collection and ultimately the closure of bank accounts or bankruptcy.

For car title loans, the cost may be someone’s transportation. Nearly half of car title loans in Tennessee defaulted in 2019, the most recent year for which data is available, meaning loan companies repossessed more than 11,000 cars, according to the report.

But it also hurts more than the borrower’s bank account.

“These damages are neither exclusive nor exhaustive and extend to the psychological stress caused by unaffordable debt, the pressure exerted on other members of the community and family and the resulting inability to create wealth in the future,” the report said.

Memphis has 114 such storefronts, most owned by out-of-state businesses. Populus Financial Group, Inc./Ace Cash Express of Texas has 29 locations, and TitleMax/TMX Financing of Georgia has 23.

In Memphis, which is two-thirds black, just over one in three residents are either unbanked, meaning they don’t have a bank account, or underbanked, meaning they use financial services such as payday loans in addition to traditional banks, according to Prosperity Now To analyse federal data from 2017.

“…they target a certain group of people and that’s a continuation of the systemic inequalities that we see in our communities.”

Shirley Bondon, executive director of the Black Clergy Collaborative of Memphis

High-cost lenders are concentrated in low-income black and brown areas, the report said. This includes neighborhood postcodes such as Whitehaven, Hickory Hill, Orange Mound, Raleigh and Berclair. Some suburban ZIP codes, such as Germantown and Collierville, have none of these lenders.

“That tells you they’re targeting a certain group of people and that’s a continuation of the systemic inequalities that we see in our communities,” Bondon said.

A payday lender in a mall along Getwell Avenue. Photo by Andrea Morales for MLK50

State Senator Raumesh Akbari sees the inequity of financial services offered in the same communities that predatory lenders target, she said in a statement. It’s hard for Democrats to pass legislation through the majority Republican-controlled Legislature, Akbari said, so she sees value in educating voters about the dangers of high-cost lending.

“In the current political environment at the State Capitol, reform that empowers consumers is difficult to achieve. But we have made some inroads in advocating for better financial literacy education accessible to all students and all adults who want it We want people to understand the true cost of their financial options.

Despite the legislative challenge, Bondon is confident that predatory lending protections can draw support from both sides. She hopes the report will educate community members, but wants lawmakers to read it as well.

“On this issue, I think you will get bipartisan support. I’m not naive in that it’s hard to get Shelby County legislation. But this problem is statewide…it’s not just a Shelby County problem.

Bondon said the state is the next level of government empowered to regulate the industry. The city and county did everything they could, she said.

In 2009, city and county lawmakers adopted a joint order preventing new lenders from opening within 1,000 feet of people’s homes. And in 2020, the Memphis City Council passed a resolution asking the state to effectively ban the industry.

With these high cost loans, borrowers have to repay the full amount plus extreme interest within two weeks or the next payday.

In Tennessee, the maximum loan amount is $425 and the interest rate is almost 460%.

The report recommends a limit on the interest rate for these loans. Interest rate caps have been used by other states, including Arkansas, where the limit is 17%.

“It takes many voices to pass legislation and because it affects so many people, we don’t just want the clergy, we want others to be involved in this fight with us,” Bondon said.

One voice is Josh Spickler, executive director of fair city, a criminal justice reform organization. Spickler wants to see legislation aimed at an industry he says claims to be a useful emergency service.

“But the reality is that most of the time this industry pushes people further into poverty and keeps them there.”

In this way, he said the payday loan industry is like the criminal justice system. Payday loans are often used to cover legal costs, he noted.

“It’s a system that works to exacerbate poverty, not alleviate it. The criminal justice system is not intended to drive people into poverty, that is not its stated purpose, but that is what it does.

Carrington J. Tatum is a corps member of Report for America, a national service program that places reporters in local newsrooms. Email him at carrington.tatum@mlk50.com


This story is brought to you by MLK50: Justice through Journalism, a nonprofit newsroom focused on poverty, power, and politics in Memphis. Support independent journalism by making a tax deductible donation today. MLK50 is also supported by these generous donors.

Do you have an idea for an article, advice or a comment? Email info@mlk50.com.

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Best Payday Loans Online | Best Instant Payday Loans Online With Guaranteed Approval | Small Payday Loans Online No Credit Check https://threewisemenblog.com/best-payday-loans-online-best-instant-payday-loans-online-with-guaranteed-approval-small-payday-loans-online-no-credit-check/ Fri, 25 Mar 2022 08:30:00 +0000 https://threewisemenblog.com/best-payday-loans-online-best-instant-payday-loans-online-with-guaranteed-approval-small-payday-loans-online-no-credit-check/ If you need a loan for bad credit to pay off your debts, high interest loans can be frustrating. So let’s take a look at all the bad credit loan companies that offer guaranteed approval online. Main loans for bad credit: This list will provide you with an overview of our top picks for bad […]]]>

If you need a loan for bad credit to pay off your debts, high interest loans can be frustrating. So let’s take a look at all the bad credit loan companies that offer guaranteed approval online.

Main loans for bad credit:

This list will provide you with an overview of our top picks for bad credit loan providers. Next, we’ll describe the features, pros, cons, and customer experience of each of these loan providers to give you a fair idea of ​​what you can expect from them.

1. MoneyMutual : Best Payday Loans Online

2. FondsJoy : Best Instant Payday Loans Online With Guaranteed Approval

3. BadCreditLoans : Small Online Payday Loans No Credit Check

MoneyMutual is easily one of the most popular and reputable loan providers in the country. Part of its popularity is due to the fact that there is no credit check on borrowers.

The service is absolutely free where borrowers with bad credit could get in touch with genuine lenders and get loans regardless of their credit rating.

MoneyMutual is not involved in the lending or borrowing process. It is basically a platform for these two parties to lend and borrow money. It’s like Amazon or eBay but is for bad credit loans, instead of items.

MoneyMutual has been in the industry for over 10 years now and has been able to provide assistance to two million people across the United States with their financial needs.

Characteristics

See below the main features of MoneyMutual:

  • The platform through which potential borrowers can get in touch with potential lenders
  • Minimal credit checks are performed
  • Once funds are approved, customers must complete an online form
  • Allows loans up to $5,000 for short-term financing
  • Lenders review customer information and decide if they want to find their needs

Benefits

  • Ranked #1 for bad credit loan companies.
  • Relatively simple for those with bad credit to get loans
  • The company is very reputable and experienced
  • Completing the online form only takes a few minutes
  • You can receive the money within 24 hours

The inconvenients

  • Not available in some states like New York

Client experience

Because of MoneyMutual’s excellent service, customers all agree that borrowing money is simple and communicating with online lenders has never been easier. Customers also claim that they could receive funds through this service faster than they could using other similar services.

MoneyMutual is undoubtedly the best loan without credit check with guaranteed approval online.

⇒Visit MoneyMutual official website for more information

#2. FondsJoy – Best instant payday loans online with guaranteed approval

FondsJoy is one of the fastest online loan providers in America that offers same day approval for bad credit loans.

Borrowers are approved on this platform within minutes of applying for the loan. Potential borrowers won’t find a faster company that offers fast loans with no credit check.

Characteristics

Here are the main features of FundsJoy:

  • A simple and efficient platform that connects lenders and borrowers in one place
  • Advanced technology on the site keeps your information secure and confidential
  • No hidden fees
  • Loan borrowers complete a quick online application to start the process

Benefits

  • The fastest online lender in the industry with fast turnaround times
  • Funds are often granted with lower interest rates
  • Easy to use site with live chat
  • Large and medium size loans available

The inconvenients

  • Not yet a household name, so some consumers have never heard of the company

Client experience

FundsJoy is known for its more than satisfactory customer service and fast response rate. A company that prides itself on providing excellent customer service is just getting started. We see this business growing and gaining more market share in the coming years.

=> Visit the official FundsJoy website now!

Loans for bad credit are a top choice for those with bad credit history. This free service allows lenders to connect with borrowers and approve loans regardless of their credit score.

We repeat – borrowers can get money from lenders using this site without checking credit report.

Please note, however, that the company has no control over the lenders listed on its website. However, it gives you all the information you might need to help you determine if a particular lending partner meets your needs.

Characteristics

Here are the main features of loans for bad credit:

  • A platform that helps connect borrowers with lenders and provides both parties with adequate information about each other
  • The site has advanced encryption technology that protects your private information
  • The use of this service is completely free.
  • Borrowers only need to fill out an online form for lenders to decide if they want to engage with them

Benefits

  • Free Service
  • Very easy for borrowers to find lenders
  • The credit requirements of the lenders on the site are very flexible
  • You can borrow amounts between $500 and $5,000
  • Allows you to evaluate and compare interest rates from different lenders

The inconvenients

  • Clients with poor credit scores receive lower loan amounts

Client experience

Borrowers seem happy with the ease with which a loan is approved using this site, as it allows for minimal credit checks. Moreover, the fact that people only take a few minutes to fill out the form on the site only contributes to the convenience of most people finding this service.

For some, BadCreditLoans is their first choice for no credit check loans with guaranteed approval online.

⇒Visit Bad Credit Loans Official Website for more information

Conclusion: Who is the number 1 loan lender for bad credit?

So which company offers the best no credit check loans with guaranteed approval online? Our first choice is Money Mutual.

In summary, getting bad credit loans online is not difficult. Even for those who have never received financing from these sources before, the procedures for obtaining loan financing for bad credit are simple to follow.

The websites we have provided here will help you get in touch with lenders immediately and ask them to grant you the funds you need. Our recommendation for you would be to try the services of MoneyMutual for their outstanding service and customer support. Additionally, online lenders give you access to several other financial services, such as credit cards and car loans. These sites help you compare interest rates from various lenders to choose the best one for you.

Plus, all the information you need is readily available, such as loan terms and conditions. These websites are safe and secure, so you can rest assured that your personal information will remain confidential. That’s it: choose a site and borrow the money you need, regardless of your credit rating.

If you need no credit check loans with guaranteed approval, MoneyMutual is your best bet.

=> Apply for bad credit loans online now

The news and editorial team at Sound Publishing, Inc. played no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

Sound Publishing, Inc. accepts no responsibility for any loss or damage caused by the use of any product, and we do not endorse any product displayed on our Marketplace.

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Wonga, Wage Day Advance, MEM Consumer Finance, Instant Cash Loans, DFC Global Corp, Cash America International, 2345 Network – ChattTenn Sports https://threewisemenblog.com/wonga-wage-day-advance-mem-consumer-finance-instant-cash-loans-dfc-global-corp-cash-america-international-2345-network-chatttenn-sports/ Wed, 23 Mar 2022 21:45:05 +0000 https://threewisemenblog.com/wonga-wage-day-advance-mem-consumer-finance-instant-cash-loans-dfc-global-corp-cash-america-international-2345-network-chatttenn-sports/ the Online payday loans The market is globally one of the leading markets involving the development of innovative techniques and an extremely categorized sector. After an in-depth investigation conducted on the Online Payday Loans market industries, the market report provides detailed information, based on export and import data along with current industry trends in the […]]]>

the Online payday loans The market is globally one of the leading markets involving the development of innovative techniques and an extremely categorized sector. After an in-depth investigation conducted on the Online Payday Loans market industries, the market report provides detailed information, based on export and import data along with current industry trends in the world market. The report deeply observes the competitive structure of the online payday loans market globally. The Online Payday Loans Market report includes the detailed summary of various competitive firms, manufacturers, organizations, and other players who hold major weight in the global market in terms of demand, sales, and revenue by providing products and reliable services to customers all over the world. .

Key players profiled in the report include

Key players covered in Online Payday Loans report are Wonga, Wage Day Advance, MEM Consumer Finance, Instant Cash Loans, DFC Global Corp, Cash America International, 2345 Network

Request Sample Report + All Related Charts & Graphs @https://www.maccuracyreports.com/report-sample/502772

The global Online Payday Loans market report provides notable insights about the Online Payday Loans market by fragmenting the market into different segments. The global Online Payday Loans Market report delivers a comprehensive overview of the market’s global development including its features and forecast. It requires in-depth research studies and analytical power to understand the technology, ideas, methodologies, and theories involved in understanding the market.

Additionally, the report features comprehensive analytical studies of the limiting and growth factors. The report provides a detailed summary of the Online Payday Loans market’s current innovations and approaches, overall parameters, and specifications. The report also gives a comprehensive study of the economic fluctuations in terms of supply and demand.

Online payday loan market

Pouring, single phase.

Application as below

Individual, Large Company, SME

Apart from this, the report includes the Online Payday Loans market study based on geographic and regional location. Geographic Segmentation, By Region, North America (US, Canada), South America (Argentina, Chile, Brazil, etc.), Asia-Pacific (India, China, Japan, Singapore, Korea, etc.), Europe (UK, France, Germany, Italy, etc.), the Middle East and Africa (GCC countries, South Africa, etc.) and the rest of the world.

Key Points of the Online Payday Loans Market:

CAGR of the Online Payday Loans Market over the forecast period 2020-2026.

Accurate information on the factors that will contribute to the growth of the market over the next six years.

Forecasts of future industry trends and changes in customer behavior.

Prospects of market size and its contribution to the parent market.

The growth and current state of the market in the COVID-19 pandemic situation.

Market competitive landscape analysis and detailed vendor information.

A comprehensive description of the factors that will challenge the growth of market vendors.

The global Online Payday Loans report indicates the status of the industry and regional and global basis with the help of graphs, diagrams and figures to make it easy and better understandable.

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The Online Payday Loans report supports the facts below:

Historical Industry Demand Trends and Future Development Study – Investors in the Online Payday Loans market will make their business decisions based on historical and projected Online Payday Loans market performance in terms of growth trends , revenue contribution, and growth rate of the Online Payday Loans market. The report offers an analysis of the online payday loans industry from 2016 to 2019, based on categories such as product type, applications/end users, and regions.

Market Drivers, Limitations and Opportunities – The market is deeply assessed by the current market situation such as market growth factors and restraints. Additionally, here we can discuss the latest industry news and its impact on the Online Payday Loans business.

Industry Chain Analysis- The study of industry chain structure incorporates details related to supplier and buyer information. Further, the report categorizes leading manufacturers of Online Payday Loans business on the basis of their production base, cost structure, Online Payday Loans production process, raw material expenditure, and labor expenses.

Future project opportunity – The Online Payday Loans market report includes a detailed explanation of the past and present market trends along with its future analysis that may concern with the Online Payday Loans market growth.

Note – To provide a more accurate market forecast, all our reports will be updated prior to delivery considering the impact of COVID-19.

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La Poste reintroduces the banking service https://threewisemenblog.com/la-poste-reintroduces-the-banking-service/ Tue, 22 Mar 2022 21:11:43 +0000 https://threewisemenblog.com/la-poste-reintroduces-the-banking-service/ Postal Savings Scheme closed in 1967 The idea of ​​going to a post office to cash a check can become nostalgic. After all, it was in 1967 that the Postal Service stopped providing banking services. Previously, the Postal Savings System was a powerhouse, holding billions of dollars in assets at its peak. It was the […]]]>


Postal Savings Scheme closed in 1967

The idea of ​​going to a post office to cash a check can become nostalgic. After all, it was in 1967 that the Postal Service stopped providing banking services. Previously, the Postal Savings System was a powerhouse, holding billions of dollars in assets at its peak. It was the only game in town where your money was federally protected. Everything changed when the Federal Deposit Insurance Corporation (FDIC) was created in 1933 and bank deposits were guaranteed by the federal government. The demand for postal banking services eventually disappeared.

Today, most people use banks to save their money, but there are still millions of Americans who are unbanked or do not have a checking or savings account. They typically rely on expensive check cashing services or payday loans to get paid.

Among unbanked households in America, AARP found that 3.1 million were headed by someone over the age of 50. Of these, 13% are African American/Black households while 11% are Hispanic/Latino households. When you count those who use check cashers and payday lenders, there are approximately 14.2 million households aged 50 and over who do not have access to traditional financial services. Even for those with bank accounts, access to their local branches, especially in rural neighborhoods, becomes more difficult. In 2021, more than 4,000 bank branches closed, setting a record for closings in one year.

Postal banking services needed in rural areas

In small towns that only have one gas station, one restaurant, and one post office downtown, traveling a long distance to the bank is not viable. Do your banking at the east post office. Of its more than 31,000 post offices, more than 17,000 are in neighborhoods with one or no bank branches. It is these hard-to-reach households that the Postal Service is trying to reach.

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Payday Loans: Apply For a Fast And Easy Alternative https://threewisemenblog.com/payday-loans-apply-for-a-fast-and-easy-alternative/ Tue, 22 Mar 2022 03:38:50 +0000 https://threewisemenblog.com/?p=2363 Unexpected expenses are a sad but normal aspect of the daily routine. Autos break down and people lose their jobs and medical bills come up. If you do not have a fund for emergencies to cover these situations it is possible that you will end up in a tough financial spot and require the help of a money […]]]>

Unexpected expenses are a sad but normal aspect of the daily routine. Autos break down and people lose their jobs and medical bills come up. If you do not have a fund for emergencies to cover these situations it is possible that you will end up in a tough financial spot and require the help of a money advance.

According to an Federal Reserve report from 2019 37 % of Americans could not afford the unexpected cost of $400. In addition, while two-thirds respondents said they’d have to sell or borrow money to cover the cost, 12 percent claimed they wouldn’t have the ability to access needed money at all. A direct lender Oak Park — Personal Loan Online can be a good source of finance when you need it.

The option of taking out a credit online is an alternative for those facing financial difficulties however, it can be challenging if you have a solid credit score. Many borrowers who have less-than-perfect credit are forced to use the internet for payday loans or a payday cash advance or loan. In their nature, payday loans are meant to meet short-term financial requirements and unexpected costs.

These are intended for people who are with financial difficulties. But they can also lead to negative financial consequences. Make sure that you are aware of the pros and cons regarding payday loans before opting for one.

What Is A Payday Loan?

Payday loans (sometimes known as payday cash advances) is a short-term low-dollar loans that are designed to help individuals get to the next pay day. They usually have higher rates of interest than other loan options and are typically employed by those who have bad credit scores. They’re advertised as a quick and easy option, but they’re not secure.

Payday loans are not secured and don’t require any collateral to qualify for one. The rates of interest are typically higher since the lender isn’t assured of repaying their loan if the borrower cannot pay back the loan.

Online payday loans are typically at least $500 However, the amount varies according to the state that you reside in as well as other variables. The term of repayment of payday cash loan usually less than two weeks. they are intended to be paid back in one lump amount at the end of the time.

Payday loans is available on the internet or through storefront lenders. No matter if you decide to go with the payday loan on the internet or one in person, the results are usually similar.

How Do Payday Loans Work?

There are several methods to obtain payday loans: via a payday lender in a storefront or on the internet. The cash will be deposited directly into the account of your checking account, by cash or check, or the basis of a debit card that is prepaid. It’s simple to apply for payday loans online today.

If you get the loan for payday typically, you are given two weeks in which to pay it. However, certain payday lenders can provide loans with terms as long as four weeks. When the loan period expires, you must be required to repay the loan amount plus any additional charges. The lender might ask you to pay them back using checks post-dated for the amount you agreed to pay or withdraw the funds directly from your banking account.

The terms of loan of payday loans will vary from individual to individual and are based on the location you reside in. Some payday lenders might examine the credit rating to figure out if they’d be willing to lend to you, whereas other lenders might not..

The Costs Of Payday Loans

A payday loan could offer convenience and speed However, the cost will definitely outweigh the value of this loan option. If you’re in search of an online loan that’s secure but not this one, it’s not for you.

Payday loans are renowned as having higher APRs over their alternatives. Customers who take out payday loans typically have lower credit scores that means they might be unable to repay the loan in time. They usually compensate for this by increasing the cost of their loans.

If a client is not able to pay the loan in full by the due date the lender may offer the option to “roll over” the loan to a different term. Rollover occurs an extension of your loan and offer the borrower an additional due date however they will add charges and interest rates that make the total debt more expensive. This is one of the reasons to ensure that you are able to repay your loan on the initial due date before you sign for it.

If you require a loan for longer than 30 calendar days you should to find alternative sources of cash. The process of rolling over your loan can result in a number of additional charges and make it difficult to repay the loan. The cost of rolling over is common which can make the process of paying off debt more difficult.

It is essential to ensure that you are able to repay the loan as lenders don’t have to prove your capability to pay. They might not even be able to verify the most basic details like your employment details or your overall income. To avoid fees or rollovers, ensure you pay off the fast cash loan at the time of the due date and while making sure you are taking care of additional financial commitments.

Payday Loan Regulations

Every states regulates payday loans differently to try to ensure that consumers receive the best possible product. The length of the loan as well as the amount you can take out, as well as your annual rate of interest as well as fees for financing differ based on the specific state in which you live.

Every year, millions of Americans borrow personal or payday loans. The payday laws differ from state to state, and certain Americans are being swindled by lenders that are predatory. Remember this when you’re considering getting one be sure to investigate the lender and the loan thoroughly prior to making a decision to sign.

The Bottom Line

If you’re thinking about an option for a payday loan, regardless of whether it’s on the internet or physically in-person, then you might need to reconsider your options. It’s essential to conduct research prior to deciding on the possibility of a payday loan. It is advisable to choose an honest lender who is transparent about their terms conditions and fees that are associated with their loans.

Ask questions about the loan agreement, read it and be aware of the amount you’ll be liable for, or be deducted from your account in the bank prior to making a decision to take out payday loans. It is helpful if you also have a plan to repay the loan prior to making the decision to take it out. It is also ideal to think twice before you took the payday loans in general.

Oak Park Financial Oak Park Financial, we offer fast, reliable solutions to help you manage you with your finances. We provide a secure flexible, manageable, and economical overall experience than your usual payday loan. Furthermore, our completely online application process is fast and simple. Therefore, stay clear of the risks of payday lenders online as well as cash loan lenders.

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Game Issues Can Spoil the Fun of March Madness | https://threewisemenblog.com/game-issues-can-spoil-the-fun-of-march-madness/ Mon, 21 Mar 2022 20:00:00 +0000 https://threewisemenblog.com/game-issues-can-spoil-the-fun-of-march-madness/ SHREVEPORT, La. — March Madness is in full swing, less than two months after mobile sports betting went live in Louisiana on Jan. 28. hoop teams, for others it brings a temptation that can be devastating to families and finances. According to the Louisiana Association on Compulsive Gambling, approximately $10 billion has been wagered on […]]]>

SHREVEPORT, La. — March Madness is in full swing, less than two months after mobile sports betting went live in Louisiana on Jan. 28. hoop teams, for others it brings a temptation that can be devastating to families and finances.

According to the Louisiana Association on Compulsive Gambling, approximately $10 billion has been wagered on championship basketball games in recent years. On average, the Problem Gambling Helpline receives between 10% and 15% more calls during the month of March, which is Problem Gambling Awareness Month.

An estimated 2 million people in the United States have a gambling addiction. An additional 4-6 million people are estimated to have a gambling problem.

LACG executive director Janet Miller said that if someone talked about the game in the past as something they did for fun, but then didn’t talk about it anymore even though they did, that could signal a problem. Secrecy is a red flag, as is a loss of financial stability.

“Because a lot of times we tend to want to hide things and push others away from the issues that we have,” Miller said. “The other part I’m looking for is people who are working, and hard working, and maybe have more than one job, and yet they can’t really make ends meet financially. Either they borrow, or they write checks before things are settled, or they seem to have a lot of payday loans, which are at very high interest rates.

Miller says this can happen because people with gambling problems look for wins and losses.

“A lot of people who get addicted to gambling will feel like, ‘I’m winning, I’m feeling good, I’m lucky, you know, I’m on top’. And so. I will chase my winnings,” a- she said. “Other people are also chasing their losses. So they think maybe they can move on, get lucky again, and win again. So they chase their losses. So they throw more money into this addiction, which creates more financial problems for them.

Miller says the state of Louisiana is working on a prevalence study, so exact numbers are not yet available. But she says she is certain the number of people with gambling addictions will increase due to the accessibility of online and mobile sports betting.

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If you or someone you know may have a problem with the game, call or text 1-877-770-STOP, or chat online at www.helpforgambling.org.

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Game Issues Can Spoil the Fun of March Madness | https://threewisemenblog.com/game-issues-can-spoil-the-fun-of-march-madness-2/ Mon, 21 Mar 2022 20:00:00 +0000 https://threewisemenblog.com/game-issues-can-spoil-the-fun-of-march-madness-2/ SHREVEPORT, La. — March Madness is in full swing, less than two months after mobile sports betting went live in Louisiana on Jan. 28. hoop teams, for others it brings a temptation that can be devastating to families and finances. According to the Louisiana Association on Compulsive Gambling, approximately $10 billion has been wagered on […]]]>

SHREVEPORT, La. — March Madness is in full swing, less than two months after mobile sports betting went live in Louisiana on Jan. 28. hoop teams, for others it brings a temptation that can be devastating to families and finances.

According to the Louisiana Association on Compulsive Gambling, approximately $10 billion has been wagered on championship basketball games in recent years. On average, the Problem Gambling Helpline receives between 10% and 15% more calls during the month of March, which is Problem Gambling Awareness Month.

An estimated 2 million people in the United States have a gambling addiction. An additional 4-6 million people are estimated to have a gambling problem.

LACG executive director Janet Miller said that if someone talked about the game in the past as something they did for fun, but then didn’t talk about it anymore even though they did, that could signal a problem. Secrecy is a red flag, as is a loss of financial stability.

“Because a lot of times we tend to want to hide things and push others away from the issues that we have,” Miller said. “The other part I’m looking for is people who are working, and hard working, and maybe have more than one job, and yet they can’t really make ends meet financially. Either they borrow, or they write checks before things are settled, or they seem to have a lot of payday loans, which are at very high interest rates.

Miller says this can happen because people with gambling problems look for wins and losses.

“A lot of people who get addicted to gambling will feel like, ‘I’m winning, I’m feeling good, I’m lucky, you know, I’m on top’. And so. I will chase my winnings,” a- she said. “Other people are also chasing their losses. So they think maybe they can move on, get lucky again, and win again. So they chase their losses. So they throw more money into this addiction, which creates more financial problems for them.

Miller says the state of Louisiana is working on a prevalence study, so exact numbers are not yet available. But she says she is certain the number of people with gambling addictions will increase due to the accessibility of online and mobile sports betting.

——

If you or someone you know may have a problem with the game, call or text 1-877-770-STOP, or chat online at www.helpforgambling.org.

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