Saving investment – Teich Forum Thu, 20 May 2021 12:52:09 +0000 en-US hourly 1 Saving investment – Teich Forum 32 32 Banktivity 6 for Mac adds workspace, tags, quick reports, and more. Thu, 11 Mar 2021 05:38:23 +0000

IGG software today ad the upcoming launch of Banktivity 6, the latest version of the popular personal finance app for Mac. The software, formerly known as iBank, has been redesigned for macOS Sierra and updated with several new features including workspace, tags, quick reports, search, and more.

Banktivity 6 presents Workspace, a new feature that allows customers to see any account, budget, report, or other view side by side. “For example, users can place transactions for an account next to a budget to see how recent spending is affecting the budget,” the company said.

Keywords have also been added, allowing individuals and small business owners to view and analyze their income and spending habits across categories. “Now when a person goes on vacation and spends money on restaurant meals, gasoline, plane tickets, and hotels, they can label all of those transactions as ‘vacation’,” said IGG.

A new Quick reports The feature allows users to select transactions and then quickly view a detailed report based on the selection. “For example, if a customer wondered how much money was donated to a specific charity last year, a quick report answers that question with just one click,” the company said.

Find is a new document-wide search feature that allows customers to search “almost any part of any transaction” within an entire Banktivity document.

The app sidebar has a new feature called Wallet which provides quick access to investment performance. Portfolio’s customizable view displays high-level information such as cost base, value, gain / loss, security price, and IRR, and clicking on a security brings up a full analysis of that investment.

Banktivity 6 features over 100 changes and enhancements including more flexible report grouping, new transaction editor with improved keyboard support, new reconciliation process, new summary view, improved transaction downloads, more flexible budgeting, easier navigation in the application, redesigned reports and more.

IGG said Banktivity 6 will be released in the spring for $ 64.99. Users who upgrade from Banktivity 5 will be entitled to an upgrade price of $ 29.99. Customers who purchased Banktivity 5 from the IGG Store between January 23 and the launch of Banktivity 6 will receive a free registration code to unlock the new version.

The app will sync with Banktivity for iPhone ($ 9.99) and Banktivity for iPad ($ 19.99).

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eBay and LendingPoint Partner to Provide Seller Financing for Entrepreneurs and Businesses Thu, 11 Mar 2021 05:38:23 +0000

The pilot program is now live and compatible with eBay’s managed payments program.

SAN JOSE, California, August 5, 2020 / PRNewswire / – eBay is teaming up with LendingPoint to launch a new program that will give eBay sellers in the United States access to finance to help them grow and sustain their businesses. The program, eBay Seller Capital powered by LendingPoint, is compatible with payments managed by eBay and will enable individuals and businesses to obtain financing, providing eligible sellers with a fast, flexible and transparent financing experience.

eBay (

“We are committed to empowering entrepreneurs to make their dreams come true, and we continue to partner with our salespeople to provide them with the tools they need to thrive,” said Alyssa cutright, Vice President of Global Payments at eBay. “We are excited to offer flexible financing options that integrate with our new payments experience. The program with LendingPoint will provide critical financing opportunities for eBay sellers, especially during these uncertain economic times.”

“LendingPoint’s goal is to accelerate and democratize commerce,” said Tom burnside, CEO and Co-Founder of LendingPoint. “We are excited to be able to use the data and technology that we have integrated into our platform to help eBay sellers achieve their dreams. EBay sellers are some of the fastest growing e-commerce players in the world and our business system. ‘Loan operation will help them access financial tools. They need to be even more successful with their businesses. “

EBay sellers who are working with LendingPoint as part of the pilot program can get quick decisions and access installment loans. This program will be offered with flexible terms of up to 48 months to allow sellers to choose the best option for their specific budget needs, and lower repayment plans under longer terms. LendingPoint will not charge any setup or prepayment charges. Going forward, through this partnership, eBay and LendingPoint aim to expand their offering to provide eBay sellers with more tools to help them run their business.

eBay Seller Capital, powered by LendingPoint, is being rolled out as a pilot program with select sellers and will be available to all eligible sellers in the United States later this year. Upon initial launch, eligible sellers can receive up to $ 25,000 in one working day.

About eBay

eBay Inc. (Nasdaq: EBAY) is a global leader in commerce that connects millions of buyers and sellers around the world. We exist to provide economic opportunities for individuals, entrepreneurs, businesses and organizations of all sizes. Our brand portfolio includes eBay Marketplace and eBay Classifieds Group, operating in 190 markets around the world.

About LendingPoint

LendingPoint is a data and technology platform that enables the creation of unsecured personal loans for financial institutions and for its own balance sheet. The company uses its data algorithms and technology to create better lending and borrowing experiences by finding more reasons to say ‘yes’ – democratizing credit across the credit spectrum by opening up access to affordable loans . Its LendingPoint Merchant Solutions platform provides ecommerce platforms and merchants and other service providers with a single, fully integrated financing solution to accelerate commerce by providing vendors with financing and converting more customers to the point of sale. sale. Its SDKn ™ enables seamless integration of the entire LendingPoint Loan operating system into e-commerce applications and platforms with just a few lines of code.

In 2019, LendingPoint ranked 17th on the Inc. 5000 list of fastest growing private companies in the United States; ranked 9th in Deloitte’s 2019 Technology Fast 500; and the CEO of the company Tom burnside was voted South East Entrepreneur of the Year finalist by EY. LendingPoint was named one of the nation’s top consumer loan companies in 2018 by US News & World Report, one of NerdWallet’s top personal loans and the metro’s fastest growing private company. Atlanta by the Atlanta Business Chronicle. LendingPoint is a privately held company headquartered in Kennesaw, Georgia., with offices in new York and Nevada.

Forward-looking statements

This announcement contains forward-looking statements relating, among other things, to future events and future performance of the Company and reflects, among other things, eBay’s expectations regarding the expected benefits of the Company’s partnership with LendingPoint.

Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from statements made. Factors that could cause or contribute to such differences include, but are not limited to: changes in political, trade and economic conditions, any regional or general economic downturn or crisis, and any conditions that affect the growth of electronic commerce or the cross-border trade; the timing and possible outcomes of this initiative; and the potential for the company to take longer than expected to fully realize the anticipated benefits of the initiative, and those benefits may ultimately be less than expected or not materialize at all.

Further information on factors that may affect the Company’s results of operations can be found under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the latest report. company annual report on Form 10-K and subsequent quarterly reports. on Form 10-Q, copies of which can be obtained by visiting the company’s investor relations website at or on the SEC website at All information contained in this version is as of August 5, 2020. Do not place undue reliance on any forward-looking statements contained in this press release, which are based on information available to the company as of the date hereof. The company assumes no obligation to update these statements.



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5 credit card benefits (and freebies) you might not know you have Thu, 11 Mar 2021 05:38:23 +0000

You may already be earning travel rewards with your credit card or by using points to purchase flights, but these perks are just the beginning of the value credit cards can bring to your next vacation. Lesser-known perks built into many cards include free museum access, hotel upgrades, and even free food.

Here are five hidden benefits that might accompany cards already in your wallet:

1. The ability to speed up airport security

While cards alone can’t allow you to skip long safety lines, a handful – including the Chase Sapphire Reserve® and the Capital One Venture Rewards Credit Card – give you a credit for the application fees for one or the other TSA Precheck or Global Entry. These programs offer expedited screening at the airport.

“A lot of people don’t use these perks and end up spending a lot longer than necessary in security and immigration lines,” says Jason Steele, producer of CardCon, an annual credit card conference.

2. Free hotel stays, upgrades and breakfast

If you have a hotel-branded credit card in your wallet, you might have a few treats. For example, the World of Hyatt Credit Card offers a free anniversary night, as well as elite status that gives you access to late check-out and room upgrades when available. the Marriott Bonvoy Boundless ™ Credit Card offers a free night once a year and priority late checkout thanks to the automatic Silver Elite status that comes with the card.

Some general travel credit cards also offer hotel benefits. The American Express Platinum Card® offers Hilton Honors Gold status, which can offer you late check-out and free breakfast, among other perks. The card also grants access to the Fine Hotels & Resorts program, which can include room upgrades, breakfast and guaranteed late check-out at over 1,000 luxury properties. Conditions apply (see rates and fees).

Steele says that based on his conversations with cardholders and card issuers, he suspects that many cardholders are probably not actively taking advantage of these benefits.

3. A relaxing pre-flight experience (and free food!)

Justin McCurry, a father of three and frequent traveler who lives in Raleigh, NC, recently took advantage of the Priority pass selection access to the lounge provided with sound Citi Prestige® Card on a family trip to Southeast Asia. This meant that her entire family of five could spend time in quiet lounges between flights.

“Once we enter the living room, almost everything is free,” including food and drink, says McCurry. (Details vary by lounge, and you’ll want to factor in any annual fees your travel card may charge you.)

McCurry’s kids – ages 7, 13 and 14 – love to grab soda or hot chocolate and snacks. “It’s all free, so we don’t have to worry about spending between $ 50 and $ 100 on burgers, fries and drinks for the family.” In the lounge they visited in Bangkok, the family enjoyed Thai curry, stir-fries and sushi. International lounges tend to be more luxurious than domestic lounges, he says.

And since it’s a confined space, he doesn’t need to be as vigilant watching his children or luggage as he would be in the main airport terminal. “It’s a little oasis of peace and sanity where we can unwind,” he says.

4. A more pleasant flight

Trae Bodge, shopping and savings expert, points out that some cards, like the United℠ Explorer Card, come with priority boarding to get into your seat faster. This card also offers 25% discount on in-flight purchases. If you have an airline-branded credit card, consider what they offer before you leave on your trip. In addition to priority boarding and in-flight discounts, you may be able to check in baggage for free, including for all traveling companions.

5. Free activities to do

Bank of America® credit cards (and debit cards) come with free general admission for the cardholder on the first full weekend of each month to a range of museums and cultural centers. “Just be sure to plan your trip for the first weekend of the month to take advantage of it,” says Andrea Woroch, consumer savings expert. For a family that plans to do a lot of sightseeing, those savings can add up, she says.

And if your card earns you rewards, don’t forget to take advantage of this more obvious benefit when you’re on the road or in the air. If it earns bonus points, miles, or cash back on travel, gas, or restaurant meals, bring it with you.

This is the case even for non-travel cards, Bodge says. While the Amazon Prime Rewards Visa Signature Card is not a travel card per se, it offers 2% off gas and restaurants and 5% off Whole Foods, which are potentially useful when traveling by car. And these rewards can be used towards your next vacation.

To consult the rates and costs of The American Express Platinum Card®, see this page.

Information relating to Amazon Prime Rewards Visa Signature Card was collected by NerdWallet and has not been reviewed or provided by the issuer of this card.

This article was written by NerdWallet and was originally published by Forbes.

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BRAC Bank and BASIS launch Digonto package to support BASIS members Thu, 11 Mar 2021 05:38:23 +0000

BRAC Bank and the Bangladesh Software and Information Services Association have launched a special financial program called Digonto to expand support for BASIS members, a press release said.

The Digonto package will facilitate ICT and ITES companies greater access to finance, business expansion and capital purchases.

Under the Digonto program, BRAC Bank will provide unsecured and partially guaranteed loans of up to Tk 1 crore to eligible BASIS members.

BRAC Bank Managing Director and CEO Selim RF Hussain and BASIS Chairman Syed Almas Kabir launched Digonto in a virtual program on Saturday.

Salman F Rahman, Prime Minister’s Advisor on Private Industry and Investments, attended the program as the main guest.

Bangladesh Bank Deputy Governor Ahmed Jamal and Bangladesh Federation of Chambers of Commerce and Industry President Sheikh Fazle Karim joined the event as special guests.

Syed Abdul Momen, SME Director of BRAC Bank, presented the Digonto package to the audience and explained how the model will support BASIS members.

Salman F Rahman said: “The IT industry is undoubtedly one of the key players in realizing the vision of a digital Bangladesh. Only visionary banks and organizations can take such a daring step and offer such a comprehensive and structured package to extend support to this promising sector. I think it will be an example for others to follow.

Commenting on the occasion, Selim RF Hussain said: “Digonto is not just a loan facility, it is a complete financial package specially designed for BASIS members. It will also facilitate the banking services needed to finance stimulus packages, international payments, facilitate global business and collect export earnings.

Digonto will enable BASIS members to obtain single installment loans and revolving loans in addition to term loans to facilitate custom finance for ICT-based businesses. In addition, BASIS women entrepreneurs will get loans at a rate of only 7 percent.

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Can you take out subsidized loans for graduate studies? Thu, 11 Mar 2021 05:38:23 +0000

You cannot get subsidized loans for graduate studies. Previously, you could take out these loans – on which the government pays the interest while you are in school – but the subsidized loans for graduate students were phased out on July 1, 2012. Undergraduates can still get loans. subsidized.

Federal unsubsidized loans are available if you are enrolled at least part-time in a higher school. Exhaust these loans first if you need to take out graduate student loans. Although unsubsidized loans cost more than subsidized loans, they are still probably the cheapest option available.

Can You Get a Parent PLUS Graduate Loan?

Parent PLUS loans are not available for graduate studies. Only parents of undergraduate students can get these loans. Graduate students can subscribe graduate loans PLUS. These are like Parent PLUS Loans, but on behalf of the student, not the parents.

Parents who wish to help pay for graduate degrees can take out or co-sign private graduate loans for their children. Private student loans have lower fees than PLUS loans and may have lower interest rates, depending on your credit history.

How much money can you get for your graduate studies?

Loan limits for graduate students may vary depending on the type of loan, as well as the amount you have taken out as an undergraduate student:

  • Federal subsidized and unsubsidized loans. Graduate students are not eligible for subsidized loans, but can borrow up to $ 20,500 per year in federal unsubsidized loans. You cannot receive more than $ 138,000 in total unsubsidized and subsidized loans, including loans that you took out as an undergraduate student.

  • Federal Graduate Loans PLUS. There is no specific annual or lifetime limit for PLUS graduate loans. You can borrow up to your school’s official tuition fees, less any other aid you have received. For example, if your cost of attendance was $ 70,000 and you got $ 30,000 through scholarship and unsubsidized loans, you could take $ 40,000 into a grad PLUS loan.

  • Private loans to graduate students. The amount that you can get will depend on the lender. Many cap your annual borrowing at the cost of participation, as with graduate PLUS loans, but have aggregate lifetime limits. These amounts may depend on your graduate degree. For example, you can borrow more from Citizens Bank if you are looking for a professional graduate degree versus a college degree.

How to take out a loan for graduate studies

You can apply for Federal Student Loans for Graduate Studies by submitting the Free Application for Federal Student Aid, or FAFSA. Graduate students do not have to include their parents’ income information in the FAFSA.

You must not have adverse credit history to take out a PLUS loan for graduate studies. If you are not eligible due to your credit, you can appeal this decision or reapply with an eligible endorser. An endorser, like a co-signer, will share responsibility for the PLUS loan. All graduate students can receive unsubsidized loans regardless of their credit.

If you want to take out a private graduate student loan, apply directly to the lender. You may need a co-signer to qualify.

Which graduate student loan is right for you?

Federal loans are generally the best choice when pay for higher education because programs like income-based plans can help keep payments manageable. However, if you have good credit and enter a profession with high earning potential, private loans can be cheaper in the long run.

Many lenders offer student loans for graduate studies. Some also have loan programs for specific vocational degrees. Evaluate all of your options to get the best deal possible.

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Rights groups oppose Supreme Court candidate Thu, 11 Mar 2021 05:38:23 +0000

One of the most important decisions presidents make is about life-time federal judicial appointments at all levels: circuit, appeal, and the United States Supreme Court. The independent federal judiciary is responsible for ensuring that the country’s courts are fair to all. Even the phrase “equal justice before the law” is carved into the stone facade of the Supreme Court building.

A recent blog from the American Bar Association states: “In order for the nation to continue to have confidence in the integrity and independence of the federal justice system, the process of placing judges on the bench must be seen as fair, without haste and impartial. ”

But for black America and other communities of color, throughout our history and continuing to this day, “justice” is often far from fair or even-handed. In recent years, the Supreme Court has said that businesses should be treated like people and that the right to vote no longer needs to be protected. In November, the High Court is expected to review the Affordable Care Act, also known as Obamacare.

Other issues that may affect the Supreme Court include whether federal agencies can pre-empt state laws protecting consumers from bad actors in the area of ​​student loan administration, and in the area of ​​high-cost payday, auto title and installment loans. Even the half-century-old national fair housing law could be overhauled, due to the Trump administration’s withdrawal of an Obama-era fair housing rule known as the disparate impact . If he is allowed to stand, the onus of proving discrimination will shift to consumers instead of powerful corporations and allegedly violated the law.

“Over the next few years, the Supreme Court will make important and lasting decisions that will affect all facets of our lives, including income inequality, the racial wealth gap, access to health care – including reproductive rights – and many other issues, ”says a new guidance note from the Center for Responsible Lending.

For these and other reasons, the passing of Judge Ruth Bader Ginsburg created an important moment for the future of the Court. As the second woman to serve as a Supreme Court justice, the famed “JBR Notorious” broke gender barriers throughout her legal career, forging freedom and access for many historically marginalized people. .

The appointment of Judge Amy Coney Barrett to fill the vacancy has sparked a chorus of civil rights organizations voicing their categorical opposition. As the former clerk of Judge Antonin Scalia in 1998-99, Barrett often praised him as his mentor and praised his judicial philosophy both as a law school professor and as a judge.

When announcing his appointment to the Rose Garden of the White House on September 26, Barrett said: “I served as a clerk to Judge Scalia over 20 years ago, but the lessons I learned resonate. again. His judicial philosophy is mine too: a judge must apply the law as it is written. Judges are not political decision-makers, and they must be determined to set aside any political opinions they might have. ”

Despite the Tory praise and the Senate majority’s commitment to push through his nomination, civil rights organizations and other advocates have voiced strong opposition to Barrett.

“We oppose its confirmation in court,” said Kristen Clarke, chair and executive director of the Lawyers’ Committee for Civil Rights Under Law. “Its confirmation would radically change the Supreme Court in a way that would prove devastating to black communities and other people of color across the country.”

Likewise, the head of the country’s largest and oldest civil rights organization recently briefed the Senate Judiciary Committee on the NAACP’s position on the nomination.

“Coming in the midst of a presidential election in which more than seven million people have already voted, Barrett’s nomination is as illegitimate as it is corrupt,” Derrick Johnson, NAACP chairman and CEO, wrote to the Judiciary Committee. “Question after question, we found her incredibly hostile to civil rights.”

“Early and absent votes are already cast for the November elections – and the nomination of a candidate for a life nomination to the highest court in this country during this election period undermines the democratic process and does a disservice to the public American, ”said Sherilynn Ifill, President and Managing Director of the NAACP Legal Defense and Educational Fund. “Senators must also respect the clear will of the American people and honor the precedent they set in 2016, by refusing to consider any candidate until the winner of the presidential election is invested.”

Mike Calhoun, president of the Center for Responsible Lending, said: “The Senate majority must prioritize relief legislation against COVID-19 for the rest of the year and not use the remaining time of this session to confirm judicial nominees, leaving millions of Americans vulnerable. to financial difficulties. ”

Less than three weeks before Election Day, the Senate began the confirmation process on Monday, October 12, with its Judicial Committee hearings, chaired by Senator Lindsey Graham of South Carolina. The committee is expected to vote on the nomination on October 22. As Senate Majority Leader, Kentucky Senator Mitch McConnell plans a floor vote for the week of October 26.

Barrett’s quick review is a stark contrast to the long Senate-induced delay in President Obama’s Supreme Court nomination for the 2016 election year.

On February 13, 2016, Deputy Supreme Court Judge Antonin Scalia passed away. Weeks later, on March 16, 2016, President Obama appointed Judge Merrick Garland as Chief Justice of the United States Court of Appeals for the District of Columbia Circuit.

But the US Senate refused to hold committee hearings or a floor vote for nearly a year, denying President Obama the right to fill the vacant seat on the court. Senate Majority Leader Mitch McConnell publicly boasted in a speech in August: “One of my proudest moments was when I looked Barack Obama in the eye and said: ‘Mr. Mr. President, you will not fill the vacant post on the Supreme Court. ”

Almost a year later, the long vacancy in the High Court allowed President Trump to appoint Neil Gorsuch on February 1, 2017. The Senate confirmed Gorsuch on Friday April 7, 2017 and he was sworn in on the following Monday April 10. In real time, this nomination process only lasted two months.

It’s also worth noting that with the nation increasingly diverse, the federal judiciary remains dominated by white judges.

A recent Associated Press analysis of the Trump administration’s judicial appointments found that white males made up nearly 86% of the 206 lifetime appointments made. Likewise, 85% of all US attorneys confirmed by the Senate were white males.

A justice system that does not reflect the people it is sworn to protect struggles to ensure diverse backgrounds, experiences and perspectives in judicial deliberations. Continuing the trend of appointing and confirming white, conservative judges strains – if not ignores – the nation’s promise of equal justice.

In the words of the Leaders’ Conference on Civil and Human Rights, “During this pandemic and amid national calls for racial justice, we cannot allow Trump to choose a third justice which he believes devastate our hard-fought civil and human rights – including access to health care for millions of people. ”

Looming electoral decisions include the future of hard-won civil rights and whether they will continue to be systematically dismantled. It is up to the voters to decide. And the choices must be clear: a return to the many evils of the past years, or a hopeful future with justice and opportunity for all.

Choose America wisely.

Charlene Crowell is a Principal Investigator at the Center for Responsible Lending.

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Woori Financial to acquire Aju Capital for W572.4b Thu, 11 Mar 2021 05:38:23 +0000

Woori Financial Group said on Friday that its board of directors had agreed to buy a controlling stake in non-bank lender Aju Capital from private equity firm Well to Sea Investment for 572.4 billion won (507.2 million of dollars).

This decision announces the decision of the fourth South Korean banking group to strengthen its non-banking activities and diversify its business portfolio.

According to Friday’s filing, Woori’s board of directors has agreed to acquire 42.6 million ordinary shares, a 74.04% stake, in the company dedicated to installment loans for auto purchases. and other financing services for consumers and businesses.

Aju Capital is the sixth largest installment lender here by total assets.

The expected purchase price – 13,435 won per share – is slightly lower than Aju Capital’s closing price of 13,450 won on the country’s main stock exchange, Kospi. Woori said the purchase price is subject to change.

Woori did not say when the deal is expected to close, as the timeline for the financial regulator’s review has yet to materialize.

Once the acquisition is complete, Woori will control not only the installment loan provider, but also its wholly owned lending subsidiary, Aju Savings Bank.

This comes three years after Well to Sea Investment bought a controlling stake in Aju Capital in June 2017.

Woori revealed in his disclosure on Friday that the banking group and Well to Sea signed a right of first refusal in 2017 for the Aju Capital property.

Under this provision, Woori or a third party appointed by Woori is granted the exclusive right to purchase Aju Capital shares held by Well to Sea. Woori also supported the capital of a special purpose company Well to Sea for its acquisition of Aju Capital in 2017.

Aju Capital reported net profit of 101.6 billion won in 2019, up 11.7 percent year on year, according to its consolidated financial report. This is in part attributable to the improvement in its credit rating by local credit bureaus, from “A” to “A +”, which has enabled the company to obtain capital at lower cost.

Amid fierce competition with rivals such as KB, Shinhan, and Hana, Woori has engulfed financial services companies to strengthen its non-banking business and diversify its revenue streams in recent years. Only last year, Woori took over property management company Kukje Trust and asset management companies Tongyang Asset Management and ABL Asset Management. Woori also bought a minority stake in Lotte Card, alongside private equity firm MBK Partners.

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If you lose financial assistance, can you get it back? Thu, 11 Mar 2021 05:38:23 +0000

When you started college, you may have assumed that your financial aid the whole would be solid for the next four years. But now, spring has arrived and you have been caught off guard: you have learned that you will get less money next year.

Here’s why you may have lost your financial aid and what you can do to get it back.

Possible reasons for the suspension of your financial assistance

There are five main reasons you might lose financial aid:

  • Your parents earn more money. If they were pushed into another tax bracket, it will particularly affect your financial aid.

  • Your grades did not requalify you for scholarships or grants.

  • You did not take enough credits to re-qualify for federal aid.

  • Tuition fees and your school fees have increased.

  • Your school’s financial aid offers more scholarships in the first year and more loans in the following years.

Don’t panic: you may be able to negotiate your financial aid offer, and if you can’t, you can take steps to close the gaps.

Talk to your financial aid office

Your first step should be to start a dialogue with your financial aid office. Staff can help you find out what happened and how to respond to it. If your grades have slipped, ask what you can do to get back on track.

“I like it when they call and say, ‘I understand my grades don’t meet the requirements. Is there anything I can do?’ It shows some initiative, ”says Brad Yeckley, assistant director of financial literacy at the Penn State Financial Literacy Center.

Apply for private scholarships

It is a good idea to apply Scholarships throughout your college years, even if you don’t mind losing financial aid.

Maximize your chances by playing on your accomplishments – such as a high grade point average, awards, leadership roles, and volunteer activities – by showing that you align with the organization’s mission in your application and focusing on less competitive scholarships, such as local scholarships or scholarships for non-first year students.

Take advantage of tutoring programs and office hours

It is not uncommon for students to lose scholarships because their grades have dropped. And your financial aid award letter might not even have mentioned the minimum GPA required to keep those funds, says Marguerite Dennis, who spent 40 years working in college admissions and financial aid and is the author of “The New College Guide: How to Get In, Get Out, and Get a Job.”

If this is your case, prove that you are actively trying to increase your grades to regain your help by signing up for tutoring programs and visiting your professors during their office hours.

Appeal your reward

Call on your reward works best if you’ve had a recent change in your financial situation – like a family birth or death or parental job loss – that wasn’t reflected on your last free federal student aid application ( FAFSA). You can also update or correct your FAFSA.

If you have lost your eligibility for federal assistance because you do not satisfactory academic progress, notify your school’s financial aid office of any extenuating circumstances that affected your grades.

Maximize your federal student loans

If you have to take out loans to make up the difference, start with federal loans. They’ll likely offer the lowest interest rates, come with flexible repayment plans, and in some circumstances they can be forgiven. Plus, they’re not dependent on your credit.

Here are the current federal loan options for undergraduates:

  • Subsidized and subsidized direct loans: annual rate of 4.53%; you can borrow between $ 5,500 and $ 12,500 per year.

  • Parent PLUS Loans: 7.08% APR; you can borrow up to the participation fee, less any other assistance.

Consider taking out a private loan

Private loans should be a last resort, but they can be a useful tool for some – especially borrowers who have good credit or have a co-signer with an excellent credit rating. Look for a private loan which offers incentives, such as cash back for good grades, and interest-only payments while in school, if possible. This way, your accrued interest will not be added to your principal balance after you graduate.

But be careful: private loans do not come with the same protections for borrowers as federal loans.

Transfer to a cheaper school

If you can’t afford more loans, consider continuing your education elsewhere. You may be able to take general education classes at your local community college, says Deborah Fox, CEO and founder of Fox College Funding. Weigh your budget and potential postgraduate income against your potential loan repayments to see if the transfer is a good option.

If you decide to change schools, make sure that enough of your credits will be transferred to make the change worthwhile. Taking more than four years to graduate is another added expense.

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Oportun makes $ 375 million – Thu, 11 Mar 2021 05:38:23 +0000

SAN CARLOS, Calif., March 8, 2021 (GLOBE NEWSWIRE) – Oportun Financial Corporation (Oportun), a financial services company leveraging its digital platform to provide hardworking workers with responsible, affordable and creative alternatives to securities lending automobiles, today announced the issuance of $ 375 million of two-year asset-backed notes secured by a pool of its unsecured personal installment loans.

The offering included four categories of fixed rate notes: Class A, Class B, Class C and Class D. DBRS, Inc. rated all categories of notes, assigning AA (low) ratings, respectively. (sf), A (low) (sf), BBB (low) (sf) and BB (high) (sf). Kroll Bond Rating Agency, LLC has rated Class A and Class B notes, assigning ratings of A (sf) and BBB (sf), respectively. The Notes were placed with a diverse mix of institutional investors in a private offering in accordance with Rule 144A under the Securities Act of 1933, as amended. The price of the Notes was subject to a weighted average fixed interest rate of 1.79% per annum. Goldman Sachs & Co. LLC acted as senior bookrunner with Jefferies LLC, Morgan Stanley & Co. LLC and Natixis Securities Americas LLC as joint bookkeepers.

Our securitization has been oversubscribed on several occasions, demonstrating investor confidence in the high quality of our loans and operations, said Jonathan Coblentz, CFO of Oportun. The transaction was our largest bond issue and lowest cost of funding to date and gives us the flexibility of capital necessary to support our growth in 2021 and beyond.

The strong response from investors validates the work we have done to develop a digital platform with AI-based models that is able to accurately and fairly mark a segment of the market that has been deemed too difficult for the market to assess. mainstream financial public, Raul said. Vazquez, CEO of Oportun. Our clients are hard working people without a credit score or who have been badly rated due to an insufficient credit history, and Oportun is on a mission to provide them with credit building products that allow them access to a better financial future.

Oportun carried out its first securitization in June 2013.

This press release does not constitute an offer to sell or the solicitation of an offer to buy such securities, and there will be no sale of such securities in any jurisdiction where such an offer, solicitation or sale would be illegal before registration or qualification under the securities laws of that jurisdiction.

About Opportunity
Oportun (OPRT) is a financial services company that leverages its digital platform to deliver responsible consumer credit to hardworking people. Using AI-powered models that are based on 15 years of proprietary customer information and billions of unique data points, Oportun has stretched over $ 9.8 billion in affordable credit, providing customers with alternatives to payday loans and auto titles. In recognition of its responsibly designed products that help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009. The company recently applied for a National Banking Charter to extend its services and make its products available in all 50 states. For more information, visit

Investor contact
Nils Erdmann
[email protected]

Media contact
Usher Lieberman
[email protected]


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How to get free or cheap entry to the museum Thu, 11 Mar 2021 05:38:23 +0000

A trip to the museum can provide a much needed dose of history and culture; after all, you can’t get close to dinosaur bones or Vincent van Gogh’s expressive brushstrokes just anywhere.

Access to valuable works of art, artifacts and experiences can seem budget, but there are ways to avoid or lessen the cost.

Here’s how to visit a museum for free or at low cost.

Book your tickets with your library card

Looking to explore the art and culture of your community? In cities like Seattle and Boston, you can get free passes to local museums through the public library system. This usually requires nothing more than a valid library card and a quick phone call or visit to your library’s website for setup.

Take advantage of the advantages of banks or credit unions

Some financial institutions offer their clients free or reduced admission to the museum. Through the “Museums about us», Bank of America credit or debit cardholders who present their credit or debit card and photo ID can get free general admission to select museums on the first full weekend of each month .

Not a Bank of America member? Check with your financial institution to see if a similar offer is available to you.

One-day visit with free or reduced admission

Check the calendar before planning a trip. Many museums allow visitors little or no charge on certain days or at certain times. General admission to the de Young and Legion of Honor Museums in San Francisco, regularly $ 15 each, is free every Saturday for city residents with ID and free for everyone on the first Tuesday of every month.

Check the calendar before planning a trip. Many museums allow visitors little or no charge on certain days or at certain times.

Other venues, such as the Smithsonian Museums in Washington, DC and the Getty Center in Los Angeles, are always free.

Look for flexible pricing policies

Museum prices are not always fixed. You can sometimes pay less by booking your ticket in advance. For example, you’ll save $ 3 per ticket to Boston’s Museum of Science by purchasing at least one day before your visit.

Museums sometimes offer retail prices, but give you the option of “paying what you want”. This is the case at the American Museum of Natural History in New York if you’re buying at the box office, for example. It never hurts to read the fine print.

Use military, senior or other discounts

As is often the case in theaters and retail stores, some museums offer customers discounts based on age, occupation or other criteria. Those with military, teacher, student, senior or other status can often take a break. Find out from some places about special rates you may be eligible for, and be prepared to show the appropriate verification, such as a driver’s license or military ID, upon entry.

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