Accounts – Photo 2000 http://photo2000.co.uk/ Fri, 28 May 2021 20:52:17 +0000 en-US hourly 1 https://wordpress.org/?v=5.7.2 https://photo2000.co.uk/wp-content/uploads/2021/05/cropped-icon-32x32.png Accounts – Photo 2000 http://photo2000.co.uk/ 32 32 Has Bionano Genomics (BNGO) surpassed other medical actions this year? https://photo2000.co.uk/has-bionano-genomics-bngo-surpassed-other-medical-actions-this-year/ https://photo2000.co.uk/has-bionano-genomics-bngo-surpassed-other-medical-actions-this-year/#respond Wed, 07 Apr 2021 23:16:33 +0000 https://photo2000.co.uk/has-bionano-genomics-bngo-surpassed-other-medical-actions-this-year/ IInvestors focused on the medical space have likely heard of Bionano Genomics (BNGO), but is the stock performing well compared to the rest of its industry peers? A simple way to answer this question is to take a look at the performance since the start of the year of BNGO and the rest of the […]]]>


IInvestors focused on the medical space have likely heard of Bionano Genomics (BNGO), but is the stock performing well compared to the rest of its industry peers? A simple way to answer this question is to take a look at the performance since the start of the year of BNGO and the rest of the actions of the medical group.

Bionano Genomics is one of the 1,024 individual stocks in the medical sector. Collectively, these companies are in 16th place in the Zacks sector ranking. Zacks’ sector ranking takes into account 16 different sector groups. The average Zacks rank of individual stocks within groups is measured and sectors are ranked from best to worst.

Zacks Ranking is an effective stock picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the overall market over the next one to three months. BNGO currently has a Zacks rank of # 2 (Buy).

Zacks’ consensus estimate for BNGO’s annual profit rose 19.70% in the last quarter. This indicates that analyst sentiment is improving and the stock’s earnings outlook is more positive.

Our latest available data shows that BNGO has returned around 154.22% since the start of the calendar year. At the same time, medical values ​​lost an average of 2.23%. This means that Bionano Genomics is outperforming the industry as a whole this year.

Breaking it down further, BNGO is a member of the medical industry – biomedical and genetics, which comprises 469 individual companies and currently sits 193rd in the Zacks industry rankings. This group has lost an average of 4.55% so far this year, so BNGO is performing better in this area.

Investors in the medical sector will want to keep a close eye on BNGO as it attempts to continue its strong performance.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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Ed department blames accreditation for Dream Center collapse https://photo2000.co.uk/ed-department-blames-accreditation-for-dream-center-collapse/ https://photo2000.co.uk/ed-department-blames-accreditation-for-dream-center-collapse/#respond Wed, 07 Apr 2021 23:16:14 +0000 https://photo2000.co.uk/ed-department-blames-accreditation-for-dream-center-collapse/ The world of higher education accreditation is obscure, obtuse, even Byzantine. But it matters. For students, that means earning credits that can be transferred to another college and a degree that has value in the workplace. For colleges, that means eligibility for federal student aid – usually the difference between staying open or closing. In […]]]>


The world of higher education accreditation is obscure, obtuse, even Byzantine. But it matters.

For students, that means earning credits that can be transferred to another college and a degree that has value in the workplace. For colleges, that means eligibility for federal student aid – usually the difference between staying open or closing.

In the case of Dream Center Education Holdings, the loss of accreditation of only two out of dozens of colleges contributed to the collapse of the whole company, prompting tens of thousands of students to seek hundreds of millions of dollars in loan forgiveness from the US Department of Education and the private company that took over the assets of the Dream Center.

But the question of who is responsible for this disaster has become a complex political blame game between the Education Department and the accreditation agency that oversaw these two colleges, the Higher Education Commission.

The dispute will be released to the public later this month, when the accreditation meets with ministry officials at a meeting of the National Advisory Committee on Institutional Quality and Integrity. A recently released ministerial report, which appears to have been compiled by politician appointees rather than career staff, recommends penalizing accreditation by banning it from accepting new member candidates for a year.

The advisory committee can vote to support or oppose the recommendation. But a senior official in the department, a political appointee, has the final say and will likely approve the sanction.

How we got here

When the Dream Center sought to buy the art institutes and two other for-profit chains from another company in 2017, it had to get approval from the education department and half a dozen accreditation agencies, including the Higher Education Commission, which accredits colleges. in 19 states.

As a condition of approving this sale, the Higher Education Commission placed two of the Art Institute’s colleges, which were previously accredited, in “candidacy” status – meaning their students could not. not use federal student aid on these campuses. The Commission public disclosure, from January 2018, explained the consequences for colleges and their students, and explained that “during application status, an institution is not accredited”.

This was just one of the myriad financial issues facing the Dream Center and by early 2019 the company was drowning in debt and shutting down all of its campuses. While many experts had raised questions about the structure of the company and its chances of success, the extent of the dysfunction became painfully clear thereafter.

While accreditation had repeatedly informed the company of the loss of accreditation, the Department of Education continued to provide federal assistance to these campuses, according to the findings of a congressional inquiry.

Worse yet, the students accused of not being informed that the colleges had lost their accreditation and ultimately filed a complaint against the ministry having its student loans canceled.

Who is to blame

The education department finally accepted to cancel part of the federal student loans of some 1,500 students on the two campuses of the Art Institute. But ministry officials continue to wrestle with the accreditation agency over who is to blame for the debacle, much of the interest apparently aroused by those appointed by the ministry.

Announcing the agreement to forgive certain student loans in November, Education Secretary Betsy DeVos said that “students have been harmed” by the Higher Education Commission decision to shut down campuses. of the Art Institute in candidacy status.

Since October, Assistant Secretary of Post-Secondary Education Robert King has helped conduct an in-depth investigation into the accreditation decision-making process that included reviewing emails between the commission and the Dream Center and interviews with the advisor. company legal and even a former employee. of the commission.

A staff report, usually written for the advisory board by a member of the ministry’s accreditation group, has been replaced by a formal letter of findings signed by Annmarie Weisman, senior director of development, analysis and review services. policy accreditation.

The ministry’s conclusions: When the commission approved the sale of the art institutes to the Dream Center, it was not explicit in telling the new owners that the candidacy status meant the colleges could not receive federal aid to students, says the ministry.

“This all reads very politically,” said Clare McCann, federal higher education policy expert with think tank New America. “This is the department that is trying to cover its actions on the Dream Center and for the company that has been lying about its accreditation status for months,” she said.

McCann says it’s hard to believe anyone who runs a university and his lawyers didn’t get this. “The lawyers at the Dream Center might not read the fine print,” she said, “but they should have understood what the candidacy means.”

The ministry’s report also argues that the colleges should have been given the opportunity to appeal the accreditation’s decision to nominate the colleges.

“This situation does not concern the ministry; these are the thousands of students who have been injured by an accreditor who did not follow their own procedures or our regulations, ”said a written statement from Angela Morabito, a spokesperson for the department. “The ministry needs to hold all accreditors accountable when they make mistakes that harm students and taxpayers,” she said.

The commission’s response, noted in the report, is that the company agreed to the terms of the change in ownership – it could only have appealed the decision if the accreditation had rejected the sale.

All of this will be debated ad nauseam at the meeting of the National Advisory Committee on Institutional Quality and Integrity, where there will likely be a lengthy debate on a vote that will have little influence on the outcome of the case.

In a prepared statement, Accreditation responded that it “welcomes the opportunity for open dialogue” to explain how it “has followed federal regulations and our policies as we act within our authority and with the best interests of the students at all times. . “

One explanation will not suffice. In addition to prohibiting any new institution from applying to become a member of the commission, the accreditor must submit a compliance report on how it will help students who have been wronged by its decision in the Dream Center, “in particular with regard to academic status. credits earned in institutions during the calendar year 2018. “

In addition, the commission must accept the department’s ultimatum that it made the wrong decision. “The ministry continues to believe that because of the” procedural shortcomings of accreditation “, its actions to move the institutions to the status of candidacy are void,” said the letter from the ministry. The commission “must take action to remedy this problem and recognize the ministry’s interpretation of events before the ministry’s concerns are allayed.”



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How to pay off your mortgage before it expires https://photo2000.co.uk/how-to-pay-off-your-mortgage-before-it-expires/ https://photo2000.co.uk/how-to-pay-off-your-mortgage-before-it-expires/#respond Wed, 07 Apr 2021 23:16:05 +0000 https://photo2000.co.uk/how-to-pay-off-your-mortgage-before-it-expires/ Tips for paying off a mortgage early Would you like to be mortgage free? A relatively small number of Americans own their homes completely. Many other people will have some equity in their homes, with a mortgage making up the difference. It is estimated that two-thirds of homeowners find themselves in this situation and pay […]]]>


Tips for paying off a mortgage early

Would you like to be mortgage free? A relatively small number of Americans own their homes completely. Many other people will have some equity in their homes, with a mortgage making up the difference. It is estimated that two-thirds of homeowners find themselves in this situation and pay interest to their lender every month.

While you can spend many years gradually paying off your mortgage, the benefits of paying off a mortgage early will help your financial future.

If you want pay off a mortgage early, there are many options. Becoming debt free is easier than you might imagine. Let’s take a look at ways to get rid of your mortgage early.

Can you pay off your mortgage early?

Your lender may have rules that mean you can only pay extra for your mortgage at certain times. Paying extra outside of these hours could result in prepayment penalties. Check the rules with your lender before you start making additional payments. Today, most lenders don’t have prepayment penalties, but it’s worth checking out first. In fact, it’s something to find out before you do get mortgage approval. There should never be a penalty for paying off or canceling a mortgage.

You should also make sure that your additional payments are used to pay off your loan balance, and not just to pay off next month’s payment earlier. This may mean that you need a note added to the payment stating that it has to pay the principal balance.

You may have heard of a mortgage accelerator program to help you pay off your home loans sooner. However, you don’t need a program like this to pay off the mortgage sooner. You can do this yourself using the methods that we are going to show you.

See also: Mortgage lenders who do not require an income tax return

Make payments every 2 weeks

Bi-weekly payments are one of the easiest ways to pay off a mortgage early. Instead of paying your mortgage once a month, you could pay half of your monthly payment every 2 weeks. That translates to 26 half or 13 full payments, or one more mortgage payment each year.

While that doesn’t seem to make much of a difference, it really does. Making 13 payments per year on a 30-year mortgage could take 8 years off the life of your loan. The exact time that will be reduced will depend on the interest rate you pay.

How to pay off your mortgage every 2 weeks

The first thing to do is figure out how much you have to pay. Find the principle and the amount of interest you normally pay and divide it by 2. You can then pay this amount every two weeks, and it shouldn’t be extra strain on your finances.

Remember, you always have to pay the right amount of tax and insurance. Add that to your mortgage payments as well.

Will your lender accept this payment plan? They might not, and if not, you can deposit those payments into a new bank account and pay the normal monthly payments from there. You can also do this if they accept payments but charge extra fees.

You can then make the additional payment when you have enough in your new account, and this is authorized by your lender.

Prepay your mortgage early

As you can see, even an additional payment makes a big difference in the length of the loan. And the fewer years you pay off your mortgage, the less money you will waste on interest.

Make more payments

If you can make an additional payment quarterly, you could reduce the interest payment period by more than 10 years. The savings you can achieve by making more payments depend on the terms of your mortgage.

Make small sacrifices

If you can reduce your daily expenses slightly, you could use that money to pay off your mortgage faster. If, for example, you save money every day by not buying coffee or paying for lunch at work, putting that money into your home loan will make a big difference.

Suppose you spend $ 3 a day on coffee on average. This adds up to $ 90 per month. Using that money to prepay the mortgage could save you between $ 20,000 and $ 30,000 in interest and could cause the loan to be paid off 3 to 5 years sooner.

Rent a room

If you have a big enough house, some people like the idea of ​​renting a room for extra money. They’ll turn around and put all those funds into the mortgage principal balance every month. As long as you have an all-you-can-eat rental agreement, you can get the tenant to leave within 30 days if you tire of seeing someone share your home.

Reduce the size of your house

If you have more space than you really need, reduce the size of your house could help you get rid of your mortgage completely. Buying a smaller home with the profits from the larger home will reduce your debt, making it easier to release your mortgage.

This can be a pretty extreme step to take, but it will definitely work, saving you thousands of unnecessary interest payments.

Act like you’ve refinanced

Refinancing your mortgage again means paying closing costs, although you might get a lower interest rate. If you already have a low enough interest rate on your mortgage, pretend you’ve reduced the number of years it runs.

If you have a 20-year mortgage, instead act like it’s a 10- or 15-year mortgage and adjust your payments accordingly. Increasing your payments, if you have income, will massively reduce the amount of interest you pay.

Before buying a house

If you don’t already have a home and are looking to buy, there are steps you can take to reduce the time it takes to pay off your mortgage.

An important point is to make sure that you are financially strong enough to buy the home you want. Ask yourself the following questions:

  • Are you in debt?
  • Do you have at least 3 months of emergency funds available?
  • Will monthly payments be less than 25% of your income?
  • Do you have the money to pay for closing and moving costs?
  • Can you afford utilities and ongoing maintenance fees?
  • Does your financial situation allow you to take out a 15-year fixed-rate mortgage?
  • Do you have a decent down payment ready?

Ideally you should have 20%, but at least 10% will help you get a better interest rate from lenders. Although 20% guarantee you won’t waste money on pay for private mortgage insurance, which could represent 1% of the loan value.

Paying more up front also means you’ll have to fund less. This leads to lower monthly payments and an easier way to get mortgage free.

Get help with purchasing

An experienced real estate agent should help you find a home that meets your requirements and budget. They can even help you find a home before it goes on sale, allowing you to bid before anyone else.

Your buyer’s agent can also help you negotiate a better deal that could lower your expenses. All of this can help you get off your mortgage faster and save you a ton of money on interest.

Hope you found the mortgage prepayment information useful.

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Drug company soars with positive drug trial results https://photo2000.co.uk/drug-company-soars-with-positive-drug-trial-results/ https://photo2000.co.uk/drug-company-soars-with-positive-drug-trial-results/#respond Wed, 07 Apr 2021 23:15:51 +0000 https://photo2000.co.uk/drug-company-soars-with-positive-drug-trial-results/ The Medicines Company (NASDAQ: MDCO) announced last week that recent test data showed positive results for its flagship cholesterol drug, inclisiran. Shares of the company, which has a market cap of $ 3.82 billion, climbed 9.3% in response to the news, and although the stock has returned most of those gains since then, it has […]]]>


The Medicines Company (NASDAQ: MDCO) announced last week that recent test data showed positive results for its flagship cholesterol drug, inclisiran. Shares of the company, which has a market cap of $ 3.82 billion, climbed 9.3% in response to the news, and although the stock has returned most of those gains since then, it has is always very encouraging news for the biotechnology business.

Since the company sold its infectious disease assets in 2017, The Medicines Company has placed almost all of its eggs in one basket. This appears to have been a good move, as the drug candidate appears to have an increasingly optimistic path to final FDA approval.

IMAGE SOURCE: GETTY IMAGES.

What happened?

The Medicines Company, alongside its partner, Alnylam Pharmaceuticals (NASDAQ: ALNY), has been working on developing a treatment for patients with high cholesterol for years. Specifically, inclisiran is intended to lower LDL cholesterol in patients with cardiovascular disease, as well as in patients with genetic disorders such as heterozygous familial hypercholesterolemia, an inherited disease that causes high cholesterol. As an RNA therapy, inclisiran helps patients by influencing the body’s protein-making mechanisms to inhibit the production of LDL cholesterol – also known as bad cholesterol – in the body.

In an announcement last week, the company confirmed that its Phase 3 clinical study, ORION-10, met all of its primary and secondary endpoints of lowering LDL levels in patients during the course of the study. trial. At the same time, there were no health consequences in terms of kidney or liver abnormalities, which matches previous studies by the company and reconfirmed the absence of significant side effects from taking inclisiran.

What this means for The Medicines Company

Overall, this is great news for The Medicines Company, with some analysts already seeing the inclisiran as an easy victory.

CEO Mark Timney said:

The results observed in ORION-10 again demonstrate the exceptional efficacy, tolerability and safety of inclisiran. This is further validation of the potential of this first and only experimental cholesterol lowering therapy in the siRNA class to transform the treatment of cardiovascular disease for millions of people with ASCVD. [atherosclerotic cardiovascular disease].

Although there is good competition in the cholesterol lowering space, including Repatha de Amgen (NASDAQ: AMGN), the overall market is large enough that there is plenty of room for competitors. One-third of patients with high cholesterol and plaque-induced arterial blockage do not see significant improvement on a class of drugs called statins and other common cholesterol drugs. This means that of the roughly 35 million patients prescribed statins in the United States, 11.7 million will need drugs or alternative treatments to control their LDL cholesterol.

Cholesterol-lowering drugs such as statins are expected to represent a market of $ 22.6 billion by 2022. Even though only a third or a fifth of all patients switch from statins to alternative drugs such as inclisiran, the size The potential market for these treatments would easily be between $ 5 billion and $ 10 billion.

Other positive developments

In December 2018, the company announced that it had appointed Timney as the new CEO. His previous experience includes working at Merck (NYSE: MRK), where he participated in the launch of cardiovascular products for the pharmaceutical giant. This experience fits perfectly with The Medicines Company as the company moves from research and development to preparing for a possible launch. For now, regulatory submissions for the cholesterol drug are expected to take place in the fourth quarter of 2019.

From a financial standpoint, The Medicines Company is also in a good position. As of June 30, 2019, the company had $ 319.3 million in cash or cash equivalents, which is enough to last approximately nine more months, according to management’s estimates. While these reserves don’t last forever, it’s easy to see the company pursuing additional fundraising activities if it needs to strengthen its position.

Overall, the outlook looks pretty good for the company as well as its stock. While investors cannot ignore the fact that the FDA has yet to approve the drug and anything can happen in the meantime, The Medicines Company seems to have a bright future ahead of it.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are motley! Questioning an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.



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How to help your team refocus on growth after the Covid hassle https://photo2000.co.uk/how-to-help-your-team-refocus-on-growth-after-the-covid-hassle/ https://photo2000.co.uk/how-to-help-your-team-refocus-on-growth-after-the-covid-hassle/#respond Wed, 07 Apr 2021 23:14:39 +0000 https://photo2000.co.uk/how-to-help-your-team-refocus-on-growth-after-the-covid-hassle/ While most of the risks and burdens of Covid-19 are still with us, now is the time to plan for growth rather than just keep hanging on. If we wait until all signs of the pandemic are gone before we plan for a more solid future, we risk missing the optimal time to act. The […]]]>

While most of the risks and burdens of Covid-19 are still with us, now is the time to plan for growth rather than just keep hanging on. If we wait until all signs of the pandemic are gone before we plan for a more solid future, we risk missing the optimal time to act.

The need to take a rigorous look to the future becomes especially evident as I work with organizations that have curled up as best they can during Covid, trying to rotate their offerings, doing the crazy work of getting PPP loans and reassuring staff that there was still a place for them. Planning is vital, even for businesses that have pivoted so well that they are overwhelmed by unanticipated growth and rely on workarounds and overtime rather than robust infrastructure and processes.

You can build for growth

It is really difficult to sustain a big change in the trajectory of an organization if the leaders isolate themselves or rely on the intelligence of a few people. Better keep the energy and commitment of the entire team to propel you forward through their belief in the goals and mission of the company and their dedication to their teammates. Here is a multi-step process that I have used with clients to make sure everyone is headed in the right direction.

Step 1: Generate Ideas

Whether working in person or remotely, clearly set the context and ground rules to avoid the typical problems associated with brainstorming sessions: the ideas of the most assertive people get the most attention, the group gloating over an idea. and ignoring others, introverts not having heard their ideas, or even any of the ideas used.

Specify the general direction in which you want the discussion to go. You may be planning to grow your business, enter new markets, enter a particular market niche for an additional 20%, or become # 2 in the field when you landed at # 9. Prime the pump . by providing advanced materials to the group: from analyzes of market conditions to relevant scientific journals of new developments in the field.

At the start of the meeting, explain that for this first step, the emphasis is on the ideation and aggregation of as many new ideas as possible – not on the critique or analysis of the ideas. Consider using unfamiliar language to emphasize: “We are now at the proliferation of ideas stage, not at the scrutiny stage. We will not consider risk assessments or conflicts; we’re just going to generate as many ideas as possible. ”

To avoid the typical brainstorming session of braver or more outgoing people calling out multiple ideas and everyone shrinking in their seats, allow participants 15 to 30 minutes of silence to write down as many ideas as possible. Mute everyone who is on the video and let attendees turn off their cameras if they prefer. Collect ideas, then end the meeting or take a meaningful break.

Step 2: Group the Ideas

When you meet again, all the ideas should be available for everyone to consider. If you are meeting in person, you could write the ideas down on easels or whiteboards placed around the room. For a remote or hybrid team, you can collect their ideas in chat or email, then provide a shared document or a compilation of all of them. The support doesn’t matter much, but make sure everyone can see both the ideas they have contributed and those of others.

Use your new language and announce, “We’re not at the review stage yet. We’re now going to organize or sort the ideas.” To share the ideas with the whole group at the same time in a neutral way, you or a facilitator can read the ideas aloud without naming the source, or you can go around the group and have everyone read two or more. three ideas. Have team members identify any connections or similarities between the ideas, so that you can code, physically move, or put the ideas together to show multiple aspects or facets of each.

Step 3: Add what is missing

Now, start looking at each group of ideas, adding critical factors to make each idea strong enough for careful consideration. Is the desired outcome specified in both quantitative and qualitative terms? What is the proposed schedule? What resources will be needed? Position this discussion as the best-case scenario planning: “We’re going to make each of these ideas as appealing or robust as possible to help us gain value, even from ideas that we ultimately decide not to pursue. They can highlight something we haven’t paid attention to or provide prompts for new experiences. ”

Step 4: Note the risks

Ask participants to carefully examine each idea, identifying the drawbacks, challenges, and real issues of pursuing a particular course of action. Because participants have already invested in building all of the ideas, they are less likely to turn negative or choose ideas that they don’t like. If it is obvious that some ideas are not strong or relevant enough, you can change them.

Step 5: Set Priorities and Assign Implementation Teams

Depending on the composition of the group and your organizational structure and culture, you may need to report approved ideas to the leadership team to determine the sequence, funding and other resources, including staffing. staff and external expertise. Then, reconvene the participants who generated the original ideas to announce those that will go forward and work on them as well as the ideas that will be addressed at a later date; you should also be prepared to explain why some ideas may have been rejected.

Do not skip this final step, otherwise the value of the participants’ work will be diminished, and they are unlikely to want to re-engage in this type of planning initiative. When you express your appreciation for their contribution and dedication to the process and share your implementation plans, you are more likely to be aligned as you go along with the actual work of building for growth.


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Small Business Administration lends money to Fultondale storm victims https://photo2000.co.uk/small-business-administration-lends-money-to-fultondale-storm-victims/ https://photo2000.co.uk/small-business-administration-lends-money-to-fultondale-storm-victims/#respond Wed, 07 Apr 2021 23:14:39 +0000 https://photo2000.co.uk/small-business-administration-lends-money-to-fultondale-storm-victims/ Small Business Administration lends money to help Fultondale storm victims The SBA will be at the Fultondale Public Library Monday to Friday 9 a.m. to 6 p.m. and Saturday 10 a.m. to 2 p.m. Updated: 5:29 PM CDT Apr 6, 2021 Hide transcription Show transcript FOR THESE LOANS. JEFFERSON COUNTY COMMISSIONERS HAD A LONG TIME […]]]>


Small Business Administration lends money to help Fultondale storm victims

The SBA will be at the Fultondale Public Library Monday to Friday 9 a.m. to 6 p.m. and Saturday 10 a.m. to 2 p.m.



FOR THESE LOANS. JEFFERSON COUNTY COMMISSIONERS HAD A LONG TIME FINDING MONEY TO HELP FULTONDALE FAMILIES WHO LOST EVERYTHING IN THE JANUARY TORNADO DEATH. WE WERE THE ONLY COUNTY AFFECTED BY THE TORNADO TODAY. WE HAD TO MEET STATE CRITERIA, WHICH ARE 7.4 MILLION LOSSES WE CAN DETERMINE WERE SIX POINT NINE MILLION SO WE DID NOT GET THE PUBLIC TO HELP PUBLIC SUBSIDIES CANNOT BE ON THE TABLE , BUT HELP IS DIFFERENT WAYS TO START WEDNESDAY. SMALL BUSINESS ADMINISTRATION REPRESENTATIVES WILL BE AT THE FULTONDALE PUBLIC LIBRARY TO HELP PEOPLE APPLY FOR LOANS. WE ARE VERY LIMITED IN WHAT WE CAN DO AS A PUBLIC ENTITY TO THE PRIVATE PERSON, BUT THIS IS WHY THIS IS A GOOD THING PEOPLE CAN COME AND HAVE AT LEAST AN OPPORTUNITY TO HELP SBA OFFICIALS SAY THAT THIS IS NOT JUST FOR SMALL BUSINESS. THIS IS ANYONE WHO HAS SEEN PROPERTY DAMAGE CAN MAKE A CLAIM. AND RACE TENANTS ARE AS LOW AS 1.125% FOR UP TO 30 YEARS AND FOR BUSINESS. RATES ARE AS LOW AS 3% UP TO 30 YEARS AND FOR NON-PROFIT ORGANIZATIONS PRICES ARE AS LOW AS 2 PERCENT FOR UP TO 30 YEARS AND LEADERS IN JEFFERSON COUNTY SAY THEY WILL CONTINUE TO TRY TO FIND MORE WAYS TO HELP LIKE A RECENT 25,000 UNITED GRANT.

Small Business Administration lends money to help Fultondale storm victims

The SBA will be at the Fultondale Public Library Monday to Friday 9 a.m. to 6 p.m. and Saturday 10 a.m. to 2 p.m.

Help is on the way for the victims of Storm Fultondale. The Small Business Administration will be at the Fultondale Public Library, Monday to Friday 9 a.m. to 6 p.m. and Saturday 10 a.m. to 2 p.m. People have to apply by June 1. Learn more in the video above.

Help is on the way for the victims of Storm Fultondale. The Small Business Administration will be at the Fultondale Public Library, Monday to Friday 9 a.m. to 6 p.m. and Saturday 10 a.m. to 2 p.m. People have to apply by June 1. Learn more in the video above.



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What if Biden never cancels your student loan debt? You have an option https://photo2000.co.uk/what-if-biden-never-cancels-your-student-loan-debt-you-have-an-option/ https://photo2000.co.uk/what-if-biden-never-cancels-your-student-loan-debt-you-have-an-option/#respond Wed, 07 Apr 2021 23:14:39 +0000 https://photo2000.co.uk/what-if-biden-never-cancels-your-student-loan-debt-you-have-an-option/ What if Biden never cancels your student loan debt? You have an option President Joe Biden has long expressed his commitment to helping Americans burdened with student loan debt. He extended a hiatus on federal student loan payments until September 30, recently canceled more than $ 2 billion in student loans, and said he wanted […]]]>


What if Biden never cancels your student loan debt? You have an option

President Joe Biden has long expressed his commitment to helping Americans burdened with student loan debt. He extended a hiatus on federal student loan payments until September 30, recently canceled more than $ 2 billion in student loans, and said he wanted to write off $ 10,000 in student debt for every borrower.

Democratic lawmakers are pushing him to eliminate up to $ 50,000 per person. But when – and if – general relief will actually occur, it’s anyone’s guess.

If you are burdened with college debt, you can wait and hope that Biden will be successful. Or, there is another option: refinance your student loans to take advantage the lowest refi rates of the moment.

Student loan forgiveness remains a big question

Graduation mortar board cap on a concept of one hundred dollar bills for the cost of a college and university education

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A large forgiveness of student loans would give millions of Americans more room in their budgets to pay off other debt, save or start investing.

Biden has said since the campaign he was in favor of canceling a federal student loan debt for every borrower, but at a CNN town hall in early February he expressed doubts that he could go as far as some members of Congress would like.

“I am ready to write off the debt of $ 10,000 but not 50 (thousand), because I don’t think I have the power to do it”, the president said.

Democrats, including Senate Majority Leader Chuck Schumer and Massachusetts Senator Elizabeth Warren, have pushed for up to $ 50,000 in pardon.

Schumer got this message for Biden: “You don’t need Congress; all you need is a stroke of the pen.” Stepping up the pressure, the New York Democrat said in mid-March that the Justice Department was addressing the issue of authority.

But the president also asked his education secretary to investigate the matter. Despite this, Biden is currently working on other priorities – namely a $ 2 trillion infrastructure plan.

The case of refinancing your student loans

Close up of signing loan agreement, couple sitting on sofa, male hand with pen setting signature, taking bank loan with easy payment terms and low interest rate for buying money 'a property

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There are signs that the ground is being laid for widespread student loan forgiveness.

In the space of about 10 days, the Biden administration recently canceled $ 2.3 billion in student loans for some borrowers, and the COVID relief law is now paying those loans. third, stimulus checks of $ 1,400 includes a huge tax exemption on canceled student debt.

But Biden’s plan to reduce student debt is still just that – a plan – and governing through executive orders can be risky, politically. Federal student loan relief is therefore not exactly guaranteed.

Instead of waiting, you might want to consider refinance your student loans at record interest rates.

Think about the interest paid on a $ 100,000 student loan. If a borrower initially took out this loan at an interest rate of 7% and then refinanced it into a new loan at 3%, that represents a savings of $ 4,000 per year on interest payments.

A bet that may be worth it

rolling dice on a wooden table

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Since the government does not offer refinancing on its loans, renewing a federal loan involves switching to a private student loan offered by a bank or other private sector lender.

This would disqualify you from any federal government loan forgiveness. But it may be a gamble worth taking.

With the economy on the road to recovery, interest rates are under pressure – so student loan rates are likely to rise.

By waiting for presidential action that may not materialize and not refinancing your student loans now, you may be missing out on a real money-saving opportunity.

Note that if you already have private student loans, you will not benefit from any federal remission. So if you haven’t already, you’ll want to compare the rates of several lenders and refinance your university debt at one of the lowest rates available today.



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Storefront loans cap for debate at Roundhouse https://photo2000.co.uk/storefront-loans-cap-for-debate-at-roundhouse/ https://photo2000.co.uk/storefront-loans-cap-for-debate-at-roundhouse/#respond Wed, 07 Apr 2021 23:14:38 +0000 https://photo2000.co.uk/storefront-loans-cap-for-debate-at-roundhouse/ Small, quick loans often lead to an ever-increasing cycle of debt, according to the Consumer Financial Protection Bureau. New Mexico lawmakers plan to further regulate the industry here during the 2021 legislative session. Senate Bill 66 cap rates and fees to match national averages in an effort to help people at risk avoid a debt […]]]>

Small, quick loans often lead to an ever-increasing cycle of debt, according to the Consumer Financial Protection Bureau. New Mexico lawmakers plan to further regulate the industry here during the 2021 legislative session. Senate Bill 66 cap rates and fees to match national averages in an effort to help people at risk avoid a debt chasm they can’t get out of. KUNM sat down with reporter Jeff Proctor to talk about the effort.

JEFF PROCTOR: Basically what we’re talking about here is what people used to call payday loans and title loans. You can try oakparkfinancial.com In other words, you could walk into a storefront with a pay stub or your vehicle title and get a loan at an insanely high interest rate because you needed the money right now. So it’s been around in New Mexico for decades and decades. The industry often calls them installment loans: you pay them off in installments and the interest builds up over time.

There is a long history of lack of regulatory framework for this industry in New Mexico. We had what was called a usury in the state law, which set limits for all different types of loans. And when I say caps, I mean, above a certain interest rate, you weren’t allowed to charge. This ceiling therefore disappeared a few decades ago. That’s problematic in a place like this, because of course we’re dealing with the issues of lack of access to the American Dream and generational poverty.

So anyway, until the late 2000s, some lawmakers and then Attorney General Gary King started to regulate this industry. There had been all kinds of horror stories, it was hardly going anywhere, because the industry, which of course made tons of money, paid a bunch of lobbyists and poured money into it. money for the campaign on both sides of the aisle. In 2017, the Legislature passed what it called a compromise that capped the interest rate at 175% per annum.

KUNM: Now you know we’re in the midst of COVID which is having devastating effects on the economy. Does that increase the likelihood of the bill being passed or capped at 35% or 36%?

ATTORNEY: Some lawmakers now feel a sense of urgency, given the economic devastation the coronavirus pandemic has caused. And just quickly in case we haven’t gotten a good enough point on this for listeners, there’s a pre-tabled bill that would cap the rate at 36%. There is an important distinction with this year’s bill – it is not just the interest rate that could reach a maximum of 36%. 100 for the year. It also includes all fees, and that’s a total of 36%.

And then the other kind of hope comes from the little change in landscape that we have seen in the Legislature. Previously, we have seen some stalemate in reform efforts in this area, from some of the more conservative Democrats in both houses. And, of course, a handful of them were fired by more progressive candidates. Finally, the day our story was published, the Governor included this issue in her list of legislative priorities.

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Lockdown of Maha: Fearing the return of misfortunes, migrants rush to their hometowns https://photo2000.co.uk/lockdown-of-maha-fearing-the-return-of-misfortunes-migrants-rush-to-their-hometowns/ https://photo2000.co.uk/lockdown-of-maha-fearing-the-return-of-misfortunes-migrants-rush-to-their-hometowns/#respond Wed, 07 Apr 2021 23:14:37 +0000 https://photo2000.co.uk/lockdown-of-maha-fearing-the-return-of-misfortunes-migrants-rush-to-their-hometowns/ Vishal Kori, 25, is disturbed by memories of last year’s Covid-19 lockdown, when he had to walk for 10 days to his hometown of Gorakhpur in Uttar Pradesh. He was among the millions of migrants, most of Maharashtra’s workforce from the end of March, who hung out together for days, braving the sweltering summer heat […]]]>


Vishal Kori, 25, is disturbed by memories of last year’s Covid-19 lockdown, when he had to walk for 10 days to his hometown of Gorakhpur in Uttar Pradesh. He was among the millions of migrants, most of Maharashtra’s workforce from the end of March, who hung out together for days, braving the sweltering summer heat to reach their destinations. . However, as the Covid-19 pandemic subsided, these migrants made a comeback after a few months.

According to the state, at least 1.2 million workers from states like Bihar, Uttar Pradesh, West Bengal, Rajasthan, Jharkhand and Odisha left Maharashtra after the lockdown was announced on the 24th. March. no chance as he stands in a queue for train tickets to return to his hometown. “I’m not taking any risks because Mumbai faces a large number of Covid-19 cases and my store is closed. I better get back quickly before things go wrong, ”said Kori, who works in a shoe store.

The Maharashtra government led by Uddhav Thackeray imposed a mini lockdown from Tuesday due to the surge in Covid cases, which has now reached more than 50,000 a day statewide. “Mumbai is no longer safe and I had better go back to Jharkhand. I don’t think I’ll be back because I’ll be looking for a job in Delhi or Noida, ”said Jamal Khan, 44, a chef at a city hotel.

Traders, especially in the hotel industry, are worried. Mirah Hospitality, which operates 14 hotels including Rajdhani, Hitchki and Bayroute in Maharashtra, which currently operated with 650 staff, has seen 300 workers return to their home states. “There is no way to stop them. Some of our employees are trying to find jobs in Bangalore and Delhi, ”said Aji Nair, COO (Food and Beverage Division), Mirah Hospitality. Currently, the government has allowed hotels and restaurants to only offer parcel services, which has crippled this industry. The Maharashtra Chamber of Industry and Commerce Associations (CAMIT), which represents the traders, called the situation a sad situation. “Our members are doing their best to dissuade these workers from returning. However, if the government continues with this mini lockdown and does not allow us to open our establishments, there is no way to keep them. This loss of labor will hurt the state’s economy, ”warned Mohan Gurnani, President of CAMIT. “We were barely recovering when this mini lockdown was imposed. We took out loans and paid our license fees up front, ”said Gurbaxish Singh Kohli, spokesperson for the West Indian Hotel and Restaurant Association (HRAWI).



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Owner of local women-only fitness center works in parallel despite increased capacity statewide https://photo2000.co.uk/owner-of-local-women-only-fitness-center-works-in-parallel-despite-increased-capacity-statewide/ https://photo2000.co.uk/owner-of-local-women-only-fitness-center-works-in-parallel-despite-increased-capacity-statewide/#respond Wed, 07 Apr 2021 23:14:37 +0000 https://photo2000.co.uk/owner-of-local-women-only-fitness-center-works-in-parallel-despite-increased-capacity-statewide/ Motivate. Devote. Inspire. Switch. These are the words to be lived at Step Four Fitness on Mt. Boulevard du Liban. Owner Tina Dean said she tries to live by those words as she tries to keep her business afloat. “” I used to have 80 to 90, 100 every day when it was good. Now […]]]>


Motivate. Devote. Inspire. Switch. These are the words to be lived at Step Four Fitness on Mt. Boulevard du Liban. Owner Tina Dean said she tries to live by those words as she tries to keep her business afloat. “” I used to have 80 to 90, 100 every day when it was good. Now that it’s not good, we are between 20 and 30 years old. Fitness centers and fitness centers in Pennsylvania can have up to 75% capacity as of Sunday, but Dean said she doesn’t even see half of her clientele anymore. “It’s not going well at all now,” Dean said. Although she received COVID-related business loans to pay her five part-time employees, Dean said it wasn’t enough. She thanks her landlords for working with her on the rent payment, but to make up for lost income. , Dean had to take a side gig with Instacart. She showed her profile on the app to Action News 4 reporter from Pittsburgh, Chris Lovingood, revealing several concerts available to her; however, she tries to balance this with running her business. For customers who have returned to the gym, they say they will continue to support Dean. “Oh my God, she’s totally, totally dedicated,” Pauline Kitchen said. “We’re all behind her, rallying in any way we can. And we’re happy every day that we can still be here.” “It’s difficult,” Dean says. “But you have to ‘do what you have to’ do. I’m not giving up.”

Motivate. Devote. Inspire. Switch. These are the words to be lived at Step Four Fitness on Mt. Boulevard du Liban.

Owner Tina Dean said she tries to live by those words as she tries to keep her business afloat. ”

“I used to be 80 to 90, 100 [customers] every day when it was good. Now that that’s not good, we have 20-30.

Gyms and fitness centers in Pennsylvania can have up to 75% capacity as of Sunday, but Dean said she doesn’t even see half of her clientele anymore.

WTAE

Tina Dean Wipes Her Workout Equipment At Step Four Fitness

“It’s not okay at all right now,” Dean says.

Although she received COVID-related business loans to pay her five part-time employees, Dean said it wasn’t enough.

She thanks her landlords for working with her on rent payments, but to make up for lost income, Dean had to take a side gig with Instacart. She showed her profile on the app to Action News 4 reporter from Pittsburgh, Chris Lovingood, revealing several concerts available to her; however, she tries to balance this with running her business.

instacart & # x20;  app & # x20;  for & # x20;  tina & # x20;  dean

WTAE

Tina Dean shows the offers available on Instacart

For customers who have returned to the gym, they say they will continue to support Dean.

“Oh my God, she’s totally, totally dedicated,” Pauline Kitchen said. “We’re all behind her, rallying in any way we can. And we’re happy every day that we can still be here.”

“It’s difficult,” Dean says. “But you have to ‘do what you have to’ do. I’m not giving up.”



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