Having a high credit score is very important in your financial life. The higher your credit score, the better your chances are of qualifying for credit cards or loans with good interest rates. Depending on your credit score, it can either save you a lot of money or cost you a lot of money. However, quite a number of people have poor credit scores because of a missed payment, credit history errors, or others. If you are one of the people with a low credit score, you are not alone. You must note that improving your credit score takes time, as there’s no instant way to fix a credit score. Quick-fix methods almost always backfire, so it is important that you don’t rush to get one. We will be discussing the different ways you can improve your credit score in this article, so let’s get right to it.
Mallinckrodt, which is considered one of the biggest generic opioid manufacturers in the US, has tentatively agreed to settle the numerous federal lawsuits against them. This company was sued by the local and state government because of the opioid crisis, and they have tentatively agreed to pay $1.6 billion to settle it. The company stated on Tuesday that the agreement was endorsed by over 40 US territories and states with a large committee of lawyers representing different countries and towns.
Did you know that social media platforms like Facebook, Instagram, and Twitter can be used by debt collectors to track you down? Yes, it’s possible. Some even go as far as harassing you and your friends all in the bid to get money – which is illegal. Even though the Fair Debt Collection Practices Act does not forbid debt collectors from using social media, some caveats need to be adhered to. In the past, conventional debt collecting methods were used, but with the rise in technology, there is no missing the different unique ways to track down debtors. In this article, we will discuss the legality of using social media as a debt collecting tool as well as the different ways one can protect themselves on social media.
There comes a time in one’s life when you need some extra cash to settle some financial problems that you might have. Then the need to borrow money arises, it might be to settle some kind of emergency, buy a car, to get your first home, or even to settle some other high-interest debt. Whatever be the case, it all boils down to you wanting to borrow money. You don’t need to be shy or worried because you are not in this alone. Borrowing money is part of life, and in most cases, you need to borrow to maintain a healthy financial life. However, there are various ways in which one can borrow money, both the good and the bad. With the increase in people wanting to borrow money, more financial online loaning institutions are springing up, but your ability to choose the best is what matters.
About 70% of Americans spend money on prescription drugs because they suffer from one illness or another. Depending on the kind of illness, prescription drugs are inevitable, and what’s worse is that most people can’t do without these drugs. The problem is, the cost of prescription drugs is very high, and many people can’t afford it, and they eventually fall into bankruptcy. Some Americans spend about 75% of their earnings on prescription drugs, and sometimes even their insurance company can’t cover the entire cost. This issue of bankruptcy is eating deep into society, and the most affected are the retirees, low-income earners, and middle-class citizens.
With the rise of many fintech companies dominating the payment industry, there are a lot more payment choices available; more than when banks dominated the industry globally. According to a 2019 global payments report by McKinsey, the global payment industry has grown by 6% from 2007 to 2018, and it is predicted to make a total revenue of over $2.5 trillion. The internet is already a scary place to be as there are many risks involved especially with cybercrimes but with the growth of the global payment industry, the cybercrimes risks have increased.
According to reports, small businesses have been caught in the crosshairs of Sears Holdings bankruptcy. Sears filed for bankruptcy on October 15th, 2018, after several failed attempts to save the business. Things haven’t been going well on the business front for this company as small business owners are bearing the brunt of this as the Sears Holdings estate it trying to take payments back from these small businesses. This process according to reports, is an attempt to gather funds to close its bankruptcy case. In this article, we will take a look at how the Sears Holding bankruptcy is impacting small businesses.
Everyone is probably on one insurance plan or the other because apart from the fact that insurance is a thing and may be compulsory in some aspects of day to day life, being insured actually takes off a large chunk of risk from you. Going through life without some level of insurance can be likened to life without a contingency plan should something happen. Now you may think you probably have everything under control, maybe you own your business and you are pretty healthy but things like auto accidents or natural disasters are not things people foresee and this is where insurance conveniently comes in. Now there are a ton of insurance plans and sometimes it’s difficult to see which one is necessary and which is just a scam but let’s go through some of these plans that we feel you absolutely need.
Following the outbreak of the Coronavirus in Wuhan, China and the fact that about 40,000 cases have been reported so far both in and outside China, there is speculation as to the effect of this deadly virus on the economy of China and Asia as a whole. This isn’t far fetched considering that the SARS outbreak in 2002 caused a drop in GDP of up to 1%. There is no telling just how much such a disease could affect the economy in the following year. After the outbreak, a lot of airlines were shut down and some restricted flights inside China. A number of countries have chartered airlines to bring back their citizens and quarantine them until they show no signs of the virus. The US has also stated that if the situation worsens, they might place a ban.
If you go through the litany of lenders online, you’d realize just how relentless some of them are. They could go as far as constantly sending you emails and making phone calls to you to take out loans. One thing that is pertinent to note when looking to take out a loan whether short term or long term is that you should always go to them and not the other way around. When people need to take out loans, they approach the lenders. They are not berated by lenders and asked to take out loans they do not need.