#Credit insurance

[tradersuraj1]

Leading Export Factoring Services in India to Boost International Sales

Export factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (invoices) to a third party (the factor) at a discount. This arrangement provides the business with immediate funds, typically a percentage of the value of the receivables, which can help improve cash flow and mitigate the risks associated with international trade. Export factoring is particularly beneficial for businesses engaged in exporting goods or services to international markets.

For expert finance consultancy for this visit:

https://www.myforexeye.com/export-factoring

[olessan]

Re: TLovM episodes 3x07-3x09

[stargun2307]

I can’t shut up about the robot women in my head, so here we go again. Detective Sergeant Vadász, STAR-V22-13, is (supposed to be) an investigations officer attached to a Blockwart office in the Vinetan city of Éden. Unfortunately for the residents of the city, Vadász spends her off-the-clock hours committing the same crimes she’s supposed to be protecting the citizens under her watch from. Her speciality is breaking and entering. That office door you thought you locked? It might as well not even exist, because she’s in it reading your emails right now. Keep a close eye on your credit card if she ever comes around to you, because if you don’t watch out, it won’t be your credit card anymore!

Vadász’s Storch girlfriend and partner-in-crime is a local Protektor Controller, and together they run a multi-million-rationmark extortion ring. Both of them have been arrested multiple times for various crimes, including but not limited to tax fraud, tax evasion, bribery, extortion, blackmail, breaking and entering, trespassing, and grand theft auto. Each time they have been let off with a warning.

[goldkirk]

I'm so proud of myself about finances in the past couple months. I still struggle with money but I did enough meditation and journaling and practicing about it to make myself able to actually face my loans and credit cards and savings and bills and start really truly organizing and addressing them for the first time in years instead of just flying by the seat of my pants.

Like. This is a huge deal for me. I've felt like I'm in deadly danger every time I've tried to think about money for years and years. I'm finally able to look it in the face and stare it down and start to organize and plan on purpose instead of just keeping up with the minimum to stay afloat. I'm so proud of myself.

It's still a refrain of "GUILT (funny link)" every time I think about money but I'm able to actually make spreadsheets and face the numbers and monthly tracking again, and even make a new full budget which I haven't been able to do in ages.

still feel guilt, overwhelm, and helplessness, but no longer feel as much deep elemental shame and terror. that's progress baby

[justinspoliticalcorner]

Dan Pfeiffer at The Message Box:

Amidst the political tumult of the last couple of months, one thing has remained constant — the economy is the top issue for voters. More specifically, concerns about elevated prices — despite declining inflation — continue to drive the political conversation. In the most recent New York Times/Siena poll of Michigan, Pennsylvania, and Wisconsin, 22% of likely voters said the economy was the single most important issue in deciding their vote — 8 points higher than abortion and 9 points higher than immigration. Dissatisfaction with the economy helped propel Trump to a lead earlier this year despite his convictions, indictments, and involvement with insurrections. This week, Trump gave a speech in North Carolina that was billed as a major economic speech, and on Thursday, he gave an interminably long press conference at his golf club regarding high prices. Yesterday, also in North Carolina, Vice President Kamala Harris gave her first major policy speech of the campaign. She also focused on high prices. Head-to-head engagement on this issue tells us a lot of very good things about how Harris and her team are messaging on the economy. Others are more qualified than I to weigh in on the substantive merits of her proposals, but the politics are promising.

Read the full policy paper on Harris’s proposals HERE, but the major tenets include:

Lowering grocery costs with the first-ever federal ban on price gouging on food and groceries;

Restoring the Child Tax Credit that provided $3,600 per child for middle and working class families;

Cutting taxes to help Americans afford health insurance on the Affordable Care Act marketplace;

Capping the cost of insulin at $35 and out-of-pocket expenses for prescription drugs at $2,000 for everyone;

Calling for the construction of three million new homes to end the housing shortage in four years; and

Providing $25,000 in down-payment support for first-time homeowners.

Even though these items represent a piece of her broader economic agenda, it is impressively comprehensive for a campaign created out of thin air less than a month ago.

[...]

3. Harris’s Economic Message

Because his fake persona as a business tycoon was imprinted on the American psyche via tabloids and reality television, Trump has always had an advantage on the economy. That advantage was magnified this cycle because he associated himself with the economic stability and lower prices during the pre-pandemic era. The best thing the Trump economy achieved was not massively fumbling all of the work Barack Obama did to rebuild the economy after the Great Recession — but I digress.

Kamala Harris’s message on the economy is what America needs.

[13eyond13]

the funniest thing about having to report fraud on my credit card today was the girl on the phone listing all my transactions to me to see if i recognized them and literally 100% of them were all media purchases liiiiike wow I really have 1 hobby and 1 hobby only don't I

[idkmynameiskat]

so poor people don't deserve to have animals? what a bad take

lmaooooooooo please I cannot, what the fuck?

You're reaching soooo hard to try to make me look bad. You can be rich and not deserve to have a pet just as equally as someone who doesn't have money. The difference is if you willingly put that animal at risk and/or allow that animal to suffer while not doing anything about it/not caring. That is the difference.

I personally do not have the money in my checking account (and since I don't work at a vet clinic anymore, I have no discounts so you can't even use that against me anymore lol) to take care of my cats if they get severely injured/sick/need a long hospital stay. Because I know this, I know to not let them outside where they can get fucked up and to keep up with things that keep them as healthy as possible like yearly vet exams/vaccines. Since I know I cannot afford it, I have also made sure to know what options I have in case they do get very sick/injured. It's about being responsible, making a plan, and treating your pet like a living animal that deserves to not suffer.

You're not a bad pet owner if you don't run to the vet and spend hundreds the second your pet has something small going on, and I have never once said that. As long as you are trying and ensuring your pet is comfortable and not suffering, that's all I care about. Period.

[littlestfuzz]

I have so much to do and so many important life things demanding attention but unfortunately I am in heat and that is the only thing that I can dedicate any brain space to

[dontmeantobepoliticalbut]

The Biden administration announced a rule Tuesday to cap all credit card late fees, the latest effort in the White House push to end what it has called junk fees and a move that regulators say will save Americans up to $10 billion a year.

The Consumer Financial Protection Bureau’s new regulations will set a ceiling of $8 for most credit card late fees or require banks to show why they should charge more than $8 for such a fee.

The rule would bring the average credit card late fee down from $32. The bureau estimates banks brought in roughly $14 billion in credit card late fees a year.

“In credit cards, like so many corners of the economy today, consumers are beset by junk fees and forced to navigate a market dominated by relatively few, powerful players who control the market,” said Rohit Chopra, director of the bureau, in a statement.

President Joe Biden planned to highlight the proposal along with other efforts to reduce costs to Americans at a meeting of his competition council on Tuesday. The Democratic president is forming a new strike force to crack down on illegal and unfair pricing on things like groceries, prescription drugs, health care, housing and financial services.

The strike force will be led by the Justice Department and the Federal Trade Commission, according to a White House statement.

The Biden administration has portrayed the White House Competition Council as a way to save people money and promote greater competition within the U.S. economy.

The White House Council of Economic Advisers produced an analysis indicating that the Biden administration’s efforts overall will eliminate $20 billion in annual junk fees. The analysis found that consumers pay about $90 billion a year in junk fees, including for concerts, apartment rentals and auto dealers.

The effort appears to have done little to help Biden politically ahead of this year’s presidential election. Just 34 percent of U.S. adults approve of Biden’s economic leadership, according to a new survey by The Associated Press-NORC Center for Public Affairs Research.

Sen. Tim Scott, R-South Carolina, criticized the CFPB cap on credit card late fees, saying that consumers would ultimately face greater costs through higher interest rates and less access to credit.

“It will decrease the availability of credit card products for those who need it most, raise rates for many borrowers who carry a balance but pay on time, and increase the likelihood of late payments across the board,” Scott said.

Americans held more than $1.05 trillion on their credit cards in the third quarter of 2023, a record, and a figure certain to grow once the fourth-quarter data is released by the Federal Deposit Insurance Corp. next month. Those balances are now carrying interest on them, which is the highest it has been since the Federal Reserve started tracking the data back in the mid-1990s.

Further, more Americans are falling behind on their credit card debts as well. Delinquency rates at the major credit card issuers such as American Express, JPMorgan Chase, Citigroup, Capital One and Discover have been trending upward for several quarters. Some analysts have become concerned Americans, particularly poorer households hurt by inflation, might be taking on too much debt.

“Overall, the consumer is credit healthy. However, the reality is that there are starting to be some significant signs of stress,” said Silvio Tavares, president and CEO of VantageScore, one of the country’s two major credit scoring systems, in an interview last month.

The growth of the credit card industry is partly why Capital One announced it would buy Discover Financial last month for $35 billion. The two companies, which are two of the largest credit card issuers, are also two companies whose customers regularly carry a balance on their accounts.

This is not the first time policymakers have weighed in on credit card fees. Congress in 2010 passed the CARD Act, which banned credit card companies from charging excessive penalty fees and established clearer disclosures and consumer protections.

The Federal Reserve issued a rule in 2010 that capped the first credit card late fee at $25, and $35 for subsequent late payments, and tied that fee to inflation. The CFPB, which took over the regulation of the credit card industry from the Fed after it was established, is proposing going further than the Fed.

The bureau’s proposal is similar in structure to what the bureau announced in January when it proposed capping overdraft fees to as little as $3. In that proposed regulation, banks would be required to either accept the bureau’s benchmark or show regulators why they should charge more, a method that few bank industry executives expect to use.

Biden has made the elimination of junk fees one of the cornerstones of his administration’s economic agenda heading into the 2024 election. Fees that banks charge customers have been at the center of that campaign, and the White House directed government regulators last year to do whatever is in their power to further curtail the practice.

In another move being highlighted by the White House, the Agriculture Department said it has finalized a rule to stop what it deems to be deceptive contracts by meat processors and to ban retaliation against small farmers and ranchers that work together in associations.

[the-yearning-astronaut]

I got call backs on two job applications I submitted last week 😭 I have one interview today and one next week. Please wish me luck guys -- either of these positions would be such a huge game changer for me.

[eddiediaaz]

just realizing now there are only eleven days left before i leave for my trip holy shit??? first solo trip that is more than a couple days (i'm leaving for 15 days), first time in europe/outside of north america, first time without my cats for so long, it's gonna be fdslksdfjbdklfsjdfskjbd. i'm very excited and nervous and antsy!! i need to finalize all the planning omg.

[mayflydecember]

so like does somebody wanna buy me a new car lmao

[odinsblog]

In New York, drivers with a clean driving record but a low credit score are quoted $1,367 more for car insurance, on average, than otherwise identical drivers with excellent credit, according to a new analysis of tens of thousands of car insurance quotes.

For drivers in ZIP codes with predominantly Black residents, the gap yawns even wider: The cost of poor credit in those areas is $3,411 a year, on average.

These disparities were uncovered in a study of nearly 100,000 insurance quotes from 10 major New York car insurance companies. It was conducted by the Consumer Federation of America, a nonprofit advocacy organization.

The findings show just how much car insurance premiums can be inflated by factors that aren’t directly related to how safely a driver behaves on the road. They also reveal how a driver’s credit score can combine with their ZIP code to raise the cost of car insurance, which is mandatory for drivers in nearly every state.

“We’re talking about experienced drivers with no history of accidents or tickets facing premiums that are hundreds or sometimes thousands of dollars more, simply because of what shows up in their credit reports,” says Douglas Heller, the CFA insurance expert who led the new study. “This is unmistakably harmful to the people of New York.”

The same dynamic plays out across the country. Only California, Hawaii, and Massachusetts bar insurers from using drivers’ credit scores to set premiums. Everywhere else, a low credit score will likely raise your car insurance price, and your ZIP code could multiply the damage. (Insurers use a special “credit-based insurance score” for pricing, but it’s calculated in a very similar way to your normal credit score.)

By law, insurers aren’t allowed to use race and income to set car insurance premiums or decide whom to insure. But critics say factors like credit scores and ZIP codes can have a particularly significant effect on certain racial groups.

For example, Black, Latino, and Indigenous Americans are much more likely to have poor credit than white Americans, a reflection of decades of discriminatory policies including redlining that have limited opportunities for communities of color to build wealth.

This sets up a double whammy for drivers of color. “When you marry credit and territorial pricing, you get a disastrous result,” Heller says. “There’s an amplification of the credit penalty in majority nonwhite ZIP codes.”

(continue reading)

[girlfriendsofthegalaxy]

im at the part of the unemployment/health chores where i am continually (politely!) harassing four different entities. why isn’t my shit done. why did you lose it. hello are you alive

[palms-upturned]

Trying and failing to ignore how much worse I feel all the time than I used to and how badly I’m doing at taking care of myself and my environment and how well I used to be able to handle everything just a year or two ago compared to now is making me feel like my brain and body are both turning into toxic slutch

[blue-banditt]

I want bottom surgery so fucking bad and it sucks sm that I have to sit here and grieve the fact that I will probably have to live 2/3 of my life without a dick bc of how shitty the healthcare system is here