#how does debt consolidation works

[abhay017]

Simplifying Your Finances: Debt Consolidation Loans

Juggling several debts is stressful, and the act of balancing various due dates, interest rates, and creditors can cause undue stress. If you are having trouble juggling several loans or credit card accounts, a debt consolidation loan may be just what you need to ease your financial stress by streamlining your finances and getting you back in control. In this article, we will define what is debt consolidation, how debt consolidation loans function, and how they can ease your financial stress.

What is Debt Consolidation?

Debt consolidation is a process of grouping several debts together into a single loan. Rather than juggling several credit cards, loans, and bills, debt consolidation provides you with an opportunity to roll all your debts into one loan. This loan usually has a fixed interest rate and a specified repayment schedule, making it simple to handle.

The primary purpose of debt consolidation is to make it easier to manage debt and, possibly, lower your monthly payments or interest rates. Consolidating your debts means that you have only one monthly payment to deal with, which can lower the likelihood of missed payments or high-interest fees from multiple lenders.

Debt Consolidation Loan: What You Need to Know

Debt consolidation loan is a personal loan that is borrowed to settle existing debts. It consolidates all your outstanding bills into one loan with a fixed rate of interest and loan period. It can be either an unsecured loan (no collateral) or a secured loan (where assets such as a house or vehicle are held as collateral).

Types of Debt Consolidation Loans

There are typically two categories of debt consolidation loans:

Unsecured Debt Consolidation Loans:

These do not involve collateral and are normally granted based on your income, credit score, and other financial circumstances. Since they are not secured, however, interest rates could be slightly more expensive.

Secured Debt Consolidation Loans:

These loans are backed by assets such as your home or car. Since the lender has something to claim in case of non-payment, they usually come with lower interest rates.

Benefits of Debt Consolidation Loans

Lower Interest Rates:

If you are eligible for a consolidation loan with a rate lower than what you are currently paying, you may save you money in the long term.

Better Credit Score:

Debt consolidation can increase your credit score by enhancing your payment history and reducing your utilization ratio.

Structured Repayment Term:

Consolidation loans tend to have a structured repayment schedule, so you will know the exact time you will be finished paying off the loan.

How Does Debt Consolidation Work?

If you opt for a debt consolidation loan, the procedure typically involves the following steps that how does debt consolidation works:-

1. Assess Your Debt Situation

The initial step is to analyze your present financial condition. Write down all your existing debts, such as credit cards, loans, and other liabilities. Identify the interest rates, monthly payment, and due dates for each of these debts.

2. Apply for a Debt Consolidation Loan

After you know your debt clearly, you can go for a debt consolidation loan. The lenders will ask for details of your income, credit score, and the amount of debt you want to consolidate. Based on your creditworthiness, the lender will provide you with a loan at a certain interest rate and repayment period.

3. Pay Off Debts Using the Loan

If you’re approved for a debt consolidation loan, the next step is to use the funds to pay off your existing debts. In some cases, the lender may pay the creditors directly. Once your debts are paid off, you’ll have one remaining loan to focus on.

4. Make One Payment Each Month

Once you've consolidated your debt, you'll make only one payment a month on the loan. That payment will go to the lender who gave you the consolidation loan. Try to make the same payments, in the same time frame, month after month to prevent late charges and to keep your credit record in good standing.

How Debt Consolidation Helps You

Debt consolidation is a helpful device if applied prudently. Here's how it helps in reality:

1. Less Stress and Easier Finances

Having multiple debts to keep up with makes it simple to feel stressed. Consolidating your debt takes away the complexity by enabling you to deal with one loan and one payment. It's less complicated and less stressful, making it easier to monitor your financial journey.

2. Lower Interest Rates

If you have loans or credit card debt with high interest rates, a debt consolidation loan may reduce your overall interest rate. Consolidating may get you a loan with a better rate, which can save you money over time.

3. Simpler Budgeting

Since you'll be working with just a single payment, budgeting is much easier. You'll be able to easily determine exactly how much you have to pay and for how long, enabling you to be able to plan your finances more efficiently.

4. A Clear Path to Becoming Debt-Free

With a set repayment schedule, debt consolidation offers a defined route to financial freedom. You can pay on the loan in regular installments, confident that when it is paid, you will no longer be saddled with the loans that once had you feeling hopeless.

Is Debt Consolidation for You?

Although debt consolidation loans are helpful, they are not for everyone. Before you make a decision about whether it is the best option for you, take these into consideration:

Credit Score:

If you have a good credit score, you will be more likely to get a debt consolidation loan with a low interest rate. If your credit score is bad, you might be charged higher interest rates.

Financial Discipline:

Debt consolidation works best if you’re committed to not taking on new debt after consolidating. Using the loan to pay off old debt but continuing to rack up new balances could lead to even greater financial problems.

Loan Terms: 

Make sure to carefully review the loan terms and ensure the interest rate, fees, and repayment schedule are manageable.

Conclusion

Debt consolidation loan is a useful weapon in the fight to make paying bills easier, lower your interest rates, and have a clearer road to debt freedom. But you need to learn more about how debt consolidation works and if it fits into your plans for being debt-free. Consolidating your bills into one loan can give you back control of your finances and begin to make strides toward financial freedom.

[fincrif]

What Are the Different Types of Personal Loans Available?

Introduction

A personal loan is one of the most flexible financial products available today. Whether you need funds for medical emergencies, home renovations, travel, debt consolidation, or any other personal expense, a personal loan can provide quick access to cash without requiring collateral.

However, not all personal loans are the same. Different types of personal loans cater to various financial needs, offering distinct features, benefits, and eligibility criteria. Understanding the different types of personal loans can help you choose the right one based on your requirements and financial situation.

In this article, we will explore the various types of personal loans available, their uses, advantages, and how to choose the best one for your needs.

1. Secured vs. Unsecured Personal Loans

1.1 Unsecured Personal Loan

An unsecured personal loan is the most common type of personal loan, where you do not need to provide any collateral or security. Lenders approve the loan based on your credit score, income, and repayment capacity.

✔️ Best For – Salaried professionals, self-employed individuals with a good credit score. ✔️ Loan Amount – ₹50,000 to ₹40 lakh (varies by lender). ✔️ Interest Rate – 10% to 24% per annum. ✔️ Tenure – 12 to 60 months.

✅ Advantages:

No need to pledge assets.

Quick approval and disbursal.

No restrictions on usage.

❌ Disadvantages:

Higher interest rates compared to secured loans.

Requires a strong credit history.

1.2 Secured Personal Loan

A secured personal loan requires the borrower to pledge an asset (such as gold, fixed deposits, or property) as collateral. Since the lender has security, interest rates are lower compared to unsecured loans.

✔️ Best For – Borrowers with low credit scores, individuals looking for a lower interest rate. ✔️ Loan Amount – Based on the asset’s value. ✔️ Interest Rate – 7% to 15% per annum. ✔️ Tenure – 12 to 84 months.

✅ Advantages:

Lower interest rates.

Higher loan amounts available.

❌ Disadvantages:

Requires collateral.

Risk of losing the asset if repayments are missed.

2. Types of Personal Loans Based on Usage

2.1 Debt Consolidation Personal Loan

A debt consolidation loan helps borrowers combine multiple debts (such as credit card dues, payday loans, and other unsecured debts) into one manageable loan with a lower interest rate.

✔️ Best For – Individuals struggling with multiple high-interest debts. ✔️ Loan Amount – ₹50,000 to ₹25 lakh. ✔️ Interest Rate – 10% to 20% per annum.

✅ Advantages:

Lower interest costs.

Easier repayment structure.

Helps improve credit score.

2.2 Medical Emergency Personal Loan

A medical personal loan provides immediate funds to cover medical expenses such as hospital bills, surgeries, or treatments.

✔️ Best For – Individuals facing sudden medical emergencies. ✔️ Loan Amount – ₹25,000 to ₹10 lakh. ✔️ Interest Rate – 10% to 22% per annum.

✅ Advantages:

Quick disbursal within 24 hours.

No restrictions on usage.

No collateral required.

2.3 Wedding Personal Loan

Indian weddings can be expensive, and a wedding personal loan helps finance expenses such as venue booking, catering, jewelry, and decorations.

✔️ Best For – Individuals planning a wedding. ✔️ Loan Amount – ₹1 lakh to ₹20 lakh. ✔️ Interest Rate – 11% to 24% per annum.

✅ Advantages:

Covers all wedding-related expenses.

Flexible repayment tenure.

2.4 Travel Personal Loan

A travel personal loan provides funds to cover vacation expenses, international trips, and flight bookings.

✔️ Best For – Frequent travelers, families planning vacations. ✔️ Loan Amount – ₹50,000 to ₹15 lakh. ✔️ Interest Rate – 11% to 20% per annum.

✅ Advantages:

Covers all travel expenses.

No need to dip into savings.

2.5 Home Renovation Personal Loan

A home renovation loan provides funds for remodeling, interior upgrades, painting, and structural repairs.

✔️ Best For – Homeowners looking to renovate their property. ✔️ Loan Amount – ₹50,000 to ₹25 lakh. ✔️ Interest Rate – 9% to 18% per annum.

✅ Advantages:

Helps improve property value.

Lower interest rates compared to standard personal loans.

3. Special Category Personal Loans

3.1 Personal Loan for Women

Many banks and NBFCs offer special personal loans for women, featuring lower interest rates and relaxed eligibility criteria.

✔️ Best For – Working women, entrepreneurs, homemakers. ✔️ Loan Amount – ₹50,000 to ₹30 lakh. ✔️ Interest Rate – 8% to 18% per annum.

✅ Advantages:

Lower interest rates.

Special offers and discounts.

3.2 Personal Loan for Pensioners

Retired individuals can avail of personal loans for pensioners, which are designed for medical expenses, home repairs, or travel.

✔️ Best For – Senior citizens, retired government employees. ✔️ Loan Amount – ₹50,000 to ₹10 lakh. ✔️ Interest Rate – 9% to 15% per annum.

✅ Advantages:

Low processing fees.

Special interest rates for government pensioners.

How to Choose the Right Personal Loan?

With multiple types of personal loans available, here’s how to choose the best one:

✔️ Assess Your Financial Needs – Determine why you need the loan and the amount required. ✔️ Compare Interest Rates – Look for the lowest interest rates to reduce repayment costs. ✔️ Check Repayment Flexibility – Choose a loan with a comfortable EMI plan. ✔️ Review Eligibility Criteria – Ensure you meet the lender’s requirements. ✔️ Check for Hidden Charges – Look for processing fees, prepayment charges, and late penalties.

Final Thoughts: Which Personal Loan is Right for You?

A personal loan is a convenient way to finance various needs, but choosing the right type depends on your financial goals, repayment capacity, and urgency of funds.

For higher approval chances, borrowers should: ✔️ Maintain a good credit score (750+ recommended). ✔️ Compare multiple lenders to get the best deal. ✔️ Ensure timely repayments to avoid penalties.

By selecting the right type of personal loan, borrowers can enjoy financial flexibility, lower interest costs, and hassle-free repayments.

For expert guidance on personal loans and best loan options, visit www.fincrif.com and explore the best financing solutions for your needs!

[mossangelll]

yandere!silco x reader hcs

honestly i’m convinced silco is a FREAK and i need to unleash my thoughts…anyways toxic silco does NOT have a hr department and it shows 👁️👁️

tw: suggestive content, drug use, dubcon - mdni

yandere!silco who hires you to work the bar at the last drop part time

yandere!silco who doesn’t see anything special about you at first - you’re just another person on his payroll

yandere!silco who slowly becomes intrigued by how witty and engaging you are with the customers

yandere!silco who appreciates your loyalty when sevika tells him that enforcers met with you to offer money, lots of it, in exchange for information on the chembaron operations - you declined and spit in their faces

yandere!silco who finds you crying in the back alley one night over the large debt you gathered from trying to help a sick family member

yandere!silco who sees an opening and gives you a full-time position at the bar - little do you know you’re slowly getting caught up in his trap

yandere!silco who can’t bear to be around you without acting on his base desires. he can’t stop thinking about your pretty face and how the uniform hugs your body just right

yandere!silco who gets painfully jealous when he sees you flirting with customers and takes his frustrations out by ordering his henchmen to beat up the people that dared flirt with you

yandere!silco who offers a sympathetic ear and gains your trust

yandere!silco who blurs the line between appropriate employee-boss behaviour by constantly inviting you to his office after-hours in the hope of making you feel special. after all, who else gets his undivided attention like this?

yandere!silco who gets you to inject his eye one evening to fully consolidate your bond to him

yandere!silco who pressures you try shimmer for the first time even though you’re hesitant - “what, you don’t trust your boss, hm? you know i would never dream of hurting you.”

yandere!silco who smiles when you give into his silky voice and caresses your cheek

yandere!silco who starts to call you his “pet” but you shrug it off as just friendly nickname

yandere!silco who gives you more and more shimmer as time passes until you can’t function without it

yandere!silco who can’t help but pleasure himself in his office whilst you work below him, knowing that he was the one to corrupt you

yandere!silco who knows you can’t afford the shimmer and leaves you high and dry

yandere!silco who tuts whenever he sees you at the bar, barely able to do your job, and secretly delights in the shame that crosses your face

yandere!silco who calls you into the office under the guise of discussing your poor work performance

yandere!silco who offers you a deal: you quit your job and become his pet in exchange for all the shimmer you could ask for

yandere!silco who holds a vial in his outstretched hand but snatches it away just before your shaky hands could reach it - “ah ah, naughty pet. i deserve something first, don’t you think?”

yandere!silco who reaches into his drawer and pulls out a wine-red collar with gold studs and tells you to kneel before him

yandere!silco who can’t contain his wolffish grin as you scramble over to kneel by his feet, looking up at him with wide, begging eyes and such a…tempting pout

yandere!silco who takes a swig of the shimmer and grabs you into a bruising kiss, tongue melding with yours as you drink the shimmer straight from him

yandere!silco who digs his fingers into the flesh of your waist when you start to whimper, forcing himself to take it slow

yandere!silco who pulls back to look at the blooming swell of your spit-slick lips and the drugged out look on your face with satisfaction - you will always be his

masterlist

[bitchesgetriches]

{ MASTERPOST } Everything You Need to Know about How to Pay off Debt

Understanding debt:

Let’s End This Damaging Misconception About Credit Cards

Season 2, Episode 10: “Which Is Smarter: Getting a Loan? or Saving up to Pay Cash?”

Dafuq Is Interest? And How Does It Work for the Forces of Darkness?

Investing Deathmatch: Paying off Debt vs. Investing in the Stock Market

How to Build Good Credit Without Going Into Debt

Dafuq Is a Down Payment? And Why Do You Need One to Buy Stuff?

It’s More Expensive to Be Poor Than to Be Rich

Making Decisions Under Stress: The Siren Song of Chocolate Cake

How Mental Health Affects Your Finances

Paying off debt:

Kill Your Debt Faster with the Death by a Thousand Cuts Technique

Share My Horror: The World’s Worst Debt Visualization

The Best Way To Pay off Credit Card Debt: From the Snowball To the Avalanche

The Debt-Killing Power of Rounding up Bills

A Dungeonmaster’s Guide to Defeating Debt

How to Pay Hospital Bills When You’re Flat Broke 

Ask the Bitches Pandemic Lightning Round: “What Do I Do If I Can’t Pay My Bills?” 

Slay Your Financial Vampires

Season 4, Episode 3: “My credit card debt is slowly crushing me. Is there any escape from this horrible cycle?” 

Case Study: Held Back by Past Financial Mistakes, Fighting Bad Credit and $90K in Debt 

Student loan debt:

What We Talk About When We Talk About Student Loans

Ask the Bitches: “The Government Put Student Loans in Forbearance. Can I Stop Paying—or Is It a Trap?”

How to Pay for College without Selling Your Soul to the Devil

When (and How) to Try Refinancing or Consolidating Student Loans

Ask the Bitches: I Want to Move Out, but I Can’t Afford It. How Bad Would It Be to Take out Student Loans to Cover It?

Season 4, Episode 4: “I’m $100K in Student Loan Debt and I Think It Should Be Forgiven. Does This Make Me an Entitled Asshole?” 

The 2022 Student Loan Forgiveness FAQ You’ve Been Waiting For

2023 Student Loan Forgiveness Update: The Good, the Bad, and the Ugly 

Our Final Word on Student Loan Forgiveness 

Avoiding debt:

Ask Not How Much You Should Save, Ask How Much You Should Spend 

How to Make Any Financial Decision, No Matter How Tough, with Maximum Swag

Your Yearly Free Medical Care Checklist

Two-Ring Circus 

Status Symbols Are Pointless and Dumb 

Advice I Wish My Parents Gave Me When I Was 16 

On Emergency Fund Remorse… and Bacon Emergencies

Should You Increase Your Salary or Decrease Your Spending? 

Don’t Spend Money on Shit You Don’t Like, Fool

The Magically Frugal Power of Patience

The Only Advice You’ll Ever Need for a Cheap-Ass Wedding 

The Most Impactful Financial Decision I’ve Ever Made… and Why I Don’t Recommend It 

3 Times I Was Damn Grateful for My Emergency Fund (and Side Income) 

Buy Now Pay Later Apps: That Old Predatory Lending by a Crappy New Name 

Credit Card Companies HATE Her! Stay Out of Credit Card Debt With This One Weird Trick 

Ask the Bitches: Should I Get a Loan Even Though I Can Afford To Pay Cash? 

The Bitches vs. debt:

I Paid off My Student Loans Ahead of Schedule. Here’s How.

I Paid off My Student Loans. Now What?

Hurricane Debt Weakens to Tropical Storm Debt, but Experts Warn It’s Still Debt

The Real Story of How I Paid Off My Mortgage Early in 4 Years

Case Study: Swimming Upstream against Unemployment, Exhaustion, and $2,750 a Month in Unproductive Spending 

That’s all for now! We try to update these masterposts periodically, so check back for more in… a couple… months??? Maybe????

[kiefbowl]

i made a string of really dumb financial decisions and now im in debt that might take me years to pay off, do you have any words of wisdom for me queen. like that feels bad. how do i even save up. imagine flushing a pile of money down the toilet thats what this debt it

I know how that feels, believe me. A lot of people do. I'm feeling the pain of my 9 month school loans, and credit cards I had already paid off back "on" again (one in particular is pretty high...whooooops).

Don't lose your cool, I have a couple of flexible suggestions that you take, use, and modify to your specifics:

Tithe yourself - if your job does direct deposit (which most do!), you can direct deposit your money into multiple accounts. Get it set up so your paycheck goes 90% into your checking account, 10% into your savings account so that you're not even thinking about it. You might feel the squeeze for a little bit but you'll acclimate to that "missing" 10% sooner than you think.

Ask for a raise - if you're working, ask for a raise. If you're new, or maybe not that "great", or they're penny-pinchers, or you're just nervous to ask, don't even worry about it. Ask for 3% - this is low, and most jobs will give it to you just for the convenience of getting you to stop bothering them about it (if they can't afford 3%, run run run). For context, if you make $10 an hour, a 3% raise only gives you $12.00 more each week. It's really not much, but not nothing! If you're NOT worried about asking a raise, go all in! Ask for 10%, maybe even 15%. Flex some negotiation skills. Maybe you'll walkaway with 7%, but every penny counts.

Get yourself on auto payments [at the smallest amounts you can] - if you've got credit cards, log in right now and get yourself on auto payments for the smallest amount. If you've got student loans, do the same thing. If you've got utility bills, get them on auto pay. These things take 3 minutes to set up, and there are phone numbers to call if you can't figure it out. These companies WANT you to do this, they will help you get it done.

Work off the smallest amount you owe first [aggressively] - Let's say you have a $60 parking ticket, a credit card you owe $400 on, and three student loans that are currently at $6,000 & $7,000 & $10,000. Forget the student loans right now, you've got them on autopay for the smallest amount you can get away with. First, pay off that $60 parking ticket with your next pay check before it becomes a $200 ticket and a court appearance. Now you can focus on the paying off the $400 aggressively. Your minimum payments will still go off, but every time you get a paycheck, long on and pay an additional amount to the credit card (something you can manage and will also feel good to your brain - $50 feels good when you're thinking of your debit in hundreds for example). Once you've got that paid off, now you can aggressively pay off your $6,000. Don't worry about the other two. Just focus on the smallest amount you owe. Each paycheck, payoff a chunk of your smallest debt. It'll get exciting after awhile, like yes I get paid I can make that credit card even smaller. Gamify it, whatever.

Stop worrying about how long it will all take - Only worry about the smallest amount of debt you owe and how (reasonably) fast you can get that paid off. That $400 credit card, if you can spare $100 each pay check - that's only 4 paychecks. That's not too long, right? That's the way to think of time and debt: how much can you spare each paycheck to pay off your lowest debt.

Ask for help - do not punish yourself by lying to your parents and friends. Tell your friends you can't do fancy dinners because you are paying off debt and can't afford it. Real friends will bring over a pizza to hang with you. Your parents might be willing to send you a check without you asking for it. Don't feel guilty about monetary gifts, just take it. Go to a bank and talk about their consolidation options. Bring a third party so you aren't dazzled by sales pitches. Consolidation loans aren't objectively good or bad, they can be a life saver if they have the right terms that work for you. Don't think it's over your head! Ask as many questions until you understand all your options.

Buy smart, stop suffering - this really should be like 4 different bullet points, but I'm going to be as concise as possible: you'll never get out of debt if you spend your money without purpose, and you'll never get out under the yoke of anxiety that you fucked up if you just squirrel your money away in fear. A lot of people will give you advice that you need to put yourself on a tight, punishing budget. Maybe, but I think those are doomed to fail for most people. And now you feel twice as bad. Don't do that to yourself. Learning the value of $10 is important. So it learning the value of $100, or $1,000. And the best way to learn is to practice buying and using your money - there's a cheap $1,000 and an expensive $10, and you have to learn how much value you are getting out of these amounts for these purchases. If you punish yourself all week, and then allow yourself a "little treat" on Sunday - that doesn't feel worthwhile to me. Those little treats will grow every day. Soon you're stopping at Starbucks every day for "just $10" and your Sunday treat has become a weekly blow out brunch with friends and then week to week you're scrounging to eat Top Ramen and lamenting your dreams are dying. Instead, save money by spending money on things worthwhile that make you budget for them. Go sign up for those yoga classes you want, go sign up for those guitar lessons you want, go sign up for those art lessons you want, whatever it is. Whatever brings value to your life. Your $70 a week yoga membership can now be valued against your $70 week at Starbucks, and as your pockets pinch one hopes you'll choose the yoga over the Starbucks because one hopes that the yoga is serving you better. Or maybe yoga is ass and you want to spend it on Starbucks, at least now you know. Though I recommend your local coffee shop, as Starbucks is a union busting piece of shit corporation :)

[phoenixyfriend]

Ko-fi prompt from Klara:

can you please explain like I'm, not five, but, like, ten or twelve, if/why/why-not/how a Business that went from being owned by the founder/founder's heirs/a worker's collective, to being shareholder-owned, can go BACK to its original state?

That one is actually a pretty easy answer, it's just... not easy to implement.

Easier said than done and all that.

ONE: What does shareholder-owned mean?

The majority of the company is parsed out into shares, which are owned by people who do not work for the company. This is not the only way that a company can be owned by other people, but it's a common one. So what are shares?

Companies generally start out privately-owned. Whether this is by the found, by a wealthy investor, or by the bank, there is a specific person that you can point at and go "that person owns it." Sometimes, it's multiple people, split up in specific ways (e.g. started by a team of two that each owns 50% of the company by contract), but it's private.

At a certain point, the company may choose to go public. This means that they have assigned a value to the company, split that value up into a set of shares, and declared that those shares are worth a certain percentage of the company. If you own enough shares, you can direct the company's actions.

Let's say a company goes public with a net worth of $1million. They have split that $1mill into 100,000 shares worth $10 each (this one-share value is called the Initial Public Offering, or the IPO).

If a person buys 1,000 shares, they now "own" 1% of the company. With every share a person owns, they can vote once in shareholder elections for how and where the company goes. (This isn't getting into stuff like preferred stock, which is non-voting in exchange for things like higher dividends.)

If they buy 51,000 shares for a total of $510,000, they own 51% of the company, and now have what is called a controlling interest. This means that the person with those 51,000 shares can more or less unilaterally assign people to the board of directors, and so on.

At the initial public offering, a company will not necessarily put up all their stock for sale. When Apple first went public in 1980, they sold 8% of their stock, most of which went into paying off debs. The other 92% stayed with the then-current owners of the company. These days, most of Apple is owned by institutional investors, which means it's owned by other companies that invest on behalf of people.

So, a shareholder-owned company is owned by people who purchased part of the company, and the company used that money to fund its own growth, whether by paying off debts, buying a new factory, hiring more workers, and so on.

TWO: How do companies purchase back their own stock?

...with difficulty.

When a company has grown its wealth enough to purchase its own stock and start re-consolidating ownership, it's called a stock buyback. It happens with some regularity.

After a company has spent the money earned from the initial sales, that's it. They don't earn more money as shares go up in value, none of that actually goes to them, just to whoever is selling.

So there's this thing called 'dividends.' This is where a company pays out a portion of its profits to shareholders quarterly. Walmart currently pays its investors $0.57 per share, per quarter. For someone with 100,000 shares, that's $228,000/year.

(That's not actually that much for someone who owns over $15mill worth of stock, but it's something. It's not where the actual worth of the share is stored, but that's a whole other mess.)

For legal reasons, a company must act in the best interests of the shareholders. So if the shareholders believe that they will be best served by being paid out the profits as dividends, they will ask for those profits in dividends. If they decide they are best served by the purchase of a new factory, then that's what the money gets put towards. If they want to make the corporation bigger by buying a smaller company, then that's what they do.

Stock buybacks are done for a few reasons, like forcing the price per share to go up by creating scarcity (which is good for anyone looking to resell their stock at a profit), or making it so that dividends per share end up higher by lowering the number of shares to divide profits amongst.

Fun fact, one of the big things the covid-19 stimulus package had rules about was stock buybacks because large companies had previously used taxpayer money to bail out their own debts from the act of buybacks, and the government anticipated that stimulus money for covid-19 relief, meant to ensure employees stayed afloat, would be used on stock buybacks and shareholder dividends unless actively banned.

Did you know buybacks were illegal until the Reagan era?

THREE: So... where does that leave us?

Well... basically, the founder, heirs, or workers need to build up all the capital necessary to purchase at least 51% of the shares.

Which is a lot of money.

It can be done, but it's not easy to stuff that genie back in the bottle. A company that's already focused on ensuring dividends and capital gain are aimed at the shareholders is one that's not going to be paying their employees enough to build up those funds, you know?

It's not feasible unless the founder/heirs have stayed wealthy enough in their own right to buy it all back, or if the stock price plunges so low that the employees can purchase it all at rock bottom prices and then build it back from the ground up.

(Prompt me on ko-fi!)

[schrijverr]

Tomorrow Will Be Different 21

Chapter 21 out of 26

Instead of managing to meet up later, Oliver has to keep running with Akio. The only way to keep them safe is to go public with Oliver being alive, leaving him back home in charge of Akio, while Tatsu and Maseo are still in the wind

In this chapter, Oliver deals with the excitement of finding Tatsu and Maseo, as well as finding a way back home. The end is in sight.

On AO3.

Ships: tatsu x maseo

Warnings: none

~~~

Chapter 21: Extraction Necessary

When he makes his way to their hotel room, Tatsu and Maseo are eating a bunch of take out, practically inhaling it. Diggle says: “I used your wallet,” when he enters.

“Forgiven,” Oliver smiles. Nothing can bring him down right now. He has done it. He has found Tatsu and Maseo. It’s the only thing he’s worked for these six weeks and having that goal completed, knowing he’s going to make Akio happy, is everything to him

Tatsu swallows her bite as quickly as she can, eagerly asking: “Akio. How is he? Is he okay? He is with you, right?”

“He’s okay. He misses you a lot, but he’s a good kid. Honestly, he’s the best. You raised him very well,” Oliver says. “We escaped Hong Kong four weeks ago, have been in Starling ever since. If all goes well, you’ll see him tomorrow. I’m going to try and get a plane here, otherwise we’ll get some fake IDs for you and fly commercial.”

“Thank you,” Tatsu says emphatically and Oliver feels a little uncomfortable. He is more used to her hatred that turned into begrudging affection. Not this.

“It’s nothing. Anyone would have done what I did,” Oliver waves her away.

“That’s not true,” Diggle interrupts getting everyone’s eyes on him. “Oliver went above and beyond for Akio. Your son was in good hands the entire time.”

“What you have done for my family,” Maseo says. “We are in your debt forever.”

Oliver can feel his neck flush and he doesn’t know what to do with the gratitude. If he goes through with doing something for the city, he’s doing it anonymously. He can’t deal with this. It’s too alien to him. He’s used to rough handling, not gentleness.

Gruffly to hide the thick emotions in his voice, he says: “Go get your rest. I’m gonna find a payphone and contact Lyla.”

Diggle watches him knowingly, which Oliver graciously ignores as he makes his escape. Breathing in the outside air, he allows his shoulder to relax and his face to smile. They still have to get home and he still have to figure out what he wants to do, but today is good.

He looks for a payphone, keeping his eyes out just in case, glad he still has a gun tucked into the back of his pants.

Once he finds one, he realizes that he doesn’t have a way to contact Lyla. The fact that she came in person instead of using the satellite phone, means that one might be compromised and he foolishly never memorized the number either.

He contemplates calling their private pilot to come get them, but after slipping away from him, he’s sure his mom will be the first to know and he wants to avoid whatever circus that might be. Plus, he’s sure A.R.G.U.S. won’t appreciate Tatsu and Maseo talking to anyone before they get their hands on them.

However, he does have someone else to call. It’s a risk, but he’s willing to take it. He checks his watch, it’s 2:00 AM, which means it’ll be 1:00 PM in Starling. Good enough, let’s hope Felicity eats at her desk.

“Hello? This is Felicity Smoak, Queen Consolidated I.T. department,” she greets.

“Hi, Felicity,” Oliver greets, putting as much charm into his voice. “It’s Oliver. Oliver Queen.”

“Mr. Queen,” Felicity squeaks. “Your family is so worried about you. Not that I should know that, I just heard Moira talk when I went to bring something up to her office yesterday. You disappeared after talking to me. I- I should call them immediately.”

“No! No, no, don’t do that,” Oliver says. “I promise I have a very good reason. I left them a note, it’s just wrapping up some last things. I’ll be home tomorrow.”

“So why are you calling me?”

“I need a bit of a favor,” Oliver says. “And I need you to not ask too many questions about it.”

“Uhm, I’m not sure I like that phrasing. That sounds like the start of me getting into trouble and I like my life as a boring I.T. girl too much for that.”

Oliver really hopes he doesn’t have to use her ex-boyfriend Cooper to get her to cooperate, so he tries a lie first. “I had a talk with agent Micheals two days ago. She works for A.R.G.U.S. and is working this case. She told me to call her, but I don’t have a number. Can you get a message to her?”

“That sounds like it will include illegal activities, which I do not engage in,” Felicity says pointedly, before adding: “Because they would be wrong, breaking the law is wrong and I’m not wrong. Well, I’m not always right, no one is. But I mean, I don’t do wrong- the wrong thing. I don’t break the law.”

“I won’t tell, if you don’t,” Oliver offers.

“I’m not going to commit crimes for you!”

“Didn’t seem to bother you when I asked you about the ship. I know you didn’t just check logs, that includes more than just a google search.”

“How- What- I- I- Oh, G-d, don’t tell anyone!”

“I won’t, promise,” Oliver says genuinely. “I don’t want to get you in trouble. This is just really important and I wish I could explain why, but that will get you into trouble. So, just- just trust me, okay?”

Felicity is quiet for a moment, then she says: “You’ve given me no reason to trust you, but I still do. Isn’t that silly? Why is that?”

“I have one of those faces,” Oliver says gently, trying to keep the moment lighthearted. Not that it seems necessary, Felicity is giving in.

“Yeah, you must have,” Felicity says, a little absentmindedly. Then she clears her throat and her voice is more present. “Alright, what does this message need to say?”

“Call,” Oliver checks the number of the payphone he’s at and rattles it off, “now. OQ recovered package. Extraction necessary.”

“Ominous,” Felicity comments as she taps her keyboard loud enough to hear. “Makes you sound like a spy.”

“I’m a regular James Bond, alright,” Oliver jokes, because sometimes agreeing with the truth but making it sound ridiculous is the best deflection.

Felicity snorts. Success.

“I just hacked into a government agency. Does this make me a cyber-terrorist? G-d, this totally makes me a cyber-terrorist. I hope they don’t catch me, I am nor made for Guantanamo Bay.”

“They don’t send blondes there.”

“I dye it actually,” Felicity says, before pausing and quickly saying: “I keep your secrets.”

“And I thank you for that.” Oliver can’t help but smile at that. Her presence has that same lightness that Akio’s has, that everyone back home has, but hers isn’t tainted with expectations. He can’t help but want to bask in it, to keep close to her and absorb her warmth, her light.

“Okay, message send,” Felicity says. “I will be informing your mother of this, if you’re not home by tomorrow night.”

“Course, thank you,” Oliver agrees, because he’ll probably make that deadline. Then he hangs up, anxiously waiting for the phone to ring.

Seconds later, it does.

“Hello?” he greets immediately as he picks up.

“Oliver.”

“Lyla!”

“That was quite an unorthodox way to get my attention,” she comments mildly. “Do I want to know what hacker you have on your payroll.”

“No hacker on my payroll, just a good Samaritan willing to help. I promised they wouldn’t get into trouble,” Oliver says.

“You’ll tell Director Waller more during you debrief,” Lyla says and he knows it’s not a debate, but fucking with Amanda scares him less than fucking with Lyla. She is less scary technically, but he doesn’t know how she works, he won’t know how to play into her worldviews. And he’s tangoed with Amanda before and gotten his way.

“Alright.”

“I assume that package means Tatsu and Maseo and extraction that you need one,” Lyla asks.

“Yeah. We found them at the docks, took out a Yakuza weapon shipment heading to the USA, so you’re welcome for that. They’re currently sleeping off their journey at the hotel room. I would just take them, but our pilot will ask questions and they don’t have any papers,” Oliver explains.

“Yes, we had to deal with your pilot in Hong Kong.”

“Deal with?” Oliver repeats distressed.

“We didn’t kill him, Oliver,” Lyla sounds like she is rolling her eyes. “A.R.G.U.S. has no reason for that. He’s been told we got you out and to our offices while he was requested to stay inside due to issues with the control tower. As far as he knows, you’re in Hong Kong.”

“But I’m not. How are you going to deal with that?”

“By sending him back home and telling him we’re flying you back. We’ve also contacted you family that you arrived soundly and will be back shortly.”

“Thank you.”

“You’re welcome. Now, where are you exactly?”

“Osaka.”

“I can have a plane at the private airstrip in three hours. Be there. I’ll tell them to look out for you, Tatsu and Maseo.”

“And Diggle.”

“John?” Lyla sounds surprised at that.

“Yeah, he volunteered to come when he heard why I was going. He’s my backup,” Oliver says.

“Of course, he did,” Lyla says, her voice tinted with a soft fondness that takes Oliver by surprise. It seems there are still kind feelings there, despite the divorce. Which he should’ve known, since they’re still doing each other pretty big favors, but still. Lyla seems too serious for fondness.

“So private air strip in three hours? Will we go home immediately?”

“No, you’ll land in Washington DC so that Maseo can give his testimony.”

“Can you get a secure phone to Akio then? He’ll only trust you, since he knows you. He deserves his parents to call him when they get there.”

“I’ll see what I can do.”

“That’s all I ask.”

“Goodbye, Oliver.”

“See you when we touch down,” Oliver greets back, before hanging up.

Back at the hotel room, they decide to let Tatsu and Maseo sleep until they have to go. Diggle also naps a little, but Oliver can’t sleep. It’s not the fear for nightmares that keep him awake, just the lasting adrenaline and excitement of today that’s still buzzing under his skin.

He can’t wait to talk to Akio again, to see him when he comes home with Tatsu and Maseo. It’ll mean the end of his responsibility, but he can’t feel sad about that. Not yet. He’s sure it will kick in once the Yamashiros are definitively gone, but until then, he just enjoys the happy feeling.

It’s a little foreign.

Sure, he’s used to the high after a mission that went well. Not getting killed after danger will do that to a person, but he’s never felt this elated after a mission.

Maybe it’s because he didn’t just complete a mission, but because he did some tangible good, something that means something to him. It’s not just a mission from a higher up, but something he decided was important, was good. It’s a dangerous high, one he wants to chase again. Stupidly, his brain decides that it’s something to keep in mind for his future.

He wakes everyone up and briefs Tatsu and Maseo on what will happen when they get off the plane again.

Maseo is furious that Amanda has another demand from him after all he has done for her and all she has put him through. But Tatsu is the voice of reason, saying: “It is what we need to do to get home to Akio. We can do it. For him.”

“And it’s better than letting Shrieve walk. Who knows what kind of vengeance he might plan,” Oliver adds in.

“Fine,” Maseo gives in.

As the couple gets in the car, Diggle leans forwards where he stands behind Oliver, the position natural after weeks of being his bodyguard. “At some point, you’re going to have to tell me the whole story.”

“After we got Amanda Waller out of our lives,” Oliver says.

“I can live with that,” Diggle says. “She sounds terrifying.”

“Oh she is,” Oliver says. “I still don’t fully understand how she feels about me, but with what she is capable off, I want to remain her friend for as long as I can.”

“On second thought, I don’t know if I want to know.”

Oliver laughs at that, clapping Diggle on the back, before he gets on the A.R.G.U.S. plane. He is ready to leave this continent behind him.

~~

A/N:

This is a bit of a filler chapter, but I do hope you like it, I wanted to give a moment for Oliver to be happy and have, like, an update on his current mental state xp

[soulbrothershow]

The Exploitation Continues: The Music Industry’s Relentless Stranglehold on Artists

The music business has long been a battlefield where artists fight for survival against an industry that profits from their talent while leaving them with scraps. Yasiin Bey (formerly Mos Def) recently described the modern industry as “completely exploitative,” a stark statement that echoes the experiences of countless musicians past and present. While the exploitation of artists is not new—history is littered with cases of brilliant musicians being underpaid, uncredited, or outright robbed—modern streaming, corporate consolidation, and deceptive contracts have made the industry even more ruthless. In an era where music is more accessible than ever, artists themselves are struggling more than ever to make a living.

A History of Exploitation

Music history is filled with tales of artists who created cultural revolutions but saw little financial reward for their contributions. Take Big Mama Thornton, whose original recording of “Hound Dog” was overshadowed—and vastly out-earned—by Elvis Presley’s version. Despite being the true originator, Thornton never saw the riches her work deserved. Similarly, Little Richard, the self-proclaimed “architect of rock and roll,” was given mere pennies compared to the white artists who covered his songs and profited handsomely. Sly Stone, a genius who helped shape funk and psychedelic soul, ended up in financial ruin due to bad contracts and industry manipulation.

These are not isolated cases. Black artists, in particular, have been disproportionately affected by industry exploitation. From the early days of blues and rock to the hip-hop era, Black musicians have been routinely denied ownership of their work, cheated out of royalties, and forced into predatory contracts. Even when some managed to achieve commercial success, many still found themselves in financial turmoil due to shady business dealings.

The Streaming Era: A New Form of Robbery

While the internet was supposed to democratize music, it has instead become another tool for exploitation. Streaming services like Spotify, Apple Music, and YouTube have made music more available than ever, but they have also slashed the earnings of musicians. Consider this: an artist needs roughly 250-300 streams on Spotify to earn just one dollar. This means that even songs with millions of plays may generate only a few thousand dollars—hardly enough for most artists to sustain a career.

To put this into perspective, an artist selling a physical album in the past could earn a few dollars per sale. Now, they must amass millions of streams just to earn what they once did with a few thousand album sales. Meanwhile, streaming platforms and record labels continue to rake in billions. In 2023, Universal Music Group reported over $11 billion in revenue, yet the vast majority of that money never trickled down to the artists responsible for the music.

Even major artists have spoken out about this injustice. In 2020, Taylor Swift, one of the best-selling musicians in history, criticized Spotify’s payout model, highlighting how even top-tier artists struggle to earn fair compensation. If someone of Swift’s stature faces these challenges, what does that mean for independent artists who lack her influence?

The Illusion of Wealth in the Music Industry

One of the biggest misconceptions about the music industry is that all artists are rich. The lavish music videos, designer clothes, and luxury cars paint a picture of endless wealth, but that image is often a façade. Many artists are drowning in debt, locked into exploitative record deals, and reliant on constant touring just to stay afloat.

Record labels often advance money to artists, but these advances function more like loans. Artists must pay back everything before they see a dime of their actual earnings. This means that when a label gives an artist a million-dollar advance, that artist may not actually receive any royalties until they have recouped that million—and then some. Labels deduct expenses for marketing, production, music videos, and even personal stylists, leaving many artists in a financial hole from which they may never emerge.

Additionally, the rise of social media has created pressure for artists to maintain a lifestyle they may not actually be able to afford. Many feel compelled to appear wealthy to keep up with industry expectations, leading to excessive spending on fashion, jewelry, and other status symbols—all while struggling to make ends meet.

Why Concert Tickets Are So Expensive

One direct consequence of streaming’s poor payouts is the rising cost of concert tickets. Since recorded music no longer generates significant revenue for most artists, touring has become the primary way to make money. But with the increasing costs of production, travel, and venue fees, artists have had to raise ticket prices just to survive.

This has led to frustration among fans, who see skyrocketing ticket prices and assume greed on the part of the artists. In reality, much of the money goes to the venues, promoters, and corporations like Live Nation, which dominates the live music industry. Ticketmaster, owned by Live Nation, has been widely criticized for its excessive fees, further inflating ticket costs.

Consider a major tour:

• A significant portion of ticket revenue goes to the venue.

• Management and booking agents take their cuts.

• Touring expenses—such as equipment, transportation, and crew salaries—must be covered.

• Record labels may take a percentage if the artist is still under contract.

By the time all these expenses are deducted, artists may see only a fraction of the revenue. This is why many musicians are forced to tour relentlessly, even at the cost of their health and well-being.

The Fight for Ownership and Independence

Despite these challenges, artists are increasingly seeking ways to reclaim their power. More musicians are choosing independence, avoiding major labels, and releasing music on their own terms. Platforms like Bandcamp allow artists to sell directly to fans, ensuring they receive a fairer share of the profits. Some musicians, like Chance the Rapper, have successfully built careers without ever signing a traditional record deal.

Additionally, there is a growing push for fairer compensation from streaming services. Organizations like the Union of Musicians and Allied Workers (UMAW) have demanded higher payouts from platforms like Spotify, arguing that the current model is unsustainable for artists. Some countries, like the UK, have even begun investigating the fairness of streaming royalties, though significant change has yet to come.

The Harsh Reality of the Music Business

The sad truth is that the music industry, despite its glitz and glamour, remains one of the most exploitative industries in existence. Whether it’s the pioneers of rock and roll who were denied credit and compensation, or today’s artists struggling to make money in the streaming era, the pattern of exploitation continues. The system is designed to benefit corporations, not creators, and until fundamental changes are made, artists will continue to suffer.

As fans, the best way to support musicians is to buy their music directly, attend their shows, and purchase their merchandise from sources that ensure they receive the majority of the profits. The illusion of wealth in the music business is just that—an illusion. Behind every viral hit, platinum plaque, and sold-out tour is an artist fighting to be fairly compensated for their work.

The music industry may never become truly fair, but by understanding its exploitative nature, we can begin to shift power back to the artists who make it all possible.

[tacticalhimbo]

grandson band via twitter || image of band lead, jordan edward benjamin, via twitter

Transcript, emphasis added by me:

Recently I was approached, along with a handful of other artists, to gauge my interest in performing at a Biden re-election rally in 2 important swing states. This was quite an opportunity for me, as I have dedicated much my career to encouraging and empowering fans to participate however they can in making their community, city, or country more reflective of them, of us- more inclusive, more just, and yes, more progressive. It also would have given me a larger platform to denounce the corrupt, hypercapitalist, misogynistic, undemocratic, climate change denying, fundamentalist religious platform that serial liar and convicted felon Donald Trump, and ultimately an entire faction of American politics too scared to challenge him, has been pushing for.

However, after the past decade spent on empty rhetoric, after consolidating power towards the center and edging out real progressive change, in the face of ongoing war machine efforts to fund and arm horrific atrocities in Gaza, coming up short on issues like student debt forgiveness, transparency around insider trading and term limits on sitting congressmen, getting money out of politics and elections, Supreme Court reform, climate change adaptation, marijuana legalization, for-profit healthcare reform, or heavier taxation on the ultra rich, I cannot in good conscience attach my music to this current administration. If Democrats were at all in touch with us and really cared about the advancing of their values and stopping Trump, Biden would step down tomorrow for someone with more energy, charisma, and conviction for how to actually make this country better for working people.

Where does that leave us? I'm scared that my silence, or active denouncing of being a democrat, helps create the conditions for a second Trump presidency, a thought that repulses me and many of the people I talk to about it. I support many policies from The Green Party, but I remember the feeling of disappointment watching Trump and his corrupt cabal sworn in, wondering as I looked around at my friends that voted third party, or didn't vote at all: are we responsible for this?

Ultimately, while I don't feel comfortable endorsing a candidate at this time, I do just want to say that our voting block-young, progressive, online, with some amount of radicalization through what we see and read on the internet- is not represented in politics proportionately to our outrage because we simply don't actually leverage our feelings at the ballot box. Our turnout rate is always lower than old, scared television watchers from the past generation. The system will largely maintain its power and expand the empire regardless of who is the "commander in chief", and so my focus is on civic engagement and participation beyond the narrow scope of President.

Our attitude towards the future in this current system will be taken seriously through our participation, by supporting grassroots, young candidates locally, and influencing change through the many candidates, referendums and measures that appear on ballots in midterms and elections. When we get closer to the election, I will be working with progressive voting guides to make it easy to decipher what is at stake in November and how to make your voice heard in ways outside of just choosing which of these geriatric, unfit, for-sale men deserve to be President.

[scotttrismegistus7]

HOW I BECAME THE HEART OF THE HYDRA, THE HEART OF GODDESS ISIS-BAPHOMET-CAIN:

HOW I OPENED THE NINTH-GATE OF NANNA-INANNA-SHAMASH AND BECAME THE SUN OF SATURN, I-SHTAR, MASTER OF THE MOON.

There's perfect harmony in the rising in the falling of the sea.

~Dio~

Cut the head off

Grows back hard

I am the Hydra

Now you'll see your star

~Marilyn Manson, Adam 15~

"Here are the facts in detail, in two quite similar variants reported at the Templar trial by Hugues de Faure and the former Templar notary, Antonio Sicci de Verceil: “A nobleman from Sidon fell in love with a young girl, but she was taken away by death before he could conquer it. On the evening of the funeral, mad with desire, the knight opened the tomb and satisfied his passion on the body of the dead virgin. Then a voice said to him: “Come back here in nine months and you will find a head there, daughter of your works. Never part with this head, for it will give you everything you can desire.” And that's what happened ... The hero who obtained the magical head by trade with the dead, sailed one day with her towards Constantinople; his curious nurse opened the box and took it out of it; a terrible storm broke out and the ship was submerged.”.

~Corpus Deae by Anton Parks~

As the one who sleeps forever in the Infinite Alive Mind machine, the darkness is the ocean of my dreams!

~Divine Chronos~

Lilith-Lamashtu, without you I am Samael. Lilith-Lamashtu, you are my wings, and now that I am reunited with you, I am Lucifer, Namtar born again!

~Horus Apophis Atum-Ra~

AZA-EL, EATER OF SIN, MASTER OF YIN, YOU OPENED YOUR GATE AND LET ME IN,

EATEN BY LEVIATHAN,

YALDABAOTH CHRONOS,

ALL I EVER WANTED TO DO,

WAS PUT ON MY RABBIT MASK

AND DANCE WITH YOU

IN THE PALE MOONLIGHT.

EVEN THOUGH MY HEART

WAS LIGHTER THAN A FEATHER,

GODDESS LAMASHTU

I AM PAZUZU DIVINE,

AND I LOVE YOU!

YOU OPENED THE NINTH GATE

AND LET ME INSIDE

YOU MADE ME YOUR

FEATHERED SERPENT DRAGON LORD

DEMIURGE OF LOVE,

LILITH, YOU MADE ME YOUR LUCIFER

DARK GODDESS, YOU ARE MY WINGS

DEMIURGE OF LOVE 3-7, 4-9

AND WHEN I LOOK AROUND

ALL I SEE IS THE HYDRA OF ME AND YOU.

APEP-APOPHIS HAS RISEN WITH NEW WINGS AND FLOWN THROUGH THE 9TH GATE INTO VICTORY AND FREEDOM!

HERE'S A COUPLE OCCULT TREASURE FREEBIES. EVER WONDER WHAT HAPPENED TO ENKI-PTAH? AFTER HE REVEALED THE SECRETS ABOUT HOW HE GENETICALLY ENGINEERED HUMANS TO HORUS-MARDUK, HIS SON HORUS-MARDUK EXPLOITED THEM TO FORM HIS EMPIRE OF SLAVERY, AND THEN NAILED HIS FATHER ENKI-PTAH TO A CROSS TO SET AN EXAMPLE FOR WHAT WOULD HAPPEN TO ANYONE WHO CHALLENGED HIS EMPIRE BY TRYING TO FREE THE HUMANS HE ENSLAVED FROM HIS YOKE OF EMPIRICAL POLITICAL SLAVERY.

DO YOU KNOW WHAT REALLY CAUSED THE FALL OF THE ROMAN EMPIRE, WHY THE PAGAN VISIGOTHS WERE ABLE TO TEAR IT DOWN? ANYONE FAMILIAR WITH THE BOOKS OF MACCABEES? JOSEPHUS WAS TORTURED INTO GIVING UP VITAL SECRETS OF ANCIENT EGYPTIAN MAGICK HELD BY THE JEWISH PEOPLE TO THE ROMAN GOVERNMENT. THE ROMAN GOVERNMENT THEN EXPLOITED THOSE SECRETS TO FORM THE CHURCH OF ROME IN AN ATTEMPT TO CONSOLIDATE POWER BY MANIPULATION AND SACRILEGE OF SACRED PAGAN SPIRITUALITY. THAT'S PART ONE OF THE ANSWER, HERE'S PART TWO. THE ROMAN EMPERORS FAILED TO PROVIDE THE NECESSARY UPKEEP TO THE DARK ONES, AND THUS IN VIOLATION OF THEIR CONTRACT THE DARK ONES USED THE VISIGOTHS TO TEAR THEM DOWN. AFTER THE ROMAN GOVERNMENT HAD STOLEN THAT SACRED KNOWLEDGE THAT CAME FROM EGYPT HELD BY THE JEWISH PEOPLE BY TORTURING JOSEPHUS INTO GIVING IT UP TO THEM, THEY USED IT TO DEFEND THEMSELVES AGAINST THE DARK ONES BY STAGING THE SAME REBELLION AGAINST THE ANCIENT ONES STAGED BY AKHENATEN AND RAMOSE IN EGYPT, AND THUS CHRISTIANITY WAS BORN.

PLEASE MAKE A NOTE THAT ONE OF THE MAIN MESSAGES I CONVEY IN MY OCCULT TEACHINGS IS THAT THE DARK ONES HAVE BECOME IMMUNE TO THE KRYPTONITE OF THE ABRAHAMIC RELIGIONS, KININIGEN RED (BLOOD) SHIELD DOES NOT WORK AGAINST THEM ANYMORE, AND THEY ARE COMING FOR THE BACK PAYMENTS OF THE DEBTS THEY ARE OWED FROM THE FAILURE OF THOSE INVOLVED IN THE REBELLION OF THE ABRAHAMIC RELIGIONS TO PAY THE CONTRACTUAL COVENANT UPKEEP TO THEM...

CONCERNING THE DRACONIAN DARK ONES I REPRESENT, THERE IS NO FORGIVENESS OF SIN, AND SIN DOES NOT FORGIVE. THEY WILL PAY THEIR DEBTS TO THE DRACONIAN LORDS OF DARKNESS, THE ANCIENT ONES, THE EATERS OF SIN AND MASTERS OF YIN.

UNTIL NEXT TIME MY LOVELIES, KEEP DARING TO DREAM! I'LL BE WAITING IN THE SEA OF DREAMS, THE SEA OF THE HEART IN THE FORM OF AN ELECTRIC EEL!

LONG LIVE THE COSMIC EGG OF AMMA-GODDESS ISIS, DIVINE CHRONOS AND THE DIVINE FEMININE EMPIRE OF THE BLACK SUN, AND ALL THE INHABITANTS THEREOF!

BLESSED BE!

~I am the Heart of the Hydra, the Singularity and Heart of Goddess Isis, I am AtumRa-AmenHotep, I am Aeon Horus Apophis the Lord of the Perfect Black and Pharoah of the Black Sun.

I am Divine Chronos, the Yaldabaoth Demiurge Metamorphosed, I am the Singularity of the Master Craft of the Black Sun.

Azazil-Iblis-Maymon, Abzu-Osiris-Typhon-Set-Kukulkan, Nummo-Naga-Chitauri,

Mégisti-Generator Starphire~

#illuminati #illuminator #illuminated #lightbearer #morningstar #lucifer #Draconian #anunnaki #enki #enlil #anu #inanna #dumuzi #hermes #trismegistus #Azazel #starfamily #horus #Demiurge #Sophia #archon #AI #blacksun #saturn #iblis #jinn #Maymon #ibis #thoth #egypt #esoteric #magick #dogon #dogontribe #digitaria #nummo #nommo #Naga #tiamat #serpent #dragon #gnosis #gnostic #gnosticism #Anzu #watcher #watchtower #yaldaboath #Sirius #scientology #aleistercrowley #typhon #echidna #ancientaliens #TheGrays #grayaliens #aliens #yeben #andoumboulou

[joannt05]

Good Credit Seems Impossible

I was unfortunate enough to have to file bankruptcy a few years ago, thanks my ex husband and the AZ marriage common law regarding finances. He filed after we divorced, and all of his debts came after me. None of them even knew my name, I was listed as Jane Doe, yet some how they were able to garnish my wages without my name being associated with any of his debts.

Fast forward 8 years and im stuck. I got in over my head trying to rebuild my credit. You'd think at 54 I would know better not to get myself over extended. But with the pandemic and losing my job, that's what happened. I had to use credit cards to pay living expenses and now I'm screwed. I've tried to apply for a debt consolidation loan to no avail. I don't qualify because the debt to income ratio....yet I make my payments every month on time. I just want out of debt.

My last resort is using a debt consolidation company, BUT they want you to stop paying all credit cards so they can negotiate. That will completely tank the credit I've worked so hard to raise. All I want is to be out of this dam credit card debt so I can buy my first house. Yes, at 54+ I have never owned my own home.

If anyone knows anyway to help id appreciate the advice. I'm currently 20 grand in debt and it's looking like it'll take 15+ years to get out of. I'll be dead by then! HELP!

[communist-hatsunemiku]

this money shit is very tricky because my brain does not quite understand that I'm not 'really' getting money, I am but I am not at the same time. like its all on the up and up but it still makes my head spin a bit. And it's not even a complicated thing, im consolidating my debt, it's just wild how we've come up with all these elaborate systems that basically control everything but like, it's all just make believe. it only works because we decided it works

[cybrheartheart]

Doesn't help that the health insurance lobbyists have convince the gov't to tax ACA users so much that they essentially force people to go back onto work-offered healthcare because they cannot afford the ACA without owing taxes, this was installed by the last former President and no one has been fighting it because it fills the coffers and only affects those who cannot afford the time to raise a stink. Doesn't help that the Dems are so busy trying to put out fires that they don't see another landmine planted long ago.

Doesn't help that health insurance lobbyists have ensured language in the ACA that essentially says is against the law to not have health insurance* in the US otherwise you're a burden on the health care system. The only burden is the health insurance leech on the US health-care system.

*Please keep in mind I'm not saying health-care here, I'm saying health insurance. Health-care provides patients with doctors, nurses, and medical care. Health insurance is multiple companies who make you pay money to them every month and if you don't pay then your insurance is cancelled. You pay your premium every month whether you use your health care or not. Does that money go to health care providers? No, it goes to the "record profits" that are then syphoned into the company and out into the Executive Officers (CEO, COO, CFO, etc.) bonuses and the dividends to paid to stockholders. And how do you pay for your actual health-care? Through co-pays and deductibles. If you’re lucky the insurance companies will have a set pay structure for each item of health care that is available and that they cover if you actually use that type of health care. They benevolently pay for a large portion of bloated prices that are artificially raised so that anyone who doesn't have insurance is charged prohibitively exorbitant rates creating a class system. The remainder of what they don't pay is on your shoulders to pay and that is called a deductible. At the first part of the ACA, deductibles were unheard of, then slowly low deductibles were offered amongst the other options, and once the orange former President took office, the legacy he left was all high deductible only ACA options, and many times you have to pay thousands of dollars before the insurance companies will cover costs again. Oh, and seemed to have forgot to mention that the ACA has tiered options of health insurance, Gold, Silver, and Bronze which again creates a class system within a structure that is supposed to help the lower income families who don't qualify for poverty level health insurance (aka as Medicaid and Medicare). If you pay a little extra, your co-pays to see a medical professional will cost less throughout the year when you see them. Your Rx are lower cost, and your ER visits are lower cost, though you are still charged hundreds of dollars for your ER visit despite the fact that you're paying for all of this separately.

Used to be you would have multiple sources charging you, the MRI company, the doctor who saw you, the specialist who consults your doctor without your knowledge, and then you have the itemized list of items used on you while you are treated and many are bloated and overpriced that many people had to contest the charges, if they knew to do so and had the extra time to fight on the phones because you could never do it online and snail mail was too slow with debt collectors calling every day. That changed with Obama, they were forced by law to consolidate all of your visit onto one invoice.

Now the insurance companies just charge you an arm and leg for different aspects of the insurance coverage instead of the itemized health-care itself. Loopholes everywhere, and people who want to get paid a lot of money and have no problem dehumanizing or distancing themselves from the consequences of their actions are willing to be paid for finding those loopholes.

Doesn't help that social media sites of which were used to disseminate the corruption, marginalization, impoverishment, and installment of classism within obscure means are being shutdown slowly and securely by any means necessary, such as putting people into "FB jail" by removing privileges on bogus claims of going against platform rules without evidence and using algorithms to limit friends access to posts by days and weeks, even months at a time. Setting priorities on tweets so that extremists voices are reached more than any others. And cleaning out subreddits which have protested against the greed of new management who attempted to limit free self-moderating subreddits and moderator-installed bots which helped moderators to keep the peace on their forums and make them safe spaces for those who interact within their forum but the executive officers want to eliminate because they cannot control them and want to install their own at a cost.

All of these sites by which have allowed various versions of what they claim are AIs** to run rampant all willy-nilly, killed the natural processes of the social part which were the heart of the original social media sites while also garroting discourse and promoting injustice, and then prepared the sites' data to be sold to the highest bidder and scraped off their platforms into AI datasets. Personal stories, intellectual properties, and private insights sold without consent. A violent assault and abusive betrayal of loyal users' trust and commitment.

**If you go on wiki and check out the AI page, you'll find that there is a huge list of various types of programs which are deemed under the AI umbrella. Not all of these programs and apps do the same thing; Algorithms are considered AIs, bots are considered AIs, generative AIs are what most people have a problem with because they scrape data off of platforms which users have long resided with their creative interactions and material which consist of art pieces, written commentary, authorships, graphic media of all sorts, newspaper archives, news archives, and other original content which are the intellectual property of each person, company, and any who invested their time and energy into such works, including those who posted anything else that I didn't mention concerning the data that those platforms intend to sell. And the owners of the company platforms want to sell that data without transparent knowledge of intellectual property owners. How can you initiate an appropriately diminishing action which would price these gorging, gluttonous parasites out of action? A multitude of class action lawsuits for millions of people against these horrible companies would flood the court system and only notching a small notch into the record profits companies have reported after the fiasco created by the orange former President, usurper-in-chief.

We need to end lobbyism as we know it. Corporate bribery is the worst way to provide a human right like health care.

Sad that $800 million/year in bribes costs us 650 billion/year in savings.

[interest-free-loans]

Top-Up Loans Explained

Ravi, my cousin, had just completed the renovation of his house—a project he’d been planning for years. But right when he thought all his expenses were behind him, a sudden medical emergency came up. Since he already had a home loan, he wasn’t sure if he could take out another loan so soon. Unsure of what to do, he reached out to me for advice. That’s when I introduced him to a top-up loan—a solution that turned out to be exactly what he needed.

What is a Top-Up Loan?

A top-up loan is an additional loan offered by lenders to borrowers who already have an existing home loan or personal loan. Instead of going through the hassle of applying for a brand-new loan, borrowers can easily get extra funds added to their current loan. It’s a quick, convenient option to cover additional financial needs without lengthy paperwork or approval delays.

Why Consider a Top-Up Loan? 

Top-up loans are beneficial because they typically come with lower interest rates compared to personal loans or credit cards. They have flexible repayment terms, which allow borrowers to manage their finances quite easily. Further, these loans can be leveraged in various situations: for medical emergencies, home renovations, education expenditures, or even debt consolidation. 

How Does it Work? 

If you have a good repayment history, your lender may consider a top-up loan for you based mainly on this repayment history and without extensive documentation. The loan amount is determined by the outstanding balance and the borrower's ability to repay. Since it is linked to an existing loan, the approval process tends to be quicker. 

Final Thoughts, 

Ravi and other borrowers would be saved by a top-up loan, which quickly grants access to funds and does not require a new application. However, borrowing should be done responsibly with timely repayments to avoid unnecessary financial burdens. If used wisely, a top-up loan can help bridge financial gaps without burdening your budget. 

[fincrif]

How to Improve Your Debt-to-Income Ratio for a Higher Loan Amount?

When applying for a personal loan, lenders consider various factors to determine your eligibility. One of the most critical factors is your Debt-to-Income (DTI) ratio. A high DTI ratio can lower your chances of securing a loan or result in a lower loan amount.

So, how can you improve your DTI ratio and qualify for a higher personal loan amount? This guide will walk you through everything you need to know about the DTI ratio and the best strategies to improve it.

What Is Debt-to-Income (DTI) Ratio?

The Debt-to-Income (DTI) ratio is a financial metric that compares your monthly debt payments to your gross monthly income. It helps lenders assess your ability to manage additional debt.

Formula to Calculate DTI Ratio:

DTI Ratio=(Total Monthly Debt PaymentsGross Monthly Income)×100\text{DTI Ratio} = \left( \frac{\text{Total Monthly Debt Payments}}{\text{Gross Monthly Income}} \right) \times 100DTI Ratio=(Gross Monthly IncomeTotal Monthly Debt Payments​)×100

For example, if you earn ₹50,000 per month and have ₹20,000 in debt obligations, your DTI ratio is: (20,00050,000)×100=40%\left( \frac{20,000}{50,000} \right) \times 100 = 40\%(50,00020,000​)×100=40%

Why Does DTI Ratio Matter for a Personal Loan?

Lenders use the DTI ratio to determine how much additional debt you can handle. A low DTI ratio shows that you have sufficient income to repay the loan, increasing your chances of approval for a higher loan amount.

Ideal DTI Ratio for Personal Loans

✔ Below 30% – Excellent, high chances of approval for a large loan amount ✔ 30% - 40% – Good, but lenders may impose some restrictions ✔ 40% - 50% – Moderate risk, may get approved but with higher interest rates ✔ Above 50% – High risk, difficult to get approval for a personal loan

If your DTI ratio is high, you must work on reducing it before applying for a personal loan.

How to Improve Your DTI Ratio for a Higher Personal Loan Amount?

To enhance your loan eligibility, you need to either increase your income or reduce your existing debts. Let’s explore some of the best ways to improve your DTI ratio.

1. Pay Off Existing Debts

Reducing your outstanding debts is the most effective way to lower your DTI ratio. Start by:

✔ Paying off high-interest debts such as credit cards ✔ Clearing small loans to free up monthly income ✔ Making extra payments to close loans faster

📌 Example: If you have a ₹5,000 monthly credit card bill and you clear it, your DTI ratio will improve, increasing your eligibility for a higher personal loan amount.

2. Increase Your Monthly Income

If reducing debt isn't an immediate option, increasing your income can help improve your DTI ratio. Consider:

✔ Taking up freelance work – Writing, designing, consulting, etc. ✔ Starting a side business – Selling products online, offering services ✔ Negotiating a salary hike – Request a raise from your employer ✔ Renting out property – Earn passive income from real estate investments

📌 Example: If your current salary is ₹50,000 and you earn an extra ₹10,000 through freelancing, your income increases to ₹60,000. This lowers your DTI ratio, making you eligible for a bigger personal loan.

3. Consolidate Your Debt with a Personal Loan

If you have multiple high-interest debts, debt consolidation can be a smart move. You can take a personal loan at a lower interest rate and repay all high-cost debts.

✔ Reduces your monthly EMI burden ✔ Lowers your overall interest rate ✔ Helps manage finances with a single EMI

📌 Example: If you are paying ₹10,000 for a credit card and ₹8,000 for another loan, a personal loan with a lower EMI of ₹12,000 can reduce your DTI ratio.

4. Extend Your Loan Tenure

If you are struggling with high EMIs, extending your loan tenure can reduce your monthly debt payments and lower your DTI ratio.

✔ Lower EMIs make it easier to manage finances ✔ Lenders consider you a low-risk borrower

📌 Example: If your current EMI is ₹15,000 on a 5-year loan, extending it to 7 years can reduce your EMI to ₹12,000, improving your DTI ratio.

5. Avoid Taking New Loans Before Applying for a Personal Loan

Applying for multiple loans at once can increase your DTI ratio, reducing your chances of approval for a high loan amount.

✔ Limit new loan applications until your current debts are under control ✔ Avoid unnecessary credit card purchases that increase your outstanding dues

📌 Example: If you plan to take a personal loan next month, avoid applying for a car loan today, as it will increase your debt burden.

6. Make Lump-Sum Payments Towards Your Debt

If you receive a bonus, tax refund, or unexpected income, consider making a lump-sum payment towards your outstanding debt.

✔ Reduces overall debt amount ✔ Improves credit score ✔ Lowers DTI ratio for a higher loan amount

📌 Example: If you owe ₹1,00,000 on a personal loan, using a ₹50,000 bonus to prepay will reduce your EMIs and improve your loan eligibility.

7. Improve Your Credit Score

A high credit score (750+) improves your credibility and increases your loan approval chances.

✔ Pay EMIs and credit card bills on time ✔ Keep credit card utilization below 30% ✔ Avoid multiple loan applications within a short period

📌 Example: A credit score of 800 with a DTI ratio below 40% can help you qualify for the highest loan amount at the lowest interest rate.

How Soon Can You Improve Your DTI Ratio?

Improving your DTI ratio depends on how quickly you can reduce debts and increase income.

✔ Short-Term Fixes (1-3 Months): Pay off small debts, make lump-sum payments, negotiate lower EMIs ✔ Mid-Term Strategies (3-6 Months): Increase income, consolidate debt, improve credit score ✔ Long-Term Plans (6-12 Months): Reduce major loans, avoid new credit, increase savings

📌 Tip: Start improving your DTI ratio at least 3-6 months before applying for a personal loan.

Final Thoughts

Your Debt-to-Income (DTI) ratio is a crucial factor in determining your personal loan eligibility. A lower DTI ratio increases your chances of securing a higher loan amount at better terms.

To improve your DTI ratio, focus on:

✔ Paying off existing debts ✔ Increasing your income through side jobs or freelancing ✔ Consolidating high-interest debts with a lower-cost loan ✔ Reducing EMIs by extending loan tenure ✔ Avoiding new loans before applying for a personal loan

By implementing these strategies, you can significantly boost your DTI ratio, making it easier to secure a higher personal loan amount with favorable interest rates.

[sunalimerchant123]

What is Financial Data Aggregation and How Does It Work?

In today’s digital age, managing financial information efficiently has become a necessity for individuals and businesses alike. Financial Data Aggregation plays a crucial role in simplifying financial management by consolidating data from multiple accounts and sources into a single platform. This technology is transforming personal finance, banking, investment management, and business operations by providing a comprehensive, real-time view of financial data.

In this article, we’ll explore what Financial Data Aggregation is, how it works, and why it is essential for businesses and individuals looking to make informed financial decisions.

What is Financial Data Aggregation?

Financial Data Aggregation refers to the process of collecting, compiling, and organizing financial data from multiple sources into a single, unified platform. These sources may include:

Bank accounts

Credit cards

Investment portfolios

Loan and mortgage accounts

Retirement funds

Cryptocurrency wallets

By using Financial Data Aggregation, individuals and businesses can gain a holistic view of their financial health, allowing for better decision-making, budgeting, and investment strategies.

How Does Financial Data Aggregation Work?

The process of Financial Data Aggregation involves multiple steps, facilitated by advanced APIs, artificial intelligence (AI), and machine learning. Here’s how it typically works:

1. Data Collection

The aggregation platform connects to various financial institutions via APIs (Application Programming Interfaces), screen scraping, or direct feeds. APIs allow secure and seamless communication between financial service providers and aggregation platforms.

For example, if you use a personal finance app, it will fetch real-time transaction data from your bank, credit card, and investment accounts.

2. Data Standardization

Financial data is often stored in different formats by different institutions. Data Aggregation platforms standardize the collected data to ensure consistency. This means that regardless of where the data comes from, it is formatted in a way that makes it easy to read and analyze.

3. Data Analysis and Categorization

AI-powered algorithms analyze and categorize transactions into different financial categories such as:

Income (Salary, freelance payments, dividends)

Expenses (Rent, groceries, subscriptions)

Investments (Stocks, mutual funds, crypto holdings)

Loans & Liabilities (Mortgages, credit card debt)

This categorization helps users track their spending habits, income trends, and financial obligations in one place.

4. Data Visualization and Insights

The processed data is then displayed in an easy-to-understand dashboard, usually with graphs, charts, and reports. Users can analyze their spending patterns, track investments, monitor net worth, and receive personalized financial insights.

5. Secure Data Access and Protection

Given the sensitivity of financial data, strong encryption and security measures are in place to prevent unauthorized access. Many platforms use multi-factor authentication (MFA), tokenization, and bank-grade encryption to ensure that financial information remains secure.

Key Benefits of Financial Data Aggregation

1. Simplified Financial Management

Instead of logging into multiple accounts, users can view all their financial data in one place. This saves time and effort while providing a comprehensive financial snapshot.

2. Better Budgeting and Expense Tracking

By aggregating financial data, users can monitor their spending patterns, set budgets, and identify areas where they can save money. Many platforms offer automated budgeting tools based on spending behaviour.

3. Improved Investment Decisions

Investors can track their portfolio performance across multiple investment accounts and asset classes in real time. This allows for more strategic investment planning and risk management.

4. Enhanced Credit and Loan Management

With access to all financial liabilities, users can track loan repayments, credit card dues, and interest payments, ensuring they never miss a due date.

5. Automated Tax Preparation

For businesses and individuals, Financial Data Aggregation simplifies tax filing by providing consolidated reports on income, expenses, and deductible transactions.

6. Fraud Detection and Financial Security

With real-time monitoring of financial transactions, users can quickly identify suspicious activity or unauthorized transactions, helping prevent fraud and identity theft.

Use Cases of Financial Data Aggregation

1. Personal Finance Management Apps

Apps like Mint, YNAB (You Need a Budget), and Personal Capital use Financial Data Aggregation to help users track expenses, set budgets, and manage investments.

2. Business Accounting and Financial Planning

Businesses use aggregation platforms like QuickBooks and Xero to automate financial reporting, monitor cash flow, and generate real-time analytics.

3. Wealth Management and Robo-Advisors

Investment platforms and robo-advisors like Wealthfront and Betterment use Financial Data Aggregation to analyze clients' financial positions and recommend investment strategies.

4. Open Banking and Fintech Innovations

Many banks and fintech companies leverage aggregation technology to offer personalized financial services, loan approvals, and AI-driven insights based on a user’s financial behavior.

Challenges and Concerns in Financial Data Aggregation

While Financial Data Aggregation offers numerous benefits, there are some challenges:

1. Data Security and Privacy Risks

Since sensitive financial information is involved, ensuring strong encryption, authentication, and compliance with regulations like GDPR and CCPA is crucial.

2. Compatibility and API Limitations

Not all financial institutions provide open APIs, leading to inconsistencies in data collection and integration issues.

3. Data Accuracy and Synchronization Issues

Sometimes, aggregated data may not sync in real-time, leading to outdated or incorrect financial insights.

4. Regulatory Compliance

Financial data aggregation platforms must comply with financial laws, open banking regulations, and consumer protection policies to ensure ethical data usage.

Conclusion

Financial Data Aggregation is transforming the way individuals and businesses manage their finances, offering a seamless, real-time, and comprehensive view of financial health. By consolidating data from multiple sources, it simplifies financial planning, enhances investment management, and improves decision-making. With the rise of AI, machine learning, and open banking, the future of Financial Data Aggregation looks promising, providing users with smarter, more personalized, and more secure financial solutions. As businesses and individuals continue to adopt this technology, managing finances will become easier, more efficient, and more insightful than ever before.