Market pictures – Web A Photo http://web-a-photo.com/ Thu, 19 May 2022 16:29:42 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://web-a-photo.com/wp-content/uploads/2021/06/icon-2021-06-23T173451.957.png Market pictures – Web A Photo http://web-a-photo.com/ 32 32 GETTING BUSINESS LOANS FOR PHOTOGRAPHY https://web-a-photo.com/getting-business-loans-for-photography/ Thu, 19 May 2022 16:16:55 +0000 https://web-a-photo.com/?p=3970 GETTING BUSINESS LOANS FOR PHOTOGRAPHYIf you think that photography goes beyond selfies, and your artistic sense draws attention to the appealing beauty of nature and urges you to pull out an iPhone or Pentax to capture the captivating moment at its finest You have a talent for photography. Making money through doing things that you’re passionate about isn’t much more […]]]> GETTING BUSINESS LOANS FOR PHOTOGRAPHY

If you think that photography goes beyond selfies, and your artistic sense draws attention to the appealing beauty of nature and urges you to pull out an iPhone or Pentax to capture the captivating moment at its finest You have a talent for photography. Making money through doing things that you’re passionate about isn’t much more rewarding than this! With an investment of a significant amount to acquire the fundamentals, you could become professionally trained as a photographer. The money for investment can be obtained from traditional banks as well as commercial credit cards, credit and family, and alternative micro-business loans such as ACFA Cashflow. There are many options for business financing The best method to fund a photography venture is with small-scale commercial credit.

From business registration to the equipment and other necessities, it will cost you around $25,000. This doesn’t include rental of the premises or the cost of bills and also the payroll for your staff. In the event that your bank account is empty, it is time to apply for a business loan to establish an activity you’re interested in – a photography business isn’t the best option.

It’s more than just getting a camera out of your bag. To manage a photography business professionally you require a well-planned business plan as well as social media platforms that promote your talents as well as a professional website for people to reach you, and the most important thing is a high-end camera, lightning printer, and more.

The small business loan process can aid you in establishing your photography industry with the blitz:

  1. Business Line of Credit
  2. Equipment Financing
  3. A long-term or short-term loan
  4. Merchant Cash Advance

Take note of the following information to learn how to use an array of business loan options that can be used to fund your company.

The term loan is a great option to help with business planning and the initial steps

Create a business plan Make an inventory of the equipment that you need as well as create an advertising and marketing strategy as well as think about the accounting aspects of your company. Are you going to take charge of all domains on your own? Do you plan to hire experts in the respective areas? If you aren’t sure you can advertise your products immediately then hiring a social media specialist is the most effective method. Also, if you feel that you aren’t able to enter the information and control the cash flow hiring an accountant as well as a financial planner is a great option. It’s not enough to keep photographing free photos of employees in exchange for their work; you must pay them. The term loans are the ideal alternative for business financing to complete these tasks. It provides a loan amount of up to $5 million. The most important thing is that the conditions are flexible to 35 years. This gives you the time to build a successful business.

With 5 million cash in the bank, it is easy to accomplish the initial tasks. For instance, employee recruitment and training, and branding marketing require a huge amount of cash. With additional cash flow, it is possible to pick the options you want.

Finally, does your business plan contain a business registration cost? Reduce the amount by $500 to $1,500 for the term loan, register your company with a proper business structure in the jurisdiction you are operating from and operate a business that is legally registered. Once you have enough money to establish your company, pay rent, and the wages of your diligent employees, we can look at the financing of some of the essential gadgets employed in photography.

Equipment Financing for Photography Gear

Making a mental image is fine, however not if you’re operating a photography business. To earn a decent income, you need a real camera and to keep ahead of your competition, you must have the best one too. Take a look at the following costs:

  • Camera: $500 – $8,000
  • Lens: $250 – $3,000
  • Backdrops & Lighting: $200 – $800
  • Professional Computer Setup: $1,500 – $2,000

If you do not have this amount of money, these prices can be alarming. Consider a helper with equipment Loans as well as Equipment Financing. When a business seeks the loan of an item, for example, leasing equipment for restaurants or start-ups The lender will offer cash for the purchase of equipment in this instance, it could be a lens, camera lightning, or computer. The borrower is guaranteed ownership of the equipment purchased. If you are planning on changing the equipment you have purchased, time and often, you need to consider applying to Equipment Leasing. Leasing is somewhat different from finance or bad credit business loans where the borrower pays for the cost to lease the equipment, and after the borrower has completed all payments, the borrower is able to lease a more recent or better machine. If a small business loan, particularly equipment financing, is available to assist you in your photography business, money shortages shouldn’t hinder you from operating a photography business.

Now that the financing of professional gear is in place we can move to the financing of other costs.

Business Line of Credit and other expenses

What’s the next step after you have taken pictures? Editing. If you require the most effective editing software, then you’ll have to shell out a few dollars. Before you begin your photography business to make enough money and grow, you may need a credit line for business credit will help pay for the cost of the subscription. Business lines of credit function like a company credit card. It only charges interest on the amount you have that you withdraw. Once the borrower has paid an amount to the creditor, it will charge the account with the original amount. If, for instance, you’re planning to hold photography and require some volunteers or assistants, to pay the wages of these employees, a business credit line credit is a great source of funding. With cash in the bank, it is possible to take some of your own shots in order to establish your name on the market. Take a dip in the money pool and use it however you want.

If you have an abundance of customers who pay with credit cards and you are able to accept credit cards, then you should consider a Merchant Cash Advance would be an ideal option to fund this type of business, too. Cash advances for businesses require transactions that are at least $8,000, and lenders will provide cash advances to businesses as a way to increase revenues generated through credit debit card transactions. It’s a costly funding alternative.

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What to know before borrowing https://web-a-photo.com/what-to-know-before-borrowing/ Tue, 25 Jan 2022 22:36:00 +0000 https://web-a-photo.com/what-to-know-before-borrowing/ Payday loans usually come with very high interest rates and are often based on your income. Personal loans are long-term installment loans that generally have lower rates than payday loans. Payday loans are always a worse option than personal loans due to their high rates. Read more stories from Personal Finance Insider. Loading Something is […]]]>
  • Payday loans usually come with very high interest rates and are often based on your income.
  • Personal loans are long-term installment loans that generally have lower rates than payday loans.
  • Payday loans are always a worse option than personal loans due to their high rates.
  • Read more stories from Personal Finance Insider.

Taking out a loan can be a useful way to pay for expenses that you might not otherwise be able to cover at the moment. You may want to borrow to cover medical bills, home renovations, or maybe even a vacation.

The most common forms of loans for quick cash are payday loans and personal loans, although one is a much better option than the other.

payday loan vs. Personal loan: In one look

  • A payday loan is a short-term, high-cost unsecured loan with principal as part of your next paycheck.
  • A personal loan is an unsecured long-term loan with higher minimum loan amounts and lower interest rates.
  • You can use either money pretty much however you like; other than that, they have few similarities.

Real Simple’s Money Confidential podcast host Stefanie O’Connell Rodriguez recommends avoiding payday loans whenever possible.

“It’s an option of last resort, like avoiding it at all costs,” says O’Connell Rodriguez. “If you’re considering something like, ‘OK, do I use a payday loan or a credit card or a personal loan,’ understanding that a payday loan is the option of last resort might help make that decision a little easier.”

What is a payday loan?

Payday loans are often for small amounts of money, usually $500 or less. They are designed for borrowers who are in need – perhaps you need money to cover an unexpected medical bill or a damaged item. Payday loans provide immediate funds, come with extremely high interest rates, and are generally based on your income, not your credit history.

“Payday loans come at a price,” says Kendall Clayborne, Certified Financial Planner at SoFi. “They can have interest rates over 600%. Such high interest rates, not to mention the other associated fees, can quickly lead to situations where you end up falling behind on the loan and have to borrow money. more and more to pay it comes back.”

Payday loans are never a better option than personal loans. They come with extremely high interest rates and are often predatory in nature.

“If someone asked me personally, I wouldn’t recommend a payday loan under any circumstances,” says Annie Yang, strategic financial advisor at Real Estate Bees.

You can get a payday loan by going to a physical lender or through an online lender. When you take out a payday loan, you often agree to authorize the lender to withdraw funds from your bank after your check has been deposited. The lender may request a signed check in order to receive the funds soon after your next paycheck.

what is a Personal loan?

With a personal loan, you ask to withdraw a specific amount of money. The lender will show you available offers based on financial factors such as your credit score, debt-to-equity ratio, and ability to repay the loan. You can use a personal loan for a variety of reasons, including home renovations, medical bills, and vacations.

“Personal loans come with a credit check to qualify, but will give you a longer term to pay them back,” says Clayborne. “Your repayment schedule can be less stressful, giving you the flexibility to pay over a few years rather than a few months. With a longer repayment term, your personal loan can be easier to manage than a payday loan. .”

Personal loans are always a better option than payday loans because they come with lower interest rates and the loan decision is based on your ability to repay.

Online lenders, banks and


credit unions

will give you money that you will repay over a fixed period, say a year or five years. Personal loans are almost always unsecured, meaning they don’t require collateral – like a house or car in the case of a mortgage or car loan – to be received. Most personal loans have fixed interest rates that remain the same for the life of the loan.

Whether you decide to take out a loan or not, O’Connell Rodriguez advised you not to judge yourself too harshly based on your financial situation.

“Have compassion for yourself,” O’Connell Rodriguez said. “Understand that where you are, if you’re in an emergency, if you’re in debt, if you’re in a really bad financial situation, it doesn’t say anything about who you are, it doesn’t say anything about what you’re capable of. of, or who you are. It doesn’t define your goodness or your dignity.”

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5 Benefits of Payday loans In comparison to other credit types https://web-a-photo.com/5-benefits-of-payday-loans-in-comparison-to-other-credit-types/ Tue, 25 Jan 2022 22:11:20 +0000 https://web-a-photo.com/in-pictures-discover-marcel-duchamps-passport-christmas-cards-and-sketches-in-a-captivating-new-online-portal-about-his-life-and-work/ 5 Benefits of Payday loans In comparison to other credit typesWhat are the 5 benefits of Payday Loans? If you are looking for cash quickly then ACFA Cashflow payday loans are among the best options to think about. In comparison to other forms of credit, payday loans have numerous advantages that you can’t find anywhere else. There are five benefits of payday loans in comparison […]]]> 5 Benefits of Payday loans In comparison to other credit types

What are the 5 benefits of Payday Loans?

If you are looking for cash quickly then ACFA Cashflow payday loans are among the best options to think about. In comparison to other forms of credit, payday loans have numerous advantages that you can’t find anywhere else. There are five benefits of payday loans in comparison to other types of credit.

1. Speed

One of the major benefits for payday loan is the fact that they’re easy to obtain. If you decide that you require cash today and walk into an establishment that offers payday loans or make an application online and receive cash in less than one hour in certain cases. It’s not the case for other kinds of credit. If, for instance, you were to apply for credit it would be necessary to submit an application, wait for the bank to decide whether you’re credit-worthy and then you would be approved prior to receiving a credit card in the mail.

2. It is easy to qualify for

Another benefit of getting payday loans is that they’re easy to obtain. It is not necessary to have a great credit score to be eligible for this kind of loan. A majority of payday lenders require proof that you’re employed and if you earn so many dollars per month. Yes, they’ll conduct tests, however they’re more looking to determine if you have the funds to repay the loan. If you’re in the right position and meet the requirements, you’ll typically be approved for the loan. In other forms of credit, you need be able to show a high credit score to be approved. The duration to receive this approval can be difficult when you face an emergency financial situation.

3. You can use the cash you earn to purchase

With a payday loan you get money that you can put immediately to buy anything. Contrast this with a credit card you can have access to cash, however you cannot take it all out in cash. If, for instance, the credit card you choose is a card with a limit of $10,000 however, you may only be capable of taking out an amount of $2,000 through an advance. Payday loans are payday loans, which means you receive cash which you can use immediately however you like.

4. Flexibility

Another benefit for payday cash loans is that they can be rearranged. You can borrow the funds and spend it as you like without limitations. For other kinds of loan, that isn’t the situation. If, for instance, you borrowed the mortgage or car loan, you’d need to invest the funds in the purchase of a home or car.

5. Convenience

Payday loans are typically quite simple to handle. They offer convenient hours , which are usually more flexible than you’ll find in banks. They may, for instance, be open until 8 midnight so that they can assist you with email and telephone assistance, and some even offer live chat. This makes it easier for you to take payday loans or cash advances and makes it easier to pay your payment in time.

With all these advantages with in mind, it’s simple to understand how a payday advance can be a great way to get out of financial difficulties when you require cash fast. Make sure that you are aware of all the conditions and terms with this kind of loan prior to signing to get one, and you’ll be in good shape.

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Cinema Marketing Company PaperAirplane Helps Exhibit During Pandemic – Deadline https://web-a-photo.com/cinema-marketing-company-paperairplane-helps-exhibit-during-pandemic-deadline/ Tue, 25 Jan 2022 20:04:00 +0000 https://web-a-photo.com/cinema-marketing-company-paperairplane-helps-exhibit-during-pandemic-deadline/ EXCLUSIVE: 2020 has been a year of utter confusion as movie theaters went largely dark due to Covid and studios grappled with a full distribution shutdown. But with great chaos came a great opportunity as Lionsgate veterans Mike Polydoros and Will Preuss decided to open the doors to PaperAirplane, a one-of-a-kind marketing agency that connects […]]]>

EXCLUSIVE: 2020 has been a year of utter confusion as movie theaters went largely dark due to Covid and studios grappled with a full distribution shutdown.

But with great chaos came a great opportunity as Lionsgate veterans Mike Polydoros and Will Preuss decided to open the doors to PaperAirplane, a one-of-a-kind marketing agency that connects cinemas, studios and theatrical media advertising agencies, creating and promoting theatrical promotions.

Polydoros, which has contributed to the theatrical marketing success of numerous blockbusters, including The hunger Games franchise, Knives outand The Earth, saw the need for a single solution between theaters and studios for theatrical marketing. This efficiency is achieved through PaperAirplane’s Hanger, a centralized hub of exclusive digital movie marketing assets that studios download to and from which theaters download, i.e. DCP trailers, videos and social media graphics, personalized and exclusive content, web banners, GIFs, digital. leaves, etc.

And the decision to launch just as movie theaters were struggling to reopen around the second half of 2020?

“I’m optimistic about this company,” Polydoros told Deadline, “People have been trying to put a pin in it ever since the advent of multiple media – radio, television, BetaMax, DVD – and the one thing that is true is that people keep coming back to the movies. It’s a community experience.

In just over a year, PaperAirplane has amassed over 1,300 registered users and supported over 225 titles for studios of all sizes to date, including Warner Bros., Universal, Focus Features, Walt Disney Studios , Sony Pictures, Lionsgate, Paramount, STXfilms, Briarcliff/Open Road, A24, Bleecker Street, Netflix, Gravitas Ventures, Roadside Attractions, Elevation and eOne, plus event cinema provider Iconic Events Releasing.

PaperAirplane has also been instrumental in providing guidance to theater circuits on how to optimize their royalty subscription listings and market specifically to these members, as well as advising studios of the digital promotion rollout. of the exhibition.

Gravitas Ventures

Additionally, PaperAirplane assists independent distributors with their in-theatre marketing support, including trailer placement, digital marketing campaigns, asset building. Last weekend they worked with Gravitas Ventures on their widest release ever at 2,170 theaters, the Pierce Brosnan-Kaya Scodelario-William Hurt family film. The king’s daughter.

Last summer, PaperAirplane worked with the National Association of Theater Owners (NATO) to deliver material for its The Big Screen is Back campaign to theaters across North America. PaperAirplane also recently worked with New York City on the creation of their “Vax to the Movies” campaign.

honest thief
Open road films

Tom Ortenberg, CEO of Briarcliff Entertainment and Open Road Films, whose film honest thief was the very first resource uploaded, said, “Paper Airplane is exactly what the distribution and exhibition communities need in this time of paradigm shift: a mechanism to get marketing materials to where they’re needed most, in a user-friendly and cost-effective manner. ”

PaperAirplane reached an important milestone today: the company recently surpassed its 100,000th digital asset downloaded from its portal, The Hangar. By the end of this week, nearly 120,000 total assets will have been downloaded from The Hangar.

Polydoros added, “As our industry continues to recover, the response and support we have witnessed has been nothing short of phenomenal. Since I worked on our first title honest thief As of October 2020, the fact that our digital asset manager The Hangar now exceeds 100,000 unique assets downloaded by over 95% of the North American exhibition market is a testament to the willingness of exhibitors to support these films that are shown in their cinemas. We now see over 500 assets uploaded per day, and each of those uploads represents either a web or social media post, targeted email outreach, mobile push notification, or some form of engagement with real moviegoers via the exhibitor’s marketing channels. .”

Preuss added, “With multiple assets for multiple studios available in one place, exhibitors are now able to easily and efficiently find what they need. When a studio makes its assets available in The Hangar, we see that title receiving multiple social media posts from exhibitors. We create a convenience in the marketplace that supports both studios and exposure. Everyone benefits and it shows how eager exhibitors are to support and market these titles.

Polydoros and Preuss are joined at PaperAirplane by industry veterans Meggie Isom and Amanda Rufener.

PaperAirplane is a joint venture with Velocity, a managed services company, which provides managed IT services through network management, voice and data connectivity, digital signage and multimedia solutions, as well as cinema marketing and production services digital.

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Scary fraud ensues when identity theft and usury collide – Krebs on Security https://web-a-photo.com/scary-fraud-ensues-when-identity-theft-and-usury-collide-krebs-on-security/ Tue, 25 Jan 2022 20:02:22 +0000 https://web-a-photo.com/scary-fraud-ensues-when-identity-theft-and-usury-collide-krebs-on-security/ What’s worse than finding out that identity thieves have taken out a 546% interest payday loan in your name? How about a loan at 900% interest? Or how about not learning about the fraudulent loan until it’s turned over to debt collectors? A reader’s nightmarish experience sheds light on what can happen when identity thieves […]]]>

What’s worse than finding out that identity thieves have taken out a 546% interest payday loan in your name? How about a loan at 900% interest? Or how about not learning about the fraudulent loan until it’s turned over to debt collectors? A reader’s nightmarish experience sheds light on what can happen when identity thieves and hackers start targeting online payday lenders.

The reader who shared this story (and the abundant documentation that accompanies it) requested that his real name be omitted to avoid encouraging further attacks on his identity. So we’ll call him “Jim”. Last May, someone applied for a type of loan in Jim’s name. The request was likely sent to an online portal that takes the borrower’s loan request details and shares them with several potential lenders, as Jim said that over the next few days he received dozens of emails and calls from lenders wanting to approve him for a loan.

Many of these lenders were eager to give Jim money because they were charging exorbitant interest rates of 500-900% for their loans. But Jim has long had a security freeze on his credit file with all three major consumer credit bureaus, and none of the lenders seemed willing to proceed without at least taking a look at his credit history. credit.

Among the companies that checked to see if Jim still wanted that loan he never applied for last May was Mountain Summit Financial (MSF), a lending institution owned by a Native American tribe in California called Habematelol Pomo d’ Upper Lake.

Jim told MSF and others who called or emailed that identity thieves had requested the funds using his name and information; that he would never take out a payday loan; and would they like to remove his information from their database? Jim says MSF assured him that would be the case and the loan was never granted.

Jim spent months sorting out this mess with MSF and other potential lenders, but after a while the inquiries died down. Then, on November 27, Thanksgiving weekend, Jim received a series of quick emails from MSF stating that they had received his loan request, that they had approved it, and that the requested funds were now available on the specified bank account. in his MSF profile.

Curiously, the scammers had taken out a loan in Jim’s name from MSF using his real email address – the same email address the scammers had used to impersonate MSF in May 2021. Although he didn’t don’t technically have an account with MSF, their authentication system is based on email addresses, so Jim requested that a password reset link be sent to his email address. It worked, and once inside the account, Jim was able to find out more about the details of the loan:

The terms of the unauthorized loan in Jim’s name from MSF.

Take a look at the 546.56% interest rate and finance charges shown on this $1,000 loan. If you pay off this loan in one year at the suggested bi-weekly payment amounts, you will have paid $3,903.57 for that $1,000.

Jim contacted MSF as soon as they opened the following week and discovered that the money had already been paid into a Bank of America account which Jim did not recognize. MSF asked Jim to complete an affidavit claiming the loan was the result of identity theft, which required filing a report with local police and a number of other steps. Jim said numerous calls to the Bank of America fraud team went nowhere because they refused to discuss an account that was not in his name.

Jim said MSF eventually agreed the loan was not legitimate, but they couldn’t or wouldn’t tell him how his information got to a loan – even though MSF was never able to pull it back. his credit report.

Then, in mid-January, Jim learned from MSF by post that they had discovered a data breach.

“We believe the stranger may have had the ability to gain access to certain customer accounts, including your account, in which case they could view that customer’s personal information and potentially obtain an unauthorized loan using the client’s credentials”, MSF mentioned.

MSF said personal information involved in this incident may include name, date of birth, government-issued identification numbers (e.g. SSN or DLN), bank account number and routing number. , home address, email address, phone number and other general loan information. information.

Part of the breach notification letter dated January 14, 2022 from tribal lender Mountain Summit Financial.

Never mind that his information was only in MSF’s system due to an earlier attempt by identity thieves: the intruders were able to update his existing file (never deleted) with new banking information, then push the application via MSF systems.

“MSF has been the target of a suspected attack by a third party,” the company said, noting that it was working with the FBI, the California Sheriff’s Office and the Tribal Commission in Lake County, California. “Ultimately, MSF confirmed that these trends were part of an attack that originated outside the company.

MSF did not respond to questions regarding the aforementioned third party(ies) that may be involved. But it’s possible that other tribal lenders were affected: Jim said that shortly after MSF’s bogus payday loan was set up, he received at least three inquiries in quick succession from other lenders who were suddenly interested in offering him a loan.

In a statement sent to KrebsOnSecurity, MSF said it had been “victim of a malicious attack from outside the company, by unknown perpetrators”.

“As soon as the problem was discovered, the company initiated cybersecurity incident response measures to protect and secure its information; and informed law enforcement and regulators,” MSF wrote. “In addition, the company has notified individuals whose personally identifiable information may have been affected by this crime and is actively working with law enforcement in its investigation. As this is an ongoing criminal investigation, we cannot make any further comments at this time.

According to Native American Financial Services Association (NAFSA), a trade group in Washington, D.C. representing tribal lenders, the short-term installment loan products offered by NAFSA members are not payday loans but rather “installment loans” – which are amortized, have a set loan term, and require payments that not only serve interest, but also repay the principal of the loan.

NAFSA did not respond to multiple requests for comment.

Almost all US states have usury laws that limit the amount of interest a business can charge on a loan, but these limits generally do not apply to tribal lenders.

Leslie Bailey is an attorney at Public Justice, a nonprofit legal defense organization in Oakland, California. .

“The reason is clear: genuine tribal businesses are entitled to ‘tribal immunity,’ which means they cannot be sued,” Bailey wrote in a blog post. “If a payday lender can shield itself from tribal immunity, it can continue to make loans with illegally high interest rates without being held liable for violating state usury laws.”

Bailey said that in a common type of arrangement, the lender provides the capital, expertise, staff, technology and corporate structure needed to run the lending business and retains most of the profits. In return for a small percentage of revenue (usually 1–2%), the tribe agrees to help draft documents naming the tribe as the owner and operator of the lending business.

“Then, if the lender is sued by a state agency or group of deceived borrowers, the lender relies on those documents to claim that he is entitled to immunity as if he were himself. even a tribe,” Bailey wrote. “This type of arrangement – sometimes called ‘leasing a tribe’ – has worked well for lenders for a time, as many courts have taken company documents at face value rather than looking behind them. the curtain on who really gets the money and how the business is actually run. But if recent events are any indication, the legal landscape is moving towards greater accountability and transparency.

In 2017, the Consumer Financial Protection Bureau sued four tribal online lenders in federal court — including Mountain Summit Financial — for allegedly misleading consumers and collecting debts that weren’t legally owed in multiple states. All four companies are owned by Habematolel Pomo of Upper Lake.

The CFPB later dropped this investigation. But a class action lawsuit (PDF) against those same four lenders is pending in Virginia, where a group of plaintiffs have alleged that the defendants violated the Racketeer Influenced and Corrupt Organizations Act (RICO) and the Virginia usury by charging interest rates between 544 and 920. percent.

According to Buckley LLP, a Washington, D.C.-based financial services law firm, a district court denied RICO’s claims but denied the defense’s motion to compel arbitration and dismiss the case, holding that the arbitration clause was unenforceable as a potential waiver by the borrowers. ‘ federal rights and that the defendants could not claim tribal sovereign immunity. The district court also “held the loan agreements’ tribal choice of law to be unenforceable as a violation of Virginia’s firm public policy against unregulated loansharking loans.”

Buckley notes that on November 16, 2021, the United States Court of Appeals for the Fourth Circuit upheld the district court’s decision, finding that arbitration clauses in loan agreements “impermissibly require borrowers to waive their substantial federal rights under federal consumer protection laws, and contained an unenforceable tribal provision on choice of law, as Virginia law caps general interest rates at 12%.

Jim said he only heard about the Thanksgiving weekend MSF loan because the hackers apparently thought it was easier to get loans using existing MSF client account information than to change anything. it is in records other than the bank account to receive the funds.

But if the hackers had changed the email address, Jim might have first discovered the loan when the collection agencies came calling. And by then, his exorbitant loan would be in default and racking up heavy charges in arrears.

Jim says he’s still mad at MSF, and these days he’s just waiting for the other shoe to drop.

“They issued this loan in my name without verification and without even checking my credit, even though they were already warned that they should not have dealt with me since the incident in May,” Jim said. “I always feel like I’m going to get that call at some point from a collection agency asking me why I didn’t make payments on an installment loan that I never asked for.”

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the Saints got a mess on their hands https://web-a-photo.com/the-saints-got-a-mess-on-their-hands/ Tue, 25 Jan 2022 19:36:00 +0000 https://web-a-photo.com/the-saints-got-a-mess-on-their-hands/ Sean Payton is the greatest head coach in New Orleans Saints history. He has more wins than anyone who has ever taken the reins of the once inept franchise. He’s coached more than eight times as many playoff games as the next closest player in the Saints’ record books. He is responsible for the team’s […]]]>

Sean Payton is the greatest head coach in New Orleans Saints history. He has more wins than anyone who has ever taken the reins of the once inept franchise. He’s coached more than eight times as many playoff games as the next closest player in the Saints’ record books. He is responsible for the team’s only Lombardi Trophy.

He somehow got a winning record from a 2021 team whose starting quarterbacks were Jameis Winston, Taysom Hill, Trevor Siemian and Ian Book. It looks like this will be his last accomplishment as a head coach at New Orleans. Reports surfaced on Tuesday afternoon that he was stepping away from the game after 16 seasons as Saints head coach.

It’s a surprising decision that makes an already turbulent offseason in New Orleans even more difficult. Payton’s retirement leaves the Saints behind the eight other NFL teams that have already fired their head coaches. The Chicago Bears, for example, have already had three candidates lined up for interviews around the same time, Payton reportedly told his team that he would not be returning for 2022.

Not only will New Orleans likely have to sift through a crop of already selected candidates, but they don’t have much equipment to sway a prospective head coach. The Saints, in recent tradition, enter the offseason significantly above the salary cap expected for next year. No team is worse off than their -74 million cap space. Years of contract restructuring and bonus staggering in the future doesn’t just mean the roster can’t get better – it means it will likely have to get worse before it gets better.

That means the 2022 version of the team could be without pending free agents Terron Armstead and Marcus Williams. He’ll also have to figure out what to do at quarterback, where Hill is locked up for more than $12 million, but Winston is heading to the open market. Whoever takes the reins next will also have the honor of determining what to do with Michael Thomas and the remaining three years and approximately $75 million in cap hits tied to his contract.

Last year’s saints were rarely threatening and only getting worse. Payton’s abrupt retirement offers the club two paths: keep limping along while massaging a bloated below-salary-cap roster like someone taking on more and more payday loans, or blow it up and reset like the Texans — a team with similar cap issues, a since-gone head coach and a huge quarterback hole — did it in 2021.

Houston has been transparent about its rebuild and was reduced to hiring David Culley for a year before firing him. New Orleans can resign itself to a similar outcome. The Saints are not a destination for top-level coaching candidates in this condition. They won’t be for a few years. The franchise, as it stands, is not a fix-it, but rather a tear-down project.

Payton realized this, probably sent calls to join FOX’s broadcast booth, and pressed eject. Now his former franchise must clean up the mess his accident left behind.

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YouTube plans to add NFTs as a source of revenue for creators https://web-a-photo.com/youtube-plans-to-add-nfts-as-a-source-of-revenue-for-creators/ Tue, 25 Jan 2022 17:10:43 +0000 https://web-a-photo.com/youtube-plans-to-add-nfts-as-a-source-of-revenue-for-creators/ Topline YouTube plans to offer non-fungible token features as a new source of revenue for its creators, the company’s CEO Susan Wojcicki said in her annual letter to creators on Tuesday, as rivals such as Twitter and Meta have already exploited the growing market. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket […]]]>

Topline

YouTube plans to offer non-fungible token features as a new source of revenue for its creators, the company’s CEO Susan Wojcicki said in her annual letter to creators on Tuesday, as rivals such as Twitter and Meta have already exploited the growing market.

Highlights

Wojcicki said the company is focused on helping creators “capitalize on emerging technologies, including things like NFTs,” and if that materializes, it would mark the first entry from YouTube parent company Alphabet Inc. . on the market.

She added that YouTube monitors Web3, an umbrella term for the internet built around cryptocurrency, calling it an “inspiration” for innovation.

Last week, Twitter began allowing users to set their NFTs as profile pictures to show off their investment in the marketplace, and those who use the feature receive hexagonal-shaped profile pictures rather than the normal circular ones.

the FinancialTimes reported last week that Facebook and Instagram teams are working to add functionality similar to that offered by Twitter, and are working on a separate feature that would allow users to create and sell NFTs.

Large number

$24.9 billion. That’s last year’s NFT sales volume, according to data collector DappRadar. Due to the NFT craze, the sales volume has increased significantly to $94.9 million in 2020.

Key context

NFTs are verifiable digital collectibles, or digital assets, often works of art that can be bought and sold on the blockchain. Celebrities, athletes, fashion brands, sports leagues, auction houses and even former first lady Melania Trump have jumped on the trend. Today, social media platforms are entering the market partly to give creators another source of income and partly because NFT features are “new status symbols” that allow people “to affirm and display their membership in identity groups and their place in social hierarchies”. Washington Post reported. For example, Twitter’s hexagonal-shaped profile picture for users who use NFTs separates them from ordinary users. Technology analyst and investor Eugene Wei told the To post NFT profile pictures also signal people’s allegiance to the cryptocurrency community.

Tangent

While some NFT projects have been successful, that has not been the case for others like professional wrestler and actor John Cena. He said his attempt to profit from the market was a “catastrophic failure” after selling just 37 NFTs out of the 500 he had forecast.

Further reading

YouTube CEO says company will explore NFT features for video creators (Bloomberg)

Facebook owner Meta dives into the NFT digital collectibles craze (FinancialTimes)

Twitter rolls out verified NFT profile pictures (CNN)

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Photos: Residents object to ‘monstrous’ apartment building planned for Keyworth https://web-a-photo.com/photos-residents-object-to-monstrous-apartment-building-planned-for-keyworth/ Tue, 25 Jan 2022 14:00:53 +0000 https://web-a-photo.com/photos-residents-object-to-monstrous-apartment-building-planned-for-keyworth/ Residents of a Nottinghamshire village are opposing an apartment block plan that some say is ‘monstrous’ and inappropriate, even though it would replace a derelict site. A developer has asked Rushcliffe Borough Council to build 37 one bedroom apartments in Bunny Lane, Keyworth. Candidate Bellco Developments wants to transform the disused former British Legion building […]]]>

Residents of a Nottinghamshire village are opposing an apartment block plan that some say is ‘monstrous’ and inappropriate, even though it would replace a derelict site.

A developer has asked Rushcliffe Borough Council to build 37 one bedroom apartments in Bunny Lane, Keyworth.

Candidate Bellco Developments wants to transform the disused former British Legion building and restaurant into a sustainable apartment building, retail units and offices.

He says the plan is a “huge opportunity” for the village.

© Pelham Architects

But some residents have written objections to the app, saying it’s “sticky” and “would stick out like a sore thumb”.

Some of those who live in nearby Woodleigh retirement flats also say the new construction would block their view.

Capture4
© Pelham Architects
– Advertising –

And Heritage Community Liaison Officer Emily Gillott said it was possible that human remains could be found on the grounds due to its proximity to the nearby church.

She said: “Given the possibility of encountering human remains and earlier archaeological layers, I would recommend that all earthworks be accompanied by a program of archaeological control and supervision.”

Catch6
© Pelham Architects

The developer says the plans would give local start-ups the option to use the offices or retail units.

The lower floor would house five offices and six retail units and the upper floors would house the apartments, which the developer says will be suitable for people with reduced mobility.

Capture5
© Pelham Architects

Richard Wilson, who is a neighbor of the proposed development, described the plan as “monstrous”.

He said: “This is all we will see from our windows and our gardens. It will block out all sunlight and make our already small bungalows even darker.

“By building this, you will take away some of my only joy of living with my neighbors.”

Anna Francis, who said she has family living in the bungalows behind the site, added: “I fear for their mental health and well-being if this proposal goes ahead.

“The little bit of joy that some of these old people in Woodleigh feel from sitting in their little gardens enjoying the daylight, beautiful skies, trees and wildlife to watch, will be destroyed. .”

Nottinghamshire County Council said the proposed 27 parking spaces were considered low and advised the developer to provide further details in a transport declaration.

A spokesperson for Bellco Estates said: “2 Bunny Lane is a huge opportunity for the village, which will bring life back to a high-profile central site.

“Above all, it will be a proudly local development. As a resident of Keyworth myself, we are keen to provide employment opportunities to the community and use an established design team with strong roots in the area.

“Keyworth has struggled for some time now to respond to all facets of the housing market.

“While two-bedroom detached houses are well placed to accommodate couples, for example, they often remain out of reach for those looking to live independently for the first time.

“The accommodation component of 2 Bunny Lane will suit single residents, including those with mobility issues that have not already been catered for by other developments in the village.”

They added that the building would also solve the lack of space for independent shops and businesses in the area, and be a sustainable development with electric charging stations and carbon-neutral homes.

Rushcliffe Borough Council’s planning committee will review the plans, although a date has yet to be set.

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Is there a formula for creating an anti-racist school? https://web-a-photo.com/is-there-a-formula-for-creating-an-anti-racist-school/ Tue, 25 Jan 2022 13:04:23 +0000 https://web-a-photo.com/is-there-a-formula-for-creating-an-anti-racist-school/ A collective of eight CDFIs is putting racial equity at the forefront of education lending. From fiery debate over critical race theory to heated school board meetings and the uncertainty of schooling in a deadly pandemic, the issue of education is at the center of public discourse. Recently, amid growing social unrest, eight CDFIs have […]]]>

A collective of eight CDFIs is putting racial equity at the forefront of education lending.

From fiery debate over critical race theory to heated school board meetings and the uncertainty of schooling in a deadly pandemic, the issue of education is at the center of public discourse. Recently, amid growing social unrest, eight CDFIs have partnered to make racial equity in education a top priority.

The CDFI Racial Equity Collaborative on Education, led by the Self-Help Credit Union, was originally founded in 2018 and began rolling out resources to help lenders assess schools’ commitments to fair practices the following year. The CDFIs, which include the Reinvestment Fund, the Low-Income Investment Fund and the IFF, have pledged to concentrate lending, primarily for facility improvements, to public and charter K-12 schools. 12th graders who showcase practices and outcomes that improve racial equity in their schools. It is still early in the initiative, but CDFIs and some school principals are encouraged by the collaborative energy of the program and the progress made so far.

For some CDFIs and educators, the initiative could not be more urgent. As with almost every aspect of American life, the pandemic has exposed the disparity of resources between schools made up of different races and classes – and it’s high time, they say, to reimagine public education and schools, especially when it comes to race.

One of the recipients of a loan through members of the collaboration is The RISE Schools, a network of charter schools in the Atlanta metro area. Their sizable $4.8 million loan in the spring of this year will help them expand school facilities for existing students and “struggling students,” says RISE executive director Dr. Davion Lewis. The investment, he says, “is going to be a game-changer for us.”

In education, systematic racism can manifest itself in undue or excessive disciplinary practices for black and brown students compared to their white peers or excessive dropout rates, notes Khaliff Davis, senior director, Southeast at Reinvestment Fund, headquartered in Philadelphia.

“School discipline is a hot topic in education,” Davis says. “Research shows that students of color are more likely to be (more) disciplined in school settings than their white peers. We think holistically about the whole child – do schools implement practices that are not punitive and excessive? What training do they provide to staff to ensure discipline is restorative and not harmful?”

But figuring out how to measure a concept as broad as racial equity to make sound lending decisions is a challenge. CDFIs, well, had to go to school and learn from educational counselors Village of Wisdom, an educational nonprofit, we (work to expand anti-racism education) and Discriminology technology-based educational equity platform. These consultants developed REM – Racial Equity Matrix – a tool outlining 10 qualitative data points or indicators designed to, according to Davis, “develop a framework for assessing schools’ commitments to creating equitable learning environments”.

REM essentially attempts to codify practices around which CDFIs can debate and formulate underwriting policies when considering school loans. REM includes topics such as parent engagement, teacher and student recruitment, and culturally relevant curricula, which REM’s website describes as providing material “to celebrate and affirm the intellectual contributions of people of color”.

“It’s not meant to be punitive” to schools, said Jenny Boyts, director of social services at IFF, a Chicago-based CDFI. “In all of our decisions, we strive to invest in transformational projects, and in the school space, these indicators help us define what transformation looks like.”

Dr. Lewis believes his seven-year-old school checks most of the boxes that constitute a transformational investment and is true to the spirit and policies of the racial equity initiative.

“I don’t know how you can increase racial equity in education unless you support schools like ours,” he says.

RISE Schools teaches over 800 students in elementary and middle schools and is looking to add a secondary school. The Reinvestment Fund, one of two CDFIs in the collaboration that provided the $4.8 million, could also contribute to this expansion. “Both parties are hopeful that the partnership will continue,” admits Dr. Lewis.

The Reinvestment Fund, which has invested over $500 million to K-12 schools over the past two decades, already embeds a racial equity lens across its lending portfolio, a practice IFF’s Boyts is also working towards.

Essentially, the collaboration formed a high-powered task force to try to create a socially relevant formula for school funding that not only produces positive marks for students and communities, but also for CDFI wallets.

“Over the past two years, we have created a safe space to talk and discuss how to apply racial equity in lending,” says Chelsey Hurt, charter school program associate in Durham, Carolina. North, Self-Help Credit Union. “We are still in the learning phase.”

This story is part of our series, CDFI Futures, which explores the community development finance industry through the lens of equity, public policy and inclusive community development. The series is generously supported by Partners for the Common Good. Sign up for PCG’s CapNexus newsletter at capnexus.org.

Christopher C. Williams is a New Jersey-based freelance financial writer. He worked for many years with Dow Jones Newswires and Barron’s Financial Weekly and contributed to publications such as The Wall Street Journal, New York Times and Essence magazine. It focuses on the intersection of business, economic equity, and racial justice.

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Ikea will open the UK’s first small store in Hammersmith next month https://web-a-photo.com/ikea-will-open-the-uks-first-small-store-in-hammersmith-next-month/ Tue, 25 Jan 2022 11:58:17 +0000 https://web-a-photo.com/ikea-will-open-the-uks-first-small-store-in-hammersmith-next-month/ Ikea Hammersmith is its first small-format store in the UK // Ikea Hammersmith is about a quarter the size of a traditional Ikea store and will focus on home accessories and soft furnishings perfect for urban living // The store will also feature an exclusive food offering, The Swedish Deli, which serves a range of […]]]>
Ikea Hammersmith is its first small-format store in the UK
// Ikea Hammersmith is about a quarter the size of a traditional Ikea store and will focus on home accessories and soft furnishings perfect for urban living
// The store will also feature an exclusive food offering, The Swedish Deli, which serves a range of Scandinavian specialties such as Smörrebröd

Ikea will open its first large, small-format store in Hammersmith, west London, on February 24.

The store, which is about a quarter the size of a traditional Ikea store, is the first of its kind in the UK and focuses on home accessories, soft furnishings and a new food offering called The Swedish Deli.

Ikea Hammersmith has a new food format, The Swedish Deli
Ikea Hammersmith has a new food format, The Swedish Deli

Spread over two floors, the 4,600m² Ikea store is inspired by London life and features a fluid layout with room sets designed around city living.

It stocks 4,000 products, which are located alongside the sets of pieces they represent, rather than Ikea’s traditional Market Hall concept. Larger home furnishings will be on display and can be ordered for home delivery or delivered to nearby collection points.

The store will also house The Swedish Deli, which goes beyond serving Ikea’s signature meatballs and sells a range of hot and cold Scandinavian specialties including Smörrebröd, Nordic Chicken Caesar and Swedish Mazarin open sandwiches. . It will also serve veggie balls, a vegan alternative to traditional Ikea meatballs.

Customers can dine in, take out and also take out, as the deli will open at 8 a.m. on weekdays, an hour earlier than the store itself.


READ MORE: Ikea will move into the former Topshop flagship on Oxford Street in 2023


Peter Jelkeby, Country Manager and Sustainability Director for Ikea UK & Ireland, said: “As shopping habits change and town centers continue to be redefined in the wake of the pandemic, this new store format marks the next step in the transformation of our business as we strive to make Ikea more accessible, affordable and sustainable.

“For the first time, Londoners will be able to take the tube to an IKEA store, walk in, pick up a yellow bag and buy all the furnishing accessories that make a house feel like home. They will also be able to check out the full range, for delivery to a convenient pick-up point or directly to their home.

Ikea mall's sister company Ingka Centers has bought the former Kings Mall in Hammersmith, which is home to the small-format store
Ikea mall’s sister company Ingka Centers has bought the former Kings Mall in Hammersmith, which is home to the small-format store

The store, which is one of eight small-format stores Ikea operates globally, was built with sustainability in mind and has achieved BREEAM ‘Outstanding’ certification, a rating awarded at less than 1% new non-domestic buildings in the UK.

Ikea Hammersmith will also feature a small circular hub, where customers can access Ikea’s popular buy-back service, allowing them to exchange selected second-hand furniture for Ikea vouchers and purchase pre-loved items that can be brought home that day.

Ikea Hammersmith will be located in Livat Hammersmith, a new program of Ingka Centres, the mall arm of Ikea owner Ingka Holdings. Ingka Centers bought the former Kings Mall shopping center in Hammersmith in 2019 to create the destination.

Ikea Hammersmith ground floor
Ikea Hammersmith ground floor
Ikea Hammersmith first floor
Ikea Hammersmith first floor

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