Beware of Predatory Lending Practice

first_imgNever sign a loan contract you don’t understand and always check that terms that were told to you orally (e.g., interest rate and fees) are the same in the loan contract. Also be wary of lenders who swamp borrowers with a lot of papers to discourage reading everything closely. Never sign loan documents because you feel pressured to do so. Also, be very suspicious of lenders that you did not contact first. Most reputable mortgage or credit lenders do not solicit business over the phone, via e-mail, or door-to-door.Visit MilitaryConsumer.gov for free resources, tip sheets, and blog posts from national consumer protection experts. Below is a 5-minute video that demonstrates a predatory loan application in progress with a slick lender.To join the July 28 webinar, Predatory Lending Practices & How to Avoid Them visit the event page.This post was published on the Military Families Learning Network blog on July 7, 2015. Walk away from any lender that encourages you to borrow more than you need (and can afford), requires credit life insurance, provides a blank contract with spaces “to be filled in later,” charges excessively high costs (e.g., closing costs as much as $5,000 on a $25,000 loan) and doesn’t answer all your questions. Be especially wary of calls and visits about “bargain” loans that are “available only for a very short time.” Read loan documents carefully before signing and always get a copy for your records. By Barbara O’Neill, Ph.D., CFP®July 15 is Military Consumer Protection Day so July is a good time to explore frauds that affect service members and their families. The Personal Finance team will present a webinar on Predatory Lending Practices & How to Avoid Them on Tuesday, July 28 at 11 a.m. ET.Most lenders are reputable and community-minded and charge a fair price for the use of borrowed money. Unfortunately, there is also a relatively small subset of lenders, called predatory lenders, who take advantage of others. Predatory lenders do just what the name implies. They market to vulnerable populations, such as the elderly, minorities, and people with poor credit histories, and charge excessively high interest and up-front fees.Photo by Jason Comely (Creative Commons CC BY 2.0.)There is no precise definition of predatory lending. Rather, it consists of a number of practices that exploit consumers and can result in the loss of homes and life savings. A common element of all predatory loans is exploiting a consumer’s ability to repay. Borrowers are often lent amounts far in excess of what their incomes can support. In the case of mortgages, lenders are assured of a profit- either through loan payments or foreclosure (seizing a borrower’s home). Interest rates and fees are also well above average market costs.How can military families avoid predatory loans? By being cautious and skeptical. Consider the following tips:Always check out a lender before signing any loan documents, particularly if they contacted you first and they are not located in the city or county where you live. Start with the Better Business Bureau (BBB). To get the name of the BBB closest to you, visit bbb.org. Local or state consumer protection (consumer affairs) agencies can also provide information about whether a lender has had complaints from consumers.last_img read more

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Burning and Building Bridges

first_imgThere is problem with burning bridges behind you.It’s easy to become frustrated and react by giving someone a piece of your mind. When relationships are challenging, sometimes the easiest answer looks like blowing up the relationship and burning the bridges behind you.You can burn down bridges in your personal relationships, your work relationships, and even your sales relationships. In the heat of the moment you can overreact and go to far. You can also act exactly as you wish in that moment, burning down the bridges and completely leveling the relationship. The person (or people) that were on the other side of that bridge can no longer reach you (as if they would want to).The problem with burning bridges behind you is that to get back across you have to build a new bridge.Building a new bridge requires an enormous effort. First you have to apologize for burning (or blowing up) the bridge in the first place. The bigger and nastier the explosion you made when burning down that bridge, the more work it’s going to take for your apology to be accepted. Then you have to start making deposits in the relationships so you can brick by brick and step-by-step rebuild the bridge. You have to build the bridge and find your way back across.But you don’t have to burn down the bridge in the first place. There’s really nothing to be gained. But there’s quite a bit to be lost. You can lose your ability to ever get back across to the other side. It makes more sense not to blow up the bridge in the first place. Instead work on patching up the damaged bridge you already have.QuestionsHave you ever burned a bridge behind you?Have you ever had the experience of needing that bridge later?How do you rebuild the bridges that you’ve burned down?How can you end relationships in a healthier way? A way that preserves the bridge, should you ever want it.last_img read more

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Countdown begins for NDA exit: Nath

first_imgMadhya Pradesh Chief Minister Kamal Nath on Monday said the countdown to the defeat of the NDA government at the Centre has begun with the announcement of the Lok Sabha poll schedule. The Election Commission Sunday announced in Delhi that Lok Sabha polls will be held in seven phases in the country, beginning April 11. “With the announcement of national elections, the countdown for the (PM) Modi government has started. I have faith that the voters would send a message by their ballots that they are not fools and won’t be taken for a ride again,” he said here. Asked about some State BJP leaders claiming that his government would “collapse automatically” after the NDA retains power in the 2019 general polls, Mr. Nath said, “I can’t stop them from dreaming.”last_img read more

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10 months agoLiverpool boss Klopp: Home cheer for Leicester a shock!

first_imgLiverpool boss Klopp: Home cheer for Leicester a shock!by Paul Vegas10 months agoSend to a friendShare the loveLiverpool boss Jurgen Klopp admits home fans celebrating Manchester City’s defeat to Leicester City took him by surprise.Klopp joked that he thought that the Anfield fans’ wild reactions to Leicester City’s goal against Manchester City were for his Liverpool side’s win over Newcastle United.He said, “No, I thought it was because of us! I’m really naive, I thought that is really nice, thank you very much!”Then now I heard after the game it was about another result!“Obviously nobody told our crowd that Tottenham won 5-0.”It is fine, atmosphere for Boxing Day, people coming from all over, around the world to watch, the atmosphere was really good and exceptional in that moment. But I thought it was because of us.” About the authorPaul VegasShare the loveHave your saylast_img read more

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10 months agoVan Dijk: Liverpool will ask me about De Ligt if we want him

first_imgVan Dijk: Liverpool will ask me about De Ligt if we want himby Paul Vegas10 months agoSend to a friendShare the loveLiverpool defender Virgil van Dijk admits there’s little talk about Matthijs de Ligt.The Ajax stopper is expected to leave for a major European power, though Van Dijk says there’s been little talk of his Holland teammate at Melwood.He told AD: “It does not work like that. A big club like Liverpool has so many scouts looking around, they will keep an eye on him. “If they want to know something, I’ll hear about it.”Asked how much he would pay for De Ligt, Van Dijk laughed: “Well, less than that for me, hahaha. But Ajax is in a luxurious position. We will see.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

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Ezekiel Elliott Just Trashed Jim Harbaugh On The Paul Finebaum Show

first_imgEzekiel elliott talks about Jim Harbaugh on the Paul Finebaum show.Jim Harbaugh was only Michigan’s head coach for one of the program’s three rivalry contests against Ohio State during Ezekiel Elliott’s tenure, but he seems to have made quite an impression on the star running back. Friday, Elliott, who is going through the ESPN car wash today, trashed Harbaugh, telling Paul Finebaum that he’s “tired” of hearing about him. Elliott also called out Harbaugh for talking smack when he hasn’t won a rivalry game. Yikes.“I’m tired of hearing about Coach Harbaugh he needs to get in check with reality” – @EzekielElliott pic.twitter.com/QHElXCl7QV— Paul Finebaum (@finebaum) April 15, 2016more from @EzekielElliott: “you can’t talk smack about a rivalry when you haven’t won a game. You have to win ballgames to talk behind it.”— Paul Finebaum (@finebaum) April 15, 2016Here’s @EzekielElliott‘s full quote about Jim Harbaugh on @finebaum pic.twitter.com/FkeSmMrqZa— John Hayes (@johnP_hayes) April 15, 2016This isn’t exactly a surprise – Elliott has made a living off of trolling Michigan the past few years. But it’s still hilarious, and reminds us that there is no better college football rivalry than Ohio State vs. Michigan.last_img read more

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Ohio state mens golf tries to rebound from disappointing Big Ten tournament

When it comes to the Ohio State men’s golf team readying themselves for post-season play, previous experience has proven that preparation isn’t everything. The NCAA selection committee announced May 7 that the team has earned a spot in this year’s NCAA Men’s Golf Regional held in Ann Arbor, Mich. The Buckeyes are coming off a disappointing ninth-place finish at the Big Ten Championship in Indiana, but coach Donnie Darr said the scores posted were no indication of how his team played. “We really weren’t that far off from playing well,” Darr said. “You can’t just walk away and say we played terrible because we actually played really well, we just didn’t finish our rounds off.” Darr said it is important to maintain similar preparation, but the team must limit their mistakes. “I think we prepare the right way every week,” Darr said. “Our guys work hard and play hard, but we just have to stay away from a big number.” And although this year’s selection to the regional tournament marks the second straight under Darr, none of his players have ever played on the University of Michigan Golf Course. “It’s the same design as our course,” Darr said. “But there are significant differences.” Players said they are expecting shorter yardages into the green, thicker rough and narrow openings throughout the course. And Big Ten Freshman of the Year Grant Weaver said he welcomes the challenge. “It’s just about learning from your mistakes,” he said. “You have to pick out what you did good and what you did bad and improve. We’re just trying to put everything together.” Weaver said the team has tackled those mistakes by playing at various local golf courses that will resemble the course in Michigan. And the Buckeyes hope to follow the lead of seniors Alex Redfield and Dan Charen, who could be hitting the links for the last time as collegiate players. But Redfield said he isn’t worried about that. “All I’m worried about is our team finishing in the top five,” he said. “That’s my only concern.” The team will need a top-five finish to advance to the next round of competition. Redfield said he is confident the team has the skills to advance to the national competition and he is excited to make one more run as a collegiate player. “I think we’re going to play well and advance,” he said. “And even if it is my last tournament, I’ve had a great career and I get to go out there and compete with my team and my friends, and I couldn’t ask for anything better.” The Buckeyes advanced out of the regional tournament in San Diego last year, reaching the match play round before falling to top-ranked and host Oklahoma State. OSU is set to compete against 12 other teams in the tournament May 17-19. Purdue is the only other Big Ten school competing in the Buckeyes’ region. read more

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Ohio State womens soccer splits weekend matchups

OSU sophomore forward Lindsay Agnew (20) throws the ball into play Oct. 24 in a match against Iowa at Jesse Owens Memorial Stadium. OSU lost, 2-1. Credit: Regina Bonfiglio / Lantern photographerWhile trying to keep its hopes of making the Big Ten Tournament alive, the Ohio State women’s soccer team fell to Iowa, but bounced back against Nebraska.The Buckeyes (6-9-3, 3-6-3) and Cornhuskers (7-9-2, 3-7-2) played to a scoreless first half on Sunday before OSU broke through with three goals in the second.Before the barrage of goals, OSU entered halftime with a 4-1 lead in shots and 2-1 lead in shots on goal. Coach Lori Walker said the team contained the Cornhuskers’ offense through teamwork.“Everything for us recently has just been about taking care of ourselves and not giving away opportunities for other teams to capitalize on,” Walker said. “You do that by playing together and playing as a united group.”Things picked up in the second half when Nebraska senior forward Mayme Conroy scored the first goal of the game off an assist from junior defender Jaylyn Odermann to give Nebraska a 1-0 lead in the 57th minute.The Buckeyes responded in the 76th minute when a cross from sophomore forward Nichelle Prince allowed freshman forward Sammy Edwards to tie the game.OSU went ahead in the 87th minute after freshman midfielder Nikki Walts nailed a 22-yard shot. The Buckeyes cemented the victory after Prince finished a breakaway into an empty net in the 90th minute to give OSU the 3-1 win.The Buckeyes outshot Nebraska, 25-7, in the game.Senior midfielder Ellyn Gruber said the Cornhuskers’ style of play was a challenge but OSU was able to match it.“They were very physical and very aggressive,” Gruber said. “I think we handled that aggression very well and played physical right back.”Walker praised the team’s ability to respond after giving up a goal in the second half. “If anyone has had the best training in adversity this season, it’s been our squad,” Walker said. “We got down and were able to pick ourselves back up.” The win was the first for the Buckeyes since defeating Northwestern on Sept. 28. OSU had gone 0-3-3 since that game. Prince said getting the win felt like the culmination of the stretch.  “We’ve been on a very long journey,” Prince said. “We’ve been working really hard and it’s been hard to get results, but we’ve pushed through and haven’t given up yet.”It was a different story when the Buckeyes played Iowa on Friday. The Hawkeyes took the early lead after senior forward Cloe Lacasse put a header in the back of the OSU net in the fifth minute. The rest of the first half remained quiet as the Hawkeyes took a 1-0 lead into halftime. Iowa scored again, as a free kick from senior defender Melanie Pickert doubled the lead in the 80th minute. OSU got on the board in the 86th minute after Prince converted off an assist from sophomore forward Taylor Schissler. The Buckeyes weren’t able to tie it up, giving Iowa the 2-1 win.The Buckeyes are scheduled to play their final game of the regular season against Rutgers on Friday at 7 p.m. at Jesse Owens Memorial Stadium. read more

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Baseball Noah West out for season with knee injury

Ohio State junior Noah West (8) runs towards third base as he scores the first run of the game against the Lipscomb Bison on March 15, 2019 at Bill Davis Stadium. Credit: Sal Marandino | For The LanternOhio State junior shortstop Noah West will be sidelined with a season-ending knee injury, head coach Greg Beals announced Thursday. West had been a late scratch from Tuesday’s lineup against Northern Kentucky.“He is going to have surgery next week, and we’ve got to adjust our infield defense accordingly,” Beals said. The adjustment, according to Beals, will be to move freshman third baseman Zach Dezenzo over to shortstop, which is where he played Thursday. This will open up the door for freshman infielder Nick Erwin and freshman infielder Marcus Ernst to receive playing time at third base. West was hitting .284 on the season with 9 RBIs. read more

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Libraries computerised thanks to Hospitals Donation

first_img Electricity Cost of Service Study among the big agenda items at September 11 Cabinet meeting #MagneticMediaNews The Luxury of Grace Bay in Down Town Provo Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, February 9, 2017 – Libraries in the country which were without computers will see that changed thanks to a generous and modern donation by the TCI Hospitals this morning.Education Minister, Josephine Connolly with the Cecil Graham, Chief Librarian for the country were overjoyed at the gift of eight new computers which will add to the compliment already in Grand Turk and Provo and the HP desktops will give three other libraries what they do not have: computers.   “I’m happy that organizations like yours see it fit to step up to the plate, to help our children achieve their goals, and I can assure you also that they will look after these computers.”“With these available now the children are able to do their research because not all the time we are able to have the books, so they need to go on the internet.” – Cecil Graham, Chief LibrarianDaniel Carriere, CEO of TCI Hospitals says this is a gift from InterHealth Canada Corporate and that it is all about adding to the quality of life and ease for a good education.   “This is a small component of what InterHealth tries to do every year in terms of returning money and also our attention back to the community.”Detorrie Tennant, the Information Systems Manager at the Hospitals said the machines are not only new and state of the art, but they are earth friendly.   “Green, in that it has a very small power supply which burns not much electricity, and the screen which is the  most obvious thing is 21.5 inches, its very sharp.”Grand Turk and Provo libraries will each get one computer; two new computers will go to South Caicos, two to the library in Bottle Creek, North Caicos and two computers are earmarked for Kew, also in North Caicos.   The handover happened this morning at the Cheshire Hall Medical Centre. Recommended for youcenter_img Related Items:#magneticmedianews ALERT # 2 ON POTENTIAL TROPICAL CYCLONE NINE ISSUED BY THE BAHAMAS DEPARTMENT OF METEOROLOGY THURSDAY 12TH SEPTEMBER, 2019 AT 9 PM EDT Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

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