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haydenillh

Boy, I Wonder Why College Is So Expensive

Giskard Reventlov | 02-09-13 | 11:19 Artwido | 02-09-13 | 11:19 Ach waarom denk ik dat het voor het grootste gedeelte bang makerij is. Eerst hadden we de koude oorlog om het gepeupel onder de duim te houden , toen dat in 1989 wegviel kwam er ineens het hele klimaat gezeik om de hoek kijken wat ook weer vreselijk meevalt en eigenlijk gewoon natuurlijk schijnt te zijn. Dus nu is het de "schulden crisis" die gebruikt wordt om het klootjesvolk onder de duim te houden. Ik wordt zo langzaam aan doodziek van all het opgeklopte doom denken wat aan het einde van de rit niet meer is dan een scheet in een glas water. Corwin02 | 02-09-13 | 11:21 Dok in orde, ja. Laten voor het gemak maar even de stijgende lijn vergeten die net zo stijl is als in de tweede wereldoorlog. Merkava | 02-09-13 | 11:21 Deze zal je waarschijnlijk ook vaak hebben gehoord. Maar het is inderdaad "jouW". "can't win the argument, correct the grammar" Fray | 02-09-13 | 11:23 jojojo22 | 02-09-13 | 11:02 | toen waren de meesten zelfvoorzienend, wat niet meetelt in het BBP. Het BBP was zeer laag, en als percentage van de staatsschuld dus hoog (maar de leefomstandigheden onvergelijkbaar, daar faalt deze grafiek ). Kaosu | 02-09-13 | 11:25 Nietvoordekat | 02-09-13 | 10:49 | + 2 - Hij heeft gewoon gelijk. Dit artikel laat het lijken of we een lage staatsschuld hebben door het in percentages uit te drukken. Absoluut gezien is de staatsschuld van 642 miljoen (1900) naar 436 170 miljoen(2012) gegaan. Oftewel de staatsschuld ligt nu 700 keer hoger. Bron = wiki staatsschuld nederland. mister niet http://pentyhos.livejournal.com/5815.html scherp | 02-09-13 | 11:26 wat staat er op de y-as dan? aantal koeien? Benno | 02-09-13 | 11:28 Deze crisis gaat niet meer voorbij. Simpelweg omdat we geen afzetmarkten meer hebben. Wen er maar aan oorstok | 02-09-13 | 11:28 Hmmm nu ben ik verre van een macro econoom, maar zijn beide dalingen niet bewerkstelligd door 1) de industriele revolutie 2) Marshall hulp na WOII? Ik weet niet of we daar op willen gokken. Carpa | 02-09-13 | 11:29 @jojojo22 | 02-09-13 | 11:02 Willem I had nogal een gat in z'n hand. Financieel was Nederland een complete puinhoop. De prive-uitgaven en staatsuitgaven liepen compleet door elkaar en niemand wist eigenlijk hoe de financiele toestand van de Nederlandse staat was. Pas na zijn overlijden kon de balans opgemaakt worden. De tsaar van Rusland heeft nog een deel van de schilderijen van de Oranjes overgenomen om de schuld wat te vereffenen. Deze zijn nu te bewonderen in de Hermitage te Sint Petersburg. steven paul | 02-09-13 | 11:31 Het dipje van Zalm. Wel geinig. * | 02-09-13 | 11:32 @benno | 02-09-13 | 11:28 | Staatsschuld wordt gerelateerd aan het BNP, dus die getallen delen door 100 of als percentage lezen. Op de X-as moet je verjaardag van jezus gristus erbij zetten, dat zijn dus geen schapen. Giskard Reventlov | 02-09-13 | 11:32 Alleen zat er 'vroegah' nogal wat rek in de economische groei. Die rek is er nu toch wel een beetje uit, althans daar lijkt het toch sterk op. Gielgb | 02-09-13 | 11:34 Wat ook meteen opvalt is dat sinds bezuinigingsvoorman Lubbers in '82 (en daarna alle volgende kabinetten) het woord miljardenbezuinigingen in de mond nam, de staatschuld ieder jaar groter en groter werd. Rara? Conan de Rabarber | 02-09-13 | 11:34 wat zeker zo interessant is, is de greep van de overheid op de economie en de vrijheden die er bestaan in bestedingen. . nu al komt de overheid een bedrag van een miljard of twintig tekort op de rijksbegroting. . loopt de rente op de staatsschuld op van twee naar vier procent - historisch helemaal nog niet zo gek - dan stijgt het overheidstekort met nog eens 9 miljard. en stelselmatig dertig milard meer uitgeven dan er binnenkomt is wel heel erg speculeren over verdienvermogen in de toekomst. . - dertig miljard is de hele nederlandse onderwijsbegroting - dertig miljard is 5 keer de defensiebegroting - derit miljard is een bedrag ter grootte van 60% van de opbrengst van de inkomstenbelastingen in nederland. . ftm: "wiens brood met eet, wiens woord men spreekt" zeiden we vroeger. en zo is het ook.

At Oola, the financial goal is financial freedom, and freedom is realized as the burden of debt leaves. I came upon this story on my daily blog readings by Mary R. and felt obligated to share it with you all... Around the time my husband Larry and I had been married for more than 30 years, we finally faced the reality of our financial situation: We owed $88,557 in credit card debt. We had been living from paycheck to paycheck because my husband was switching careers and had been looking for work for about a year. Even though I was working, we had to use our savings to cover our living expenses, and eventually relied on credit cards to make ends meet. We even had to take out a payday advance loan once or twice. We weren't behind on any payments and we weren't thinking about bankruptcy or anything like that. But we were tired of living hand-to-mouth. The debt just kind of crept up on us. We'd always used credit cards, but using them more for that year sent the balances up high. My husband was doing the budgeting and bill paying the best he could, and I really wasn't engaged in the process for a long time. I don't blame him at all for the situation, though, because I should have been more responsible about our money and looked into what was going on. The Split It wasn't any one thing that sent us to get help, it was just that we didn't want to live from paycheck to paycheck anymore and we could tell we would never pay off our debt by making the minimum payments. We went to ClearPoint Credit Counseling Solutions, a nonprofit credit counselor, for help. Some of the debt was in my name, some in his, and some in both of ours. They negotiated with our creditors for lower interest rates and set up our debt management plan. But then it got more complicated because we separated. It wasn't the debt that caused our marriage problem; it was that we weren't communicating with each other. We lost our house to foreclosure during this time because once we separated, neither one of us could afford the house payments. However, we both were really committed to the debt management plan, so we set up a system where I deposited my part of the payment into his account and the funds were transferred to the debt management fund. Our payment was around $2,800 a month. The Sacrifices Thankfully, we were both employed by the time the debt management plan started in 2009. As soon as we got on the plan, our payments were lower than they had been, so that helped. But we knew we had to make changes because we had mismanaged our money for a long time. The biggest thing was that we downsized -- a lot. I moved into an apartment that was half the price of the first one I found, and Larry moved into a small place, too. We sold a lot of furniture when we split up, and I got rid of my car and drove a car my mom sold to me instead. I made interest-free payments to her. I got rid of cable TV and just learned how to live within a budget. While we were separated, I took Dave Ramsey's Financial Peace class and that was another positive life change. I learned to manage my own budget carefully while we were separated, figured out which bills to pay with each paycheck and how much I had to live on after making the debt management payment. Reconciliation We were separated for about 20 months and then we reconciled. My husband went to Dave Ramsey's class with me, and together we learned to be intentional about our finances. Recombining our households also made it easier for us to find money to pay down what we owed. We finished paying off all our debt in May and now all of the money we used to spend on the debt management plan goes into our savings and retirement accounts. We've been living only on cash and an ATM card from our bank since 2009 and we never intend to use a credit card again. (We don't want one at all because we don't ever want to be tempted to use it and accumulate debt again.) Building a New Future -- Together Best of all, we were able to buy five acres of land with our grown kids. They live in a house on the property and we're slowly building a home for us on the land, too. When it's ready, we'll sell the mobile home we're living in now. It's like a dream come true. I can't say it was easy, but four years came and went and we survived it -- paid off our debts -- and it was well worth the effort.

That wasn't the climbing wall. No, the climbing wall was a ways down the hall. Staffed with a couple of chipper young undergrads, the climbing wall loomed above me as I peeked in. Or really, peaked up, all 55 vertical feet of climbing surface, complete with rope harnesses and pulley system. It loomed above me. Not enough? Hey, there's more. Need a separate spinning studio? Got one. Need an array of punching bags and other equipment for the "Combative Sports"? Got 'em. Special spaces for aerobics and dance? Naturally. Hey, even the fencing club gets a room "striped with fencing pistes." It's all here. Sadly, you can't run indoors on turf. In that building! Sorry, I didn't mean you couldn't run on indoor turf at Purdue. (What do you take us for, plebes?) I just meant you can't do it at CoRec. You have to go next door for that. Of course, in these enlightened times, just working out is a small part of fitness or, sorry, wellness. So if you need to relax and cool down, why not take advantage of some of the other facilities, like one of three saunas? Or schedule a massage? (In completely unrelated news, I have been having a hard time with my student's sense of entitlement and self-definition as customers.) Or hey, why not check out some cooking lessons in the demonstration kitchen? (Yes. A demonstration kitchen . Yes.) Or perhaps what you need is a dip in the pool. S Sorry, not the pool. One of the pools. The pool in the CoRec isn't the only pool; what kind of cow college do you think this is? The Boilermaker Aquatics Center, located on the other side of the CoRec, holds the competition pool, diving boards, heated diving well, its own locker rooms, etc. No, I'm talking about the CoRec's pool. The fabulous wrap-around pool that is overlooked by the atrium, one described in as having "three lap lanes, 26 person spa, vortex, two water basketball goals, water volleyball and much more." That spa has heated water and a Jacuzzi function. And, yes, you read correctly above: the pool has a vortex area, a feature that creates a downward suction that you can swim against for fitness. I plan to, in the Vortex Challenge class! I can't wait, actually. Because of course there are an endless number of classes, yoga and Zumba and Pilates and boot camps and kickboxing and Blast This and Power That and as many kinds of organized fitness activity one can imagine, all staffed with bright, smiling teachers. These classes are not to be confused with Club Sports, which are not to be confused with Intramural Sports, which are not to be confused with varsity, NCAA sports, which of course have many of their own facilities, such as the 15,000-person basketball arena or 60,000-person football stadium. When you're done, you can relax in the beautiful atrium, equipped with WiFi (natch) and charging stations and yet-more TVs. You can buy yourself an overpriced smoothie from the Freshens refreshment station! Consider using the towel or locker service, and remember you can rent or buy a whole variety of equipment for your fitness needs. Of course, it's not all cheery news in the land of Purdue's physical infrastructure. Take Heavilon Hall, which houses the departments of English and Linguistics and Audiology and Phonology, as well as the Purdue Indigenous and Endangered Languages Lab and the James Berlin archive and many other collections and facilities, and hosts thousands of students as they take one of our several hundred sections of Introductory Composition, our most widely-taken course, as well as hundreds of others. I'm afraid the building is old and dilapidated and crumbling, rife with asbestos, and generally in a state of disrepair. It's a core academic building, where students are taught to express themselves in writing and how to orient their texts to suit their communicative needs, skills necessary for literally any academic fields. But I'm afraid that doesn't really rate. There's talk of it finally being replaced. I hope they're right. After all, a new building would do what university buildings are supposed to do: house student learning and scholarly research.

Not all federal student loans have a grace period. Note that for most loans, interest will accrue during your grace period . Direct Subsidized Loans, Direct Unsubsidized Loans,Subsidized Federal Stafford Loans, and Unsubsidized Federal Stafford Loans have a six-month grace period before payments are due. PLUS loans have no grace period. They enter repayment once they are fully disbursed but may be eligible for a deferment , check with the school where you received your loan. Can my grace period change? Circumstances that may change your grace period include the following: Active duty militaryIf you are called to active military duty for more than 30 days before the end of your grace period, you will receive the full six-month grace period when you return from active duty. Returning to school before the end of your loans grace periodIf you reenroll in school at least half-time before the end of your grace period, you will receive the full six-month grace period when you stop attending school or drop below half-time enrollment (other conditions apply). Loan consolidationIf you consolidate your loans during your grace period, you will give up the remainder of your grace period and begin repayment after your Direct Consolidation Loan is disbursed (paid out). Your first bill will be due approximately two months after the Direct Consolidation Loan is disbursed. How much will I need to pay? Your bill will tell you how much to pay. Your payment (usually made monthly) depends on the type of loan you received, how much money you borrowed, the Top How do I make my payments? The U.S. Department of Education (ED) uses several loan servicers to handle the billing and other services on loans for the William D. Ford Federal Direct Loan (Direct Loan) Program and for loans that were made under the Federal Family Education Loan (FFEL) Program and that ED later purchased. Youll tell your loan servicer which repayment plan youd like to choose. Which Organizations Handle Which Loans Type of Loan Whom to Pay Direct Loans and FFEL loans owned by ED You will make your payments to your loan servicer. Your loan servicer will provide you with information about your repayment terms and your repayment start date. FFEL loans not owned by ED You will make your payments to your lender, the organization that made the loan initially. The lender could be a bank, credit union, or other lending institution. Your lender will provide you with information about your repayment terms and your repayment start date. Federal Perkins Loans Your loan servicer will most likely be the school you were attending when you received the loan, but in some cases, the school will have a separate organization handle the billing and other services for your Perkins Loan. Contact the school about making Perkins Loan payments. There are several ways you can make your payments. If you want to make electronic payments, you can do the following: Receive your student loan statement electronically. Make your student loan payment through electronic debiting. Schedule a recurring electronic debit to pay your bill. You can enroll in electronic debit in several ways, depending on which type of loan you are repaying. Contact the organization that services your loan for information. If you want to make payments by postal mail, you should mail your payments directly to your loan servicer. If you would like to check loan servicer information, interest rate, or other financial aid history , youll find this information on the National Student Loan Data System (NSLDS). You will need your Federal Student Aid PIN to access the system. To discuss repayment plan options or change your repayment plan, contact your loan servicer. First, though, you can use our Repayment Estimator to get an early look at which plans you may be eligible for and see estimates for how much you would pay monthly and overall. Youll need to sign in with your Federal Student Aid PIN because the estimates will be based on your loan information in the NSLDS. Can I pay more than my required monthly payment? You can make payments before they are due or pay more than the amount due each month. Contact your loan servicer to make sure the money is applied to your principal balance. Interest is charged on this amount. Paying a little extra each month can reduce the interest you pay and reduce your total cost of your loan over time. Top What should I do if Im having trouble making my loan payment? Contact your loan servicer as soon as possible. You may be able to change your repayment plan to one that will allow you to have a longer repayment period or to one that is based on your income. Also ask your loan servicer about your options for a deferment or forbearance or loan consolidation . Top What happens if I don't make my student loan payment? If you dont make your student loan payment or make your payment late, your loan may eventually go into default . If you default on your student loan, that status will be reported to credit bureaus, and your credit rating and future borrowing ability will be damaged. In addition, legal action can be taken to require payment through garnishment of wages and withholding of tax refunds. Top Can I cancel my loan?

This happens in very different ways. The Chinese government lends billions of dollars to the US, and other governments, through buying their bonds. Whereas in Germany, banks have previously lent money to banks in countries such as Spain, Greece and Ireland, fuelling booms, and now busts. Government Payments on Foreign Debt (% of revenue) This map shows how much governments are spending every year on foreign debt payments, as a proportion of their revenue. Payments include both interest and repayment of the original loan. It shows a real burden a government is experiencing from debt. Some governments, such as Zimbabwe, have high debt, but are in default on much of the debt, so not making many payments. Many impoverished countries have seen their debt payments fall in recent years, particularly those which qualified for debt relief [link]. But some, such as the Philippines, El Salvador, Jamaica and Sri Lanka still spend more on foreign debt payments than they are able to spend on services such as education and healthcare. Moreover, following the global financial crisis, government foreign debt burdens are rising again [link to State of Debt]. European crisis countries such as Greece and Portugal also have similar levels of debt payment burdens. Often these debt payments are paid by taking out new loans, or rolling over the debt. For impoverished countries this has tended to mean taking new loans from the IMF and World Bank, but to do so means they face the imposition of economic policies set by these two institutions. Meanwhile, for richer countries it means continually taking out new loans from private lenders. A crisis arrives when the lenders decide to stop issuing new loans. Government Foreign Debt (% of GDP) This is the total foreign debt owed by a government, not taking into account any debts owed to it. This is an often-used figure for impoverished countries because so much of the Third World debt crisis arose because governments owed so much money in foreign currency that they were unable to pay. This shows foreign debt can be much more dangerous than domestic debt, which a government can inflate away or even change the terms of the loan contract on. And payments on external debt leave the country, whilst domestic debt payments stay in the economy, to be spent elsewhere, some of which return to the government through tax. For example, the Japanese government has the highest debt in the world, 235 per cent of national income. That is 70 percentage points more than Greece, and more than double the UKs. But over 90 per cent of Japanese government debt is owed to Japanese people. This means the Japanese debt transfers money from taxpayers to savers - that might be an internal problem - but it doesnt cause Japan a debt problem with the rest of the world. Private Foreign Debt (% of GDP) Less talked about than government debt are the debt owed by private companies such as banks. Reckless lending and borrowing by banks can cause booms in assets such as house prices, increasing inequality, followed by busts resulting in unemployment and higher government debt. This map shows the total foreign debt owed by a countrys private sector, not taking into account the debt owed to it. Many countries, particularly more impoverished ones, do not monitor these debts at all, and no figures exist for them. Money can flood in and out of the country at will, potentially fuelling tax avoidance, corruption and financial instability. The total foreign debt owed by the private sector can dwarf that of governments, for example in Spain, Ireland, Iceland and the UK. Though the UK ranks 98th most indebted country in the world in the net debt league, its private sector debt is a massive 364 per cent of GDP, putting it fourth on that measure. This means the UK economy is in desperate need of reform - but not of the sort of austerity policies currently being imposed. To some extent these debts can be matched by debts owed to banks and others from abroad. But even if this is the case, the total amount of money owed makes a country highly vulnerable to financial instability. For example, if a foreign bank is no longer able to pay a British bank its debts, what once were assets are wiped out, and the British bank is in trouble. Private sector borrowing led to the East Asian financial crisis in the 1990s, which crashed economies and pushed people out of work and into poverty. In Thailand, poverty increased by 40 per cent [link to case study]. And at the start of the global financial crisis, countries such as Spain, Ireland, the UK, Iceland and Spain had far bigger private than public debts. Therefore, much more attention needs to be given to private debt. Many debt crises are private debt crisis. But presumably on the basis that the private sector knows best too little attention is paid to this. IMF and World Bank debt cancellation This map shows the countries which have qualified for the IMF and World Bank debt relief scheme, known as HIPC. In response to the global jubilee movement calls for debt cancellation and repudiation, western countries, through the IMF and World Bank, created a debt relief scheme known as the Heavily Indebted Poor Countries (HIPC) initiative. To be eligible for the scheme countries had to be very heavily indebted and very impoverished (with an annual income per person of less than 700). On entering the scheme, to qualify for debt relief, governments had to follow IMF and World Bank economic conditions, including water privatisation, selling off grain reserves, removing subsidies for farmers, and cutting public spending. When the scheme was first launched in 1996 it simply reduced debts which could never be paid, but maintained debts at a high level. The few countries which qualified were soon back in debt crisis. The amount of debt relief was expanded, until in 2005 qualifying countries began to get most of their debts owed to the IMF, World Bank and Western governments cancelled. However, this was not cancellation of all their debt as debts to private companies were not included, and neither were new loans. Taking out loans from the IMF was a condition of the HIPC scheme, and much aid continues to be given as loans through institutions like the World Bank and African Development Bank. Countries have tended to take between 2 and 10 years to qualify for debt relief through the scheme, because of all the conditions they need to meet.

This paragraph must be included in any article re-posting to avoid copyright infringement.] Pelerin goes on to say in further edited, and in some cases paraphrased, excerpts: Apocalypse In One Picture James Quinnprovided the following graph. If a picture is worth a thousand words, this graph is worth millions. The route to economic demise is depicted below: The relationships in this graph are terrifying! Debt is shown relative to GDP. GDP growth has been one-third the growth in debt for the period. That is, the economy required $3 of debt to produce $1 more in real GDP. In recent years diminishing returns to debt required $6 of debt to increase GDP by a $1. Whatever the benefits of debt, they have clearly diminished, almost to zero. Debt expansion has gone exponential in order to salvage the weak growth in GDP. To put this into a perspective the average reader can understand, think of GDP as a households spending: The family depicted above has to borrow each year in order to maintain its spending level. Imagine the condition of your family if you borrowed 6 times the amount of incremental spending each year. Then imagine the condition of your family after40 years of continuously increasing your debt levels substantially in excess of your income. It is impossible for a family without a printing press and a cooperative Federal Reserve to engage in such behavior. The government is different, you say? Surely it is, but not necessarily in a meaningful financial manner. Just as you would not survive such behavior, governments cannot either. History is full of examples of government collapses resulting from excessive debt and overspending. A printing press only provides the luxury of more time before the failure. You may[be of the opinion] that a macro economy is different from a family, [that is, that] debt (parroting the political claim) makes an economy grow faster. The evidence shown[in the chart above, however,] does not support that claim. Government reported GDP growth rates are shrinking as the debt expansion accelerates. Since 1965 the growth rate of the economy has been declining. Even if you accept government GDP reporting, the chart[above] shows a trend[that] points to an average declining standard of living. That point will be reached when the GDP growth falls below the population growth. The U.S. economy has been underperforming since the 1970s according to governments statistics. That is after all the games have been played with these numbers. How much longer can these trends continue and what happens at the end? No one can reasonably answer either of these questions. What Is Known And Not Known Two things are known: So long as borrowing increases faster than GDP, the ability to repay diminishes. That has been occurring for more than forty years and the differential growth rates have widened dramatically in recent years. Not borrowing at this pace would likely have decreased reported GDP dramatically. While that may have been a proper economic response, it is now politically impossible (or highly unlikely). Continuing to increase debt at a rate greater than GDP ensures financial collapse. Stopping or slowing down at this point likely leads to the same point. This country has maneuvered itself into a no-escape situation. Those in favor of more debt argue that a calamity would have occurred had the massive rise in debt, and its accompany stimulative effects, not happened. For the Paul Krugmans of the world, more debt and stimulus is always the answer. The rapidly increasing amounts of debt since 1965 have been accompanied by not rising but falling rates of growth. One may speculate what this growth would have been with different rates of debt expansion. Whether the rate of debt expansion increased or decreased the rate of real GDP is moot. Economists can use their competing paradigms to duel over this issue but cannot come to a conclusion that is acceptable to most. Mathematics, on the other hand, is more definitive. There are mathematical limits that control the ability to service debt. Once these limits have been breached, some amount of the debt will be defaulted on. The breach point is referred to as a debt death spiral. The U.S. has passed this mathematical point and is in a death spiral. The political class in America, either via misguided economic policies or a deliberate attempt to hide the true condition of the country, has put us here.

As major credit reporting agencies provide a copy of your credit score every year space them out so that you have an even chance of checking your credit score every four months that will ensure that you are not ignorant of your financial health. Having a mere look at your credit report is not going to take you anywhere. You need to be able to tell the facts from the myths that surround credit reporting suggests Brian Linnekens. People keep wondering why they are not qualifying for a debt with a low APR in spite of settling all previous debts where some problems persisted. Well the truth is that settled debts dont get dropped from your credit report. Late payments and bad debts are not dropped instantly from the credit report even though they have been settled amicably. The late payments and bad debts are there on the credit report for a good seven years. Even worse a bankruptcy mark will be there for ten years on your credit report. There are many who believe if they stop using the credit card their credit score will shoot up. This is not the case you may use cash for all your purchases but that is not going to make any difference to your credit score. Dont stop using credit instead use it responsibly. Making your payments on time will surely give you an advantage and you are sure to receive a benefit in your credit score if you start using your credit card more responsibly. Closing on a credit card can do more harm than good. Agencies involved with credit reporting need to see a low credit utilization which is the ratio between the credit you are using and the credit that is available. Thus closing a credit card will reduce this ratio as you are not decreasing the outstanding credit but you are closing on the available credit. Dont be afraid to make inquiries about your credit rating advises Brian Linnekens. It hardly affects your credit score if you are making soft inquiries for personal reasons. But if a bank or a financial institution is making an inquiry then there is a small effect on your credit score. The effect is small but it is measureable. Thus the best option is to make a soft inquiry if you are in a doubt about your credit score. A high income is does not affect your credit score. Since credit score is a measure of how you manage your credit thus income plays a negligible part in the credit scoring. However Brian Linnekens says that if you have a fat paycheck make sure you manage your credit in the best possible manner as it will surely help in a better credit scoring. Article Source - Brian Linnekens on the nuances of writing a letter todebtors Dispatching a letter to 1 of your debtors could be a challenge as you need to get your concept over without having displaying any kind of disrespect and giving just about all related info that is certainly essential for the consumer. Your correspondence is required to be constructed within a polite nevertheless authoritative way where borrower enjoys every piece of information obviously and youre simply in the position to make an urge on your consumer to produce her very own advance in time recommends Brian Linnekens that has been recently functioning within the Debt industry for the past few decades. Brian Linnekens has not merely been recently working together with consumers but additionally is still counseling lenders about a number of matters. As well as that, Brian in addition maintains private blogs wherever he offers advice to creditors as well as borrowers about the numerous areas of Managing debt. Managing debt could be very difficult with regard to organizations particularly whilst collecting back the money which has been financed out. Correspondence to individuals undoubtedly are a usual activity in almost any firm that is definitely active in the commercial collection agencies though the letters has to be expert while sending out a definite concept on the consumer in regards to the motives on the agency. One needs to start the particular letter with courtesy using an airy greeting that explains to the shopper the business truly understands the association of the customer with their business and is happy for his or her co-operation up to now. This should put the attendees comfortable just before they runs directly into the small print of the debt. Next, be sure to include the debt details on the actual letter inside big along with daring fonts in order that a customer with poor vision does not have a difficulty in studying the small print of the debt. The present installment ought to be pointed out combined with principal outstanding amount, the interest gathered as well as virtually any supplementary charges which can be presently there to the customers account. This should produce openness and confidence amid your clients that could significantly help in promoting an appropriate partnership together with your consumer. In the event the consumer has overlooked any payments bring it up clearly within the letter in addition to tell the purchaser how frequently you have sent reminders for the home owners which are dismissed. Dont forget to say the particular work deadlines of the fees that were overlooked and also the dates of the particular letters that have been sent as a reminder to the client. You should not flaunt your links or even power in the letter to discourage the purchaser while it have a damaging affect the client. Alternatively you can inform your client that you are moving his or her debt to a collection agency that specializes in amassing debt from erring clients. You must provide answers to your customer as a substitute for unnerving as well as instigating him. You can also split up the amount owed into smaller sized payments that the client is snug with to the specify time as well as amount which should be paid at specific dates. Allow a grace period for the consumer to really make the payment communication for that ought to be there to the notice. For more information about Brian Linnekens and Real Estate Please Visit : http://www.gidevelopmentinc.com/ Brian Linnekens making your credit reportsbetter Do you think youre puzzled currently as to why your credit rating will go lower or maybe the reasons why of the finance institutions have refused your current request intended for a loan? Chances are that your credit score has gone lower without you knowing. Mistakes as well as oversight coming from one or maybe many banking institutions is quite regular according to Brian Linnekens however these error that are insignificant towards financial institutions currently have significant effects for someone who may be attempting to get financing, loan for an automotive or perhaps home loan for his or her residence.

Meanwhile, in Cowdenbeath, the Douglas Garage site in Lochgelly and the derelict property on Cocklaw Street, Kelty, have been identified as needing attention. The report to the Levenmouth committee said: Tackling dilapidated properties is a significant undertaking, although the majority of the financial burden is the responsibility of private owners. There is no dedicated council budget for tackling issues of dilapidation. The opportunity to recharge costs to private owners would be pursued where relevant. A significant financial responsibility falls on property owners, but many are unable to raise finance in the current difficult financial climate to address the issues. In these circumstances, it may be appropriate to take enforcement action and/or to support owners to find means of securing the resources required or to consider selling the property. Dilapidated properties send out a message of neglect within neighbourhoods and communities. When these properties are in prominent locations that negatively affect neighbouring households, businesses or facilities the impact can be significant. The reasons behind dilapidation are wide-ranging. Wilful neglect is rare and more often owners lack the understanding, financial means or, in some cases of shared ownership, mechanism to care properly for their building. A number of initiatives have been launched to tackle the problem of run-down properties. These include a council-run vacant property grant scheme to help owners attract prospective tenants or help tenants make improvements. Back to top Advertorial: 33% more Scottish homeowners getting debt help today than in 2008 At Debt Advisory Centre Scotland, we've seen a 33% increase in the proportion of homeowners on our debt solutions in the past five years. In 2008, Scottish homeowners accounted for 21% of the people we were helping with one of our debt solutions, but today this figure has risen to 28%. There could be a number of reasons for this increase. To name one, when the financial crisis started in 2008, experts warned that too many homeowners had taken out mortgages that they couldn't really afford. We may be seeing the result of this today. Looking ahead, today's all-time-low interest rates are helping homeowners across the country - but once rates begin to rise again, many more of them could start to struggle. Debt problems are always a cause for concern, but this is especially true when you're at risk of losing your home. If you're in this position, it's important to look into all the different types of debt help that could help you tackle your debt problems and avoid losing your home. Trust Deed provider DACScotland.co.uk provides a range of different solutions to help people with all kinds of financial problems. If you're worried about your finances and not sure what to do next, it's important to contact an expert - and make sure you really understand the pros and cons - before you commit yourself to anything. Finance and Corporate Services Manager Angus Housing Association ANGUS HOUSING ASSOCIATION LIMITED FINANCE AND CORPORATE SERVICES MANAGER (EVH Grade SM 13 to 15 - 52,860 to 55,274 per annum plus Essential User Car Allowance) Angus Housing Association is a key provider of affordable housing to rent in Dundee and Angus. We have offices in Arbroath and Dundee from which we manage over 2,000 houses. We are seeking to recruit a highly motivated and skilled individual to finalise our Management Team. The person we are looking for should have a minimum of 10 years experience of working in Financial Management, of which 5 years should have been at a supervisory or management level. You should also possess high level computing skills, be an excellent verbal and written communicator and demonstrate a proven track record of effectively supporting and helping improve front line service delivery. You should preferably have some experience of working in the public or social housing sectors and you must hold a relevant Accountancy qualification. If you are interested in working for a forward looking organisation committed to providing first class services, call for an Application Form and an Information Pack. You can contact us by calling our Customer Service Team on 0845 177 2244, by emailing us at admin@aha.org.uk or by writing to us at Angus Housing Association Limited, 93 High Street, Arbroath, DD11 1DP. If you want to have an informal chat with us about this post before applying, you can also speak with our Director, Bruce Forbes, by phoning the above number. CLOSING DATE FOR APPLICATIONS IS FRIDAY 6th SEPTEMBER, 2013. Angus Housing Association Limited is committed to Equal Opportunities across the entire range of our activities. Back to top Tender: Internal Audit Service Viewpoint Viewpoint is seeking a suitably qualified and experienced auditor to provide an internal audit service from April 2014. Viewpoint is a Registered Social Landlord based in Edinburgh but also working in the Lothians and Fife. Viewpoint provides accommodation and services for older people in both housing and care homes. The tender return date is 12 noon on Friday 4 October 2013. To request a copy of the specification please contact Melissa Esquerre on 0131 668 4247 or by emailing admin@viewpoint.org.uk All tenders should be returned to Viewpoints Head Office, 4 South Oswald Road, Edinburgh EH9 2HG. (2) Staff Satisfaction Survey Waverley Housing is seeking to appoint consultants to carry out two contracts on its behalf, one for a Customer Satisfaction Survey, and the other for a Staff Satisfaction Survey. Waverley Housing is a Hawick based stock transfer RSL, with stock distributed throughout the Scottish Borders Council area, and we have 1,529 tenanted properties. We also provide a factoring service to an additional 440 private owners. We provide services to a wide range of client groups, including single people, families, older persons and private owners. Tenders are sought from consultants experienced in carrying out customer satisfaction surveys on behalf of Registered Social Landlords. It is an essential requirement that all proposals (and any subsequent work carried out) must comply with all relevant regulatory requirements, including but not limited to, compliance with the Scottish Social Housing Charter. In particular, the personal loans for bad credit standards set out in the Scottish Housing Regulator guidance 'Conducting surveys of tenants and service users a guide' (March 2013) must be met or exceeded at all times. A separate proposal is required for each contract.

The forces that are pushing liquidity lower will only get more severe. Borrowing Binge Thats especially concerning to investors following a borrowing binge spurred by the Federal Reserve , which has kept interest rates near zero since Lehman Brothers Holdings Inc. collapsed in 2008 and pumped more than $2.5 trillion into the financial system. Its currently buying $85 billion of bonds every month. The face value of securities in the Bank of America Merrill Lynch U.S. Broad Market Index has grown to $19.2 trillion, up 61 percent from $11.9 trillion at the end of 2008. Speculative-grade, dollar-denominated debt now exceeds $2 trillion, doubling the past seven years, according to Morgan Stanley. Bond investors, after enjoying annualized returns of 6.3 percent from the end of 2008 through last year, are now suffering as the Fed considers reducing its stimulus. Yields (USGG10YR) on 10-year Treasury notes, a benchmark for everything from company bonds to mortgages, jumped to 2.93 percent on Aug. 22, the highest level since July 2011. The yield was at 2.83 percent as of 7:44 a.m. in London , up 1.22 percentage points from this years low of 1.61 percent on May 1. The price of the benchmark 2.5 percent note due August 2023 dropped 13/32, or $4.06 per $1,000 face amount, to 97 1/8, Bloomberg Bond Trader prices show. Seeking Refuge Government bonds have retreated on the Feds plans, not because of inflation. The Commerce Departments price index tied to spending, a gauge tracked by Federal Reserve policy makers, increased 1.4 percent in July from the same period in 2012. Yields ended Aug. 30 at 2.79 percent, down 3 basis points on the week, or 0.03 percentage point, as the threat of a military conflict with Syria bolstered demand for government debt as a refuge. Corporate bonds yields in the U.S. rose to 4.18 percent on Aug. 30 from a record low of 3.35 percent on May 2, Bank of America Merrill Lynch indexes show. Borrowing costs rose even as companies grew more creditworthy. Earnings of Standard & Poors 500 companies surged to more than $100 per share last year from about $60 in 2008 and default rates hold below 3 percent. Pulling Cash Borrowing costs may rise even more. Treasury 10-year yields will jump to 3.2 percent by the end of next year, based on the median estimate of 51 economists and strategists surveyed by Bloomberg. In April, the forecast was for 2.8 percent. Investors are pulling unprecedented amounts of cash from bond mutual and exchange-traded funds after pouring $1.2 trillion into them in the three years after 2009, according to an Aug. 20 report from TrimTabs in Sausalito, California . The magnitude of the recent Treasury yield moves has surprised a lot of people, Yvette Klevan, a global fixed-income money manager at Lazard Asset Management, which oversees $172 billion worldwide, said in an interview at the firms New York office Aug. 20. What is different this time compared to other points in history is liquidity, and the fact that the sell-side dealers have less appetite to use their balance sheets to facilitate trading, she said. At an average of $313 billion this year, the amount of Treasuries traded through London-based ICAP, the worlds largest interdealer broker, is little changed from the $301.4 billion in 2007. In that time, the amount of marketable Treasuries outstanding has grown to $11.5 trillion from $4.34 trillion. Thin Markets The 21 primary dealers authorized to trade with Fed have cut corporate-debt holdings 27 percent, to $14 billion on Aug. 21, from $18.7 billion on April 3. That follows a 76 percent reduction in inventories from the peak in 2007 through March, when the Fed changed the way it reported the data. Inventories equal less than 0.5 percent of company debt in the U.S., Fed and Bank of America Merrill Lynch index data show. Markets are very thin, said Lazards Klevan. We are now in an environment where technicals and pricing dislocations are being impacted by this liquidity situation. Thats a small price to pay for regulations necessary to protect markets, said Anat Admati , the George G. C. Parker Professor of Finance & Economics at Stanford University s business school in Stanford, California. We need to enable things to happen in the market at the right price, Admati said in an Aug. 27 telephone interview. When markets are a little bit less fragile, meaning everyone involved is not in as much risk of distress and insolvency, then they will be more useful, she said. Risk Assets Banks are setting aside more money to cover bad loans and cope with downturns to comply with rules aimed at preventing U.S. taxpayers from having to bail them out like during the credit crisis, when financial institutions globally suffered more than $2 trillion of credit losses and writedowns. Internationally, capital rules passed by the 27-country Basel Committee in 2010 require lenders reduce compensation pools for fixed-income, currencies and commodities groups by more than 20 percent, and cut risk-weighted assets by more than 25 percent, according to estimates by Sanford C. Bernstein & Co. Dealers, given all the regulatory rules, cant put as much capital out to hold bonds now, said Andrew Richman, director of fixed-income at SunTrust Banks private wealth management unit in West Palm Beach , Florida . All of this is affecting the pricing in the market, he said Aug. 2 in a telephone interview. Repo Cutbacks Banks have reduced 505,339 jobs since the end of 2008, according to data compiled by Bloomberg.

Cordova Recreational Sports Center , known as the "CoRec." This past Sunday, I went to check out the new gym. I am a man prone to hyperbole. So please believe me when I say that I don't exaggerate: I was literally agape for much of the time, as I explored the CoRec. I realized that the name CoRec was not going to cut it. This was no mere gym. This was a Gleaming Fitness Palace. Back in my younger, stupider days, I joined a fancy gym in Chicago. It was posh, with lots of young go-getter professional types piling in to do a little chiseling. Let me tell you: the CoRec puts that gym to shame. It makes that gym look like the old skanky weight room dungeon I used to go to at my local Y. Of course, go-getter professional types have money, and Bally's is a for-profit entity, and Purdue's primary population of 18-22 year olds do no have money, and neither does the State of Indiana or its meager allotment of funds for higher education. But these are details. The Cordova Recreational Sports Center is five stories and about 338,000 square feet not a misprint of Gleaming Fitness Palace. I don't say "gleaming" loosely. Like most new construction at American universities, the GFP is a beautiful melding of glass and steel, designed, no doubt, by some pricey architect. It really is lovely to look at. It looks like... money. Of course, you don't go to the gym to admire the architecture and interior design. You go to the gym to work out. And there is quite possibly nothing that you want to do, exercise wise, that you can't accomplish at the GFP. S There is, of course, row upon endless row of the latest fitness equipment, the cutting edge in treadmills and rowing machines and stair steppers and arc trainers and ellipticals and the like. I ran on the treadmill today and amused myself with the built-in television, which I suppose is there in case the dozens of hanging flatscreens don't suit your fancy. (There is an endless number of TVs in this building, even several in each of the three major locker rooms.) When I bored of that, I turned on the virtual personal trainer, a chipper digital lady who gave me encouragement and info about my simulated run up a mountain course, which was animated on the screen in front of me. When that proved tiresome, I played Solitaire. Not kidding. I didn't take advantage of the iPod connectivity or the built-in heart monitors or dozens of other features, but hey! It was nice knowing they were there. S And of course there's a vast collection of weights in every shape and size imaginable, barbells and dumbbells and kettle bells, presses and stations and cages galore, Smith machines and cable pulls and dip stations and chin up bars, absolutely everything you need to rhythmically grunt your way to a better body. It's not just that all this equipment exists. It's all the different places you can use them. There's the immense Colby fitness space (14 TVs!). There's the powerlifter's paradise in East Fitness. There's the Scifres Functional Fitness area be sure to check out the Endless Rope machine and stretching cage. There's the Fitness Loft, for people in the hurry, not to be confused with the Fitness Pavilion, for people looking for seclusion, not to be confused with the Fitness Mezzanine. If none of these suit your fancy, try Upper Fitness! Of course, there are plenty of personal trainers ready to make appointments to really amp up your workout. S Of course, machines and weights are but a small part of the total fitness world. You can play on one of our many, many indoor basketball courts; I think I counted 20 separate hoops, but I got pretty distracted while trying to count them all. Or you could play racquetball in one of the half dozen courts. Or volleyball, or badminton, in spaces designated for those purposes. Or indoor soccer. Or indoor hockey. Or you could run on not one but two separate indoor tracks! S Or how about the climbing wall, which I had heard about from my students? When I saw it, I thought, yeah, that is impressive. S Ah, but little did I know. That was merely the bouldering wall.

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