Blacks Buying from Blacks Matters!

Information

Blacks Buying from Blacks Matters!

Black buying power in the USA is now over 1.5 trillion dollars: The goal of this group is to manifest the Principles of Kwanzaa into an every day practice with Blacks buying products and services from other Blacks as a casual act instead of a forced, rare  or awkward practice. This will grow power, prestige and more money! Being Black should not be a reason to not buy.

Black profits matter!

Negative folks are invited to not be a part of this group. Spend your money and time in your beloved "mainstream!". This is about our DREAM!

Website: http://www.dablackage.blogspot.com
Location: Everywhere we roll!
Members: 27
Latest Activity: 3 minutes ago

Borrow $5,000, repay $42,000 - How super high-interest loans have boomed in California By ANDREW KHOURI and JAMES RUFUS KOREN JAN 19, 2018 JoAnn Hesson, sick with diabetes for years, was desperate. After medical bills for a leg amputation and kidney transplant wiped out most of her retirement nest egg, she found that her Social Security and small pension weren't enough to make ends meet. As the Marine Corps veteran waited for approval for a special pension from the Department of Veterans Affairs, she racked up debt with a series of increasingly pricey online loans. In May 2015, the Rancho Santa Margarita resident borrowed $5,125 from Anaheim lender LoanMe at the eye-popping annual interest rate of 116%. The following month, she borrowed $2,501 from Ohio firm Cash Central at an even higher APR: 183%. "I don't consider myself a dumb person," said Hesson, 68. "I knew the rates were high, but I did it out of desperation." Not long ago, personal loans of this size with sky-high interest rates were nearly unheard of in California. But over the last decade, they've exploded in popularity as struggling households - typically with poor credit scores - have found a new source of quick cash from an emerging class of online lenders. Unlike payday loans, which can carry even higher annual percentage rates but are capped in California at $300 and are designed to be paid off in a matter of weeks, installment loans are typically for several thousand dollars and structured to be repaid over a year or more. The end result is a loan that can cost many times the amount borrowed. Hesson's $5,125 loan was scheduled to be repaid over more than seven years, with $495 due monthly, for a total of $42,099.85 - that's nearly $37,000 in interest.

  
Borrow $5,000, repay $42,000 - How super high-interest loans have boomed in California
 
By ANDREW KHOURI and JAMES RUFUS KOREN
JAN 19, 2018
JoAnn Hesson, sick with diabetes for years, was desperate.
After medical bills for a leg amputation and kidney transplant wiped out most of her retirement nest egg, she found that her Social Security and small pension weren't enough to make ends meet.
As the Marine Corps veteran waited for approval for a special pension from the Department of Veterans Affairs, she racked up debt with a series of increasingly pricey online loans.

In May 2015, the Rancho Santa Margarita resident borrowed $5,125 from Anaheim lender LoanMe at the eye-popping annual interest rate of 116%. The following month, she borrowed $2,501 from Ohio firm Cash Central at an even higher APR: 183%.
"I don't consider myself a dumb person," said Hesson, 68. "I knew the rates were high, but I did it out of desperation."  Not long ago, personal loans of this size with sky-high interest rates were nearly unheard of in California. But over the last decade, they've exploded in popularity as struggling households - typically with poor credit scores - have found a new source of quick cash from an emerging class of online lenders.

 

Unlike payday loans, which can carry even higher annual percentage rates but are capped in California at $300 and are designed to be paid off in a matter of weeks, installment loans are typically for several thousand dollars and structured to be repaid over a year or more. The end result is a loan that can cost many times the amount borrowed.  Hesson's $5,125 loan was scheduled to be repaid over more than seven years, with $495 due monthly, for a total of $42,099.85 - that's nearly $37,000 in interest.

Discussion Forum

BLACK FRIDAY DEALS!

Started by Jarvis Sheffield - Admin Nov 27, 2015. 0 Replies

BLACK FRIDAY DEALS!…Continue

 

Members (27)

 
 
 

Badge

Loading…

IMPORTANT ALERTS

ALERT! ALERT! ALERT! 

IF YOU ARE HAVING TROUBLE CHANGING YOUR PROFILE  PICTURE, SWITCH TO EITHER CHROME BROWSWER OR FIREFOX. THERE IS A KNOWN ISSUE WITH INTERNET EXPLORER THAT CAUSES TROUBLE CHANGING PICTURES.


PLEASE DO NOT SIGN IN WITH FACEBOOK IF YOU ALREADY HAVE AN ACCOUNT. YOU WILL CREATE A DUPLICATE THAT WILL NOT HAVE YOUR INFO CONNECTED. THANKS

NO SPAMMING

Please do not greet everyone on the site with large images and/or announcements of your book or business. Yes, you want to tell the world, but learn the fine art of subtlety. We have lost numerous members because of the amount of 'friend' mail they instantly receive. This Hurts Everyone.

Also, DO NOT post the same information multiple times throughout the site. It will be deleted without notice.

 

Spam is unsolicited advertising, whether it is posted as comments on other members' pages or is emailed for marketing purposes.

 

Please be considerate. Post your advertisement in the proper Articles/Forum or Group. There are inexpensive marketing channels that reach every member for just $25 on the Advertising tab. You can post your information on your profile and even update your blog as often as you like.

 

We are not into censorship, so please don't make us ask you to leave. Be kind and unselfish - don't spam.

 

Your Account Will Be Deleted Without Warning For Spam.

 

Blog Posts

Life Imitating Art...

Posted by Reginald L. Goodwin on January 23, 2018 at 7:56am 0 Comments

Mars fission power system concept in the Kilopower project is shown in this undated NASA handout photo released on January 9, 2018. Courtesy NASA/Handout via REUTERS

Topics: Mars, NASA, Nuclear Power, Planetary Science, Space Exploration

...or vice-versa. This was alluded to in the novel and movie …
Continue

Nanosensors...

Posted by Reginald L. Goodwin on January 22, 2018 at 9:32pm 0 Comments

Semiconductor nanorods will help monitor neural activities in the future. Courtesy: Y Kuo and S Sasaki / University of California, Los Angeles

Topics: Biology, Modern Physics, Nanotechnology, Semiconductor Technology

Researchers in the US have developed nanosensors that…
Continue

Falling...

Posted by Reginald L. Goodwin on January 19, 2018 at 5:30am 0 Comments

Creativity-Onliine.com: Super Bowl Ad

Topics: Commentary, Existentialism, Politics

“We must live together as brothers or perish together as fools.” Reverend Dr. Martin…
Continue

It's been awhile!

Posted by G.H. Wright on January 18, 2018 at 9:53pm 0 Comments

He sat at his desk, woozy. He tried to move, his arms unresponsive. He searched for help, moving into the aisle in his swivel chair only to find all his coworkers had abandoned him. Was he being drugged? If so, it was the simplest scene he could imagine.Whoever was trying this was extremely stupid or extremely powerful. He'd find out soon enough.
(to be confinued)

Combing for Earths...

Posted by Reginald L. Goodwin on January 18, 2018 at 6:07am 0 Comments

An example of the spectrum from two laser frequency combs, with their evenly spaced emission lines. (Courtesy: ESO).

Topics: Astronomy, Astrophysics, Exoplanets, Optics, Space Exploration

A new type of laser frequency comb (LFC) has been developed by scientists in Europe. The prototype device could lead to improvements in…
Continue

BEC in the Blink of an Eye...

Posted by Reginald L. Goodwin on January 17, 2018 at 4:26am 0 Comments

Credit: NIST

Topics: Bose-Einstein Condensate, Modern Physics, Quantum Mechanics

It’s been more than two decades since Carl Wieman and Eric Cornell created the first Bose–Einstein condensate (BEC),…
Continue

The Digital Brothers Multimedia

The Digital Brothers
Our goal is to provide cost effective technological solutions for home, small and big business. After over 20 years of service working in this field, we decided to utilize our talents to develop and cultivate our own vision to benefit the community.
2D & 3D Animation
Graphic & Web Design
Photo & Video
Multimedia Development
Online & Print Marketing

Contact Us Today To Assist In Your Business Success
Website: www.TheDigitalBrothers.com
Email: info@thedigitalbrothers.com

SKYCITY TALKRADIO

THE UNDERGROUND BY ROXANNE BLAND

Life as alpha of a werewolf pack is anything but predictable. But even Parker Berenson is surprised by the latest twist: he’s fallen in love with a space alien. Problem is, he suspects Melera, his sexy new flame, might be the serial killer terrorizing Seattle. Or maybe she isn’t. After all, just because she’s an interstellar assassin doesn’t mean she’s guilty.

http://blackrosepress.com/

© 2018   Created by Jarvis Sheffield - Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service