Tag Archive | "debt"

Ireland Says May Need 15 Billion Euro Funding By End 2013!! Wtf?


Ireland says may need 15 billion euro funding by end 2013
Ireland may need up to 15 billion euros (13 billion pounds) in funding by the end of 2013, the head of the debt management agency said on Friday.
Asked if Ireland would need that much ahead of a bond repayment in early 2014, John Corrigan said that was “in the right ball park” but at the upper end of the range.
He said it was not possible to say when Ireland would return to longer-term debt markets.
“There is no box with a secret plan with a rate and a date, it has to be driven by market circumstances,” Corrigan told a parliamentary committee.
Corrigan said that the cut in Ireland’s interest rate from the European Union could save the country around 830 million euros in 2012 and 1.1 billion per year after that, but said the details had yet to be worked out.
The chief executive of Ireland’s National Asset Management Agency , Brendan McDonah, told the same meeting that he expected his agency to post a pre-impairment profit of at least 500 million euros.
(Reporting by Conor Humphries)
What about all them promises Enda Kenny?? I bet the Irish people will have to pay that back for decades to come.

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I Have A Good Job And Good Assets But Poor Credit. How Do I Get A Home Loan?


I defaulted on approximately $100K worth of debt in 2006 which has obviously affected my credit score. I now have a very good job with $150K in household income. Additionally, I have $16K in cash as well as $36K in a 401K. I’m very stable – have been with my current employer for 5 years a mid level manager.
The poor credit will ‘fall off’ my credit report in three years. I have an opportunity to purchase the home I am leasing for approximately $200K.
Are there any legitimate lenders that will lend to someone with good income, employment and assets but a poor credit score? FHA will not consider me due to the outstanding ‘debt’ associated with the charged off accounts from 2006. Yes, I did attempt to file for bankruptcy, but got taken by an unethical attorney. I’m not interested in credit repair scams to allegedly ‘improve my score’.
I know there must be others in my position with everything except for the credit aspect. Therefore, I’m guessing there must be an alternative market to fill that niche.
Am I correct or am I way off base?

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Why Do Parents Continue To Tell Their Kids To “go To College So You Can Get A Good Job”?


The supply of college degrees exceeds demand. Student loan debt is at an all time high. Students graduate 100k in debt with interest accruing – in most cases – for a degree that pays 30-40k per year if they can even get that. The cost of living is so high today these loans stay with them for life.
Nothing is taught in colleges about one of the most important things in life – making money. When the subject of entrepreneurship is taught, in most cases, it’s taught by college professor who has never started or run a business in the real world.
Trade school jobs and niche jobs are now almost totally overlooked. Why? These are the jobs with the highest demand. A helicopter pilot pays 80k per year – so why not go to helicopter pilot school? A deep sea diver pays 60k per year. Why not do that? What about a Yacht mechanic? That’s about 70k per year. Manufacturing plant inspector? The list goes on an on. These are all occupations you don’t need to shackle yourself to a lifetime of debt for.
Why follow the crowd? I don’t get it. Parents continue to parrot this outdated advise without a clue the world around them as drastically changed. Oh yes Mom and Dad. Tell your son or daughter to waste 4 years in college racking up 100k in debt to compete with 500 applicants with business degrees for a 40k per year job working for someone else – under their control – 50 hours per week and 4 months for free to pay taxes to the government?
And parents think this is security? I don’t get it.

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How Much Should I Charge?


Hello, I’m starting a business targeting debt consolidation and bankruptcy lawyers, the service that I will be providing is bringing them clients. I will network out and bring in clients to the law firms that I’m working with. The law firm only pays if the client does business with them and they don’t pay me until they get paid! My question is, how much do I charge them for such a service and is this a good niche to target? I want it to be fair on both ends so that way I can keep them fed with new clients so they can stay continuously busy on what their good at and grow their firm while at the same time turning a profit for myself and growing my business. So what percent of the revenue generated would a law firm be willing to payout for such a service and is that the best niche to target? Thank you so much for you advice!

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Are We In The Midst Of A Global Economic Collapse Comparable To The Fall Of The Roman Empire?


I suggest that any doubters go on Youtube and search the terms: economic depression,taxes, fall of the dollar, new world order, worldwide economic collapse,national debt,outsourcing, marshall law, church and state, rise in tuition,homelessness in america,jobs in america, student loan debt, middle class,future of America, biblical prophecy, military robots, Patriot Act, civil rights, constitutional rights, NAFTA, TARP,The Greatest Depression, patent protection, service economy, credit card debt, end of oil,exponential growth, population growth, cost of education, public education,global warming effects,one world government,crime in America,secret societies, Richard Dawkins, end of religion,science religion,North American Union,world currency,end of capitalism, Michael Moore, mandelbrot economy,stock market collapse,federal reserve,careers in service economy,rise of technology,mark of beast,origin in god we trust,one world religion, United Nations, etc..ad infinitum… judge for yourself by listening to 1000’s of views points.
An infinite number of particulars rain from any given universal. People get lost in the particulars when it’s the universal that needs to be changed. It’s called brainwashing or obfuscation…enough said.

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Guarantor Loans launch on OMG � Earn �60 for every loan


60 per validated loan.

About Guarantor Loans
Guarantor Loans are a new type of loan product which is available to people who may have experienced difficulties in paying debt.

A homeowner with a good credit history vouches for the loan applicant who would have likely been refused a loan elsewhere. The guarantor can be a relative, friend, colleague or neighbour, and is only asked to step in if the applicant misses a payment. Having someone else guarantee the loan gives the applicant the ability to borrow money, even if they have a poor credit history.

Login to OMG admin and sign up to the Guarantor Loan programme today.

If you have any queries relating to the above, please do not hesitate to contact a member of the OMG Account Manager Team.

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