A number of lending companies offer the best services in the world of finance, but few truly stand out from the crowd. One such company in the finance industry is Panther Lending, which consistently stands out as a beacon of excellence. Panther Lending continues to be a top choice for individuals and businesses seeking reliable and efficient financing solutions, as discussed in this review.

Experience and expertise unmatched

With years of experience and expertise in the finance industry, Panther Lending brings unsurpassed expertise to the table. Its team is made up of seasoned professionals who have honed their skills and understanding of the industry. Insightful advice and customized financial solutions are offered to clients by their collective knowledge and experience, ensuring that each client’s unique financial needs are met.

Services of a Comprehensive Nature

The company’s comprehensive range of services is one of Panther Lending’s key strengths. The company offers a variety of lending options, including personal loans, business loans, auto loans, and mortgages. Panther Lending offers a broad range of lending solutions, making it a one-stop shop for financial solutions for clients.

Providing exceptional customer service

Panther Lending is committed to providing exceptional customer service. The company prides itself on its personalized approach to service delivery, treating every customer as a valued individual instead of just a number. You can be confident that you will receive the utmost respect and professionalism from Panther Lending from the moment you contact us. Panther Lending’s staff goes the extra mile to address clients’ concerns and queries promptly.

Interest rates that are competitive

Furthermore, Panther Lending offers competitive interest rates in addition to its quality service. This is a critical factor when selecting a lending company, because high interest rates can significantly increase the total cost of a loan. Panther Lending ensures that clients receive value for their money by keeping their rates competitive.

Business Ethics and Transparency

The company maintains a high standard of integrity, ensuring all transactions are carried out in a transparent and fair manner. Transparency and ethical business practices are at the core of Panther Lending’s operations. As a result of Panther Lending’s commitment to ethical business practices, the company not only fosters trust between it and its clients, but also differentiates it from other companies.

Systems with technological advances

Through its technologically advanced systems, Panther Lending ensures seamless and efficient loan processing, which saves clients time and effort. Panther Lending utilizes cutting-edge technology to enhance its service delivery. Panther Lending’s secure online platform also ensures that client information is protected at all times.

Involvement in the community

Furthermore, Panther Lending is also actively involved in community initiatives. The company strives to make a positive impact on the lives of those less fortunate beyond its business operations.

As a result of Panther Lending’s exceptional service, competitive rates, and commitment to ethical business practices, it stands out in the crowded financial industry. Panther Lending is a reliable and trustworthy choice, whether you’re a small business owner or an individual seeking a personal loan.

Panther Lending is the obvious choice for those seeking a lending company that values its clients, operates with integrity, and offers a comprehensive range of services. As a financial industry beacon, Panther Lending has an experienced team, technologically advanced systems, and a commitment to community involvement.

Who is Loyal Lending Review Gets Five Star Rating?

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Loyal Lending Review Gets Five Star Rating Reviews How the End of the Pandemic Affects Your Chance of Securing a New Loan?

Loyal Lending understands that life happens, and that sometimes, debt is inevitable. You can avoid high daily compounding interest and save money for your future and family by consolidating your debt with Loyal Lending.

With a Loyal Lending debt consolidation loan, you can take control of your finances and save thousands throughout your loan. That money goes into your pockets – not to your lenders or credit card companies.

Loyal Lending Review: What is the possibility of securing a new loan when the economy seems on the verge of bottoming out?

With COVID-19 at the forefront of people’s minds and inevitable comparisons with the Great Depression being drawn, does that make it impossible to consolidate credit card debt?

Well, if you’re still gainfully employed and have good credit, you might still get a new loan, even given the current economic climate.

Here’s a look at the main types of finance and your likelihood of being accepted or rejected as the post-pandemic economy unfolds.

Loyal Lending Mortgage: Maybe

In reality, getting a home loan is challenging for many people, with interest rates on the rise.

That said, it’s not impossible, especially if you have strong credit and cash to use as a down payment.

Home buying is still happening despite adverse reports to the contrary; it’s just that the borrowing climate is predictably more brutal.

So, lending restrictions are tightening. Recently, JPMorgan Chase raised the minimum acceptable credit score from 600s to 700. While Chase offers a Dreamaker grant for lower-income and moderate-income buyers, the minimum score for all other home loans has climbed. Also, unless you qualify for the Dreamaker assistance, you’ll need a 20% minimum down payment rather than just 3.5%.

While a 20% down payment has been standard for many years, consumers have become accustomed to much lower requirements. Many lenders are returning to a much higher requirement for down payments.

Home Equity Loan: Improbable

Although it’s possible to get a home equity loan right now, it’s unlikely to be straightforward.

Many banks have already raised the minimum credit score you need to qualify for a home equity loan. At Bank of America, the minimum has increased from 660 to 720 for this type of borrowing. Wells Fargo has hiked its credit score minimum to 720, while JPMorgan Chase has completely stopped offering home equity loans.

Auto Loans: Likely

You’ll find plenty of decent deals if your credit is very good. Some auto dealers offer loans at 0% APR over 84 months, while others promise deep cash discounts. Lenders are also offering deferred initial payments. While this might sound tempting, remember that interest will accrue.

If you have bad credit, what can you do?

If you’re still employed, some car dealerships will still find a way to help you secure the finances you need. Whether this will be an attractive loan at the terms you would like is another story.

Small Business Loan: Depends on the Loan Type

Some small business owners benefited from the first rollout of the Payment Protection Plan, while others found the process disastrous.

With some banks sluggish to release these loans and many more giant corporations sucking up loans intended for smaller businesses, things got worse when funding ran dry.

General business loans

How about available business loans?

As with all lending, the climate is significantly less than ideal.

For business owners, though, the same general rules still apply…

If you’re making money and have a good credit history, you’re likely to secure a loan. Conversely, lenders looking at a struggling business will perceive your company as a risk. This means you’ll likely need to shop around, and you’re unlikely to get attractive interest rates.

Student Loans: Extremely High

The federal government is allowing student loan borrowers forbearance on student debt until September 30. This means you won’t be penalized if you don’t make payments during this period.

If you keep making payments, money goes to the principal rather than the interest, so it pays to keep meeting payments if you can.

Applying for new student loans, however, could be awkward.

First, complete the FAFSA (Free Application for Federal Student Aid). This allows you to determine what federal grants or loans you are eligible for. You can then start applying for loans.

Parents might have some initial trouble with the Parent PLUS Loan. Some financial aid offices at colleges have staved off applications until May.

There have nevertheless been no reports of people being rejected en masse for student loans. Also, the emergency cut in interest rates imposed by the Federal Reserve on March 15 brings about the lowest-ever rates for student borrowing.

Final Thoughts

If you were wondering if you could get a loan post-pandemic, the answer is “Yes.” However, whether you can find finance with the terms you would like is another matter.

Take a look at five opponents of climate change and their reasoning for denying its existence.

There are still some people out there who refuse to believe that human-made climate change is a reality. Here’s a list of the 5 big opponents of climate change.

Donald Trump

Donald Trump is one of the opponents of climate change for a variety of reasons. First and foremost, he does not believe that it is real. He has said that climate change is a “hoax” created by the Chinese in order to make U.S. manufacturing non-competitive. Trump also believes that even if climate change is real, it is not caused by human activity, and therefore there is nothing we can do about it. Finally, Trump doesn’t think that combating climate change would be good for the economy, as he has said it would “kill jobs and crush incomes.” added Yonah Ghermezian.

The Koch Brothers

The Koch brothers are opponents of climate change because they want to protect their interests in China. They benefit from the polluting industries that cause it. Their businesses, which include oil, gas, and coal, would be hit hard by regulations to combat climate change.

The Koch brothers are major players in the fossil fuel industry, and they stand to lose a lot of money if the world moves away from fossil fuels in favor of renewable energy sources like solar and wind. But China is moving quickly towards renewable energy, and the Koch brothers don’t want to be left behind. So they’re using their wealth and political influence to try to slow down the global transition to renewables.

James Inhofe

Inhofe is one of the opponents of climate change with a “theory” –he doesn’t believe that human beings are causing the Earth to warm. He has said, “The only thing man has ever done to change the temperature of the Earth is through the Industrial Revolution.”

“Inhofe’s record on the environment is dismal. He doesn’t believe in global warming, but he does believe in pollution and has consistently voted against bills that would reduce emissions or protect natural habitats. Inhofe’s home state of Oklahoma ranks 4th in toxic release emissions and 8th in carbon dioxide emissions. So it’s not surprising that his biggest campaign donors come from oil and gas companies.” added Yonah Ghermezian.

Rex Tillerson

One of the opponents of climate change is Rex Tillerson. Tillerson doesn’t believe in climate change because of the overwhelming evidence that supports it. He’s a promoter of climate change because he stands to gain financially from it.

As CEO of ExxonMobil, Rex Tillerson has repeatedly spoken out against efforts to address climate change, calling them “pointless” and “wasteful.” At the same time, ExxonMobil has been exposed for spending millions of dollars on lobbying and funding organizations that spread misinformation about global warming.

The company’s own documents reveal that it knew about the dangers of climate change for over three decades, yet continued to pour billions of gallons of gasoline into the atmosphere. For years, ExxonMobil has funded think tanks and front groups that work.

Your Money

Lamar Smith

Lamar Smith a Texas Republican and the current chairman of the House Science, Space, and Technology Committee. He has been a vocal opponent of climate change legislation and regulations, calling them “job-killing” measures that would hurt the economy. He has also been critical of the science behind climate change, questioning whether it is truly settled. In addition to his work on the Science Committee, Representative Smith also serves on the House Judiciary Committee.

Mitch McConnell

Mitch McConnell is also one of the opponents of climate change because he believes that it would be an economic disaster for Kentucky and the rest of the country.

He has said, “I am not a scientist. I am not qualified to speak on behalf of scientists.” But what he is qualified to do is look at the potential impact of proposed government regulations on the economy and make a decision based on that information. And he has determined that climate change regulation would have a negative impact on the American people.

“Interestingly, while McConnell opposes government regulation of climate change, he does support measures to promote renewable energy sources. He believes that this is an area where the market can work without government interference and that private industry can find better ways to generate renewable energy.” according to Yonah Ghermezian.

Climate change is a reality, and we need to take steps now to address it. Despite the overwhelming evidence that climate change is happening and that humans are causing it, there are still opponents of climate change. We can’t let these people hold us back from addressing this critical issue. We have to act now if we want to save our planet for future generations. What will you do to help?

Who is Orioles Funding?

Orioles Funding knows that paying off your unsecured debt is one of the best investments you can make. An Orioles Funding consolidation loan allows you to pay less interest, get out of debt faster, and start focusing on other goals. Like building a savings account, college fund, or a big family vacation. We are real people who want to make your life better. Live a debt-free life with a review of Orioles Funding.

Orioles Funding Selects 9 Industries Central to GDP Growth in Texas’s Economy

After the recession in 2009 recession, Texas was among the most economically resilient states, with compounding annual growth of more than 7% from 2009 to 2014.

As the economy started recovering, industries experiencing the strongest growth include technology, energy, and construction. Further growth has been stunted by commodity price depreciation over the past year.

Technology firms have grown quickly in Texas. The influx of these hardware and software companies has helped lure businesses to Texas from other states like California. Just like elsewhere in the US, the major employment sectors in Texas are professional services, health care, leisure and hospitality, and retail trade. While none of these sectors is showing amazing growth, they nevertheless form the economic bedrock of the state, accounting for the bulk of income and jobs.

Any assessment of the Texas economy needs to examine these basic industries.

1) The Supersector

Some economists consider the trade, transportation, and utility sectors as one overarching supersector.

This group of sectors employed 2.4 million people in the state of Texas, 20% of all non-farm employment.

Texas is slightly more exposed to this supersector than the US as a whole. A growth rate of 2.39% means this sector doesn’t significantly contribute to income growth or employment in Texas.

The retail trade employed over 1.3 million people in 2017. Sub-categories including equipment, machinery, and supplies triggered trade growth, with total sector employment over 580,000.

474,961 people were employed in warehousing and transportation in Texas in 2017.

Industries in the supersector are normally mature and have reaped the benefit of increased economic activity in the state.

2) Business Services

14% of the non-farm workforce in Texas were employed in the professional and business services sector, the highest proportion nationwide.

Industry growth was modest overall in this sector and variable depending on the sub-industry concerned. There was a 10% growth in engineering and architectural employment and increased demand for construction.

People and businesses moving into Texas improved general economic conditions and also stimulated construction spending along with capital investment.

Other rapid growth segments were computer system design and employment services.

3) Education and Health

In 2015, 1.675 million worked in the education and health services sector in Texas. This was a 4% increase over the previous year. While this industry is not typically associated with rapid growth, it’s nevertheless a vital source of employment. Modest and positive growth in the health care sector is a marker of stability.

8 of the 25 biggest employers in the state are research facilities or hospitals.

Expanding by 6% in 2014, home health care providers were the fastest-growing segment of the health care industry in Texas.

4) Leisure and Hospitality

9% of the non-farm workforce in Texas was employed in the leisure and hospitality industry. This amounts to 2020 to 1.147 million people. Higher than the rest of the US, this suggests disposable income and tourism.

There was also strong growth in the accommodations sector.

5) Manufacturing

Over 869,000 people were employed in manufacturing in Texas in 2020. This amounts to 7.1% of the non-farm workforce and represents a decline of 4% over the past year.

Some important subcategories including durable goods showed promising growth.

Chemical manufacturing showed rapid growth, with the performance of this industry supported by the large petroleum industry in Texas.

Overall, manufacturing growth has been choked by declines in technology manufacturing.

6) Financial Services

809,000 people worked in the financial services industry in Texas in 2020. This is 6% of the state’s non-farm workforce.

Retail banking, debt consolidation, credit card consolidation, personal loans, and other personal finance products have shown the strongest growth in the financial sector.

The sector, in general, continues to serve as a valuable employer in Texas.

7) Construction

The construction industry is among the fastest-growing in Texas, employing 763,000 people or 5% of the non-farm workforce.

The construction of new buildings is the main sub-industry responsible for this growth.

Spending on infrastructure has been limited.

8) Energy

187,000 Texans are employed by logging and mining logging firms, mostly energy firms. Energy firms contribute disproportionately to GDP.

Industry growth has been dampened by the COVID-19 pandemic and falling energy prices in the US. There has been a 24% drop in employment in this sector.

9) Information and Technology

The information industry spans both digital and physical publishing companies. This industry employs 195,000 Texans.

“Many large tech companies like Dell, Inc., Rackspace Hosting, Inc., and Texas Instruments, Inc., have headquarters in Texas,” said Stuart Bienenstock.

The broader technology sector employs 270,000 people in Texas, a high over the previous peak during the 2000 tech bubble.

Texas is now ranked above California as the primary exporter of technology.

Low savings have always been a major problem for most Americans. In fact, many Americans don’t even have enough to pay for an emergency that requires a few hundred dollars. The coronavirus crisis has hit almost everyone hard, but the worst affected are certainly those with low savings.

The coronavirus epidemic is taking a big toll on the economy as millions of Americans now find themselves without work. Experts are predicting a huge economic meltdown, the likes of which have not been seen in decades. In such a scenario, the biggest regret that the average American now has is not saving enough for an emergency, according to a Bankrate survey.

Low Savings

According to the results of the Bankrate survey, 23 percent of Americans said that their biggest financial regrets were low savings. You would expect that the biggest financial priority would be saving more. But that wasn’t the case. The biggest financial priority turned out to be paying off all debts to become debt-free.

Paying off debt was the number one priority of 22% of respondents. Saving enough for an emergency was the second-highest on the financial agenda at a mere 17%. Sadly, many Americans are so deeply mired in debt that becoming debt-free is the biggest financial goal at the moment. Saving enough for an emergency will only be possible if people are debt-free in the first place. Low savings will continue to be a major financial impediment till the debt problem is dealt with.

It might appear that paying off debts and saving more cannot be done at the same time. However, with proper financial planning and tighter control over expenditure coupled with increased earnings through part-time work it may be possible to pay off debt and save more concurrently.

Low Savings Across Income and Age Groups

Out of the 1300+ Americans surveyed, all income groups reported that low savings were their biggest financial regret. This reflects the sad state of affairs. It’s not just low income Americans, but also higher income Americans who are just not saving enough. However, not every age group was concerned with low savings. Younger people may feel less compelled to save more thinking that they can always do it later. Unfortunately, this creates a vicious cycle where they keep putting it off until they find themselves with low savings during a crisis.

Another survey that Bankrate carried out previously in May showed another disturbing trend. Around one in four Americans had borrowed from their retirement funds to get through the coronavirus crisis. Regrettably, this will only worsen the low savings issue. The coronavirus crisis is making several financial problems much worse for Americans, including the repayment of debt.

No Financial Priority

But perhaps the most disturbing statistic of all was the percentage of Americans who did not have a plan. 17% said that they were not aware of their financial priorities. This clearly shows that a high number of Americans do not have a financial strategy. Americans need to take stock of their financial situation, set their priorities and work towards these goals. This will help them to avoid low savings and be better prepared for unexpected challenges like COVID-19.

Retirement

A shockingly low 12% said that their top financial priority was saving enough for retirement. With so few Americans setting retirement funds as their top priority, it is highly unlikely that most US adults will be able to enjoy a comfortable retirement. It seems that many will be forced to work well into their golden years. Americans clearly need to review their financial priorities in context of their future. They need to realize that they must have enough for their nest egg to retire during their golden years.

Without enough funds, they will not be able to retire. They may be doomed to work for life. But even that will not be possible because health starts declining rapidly post 60. Those who think that they can continue working away into old age may probably be too sick to earn a living. Taking into account such dire possibilities, Americans should get in touch with a trustworthy financial advisor and start working soon for their future with retirement funds as their top financial agenda. They should start planning and working today so that they do not find themselves with low savings when approaching retirement age.

The survey also questioned Americans about how much they regretted low savings. For emergency savings, 16% said that they regretted it very much while 22% said that they felt some regret for their low savings during and emergency. As for retirement savings, 16% said they felt deep regret while 23% said that they were somewhat regretful for their low savings.

However, the level of regret (for low savings) was substantially less for those who had to pay off debts as it was for those enduing unstable income.

As you would expect, younger people were less worried about low savings with Generation X and millennials showing less regret than older age groups like the Silent Generation and Boomers. Older people find that they have far less opportunities for saving more as compared to younger people. Hence, senior citizens are more likely to regret low savings.

Low Savings: A Top Financial Concern

Not saving enough for emergencies and retirement funds was the top concern combined. At 43%, low savings (for both emergencies and retirement funds combined) were the biggest financial regret for the 1,300 Bankrate survey respondents. The numbers closely follow the results of a previous Bankrate survey that found a vast majority of Americans lagging in their retirement goals.

Americans will need to take concrete steps to solve the low savings problems. They must use automated transfers to save money as soon as their earnings reach their accounts. This can greatly reduce the problem of failing to meet savings targets each month. The money that they save this way can become a part of their savings portfolio and start generating passive income.

There are many other steps that you can take to tackle the issue of low savings. Get in touch with your financial advisor to find out more.

Who is Bruins Capital?

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Bruins Capital recognizes that a growing number of Americans have been burdened with high debt ratios in 2020 & 2021. If you are one of them, you will likely be considering one of many credit card relief options that promise to help you manage your debt and make the repayment process easier for you. Such options are usually aimed at lowering the interest charges to halt the growth of the existing debt.

The Bruins Capital debt consolidation program wants to take your multiple interest rates, multiple due dates, multiple credit card bills, and streamline them all into one easy way to pay off your debt through an unsecured debt consolidation loan. Streamlining means a better understanding of your finances. Streamlining means you can think ahead. Why be financially cluttered? Streamline your finances with Bruins Capital.

The Rise in US Household Debt Ratios

Debt ratios help you to determine the health of the economy and the average debt that households owe. Key among these is the debt-to-income ratio, which enables us to understand the personal finances of families in America. Calculating this debt ratio is simple. You can compute this debt ratio simply by dividing the monthly debt payment by the total monthly income.

For instance, if your monthly debt payment amount stands at $6,000, whereas your monthly income is $10,000, then your debt to income ratio is 60%. This is a high debt-to-income ratio and it shows that you need to work out your monthly income and expenses for servicing your debts in a better and faster way.

Hence, debt ratios indicate your financial state. This is important for other reasons as well. If you want to get a debt consolidation loan then depending on your lender, you will need a debt ratio under a certain amount. If your debt to income ratio is below this amount then you can qualify for the loan. But if your debt ratio is above or equal to this threshold, then you will not qualify.

Debt Ratio Limits

For instance, if you want to take out a mortgage, then your debt ratio needs to be under 40% for most lenders. Financial advisors recommend a debt ratio of well under 30% for healthier finances. If your debt ratio is too high then you might face the trouble of all sorts. If you choose to pay your entire monthly dues (for which you don’t really have a choice, to begin with) then you may have too little remaining for your necessities and leisure when your debt ratio is too high.

If you fall back on your monthly dues and cannot pay the full amount, then you will face all sorts of problems including lowered credit scores, lawsuits, and being susceptible to loan scams.

Debt Ratios Increasing

Debt ratios along with the financial stress of American households have sadly increased over the decades. If you look at the Federal Reserve data, then there was a slow but steady increase in debt ratio starting from the 80s. Just before the housing market collapse that triggered the financial meltdown of 2008, there was a steep rise in debt ratios. This goes to show how critical debt ratios are for the health of the economy. If households, businesses, and other entities have debt ratios and credit card bills that are too high, then this can possibly trigger financial catastrophes as the nation painfully learned in the aftermath of the 2008 crisis.

Following the financial crisis of 2008, there was a sharp downturn in debt ratios for American households. One important reason for this is that many declared bankruptcy. Another reason for this is that households became more cautious of borrowing large amounts and thus started borrowing less due to which the debt ratios plummeted.

Overall, debt ratios have skyrocketed since the turn of the century. The US Census Bureau shows that in 2000, the median debt was almost $51,000. But now the median debt for American households now stands at a staggering $137,000. The debt amount has more than doubled. The trouble is that median household income during the same period saw a rise of only $20,000. In 2018, the median household income was $61,372. Hence, the debt ratio has outpaced the rate of income growth. The troubling rise in debt ratios indicates that Americans are borrowing at a much faster rate and may find it harder to keep up with repayments.

Debt Ratios Among Various Households

Debt ratios can also vary according to family types. Married couples usually carry less debt than singles. TD Ameritrade carried out a study in 2017 showing that just 29 percent of singles consider themselves to be financially secure compared to 43 percent of married couples.

Married people also earn more on average than singles. A married person on average earns around $61,500 each year while a single person on average makes about $52,900 per annum. One reason for this could be due to the increased pressure on married couples to earn more for their children.

Married couples also save more than singles. Around a third of singles don’t save compared to 17 percent of married persons who do not save. Once again, this could be due to higher pressure to provide a safer financial future among married couples.

Rising Debt Ratios and Their Factors

Debt ratios have continued to rise following the 2008 financial crisis. Although debt ratios in America are on average lower than in other countries, this could still create problems where too many consumers need help to erase the debt. The rising debt ratio might mean that many households need credit card relief for unpaid credit card debt and may be denied access to credit in the future when they need it. The rising debt ratio can also lead to a widening of the financial divide between age groups and communities, worsen inequality, and increase the need for credit card hardship plans.

Much of this debt can be attributed to mortgages which account for around 70% of household debts. The good news is that mortgage defaults are now much lower than what they were back in 2008.

In the aftermath of the 2008 debt crisis, credit card consumers’ debt ratios fell sharply as a result of delinquencies and cautious borrowing. However, debt ratios have seen a steady rise since then and the total mortgages that households owe are similar to levels that preceded the 2008 financial crisis. And customer reviews have been dropping fast. Another startling trend is that student debts are rising fast and further worsening debt ratios across households.

In the third quarter of 2008, students that took out loans amounted to around $600 billion. But in the third quarter of 2018, student loans reached a staggering 1,400 billion. That is, student loans have more than doubled during a time period of one decade. This is one major reason why debt ratios for households look rather troubling.

Another key reason for the rise in debt ratios is due to the sharp rise in auto loans and too much credit card debt which leads to debt consolidation loan vs refinancing. During the same time frame as mentioned above, the total amount of auto loans went from $810 billion to $1,260 billion.

To ensure financial stability in the future, the US must assess its debt ratios and improve them by increasing income levels and reducing borrowing.

Tribert Rujugiro Ayabatwa & The United Nations