Smart-pig.com: Start-up Student Loans Company Pair Shortlisted For National Award – Coventry Telegraph

Hes been turned down twice for the type of mortgage he needs to buy a home big enough for himself, the fiancee he would have married already if not for his debts and her 10-year-old son. I have more education and more degrees than my father, as does she than her parents, and yet our parents are better off than we are. Whats wrong with this picture? he said. Student debt is the only kind of household debt that rose through the Great Recession and now totals more than either credit card or auto loan debt, according to the Federal Reserve Bank of New York. Both the number of borrowers and amount borrowed ballooned by 70 percent from 2004 to 2012. Of the nearly 20 million Americans who attend college each year, about 12 million borrow, according to the Almanac of Higher Education. <br>Source: <a href='http://www.alaskajournal.com/Alaska-Journal-of-Commerce/April-Issue-1-2014-1/1-trillion-student-loan-debt-widens-US-wealth-gap/&#039; >http://www.alaskajournal.com/Alaska-Journal-of-Commerce/April-Issue-1-2014-1/1-trillion-student-loan-debt-widens-US-wealth-gap/</a&gt;

<img src='http://webcash.in/wp-content/uploads/2012/07/Student-Loans.jpg&#039; />

The $1.1 Trillion Student Debt Burden Is Paralyzing a Generation

Its an IOU on your future earnings, and the government will garnish your wages to get paid back. In some sense, this is correct youre borrowing against yourself, and you do need to pay it back. However, it omits a key factor that most student loan borrowers dont take advantage of:Student Loan Forgiveness Programs. These are programs designed to eliminate your student loan debt for free. And its been estimated that visit our website roughly 50% of borrowers can qualify for some type of student loan forgiveness program. You just have to look. The most common student loan forgiveness programs are students who pursue the following careers: The Military Volunteer Work Medical Workers If youre considering entering these fields, see what programs you could qualify for. <br>Source: <a href='http://www.forbes.com/sites/robertfarrington/2014/04/04/3-dumb-student-loan-myths-that-can-bankrupt-smart-borrowers/&#039; >http://www.forbes.com/sites/robertfarrington/2014/04/04/3-dumb-student-loan-myths-that-can-bankrupt-smart-borrowers/</a&gt;

"People who went to these schools in order to better themselves so they could get a job and didn't get decent training are not in a good position to pay off these loans," she said. Robyn C. Smith, an attorney who works with the National Consumer Law Center, estimates that "thousands and thousands" of former students fall in that category. The U.S. Department of Education proposed rules last month that target career colleges, an industry buffeted by criticism and lawsuits. <br>Source: <a href='http://www.baltimoresun.com/business/bs-bz-student-loan-debt-trade-schools-20140406,0,6952592.story&#039; >http://www.baltimoresun.com/business/bs-bz-student-loan-debt-trade-schools-20140406,0,6952592.story</a&gt;

3 Dumb Student Loan Myths That Can Bankrupt Smart Borrowers – Forbes

A study by Wells Fargo found a similar result, with 36% of Millennials polled admitting that student debt is their primary financial concern. Some even question the value of taking on so much debt: nearly one-third said that they now feel they would have been better off skipping collegealtogether. The negative ramifications of student debt are long-term They might have a point. Evidence shows that starting off your working life with a huge debt load has negative repercussions far into the future. It became obvious early last year that onerous student debt was keeping young workers out of the housing market , an issue possibly exacerbated this year by the new qualified mortgage standards rules that are meant to make certain that a borrower will be able to repay his or her mortgage loan. Retirement saving is taking a hit, too. <br>Source: <a href='http://www.fool.com/investing/general/2014/04/05/the-11-trillion-student-debt-burden-is-paralyzing.aspx&#039; >http://www.fool.com/investing/general/2014/04/05/the-11-trillion-student-debt-burden-is-paralyzing.aspx</a&gt;

Two years on, the start-up has been nominated in the Alternative Lender of the Year category for the Credit Today Awards 2014. The brainchild of former Warwick University student Tom Parks and his old schoolmate Shreiff Benaziza, the idea for the company came about after Shreiff suffered a bad experience while at university. He explained: I needed a bit of extra money. My bank refused to extend my overdraft and I didnt want to go to my parents so I ended up using a short-term loan firm. It was just a disaster. The reason Smart-Pig.com is different he says is because it cares about the people it lends money to. <br>Source: <a href='http://www.coventrytelegraph.net/news/coventry-news/smart-pigcom-start-up-student-loans-company-6923546&#039; >http://www.coventrytelegraph.net/news/coventry-news/smart-pigcom-start-up-student-loans-company-6923546</a&gt;

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Forex Strategy Master Review – Scam Or Truth?

A comparison reviewer says, The complement is set adult to concede we to start trade and creation increase right from a word go. No long, vapid training bend usually get going and get earning true away. Russ Horn is so assured about his new complement that hes charity a 100%, no questions asked, income behind guarantee. Its so tough for even a many gifted traders to make genuine income since a marketplace conditions have altered so many over a past few years and were in mercantile times that have usually not existed before.
Source: http://www.ssuchronicle.com/2014/04/01/rush-horns-forex-strategy-master-review-plus-100-bonus/

“Based on the information currently available to the competition commission, authorities believe that the most important currencies are affected,” WEKO said, adding that it “cannot exclude” other banks and brokers also may have been involved. Credit Suisse said it was “astonished’ by the allegations, and noted it was not subject to WEKO’s preliminary investigation into various banks. “The press release contains incorrect references to Credit Suisse AG and these allegations are both inappropriate and harmful to our reputation,” the Zurich-based bank said of the commission’s statement. But it said the bank will cooperate fully with the authorities in this matter.
Source: http://abcnews.go.com/International/wireStory/swiss-investigating-banks-forex-market-23124655

This scandal threatens to become even more serious than the rigging of the Libor rate scandal, which was just recently settled and resulted in billions in fines against those involved. Analysts point out that since the forex probe involves the integrity of the entire foreign exchange market, rather than just a single rate, it will likely have more serious repercussions. Statement from WEKO about Forex manipulation There are indications that competition agreements for the manipulation of exchange rates have been made in Forex trading between banks, WEKO elaborated in its statement. The alleged manipulation, the statement read, involved the illegal exchange of confidential information, undertaking transactions with other market participants at pre-agreed prices and other coordinated activities to fix a forex benchmark. Based on the information currently available to the competition commission, authorities believe that the most important currencies are affected, the statement continued, adding that the commission cannot exclude the possibility other banks or brokers may have been involved.
Source: http://www.valuewalk.com/2014/03/swiss-commission-names-eight-banks-forex-case/

Swiss Commission Names Eight Banks In Forex Investigation

The Trading Manual is jam packed with information; written in a manner that both novice and experienced traders can quickly read, digest and understand and it accompanies the DVD set. Signal Automation Recognition Alert (S.A.R.A) turns the information people gain from the Dynamic Positioning Indicator into a rapid method of making serious wealth. People also learn exactly how to use the MetaTrader4 Platform to their personal full advantage to make maximum profits. A Forex Strategy Master review reveals that this FOREX trading system is specifically designed to win in todays troubled times.
Source: http://www.ssuchronicle.com/2014/04/01/forex-strategy-master-review-scam-or-truth/

April Forex Seasonality Favors US Dollar Weakness – Against Whom?

In earlier trading, the yen had been hurt by Japan’s Tankan survey that raised doubts about whether economic activity will continue to improve. The survey will keep alive expectations the Bank of Japan may ease policy further if the pain from a sales tax hike proves worse than expected, analysts said. “If there is clear weakness in the economic data from Japan, we could see the BOJ ease policy,” said Yujiro Gato, currency strategist at Nomura. “But we do not expect that policy easing to take place anytime soon, perhaps in the third quarter.” “So those expecting the BOJ to ease in the short term could be in for a disappointment.
Source: http://uk.reuters.com/article/2014/04/01/markets-forex-idUKL1N0MT0ZR20140401

Swiss Name 8 Banks in Forex Manipulation Probe

By Christopher Vecchio 14 hours ago 0 shares Done Talking Points: – April has been the worst month of the year for the US Dollar the past 5 years. – British Pound, Australian Dollar could be leaders. – Dont discount Canadian Dollar rebound or gains in the S&P 500. See the full rundown of seasonal patterns broken down by currency pairs below, and to receive reports from this analyst, sign up for Christophers distribution list. The beginning of the month warrants a review of the seasonal patterns that have influenced forex markets over the past several years. Last months review saw several currencies and instruments break from their 20 year seasonal patterns: the British Pound and the Euro fell rather than rallied; the Swiss Franc and the Canadian Dollar werent as quite as strong as history suggested.
Source: http://finance.yahoo.com/news/april-forex-seasonality-favors-us-100000029.html

OANDA Tabs Gavin Ward And Louis Cooper To Head Greater China, Antipodean Markets

Given their expertise and insights, I know both Gavin and Louis will elevate our profile, our forex and CFD offerings, and help to define our fxTrade platform as the best choice for investors in each region. Indeed, the Chinese and Antipodean markets have been a boon or bust market in recent years, owing to a variety of factors. Most recently, New Zealand has taken measures to help foster greater transparency across forex and financial reporting, which could ultimately serve as a greater incentive what should a etf portfolio be made of towards market growth. Gavin Ward To Head Greater China Operations Gavin Ward Head of Greater China OANDA Corporation To this end, Gavin Ward represents the ideal candidate to help manage OANDAs interests in these regions, having built a vast resume across the financial services industry in both Europe and Asia previously. Ward will be based out of OANDAs Asia-Pacific office, located in the global forex hub of Singapore this close proximity to Greater China will ensure he is strategically placed to handle and culture OANDAs growth and exposure in the region.
Source: http://forexmagnates.com/oanda-tabs-gavin-ward-and-louis-cooper-to-head-greater-china-antipodean-markets/