finance debt loans – consolidate

University of Houston Economics Grad Starts Career by Building a Website Letting Users Search Recipes by Ingredients—Now Selling to Pay Back Student Debt

Houston, Texas (PRWEB) December 24, 2011

Have you ever wanted to place ingredients into a search that tells you what you can make? University of Houston student Richard Norwood did. So instead of waiting around to see if someone else would build it, he created it himself, organizing the first recipe website that allows users to submit their own ingredients, upload ingredients and recipes, add personal profiles to store recipes and search for recipes based on the ingredients the users have in their kitchen. What started as a personal project for class may turn into enough cash to pay off his school loans.

“The website started as hobby and a dare that soon became an obsession that lasted the better part of two years,” told UH Economics graduate Richard Norwood. “It taught me all about PPC and Internet Marketing, as I spent thousands of man hours optimizing for Google organic search and making tons of mistakes.”

After two years of hard work, Richard said he is ready to let someone else drive the website to greener pastures. The website jumpstarted a career in internet marketing for the UH grad who says that he is just lucky to have found a way to utilize his Economics degree in a down economy.

My Kitchen Vault has: a tremendous data base of pictures, over 3000 recipes, articles depicting ingredients and a drag & plop recipe selection tool that genuinely gets unexampled users prosecuted. Norwood likewise added an entire content management system to let leisurely admin edits to nigh everything on the website, including the ability to qualify recipe content, blogs, forum posts and unexampled recipes.

The website started cancelled slow as most websites do, but is now ranked on the first page of Google for Recipes by Ingredients, Search Recipes by Ingredients, ingredients in my kitchen, reverse recipe finder and much more.

Norwood is ready for a food lover to take My Kitchen Vault to the next taking by adding content, building relationships in the food industry and growing what he created. “I just don’t have time anymore to push three websites, and I know the least about food,” the Internet Marketing Specialist said with a laugh. “If someone gives me a good adequate offer, I’ll probably take it.”

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Question by cvjade: Chapter 13 bankruptcy in CA…will this help to consolidate debts owed for old fines or tickets?
I know that filing a chapter 7 will not wipe debts owed to a court or other govnt. agency, but I can’t tell if this is also the case with the Chapter 13.If anyone has any info I would greatly appreciate it.

Best answer:

Answer by Tommy H
Sorry, there is no way to get around tickets, fines, and child support.

What do you think? Answer below!

Peerform.com Releases Newest Peer-to-Peer Online Lending Platform for Personal Loans

Peerform

Manhattan, NY (PRWEB) November 12, 2011

Peerform.com, the newest player in the emerging peer-to-peer lending industry, introduced its pioneering “Loan Options” program to empower borrowers and give them the opportunity to pick the optimal personal loan solution. Using an advanced financial algorithm to come up with a set of options that combines different loan amounts, grades and interest rates for each loan request borrowers are given more control over their loan options and the ability to optimize their debt, which reduces the chance of default for investors.

“By eliminating the eminent operable cost of fiscal institutions we bid to optimize the economics of both investors and borrowers,” says Mikael Rapaport, CEO and Founder of Peerform. “Borrowers are able to save because there is no middleman selling them a loan and no excessive paperwork. The lenders benefit because they are able to receive steady return without having to take on all the risk themselves.”

Peer-to-peer, or person-to-person, loans is rapidly becoming the go to industry for small business and individuals to obtain money from a large network of lenders who collectively fund needs such as car financing, debt consolidation, home improvement and medical treatment.

To help convey more investors into their network of lenders Peerform was the first P2P lender to introduce tranches as a way to mitigate venture. For accredited investors and large fiscal institutions, Peerform is proud to announce a new asset class that currently outperforms the market average.

Peerform.com offers unsecured personal loans ranging from $ 1000 to $ 25,000 with interest rates that range from 4.565 to 27.08% to customers in the following locations: California, Connecticut, Florida, Georgia, Illinois, Louisiana, Maryland, Michigan, Missouri, Ohio, Virginia, and Washington.

About Peerform
Peerform is the smart way to borrow money. Peerform is the newest entrant in the rapidly emerging social (or peer-to-peer) lending & borrowing market.  Our online platform manages loans between lenders and borrowers. For more information, visit http://www.peerform.com.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Related Consolidate Loans Press Releases

Trade Payments Index Reaches Historic High for Q3 2011 Small Business Hates Debt – the Destocking Continues

New York, NY (PRWEB) October 31, 2011

Smyyth Credit Services, a leader in business credit risk and accounts receivable services, has released its Bernard Sands 2011 Q3 Aggregate Payment Quality Index (PQI).

The Aggregate PQI shows that B2B accounts receivable trade payments have recovered from a crisis-era low of PQI 68 in May 2008, to a high of PQI 81 in September 2011, which is a recent record.

The Bernard Sands PQI measures the probability that a trade creditor will collect its money within its terms of sale on a scale of -hundred (100= perfect). A PQI of 81 is a Recent record high and as near to optimum as we can imagine in the real economy. Further emphasizing the point, anecdotal information from commercial collection agencies indicates that accounts placed for collection in 2011 are down over 20% from 2010, and down even more from 2008-9.
Small Business Has Decided it Hates Debt

Businesses (like consumers) continue de-leveraging, and taking a cautious approach to business and avoiding debt, an attitude that will have negative impact on the prospects for a near term recovery in the US. This becomes even more significant if we consider that well over 65% of the U.S. economy is powered by domestic consumption. For at least the last three decades, consumer credit debt has been among the primal drivers of economic growth, a sheered that has complete.

The Bad News

What can be inferred from these payment metrics? We may conclude that (i) the recession put many marginal mom and pop companies out of business, (ii) business creditors are watching their receivables more closely, and (iii) business buyers have scaled back their usual optimistic expectations, and are stocking inventory only within their means to pay on time. If this caution is the new normal for business, the US economy could be flat-lined at this level for some time.
During times of economic softness, consolidations and shakeouts occur across industries. This tends to be more pronounced in the retail sector. The effect on mom and popular companies has been particularly direct, as weakened consumer spending, tight access to business credit, economic uncertainty relative to taxes and healthcare cost among other things, has pushed businesses to be a lot more focused in managing their debt, with better working capital management, especially inventories.

Comparing these results with the Federation of Credit Credit Management Confidence Survey shows with little optimism for 2012.

The “Sort of” Good News

While above average promptness in trade payments may, perversely, be an indicator of a moribund economy, this condition also offers buyers a reserve of goodwill with creditors and the ability to unilaterally increase working capital to jump start growth. What we mean is that a buyer can slow down payment of accounts payable and gain immediate supplier-provided, interest free financing for expansion, should the sentiment-signal turn from yellow to green. US wholesale sales are roughly $ 420 Bn a month, resulting in trade payables in the $ 500 Bn range. Slowing accounts payable from, say, 30 days to 33 days (10%) would produce working capital of $ 50 Bn to fund buyer growth.

Unfortunately, this strategy is zero-sum, as it causes the opposite working capital effect for the creditor. However, suppliers can more easily fund or borrow to cover slower receivables when new orders are increasing. Also, suppliers (manufacturers) are often better capitalized and have more borrowing capability than their thousands of smaller buyers, leaving it up to the suppliers in this manner to finance the supply chain if they want to grow their businesses.

About Smyyth

Founded in 1906, Smyyth provides state of-the-art Order-to-Cash Services, Technology and Credit Risk Mitigation.This includes credit management systems, information, scoring, and credit insurance; accounts receivable management and collection services. Six Sigma principles and SAS 70 Certified. Bernard Sands LLC, a Smyyth affiliate, is a leading credit ratings agency with a specialty in consumer goods and retail.

The Bernard Sands Payment Quality Index (PQI) is a weighted and seasonally adjusted index derived from Smyyth Networks’ credit-cloud trade payments database of over 100 Million payment experiences.

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Hancock Bank Selects SunGard’s Ambit Credit Risk Management Solution Suite

Gulfport, MS (PRWEB) October 31, 2011

Hancock Holding Company (HBHC), a commercial bank giving company offering personal and business banking services with over US$ 20 billion in assets, has selected SunGard’s Ambit Credit Risk Management solution suite. The bank will use Ambit Credit Assessment for comprehensive credit risk assessment and Ambit Credit Portfolio Monitoring for existent-time supervising of risk across Hancock Holding Company’s assorted portfolios and sub-portfolios. The solution will assist Hancock meliorate credit risk analytics for raised asset quality forecasting.

SunGard’s Ambit Credit Risk Management will help the bank streamline its approach to assessing the creditworthiness of commercial lending products including Commercial & Industrial (C&I), Commercial Real Estate (CRE) and small business loans. This will help the bank improve underwriting efficiency and enterprise-wide risk management. The solution suite will also facilitate the consolidation of disparate data sources, and apply an integrated risk rating framework for better visibility into the loan portfolio. Finally, Ambit Credit Risk Management will enhance the bank’s relationship management capabilities to help make it easier for Hancock to take advantage of cross selling opportunities.

Hancock senior vice president and senior credit administration officer, Mike Dickerson, said, “Hancock’s selection of SunGard’s Ambit Credit Risk Management helps the bank implement greater credit portfolio control and analytics. Ambit Credit Assessment and Ambit Credit Portfolio Monitoring will facilitate a holistic, standardized approach to enhanced portfolio analytics, real-time multiple variable stress testing, loan approvals, and ongoing credit compliance within the company’s commercial line of business. This investment represents Hancock’s ongoing commitment to growing the company safely while fostering upside scalability and confidence in our credit risk management processes.”

Andreas Hug, chief operating officer of SunGard’s Ambit Risk & Performance Management business unit, said, “SunGard’s Ambit Credit Risk Management helps banks increase the strength of their risk-adjusted performance analytics. From assessing the creditworthiness of loans and enhancing the bank’s relationship management capabilities, to helping improve transparency into the loan portfolio, the solution suite helps banks better understand their risk and make more informed lending decisions.”

About Hancock Holding Company
With assets of about $ 20 billion, Hancock Holding Company, Inc., (Nasdaq: HBHC) is the parent company of Hancock Bank and Whitney Bank, institutions founded more than a century ago on ideals of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility.

The company operates almost ccc full-service bank branches and nearly 400 ATMs across a Gulf South corridor spanning South Mississippi; southern Alabama; South central Louisiana; the northerly, central, and Panhandle regions of Florida; and metropolitan Houston, Texas. The Hancock Holding Company financial services family also includes Hancock Investment Services, Inc.; Hancock Insurance Agency and its divisions of J. Everett Eaves and Ross King Walker; Magna Insurance Company; Southern Coastal Insurance Agency, Inc.; corporate trust offices in Gulfport and Jackson, Miss., New Orleans and Baton Rouge, La., and Orlando, Fla.; and Harrison Finance Company.

Investors and customers can access more information about Hancock Holding Company, Hancock Bank, and e-Banking at http://www.hancockbank.com. Details about Whitney Bank and online banking are available at http://www.whitneybank.com.

About SunGard’s Ambit
SunGard’s Ambit is a banking solution suite for retail, commercial and private banks. It provides banking professionals with solutions that support front-, middle- and back-office operations, as well as solutions for financial management, risk and performance. Ambit helps banks retain and acquire customers, improve staff efficiency and effectively measure and allocate their capital. For more information, visit http://www.sungard.com/ambit.

About SunGard
SunGard is one of the world’s leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managing IT services, information availability consulting services and business continuity management software. With annual revenue about $ 5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, visit http://www.sungard.com

Trademark Information: SunGard, the SunGard logo and Ambit are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

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, Vocus PRW Holdings, LLC. Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.