Day: September 12, 2020

Man with autism told to pay $4,442 to get $1,750 after 3 years with Spring Financial loan



a man wearing glasses and standing in front of a brick wall: Sebastien Vienneau says he repeatedly told Spring Financial, an online lender, that he had autism and needed more time to review his loan contract. But the company didn't budge, he says.


© Photo courtesy of Sebastien Vienneau
Sebastien Vienneau says he repeatedly told Spring Financial, an online lender, that he had autism and needed more time to review his loan contract. But the company didn’t budge, he says.

For seven months, Sébastien Vienneau, 20, says he paid around $120 a month for a personal loan with online lender Spring Financial, which he hoped would help boost his credit score. But for the more than $840 that came out of his account, he received no money upfront.

Woodstock, Ont.-based Vienneau had signed up for a so-called savings loan, which requires regular payments but provides no cash advance. While the lenders who offer these financial products say they’re meant to help people improve their creditworthiness, the loans often come with high interest rates and steep fees.

Global News has previously spoken to two borrowers from the same lender who say they didn’t completely

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Miami-Dade mulling later curfew and more business reopenings amid fewer COVID cases

A little more than a week after allowing indoor dining at restaurants to resume and coming out of a holiday weekend, Miami-Dade Mayor Carlos Gimenez’s administration is preparing to push the countywide curfew back to 11 p.m. and lift organized sports restrictions at parks.

Citing a steady decrease of positive COVID-19 cases and hospitalizations, Gimenez also said more businesses could soon reopen, including movie theaters.

“We wanted to get past Labor Day,” Gimenez said during an interview Tuesday morning on WIOD News Radio. “This week we should be opening up more and more of our businesses.”

The mayor and Congressional candidate also suggested bars and nightclubs may not reopen in Florida’s most populous county until there is a vaccine for the novel coronavirus. A mandate on facial coverings in public is also likely to remain in place until then.

Gimenez and other municipal elected officials have echoed medical experts

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U.S. job growth loses speed as fiscal stimulus ebbs

By Lucia Mutikani

WASHINGTON (Reuters) – U.S. employment growth slowed further in August and permanent job losses increased as money from the government started running out, raising doubts on the sustainability of the economy’s recovery from the deep COVID-19 recession.

Nearly a fifth of the job gains reported by the Labor Department on Friday were from the government’s temporary hiring for the 2020 Census. While the unemployment rate fell below 10%, it was biased down by a continuing misclassification problem.

The slowdown pressures the White House and Congress to restart stalled negotiations for another fiscal package and is likely to become political ammunition for both Democrats and Republicans with just two months to go until the presidential election.

“The labor market has entered a frustratingly slower second phase of the recovery,” said Lydia Boussour, a senior U.S. economist at Oxford Economics in New York. “With one in two laid-off workers

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Catastrophe Insurance Market Size, Share, by Global Major Companies Profile, Competitive Landscape and Key Regions 2025 Research Reports World

The MarketWatch News Department was not involved in the creation of this content.

Aug 31, 2020 (The Expresswire) —
Global “Catastrophe Insurance Market” (2020-2025) examines the effect of different Factors affecting the market development and drivers, further reveals insight into market outline, key producers, key received by them, size, most recent patterns and types, income, net edge with provincial investigation and conjecture. This report likewise contemplates the worldwide Catastrophe Insurance market status, rivalry scene, market share, development rate, future patterns, market drivers, openings and difficulties, deals channels and wholesalers. Territorially, this report orders the creation, clear utilization, fare and import of Catastrophe Insurance in North America, Europe, China, Japan, Southeast Asia and India.

Get a sample PDF of the report at –https://www.researchreportsworld.com/enquiry/request-sample/16278141

The global Catastrophe Insurance market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2025. In 2020, the market

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Philippines Central Bank Adopts Policy of Active Gold Trading

(Bloomberg) — The Philippine central bank is shifting to active gold trading as the monetary authority seeks to better manage the country’s international reserves, Governor Benjamin Diokno said on Saturday.



Gold casting grain sits inside a glass container at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co. (UMMC), in Verkhnyaya Pyshma, Russia, on Thursday, July 30, 2020. Gold surged to a fresh record Friday fueled by a weaker dollar and low interest rates. Silver headed for its best month since 1979.


© Bloomberg
Gold casting grain sits inside a glass container at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co. (UMMC), in Verkhnyaya Pyshma, Russia, on Thursday, July 30, 2020. Gold surged to a fresh record Friday fueled by a weaker dollar and low interest rates. Silver headed for its best month since 1979.

The bank has moved from “passive” gold trading because of a change in the price dynamics of the metal, a new law that makes purchases of it from small miners more attractive and the country’s record-high reserves, Diokno said in a mobile-phone message to reporters.



Gold casting grain sits inside a glass container at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co. (UMMC), in Verkhnyaya Pyshma, Russia, on Thursday, July 30, 2020. Gold surged to a fresh record Friday fueled by a weaker dollar and low interest rates. Silver headed for its best month since 1979.


© Bloomberg
Gold casting grain sits inside a glass container at the Uralelectromed Copper Refinery, operated by Ural Mining

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