Day: September 14, 2020

Can I Change The EMI Date On My Personal Loan?

Q. Hi! I work with a private company which credits the salary on the 15th of every month. I have taken a personal loan last month for which the equated monthly instalment (EMI) date has been set as the 7th of every month. I forgot to check the EMI date while taking the loan. Paying EMIs on 7th may get financially taxing for me going forward. Is it possible to get the EMI date changed? Please help. Gurpreet Singh

A. Hi Gurpreet! Your concern about the EMI date is valid. It gets tough for a salaried individual to arrange for funds late in the salary cycle. EMIs are a mode through which funds are automatically debited from your account to your loan account on a date agreed upon with your lender every month.

Changing the EMI date is possible but hinges on your lender’s policies and your loan’s terms and

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Soccer-Century-maker Ronaldo sets sights on international scoring record

By Philip O’Connor

STOCKHOLM, Sept 8 (Reuters)Cristiano Ronaldo has set his sights on Ali Daei’s record of 109 international goals following a double in Portugal’s 2-1 Nations League win away to Sweden that saw him reach 101 goals for his country since his debut in 2004.

Having missed Portugal’s Nations League opener against Croatia on Saturday with a toe injury, Ronaldo wasted no time on his return, scoring a first-half free kick and adding a second from open play in the 72nd minute to close in on Iranian Daei’s record.

“I managed to beat this milestone of 100 goals and now (I’ll go) for the record. It’s step-by-step. I am not obsessed because I believe the records come in a natural way,” Ronaldo said.

“When I had this problem in my toe I always knew that I could recover for this second game. I like to be

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Drones help insurance companies check damage in Cedar Rapids

CEDAR RAPIDS, Iowa (AP) — Insurance adjusters who descended on Cedar Rapids after the Aug. 10 derecho storm are using drones to check roofs and asking homeowners with less severe damage to take their own photos.

Some of this is due to the COVID-19 pandemic, which has reduced the number of experienced adjusters willing to travel. But the changes also help speed up claims and get repairs done sooner, company representatives said.

“Drones or aerial imaging helps them estimate the claims,” said Scott Hauptman, vice president for claims for Grange Insurance, of Columbus, Ohio, which is working with Integrity Insurance, of Appleton, Wis., to handle at least 500 storm-related claims in Cedar Rapids. “It’s as efficient as possible and helps them (adjusters) safeguard their health.”

Cedar Rapids officials told The Gazette on Wednesday that 140 buildings are too damaged to be occupied. Several hundred more have non-structural or cosmetic damage.

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Triangle tech companies move money to Black-owned M&F Bank


When William Spruill recently raised $3.5 million for his technology company Global Data Consortium, he began to think about where to park the company’s growing assets.

The choice was likely to be a large national bank, which could offer the best interest rates on the account. But after George Floyd’s killing in Minnesota in May, Spruill, one of the few Black CEOs in the Triangle’s tech scene, wanted his money to have more of an impact on local communities of color.

So, he opened an account at M&F Bank, a Durham-based bank that is one of the oldest Black-owned banks in the country. He ended up putting $3 million of his company’s money there, where he believes it’s more likely to be used in loans to other Black entrepreneurs and businesses.

Spruill didn’t stop there, though. After opening the account, he also challenged other members of the tech

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