Day: September 23, 2020

Should You Take a Personal Loan to Pay Rent?

When gaps in income occur, such as through a loss of employment, your rent bill can be the most difficult to pay because it’s often your largest expense. In these situations, a personal loan for rent may seem like a feasible short-term fix.

But personal loans are an expensive way to pay rent, and there are cheaper options such as local assistance available to renters that should be sought out first.

Should I take a personal loan to pay rent?

Using a personal loan to pay your rent should be your last option.

Taking a loan adds debt, sometimes with high interest that can cost more than monthly rent payments.

Your credit score may drop if you miss loan payments.

Taking a loan for rent should only be done if you’re certain you can repay the loan in a short amount of time.

Consider other options first, including talking to

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Cracks start to show in UK jobs market as unemployment rises

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Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50%

Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a more pessimistic outlook had been vindicated, but the firm believes stocks can still climb higher.According to Goldman Sachs’ head of U.S. equity strategy, David Kostin, the S&P 500 could still hit 3,600 by the end of the year, and 3,800 by mid-2021, on the back of vaccine-related optimism and progress with the economic reopening. This would reflect gains of 10% and 16%, respectively, should the index ultimately reach these targets.“Despite the sharp sell-off in the past week, we remain optimistic about the path of the U.S. equity market in coming months. The Superforecaster probability of a mass-distributed vaccine by Q1

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An Austin ER charged its employee’s insurance $11,000 for a COVID-19 test

When Dr. Zachary Sussman went to Physicians Premier ER in Austin for a COVID-19 antibody test, he assumed he would get a freebie because he was a doctor for the chain. Instead, the free-standing emergency room charged his insurance company an astonishing $10,984 for the visit — and got paid every penny, with no pushback.

The bill left him so dismayed he quit his job. And now, after ProPublica’s questions, the parent company of his insurer said the case is being investigated and could lead to repayment or a referral to law enforcement.

The case is the latest to show how providers have sometimes charged exorbitant prices for visits for simple and inexpensive COVID-19 tests. ProPublica recently reported how a $175 COVID-19 test resulted in charges of $2,479 at a different free-standing ER in Texas. In that situation, the health plan said the payment for the visit would be reduced

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Yes Bank shares fall 2%; Kotak reinstates coverage with a sell call



a screen shot of a computer: Yes Bank shares fall 2%; Kotak reinstates coverage with a sell call


© Nishant Kumar
Yes Bank shares fall 2%; Kotak reinstates coverage with a sell call

Shares of Yes Bank fell over 2 percent in intraday trade on BSE on September 16 and looked on course to extend the losses into the second consecutive session.

Brokerage firm Kotak Institutional Equities has a ‘sell’ call on the stock with a target price of Rs 10.

“We reinstate coverage on Yes Bank with a sell rating and fair value of Rs 10. The bank has stabilised its key business operations and is on the path to recovery. However, this recovery is unlikely to be easy as the bank has the challenging task of rebuilding confidence and deliver RoE through an asset mix where competence is untested,” Kotak said.

As per the brokerage, execution risk leading to a delayed recovery in return ratios is high while valuations leave limited room for disappointment.

“At our

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