Payday loans have been in the USA for some time now; indeed, there are many payday USA companies up and down the United States. The fact is that payday loans are not a new form of credit that people can use. They are actually a method of lending that have been around for some time – the use of the words ‘instant payday loans’ or ‘payday loans online’ are just verbs to describe the process of this unsecured from of credit lending. Looking to the past and the origins of payday loans one can see that there has been a plethora of unsecured loans, many of which come under different guises from as long ago as the 19th Century!
This is a question that we get asked many times here at USA Payday Loans. There is a section on our payday loans application form that requests some of the details of an employer – this does not however automatically mean that a payday loan lender would contact your employer. The reason for requesting this information is for the lender to confirm that a person is employed. This is one of the main factors in the payday loans online lending industry – corroborating an applicants employment status to ensure that he or she has the means to repay the payday loan.
Cost of finance is incorporated in the discount rate which we use to calculate for present valule of cash flow. Lets have a example on the scenerio which you establish. assumed machine is finance fully from bank loan and the bank interest rate is 22% and that ultimately becomes your discount rate. After taking account interest and loan repayment you will have following NPV.
Loan Y1 RtLoans = 300.0
Interest @ 22% 66.0
Balance at Y1 166.0
Interest @ 22% 36.5
Balance at Y2 2.5
Discount @ 0.6718 1.7
Now furhter reconcile the same via making following table:
Year 01 Year 02
Cash Inflows 1,000 1,000
Cost of Maching (300)
Marketing expense (300) (300)
Other expense to sell (500) (500)
Net Inflow 200 200
Discount Factor 0.8196 0.67186
So, you dont need to incorprate any interest payment or principle repayment in cash outflows.
your boyfriend has signed up with a company that still manufacturers known harmful ingredients in their personal care and beauty products. You should be happy that you are not using them. It is very difficult to convince MLM’rs about the dangers of the chemicals in their products., they all feel their company is behind them and would never allow known carcinogens in any of their products.
If your boyfriend is truly involved with Amway and wants to try to make it as a business, you are better off without him and find someone else who thinks more on the healthy tract. Amway products are not healthy, read the facts on the chemicals.
Haha people. my boyfriend of 4.5 years has decided to break up with me. ever since he’s joined amway there’s been an existing tension i guess, like he said when he finds new prospects i can no longer be ‘genuinely happy for him’, and we belong to different lives now, different futures. i’m terribly sad and i just want to know if there’s been anyone out there who experienced this. also, i dont know if i should wait for him, to wake up from this dream. i really care alot about him and i really do (always have) envisioned a future with him. i guess i just want to ask if anyone went through this, and how they dealt with it, and if this means it should be the end.
One point you can take, if she continues, is to point out she’s more worried about people hearing what you say than about the content of what you say. That seems to indicate she can’t find proof to back her statements and is scared of the truth.
Also, it seems like she’s become quite skilled at the art of cognitive dissonance.
If a product is involved, can a reasonable amount of money be generated by the sale of the product alone? If sales cant generate enough money to keep one person afloat how will it generate money for others?
The simple answer is they wont
The introduction of a “product ” is the key to bypassing the legality issue in the TLT game.
Without a product the TLT model is definately an illegal pyramid scheme.
I believe TLTs really should not be legal because the product is secondary to the recruitment aspect, and is really only there as a decoy.
Carnival pitchmen always have the big stuffed animals on display which lures the suckers in and keeps them spending money on the “idea” that they can win.
The product in TLTs does the same thing.
Also these days instead of snake oil most TLTs involve “health products”
If the product being peddled was something that is tangible, like a kitchen gadget or a vacuum cleaner, people could clearly judge its quality, or its effectiveness.
But if its something like “healthy’ chocolate,a leap of faith is involved on behalf of the buyer,as there is little or no empirical evidence if or how well these products work.
Healthy chocolate skates real close to the edge as some research has been done which shows dark chocolate does have some health benefits.
But there is nothing to prove that the very expensive chocolate peddled by Xocai is any better than any other dark chocolate.
The company claims that their chocolate is “cold pressed” so it has more “flavonoids” or something.. I looked high and low for proof that there is a process of “cold pressing” and could find nothing.
But it sounds good on paper.
Last I would hope people are working at getting TLTs outlawed.
Utah is headquarters for most of these schemes because they allow it to flourish. Pressure needs to be put on politicians in Utah who look the other way, and I think TLTs should be banned across the country.
With this long running ‘recession ” or “depression” or whatever the economists want to call it,many desperate people have been lured in and seriously hurt by TLTs.
It has really taken a toll of families and society as a whole.
You probably can’t book any of these great deals anyway, or they have a ton of extra fees. I would caution anyone away from assuming that just because there is a product involved, it’s not a pyramid scheme. Most MLMs are actually pyramid schemes in disguise. If there’s little or no retailing of the product, then it’s just a disguise for transfer of money, because in that scenario, a person can only make money from recruiting others. And a scheme where you make money for recruiting others in an endless chain is by definition a pyramid scheme.