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The Loan Shark Problem in the Southeastern States
THE LOAN SHARK PROBLEM IN THE SOUTHEASTERN STATES WILLIAM HAYS SIMPSON* Because of the increase in problems associated with the business of money lending in the United States many of the states passed regulatory acts. The movement ex- tended to the Southeastern area where all states, including Alabama, Florida, Georgia, Louisiana, Mississippi, Maryland, North Carolina, South Carolina, Tennessee, Vir- ginia, and West Virginia, enacted legislation which established legal interest rates. " These rates varied slightly, with all states now limiting the annual rate to 6 per cent except Georgia and Florida where interest rates were set at 7 and 8 per cent re- spectively. While 6 per cent per annum is the maximum contract rate in Maryland, North Carolina, Tennessee, Virginia, and West Virginia, the rate in writing is 7 per cent in South Carolina, 8 in Alabama, Georgia, Louisiana, and Mississippi, and io per cent in Florida. The civil penalties imposed in actions on usurious contracts of course vary in the -different states. Louisiana law contains no provision for civil penalties but in West Virginia, Virginia, Tennessee, and Maryland forfeiture of excess over legal rate may be had through legal action while forfeiture of all interest is provided for in the laws of Alabama, Florida, Georgia, Mississippi, South Carolina, and North Carolina. The laws of the latter state also provide for the forfeiture of double interest paid on loans made on household and kitchen furniture. No criminal penalties are provided for violation of the usury laws in Alabama, Louisiana, Mississippi, Maryland, Tennessee, Virginia, and West Virginia, but in Florida, Georgia, and North Carolina it is, under various circumstances, a mis- demeanor to make usurious charges. -
Financing Your Business Financial Options and Funding Sources
FINANCING YOUR BUSINESS Financial Options and Funding Sources 25 • Financing Options » SBA’s Loan Guaranty Programs 26 » Commercial Loans 29 » SBA Micro Lenders 29 30 • Funding Sources » Arizona’s Incentives, Programs and Grants 31 » Funding for Innovation and Technology Companies 32 While every effort has been made to ensure the reliability of the information presented in this publication, the Arizona Commerce Authority cannot guarantee the accuracy of this information due to the fact that much of the information is created by external sources. Changes/updates brought to the attention of the Arizona Commerce Authority and verified will be corrected in future editions. 3 The Access to Capital Academy presented by the Phoenix Community & Economic Development and Investment Corporation (PCDIC) – helps entrepreneurs learn how to approach potential lenders with confidence and an increased chance at securing loans. 24 AZ EE FINANCING OPTIONS FI NAN CI NG YOUR There are several sources to consider when looking for three years of business tax returns, etc.) and financing. It is important to explore all of your options prospective (projections) basis. before making a decision. Collateral – property pledged by a borrower to protect the interest of the lender. By putting up collateral, you B The primary source of capital for most new businesses US show that you are committed to the success of your come from personal savings and other forms of personal I NESS resources such as friends and family, when starting out. business. While credit cards often are used to finance business A financial institution avoids making loans without needs, there may be better options available, even for F collateral. -
Labour and the Struggle for Socialism
Labour and the Struggle for Socialism An ON THE BRINK Publication WIN Publications Summer 2020 On the Brink Editor: Roger Silverman, [email protected] Published by Workers International Network (WIN), contact: [email protected] Front cover photo: Phil Maxwell Labour and the Struggle for Socialism By Roger Silverman From THE RED FLAG (still the Labour Party’s official anthem) The people’s flag is deepest red, It shrouded oft our martyred dead, And ere their limbs grew stiff and cold, Their hearts’ blood dyed its every fold. CHORUS: Then raise the scarlet standard high. Beneath its shade we’ll live and die, Though cowards flinch and traitors sneer, We’ll keep the red flag flying here. With heads uncovered swear we all To bear it onward till we fall. Come dungeons dark or gallows grim, This song shall be our parting hymn. A Turning Point The recently leaked report of the antics of a clique of unaccountable bureaucrats ensconced in Labour headquarters has sent shock waves throughout the movement. Shock – but little surprise, because these creatures had always been in effect “hiding in plain sight”: ostensibly running the party machine, but actually hardly bothering to conceal their sabotage. All that was new was the revelation of the depths of their venom; their treachery; their racist bigotry; the vulgarity with which they bragged about their disloyalty; their contempt for the aspirations of the hundreds of thousands who had surged into the party behind its most popular leader ever, Jeremy Corbyn. They had betrayed the party that employed them and wilfully sabotaged the election prospects of a Labour government. -
Swivel-Eyed Loons Had Found Their Cheerleader at Last: Like Nobody Else, Boris Could Put a Jolly Gloss on Their Ugly Tale of Brexit As Cultural Class- War
DOWNLOAD CSS Notes, Books, MCQs, Magazines www.thecsspoint.com Download CSS Notes Download CSS Books Download CSS Magazines Download CSS MCQs Download CSS Past Papers The CSS Point, Pakistan’s The Best Online FREE Web source for All CSS Aspirants. Email: [email protected] BUY CSS / PMS / NTS & GENERAL KNOWLEDGE BOOKS ONLINE CASH ON DELIVERY ALL OVER PAKISTAN Visit Now: WWW.CSSBOOKS.NET For Oder & Inquiry Call/SMS/WhatsApp 0333 6042057 – 0726 540141 FPSC Model Papers 50th Edition (Latest & Updated) By Imtiaz Shahid Advanced Publishers For Order Call/WhatsApp 03336042057 - 0726540141 CSS Solved Compulsory MCQs From 2000 to 2020 Latest & Updated Order Now Call/SMS 03336042057 - 0726540141 Politics Among Nations: The Struggle for Power & Peace By Hans Morgenthau FURTHER PRAISE FOR JAMES HAWES ‘Engaging… I suspect I shall remember it for a lifetime’ The Oldie on The Shortest History of Germany ‘Here is Germany as you’ve never known it: a bold thesis; an authoritative sweep and an exhilarating read. Agree or disagree, this is a must for anyone interested in how Germany has come to be the way it is today.’ Professor Karen Leeder, University of Oxford ‘The Shortest History of Germany, a new, must-read book by the writer James Hawes, [recounts] how the so-called limes separating Roman Germany from non-Roman Germany has remained a formative distinction throughout the post-ancient history of the German people.’ Economist.com ‘A daring attempt to remedy the ignorance of the centuries in little over 200 pages... not just an entertaining canter -
Personal Vs. Business Credit
The Keys to Successful Small Business Ownership, Finance and Credit™ Client Curriculum - Personal vs. Business Credit Small Business Owner Financial With financial support from: Education brought to you by: Sharpen Your Financial Focus® The Keys to Successful Small Business Ownership, Finance and Credit™ National Foundation for Credit Counseling® (NFCC®) - Small Business Owner Counseling Program Client Workbook Version 6.0 March 26, 2018 INTRODUCTION Welcome! It is our goal you find this material helpful as it was hand selected to address some of the most common challenges faced by the self-employed or small business owners. We aim for this content to complement budget counseling sessions for people like you engaged with a member agency of the National Foundation for Credit Counseling® (NFCC®) across the U.S. Whether you just started on a self-employment journey, have a business on the side or have dreams of serving millions, you are important to our national economy and local community by creating a job for yourself or others. It is our hope this program empowers you to make informed decisions about being self-employed and a small business owner by providing you access to a NFCC counselor, information, resources, and tools. As you develop a greater understanding of personal and business finance best practices, you can choose the best course of action to meet your goals. We would like to thank and acknowledge TD Bank, America’s Most Convenient Bank®, and the TD Charitable Foundation, the charitable giving arm of TD Bank, for their support of the NFCC Small Business Owner Financial Counseling and Education Program supporting Small Business Owner Financial Wellness. -
Can I Qualify for a Business Loan SBDC
Can I Qualify for a Business Loan? Whether you are applying for an SBA loan or a traditional bank loan, there are certain factors that improve your ability to obtain financing. This self-test is designed to assist you in understanding important issues that lenders consider when making a decision on a small business loan. Do you have a good personal credit history? Research indicates that good personal credit history is one of the most important factors in identifying borrowers that will repay their business loans. When a lender makes a decision on a small business loan, he/she will consider the personal credit history of the borrower. A bad credit history can be the basis for denial for a small business loan. a) If you do not have a recent credit report, find out about ordering one by go to the following web site: http://www.ftc.gov/freereports You can also contact the individual organizations: TransUnion (www.transunion.com), Experian (www.experian.com), or Equifax (www.equifax.com). If you have credit problems but they can be explained by a one-time incident such as a medical problem, provide specific information, as an addendum to your loan proposal, to a potential lender about the problem and how it has been rectified. b) If you have filed for bankruptcy in the past 7 years (10 yrs for an SBA loan), or have slow payments, collections, etc. then it may be difficult to obtain financing now. If your poor credit history can be explained by a particular incident, supply information on the situation and how you attempted to repair past credit problems. -
Tax Evasion, Income Inequality and Opportunity Costs of Compliance
Tax Evasion, Income Inequality and Opportunity Costs of Compliance Kim M. Bloomquist Senior Economist Internal Revenue Service Office of Research Washington, D.C. Paper presented at the 96th Annual Conference of the National Tax Association Drake Hotel Chicago, IL November, 2003 Abstract – This paper argues that widening income inequality contributes to the propensity to evade by both reducing the probability of detection and increasing compliance opportunity costs. Lower detection probability occurs as rising inequality gradually alters the composition of income from being employment-based (i.e., matchable) to investment-based (i.e., non-matchable). Greater economic polarization also increases the financial strain on many former middle-class taxpayers, thus raising their opportunity cost of compliance. In addition, the compliance opportunity costs for wealthy taxpayers also could increase if they perceive a growing exchange inequity between their tax burdens and public sector benefits. This paper tests the hypothesis that rising income inequality contributes to tax evasion in the United States. Empirical analysis for the period 1947-2000 finds a positive correlation between the underreporting rate for wage and salary income and the top decile wage share. This finding suggests that enforcement policies aimed at reducing income tax evasion may lose some effectiveness in an environment of increasing inequality. Tax Evasion, Income Inequality and Opportunity Costs of Compliance INTRODUCTION If asked to identify a single indicator that best described the overall condition of the U.S. economy in recent decades, a measure of income inequality would likely be among the top candidates. A recent study by Piketty and Saez (2001) finds that between 1970 and 2000 the share of income (not including capital gains) reported by the top decile of U.S. -
Adhering to Our Views: Brennan and Marshall and the Relentless Dissent to Death As a Punishment
Florida State University Law Review Volume 22 Issue 3 Article 1 1995 Adhering to Our Views: Brennan and Marshall and the Relentless Dissent to Death as a Punishment Michael Mello [email protected] Follow this and additional works at: https://ir.law.fsu.edu/lr Part of the Law Commons Recommended Citation Michael Mello, Adhering to Our Views: Brennan and Marshall and the Relentless Dissent to Death as a Punishment, 22 Fla. St. U. L. Rev. 591 (1995) . https://ir.law.fsu.edu/lr/vol22/iss3/1 This Article is brought to you for free and open access by Scholarship Repository. It has been accepted for inclusion in Florida State University Law Review by an authorized editor of Scholarship Repository. For more information, please contact [email protected]. FLORIDA STATE UNIVERSITY LAW REVIEW ADHERING TO OUR VIEWS: BRENNAN AND MARSHALL AND THE RELENTLESS DISSENT TO DEATH AS A PUNISHMENT Michael Mello VOLUME 22 WINTER 1995 NUMBER 3 Recommended citation: Michael Mello, Adhering to Our Views: Brennan and Marshall and the Relentless Dissent to Death as a Punishment, 22 FLA. ST. U. L. REV. 591 (1995). ADHERING TO OUR VIEWS: JUSTICES BRENNAN AND MARSHALL AND THE RELENTLESS DISSENT TO DEATH AS A PUNISHMENT MICHAEL MELLO* I. INTRODUCTION ..................................................... 592 A. Capital Punishmentand the Modern Court: An Overview ..................................................... 593 B. The Evolving Law of Death: "The Supreme Court's Obstacle Course" .............................. 598 II. LEGITIMACY IN HISTORY ......................................... 606 A. The Supreme Court: "Nine Scorpions in a Bottle" .................... .................................. 606 B. Early History of Dissent ................................. 607 1. Seriatim Opinions..................................... 607 2. Early "Opinions of the Court"--andEarly Dissents ................................................ -
Recent Cases
Vanderbilt Law Review Volume 23 Issue 4 Issue 4 - May 1970 Article 7 5-1970 Recent Cases Law Review Staff Follow this and additional works at: https://scholarship.law.vanderbilt.edu/vlr Part of the Administrative Law Commons, Constitutional Law Commons, and the Intellectual Property Law Commons Recommended Citation Law Review Staff, Recent Cases, 23 Vanderbilt Law Review 809 (1970) Available at: https://scholarship.law.vanderbilt.edu/vlr/vol23/iss4/7 This Note is brought to you for free and open access by Scholarship@Vanderbilt Law. It has been accepted for inclusion in Vanderbilt Law Review by an authorized editor of Scholarship@Vanderbilt Law. For more information, please contact [email protected]. RECENT CASES Accountants-Auditors-Compliance with General Accounting Principles Not a Complete Defense To Criminal Fraud Defendants' are members of a certified public accounting firm which was retained annually by Continental Vending Corporation (Continental) to audit its financial statements. While conducting a yearly audit, defendants learned that an affiliated company, Valley Commercial Corporation (Valley),2 was not in a position to repay its debt 3 to Continental. .The president of Valley, however, offered to secure the debt personally. Defendants determined that if adequate collateral' was posted, Continental's statements could be certified without reviewing Valley's books.5 The collateral was obtained,, its value was confirmed,7 and the receivable was entered on the balance sheet8 subject to an explanation in a footnote.' The statements were 1. Defendants are a senior partner, a junior partner, and a senior associate in the national accounting firm of Lybrand, Ross Bros. -
The Arundel Business Loan Fund
Anne Arundel Economic Development Corporation Economic Development Revenue Bonds The ABL Fund is a viable non-bank alternative source of financing ready and Anne Arundel County encourages private- able to assist small businesses in Anne sector financing for economic development Arundel County. The ABL Fund’s partners projects through the issuance of private are: the U.S. Small Business Administration, The Arundel Business activity revenue bonds. Tax-exempt bonds the Maryland Industrial Development Loan Fund Financing Authority (MIDFA), The Maryland provide access to long term capital markets an SBA Lender for fixed-asset financing at tax-exempt Small Business Development Financing rates. Federal tax law limits eligibility to Authority (MSBDFA) and 19 banks Guidelines for a Small Business Loan • Bank of America • Bay Bank • Branch Banking & Trust (BB&T) • Essex Bank • First Mariner Bank • First National Bank • M&T Bank • Old Line Bank • PNC Bank manufacturing facilities, 501(c)(3) non- • Howard Bank profit organizations, and certain energy • Revere Bank projects. Additional limitations apply, • SECU depending on the specific transaction. • Sandy Spring Bank • Severn Savings Bank Most importantly, you have a • SunTrust Bank resource at AAEDC. Contact us • TD Bank with questions and for details. • The Bank of Glen Burnie • The Columbia Bank The Anne Arundel Economic Development Corporation mission is to serve business needs and to increase Anne Arundel County’s economic base through job growth and investment. For more information about the -
FFMSR-6 Guaranteed Loan System Requirements
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S Revolution! the Battleplan Against the NWO! by Thomas Eidsaa Last Edited 13.04.2020 a Compilation of Articles, Read Alongside Internet
1 2 The People`s Army`s Revolution! The battleplan against the NWO! By Thomas Eidsaa last edited 13.04.2020 A compilation of articles, read alongside internet. Exposing and defeating the black magic NWO! I wish you a happy revolution! Be careful! We are not fighting an armed conflict but an infowar. ¨Peace love anarchy!¨ PS! My Christian book series are national-conservative and religious conservative. This book is more liberal, dedicated to why we need a revolution and the few ways of actually achieving revolution. Cover and all writing by Thomas Eidsaa copyright 2019. No part in this publication may be used or transmitted in any way without the expressed written consent of the publisher, except for short excerpts for the use in reviews. 3 Other books by Thomas Eidsaa: The GRRRRR book-series, or The Great Romantic Revivalist`s Reformation Revolution Renaissance series, is a an eye-opening Christian series which detail all my research into Christianity, neo- charismatic theology, apologetics, ontological arguments, the problem of evil, eschatology, and conspiracy theories of great importance every Christian needs to understand. It is a work aimed at waking you up and expose the evil you never thought existed. What you don`t know can still kill you. It is a guide, and compendium of important topics relating to the radical, Christian faith in the dangerous, unpredictable 21st century death of Europe. I take the reader on an amazing journey – uniting 1st century Nazarene knowledge with 21st century science, theology and societal problems. I personally believe the knowledge therein will create peace on Earth.