NEW YORK - October 21, 2022 - (Newswire.com)

iQuanti: Many people use loans for emergencies and other unexpected expenses. Loans can help borrowers pay those off while offering predictable payments they can slide into their budgets. Fortunately, even borrowers with poor credit have several loan options to help them escape those financial troubles. This article will explain how to get a loan with poor credit so that poor-credit borrowers can get themselves out of a financial bind.

1. Get a loan designed for poor-credit borrowers

Many lenders offer loans designed for borrowers with poor credit. Many come with less strict credit score requirements, and lenders will consider additional factors like your income and employment history when deciding whether to approve you. 

For example, cash advances are small-dollar loans that can give poor-credit borrowers a few hundred dollars to cover expenses before their next payday.  With these loans, you can typically receive a few hundred dollars to cover expenses. Then, you'll repay the loan in two to four weeks, when you get your paycheck. 

Installment loans are another option for borrowers that need cash fast. These loans can give you a lump sum of money all at once that you can repay in fixed monthly payments, or installments. 

2. Use a co-signer to get a loan

A co-signer is someone who signs onto a loan with you, promising to repay the debt obligation if you end up missing payments or defaulting. Many borrowers look to close friends, family members, and other people they trust to co-sign their loans. That said, you must make sure your co-signer has a great credit score and history. If not, approval may still be a bit challenging.

3. Look to secured loans and credit cards

Secured loans require you to put down collateral, such as your car, a piece of jewelry, or a savings account, to get the loan. The lender can take this collateral if you default on your payments, reducing risk. As a result, lenders have more lenient criteria for secured loans. This can make it easier for poor-credit borrowers to get the funding they need.

Secured credit cards are similar. They require you to put down a cash deposit as collateral for the card. The amount of cash you put down becomes your credit limit. You can then borrow up to that credit limit and repay at your leisure. For example, if you put down $500 for a secured credit card, you can charge up to $500 on the card.

The bottom line

Poor-credit borrowers have several options for escaping tough financial situations. One of the main methods is to seek out a loan designed for poor-credit borrowers, such as cash advances and installment loans. Getting a co-signer can help as well if they have a solid credit score. That said, borrowers can also consider secured loans if they have collateral they are willing to put down. Regardless of the route you take, shop with multiple lenders to see who offers great rates so you can fit your loan into your budget.

Contact Information:
Keyonda Goosby
Public Relations Specialist
[email protected]
(201) 633-2125

Carolina Darbelles
Senior Public Relations Specialist
[email protected]
(201) 633-2125


Press Release Service by Newswire.com

Original Source: How Can Poor-Credit Borrowers Get Out of a Financial Bind?

Recognition Reinforces Company's Commitment to Quality Management Standards

MOUNT VERNON, N.Y. - October 21, 2022 - (Newswire.com)

Bona Fide Masks Corp.  (www.bonafidemasks.com), part of the Ball Chain Manufacturing Co., Inc. (Ball Chain) family of companies out of Mount Vernon, New York, is proud to announce that it has received ISO 9001:2015 certification from the International Organization for Standardization (ISO), an organization which has established a coordinated system of quality management standards.

After a rigorous evaluation process, Bona Fide Masks® is the first mask distributor to receive this industry distinction. The ISO vetting process includes all aspects of the company's business, including purchasing, supply chain integrity, logistics, delivery, infrastructure, testing, human resources, finance, and accounting. By seeking and earning IS0 9001 certification, Bona Fide Masks has underscored its unwavering commitment to its customers and its business partners, meeting and exceeding high-level international standards. The company remains committed to delivering premier products, using safe and sustainable processes. Operating under the ISO 9001:2015 standard helps ensure that Bona Fide Masks' customers receive authentic, high-quality products that meet or exceed strict standards.

"We worked closely with the ISO auditors during their thorough evaluation process, which resulted in the certification. As a mask distributor operating in a confusing marketplace, we are proud to be the trusted source for masks. We continue to invest back in our company, delivering on our brand promises to provide the highest-level products under an unmatched management program." - Chief Engineer and EVP, Val Taubner III. 

"Our ISO certification exemplifies that we have strong, clearly defined procedures in place in all our business areas to ensure that all masks that we purchase and then distribute are authentic. Our transparent, perpetual vetting model is unique in the mask industry. I want our customers to know that they can always trust us, and we will always conduct our business ethically. This accreditation solidifies our brand pledge and builds on our promises. We will continue to raise standards and expectations for our industry." - President, Bill Taubner.

Now certified under the ISO 9001:2015 standard, Bona Fide Masks is proud to join the one million+ companies and organizations, in over 170 countries, with ISO certification.

More about ISO:

Dating to 1946, the International Organization for Standardization (ISO) is an independent, non-governmental international organization with a membership of 167 bodies. It sets forth a framework of international quality management standards for entities committed to delivering products that consistently meet customer expectations. ISO audits are performed by a qualified, independent certifying body (www.iso.org).

More about Ball Chain Manufacturing Co., Inc. and Bona Fide Masks Corp.: 

The current owners' great-grandfather and grandfather started Ball Chain Manufacturing Co., Inc. (Ball Chain) in a small garage behind their home in the Bronx, NY. The company has been family-owned and operated since 1938. Ball Chain is now the world's largest manufacturer of ball chains (www.ballchain.com), seen on military dog tags, ceiling fans, handbags and light pulls, among many other goods. The company manufactures more than 3 million feet of product per week at its Mount Vernon, New York factory (all ball chains are made in the USA). Ball Chain is the exclusive supplier to the U.S. military for the iconic dog tag ID necklace worn by U.S. servicemen and women, and the company takes tremendous pride in everything it does.   

Originally a division of Ball Chain, Bona Fide Masks Corp. handles warehousing and distribution with the utmost focus, systematically employing proven, regimented processes and protocols, as supply chain security and transparency are its highest priorities. In this regard, Bona Fide Masks is proud to issue statements of authenticity, providing further confidence to its customers and reinforcing its commitment to supply chain integrity.

Contact Information:
Cristina Chianese
VP of Marketing & Strategy
[email protected]

Bill Taubner
President
[email protected]
914.664.7500
Related Images


Press Release Service by Newswire.com

Original Source: Bona Fide Masks Corp. Awarded ISO 9001 Certification, Becoming First Mask Distributor to Achieve Designation

The practice management event featured a keynote address from an industry legend, numerous business-building sessions, and networking opportunities galore.

MINNEAPOLIS - October 21, 2022 - (Newswire.com)

TruChoice Financial Group, LLC (TruChoice), one of the largest distributors of insurance products in the financial services industry, held its first annual Discover conference Oct. 12-14 at the JW Marriott Minneapolis Mall of America in Bloomington, Minnesota. More than 50 of TruChoice's financial professionals gathered to discuss best practices and learn from an assortment of speakers in sessions designed to provide a boost to finish 2022 strong.

"As the emcee for the event, I was able to see firsthand the idea-sharing and networking, and the excitement in the room as those lightbulb moments were occurring," said Jim Maietta, TruChoice's Chief Distribution Officer. "I'm excited to hear how attendees take the ideas they gathered and implement them in their practices." 

Discover '22 was kicked off by industry legend Tom Hegna, who also took the time to mingle with attendees at the opening night reception. Also taking the stage were successful peers who shared their stories, TruChoice's own trainers and speakers, and two major insurance carriers. On the second night of the event, the group was treated to a private event at the nearby aquarium, SEA LIFE at Mall of America.

"We set the bar high starting the event with Tom Hegna, who even the most experienced financial professional can learn from," said Scott Wheeler, TruChoice's Chief Marketing Officer. "But the rest of the lineup all hit it out of the park, too, with great presentations, and you could feel a renewed energy in the room as the event progressed. The feedback we've received so far is overwhelmingly positive, and we're excited to start looking ahead to Discover '23 next year."

For more information about TruChoice events, or to learn more about TruChoice, visit www.TruChoiceFinancial.com, or call 800.237.0263. TruChoice Financial can also be followed on LinkedIn, Twitter, and Facebook.

Contact Information:
Chris Cowan
Sr. Communications/Production Specialist
[email protected]
(678) 718-1951


Press Release Service by Newswire.com

Original Source: TruChoice Hosts Inaugural Discover Conference

NEW YORK - October 21, 2022 - (Newswire.com)

iQuanti: If you're looking for a way to help your budget, debt consolidation is worth considering. With this strategy, you roll multiple debts into a single payment, usually through a personal loan or credit card. Let's take a closer look at what debt consolidation can do for your budget and overall finances. 

Turn multiple payments into a single payment

It can be overwhelming to pay down different debts with multiple due dates. Debt consolidation simplifies the process. Once you consolidate your debt, you'll only have one payment to keep track of and budget for. For some people, this can feel like a weight has been lifted off their shoulders.

Lock in a lower interest rate

Are your debts from a time in your life when you had a poor track record with credit? If you've improved your credit history since then, you may be able to secure a lower interest rate when you consolidate your debt through a loan or credit card balance transfer, which can save on the lifetime cost of your debt. 

Improve your credit score

Another benefit of debt consolidation has to do with your credit score. If your credit utilization ratio is high due to maxed-out credit cards or lines of credit near their limit, a consolidation loan can reduce your credit utilization ratio or how much of your available credit you're using. You may also see an increase in your credit score. Improved credit can open the doors to lower interest rates and more favorable terms in the future. Of course, a temporary boost in your credit score is just a start. Follow through with consistent on-time payments over the long term to make a significant change.

Alleviate stress

There's no denying that debt can cause stress and anxiety. Through debt consolidation, you can take control of your finances and allow yourself to stay on top of a single monthly debt payment, instead of multiple. You'll improve your finances and mental health at the same time. 

Become debt-free faster

If you're able to land a lower interest rate, consolidating your debt may allow you to pay off your debt sooner than you ever thought possible. Once you get out of debt, you'll be able to put your hard-earned money toward other financial goals like saving for a house or retiring. 

When is debt consolidation a smart choice?

There are a number of situations in which it makes sense to consolidate your debt. You're more likely to succeed with this strategy if your monthly debt payments (including your rent or mortgage) don't exceed 50% of your monthly gross income. 

Also, if your credit qualifies you for a low-interest debt consolidation loan or credit card balance transfer and your cash flow continuously covers your debt payments, you may want to take the debt consolidation route. Be aware that origination fees are also a part of your lifetime cost when comparing your options. Additionally, extending your repayment term to lower your monthly payment can actually increase your total cost compared to your original debts.

Bottom line

Debt consolidation is a great option if you're ready to streamline the debt payoff process and improve your budget. It can be the difference between getting out of debt quickly or staying in debt for a while. 

Contact Information:
Keyonda Goosby
Public Relations Specialist
[email protected]
(201) 633-2125

Carolina Darbelles
Senior Public Relations Specialist
[email protected]
(201) 633-2125


Press Release Service by Newswire.com

Original Source: How Debt Consolidation Can Help Your Budget

NEW YORK - October 21, 2022 - (Newswire.com)

iQuanti: An emergency fund is a savings account specifically for unexpected expenses. Everyone should have one, because you never know when an emergency will happen. A family emergency fund can help cover the costs of things like medical bills, car repairs, or home repairs. Here's how emergency funds work and six steps to take to build an emergency fund so your family can be prepared for anything:

How an emergency fund works

An emergency fund is a sum of emergency money set aside specifically for unexpected expenses or financial emergencies. It's important to have an emergency fund because it can help you avoid going into debt if something unexpected comes up.

How much you should save in your emergency fund depends on your individual circumstances, but a general rule of thumb is to save enough to cover three to six months of essential expenses. This way, if you unexpectedly lose your job or have a major medical expense, you'll still be able to keep up with your bills and avoid going into debt.

How to create an emergency fund for your family

Here are the steps you can take to build an emergency fund for your family:

1. Decide how much money you need to save: This will depend on your family's income and expenses, but you should typically aim to have enough money saved to cover three to six months' worth of living expenses.
2. Create a budget and track your spending: Having a monthly budget will allow you to stay on track and help free up more money to put into your emergency fund. You can choose a budgeting method like the 50/30/20 budget or zero-based budget, or create one that's tailored to your unique financial situation and goals.
3. Set up a dedicated savings account: This will help you keep track of your emergency fund and make it easier to save. Additionally, setting up a separate account means you won't be tempted to spend the money on something else.
4. Automate your savings: Set up automatic transfers from your paycheck or checking account into your emergency fund account. This way, you'll never miss a savings opportunity, and the money will start to add up more quickly.
5. Make catch-up contributions: If you have a month where you can save extra money, put it into your emergency fund. Even putting in a few extra dollars a month can help you reach your goal faster.
6. Review your emergency fund regularly: As your family's income and expenses change, so should the amount of money you have saved in your emergency fund. Review it at least once a year to make sure you're on track.

The bottom line

Building an emergency fund is an important step in financial planning for your family. Having one can give you peace of mind and help you avoid going into debt if an unexpected expense comes up. By taking these six steps, you can ensure that you're prepared for whatever life throws your way.

Contact Information:
Keyonda Goosby
Public Relations Specialist
[email protected]
(201) 633-2125

Carolina Darbelles
Senior Public Relations Specialist
[email protected]
(201) 633-2125


Press Release Service by Newswire.com

Original Source: How to Build a Family Emergency Fund in 6 Steps

BUFFALO GROVE, Ill. - October 21, 2022 - (Newswire.com)

PPC Flexible Packaging LLC, a leading provider of custom flexible packaging, announces the acquisition of Kansas City, KS-based Plastic Packaging Technologies, LLC (PPT). 

PPC, headquartered in Buffalo Grove, IL, is a leader in printing and converting of flexible films, pouches, and other innovative packaging designs, including prototypes. It is a recognized pioneer in cleanroom packaging for healthcare and medical applications, consumer snack and organic brands, specialty produce, pet, nutraceutical, bakery and horticulture markets. With the addition of PPT, the firm now operates 13 manufacturing facilities in Buffalo Grove, IL, Mission and Kansas City, KS, Rome, GA, Payson, UT, Pewaukee, WI, Colombia, South America, McKinney, TX, Columbus and Alliance, OH, North Salt Lake, UT, and Hartland, WI. Its facilities are AIB, SQF level II and ISO-9001 certified. Founded in 2017 with its first acquisition, PPC provides the highest quality products with best-in-class lead times to service both emerging and recognized brands. 

Founded in the early 1970s and acquired by David and Dan Staker in 2002, PPT has become an industry leader in delivering the highest quality, value-added flexible packaging solutions. The Company has built an impeccable reputation for delivering value through its customer- and people-centric culture providing innovative packaging formats and features with extraordinary service. PPT's products include up to 11-color high-definition printed roll stock films, high barrier laminations and an array of pre-made pouch formats, including flat bottom, box and pinch bottom, stand-up and quad-bags, incorporating a variety of convenience-oriented features and attributes. PPT serves blue-chip consumer packaged goods companies, as well as emerging brands and co-manufacturers, throughout North America. PPT employs 425 associates in manufacturing and distribution facilities strategically located in Kansas City, KS, and Columbus, OH. 

Kevin Keneally, President & CEO of PPC, said, "We've known David and Dan for the entire 20 years of their ownership of PPT and have watched them build one of the most respected, technology-driven firms in our industry. We're thrilled the Stakers, and their entire talented leadership team, are joining the PPC family to merge and integrate our businesses and cultures into what we believe will be one of the most powerfully differentiated flexible packaging converters in North America!" 

David Staker, President and CEO of PPT, said "We're excited to join forces with Kevin and the PPC team. This combination is truly complementary, and solidifies our position as the leader in purposeful, powerful packaging to the pet care, food and beverage, healthcare and specialty consumer markets in North America. This partnership will enable us to deliver even greater value to our customers, with broader and deeper capabilities and capacity, greater technical and financial resources to support continued strong growth, and significant opportunities for our associates to contribute and develop professionally in a fast-growing, robust industry." 

Headquartered in Buffalo Grove, IL, and fueled by GTCR, a Chicago, IL-based growth equity partner, PPC Flexible Packaging has steadily grown and evolved, both organically and through acquisition, into a premier Top 20 flexible packaging manufacturer. PPC is a dynamic team of design and packaging professionals dedicated to providing creative packaging solutions incorporating the latest technologies. PPC's people, along with its capabilities and speed-to-market service, have always been its greatest strengths - establishing it as a trusted leader within the consumer and cleanroom markets.

Contact Information:
Tatiana Castro
VP Sales & Marketing
[email protected]
305.500.9292 ext 503
Related Files
PPC PPT Announcement_10_21.pdf



Press Release Service by Newswire.com

Original Source: PPC Flexible Packaging, LLC Announces Acquisition of Plastic Packaging Technologies, LLC

NEW YORK - October 20, 2022 - (Newswire.com)

For some, student loan debt can feel like a weight they can't shake. But with a plan, borrowers can pay off their loans faster and start feeling relief from student loan stress. Here are things to consider and four tips to get started. 

Is paying off student loans early beneficial? 

While there's no right or wrong answer, there are some things to consider before making the decision to pay off your student loan debt ahead of schedule. If borrowers have the financial means to do so, paying off their loans early can save them money in the long run. Early payoffs can minimize the amount of interest accrued and free up monthly income to allow for more financial flexibility down the road.

Of course, there are also some drawbacks to early student loan payoff. For one thing, borrowers may forfeit certain repayment benefits, such as forbearance or federal loan forgiveness options. Additionally, if they have multiple loans with different interest rates, it may make more financial sense to focus on paying off the loan with the highest interest rate first. 

Ultimately, the best way for borrowers to decide if they should pay off their student loans early is to weigh the pros and cons carefully and decide what is right for their unique financial situation.

Ways to pay off student loans faster

1. Student loan refinancing - One way to potentially start paying student loans off faster is to refinance them. Student loan refinancing is available for federal and private student loans. Through refinancing, one could potentially combine their loans and replace current debt with a new loan that offers a lower interest rate to reduce the monthly payment and/or shorten the term. Keep in mind, if one refinances a federal student loan, one will no longer qualify for existing or future benefits offered by the federal government to federal student loan holders. Please consult www.studentaid.gov for the most current information about any federal student loan benefits. Many lenders offer student loan refinancing, so be sure to shop around, compare rates, and be sure to understand all the terms and conditions of the new loan before signing the dotted line. 

2. Automate payments - One of the best ways to ensure that student loan payments are always on time is to set up automatic payments. This way, the payment will be taken from the borrower's bank account automatically each month, eliminating the risk of late payments and added penalties.

3. Make extra payments when possible - If borrowers find they have some extra money coming in (from a bonus at work, for example), they should consider making an extra student loan payment in addition to their regularly scheduled payments. This will help lower the principal balance and in turn, cut down on the amount of interest overall. Even if it's just a few hundred dollars, every little bit helps to pay off student loans faster.

The bottom line

Paying off student loans early can be a smart financial move, but it's not right for everyone. Borrowers should carefully consider their unique situation and all their options before making a decision. Those who decide to go ahead with early student loan payoff can use the tips above to make the process as smooth and stress-free as possible.

Contact Information:
Carolina d'Arbelles-Valle
Senior Public Relations Specialist
[email protected]
(201) 633-2125


Press Release Service by Newswire.com

Original Source: Laurel Road: 3 Tips to Pay Student Loans Off Faster