Can You Obtain a Personal Loan When You are a Student

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Can You Obtain a Personal Loan When You are a Student

You can get a personal loan while studying in a college. However, the process can be challenging as you already have student debt. The lender will be reviewing your credit report and financial documents to find out whether you have enough disposable income to cover the cost of a second loan. Understanding the requirements of the lender can make the process of qualifying for the loan easier.

When applying with typical lender, the lender will attempt to calculate your debt to income (DTI) ratio. Debt to income ratio is calculated by dividing the existing student debt by your monthly income. Having higher income enables you to have a lower debt to income ratio. Owing only a small amount of student debt and low monthly repayment are the keys to have a low DTI. You can use the debt to income calculator to calculate your DTI.

Having a decent credit rating is necessary to qualify for a personal loan. If you always pay your student loan on time, you should have a good credit score. High credit score is an indication that you are a responsible person who is disciplined in managing your finance. To qualify for a loan, you must have a credit score in the upper range of 600s.

If you have a credit score that is in the 700s, you will not face any problem in getting a low interest personal loan. Some lenders will require you to have a credit history for a minimum period, for example, 3 years. It is important that you don’t miss a payment on your student loan. If your credit report shows recent missed payment, the lender may decline your loan application. Some lenders will look at factors such as education level and job internship when determining whether you qualify for the loan.

Prior to applying a loan, you can get pre-approved online first. Getting pre-approved does not guarantee that you will be approved when you submit the actual loan request form. However, getting preapproved does mean that your loan application may very likely get approved. Getting pre-approved also givse you a clue on how much interest rate you will be charged so that you know whether you can afford the loan. If your application is rejected, you should try to improve the areas where you fall short on.

The lender will usually send you a letter that explains why you are being rejected for the loan. You can rectify the problem and increase your chance of getting approved. For example, if the reason you get turned down for the loan is because of a poor credit score, you can take actions to repair your credit score and reapply within a few months. If you have unfavorable DTI, you should find a job that can bring in more income or reduce the monthly payment of your student debt.

Schools and Universities Devastated by Hurricane Michael

Many schools, universities and colleges are closing down ahead of Hurricane Michael. Hurricane Michael will be arriving in the southern US coast soon. Over 100 counties have received a state emergency alert. The hurricane is now a Category 3 hurricane and will arrive at any time on Wednesday evening. It is predicted to stall in between 4 – 12 inches of rain in the area.

Leon County Schools will be temporarily shutting down their schools from Tuesday to Friday. All the sporting activities and events scheduled to occur during this time frame will be canceled. Some of the universities and colleges closing down for the week until Sunday are Florida Sate University, Tallahassee Community College in Wakulla county and Tallahassee Community College in Gadsden county. They are closed starting on 12:01 am Tuesday night and will resume operation at 12 a.m. on next Monday, on October 15.

Superintendent Rocky Hanna of Florida State University told the press that they will look at the damages on the school building and make a decision whether they will reopen next week. They will make some adjustment to the grading requirement and the dates of the first nine week card after surveying the damage. Although there will be no class, the cafeteria, and on campus housing will continue to operate. Boxed meals and water will be provided to those who are staying in the on campus housing if power outages occur.

There will be no class at TCC Florida Public Safety Institute but it will be opened to help with the emergency management operation. The cafeteria and on house campus will remained opened for TCC Florida Public Safety Institute. Florida State University has opened up the building where the basketball team play as shelter to off campus students and faculty staff.

Many schools in southwest Georgia also announced they will be closed. Lee County School Systems, Dougherty County School Systems, and Worth County Schools will be closed on Wednesday and Thursday. Terrell County Schools is closed for the week and staff will only return to report on duty on 8 am Friday. Albany State University will also be closed starting at noon on Tuesday.

There will be no shuttle service on Wednesday and Thursday at Albany State University. All schools in Gulf District are closed for the week and will only reopen following Fall Break. In Okaloosa County, schools are closed for Tuesday and Wednesday. BPA Emerald Coast Campus will close its operation from Wednesday to Friday.

Other schools that will be closed are Calhoun County Schools, Holmes County Schools, Jackson County Schools, Walton County Schools, Washington County Schools, Bay District Schools, Gulf Coast School for Autism, The Baptist College of Florida, and Liberty County Schools.

Toxic Waste Sites Getting Prepared for Hurricane Florence

Hurricane Florence may cause heavy rain that will flood the pit that contain toxic waste and animal manure. If the pit gets flooded, the toxic waste water will flow into the water ways and contaminate the drinking water. It could also enter into the houses. One of the main economy of North Carolina is raising poultry and hogs so the area has a lot of manure pits. Hurricane Floyd is an example of a catastrophic hurricane that has caused flooding of the waste ponds in 1999.

The toxic water from the waste pond overrun into the waterways and cause a widespread contamination of the water throughout the state. In the end, state taxpayers have to close down 43 farms. In preparation for the hurricane, the members of North Carolina Pork Council has pumped down the water level of the lagoon. Farms located in low lying ground are moving their hogs to a safer place. Specialized disaster contractors were being consulted to help prepare for the impact of the storm and create the appropriate response for cleaning up the potential waste and flooding aftermath.

The Environmental Protection Agency (EPA) is carrying out assessments on 9 hazardous waste sites on the Carolina coast. Last year, Hurricane Harvey caused damages to 13 toxic waste sites that raises the health safety concern of the people. They have also prepared the nuclear power reactors for the hurricane.

Duke Energy plans on shutting down their 6 nuclear reactor sites a few hours before the arrival of the hurricane. Nuclear operators are also ensuring that the backup diesel generators are filled with sufficient fuel. They also take a walk around the site and tighten up loose equipment that may end up flying in the wind.

Duke Energy also owns more than two dozens of coal ash basins in North Carolina. The pit leaves gray ash after burning the coal. Some pits have been inundated before during Hurricane Matthew and Floyd in 2016. Duke Energy has already allocated staff to the coal ash disposal sites. These staff are to monitor the sites following the storm. They also prepare extra equipment to ensure the site in case any issue arise.

If the coal ash gets flooded, it can spill toxins like mercury, leads, and heavy metals into the river and waterway. In 2011, a powerful earthquake and tsunami cause radiation to be leaked from a nuclear plant in Fukushima. The incident has led all US nuclear plants to be upgraded to a better standard to withstand earthquake.

Almost everyone is busy making preparations for the hurricane as they await for it to arrive on the east code by Thursday night. More than 1 million residents are ordered to evacuate the state. The National Hurricane Center NHC said that the people should rush to make the necessary preparations to protect their houses, shops, pets and livestock as soon as possible before the hurricane arrive.

Pros and Cons Of Students Borrowing Their Way Through School

Can You Obtain a Personal Loan While in College

You can get a personal student loan while studying in college to cover extra expenses as long as you are above 18 years old. Prior to applying for a private student loan, you should first try to apply for a grant or scholarship via the federal or state loan program. You can utilize a calculator to calculate all your college costs and then deduct them form your scholarship. The total that is left is the amount you should borrow from a private personal loan lender.

You can obtain an unsecured signature loan from the local bank and credit union. Examples of big banks that offers signature personal loans include Wells Fargo and Citibank. Big banks may be choosy when coming to approve applicants with little credit history so it is always best to go to your community bank or credit union. Applying for the personal loans online is the best option as it can get approved fast and release the cash in the next business day.

Most banks will offer unsecured signature loans which is a type of installment loan that requires you to pay a fixed monthly payment. Because it is an unsecured loan, you don’t have to put in any collateral. If you want to get a loan with low rate, you must provide proof of a solid credit history. Student loans often have high interest rates because most students don’t have a decent credit rating. Therefore, it is advised that you use a cosigner to get approved for the loan. If you use a cosigner, you must make sure that he/she have a good credit standing and a stable income source. You can get your parents, uncles or friends who have a stable job to become your cosigner. When getting a cosigner, make sure you inform them about

Personal loans can give you an excess cash of $1,000 – $35,000 which you can use to cover various types of expenses including tuition fees, dorm, and computers. Paying back the loan on time enables you to build up your credit score. When your credit score is build up, it will be easier to get approved for low interest rate when you apply for a loan. It also help you to develop discipline in your finance management when you are committed to pay off your loan.

You should only get a personal loan as a last resort if you don’t have other financial option. Therefore, when shopping around for personal loans, you should always be willing to spend time in doing research to compare the interest, fees, and other lending terms. You must be confident that you can pay back prior to obtaining the student loan. Defaulting and not paying back can be serious consequences on your credit report for example bankruptcy that can remain on the report for up to 10 years.

Which Certifications Should You Review Before Hiring a Restoration Company

Prior to hiring a restoration company, it is important that you check whether they have proper certifications. Holding adequate certifications show that they have undergone the proper training and are qualified to carry out the restoration services. Both the company and staff should hold the proper certifications.

There are many types of certifications for different types of restoration work. Some certifications require more knowledge and expertise to obtain it. Some restoration work are simple and don’t require any certification to complete the work. You can do some research online and find out what scopes are covered in the certifications that they list on their website.

When hiring a restoration services company, you want to ask what expertise area they are specialized. You should avoid a company that claim to be an expert in every area. If there is a situation outside of their expertise, the company should inform you on the qualified sources that they use to get it resolved.

Usually, the restoration company will become a member of a respected organization to get certified. Examples of accreditation organizations include the Institute of Inspection, Cleaning and Restoration Certification (IICRC), American Council for Accreditation Certification (ACAC), Indoor Air Quality Association and Restoration Industry Association (IAQA).

To become a member of the accreditation organization, one is required to attend a course that covers lessons on the different stages of various restoration works such as how to address backflows, drying processes, microbial remediation and etc. To complete the training, they must sit for a test and receive good result in order to pass it. You can ask the restoration company what type of training they undergo at the course.

Certifications are not guarantee that the company will provide high quality restoration services. However, if the restoration company offers good service, they will get many positive reviews and referrals. You can talk to people that hire the company before and ask them if the work is carried out satisfactorily. Besides certifications, the company must hold the proper license. Every state has different requirement for obtaining a property restoration license. The state may set a requirement for obtaining a license.

You can do research on the restoration company at the Better Business Bureau site. The Better Business Bureau (BBB) will provide information on the complaints of the past customers. It is best to hire a restoration company that has the good rating and no record of customer complaint at the BBB site.

It is important to look for a mold remediation company that provides an adequate insurance coverage. You should look for a company that is equipped with professional liability insurance instead of general liability insurance. Professional liability insurance will protect you from any damage that arises from the errors carried out by the professional mold remediators.

What Are the Necessary Due Diligence Steps Investment Groups Follow Prior To Individual Property Investment

Before investment groups decide on individual property investments, they must exercise due diligence. Due diligence, as the name suggests, is the required care with which investors must investigate a business before they invest in it. Due diligence allows investors the chance to truly know the company in which they intend to invest and protects them from fraud. When it comes to investment in property, there are several Due Diligence steps that must be followed before any money changes hands. Four of the most important are explained below.

1. General investigation of the target property

Before investing in a property, investment groups must conduct a Due Diligence investigation of the property. They should examine all paperwork that pertains to the running of the property including: tax returns, contracts with current occupants, in the case of an apartment, general financial paperwork, and proof that the building is up to code.

2. Investigation of future expectations of the property
This can be a bit more complex than the general investigation, as it requires speculation and prediction, rather than cut-and-dry examination of the current state of affairs. With careful consideration of the current state of the property and a meticulous prediction of how it will fare in the future, however, you can reach a good understanding of how the property is likely to perform in the future and can base your investment decision, in part, on this expectation.

3. Examination of the details of the investment
At this point, you’ll need to figure out how much you would need to invest in the property, how much ownership you would then have of the property, and how you would eventually get your capital and the return on your capital back.

4. Special investigation if the property is outside of the United States*

The Foreign Corrupt Practices Act requires U.S. investors to ascertain that their investment is not linked to foreign state officials or state-owned businesses. To invest in a property with such a link to foreign officials could be considered bribery. Investors must conduct an initial investigation into this matter before investing and must continue to ensure that the property in which they have invested does not develop a link with a foreign official.

OECD Guidelines for Multinational Enterprises also require that investors to investigate possible human rights offenses associated with their properties. This means investors must not invest in properties that have been constructed by individuals who were forced to do the work or were abused in any way while performing it. It also means that investors must make certain that any employees at the properties in which they invest are treated fairly.

It can be daunting to attempt to perform Due Diligence on your own. There is so much you need to know and it is so hard to be certain that you have found the truth. When you invest with companies that take these extra steps, your portfolio and investment capital is more likely to be in a secure position. market expertise to understand an investment’s return potential.

Was Bankrate The Internets First Loan Comparison Search Engine

Bankrate is one of the first loan comparison search engine established with the aim of helping borrowers more conveniently compare loans on the internet. website was founded in 1996 and now they have more than 15 millions visitors every month. It is relatively easy to use Bankrate to compare loans. When you are on the Bankrate homepage, you must first select what types of loans you would like to compare.

There are several types of loans that you can compare on Bankrate including mortgage loans, auto loans, credit cards and personal loans. After you select the loan type, you will be redirected to the next pages where you have to answer questions like loan amount, loan purpose, zip code, address, residence type, estimate credit score, birthdate, employment status, telephone number and social security number (SSN). They will then check the database to see whether the information you enter match the credit on file before displaying the .

At Bankrate, you can compare loan offers from a large selection of lenders. Many reputable lenders can be found at Bankrate. The loan comparison search engine allows you to compare factors like interest rate, and monthly payment. The information on the search result is verified by Bankrate to ensure that it is accurate. Toll free phone number of the lender is also provided for your convenience if you would like to contact them and ask for more information on the loan.

The signup button is provided on each listing of the lender in the search result. Clicking it will redirect you to the form where you can get an estimate quote for the loan. With Bankrate, there is no limit on how many loan offers you can receive. You are free to apply as many loan as you want to get the estimate quote before deciding which one to sign up. You are not obliged to accept the loan offer that you receive.

Using Bankrate to perform comparison your loans can help you to save a lot of time because all the important information about the loan are already displayed neatly in the search result. If you were to do research yourself on the search engine, it is going to take a lot of time because you have to find out lots of information like whether the lender offers the loan product you are looking for, loan interest and fees, loan availability and etc.

With Bankrate, the process is cut short. You take a look at the search result and you know which one has the lending terms that you are most likely to afford and qualify. You can then fill in the loan request form and get an estimate quote.

Storm Damage From Hurricane Irma Could Exceed Hurricane Harvey

Hurricane Irma has just started to bring wreckage to the nearby islands and it is currently on its way to Florida. On the other hand, Harvey has just finished stalling 4 feet of rainfall in Texas and Louisiana. Initially, when Harvey arrives on Texas, it is a Category 4 storm but it keeps on downgrading day after day. Harvey has killed 60 people and it could cost the local government to spend at least $150 billion to carry out the restoration work.

Hurricane Irma is likely to cause an even more extensive damage than Hurricane Harvey. At the moment, it has broken the record as the most powerful hurricane to have hit the Atlantic ocean. The weather forecast agency claims that the storm is more than 800 miles wide and its wind is traveling at a speed of 185 miles per hour for 1 day or more.

Weather news agency claims that Hurricane Irma is becoming stronger and there is no sign that it is weakening at all. Hurricane Irma probably will not bring flood waters like what Hurricane Harvey has brought to Texas. But, when it arrives, its powerful wind will possibly cause a lot of damages. Irma’s strong wind could tear buildings to rubble, destroy the power line and fell trees.

In Puerto Rico, building wreckage can be seen all over after Hurricane Irma sweeps through. The authority of Puerto Rico predicts that the people will not have access to electricity for 6 months. The hurricane has swept through many Caribbean islands like Turks, Caicos, Saint Martin, Bahamas and Barbuda.

Saint Martin island is completely destroyed with the death toll count constantly increasing. Barbuda, a small island on the Caribbean lost more than 90% of its buildings. At least one death is recorded in Barbuda and more deaths have been recorded in other islands that it hit. Storm surges up to 20 feet has been reported in Turks and Caicos.

Even though forecasters have predicted that Irma is going to be more powerful than previous storms, there is no confirmation and everything is just a speculation. Irma is predicted to hit Florida on late Saturday. After that, it will head to the areas of South Florida where there is denser population. It is expected that the storm will cause storm surge of 5 – 10 feet in South Florida.

Storm surge warnings have been issued by the local authorities to residents in South Florida as well as Florida Keys. Many people are relying on the airlines to evacuate the area and this has caused many airlines to increase the number of flights. If you haven’t yet make plan to evacuate, you should do so now before the arrival of Hurricane Irma

What Companies Offering Personal Loans Allow Consumers to Borrow Over $40,000

Many lenders are offering a loan of more than $40,000 with low requirements and fees. The funds for these personal loans are usually released quickly within the same day or a period of a week following the approval. The following are the top 3 lenders offering personal loans with loan amount that exceed $40,000.

1. LightStream
LightStream is offering personal loans with a loan amount in the range of $5,000 – $100,000. You can choose from a loan term in between 24 months – 84 months. The APR rate is in between 3.24%-16.34%. You need a minimum credit score of 680 to get approved for LightStream personal loan. It does not have any requirement on credit history and the debt to income ratio requirement is quite low. You can apply the loan as an individual or joint loan. When you submit the application, it will immediately let you know whether your application is approved. You can choose the date within 30 days of approved when the funds will be wired to your account. LightStream does not charge fees like origination, prepayment, and late fees.

2. SoFi
SoFi gives borrowers the ability to borrow a loan amount in between $5,000 – $100,000. the minimum loan term is 3 years and you can take up to 7 years to repay the loan. The APR rate for the loan is in between 5 – 15% but most people get approved for an APR rate of 8.5%. The APR rate can be either fixed or variable rates. The minimum credit score requirement is 660. it does not have any minimum requirement on gross income, credit history and debt to income ratio. After you get approved, you will have to wait up to 10 days to receive the funds. It does not charge origination, prepayment and personal check processing fees. It does charge a late fee of 4% of the amount due but the fee will be no more than $5.

3. Earnest
Earnest personal loans features a loan amount in between $2,000 – $50,000 and a loan duration in between 1 – 3 years. The APR rate for Earnest loans is in between 5.25% – 12%. It does not have any requirement on the credit score but most borrowers that get approved have a credit score higher than 720. It has no requirement on the credit history and debt to income ratio. After your loan gets approved, you have to wait for at least 2 – 3 days to receive the funds. Sometimes, earnest will take up to 1 week to wire the funds to you. Earnest does not charge any fee but it can charge you up to $8 if the payment is not successful. You have the option to choose the payment due date and loan term.

The Basics Of Sump Pumps To Keep Your Basement From Flooding

Your sump pump is one of the most vital parts of your plumbing system. Very few people however can answer where there sump pump is let alone sump pump basics. You might only actualy need you sump pump once every five to ten years, but it is good to know that it is there when you need it. Your sump pump is vital if it ever floods in your basement such as from a sewage backup into your basement, your sump pump will remove much of the excess water, pumping it out of your basement. Your sump pump is the last line of defense when flooding occurs and will help to save your valuables, as well as protecting the integrity of your home’s foundation.

When it comes to selecting a sump pump for your home you have a choice between a standard sump pump and a grinder pump, or even both with a clever installation. A standard sump pump removes water which has entered your basement. Your grinder pump grinds up sewage and sends it to your main sewer line. With either type you should have a good battery back up on hand in case of power failure. You should also replace this battery every 2 to 3 years because of battery shelf life as you need to be 100% certian your back up battery is going to function in a time of need. You also need to consider the maximum lift of your sump pump model, most models are around 10 feet of maximum lift. The lift of your sump pump is how much water it pump up vertically in feet. Your maximum flow rate is also critical to consider. Most common models are a a 1/3 horsepower pump. If your basemet frequently floods you may want to consider using a 1/2 hp pump as a 1/2 hp pump will pump more water and lift it higher than a 1/3 hp pump.

If you do decide to install a new sump pump, a Proper installation as well as precisely following the manufacturer’s installation guidelines, is essential for the safe and efficient operation of your sump pump. Improperly installed sump pumps can be dangerous especially ones that were not grounded properly. It is recommended to hire a professional plumber do any sump pump installation, it is not worth the risk of electrocution or sump pump failure due to an improper installation just to save a few bucks. A qualified plumber will install your sump pump with a grounded 15A electrical circuit and a surge protector. Sump pumps that are professionally installed as well as properly maintained often have a shelf life of 10 to 15 years before needing replacement.

You should test your sump pump every 3 months to ensure it is functioning properly should a disaster strike. Simply turn off your power and pour in 5 gallons of water. The sump pump should start up on your battery back up and remove the water, if it does not there is an issue and a professional should be called at that point. You should then retest it with the power on. If the sump pump does not start up, make sure your sump pump is connected properly to your power system. If the power is not the issue then your sump pump is in need of repair.

There are some signs to let you know its time to replace or repair your sump pump. If you pump is making abnormal noises, or too much noise it could be due to a variety of reasons. If your pump is humming for example it might have a broken impeller blade. if your sump pump is making sucking or slurp noises you may need to adjust its float switch. If your pump is banging around its often due to the discharge pipe banging against the wall or flooring, in which case you can add insulation to solve the problem.