How can debt settlement affect your credit?

Sometimes people get so much consumer debt that they turn to the more drastic options, such as bankruptcy. Unfortunately, they make this decision because they are poorly informed and do not know about other options or solutions that would be available to them. Know that in some situations, people have so much debt that bankruptcy is their only option. But if that’s not your case, there are other options you should consider.

That said, it is extremely important to remember that you should choose the option that will be best for you and your credit. Bankruptcy is the solution that affects your credit the most. Thus, it is important to think carefully about all available debt settlement solutions and how they could affect your credit.

Of course, not all debt solutions are created equal, and each will affect your credit rating to a different degree. If bankruptcy is the most damaging to your credit rating, if not, a financial follow-up would be the least worse. While a financial follow-up is enough to help you reclaim your debts, there is still the debt settlement step.

Debt settlement 101

To put it simply, the purpose of a debt settlement program is to help you repay less debt than you really owe. This option is desirable for people who have more than $ 10,000 in debt but not enough to file a consumer proposal or declare bankruptcy. Working with a financial advisor is a good way to assess whether or not a debt settlement program is the right option for you. In making your choice, be aware that you will have to make a lump sum payment to your creditors. Here, payments are not usually an option; thus, it is more beneficial for you to start saving.

Debt settlement and your credit rating

The extent to which a debt settlement on your credit rating will depend primarily on your situation. You want your creditors to write off a large amount of your debt in order to have a less negative impact on your credit rating.

Since writing off a portion of your debt is really important, it’s a good idea to do business with a debt settlement professional who can negotiate on your behalf, instead of doing it yourself (even if Debt settlement option is still valid). The debt settlement company you choose will analyze your situation and should try to provide you with the best solution for your credit rating. This offer should be enough to satisfy your creditors, while leaving you in a financial ease.

If you have or have had difficulty making payments to pay off your debts, you are surely aware of the negative impact on your finances or balance of debts of late fees and charges. Debt settlement will not erase your late payment history in your credit report, but you will not have to pay for other late payments on your original debt.

Have an overview

A debt settlement will lower your credit rating. This is probably the worst drawback and you will have to choose if it is worth it. However, your credit rating and you will greatly benefit from this action at the end of the line.

1 Your debt / income ratio will go down, which is great for your credit rating.

2 You will stop adding late payments to your payment history on your credit report and by doing so, help your credit rating.

3 The faster you pay your debts, the sooner you can rebuild your credit rating and you will soon be able to take advantage of other financial products, such as loans with lower interest rates.

You need to see debt settlement as a long-term solution that will help you get rid of your debts now, but will also help you move towards a better financial future.

Ask for help and at work

The only way to really know if debt settlement is right for you is to meet a professional and discuss with him your financial situation as well as the options available to you. Take a look at our online applications today or contact one of our specialists.

Disability insurance: how useful is it? What does it protect?

Disability insurance – why is it so useful?

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A topic that no one likes to deal with and yet it can strike anyone: What happens if you can no longer work due to an accident or illness and subsequently lose a regular income? Who will pay for all living expenses? Financial support from the state is usually rather low, on average only about 700 euros per month *. Sound insurance cover is therefore essential to compensate for loss of income in the event of occupational disability.

What happens in case of occupational disability (BU)?

Possible reasons for an occupational disability can be:

  • Diseases of the cardiovascular system
  • Diseases of the musculoskeletal system
  • Mental illness
  • cancers
  • accidents

Being unfit for work means that you can no longer practice the profession you have learned because of one of these illnesses, an accident or a disability. At the same time, however, this means that you have the opportunity to pursue a different occupation every day for up to six hours.

Under these circumstances, you receive from the state a BU pension, also known as earning capacity reduction pension. Prerequisite: You have paid at least 36 months contributions to the statutory pension insurance in the last five years. For all those who were born after 2 January 1961, the following provisions apply in the event of total loss of earning capacity:

  • You receive about 30 percent of the last gross salary if you can work for a maximum of 3 hours a day.
  • About 15 percent of the last gross salary is paid to you if you work three to six hours a day.
  • If you can work more than six hours despite illness, you will not receive any government support.
  • You will receive the disability pension until your retirement. From then on you will receive monthly payments from the statutory pension insurance.

The figures make it clear that the financial support options provided by the state are small. A resulting supply gap is not enough. If you want to continue your life then the usual standard, a BU insurance can be useful.

What does occupational disability insurance cover?

Find out about the BU insurance / g-stockstudio / Shutterstock

If you take out a private insurance, you will receive a so-called monthly disability pension in addition to the disability pension. With such you can protect yourself against the income loss:

  • You also have the option of receiving the benefits if you could work in another job by the hour.
  • However, it is important that the contract does not contain an abstract reference. This would mean that the insurer can point out that you will not receive any monthly payments as long as you can work by the hour. It is therefore essential to agree to waive this clause.
  • The insurer pays regardless of the cause of the disability.

Important: In order to prove the occupational disability, you must submit various documents to the insurance:

  • Description of professional activity
  • medical reports

What do you need to know about taking out occupational disability insurance?

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  • If you take out the BU insurance at a young age, it makes sense for two reasons: The health check is easier to pass because you as a young person usually do not have any serious pre-existing conditions. The contributions are smaller.
  • Choose the amount of the contribution depending on which financial security you want in case of emergency. Experts recommend hedge 80 percent of the current net income.
  • Opt for a contract with momentum. This means: the contributions paid increase annually. This takes account of the fact of inflation.
  • Always answer insurer health questions truthfully. This has the following background: If it comes to a benefit case, this checks your information. If it turns out that the insured have made incorrect information, the insurance company can refuse to pay out.
  • Check if your policy is only valid in Europe or worldwide and ask what the situation is like if you are moving to another country or work abroad.
  • Pay attention to the circumstances under which the insurance cover does not apply. This can be, for example, if you become disabled due to a self-inflicted accident or belong to a specific professional group.
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Cars and pollution

Cars and pollution

Experts say that one of the indicators of the economy has to do with the number of car registrations. In Spain, this grew by 9.1% last May in relation to the same month of 2016, which means that confidence in the stability of employment has increased. As a result, citizens feel empowered to take on new spending, even though in many cities the municipal authorities have tried to restrict traffic because of pollution. Something to which we will have to get used to waiting for the city councils to seriously consider increasing public transport. A priority that, as an alternative to private vehicles, is not in the process of being solved despite its importance.

Today, the car is a necessity. For many it is an essential tool to go to work. Hence, this type of vehicle-tool is known by the name of utilitarian. A name that indicates that it is not a high-end, luxury car, but quite the opposite, economic and small, as was the legendary Seat 600, whose launch is now sixty years. The six hundred changed the lives of millions of Spanish families and represented a before and after in the national development index.

Despite the warnings of global warming, which these days we live as direct experience as a result of the very high temperatures, it is very difficult to think about dispensing with the car, knowing that it is a pollutant. Certain that less harmful electric vehicles have begun to be commercialized, but for many their performances are not convincing and most prefer those that run on gasoline. At this point the car is something like the extension of our own house, a domestic environment that offers us mobile windows while public account of what is called social status and often is directly proportional to the purchasing power of everyone . Therefore, certain brands, regardless of their quality, seduce for the prestige they give.

For those who trust everything to the appearances and one of them is the ostentation

For those who trust everything to the appearances and one of them is the ostentation

it does not seem the same to go through life in a utility vehicle than to own a car of the so-called premium or similar brands, although this is all they have in their possession. For some, driving a high-end car is continuously exhibiting the sumptuousness of a hotel of super luxury compared to those who are riding in a more than discreet hostel room. Although the world can be so wide and alien from either of the two rooms.

Before the crisis, when the banks gave loans so that the dreams of their clients were mounted on four wheels and boasting became a trademark of corrupt politicians and businessmen, in the parking lots of certain restaurants Porsches, Lamborghinis or Ferraris were exhibited Testarossa The rivalry of the power of the owners of such beautiful machines was more than evident. Today such a contest would not be well seen. Sometimes we see some luxurious limousines strolling through our streets, that kind of horizontal skyscrapers, with beds, champagne and ladies rent incorporated, in addition to two or three televisions, but they are not private property but companies, which rent for parties graduation or bachelor parties, as in the US, where the fleet is infinite.

In America, if we except in the big cities, public transport is scarce, in many places without a car you are worse than an invalid, you are dead. Walking is impossible to get to work, the bank or the supermarket. On the other hand, without getting out of the car, you can do everything or almost everything: take money from ATMs, eat at a restaurant, go to the movies, attend certain religious services and even get married.

Obama had among his plans to recover the railroad, much less polluting than the car.

Obama had among his plans to recover the railroad, much less polluting than the car.

But such an attempt does not seem to please his successor. To Trump the issue of pollution brings him to the fresh air. Climate change does not go with their business plans and in their opinion has nothing to do with that America First that is their motto. His desire is that America stop importing cars from the East and the North American automobile industry becomes hegemonic. It will not be a problem if the indigenous cars pollute more than those imported and put to waste megalomania – Make America Great Again-, a guess that will be huge, as much or more than we used to see in the American films of the fifties and sixties .

As for us, on the one hand, welcome is the news of the increase of vehicles registered last May. Also, if my sources do not fail, our car industry produces almost two and a half million cars, a high percentage destined for export. Some optimistic data that should be rejoiced, without losing sight, of course, of the need to marry them with the urgent need to stop pollution.

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  • It will be in charge of financing, evaluation, execution and monitoring of funds for R & D.
  • About 300 people will work on it with the aim of managing aid more agile, flexible and autonomous.
  • The planning will be multi-year with medium-term objectives, which will provide stability to the calls.

The Council of Ministers has approved the creation of the State Research Agency with the aim of providing the Spanish system of Science, Technology and Innovation with a more flexible, agile and autonomous management. This Agency, a demand of the scientific community included in the Law of Science of 2011, will be in charge of financing, evaluation and allocation of funds for R & D. It will also carry out activities to monitor the actions financed to improve the measurement of results and their impact.



The purpose of the State Research Agency is to improve the efficiency of the services provided by the General State Administration in terms of R & D & I, the incorporation of the best international evaluation practices, the rendering of accounts of the grants granted and the simplification of administrative procedures.

The Agency is created at zero cost with the human and material resources of the R & D & I Secretariat and its implementation will be in 2016. Within a period of no more than 60 days, the governing body of the Agency will be established, The Governing Board, which must appoint as director, sole executive officer, a researcher or technologist with experience in the management of R & D. In this period, provisionally, the direction of the Agency will be assumed by the general director of Scientific and Technical Research.

The new body will have approximately 300 employees who will manage the aid of the State Secretariat of R + D + i. The Agency has the capacity to also manage the R & D aid of other ministries through agreements, and may also add the management of private funds. It will act in coordination with the Center for Industrial Technological Development (CDTI), the other major funding agent of R + D + i, if appropriate especially for the business world.

The State Research Agency will provide greater stability to public aid for R & D thanks to the multiannual planning of its resources, being able to set objectives in the medium term and making it possible for calls for projects or HR to have the necessary predictability in the terms and in financing. It will also have an independent evaluation system based on scientific and technical criteria to ensure the promotion of quality and excellence.

With the creation of this Agency, the Law of Science, Technology and Innovation of 2011 is complied with, the Law of General Budgets of the State of 2015 and the National Reform Program. In addition, a comparable model is established with the leading countries in science of the EU and the recommendations of the Council of the EU and the ERAC Peer Review, which made an audit in 2014 of the Spanish system of Science, Technology and Innovation at the request of the Ministry of Economy and Competitiveness.

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OHL will highlight its strength as a builder in the imminent presentation of its Business Plan



The company carries out an update of its Business Plan this April that will be followed with great interest

  • The sale of its subsidiary of Concessions will allow a clear economic recovery and return to the dividend payment, but also generates doubts
  • Experts say that OHL will have to “explain well that it is capable of generating business in a recurring and sustainable manner”


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April is being an important month for OHL . The construction company has closed the sale of its Concessions business to the Australian fund IFM Global Infrastructure Fund in an operation that has reported 2,235 million euros . This milestone is the change, ‘de facto’, of the nature of OHL, which today more than ever can be defined as a construction company. Now, the company faces the challenge of convincing its ability to continue growing precisely by building and ending the doubts that this operation has generated … that there are also.

OHL will try to win the favor of the market with the presentation of the update of its Business Plan scheduled for this month. The construction company has not yet specified the date on which it will make public its ‘new’ Business Plan because, according to company sources, until now it was necessary to focus on closing the sale of its subsidiary of Concessions. Once closed , it seems that the announcement will be imminent, although it will be necessary to see if they coincide in time with the communication about the dividend (which is expected also in the next days) or if it is done before or after it.

It is speculated that the dividend of OHL will amount to 1 euro, but Ángel Pérez, Renta4 analyst, recognizes that they estimate that it could reach 2 euros

The sale of the Concessions business will allow OHL to resume the payment of the dividend suspended two years ago by means of an extraordinary dividend, on which much is being speculated and whose details will be known shortly. There is talk that it will amount to 1 euro, but Ángel Pérez, Renta4 analyst, acknowledges that they estimate that it could reach 2 euros . “We believe that it is going to be an attractive dividend due to Grupo Villar Mir’s financial situation and because it is going to take advantage of the dividend payment to heal,” says this expert. Of the money received from the sale, and after facing the debt, there are over 1,400 million, explains this analyst. “If we divide that money by 300 million shares, 4 euros come out, if half is destined to Capex and the other half to a dividend, 2 euros will come out,” he concludes.


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The sale, therefore, can be considered ’round’, meaning that it will significantly improve the group’s financial situation (all corporate debt will be liquidated, amounting to 943 million at the end of 2017) and also for what it contributes. to the shareholders -including the Villar Mir Group- with this distribution of the dividend. “It’s very positive because the price they pay you is very good,” says Javier Mielgo, an analyst at Mirabaud. However, Mielgo warns of the fact that OHL now has to “resize”, since it goes from being a group with several lines of business “to a mere construction company” . In this regard, as soon as the operation was confirmed last October, Banco Sabadell experts stressed the attractive sales price but at the same time warned: ” OHL sells its main source of income and growth and is now focused on developing its construction, industrial, development and services businesses “.

Therefore, the updating of the Business Plan should not focus so much on the benefits obtained with the sale of Concessions but on how the group will rethink its future without that division, even if its financial situation has benefited. “They will have to explain well that they are able to generate business on a recurring and sustainable basis with large margins: the balance sheet position, the net cash position that they want to keep and the construction business, once the problem businesses are over, will be able to generate recurring results, “explains Javier Mielgo. “At the end we will try to see how the company is after the sale of Concessions, it remains a bit empty, a lot of its value was in the Concessions”, emphasizes Ángel Pérez.

“It is also a matter of whether or not the market creates the OHL forecasts, and has presented strategic plans in recent years that are very optimistic and has not complied,” Pérez points out.

All in all, OHL continues to be favored by analysts today. It is true that ‘only’ 27% advise ‘buy’, but the percentage of those who recommend ‘maintain’ is significantly high (64%) and only 9% advise ‘sell’. In addition, they give a target price well above the current price of quotation (5.23 euros, 28% above), although we must take into account that OHL is left 17% in 2018.

“We recommend ‘buy’ OHL for how the net cash position is with the closing of the operation (with IFM) and for its participation in developments, valuing zero construction”, indicate from Mirabaud. Making this calculation, they specify, “you would go to 5.3 euros, without adding anything for construction,” they stress. On the other hand, from Renta4 they have an advice of ‘overweight’ for OHL and a target price of 5.6 euros, although they warn that they only recommend it “for tolerant profiles”.


<strong>... AND THAT THE MARKET CREATES YOU</strong>

Experts expect concrete data to be updated in the Business Plan, Pérez and Mielgo continue to explain ‘Bolsamania’. OHL will have to detail the evolution it expects for the portfolio projects, especially those it has in the United States and Latin America. Also specify if it will return to the path of building concrete concessions, make them grow and, at the moment they reach their maturity phase, sell them. Likewise, OHL is expected to explain how well it is positioned in the United States to take advantage of the infrastructure plan and to provide forecasts on profitability and the level of margins , which is where the construction companies have been most pressured.

In this sense, Pérez explains that one thing will be that their forecasts will convince and another that investors will believe that, really, OHL will comply with them. ” OHL has presented some strategic plans in recent years that are very optimistic and has not complied, and will have to demonstrate, quarter by quarter, that it is capable of generating cash and shareholder value,” he concludes.

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The positive aspects the negative aspects of co-signing a loan | Loans Quebec

Co-signing loans is a common practice in the world of finance. In fact, it is an opportunity for someone with a better credit history to help another person who is struggling to get his finances back in order. However, this practice is rather between friends and family members because it niche a very good relationship of trust.

Opinions about co-signing a loan vary from person to person. And that’s normal. If you think about it, by co-signing, you put your name and credit history at stake, and you are now responsible for this loan as if it were yours.

Sometimes, because of a bad credit history, some people can not qualify for a loan they want. That’s when the co-signer comes in. The co-signer uses his good financial reputation to help the other person get his loan.

The positive aspects of co-signing

 The positive aspects of co-signing

1. Co-signing helps a friend or family member get financing

The reasons for asking are many and the majority of them are good: tuition, transportation, housing. If you take away some people’s ability to have a loan, their options become very limited. Seeing his loan application being rejected is a very common reality. However, a co-signer could solve this problem. For example, by making a loan, you can help a loved one pay for school fees, buy a safe car, or even move to a better place.

2. It improves the credit history of both people

In order to improve your credit rating, you need to get a loan, something that can be difficult for some people with difficult financial backgrounds. The co-signer is then beneficial. Someone who has a good credit history could co-sign the loan, which will not only improve the credit rating but also the creditworthiness of the person in need. Moreover, as the co-signer is attached to the first as the main signatory, his credit score increases with each payment made on time.

3. Better interest rates

Unfortunately, people with a difficult financial history have to pay higher interest because, in the eyes of creditors, they are considered at risk. On the other hand, by having a consignee with a good credit history, the person can benefit from the co-signer’s credit rating and thus obtain better interest rates.

4. This avoids the attractive scams of creditors

By having a consignee, you avoid dealing with creditors whose only intentions are not to help you, but to take advantage of your bad credit history. These types of creditors are looking for vulnerable people to take advantage of their lack of knowledge and thus impose extremely high interest rates on them. When a person with a good credit history cosigns your loan, this allows you to get a quality loan from an honest creditor and that will offer you a fair interest rate.

The negative aspects of co-signing

 The negative aspects of co-signing

1. You will not get a material reward

This may be the only reason why co-signing a loan or mortgage could be a bad idea. Indeed, you will have no material benefit as a result of this gesture, you can not drive the car that the person has procured nor live in the house purchased, but you will be responsible for payments. If the person for whom you have co-signed is no longer able to pay, it will be up to you to pay.

2. You are responsible for the loan

If you cosign the loan with someone, you are technically the only reason that this person gets the loan. Your good credit history is the reason why your friends or family member with bad financial history is able to get the loan. If the payments are no longer made, the person with the good credit history, ie you, will be held legally responsible for repaying the remaining debt.

3. You may be refused for a loan in the future

By co-signing a loan today, you may be unable to obtain a loan in the future. Think carefully about your future before signing a loan. You might not think of having a loan soon, but the reality is that you never know what can happen. You will not want to be rejected when you need it.

4. You will have to make the payments

Prepare to make payments at any time. Given that you are responsible for the loan now, you must be prepared to make the payments to protect your credit history. Put money aside in case the other signatory is no longer able to fulfill its commitments.

5. You will have to watch the payments

Even if your friend or family member claims to be making the payments on time, you have to check everything yourself. Failure to check the regularity and accuracy of the payments made is simply not an option. You will have to treat this loan as another monthly bill, so stay organized and ready to pay at any time.

Wanting to help our friends or family is never a bad idea. However, when seeking your financial assistance, think carefully about the consequences. Depending on the situation, the positive aspects of co-signing might outweigh the negative aspects, but the opposite is just as possible. The best solution for both parties is to understand what the co-signature actually entails. Thus, by analyzing the situation carefully, you will be able to say yes to your friends without fearing the impact on your financial life.

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Germany will allow the rescue fund to buy debt from eurozone countries with problems



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Barcelona (Redacción) .- Germany will allow the rescue fund to buy debt from eurozone countries with problems, such as Spain or Italy. It reports the online edition of the British Guardian, Chancellor Angela Merkel shortly allow the use of 750,000 million euros of the bailout fund. the European Financial Stability Fund (EFSF), to buy government bonds affected by the crisis.

This measure is taken in order to drastically reduce the high borrowing costs of Spain and Italy and “prevent the disintegration of the single European currency,” says The Guardian .

The German opposition to allow the EFSF to lend money directly to eurozone countries with problems has been a constant, mainly because of fear that it is Berlin who ends up paying the costs and that Greece, Portugal and Ireland escape the harsh conditions who are bound to receive their respective ransoms.

Different formulas

Image result for european unionThe news in this sense has been repeated since last week. One of the formulas in which the European Union (EU) has been working, and which seems to be the idea accepted by Merkel according to the British newspaper, is that the amount borrowed is not considered a “preferential” debt, since This would imply that the State should pay for its payment before the rest of the public debt that it places in the markets.

For this, the resources should come from the EFSF, the solution accepted by Merkel, because they do not have this condition of preference. However, if the funds came from the ESM (the European Stability Mechanism), which is not yet in progress unless it is ratified by the parliaments of some States, it would have this character of senior debt.

In the search for formulas that minimize the damage that can be caused to Spanish sovereign debt by injection into the European fund bank, the EU, according to EU sources told Efe in Los Cabos, where the G20 summit is held, decision margin is scarce, given that today direct aid is discarded to the bank, and therefore, the injection of resources must be made through the Spanish State. “Spain is the first case that is presented and there are not many options, but we will try to put on the table measures that allow the aid to be relaxed,” said a senior official.

One of the possibilities on the table, said the same sources, is to extend the term of the loan that will be granted to the bank so that the impact on the increase in the debt will be diluted.

In any case, said the same sources, it is necessary to look for a way that “reduces to the maximum” this effect of “contamination” between the aid to the bank and the sovereign debt. Since Spain and the Eurogroup announced a pact ten days ago to recapitalize the bank with up to 100,000 million euros, the markets have put a great pressure on the Spanish debt, which has achieved historical returns in the secondary market.

“I am sure that the market will recognize the effort that the Spanish State is making once the aid is completed,” the senior official said today.
The assistance that Spanish banks will receive would be injected through the Publicly Ordered Banking Restructuring Fund (FROB), because the European Stability Fund does not allow direct assistance to banks but through the States.

This mechanism, in any case, has generated some negative reactions at the G20 summit, given the evidence that aid to banks will have an impact on sovereign debt and will lead to the punishment of markets. This was highlighted on Monday by the President of the European Commission, Jose Manuel Durao Barroso, who said that once Spain asks for the aid, it will be necessary to open a negotiation to find a mechanism that allows the aid “not to contaminate the sovereign debt. ” Spanish.

In turn, the Spanish Prime Minister, Mariano Rajoy, took advantage of the G20 plenary to show his dissatisfaction with the system devised for aid, which he considers “tremendously harmful” because it links banking risk to sovereign risk. Spain negotiated for weeks the possibility that the aid was granted directly to the bank, but it was not possible due to the opposition of some countries, led by Germany.

Today, the German Chancellor, Angela Merkel, said that at the summit of Los Cabos the G20 asked Spain “clarity” on the terms in which it will receive the aid to recapitalize the bank, which is calculated a capital needs of more of 40,000 million. The spokesman for Economic Affairs of the European Commission, Amadeu Altafaj, said today that the possibility defended by Spain of directly recapitalizing the bank “is not something that can be imagined in the short term.”

The spokesman added that the first thing now is to complete the ratification of the treaty of the European Stability Mechanism (ESM) so that it can enter into force on July 9. He also reiterated that the direct recapitalization of entities is not contemplated in the current treaty of the ESM, so we will have to work with what is on the table and think about its ratification before its modification. The help of up to 100,000 million euros to the Spanish banking system by the eurozone will be one of the main topics of the meeting of finance ministers of the Eurogroup to be held on Thursday in Luxembourg.

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Main reasons why people turn to Quebec Loans

At Prêts Québec, our goal is to provide all Canadians, regardless of their credit status, with a wide variety of products related to loans, credit or debts. Whether it is to deal with consumer debts or to renovate your home, Loans Quebec can help you. If you are currently looking for financial assistance, Loans Quebec should be your first stop. To help you answer your questions better, here are the top 10 reasons why the majority of our clients turn to us for financial assistance according to their needs.

To Manage Credit Card Debt

To Manage Credit Card Debt

Unfortunately, credit card debt is one of the biggest financial problems facing most Canadians. There is nothing worse than feeling trapped by past debt. We offer several options to help you better manage your debt and free yourself:

  • credit rehabilitation
  • debt settlement
  • consumer proposals and bankruptcy for more serious cases

If your credit card debt has become far too heavy for you, the first step is to choose the best debt relief solution for your needs. One of our advisors is always available to help you start the process.

To buy a vehicle

Most Canadians need a vehicle to get to work, to help with everyday tasks such as grocery shopping or picking up children. A car is a necessity and Loans Quebec offers financing solutions for everyone. For those looking for financing for something less convenient and more adventurous, we also offer loans for recreational vehicles. Among others:

  • Motorcycle
  • VR
  • Boat
  • Snowmobile

To buy a house

Taking a mortgage from a reputable bank or other more traditional financial institution is a great option for many people, but for those looking for a more personalized experience or simply for reasons of rejection by the banks, we can help you . We can find the type of mortgage or mortgage you need:

  • First mortgage. For those looking to buy their first home
  • Second mortgage. For those looking to invest in real estate walking.
  • Relay credit. Short-term needs, mortgage financing or to help you move from non-viable to viable.
  • Mortgage refinancing. For those who want to tap into their own funds.

To renovate a house

Even the simplest home renovations can cost thousands of dollars. So, if you’re thinking of renovating a part of your home, taking a loan is a great way to finance these renovations. One of the main reasons, other than creating the house of your dreams and enjoying it with your family, is to increase its value by modernizing it. A new kitchen, modernizing the bathroom facilities or a finished basement can give a lot of value to your home and even take advantage of it if you decide to sell in the future.

To organize the wedding of your dreams

To organize the wedding of your dreams

Weddings cost money, especially if you have a long list of guests or have a specific idea of how this special day is going to work. Before you even think of charging wedding expenses to a high-interest credit card, consider a loan to finance your wedding. This option is particularly beneficial for people with good credit, allowing you to get a better interest rate than that associated with your credit card.

To invest in a company

Investing in your own business is a great way to improve your customer base, hire more employees and make more money. Most business owners, whether it’s a startup or a large corporation, need to take a loan at one time or another to invest and grow their business.

To consolidate a debt

To consolidate a debt

A debt consolidation loan is one of the most common ways to help manage out-of-control debts. Quebec Loans can put you in touch with a lender who specializes in debt consolidation. You could as well:

  • Reduce the amount you owe each month
  • Refund your creditors
  • Avoid bankruptcy
  • Improve your credit

Break the cycle of payday loans

Break the cycle of payday loans

The payday loan industry is eating away consumers who find themselves in dramatic situations with nowhere to go. It may be almost impossible to break the cycle of debts that payday loans create. Fortunately, many of our clients have been able to cope by taking a more suitable personal loan that offers them:

  • Payments according to their budget
  • Lower interest rates
  • Better conditions
  • An opportunity to start rebuilding their credit

To help cover the cost of an emergency

To help cover the cost of an emergency

Unfortunately, life is on its way and can sometimes be expensive. A short-term installment loan is one of the best ways to help cover the cost of an unexpected expense. Generally, you will be approved after a day or two, which means that you will be able to deal with your urgent situation as quickly as possible. Here are some cases where an emergency loan can help you:

  • Car problems
  • Unexpected travel
  • Medical fees
  • Property damage

To settle a tax debt

To settle a tax debt

Dismissing money from the government is not pleasant for anyone, especially if you do not expect an invoice and you are not able to repay it. Taking a personal loan to settle your tax bill can reassure you and you will not need any more money from the government.

Are you looking for specific financial assistance?

If none of these options can meet your needs, a financial specialist of your choice would be more than happy to help you find a solution to your problems or a loan to cover your expenses.

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It’s time for cucurbits!

Image result for cucurbits

For days now he did not dedicate a post to praise the virtues of a particular food or his family. And I say well of his Family , from the botanical point of view ( Cucurbitaceae ), since it is home to an important number of succulent, tasty and turgid products that precisely at this time of the year reach their maximum splendor.

To a large extent this entry is dedicated to the spectacular watermelon of more than 5 kilos of which last week we gave a good account in family … I think without a doubt I can say that it was the best watermelon I have ever tasted. So he goes for it.

The family well, thank you

Image result for family happyThere are several species of fruits and vegetables that have a prominent and usual place in our tables, or should have it. Undoubtedly among the fruits include the watermelon already mentioned and melon , and among these vegetables, zucchini , pumpkins (both winter and summer) and cucumber . When we eat any of these foods, we realize their fruits of the berry type or “modified berries” (or pepónide) that are more typical in those species with food interest.

From a gastronomic point of view, they lend themselves to innumerable presentations . Anyway and in the case of fruits, I think you already know my opinion, I am especially in favor of taking advantage of them directly, “without distractions”, it is about having more or less luck in their choice (when they are closed) and apply to them , without more. Without foolishnesses. I already tell you that is my opinion. However, we must recognize the existence of a traditional and simple dish where there are some classic summer, I mean melon with ham . I have an acquaintance who, when eating, feeds every summer melon with ham, and I do not exaggerate a single day. I, however, am more than … ham on one side and melon on the other, especially when these are especially famous. Now, about tastes there is nothing written. Some more modern recipes include any of these fruits in starters and main dishes … in my opinion and on paper (without having tried them) a little to the force . In this link you have a few and also in the always recommended blog ” Direct to the palate ” you can find no little inspiration with these fruits as ingredients.

In the case of the vegetables of this family the culinary fan literally spreads . From hot preparations as a garnish, on a skewer, to the oven, sautéed; in creams, purées and puddings, both cold and hot … not to mention the possibility of preparing one of my weaknesses, the refreshing Tzatziki sauce of Greek origin, made with yoghurt and cucumber and a perfect alternative to the everlasting (and to my tiredness and empalagosa) barbecue sauce when various grilled dishes are prepared. Here is a recipe for this pleasant accompaniment.

I do not know what you are waiting for, I would run to the nearest market and I would be ready to enjoy this wonderful summer still life that the Cucurbitaceae family offers us. The recipes come in handy from time to time, but they are not indispensable either … especially when the product is as ready as it is now … who can resist a fresh cucumber dish dressed with good extra virgin olive oil and a pinch of salt right after returning from riding a bike, or running or just after a hot day?


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Domínguez-Gil: "We work on using animals as incubators for human organs"

   Very honest, with a feeling of certain vertigo but quiet. This is how Beatriz Domínguez-Gil felt when she was informed that she would be the replacement of Rafael Matesanz at the head of the National Transplant Organization (ONT) . He knows that he has the responsibility to maintain, and even surpass, the level of excellence considered to be the jewel in the crown of Spanish healthcare, but having a very cohesive and experienced team gives him security.

This Galician, born in 1971, has a degree in Medicine and Surgery from the University of Salamanca and a specialist in nephrology. She has been a member of the ONT since 2006 and is the author of more than one hundred publications in national and international scientific journals and book chapters.

Where does the interest in this branch come from?

Where does the interest in this branch come from?

I was a precocious lover of nephrology. I fell in love during the race because I had some teachers who got me to like it a lot. I made the specialty on October 12, Madrid, a hospital especially active in the field of donation and transplantation, and very quickly I was attracted to the world of kidney transplantation, not only for its technical aspects but also for the humanitarian part and all the science of donation. Then I came to the opportunity to work at the ONT and I have been addicted to this area of ​​knowledge for many years.



How do you innovate in a field in which you are a leader?

How do you innovate in a field in which you are a leader?

There is a quantitative and a qualitative innovation. We are working on consolidating lines such as the collaboration with the Emergency Services and the donation in asystole, which allow us, to the same number of donors, to increase the number of transplants, but also in the use of organs from elderly donors, each time with best results. On the other hand, innovations in other therapeutic areas can open new ways of donation. Advances that have been made, for example, in the treatment of hepatitis C, raise the possibility of using donor organs that are positive for the virus in negative receptors. We also want to emphasize pediatric donation. By 2022 we plan to reach 50 donors per million population and increase the transplanting activity by 10%; get closer to the 5,500 transplants. And then there are the qualitative improvements. With the ONT Digital Plan we want to work with all the information currently available and use it to improve the results after the transplant.

What would be the most immediate steps?

What would be the most immediate steps?Implement the strategic plan of the ONT for the next five years, with the lines of work mentioned above, and as something more innovative, focus on how we will develop cell therapies especially in the coming years, how we can reach make advances in this area more achievable to citizens and in a sustainable way. We also intend to consolidate our system and our IT structure to accommodate and exit all aspects and projects that we have in progress.

What do you think when you hear about head transplantation?

Life resides in the brain. If something is transplanted, the body is transplanted. I think he has many practical and ethical considerations that put him in doubt. All the great geniuses were called crazy sometimes, but I think that today is not feasible.

What possibilities can science offer that are considered fiction today?

<strong>What possibilities can science offer that are considered fiction today?</strong>

A line of development that has a certain size but that still seems to us to be science fiction could be the construction of bioartificial organs. Not only would it address the shortage of organs for transplants but also the issue of rejection, because they will be built ad hoc with cells from the recipient. On the other hand we have the line led by [Juan Carlos] Izpisúa to use large animals as incubators of human organs. They are very advanced and very attractive work lines. I do not know if they will arrive at the clinic or how long it will take. If we were to arrive, we would have to value sustainability. Can we build organs sine die, how many, how much would it cost?

Recently the ONT has signed an agreement with India. Are there more planned?
We have some in line with smaller countries. Basically we lend our knowledge when it comes to building a solid model of donation and transplants. Many times these agreements have resulted in the literal copy of the Spanish model successfully. One of the most paradigmatic examples is that of Croatia. In other countries, not all elements are reproducible. But whenever we copy one we see results. With our cooperation, recently Canada, Australia or the United Kingdom have seen a very important increase in their donation figures as a result of incorporating the figure of intensivist in the process in a very similar way to what has been done in Spain.

Spain does not have an organ trafficking problem, but you are very involved in this issue internationally. What measures are necessary?

<strong>Spain does not have an organ trafficking problem, but you are very involved in this issue internationally. What measures are necessary?</strong>

We have always based the fight against organ trafficking in sharing our good work. If we have a solid donation and transplant system, there are no desperate patients trying to find an organ on the black market and as a result the exploitation of a vulnerable person in other countries of the world. Now, when the practices occur and are detected, we believe that there must be a commitment from everyone to fight against this type of practices, notifying the cases and pursuing them adequately, giving us all countries a similar legislative framework. This is what we have tried to promote through the Convention of Santiago de Compostela or in the agreement of the European Council in the fight against organ trafficking.

Is it a problem that goes further?

Is it a problem that goes further?

I do not think so. Unlike. In the European environment in particular, thanks among other things to the actions that have been developed in the Council of Europe or in the EU and in each of the Member States, the control of all the donation and transplant activity has been greatly strengthened. . Now, outside of Europe, yes. There are certain destinations that we know have serious problems. What we are achieving is a growing international awareness to identify those countries and ask for explanations for them to take action.

Which are?

In Asia, Pakistan, India, the Philippines; in North Africa, Egypt; some countries in Eastern Europe and some in Latin America. But it is the rich countries, the transmitters of tourists of transplants, who also have to assume responsibilities. There has to be a case identification system that seeks to investigate what has happened and try to identify intermediaries and professionals who are participating in this type of practice to end them.

With what figures will the year end?

At October 31, the increase in donation and transplantation activity was approximately 7%. In some transplants, such as lung transplants, we exceed 17%. If we continue like this, we could end the year with more than 2,100 organ donors. We could place ourselves in more than 45 donors per million and I think we will surpass 5,000 transplants.

Do you see the need for the non-donor register proposed by Compromís?

Do you see the need for the non-donor register proposed by Comprom&iacute;s?

No. First because there is already the register of anticipated wills, through which any citizen can express their wish. Secondly, because we always talk to the family in order to understand what was the intention of the deceased if he has not left it expressed in some document with legal validity. Applying sensu stricto the presumed consent law proposed by Compromís could be perceived as an attempt to control organs by the Government, which would probably have a very negative impact on the consideration of donation by citizens. How we do it works very well. 85% of families say yes to the donation. There is no country with consent rates like ours.

If I had to put a but, what would it be?

The most complicated transplant is the cardiac one. Our potential donor is increasingly greater and one of the organs that most affected by aging is the heart. I am particularly concerned to see how to increase the availability of hearts for transplant in general and for children in particular. A heart transplant program for very young children is already underway in Spain, which we believe will lead to the first transplant in the short term.

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