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Top 5 American Express Credit Cards in Singapore

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American Express is one of the biggest issuers of credit cards in the world. The company offers cards that are customized to meet the needs of all kinds of customers but mostly they cater to the needs of individuals with high net worth. At present, more than 100 million people around the world use cards that are issued by this multinational financial company. American Express has a very strong presence in most Asian countries including Singapore. It offers a range of credit cards that are very popular with residents of this island nation.

The top 5 American Express credit cards offered in Singapore are as follows:

1. True Cash Back Card – This card has been designed to help people with saving more money when they use the card for their daily expenses. A percentage of the amount spent with the card with be credited back to the cardholders’ account as cash back and so they can save money in the process. The cardholders will need to pay a little more than S$170 as annual fee for the card and they can also opt for supplementary cards for their loved ones to share with them the benefits offered with this card.

2. American Express Platinum Card – As its name suggest, this credit card comes with features that are designed for people with premier lifestyles and it can offer them with golfing, dining and travel benefits. Because of its worldwide acceptability, this card can be used at merchant outlets around the globe. The annual fee for the card charged is relatively high and so it may not be ideal for those who are looking for a card with low annual fee or other charges.

3. American Express Rewards Card – This is the ideal American Express credit card for those who want to earn reward points every time they use their card for any transaction. The reward points can be redeemed without any difficulty and on the website of American Express Singapore. The cardholders are offered with higher reward points when they use the card at some of the selected merchant outlets in Singapore. Only people aged 21 or above can apply for this card, which comes with a low annual fee of around S$50.

4. American Express Platinum Reserve Card – It is the ideal card for those who want to earn higher reward points for all of their purchases. It can the cardholders can earn up to 50,000 points in the initial 6 months of receiving the card by spending a specified amount of money. It is also very good for those who frequently dine out as it will offer them with discounts and other privileges at some of the top restaurants in the country. It does come with a high annual fee of more than S$500.

5. American Express Singapore Airlines KrisFlyer Gold Card – This American Express credit card has been designed for those who travel by Singapore Airlines on a regular basis as they can enjoy discounts of air tickets and a range of other travel benefits. With every dollar spent with the card, the cardholders earn air miles and the accumulated air miles can then be redeemed for hotel bookings, flight reservations and other travel benefits. Only people with high credit score can apply for this card.

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ETH Price Could Reach $20k, All Eyes on The PoS Update

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ETH Price Could Reach $20k, All Eyes on The PoS Update
  • In the past 15 days, Ethereum has surpassed $3000.
  • The PoS merger may have a significant effect on the ETH price.

Ethereum has risen 126% in three weeks. Founder Vitalik Buterin expects PoS to debut before the end of the year. The PoS network will make the platform 90% more energy efficient than it is today. Thus, the ETH price will shortly reach $20k.

The token issuance factor connected with the update will shortly value Ethereum at $20k. Currently, the asset issues approximately 13,500 ETH each day. It takes 27 million Ether each day to maintain this altcoin’s price over $2000.

Token Issuance May Decrease by 90%

However, after the PoS update is implemented, the token issuance may decrease by 90%. That is, just 1,350 ETH each day could keep the ETH price at $20k. This will maintain the asset’s average price over $20k.

In the past 15 days, Ethereum has surpassed $3000. It recently created a rising wedge pattern. Sellers seem to be outnumbering purchasers in the asset. The second most popular crypto, at $3600, was rejected almost five times in a row.

ETH/USDT: Source: TradingView

Moreover, the candle’s wick seems to have exceeded $3,625. As a result, the asset may consolidate between $3400 and $3600. If this level is not held, the price is anticipated to go back to the original support level of $3100.

As the leading asset, Bitcoin reaches new highs. The Ethereum price rise seems to be more diversified. The PoS merger may have a significant effect on the ETH price, causing it to skyrocket. But the pricing goal for 2021 is still $10,000. A longer rally with network improvements may push the price to the new goal of $20,000.

According to CoinMarketCap, Ethereum price today is $3,598.16 USD with a 24-hour trading volume of $13,261,914,283 USD.

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Powerbridge Technologies Set To Launch Bitcoin And Ethereum Mining In Hong Kong

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Powerbridge Technologies mining

Powercrypto Holdings, a subsidiary of the blockchain software provider Powerbridge Technologies, is launching cryptocurrency mining, specifically Bitcoin (BTC)and Ethereum (ETH), in Hong Kong. These cryptocurrency operations will utilize environmental-friendly, green, and sustainable energy. This announcement was made in a press release on Friday, October 8, 2021

Powerbridge Technologies is a growth-driven technology company primarily engaged in SaaS solutions and Blockchain applications.

Launching Crypto Mining In Hong Kong

Powerbridge Technologies plans to deploy a total of 2,600 high-performance mining rigs in Hong Kong, including 600 BTC mining machines working at a hash rate of approximately 60 PH/s. It also includes 2,000 ETH mining machines, with a hash rate power of approximately 1,000 GH/s.

According to the announcement, Powercrypto aims to increase the BTC and ETH hash rate levels across the North American and Asian markets.

Related Reading | Since China’s Mining Ban, Bitcoin Hashrate Has Recovered by 68% And Counting

Sean Wang, Powercrypto’s General Manager and Chief Technology Officer, stated that: “Powercrypto is a major strategic move by the Company to highlight our global presence in the crypto-mining business. We will focus on enhancing our overall hash rate level in BTC and ETH mining by setting up mining fleets in North America and Asia.”

In its global BTC and ETH mining, the company plans to focus on maximizing the use of carbon-free clean energy power. Powerbridge Technologies President Stewart Lor, also commented, “We are very excited about our launch and positioning as a global presence in the cryptocurrency mining business. We expect our high-performance environmental-friendly crypto-mining fleets to significantly accelerate our revenue.”

Related Reading | Value Of Ethereum Held By Miners Reaches Five-Year Record Levels

Powerbridge Technologies states that it plans to increase its bitcoin miners with an expected capacity of 10,000 miners and an expected hash rate of 728 PH/S. Additionally, according to the company, its proprietary AI/GPU operating system can support up to 100,000 ETH miners in operation.

Powercrypto Holdings: A Subsidiary Of Powerbridge Technologies

Powerbridge Technologies established Powercrypto Holdings, its new Singapore-based subsidiary for its Crypto Mining and Digital Asset operations, late last month.

Powercrypto focuses on green renewable energy-powered crypto mining farms with its intended worldwide operations. The announcement states that the subsidiary strives to become one of the most competitive Bitcoin and Ethereum mining companies. The President of Powerbridge Technologies believes that Powerbridge is well-positioned to accelerate the growth of its crypto businesses and generate promising revenue from it.

BTC trading at $54.9K | Source: BTCUSD on TradingView.com

A few days ago, the company announced the appointment of Sean X. Wang as General Manager and Chief Technology Officer of Powercrypto Holdings. Mr. Wang, a blockchain expert, was brought on to lead the operations and technology development of Powercrypto’s crypto mining business. He reportedly has wide-ranging expertise in the fields of crypto mining and digital assets operations, having managed and operated mining fleets with nearly forty thousand Bitcoin and Ethereum mining rigs.

Digital Currencies In Hong Kong

Hong Kong has played a crucial role in the history of cryptocurrencies. It is the birthplace of some of the world’s largest crypto companies. Tether, the world’s largest stablecoin, was also launched here.

Hong Kong is a metropolitan area and special administrative region of China. Therefore, unfavorable regulations have affected the digital assets space in the region. However, it has been making efforts to develop its Central Bank Digital Currency (CBDC), e-HKD since 2017.

Featured image by CoinGeek, Chart from TradingView.com
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Fantom (FTM) May Hit $20 Soon Says, Experts

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Fantom (FTM) May Hit $20 Soon Says, Experts
  • One of Fantom’s main draws is its transaction speed.
  • The price may reach $10 because of the 1.618 FIB Extensions.

Numerous new cryptocurrency assets have garnered public notice before the current Bull Run. Aside from the well-known crypto assets like Bitcoin, Ethereum, Cardano, and XRP, other assets are gaining popularity. One of them is Fantom, which grew rapidly. Also, FTM pricing is anticipated to hit double-digits shortly.

One of Fantom’s main draws is its transaction speed. It can settle thousands of transactions per second. Transactional costs are typically insignificant. In May, Fantom had 3 million transactions, making it the fastest blockchain platform.

May Reach the Double-digit Goal

In the current trading year, the FTM price has risen almost 24000 percent from its low of $0.0081. With a 100% increase in the last seven days, the asset is now in the discovery phase. According to an expert, The Wolf of All Streets, the price may rise to above $3 in the following two weeks.

As said, the expert anticipates the asset to establish additional highs. If the asset’s price trend continues, it may reach the double-digit goal in the following days. FTM pricing is presently in the discovery phase after hitting a fresh ATH of $2.43 in early trade. With a 106.13 percent increase in volume, the asset currently stands at $5 billion. Moreover, if the pace continues, it may reach the top 20.

One prominent expert thinks the price may soon reach double digits despite a little rejection and a minor consolidation. Analyst Pontus Trader sees an Elliott wave pattern. The 5th wave may see the price reach $10.

According to the analyst’s chart, if the current wave matches the 2-3 wavelength, the price may reach $10 because of 1.618 FIB Extensions. Overall, Fantom (FTM) pricing is acquiring massive popularity. According to CoinMarketCap, Fantom price today is $2.20 USD with a 24-hour trading volume of $1,535,607,856 USD.

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Why The $1 Trillion Coin Gives You A Reason To Long Bitcoin

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bitcoin bull flag

In the past weeks, the Bitcoin bulls have shown great strength pushing BTC’s price back into the $50,0000. In the meantime, the members of the U.S. government have re-opened a pandora box in an attempt to elevate their debt ceiling: to mint a $1 trillion coin and prevent it from defaulting on their national debt.

Related Reading | Inflatable Bitcoin Rat Makes Comeback Due To Federal Reserve Ethics Issue

As Peter St. Onge, a Ph.D. and economic research fellow at Heritage Foundation, explained in a post called “Trillion Dollar Coin: Rocket Fuel for Bitcoin”, the measure has been deferred at the expense of $480 billion taken from the American public, but BTC and its holder have already benefit.

As Onge pointed out, the U.S. government has been pushing the limit on their debt since several decades ago. In fact, it’s not the first time a government official has proposed to mint a $1 trillion coin and keep it on the U.S. Treasury balance sheet to elevate their debt ceiling.

In that sense, the researcher referred to the $1 trillion coin as a “gimmick to exploit a legal loophole”. The decision has been postponed at the moment, but the U.S. government could return to consider it if the economic situation worsens. Thus, making Bitcoin much stronger.

Related Reading | Fed Chair Says Still “Working on” Digital Dollar as China Pulls Ahead

The scenario where the U.S. decides to issue a $1 trillion coin could have devasting consequences for the global economy due to the status of the USD as the global reserve currency. Onge said the following on the chaos that could ensue:

(…) the end result of a trillion-dollar coin is radically higher money creation, radically higher government absorption of real resources from the private sector, and a federal government that has finally maxxed out the credit card once and for all. Bringing them at last face to face with the universe’s ultimate debt ceiling: the bond market.

How Bitcoin Has Benefit From The $1 Trillion Coin

The fact that the discussion to mint a $1 trillion coin is actually being considered by the U.S. government, is already a bullish factor for Bitcoin, the research claimed. BTC was created as a result of a financial crisis and a lack of trust in the central authorities that rule over the global monetary supply.

In that sense, Bitcoin operates as insurance, a way to opt-out of a system that seems to be trap in a “pattern of destroying the world every decade”, as Onge said. Inflation, one of the main problems that came out of the COVID-19, could be significantly worse if handle by other branches of the U.S. government. The research said:

(…) if you think central banks like printing money, just wait til you meet Congress. And, as corollary, if Bitcoin’s price likes the Fed’s money printers, wait til they meet a Treasury that shoots out trillion-dollar scrip for sport.

Ultimately, Onge rules out the possibility of a $1 trillion coin, but its symbol of inflation and lack of trust in the government stands. Thus, it becomes just another reason to hold Bitcoin.

Related Reading | Bitcoin Back To $64K? Why This Time The Bulls Have The Winning Edge

At the time of writing, BTC trades at $54,976 with a 1.3% profit in the daily chart.

BTC with small gains in the daily chart. Source: BTCUSD Tradingview
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Top Gainer Of The Week : Shiba Inu (SHIB) Jumped Over 273%

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Top Gainer Of The Week : Shiba Inu (SHIB) Jumped Over 273%

The world has emerged into the trend of cryptocurrencies as the technology grabs the attention of investors on a large scale. Moreover, in recent times, meme-currencies were the talk of the town which created a buzz in the market. Dogecoin was the first meme-currency that was trending with the support from Elon Musk.

Initially, it all started as a joke coin, but as the support from Musk was trending, the coin also began to trend in popularity and price value. Following that many memes, cryptocurrencies began to rise and from those, some had the potential to reach heights. One such coin is Shiba Inu (SHIB) which has risen in popularity as well as in price value.

Shiba Inu (SHIB) is an Ethereum-based token that aspires to be an Ethereum-based solution to the popular meme coin Dogecoin (DOGE). It was established by an anonymous individual named Ryoshi, and the coin’s website describes it as “a decentralized meme token that developed into a vibrant ecosystem.”

Current Market Status

The current trading price of Shiba Inu (SHIB) is $0.000026 with a trading volume of $9,117,315,771 in the last 24-hours. Moreover, SHIB has surged to 273% within a week and it is the 20th biggest cryptocurrency in market value. The current circulating supply of SHIB coins is 394,796,000,000,000.

Trading Chart of SHIB

The price chart of SHIB depicts the bullish pattern for the past week. The price value of SHIB has surged from $0.0000077 to $0.00003366 within seven days. Consequently, SHIB is 26% up in the last 24-hours, whereas 273% up in the past week. SHIB is available in top exchanges such as Binance, Mandala Exchange, OKEx, Huobi Global, and FTX.

SHIB Partners With NOWPayments

Shiba Inu has announced its partnership with NowPayments which will be onboard soon. SHIB users can use NowPayments for burning $SHIB, $LEASH, and $BONE. NowPayments is a non-custodial payment process platform that provides an easy way to accept online payments with various cryptocurrencies.

Considering the recent update, the firm’s announcement on partnering with NowPayments might be the reason for the price surge. However, SHIB is a popular token that has already created an impact among investors. Users are experiencing a sweet spot over the past week and they expect more price hikes in the upcoming days. With the ongoing developments and updates, SHIB has the potential to reach heights.

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Charlie Lee Sums Up Litecoin’s 10 Years History. Part Two: Exchanges + Betrayal

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Charlie Lee, a Litecoin coin

The creator of Litecoin, Charlie Lee, continues to guide us through memory lane. For part one, he took us through Litecoin’s fair launch. Considering the small number of projects that have managed to do this, it’s a pretty big achievement. Today, for part two, we’re going to cover the project’s relation with cryptocurrency exchanges. Charlie Lee wears his heart on his sleeve for this one, and tells a heartfelt story that ends up in betrayal. Can you feel the excitement in the air?

Related Reading | Charlie Lee Predicts Resurgence of Litecoin as Bitcoin Cash Falters

This part of the story is all about relationships, connections, and the long road to credibility. It’s also about Charlie Lee’s resistance and willpower.

Before we get into the meat and potatoes of the story, though, a light detail that shouldn’t go unnoticed.

Charlie Lee Gives Flowers To The Litecoin Logo Creators

There’s not much story to the logos, but it’s cool that Charlie Lee gives credit where credit is due. The first and the second one show evolution:

And the final one is a simplification of the second one:

That being said, let’s get back to the story.

LTC price chart for 10/09/2021 on Coinbase | Source: LTC/USD on TradingView.com

Litecoin’s Long Hard Road To Exchange Listings

This contradicts the title, but, in 2011 Litecoin was immediately listed in the defunct BTC-e. The site was a pretty successful cryptocurrency exchange that fell into disgrace when the US Justice Department accused them of laundering funds from the Mt. Gox hack, but that’s another story. Regarding Litecoin, Charlie Lee tells us that the listing, “helped a lot as miners had access to liquidity pretty quickly. Litecoin quickly become one of the most popular coin on BTC-e.

However, even though Lee “pretty much talked to all the exchanges to support LTC,” it was two years later that the second one listed Litecoin. Bitfinex took a chance on the nascent project, “This was a huge deal for Litecoin. It’s the first major exchange to support LTC.”

Then, Charlie Lee remember how he tried to get the CEO of Bitstamp to list them and he laughed him off. Only to list the coin in 2017. The same thing happened with BitPay, who ended up supporting Litecoin only this year. 

The Chinese exchanges, though, listed Litecoin from the beginning. “Sometime late 2012 to early 2013, 2 of the largest exchanges in China, Okcoin and Huobi, added support for LTC. That was huge.” A question arises, did Charlie Lee have to throw shade at those two exchanges this hard? “The trading volume was also pretty crazy, but unclear how much of that was fabricated.

Charlie Lee And Coinbase, A Love Story

So, in 2013 Charlie Lee steps down as Litecoin’s lead developer and leaves the job to Warren Togami. At the same time, he leaves a high-paying job at Google because they weren’t interested in anything crypto-related. That’s when Coinbase gets into the picture. Lee contacts them to see if they’re interested in listing Litecoin and they end up hiring him instead.

According to Charlie Lee, “Coinbase was the hot startup and THE crypto company that is making Bitcoin easy to use. I knew that if Bitcoin didn’t succeed, Litecoin wasn’t going anywhere either.” A cold hard truth that all of the Altcoins have to live with to this day. Besides that, Lee wanted to eventually convince Coinbase to support Litecoin. How could he not?

The Chinese connection paid off and the BTC China, lead by Charlie Lee’s brother, listed the coin. “Although it was a huge news, what took him so long?!,” asks Lee hilariously. Also notice that the banner that he mentions plays on the fact that Charlie and Bobby are brothers. 

In 2015, there were rumors that the infamous Mt. Gox exchange was going to list Litecoin. At the time, this was THE place to be. Charlie Lee finally confirms the story, “The rumors were actually true. I was talking to the CEO, Mark Karpelès almost on a daily basis in mid 2015.” However, the Mt. Gox hack was exposed before they materialized those plans. And all hell broke loose. “In hindsight, it was a blessing in disguise.”

Then, as it happens, things turned sour in the Charlie Lee and Coinbase romance.

The Brian Armstrong tweet he refers to says: “Ripple, Stellar, and Altcoins are all a distraction. Bitcoin is way too far ahead. We should be focused on bitcoin and sidechains.” Wow. What would the Brian Armstrong of the present say about that statement?

Anyway, in 2016 Litecoin’s trading volume was exploding in the Chinese exchanges and Charlie Lee saw his opportunity. “This was also when Ethereum was starting to get big. So I put together a proposal to Brian and Fred Ehrsam to add both LTC and ETH to Coinbase.” The proposal’s thesis was that, since people in the US had no easy way to buy, store, and trade those coins, there was “a lot of unsatisfied demand.” And Coinbase could make a lot of money. 

Here it is: betrayal. The two Coinbase executives broke Charlie Lee’s heart by accepting the proposal, but only for Ethereum. “Although I went along with the plan, it kind of rubbed me the wrong way. Litecoin had a much higher global trade volume at the time and was the #2 coin in marketcap.” A little while later, Lee took three months of Coinbase to focus on his project.

Related Reading | CHARLIE LEE: AN UNCOMMON INTERVIEW

In the next episode, Litecoin’s story intertwines with Bitcoin’s and the controversial Segwit implementation. We’re going to discover that Charlie Lee and his team were instrumental in this. How? Tune in to find out. 

 

Featured Image by Executium on Unsplash - Charts by TradingView

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Three Cheapest NFT Tokens – NFT, RONINGMZ, SURE

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Three Cheapest NFT Tokens - NFT, RONINGMZ, SURE

Non-fungible tokens are unique tokens that have exploded in popularity and sales this year. From digital arts or music to game characters or videos, these digital assets have been sold for millions of dollars.

Each NFTs are different and unique which are typically held on blockchain technology. It paves way for the creators an opportunity to monetize. Additionally, the sale of NFT is direct between the creators and the buyer of NFT which leads them to get more profit. Thus, the adoption of NFT surged exponentially and the popularity of NFT reached heights. Now, let’s dig into the three cheapest NFT tokens which are NFT, RONINGMZ, and SURE.

According to Coinmarketcap, APENFT (NFT), Ronin Gamez (RONINGMZ), and inSure DeFi (SURE) are the three cheapest NFT tokens. As a matter of fact, the NFT sales have been recorded to be in billions this year. The market value that NFT has gained among the investors is huge. Among these NFTs where each unique art is being sold in millions, there are cheap NFTs also available in the market.

Current Market Status

The current price of APENFT is $0.000003751 which has surged over 35% within the last 7 days. Whereas, Ronin Gamez (RONINGMZ) is now trading at $0.002036 which has boomed over 390% within a week. The third NFT on the list is inSure DeFi (SURE) is currently trading at $0.003509 that has risen to 13 .71% in a week.

Cheapest NFT Tokens

The hype for NFT and investors falling for NFT artworks is increasing every day. As a result, the sales of NFT just boomed this year. The NFT sales for the first half of this year are over $2.5 billion which seems astounding. Moreover, the well-known digital art “Beeple” was sold for $69 million at the auction house.

However, NFTs are collecting millions of dollars for just one unique art. They are not only in the form of art, NFTs are also in the form of images, videos, game items, and video games. Furthermore, at one point the price value of NFT might surge in no time which may result in high profit for the buyer. As NFTs are the trend in the market the demand is and its adoption is getting high.

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Creditology – Declare War on Your Credit Score!

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The Science and Math Aspect

Creditology as we may refer to it, is the mathematical equations and algorithms utilized to produce a score from a compilation of huge amounts of data that is supposed to predict the tendency for a borrower to default on a loan. This ambiguous and often arbitrary rating system has kept many Americans in a state of helplessness, and allowed banks and insurance companies to charge higher fees and rates based on a number that often times makes no sense, and is actually incorrect. An extremely valuable industry has arisen, that is empowering the consumer to have control over this number, it is called creditology credit repair.

How does Creditology Credit Repair Work?

Quality credit industry professionals have access to software that runs mathematical equations similar to the credit bureaus equations, except in reverse, to determine the optimum levels of credit limits against balances, types of accounts to maintain as open, length of time to keep accounts open, etc.

What is a Credit Score?

A credit score is a number generated by a mathematical formula that is meant to predict credit worthiness. The most common of the credit score standards is the FICO score by Fair Isaac. The FICO score ranges from 350-850 and is intended as a predictor of whether or not you will be 90 days late on a loan obligation. Fair Isaac uses thousands of credit reports to calibrate the FICO scoring model and is very secretive of the exact formula.

Here is a percentage breakdown of a FICO score:

o 35% – Payment History

o 30% – Debt Ratio

o 15% – Length of Credit History

o 10% – Types of Credit

o 10% – Number of Credit Inquiries

It is very possible to remove negative items from your payment history through a credit restoration service, or even on your own, with the right guidance. Consumers can increase their credit history with positive rated accounts that will improve score. With a good credit restoration company, it can be determined the precise number of new accounts to open, with the exact credit limits and balances to maintain to optimize the score.

Most people are aware of the three credit reporting agencies TransUnion, Equifax and Experian. The average difference in score between the highest and lowest of your three FICO scores is 60 points. This is the result of each of the credit bureaus having different items on their report, some correct, some incorrect and some that are not being reported in full compliance with credit law.

According to the Government Accountability Office, 80-90% of credit reports have serious errors on them, and this does not even include the more minute errors that a quality credit restoration company looks for.

How can I get a free copy of my credit report?

By law, all consumers are entitled to a free copy of their credit report from each of the three credit bureaus once a year. However, this is merely a record of accounts on the credit report and a general reference to status, ie “good standing”. Specifics are not offered such as delinquent dates, and most importantly the actual score. For this information, the consumer must pay the bureaus approximately a $40 fee. The law that was supposed to help consumers monitor their credit has become nothing more than a bait and switch to entice consumers to get their “Free Credit Report”, only to realize the vital information is not free!

The bottom line is that there are very different versions of credit profile enhancement, including removing reporting of negative accounts, where possible, removal of erroneous reporting, and frivolous reporting by creditors, as well as the mathematical dynamics behind creditology credit repair. The consumer must utilize a company that has ALL of the resources necessary to optimize all aspects of the credit profile, not just mail out dispute letters.

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Installment Loans and Bad Credit – You Can Get It Right

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You have bad credit. You need a substantial infusion of cash. Where do you go? Finding someone who is willing to extend a long-term or installment loan to you can be a challenge. However, having a verifiable income that will allow you enough cash left over from your monthly expenses to pay such a loan, it can be done.

Getting Lined Up

The first thing you need to to is to develop a positive attitude. That is best done by figuring out your finances, how much of additional debt your finances will allow you to cover, and developing a long-term series of financial goals. Figure how much you need to see you through. Set your goal. You should also check your credit rating so you have an good picture of how potential lenders view you.

Customer Service

In no way should you approach the lending market feeling any sort of desperation. You need an infusion of cash, that is it. If any lender makes you feel like they are doing you a favor, find another lender. You are doing the lender a favor by bringing them your business, poor credit history notwithstanding. If folks such as yourself did not exist, they would not have a business.

Start Traditionally

You should start by lodging queries at your local banks or credit unions. Simply explain, without mortification, why you have bad credit, why you need an infusion of funds, and how you intend to repay. Especially if you have been a long-time customer of a particular financial institution, you may be surprised at how willing loan officers may be to work with you.

Options Regarding Loans

Most traditional lenders, and other lenders, offer two types of loans, secured and unsecured. Unsecured loans are called personal loans or signature loans. Secured loans are those in which you offer valuable property as security to back up the loan. Secured loans are usually called home equity loans, line of credit on equity loans, and other similar epithets.

Online Opportunities

If you are seeking to borrow a large sum of money and do not have good credit, traditional lenders may not be your best source. Many could be better offer off by scouring the internet for long-term loans for folks with bad credit. Indeed, many offer them without the rigors of a credit check at all. In fact, due to recent economic downturns, many have entered the lending market seeing the need of financially down-trodden who need a lift to get back on their feet financially.

Short-term Opportunities

Should you still be hampered because of your credit past, consider taking out a series of small cash loans with establishments who report to the credit bureaus. As you prove your fiscal responsibility, other opportunities will become available.

Be Wise

Regardless of which route you choose, the important thing is to keep your integrity and to shop around. Find out about as many lenders as you can — their interest rates and their repayment terms. Find the one that is most amenable to you in terms of how much they charge for allowing you to use their money and how much they can make monthly payments fit your budget. Shopping around is best whether you seek out online lenders or traditional lenders.

Do Not Give Up

Have a goal firmly in mind. Have an amount in mind. (Do you really need that much?) Have a strategy for repayment in mind. Get ready to search, search, search. You will eventually find a lender who is willing to work with you for an affordable, long-term installment loan. You will find a lender willing to offer decent interest rates and payments you can live with.

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Chingari’s Crypto Token Will Be Empowered with Solana Blockchain

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Chingari’s Crypto Token Will Be Empowered with Solana Blockchain

Chingari is India’s popular short video sharing mobile application which has numerous facilities to attract the users. This entertainment app now secured $19 million in crypto funding rounds to build its token ‘$GARI’ with advanced crypto technology “Solana blockchain.” 

However, the Crypto industry is growing at a fast pace attracting almost all other groups into its digital world. It is significantly visible that crypto adoption is bubbling up along with its innovative technologies supporting the industry. 

Chingari ($GARI) with Solana

The CEO of Chingari, Sumit Ghosh is smartly moving along with the trend of crypto’s which will be the vital source in the near future. So, he planned to launch a new token called  ‘$GARI’ which will be the sensitive piece of the network. Thus, the capital amount $19 Million will be utilized to upgrade the platform, to inaugurate a Chingari’s crypto token with Solana blockchain. 

Moreover, the crypto funding was successful involving great investing ventures and individuals associated with crypto firms. It includes RepublicCrypto, Alameda Research, Solana Capital, Valor Equity Partners,Galaxy Digital along with Kraken, a US based Crypto exchange. 

Besides, the most interesting part of Chingari network is partnering with Solana Blockchain which is a popular crypto technology at present. In addition, the crypto market has a wide range of followers and users in India which can boost this partnership to a greater extent. 

Also, Solana is reaching its all-time high value in the marketplace for its transparent ecosystem and low transaction cost. Additionally, Solana blockchain is owning a censorship which develops an open network for platforms to achieve global adoption. Thus, Solana’s fame in the crypto market will raise the monetisation of the app. 

Crypto Funding

Further, the $19 million secured through fundraising includes various crypto assets such as Tether (USDT), stablecoins and USDC. More so, the short video app has a great reach covering up 30 million active users with over 78 million visual downloads. The CEO of Chingari app shares that the high scope of cryptocurrency in India will support the platform to achieve new milestones. And the robotic strategy of combining the new token with Solana will deliver promising industry developments in the market. 

However, the new advancement of launching the crypto token with the blockchain technology empowers the creators. It allows them to create their own digital space such as physical merchandise, non-fungible tokens (NFTs) creations. Besides, the creators are eligible to fund their favorite artists and stars.

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