Lines of credit offer flexibility and lower interest rates, but does it make sense to take out a different kind of debt in order to get out of debt? FREE Debt Crusher eCourse: http://moneyaftergraduation.thinkific.com/courses/debt-crusher Website: http://www.moneyaftergraduation.com Facebook: facebook.com/MoneyAfterGraduation Twitter: @beastgaard Snapchat: @beastgaard Money After Graduation Inc. #600 630 8 Ave SW Calgary, Alberta T2P 1G6
Views: 18196 Bridget Casey
You can use the equity in your home to get a home equity line of credit. Subsequently, you can use the funds to pay of your mortgage early while then using the HELOC as a checking account. This arrangement will allow all funds that you have to not sit in an account to learn low or no amount of interest. Of course, doing so has some down sides. Watch to video to see what they are. Audible Free Audiobook Trial: http://www.audibletrial.com/BeatTheBush Patreon: http://www.patreon.com/BeatTheBush GameFly: http://www.gameflyoffer.com/beatthebush Did I help you save loads of money and completely changed your life? Would you like to tip me? Try these: Paypal: https://paypal.me/BeatTheBush (No fees with bank account source) BTC Wallet: 14hKQybuzyEEeL78aML3QMxboqtdDcmDQi ETH Wallet: x9f462079D58127156104C32B5648F066624FB43B My Equipment: https://www.amazon.com/shop/Beatthebush ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ My Channels: https://www.youtube.com/BeatTheBush https://www.youtube.com/BeatTheBushDIY
Views: 283749 BeatTheBush
Start your FREE 14 Day Shopify Trial: https://www.shopify.com/?ref=tanplanventures-llc1 FREE MASTERMIND GROUP: https://m.facebook.com/groups/239818513221234 Make sure to SUBSCRIBE! My INSTAGRAM: http://www.instagram.com/tannerr SNAPCHAT: “Boom”
Views: 55994 Tanner Planes
Personal finance expert Preet Banerjee looks at how the Liberals' new Canada Child Benefit works
Views: 38821 The Globe and Mail
Learn how to pay with a credit card for World Education Services (WES) reports and add-ons.
Views: 13218 World Education Services
Wire payments and the Large Value Transfer System are in a class of their own. What do we mean by final, irrevocable, near-real time payments? And how can a payment system like the LVTS be used by the Bank of Canada to control inflation and influence interest rates? The Legal Stuff: We’ve designed this video for everyone. It’s to help you get you better acquainted with the awesomeness of payments clearing and settlement. In real life, clearing and settlement processes can get pretty complicated. To help give you the basics, we’ve simplified content – so some stuff may not be technically accurate or complete. Also, this video is just for education and isn’t advice. If you work in an FI and you need the straight goods on operational, technical or legal matters, check out our rules and standards, talk to your tech experts, or pay a visit to your legal folks. We probably don’t have to tell you this, but the views expressed are the CPA’s only (not necessarily those of the CPA’s members or anyone else). Sometimes we talk about other organizations in our videos. If you’ve got questions for these guys, you should reach out to them directly. If you need more info on the CPA, just visit our website (cdnpay.ca) or give us a shout. We’d be psyched if you share our videos with your friends. We ask only that our copyright is respected... So don’t reproduce, copy, modify or adapt all or part of this video without getting the CPA’s permission in writing first. Commercial use and distribution of the contents of this video is definitely not cool, and therefore strictly prohibited. But you guys know that already, right?
Views: 3012 Payments Canada
Welcome to my MissBeHelpful channel! Let’s connect: PATREON: https://www.patreon.com/missbehelpful FACEBOOK: https://www.facebook.com/missbehelpful/ INSTAGRAM: https://www.instagram.com/missbehelpful/ TWITTER: https://twitter.com/MissBeHelpful More from MissBeHelpful: Get Your Credit Score FREE Today: https://bit.ly/2K8OYID Improve Your Credit Score QUICKLY: https://bit.ly/2MngUW7 Common Credit Card Myths: https://bit.ly/2tsmcZd 5 Things to Consider When Applying for a Credit Card: https://bit.ly/2tAUCZ7 Credit Card Rewards: Do's and Dont's: https://bit.ly/2KhKApV How To Read Your Credit Card Statement Like A PRO: https://bit.ly/2MmnNqB How To Improve Credit With Limited Or No Credit History: https://bit.ly/2KhKVcb Best NEW Way To Improve Credit - NO CREDIT CARD Required! (Self Lender): https://bit.ly/2yDSd5L How I Use the Grace Period to Avoid Paying Interest/Push Payments Back: https://bit.ly/2tyBJWv How My Friend Saved HUNDREDS With A Balance Transfer: https://bit.ly/2MVHCWO How To Earn Rewards Without Hurting Your Credit Score: https://bit.ly/2yDSGox Why I Don't Care About A Perfect Credit Score & You Shouldn't Either: https://bit.ly/2lxMuFa Should I Invest or Pay Off Student Loan Debt?: https://bit.ly/2yDSOEx Will Closing A Credit Card Lower My Credit Score?: https://bit.ly/2Ir8RFm How Does Credit Card APR Work?: https://bit.ly/2Khsepi When Should You Get Your First Credit Card: https://bit.ly/2KgXnWC How Do I STOP Wasting My Money?: https://bit.ly/2yFPgl6 Can I Keep My Oldest Card Without The Annual Fee: https://bit.ly/2MWr7JR How to STOP Online Shopping Too Much!!!!: https://bit.ly/2K2gR54 3 BAD Financial Habits To Break NOW!!: https://bit.ly/2tyA973 TOP 5 Recommended Money + Personal Finance Books!!!: https://bit.ly/2yCJXmh ’Til next time… PEACE!
Views: 54838 MissBeHelpful
SUMMARY: In the above video I reveal a powerful strategy that is practically available to all, but is known and fully understood by a very few. If one takes the time to learn and implement this method of eliminating debt, one may find themselves pleasantly surprised of how quickly their home mortgage, auto loans, student loans or business loans can be completely paid off. This strategy is known as Velocity Banking and in the video I will demonstrate how Velocity Banking can be used to pay off a 30 year home mortgage in just 5-7 years without sending double payments to the bank or changing one’s current level of income. RECAP OF THE VIDEO: I start off by creating a scenario of a financial situation by taking an average household net income in the United States combined with some of the basic monthly expenses: home mortgage, minimum payment on a credit card, car payment and living expenses which include groceries, utilities, gym membership… Once all expenses are identified and subtracted from the net monthly income it is important to understand the impact of cash flow, the difference between a loan and a line of credit, how the interest of a loan and a line of credit is calculated, and how monthly payments on a mortgage are dispersed between interest and principal paydown. To help demonstrate these differences I create tables and an amortization graph. As I go on to unveil the main differences I also identify the biggest reason why nowadays most homeowners are unable to payoff their home mortgages due to the unstrategic use of home refinancing. By this point having had identified the difference between a loan and a line of credit I can reveal the benefits of utilizing a line of credit to pay off a home mortgage in 5-7 years. This is where I get into the Velocity Banking strategy which incorporates an unaccustomed method of moving one’s entire monthly paycheck into a line of credit instead of the accustomed checkings and savings accounts. By adopting this method one can leverage a line of credit to free up cash flow, gain cash back rewards, build credit history and improve credit score, but the greatest leverage created is the thousands if not hundreds of thousands of dollars in interest savings. KARL'S MORTGAGE CALCULATOR APP: https://itunes.apple.com/us/app/karls-mortgage-calculator/id1025852681?mt=8 Android version: https://play.google.com/store/apps/details?id=com.drcalculator.android.mortgage ★☆★ SUBSCRIBE TO MY YOUTUBE CHANNEL FOR VIDEOS ABOUT REAL ESTATE AND BUSINESS ★☆★ ► Velocity Banking & Real Estate Investing Course - Please email me at [email protected] for more information. ★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★ FACEBOOK: https://www.facebook.com/Laura-Pitko-1464576883611081/ INSTAGRAM: https://www.instagram.com/laura_pitko24/ DISCLAIMER: I (Laura Pitkute) am not a financial advisor, real estate broker, a licensed mortgage broker, not a certified financial planner, not a licensed attorney, and not a certified public accountant, therefore please consult with a competent professional prior to engaging in any financial strategies. Not everyone will experience 100% success rate by using this strategy as it requires a commitment to keep applying this strategy over time until the desired result is achieved. I (Laura Pitkute) do not promise or guarantee any specific outcomes and/or results from the use of this strategy.
Views: 2951814 Laura Pitko
Interested in learning more? Schedule one complimentary coaching session now: http://www.FreeCoachingCalendar.com Want more actionable financial tips and tricks like this one? Check out our YouTube channel here https://www.youtube.com/channel/UC45h... Are you using a Home Equity Line of Credit (HELOC) as a current debt weapon? Are you looking to switch to a HELOC? Matthew Pillmore, President of VIP Education, exposes some reasons why HELOCs can be dangerous and risky. What has your experience with HELOCs been? Let us know in the comment section! Make sure to check out our social channels for more insight and industry news! Facebook - https://www.facebook.com/VIPFinancialEducation/ Twitter - https://twitter.com/VIPFinancialEd LinkedIn - https://www.linkedin.com/in/vipfinancialed/ BBB A+ Rating - https://www.bbb.org/denver/business-reviews/financial-services/vip-enterprises-llc-in-westminster-co-90024254/ VIP Financial Education provides resources for educational purposes only. Our education is not a substitute for Legal, Tax, or Financial advice and results vary. VIP Financial Education encourages viewers to do their homework before taking any financial action. VIP Enterprises, LLC may from time to time earn commissions by recommending various products, services, and programs. #HELOCS #HomeEquityLinesOfCredit #VIPFinancialEd
Views: 198807 VIPFinancialEd
23.10.18 Prime Minister Justin Trudeau unveiled the details of the carbon tax rebates on Tuesday. Here’s what it means to residents in Ontario, Manitoba, New Brunswick and Saskatchewan. Source https://globalnews.ca/video/4588094/how-climate-action-incentive-payments-work Canada just became the 1st nation on Earth to implement a national carbon fee & rebate policy (aka partial UBI)! Starting in 2019, it'll no longer be free to dump CO2 into the air anywhere in Canada, and that revenue will go directly to households in the form of a dividend check! Source https://mobile.twitter.com/scottsantens/status/1055125678457282560?fbclid=IwAR1KOd0lI8Ly4gNmUgsdWXt5R5WCQab7tV2hAyF1zcmBdfpLbuKAJX6gdI4
Views: 896 M. Molli
The Method is a powerful, money saving leverage banking strategy that can help any Canadian family save tens-of-thousands of dollars in mortgage interest, while shortening the time it takes to get mortgage free, without making extra payments. Magnetic Capital facilitates free workshops to learn The Method all over Canada.
Views: 110653 Magnetic Capital Group
🌟 Install Shopify APP ➡️ https://apps.shopify.com/wc-fulfillment?ref=logicbox 🌟Subscribe ➡️http://youtube.com/c/nateandreshak?sub_confirmation=1 FREE POD Shopify COURSE: https://www.youtube.com/playlist?list=PLgklAIV0hp8T5BGRPbivgQTTyPxT-2hiZ Proven FB Ad Process https://www.youtube.com/watch?v=7jk1nosiOOo EASILY Find $10K/DAY Slogans https://www.youtube.com/watch?v=20SniphyYAo Fastest WAY to $1,000/DAY https://www.youtube.com/watch?v=JRgCK7hjcsE *Background Story…. 9 Years ago, I started my first com store and started selling physical products with Facebook ads. Now days Im chilling in Thailand, living my dream of a freedom lifestyle. This Channel is a easy way for me to show people what I’m doing and how they can do similar . I have no intention of coaching, so don’t ask. This is a passion project, that I’m just doing for fun. Also I have a free shopify fulfillment app, and would love if you installed it. Hope you enjoy. 😃 Shopify, drop shipping, aliexpress, amazon fba, amazon merch, dropship, dropshipping, oberlo, print on demand, POD, shopify apps, make money online, online business, Facebook ads, FB ads
Views: 26313 Nate Andres
Speakers: Janet Lalonde, Bill Cyr, Sara Supple; Payments Canada If you’re new to payments or if you want a refresher, this session offers a look into payments clearing and settlement in Canada and some timely translation of the many acronyms you will hear throughout Payments Panorama: AFTs, LVTS, ACSS, POS, CCIN, PADs and more. You’ll be well versed in the language of payments after this session.
Views: 431 Payments Canada
Join The 1st Wordpress Social Platform! Register NOW: https://www.wpfriends.com In This Stripe Tutorial, I show you how to use the stripe payment gateway and show the woocommerce strip setup process. The free plugin is available on wordpress. The Process is pretty simple. The stripe plugin automatically sends payments from your stripe account to your bank account. Feel free to try stripe payment gateway on your wordpress website for free! If you need hosting with a FREE SSL and SSD Hosting visit TMDHosting: http://www.darrelwilson.com/tmdhosting (Use Code Darrel626 For Maximum 7% Off Discount at checkout) To Learn How To Get a free SSL for your wordpress website, you can visit this youtube channel: https://www.youtube.com/watch?v=7zVCn-9IYws For More tutorials like this and to learn how to make a wordpress website, feel free to visit my website at http://www.darrelwilson.com
Views: 143374 Darrel Wilson
**Cameras And Other Gear That I Use** Favorite DRONE http://amzn.to/2Dk1flv MAIN CAMERA http://amzn.to/2Gi6SUe Backup Camera http://amzn.to/2FJ6Ir2 Car Camera 1 http://amzn.to/2Gi6SUe Car Camera 2 http://amzn.to/2HowgqE CAMERA TRIPOD http://amzn.to/2Gi8ugy Microphone http://amzn.to/2Gi0vjO MAIN EDITING Computer http://amzn.to/2HoJ7ZU COMPUTER MONITORS http://amzn.to/2GirawP **CASH GIVE AWAY VIDEO RULES** https://www.youtube.com/watch?v=5BMicTFa2eI ▼▼▼PO BOX SEND COOL STUFF▼▼▼ JMC RIDES JOHN P.O Box 762 FARMINGVILLE NY, 11738 ▼▼▼JMC RIDES Follow us and Subscribe▼▼▼ EMAIL: [email protected] https://www.facebook.com/JMCRIDES/ https://www.Instagram.com/JMCRIDES.OFFICIAL These are just some of the cars you will see on the channel... 2016 Z06 Corvette Dodge challengers SRT 392 Dodge Chargers Dodge hellcat srt cherokee mopar lambo Dodge Demon wide body challenger jl wrangler 2018 jl wrangler Jeep Wrangler Rubicon Hard Rock Jeep Wrangler Rubicon Recon streetspeed 717 DISCLAIMER: Filmed in Mexico for movie purposes only. The videos are highly edited and not real. Green screen is in use during the making of the video. No Laws were broken during the making of this video.
Views: 68526 JMC RIDES
How to set up and accept payments with the Square Contactless and Chip Reader. Chapter 1: Unboxing and Charging the Reader Chapter 2: Connecting the Reader via Bluetooth Chapter 3: Connecting the Reader to Square Stand Chapter 4: Accepting Chip Card Payments Chapter 5: Accepting Contactless Payments Learn more at https://square.com/setup
Views: 417381 Square
Starting today, most Canadian families with children under 18 can expect to see a bigger child benefit payment. Click here for the full story: http://www.cbc.ca/1.3685290 »»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1 Voice Your Opinion & Connect With Us Online: The National Updates on Facebook: https://www.facebook.com/thenational The National Updates on Twitter: https://twitter.com/CBCTheNational The National Updates on Google+: https://plus.google.com/+CBCTheNational »»» »»» »»» »»» »»» The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.
Views: 2946 CBC News: The National
How to remove Late Payments from your Credit Report. Late Payments can harm your credit report for up to 7 years! https://CreditCEO.com Learn how to remove lates from your credit, for good. Your Credit Score is the most important factor in your financial future. Your Credit is used when you apply for a loan, car, job, cell phone and even when you rent a car! So it's important that you know the tips and tricks to improve your credit scores. How to Remove Late Payments From Your Credit Report: https://www.bettercreditguaranteed.com/how-to-remove-late-payment-from-credit/ 1) Always check your Credit and Have a Credit Monitoring Account, here is the one that I personally use: http://free3scores.com **It's better to deal with Late Payments on your Credit Report sooner rather than later. The longer you wait to try and remove the late from your credit, the harder it will be. That's why credit monitoring is so important if you are serious about improving and maximizing your credit. 2) Start by Calling the Bank or Creditor that is reporting your account late to the Credit bureaus - ask to speak with a manager and work with the manager to try and have the late payment removed. They are paid to say no, do just be persistent. 3) If the Manager says no on the phone, then you will want to write a Good Will Letter to the Creditor. You will ask them nicely to remove the late from your credit, don't be aggressive or act like this is a dispute letter. This is where we are nice about it. 4) If the Good Will Letter Didn't work, now it's time to get Aggressive! I want you to dispute the account (in writing) with all three credit bureaus and directly with the original creditor. *Why you should NEVER dispute Online: https://youtu.be/3jtNludKRlE I hope this information was VERY helpful in your attempt to remove a late payment from your credit report! Don't hesitate to reach out if you need anything! If you have late payments, debt collections or have negative items on your credit report, feel free to reach out for a free consultation... https://CreditCEO.com Please Subscribe #CreditCEO
Views: 35203 CreditCEO
Have you ever wondered how credit card interest works? How do they determine how much you owe? Your credit card probably lists an annual interest rate, an "APR". This video will explain how to use your APR to figure out exactly how much interest you will owe on your credit card bill. The banks usually use a method called "Average Daily Balance". This video works though an example of the math, so you can get a deep understanding of what goes on behind the scenes. Don't forget to watch How Credit Card Grace Periods work to avoid interest all together: https://youtu.be/TYK5GA4uYwU
Views: 111251 Chaos Theory Consulting
This is a review on the Square Reader that allows you to accept payments with credit cards , debit cards. I recommend this 100% and they did not send this for review , they have no idea I even did this video.. but I love how convenient this is.. Your business does not need to be registered , it's for anyone anywhere who needs to accept payments for their services. I do have a referral link. This is copy and pasted from their site PROCESS $1,000 FREE FOR EACH FRIEND YOU REFER TO SQUARE 1-Send your referral link below to other merchants. 2-Eligible referrals who activate a Square account through your link will receive free processing on up to $1,000 in sales during their first 180 days. Only merchants new to Square are eligible. 3-For each eligible referral, you also earn free processing on up to $1,000 in sales over their first 180 days. So if you're interested in this service , feel free to click my link and we'll both benefit from it :) HERE IS MY REFERRAL LINK https://squareup.com/i/GROWLINGCH This is available for Canada and USA , their link will be posted below. SQUARE READER LINK https://squareup.com/ca/reader *DON'T FORGET TO HIT THAT LIKE BUTTON , SUBSCRIBE AND HIT THAT LITTLE BELL FOR NOTIFICATIONS* All Discount codes are listed below for your convenience that have been provided to me from companies. I do not get paid for you using these discount codes. They're there just for you to get items at a better price :D All my video's/reviews are my opinions and always 100% honest. *NO COMPANY OR ANYONE FOR THAT MATTER HAS PERMISSION TO USE MY VIDEO'S / PHOTO'S OR EVEN A PART OF THEM TO USE FOR THEMSELVES. COPYRIGHT protected !! Please check out our GoFundMe page for the story about my son and what he's going through. I'm not asking for money , i'm asking for shares that will bring awareness. Awareness is everything for this rare disease. gf.me/u/hcdvdj Madam Glam discount code for all your gel/chrome/glitter/acrylic needs.. use code Krisa30 at checkout to get 30% off your order!! Alpha brushes , Gel or Acrylic.. I have you covered there too. Use code cheetah10 to get 10% off your order at checkout!! WISH App 50% discount code lrmrjlk BEAUTYBIGBANG 15% off site wide using GC15 and if it's been used 6 times they'll send me a package to review and I'll add it to giveaways for you guys.. so feel free to use it.. 6 times , 6 peoples etc and we get goodies :) If any companies would like to get in contact with me to collaborate or have me review their items , please email me at [email protected] BUSINESS ONLY!!
Views: 1443 growlingcheetah
Now is the time to sell your house! The market is white hot! Get a high-octane ELP Real Estate Agent you can trust with your largest asset: https://goo.gl/tzW5vF Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 302205 The Dave Ramsey Show
It can be very overwhelming to try and pay off debt on a low income, and maybe you don't know where to even begin. I want to share with you how Morten and I put together our monthly budget on a low income, while paying off our debt a couple of years ago. I'll be sharing our real numbers with you guys, which is very personal but I think it will help to give an understand of how it's possible even when it seems like you don't have a lot of wiggle room in your budget. It wasn't easy but it can be done, if you make some sacrifices and stick to the budget :) More info on Dave Ramsey: https://www.youtube.com/thedaveramseyshow?sub_confirmation=1 https://www.daveramsey.com/?snid=home Subscribe to our channel: http://bit.ly/1WCeBAH Our website http://www.godownsize.com/ Camera gear used to film these videos: Camera Sony: http://amzn.to/1HBjEaF Boom mic: http://amzn.to/1HBjKzf Iphone 6se: http://amzn.to/1HBjTm5 GoPro Hero: http://amzn.to/1LoUJrB Macbook Pro: http://amzn.to/1SstJgm Light weight items we use for traveling: Baby chair: http://amzn.to/2lSLg52 Bugaboo Stroller: http://amzn.to/2meIwAC sun canopy: http://amzn.to/2mhPYg1 Travel bed/tent: http://amzn.to/2lSWNB9 Bath tub: http://amzn.to/2nas8k9 Suitcase: http://amzn.to/2mSv4FY Music credits: "Before Labour" - http://soundcloud.com/artificial-music "Alone Two Days Ago" - http://soundcloud.com/artificial-music "Nighttime stroll" http://soundcloud.com/artificial-music "Shine" - By Joakim Karud http://soundcloud.com/joakimkarud
Views: 63009 Go Downsize
Boost your credit score within 30 days by just paying off your credit card before the statement date. Your credit card reports information to the credit bureaus on the statement date. If you intercept this report by first paying everything off, they will report you as carrying a zero balance while being active. Chase Freedom $150 Cash Back w/ $500 first 3 months spend: http://bit.ly/2SMwdKr Even if you pay your credit card in full and on time every month, you can benefit from this trick by making your credit utilization ratio go to zero. The smaller the total credit you have the more this can benefit you because for a given amount of spending, the ratio is bigger for a smaller credit. Doing this will give you a nice boost in your credit score just before you apply for a loan. . Support more videos like this along with getting a bunch of perks here: http://www.patreon.com/BeatTheBush Get a free audiobook and 30-day trial. Even if you cancel, you still keep the book and you still support my channel for signing up. Support my channel by signing up to help me make more videos like this: http://www.audibletrial.com/BeatTheBush Credit Card for Starters Who Should NEVER Get a Credit Card: https://youtu.be/aNYZkMgTyb0 Only Use Credit or Only Use Debit: https://youtu.be/J0ZRgBIG39Q Credit Card Basics How Credit Card Calculates Interest: https://youtu.be/0Z2nWQdqa2A How Credit Card Grace Periods Work: https://youtu.be/8WuH3-PsjCA Difference Between Credit Card Inactivity and 0% Utilization: https://youtu.be/rtfJMZf_IrM Credit Card Statement Closing Date vs. Due Date: https://youtu.be/3-knvT7JbTk Does Canceling Credit Cards Affect Credit Score: https://youtu.be/jYGZukw5i-Q Can You Afford a No Limit Credit Card: https://youtu.be/sdAh7hzgJoU Credit Card Balance Transfer Hack: https://youtu.be/F2Foqg2ZTEw Credit Score Less Than 700 Maximize Credit Score while in College: https://youtu.be/pxGECoQoLLA Build Credit Fast with a $500 Credit Limit: https://youtu.be/attQKzngqoE How to Pay off Credit Card Debt: https://youtu.be/XY8YSPapnF8 How to Build Credit with Bad Credit or No Credit [w/ Self Lender]: https://youtu.be/RNXutBGAnlM How to Boost Your Credit Score Within 30 Days: https://youtu.be/LyBjciz4-zg Credit Score More Than 700 How to Increase Credit Score from 700: https://youtu.be/MCFKNBcyAWs 740+ is Not Just For Show: https://youtu.be/1fGcpxurzgU My Credit Score: 848, How to get it Part 1: https://youtu.be/dEZLZQXRBjQ My Credit Score: 848, How to get it Part 2: https://youtu.be/Y6-SB35C7Pc My Credit Score: 848 - Credit Card Hacks and How I got it: https://youtu.be/8Xz3hi3VWfM Advanced Credit Card Tricks How to get a Business Credit Card: https://youtu.be/S3srld5_l5Y Keep 16 Credit Cards Active: https://youtu.be/yAzkEK8Y6E8 Rejected for a New Credit Card with 826 Credit Score: https://youtu.be/66O505Oj5e4 Make Credit Cards Pay You Instead: https://youtu.be/wKMJdX1fQJA Credit Card Low Balance Cancellation $2 per mont [Still Works]: https://youtu.be/2DJjfvcMCcg Cash Back Are Credit Card Points Taxable?: https://youtu.be/Tw90h8I5JNk How to Churn Credit Cards: https://youtu.be/uw__fl38Dk4 Best Cash Back Credit Cards for 2017: https://youtu.be/e_uJweUsiDk 5% Cash Back on Everything: https://youtu.be/q9g_rySm_tI Always get 11% Off Amazon Gift Cards and Amazon Hacks: https://youtu.be/vbv6Rj2uUr4 Max Rewards: What's in My Wallet: https://youtu.be/cmJDFcbjFho How I Make 200 Dollars in 10 Minute [Hint: Credit Card Bonus]: https://youtu.be/pegq4G7ZhTI When Your Best Cash Back Card Gets Cancelled: https://youtu.be/pe7OuqxGi9M Amex Blue Cash Preferred vs. Everyday Effective Cash Back on Groceries: https://youtu.be/3ezD_QwS5e0 Double Dip Groceries Cash Back with Safeway Just for U: https://youtu.be/7kBl0W_L29U Milk the Barclays Cashforward Card for the MOST Cash Back: https://youtu.be/qf2gvrk6Evo Other Channels: BeatTheBush DIY: https://www.youtube.com/BeatTheBushDIY
Views: 184211 BeatTheBush
Here's everything you need to know about credit cards and how they work. If you’re new, subscribe! → https://www.youtube.com/user/MSUFCU Go here → https://www.msufcu.org Like us → https://www.facebook.com/msufcu Follow us → https://twitter.com/msufcu
Views: 295032 MSU Federal Credit Union
http://jennduruiz.shopacnrep.ca/smallbusiness/merchant-services.aspx Process all payment environments: • Credit, debit, gift card, e-checks & e-commerce Provide new equipment solutions Any point of sale environment Ideal for: • Independent Contractors • Retail • Hospitality & Restaurants • Services (Dry Cleaners, Medical/Dental, Home Services, Child Care, Auto Service, etc.) • Online Stores
Views: 271 Toncho Popov
Discover how to add debit or credit cards to Fitbit Ionic to enable easy on-the-wrist payments. See more at www.fitbit.com/how-to
Views: 58490 Fitbit
Also known as Credit Card Churning, one thing I’ve been doing for fun on the side is racking up credit card points. I’ve been able to fly to Canada to visit family multiple times for completely free, literally just by opening up a credit. I have enough points now to fly round trip first class to pretty much anywhere in the world, and stay a few nights at a world class resort, all for free, and this only took a few minutes of my time. Here’s how. Add me on Snapchat/Instagram: GPStephan One thing most people don’t know - you can actually profit, quite a lot, from credit card sign up bonuses. Lets face it, credit companies make money off people who carry balances and don’t pay off their bill. The interest credit cards charge is astronomical and most people lose a ton of money every year to credit card interest payments. So to lure people in, credit cards will offer a sign up bonus. Usually if you spend a few thousand dollars in the first few months of opening a card, they’ll give you a certain amount of points- this is called the minimum spend. Once you hit the minimum spend, those points are deposited to your account and can be redeemed for travel, hotel, or sometimes it’s cash. 1. Credit Cards make money off people who charge money on the account and don’t pay it off in full. Do not be that guy (or girl) who keeps a balance on a credit card and pays interest. To do this effectively, charge the minimum spend needed to hit the bonus - with money you would have spent anyway - and pay it off in full. 2. This is not for beginners. If you’re just starting out, do not do this. This is meant for someone with already established credit history and a good credit score. 3. . This is not for people who can’t responsibly handle credit card. Do not buy things you wouldn’t ordinarily buy just because you have more credit. 4. Credit Card bonuses can be redeemed for free travel, free rental cars, free hotels, cash back…the possibilities are endless. It costs you nothing other than spending money you would already be spending, anyway. 5. The best ways to use these points is by transferring the points to an airline and then booking directly with the airline. Usually booking plane tickets through the credit cards portal offers you a lower rate. Using this strategy, and browsing reddit, I’ve made thousands in points and gotten free airfare, travel, and hotels for free with almost no work. Do this correctly and you can continue building your credit while getting free stuff at the same time. Favorite website: www.Reddit.com/r/churning My favorite cards: 1. American Express Gold - https://apply.uscreditcardguide.com/credit-card/amex-premier-rewards-gold/apply/?t=0 (Incognito mode for 50k offer) 2. American Express Platinum - https://goo.gl/7ZpUdr 3. Chase Sapphire Reserve - https://www.referyourchasecard.com/19/MO0IMZTC25 4. Chase Sapphire Preferred 5. Bank of America Cash Rewards - https://goo.gl/1xwB4B For business inquiries, you can reach me at [email protected] Suggested reading: The Millionaire Real Estate Agent: http://goo.gl/TPTSVC Your money or your life: https://goo.gl/fmlaJR The Millionaire Real Estate Investor: https://goo.gl/sV9xtl How to Win Friends and Influence People: https://goo.gl/1f3Meq Think and grow rich: https://goo.gl/SSKlyu Awaken the giant within: https://goo.gl/niIAEI The Book on Rental Property Investing: https://goo.gl/qtJqFq
Views: 83548 Graham Stephan
Learn more about Android Pay - https://goo.gl/QKYbRt Are you currently using Android Pay? The process may be simpler than you think. Scanning credit cards into Android Pay is acheived by simply snapping a photo of the card within the app. Once the card is attached just tap your phone on a capable pay terminal. This video was sponsored by Google #ad FOLLOW ME IN THESE PLACES FOR UPDATES Twitter - http://twitter.com/unboxtherapy Facebook - http://facebook.com/lewis.hilsenteger Instagram - http://instagram.com/unboxtherapy Google Plus - http://bit.ly/1auEeak
Views: 846915 Unbox Therapy
"CIBC and Rogers today announced they have completed the first point-of-sale mobile credit card transaction in Canada using the secure SIM card inside an NFC-enabled smartphone. Simon Whitfield, Pan American Games and Olympic medalist, performed the credit card transaction, buying coffee at Tim Hortons using the CIBC Mobile Payment™ App on a BlackBerry® smartphone from Rogers. This new way to pay will be available to CIBC credit card clients using a Rogers smartphone, allowing them to pay for coffee, groceries, and other everyday purchases simply by holding their smartphone up to one of the tens of thousands of contactless payment terminals at merchants across Canada. "We're pleased to make history in mobile commerce in Canada by completing the country's first mobile credit card transaction," said David Williamson, Senior Executive Vice-President and Group Head, Retail and Business Banking, CIBC. "Getting a coffee while you are on the go is just one example of the kind of transaction that's going to be made easier when you can pay in just seconds with a CIBC credit card on your smartphone, and we're excited about the possibilities this offers our clients." "Canadians are amongst the most connected consumers around the world, and we have put Canada on the world stage today as a global leader in mobile commerce," said David Robinson, Vice President of Emerging Business, Rogers Communications. "We are passionate about delivering technology innovations and powering new mobile experiences for our customers," said Robinson. "Making the first mobile credit card payment means that we are one step closer to allowing Canadians to store everything they need, securely, in their smartphone." The new mobile payments capability from CIBC and Rogers means clients will be able to pay with their CIBC credit card, whether Visa or MasterCard, without retrieving the plastic card from their wallet or purse. They can simply hold their Rogers BlackBerry® smartphone up to a contactless payment terminal and the payment will be automatically charged to their CIBC credit card. The CIBC Mobile Payment App will be accepted at the tens of thousands of Visa payWave™ and MasterCard PayPass™ contactless terminals across Canada and around the world. As the rollout to clients begins, the new CIBC Mobile Payment App will initially be available on two smartphones on the Rogers wireless network - the BlackBerry® Bold™ 9900 and BlackBerry® Curve™9360, beginning November 16th 2012. As of today, NFC SIM cards required to access the solution on Rogers suretap™ ready devices can be ordered online. Additional suretap-ready devices will support the solution in 2013, including Android and Windows Phone 8 platforms, broadening the offer to more Canadians. The initiative brought to market by CIBC and Rogers represents the first time a bank and a wireless carrier have joined forces to offer a commercially available mobile payments solution to Canadians that leverages the secure SIM card inside an NFC-enabled device. This new solution aligns to guidelines announced earlier this year by the Canadian Bankers Association for mobile payments in Canada, as well as those developed by respected international associations such as the GSM Association (GSMA), the association of mobile operators and related companies dedicated to standardizing and supporting GSM technology and Global Platform, a cross industry, not-for-profit association focused on secure and interoperable deployment and management of embedded applications on secure chip technology. This new mobile payment solution arrives in Canada at a time when smartphone growth is accelerating among Canadians. A recent Harris/Decima poll shows that 44 per cent of Canadians said they now own a smartphone, and within that group, 47 per cent said they are interested in using mobile payments. Forecasts for mobile commerce suggest that it will become a significant method of payment in just the next few years. By 2016, Technology Strategy International forecasts that almost 80 per cent of the smartphones in Canada will be NFC-enabled, and IE Market Research forecasts total mobile payments in Canada will reach $14.2B. "In a few years, a mobile wallet will be as common as a camera on a smartphone. The opportunity in mobile payments for our business is just getting started - our vision is to take the millions of cards Canadians carry today and to make them instantly accessible and secured on the SIM card of a smartphone," noted Robinson. www.cibc.com/mobilepayment www.rogers.com/suretap" CNW SERVICES. BizBOXTV Video Production | Video Marketing | Video Advertising [email protected] http://BizBOXTV.com http://BizBOXTV.com/Video-Production http://BizBOXTV.com/Video-Advertising http://BizBOXTV.com/Video-Marketing Calgary | Edmonton | Vancouver | Victoria | Nanaimo | Kelowna | Toronto | Ottawa | CANADA
Views: 2898 BizBOXTV
http://www.ratehub.ca - If you want to get a mortgage in Canada, you first need to qualify. True North Mortgage Broker James Laird explains what lenders look at to qualify homebuyers. 0:31 Factor 1: Credit Score 0:57 Factor 2: Down Payment 2:58 Factor 3: Debt Service Ratios ABOUT MORTGAGE MATH: Whether you're a first-time homebuyer or a veteran homeowner, learning the ins and outs of the home buying process and the Canadian mortgage market can be a big undertaking. Produced by Ratehub.ca and The Loop by Sympatico.ca, Mortgage Math is an all-new video series dedicated to giving viewers all of the information and tools needed to navigate through the world of mortgages and homeownership. Featuring some of Ratehub.ca's best and brightest partners, you'll not only learn about seven different aspects of the home buying process -- like how to qualify for a mortgage, compare fixed and variable rates, and calculate CMHC insurance -- but also follow along as our experts perform the related calculations in real-time on a whiteboard. WATCH THE OTHER MORTGAGE MATH VIDEOS: 1. How to Get a Mortgage in Canada - http://youtu.be/_mEp2ucQBy0 2. How to Calculate Debt Service Ratios - http://youtu.be/wz3qSoBGjp0 3. The RRSP Home Buyers' Plan - http://youtu.be/f5iz26AflGI 4. Fixed and Variable Mortgage Rates - http://youtu.be/2Ru3ejpFS3o 5. How to Calculate CMHC Insurance - http://youtu.be/GncRSX7BUvM 6. How to Calculate Land Transfer Tax - http://youtu.be/xOf2dASV5nw 7. Mortgage Payment Options in Canada - http://youtu.be/auS2HWiWD9w
Views: 42959 Ratehub.ca
Are you a newcomer to Canada? This video series helps explain the Canadian tax system and provides information to help you fill out your tax return. This segment gives newcomers to Canada key information for filing their first income tax and benefit return. This video concludes the Newcomers to Canada series. For a list of all the links mentioned in this video and more resources, please visit: http://www.cra-arc.gc.ca/vdgllry/ndvdls/srs-nwcmrs-lnks-eng.html.
Views: 4798 Canada Revenue Agency
Take a closer look at Square Terminal by visiting https://square.com/go/terminal. Step into our hardware lab and learn more about Square Terminal, our brand-new debit and credit card machine. Hosted by Jesse Dorogusker, Square Hardware Lead, and Jessica Chobot, Nerdist. Square Terminal is your all-in-one device for payments and receipts. Take all types of payments, print or email receipts, and do it all in style. Pay one low rate for every tap, dip, or swipe, and get your funds as fast as the next business day. With no statement fees, setup fees, PCI-compliance fees, monthly fees, or hidden fees, Square Terminal is an entirely fairer way to get paid.
Views: 226959 Square
Minimum payments credit card company creditors
Views: 52 debtpointcanada
No gimmicks. No BS. No tricks. Get the secret here: https://609creditrepair.com/ Fix Credit Fast. Fix My Credit. Remove collections, charge-off and adverse accounts. 30 day program. This is the loophole and secret you've been looking for. These are the credit repair letters you need! No more bad credit! NO NEED to balance transfer debt from 1 card to another card! NO NEED to increase a credit lines! NO NEED to pay balances! NO NEED to pay credit card company! NO NEED to pay collection accounts! NO NEED to pay banks, creditors, loans! NO NEED to keep credit utilization low! NO NEED to get credit cards! NO NEED to get better credit history! NO NEED to get secure credit cards! NO NEED for credit repair agencies! NO NEED for credit repair attorneys! You can do this for YOURSELF. I did and took my score from the 500's to 700s The 609 Credit Repair Secret is a section of the Fair Credit Reporting Act (Federal Law) that does not care if the negative account is valid or not. The letter writing system, I have for you, disputes the CRA's right to REPORT the adverse account – NOT whether or not the adverse account is valid. If you're tired of having bad credit. If you want a credit card, or utilities turned on, or want to apply for a job you need good credit! This system works every time! This 1 ebook comes with the dispute letters that will help you dispute your credit accounts with the credit reporting agencies -- just like a lawyer or credit repair agency would. Remove Charge-Off Accounts, Collection Accounts, Late Payments, Foreclosures, and All Other Negative Items. 100% Legal & Proven Method. Improve credit from very poor to EXCELLENT. FICO Scores from below 500's to above 700's. What to do, when to do it, and how to do it. Step by step instructions how to fill out your dispute letters. 4 Levels of Dispute Letters: Letter 1: THE INITUAL DISPUTE Letter 2: FOLLOW-UP DISPUTE Letter 3: LEGAL DEMAND DISPUTE Letter 4: LITIGATION DISPUTE Helps with: auto loan bad credit, auto loans, auto loans for bad credit, auto loans for people with bad credit, auto loans with bad credit, bad credit, bad credit alliance, bad credit apply, bad credit approval, bad credit approved, bad credit apr, bad credit auto financing, bad credit auto loans, bad credit bank, bad credit banks, beck credit score, check my credit report, check my credit score, check my credit score for free, check your credit, check your credit reports, clean up my credit, clean up my credit for free, clean up my credit report, clean up your credit, clean up your credit fast, clean up your credit for free, clean up your credit history, clean your credit, clean your credit score, clean your credit yourself, clean your own credit, cleaning credit, cleaning credit card, cleaning credit cards, cleaning credit history, cleaning credit report, cleaning my credit, cleaning up credit, cleaning up credit report, cleaning your credit, clear bad credit, clear credit, complete credit repair, consolidation loan bad credit, consolidation loans, consumer credit, consumer credit counseling, consumer credit repair, consumer credit report, copy of credit report, credit, credit agencies, credit bad, credit bureau, credit bureau report, credit bureau reports, credit bureaus, credit card, credit card debt, credit card debt relief, credit card debt solutions, credit card for
Views: 2534736 Brandon Weaver
Take my QuickBooks Online - Banking Masterclass for $100 http://bit.ly/qbobankfeedsmasterclass To setup a 30-day free trial of QuickBooks Online and then a 50% discount after trial, go to: http://www.hectorgarcia.com/qb Other Free Videos: Mastering Add / Match / Transfer: https://youtu.be/sbR_IY71Pw4 In-Depth Bank Feeds Tutorial: https://youtu.be/cDP0JJjZYt4 Call our office 954-414-1524 to setup a private training/consultation about QuickBooks, Excel, Accounting/Bookkeeping, Taxes, and/or General Business Consulting (rates vary fro $195 to $545) for first consultation depending on length and consultant required. E-mail Hector your questions [email protected]
Views: 28284 Hector Garcia CPA
Read more: http://goo.gl/EJrqzJ Everything you need to know about Samsung Pay, the mobile payments platform which is available on selected Galaxy smartphones and has a key advantage over Android Pay and Apple Pay. Talk about Android in our forums: http://www.androidauthority.com/community Subscribe to our YouTube channel: http://www.youtube.com/subscription_center?add_user=androidauthority ---------------------------------------------------- Stay connected to Android Authority: - http://www.androidauthority.com - http://google.com/+androidauthority - http://facebook.com/androidauthority/ - http://twitter.com/androidauth/ - http://instagram.com/androidauthority/ Follow the Team: Josh Vergara: https://plus.google.com/+JoshuaVergara Joe Hindy: https://plus.google.com/+JosephHindy Lanh Nguyen: https://plus.google.com/+LanhNguyenFilms Jayce Broda: https://plus.google.com/+JayceBroda Gary Sims: https://plus.google.com/+GarySims Ash Tailor: https://plus.google.com/+AshTailor
Views: 729931 Android Authority
http://www.canadian-disability-tax-credit-association.ca Hello, this is Simon Worgan from the Canadian disability tax credit association. Here are some of the frequently asked questions we get all the time. Which disabilities are eligible? We have listed over 50 conditions on our website. There are many disabilities not listed here that may still qualify. If you have an impairment in physical or mental functions which is expected to last more than one year then you could qualify. Who is a qualified practitioner? A qualified practitioner would include a doctor, optometrist, audiologist, occupational therapist, physiotherapist, psychologist and speech-language pathologist. It can be very time consuming to obtain the information from the qualified practitioner. We have the experience to speed up the process so that everything is completed in an accurate and timely manner so that you can get your refund ASAP How long does it take? The average time is about 16 weeks to six months to receive the disability tax credit payments. They are usually made in three month installments. You don't have to pay taxes on this money, it is non-taxable. Who can claim the disability tax credit? The person with the disability can make a claim or you can claim for your children, your parents or someone who is dependent on you. If the person with the disability does not have income to qualify then you can receive the money for them and help them out. How much does it cost? There are no up front fees. You don't pay until we get you a refund. Our team will do all the work to ensure that you get the money you deserve as soon as possible. We will complete the entire application process, including communicate with your qualified practitioner, file with Canada revenue agency and maximise the benefit by transferring any unused credits. Call us today at 416 626 2727 or send an email to [email protected] or visit our website at www.cantaxcredit.ca and complete the on line application. We look forward to hearing from you.
Views: 4326 Back Taxes Canada.ca
🌟 Install Shopify APP ➡️ https://apps.shopify.com/wc-fulfillment?ref=logicbox 🌟Subscribe ➡️http://youtube.com/c/nateandreshak?sub_confirmation=1 FREE POD Shopify COURSE: https://www.youtube.com/playlist?list=PLgklAIV0hp8T5BGRPbivgQTTyPxT-2hiZ Proven FB Ad Process https://www.youtube.com/watch?v=7jk1nosiOOo EASILY Find $10K/DAY Slogans https://www.youtube.com/watch?v=20SniphyYAo Fastest WAY to $1,000/DAY https://www.youtube.com/watch?v=JRgCK7hjcsE To download My Shopify App. Search the Shopify app store for "Wc Fulfillment" . *Background Story…. 9 Years ago, I started my first com store and started selling physical products with Facebook ads. Now days Im chilling in Thailand, living my dream of a freedom lifestyle. This Channel is a easy way for me to show people what I’m doing and how they can do similar . I have no intention of coaching, so don’t ask. This is a passion project, that I’m just doing for fun. Also I have a free shopify fulfillment app, and would love if you installed it. Hope you enjoy. 😃 Shopify, drop shipping, aliexpress, amazon fba, amazon merch, dropship, dropshipping, oberlo, print on demand, POD, shopify apps, make money online, online business, Facebook ads, FB ads
Views: 9781 Nate Andres
Get my FREE $100k Product List: https://www.brennanvaleski.com/100kproducts/ How to understand Shopify payment gateways, Shopify payments, using PayPal for Shopify, and what your options are for external payment gateways on your Shopify store. My Shopify Course: https://www.brennanvaleski.com/shopifymastery/ Start Your FREE 14 Day Shopify Trial: https://www.brennanvaleski.com/shopify Join The FREE Facebook Mastermind Group: https://www.facebook.com/groups/213391566082280/ Connect with me on Instagram: https://www.instagram.com/brennan_valeski/
Views: 34976 Brennan Valeski
Izzi Charters runs seasonal salmon fishing tours with the help of an effective Online Payment Gateway Provider in MONEXgroup. Utilizing the Virtual Terminal E-Commerce solution from MONEXgroup, Izzi Charters can quickly process credit card payments via web browser and accept orders from remote customers online or by phone. Transactions are deposited next business day. See why MONEXgroup is the fastest growing Online Payment Gateway in Canada. Visit : http://MONEXgroup.com
Views: 37647 MONEXgroup
Its the nature of the internet to wonder about things that aren't really their business. However since the number is irrelevant to me and allows me to talk about why any persons actual monthly payment is so subjective, lets chat. www.penfed.org (bank for loans) Make sure you're subscribed: Subscribe - https://goo.gl/XUI0eo Vimeo Downloads and Rentals https://vimeo.com/superspeeders/vod_pages Facebook https://www.facebook.com/superspeeders https://www.facebook.com/Super-Speeders-204571479556925/ Instagram - robferretti Twitter - @robferretti
Views: 626143 superspeedersRob
Jon shares some financial advice as to why credit cards are entirely better than their debit counterparts for four main reasons: 1) Credit is safer; 2) They build your credit history; 3) They're required for special purchases like car rentals, and 4) they earn you points and cash-back rewards. Obviously, this entire argument is based on the assumption that your spending habits are equal with both: and you never spend more than you have available in your checking account. This discussion is mainly directed to Americans, aged 18 or older, where this advice applies most directly/accurately. CBS Money Watch Article -- http://cbsn.ws/NNaG2f 10 Ways To Build Credit -- http://bit.ly/NeFKXl Which Card To Get? -- http://www.creditcards.com/ ~~ The World According To Jon ~~ Be informed and entertained as your host Jon showcases a recent event, story, or review and shares his opinionated and enlightened view of the world with you, by way of an unfiltered, and often brutally honest stream-of-consciousness. New videos uploaded every few days at 4pm Eastern. Born in February 1986, Jonathan Paula is a professional YouTuber and creator of the hit web series, "Is It A Good Idea To Microwave This?". In April 2006 he founded Jogwheel Productions, a new media production company that specializes in web video. Jon graduated from Emerson College in 2008 with a degree in Television Production / Radio Broadcasting. He currently lives in Rockingham, NH with his wife Rebecca. ~~ Links ~~ Main Channel ----- http://bit.ly/Jogwheel Twitter ---------------- http://bit.ly/JonTW Facebook ----------- http://bit.ly/JonFBFan Adventure Vlog --- http://bit.ly/JAVshow Game Time -------- http://bit.ly/JPGTshow Movie Night -------- http://bit.ly/JPMNYT FAQ Video --------- http://bit.ly/JogFAQv T-Shirts -------------- http://bit.ly/JogStore ~~ Technical ~~ Created by ------ Jonathan Paula Camera ---------- Panasonic HMC-150 Microphone ----- Sennheiser ME 66 Software --------- Adobe Premiere Pro CS5 Computer ------- http://bit.ly/JAV010 • Jogwheel Productions © 2012 • ~
Views: 1115185 Jon
for Operations involving standby letters of credit and guarantees. 🤝🏿 http://bit.ly/PLEASE-Subscribe 🤝 Reddit ➡️ http://bit.ly/DccReddit Telegram ➡️ http://bit.ly/TelegramDCC National Bank of Canada Trials Blockchain for Standby Letters of Credit. Working with IT consulting firm CGI and blockchain startup Skuchain to trial blockchain. Facebook ➡️ http://bit.ly/DccFacebook Medium ➡️ http://bit.ly/DccMedium Twitter ➡️ http://bit.ly/DccTwitter originally published on #CryptoVest by Anatol Antonovici: https://cryptovest.com/news/national-bank-of-canada-trials-blockchain-for-standby-letters-of-credit/ Canada-based global IT consulting and outsourcing firm CGI said that it had partnered with National Bank of #Canada – the country’s sixth largest commercial bank – and blockchain firm #Skuchain to trial distributed ledger technology (DLT) in a project revolving around negotiation standby letters of credit and guarantees. The standby letter of credit is as a guarantee of payment issued by a bank on behalf of a client. It acts as a loan of last resort in which the bank has to meet the payment obligations in the case when their client cannot do it. These kinds of agreements are traditionally carried out through emails, which makes them vulnerable to errors and delays. By leveraging blockchain, the parties can benefit from a high degree of transparency and reduced human error. Under the trial project, National Bank of Canada experimented with a solution that had the CGI #Trade360 trade finance platform integrated with Skuchain Contract Builder, an application developed based on the startup’s blockchain platform called #Brackets. The integration allows the bank to offer trade finance services on a blockchain-based B2B solution, which helps clients access the services digitally. The platform enables customers to launch, execute, and conclude negotiations of standby letters of credit and guarantees via smart contracts. The latter represent blockchain-based features that can automate the negotiation steps, ensure transparency, and cut out intermediaries among others. Patrice Roy, VP of National Bank of Canada’s Payments, Cash Management and International Solutions, commented: “This pilot project is a great opportunity to leverage blockchain technology to simplify the process for negotiating standby letters of credit and guarantees while making it more transparent and secure. This will enable us to offer a simple, fast and efficient experience to our commercial clients which facilitates managing their business.” Frank Tezzi, CGI’s VP of Trade and Supply Chain Solutions, stated: “The use of blockchain offers a shared ledger that serves as the single source of truth during pre-issuance negotiation and through issuance and re-issuance processes.” “This example provides certainty and transparency for beneficiaries regarding the guarantee process as they enter into a financial transaction,” he explained. In April of this year, National Bank of Canada tested blockchain for debt issuance in collaboration with #JPMorgan, #GoldmanSachs, and pharma giant #Pfizer. ℹ️ Distributed Credit Chain ℹ️ https://www.dcc.finance #blockchain infrastructure behind credit data exchange. World’s 1st #distributed #banking public chain with a goal to establish a #decentralized ecosystem for #financial service providers around the world. By empowering #credit with blockchain technology and returning ownership of data to individuals, DCC’s mission is to transform #fintech scenarios and realize true inclusive #finance. ℹ️ China Blockchain Application Center ℹ️ https://cbacnyc.org The China Blockchain Application Center launched the NYC branch on August 23, 2018, led by executive director Stewie Zhu, Founder and CEO of Distributed Credit Chain. The China Blockchain Application Center (CBAC) NYC is a public welfare and non-profit institution backed by the government with a goal to commonly promote industry certification and blockchain industry standards. Established in 2015, it is backed by the Beijing Municipal Bureau of Financial Work which was founded by the Museum of Fintech and leading institutions in the blockchain area. ℹ️ #CBAC ℹ️ 575 5th Avenue, 14th Floor, New York, NY 10017 "To promote the exchange of information between global blockchain authorities and relevant counterparties in China & cooperate with supervising institutions in the promotion of common standards of training certifications and worldwide development of the industry." STEWIE ZHU EXECUTIVE DIRECTOR Founder and CEO of Distributed Credit Chain HENRY CAO EXECUTIVE DIRECTOR Founder of Usechain Professor at CKGSB FRANKLIN SONG DIRECTOR Co-founder of DATA Bo Dong DIRECTOR Founder of Altonomy
Views: 97 Distributed Credit Chain