Money – Beacon at Bangsar http://beaconatbangsar.com/ Sun, 10 Oct 2021 05:16:51 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://beaconatbangsar.com/wp-content/uploads/2021/03/cropped-icon-32x32.png Money – Beacon at Bangsar http://beaconatbangsar.com/ 32 32 “Buy now, pay later”: risks, benefits of the new popular payment system offered by Target, Walmart, Amazon, etc. https://beaconatbangsar.com/buy-now-pay-later-risks-benefits-of-the-new-popular-payment-system-offered-by-target-walmart-amazon-etc-2/ Fri, 08 Oct 2021 15:17:00 +0000 https://beaconatbangsar.com/buy-now-pay-later-risks-benefits-of-the-new-popular-payment-system-offered-by-target-walmart-amazon-etc-2/ NEW YORK – “Buy now, pay later”, the latest retail trend, is a payment system that allows customers to exit a store – or pay online – with the items they want and pay their interest – free installments thereafter.

Objective announced on Wednesday that it joins with other major retailers like Amazon and Walmart in offering the buy now-pay later option, giving online shoppers the ability to order and pick up items same day while spreading payments over weeks or months.

Unlike layaways, “buy now, pay later” allows customers to take their purchases home before making payments, said Hitha Herzog, research director at H Squared Research.

Experts predict that a growing number of businesses will soon partner with third-party service providers like Afterpay, Affirm, and Sezzle to embrace this option.

And it’s no wonder: in a recent survey of 2,005 online consumers, 60% said they used “buy now, pay later”. The option is especially appealing to younger buyers and people who don’t have a credit card, experts say.

“According to 38% of users, Buy Now, Pay Later will eventually replace their credit cards, and more than half (56%) say they would rather Buy Now, Pay Later than use credit cards to purchases ” the researchers observed.

Installment plans are also popular with retailers because they encourage customers to spend more money.

“Consumers are really worried about whether or not they will be able to get their products in time for Christmas. So when you see a “buy now, pay later”, you can get your product right away. You don’t have to worry about the rush to buy, ”Herzog said.

Yet experts warn that the option also has its risks.

“Payments are interest free if you pay on time,” Herzog said. “If you miss a payment or don’t pay, they’ll charge you a late fee.”

Buy-now loans are like any other form of debt, so buyers should be careful and thoughtful to avoid buyer’s remorse or financial downfall.

And these purchases do not benefit from the reward points and cash back offered by credit cards.

Experts say buyers who want to use the buy now-pay later option for the first time should start small and consider budgeting to avoid missed payments. Make sure you read the terms and conditions of these programs and understand the consequences of not meeting payment deadlines.

Copyright © 2021 WTVD-TV. All rights reserved.


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“Buy now, pay later”: risks, benefits of the new popular payment system offered by Target, Walmart, Amazon, etc. https://beaconatbangsar.com/buy-now-pay-later-risks-benefits-of-the-new-popular-payment-system-offered-by-target-walmart-amazon-etc/ Fri, 08 Oct 2021 15:15:53 +0000 https://beaconatbangsar.com/buy-now-pay-later-risks-benefits-of-the-new-popular-payment-system-offered-by-target-walmart-amazon-etc/ NEW YORK – “Buy now, pay later”, the latest retail trend, is a payment system that allows customers to exit a store – or pay online – with the items they want and pay their interest – free installments thereafter.

Objective announced on Wednesday that it joins with other major retailers like Amazon and Walmart in offering the buy now-pay later option, giving online shoppers the ability to order and pick up items same day while spreading payments over weeks or months.

Unlike layaways, “buy now, pay later” allows customers to take their purchases home before making payments, said Hitha Herzog, research director at H Squared Research.

Experts predict that a growing number of businesses will soon partner with third-party service providers like Afterpay, Affirm, and Sezzle to embrace this option.

And it’s no wonder: in a recent survey of 2,005 online consumers, 60% said they used “buy now, pay later”. The option is especially appealing to younger buyers and people who don’t have a credit card, experts say.

“According to 38% of users, Buy Now, Pay Later will eventually replace their credit cards, and more than half (56%) say they would rather Buy Now, Pay Later than use credit cards to purchases ” the researchers observed.

Installment plans are also popular with retailers because they encourage customers to spend more money.

“Consumers are really worried about whether or not they will be able to get their products in time for Christmas or not. So when you see a ‘buy now, pay later’, you can get your product right away. not have to worry about the rush to buy, ”Herzog said.

Yet experts warn that the option also has its risks.

“Payments are interest free if you pay on time,” Herzog said. “If you miss a payment or don’t pay, they’ll charge you a late fee.”

Buy-now loans are like any other form of debt, so buyers should be careful and thoughtful to avoid buyer’s remorse or financial downfall.

And these purchases do not benefit from the reward points and cash back offered by credit cards.

Experts say buyers who want to use the buy now-pay later option for the first time should start small and consider budgeting to avoid missed payments. Make sure you read the terms and conditions of these programs and understand the consequences of not meeting payment deadlines.

Copyright © 2021 WPVI-TV. All rights reserved.


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Dear Penny: How do you get a credit score after 30 years in prison? | pennyhoarder https://beaconatbangsar.com/dear-penny-how-do-you-get-a-credit-score-after-30-years-in-prison-pennyhoarder/ Wed, 06 Oct 2021 12:00:39 +0000 https://beaconatbangsar.com/dear-penny-how-do-you-get-a-credit-score-after-30-years-in-prison-pennyhoarder/

Dear Penny,

I have spent the past 30 years in prison. After I was released I tried to get credit and no one could even find me. I finally got Transunion to give me a written score of zero.

I have a lot of money in my bank account but no one will credit me except T-Mobile, which allows me to finance some phones. I couldn’t even get a secure $ 200 credit card.

What can I do to improve my credit and get it done as quickly as possible? I would like to buy a fairly recent car. I have enough money to deposit at least half and fund the rest if I could get credit. Can you give me some advice, please?

-No credit

You might hear about people who dramatically improved their credit score overnight, but they often did it by identifying a serious mistake in their credit reports. Or they already have credit and got a significant increase in their limit. Corn build credit from scratch takes time, often about a year.

Your criminal history does not show up on a credit check. But when you haven’t used credit for several years, the agencies don’t have enough information about you to calculate a score, making it difficult to get credit. If you don’t have a stable income or a history of employment, it can be even more difficult to get credit.

Sometimes you have to apply for several different credit cards before you find one that approves you. Try to apply for a secure credit card that specifically advertises that it does not require a credit check. You will still need to provide proof of income and your Social Security number to get approval. But without a credit check, at least your lack of history won’t be held against you.

These cards usually come with high fees and high interest rates. If you are approved, you will only want to make one small purchase that is no more than 10% of the overall card limit each month. This keeps your use of credit low, which is good for your score. Then make sure you pay off the balance in full each month.

You can also apply for what is called a credit builder loan. Essentially, it’s like a loan that works backwards. Suppose you have obtained approval for a $ 1,200 one-year installment loan. You would pay $ 100 per month and then after 12 months you would get your $ 1,200. This is not an option at most major banks, so check with online banks and local credit unions.

If you are renting a house and your name is on the lease, you may be able to create a loan using a rent reporting service, like Credit Rent Boost, Rent Reporters, or Rental Kharma. They will allow you to report your rent payments to offices, although you may need your landlord’s verification. Over time, this can help you build credit.

Any credit product you request should be reported to all three credit bureaus, ideally monthly, as that is the only way to create credit. Your payments over the phone are probably not reported to the offices, that is, unless you become a delinquent.

If you really need transportation right now, I think you will need to think of buying a car and building credit as two separate goals. Since you have savings, it may be more realistic to pay cash for an old car. You can upgrade after you have had time to build credit.

A final option for you may be to speak directly with a used car dealer about car financing. Even without credit, they may be willing to finance you directly since you have a large down payment, even if your interest rate will be high. Some lenders specialize in borrowers with bad credit or no credit at all. It will be especially important to document your income if you go this route. Most lenders also have a minimum financing amount of around $ 5,000.

The good news here is that you are dealing with a blank slate, rather than a tarnished credit report. Many former incarcerated people find out upon their return that someone has used their social security number to apply for credit accounts or file fraudulent tax returns. Or they have defaults and legitimate privileges because they were unable to make payments while serving their sentence.

Beware of anyone who offers a quick fix. The only way to establish credit is to establish a payment history on time. You may need to apply for multiple credit cards and loans before you are approved. Once you’re approved and start making payments, the bureaus will be able to calculate a score for you in six months to a year.

Start small and be patient. You have managed to build up savings, which is no small feat after your incarceration. Over time, you can also build your credit.

Robin Hartill is a Certified Financial Planner and Senior Writer at The Penny Hoarder. Send your sensitive money questions to AskPenny@thepennyhoarder.com.

This was originally posted on The Penny Hoarder, a personal finance website that empowers millions of readers nationwide to make smart decisions with their money with practical and inspiring tips and resources on how to earn, save and manage money.


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Advantages and disadvantages of flexible loans https://beaconatbangsar.com/advantages-and-disadvantages-of-flexible-loans/ Tue, 05 Oct 2021 16:23:17 +0000 https://beaconatbangsar.com/advantages-and-disadvantages-of-flexible-loans/

LOS ANGELES – October 5, 2021 – (Newswire.com)

iQuanti: Do you need to borrow money fast? Flexible loans, which are a great option for those with poor or average credit, often have quick approval processes and are easy to apply for. Let’s dive deeper into this flexible loans are and their pros and cons so that you can decide if this loan option is right for you.

What is a flexible loan?

A flexible loan or unsecured line of credit, gives you flexible access to cash. The borrower is given a limit of funds, rather than a fixed amount, which he can use as much or as little as he needs. With flexible loans, you will only pay interest on the money you borrow. Since this type of loan is unsecured, you don’t have to use your car or house as collateral, and eligibility conditions tend to be more flexible.

Benefits of getting a flexible loan

Flexible loans are a good option for several different reasons, including:

  • The money is available quickly: Many lenders with flexible loans have a quick or instant decision process. After completing an application, you can be approved instantly and receive your funds as quickly as the day of the application or within 24 hours.
  • Easy access to funds: With a flexible loan, you can withdraw funds when you need them, making it a convenient loan option. Once you are approved, you have access to money up to a certain amount and you will only pay interest on the amount you borrow.
  • You don’t need a lot of credit: While it can be difficult to find a lender offering flexible loans without a credit check, there are many who will take factors in addition to your credit score into account when deciding whether or not to approve you. These factors can include your income, employment history, and current debts. Many flexible loans don’t require you to have a good credit rating, and you can get approved with poor or average credit.

Disadvantages of a flexible loan

Here are the disadvantages of getting a flexible loan:

  • High interest rates: Since you don’t need collateral, you may have to pay a higher interest rate. This is because the lender takes the risk of giving you unsecured funds and may not have strict credit score requirements.
  • Risk of exceeding: Since flexible loans give you a source of cash to withdraw from as needed, you might be tempted to spend more than you can afford. Make sure you keep track of what you spend and remember that you have to pay interest on the amount you borrow.

The bottom line

Flexible loans are convenient, easy to get, and a good fallback option for people who cannot count on a stable income throughout the year. They are also a great option for special projects, like home repairs, where unforeseen expenses can arise. You don’t need great credit to get approved, so consider flexible loans if you need access to cash right now.

Note: The information provided in this article is provided for informational purposes only. Consult your financial advisor about your financial situation.

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Advantages and disadvantages of flexible loans


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Solana joins Nexo; users can earn up to 8% interest on SOL https://beaconatbangsar.com/solana-joins-nexo-users-can-earn-up-to-8-interest-on-sol/ Mon, 04 Oct 2021 14:08:15 +0000 https://beaconatbangsar.com/solana-joins-nexo-users-can-earn-up-to-8-interest-on-sol/

Nexo users can buy, trade and get loans in exchange for Solana Tokens (SOL / USD). They could earn up to 8% interest on their holdings, Invezz learned in a press release. Nexo wrote:

As you know, we always have the best interests of our customers at heart, so we’re back with some exciting news for you: Nexo brings SOL on board! You can now buy, trade, earn and borrow against your SOL on our platform.

Are you looking for fast news, great deals and market analysis?

Sign up for the Invezz newsletter today.

Users instantly get Solana tokens in their wallet. Interest is paid daily. They can get loans with SOL as collateral and at rates starting at 6.9% APR and swap SOL on Nexo at actual cost.

Purchase Solana

Nexo guarantees that you can buy SOL easily, securely and instantly on its platform. You simply add your bank details to your Nexo wallet and press ‘buy’.

Solana exchange

You can trade Solana for Bitcoin (BTC / USD), Ethereum (ETH / USD), Tether (USDT / USD), and three fiat currencies: US Dollar, Euro, and British Pound.

Earn interest

Nexo presents the return on its savings on Solana as the highest on the market. With Nexo’s Earn Crypto Interest suite, it gets paid daily. You don’t have to do anything to start increasing your passive income other than top up your balance.

Get an instant cash loan

Nexo’s Instant Crypto Credit Lines trademark allows users to obtain a cash or stablecoin loan using Solana tokens as collateral. The APR starts at 6.9%. The minimum loan amount you can get is $ 50. The maximum is $ 2 million. No credit check is required. The platform will process your application automatically and loans can be approved in seconds.

You can repay the loan in whole or in part at any time. No installment payments or minimum repayments are required.

Solana supports more than 400 projects in the NFT, Web3, DeFi and other sectors. Its combined consensus mechanism is based on proof of history (PoH) and proof of stake (PoS). It has very low transaction costs and claims to be able to process up to 50,000 transactions per second.

Invest in Crypto, Stocks, ETFs and more in minutes with our favorite broker,

eToro






10/10

67% of retail CFDs lose money


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Best Online Installment Loans For Bad Credit October 2021 https://beaconatbangsar.com/best-online-installment-loans-for-bad-credit-october-2021/ Fri, 01 Oct 2021 07:00:00 +0000 https://beaconatbangsar.com/best-online-installment-loans-for-bad-credit-october-2021/

To improve

Ideal For Bad Credit Debt Consolidation Installment Loans

5.94 – 35.47%

Personal loans granted through Upgrade have APRs of 5.94% to 35.47%. All personal loans have an origination fee of 2.9% to 8%, which is deducted from the loan proceeds. The lower rates require automatic payment and direct repayment of part of the existing debt. For example, if you received a loan of $ 10,000 with a term of 36 months and an APR of 17.98% (which includes an annual interest rate of 14.32% and a one-time setup fee of 5%) , you will receive $ 9,500 in your account and have a required monthly payment of $ 343.33. Over the life of the loan, your payments would total $ 12,359.97. Your loan’s APR may be higher or lower, and your loan offers may not have multiple terms available. The actual rate depends on credit rating, credit history, length of loan, and other factors. Late payments or subsequent charges and fees can increase the cost of your fixed rate loan. There are no fees or penalties for early repayment of a loan. Personal loans issued by Upgrade lending partners. Information on Upgrade Lending Partners is available at https://www.upgrade.com/lending-partners/. Accept your loan offer and your funds will be sent to your bank or designated account within one (1) business day after completing the necessary verifications. The availability of funds depends on how quickly your bank processes the transaction. From the time of approval, funds should be available within four (4) business days. Funds sent directly to pay off your creditors can take up to 2 weeks to clear, depending on the creditor.

$ 1,000 – $ 50,000

560

Universal Credit

Universal Credit

on the Universal Credit website

Best For Bad Credit Installment Loans With Credit Building Tools

8.93 – 35.43%

Personal loans granted through Universal Credit have APRs of 8.93% to 35.93%. All personal loans have a creation fee of 4.25% to 8%, which is deducted from the loan proceeds. The lower rates require automatic payment and direct repayment of part of the existing debt. For example, if you received a loan of $ 10,000 with a term of 36 months and an APR of 27.65% (which includes an annual interest rate of 22.99% and a one-time setup fee of 6%) , you will receive $ 9,400 in your account and you would have a required monthly payment of $ 387.05. Over the life of the loan, your payments would total $ 13,933.62. Your loan’s APR may be higher or lower, and your loan offers may not have multiple terms available. The actual rate depends on credit rating, credit history, length of loan, and other factors. Late payments or subsequent charges and fees can increase the cost of your fixed rate loan. There are no fees or penalties for early repayment of a loan.

$ 1,000 – $ 50,000

560

Reached

Reached

Ideal for bad credit installment loans for borrowers with poor credit history

4.37 – 35.99%

The full range of rates available vary by state. The average 3 year loan offered by all lenders using the Upstart platform will have an APR of 21.97% and 36 monthly payments of $ 35 per $ 1,000 borrowed. For example, the total cost of a loan of $ 10,000 would be $ 12,646, including the origination fee of $ 626. The APR is calculated based on the 3-year rates offered in the last month. There is no deposit or early repayment penalty. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.

$ 1,000 – $ 50,000

580

Point Ready

Point Ready

on the LendingPoint website

Best For Bad Credit Installment Loans With Quick Funding

9.99 – 35.99%

The approval of the loan is not guaranteed. Loan offers and actual loan amounts, terms, and Annual Percentage Rates (“APRs”) may vary depending on how LendingPoint’s proprietary underwriting and scoring system reviews your credit, situation. financial, other factors and supporting documents or information you provide. Original or other charges of 0% to 6% may apply depending on your state of residence. Upon final approval of the subscription by LendingPoint to finance a loan, said funds are often sent via ACH on the next non-holiday business day. LendingPoint offers loan offers from $ 2,000 to $ 25,000, at rates ranging from a minimum APR of 15.49% to a maximum APR of 34.99%, with terms of 24 to 48 months.

$ 2,000 – $ 36,500

580

Main

OneMain Financial

on the OneMain Financial website

Ideal for secured or co-signed bad credit installment loans

18.00 – 35.99%

Not all applicants will be eligible for larger loan amounts or better loan terms. Loan approval and actual loan terms depend on your ability to meet our credit standards (including a responsible credit history, sufficient income after monthly expenses, and the availability of collateral). Larger loan amounts require a first lien on a motor vehicle less than ten years old, which meets our value requirements, titled in your name with valid insurance. The maximum annual percentage rate (APR) is 35.99%, subject to state restrictions. APRs are generally higher on unsecured vehicle loans. Depending on the state in which you open your loan, the origination fee can be either a fixed amount or a percentage of your loan amount. Lump sums vary by state, ranging from $ 25 to $ 300. Percentage-based fees vary by state, ranging from 1% to 10% of your loan amount, subject to certain state limits on the amount of fees. Active duty military personnel, their spouses, or dependents covered by the Military Loans Act cannot pledge any vehicle as security for a loan. OneMain loan proceeds cannot be used for post-secondary education expenses as defined by CFPB Regulation Z, such as college, university or professional expenses; for commercial or commercial purposes; buy securities; or for gambling or illegal purposes. Borrowers from these states are subject to these minimum loan amounts: Alabama: $ 2,100. California: $ 3,000. Georgia: Unless you are a current customer, a minimum loan amount of $ 3,100. Ohio: $ 2,000. Virginia: $ 2,600. Borrowers (other than current customers) in these states are subject to these maximum unsecured loan amounts: North Carolina: $ 7,500. New York: $ 20,000. An unsecured loan is a loan that does not require you to provide collateral (like a motor vehicle) to the lender.

$ 1,500 – $ 20,000

Nothing

The average score is 600 – 650

Opportune

Opportune

Best for Bad Credit Installment Loans No Credit Score Required

27.74 – 35.95%

This is an advertisement for a consumer loan, subject to credit eligibility. Not available in CO, DC, GA, HI, IA, MA, MD, ME, NY and WV. Loans in AZ, CA, FL, ID, IL, MO, NJ, NM, TX, UT and WI are issued by Oportun Inc. California Loans made pursuant to a license under California Financing Law. NV Loans issued by Oportun, LLC. In all other states, loans are issued by MetaBank, NA, member of the FDIC. State terms, conditions and restrictions apply. See oportun.com for more details.

$ 300 – $ 10,000

Nothing


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Best Personal Loans for Fair Credit October 2021 – Forbes Advisor https://beaconatbangsar.com/best-personal-loans-for-fair-credit-october-2021-forbes-advisor/ Thu, 30 Sep 2021 18:02:00 +0000 https://beaconatbangsar.com/best-personal-loans-for-fair-credit-october-2021-forbes-advisor/

Upgrade was launched in 2017 and provides accessible online and mobile banking and credit services in all states except Iowa, Vermont, and West Virginia. Since then, the platform has made more than $ 3 billion in credit available to more than 10 million applicants and continues to expand its online and mobile services. Although the maximum APRs are higher than those of other online lenders, Upgrade offers loans to those with bad credit history.

Loan amounts, which start at just $ 1,000, are flexible but cap at $ 35,000, less than lenders who focus on the most creditworthy borrowers. Loan terms of three and five years are available. The upgrade charges an origination fee of between 2.9% and 8% of the loan, and borrowers will be charged a fee of $ 10 if their payment is more than 15 days late or the payment is missed. carried out ; there is no discount for automatic payment. That said, upgrade borrowers aren’t subject to a prepayment penalty, so you can lower the overall cost of the loan if you’re able to pay it back sooner.

In addition to offering accessible personal loans, Upgrade streamlines the lending process with a mobile app that allows borrowers to view their balances, make payments, and update their personal information. Upgrade’s Credit Heath tool also makes it easy to track your credit score throughout the life of your loan.

Eligibility: Prospective borrowers must have a minimum score of 580 to qualify for an Upgrade personal loan (the average borrower score is 697), making it an accessible option for those with fair credit. Additionally, the lender does not require applicants to meet a minimum income requirement, although borrowers earn an average of $ 95,000 per year. Applicants must have a maximum pre-loan debt-to-income ratio of 45%, excluding their mortgage.

The lender also takes into account each applicant’s free cash flow, demonstrating their likely ability to make consistent loan payments on time. Ideally, applicants should have a minimum monthly cash flow of $ 800.

The upgrade increases the accessibility of loans by also allowing co-applicants.

Uses of the loan: Like most other personal loans, Upgrade Loans should be used to pay off credit cards, consolidate other debt, make home improvements, or pay for other major purchases. However, Upgrade sets itself apart from some lenders by allowing borrowers to use personal loan funds to cover business expenses. Plus, Upgrade will reimburse third-party lenders directly, making debt consolidation more convenient than with some competing lenders.

There are no specific prohibitions on the use of Upgrade Loans other than those already imposed by law.

Completion time : Once an upgrade loan is approved, it usually takes up to four business days for a borrower to receive the funds. However, if Upgrade directly repays a borrower’s loans to a third-party lender, it may take up to two weeks for the funds to clear.


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How to Get Free TalkTalk Broadband for Job Seekers https://beaconatbangsar.com/how-to-get-free-talktalk-broadband-for-job-seekers/ Thu, 30 Sep 2021 12:26:30 +0000 https://beaconatbangsar.com/how-to-get-free-talktalk-broadband-for-job-seekers/

TalkTalk is partnering with the Department for Work and Pensions (DWP) to provide six months of free broadband to job seekers across the UK. Internet access is vital for those looking for work or needing access to government support services. So the collaboration between TalkTalk and Jobcentre Plus could help those hardest hit by the pandemic get the support they need.

The free broadband voucher scheme was tested in Greater Manchester and Cheshire during the second lockdown last year. And thanks to its success, there are now plans to roll it out across the UK.

Daniel Kasmir, Director of Human Resources and Purchasing at TalkTalk, said: “We believe that reliable broadband is a right, not a privilege. However, many people across the UK are struggling to access the internet, with the effects of the pandemic causing the number of universal credit applicants to double in one year.

“The successful trial of this program in the Northwest demonstrates the value of broadband for those seeking employment. Working with the DWP to roll out this program nationwide supports our mission to democratize the internet and deliver affordable, high-quality connectivity to everyone, helping to bridge the digital divide in the UK.

Mims Davies, UK Minister for Employment, told the Guardian: “We want to support job seekers in every way possible on their journey to finding employment, which includes leveling out opportunities by ensuring that they are digitally connected and can access the full range of assistance offered. through our Employment Plan and our JobHelp website.

If you need to find better, more affordable broadband, check out our listings for the latest broadband deals on offer in the UK.

Our latest broadband offers

What is included in the TalkTalk free broadband plan for job seekers?

Eligible job seekers will be able to get the TalkTalk Fiber 35 plan, which has an average download speed of 38 Mbps and an average upload speed of 9 Mbps. The Fiber 25 package, which is normally priced at £ 23 per month on an 18-month contract, will be available for free for six months.

Most importantly, there is no obligation to continue with TalkTalk after the six months have passed. In fact, the contract will end, rather than renew automatically. Customers will need to sign up to continue with TalkTalk or can upgrade to a new broadband offering if they choose.

This is a standard fiber broadband deal, giving job seekers high bandwidth and high speed speed to get the basics done and get connected while they search for work. It does not come with any additional services, such as included calls or pay TV services. But will include important key features, such as unlimited data usage, an included Wi-Fi router, and access to its internet security features.

Note: If you choose to quit TalkTalk, you will need to return your Wi-Fi router to the prepaid return service provided.

How to request free broadband from TalkTalk

Jobcentre Plus staff will be trained on the new program and will be responsible for identifying eligible participants so that they can offer the vouchers. If you are currently out of work, ask your Jobcentre Plus work coach if you would be eligible for the program, especially if you do not currently have broadband at home. It will be up to Jobcentre Plus staff to determine eligibility which they will need to assess on a case-by-case basis. But don’t worry, there is no limit on the number of referral codes available and there is currently no deadline to apply.

If you are eligible, your professional coach will provide you with a referral code, which you can then use to contact TalkTalk directly and arrange an installation. This means that you will bypass the credit check that is typically required to purchase a service. So it shouldn’t have a negative impact on your credit score.

If you need to find better, more affordable broadband, check out our listings for the latest broadband deals on offer in the UK.

Our latest broadband offers


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TalkTalk criticized by regulator for “misleading” advertisements • The Register https://beaconatbangsar.com/talktalk-criticized-by-regulator-for-misleading-advertisements-the-register/ Wed, 29 Sep 2021 18:31:00 +0000 https://beaconatbangsar.com/talktalk-criticized-by-regulator-for-misleading-advertisements-the-register/

TalkTalk – the Salford-based telephone company with more than four million broadband customers – has been ticked by the UK’s Advertising Standards Authority (ASA) following nine separate complaints about misleading advertising.

Initial objections focus on two advertisements – on TV and email – that aired in early 2020 that spoke of a 24-month broadband offer that was “fixed until 2022” or promised “no increase to mid-contract “.

The ASA intervened when the plaintiffs signaled that the price of their broadband plans would “increase during the term of the fixed contract” despite assurances given in the announcement.

As a result of its investigation, the ASA sided with concerns that the ads were “misleading” and banned them.

“We told TalkTalk Telecom Ltd not to pretend the prices were ‘fixed’ or that there wouldn’t be a mid-contract price increase if that wasn’t the case,” said the advertising watchdog today.

While this may be seen by some as another criticism of the ASA, the decision has broader implications.

The ASA based its decision on guidance issued by the telecommunications regulator Ofcom on “price increase at mid-contract. “

“He made it clear that if a communications provider wished to increase the price (or prices) of the basic monthly subscription agreed by the customer at the point of sale, Ofcom was likely to view it as a materially prejudicial contract.” , explained the ASA.

As such, any change would require the client “to be given at least one month’s written notice of the increase and the right to terminate their contract without penalty,” he said.

This customer protection is important because the rapid deployment of full fiber is likely to result in a substantial churn rate among consumers as they search for the best deals available. And anything that could impede competition in the communications market is unlikely to be well received by consumers or regulators.

Just yesterday, Ofcom unveiled plans to make it easier to switch between broadband providers despite a number of concerns raised by some service providers.

In its defense, TalkTalk told the ASA that it viewed the COVID-19 pandemic as an “exceptional” case and that the pricing “under their plans was based on a certain level of use and incremental usage, but not to the extent that this usage increased during the deadlocks. “

He further told the ASA that he “did not believe consumers expected to pay a fixed price for the level of use observed during the shutdowns.”

No one from TalkTalk was available to comment on the Reg on today’s decision. They were also not on hand to comment on their deal with the Department for Work and Pensions (DWP) to offer free broadband to people looking for work.

The voucher system gives job seekers six months of free broadband – with no contracts or credit checks – and is designed to help people looking for new jobs.

It has already been tested in Greater Manchester and Cheshire and is now being rolled out across the UK with the aim of tackling the ‘UK digital divide’.

It will be up to the DWP to identify and refer potential clients for the free service “on the basis of their need”.

TalkTalk last year agreed to a £ 1.1 billion takeover led by its second shareholder, Toscafund. ®


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UK government to offer 6 months free broadband internet access to job seekers – Internet – News https://beaconatbangsar.com/uk-government-to-offer-6-months-free-broadband-internet-access-to-job-seekers-internet-news/ Tue, 28 Sep 2021 10:11:28 +0000 https://beaconatbangsar.com/uk-government-to-offer-6-months-free-broadband-internet-access-to-job-seekers-internet-news/

The UK government has partnered with ISP TalkTalk to provide free broadband connection to job seekers. Mondays, TalkTalk group announcement the program, designed in partnership with the Department of Work and Pensions (DWP), which will provide job seekers with a six-month contract-free voucher of TalkTalk’s Fiber35 broadband. The aim of the program is to “tackle digital exclusion and remove barriers to employment across the UK”, and no credit checks are required to embark.

It is noteworthy that the DWP employment centers have remained open throughout the pandemic, much of the training and employment support has been moved online, making a reliable internet connection of all the more important. The situation led TalkTalk and the DWP to test a broadband voucher scheme in Greater Manchester and Cheshire at the start of Britain’s second lockdown last year, and the results were deemed successful.

“We believe that reliable broadband is a right, not a privilege. However, many people across the UK are struggling to access the internet as the effects of the pandemic have doubled the number of credit applicants universal in one year, ”said TalkTalk Human Resources and Purchasing Director Daniel Kasmir. “The successful trial of this program in the Northwest demonstrates the value of broadband for those seeking employment. Working with the DWP to roll out this program nationwide supports our mission to democratize the Internet and bring affordable, high-quality connectivity to all, helping to close the digital divide in the UK. “

So how do you get one of these broadband coupons? The TalkTalk press release says the DWP will distribute discount codes to those it has identified as needing this service. Upon receipt of a code, the person will call TalkTalk directly on a dedicated (free?) Number to use the 6-month prepaid code. At the end of the six-month period, customers can choose to contract with TalkTalk or cancel the service and will incur no additional fees or registration fees once the service is terminated. If the user does not want to continue, he must return the router, etc. in a prepaid envelope.

TalkTalk Fiber 35 is characterized by the ISP as a “most browsing and streaming” package. The unlimited plan would offer an average download speed of 38 Mbps, which is enough for one to five devices. Normally, if the service was available in your area, you would have to shell out £ 23 per cm over two years (+ £ 5 router / hub postage) for this contract. I’ve never tried TalkTalk’s service or router, but the company claims their hub can provide Wi-Fi anywhere in a normal home. TalkTalk’s 65 Mbps plan costs just £ 1 more per month, with its super-fast 150 offering 30 cfm and its top-of-the-line Fiber 500 offering 40 cfm.


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