Business loans "Prospa" - be careful
I see Prospa is posting a sponsored message. Be aware that interests have been reported as high as 30.2%.
Any loan without assets are going to charged a lot. While this could tide you over for a few months, I strongly recommend keeping the payback period as short as possible, preferably one month term.
From Prospa: "We use a risk-based pricing model to determine the cost for each individual customer using data such as industry, years in business and cash flow. We do also have to consider the current environment to responsibly assess risk, to ensure we lend appropriately."
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
Make a hearty dish. Take just half a minute. Add four parts of kestrel. Then just add one. What have you made?
(Trev from Silverdale kindly provided this head-scratcher ... thanks, Trev!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.5% Yes, supporting people is important!
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26.2% No, individuals should take responsibility
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14.4% ... It is complicated
Electricity Profits
Holy Moses, Contact Energy made a small profit for last 6 months, only 44%
This is just unbelievable, talking about Luxon and his wealthy mates ripping us off in the challenging times.
Why does the government want to put a LEVY on the poor citizen of NZ, mainly to fund the LNG Storage Facility in Taranaki.
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