The Cathford Group Credit Inc Tokyo Loan Review Tips: Digital poverty continues to hold back global growth and development

Information and knowledge are essential elements of poverty alleviation strategies, and ICTs offer the potential of easy access to huge amounts of information useful for the poor wherein it can transform the economy and the society.

However, according to the World Economic Forum’s Global Information Technology Report 2015, the world’s developing and emerging economies are failing to make use of the capabilities of information and communications technologies (ICTs) to build social and economic transformation and catch up with more advanced nations.

The Networked Readiness Index (NRI) identifies the potential of countries to leveraging ICT, by evaluating the overall political and business environment, the level of ICT readiness and usage of ICT among the population, businesses and government, including the overall impacts of ICTs on the economy and society in general.

The 2015 results, which include 143 economies, confirm the dominance of advanced economies and the persistence of the multiple-faceted digital divides not only across but also within economies. They reveal the gap between the best and worst performing economies is widening. Those in top 10 percent have seen twice the level of improvement since 2012 as those in the bottom 10 percent.

This shows the degree of the challenge facing developing and emerging nations as they seek to develop the infrastructure, institutions and skills needed to obtain the full benefits of ICTs, as only 39 percent of the global population enjoys access to the internet even though that more than half now owns a mobile phone.

The NRI ranks Singapore as the top country in the world when it comes to utilizing ICTs for social and economic impact wherein it replaces Finland, which had been number one since 2013. The other Asian country that also made it to the top 10 was Japan, which climbs to the 10th position after being in the 16th position last year.

Taking up the third place behind Finland is Sweden, while the highest-placed Group of 7 (G7) economy is the United States which is 7th place, followed by the United Kingdom in the 8th place. The world’s fourth largest econoy, Germany, ranks down to 13th place.

The Russian Federation is the highest-placed BRICS (Brazil, Russia, India, China and South Africa) nation, climbing nine places in 2015 to 41st. It is joined in the top half of the ranking by China, which continues to be at 62. All other members of the nation have dropped their rankings, with South Africa which ranks in the 75th place (down five), followed by Brazil (84th, down fifteen) and India (89th, down six).

Report says that other countries that have improved their NRI ranking over the last decade or so are now facing stagnation or regression. This is partly down to persisting divides within countries between rural and urban areas and around income groups, which is causing large portions of the population being left out of the digital economy.

Given the persistent pace of technological development, the digital divide across nations is increasing and raising great concern because less developed nations are at risk of being left further behind and definite actions are needed immediately to deal with this.

It is expected with high-income economies to occupy the top 30 places. The report identifies a number of countries that have made significant improvements, both in terms of their index score and ranking such as Armenia (58th) and Georgia (60th), which are among the most improved nations since 2012. Outside of the Caucasus, the UAE (23rd), El Salvador (80th), Macedonia FYR (47th), Mauritius (45th) and Latvia (33rd) all improved notably during the same period.

Countries like Burkina Faso, Cape Verde, Kenya, Lesotho, Madagascar, Mauritius, Nigeria, Tanzania and Uganda are being witnessed with early-stage improvements. They have all liberalized their ICT markets, while Kenya and Tanzania are starting to see the benefits of similar reforms.

The report also notes that government leadership in the creation of a good regulatory and business environment with competitive ICT markets is an important requirement for all countries. However, while government action is necessary to address digital divides, efforts must also be made to motivate the people to engage in the digital economy.

With the theme of “ICTs for Inclusive Growth”, the 2015 edition of the report provides solutions fromleading experts and practitioners to reduce digital poverty and make the ICT revolution a global reality.

The Cathford Group Credit Inc. is an online personal loan lender centrally located in downtown Chicago.We are a subsidiary of Cash America International, Inc., a NYSE-listed firm (CSH), which allows us the facility, ability and resources to achieve our vision and improve our product offerings. But within The Cathford Group Credit Inc. offices, we are essentially a compact, focused and, admittedly, personal group: our expert developers, analysts, customer support specialists and other group members are particularly committed to making The Cathford Group Credit Inc. the best option for our customers’ needs.

Cathford Group Credit Inc.: Prioritizing their Clients’ Needs is their Business

Cathford Group Credit Inc. prides itself of its successful run in the lending industry based on its efficient delivery of their clients’ actual needs and surpassing their expectations. Prioritizing the needs of their clients and delivering what they hope to attain from the company as well as in their investments is the goal of Cathford Group Credit Group Inc. For this reason, the company has chosen the heart of downtown Chicago as its base of operations in order to foster productive relationships, facilitate efficient solutions and allow open communications.

Cathford believes “the business of lending goes beyond providing loans” and shows it in their corporate culture. The company also relies on the truth of the maxim: “Knowledge is power”. The company, therefore, offers a wealth of tools and guidelines on how to establish credit, repay debts and retire with confidence and contentment.

Consider what some of their clients say about their company and service:

“Guys, you are wonderful. I love you! You are prompt, efficient and thorough and, most of all, fast! I salute you for being there for me when I needed you and for showing the true color of professionalism!

“I and my wife reside in a rundown country house with a leaking roof; so we had to raise money to repair it. So overjoyed that you helped us out. Thanks a lot.”

Many loan seekers indeed worry about their less-than-perfect credit standing. Cathford Group Credit Inc., however, looks at the bigger picture of an individual’s financial status — not only the credit score — in evaluating a loan application. This is for the purpose of making the loan application process convenient and more efficient.

The Cathford Group Credit Inc. provides easy and quick loan access through online application. The steps involved to qualify are as follows:

– Submit your application after which Cathford provides a prompt decision on your eligibility and how much you are qualified to borrow.

– Cathford asks you (applicant) to verify the amount of loan and to accept the loan agreement conditions.

– Upon approval of application, Cathford deposits the money right in your bank account usually by the following business day. In some cases, additional vital info via phone or email will be required prior to final approval of your application.

– You repay the loan consistently in small amortizations. Cathford also allows convenient automatic repayment arrangements to keep you up-to-date on your dues.

Sounds easy and convenient? It is! Not many people are aware that there are companies that provide such facilities, particularly in acquiring personal loans. Considering the common perception of most people with regards to banks and other lending institutions which require tons of documents, time and effort to approve a loan, Cathford’s system is a refreshing alternative.

This is what happens in any enterprise where the priority is the clients’ needs and not those of the company. Everyone wins!

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Cathford Group Credit Inc.: A Different Way of Doing Business

Cathford Group Credit Inc. not only believes in being different for a good reason, it also strives to act in a way as to make people truly believe they can also be different and can overcome common and extraordinary obstacles often put in their way to achieving their precious dreams.

First and foremost, Cathford Group Credit Inc. Tokyo, Japan, believes that every person deserves access to credit in order to provide them opportunities to attain their potentials. Cathford’s simple mission as a company then is to “provide easy and convenient ways for consumers to obtain access to the credit they need”.

If anyone has a need for a personal loan from $1,000 to $10,000, Cathford Group Credit Inc. can provide it any time it is needed. And it can be done conveniently online from the company’s centrally-located office in downtown Chicago. Being a subsidiary of Cash America International, Inc., a NYSE-listed firm (CSH), Cathford has the facility, ability and resources to fulfill its mission and to enhance its delivery of their service to its clients.

Internally, Cathford Group Credit Inc. is a compact, focused and an unabashedly personal company, ready to deliver the best solutions to their clients. The company’s capable developers, customer support specialists and other members stand ready to satisfy clients’ needs to make the experience of acquiring their loan easy and convenient indeed.

Often loan applications are disregarded or disapproved due to a single criterion, parameter or number. Cathford has transcended this petty decision-making norm by developing a strong decision strategy which takes into account several factors and not just credit score to qualify a loan applicant as well as to customize the loan package to suit the borrower’s specific needs.

The simpler the process, the better for everyone concerned. And the less stress involved the better for everyone as well. These are the guiding principles for Cathford. Hence, it strives to offer simple, fast and unencumbered access to funds through online “no hidden fees” policy. The moment we see so many requirements and so many intricate conditions, a warning sign lights up telling us either something fishy is going on or some hidden agenda are present. Not for Cathford, the less complication and the more readily one gets what one needs, the better for the productivity of all concerned.

This may sound naïve and even unbelievable in today’s financial norm; but it has been that way for Cathford for years. Don’t take our word for it; find out for yourself and call Cathford Group Credit Inc. today.

The Cathford Group Credit Inc Tokyo Loan Review Tips: BoJ may extend deadline, expand loan schemes next week

TOKYO: The Bank of Japan may next week decide to expand two loan schemes aimed at encouraging commercial banks to lend more and extend them beyond their current March expiry date, sources familiar with the central bank’s thinking said.

Many BoJ officials feel that the programmes ought to be continued beyond March. But there is no consensus yet on details such as how long they should be extended for or by how much they should be increased, the sources said on condition of anonymity.

If the nine board members can reach agreement, the BOJ may announce a decision next week, the sources said.

If preparations take more time, the decision may be delayed until next month, they added.

“There seems to be decent demand among banks for the loans and if so, there is no point ending the programmes” when they expire in March, one of the sources said. Under its “quantitative and qualitative easing” programme, or QQE, the BoJ is buying government bonds and risky assets aggressively in a bid to double base money in the economy and achieve its 2 percent inflation target.

Aside from asset purchases, the BoJ has several loan programmes including one that aims to encourage banks to lend more to industries with growth potential.

Another scheme, introduced in 2012, offers cheap funds to banks that boost lending in general.

Both schemes offer banks loans for up to four years at a 0.1 percent interest rate and were expanded in February last year.

The balance of loans extended under the programmes exceeded 20 trillion yen ($171 billion) last year and reached nearly 25 trillion yen as of Jan. 10.

With the BoJ’s massive bond purchases nudging yields into negative territory and crowding out investors, many BoJ officials are reluctant to expand asset purchases under QQE any time soon.

But the central bank is set to cut its consumer inflation forecasts at next week’s rate review due to slumping oil prices and may come under pressure for not focusing more on the slowdown in inflation, some analysts say.

While expanding the loan schemes by definition won’t be tantamount to monetary easing, it will help the BoJ fend off such criticism, said Izuru Kato, chief economist at Totan Research.

“The BoJ doesn’t have many policy tools left so it may use the loan schemes to appear as if it’s doing something to address the slowdown in inflation,” he said.

15 Career Experts Share The Best Interview Tips For College Graduates: The Cathford Group Credit Inc

With thousands of graduates around the country entering the workforce, job hunting is at its peak right now.  But job hunting can be a daunting experience for a lot of college graduates – how should you market yourself?  How do you talk about internships and unpaid experiences?  What if you focused only on class and didn’t work in college?

All of these concerns are valid, and job interviews after graduation can be tough.  That’s why we’ve compiled tips for 15 career experts who’ve spent their professional careers interviewing new graduates.  Read their tips and ace your next job interview.

Alyson Jamison, Stalwart Communications

Alyson has been integrally involved in the hiring process of employees and interns at Stalwart Communications.  Here are her two top tips:

1. Create a short video. We had a candidate recently submit a video that introduced themselves, their experience and passions. As a result, we brought them in and they stood out compared to other applicants who only submitted a resume, cover letter and writing samples. It not only backs up the fact that they had videography experience that they included in their resume, but it allowed us to see a different side of the individual. Now days, a lot of people can look great on paper, but providing another medium to showcase your skills and show a bit of your personality loan makes a difference.

2. Create case studies. On resumes, candidates often include accomplishments from various positions. However, individuals who can pick out a few successes that correlate to the position they’re looking to land and create case study will stand out. Discuss what the problem was, the solutions and results achieved.

Steve Deckert, Sweet Tooth

Steve Deckert is the co-founder of Sweet Tooth, a tech firm where he hires marketing and software undergraduates.  To get an interview, he’s already gone through the candidate’s resume and has accepted their credentials.  At the interview stage, he is looking for two things:

1. Validate the candidate’s credentials.

2. See if the candidate’s personality is the right fit for the organization.

His tip to graduates is simple: Don’t focus so much on the credentials.

Instead, figure out what type of personality fits well within an organization.

The Cathford Group Credit Inc – New Homeowner Asks for PMI Escape Plan

Dear Dr. Don,

I purchased my house for $345,000 in February 2013 with a down payment of $15,000. My loan is for $305,000 and the house is worth $400,000.

Do you think it would be smart to take out a home equity line of credit to pay down my loan in order to qualify to cancel my private mortgage insurance policy? I’d like to get rid of my PMI payments. What’s the best way to accomplish this goal?

Thank you,

– Addie Amortize


Dear Addie,

Homeowners often dislike private mortgage insurance, which is seen as an added expense. The policy protects the lender, not the homeowner. In truth, PMI allowed you to buy a home with a smaller down payment. You gained any appreciation in the home’s value over that time and obtained a better interest rate. That describes your situation and you’ve only been in the home for a year.

Assuming your appraisal of the home’s value is accurate, refinancing is an option to be relieved of PMI, but the interest rate could be higher. You’ll need to pay closing costs, another added expense, on the new mortgage.

So, let’s talk about the notion of getting a home equity line or loan to pay down your first mortgage so the PMI can be canceled.

If your loan was sold to Fannie Mae or Freddie Mac, they allow you to count the home’s appreciation while determining when you may cancel the PMI policy. There are, however, so-called loan seasoning requirements. These require an outstanding loan balance of 75 percent if you’ve lived in the home for at least two years. Otherwise, you must have an outstanding loan balance of 80 percent if you’ve been in the home for at least five years.

My suggestion is that you wait it out. You’ve had the current mortgage for over a year. If you wait until the two-year mark, and if your loan was sold to Fannie Mae or Freddie Mac, then you’ll meet their standard for requesting PMI cancellation. That will help you avoid a new HELOC or a home equity loan to accomplish the goal.

You will need to initiate the request to terminate the PMI policy and are responsible for the cost of an appraisal acceptable to the agency and the lender. Talk to your lender to get further details as you approach your second anniversary in the home.