Daily Archives: July 3, 2018

Consumer Services, Financial

Consumer Loan Market Is Growing

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New York, NY, USA, 2018-Jul-03 — /REAL TIME PRESS RELEASE/ — During last ten years, there were significant investments in the personal loans market. It was possible due to the inflow of capital and innovative technologies, which caused a doubling of the market.

Although, according to many financial websites, originations of personal loans are falling. It started with refusals to borrowers with a credit rating below 600, which didn’t take place since 2012.

Despite the decline in the origination of loans, all other data shows an increase of interest of the borrowers to this bank product.

The market for unsecured loans grew by 10.8% in 2017. And financial analytics are talking now about a great prospect for the development of this market segment.

According to statistics in 2017, 10% of respondents applied for a personal unsecured loan, a greater interest was shown to credit cards (65%) and auto loans (26%).

Banking CEOs are Concerned About FinTech

The lending market has a long history and now it is experiencing one of the most historical phases.

One of the biggest changes became a rapid development of FinTech (financial technologies).

Several years ago banks and other traditional financial structures were skeptical about online loans. Now 81% of banking CEOs are worried about such fast FinTech development.

Such concerns are reinforced by the fact that financial Internet structures have become quite competitive. Applying to a lender online, via a certain website connecting the customers with the direct service providers, the borrower gets a wide choice: unsecured personal loans, same day loans, debt consolidation etc. In addition to this sophisticated credit models and new anti-fraud mechanisms makes online financial services more attractive than banks.

The Most Popular Loans

According to the last statistic data, the most popular loan products are unsecured personal loans and installment loans. These loans are the most convenient and profitable for the borrowers. Same day payday loans are also popular, but they are most often used in urgent cases when money is needed for a short period of time. In such cases, 24/7 loans are more convenient, since it is easy to get and the money is being accrued to the bank account of a borrower in short period of time.

The thing that makes personal loans one of the most attractive types of financial products is its uniqueness. It can be used for any purpose: making a big purchase, paying for a wedding or vacation, etc. However, the most common reasons for obtaining a personal loan currently are:

1. Debt consolidation (35%).
2. Household expenses (19%).
3. Medical expenses (9.9%).

Statistic data shows that the purpose of the loan doesn’t affect the chances of the borrower to get approved.

Summing up, the consumer credit market is experiencing rapid growth. Personal loans are attractive to the borrowers because of the affordable interest rate and quick receipt of funds. FinTech is developing and expanding, thus the number of lenders increases and the borrowers have a wide choice.

Business

The Shop Local Network is excited to announce Kabelin Ace Hardware in LaPorte Indiana as a new Shop Local Mission Partner

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Kabelin Ace Hardware, located at 512 Andrew Avenue in LaPorte, is a family owned and operated hardware store chain.

LaPorte, Indiana, July 03, 2018 – Kabelin Ace Hardware, located at 512 Andrew Avenue in LaPorte, is a family owned and operated hardware store chain. Nick Bello, President of The Shop Local Network stated, “We are excited to team up with such an amazing organization. Kabelin Ace has given back so much to the communities that they serve.”

The company has been a part of the Kabelin family since 1912. Now, the 4th generation is proud to be a part of this long legacy. With 7 stores throughout Northern Indiana, Kabelin Ace has become a staple in the communities they serve.

Kabelin’s has a variety of departments and products to convenience their customers. They have paint, lawn and garden, electrical, tools, hardware, plumbing, home and gifts, automotive, commercial, grills and a rental department for all your needs. They also offer Ace Rewards, Ace rebates, and instant savings.

“I have been a frequent customer at Kabelin’s for 40 years. Their customer service is the best! Trained staff are always easy to find to help you locate the product you need. I always know that they will have what I need because their selection of merchandise is great. I am also impressed that many of their employees have been with them for many years and that many of them know me by name. They really care about their customers!” Ann S.

So, are you ready to find the perfect place for all your hardware needs? Kabelin’s is the place for you! Stop in today to see their selection. You can visit their website or give them a call for their hours or more information.

(219) 872-5431

https://www.kabelinacehardware.com/

Contact:

Nick Bello

The Shop Local Network

LaPorte, Indiana

1-800-501-2632

support@TheShopLocalNetwork.com

http://www.TheShopLocalNetwork.com

Business

The Shop Local Network welcomes Valparaiso Vacuum Company in Valparaiso, Indiana as a new Shop Local Mission Partner

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Valparaiso Vacuum, located at 552 West Lincolnway in Valparaiso, is the perfect place to go to find the items for your cleaning and repair needs.

Valparaiso, Indiana, July 03, 2018 – Valparaiso Vacuum, located at 552 West Lincolnway in Valparaiso, is the perfect place to go to find the items for your cleaning and repair needs. Nick Bello, President of The Shop Local Network stated, “Today, when vacuums are working right, we think we need to get a new one. At Valparaiso Vacuum Company, they can often repair them for a fraction of the cost and save you a lot of money! Stop in their before even thinking of buying a new vacuum.”

Valpo Vacuum has been serving customers in and around Valpo since 2009. While they are an authorized dealer for Miele and Riccar vacuums, they sell many different types of vacuums, so you’re sure to find something that fits your cleaning needs. Their knowledgeable staff is also capable of maintaining and repairing most of the brands used in homes and businesses today. They maintain a thorough understanding of their products so that they’ll be better able to assist you choosing the vacuum that’s right for your home or business cleaning needs. As a local business, they take pride in supporting their community. They’re also a Chamber of Commerce member with a solid record of customer satisfaction.

Valparaiso Vacuum Company is your one-stop shop for your vacuum cleaner needs. Regardless of what brings you to their shop, they will thoroughly answer your questions, go over your product or service options, check to see if any warranties are still valid to further increase your savings and do their best to find a solution that works within your budget.

They don’t only sell vacuums, they will repair your old ones and get them into great shape no matter what brand or model.Your vacuum should not be a disposable appliance.

“I would recommend Valparaiso Vacuum to anyone that needs to have a vacuum repaired. I have been there several times and have always been treated courteously and honestly. I needed a belt for my vacuum and it was replaced for only the cost of the belt.” Kathy E. said.

So, are you ready to live a cleaner life? Stop in to Valparaiso Vacuum today and see what is the best fit for you. You can call or go to their website for their hours or more information.

(219) 707-5162

http://www.valpovacuum.net/

Contact:

Nick Bello

The Shop Local Network

LaPorte, Indiana

1-800-501-2632

support@TheShopLocalNetwork.com

http://www.TheShopLocalNetwork.com

Business

The Shop Local Network is proud to welcome Kusiak Construction in Highland, Indiana as a new Shop Local Mission Partner

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Kusiak Construction, located at 8338 Kennedy Avenue in Highland, Indiana, is a family owned and operated business that serves all of Northwest Indiana.

Highland, Indiana, July 03, 2018 – Kusiak Construction, located at 8338 Kennedy Avenue in Highland, Indiana, is a family owned and operated business that serves all of Northwest Indiana. Nick Bello, President of The Shop Local Network stated, “Kusiak Construction has been a trusted name in Northwest Indiana for years. They truly are exterior experts!”

There is no construction project too big or small for Kusiak Construction! With over 50 years of construction experience, you can be assured that your construction/remodeling project will be completed to your satisfaction. With their 7 year labor guarantee and good standing with the BBB, you can rest easy knowing your construction project will run smoothly! Kusiak Construction is a full service Residential Construction and Remodeling service. Contact them today to schedule a free estimate or inspection for your construction project.

The services they provide are residential construction, free estimates, windows, roofing, siding, gutters, general remodeling, decks, and soffit/Fascia.

“I used this company twice last year to make repairs to my roof. The staff that I dealt with, both over the phone and the ones that arrived to do the repairs were all polite and professional. The repairs were completed quickly without an issues. The price was very fair. I would definitely recommend this company,” Cindy R. said.

So are you ready to get the construction done that you’ve been wanting? Kusiak is the place for you! Stop in today to see how they can help you. You can give them a call or visit their website for their hours or more information.

(219) 228-4918

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Contact:

Nick Bello

The Shop Local Network

LaPorte, Indiana

1-800-501-2632

support@TheShopLocalNetwork.com

http://www.TheShopLocalNetwork.com

Education

Hola Publishing Expands in the Mexican Market, Calling for New Voices to Share their Stories

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Hola Publishing International offers authors publishing and printing services with global distribution.

San Antonio, TX, USA, July 2, 2018 — New publishing and print options for authors are now available in the Mexican market. Hola Publishing International offers authors publishing and printing services with global distribution. The growth of this affordable publishing option has been limited in the Mexico market because printers only offer their services directly to traditional publishers.

With already established digital printing facilities in the United States, United Kingdom, China, India, and Germany, to name a few, Halo Publishing International has recently expanded their Spanish Language Imprint, Hola Publishing, in the Mexican market.

By offering POD (Print on Demand) services, which are a rarity in Mexico, Hola’s goal is to encourage more writers to publish their stories. Authors and organizations no longer face the barrier of having to order 2,000 books. They can place smaller orders ranging from 25 to 1,000 books and receive global distribution to sell their books around the world.

Publisher and CEO, Lisa M. Umina comments, “Our company is set up to work with small self-published authors as well as corporations, embassies, government, non-profits, and universities. Our Mexican authors have been successful;for example, we published the story of Luchandopor mi vida, mi historiaby Clarita Sierra who has been recognized and become a national speaker in schools around Mexico with her best-selling memoir about her son struggling with addiction.”

Cecilia Sotres, Hola’s publishing consultant, adds, “We saw a gap in the Mexican digital print market, and we are so excited to bring new opportunities to Mexico to publish previously unheard voices from throughout the country.”

According to Sotres, “We are at the cutting edge of this industry. We provide global digital distribution for all our books in paperback, hardcover, and e-book. Our authors retain 100% rights to their books.”

Hola Publishing has found a way to reduce barriers to the high costs associated with shipping to Mexico from the United States, and they are proud to offer a product that is produced entirely in Mexico. By streamlining this process, they have been able to reduce turnaround time to 60 days in print while maintaining an extremely high quality finished product.

“The direction we are taking is to collaborate with the corporate world and working with large educational institutes. Printers here in Mexico have open arms about partnering with us to give our customer’s the best pricing and product,” says Umina.

For more information about Hola Publishing, please visit www.holapublishing.com or call 55-5250-8519.

Press & Media Contact:
Lisa Michelle Umina, Publisher
Halo Publishing International
1100 NW Loop 410, Suite 700-176,
San Antonio, TX 78213 – USA
+1 877-705-9647
contact@halopublishing.com

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