Tag Archives: Cash

Debt isn’t ‘cleared’ if an offer of payment in cash is refused

March 25, 2024 Web Shared Hosting News 0

A widely shared Facebook post claims that a debt will be written off if legal tender—cash—is offered but refused. However, this isn’t the case.

The post, which has been shared over 500 times, says: “Did you know? If you offer legal tender to clear a debt and it is refused, the debt is cleared from that moment. 

“So if you go into a petrol station and fill up with £100 and offer to pay with legal tender and they refuse it, they are clearing the debt and you now owe nothing.”

However, there is no obligation on businesses to accept cash payments. Legal tender has a narrow definition, meaning that you cannot be sued for non-payment if you pay ‘into court’ in legal tender. This does not apply to normal transactions. 

Honesty in public debate matters

You…


Source link

Roscommon hosting Northern and Regional Assembly today as local authorities told about missing out on significant EU cash

October 26, 2023 Dedicated Hosting News 0

Midlands-Northwest MEP Colm Markey says dedicated EU funding officers for each county council are necessary

Midlands-Northwest MEP, Colm Markey.

Sligo Champion

Local authorities could be missing out on significant amounts of EU cash according to local MEP Colm Markey. He was speaking ahead of an address to the Northern and Western Regional Assembly in Co. Roscommon today.

The Midlands-North-West MEP said a dedicated EU funding officer within each County Council would help facilitate access to crucial funding.

He commented, “Substantial EU funding is available to support both community groups and local authorities, however a lack of expertise means many counties are missing out. Having a dedicated EU funding officer could be of particular benefit to counties in the northern…


Source link

Withdraw Cash From ATM Without Any Debit Card: UPI-ATM Changes Everything! (Check Video..) – Trak.in

September 9, 2023 Web Shared Hosting News 0

Anand Mahindra shared a video of a unique ATM that works via UPI apps.

This ATM was unveiled at the recently held Global Fintech Fest in Mumbai.

Withdraw Cash From ATM Without Any Debit Card: UPI-ATM Changes Everything! (Check Video..)

Swift progress in digitisation

The Chairman of Mahindra Group wrote, “His UPI ATM was unveiled at the Global Fintech Fest 2023 in Mumbai on September 5. The speed at which India is digitising financial services & making them consumer-centric as opposed to corporate-centric (Alarm bell for credit card companies?) is simply dazzling. (I just have to make SURE I don’t misplace my cellphone!”.

Praveena Rai, chief operating officer of NPCI, said UPI-ATMs will help re-imagine ATMs and the ATM experience, cost, location, and reach.

White Label ATM

Hitachi Payment Services introduced the country’s first-ever UPI-ATM as a White Label ATM…


Source link

1 in 3 Homebuyers Paying All Cash: Report – MSN

June 7, 2023 Web Shared Hosting News 0

As mortgage rates tick upwards again and competition heats up, the share of homebuyers paying all cash has risen to its highest level in nearly a decade.

What the data says

A new report from Redfin finds that 33.4% of buyers paid cash for their homes in April, meaning that they did not borrow money to buy the house, compared with 30.7% during the same month last year. April’s reading is comparable with the 33.5% reading in February — the highest share of all-cash purchases in nine years.

The real estate brokerage analyzed data from the 40 largest cities in the United States from 2011 through April 2023. It considered a home purchase to be “all cash” if there was no mortgage information on the deed for the property.

Why it matters

Redfin’s analysis attributes the uptick to…


Source link

Finance Grads Help Users Earn Cash, Gift Cards While Shopping Their Favorite Brands

September 13, 2022 Web Shared Hosting News 0



It’s early 2020. The world is under lockdown. Like most college students everywhere, Cal State Fullerton finance undergrads Dylan Bertalli ’22 and Josh Paktan ’22 are studying from home, with idle time and little money.

“Since I was working an unpaid internship with Titan Capital Management and had recently moved back home, I had no money to keep buying to adjust for the losses incurred in the stock market crash,” recalls Bertalli. “This led me to look for ways to make money online so I could keep adding to my trading account of stocks and cryptocurrencies. I discovered there were not many trustworthy websites where users could earn significant money and no websites where users can earn cryptocurrency. So, I bought the name…


Source link