Female Empowerment by giving low-interest rate loan
Low-Interest rate loans are for women to fulfill their needs to be independent. Any nation’s economic progress depends on empowering women in the workforce. Numerous financial programs have been launched by the Indian government and various banking institutions in the nation to support female entrepreneurs in achieving their professional objectives by providing instant personal loans. Any firm, whether it operates on a small, medium, or big scale, must have adequate operating cash to succeed an instant loan can help.
Women are frequently deterred from starting businesses by a lack of finance, despite having superior business abilities and the capacity to manage a profitable company. As a result, the Indian government has created several financial programs to provide our women with the necessary financial support, including personal loans for low CIBIL scores. These programs and financing alternatives are available for both starting a new business and growing an existing one.
These instant personal loan applications provide several advantages, including cheap interest rates, no paperwork, no need for collateral, and longer repayment terms. Personal loans without documents are created to make it easier for women to become economically and financially independent.
Features of low-rate personal loan for women
Borrow from the trusted financial institutes in the industry
Fintech apps, banks, and financial institutions are widely trusted in India. They provide affordable instant personal loans at low-interest rates and repayment periods in addition to the unrivaled services of the instant loan apps.
Get attractive interest rates
You receive the required terms regarding interest rates, whether you take out instant cash online for working women or stay-at-home moms. They provide all of our customers with some of the lowest ROIs in the sector.
No pre-payment fee
Being able to pay off your loan early is fantastic! Because Lenditt recognizes this, we don’t impose penalties on an early instant personal loan repayment. You can now choose a women’s personal loan and repay it on time or early without paying additional fees.
Pay a minimal processing fee
In addition to the GST of the entire loaned amount, there is a small processing fee. Rest assured that you will be aware of the final loan processing charge before signing the loan agreement with an instant personal loan application.
Borrow without pledging a collateral
There are no assurances needed when applying for a loan for women. You don’t need to provide any collateral to us. They will look at your CIBIL score as they validate your loan application as it is hard to get a personal loan without CIBIL.
Flexible repayment tenures
You can benefit from a low-interest rate loan payback term of up to one year with us. You can pay less each month by doing this. It’s a fantastic approach to keeping up the standard of your lifestyle and saving your savings.
Enjoy an overdraft facility
The initial months of an instant loan repayment may prove to be somewhat expensive. But not here! Lenditt offers an overdraft facility whether you apply for a loan as working or a housewife. In this case, you must pay the loan’s interest over two years. Then, you might choose to refund the entire amount (principal plus interest) over the following year.
Quick disbursal of funds
The method for allocating funds is relatively swift. The money from your instant cash online application will be in your bank account within a few business hours after our specialists accept your loan.
Eligibility criteria for Personal Loan for Women?
Contrary to popular belief, Lenditt offers lenient eligibility requirements for instant personal loans when providing loans to women. Check to see if you satisfy the primary qualifying requirements, then submit an application.
You must fulfill the requirements outlined below to apply for a Lenditt women’s loan:
It would be best if you were between the ages of 22 and 58.
A proven monthly income of at least Rs. 25,000 is required.
It would be best if you had worked for at least a year.
A homemaker can apply for a personal loan with a co-applicant even if these requirements match the co-applicant. The co-applicant must also meet the criteria for eligibility indicated above.
Documents required for low-interest rate loan
At Lenditt, we want the bare minimum documentation for verification purposes, such as evidence of your income, photo identification, and address.
Documents required for salaried women
Recent bank statements
Salary slips
Employment certificate
Photo identity proof
Address proof
Documents required for self-employed women
Address proof
Photo identity proof
Income proof
Apply online for a low-interest rate loan at Lenditt’s website or download the app. Please complete the online form, upload copies of the necessary documents, and then click the submit button. Within 24 hours, you will receive the personal loan.
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Leveraged buyouts are not like mortgages
I'm coming to DEFCON! On FRIDAY (Aug 9), I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On SATURDAY (Aug 10), I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).
Here's an open secret: the confusing jargon of finance is not the product of some inherent complexity that requires a whole new vocabulary. Rather, finance-talk is all obfuscation, because if we called finance tactics by their plain-language names, it would be obvious that the sector exists to defraud the public and loot the real economy.
Take "leveraged buyout," a polite name for stealing a whole goddamned company:
Identify a company that owns valuable assets that are required for its continued operation, such as the real-estate occupied by its outlets, or even its lines of credit with suppliers;
Approach lenders (usually banks) and ask for money to buy the company, offering the company itself (which you don't own!) as collateral on the loan;
Offer some of those loaned funds to shareholders of the company and convince a key block of those shareholders (for example, executives with large stock grants, or speculators who've acquired large positions in the company, or people who've inherited shares from early investors but are disengaged from the operation of the firm) to demand that the company be sold to the looters;
Call a vote on selling the company at the promised price, counting on the fact that many investors will not participate in that vote (for example, the big index funds like Vanguard almost never vote on motions like this), which means that a minority of shareholders can force the sale;
Once you own the company, start to strip-mine its assets: sell its real-estate, start stiffing suppliers, fire masses of workers, all in the name of "repaying the debts" that you took on to buy the company.
This process has its own euphemistic jargon, for example, "rightsizing" for layoffs, or "introducing efficiencies" for stiffing suppliers or selling key assets and leasing them back. The looters – usually organized as private equity funds or hedge funds – will extract all the liquid capital – and give it to themselves as a "special dividend." Increasingly, there's also a "divi recap," which is a euphemism for borrowing even more money backed by the company's assets and then handing it to the private equity fund:
https://pluralistic.net/2020/09/17/divi-recaps/#graebers-ghost
If you're a Sopranos fan, this will all sound familiar, because when the (comparatively honest) mafia does this to a business, it's called a "bust-out":
https://en.wikipedia.org/wiki/Bust_Out
The mafia destroys businesses on a onesy-twosey, retail scale; but private equity and hedge funds do their plunder wholesale.
It's how they killed Red Lobster:
https://pluralistic.net/2024/05/23/spineless/#invertebrates
And it's what they did to hospitals:
https://pluralistic.net/2024/02/28/5000-bats/#charnel-house
It's what happened to nursing homes, Armark, private prisons, funeral homes, pet groomers, nursing homes, Toys R Us, The Olive Garden and Pet Smart:
https://pluralistic.net/2023/06/02/plunderers/#farben
It's what happened to the housing co-ops of Cooper Village, Texas energy giant TXU, Old Country Buffet, Harrah's and Caesar's:
https://pluralistic.net/2021/05/14/billionaire-class-solidarity/#club-deals
And it's what's slated to happen to 2.9m Boomer-owned US businesses employing 32m people, whose owners are nearing retirement:
https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken
Now, you can't demolish that much of the US productive economy without attracting some negative attention, so the looter spin-machine has perfected some talking points to hand-wave away the criticism that borrowing money using something you don't own as collateral in order to buy it and wreck it is obviously a dishonest (and potentially criminal) destructive practice.
The most common one is that borrowing money against an asset you don't own is just like getting a mortgage. This is such a badly flawed analogy that it is really a testament to the efficacy of the baffle-em-with-bullshit gambit to convince us all that we're too stupid to understand how finance works.
Sure: if I put an offer on your house, I will go to my credit union and ask the for a mortgage that uses your house as collateral. But the difference here is that you own your house, and the only way I can buy it – the only way I can actually get that mortgage – is if you agree to sell it to me.
Owner-occupied homes typically have uncomplicated ownership structures. Typically, they're owned by an individual or a couple. Sometimes they're the property of an estate that's divided up among multiple heirs, whose relationship is mediated by a will and a probate court. Title can be contested through a divorce, where disputes are settled by a divorce court. At the outer edge of complexity, you get things like polycules or lifelong roommates who've formed an LLC s they can own a house among several parties, but the LLC will have bylaws, and typically all those co-owners will be fully engaged in any sale process.
Leveraged buyouts don't target companies with simple ownership structures. They depend on firms whose equity is split among many parties, some of whom will be utterly disengaged from the firm's daily operations – say, the kids of an early employee who got a big stock grant but left before the company grew up. The looter needs to convince a few of these "owners" to force a vote on the acquisition, and then rely on the idea that many of the other shareholders will simply abstain from a vote. Asset managers are ubiquitous absentee owners who own large stakes in literally every major firm in the economy. The big funds – Vanguard, Blackrock, State Street – "buy the whole market" (a big share in every top-capitalized firm on a given stock exchange) and then seek to deliver returns equal to the overall performance of the market. If the market goes up by 5%, the index funds need to grow by 5%. If the market goes down by 5%, then so do those funds. The managers of those funds are trying to match the performance of the market, not improve on it (by voting on corporate governance decisions, say), or to beat it (by only buying stocks of companies they judge to be good bets):
https://pluralistic.net/2022/03/17/shareholder-socialism/#asset-manager-capitalism
Your family home is nothing like one of these companies. It doesn't have a bunch of minority shareholders who can force a vote, or a large block of disengaged "owners" who won't show up when that vote is called. There isn't a class of senior managers – Chief Kitchen Officer! – who have been granted large blocks of options that let them have a say in whether you will become homeless.
Now, there are homes that fit this description, and they're a fucking disaster. These are the "heirs property" homes, generally owned by the Black descendants of enslaved people who were given the proverbial 40 acres and a mule. Many prosperous majority Black settlements in the American South are composed of these kinds of lots.
Given the historical context – illiterate ex-slaves getting property as reparations or as reward for fighting with the Union Army – the titles for these lands are often muddy, with informal transfers from parents to kids sorted out with handshakes and not memorialized by hiring lawyers to update the deeds. This has created an irresistible opportunity for a certain kind of scammer, who will pull the deeds, hire genealogists to map the family trees of the original owners, and locate distant descendants with homeopathically small claims on the property. These descendants don't even know they own these claims, don't even know about these ancestors, and when they're offered a few thousand bucks for their claim, they naturally take it.
Now, armed with a claim on the property, the heirs property scammers force an auction of it, keeping the process under wraps until the last instant. If they're really lucky, they're the only bidder and they can buy the entire property for pennies on the dollar and then evict the family that has lived on it since Reconstruction. Sometimes, the family will get wind of the scam and show up to bid against the scammer, but the scammer has deep capital reserves and can easily win the auction, with the same result:
https://www.propublica.org/series/dispossessed
A similar outrage has been playing out for years in Hawai'i, where indigenous familial claims on ancestral lands have been diffused through descendants who don't even know they're co-owner of a place where their distant cousins have lived since pre-colonial times. These descendants are offered small sums to part with their stakes, which allows the speculator to force a sale and kick the indigenous Hawai'ians off their family lands so they can be turned into condos or hotels. Mark Zuckerberg used this "quiet title and partition" scam to dispossess hundreds of Hawai'ian families:
https://archive.is/g1YZ4
Heirs property and quiet title and partition are a much better analogy to a leveraged buyout than a mortgage is, because they're ways of stealing something valuable from people who depend on it and maintain it, and smashing it and selling it off.
Strip away all the jargon, and private equity is just another scam, albeit one with pretensions to respectability. Its practitioners are ripoff artists. You know the notorious "carried interest loophole" that politicians periodically discover and decry? "Carried interest" has nothing to do with the interest on a loan. The "carried interest" rule dates back to 16th century sea-captains, and it refers to the "interest" they had in the cargo they "carried":
https://pluralistic.net/2021/04/29/writers-must-be-paid/#carried-interest
Private equity managers are like sea captains in exactly the same way that leveraged buyouts are like mortgages: not at all.
And it's not like private equity is good to its investors: scams like "continuation funds" allow PE looters to steal all the money they made from strip mining valuable companies, so they show no profits on paper when it comes time to pay their investors:
https://pluralistic.net/2023/07/20/continuation-fraud/#buyout-groups
Those investors are just as bamboozled as we are, which is why they keep giving more money to PE funds. Today, the "dry powder" (uninvested money) that PE holds has reached an all-time record high of $2.62 trillion – money from pension funds and rich people and sovereign wealth funds, stockpiled in anticipation of buying and destroying even more profitable, productive, useful businesses:
https://www.institutionalinvestor.com/article/2di1vzgjcmzovkcea8f0g/portfolio/private-equitys-dry-powder-mountain-reaches-record-height
The practices of PE are crooked as hell, and it's only the fact that they use euphemisms and deceptive analogies to home mortgages that keeps them from being shut down. The more we strip away the bullshit, the faster we'll be able to kill this cancer, and the more of the real economy we'll be able to preserve.
If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2024/08/05/rugged-individuals/#misleading-by-analogy
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Real Reasons why Gaddafi was killed
1. Libya had no electricity bills, electricity came free of charge to all citizens.
2. There were no interest rates on loans, the banks were state-owned, the loan of citizens by law 0%.
3. Gaddafi promised not to buy a house for his parents until everyone in Libya owns a home.
4. All newlywed couples in Libya received 60,000 dinars from the government & because of that they bought their own apartments & started their families.
5. Education & medical treatment in Libya are free. Before Gaddafi there were only 25% readers, 83% during his reign
6. If Libyans wanted to live on a farm, they received free household appliances, seeds and livestock.
7. If they cannot receive treatment in Libya, the state would fund them $2300+ accommodation & travel for treatment abroad.
8. If you bought a car, the government finances 50% of the price.
9. The price of gasoline became $ 0.14 per liter.
10. Libya had no external debt, and reserves were $150 Billion (now frozen worldwide)
11. Since some Libyans can't find jobs after school, the government will pay the average salary when they can't find a job.
12. Part of oil sales in Libya are directly linked to the bank accounts of all citizens.
13. The mother who gave birth to the child will receive $5000
14. 40 loaves of bread cost $0.15.
15. Gaddafi has implemented the world's biggest irrigation project known as the "BIG MAN PROJECT" to ensure water availability in the desert.
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