Category Archives: Financial Industry

The Past and Future of GreenSky

Online Lending

GreenSky is an online lending company that is based in Atlanta, Georgia. The company was founded in 2006, and it has enjoyed tremendous success so far. Many customers enjoy working with the company for various reasons. Not only does GreenSky offer excellent customer service, but the company also has multiple lending programs that customers appreciate.

Online lending is a developing area of the banking industry. Numerous customers enjoy the convenience of online loans. Not only is online banking faster, but it is also easier to manage for most people.

Surviving the Financial Crisis

The financial crisis in 2008 happened just a few years after GreenSky was founded. The GreenSky credit program remained solvent for multiple reasons. The company invested a lot of resources to make sure customers borrowing money could pay it back.

The GreenSky credit programs also had more demanding requirements than other online lending programs. While many online banks went bankrupt during the financial crisis, GreenSky grew every year. The company did make some changes to the GreenSky credit program to reduce financial risks after the crisis.

Housing Upgrades

With the strong housing market across the country, many people have interest in utilizing home equity to make various improvements. One of the biggest reasons that customers use the GreenSky credit program is to make home improvements.

Making a substantial home improvement is expensive. Not only have material prices increased, but paying for labor is costly as well. Most people underestimate the amount of money a significant home repair will require. The people who work at GreenSky have years of experience helping customers through this process.

Although the company is relatively new to the industry, the GreenSky credit program has overwhelmingly positive reviews from customers. Anyone who needs a convenient way to borrow money should consider working with this company.

 

https://www.indeed.com/q-Greensky-Credit-jobs.html

Let’s Talk About Freedom Checks: A Comprehensive Guide

If you are here, you have probably seen the viral video Matt Badiali put up about “Freedom Checks”. In the video, he makes great claims about the return on investment that these Freedom Checks have. Well, it’s time to dissect exactly what a Freedom Check is, and how we can use it to our advantage as investors.

First of all, Freedom Check is just a fancy word for Master Limited Partnerships (MLPs). Of course, Badiali is making recommendations of specific MLPs, but for now, let’s just go over MLPs as a whole. Read this article at Affiliate Dork.

MLPs are companies that operate under Congress’s statute 26-F. MLPs are companies that are run tax-free under the condition that they pay a minimum of 90% of their profits to shareholders. These profits come in checks—similar to traditional stock purchases—that come out quarterly (or rarely monthly). The main difference between MLPs and traditional stock is in the way that they are taxed. Investors aren’t taxed on income, rather capital, when they invest in MLPs which gives them a massive tax break.

MLPs are just as easy to invest in as stock. You don’t have to be rich, some start at as little as $10 a share. One little-known fact? They are great retirement investments. They typically pay out higher than CDs or Social Security and often more than 401(k)s or Roth IRAs. Keep that in mind. Learn more about Freedom Checks at Release Fact.

There are currently some 560 + companies that operate as MLPs. Almost all of them—with some exceptions—work in the oil and gas industry. Badiali predicts that these 560 + companies will pay out $34.6 billion over the next 12 months. Honestly, he’s not far off. Since MLPs operate in the oil and gas industry, they share fluctuations with the companies. Currently, America is starting to rely less on imported oil from the Middle East and rely more on domestic oil reserves. This should see MLPs raise in valuation over the coming years.

So, sure, Matt Badiali was hyping MLPs up heavily. But, he isn’t necessarily wrong. Matt has over 20 years of experience investing in natural resources and his newsletter alone has over 100,000 subscribers. My guess? Matt Badiali is correct, MLPs are on the rise. Coining them Freedom Checks isn’t necessarily a bad thing. It just allows him to put his own spin on the investment advice and there isn’t anything wrong with that. Keep an eye out for attractive MLPs. If you want to know which specific MLPs Matt recommends, you will have to subscribe to his newsletter.

Check: https://kennedyaccounts.com/about-freedom-checks/