Tag: Payday

  • Lawmakers consider bill to increase payday loan borrowing limits in Indiana

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    INDIANAPOLIS — Indiana lawmakers are reviewing a bill that would allow Hoosiers to borrow more money through payday loans and other nontraditional financial establishments. Those loans would have higher interest rates and additional fees.

    For individuals facing financial strain and in need of immediate cash, payday loans can often appear to be the only solution.

    Currently, there is a cap of $825 on how much borrowers can access from payday lenders that comes with a minimum of a two-week repayment period. You can read the current statute by clicking here.

    The proposed legislation would permit lenders to participate in “supervised loans.”

    “There is really no product in Indiana that’s regulated in the middle for subprime borrowers,” said Rep. Jake Teshka (R-North Liberty), the author of the bill.

    If passed, the billwould enable non-depository lenders — those that do not offer checking or savings accounts — to provide loans up to $25,000. Additionally, it would increase the maximum interest rate for loans from 25% to 36%.

    “At 25 percent there are certain borrowers that these companies cannot underwrite, so there are certain loans that go unmade,” Teshka added.

    The bill would also allow lenders to impose monthly service fees on top of the interest already charged. The breakdown of how those fees would work can be seen below.

    • Principal Amount Up to $2,500: Lenders can charge a monthly service fee of up to 8% of the original principal amount.
    • Principal Amount Between $2,501 and $4,000: The monthly service fee can be up to 6% of the original principal amount.
    • Principal Amount Between $4,001 and $5,000: For this range, the monthly service fee can be up to 5% of the original principal amount.
    • Loans must be between $5,000 and $25,000 and have a minimum term of 6 months.
    • Lenders may charge specific monthly service fees based on the principal amount.
    • They need to comply with limits on loan finance charges, which could not exceed 36% per year on unpaid balances, depending on the amount.

    Bryce Gustafson, a former payday loan user, recounted his own experience with a payday loan.
    “I didn’t really look at the bottom line or the fine details… that’s on me, but I had to kind of dig myself out of that situation and ask my folks to help me out. I think I was 20 years old at the time,” he said.

    Gustafson expressed concern that increasing loan amounts and adding service fees could further burden lower-income Hoosiers.

    “If traditional banks aren’t going to provide them the ability to get loans, then they are almost forced to this,” he said.

    The Indiana Community Action Poverty Institute shares Gustafson’s concerns.

    Lawmakers consider higher payday loans

    “This idea that it’s there to help make really expensive loans to struggling borrowers… that doesn’t make any sense at all,” said Erin Macey, the institute’s director.

    Despite the critiques, Teshka argues that there currently are no viable alternatives for borrowers with poor credit and low incomes.

    “I would love for there to be another solution, right? But currently there just isn’t one, and there is this huge gap in the marketplace,” he said.

    Teshka mentioned that lawmakers are considering additional amendments as the legislation awaits a committee vote.



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    Lawmakers in Indiana are currently considering a bill that would increase the borrowing limits for payday loans in the state. Payday loans are short-term, high-interest loans that are typically used by individuals who are in need of quick cash.

    The proposed bill would increase the maximum amount that individuals can borrow from a payday lender from $605 to $1,000. Proponents of the bill argue that increasing the borrowing limits would provide consumers with more access to credit and financial flexibility.

    However, opponents of the bill argue that raising the borrowing limits for payday loans could lead to greater financial hardship for borrowers, as the high interest rates associated with these loans can trap individuals in a cycle of debt.

    Lawmakers are currently weighing the potential benefits and drawbacks of increasing payday loan borrowing limits in Indiana, and the bill is expected to be a topic of debate in the coming weeks. Stay tuned for updates on this developing story.

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    #Lawmakers #bill #increase #payday #loan #borrowing #limits #Indiana

  • Why Jim Knowles walked: Philosophical clash at Ohio State leads to fresh start, historic payday at Penn State

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    Jim Knowles’ defense is not static and is certainly malleable to suggestions, but even a veteran coach has a breaking point with directives. 

    The coordinator reached his limit after three years at Ohio State, where he successfully revamped and revitalized a struggling unit into a championship caliber group in short order — but not without interference and pressures from head coach Ryan Day, who inserted himself in defensive meetings more often this season and asked for changes to be made midway through the season, sources told CBS Sports. Last week, their short marriage ended with Knowles bolting for rival Penn State. A bigger payday and more autonomy to run his scheme awaits him in State College, where he will be introduced Tuesday in a press conference. 

    Chip Kelly leaves Ohio State for Raiders: Buckeyes facing significant staff overhaul after national title win

    Will Backus

    Chip Kelly leaves Ohio State for Raiders: Buckeyes facing significant staff overhaul after national title win

    The departure was not a surprise for Ohio State staffers. Knowles also fielded discussions with Oklahoma and Notre Dame, and rumors of a departure for the Sooners hit a fever pitch as the Buckeyes prepared for the national championship game against the Irish. It never distracted Ohio State, particularly because Knowles, lovingly referred to as a hermit with a coach’s whistle, never relented from his habits: locking himself in his office, studying opponents’ film and developing concise game plans before emerging from behind closed doors with a plan that always seemed to wow his players.

    “I always called him Batman,” Buckeyes defensive end J.T. Tuimoloau said before Ohio State’s win against the Irish in the national championship. “He is in his cave, and he comes out and you never know what he has in store, but you’ve got to get to know him. Once you get to know him, that’s one guy you’ll have on your side. To be able to play for him as a DC, it’s a blessing.”

    The Buckeyes won the national championship and Knowles polished the “Silver Bullets” into the nation’s best defense (12.9 points per game), but did so rebuilding the unit over three years with the understanding that mixing his three-man front schemes would never be a hallmark in Columbus, sources told CBS Sports. The crux was longtime defensive line coach Larry Johnson, whose four-man front philosophies are ingrained in the Buckeyes’ culture. It was Knowles, not the Buckeyes, who had to adjust philosophically. That didn’t necessarily eliminate Knowles’ three-man looks and mixing coverages, but his love of utilizing a “Jack” hybrid on and off the line was never the touchstone it was previously at Oklahoma State and Duke.

    Meanwhile, Day’s appearances in the defensive meeting room increased after the Buckeyes’ 32-31 loss at Oregon in Week 7. They allowed nearly 500 yards of offense, including 341 yards passing, as superstars like cornerback Denzel Burke struggled in coverage. 

    It’s not unusual for a head coach to take an added interest in a particular unit after a loss, but what made this development more personal and political was Day’s background as an offensive coordinator. As Day left mentor Chip Kelly on his own to develop game plans and call games, it was the veteran defensive coordinator who instead had to deal with his boss breathing down his neck.

    That didn’t mix well with Knowles’ lone ranger attitude. The Cornell graduate, who also got his coaching start in the Ivy League, is not your typical play-caller. He enjoys cigars and sushi, and is quite the reflective intellectual.

    “He’s smart, and he just so happens to like football,” an Ohio State source said. “He’s a guy you could see being a curator of art or maybe a professor discussing World War II history.”

    Still, Knowles and Day worked well together. The defense allowed only 9.7 points per game for the remainder of the regular season, including the 13-10 loss to Michigan in the finale, before the offense exploded in the playoffs with double-digit wins in all four rounds, including the 34-23 capper against Notre Dame for the national title.  

    “When he was at Oklahoma State, they didn’t have four down D-linemen, and then certainly no depth behind it,” Day said of Knowles in late October. “So, he had to be creative about what he was doing there. Decision was made a long time ago that we have the D-linemen here at Ohio State that can play with four down linemen.”

    Shortly after the national championship game on Jan. 20, Knowles, 59, began fielding phone calls from suitors, sources told CBS Sports. The flirtations led to counter offers from Ohio State, and though their pitches were in the same pay-day ranges discussed with Oklahoma and Penn State, there was a caveat: if you don’t commit now to the Buckeyes, you will be barred from the team’s championship celebration inside Ohio Stadium on Jan. 26. At that point, negotiations broke down and Knowles, who already had one foot out the door, made up his mind, and subsequently agreed to join Penn State. Not long after Day told 30,000 fans celebrating inside Ohio Stadium that Knowles was “the defensive coordinator of the best defense in the country,” the play-caller wrapped up a deal with the Nittany Lions. Penn State announced Knowles as DC less than 24 hours later.

    Penn State poaching Jim Knowles sends clear message: James Franklin, Nittany Lions ready to take next step

    Tom Fornelli

    Penn State poaching Jim Knowles sends clear message: James Franklin, Nittany Lions ready to take next step

    Interestingly, Knowles leaves Ohio State for a similar ready-made situation to win a title that he had with the Buckeyes a year ago. It was in late January 2024, shortly after Ross Bjork was hired as Ohio State’s athletics director, that the school committed to go full speed with a $20 million NIL treasure chest, and attacked the transfer portal with relentlessness, effectively transforming a championship-worthy roster into unquestionably the most talented team in the sport.

    MORE: What Bucknuts247 heard about Knowles’ departure from Ohio State

    Penn State has money to spend, and isn’t afraid to show it. They made Knowles the highest-paid assistant coach in college football with a deal averaging $3.1 million, with a bonus structure that could push that annual total over $4 million, according to CBS Sports sources. Head coach James Franklin has received three contract extensions and raises since last winning a Big Ten title in 2016, and is paid an average of $8.5 million annually, according to a 10-year deal he signed in November 2021.

    Penn State’s total revenue jumped nearly $18 million to a record $220.8 million in its most recent annual fiscal report released last month. Where that stands nationally is not entirely clear as the NCAA releases financial reports this month, but it’s behind goliaths Texas ($331.9 million) and Ohio State ($254.9 million),  according to documents obtained by USA TODAY last week. Penn State has usually ranked third in the Big Ten in operating revenue behind the Buckeyes and Michigan.

    How Penn State plans to attack the spring portal window remains to be seen, but it stands to return one of the nation’s more talented rosters. The Nittany Lions lose future first-round pass rusher Abdul Carter but returns a plethora of stars, including Dani Dennis-Sutton, who accounted for 8.5 sacks last season. The offense is loaded, again, with running backs Kaytron Allen and Nick Singleton returning, too. 

    Ohio State defensive coordinator Jim Knowles hopes to light victory cigar, add CFP title to lengthy resume

    Brandon Marcello

    Ohio State defensive coordinator Jim Knowles hopes to light victory cigar, add CFP title to lengthy resume

    Meanwhile, Ohio State loses eight starters on defense, including its entire defensive front, led by Ohio State legend Jack Sawyer, whose fumble return against Texas in the CFP semifinals will forever be remembered as the biggest play of the Buckeyes’ title run.

    Also tugging at Knowles? Returning home for the first time in his 37-year coaching career. “Penn State was everything. It was everything. That’s what we aspired to be and I couldn’t get there as a player, but through a lot of work, a lot of time, a lot of really good players, that allowed me to reach that point in my career where I could really pick wherever I wanted to be,” Knowles told Penn State players during a team meeting last week

    Knowles grew up in north Philadelphia, the son of a police officer, which he often refers to as the framework for his coaching style. “Raised by a Philly cop,” he said two days before the national championship. “So there’s an intensity that goes with that.”

    Dennis Dodd contributed to this report



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    After a successful tenure as the defensive coordinator at Ohio State, Jim Knowles shocked the college football world by announcing his departure for Penn State. Many fans and analysts were left scratching their heads, wondering why Knowles would leave a top program like Ohio State for a conference rival like Penn State.

    The answer, it seems, lies in a philosophical clash at Ohio State that ultimately led Knowles to seek a fresh start and a historic payday at Penn State. Knowles, known for his aggressive and attacking defensive schemes, reportedly clashed with Ohio State head coach Ryan Day over the direction of the defense. Day, a more conservative coach, reportedly wanted a more traditional and conservative defensive approach, while Knowles wanted to continue his aggressive style.

    Ultimately, the two could not see eye to eye, leading Knowles to make the difficult decision to leave Ohio State and seek a new opportunity at Penn State. The move was not only a chance for Knowles to start fresh and implement his preferred defensive schemes, but also a chance to make history with a historic payday at Penn State.

    Knowles’ decision to walk away from a top program like Ohio State may have been surprising to many, but for Knowles, it was a necessary step to stay true to his coaching philosophy and continue to grow as a coach. And with a new challenge and a historic payday awaiting him at Penn State, Knowles is ready to make his mark on the college football landscape once again.

    Tags:

    1. Jim Knowles departure
    2. Ohio State vs Penn State
    3. Coaching philosophy clash
    4. Big Ten coaching changes
    5. Jim Knowles Penn State contract
    6. Ohio State defensive coordinator
    7. Penn State football news
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    9. Big Ten coaching salaries
    10. Jim Knowles coaching decision

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  • Payday 3, High on Life, Pac-Man World Re-Pac – PlayStation.Blog

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    Plan the ultimate heist, team up with talkative weaponry then jump and chomp your way through an island adventure with the PlayStation Plus Monthly Games lineup for February! Payday 3, High on Life and Pac-Man World Re-Pac will be available to PlayStation Plus members from February 4*. 

    Let’s take a closer look at the games. 

    Payday 3 | PS5 

    Revel in the thrill of a perfectly planned and executed heist in this high-octane, co-op FPS experience for up to four players online. Step out of retirement back into the life of crime in the shoes of the Payday Gang, the envy of their peers and the nightmare of law-enforcement wherever they go. Several years after the crew’s reign of terror over Washington DC has ended, they assemble once again to deal with the threat that roused them out of early retirement.

    High on Life | PS4, PS5 

    Fresh out of high school with no job and no ambition, you’ve really got nothing going for you until an alien cartel that wants to get high off humanity invades Earth. Now, you and a team of charismatic talking guns must answer the hero’s call and become the deadliest intergalactic bounty hunter the cosmos has ever seen. Travel to a variety of biomes and locations across the cosmos, go up against the nefarious Garmantuous and his gang of goons, collect loot, meet unique characters, and more, in the latest comedy adventure from Squanch Games. 

    Pac-Man World Re-Pac | PS4, PS5 

    In this 2004 remake of the original PlayStation platformer, with improved UI, fine-tuned mechanics and updated visuals, Pac-Man arrives home on his birthday to find the Ghosts have kidnapped Pac-Man’s family & friends and ruined his party. Off to the rescue, Pac-Man sets out to Ghost Island. Dodge Ghosts, solve environmental puzzles, rescue the Pac-Fam, and more in this platforming adventure. Play a collection of 3D mazes in Maze mode, clear Quest mode to unlock the original Pac-Man game in Original mode. 

    All three games will be available to PlayStation Plus members on February 4 until March 3.

    Last chance to download January’s games

    PlayStation Plus members have until February 3 to add Suicide Squad: Kill the Justice League, Need for Speed Hot Pursuit Remastered and The Stanley Parable: Ultra Deluxe to their game library. 


    Update on PS4 Games for PlayStation Plus

    As many of our players are currently playing on PS5 and have shifted toward redeeming and accessing PS5 titles from the Monthly Games and Game Catalog benefit, PlayStation Plus is also evolving with this trend and will focus on offering PS5 titles through the Monthly Games and Game Catalog benefit starting January 2026. As we shift to PS5, PS4 games will no longer be a key benefit and will only be occasionally offered for PlayStation Plus Monthly Games and Game Catalog starting January 2026. We may still provide titles that can be playable on both PS4 and PS5 consoles after this date.

    Please note, this won’t affect the PS4 Monthly Games that you have already redeemed from PlayStation Plus. You’ll continue to have access to games you’ve already redeemed as long as you remain a member.  For Game Catalog, PS4 games will still be available to play until it leaves the catalog as part of our monthly refresh.

    We’ll continue to evolve the experience of PlayStation Plus and optimize the benefits you receive, including exclusive discounts, online multiplayer access, online game save storage and more. As we shift our focus to PS5, we look forward to adding new PS5 titles monthly for you to enjoy.

    *PlayStation Plus Game Catalog lineup may differ in certain regions. Please check the PlayStation Store on launch day for your region’s lineup.

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    Attention all gamers! Get ready for some exciting news from PlayStation.Blog.

    First up, we have the highly anticipated Payday 3. Get ready to immerse yourself in the thrilling world of heists and high-stakes action as you team up with friends to pull off epic robberies. With improved graphics, new gameplay features, and even more intense challenges, Payday 3 is sure to keep you on the edge of your seat.

    Next, we have High on Life, a unique and visually stunning game that will take you on a journey through a world filled with vibrant colors and breathtaking landscapes. Explore mystical realms, solve puzzles, and uncover hidden treasures as you embark on an unforgettable adventure.

    And finally, get ready to relive the classic arcade fun with Pac-Man World Re-Pac. Join everyone’s favorite yellow blob as he chomps his way through mazes, collects power-ups, and outwits ghosts in this nostalgic and addictive game.

    Stay tuned for more updates and announcements from PlayStation.Blog as we continue to bring you the latest and greatest in gaming news. Happy gaming!

    Tags:

    Payday 3, High on Life, Pac-Man World Re-Pac, PlayStation, new game releases, gaming news, PlayStation Blog, video games, game updates, game reviews

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  • No RECORD, No PAYDAY!! The High-Stakes NFL Contracts & Incentives

    No RECORD, No PAYDAY!! The High-Stakes NFL Contracts & Incentives

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    In this episode of 4th & 1 with Cam Newton, we break down the pressure players like Saquon Barkley face with a contract dependent on record-breaking performance. Cam shares personal insights on the risks and rewards of these high-stakes deals, highlighting how it can impact a player’s mindset. Don’t miss this deep dive into one of the NFL’s most intriguing contract dilemmas and its ripple effects across the league. Watch the full episode – https://youtu.be/lqWpoR3Bx5c Want more Content?? Funky Friday – @CamNewton More Cam Newton (Gaming) @MoreCamNewton Follow 4th&1 on Social! Tiktok: https://www.tiktok.com/@4thand1 Instagram: https://www.instagram.com/4thand1 Twitter: https://twitter.com/4thand1show Reddit: https://reddit.com/r/4thand1 Follow…



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    In the high-stakes world of the NFL, players are constantly striving to secure the biggest contracts and earn the highest incentives. But what happens when a player fails to live up to expectations and their performance doesn’t match their paycheck?

    For many NFL players, their contracts are heavily based on performance incentives. These incentives can range from playing a certain number of snaps, scoring a certain number of touchdowns, making the Pro Bowl, or even winning the Super Bowl. These incentives are designed to motivate players to perform at their best and reward them for their achievements.

    But what happens when a player fails to meet these incentives? In some cases, players may see a decrease in their salary or even lose out on their pay altogether. This can be a harsh reality for players who are unable to perform at the level expected of them.

    One example of this high-stakes environment is the case of former NFL quarterback Brock Osweiler. In 2016, Osweiler signed a $72 million contract with the Houston Texans, with $37 million guaranteed. However, after a disappointing season where he was benched in favor of a rookie quarterback, Osweiler was traded to the Cleveland Browns. As a result, Osweiler’s contract was restructured and he ultimately lost out on a significant portion of his guaranteed money.

    In the NFL, performance is everything. Players are constantly under pressure to perform at their best and earn their paychecks. For many players, their contracts are tied to their performance on the field, creating a high-stakes environment where every play matters.

    So remember, in the world of the NFL, no record means no payday. Players must constantly strive to meet their incentives and perform at the highest level in order to secure their financial future.

    Tags:

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    • Athlete salary incentives

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  • Ian Book’s Contract Negotiations: How He Landed a Major Payday

    Ian Book’s Contract Negotiations: How He Landed a Major Payday

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    Ian Book, the former Notre Dame quarterback, has recently made headlines for his successful contract negotiations with the NFL team that drafted him. Book, who was selected in the fourth round of the 2021 NFL Draft by the New Orleans Saints, managed to secure a major payday thanks to his savvy negotiating skills and the leverage he had as a highly sought-after prospect.

    Book’s journey to securing a lucrative contract began during his time at Notre Dame, where he established himself as a top quarterback prospect in college football. His impressive performances on the field caught the attention of NFL scouts and executives, who saw him as a potential franchise quarterback. Book’s strong arm, accuracy, and leadership qualities made him a coveted prospect in the draft, and several teams expressed interest in drafting him.

    When the New Orleans Saints selected Book in the fourth round of the draft, he knew that he had an opportunity to negotiate a favorable contract that would set him up for success in the NFL. With the help of his agent, Book began the negotiation process with the Saints, aiming to secure a contract that reflected his value as a top prospect in the draft.

    One of the key factors that helped Book land a major payday was his leverage as a highly sought-after prospect. Several teams had shown interest in drafting him, and the Saints were aware that they needed to offer him a competitive contract in order to secure his services. Book and his agent used this leverage to their advantage, negotiating with the Saints to ensure that he received a contract that reflected his value as a top quarterback prospect.

    Additionally, Book’s strong performance in pre-draft workouts and interviews further solidified his position as a top prospect in the draft. His impressive showing in various drills and his ability to impress team executives during interviews helped him make a strong case for a lucrative contract. The Saints were impressed by Book’s skills and potential, and they were willing to offer him a substantial contract to secure his services for the future.

    In the end, Book’s negotiations with the Saints were a success, and he landed a major payday that will set him up for success in the NFL. His ability to leverage his status as a highly sought-after prospect, along with his impressive performances in pre-draft workouts and interviews, played a crucial role in securing a favorable contract. As Book prepares to begin his NFL career with the Saints, he can rest assured that his hard work and negotiating skills have paid off, setting him up for success in the league.
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  • Payday 2 – Switch – Complete! CIB

    Payday 2 – Switch – Complete! CIB



    Payday 2 – Switch – Complete! CIB

    Price : 36.80

    Ends on : N/A

    View on eBay
    After weeks of searching and waiting, I finally completed my Payday 2 collection on the Nintendo Switch! I now have the game complete in box (CIB) with all the bonus content and extras. I can’t wait to dive back into the heists and robberies with my friends. Who else loves this game on the Switch? Let’s plan a heist together! #Payday2 #NintendoSwitch #CIB #complete
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  • Payday 2 (Nintendo Switch) Cartridge Only

    Payday 2 (Nintendo Switch) Cartridge Only



    Payday 2 (Nintendo Switch) Cartridge Only

    Price : 24.23

    Ends on : N/A

    View on eBay
    Attention Payday 2 fans! Looking to complete your collection or replace a lost or damaged cartridge for your Nintendo Switch? Look no further! We have the Payday 2 cartridge available for purchase, perfect for those who already have the case and just need the game itself.

    Get ready to heist, rob, and complete daring missions with your crew in this thrilling first-person shooter game. Don’t miss out on the chance to add this essential title to your Switch library.

    Grab your Payday 2 cartridge today and get back to the action-packed gameplay that you love. Happy gaming! #Payday2 #NintendoSwitch #GamingCommunity
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  • Nintendo Switch Payday 2 (Nintendo Switch 2018) Great Condition!

    Nintendo Switch Payday 2 (Nintendo Switch 2018) Great Condition!



    Nintendo Switch Payday 2 (Nintendo Switch 2018) Great Condition!

    Price : 38.00

    Ends on : N/A

    View on eBay
    Are you a fan of heist games? Look no further! I have a Nintendo Switch Payday 2 game available for sale. This game is in great condition and perfect for anyone looking to get their hands on some intense, action-packed gameplay.

    Released in 2018, Payday 2 on the Nintendo Switch brings all the thrills of the original game to the palm of your hand. Join up with your friends and plan out epic heists, complete missions, and pull off daring robberies in this immersive first-person shooter.

    Whether you’re a seasoned veteran of the series or a newcomer looking to dive into the world of crime, this game is sure to provide hours of entertainment. Don’t miss out on your chance to own this fantastic game for your Nintendo Switch. Grab it now before it’s gone!
    #Nintendo #Switch #Payday #Nintendo #Switch #Great #Condition