![]() The program was founded by the Rio Grande Valley Multibank, or RGVMB, a “for-profit stockholder held organization owned by twelve banks and organizations,” the website states. In the lending program’s first eight years of operation, the Community Loan Center lent more than $25 million over 28,000 transactions, the website states. “It’s employee deduction, so they can take up to 12 months to pay her back,” Vasquez said, adding that the arrangement does not put the city at risk “in any way, shape or form.”īorrowers will pay 18% interest on the loan, plus an additional $120 fee, according to an informational page on the CLC’s website.īorrowers don’t need to have a credit history or collateral to take out a loan however, they do need four personal references and at least a three-month employment history with the employer who will be facilitating the payroll deductions. Now, city employees will be able to borrow between $400-$1,000 - money that will then be repaid straight from their paychecks. Vasquez said it didn’t, but that he had an idea - one that would need the city council’s approval first.Īnd so, on Tuesday, the Donna City Council unanimously approved the partnership with the Community Loan Center. The employee asked Vasquez if the city had a lending program. “With all due respect, those are lower-level income employees,” Vasquez said. The final tipping point for the finance director came when a public works employee approached him recently to ask for help. It’s not unheard of for a payday loan company to charge in excess of 500% interest.īut, as Vasquez learned from CLC representative, Rose Jaramillo, the Community Loan Center was envisioned as an affordable - and non-predatory - alternative to such loans when it was first established in 2011. Such ventures charge astronomical interest rates for ultra-short-term loans - loans that must be repaid in about a month. Initially, he was wary of supporting such a partnership because he feared the kinds of issues that can arise from taking out small-dollar loans from check cashing, payday or title loan companies. Representatives from the lender had been attempting to partner with the city of Donna for years, Vasquez said. “It is a option (sic) for employees to borrow funds at a moderate interest rate that is a better option than your payday loan type, because their interest rates are through the roof,” Donna Finance Director David Vasquez said after a city council meeting here Tuesday evening. DONNA - Officials here approved a partnership with the Community Loan Center, a Brownsville-based organization that offers short-term loans which city employees can repay via payroll deduction. ![]()
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Third-party alternatives for taking a screenshot on Mac.How to screenshot the Touch Bar and send it to your Clipboard.How to open the Screenshot app on a Mac.How to capture a portion of the screen on a Mac. ![]() ![]() ![]() As the product line grew so did the in-house capabilities. Soon, a natural born fortitude and an undying passion to make it right and make it Benchmade, prospered into significant growth. And like most companies, starting out meant scarce money and big plans, using second hand equipment and limited resources. The initial knives primarily consisted of the Bali-Song knives, using a combination of outside vendors and inside processing to build finished products. set-up shop in Clackamas, Oregon in 1990 (originally founded in California in 1988). ![]() You further hereby represent and certify that your purchase or ownership of automatic knives from Knife Depot LLC meets one or more of the criteria set forth above and agree to use these knives in connection of duties as described above in sections 1, 2, 3, 4 and 5.īenchmade Knife Company, Inc. Knife Depot LLC will not sell automatic opening knives to any customer unless such sale is made in compliance with one or more of the above conditions.īy submitting this form, you (Knife Depot LLC Customer/Buyer) recognize and acknowledge that it is your responsibility as the buyer to ascertain and obey all applicable laws (local, state, federal and international) in regard to the possession or purchase of any item from Knife Depot LLC. To manufacturers of such knives or bona fide dealers therein in connection with any shipment made pursuant of an order from any person designated in paragraphs 1, 2, 3 and 4. To supply or procurement officers or employees of the municipal government of the District ofĬolumbia or the government of an State or Territory, or any county, city or other political To supply or procurement officers of the National Guard, the Air National Guard, or militia of a State, Territory or the District of Columbia ordering, procuring, or purchasing such knives in the connection with the activities of such organization an active Armed Forces member or employee acting in the performance of his or her duty.To civilian or Armed Forces supply or procurement officers and employees of the Federal Government ordering, procuring, or purchasing such knives in connection with the activities of the Federal Government IN COMPLIANCE WITH FEDERAL STATUTES REGARDING INTERSTATE SHIPPING OF AUTOMATIC KNIVES, Knife Depot LLC requests that you read carefully the requirements set forth below, and agree to this prior to your purchase or receipt of any automatic knife from our company.įederal law prohibits shipment of automatic knives across state lines, with the following exceptions: ![]() |
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