Mogo is a financial technology company that is aiming to disrupt and recreate the banking industry by offering digital financial services and products to help Canadians take control of their financial health. They provide credit products like loans and prepaid credit cards to consumers across the credit spectrum at lower rates than traditional banks. Mogo also offers features like credit score monitoring, payment reminders, and financial education programs to help consumers improve their financial fitness.
Mogo is a Canadian financial technology company that offers digital financial services and products to help millennials and other consumers take control of their financial health. Mogo aims to disrupt and recreate banking by offering lower-cost credit products and services through a simple online experience. Their products include lower-rate loans for debt consolidation, lower-cost small loans as an alternative to payday loans, and a prepaid debit card without fees. Mogo also provides financial education resources and perks to its members.
The document contains code snippets that use conditionals to solve various problems.
The first snippet asks the user to input the lengths of three sides of a triangle and uses if/else statements to determine if the triangle is equilateral, scalene, or isosceles.
The second snippet asks the user to input a test score and uses if statements to determine the letter grade (A, B, C, D, or F) corresponding to the score.
The third snippet asks an employee for hours worked and hourly pay rate, then uses the input to calculate gross salary, deductions, and net salary.
This document describes the design and study of a portable solar dish concentrator. Key points:
- A 1.6 meter diameter parabolic dish concentrator was fabricated from galvanized steel with a reflective coating. It achieved a concentration ratio of 30% at midday.
- A receiver located at the focal point of the dish was able to heat water up to 80 degrees Celsius.
- The system was equipped with a two-axis tracking system to follow the sun and maximize concentration of sunlight on the receiver.
- The portable solar dish concentrator demonstrated the ability to effectively concentrate sunlight and increase thermal energy collection compared to a fixed system without tracking.
This document provides an overview of Lesson 2 in a phonics program. It introduces the phonograms /g/, /o/, /s/, and /qu/ and provides examples of words containing each sound. For each phonogram, the sound is played and sample words are shown. It also describes a "Words to Sound Out" activity where words containing the new phonograms are sounded out and read aloud in a modeled format. More information and resources on phonograms are available at the listed websites.
Mogo is a Canadian financial technology company that offers digital financial services and products to help millennials and other consumers take control of their financial health. Mogo aims to disrupt and recreate banking by offering lower-cost credit products and services through a simple online experience. Their products include lower-rate loans for debt consolidation, lower-cost small loans as an alternative to payday loans, and a prepaid debit card without fees. Mogo also provides financial education resources and perks to its members.
The document contains code snippets that use conditionals to solve various problems.
The first snippet asks the user to input the lengths of three sides of a triangle and uses if/else statements to determine if the triangle is equilateral, scalene, or isosceles.
The second snippet asks the user to input a test score and uses if statements to determine the letter grade (A, B, C, D, or F) corresponding to the score.
The third snippet asks an employee for hours worked and hourly pay rate, then uses the input to calculate gross salary, deductions, and net salary.
This document describes the design and study of a portable solar dish concentrator. Key points:
- A 1.6 meter diameter parabolic dish concentrator was fabricated from galvanized steel with a reflective coating. It achieved a concentration ratio of 30% at midday.
- A receiver located at the focal point of the dish was able to heat water up to 80 degrees Celsius.
- The system was equipped with a two-axis tracking system to follow the sun and maximize concentration of sunlight on the receiver.
- The portable solar dish concentrator demonstrated the ability to effectively concentrate sunlight and increase thermal energy collection compared to a fixed system without tracking.
This document provides an overview of Lesson 2 in a phonics program. It introduces the phonograms /g/, /o/, /s/, and /qu/ and provides examples of words containing each sound. For each phonogram, the sound is played and sample words are shown. It also describes a "Words to Sound Out" activity where words containing the new phonograms are sounded out and read aloud in a modeled format. More information and resources on phonograms are available at the listed websites.
This master's thesis examines the themes of corporate social responsibility (CSR) communication on 25 large multinational companies' websites. It analyzes whether the CSR issues communicated reflect postmaterialist values as described by sociologist Ronald Inglehart. Through a content analysis of the websites using an index of postmaterialist values, the study finds that half of the postmaterialist values are strongly represented, including influence on community, altruism/philanthropy, diversity/equal rights, and environment/sustainability. While most CSR themes reflect postmaterialism, some topics may depend more on industry or customer type. The thesis aims to provide new insights into the nature of CSR communication by taking a sociological approach.
AIDS is caused by the human immunodeficiency virus (HIV). Many people infected with HIV do not show symptoms for years, allowing them to infect others unknowingly. HIV weakens the immune system, leaving the body vulnerable to infections and diseases. The virus can be transmitted sexually, through blood exposure, or from mother to child during pregnancy, birth, or breastfeeding. While scientists have been unable to develop a vaccine, prevention focuses on avoiding risky behaviors like unprotected sex with multiple partners and sharing needles.
The Sysmex XE-5000 is an automated hematology analyzer that uses fluorescent flow cytometry and hydrodynamic focusing technologies to analyze blood and body fluid samples. It can measure 43 parameters from CBC, DIFF, NRBC, RET, and body fluid analyses. It has high throughput of 150 samples/hour and requires only 200uL of sample. The XE-5000 provides accurate and reproducible results for improved patient care.
The document discusses the diagnosis of intestinal protozoa through microscopic examination of stool specimens. It outlines the key steps which include collecting and preserving specimens, concentrating parasites from stool through techniques like formaldehyde-ether sedimentation and brine floatation, and examining specimens under a microscope. It provides details on the various preparation methods, fixatives used to preserve specimens, and how to conduct a direct smear of a stool sample to view motile parasites under the microscope. Polyvinyl alcohol is highlighted as a fixative that can preserve the fragile trophozoites of intestinal amoebas for later examination.
Homeopathy is a form of alternative medicine based on the principle that substances that cause symptoms in healthy people can be used in extreme dilution to treat illnesses that cause similar symptoms. It was developed in the late 1700s by Samuel Hahnemann and works by triggering the body's natural immune response. While homeopathy has few side effects due to extreme dilution removing active ingredients, its efficacy is debated due to a lack of strong scientific evidence and some claims that its effects can be explained by the placebo effect.
Esensi menjadi jurnalis olahraga adalah aksesibilitas untuk menonton pertandingan secara gratis dari tempat terbaik dan berkesempatan berfoto bersama idola, pekerjaan yang dinamis tanpa rutinitas dan jam kerja tetap, serta kesempatan untuk memperluas wawasan ke berbagai bidang seperti olahraga, politik, budaya, teknologi, hukum, dan sastra.
Introducción a responsive design. Cómo adaptar tu web a móviles y tabletsMiguel Monreal
El documento habla sobre diseño web responsivo. Explica cómo crear un diseño flexible utilizando una cuadrícula flexible con imágenes flexibles e incorporando consultas de medios para crear un diseño adaptable y responsivo. Describe cómo convertir medidas fijas como anchos, márgenes, rellenos y tamaños de fuente a porcentajes para que se adapten a diferentes tamaños de pantalla. También discute los puntos de ruptura típicos y avanzadas consultas de medios.
La Unión Europea ha acordado un embargo petrolero contra Rusia en respuesta a la invasión de Ucrania. El embargo prohibirá las importaciones marítimas de petróleo ruso a la UE y pondrá fin a las entregas a través de oleoductos dentro de seis meses. Esta medida forma parte de un sexto paquete de sanciones de la UE destinadas a aumentar la presión económica sobre Moscú y privar al Kremlin de fondos para financiar su guerra.
The document provides tips and advice for smarter money management and credit health. It discusses checking specialty reports, avoiding debt elimination scams, using a debt repayment plan called Power Pay, factors to consider with rewards credit cards, understanding credit scoring systems, risks of skipping payments, understanding identity theft risks, benefits of retirement investing over mortgage prepayment, online coupon resources, a utility bill savings program, and a fuel efficiency website.
This document provides information about debt settlement training from Simplified Debt Solutions. It outlines their thorough training program for affiliates, which includes ongoing education on industry changes. Typical training involves completing a training series, attending Q&A sessions, and additional sales training. Common consumer debt statistics are presented, showing high credit card usage and bankruptcy rates in the US. Debt settlement is described as negotiating unsecured debt down in a lump sum payment, providing a win-win solution for creditors and consumers. Frequently asked questions about the debt settlement process are answered.
The document provides information about a debt settlement training program from Simplified Debt Solutions. It outlines the training and support provided to affiliates to help consumers eliminate debt through negotiated settlements. It also addresses frequently asked questions about the debt settlement process and alternatives like bankruptcy, debt consolidation, and credit counseling that clients should reconsider.
Patricia
M3_A1 Interest rates Discussion
General Education Mathematics
MAT109
Professor Mary Troy
Okay despite the great example provided by Professor Troy, I am still a bit apprehensive about my understanding of what is expected in this week’s discussion assignment, so I hope it is understandable and correct.
I. How is consumer debt different today than in the past?
According to a couple of different articles that I read, and the U.S. Federal reserve website U.S. Debt is at an all-time high. In the article posted on Time.com titled “Overall debt levels rose at the fastest rates seen since 2007, according to a new study by the Federal Reserve of New York” this article states that “within the last three months of 2013 U.S. debt had an increase of 2.1% this is said to be the highest rate of increase since 2011 and this debt includes mortgages, auto loans, student loans, and credit card debt” (Frizell, 2014). This information makes me wonder what is contributing to this rise in debt across America, is it due to an increase in unemployment, or a lack of financial common sense. Not that I am one to talk about others debt being that I have a car loan, a mortgage, and of course student loans, but I have taken pride in making certain that my debts have achievable end dates in fact my mortgage and car loan currently only have 3 ½ years left. I do admit I have a credit card, however it is for emergencies only and thankfully there have been no big emergencies that have required its use, I guess I just have a hard time understanding how our nation can possibly get so far into debt with little hope of paying it back. And I think I have got a bit off track here so let’s move on.
*After the references I have included the table that I found from the Federal Reserve.
II. What role do interest rates play in mounting consumer debt?
This is another are I am out of my depths in and so I am going to wing it a bit. I suppose that when a credit card company offers a consumer a credit card with and initial low interest rate it draws them in and once they end up in over their heads the interest rate increases making it difficult to pay back the amount that has been put onto the credit card. This I think puts the consumer in a place where they are getting deeper and deeper into debt, while the credit card companies make more income.
I suppose another way this could be said is that while interest rates are low people are more likely to take out loans because they will have less interest to pay back this can be very appealing to someone who is looking to purchase a home, a car, to get a student loan, or to get a credit card so that they can buy things that they otherwise couldn’t afford to buy. Unfortunately rates don’t always stay low and that is where the consumer tends to get into trouble.
So that bring me to the effect that all of this debt can have on the economy, when people borrow more and more from banks especially in times of poor ec.
Automotive Outreach Program from a Car Dealer; Life Beyond BankruptcyRalph Paglia
The document provides information about rebuilding credit after bankruptcy, including easy steps one can take immediately to improve their credit score. It discusses paying bills on time, paying down credit card balances, obtaining additional credit responsibly over time, and correcting any errors on credit reports. Taking these steps can help increase one's credit score and qualify for better credit terms in the future.
Mortgage rates beginner's_guide-maria arruaMaria A. Arrua
The document provides an overview of mortgages, including what a mortgage is, different types of mortgages and mortgage rates, how to find the best mortgage rates, what mortgage rate lock-in is, and how changing mortgage rates can affect homeowners. It serves as a beginner's guide to understanding mortgages and making informed decisions when taking out a home loan.
This document provides information about Americans' high levels of credit card and other debt. It notes that in 2007, the average credit card debt per American was $9,840, and over 60% of credit card holders carry a monthly balance. It then discusses options for dealing with debt, including doing nothing, bankruptcy, debt consolidation loans, credit counseling, and debt settlement. It argues that debt settlement can eliminate 30-50% of unsecured debt and allow people to become debt free in 3-7 years, making it the fastest and least expensive option for most people facing financial hardship and unable to pay all their monthly debt obligations.
This document provides an overview of a loan modification information session presented by David Wilhite. The session agenda includes an overview of the Home Affordable Modification Program (HAMP), how California Foreclosure Assistance (CAFA) differs from other loan modification companies, and an exercise for homeowners. Key points made are that HAMP has had a lower success rate than projected, CAFA provides scenario-based analysis to determine eligibility for HAMP and other programs, and homeowners should be cautious of paying third parties for assistance that may be available for free.
This master's thesis examines the themes of corporate social responsibility (CSR) communication on 25 large multinational companies' websites. It analyzes whether the CSR issues communicated reflect postmaterialist values as described by sociologist Ronald Inglehart. Through a content analysis of the websites using an index of postmaterialist values, the study finds that half of the postmaterialist values are strongly represented, including influence on community, altruism/philanthropy, diversity/equal rights, and environment/sustainability. While most CSR themes reflect postmaterialism, some topics may depend more on industry or customer type. The thesis aims to provide new insights into the nature of CSR communication by taking a sociological approach.
AIDS is caused by the human immunodeficiency virus (HIV). Many people infected with HIV do not show symptoms for years, allowing them to infect others unknowingly. HIV weakens the immune system, leaving the body vulnerable to infections and diseases. The virus can be transmitted sexually, through blood exposure, or from mother to child during pregnancy, birth, or breastfeeding. While scientists have been unable to develop a vaccine, prevention focuses on avoiding risky behaviors like unprotected sex with multiple partners and sharing needles.
The Sysmex XE-5000 is an automated hematology analyzer that uses fluorescent flow cytometry and hydrodynamic focusing technologies to analyze blood and body fluid samples. It can measure 43 parameters from CBC, DIFF, NRBC, RET, and body fluid analyses. It has high throughput of 150 samples/hour and requires only 200uL of sample. The XE-5000 provides accurate and reproducible results for improved patient care.
The document discusses the diagnosis of intestinal protozoa through microscopic examination of stool specimens. It outlines the key steps which include collecting and preserving specimens, concentrating parasites from stool through techniques like formaldehyde-ether sedimentation and brine floatation, and examining specimens under a microscope. It provides details on the various preparation methods, fixatives used to preserve specimens, and how to conduct a direct smear of a stool sample to view motile parasites under the microscope. Polyvinyl alcohol is highlighted as a fixative that can preserve the fragile trophozoites of intestinal amoebas for later examination.
Homeopathy is a form of alternative medicine based on the principle that substances that cause symptoms in healthy people can be used in extreme dilution to treat illnesses that cause similar symptoms. It was developed in the late 1700s by Samuel Hahnemann and works by triggering the body's natural immune response. While homeopathy has few side effects due to extreme dilution removing active ingredients, its efficacy is debated due to a lack of strong scientific evidence and some claims that its effects can be explained by the placebo effect.
Esensi menjadi jurnalis olahraga adalah aksesibilitas untuk menonton pertandingan secara gratis dari tempat terbaik dan berkesempatan berfoto bersama idola, pekerjaan yang dinamis tanpa rutinitas dan jam kerja tetap, serta kesempatan untuk memperluas wawasan ke berbagai bidang seperti olahraga, politik, budaya, teknologi, hukum, dan sastra.
Introducción a responsive design. Cómo adaptar tu web a móviles y tabletsMiguel Monreal
El documento habla sobre diseño web responsivo. Explica cómo crear un diseño flexible utilizando una cuadrícula flexible con imágenes flexibles e incorporando consultas de medios para crear un diseño adaptable y responsivo. Describe cómo convertir medidas fijas como anchos, márgenes, rellenos y tamaños de fuente a porcentajes para que se adapten a diferentes tamaños de pantalla. También discute los puntos de ruptura típicos y avanzadas consultas de medios.
La Unión Europea ha acordado un embargo petrolero contra Rusia en respuesta a la invasión de Ucrania. El embargo prohibirá las importaciones marítimas de petróleo ruso a la UE y pondrá fin a las entregas a través de oleoductos dentro de seis meses. Esta medida forma parte de un sexto paquete de sanciones de la UE destinadas a aumentar la presión económica sobre Moscú y privar al Kremlin de fondos para financiar su guerra.
The document provides tips and advice for smarter money management and credit health. It discusses checking specialty reports, avoiding debt elimination scams, using a debt repayment plan called Power Pay, factors to consider with rewards credit cards, understanding credit scoring systems, risks of skipping payments, understanding identity theft risks, benefits of retirement investing over mortgage prepayment, online coupon resources, a utility bill savings program, and a fuel efficiency website.
This document provides information about debt settlement training from Simplified Debt Solutions. It outlines their thorough training program for affiliates, which includes ongoing education on industry changes. Typical training involves completing a training series, attending Q&A sessions, and additional sales training. Common consumer debt statistics are presented, showing high credit card usage and bankruptcy rates in the US. Debt settlement is described as negotiating unsecured debt down in a lump sum payment, providing a win-win solution for creditors and consumers. Frequently asked questions about the debt settlement process are answered.
The document provides information about a debt settlement training program from Simplified Debt Solutions. It outlines the training and support provided to affiliates to help consumers eliminate debt through negotiated settlements. It also addresses frequently asked questions about the debt settlement process and alternatives like bankruptcy, debt consolidation, and credit counseling that clients should reconsider.
Patricia
M3_A1 Interest rates Discussion
General Education Mathematics
MAT109
Professor Mary Troy
Okay despite the great example provided by Professor Troy, I am still a bit apprehensive about my understanding of what is expected in this week’s discussion assignment, so I hope it is understandable and correct.
I. How is consumer debt different today than in the past?
According to a couple of different articles that I read, and the U.S. Federal reserve website U.S. Debt is at an all-time high. In the article posted on Time.com titled “Overall debt levels rose at the fastest rates seen since 2007, according to a new study by the Federal Reserve of New York” this article states that “within the last three months of 2013 U.S. debt had an increase of 2.1% this is said to be the highest rate of increase since 2011 and this debt includes mortgages, auto loans, student loans, and credit card debt” (Frizell, 2014). This information makes me wonder what is contributing to this rise in debt across America, is it due to an increase in unemployment, or a lack of financial common sense. Not that I am one to talk about others debt being that I have a car loan, a mortgage, and of course student loans, but I have taken pride in making certain that my debts have achievable end dates in fact my mortgage and car loan currently only have 3 ½ years left. I do admit I have a credit card, however it is for emergencies only and thankfully there have been no big emergencies that have required its use, I guess I just have a hard time understanding how our nation can possibly get so far into debt with little hope of paying it back. And I think I have got a bit off track here so let’s move on.
*After the references I have included the table that I found from the Federal Reserve.
II. What role do interest rates play in mounting consumer debt?
This is another are I am out of my depths in and so I am going to wing it a bit. I suppose that when a credit card company offers a consumer a credit card with and initial low interest rate it draws them in and once they end up in over their heads the interest rate increases making it difficult to pay back the amount that has been put onto the credit card. This I think puts the consumer in a place where they are getting deeper and deeper into debt, while the credit card companies make more income.
I suppose another way this could be said is that while interest rates are low people are more likely to take out loans because they will have less interest to pay back this can be very appealing to someone who is looking to purchase a home, a car, to get a student loan, or to get a credit card so that they can buy things that they otherwise couldn’t afford to buy. Unfortunately rates don’t always stay low and that is where the consumer tends to get into trouble.
So that bring me to the effect that all of this debt can have on the economy, when people borrow more and more from banks especially in times of poor ec.
Automotive Outreach Program from a Car Dealer; Life Beyond BankruptcyRalph Paglia
The document provides information about rebuilding credit after bankruptcy, including easy steps one can take immediately to improve their credit score. It discusses paying bills on time, paying down credit card balances, obtaining additional credit responsibly over time, and correcting any errors on credit reports. Taking these steps can help increase one's credit score and qualify for better credit terms in the future.
Mortgage rates beginner's_guide-maria arruaMaria A. Arrua
The document provides an overview of mortgages, including what a mortgage is, different types of mortgages and mortgage rates, how to find the best mortgage rates, what mortgage rate lock-in is, and how changing mortgage rates can affect homeowners. It serves as a beginner's guide to understanding mortgages and making informed decisions when taking out a home loan.
This document provides information about Americans' high levels of credit card and other debt. It notes that in 2007, the average credit card debt per American was $9,840, and over 60% of credit card holders carry a monthly balance. It then discusses options for dealing with debt, including doing nothing, bankruptcy, debt consolidation loans, credit counseling, and debt settlement. It argues that debt settlement can eliminate 30-50% of unsecured debt and allow people to become debt free in 3-7 years, making it the fastest and least expensive option for most people facing financial hardship and unable to pay all their monthly debt obligations.
This document provides an overview of a loan modification information session presented by David Wilhite. The session agenda includes an overview of the Home Affordable Modification Program (HAMP), how California Foreclosure Assistance (CAFA) differs from other loan modification companies, and an exercise for homeowners. Key points made are that HAMP has had a lower success rate than projected, CAFA provides scenario-based analysis to determine eligibility for HAMP and other programs, and homeowners should be cautious of paying third parties for assistance that may be available for free.
Mortgage rates a beginner's guide - dec 6steven milner
This document provides an overview of mortgages and mortgage rates for beginners. It discusses what a mortgage is, different types of mortgages and mortgage rates. It also covers how to find the best mortgage rates, the process of locking in rates, and how changing rates can affect homeowners. The key topics covered are types of fixed and adjustable rate mortgages, factors that influence mortgage rates like credit scores, and the importance of shopping around and locking in rates when getting a mortgage.
This document provides an overview of credit scoring and its importance. It discusses the five factors that determine a credit score, including payment history, credit utilization, credit history length, credit mix, and number of inquiries. A low credit score can significantly increase interest rates on loans like mortgages, costing borrowers thousands over the life of the loan. It also outlines tips for improving credit scores, such as paying bills on time, keeping credit utilization low, and maintaining a mix of different credit types. The document emphasizes the importance of not making changes to credit reports or applying for new credit during the loan application process.
ExtraFunds is seeking $1 million in investment capital to fund operating expenses like hiring more call center employees and marketing. Investors will receive 12% annual interest on promissory notes. ExtraFunds services loans for online lenders, providing marketing, underwriting, and collections. It has made over 41,000 loans totaling $14 million. ExtraFunds projects continued growth over the next 3 years by increasing marketing and call center staff.
NEG Credit Solutions has been providing credit repair services for over 8 years. They help clients improve their credit reports and scores within 90 days by disputing negative items like late payments, collections, and bankruptcies. Credit repair can help remove these items and increase a client's credit score, leading to lower interest rates and improved creditworthiness. While some claim credit repair is a scam, NEG has a proven track record of success and their services are competitively priced compared to other companies.
PMC is a California premier mortgage broker that provides over 50 loan programs through over 35 wholesale lenders. They offer conventional, jumbo, FHA, VA, and non-prime loans along with construction, commercial, and hard money loans. PMC promises competitive rates, fast pre-qualifications and pre-approval letters, and qualified professionals to efficiently process loans. They educate clients on homeownership benefits like building equity and putting money back into savings through tax deductions and paying down principal.
Peer to peer lending accounts, managed for clients according to their individual needs. Professional investment management from a team of dedicated credit specialists.
This document provides information and guidelines for first-time homebuyers on qualifying for a mortgage and purchasing a home. It discusses key factors like income requirements, down payment amounts, credit scores, different types of mortgages and insurance. The document is presented as a guide to help homebuyers understand the homebuying process and make informed decisions. It is divided into several sections covering topics such as qualifications, the approval process, mortgages and costs, responsibilities of homeownership, and tips for saving money.
The document discusses several key payment trends, including:
1) Cashierless technology is arriving, with pilots indicating an inflection point for checkout processes that require only one step of selecting goods without needing to check out.
2) Payments are accelerating, with consumers and businesses demanding faster funds availability through services like real-time payments and same-day funding for merchants.
3) Payments are becoming more contextual through integrations in new environments like vehicles, streaming platforms, and social media to enable commerce opportunities.
ExtraFunds is a proven servicer in the short-term online lending marketplace. ExtraFunds is currently seeking to expand its operations by raising capital via Crowdfunder. For more details about the offering, visit www.crowdfunder.com/extrafunds.
Title365 is a nationwide provider of title insurance and escrow services. It has local offices throughout California and key cities nationwide. Title365 uses centralized and efficient operations to provide faster closing services for residential real estate transactions. It offers traditional title insurance, escrow, and technology solutions to brokers, lenders, and buyers and sellers of real estate. Title365 also offers flexibility in title insurance underwriters through its relationships with major underwriters. Its online platform connects buyers, sellers, and professionals to facilitate ordering and tracking of real estate services.
2. 2/11
MOGO PRESS KIT
Netflix disrupted movies. Uber
disrupted taxis. Now, Mogo is
dismantling—and recreating—
banking—to offer solutions that
help Canadians take control of
their financial health.
1 in 3 millennials are open to switching banks in the next 90 days*. With
such a high lack of trust in such an old institution, the industry is ripe for
disruption. Strictly speaking, Mogo’s a financial technology company—but
it’s also so much more than that. Using design and technology, we’ve
created an experience that gives consumers a new level of convenience
and simplicity when it comes to managing their money. We offer credit to
the full spectrum of consumers—regardless of credit score—and at rates
that we believe are generally lower than the rates charged by traditional
institutions for comparable products. Not only that, we also reward our
customers with lower rates when they make their payments on time (more
on that later).
Counterintuitive? Yes. But it’s also the right thing to do—especially when
53% of millennials don’t think their bank offers anything different than
other banks*. With these industry-leading advantages, we’ve originated
over 900,000 loans and acquired more than 100,000 members.
ABOUT MOGO
*Millennial Disruption Index: http://www.millennialdisruptionindex.com/wp-content/uploads/2014/02/MDI_Final.pdf
3. 3/11
MOGO PRESS KITMOGO PRESS KIT
**Equifax Canadian Consumer
Credit Trends Q4 2014
*Save up to 93% based on comparison of MogoMini $1.53 per $100 for 14 days (AIR 39.9%) to payday loan rate at maximum provincial rate cap of $21/$100 in Ontario and save
up to 50% based on comparison of MogoZip at $10.50 per $100 for 14 days to payday loan rate at maximum provincial cap of $21/$100 in Ontario.
COMPARED TO
ALTERNATIVES
WE CAN LOWER YOUR
COST OF BORROWING BY
UP
TO
93%
*
Banks are making record profits while consumers are getting
saddled with record levels of debt. Credit cards, with their
ease of overspending, are a gateway that can lead
to various other types of debt such as payday loans and
consumer finance loans. Besides, why fill out endless bank
forms, stand in line, or take time out of your day to sit across
from a stone-faced loan officer when you could just apply
online with Mogo?
TOTAL CONSUMER
CREDIT OUTSTANDING
$1.5T
**
MORE
THAN
AVERAGE CANADIAN
PAYS 20% OR MORE
CREDIT CARD INTEREST
10M
WHY
CHOOSE
MOGO?
How to become a
MogoMember?
At Mogo, membership is a right and
not a privilege. Join the revolution
against the banks today by signing
up for free online at Mogo.ca.
AVERAGE HOUSEHOLD DEBT
EXCLUDING MORTGAGE DEBT*
$20K
**
SIMPLE APPLICATION
PROCESS
3MINS APPROVED FOR ONE OF OUR
LOAN PRODUCTS
74.6%
THE PROBLEM
4. 4/11
MOGO PRESS KIT
The Mogo Financial
Fitness Program
The average debt held by Canadians is about $20,000*—
and that’s excluding mortgages. Enter MogoLiquid. You can
borrow up to $35,000 with rates starting at 5.9%, but no
matter where you start, you can work your way to a lower
rate every year with on-time payment (unless you’re already
at the lowest rate, of course). With no prepayment penalties
and terms from one to five years, it’s designed to be the tool
consumers use to consolidate and pay off debt faster.
Every month, we’ll send you a snapshot of the progress
you’re making in paying off your MogoLiquid loan. See how
many more payments you have to make to pay off your
principal, and also see how you’re doing in your quest to
Level Up to a lower rate.
THE SOLUTION
MogoLiquid
We deliver.
To your inbox.
Finally, a cure for credit card debt.
*http://www.consumer.equifax.ca/about_equifax/newsroom/news/en_ca?newsId=93fad6af-a463-4286-aa66-3606fea52ed1
5. 5/11
MOGO PRESS KIT
Don’t qualify for
MogoLiquid? It’s okay.
You’ve got a better option at Mogo,
no matter your credit history.
According to the Canadian Payday Loan Association, approximately 2 million Canadians
turn to payday loans, which are convenient but can be expensive. MogoMini is up to 93%
cheaper than a payday loan*—you pay about $0.11/$100 per day on the amount borrowed,
up to $2,500 (39.9% AIR). It’s also better than paying $45 every time you write a cheque
that you can’t cash, plus it gives you the chance to work up to a better rate with the Level
Up program. Get money, and pay it back just as quickly.
With MogoZip, you can save up to 50% compared to payday loans—our 2-week term
rate is only half the cost of the regulated rate cap. Designed to give MogoMembers with
poor credit scores an opportunity to lower their cost of credit and help them get out of
debt sooner, MogoZip can be used for unforeseen emergencies or to avoid a bounced
cheque and the hefty bank and merchant fees attached to an NSF.
MogoMini
MogoZip
Amount: $100 to $2,500 Term: 12 months
Amount: Up to $1,500 Term: 14 to 30 days
*Save up to 93% based on comparison of MogoMini $1.53 per $100 for 14 days (AIR 39.9%) to payday loan rate at maximum provincial rate cap of $21/$100 in Ontario and save
up to 50% based on comparison of MogoZip at $10.50 per $100 for 14 days to payday loan rate at maximum provincial cap of $21/$100 in Ontario.
THE SOLUTION
6. 6/11
MOGO PRESS KIT
Level Up
Mogo’s signature socially responsible debt-relief
program, Level Up, automatically lowers interest rates for
MogoMembers with positive payment histories. Included in
all our loans, Level Up gives MogoMembers with less-than-
perfect credit a path to continually lower the cost of their
loan, even if their credit score remains unchanged. 66% of
MogoMembers have been Levelled Up to achieve either a
larger loan amount or a lower interest rate than the one they
started with. Through this very successful program, Mogo
hopes to continue helping Canadians across the country
escape the vicious cycle of payday loans and revolving
credit card debt.
Starting at 16.9%? Get to
12.9% in 12 months.
OF CURRENT
CUSTOMERS HAVE
LEVELLED UP
66%
LevelUPto
betterrates
Levelled Up after 12
months in good
standing
Levelled Up after 4 loans
with no defaults
THE SOLUTION
7. 7/11
MOGO PRESS KIT
Free credit score
100-Day Money-Back Guarantee
No prepayment fees
It pays to be informed.
We’re happy if you’re happy.
Go on, pay it off early.
56% of Canadians have never checked their credit score*. Smart borrowers (or people
who are just smart with money in general) check their credit score at least once a year to
make sure they’re getting the best rates possible, to protect themselves against identity
theft—and if you’re making a get-out-of-debt plan, wouldn’t it be nice to know where
you’re starting at? That’s why when you get a loan with Mogo, we pay for and give you
your Equifax credit score, free of charge.
Relationships take time. We totally understand. That’s why we’re giving you 100 days to
make sure that you’re 100% satisfied—wait no, happy—with Mogo. If not, we’ll gladly give
you your fees back.
Late fees, totally understandable. But being penalized for paying off a loan early? That’s
bonkers, and we don’t believe in that. That’s why we won’t charge you any prepayment
fees—just a high five, maybe.
THE SOLUTION
Every Mogo loan comes with:
*http://business.financialpost.com/personal-finance/more-than-half-of-canadians-have-never-checked-their-creditscore-bmo-report-says
With calendars that are bursting with dinners, appointments, and deadlines, it’s hard to keep
track of what is due and what needs to be done. Even if we get penalized by hefty fees for
being late with, say, a payment. Mogo understands, which is why it offers Smart Alerts to
remind customers of upcoming payments. It’s human to forget and divine to remind, right?
Something like that...
Smart Alerts
Because knowing is half the battle.
8. 8/11
MOGO PRESS KIT
MogoCard
All the benefits of a debit card
and a credit card without the
fees or interest.
Mogo will be launching our next generation MogoCard
later this year. Canada’s only free Prepaid Visa Card with
no monthly fee and multiple designs, MogoCard offers the
financial control of a debit card, without the usual banking
fees, and the purchasing convenience of a credit card
without the interest. Enabled with state-of-the-art Paywave
and Chip-and-PIN technology, MogoCard holders will be
able to choose from a selection of exclusive designs created
by a growing roster of internationally acclaimed artists.
“Easy for me to load, no fee and easy to
sign up.”
@mrcavaliere
THE SOLUTION
9. 9/11
MOGO PRESS KIT
#MogoPerks
MogoMembers receive exclusive access to street-level
giveaways, online contests, tickets to high-profile events, as
well as priority VIP access to Mogo events across the country.
Our signature cross-Canada #MogoPerks parties, including the
Mogo Presents: Adulting 101 Road Show, mixes financial literacy
with other life skills you need to know, such as wine tasting, how
to dress for any occasion and how to perfect your golf swing —
all taught by experts in their field.
#MogoPerks - Toronto Party
#MogoPerks - Italian Day Pizza Giveaway
#MogoPerks - Adulting 101
“Got Sunday-schooled by Mogo as part of
their financial education series! Big thanks
for the session!”
@workinggirlinc
THE SOLUTION
10. 10/11
MOGO PRESS KIT
Chantel Chapman is an entrepreneur, educator and Mogo’s
Financial Fitness Coach. With over a decade’s experience
as a mortgage broker, Miss Chapman recognized a need for
financial education with many of her first-time homebuyers.
She began creating custom content to help guide them.
Volunteering as a Junior Achievement teacher, she then
developed a “smart money” program to help youth and
young adults make healthy fiscal choices, eventually
teaching at-risk youth charities such as Covenant House and
The Boys Club Network. Miss Chapman is also the founder
of Holler For Your Dollar, a consulting firm that jump-starts
anyone who’s ready to dive into the world of Adulting
or entrepreneurship. Her role at Mogo puts her skills to
use creating and teaching digestible, yet educational
financial literacy content geared to millennials and daring
entrepreneurs.
Chantel Chapman
Get smart financial content from our
Financial Fitness Coach.
Mogo Blog
Who says finance can’t be both practical
and fun?
THE SOLUTION
11. 11/11
MOGO PRESS KIT
David Feller founded Mogo in 2003 and currently serves as the Company’s
Chief Executive Officer and as a member of our Board of Directors. Mr. Feller is
a pioneer in online lending and a passionate advocate of helping all consumers
improve their financial health regardless of their financial position. Mr. Feller is a
former member of the Young Entrepreneurs Organization (YEO) of Canada and is
a graduate of the University of Western Ontario with a Bachelor of Arts degree.
Mr. Feller’s experience leading the business over the past 12 years, along with his
responsibilities for the strategic direction, product innovation and management
of Mogo’s day-to-day operations, bring broad industry and specific institutional
knowledge and experience to the Board of Directors.
Gregory Feller is a co-founder of Mogo and has served as the Company’s
Chief Financial Officer since August 2011, and has served as a member of our
Board of Directors and President of the Company since April 2015. Prior to his
appointment, Mr. Feller was a Managing Director and Co-Head of
the Technology Investment Banking Group at Citadel Securities, a financial
services group. From 2008 to 2010, Mr. Feller was a Managing Director at UBS
Investment Bank, a global financial institution. Prior to joining UBS, Mr. Feller
was a Managing Director with Lehman Brothers from 2001 to 2008 and a Vice
President at Goldman Sachs & Co. from 1998 to 2000. Mr. Feller has a Bachelor
of Administrative and Commercial Studies from the University of Western Ontario
and a Masters of Management from the Kellogg School of Management at
Northwestern University, where he graduated Beta Gamma Sigma.
David Feller
Founder, Chief Executive Officer and Director
Greg Feller
President, Chief Financial Officer and Director
Zinc Strategies
For all media inquiries, please contact:
Marci Hotsenpiller
+1 (250) 650 6524
marci@zincpr.com
WHO IS MOGO