दो अलग-अलग स्कूलों में नामांकन कर सरकारी योजनाओं का लाभ लेने के फर्जीवाड़े पर अंकुश लगाने के लिए छात्रों की प्रोफाइल तैयार कराई जा रही है। नई शिक्षा नीति के तहत इस व्यवस्था को सरकारी के साथ निजी स्कूलों में भी लागू किया गया है। इसके तहत बच्चों की प्रोफाइल शारदा पोर्टल पर अपलोड की जा रही है लेकिन कई निजी स्कूल पोर्टल पर प्रोफाइल तैयार नहीं कर रहे हैं। इस पर बीएसए ने नाराजगी जताते हुए स्कूलों को चेतावनी दी है।
पोर्टल पर बच्चे का आधार कार्ड, नाम, पता सहित जरूरी दस्तावेजों को अपलोड किया जा रहा। विभागीय अधिकारियों के मुताबिक कई अभिभावक सरकारी लाभ लेने के उद्देश्य से बच्चों का नामांकन दो-दो स्कूलों में करा देते हैं। इस व्यवस्था के शुरू होने से फर्जीवाड़े पर अंकुश लगेगा। इस संबंध में शिक्षकों का कहना है कि पोर्टल में तकनीकी खामियों के चलते ज्यादातर शिक्षकों आए दिन जूझना पड़ता है।
शिक्षकों को इस कार्य के लिए न टैबलेट दिया गया और न ही लैपटॉप आदि की व्यवस्था कराई गई है। ऐसे में मोबाइल से यह काम कराना बेहद चुनौती पूर्ण साबित हो रहा है।
PayPal Loanbuilder
SERVICES OFFERED BY LOANBUILDER
LoanBuilder issues short-term business loans. While many other business financiers offer similar funding, LoanBuilder stands out from the pack for a few reasons: the loans are relatively inexpensive, borrowers don’t have to pay an origination fee (or any other upfront fees), and borrower requirements are low.
HOW IS LOANBUILDER DIFFERENT FROM PAYPAL LOAN?
LoanBuilder and PayPal Business Loans are one and the same. In fact, you may notice that when you begin the application questionnaire, the service is called PayPal Business Loan instead of LoanBuilder. At one point there had been plans to phase out the LoanBuilder brand name, but that hasn’t happened yet.
HOW IS LOANBUILDER DIFFERENT FROM PAYPAL WORKING CAPITAL?
PayPal Working Capital is another business loan service offered by LoanBuilder’s parent company. Like LoanBuilder, PayPal Working Capital provides short-term business loans.
PayPal Working Capital is a useful tool, but it’s only available to PayPal sellers. By contrast, LoanBuilder can be used by most businesses — PayPal sellers or otherwise. LoanBuilder also offers higher possible borrowing amounts, and the amount merchants can borrow is based on the business’s entire revenue (not just its PayPal sales). Check out the next section to see if you have a good chance to qualify for a LoanBuilder loan.
LOANBUILDER BORROWER REQUIREMENTS
LoanBuilder has pretty relaxed borrower qualifications, but its list of ineligible industries is rather lengthy and includes attorneys, nonprofits, financial services, and others. Below are the minimum requirements your business must meet to have a good chance of qualifying for a LoanBuilder loan:
Ineligible Industries (click to expand)
Your business must also be based in the United States. Additionally, you must not have any active bankruptcies.
LOANBUILDER INTEREST RATES & FEES
Rating: Good
Here are the current rates and fees for LoanBuilder loans:
prequalification form. You can choose to sign in using your PayPal account (in which case LoanBuilder will already have some of your information) or as a guest. The application has five steps: Contact Info, Personal Info, Business Location, Business Details, and Verify Identity. In all, LoanBuilder advertises that this form only takes five to ten minutes to complete.
Here is the type of information you’ll have to provide in each step (note that the information might vary based on your type of business):
The first step is Contact Info, in which you must supply contact information, such as your name, email address, phone number, and intended use of the loan proceeds.
Next is Personal Info, in which you must supply your home address and personal phone numbers.
For Business Location, you will have to submit your business address and business phone numbers.
For Business Details, you’ll supply relevant information, such as your business entity type, trade name or DBA, state of incorporation, annual business revenue, business start date, number of full-time employees, and business industry and sub-industry.
On the final section of the loan application, Verify Identity, you will include information such as your date of birth, SSN, what percentage of the business you own, and your federal tax ID. LoanBuilder will use this information to perform a soft pull on your credit, which will give the lender a sense of your credit history. Supplying this information will not affect your personal credit score.
Unforeseen Roadblocks: Some customers, either due to miscommunication or mishap, said the application and funding experience turned out to be more complicated than anticipated.
Confusing Terms: Though sometimes due to unfamiliarity with short-term loan terminology, some customers found themselves unprepared to meet the terms.
Short Repayment Terms: Repayment must take place in a maximum of 12 months. That’s not a long time. The weekly repayments will be much higher than they would be if you got a more extensive term length.
Inflexible: Some complaints focused on the inflexibility of LoanBuilder’s terms when they ran into difficulty meeting the payment schedule.
COVID-related Issues: Many of the more recent complaints involve difficulties repaying during the 2020-2021 global pandemic, as well as confusion surrounding PPP applications.
POSITIVE REVIEWS & TESTIMONIALS
LoanBuilder has several testimonials on its website, a lot of positive reviews on Trustpilot, and a few positive experiences on the BBB. Customers usually like the following:
Fast Time To Funding: Despite the costs of doing so, being able to get capital fast has its virtues.
Helpful Customer Service: For the most part, customers appear to be satisfied with the service and support offered.
Weekly Repayment Terms: Most MCA and short-term loan providers deduct a portion of your sales every day. For many businesses, weekly deductions are much easier to handle.
Transparent Fees: LoanBuilder has few surprises as far as fees go, which is somewhat rare for this type of product.
FINAL VERDICT
LoanBuilder’s loans are fast, easy, and a little more flexible than your average fintech business loan. PayPal’s move away from transparency over the last two years is puzzling, and definitely a step in the wrong direction, but the service remains among the better short-term loan offerings out there.
While some borrowers might want to look for a loan with longer repayment term lengths, LoanBuilder has a lot to offer the right type of business. In other words, if your business needs a short-term infusion of capital, or you can’t qualify for financing elsewhere, LoanBuilder is worth including in your comparisons.
