#administration fee

(English below) Sie waren in diesem Jahr die ersten – jedenfalls in meinem Briefkasten: eine Hilfsorganisation, die Indianerkinder unterstützt, so sagen sie. Wie in jedem Jahr füllen in der Vorweihnachtszeit wieder Briefe von Organisationen die Briefkästen, die sich der Hoffnung hingeben, daß diese trauliche Zeit nicht nur die Herzen der Menschen weit, sondern diese auch spendenbereit…

Has VRE Travel taken over from Great Getaways Tenerife

Many consumers have been asking us this question in the past week as all of them seem to be receiving calls from the company VRE Travel.

VRE Travel explains on this call that Great Getaways Tenerife has gone into receiver-ship and is no longer trading so the £259 the consumers originally paid is no longer valid. But VRE has now taken over the customers and are prepared to honour Great Getaways’o…

New Post has been published on http://mocco.sk/a-roundup-of-17-online-logo-makertplaces/

A Roundup of 17 Online Logo Makertplaces

Logos play a vital role when it comes to branding. Effective branding means attraction and retention of customers as well as maintenance of a favorable public image. However, you need a clear and objective logo to enjoy these benefits.

First, you can create your own logo, which may go well or bad. A second option would be to hire a logo designer. On this article, I have outlined 17 online logo marketplaces where you can either buy a logo or host a logo contest.

1. Logo My Way

According to their site, Logomyway has over 15,000 logo designers creating unique logo designs for instant purchase and download. Once you buy a logo, your company name will be added to the logo design and sent to you within 24hrs. Your final file package will include an EPS vector file, JPEG, PNG and any other format you request directly from the winning designer. Your new logo can be used on Websites, T-Shirts, Mugs, Pens, and Business Cards. You can also ask for several different variations of your logo on Logo My Way. After your contest ends you have 14 days to select a winner.

As for payment, when you create a contest you will be asked for payment information. A 10% administration fee is automatically added to your bill. You may pay using PayPal or any major credit card. However, if you don’t receive at least 40 entries to your project, you get a full refund.

2. CrowdSpring

Once you order your logo on CrowdSpring, all you have to do is watch as dozens of talented creatives participate in your project and choose from an average of 110+ custom designs. You can pay for your project through major credit cards (Amex, MasterCard, Visa, Discover) or PayPal. You will be asked to pay for your project up front when you post it so that the sites Creatives know that you aren’t just “window shopping.” Once a project gets posted, Creatives from all around the world will spend time and energy contributing their ideas to your project. crowdSPRING charges a 15% fee on top of your total award amount.

3. BrandCrowd

BrandCrowd works by asking designers to submit logo designs that weren’t used in their agency adventures so they can make money off good designs that are going to waste anyway. Making money for work that’s already been done is an incentive to submit these designs. When you buy a design through the BrandCrowd marketplace, ownership of the intellectual property passes from the designer to you. Once you’ve purchased the design, there are no restrictions to how you can use it. you can also make an offer on the logos for sale. All you have to do is enter your offer price and include an optional message to the Designer. If the Designer agrees, you will receive notification via email and will be sent a discount code to complete your purchase. Now all you need to do is click “Buy Now”, enter your discount code, complete the transaction and the logo is yours!

4. Hatchwise

At Hatchwise, you have to decide what you need designed. Once you have done that, you go ahead and order the design and wait for the designers to submit custom designs for you. You can post a job for as low as $29 and post a contest for as low as $105. Contests run for 10 days, although you can pick a winner and end the contest at any time.

5. PimTim

PimTim is a marketplace for graphic design including logo design. You can choose if you want your brief and all entries to be visible not. Firstly, you will have to ask what you’re looking for and say how much money you want to spend on it. Secondly, sit back and see how worldwide creatives will upload their work and ideas. PimTim advices that you provide feedback to guide the creatives. Lastly, choose your winning design. Buyers pay in advance, so creatives can be assured that they will get paid. PimTim has a special escrow foundation just for this purpose. Additionally, with less than 25 entries, you will not be obliged to choose a winner. You will receive a full refund.

6. 99 Designs

At 99 Designs, you will have to compile your design brief by answering questions on the website. after that, you will post your job and review submissions by designers. You will then have 7 days to pick a winning design. Logo designs cost anywhere from $299 and $799. At 99designs, you will be required to pay for your design contest up front. This assures designers that you’re able to pay your contest’s prize. You can use Visa, MasterCard, PayPal and American Express to make your payments.

7. Stock Logos

StockLogos.com is an identity design community offering creative, high-quality and affordable logos for download. On StockLogos, you have two options to have a logo created: pick one from the store or get it designed through a contest. Currently you can pay with PayPal or Credit Card processed by PayPal. If you pay with eCheque on PayPal, the transaction takes approximately 3 working days to go through. By default you will receive an EPS four color process vector file, which is resolution independent meaning you can enlarge it to any size without loss of quality.

8. Logo Labs

Logo labs acquiring specific information and requirements from you before the logo design. Next they research and visualize logo concepts, design logo samples, Iterate selected logo design and finally deliver your logos in specified formats. Additionally, you can also buy readymade logos from this site. You can issue your payments through major credit cards and PayPal. Another benefit is that revisions are unlimited, but they cost only $10 per iteration.

9. Logo Templates

Logo Templates is a boutique international branding studio specialists in affordable pre-designed logo templates, stationery and business card images. The payment for your logo template is a one-time fee. After purchasing, you may use the template as many times as you need. An added advantage is that Logo Templates offer a full 100% money back guarantee on all Ready-made logos.

10. Logo in Logo

Logo in Logo is a logo website that has 18000+ of ready-made logo design Templates for you to purchase. You can also have your designs customized for $48.

11. Logo Contest

Logo Contest allows you to run your own logo design contest now from only $200 and receive 50-650+ logo concepts in just a few days. It is a middleman that connects you to thousands of professional graphic designers from around the world. The minimum price to Start a Contest is $200.00. Thw maximum prize amount is $2500.00. The suggested minimum for 40 – 75 designs is $200.00 while the suggested minimum for 80 – 175 designs is $500.00. The email blast fee is $39.00

12. 48 Hours Logo

48HourLogo allows logo clients to interact directly with logo designers in their quest of logo design. The minimum price to start a logo design contest is $99. If your contest receives less than 5 design submissions at the end of the qualifying stage, you can either request for a full refund or re-list your contest again free of charge. The final logo package includes JPG, PNG, PDF, and EPS.

13. Logo Arena

Logo Arena is the brain-child of its founder Usman Malik. Once you select your winning logo design, you will receive a legal ownership transfer from the winning designer. If you do not receive at least 50 entries, you will be given full refund. However, you may extend the contest for 3 additional days without any extra cost. Once the winner has been selected and the final logo files have been approved, you will receive a legal ownership transfer from the winning designer.

14. Design Crowd

DesignCrowd is an online marketplace providing logo, website, print and graphic design services. It provides access to freelance graphic designers and design studios around the world. You can receive 50+ designs from bidding designers. Payments to DesignCrowd are accepted via Credit Card (via RBS WorldPay), PayPal or MoneyBookers. The minimum recommended budget for logo design is $220 and $940 for first class designs.

15. Logo Tournament

At logo Tournament, you can post a logo contest for $275. One of the main benefits from this site is that you choose from 50-200+ custom designs. The listing fee is $39 and the prize handling fee is 10%. If your contest does not receive at least 30 unique entries, you will be provided with a 100% Refund. If your contest receives over 30 unique entries, we will also provide a full refund less a $75 participation fee which will be paid to the best ranked designer.

16. Design Contest

The average amount paid by a client on Design Contest for a logo design contest is $290. This includes both the designer payout and our commission & handling. The fees for running a contest vary depending on the category; the package you choose; the duration of your contest and the upgrades you choose. You will be able to see how your money is divided into prize money and fee amount when you’re setting up a contest, before you pay anything. On average 100 designs are submitted for a logo design contest. After you’ve chosen a winner, the designer has 24 hours to send you the source files.

17. Freelancer

Freelancer has beed known as a Freelancing job site. However, now you can host a design contest, judge every design entry, request edits and only award the best one. Additionally, you get your prize money back if you don’t select a winner or are unhappy with the result. After you have chosen a winner, you’ll start a quick process to legally own the winning logo. The prize money is only released once you are 100% happy with the design.

"Going In and Going Out" is a term I use to describe the mortgage transaction I had with Scott Veerkamp. This term is synonymous with Bait and Switch. Please take a moment to review the following explanation:

The "Going In" phase typically represents a statement from Scott's website or his affiliation with NAR. As I mentioned earlier, this statement is often used as "BAIT."

The "Going Out" phase shows the financial result for his client. As you might expect, this is where the "SWITCH" takes place. Please review the following "Going In and Going Out" examples... ( * indicates junk fee )

Group A: 1. "Serving Others First" going in---and a $500 "processing fee" going out.* 2. "Keeping the interest of my clients above all else" going in---and a $960 "application fee" going out.* 3. "Dedicated to providing the finest service possible" going in---and a $150 "underwriting fee" from the lender going out.* 4. Scott describes himself as a "Super Servant" going in---and Scott "blindsides" his client with a $4,799 "Yield Spread Premium" going out. 5. "Protecting and promoting the interest of his client" going in---and a $409 "administration fee" from the lender going out.* 6. Following the "Golden Rule" going in--and $1,920 in "discount points" going out.* 7. "Someone You Can Trust" (public awareness campaign) going in---and thirteen examples of "deception" and "financial harm" going out.

Group B: 8. "Be truthful in all communications with the public" going in---and Scott collects $6,239 in "secret bonus payments" and YSP going out. 9. "Fairness and high integrity" going in---and a $35 "electronic filing fee" going out.* 10. "We go the extra mile to help you achieve your goals" going in---and a $425 "administration fee" from the lender going out.* 11. "We'll make your home buying or selling experience a pleasant one" going in---and a $250 "document preparation" fee going out.* 12. "You can trust our REALTORS to always put your interest first and foremost" going in---and a $1,440 "Yield Spread Premium" going out. 13. "You need a professional team that understands the industry and is positioned to stay ahead of the game" going in---and a $50 "courier fee" going out.* 14. "We will do our very best to help you get the lowest interest rates possible at the lowest possible price" going in---and a whopping $10,938 in junk fees and "kickbacks" going out.

Hopefully, this information will give you a better understanding of Scott's "switching" technique. He consistently does the opposite of what he says he is going to do. As you can see, he often receives a large financial sum for "steering" people into high cost loans. Unfortunately, these large financial gains are coming at the expense of the public.

In summary: The examples above total $10,938 in junk fees and kickbacks, or $5,469 per loan. Scott collected $6,239 in Yield Spread Premium from the lender. As discussed earlier, the Center for Responsible Lending says YSP "steals equity from struggling families." Nonetheless, Scott describes this scenario as: "Keeping the interest of his clients above all else."

http://www.realtor.org/home_buyers_and_sellers/how_to_avoid_predatory_lending

Please review the National Association of Mortgage Brokers policy on processing and administration fees:  

NAMB says processing and administration fees are a violation of their Code of Ethics "because they are generally not related to any actual service performed by a broker."

When I filed my initial complaint with REMAX of Indiana, Jonathan Nicholas had the following designations:  NAR, CRB, CRS, and GRI.

As I mentioned earlier, my initial complaint included documentation of Loan Steering and Predatory Lending.  Likewise, I informed Jonathan that Scott Veerkamp removed my property from the MLS without my permission.

Please review this important information:

1. Jonathan Nicholas refused to meet with me and discuss my experience with the REMAX Central Sting Operation.  2. Scott Veerkamp made approximately $26,000 on a $120,000 property with a "land contract scam."  3. Scott refused to conduct an open house on this property.  4. Scott lived "one block down the street" from this property.  5. Jonathan Nicholas presented Scott Veerkamp with a "Lifetime Achievement Award" for misrepresenting the value of this property and stealing my money.  6. Scott used the award to recognize himself with another advertisement in Christian Phone Book.  7. Apparently, this is supposed to be an example of how to "protect and promote the interest of your client."  8. In reality, this felt like a "mafia hit" on behalf of the REMAX organization.  9. This "mafia hit" included the following components:  A. Loan Steering  B. Predatory Lending  C. Inflated property value  D. Land contract with a "due on sale" clause.  E. $26,000 "heist" for Scott Veerkamp...

REMAX agent David Bickell was the President of the Metropolitan Indianapolis Board of Realtors (local association) in 2008.  Likewise, REMAX agent Dick Gaylord was the President of the National Association of Realtors in 2008.  Clearly, there is a "pattern of deception" emerging with REMAX, NAR, and Loan Steering.   

Please take time to review this example of Scott Veerkamp's deception:  "You can trust our Realtors to always keep your interest first and foremost."

Loan 1:  (Property value $150,000)  A. $4,799 yield spread premium  B. $500 processing fee  C. $250 document preparation fee  D. $50 courier fee  E. $35 electronic filing fee  F. $425 administration fee (lender fee)  

Please review this information from U.S. Senator Jeff Merkley regarding deceptive lending practices.  Senator Merkley makes the following statement in his letter to the President:

"Steering payments were made to brokers who enticed unsuspecting homeowners into deceptive and expensive mortgages.  These secret bonus payments, often called yield spread premiums, turned home mortgages into a SCAM."

In addition, Senator Merkley references an article in the New York Times entitled "Predatory Brokers."  The article makes two important statements regarding predatory lending:  1. "The first step must be to outlaw the kickbacks that lenders pay brokers for steering clients into costlier loans."  2.  "The most clearly unethical form of payment is the so-called yield spread premium." 

NAR members are supposed to help their clients avoid predatory lending tactics.  The code of ethics requires them to follow the "Golden Rule" in the representation of their clients. 

If Scott Veerkamp was applying for a loan, would he select a mortgage that is loaded with yield spread premium and junk fees?  The answer to this question is obvious.  Unfortunately, Scott refuses to comply with the "do unto others" philosophy in the code of ethics.  He uses NAR as a selling tool to build trust with his clients.  After gaining trust, he "blindsides" his clients with YSP so he can receive a kickback on their loan.

This concept is called "steering" and it can be very costly for consumers.  No one would agree to a higher interest rate if they understood the financial impact it was having on their loan.  This is why Senator Merkley refers to yield spread premium as a "secret bonus payment."

Please take a moment to review two examples of predatory lending using YSP and junk fees:  Loan 1:  (Property value $150,000)  A. $4,799 yield spread premium  B. $500 processing fee  C. $250 document preparation fee  D. $50 courier fee  E. $35 electronic filing fee  F. $425 administration fee (lender fee)  

Loan 2:  (Property value $120,000)  A. $1,440 yield spread premium  B. $960 application fee  C. $1,920 in "discount points" (paid to Scott Veerkamp)  D. $409 administration fee (lender fee)  E. $150 underwriting fee (lender fee) 

I have provided documentation Scott collected nearly $10,000 on two separate mortgages using YSP and junk fees.  This is an average of $5,000 per loan.  This type of lending represents the extreme opposite of "protecting the interest of the client." 

Re:  Scott Veerkamp / Franklin Township Education Foundation.   

When I filed my initial complaint with REMAX of Indiana, Jonathan Nicholas had the following designations: NAR, CRB, CRS, and GRI.

As I mentioned earlier, my initial complaint included documentation of Loan Steering and Predatory Lending. Likewise, I informed Jonathan that Scott Veerkamp removed my property from the MLS without my permission.

Please review this important information: 1. Jonathan Nicholas refused to meet with me and discuss my experience with the REMAX Central Sting Operation. 2. Scott Veerkamp made approximately $26,000 on a $120,000 property with a "land contract scam." 3. Scott refused to conduct an open house on this property. 4. Scott lived "one block down the street" from this property. 5. Jonathan Nicholas presented Scott Veerkamp with a "Lifetime Achievement Award" for misrepresenting the value of this property and stealing my money. 6. Scott used the award to recognize himself with another advertisement in Christian Phone Book. 7. Apparently, this is supposed to be an example of how to "protect and promote the interest of your client." 8. In reality, this felt like a "mafia hit" on behalf of the REMAX organization. 9. This "mafia hit" included the following components: A. Loan Steering B. Predatory Lending C. Inflated property value D. Land contract with a "due on sale" clause. E. $26,000 "heist" for Scott Veerkamp...

REMAX agent David Bickell was the President of the Metropolitan Indianapolis Board of Realtors (local association) in 2008. Likewise, REMAX agent Dick Gaylord was the President of the National Association of Realtors in 2008. Clearly, there is a "pattern of deception" emerging with REMAX, NAR, and Loan Steering.

Please take time to review this example of Scott Veerkamp's deception: "You can trust our Realtors to always keep your interest first and foremost."

Loan 1: (Property value $150,000) A. $4,799 yield spread premium B. $500 processing fee C. $250 document preparation fee D. $50 courier fee E. $35 electronic filing fee F. $425 administration fee (lender fee)