This will not only enhance the gender based equality, but also make the females more independent. There has been initiatives taken in the same respect by companies like Infosys wherein they hire an almost equal number of females as is males and then even in case the results of tests indicate any difference in the technical skills, they provide essential training so that all come up to the same level of competitiveness and that is an approach that almost all companies must adopt in order to attain female members with equal technological skills as that of male members.

This will balance out the issues at workplaces as there would not be a majority of male members and hence female members will also have equal rights and will enjoy the same kind of freedom as males because they also have equal power. Irrespective of quotients, education must be considered significant and must be given more weight age and in order to achieve that, education standards have to be risen. There is an advanced need of HR to otherwise hire balanced employees and if required, bring them to the same level before they are pushed into the actual corporate activities where their potentials are on display.

Representative APR 391%. Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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