Outline for Research Proposal Paper Example | Topics and Well Written Essays - 750 words

Outline for Proposal - Research Paper Example PAYDAY LOAN SERVICES IN A CONVENIENCE STORE Problem statement The writer will explore the feasibility of establishing a Payday loan service in Topeka, Kansas. The feasibility includes exploring options of locating the payday loan service in a convenience store that is accessible. The room will have a counter for disbursing funds and maintaining records. Research will include state and local requirements for establishing payday loan service as a sole proprietorship, competitors’ analysis for internal assessment for crafting payday loan service strategies, and a market analysis to study the lending rates and charges in relation to pay loan services in Kansas State. Research questions 1. Who are the users of payday loans? 2. Do the payday loans solve their financial problems? 3. What is the eligibility for obtaining a payday loan? 4. Who are the competitors in the market? Purpose statement To promote access to diverse, healthy and comprehensive financial services for households i n Kansas. This will be through offering cost-effective loan rates and innovative methods of loan applications for customer convenience. Literature Review What is a payday loan? Payday lending business will provide short terms loans for a maximum period of two weeks, to households who are in need of money or individuals that do not opt for other sources of credit.Caskey and John (2012), define a payday loan service as a loan gotten from a business that is not a bank. Thesebusinesses operate under different titles and take postdated checks as collateral. Hodson (2009) describes a payday loan as a short term borrowing where the borrower borrows money at a high interest rate. The borrower writes a postdated personal cheque in the month they wish to borrow including a fee in exchange for cash. The borrower does hold onto the cheques and cashes it on the agreed upon date. How pay day works The borrower visits a lending store and secures cash, which is due in full at the borrower’s next pay day. The borrower then writes a post dated cheque with the full amount including the fees. Upon maturity of the check, the borrower returns the loan and if he fails to, the lender redeems the cheque.The borrower incurs a bounced cheque fee from his bank plus the cost of the loan. The loan incurs additional fees and an increased interest rate for failure to pay (Schurter, 2012). The writer will have well laid down policies that govern mutual understanding between the business and the borrower, in that the borrower will pay the amount by the next pay day which will be after 14 days. Eligibility to qualify for the loan will be for persons with steady jobs and persons above the age of 18 years. This will be verified via pay stubs and bank statements. The process of loan involves the borrower securing a small cash loan pay, he then writes a postdated cheque which is a form of collateral to the business in the full amount plus loan fees to the business. When the cheque matures, t he borrower returns to the business to pay the loan in person. Advantages of payday loans Research by Payday Loan (2013) supports the merits that payday loans offer to its users. This service allows people with little no credit to get credit of $700 and above in a day. Less bureaucracy in application as the applicant only needs to provide proof of employment and recent pay stubs. Payday loans does offer quick cash for any reason and less paperwork is involved in the application as the

You have been put in charge of a dental team providing dental care to Essay

You have been put in charge of a dental team providing dental care to a large (100 bed) nursing home facility. Discuss the likely dental health needs of the res - Essay Example at dental care does not reach the elderly, particularly if they are residing in health-care institutions or nursing homes, where the care-takers may not give due importance to dental care.(Fiske J). This has resulted in more demand on dental care by such institutionalized elders. Several studies conducted in this direction, reveal that more than 65% of such patients require oral hygiene medication and treatment. (Mersel & others, 2000). Such patients are reported to be having prominent bone loss, with deep pockets around remaining teeth, while 85% are reported to have attachment loss, ranging from 4 to 6 mm. (Friel) The profile of people staying in a nursing home would vary drastically, ranging from those who can maintain themselves, physically and mentally; to those who are completely dependant on care-takers. The general consensus is that elderly people living in a nursing home suffer more from periodontal diseases, as compared to those living in their homes. There is lesser evidence of institutionalized elders seeing a dentist, as studies suggest that such percentage is significantly lower, when compared to national average. Various problems that such patients confront include poor oral care, older dentures, while many have old or damaged prostheses. In addition, according to such studies, presence of significant denture plaque was recorded, while 1 in 6 patients suffered from denture related stomatitis. Accordingly, the need was felt for concentrated prosthetic treatment for patients staying in a care home in Wolverhampton, particularly for those elders who had loose fitted or lost dentures .(Awath-Behar, 1990) While inadequate dental care may not be fatal, the affect of same results in such elderly patients being uncomfortable while eating food, with others. In addition, the quality of life depends on the number of healthy teeth, as indicators for same include the ability to choose one’s food and socialize, without any feeling of pain. The loss of teeth