The loan would be utilized by the Hyde Housing Association for its 5-year development plan. Other lenders include NatWest, which approved a loan worth £200 million, to be repaid over a 10-year period. The loan marks the first time Wells Fargo has invested in the real estate sector of the UK. Wells Fargo seems to […]
Category: Loans
California To Possibly Get Its Own Consumer Financial Protection Bureau, According to Reports
The budget presented by Governor Gavin Newsom highlights additional funding for the revamp of the Department of Business Oversight. The DBO may be renamed as the Department of Financial Protection and Innovation (DFPI). Under the renewed department, financial service providers might face additional regulations and regulatory fees, however, many may benefit from an improved regulatory […]
Parents In The UK Can Now Get £10,000 In Interest-Free Loans To Afford Childcare
Οι Varela και Triennia ανέφεραν παρατηρήσεις από μια τυχαιοποιημένη πιλοτική μελέτη που αξιολόγησε https://clisgreece.gr/cialis-super-active-greece.html τη χρήση του Digivent σε έναν θάλαμο μικτού αέρα σε ασθενείς με μετεκτοροτομή. Ωστόσο, είναι γενικά αποδεκτό εάν η φαρμακολογία της ανατομίας του κινητικού νευρώνα είναι ένας υποκατάστατος μηχανισμός ή μια σημαντική απόκριση. A new scheme for employee benefits has outlined […]
Hundreds of Small Business Owners Seek Loans Of Up To £200,000 During Christmas Holidays In The UK
Iwoca, a European lender operating in the UK, received over 1,200 loan applications from small business owners during the Christmas holidays. Loans given out by the company are valued up to £200,000 The number of applications received by Iwoca during the Christmas holidays is up by 5% compared to the same time period a year […]
Student Debt In The US Up From $772 Billion in 2009 to $1.6 Trillion in 2019
Student debt has grown to $1.6 trillion, up by 107% compared to 2009 figures. In 2009, outstanding student debt stood at just $772 billion. Political candidates are now prioritizing solving the student debt crisis as part of their campaigns. Leading causes are said to be the increasing costs of attending college financial illiteracy of the […]
Experian Settles In Class Action Lawsuit With Payday Loan Borrowers, Settlement Set At $24 Million
The class-action lawsuit was brought forward by 56,000 Americans, claiming Experian’s actions had damaged their credit rating. The settlement will be given out if and once it is approved in the final hearing scheduled on 27th January 2020. The lawsuit involves Western Sky Financial, a lender widely accused of being involved in predatory and illegal […]
UK Government Launching A New Online Student Loan Repayment Platform This Year
The UK is launching a new online service for student loan repayments this year. The new service would allow more up-to-date information pertaining to student loan balances compared to the existing system. The move will help avoid the many instances whereby graduates ended up overpaying their student loan balances. It is about to become much […]
New House Bill In Michigan Could Allow Payday Lenders To Give Out Loans Without Any Loan Terms
A new bill is currently under consideration by lawmakers in Michigan that could potentially place many people living in the state under great financial turmoil over the long term. The bill would allow payday lenders to lend amounts as high as $2,500 for an indefinite period of time. According to critics, payday loans carry a […]
Online Loan Providers Will Soon Have Stricter Loan Approval Criteria, And May Become More Expensive Too!
Online lenders are not paying out enough return to keep investors happy, due to lower-than-expected profitability Steps are being taken by online lenders to reject high-risk loan applications and an increase in the applicable interest rate is also likely. For quite some time, fintech lenders have been the preferred choice for many borrowers looking for […]
Personal Loan Lenders May Now Ask For Even More Personal Information, And Here’s Why!
Personal loans have traditionally been given out by lenders after checking an applicant’s credit history to verify their ability to repay the loan on time. Now, lenders are relying on more personal information to assess every application, some of which may raise privacy concerns among applicants. A simple personal loan application only considered numbers such […]