There has been a massive change in home loans in some of Australia’s dead zones.
According to the Digital Finance Analytics or DFA, location is a major factor for banks to allow home loans or mortgages. Some of these lenders...
Deutsche Bank recently announced it would exit global sales and trading of equities and reduce operations of its investment banking. It will also cut down 18,000 jobs by 2022.
The bank announced the move is part of its massive restructuring...
In light with the increasing student loan amount in the United States, two Utah congressmen are supporting the new house bill that would increase the transparency of student lending programs.
Rep. Ben McAdams and Re. Chris Stewart expressed their support...
Upstart has just announced that it has successfully raised $50 million in funding. Following this, the leading artificial intelligence (AI) platform is slated to build more partnerships with banking institutions to further their AI technology.
According to PR Newswire, Upstart...
Margarita Louis-Dreyfus, the heiress of the popular Louis Dreyfus Company (LDC), a trading house, announced her successful filing and borrowing of a $1 billion loan from the Credit Suisse. Following the partnership, the heiress put up her majority shares...
The International Monetary Fund said Australia should use lending restrictions to cool a sweltering property market, while also lowering its growth projection for 2021 by 1% owing to a new coronavirus pandemic.
The IMF staff noted in the closing statement...
The Congress and the Trump administration are still in dispute about the billion-dollar proposed funding for the United States and Mexico border. Considering these talks, The Guardian reports that in December 2018, the US federal government has officially shut...
Digital lending company Blend recently released a new offering for car buyers, PR Newswire reported. Blend’s newly launched auto lending product is consistent with the company’s goal to provide simple and transparent lending services to borrowers, while also streamlining...
Payments firm PayU has recently successfully acquired shares from PaySense, a digital lending platform. The acquisition is valued at $185 million, says Business Insider.
Under the deal, LazyPay, PayU’s lending business, will merge business operations with PaySense. The move aims...
Bank crackdowns and stagnant wage increases cause Australians to take unsecured ‘payday loans’ to settle housing debts.
Currently, Australia is among the top countries with the highest debt level to income ratio of the developed world. With banks restricting loan...
