Thursday, May 2, 2024
Westlake Financial Services, the largest privately held finance company in the United States, announced Wednesday, Oct 9, the launch of its commercial real estate lending subsidiary, Westlake Capital Finance. According to a press release, the newly-established program will provide Commercial...
The Landbank of the Philippines, the state-owned banking institution of the country, now provides simpler, more accessible, and more affordable loan applications for farmers. Following this, Landbank also streamlined its simplified lending procedure. According to Cecilia Borromeo, Landbank president and...
The Jubilee Debt Campaign (JDC) alleged that the International Monetary Fund (IMF) recklessly lends to highly indebted countries. This practice goes against its own policies against lending to entities without making sure that the debt will be sustainable. According...
Edinburgh-based fintech lending platform LendingCrowd has entered into a “strategic partnership” with the Institute of Chartered Accountants of Scotland (ICAS) to seek alternative options for business loans. According to a report from Insider.co, under the said deal, the ICAS will...
The New York Attorney General filed a suit last Oct. 7, against a loan servicer for ‘mismanagement’ of student loan forgiveness. Attorney General Letitia James claimed that the Pennsylvania Higher Education Assistance Agency (PHEAA) had failed miserably to administer the...
Developing financial technology facilitated the operations of digital lenders in Kenya. With the success of digital lenders, more and more Kenyans have access to additional, albeit borrowed funds. Quartz Africa said that this led to the creation of a...
Non-profit KiwiSaver provider Simplicity is set to enter the mortgage market following its recent announcement of a mortgage offer for buyers with first home loans with a lower floating interest rate compared to other bank offers. According to a report...
The US Federal Trade Commission (FTC) is sending a total of $5.4 million in compensation to nearly 40,000 people affected by the student loan debt relief scam. People who send fees to EZ Doc Preps for student loan relief services...
In a press release published in Bitcoin, Bankera announced that it will be launching crypto-backed loan solutions. Bankera Loans, the firm's own solution to lending needs, is part of its move to develop blockchain-based banking services. The lending service seeks...
Philippine Defense Secretary Delfin Lorenzana aims to provide an exemption to loan grants coming in from Australia. Lorenzana’s statement comes after Philippine President Rodrigo Duterte ordered a temporary loan ban for countries that voted in favor of investigating the...

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