Viet Nam Prime Minister Nguyen Xuan Phuc recently signed a directive aiming to combat the so-called ‘black lending,’ says Viet Nam News. This move was made to fight against loan sharks who earn an excessive amount of money by...
News about the national interest rate of 36 per cent limit for a mortgage, car loans, payday loans and other consumer credit transactions are now being revived by Senator Dick Durbin.
Durbin is reintroducing a bill called ‘Protecting Consumers From...
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...
UK-based fintech and mortgage lender startup Proportunity has secured a £2 million fund in a seed round held last week. According to the fintech lender, the collected funds will be used to develop its home equity lending platform, which...
Gurgaon-based online lending platform Indifi has raised a total of ₹1,450 million ($21 million) in its series C financing round led by UK's development finance institution, the CDC Group, along with other existing investors, such as Accel India, Omidyar...
State Bank of India Chairman Rajnish Kumar recently stated that the country’s non-bank financial institutions are finally recovering after years of struggling. CNBC reported that these “shadow lenders” in the sector are still facing some issues but are in...
For the first time in nearly three years, mortgage lenders in the U.S. turned optimistic about profits in the second quarter as falling interest rates led to a surge in demand for home loans, a recent Fannie Mae survey...
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...
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...
Peer-to-peer (P2P) lending is set to be worth nearly $900 billion in 2024, according to a report by Transparency Market Research (TMR). TMR attributed the boom of the P2P lending industry on the advancement of technology, the aftermath of...
