Friday, November 22, 2019
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...
New York-based early-stage company Celsius grew from crypto lending company to a billion-dollar lending business, says CoinDesk. According to digital assets company BitGo, Celsius deposited around $1 billion in cryptocurrencies in 2018. This comes after the firm significantly gained...
The UK witnessed a significant increase in the number of first-time home buyers, according to the Mortgage Finance Gazette. This reflects a great development after 2006’s low numbers. Last 2018, there were 370,000 first-timers indicating a 1.9% growth. In...
US syndicated lending dropped to its lowest quarterly level since the first quarter in three years. As many borrowers postponed their activities following the volatility in the market in the fourth quarter last year and growing economic concerns. The loans...
On June 6, 2019, Possible Finance announced its successful round of funding. The company closed a whopping $10.5 million in funding under the Series A equity financing, reports Mena FN. The press release states that Canvas Ventures led the recent...
Many lending companies in India have not implemented lower interest rates as suggested by the country’s central bank. As a result, authorities are compelled to make more room for adjustments in terms of policies. According to The Economic Times,...
The Chinese government held a peer-to-peer (P2P) lending crackdown in the country. Following this, the founder of Zendai Group, Dai Zhikang, surrendered to the authorities after witnessing the downfall of his lending firm Laocaibao. According to the South China Morning...
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...
India-based startup Paysense is set to explore lending opportunities with the acquisition of a new non-banking finance company. In a report from Economic Times, the venture-backed, financial services startup is said to be currently seeking the approval of Reserve Bank...
In a recently published annual report by LendEDU, the firm revealed that the current student loan debt in the whole country amounted to $1.52 trillion, with countless individuals living in debt as they graduate from school. Following this, numerous...

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