PNC Financial Services Group offers a personal installment loan for borrowers who want to borrow up to $35,000. The lender's Personal Unsecured Installment Loan give customers access to money without the need for collaterals like properties. Borrowers can use...
The cryptocurrency lending company SALT announced its decision to add Dash for collateral options on Tuesday, April 9, as reported by Crypto-Economy. This will allow their users to collateralize their digital currency holdings and Masternode for loans.
In a Medium...
18In the past years, it seems that more and more Americans are keen on getting their own cars. According to Statista, auto loan balances in the United States from 2016 to 2018 increased from $1.005 trillion in the first...
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...
Korean tech giant Samsung launched its digital lending platform called Samsung Finance+ in India on Thursday, Sept 26. According to a report from Reuters, the financing product was engineered to help boost Galaxy smartphone sales in the South Asian...
The central bank of China recently lowered the benchmark lending rate to 4.25%. The government’s decision stems from the country’s current trade war with the United States, alongside its desire to reduce funding costs, says Financial Times.
Last Saturday, the...
The number of American homeowners who fell behind in paying their mortgages in the first quarter climbed from an 18-year low at the end of last year, the Mortgage Bankers Association (MBA) said.
The delinquency rate grew to 4.42% in...
A number of international investors are eyeing Saudi’s most profitable state-owned oil company, Aramco, with its recent announcement of opening up the bond market for retail investors.
This news is apart from last month’s $12 billion bonds sold in the...
The National Privacy Commission of the Philippines is currently investigating complaints filed by borrowers of mobile lending apps, reports Rappler. Digital lenders allegedly ‘debt-shame’ borrowers who fail to pay their dues on time.
The companies conduct the purported ‘debt-shaming’ by...
The new mortgage stress test practiced in Ottawa, Canada is seen as the main motive as to why mortgages declined since 2018. Following this news, CIBC states that the country should review its stress tests to see how these...
