Loans

SALT Blends Traditional Lending with Crypto-Collaterals

Gone are the days when money used to be backed by gold or commodities, thanks to the wide-spread adoption of credit-based economic systems where debt …

FinTech

Borrowing Money for College? It’ll Cost More to Pay it Back

(Image: iStock/Merlas)<p>Borrowing money for college just got a little more costly.<p>It’s been widely reported that interest rates on federal student …

Students

Brits applying for £30,000 wedding loans has risen by more than half

Despite the rise of high-street bridal collections and the fact that more than half of married Brits regret spending so much on their wedding, it …

Weddings

Ex-partner wants to force former girlfriend out of home

Q&A: Dominic Coyle answers your personal finance questions<p>about 21 hours ago Updated: about 19 hours ago<p><b>I bought my house in 2007 right at the peak</b> …

Mortgages

Yes Bank under-reported bad loans in March 2016, reveals annual report disclosure

Its shares fell by almost 4% after the central bank made public its annual report for fiscal year 2017.<p>Yes Bank had under-reported its non-performing …

Indian Economy

A million cars bought on finance deals - amid warnings of 'negative equity time bomb' for owners of diesel models

A record number of cars are being bought on finance deals as for the first time more than a million drivers bought cars on deals over the past year, according to industry figures.<p>But fears are growing that a combination of falling diesel car prices and irresponsible lending could leave thousands of …

Electric Vehicles

China's April loans growth highlights debt challenge

BEIJING (Reuters) - China's banks unexpectedly extended more credit in April than in the previous month, though household loans fell in a sign authorities are walking a tight rope as they try to tamp down debt risks without throttling the economy.<p>While economic growth quickened modestly in the …

China

SMSF loan proposal 'won't hit as many'

A government proposal to add outstanding loan amounts to the superannuation balances of self-managed funds with limited recourse borrowing …

Retirement

How Turkey Banks Can Free Half a Trillion Dollars: QuickTake Q&A - Bloomberg

Turkish policymakers are desperate to get the Middle East’s largest economy out of the rut it slipped into after last year’s failed coup. They’d love …

Business

Student Loans Just Got More Expensive - Bloomberg

The U.S. government is raising prices for new student debt, adding hundreds of dollars to the cost of the typical federal college loan.<p>Beginning in …

Students

Auto Loan Fraud Is Soaring in a Parallel to the Housing Bubble - Bloomberg

Borrower fraud in U.S. auto loans is surging, and may approach levels seen in mortgages during last decade’s housing bubble, according to a startup …

Consumer Fears Challenge Investor Complacency

Retail index loses nearly 3% early. The Fed watching fraud and tightening standards in auto loans.<p>Macy's weaker than expected results confirm weak …

Business

A way to get real estate income without buying a home: Mortgage REITs

Fixed-income investors can earn yields of nearly 10 percent, perhaps more, if they can overcome a 10-year aversion to mortgage-backed securities that …

Mortgages

Home Capital Sells $1.1 Billion in Loans as Deposits Fall

Home Capital Group Inc. agreed to sell as much as C$1.5 billion ($1.1 billion) worth of mortgage renewals to an unidentified buyer as the struggling …

Business

Now here comes 'crowd approval' of loans from Tata Capital

<b>Mumbai:</b> You may have heard of crowd sourcing of funds. But here comes a loan proposal which brings in crowd approval.<p>Representational Image<p>Tata …

Crowdsourcing

In bill veto, Oklahoma takes a stand against loan sharks

Oklahoma City, Okla., May 9, 2017 / 05:10 pm (CNA/EWTN News).- The governor of Oklahoma vetoed a bill that would have drastically increased the …

Catholicism

Sunlight Financial gets $500 million for home solar loans

(Reuters) - Sunlight Financial, a startup that provides loans for home solar systems, on Wednesday said it received a $500 million commitment from Technology Credit Union that will finance about 20,000 new rooftop installations.<p>The announcement, Sunlight's largest single funding commitment to date, …

Renewable Energy

Wisconsin lawmakers reinstate economic development loans

Gov. Scott Walker's jobs agency would be able to issue business loans again under provisions in the state budget the Legislature's finance committee …

Government

Tips For Managing Student Loans

Are you on top of your student loan payments? Preparing to head off to school and wondering how many loans you can take out? Wondering how loan forgiveness works or what happens to your loans now that Trump is in the Oval Office? Let’s face it: student loans come with a lot of questions, and you …

Education

Hudco IPO opens today: Valuations seen as a plus, bad loans still a concern

<b>Mumbai:</b> Ahead of the opening of the initial public offering (IPO) of Housing and Urban Development Corp. Ltd (Hudco) on Monday, analysts were mostly …

Business (India)

Stressed About Money? 5 Tips to Cope with Debt Depression | World of Psychology

There’s no sugarcoating the staggering facts: student loan debt has reached record levels, totaling over $1 trillion.<p>Student debt in our country is …

Money

President Mukherjee nod to NPA Ordinance, more teeth to RBI to deal with defaulters

President Pranab Mukherjee today consented to an ordinance empowering RBI for effective resolution of NPAs. The ordinance authorises the central bank …

Business (India)

Online Lender Prosper Says System Error Overstated Returns - Bloomberg

Prosper Marketplace Inc., one of the largest U.S. online-lending platforms, notified the majority of the investors that buy its loans that it had …

Business

The Future of Family Office Investing: Investing in Tech & Private Credit

<b>Part II: Income & Alternative Debt</b><p>When I took over our family office, we had two main goals: How do we create long term capital growth and how do we …

Finance

Italy’s bad debt problem refuses to go away

Rome’s effort to entice private investors to non-performing loans has not taken off<p>When Lonestar, the US private equity firm, sold a batch of …

Italy

The Finance Company For An All-Weather Portfolio: Credit Acceptance

CACC high yield bonds remain undervalued.<p>Strong performance through prior recession provides margin of safety.<p>Short squeeze potential.<p><b>Business</b> …

Business

5 reasons to think twice before doing this with student debt

If you're looking for a quick, low-cost way to pay off your student loans, you can find a few options. But while you may be able to consolidate or …

Mortgages

LendingClub posts fourth straight quarter of loss, improves outlook

(Reuters) - Online lender LendingClub Corp raised its revenue forecast for the full year as it reported its fourth straight quarterly loss on Thursday, almost a year after a scandal involving its business practices.<p>The San Francisco-based company has been trying to move on from the issues that …

Markets

ICICI Bank Q4 profit surges 3-fold on retail growth; bad loans play spoilsport

<b>Beena Parmar</b><p><b>Moneycontrol News</b><p>Even as ICICI Bank’s net profit rose nearly three-fold in the March 2017 quarter, a sharp jump in bad loans of Rs 11,290 …

Business (India)

ICICI Bank sees bad loan additions falling significantly

| MUMBAI<p>India's ICICI Bank Ltd expects additions to its bad loans to be "significantly lower" this financial year, its chief executive said on Wednesday, as the lender reported a smaller than expected rise in quarterly profit.<p>India's third-biggest lender by assets said its standalone net profit …

Markets