Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

China Institutes New Policy To Boost Small Firm Lending

China Institutes New Policy To Boost Small Firm Lending
China Institutes New Policy To Boost Small Firm Lending
December 19, 2018  |  Loans

Faced with a slowing economy and a trade dispute with the U.S., China’s central bank on Wednesday (Dec. 19) announced a new policy tool aimed...

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Kenya Gets Ready To Unveil Sandbox Policy
Kenya Gets Ready To Unveil Sandbox Policy
December 18, 2018  |  B2B Payments

Kenyan financial authorities are on the cusp of unveiling a FinTech sandbox that will initially focus on robo-advisors and consider blockchain. Across Europe, Revolut looks to...

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Lawmakers Want To Outlaw SMB ‘Confession Loans’
Lawmakers Want To Outlaw SMB ‘Confession Loans’
December 06, 2018  |  Bank Regulation

U.S. Senators Sherrod Brown and Marco Rubio have called for a ban on confessions of judgement, a tactic predatory lenders use to make borrowers forfeit...

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LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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SoFi CEO Says Fed Rate Hikes Not A Threat
SoFi CEO Says Fed Rate Hikes Not A Threat
November 30, 2018  |  Loans

Anthony Noto, CEO of the financial company SoFi, said this week that his company is preparing for a landscape with higher interest rates, and that...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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Robotics Process Automation Rakes In The VC Cash
Robotics Process Automation Rakes In The VC Cash
November 16, 2018  |  B2B Payments

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. The...

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Affirm Launches New Features To Help Consumers Spend Responsibly
Affirm Launches New Features To Help Consumers Spend Responsibly
November 13, 2018  |  Alternative Finances

“The more I looked at retailer-sponsored finance, the more I realized people routinely end up paying atrociously more than they bargained for … This is...

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Loan Demand Shrinks In Argentina Post-Bailout
Loan Demand Shrinks In Argentina Post-Bailout
November 09, 2018  |  Loans

After a record $56 billion bailout — and interest rates that are now close to 70 percent — loans rates are down in Argentina. Get...

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