Monthly Archives: April 2021

AirAsia Launches Airasia Money and Partners with RinggitPlus to Provide In-App Loan Application Services

KUALA LUMPUR (April 23): AirAsia Bhd has extended its super app airasia to provide financial products and services under the “airasia money” banner, starting with a partnership with the financial comparison platform RinggitPlus. Through its partnership with the platform, airasia money currently provides credit card application and loan application services. The financial market will also […]

4 eligibility criteria to boost your chances of obtaining a personal loan

Make sure you build and maintain a strong credit score to increase personal loan eligibility. Personal loan is one of the most preferred loan options for those in need of quick funds. However, its unsecured nature leads lenders to take a cautious approach when evaluating loan applications. This can result in rejection of personal loan […]

The government is looking for time to meet the conditions of the WB loan

ISLAMABAD: The government on Tuesday asked the World Bank for more time to implement its $ 1.5 billion loan eligibility conditions to meet growing external financing needs, sources told the Express Tribune. Pakistan seeks three budget support loans, totaling $ 1.5 billion, from the World Bank before the end of June, they said, adding that […]

YSR zero interest loan amount for crops credited to AP farmers’ accounts

AMARAVATI: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Tuesday credited Rs 128.47 crore directly to the accounts of 6,27,906 farmers under the “YSR zero interest loan program” for the 2019-2020 Rabi season, for the benefit of those who received loans up to Rs. lakh and repaid them on time. Speaking to beneficiaries and […]

World Bank sets tough $ 1.5 billion loan terms for Pakistan

ANI | Update: Apr 20, 2021 12:56 AM STI Islamabad [Pakistan], April 20 (ANI): As Pakistan’s financial debt continues to mount, the World Bank has set tough conditions for $ 1.5 billion loans, such as increased electricity tariffs , the introduction of new energy and fiscal policies, putting the government headed by Imran Khan in […]

Big four banks tighten mortgage approval times

National Australia Bank CEO Ross McEwan told the home economics committee on Friday that the NAB could green light a ‘vanilla’ home loan in less than 24 hours. “For a simple mortgage, in one of our agencies, 50% are [approved in] less than a day and the remaining 50% less than five days, ”said McEwan. […]

World Bank sets strict loan conditions

ISLAMABAD: The World Bank has set strict conditions for loans of $ 1.5 billion, such as increasing electricity tariffs, introducing new energy and fiscal policies, putting the government in a difficult position that is already seeking to review the agreement of the International Monetary Fund (IMF). The finance ministry was requesting three budget support loans […]

Five key financial measures for approving agricultural loans | The latest in agribusiness

As a young farmer or beginning farmer, you will find that there are many ways to prepare for the financial aspects of owning a farm. Working with a farm lender like Farm Credit early on is my first recommendation to make sure your business is understood and the cyclical nature of the industry is taken […]

Biz2Credit: March Non-PPP Loan Approval Rate Trending Upward

Small business loan approval percentages at large banks (over $ 10 billion in assets) edged up to 13.5% in March from 13.3% in February 2021, according to the index. Biz2Credit small business loan. By comparison, in March 2020, the big banks approved 15.4% of the funding requests they received. “Traditional loans from big banks increased […]

MX helps FormFree speed up loan approval process and close over 1 million loans

SILICON SLOPES, Utah, April 13, 2021 / PRNewswire / – MX, the leader in modern connectivity and data enhancement for financial institutions, fintechs and organizations around the world, today announced that it has implemented APIs and connections based on tokens with FormFree, the leader in digital asset verification. FormFree improves the ability of lenders to […]

Loan application rejected? Here’s how you can still get a loan

Loan application rejected? Here’s How You Can Still Get A Loan Photo credit: PTI New Delhi: Credit score is one of the key parameters that is carefully used by all commercial banks, microfinance institutions, non-bank financial corporations and other cooperative lenders in deciding an individual’s eligibility for a loan. A credit score is a conclusive […]

University of Iowa failed to finalize athletic loan terms, interest rate

Iowa fans state “Go Hawks” and “America Needs Famers” at Kinnick Stadium ahead of Iowa’s game against Northwestern on October 15, 2011. (The Gazette) IOWA CITY – Although the University of Iowa Athletics is due to repay a $ 50 million loan from the main campus in 10 to 15 years, the IU finance office […]

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Top 5 Reasons Your Home Loan Application May Be Rejected

Typically, banks and non-bank financial corporations (NBFCs) view job stability as one of the primary parameters in determining the borrower’s ability to make timely repayments. The 5 main reasons for the rejection of a mortgage application: When you apply for a home loan, the two main checks that lenders perform are credit rating, history, and […]

5 things to follow to prevent your loan application from being rejected

NEW DELHI: Applying for a personal loan is easy these days. You just need to fill in the basic information online and with a few clicks, your loan is approved. However, on the other hand, the unsecured nature of the loan prompts lenders to take a cautious approach when approving personal loan applications. Here are […]

Will Chinese loan terms hamper post-virus debt talks in Africa and Asia?

Published on: 04/02/2021 – 17:28 In a report released this week, a group of American and German researchers warns that the terms under which China has granted loans to poor countries in Africa and Asia are hampering the ability of some governments to renegotiate debt as a result. of the coronavirus epidemic. The report, titled […]