Monthly Archives: May 2021

PM Modi 59-minute MSME loan approval: banks disburse 2.15 lakh requests; the amount exceeds Rs 60k crore

Former MSME Minister Nitin Gadkari informed Parliament in March this year that only 343 guarantees amounting to Rs 40.56 crore had been issued as of March 10, 2021, since the launch of the program. (Image: PTI) Credit and financing for MSMEs: The number of loans sanctioned by public and private sector banks and non-bank financial […]

World Bank Rural Development Loan Approval Expected Soon

REUTERS The World Bank is expected to approve a $ 280 million loan from a facility known as Second Supplementary Financing (AF2), which will support agricultural enterprises and rural infrastructure works under the Philippine Rural Development Project (PRDP ), the Ministry of Agriculture (DA) mentioned. Agriculture Secretary William D. Dar said in a statement on […]

What can you do if your mortgage application is rejected

With reduced interest rates and motivated sellers, homeownership has never been more accessible. However, very few of us are able to finance the purchase without the help of a home loan. And while Ooba Home Loans reports that 80.7% of its applicants successfully secured home loan financing in the first quarter of 2021, 15% of […]

Make your personal loan approval easier with the Fullerton app

Due to the unprecedented COVID-19, global economies have been disrupted and families have been financially shattered. In these times, there is no better way to manage your finances than to resort to personal loans. Whatever your need, you can take out a personal loan and take care of your worries. Getting a personal loan has […]

Chances of credit card or loan approval are higher now than around this time last year

Some people may now find it easier to get credit approved than at the start of the first coronavirus foreclosure in March 2020, Experian explains. Analysis by the credit check company found that the number of people who have a high chance of being approved for a credit card is five percent higher than in […]

Overwhelmed by the amount of the home loan? Know some emergency options for paying off EMI home loans

Everyone wants a home. A lot of savings are needed to be able to own a dream home. In addition to savings, people also take out home loans to prepare or buy their dream home. However, if you are taking out loans, you should also note that you also have to pay the home loan […]

Delhi: Man detained for embezzling loan amount of Rs 300 crore | Delhi News

NEW DELHI: A 31-year-old man has been arrested for allegedly embezzling funds amounting to 300 crore rupees in the form of loans and credit facilities from various banks and financial institutions, police said on Friday. Vaibhav Sharma, chief financial officer (CFO) of a Gurugram-based company active in the car dealership, was arrested on Thursday in […]

Home loans: it’s time to renegotiate the terms of your loan

When revalued to 6.75%, the EMI is 88,491 rupees. A monthly saving of Rs 10,000. By Raj Khosla As the second wave of the pandemic hits India, it’s time to review and rebalance your personal finance portfolio. Although different people have different priorities, saving extra money for emergencies is a wise move for everyone. With […]

President Buhari calls for approval of $ 2.18 billion loan from Senate – Nairametrics

President Muhammadu Buhari sent a letter to the Nigerian Senate requesting the sum of $ 2.18 billion in external loan for approval to fund the 2021 Appropriations Act. It was disclosed Tuesday, as Senate Speaker Ahmed Lawan read the presidency’s letter asking for approval. READ: MDAs failed to hand 3 trillion naira to treasury in […]

United Arab Emirates: Is Your Loan Application Still Rejected Despite Good Credit? here’s why

Credit history plays an important role in a bank’s decision to get a loan Image Credit: Shutterstock Dubai: If your loan applications continue to be rejected despite a good credit history, there may be some common reasoning as to why. Your debt ratio, or simply debt ratio, is detrimental to lenders who decide whether or […]

Sacco eases loan terms for members as virus looms

A Kirinyaga-based savings and cooperative company is extending flexible loan terms to its members who have been hit hard by Covid-19. Bingwa Sacco, through its 19 branches across the county, also announced that it will donate food to poor Kenyans as part of efforts to protect the country from the impact of the pandemic. “As […]

Biz2Credit: Approval Rates for Non-PPP Loans Remain Relatively Unchanged in April

Small business loan approval percentages at large banks (or those with more than $ 10 billion in assets) edged down to 13.4% in April from 13.5% in March 2021, according to the latest. Biz2Credit Index of Small Business Loans. Likewise, approvals at smaller banks fell to 18.2% in April, from 18.3% in March. “Traditional small […]

Provo woman pleads guilty to fraud in PPP loan application

PROVO, Utah – A woman from Provo pleads guilty to her role in a Paycheck Protection Program (PPP) loan fraud program. Both owner and employee plead guilty and await conviction A statement released last week by the Utah District Attorney’s Office said Lisa Bradshaw Rowberry, 49, was employed by the Frisbu trucking company. The owner […]

Instant Home Loan Approval – Are You Eligible?

While other lenders grapple with long lead times and awkward approval processes, fintech Nano has launched a new home loan where loan approval is granted on the spot. What’s the catch? The new home loan is offered by Nano, which is “not a traditional lender,” co-founder Andrew Walker told Finder. “It’s a financial technology company […]

Provo Woman Pleads Guilty to Paycheck Protection Program Fraud | News, Sports, Jobs

A statement from the United States Attorney’s Office, Utah District, announced Thursday that Lisa Bradshaw Rowberry, a 49-year-old woman from Provo, had recently pleaded guilty to her role in a program loan fraud scheme. paycheck protection. The statement said Rowberry was employed by Salt Lake City-based trucking company Frisbu and owner Hubert Ivan Ugarte. Ugarte […]

Trucking Company Employee Pleads Guilty to Fraud in PPP Loan Application | USAO-UT

SALT LAKE CITY – Lisa Bradshaw Rowberry, 49, of Provo, pleaded guilty to her role in the Paycheck Protection Program (PPP) loan fraud program last week in federal court. Rowberry pleaded guilty to loan application fraud for illegally obtaining a federal loan from the Paycheck Protection Program (PPP) for the Frisbu Trucking Company, where she […]

SBA Extends COVID-19 Economic Disaster Loan Application Deadline to End of 2021

The US Small Business Administration has announced that the deadline for applying for the Economic Disaster Loan (EIDL) program for COVID-19 pandemic disaster declaration is extended to December 31, 2021. The extension of the deadline follows the recent bipartisan COVID-19 relief bill passed by Congress and enacted by President Trump on December 27, 2020. To […]

Social loan conditions of the Australian Coal Port,

The Australian port of Newcastle has signed an A $ 515 million ($ 398 million) loan with the National Australia Bank (NAB) that ties interest payments to non-binding social and environmental goals, the companies said. The world’s largest coal port will pay less if certain targets are met, including reducing its direct and indirect greenhouse […]

Australian Coal Port loan terms linked to social issues

The Australian port of Newcastle has signed an A $ 515 million ($ 398 million) loan with the National Australia Bank (NAB) that ties interest payments to non-binding social and environmental goals, the companies said. The world’s largest coal port will pay less if certain targets are met, including reducing its direct and indirect greenhouse […]