Monthly Archives: March 2022

Is access to earned wages the way of the future? 5 tips for employers looking to attract and retain talent with pay-as-you-go | Fisher Phillips

To combat a tight job market and a seemingly shrinking workforce, employers are looking for creative ways to retain and attract talent. An Earned Wage Access Policy – ​​a groundbreaking benefits program that gives employees near-instant access to their pay – might just be what gives companies the edge. In fact, companies using these benefit […]

Overview of the Global Commercial Lending Market to 2030

DUBLIN, March 29, 2022 /PRNewswire/ — The report “Commercial Lending Market by Type, Company Size and Vendor: Global Opportunity Analysis and Industry Forecast, 2021-2030” has been added to from ResearchAndMarkets.com offer. A business loan is a type of financial instrument that business owners can use to meet their short-term cash flow needs. Approved funds can […]

Sprouts links new loan terms to sustainability goals

Diving brief: Sprouts Farmers Market has closed a $700 million revolving line of credit linked to its ability to meet targets related to its sustainability initiatives, the specialty grocery chain announced Friday. The retailer will incur lower borrowing costs under the loan facility if it achieves its goals of selling socially and environmentally sustainable products […]

MG Motor India Launches e-Pay Portal for Fast Auto Loan Approval | Mobility news

MG Motor India has launched MG e-Pay, an end-to-end online car finance platform with fast loan approvals. The site was created with the aim of providing transparent and convenient online car buying options. MG has partnered with ICICI Bank, HDFC Bank, Kotak Mahindra Prime & Axis Bank to offer personalized and instant financing options under […]

Michigan’s term limit ballot proposal is criticized as “misleading”. Is it?

LANSING—Would a recently launched Michigan ballot proposal increase or decrease term limits for state lawmakers? It depends on how you look at it. Voters for Transparency and Term Limits — a bipartisan petition group seeking to amend the state Constitution — rightly notes that the measure reduces the overall length of time an official can […]

hdfc: HDFC Witnesses Highest Loan Approval Ever; crosses Rs 2 lakh crore in FY22

NEW DELHI: Mortgage lender HDFC said on Wednesday it had approved the highest retail home loans of over Rs 2 lakh crore in 2021-22. The demand for these loans came from across the country, HDFC said in a statement. HDFC Managing Director Renu Sud Karnad said: “In over four and a half decades, I have […]

Workers trade staggering amounts of data for ‘payday loans’

Argyle CEO Shmulik Fishman said the company can coach lenders on factors such as consistency of work and upward trajectory. “Does your job title move up every six months? These are signs of a good worker and one you might want to take another look at,” he says. Reputation markers, however, may reflect bias. Shannon […]

HDFC Witnesses Highest Loan Approval Ever; crosses Rs 2 lakh cr in FY22

HDFC Managing Director, Renu Sud Karnad, said: “In more than four and a half decades, I have not seen a better time for the housing sector than today due to falling interest rates. interest, housing price stability, government focus on affordable housing, improving affordability, favorable demographics. , growing urbanization and growing aspirations”. Mortgage lender HDFC […]

Does HECS-HELP Debt Affect Your Home Loan Application?

HECS-HELP loans have eased the financial burden of attending university for thousands of Australians. But can going into student debt hurt your chances when applying for a home loan? In short: absolutely. But you can do a lot about it. The Higher Education Contribution Scheme and Higher Education Loans Scheme (HECS-HELP, sometimes simply abbreviated as […]

Mike Tyson launches line of “Mike Bites” ear-shaped cannabis gummies

Getty Images Nearly 25 years after being disqualified from the World Boxing Association heavyweight championship for biting off the ears of opponent Evander Holyfield, the boxing legend continues to make jaw-dropping headlines. His newly launched cannabis company is launching ear-shaped weed gummies called “Mike Bites.” “Sacred ears! They are finally here! Go get your Mike […]

TAB Bank dragged into seedy world of puppy mill loans by fintech partner

EDITOR’S CHOICEFree access to the best insights and insights – curated by our editors. Transportation Alliance Bank (TAB Bank) in Ogden, Utah, has a partnership with a fintech called EasyPay Finance that appears to advance the bank’s financial inclusion goal – it lends to people with low FICO scores who couldn’t get credit elsewhere – […]

Small business loan approval rates continue to rise in February

Approval rates for small business loans at large banks (over $10 billion in assets) fell from 14.5% in January to 14.7% in February, and approval rates in Small banks (less than $10 billion in assets) also rose, rising 20.3% in January. to 20.5% in February, according to Biz2Credit’s Small Business Lending Index. Among several categories […]

Consumer claims unlicensed lender tampered with tribal ownership

By Joyce Hanson (March 15, 2022, 8:02 p.m. EDT) – Lending website FirstLoan.com has been slapped with a proposed class action lawsuit in federal court in Illinois accusing it of making predatory loans with annual rates of up to 700%, in violation of state consumer fraud laws and the Racketeer Influenced and Corrupt Organizations Act. […]

Biz2Credit Small Business Lending Index™ Reveals Loan Approval Rates Continue to Rise in February

Get instant alerts when news breaks on your stocks. Claim your one week free trial for StreetInsider Premium here. NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) — Small Business Loan Approval Percentages at big banks ($10+ in assets) went from 14.5% in January to 14.7% in January, and small banks‘ Approvals also increased, from 20.3% […]

Welcome to the Silicon India Network

It looks like you typed the wrong URL. What is Silicon India? SiliconIndia is one of the largest content and community networks for Indian professionals, entrepreneurs and students around the world. Since 1997, we’ve inspired the success of Indian professionals through our thought-provoking SiliconIndia career events and magazines. Now, with […]

FCCPC and others raid loan application platforms for breach of privacy and illegal operations – The Sun Nigeria

By Adewale Sanyaolu The Federal Competition and Consumer Protection Commission (FCCPC), together with the Independent Corrupt Practices Commission (ICPC) and the National Information Technology Development Agency (NITAD), raided some platforms loan application for violation of consumer rights. Some of the companies attacked included GoCash, Okash, EasyCredit, Kashkash, Speedy Choice and Easy Moni. Leading the raid […]

Avoid These Mistakes on Your Business Loan Application and Increase Your Chances of Approval

Access to affordable capital is essential to running a small business. Still, the business loan application process can be daunting — and approval isn’t a sure thing, even if you have good credentials. According to the Federal Reserve’s 2021 Small Business Credit Survey, 12% of businesses that needed financing but chose not to apply did […]

The pandemic has sparked a golden age of crypto scams

Cipher numbers may not be reliable, depending on some studiesUp to 90% of exchanges on most exchanges, it’s “wash trading”: bogus trades designed to generate a false impression of volume, which in turn attracts more traders and influences prices. But the numbers we have, while rough, reflect a booming industry defined in large part by […]

San Diego Mortgage Company offers fast approvals, loan terms and today’s low rates

“San Diego Mortgage Company – Equis Mortgage Group, LLC” Check out a San Diego Mortgage Company, called Equis Mortgage Group, LLC and a San Diego Mortgage Broker, David LePari, for all your mortgage and real estate needs with fast approvals and today’s low rates. today. We were looking for a San Diego mortgage company that […]

Maybank unveils Home2u for fast loan approval

KUALA LUMPUR: Malayan Banking Bhd introduced Maybank Home2u on its MAE app – Malaysia’s first-ever digital home finance solution in an integrated banking application (app), capable of providing finance approval within 10 seconds of completing the application form. The digital home finance solution is expected to contribute more than 20% of the bank’s total home […]

World Bank seeks approval for $350m loan to Ukraine within days – Sources – SABC News

The World Bank is pushing for ‘fast track’ approval of an additional $350 million loan for Ukraine within days to provide emergency funds for its defense efforts against Russian invasion, officials said. said people familiar with the plans. The expansion of an existing loan would provide “fiscal support” to Ukraine, leaving no restrictions on how […]

EXCLUSIVE World Bank seeks approval for $350m loan to Ukraine within days – sources

A participant stands near a World Bank logo at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, March 1 (Reuters) – The World Bank is pushing for “fast track” approval of an […]

California Regulator Says FlexWage Earned Wage Product Isn’t a Loan | Lawyer Andy

FlexWage Obtains a Favorable Ruling from the California Department of Financial Institutions The California Department of Financial Protection and Innovation (CDFI) has released a opinion this says that FlexWage’s Earned Wage Access product is not a loan under California law and therefore does not fall under CDFI’s regulatory jurisdiction. Earned salary access products are typically […]

More states seek to cap consumer interest rates at 36%

As efforts to implement a national rate cap stall, more states are considering banning consumer loans with annual percentage rates above 36%. New Mexico lawmakers recently approved a 36% rate cap, which would reduce the state’s current maximum APR by 175%. It now awaits the governor’s signature. Lawmakers in Rhode Island and Minnesota are considering […]

Exclusive – World Bank Seeks Approval of $350 Million Loan to Ukraine in Days – Sources | Investment News

WASHINGTON (Reuters) – The World Bank is pushing for “fast track” approval of an additional $350 million loan for Ukraine within days to provide emergency funds for its defense efforts against the Russian invasion, people familiar with the plans said. The expansion of an existing loan would provide “fiscal support” to Ukraine, leaving no restrictions […]

Exclusive – World Bank seeks approval for $350m loan to Ukraine within days – sources | WKZO | All Kalamazoo

By David Lawder WASHINGTON (Reuters) – The World Bank is pushing for “fast track” approval of an additional $350 million loan for Ukraine within days, to provide emergency funds for its defense efforts against the Russian invasion, people familiar with the plans said. The expansion of an existing loan would provide “fiscal support” to Ukraine, […]