HT Syndication Pune (Maharashtra) [India], July 2: Bajaj Markets, one of the leading financial marketplaces in India, enables salaried individuals to explore and apply for personal loans of up to ₹55 Lakhs from multiple trusted lenders. Show Full Article With interest rates starting at 9.99% per annum and flexible repayment tenures of up to 96
Gold loans appear to have emerged as the best bet for microfinance companies planning to increase the share of secured portfolio, although the regulator has tightened rules for lenders to the yellow metal. Companies like Arohan Financial Services and Uttrayan Financial Services are among the notable ones which have taken definite steps to explore this
Social venture Mona and the University of Chicago’s Polsky Center for Entrepreneurship and Innovation have helped 23 Chicago-area entrepreneurs get $200,000 worth of zero-interest loans from Kiva, a global microloan platform. Mona and the Polsky Center collaborated with Kiva, which has distributed the loans to mostly South Side businesses in the past year. The loans
Cohen insisted he has “more than sufficient assets to cover any payment obligations,” according to an affidavit filed in New York State Supreme Court on June 24 as part of a motion to dismiss. “During my tenure as a business person, I have never failed to make good on my financial obligations or the financial
A New Jersey lender whose clients made big bets on rundown buildings in Chicago’s South Side is heading to court as its collateral slips into distress. Affiliates of Accolend are foreclosing on three apartment properties owned by Brooklyn-based investor Sholem Oberlander. The lender is pursuing Oberlander’s failure to pay principal and interest on $2.6 million
Mainstream lenders across the ownership spectrum – state or private – continue to grapple with suspect asset quality on advances to unsecured personal and retail accounts, although once-elevated risk weights on the category were lately restored to the original after the share of these loans in the overall lending pie slowed through the past year.
The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate
Financial equality has come a long way in the United States — just over 50 years ago, women couldn’t take out a loan unless they cosigned with a man. But despite the progress, women still earn about 85 percent of what men earn, according to analysis by the Pew Research Center. This gender pay gap
Two years ago, Sezzle launched a new virtual product allowing consumers who use its service to make purchases wherever digital payments are accepted. Though credit and debit still dominate the payments market, Youakim envisions BNPL taking up more space in people’s digital wallets. About two-thirds of Sezzle’s customers have credit cards but avoid using them,
When you take out student loans, you’re responsible for paying your outstanding balance. But what happens to student loans when… When you take out student loans, you’re responsible for paying your outstanding balance. But what happens to student loans when you die? Do they die with you or live on? It depends on the type