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Consumer loan
Illinois Governor Signs Law Capping Consumer Loan Rates at 36%
Illinois Governor JB Pritzker on Tuesday signed a bill that will cap rates at 36% on consumer loans, including payday loans and car titles.The Illinois General Assembly passed the law, the Predatory Loan Prevention Act, in January, but the…
Guaranteed BBVA presents a consumer loan to buy solar energy systems
BBVA guaranteed supports the fight of Turkey against climate change thanks to innovative sustainable finance solutions. In collaboration with Solarçatı, Guaranteed BBVA will offer affordable interest rates for individual solar…
Illinois to cap consumer loan interest rates, lenders face penalties and other relief | Hinshaw…
On January 13, the last day of the six-day session of the Illinois Legislature, the General Assembly passed the Illinois Predatory Loan Prevention Act (PLPA) as part of SB 1792.
The PLPA caps annual percentage rates for consumer loans at…
Spring Labs Reduces Consumer Loan Fraud Using New Data Network
MARINA DEL REY, California, December 16, 2020 / PRNewswire / - By enabling market participants to share information without disclosing competitive data, the financial technology provider Spring labs announced today that its new network…
iFinance Canada exceeds $ 2 billion in consumer loan applications as more consumers seek financing…
TORONTO, December 7, 2020 / CNW / - iFinance Canada, a Canadian FinTech loan company announced that it has overtaken $ 2 billion in consumer loan applications as Canadians look for other ways to buy now and pay later.
“People need the…
Average consumer loan value up £ 800 this year
The average value of a consumer loan has increased by almost £ 800 this year, 2020 has certainly created a change in the finances of many people. Analysis of data from MoneySuperMarket shows that while the average amount borrowed!-->…
LendingPoint Closes First and Largest Ever Rated Revolving Consumer Credit ABS Issue – Latest…
Data and technology platform, LendingPoint, Closes First Revolving Issue and Largest ABS Issue at $ 328.5 Million
KENNESAW, GA– (BUSINESS WIRE) –LendingPoint, the data and technology platform, today announced the closing of its first and…
Germany offers easier-to-follow consumer loan contracts
The Federal Ministry of Justice and Consumer Protection (BMJV) bill changes the revocation information model for general consumer loan contracts. The Court of Justice of the European Union (CJEU) recently ruled that the existing practice…
FCMB Reduces Interest on Consumer Loan Products and Offers Clients the Option to Restructure Their…
First City Monument Bank (FCMB) once again lived up to expectations as a customer-centric and responsive bank. The latest in a series of measures taken by the financial institution is a reduction in interest rates on all consumer…
Grab Announces New Investment Product, Consumer Loans Platform As Part Of Financial Services…
SINGAPORE: Grab Financial Group on Tuesday August 4 announced a series of new financial products and services, including a microinvestment program that would allow consumers to invest while spending on the Grab platform. This is part of…