Month: September 2022

S&P warns UK credit rating with ‘negative outlook’

The UK’s credit rating was threatened with a downgrade on Friday night when S&P, one of the world’s biggest credit rating agencies, placed the country on a ‘negative outlook’ after… Read more »

White House limits student loan forgiveness one day before FAFSA opens

LAWTON, Okla. (KSWO) — Just a day before the application for free federal student aid opens, the Biden administration is limiting the loans that can be forgiven. The White House… Read more »

Anatomy of a mortgage contract – The Royal Gazette

Life-Changing Loan: For many of us, a mortgage is the biggest personal financial decision we’ve ever made Buying your dream home is a big decision in many of our financial… Read more »

Biometric payments are in our future; How Thieves Use Stolen Cards

Biometrics are expected to play a much larger role in payments. Getty Will biometrics be the future of payments? Tech companies Apple and Google, major influencers of consumer behavior, have… Read more »

Four benefits of using digital lending platforms

What are cookies As is common practice with almost all professional websites, https://cyprus-mail.com (our “To place”) uses cookies, which are tiny files downloaded to your device, to improve your experience…. Read more »

A useful habitat | | stlamerican.com

The Diversity Gallery is one of the black-owned businesses that has partnered with Habitat for Neighborhood Business. Its owner is natural hairstylist and jewelry designer Leslie Christian-Wilson. Photo courtesy of… Read more »

Biden’s cautious foreign policy jeopardizes the United States

President Biden delivered an admirable speech to the United Nations General Assembly on Wednesday, condemning Russia’s war and saying that the United States will continue its support for Ukraine. “We… Read more »

Lawsuit seeks to stop Biden’s student loan forgiveness plan

An Indiana public interest attorney is suing to block President Biden’s plan to forgive some student debt, arguing the policy will force him to pay taxes on the forgiven amount…. Read more »

Lessons from the FTC’s Facebook saga

The FTC’s settlement with Facebook does little to change or restrict repeat business practices. Now I want to discuss one of the best examples of failure to crack down on… Read more »

Where to get the best return for your money in a rising interest rate environment

When the Federal Reserve raised the target federal funds rate an additional 0.75 percentage points this month, it opened up new opportunities for savers to earn better returns on their… Read more »

Are you worried about your finances? Here are 5 income-generating assets you can take advantage of in ’22-’23

Image source: Getty Images The right investments for you match your risk tolerance. Key points Some income-generating assets are riskier than others. The greater the potential reward, the greater the… Read more »

Loan collectors face heat from RBI for unfair practices

Rohit Bhatia (name changed) from Alwar in Rajasthan was the guarantor for a home loan of Rs 1.5 lakh which his neighbor took out. However, when her neighbor failed to… Read more »

Nu Holdings Stock: Continued High ROI in Marketing (NYSE: NU)

Richard Drury Nu Holdings (NYSE: NU) is an interesting company that has fallen significantly due to the general rotation out of technology, where multiples have collapsed. We liked Nu on… Read more »

Report: Tennessee Hot Spot for Inflation-Based Price Increases | Tennessee

(The Center Square) – Nashville ranked 14th in the nation for the number of businesses reporting moderate or large price increases in a new survey from LendingTree. Tennessee, meanwhile, ranked… Read more »

Have these documents in hand before applying for a two-wheeler loan! | India is blooming

The growing demand for two-wheelers in the country has been met by an equally strong growth in bike loan finance options. While buying a dream bike may be high on… Read more »

The NY investigation uncovered potential crimes. Why isn’t Trump handcuffed?

NEW YORK (AP) — The New York attorney general said his three-year investigation into former President Donald Trump uncovered potential crimes in the way he ran his real estate empire,… Read more »

‘Even those who lost their jobs still made enough money to make ends meet’: Pandemic benefits may have helped improve equality in dozens of cities

By Emma Ockerman More than half of America’s 100 metros saw improved income equality between 2019 and 2020, new research finds The benefits of pandemic stimulus and a tight labor… Read more »

What is Yearn Finance? – The Defiant

Yearn Finance played a leading role in the decentralized finance (DeFi) boom in the summer of 2020. Running on the Ethereum blockchain, Yearn Finance deployed smart contracts to maximize returns… Read more »

Litigation Client Alert – Litigation/PPP Enforcement Risks Pending | Kaufman & Canoles

It took a while, but the onset of litigation against the financial institutions, which provided the Paycheck Protection Program (PPP) loans, began. Government/regulatory investigations will follow. Is your business ready?… Read more »

A surprise appointment to the White House

Editor’s note: Morning Money is a free version of the POLITICO Pro Financial Services morning newsletter, which is sent to our subscribers every morning at 5:15 a.m. The POLITICO Pro… Read more »

More than half of Americans had credit card debt in 2022

(NewsNation) – Americans are racking up a mountain of credit card debt this year: Total second quarter balance stands at $887 billion, up 13% from first quarter, according to Lending… Read more »

Biden-Harris Administration Announces Groundbreaking Partnerships to Connect Disadvantaged Small Businesses to Infrastructure Programs

DOT to Host Business Forum to Improve Access to Capital and Resources Under Bipartisan Infrastructure Act Washington, Sept. 20, 2022 (GLOBE NEWSWIRE) — Today, US Small Business Administration (SBA), USDOT’s… Read more »

Bar Harbor Bank & Trust launches new Bar Harbor Mortgage app

BAR HARBOR – Bar Harbor Bank & Trust has announced the launch of Bar Harbor Mortgage, a new free app for iOS and Android mobile devices that allows customers to… Read more »

Helping the Pakistanis

NICK EICHER, HOST: To come The world and all in it: Floods in Pakistan. This country is reeling from the record floods that hit this year. More than 600,000 people… Read more »

students worry about possible recession

(KRON) — Although students fear a recession is on the way, most feel ready to tackle their post-graduation opportunities, according to a recent survey by Student Loan Hero. Are Bay… Read more »

The best young Fintech startups are disrupting commerce, banking and investing

Insider asked over 40 top fintech investors to name the most promising fintechs. Investors highlighted startups that didn’t raise more than one Series B. Here are the 61 most promising… Read more »

How buy now, pay later affects your ability to get a home loan – Forbes Advisor Australia

That dress you bought on Afterpay six months ago could impact your ability to get a home loan. Banks and lenders will now treat any buy it now, pay later… Read more »

Recovery agent runs over pregnant woman under tractor for unpaid loan

According to the police, the farmer had bought a tractor several months ago thanks to a loan from a large private loan agency. However, he was unable to pay the… Read more »

NEOM will build a desalination plant by 2024 to tackle water shortage: Official

CAIRO: In a post-pandemic era, people have never been more aware of their well-being, including physical well-being and common health issues. COVID-19, on the other hand, has had a significant… Read more »

Thai police crack down on loan sharks preying on vulnerable people amid pandemic — Radio Free Asia

Napawan Rimwaan used a phone app to borrow 2,000 baht (US$55), thinking it was an interest-free loan she could repay in 90 days. A week later, a loan agency officer… Read more »

Cash On Your Mobile – Cash Loans Perth announces it offers accessible cash financial loan services

Cash On Your Mobile – Cash Loans Perth is a premier financial lending company. In a recent update, the office said it offers accessible cash financial services. (Perth, WA, August… Read more »

Why are savings account interest rates rising so slowly?

We’ll see how aggressively officials plan to fight inflation going forward when the Federal Open Market Committee meets next week. The Fed has been raising interest rates for about five… Read more »

New auditing firm Statemind debuts by flagging third-largest DeFi vulnerability, saving over $350 million from avalanche

DUBAI, UNITED ARAB EMIRATES, September 16, 2022 /PRNewswire/ — Statemind, a leading blockchain security auditing company, has announced that it is now live. The start of the launch of the… Read more »

Bank of America Offers No Down Payment Mortgages to Black and Latino Borrowers | Company

Bank of America announced a new no-down payment, no-closing-cost mortgage solution for first-time homebuyers that will be available in designated markets, including select African-American and Hispanic neighborhoods in Charlotte, Dallas,… Read more »

Movers and Shakers week ending 9/16/22

Chris Bourgeois Craig Branton Cushman & Wakefield and Greystone Hire Premier Multifamily/Financing Team in Denver Cushman and Wakefield and Greystone Maintenance Company LLC recently announced that a seasoned Equity, Debt… Read more »

Expenses related to high school sports take a heavy toll on family finances

AMHERST, NY (WKBW) — High school athletics is a staple in many local communities across America. At Sweet Home High School, the Panthers know how to have fun on the… Read more »

Commercial banks allowed to expand the line of credit | Bank and finance

Commercial banks are allowed to expand their line of credit Recently, based on the application of commercial banks and the State Bank (SBV) ranking score through factors such as reduction… Read more »

Senate Democrats say buy now, pay later products lack oversight

Senate banking Democrats see the specter of the 2008 financial crisis in emerging tech-based lending products that lack the consumer protections applied to traditional forms of credit, including buy-it-now and… Read more »

CBC, backed by Capstreet, hires Matt Briggs and Jorge de Castro to its board of directors

Capstreet-supported-CBC-hires-Matt-Briggs-and-Jorge-de-Castro-to-its-board-of-directors Credit Bureau Login (“CBC” or “the Company”), a provider of credit reporting and compliance solutions for automotive dealerships, lenders and other end markets, today announced the appointment of Matt… Read more »