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Brazil loan defaults steady at 2-year lows in October
Reuters
SAO PAULO, Nov 24 (Reuters) - Loan defaults in Brazil held steady in October at 5.4 percent of outstanding credit, the lowest since December 2015, the central bank said on Friday. Outstanding loans totaled 3.052 trillion reais ($944 billion) in October ...



U.S. News & World Report

Alibaba Affiliate Ant Financial Bans High-Interest Loan Products
U.S. News & World Report
HONG KONG (Reuters) - Alibaba Group Holding Ltd affiliate Ant Financial has banned consumer loans with annual interest rates above 24 percent from its Alipay platform, a move which comes as China's government increases scrutiny of lightly regulated ...
Alibaba's finance arm bans high-interest consumer loansFinancial Times
Alibaba Affiliate Bans High-interest Consumers Loan ProductsValueWalk
Jack Ma's Alipay Caps Online Loan Rates at 24%, Lenders TumbleBloomberg
Asia Times
all 8 news articles »


Bloomberg

Banks Squeeze India Firms Harder in $207 Billion Bad Loan Fight
Bloomberg
Banks are asking for collateral that may amount to one-and-a-half times the value of the debt on new loans extended and are insisting on contracts that allow loans to be turned to equity if the account becomes stressed, said Prabal Banerjee, chief ...

and more »


Report: Atlanta attacker Yamil Asad waiting for decision on loan option
MLSsoccer.com
Like all teams currently in their offseason, Atlanta United will have some important personnel decisions to make in the coming days and weeks. One of the most pressing will be whether or not to pick up the loan option of Yamil Asad, one of the team's ...



Forbes

This Poll Will Make You Rethink Your Chances Of Avoiding Student ...
Forbes
A new poll by Millennial Personal Finance found that 60% of those who received advanced degrees between 2014 - 2017 say they have a "good chance" of not ...

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U.S. News & World Report

ECB's Nouy Highlights Flexibility in Soured Loan Plan
U.S. News & World Report
FRANKFURT (Reuters) - European Central Bank supervisor Daniele Nouy defended a plan to require banks to hold bigger provisions against new non-performing loans but highlighted the ECB's flexibility in enforcing the controversial proposal. The ECB has ...

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HNA partly repays $448 mln loan, extends maturity
Reuters
HONG KONG, Nov 24 (Reuters) - Chinese conglomerate HNA Group said it had repaid part of a HK$3.5 billion ($448 million) loan, while obtaining lenders' consent to extend the remainder's maturity. HNA, facing a slew of repayment obligations amid rising ...

and more »


Vanguard

Buhari approves fresh budget support loan for states
Vanguard
The loan was announced by the Minister of Budget and Economic Planning, Udoma Udo Udoma, while briefing State House correspondents, after the National Economic Council, NEC, meeting, presided over by the Vice President, Prof. Yemi Osinbajo in ...
FG approves N28bn budget support loan for statesNew Telegraph Newspaper
UPDATED: Nigerian govt approves N800 million loan facility to statesPremium Times
35 states get N28bn loan to pay salaries — minus LagosTheCable

all 17 news articles »


UPDATE 1-Chinese firms scrap plans for micro loan business amid crackdown on 'blind borrowing'
Business Insider
BEIJING, Nov 23 (Reuters) - A Chinese menswear firm and a leading maker of POS terminals said late on Wednesday they had given up plans to set up micro-loan units, one day after policymakers took steps to tighten supervision of the lightly regulated ...

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GoErie.com

Your guide to FHA loans
GoErie.com
Less rigorous lending standards and lower down-payment requirements make FHA loans popular with mortgage borrowers. An FHA loan is a mortgage insured by the Federal Housing Administration. Borrowers with FHA loans pay for mortgage insurance, ...


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