Consumer finance

Can European direct lenders capitalize on their earnings in 2021?

The ability of European non-bank lenders to capitalize on their earnings in 2021 will depend on how they handle the damage to their credit portfolios from the coronavirus pandemic. With expectations of an economic recovery supported by advances in mass immunization programs, the outlook for private credit companies looks bright as long as they do […]

Consumer finance

Asian lenders gain market share in Australia thanks to rapid expansion

Through Sharon klyne, Carol zhong SYDNEY / HONG KONG (Reuters) – Asian banks are stepping up lending activity in Australia, taking market share from local lenders trying to manage the rising regulatory costs of maintaining sufficient capital to protect against possible defaults credit, according to a basis point report. Australian banks, however, are optimistic about […]

Consumer finance

Island Direct files for bankruptcy, leaving VI restaurants out of pocket | New

A food delivery company whose star rose with the COVID-19 pandemic has filed for bankruptcy against $ 1.1 million in debts owed to local banks and restaurateurs who are already struggling to stay in business. activity. Incorporated in Clearwater, Florida, Island Direct filed for Chapter 7 bankruptcy with the United States Bankruptcy Court for the […]

Consumer finance

IRS scams have increased in 2021 due to COVID. What you should watch out for

Income tax season is in full swing, as are the annual tax scams, abusive lending practices and the accompanying repayment depletion products. This year, the COVID pandemic has created even more patterns to watch out for. Struggling families may spend more than they need to get their tax refunds faster, and scammers target pandemic assistance […]

CIT agrees to acquire direct capital from technology-driven lender
Consumer finance

CIT agrees to acquire direct capital from technology-driven lender

NEW YORK AND NEW HAMPSHIRE – (BUSINESS WIRE) –CIT Bank, the American commercial bank subsidiary of CIT Group Inc. (NYSE: CIT), a leading provider of commercial loans, leasing and advisory services, has entered into a deal to acquire the Portsmouth, New Hampshire-based company. Direct Capital Corporation, a financing provider for small and medium-sized businesses. The […]

Bad Credit Online Loans – Non-Erasable Coercive Loan Applications First Get In The Way, Then Turn Off Your Smartphone If You Fall Late On Repayments  Zoom Fintech
Consumer finance

Bad Credit Online Loans – Non-Erasable Coercive Loan Applications First Get In The Way, Then Turn Off Your Smartphone If You Fall Late On Repayments Zoom Fintech

Bad Credit Loans Online – Non-Erasable Coercive Loan Apps Are First Hindered, Then Shut Down Your Smartphone If You Are Late On Repayments of do you still think that you own your gear? department The modern smartphone is a technological marvel, cramming in its compact size with multiple functions – telephone, pager, computer, camera, calculator, […]

In short: securitization transactions in France
Consumer finance

In short: securitization transactions in France

Transactional issues SPV forms What forms can special purpose vehicles take in a securitization transaction? Since the 2017 reform, securitization transactions can be implemented through two types of Funding organizations (OF), which can be structured as a traditional securitization vehicle (OT) or a specialized financing entity (OFS). Both types of TO can be created as […]

Media invitation – Élisabeth Brière to announce an investment to support the tourism sector in the Eastern Townships
Consumer finance

Media invitation – Élisabeth Brière to announce an investment to support the tourism sector in the Eastern Townships

Bloomberg No.1 engine’s Exxon Win gives ESG advocates a boost (Bloomberg) – The rejection of the Exxon Mobil Corp. management team marks one of the most significant victories for shareholders to push for drastic action on climate change. The transformation movement of Exxon’s board of directors has been led by a – a well-known hedge […]

Amicus Capital Group announces the continuation of its litigation loan acquisition program
Consumer finance

Amicus Capital Group announces the continuation of its litigation loan acquisition program

(ProNewsReport Editorial): – Valencia, Calif. March 25, 2021 (Issuewire.com) – Amicus Capital Group (“Amicus”), a specialty finance company based in Los Angeles County, Calif., Announced the extension and l ‘expansion of its program to buy loans to law firms based on contingencies, with a particular focus on portfolios of distressed or underperforming assets. The program […]

Consumer finance

Saved once by heavy aid, Salt Lake business owner hopes a new PPP can get her across the pandemic finish line

SALT LAKE CITY – Last year when the COVID-19 outbreak first hit, Marci Rasmussen’s downtown flower shop was one of those businesses that felt the direct impact . “I immediately fired everyone,” she said. That meant all but one of its 15 employees. Surviving the coronavirus pandemic as a small business has been particularly difficult. […]

Consumer finance

Governor announces proposal to expand home ownership in communities marked in red to close the racial wealth gap as part of 2021 STATE OF THE STATE

Package of reforms to increase access to mortgages for low- and moderate-income borrowers in underserved communities Governor Andrew M. Cuomo today announced a package of targeted reforms aimed at increasing homeownership rates in communities that have been negatively affected by redlining under the State of State 2021 The program will enable low and moderate income […]