Posts in

Archives


In times of financial crisis, it is the loans that give you the much-needed respite and help you out of the bad times. Fintech lenders provide convenient access to credit to a diverse set of consumers, including new credit customers and other underserved sections. However, in the midst of financial crisis and desperate times, borrowers …

With reduced interest rates and motivated sellers, homeownership has never been more accessible. However, very few of us are able to finance the purchase without the help of a home loan. And while Ooba Home Loans reports that 80.7% of its applicants successfully secured home loan financing in the first quarter of 2021, 15% of …

By Express press service HYDERABAD: Hyderabad’s cybercrime wing has filed a complaint with the court in one of the cases registered against microcredit applications handled by Chinese nationals. The suspects working for China-based companies in India had siphoned off up to Rs 30,000 crore from the public in the form of loan collections. The cybercrime …

HYDERABAD: Six months after Hyderabad police filed criminal action against representatives of mobile apps offering high-interest loans – allegedly harassing defaulting debtors by defaming them – days ago , the police filed an indictment against the defendants, including those arrested. Chinese national Zhu Wei alias Lambo, in front of the Nampally Criminal Court. Cybercrime detectives …

Need money urgently? Here’s how to get a personal loan online New Delhi: Whether it’s a vacation, a home improvement project, a wedding, or an emergency, a personal loan can help you meet the need of the hour as quickly as possible. When you need to access hassle-free funds, consider an emergency personal loan. As …

Photo: PA (PA) Every month or so, sometimes even faster than that, there will be a new report on how long and crazy auto loans have become nowadays and, maybe because I’m an anxious person, these stories make me tick. A report released Thursday says yes, both big and long loans for large SUVs and …

You have decided to do it: you are going to take the plunge and buy a house. You apply with a local mortgage lender or online, only to be notified that your application has been denied. Although it is disappointing, you are not alone. Mortgage refusals happen to a lot of people. The first thing …

The home loan market in the country rebounded and recorded a 9.6% annual growth in portfolio outstanding (PoS) in the third quarter of fiscal 2021, despite the COVID-19 pandemic, according to a report. The outstanding portfolio of the sector stood at Rs 22.26 lakh crore in December 2020, up from Rs 20.31 lakh crore in …

Bombay: The home loan market in the country has rebounded and recorded 9.6% annual growth in outstanding portfolio (PoS) in the third quarter of fiscal 2021, despite the COVID-19 pandemic , according to a report. The sector’s portfolio outstanding amounts to ??22.26 lakh crore in December 2020, compared to ??20.31 lakh crore as of December …

The home loan market in the country has rebounded and recorded 9.6% annual growth in outstanding portfolio (PoS) in the third quarter of fiscal 2021, despite the COVID-19 pandemic , according to a report. The sector’s portfolio outstanding stood at Rs 22.26 lakh crore in December 2020, up from Rs 20.31 lakh crore in December …

Public sector lenders have been successful in maintaining their market share in the increasingly competitive mortgage market, but private peers have captured the more lucrative parts. Housing finance companies have lost part of the top segment of the market while retaining part of the affordable home loan segment. Data from the CRIF High Mark credit …

MUMBAI: The home loan market in the country rebounded and grew 9.6% year-on-year in terms of outstanding portfolio (PoS) in the third quarter of fiscal 2021, despite the pandemic of Covid-19, according to a report. The sector’s portfolio outstanding stood at Rs 22.26 lakh crore in December 2020, up from Rs 20.31 lakh crore in …

The changes would be automatic when the repo rate changes. By Chaitali Dutta I want to prepay my mortgage. I work overseas and cannot visit India due to Covid. Can I pay the full amount online and ask the bank to send me an electronic copy of my papers at home?—Amit KhannaYes, it is possible …

Amid the pending changes to the 2009 Agri-Agra Reform Credit (Agri-Agra Act), the Land Bank of the Philippines (LANDBANK) has said it is willing to review its existing loan application requirements to allow it is easier for farmers and fishermen to borrow. of the state bank. In a statement, LANDBANK said it fully supports the …

Credit history plays an important role in a bank’s decision to get a loan Image Credit: Shutterstock Dubai: If your loan applications continue to be rejected despite a good credit history, there may be a common reasoning as to why. Your debt-to-income ratio, or simply debt-to-income ratio, is detrimental to lenders who decide whether or …

Residents of all parts of Vietnam can borrow money using one of the modern methods – online loan from Senmo. This form of borrowing money does not require employment certificates or collateral. You don’t need to stand in line. Advantages and characteristics of the à la carte loan For several years now, online lending has …

When things go wrong and money is tight and we run out of people to turn to for help, advancements in technology could save the day. And such advancements could take the form of loan applications. Southeast Asia is currently experiencing rapid growth in the FinTech industry, which includes online lending companies. While there is …

The Enforcement Branch tied ₹ 76.67 crore to various bank accounts and payment gateways linked to some Chinese loan application companies and their Indian associates. The ED’s money laundering investigation is based on various cases recorded by the Bengaluru police, following complaints from several people who had used loans through the apps and were subsequently …

Bangalore: The Directorate of Enforcement (ED) has attached a crore of Rs 76.67 in various bank accounts and payment gateways belonging to Chinese loan application companies and their Indian associates. The interim seizure order was issued under the Prevention of Money Laundering Act 2002 (PMLA). The agency opened an investigation on the basis of various …

PROVO, Utah – A woman from Provo pleads guilty to her role in a Paycheck Protection Program (PPP) loan fraud program. Both owner and employee plead guilty and await conviction A statement released last week by the Utah District Attorney’s Office said Lisa Bradshaw Rowberry, 49, was employed by the Frisbu trucking company. The owner …

SALT LAKE CITY — Lisa Bradshaw Rowberry, 49, of Provo, pleaded guilty to her role in the Paycheck Protection Program (PPP) loan fraud scheme last week in federal court. Rowberry pleaded guilty to loan application fraud for illegally obtaining a Federal Paycheck Protection Program (PPP) loan for the trucking company Frisbu, where she was employed …

The Loan Market Group announced that it had taken the “decisive decision” to extend its customer relationship management (CRM) system to all 7,000 brokers in the group, in a phased approach. After finalize its acquisition of National Australia Bank (NAB)’s three broker aggregation firms Choice Aggregation Services, FAST and PLAN Australia earlier this year, the …

This content was published on May 6, 2021 – 10:21 AM May 6, 2021 – 10:21 AM (Bloomberg) – European loan issuance by companies has fallen since last year’s record rush for liquidity, as borrowers turn to better terms offered on other types of debt such as bonds . Loan sales for Europe, Middle East …

The US Small Business Administration has announced that the Economic Disaster Lending Program (EIDL) application deadline for COVID-19 pandemic disaster declaration is extended to December 31, 2021. The extension of the deadline follows the recent bipartisan COVID-19 relief bill passed by Congress and enacted by President Trump on December 27, 2020. To date, the SBA …

Nationstar Mortgage Holdings Inc., currently known as Mr. Cooper, based in Texas, is the largest provider of home loan services in the country. The company’s services involve ingenious ownership that benefits its customers. Whether it’s for a home loan, refinancing, sale or purchase, Mr. Cooper has an excellent track record of satisfied customers and enthusiastic …

LendingCrowd said its lending market will remain closed to lenders, but will be reviewed on a monthly basis. In November, the peer-to-peer lending platform said retail investors will not be able to fund new loans on its platform for the foreseeable future after focusing on funneling funds. institutions through the Business Interruption Loan Program (CBILS), …