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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 Affiliate Bans High-interest Consumers Loan ProductsValueWalk
Jack Ma's Alipay Caps Online Loan Rates at 24%, Lenders TumbleBloomberg
Alibaba's finance arm bans high-interest consumer loansFinancial Times
Asia Times
all 8 news articles »


Sonoma West

SBA providing loan assistance for fire victims
Sonoma West
As the slow and painful rebuilding process gets underway following the 2017 fires, the Small Business Administration's Office of Disaster Assistance is offering low interest loans to fire victims to help them get back on their feet and fill in gaps in ...

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Bloomberg

Banks Squeeze India Firms Harder in $207 Billion Bad Loan Fight ...
Bloomberg
Roiled by India's high-profile corporate defaults, the nation's lenders are tightening the screws on borrowers with stricter debt covenants and greater ...

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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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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 ...



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 ...

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betterU Announces Amendment to Loan Agreement TSX Venture ...
GlobeNewswire (press release)
OTTAWA, Nov. 23, 2017 (GLOBE NEWSWIRE) -- betterU Education Corp. (TSX-V:BTRU) (Frankfurt:5OGA) (the “Company”) announces that it has negotiated ...

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CNNMoney

Citibank fined for illegal student loan servicing practices
CNNMoney
Citibank must pay $6.5 million for illegal student loan servicing practices, the Consumer Financial Protection Bureau said Tuesday. An investigation found that from 2006 to 2015 the bank charged incorrect late fees and interest, overstated minimum ...
Student loan borrowers to share $3.75M from Citibank for failures that led to overpaymentsUSA TODAY
Citibank Must Pay $6.5M for Loan Servicing FailuresInside Higher Ed
Citibank Agrees To Pay $6.5 Mln Fine On Student Loan FailuresNasdaq
PYMNTS.com -Consumerfinance - Consumer Financial Protection Bureau
all 25 news articles »

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