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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 FallBloomberg
Alibaba's finance arm bans high-interest consumer loansFinancial Times
Asia Times
all 9 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
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 ...

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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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Federal Home Loan Bank of San Francisco Announces 2017 Director Elections Results
GlobeNewswire (press release)
The Federal Home Loan Bank of San Francisco delivers low-cost funding and other services that help member financial institutions make home mortgage loans to people of all income levels and provide credit that supports neighborhoods and communities.

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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 ...



Hospital Authority approves updated loan resolution
Sequoyah County Times
Northeastern Health System Sequoyah Board of Trustees Tuesday night approved an updated resolution for a $4 million loan that would be used to pay off a portion of the hospital's existing debt and make some improvements. CEO Julie Ward said the ...

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Just Approved: Bridge loan helps borrowers as they pursue graduate degrees
SFGate
Wyatt was also able to obtain the client's a bridge loan: a short-term loan on their current residence to be used as partial down payment for the new purchase, so that the couple did not have to sell their existing property before closing on the new home.



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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