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Banks are already assessing transition risks in lending: HKMA
A new study finds that APAC banks charge "brown" businesses a higher lending rate than "non-brown" businesses, by about 23 basis points, since the Paris Agreement.
The Hong Kong Monetary Authority (HKMA) released a research…
Covid deaths, bank deposits and bad debts
Districts with higher death rates during the pandemic showed bank deposit outflows, an increase in home loan NPAs and a rush to raise gold loans
The!-->…
Homeowners have offered cryptocurrency-backed loans to fund home improvement projects –…
How buying a house is in itself a serious investment, homeowners often lack the money to finance further improvements to their property. While…
Do you have student loans? It is possible to make them forgive
Milkos / Getty Images / iStockphotoCurrently, 45 million people are in student loan debt, totaling about $ 1.7 trillion.. Many borrowers may feel like they are drowning; some cannot imagine a future where all their debts will be paid off.…
Biden doesn’t have the legal authority to cancel student loans, but is Nancy Pelosi wrong?
President Joe Biden (left) and House Speaker Nancy Pelosi (Photo credit: TIM SLOAN / AFP via Getty ... Images)
AFP via Getty Images
House Speaker Nancy Pelosi said President Joe Biden does not not have the…
Public sector banks report major slippages in lending to MSMEs in the first quarter
During the first trimester of FY22, public sector banks have reported a substantial increase in further slippages in their small business loan portfolios, indicating a tangible symptom of stress in the MSME wallet. The second wave of…
The rise of small loans in times of COVID
The COVID-19 outbreak in 2020 impacted borrower behaviors, especially in the consumer segment, which continued into 2021.
As a result, between March and May of this year, low-cost loans increased two to seven times, mainly due to strong…
FOIA data reveals tons of “submarine borrowers” before repayment cliff
Federal data shows that despite the interest-free payment break allowing borrowers to find some breathing room during the pandemic, two-thirds of the nearly 430,000 student loan borrowers were still "underwater" - meaning that 'they still…
Upstart Personal Loan Review 2021 – Forbes Advisor
The best personal loans offer competitive rates, flexible loan amounts, and a wide range of terms. Here's how Upgrade Personal Loans stack up against other popular lenders:
pushy vs. To improve
Upstart and Upgrade…
Public sector banks report sharp declines in loans to MSMEs in the first quarter
A visible sign of tension in the MSME portfolio, public sector banks reported a sharp increase in further slippages in their small business loan portfolio during the first quarter of FY22. The second wave of the pandemic appears to have…