Bad debts, inflation and regulation – MercoPress

Argentina’s banks face tough year: bad loans, inflation and regulations Thursday, March 4 2021 – 09:24 UTC The central bank is forcing banks to pay minimum rates of 37% on retail deposits, while allowing them to charge only 24% on loans to small and medium-sized businesses Rising inflation, bad loans …

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People’s loan is now available for DACA beneficiaries

NEW MEXICO (KRQE) – It’s getting easier and easier for dreamers in New Mexico to own their own home. The federal government has just announced a change in its policy on DACA home loans. “It’s not like dreamers weren’t able to get mortgages before, but now they can get one …

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BNPL Firm Sezzle Allies with Ally Lending

Share Tweeter Share Share Share E-mail FinTech Sezzle has partnered with Ally loan, a digital financial services company. This will allow Minneapolis-based Sezzle to offer more long-term loans. “Our collaboration with Ally Lending enhances our customer financing offerings, enabling consumers to better manage their finances,” said Charlie youakim, Executive Chairman …

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Valaris plc enters into $ 500 million DIP term credit agreement

LONDON, September 28, 2020 / PRNewswire / – Valaris plc (OTC: VALPQ) (“Valaris” or the “Company”) announced today that, on September 25, 2020, the company has entered into a $ 500 million Debtor in Possession Term Loan Agreement (“DIP”) with certain of its Noteholders. This agreement was executed after receiving …

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