Shivraj Singh Chouhan warns against unlicensed money lending law July 3, 2020 Chief Minister of Madhya Pradesh Shivraj Singh Chouhan said on Friday that a law would be enacted to prevent money lenders from operating unlicensed…
Man arrested for illegal loan of money and undue obstruction June 17, 2020 Pune: A man was arrested by Pune police on Tuesday for unduly obstructing a 25-year-old and sentenced under a state law that restricts the…
Nigeria Money Lending License Procedure – Finance and Banking June 11, 2020 Nigeria: Nigeria Money Loan License Procedure June 11, 2020 Law firm in resolution To print this article, simply register or connect to Mondaq.com. introduction…
After Facebook-Jio Deal, WhatsApp Seeks To Continue Lending Digital Money In India; details inside April 29, 2020 Parent company Facebook has only invested $ 5.9 billion in Reliance Jio and as part of the partnership, JioMart has started selling groceries through…
Money lending in Hong Kong – Pitfalls for lenders and protections for borrowers February 17, 2020 As of December 31, 2019, there were over 2,300 approved lenders in Hong Kong. Approved lenders, outside the banking system, are an alternative source…
Rajinikanth told the Income Tax Department that he was in ‘lending money’ January 30, 2020 The actor claimed to have issued loans to the tune of 2.63 crore in 2002-2003. Tamil movie star Rajinikanth, against whom the Income Tax…
“I hope to see an attractive proposition for money lending” January 27, 2020 By Nimish Gupta The liquidity crisis affecting the sector is one of its biggest challenges. The government has already taken bold steps to unlock…
Britain’s PremFina applies for money-lending license as he considers Irish market December 8, 2019 PremFina, a UK-based insurance premium finance company, is poised to expand into the Irish market after applying for a money lending license from the…
Mobile money lending in Kenya helps but also increases debt – Quartz Africa October 5, 2019 Over the past 10 years, mobile lending has increased in Kenya. Some estimates put the number of mobile lending platforms at 49. The sector…
Cox: Real estate investors benefit as competition eases hard money lending terms September 17, 2019 Following the housing crash that rocked the US economy in the mid to late 2000s, real estate investors had few borrowing options as financial…
Luxury real estate veterans are now successful in the hard money lending arena September 5, 2019 $ 250 million in loans produced for clients unable to obtain traditional financing MIAMI, FL / ACCESSWIRE / September 5, 2019 / M&M Private…
GHL obtains money lending licenses in Malaysia and Thailand August 13, 2019 KUALA LUMPUR (Aug 13): Payment systems provider GHL Systems Bhd said it has obtained operating licenses from respective regulators to launch money lending services…
Farm financial planner: Farm succession thanks to intergenerational money lending August 9, 2019 A couple we’ll call Bob and Tess, both 59, have been farmers in central Manitoba for four decades. Their farm has 3,000 acres, mostly…
How are the changes affecting hard money lending? July 11, 2019 As the chairman of a private asset-based lender, I am often asked if increasing interest rates at the federal level will affect the rates…
Lending hard money hurts house overturning June 13, 2019 The volume of lending to domestic palms soared last year to around $ 20 billion (Photo credit: iStock) The number of “hard money” lenders…
Money lending apps publicly shame people who don’t pay on time May 23, 2019 In the Philippines, money lending apps have found a unique and failed way to collect debts. Apps shame late debtors by threatening them and…
14 wealthy loan sharks arrested by Thai police as threat of money lending and debt remains big issue February 10, 2019 The arrest on Friday in Bangkok of 14 loan sharks lending money at a daily interest rate of up to 20% is a reminder…
RCE Capital Funds Fintech money lending in Singapore January 23, 2019 Malaysia-based finance company RCE Capital has injected millions into Singapore’s fintech company, which could compete with banks’ personal loan facilities. RCE Capital has taken…
Xiaomi plans to launch money lending services in India, seeking RBI approval – Technology News, Firstpost October 16, 2018 tech2 News StaffOct 16, 2018 10:06:43 a.m. IST After changing the face of the Indian smartphone market, Xiaomi now plans to enter the consumer…
The Sophisticated Algorithms Behind Peer-to-Peer Money Lending August 24, 2018 From collapse comes opportunity. In the aftermath of the financial crisis that hit the world ten years ago, one of the results was that…
These money lending apps help millennials earn money in their future! August 10, 2018 It is a well-known fact that millennials have incorporated technology into their daily routine. The tech-savvy generation uses online or tech platforms…
Lionshare Lending Provides Fast and Easy Cash Loans Nationwide June 26, 2018 JOHNSON CITY, Tennessee – (COMMERCIAL THREAD) – Lionshare Lending offers various hard money loan programs specially designed to meet your needs. Their new website…
Opinion: Mobile money lending carries risks that call for regulation May 12, 2018 The mobile phone and all its associated applications have impacted Africa’s social and economic development in ways that were totally unforeseen two decades ago….
Money lending from rich Punjabi farmers widens wealth gap in countryside-Business News, Firstpost April 18, 2018 A large part of the farmers in Punjab borrow from large farmers as it does not involve any paperwork required when applying for a…
Decoding the different models of microfinance and money lending in India March 25, 2018 Micro-finance is essential for the financial inclusion of long excluded sections of Indian society Microfinance is intended to provide very small loans to the…
Intuit launches into money lending November 17, 2017 Intuit launched QuickBooks Capital, a loan product aimed at small businesses, and in particular new small businesses. The product joins a growing pool of…
Victims of informal illegal money lending in UAE – News January 7, 2017 Photo for reference only Many small business owners turn to private lenders as a last resort to overcome temporary cash shortages By VM Sathish…
Communities continue to adopt an age-old practice of lending money September 27, 2016 Who Said You Need Banks To Lend And Borrow Money? HENG CHIVOAN While the banking and microfinance industries are thriving at a tremendous rate…
Lenny Launches Money Lending App at SXSW, Offering Millennials Lines of Credit and Helping Build Credit Ratings March 16, 2016 SANTA MONICA, Calif .– (COMMERCIAL THREAD) – Lenny today announced the nationwide launch of its new money lending app with peer-to-peer payment capabilities. The…
HFC Bank to Release Those Caught in Money Lending Cycle January 23, 2016 The government and in particular Finance Minister Aiyaz Sayed-Khaiyum have consistently highlighted the vicious circle of money lending in which many Fijians are caught….
Peter Crook: The down-to-earth boss who lends money to people High Street banks don’t like | London Evening Standard July 10, 2015 W hen I met Antony Jenkins, sacked this week as CEO of Barclays, he asked me what I would do with his bank. To…
Auxmoney raises $16 million to expand its P2P money lending platform beyond Germany – TechCrunch May 13, 2014 Germany’s Auxmoney, a peer-to-peer marketplace for lending money, has closed a $16m Series B funding round, led by Foundation Capital. Partech Ventures and Scott…
Money lending laws do not apply to NBFCs, Gujarat High Court says April 13, 2014 The decision is a big respite for non-bank financial companies; but the judgment leaves several questions unanswered about loan sharking in India, such as…
CompareHero: the money lending company April 5, 2014 Money lenders have been around for a long time. In fact, money lending has been referenced in several religious books and countless works of…
Informal money lending in Cambodia competes with banks and microfinance institutions July 2, 2013 Despite the rapid development of the banking sector in Cambodia, informal and unauthorized lending of money, especially in rural areas, continues to thrive and…
It’s time to tackle the problem of lending money June 15, 2013 In 1984 today tonightthe precursor of RTÉ Prime timeaired a groundbreaking pawnshop show featuring a young Joe Little stepping on the doorstep of some…
Money loan racketeering exposed July 1, 2011 By Julius Businge Bank of Uganda to introduce consumer protection mechanism What would make you borrow 500,000 Shs from a money lender at an…
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