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Lending cash
Payday loans drop 39% during pandemic
Christopher Shultz, Acting Commissioner of the California Department of Financial Protection and…
Do you have $ 5,000? 5 brand actions that will make you richer in July (and beyond)
Last week, the three major U.S. stock indexes did what they've apparently been doing consistently throughout the year: hitting new highs. Yet despite the all-time records, history conclusively shows…
Deephaven Announces New Asset Use Options to Increase Partner Out-of-Branch Lending Opportunities
CHARLOTTE, North Carolina - (COMMERCIAL THREAD) - Non-agency lender Deephaven today announced new progressive income qualifying options to allow brokers and correspondents to compete to attract more creditworthy borrowers who are…
The European P2P loan platform Mintos changes status to E-Cash, Dziesiatka
European peer-to-peer lending platform Mintos would have changed the status of E-Cash and Dziesiatka on its platform.
The Mintos team writes in a blog post:
"In addition to recovering funds from E-Cash and Dziesiatka, we are changing the…
Rich countries to spend $ 30 billion in IMF cash on investments in Africa – African ministers
A participant stands near an IMF logo during the 2018 annual meeting of the International Monetary Fund - World Bank in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS / Johannes P. Christo / File PhotoLONDON, July 9 (Reuters) - Rich…
Management of cash cycles
An old friend of mine is a successful Silicon Valley investor and venture capitalist. When I asked him recently what he wanted from the companies he invests in, he was blunt, “Hire good people and don't run out of money. That's all I…
Covid relief: unconditional cash transfers are useless, targeted credit works better, says CEA KV…
In contrast, capital expenditures that create assets have a high multiplier of 4.5 and therefore are more desirable, Subramanian said. Controlling revenue spending frees up space for higher budget investments.Lavish money transfers that…
People should donate the money they saved to struggling restaurants
Despite the "anguish" of the hotel industry, we must not reopen too quickly.…
The Fed’s reverse repo peaks at $ 1,000 billion. Cash Drain cancels 8 months of QE
Giant sucking sound of money.
By Wolf Richter for WOLF STREET.
Back on June 9, when I was discussing the Fed's gigantic liquidity drain operation via day-to-day "reverse repos", I reflected on our illustrious comments: On Excess…
Timing of fixing the SME sector
Often touted as the backbone of an economy, Bangladesh has never wholeheartedly nurtured the cottage, micro, small and medium enterprise sector like governments around the world, especially those of China, 'India, United Kingdom and…