Tag: Loans
More Americans buy groceries with buy now, pay later loans
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesA growing number of Americans a [...]
Covid loans: Uncertainty over £400m yet to be paid back
There is a "high degree of uncertainty" over how much of the hundreds of millions of pounds lent to sports bodies during the Covid pandemic will be re [...]
Affirm says JPMorgan Chase merchants can soon offer installment loans
Max Levchin, co-founder of PayPal and AffirmDavid Paul Morris | Bloomberg | Getty ImagesFintech lender Affirm said Tuesday that it's reached an agreem [...]
Xapo Bank launches Bitcoin-backed USD loans targeting hodlers
Xapo Bank, a global cryptocurrency-friendly bank headquartered in Gibraltar, is betting on crypto lending revival by launching Bitcoin-backed US dolla [...]
Americans See Growing Risk They’ll Get Turned Down for Loans – Forex Factory
Americans See Growing Risk They’ll Get Turned Down for Loans Forex Factory
www.forexfactory.com [...]
Chancellor Rachel Reeves’ intervention in car loans case rejected
Chancellor Rachel Reeves' attempt to intervene in a landmark case over controversial car loans has been blocked by the UK's highest court.The Supreme [...]
White House Budget Office Orders Pause in All Federal Loans and Grants
The full extent of the order was not immediately clear, but the directive sent to government agencies on Monday threatened to paralyze a vast swath of [...]
Liquidation Cascade Ahead? ‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M
Thus, the surge in these risky loans is noteworthy as it can lead to a liquidation cascade. In this self-reinforced process, a series of liquidations [...]
American consumers are increasingly underwater on their car loans
Cars sit on a Chevrolet dealership's lot on June 20, 2024 in Chicago, Illinois. A cyber attack on CDK Global, a software provider that helps dealershi [...]
Japan Bitcoin Buyer Metaplanet Arranges Loan to Purchase $6.8M of BTC
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Ledn Processed Over $1.16B of Crypto Loans in First Half of 2024
"While we can’t speak for other crypto lenders, we estimate that Ledn is likely now responsible for more than 50% of the retail loan originations give [...]
CRV Slides 30% as Loans Tied to Curve’s Founder Face Liquidation Risk
Wallet transactions show that Egorov is actively taking steps to mitigate risks. In the early Asian hours, several loans were repaid on Inverse and Ll [...]
Affirm buy now, pay later loans coming later this year
Chris Ratcliffe | Bloomberg | Getty ImagesApple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the com [...]
Biden Administration Cancels Another $7.7 Billion in Student Loans
The announcement applied to 160,000 federal loan borrowers and brings the total debt canceled by the administration to $167 billion.
www.nytimes.com [...]
Crypto Lender Ledn Reports Record $690M Loans in First Quarter as Lending Market Snaps Back
The crypto lending sector imploded in 2022 alongside dwindling asset prices, spurring lenders including Celsius, BlockFi and Genesis to file for bankr [...]