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Latest Loan/Mortgage News

HMRC breached human rights in tax avoidance crackdown, campaigners claim
The tax office has targeted around 50,000 self-employed people with a “loan charge”, set to hit in April, which those liable claim will see them forced into bankruptcy. The dispute arises from the contractors use of complex arrangements, popular and
Updated: 10/01/2018 09:42A

Margin Loans: A Savvy Way to Use Your Brokerage Account?
In this scenario, you can take your cash out as a loan or keep the cash in the account and use it to purchase more investments. The borrowing rate (margin rate) can vary, but if the additional investments outperform the costs of the loan, you could
Updated: 10/01/2018 09:33A

FM Arun Jaitley defends huge write-offs by PSU banks in last 4 years, says do not lead to any loan waivers
Few hours after media reports pointed out the Public Sector Banks (PSBs) write-offs were seven times higher than the recovery, Finance Minister swung into action and defended the concept by saying that they are not loan waivers. In a Facebook note
Updated: 10/01/2018 09:26A

New solar REIT to make long-term solar loans
A new company, Radiant REIT, is inviting loan inquiries from solar developers to refinance short-term debt and buy out tax equity investors. Radiant REIT plans to issue long-term loans that match the duration of a solar projects lease or power
Updated: 10/01/2018 08:48A

MNJ Capitals $100 Million Loan
MNJ Capital, S.A.P.I. de C.V., SOFOM, ENR (MNJ), secured a $100 million loan from Gramercy Funds Management MNJ Capital provides credits to Pemex suppliers. Gramercy Funds Management LLC is an employee owned hedge fund sponsor. The Firm ...
Updated: 10/01/2018 12:40A

Coles rolls out personal loan deals
Coles revealed it has added another financial service to its list of offers available - following on from credit cards and insurance products. Consumers often sign up to unsecured personal loans for overseas holidays, home renovations or even debt ...
Updated: 09/30/2018 10:01P

Wa Community Co-operative Credit Union Declares War On Loan Defaulters
Naa Bawa Seidu, the Board Chairman of Wa Community Co-operative Credit Union (WACCU), has urged members to support the Board to wage a relentless war against loan delinquency which has slowed down operations of the union. Non-payment of ...
Updated: 09/30/2018 05:31P

IRD collects 170 times more from students living in Australia
IRD collected just $10,000 in unpaid tax from people living in Australia last year, but netted $1.7 million in student loan repayments from Australia. The IRD made just eight requests for assistance from the Australian Tax Office (ATO) in the 2017/18
Updated: 09/30/2018 04:20P

Locals to lend more of Sh2trn loans ahead of Uhuru exit
The funds will go into implementing Mr Kenyattas Big Four plans, the Treasury projections show. Increased domestic borrowing, analysts say, may hurt flow of loans to the private sector with September 2016 legal ceilings on loan charges still in place.
Updated: 09/30/2018 03:00P

Feds to return $505M from Kansas mans payday loan scheme
The agencies evaluated loan portfolios from seven of Tuckers brands under his company, AMG Services — 500FastCash, Advantage Cash Services, Ameriloan, OneClickCash, Star Cash Processing, UnitedCashLoans and USFastCash — to find consumers ...
Updated: 09/30/2018 02:11P

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