Sometimes there are situations when it is not possible to repay the loan on time. Late payment or failure to pay a debt on time hurts your credit history. Banks do not give loans to people with negative credit histories, and if they do, they charge high interest rates. By …
Read More »Kenya seeks to govern digital lending rates
The central bank of Kenya is proposing new legislation to govern the interest rates charged on loans from digital lenders. Online lenders will need the green light from the central bank to roll out new offers or raise lending rates if the legislation is enacted, Quartz Africa reported. Online loans …
Read More »HDFC Bank could see credit growth but its margins will remain under pressure in the first quarter
HDFC Bank is expected to outperform its counterpart in the first quarter results to be released on July 18, although most banking results are expected to remain silent due to the impact of the coronavirus. In the opinion of the Reserve Bank of Moratorium on loan repayment, asset quality could …
Read More »How social impact start-ups are solving the challenges of Covid-19 in Brazil
In the current crisis, Brazil is unfortunately the country with the second highest number of cases, exceeding a million Tests positive for Covid-19 by mid-June. One month later, more than 70,000 lives were lost. More … than 40 percent of employment in Brazil is part of the informal workforce, resulting …
Read More »Ranking: Best Payday Loan Deals in Nigeria in Q1 2020
Back in January this year, long before the COVID-19 pandemic had usl rethink our plans, Tony (pseudonym) was contemplate Who bank payday loan to take advantage of. At the time he had a small business idea it was put together, and the savings in his bank accounts had to be …
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