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Figure’s Nasdaq Debut Signals Strong Appetite for Real‑World Asset Finance
New ReviewFigure CEO Michael Tannenbaum talks IPO raising ~$787.5M and share jump on debut, spotlighting surging demand in blockchain‑powered finance.
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Ghana's debt distress: Demonstrators condemn high cost of loans for Africa
There have been marches in Ghana's capital Accra, condemning the high cost of credit for African economies.
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Community lenders like SELF are stepping in when homeowners need help
In the case of SELF, its mission is to help low- and middle-income households make necessary home repairs and upgrades that support sustainability. (Scripps News)
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Who wins and who loses? Jamaica on China's Belt and Road Initiative
This year Jamaica became the 10th Caribbean country to formally sign on to China's Belt and Road Initiative. China's investments have brought much-needed infrastructure to the region, but with that has also come some friction. CBC News...
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LendingTree Grows Consumer Platform to Educate and Support Borrowers
For years, LendingTree has fueled its growth with product acquisitions and new services. The company is now expanding on that growth with its consumer platform, My LendingTree, which creates a vast marketplace for comparing rates.
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RBC 'regrets' labelling error on customers loans and mortgages
Some customers of Canada's biggest bank are upset over an error involving their mortgages. RBC told them they were signing up for what the bank called an 'accelerated' payment, which allows them to pay down their mortgage faster. But...
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Pelosi to Cheddar: GOP Has Saddled Millennials with 'Unconscionable' Debt
Young Americans face a double burden from crushing student debt and the ballooned federal deficit that is the result of President Trump's tax cut, House Speaker Nancy Pelosi told Cheddar's J.D. Durkin in an interview that aired...
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Ontario students protest over government's plans to cut tuition
Ontario's Progressive Conservative government is eliminating free tuition for students from low-income families while also cutting tuition fees. Students say they're happy to hear tuition will drop by 10 per cent in September, but worry...
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Fat Brands CEO Andrew Wiederhorn Says Government Shutdown Hurts Franchisees
The ongoing government shutdown will hurt franchisees, Fat Brands CEO Andrew Wiederhorn told Cheddar on Monday. The closure of the Securities and Exchange Commission may inconvenience companies like Fat Brands, which need access to the...
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Government Shutdown Is Hurting Franchisees: Fat Brands CEO
The ongoing government shutdown will hurt franchisees, Fat Brands CEO Andrew Wiederhorn told Cheddar on Monday. The closure of the Securities and Exchange Commission may inconvenience companies like Fat Brands, which need access to the...
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Fintech Start-Up Domuso Wants to Disrupt the Process of Paying Rent
When thinking about untapped markets, the founders of Domuso, a full-stack software platform for paying rent, looked to the rental market: about 40 percent of Americans rent, and of those, only one to two percent pay their monthly...
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Alberta oil workers to take fight to Ottawa
Many Albertans say they feel frustrated with Ottawa's inaction regarding the energy sector. Oil workers in the province say they have a new plan to make sure they're heard. CBC's Austin Grabish reports.
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Pipeline politics: Ottawa pledges $1.6B for oil and gas industry
Canada's battered energy industry got a $1.6 billion boost from Ottawa today, an attempt by the Liberals to slow the political and economic bleeding in the oilpatch. But it may not be enough for those in the region.
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Oilpatch says Ottawa's new funding still not enough
Canada's struggling oil-and-gas industry got a $1.6B boost from Ottawa. Most of that money comes in the form of commercial loans something Alberta's premier says is a good first step. But she insists more needs to be done.
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HSBC Taps Avant for Digital Loan Platform
HSBC U.S. has recently partnered with online lender Avant to push tap into the growing market for online personal loans. Jeremy Balkin, head of innovation at HSBC, said this new technology allows the bank to lend to anyone even if they...
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HSBC Taps Avant for Digital Personal Loan Platform
HSBC U.S. has recently partnered with online lender Avant to push tap into the growing market for online personal loans. Jeremy Balkin, head of innovation at HSBC, said this new technology allows the bank to lend to anyone even if they...
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HSBC Taps Avant for Online Personal Loan Platform
HSBC U.S. has entered the personal loans arms race through a partnership with the online lender Avant, in the decades-old institution's latest initiative to bring its business further into the digital-first present, level the playing...
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Debt Nation: How car loans are fuelling financial problems for Canadians
With most borrowing money in order to make this purchase, longer and longer car loans are becoming a financial problem for drivers down the road.
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Canadians are swimming in more than $2 trillion of debt | Debt Nation
Canadians are positively swimming in debt. More than $2 trillion, in fact, according to the latest numbers from the Bank of Canada. That's up by almost four per cent in the past year, despite repeated dire warnings from economists,...
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How deep is the debt?
Peter Armstrong looks at what would move Canadians from debt concerns to debt crisis
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The new norm of longer car loans
Canadians are buying more vehicles than ever. With most borrowing money in order to make this purchase, Jacqueline Hansen reports that longer and longer car loans are the new normal.
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Reduced College Tuition for a Share of Future Earnings
Norwich University is offering students Income Share Agreements, reduced tuition in exchange for a share of their future income. Daphne E. Larkin, director of media relations and community affairs at Norwich University, describes the...
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To Ease Debt, College Asks for Cut of Students' Future Paychecks
Norwich University is offering students Income Share Agreements, the opportunity for reduced tuition in exchange for a share of their future paychecks. Daphne E. Larkin, Director of Media Relations & Community Affairs at Norwich...
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Details revealed of latest Greek bailout
Lenders in the Euro zone say they plan to put together a debt relief deal for Greece which will be credible to international investors. Chairman of euro zone finance ministers group, Mario Centeno, speaking on the sidelines of the G7...