Banking

Predators lend six to ECHL’s Florida Everblades

Nashville, Tenne Everblades of Florida until the start of 2020-21 training camps for Nashville or Milwaukee (AHL). Craggs and Jeannot both spent time with the Everblades – Nashville’s secondary development affiliate – during the 2019-20 season. As a rookie, Craggs played 12 games for Florida, scoring 11 points (6g-5a) and …

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What is the impact of COVID-19 on peer-to-peer lending?

Peer-to-peer loan research firm 4th way came out with a brief note on the impact of the coronavirus pandemic (COVID-19) on the P2P industry. According to 4thWay, a minority of investors are selling their loans because of the risk associated with the outbreak. The report notes that unlike the recent …

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Taxpayers warned before the impending deadline

Taxpayers subject to controversial tax loan fees now have less than a month to settle their debts with HM Revenue and Customs. Charging firm UHY Hacker Young reminded those affected by the charge that they have until September 30 to file their 2018/19 self-assessment returns and negotiate a settlement or …

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Kabbage bounces back after entering US loan program

Kabbage, the SoftBank-backed small business lending startup, said it processed more than $ 3.5 billion in Paycheck Protection Program loans, six weeks after shutting down lending operations in the middle of the Covid-19 crisis. The turnaround follows a lobbying pressure by Kabbage and other fintech lenders for approval to help …

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ASTL warns against reintroduction of general ban on seizures

“We believe that any extension of the moratorium will significantly slow down the recovery towards which all stakeholders are working.” The Association of Short-Term Lenders (ASTL) has written to HM Treasury, offering to collaborate on any potential extension of the enforcement moratorium following the latest nationwide foreclosure. In the letter, …

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