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      Home»interest rates

      Tag : interest rates

      Oportun Capping Rates at 36% and Pausing Collections

      July 29, 2020
      Fintech, USA
      Views : 346
      0

      Oportun is making some changes in response to the pandemic; they have decided to dismiss all pending collections cases as well as suspend filings of ...

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      Blend Now Processing More than $3 Billion in Mortgages and Consumer Loans Per Day

      July 10, 2020
      Fintech, Real Estate, USA
      Views : 278
      0

      Mortgage fintech Blend is on a roll; Blend’s customer base now accounts for more than 25% of the $2.1 trillion U.S. mortgage market by origination ...

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      LendingClub’s Update to Borrowers and Investors Amid COVID-19 Pandemic

      April 1, 2020
      Fintech, USA
      Views : 542
      0

      Given LendingClub is a platform serving borrowers and investors there is a lot of transparency on what changes they are making related to ...

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      LendingClub Increasing Interest Rates

      March 31, 2020
      Fintech, USA
      Views : 311
      0

      LendingClub is increasing their interest rates to new borrowers ranging from 2% to 4% depending on the loan grade; LendingClub also noted that investors may ...

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      Fintechs Slash Rates and Lose Potential Selling Point

      March 19, 2020
      Fintech, USA
      Views : 304
      0

      Fintechs have started to follow the Fed and slash rates on savings accounts by an average of 1 percent; the move could remove ...

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      Banks Worried Low Rates Will Cut Margins and Not Spur Borrowing

      March 17, 2020
      Europe, Fintech, USA
      Views : 285
      0

      The Fed took the unprecedented step of cutting rates to near zero to help ease the blow of Coronavirus and keep banks lending; ...

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      Challenger Banks Could Steal 8 Percent of Retail Banking Revenues

      March 12, 2020
      Fintech, USA
      Views : 304
      0

      According to a new report from Accenture high street banks face the possibility of losing up to 8 percent of their revenues in ...

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      Rent-a-Banks and High Cost Lending

      March 11, 2020
      Fintech, USA
      Views : 244
      0

      California has capped interest rates at around 37% per year on some consumer loans; despite this companies are able to offer high interest ...

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      The Argument For and Against a National Interest Rate Cap

      March 6, 2020
      Fintech, USA
      Views : 263
      0

      The states have taken the lead when it comes to interest rate caps with 32 states capping APR at 36%; while there are ...

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      Democrats are Split on Interest Rate Cap Bill

      February 6, 2020
      Fintech, USA
      Views : 246
      0

      There has long be rumors that there was a split amongst democrats over whether extending the 36 percent rate cap to all consumer ...

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