How to get a same-day personal loan

Same-day personal loans are available on the same business day. Here’s what you need to know about them. (iStock) Sometimes, financial emergencies arise that require you to get your hands on the money quickly. If this happens, you may be interested in finding a same-day personal loan, which deposits funds …

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Could Costco shares continue to rise after earnings are posted?

Costco has scheduled first quarter 2021 earnings for Thursday, December 10. The stock has risen more than 31% so far in 2020, surpassing the S&P 500. What do analysts forecast for Costco’s earnings and can the stock continue to rise after earnings release? In fiscal 2020, Costco posted a net …

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Lying on a credit card application

Credit can buy you many things in life, but qualifying for that credit when you apply for a new credit card is a different story. Your income and credit history are factors that determine how much credit you can get from a lender, and sometimes your financial needs don’t match …

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The BlockFi encryption service launches the mobile app with an interest of up to 8.6% APY

Cryptocurrency exchange platform BlockFi has announced the launch of its new mobile app for iOS and Android. The company says its BlockFi app will bring all of its financial services together on a single platform, allowing retail clients to trade several popular cryptocurrencies, manage interest-bearing accounts, and take out crypto-backed …

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The fintech lending industry will reach $ 390.5 billion by 2023

While traditional banks still hold the largest market share for consumer and business loans, there has been a significant demand for fintech loans in recent years. Global fintech loans, or the alternative lending industry, will reach a transaction value of $ 312.6 billion this year, up 17% year-on-year, according to …

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Mastercard to help unbanked people get paid

Small businesses and individuals struggling to enter the digital economy are receiving a boost from Mastercard as the need to receive funds electronically and make digital and contactless payments has been underscored by the COVID-19 pandemic. The payment processing company pledges to connect 1 billion people and 50 million small …

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Chase warns PPP applicants about the massive demand

JPMorgan Chase is telling some customers that they apply Salary protection program (PPP) which could be more successful by applying elsewhere, CNBC relationships. Chase’s warning came in anticipation of the $ 484 billion coronavirus aid package that President Trump signed in law Friday, 310 billion dollars of which it will …

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Chinese P2P lending companies venture to Vietnam

Peer-to-peer lending (P2P lending) allows borrowers such as individuals and businesses to borrow money directly from lenders through online services without dealing with intermediaries, such as banks and credit companies. P2P lending declines in China This technology-based form of lending practice offers an option to borrowers who are handicapped by …

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New workplace advantage: low-income employee loans

More and more US employers are partnering with financial institutions such as credit unions to offer small personal loans to their employees, offering employees a way to overcome financial crises without resorting to high-cost personal loans. The wages of low-income workers are stagnant, supporting the demand for small consumer loans. …

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Japanese banks will suspend same-day personal loans

TOKYO – Banks in Japan will strengthen screening of personal loan applications starting in January amid mounting criticism that easy credit has contributed to a jump in personal bankruptcies and people struggling under heavy debt. In Japan, banks issue loan cards that allow holders to borrow money by withdrawing cash …

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