Monthly Archives: June 2021

Check loan amount, interest rate, other details

The government of West Bengal today launched the student credit card. With the help of the credit card, a student can get a subsidized loan of up to ₹10 lakh to pursue higher education. Regarding the student credit card, West Bengal Chief Minister Mamata Banerjee said: I am delighted to announce that the government of […]

What is the average amount of an Australian home loan?

According to the Australian Bureau of Statistics (ABS), the average mortgage loan amount in Australia as of December 2020 is around $ 728,500, which may seem like a lot. But you have to remember that the state and capital in which you reside is an important factor that determines the value of the property, which […]

A quick guide to the loan approval process

Do you want to drive a car? Own a house? Go to the University? Consolidate your debt? Finance your wedding? If you answered “yes” to any of these questions, chances are you will need to apply for a loan at some point. If you do, don’t feel bad; more than half of americans say they […]

How to Identify the Risk of Fraud to Streamline Loan Approval

Now more than ever, lenders need a solution that creates more efficiency so they can better handle high volumes. HousingWire recently spoke with Robert Karraa, President of First American data and analyzes, on how lenders can better identify the risks of fraud and errors in mortgage loan applications. HW: Fraud has been a hot topic […]

BBK introduces loan application functionality through the BBKPLUS app

BBK introduces loan application functionality through the BBKPLUS app By Léandra Monteiro BBK, a Bahraini retail and commercial bank business, strives to present its customers with the latest technological solutions to further improve their banking experience. After the successful launch of the BBKPLUS app in July of last year, which allows customers to open accounts […]

BBK launches new loan application functionality via the BBKPLUS app

Special rates for the first 100 loans! BBK, Bahrain’s pioneer in retail and commercial banking, continuously strives to present its customers with the latest technological solutions to further enhance their banking experience. Following the successful launch of the BBKPLUS app in July of last year, which allows customers to open accounts with BBK within minutes, […]

Submitting an SBA Loan Application Could Bring More Assistance to FEMA Grants

BATON ROUGE, Louisiana – The US Small Business Administration (SBA) loan application offers many benefits to disaster survivors seeking federal assistance. An applicant who is referred to the SBA during the initial FEMA application process must complete an SBA loan application. Submitting a loan application keeps the full range of optional disaster assistance available. SBA […]

Davao-Samal bridge project still awaiting loan approval from China

DAVAO CITY (MindaNews / June 16) – The Department of Public Works and Highways (DPWH) cannot begin construction of the multi-billion 3.98-kilometer Davao City-Samal Island bridge without the loan agreement from the China, under secretary for public works and highways Emil dit K. Sadain. Ferry crossing to Samal Island. MindaNews file photo Reacting to the […]

Laurel Entrepreneur Sentenced to Probation for Lying About PPP Loan Application | Crime and courts

“Sir. Welch thought PPP was something he could use to get himself out of a hole,” his lawyer Kelly Varnes said, alluding to legal issues associated with a gambling addiction according to the proceedings. up to the judge to heed the nearly 90 days in jail served and the recommendations of the Federal Sentencing Guidelines […]

Loan amount, further details here

SBI Kavach: no collateral is required to benefit from the bank loan The State Bank of India (SBI) has launched an unsecured loan program called ‘KAVACH personal loan’ for families affected by COVID-19. According to a statement shared by the country’s leading lender on Tuesday, June 15, the personal loan program has the lowest interest […]

Government eases loan conditions for tourism businesses

The government recently relaxed lending conditions for tourism businesses to encourage more micro, small and medium enterprises to benefit from the loan program. In a statement, the Department of Tourism (DoT) said that under the relaxed terms of the Business Restart Assistance Program (Cares) for Coronavirus Disease 2019 (Covid-19), the grace period for the repayment […]

MX speeds up loan approval process for FormFree and closes over 1 million loans

MX speeds up loan approval process for FormFree and closes over 1 million loans By Pavithra R MX, a leader in open finance and creator of the Money Experience category, announced that it has implemented API and token-based connections with FormFree, a leader in digital asset verification. Founded by former Wall Street executive Brent Chandler […]

Amount of the deceased person’s loan I Outstanding loan from the deceased: are family members required to repay?

Unpaid loan from a deceased person: are family members required to repay? | Photo credit: Representative image The second wave of Covid-19 has caused insurmountable suffering and hardship to the family members of hundreds of thousands of people who have died. The situation has become particularly precarious for the surviving family members of the deceased […]

PPP Closures and Rising Approval Rates for Small Business Loans

The Paycheck Protection Program (PPP) provided many small businesses with much-needed funds during the pandemic, but the program has now ended. And it’s going to force business owners to go back to the funding sources they used before PPP. In this week’s roundup, the Biz2Credit Small Business Lending Index for May found that approval rates […]

Small Business Loan Approval Rates Rise As P3 Ends

The end of the Paycheck Protection Program (PPP) has arrived, and that means companies will seek funding from traditional sources. According to Biz2Credit Index of Small Business Loans for the month of May, loan approval rates increased for banks and non-bank lenders. Small Business Loan Index – May 2021 While the higher approval rates aren’t […]

Loan terms for tourism businesses relaxed – DOT – Manila Bulletin

The Tourism Department (DOT) is urging more tourism businesses to take advantage of business loans offered under the government’s pandemic recovery program to help them survive the health crisis. (File photo / MANILA BULLETIN) This, after the government extended to two years the grace period for the repayment of commercial loans to tourist companies in […]

Biz2Credit: Small Business Loan Approval Rates May Increase When PPP Ends

Small business loan approval percentages at large banks (or those with more than $ 10 billion in assets) edged up from 13.4% in April to 13.5% in May, according to the latest Biz2Credit Index of Small Business Loans. In addition, approvals at smaller banks jumped from 18.2% in April to 18.7% in May. “Loan approvals […]

What is CIBIL? How Does Credit Score Impact Loan Application?

People who are considering applying for loans should first check their credit score and try to improve it, if it is low. We have all heard of the need to have a good credit rating to increase our chances of getting our loan applications approved. Most financial experts advise people to maintain a good credit […]

Zimbabwe: Artisanal miners Bemoan Empower Bank Strict loan conditions

MUTARE- A state-owned micro-banking unit, Empower Bank’s mining fund is inaccessible to most artisanal miners due to prohibitive loan requirements, it emerged. The bank was launched in 2018 to effectively support youth economic initiatives at a time when private commercial banks charged exorbitant interest rates on loans. Speaking at a community meeting as part of […]

DU launches a call for student loan applications for smartphones

University to provide students with up to Tk 8,000 in the form of a low rate loan Authorities at Dhaka University (DU) have asked university students to submit loan applications to purchase smartphones for the purpose of participating in online classes and exams. The university will provide up to Tk 8,000 in the form of […]

DU calls for student loan application for smartphone

University to provide students with up to Tk 8,000 in the form of a low rate loan Authorities at Dhaka University (DU) have asked university students to submit loan applications to purchase smartphones for the purpose of participating in online classes and exams. The university will provide up to Tk 8,000 in the form of […]

PUNB eases loan conditions for affected traders

SHAH ALAM: Perbadanan Usahawan Nasional Bhd (PUNB) eased the terms of loans to traders in Bumiputera under the COVID-19 Affected Entrepreneurs Funding Program (SPUR) by asking them to submit only proof of their dismissal in due to the pandemic, with priority given to those who have created a business. President Tan Sri Noh Omar said […]

What to do if your mortgage application is rejected

With lower interest rates and motivated sellers, homeownership has never been more accessible. However, very few of us are able to finance the purchase without the help of a home loan. And while ooba Home Loans reports that 80.7% of its applicants successfully secured mortgage financing in the first quarter of 2021, 15% of applicants […]