Online loans

Online loans take an employee’s life

In a shocking incident, a 23-year-old agricultural extension worker in K. Mounika district died Tuesday evening at Gandhi Hospital while undergoing treatment after consuming a toxic substance on Monday evening. She was reportedly pushed to take an extreme step due to harassment from an agency offering instant loans online. According to the police, Mounika, a […]

Online loans

Easy Online Loans Put Customers In A Vicious Loop – The New Indian Express

Express news service CHENNAI: A simple search of the Google Play Store shows hundreds of apps, such as Udhaar Loan, Snapit Loan, Rupee Bazaar, Rupee Factory, OK Cash, Paisa Loan, Cash Advance, Top Cash and iEasy Loan, among others, which offer instant money. Although the names of the applications differ, almost all use the same […]

Online loans

AirAsia’s BigPay, seven more people get green light to provide loans online | Malaysia

AirAsia Group CEO Tan Sri Tony Fernandes (center) said the approval was a lifeline for BigPay. – Photo by Shafwan Zaidon KUALA LUMPUR, November 13 – AirAsia Bhd’s digital wallet provider BigPay Later Sdn Bhd, along with seven other ‘licensed credit community’ companies, have obtained approval from the Department of Housing and Local Government ( […]

Online loans

Online loans: Lendingkart’s loan book jumps 80%, posts profit of Rs 42 crore

Lendingkart, backed by Fullerton Capital, doubled its profit to Rs 42 crore in fiscal 2020, increasing its loan portfolio by 80% to Rs 2,400 crore during the period. The lender, which mainly caters to small and medium-sized businesses and retail borrowers, increased its interest income by 113% to Rs 465 crore compared to the same […]

Online loans

MSME lending: How data-driven online lending access will empower small businesses

Digital lending startups offer full automation of end-to-end lending services. Credit and financing for MSMEs: Narayan was in dire need of working capital to handle the booming demand in his restaurant. However, due to the lack of formal credit, traditional lenders could not meet the requirement. It was then that Narayan learned that digital lending […]

Online loans

5 Benefits of Instant Online Loans and How They Can Help You Save Money

The times have changed; now almost anything can be done online, including banking, credit card applications, and loan applications. In the past, consumers had little choice when it comes to loans. They could go to a bank or a building society. Today we have something called online Instant guaranteed loans helping people like you – […]

Online loans

US online lending company SellersFunding lands in UK

Alternative loans SellersFunding is launched in UK and Canada, with plans for other European offices to come. Image source: Rawpixel.com from Pexels A US lending company for online businesses has been launched in the UK and Canada, with plans for further European expansion “in the near future”. SellersFunding officially opened offices in London and Canada […]

Online loans

JPMorgan Chase To Offer Online Loans To Credit Card Customers

JPMorgan Chase is the latest bank to see the opportunity to offer new loan products to existing credit card customers. From the end of the year, eligible cardholders will have two new types of loans available to them. One, called My Chase Plan, is a loan with a fixed monthly fee instead of an annual […]