Category: Cash Advance Loans

Bankruptcy And Financial Obligation Collections Rise Over Decade

The number of debt collection cases and bankruptcies have risen in Turkey in the past decade, according to figures launched by the primary opposition Republican Peoples Party (CHP). While there were 577,000 financial obligation collection cases open as of 2004, a decade later on that number had nearly quadrupled to 2,135,948, according to the CHPs …

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Moody’s: Japanese RMBS And ABS Possession Defaults Increased In March, Automobile ABS …

Tokyo, July 06, 2015– Moodys SF Japan KK says that the default rates for underlying possessions in Japanese RMBS, credit card ABS and installment sales loans ABS deals increased in March 2015 from February 2015, while the rate for auto loan ABS deals continued to be steady over the same period. For RMBS offers, the …

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How Racially Driven Predatory Financing Hurts United StatesAll Of Us

Predatory lending practices don’t just reduce the families and people captured up in the cycle of financial obligation they develop. These loans ultimately hurt the economy. That’s the primary takeaway of a report launched Tuesday by the Center for Responsible Financing, a nonpartisan research group. In the report, The State of Loaning, scientists found that …

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Money Converters Concur To $23 Million Payout

Australias largest payday lender, Cash Converters, is to refund A$ 20 million in interest and costs to countless customers after agreeingaccepting settle a class action from court. A more $3 million is to be set aside for legal costs.Details emerged when the class action company Maurice Blackburn Attorney, acting on behalf of around 37,500 New …

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