Rapid loans at up to 47% interest ‘one notch short of loan-shark stuff,’ says debt counsellor

Cost of Living9:05Why instalment loans are the riskiest bet in finance Jolene Chateauneuf was just trying…

Continue Reading

India’s Central Bank Tightens Norms for Consumer Loans

(Bloomberg) — The Reserve Bank of India asked banks to increase buffers for some consumer loans…

Continue Reading

Banks Brace for New Multibillion-Pound Misselling Saga: This Time It’s Car Loans

(Bloomberg) — Britain’s biggest banks have a new problem on the horizon: car loans. The Financial…

Continue Reading

Earned Wage Access Products Are Not Loans, According to the AG of Montana

On December 22, 2023, the Attorney General of Montana released an opinion (the “Opinion”) concluding that…

Continue Reading

RBI as consumer loans watchdog or obstruction | India

Following many months of telegraphing its continued discomfort with the rapid growth in personal loans and…

Continue Reading