Finance, Credit and Loan Information

September, 2016

State Officials Boost Financial Literacy

MADISON, WI (WHBL) – State officials working with school districts are working to help get students ready for the rigors of handling their finances. Governor Walkers office has been working since 2011 to to improve financial literacy in Wisconsin students through the use of the Department of Financial Institutions Office of Financial Literacy, as well […]

John Oliver Eviscerates Shady Auto Lenders

Last Week Tonight has a penchant for taking on scams and corrupt institutions, and John Oliver’s latest episode trashes the worst people in the world of cars: shady auto lenders who trap poor, desperate and often unwitting buyers in insane levels of debt.

TIMIA Capital Establishes Presence in Ontario as Seasoned Tech Veteran Andrew Abouchar Joins Management Team

About TIMIA Capital Corp. TIMIA Capital Corp. is a specialty finance company that provides revenue financing to technology companies in exchange for a royalty stream on revenue. The alternative financing option compliments both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIAs target market is the fast-growing growing business-to-business software-as-a-service […]

Gandhi Jayanti gifts: Carrot & stick

Patna, Sept. 14: The government on Wednesday decided to gift the new Bihar Prohibition and Excise Act, 2016, and the student credit card scheme to the people of the state on October 2, Mahatma Gandhis birthday. The act, which was passed by the legislature during the monsoon session and okayed by Governor Ram Nath Kovind […]

Fitch Affirms VRTP Shares of Two Invesco Funds at ‘AAA’

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed the AAA long-term ratings of the following Variable Rate Term Preferred Shares (VRTP shares) issued by two senior loan closed-end funds (CEFs) managed by Invesco Advisers, Inc. (NYSE:IVZ): Invesco Dynamic Credit Opportunities Fund (NYSE:VTA) –$125,000,000 of VRTP shares, due September 2017, with a liquidation preference of $100,000 per share […]

Solar Senior Capital Ltd. Announces Amendment of FLLP Credit Facility With $25 Million Upsize

NEW YORK, NY–(Marketwired – Aug 15, 2016) – Solar Senior Capital Ltd. (Solar Senior) (NASDAQ: SUNS) announces that a wholly owned subsidiary of its First Lien Loan Program (FLLP), a joint venture with Voya Investment Management (Voya) to invest in first lien senior secured loans to U.S middle market companies, has amended its senior secured […]

US government says HSBC improperly repossessed US Armed Forces members’ vehicles

The government alleged HSBC and Santander have violated the Service Members Civil Relief Act, and specifically that law’s provision that require a court to review and approve “a lender’s repossession of any motor vehicle owned by a service member if the service member took out the loan and made a deposit or an installment payment […]

Can’t afford the latest smartphone? You can lease one, but it won’t be cheap

Some customers come back and say they did the math and realized this waskind of expensive. They realize they could have bought two phones for that, Fuentes said. Since the plans are structured as leases, customers can return the phones, typically after a minimum rental period of a few months, and be off the hook […]

4 questions with Equifax’s Lou Loquasto

Requirements for Auto Loan Approval

How Long Does it Take to Get Approved? Nearly all subprime auto lenders work indirectly through car dealerships. Trying to find one of these dealers on your own can be both inconvenient and time-consuming. We here at Auto Credit Express try to make the process of getting approved for a bad credit auto loan as […]

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