While many buyers believe that fighting the car salesman is the best way to get a low price, it’s actually the dealership’s CFO who can make or break a good deal. “The finance office is where the dealership makes their money,” says Tony Chapman, former general manager of several Southern …
Read More »U.S. repo market flirts with negative rates as Fed seeks to absorb excess cash
FILE PHOTO: The Federal Reserve building sits against a blue sky in Washington, USA May 1, 2020. REUTERS / Kevin Lamarque / File Photo American markets Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Excess liquidity in the financial system has put pressure on overnight interest rates, in some cases pushing them …
Read More »Instant loans provide instant money to crypto speculators
The practice is the digital asset mob’s latest attempt to rewrite the rules of financial transactions, removing many of the current guardians of the image in search of what they call decentralized finance, or DeFi. As with most cryptocurrencies, the promise is great, with the risks often too. The unsecured …
Read More »Indonesian Kredivo closes largest line of credit, plans to tap into health care and student loans
Indonesian digital lending platform Kredivo announced on Tuesday that it has closed a debt line of up to $ 100 million to fund loans to Indonesian businesses. Victory Park Capital Advisors, a Chicago-based private credit specialist, facilitated this round. This is Victory Park’s first investment in Indonesia. “The large pool …
Read More »6 smart tips for investing in P2P loans
Picture: Shutterstock Peer-to-peer loans, more commonly referred to as P2P loans, are the financial framework that connects lenders and borrowers on an online platform without a bank acting as a third party. This lack of intermediaries and, consequently, the lower costs involved make P2P lending an attractive investment opportunity. Lenders …
Read More »COVID financial assistance available for businesses
The Coronado Chamber of Commerce shares this information from the San Diego Regional Economic Development Council (EDC) with Coronado Businesses. With the continuous changes in COVID-19 relief programs, it can be difficult to sift through what is available. Below, EDC has outlined new and ongoing resources available in February 2021, …
Read More »From credit to retirement, the financial fallout of COVID-19 is widespread
It’s hard to imagine anyone who has not been financially affected by the COVID-19 pandemic and the efforts to shut down the economy to contain it. Job losses and income cuts are a clear example, but many people will be affected in other ways, and the impact could linger for …
Read More »Upward horizontal multi-family trend
DALLAS – “Horizontal Multifamily” is making its way into multi-family single-story neighborhoods. This contrasts with typical freestanding rental homes. And, as more people move out of apartments and urban centers, banks are finally starting to jump on this trend. These tenants are looking for extra space and a neighborhood feel, …
Read More »ATMs become virtual bank branches, accept deposits with instant credit
Almost 14.6% (or 35,000) of the 240,000 ATMs in India are new age recyclers, even though they have only been around for 3 years in the local landscape. The subjectsATMs in India | Cash withdrawal at an ATM | Confinement Raghu Mohan | Bombay Last updated May 26, 2020 01:38 …
Read More »Decline in student numbers in Washtenaw County schools could be offset by change in funding formula
WASHTENAW COUNTY, MI – Superintendent Scot Graden offers a simple explanation for those wondering how school districts primarily offering distance learning this fall plan to count students who attend classes. “It’s really counting season, not counting the days,” Graden said on Wednesday, Oct. 7, as students across the state were …
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