Sentences with phrase «because financial lending»

This is because financial lending institutions perform a thorough credit check before lending out any money.

Not exact matches

Goldman Sachs is looking for talent in unusual places because it is trying to pull off a radical makeover, offsetting persistent weakness in its core business of trading by pushing into lending, the Financial Times reports.

Some banks weren't able to lend for a while because of TARP,» Geshwiler says, referring to the Troubled Asset Relief Program, the federal government's program for bailing out banks hit hard in the financial crisis.

Many small businesses (and consumers) are rejected by traditional financial institutions when seeking financing because they do not fit rigid lending requirements of banks.

Before the financial crisis, Wall Street firms were generally not permitted to do traditional consumer lending because they were not set up as federally insured banks.

Because low - risk investments return roughly 20 % on average in a country with 20 % nominal GDP growth, financial repression means that the benefits of growth are unfairly distributed between savers (who get just the deposit rate, say 3 %), banks, who get the spread between the lending and the deposit rate (say 3.5 %) and the borrower, who gets everything else (13.5 % in this case, assuming he takes little risk — even more if he takes risk).

The government can control the speed of defaults and avoid a financial crisis because a lot of lending and borrowing is done by state - owned banks and companies, she says.

Banks and other institutions could lend more money every time the Fed reduced rates, and this led consumers to feel more confident in borrowing more, but it stressed their actual financial system beyond repair in many cases, and it caused stress for those that didn't borrow because they felt priced out of the housing market.

Specifically, Defendants made false and / or misleading statements and / or failed to disclose that: (i) the Company was engaged in predatory lending practices that saddled subprime borrowers and / or those with poor or limited credit histories with high - interest rate debt that they could not repay; (ii) many of the Company's customers were using Qudian - provided loans to repay their existing loans, thereby inflating the Company's revenues and active borrower numbers and increasing the likelihood of defaults; (iii) the Company was providing online loans to college students despite a governmental ban on the practice; (iv) the Company was engaged overly aggressive and improper collection practices; (v) the Company had understated the number of its non-performing loans in the Registration Statement and Prospectus; (vi) because of the Company's improper lending, underwriting and collection practices it was subject to a heightened risk of adverse actions by Chinese regulators; (vii) the Company's largest sales platform and strategic partner, Alipay, and Ant Financial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevaFinancial, could unilaterally cap the APR for loans provided by Qudian; (viii) the Company had failed to implement necessary safeguards to protect customer data; (ix) data for nearly one million Company customers had been leaked for sale to the black market, including names, addresses, phone numbers, loan information, accounts and, in some cases, passwords to CHIS, the state - backed higher - education qualification verification institution in China, subjecting the Company to undisclosed risks of penalties and financial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevafinancial and reputational harm; and (x) as a result of the foregoing, Qudian's public statements were materially false and misleading at all relevant times.

Because we recognize that limited access to financial services is one of the main hurdles to economic growth and prosperity, we support many projects that encourage lending to entrepreneurs running small - and medium - size enterprises (SMEs).

Despite increase in our debt profile, it is still believed that Nigeria can borrow from the International financial institutions and use it to reflate the economy by quickly taking the advantage of the credibility of President Muhamadu Buhari which is a good leverage because some international financial institutions are ready to lend us money for infrastructural development.

Online unsecured loans are advantageous for the borrower because there is a heightened sense of competition that is prevalent among the Internet financial sector, which means that lenders and lending institutions that do their business online often offer greatly reduced rates of interest for borrowers of all credit types when they choose to take out their unsecured loans via the Internet.

Regulate the banks tightly, because their borrowing short and lending long causes most financial crises, but in general, the government errs when it encourages us via the tax code to do anything.

Because of the transparent, low - interest lending structure of these types of financial institutions, you can make smart borrowing decisions when it comes to consolidating or refinancing your student loans through LendKey — which can essentially help you in lowering your interest rate, your monthly payment amount, and in turn, your overall lifetime payment that is due.

«We actually use the term «marketplace lending» rather than peer - to - peer lending,» Murphy said, «because investors on our platform globally include large financial institutions and even governments.»

Indeed, the banks are clearly aware of the optics of this imbalance — on Thursday every major financial institution in the land pooled together to announce a $ 500 million fund to extend loans to entrepreneurs, because banks lending to new businesses is now apparently something worthy of special announcement.

Established forms of low - mod lending fit in with the bank's goal of «one base hit at a time» growth because borrowers in these categories tend to be people who don't have a lot of money to immediately spend on financial services at the outset, but their net worth has the potential to increase slowly over time.

Learn more about many Veterans have been able to rebound their financial situations with new mortgage programs that consider lending to people in high risk situations because of negative equity, past bankruptcies, foreclosures and poor fico scores.

Because of my extensive background in the financial industry and mortgage lending my clients should expect a service that is second to none.

But such financial arrangements, in my mind, are fraught with issues: I've seen many relationships go sour because of money, so much so that I caution anyone who's considering lending to family or friends to treat such agreements formally, as you would any business deal or contract.

Because it's part of what lending institutions use to determine your credit worthiness today; and it represents your future financial independence (as you age, you want this number to go up to pay for retirement).

Because of the unique fees mortgages generate, real estate lending can be a significant source of income for a financial institution.

I say «almost» because there are private institutions that will lend you money (Xceed Financial) and «hard money» lenders.

Lenders are often more willing to lend higher sums to consumers if the loan is secured by collateral because they have something tangible to repossess or foreclose on if the borrower defaults, according to Andrew Chan, a financial adviser at Locker Financial Services, LLC in Little Falls, N.J. Because this is a lower risk for lenders, they may also be more willing to forgive lower credit because they have something tangible to repossess or foreclose on if the borrower defaults, according to Andrew Chan, a financial adviser at Locker Financial Services, LLC in Little Falls, N.J. Because this is a lower risk for lenders, they may also be more willing to forgive lower credifinancial adviser at Locker Financial Services, LLC in Little Falls, N.J. Because this is a lower risk for lenders, they may also be more willing to forgive lower crediFinancial Services, LLC in Little Falls, N.J. Because this is a lower risk for lenders, they may also be more willing to forgive lower credit Because this is a lower risk for lenders, they may also be more willing to forgive lower credit scores.

Both are important to consumers because both are used by financial firms in deciding whether to lend money and at what rate.

He was one of the main architects of the financial de-regulation that contributed to the asset price boom and the profligate lending (in his first stint as Treasurer) because of his purely ideological opposition to government and regulation.

As a report from the Global CCS institute points out, financing this new infrastructure will be difficult to accomplish using debt because of uncertainty as to CO2 revenues — the report suggests that the World Bank and international lending institutions could finance CCS projects, and «the role of national governments can be as guarantors, equity partners or financial supporters.»

This is huge news for Bitcoin, because it has allowed Bitcoin to enter the mainstream financial markets which lends legitimacy to the cryptocurrency.

«We believe now is a great time to offer an institutional - focused lending service because it will increase general liquidity in the marketplace, encourage new financial institutions to participate in a two - sided market and increase the working capital that companies use to scale their digital currency - centric businesses,» Genesis Capital said in a press release.

A key message in all mortgage lending today, and online lending in particular, is that homebuyers should not hesitate to begin seeking a loan because they aren't sure what to expect, even when they have solid financial footing.

Financial institutions that traditionally cater to real estate investors involved in relatively small deals, such as credit unions and local banks, are reluctant to make loans because of new government regulations that govern lending, Yun said.

One of the characteristics of this cycle, perhaps because of the financial disruption at the early stage of the cycle and then the problems in the Euro Zone, is that the development lending has not been quite as aggressive as it normally is.

Banks and financial institutions may not lend to you because of your bad credit, even though you need the money.

Here are the Show Notes: Currently have 5 rentals and 80k of income and trying to paying off rentals because near retirement Also flips properties where the goal is 20k profit He outsources much of the work Got rentals in 2011 and regret not doing it earlier Got hammered in 2008 Got out of the market in 2000 Interest rates are very low which is different that past times which means a good time to lock in loans, stocks are pretty high Real estate is not for everyone and might have a wrong skill set If you don't want to do the work be a hard money flipper but only make 10 % (you need to have the money) Don't lend to someone doing their first flip Need to hire a virtual assistant — 5 properties can manage by self Let go of politics Marriage advice Begin with the end in mind — He already knows his legacy and just lives it Teaching kids financial principals — mindsets and habits To teach a 12 - year - old — give them money To teach a 30 - year - old — they need to want to fix the money problem Letting go to be happy richersoul.com

Centro, which ran into major financial trouble last year because of the huge amount of debt it took on to fund its $ 6.2 billion acquisition of New York - based REIT New Plan, owes its Australian lending group approximately $ 2.1 billion and its U.S. - based creditors $ 450 million.

«Many years ago, a good borrower would avoid using strategic default because then you would have a stigma on your image that may impact your future borrowing power,» says David T. McLain, principal with Palisades Financial LLC, a commercial real estate lending and advisory firm based in Fort Lee, N.J. «What you are seeing now, when the downturn has led to widespread defaults, they are no longer fearful because their belief is that when the economy recovers, this will be overlooked and they will be able to borrow.»