Monthly Archives: November 2016

2016
11/30

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The Collapse of KiOR

In 2011, KiOR raised $150 million in its June IPO, claiming that it was generating yields of 67 gallons per ton in its Demo unit operations.

2016
11/29

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RBL Bank ties up with Bajaj finance for co-branded credit cards

MUMBAI: Private sector lender RBL Bank, has tied up with non banking finance company Bajaj Finance, to launch a series of co-branded credit cards for Indian customers. The first of these credit cards is proposed to be launched in the fourth quarter of

2016
11/27

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Mortgage rates jump post-election

Treasury notes serve as a benchmark for various types of credit, including mortgages and car loans. The 10-year Treasury note closed at 1.85% on Election Day.

2016
11/27

Category:
Filing Bankruptcy

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Car Title Loan Service Gets Highest 5-Star Rating from TopConsumerReviews.com

Max Cash Title Loans, a leading resource for Car Title Loans, receives the highest rating available from TopConsumerReviews.com. TopConsumerReviews.

2016
11/25

Category:
Credit Ratings

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Trump, advisers aim to reshape the regulatory landscape

Consumer advocates say the upheaval could threaten significant new rules for payday lenders, auto title loans and debt collectors.

2016
11/25

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A.M. Best Upgrades Issuer Credit Ratings of Voya Financial, Inc. and Most of Its Subsidiaries

Concurrently, A.M. Best has upgraded Voya's Long-Term ICR to bbb+ from bbb as well as its existing Long-Term Issue Credit Ratings (Long-Term IR). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. (Please see

2016
11/24

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Program instills immigrants with financial literacy skills

The program taught participants the concepts of establishing credit and the basics of Canadian banking. For some, that religious restriction will mean they will only make a large purchase when they have saved the money and can make a cash payment for …

2016
11/23

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Morning Briefing: AIG to increase exposure to residential mortgages

Direct investment in residential mortgages is a key initiative of AIG it told its investors Friday. The insurance group will buy home loans from banks and non-banks which will be securitized, using funds from the sale of mortgage insurer UGC which it

2016
11/22

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Reverse mortgages — your questions answered

Recently we sat down with Barbara McDowell, reverse mortgage specialist for Bank of the Pacific, to talk about reverse mortgages. And there's a lot to learn! This is the last of our four-part series on the topic and we'd like to share an example and

2016
11/21

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Eye-opening report shows food banks in high-demand

A report released early Tuesday morning shows a nearly 20 per cent hike in food bank visits in Alberta. HungerCount 2016, compiled by Food Banks Canada, says 863,492 people accessed a food bank across Canada in March of this year – 10,000 more …