Venture capitalist money continues to pour into decentralized finance. Today, DeFi lending protocol MetaLend announced it has closed a $5 million seed round led by Pantera Capital. Also participating ...
Tag: Loans
National Basketball Association Partner Dapper Labs Helps Bring NFT Loans To Flow Blockchain
NBA Top Shot is one of the most valuable NFT collections to date Dapper Labs Michael Levy made a $20 million dollar fortune in just 6 months on an early $175,000 bet in NBA Top Shot, a non-fungible to...
‘My degree has not led to greater income.’ Can I get rid of old student loans?
How to get out of student loan debt Getty Images/iStockphoto Question: I have a degree, and I’ve been paying the student loan for about 25 years. I switched to income-driven repayment in 2011. The loa...
How will the Reputation DAO manage to provide unsecured DeFi loans?
A decentralized autonomous organization working towards building open source and programmable reputed system for DeFi claim to provide loans with minimum collateral A decentralized autonomous organiza...
My ex-husband encouraged me to drop out of college after a year, and now I’m struggling to repay my student loans. Is there anything I can do?
It’s also important to make sure you don’t neglect the emotional impact of this situation. Getty Images/iStockphoto Question: I took out a student loan in 2006, but my ex-husband was very controlling,...
Would you give up privacy for unsecured loans in DeFi?
An ambitious new decentralized autonomous organization (DAO) has built a data service for lending platforms that records a user’s financial reputation to reduce the amount of collateral needed for a l...
Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding – Bitcoin News
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars ...
I’m 62 with $100K in student loans and $13K in credit card debt. What can I do?
How to get out of student loan debt Getty Images/iStockphoto Question: I work as a nurse for a small for-profit agency. I am salaried and have no option for overtime. I only have every other weekend ...
SoFi Stock Drops. Buy the Dip? The Chart Gives a Hint.
The market is struggling on Thursday. Unfortunately for SoFi Technologies (SOFI) – Get SoFi Technologies Inc Report bulls, the stock is not sticking out because of its outperformance, like Cost...
We are both doctors but struggle with $472K in student loans. Can we get help?
How to get out of student loan debt Getty Images/iStockphoto Question: I have $237K in loans and my wife has $235K in loans. We are not currently making any payments [thanks to government relief] but ...
I have 4 degrees and owe $197K in student loans. What should I do?
How to get out of student loan debt Getty Images/iStockphoto Question: I am 55 and a mental health therapist. I have $197,000 in student loans that were for four degrees, plus some in Parent Plus loa...
Shocking Report Show Complete Mismanagement Of Your Student Loans
President Joe Biden (Photo by Alex Wong/Getty Images) Getty Images A new, shocking report shows complete mismanagement of your student loans. Here’s what you need to know — and what it means for your ...
U.S. Fee Hikes on Vacation-Home Loans to Boost Long-Quiet Private MBS Market
(Bloomberg) — Fannie Mae and Freddie Mac are making it more expensive for lenders to offer mortgages on vacation homes, a move that could give additional life to a risky corner of the bond marke...
Loans as the Engine of Development and Their Inner Workings
Few things in the world are hated as much as loans are. But without loansharks, mortgages, and credit, the economy is devoid of development prospects. Living within your means is great advice when it ...
Silvergate Bank Loans MicroStrategy $205M With BTC as Collateral – crypto.news
Earlier today, Silvergate Capital Corporation announced a $205M loan from Silvergate Exchange Network (SEN) to MicroStrategy that has BTC as collateral. MacroStrategy LLC is a subsidiary of mobile tec...
I have $80K in student loans and work 60 hours a week. How can I deal?
How to get out of student loan debt. Getty Images/iStockphoto Question: I’m strapped but want to be free. I have $80,000 in student loan debt. I work 60 hours a week in 12-hour shifts just to make en...
We took out $55K in student loans and 22 years later, the balance has not budged
How to get out of student loan debt. Getty Images/iStockphoto Question: I graduated in 2000 with about $35K in student loan debt. My wife also had about $20K in student loan debt. They were mostly f...
Lunar Labs Co-Founder Luke Youngblood Talks Moonwell Artemis and Over-Collateralized Loans – Interview Bitcoin News
Moonwell is an open lending and borrowing DeFi protocol on Moonbeam and Moonriver. Moonwell’s composable design can accommodate a full range of DeFi applications in the greater Polkadot and Kusama (Do...
Maple Finance gets $1B of Loans –
Maple Finance is the rails on which the loaning business of things to come will be running, the CEO said Customary resource chiefs are showing expanded interest in loaning to crypto excavators Maple a...
Only 18% of federal borrowers paid their student loans during the pause. That could make things complicated when payments restart
Since the start of the pandemic, most federal student loan borrowers have had their payments paused, and interest rates are set at zero. But not every American has been able to take advantage of these...
I now owe 3x what I originally borrowed in student loans. What can I do?
Borrowers with less-than-perfect credit records face challenges while climbing out of debt, and they can get steeper when you’re older because income tends to plateau. Getty Images/iStockphoto Questio...
Governments Cause Inflation, Not Banks Making Loans
Christopher Wynne is a U.S.-born businessman based in Moscow. His company, PJ Western, owns and operates PapaJohn’s Pizza locations throughout Russia. His businesses employ over 9,000 people within th...
NFT Finance Part 1: Demand is exploding for loans backed by NFTs
Quick Take NFTs are being used as collateral for high-risk, high-reward loans of all sizes. The founders of two NFT lending marketplaces shed light on this rapidly growing market. This is the first ar...
I graduated college at 40, but defaulted on my student loans. How can I deal?
How to get out of student loan debt Getty Images/iStockphoto Question: I am about to turn 65 and eligible for Medicare. I have a bachelor’s degree in business and organizational communications and an ...
Will Biden Again Pause—Or Cancel—Your Student Loans? Here’s What We Know.
Topline Millions of Americans with federal student loan debt are set to resume payments on May 1, after President Joe Biden has paused payments throughout the pandemic—but recent signals from the U.S....
Santander To Provide Agricultural Commodity Tokens Supported Loans
Santander, a Spanish multinational bank, is building probability of providing loans supported by agricultural commodity tokens. Santander has joined forces with Agrotoken, an organization that release...
Santander to Offer Loans Backed by Agricultural Commodity Tokens – News Bitcoin News
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company that launched a series of ...
Crypto.com gives users in excluded countries one week to repay loans
Crypto.com is reportedly giving users from countries restricted from its loan program until March 15 to repay their crypto loans. The firm updated the list of restricted countries to include the Unit...
Crypto.com gives users in restricted countries a week to repay loans
The regulatory framework for digital assets is shifting, creating anxiety among crypto firms and users operating in the sector. Crypto.com, one of the largest cryptocurrency exchange platforms globall...
‘I feel deceived’: After 20 years of paying my student loan, I discovered I don’t qualify for forgiveness. My loans total $167,000. What can I do?
I took out loans for professional/graduate school during the years 1993 to 1996. I took out about $54,000 in loans. In 2002, I consolidated all my federal loans. The balance is approximately $167,000....