Tag: loans

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This Lender Said Its Loans Would Help Tennesseans. It Has Sued More Than 110,000 of Them.

by Adam Friedman, Tennessee Lookout This article was produced for ProPublica’s Local Reporting Network in partnership with the Tennessee Lookout. Sign up for Dispatches to get stories like this one as soon as they are published. We are continuing to report on flex loans. Have you been sued by Advance Financial...

Business loans accelerating, says Central Bank

The Cen­tral Bank of T&T on Christ­mas Eve not­ed that the mo­men­tum of pri­vate sec­tor cred­it ac­cel­er­at­ed in Sep­tem­ber 2024, with the growth in busi­ness loans out­pac­ing con­sumer lend­ing. In its mon­e­tary pol­i­cy an­nounce­ment for the fi­nal quar­ter of 2024, the Cen­tral Bank’s mon­e­tary pol­i­cy com­mit­tee (MPC) said the rise in cred­it to busi­ness­es was

Loans to households and businesses declined 2.3% in September

The Economic Programme Oversight Committee (EPOC) says loans from the banking sector to households and businesses declined by 2.3?ter adjustment for inflation during the month of September due to the high interest rate regime and the slowdown in the economy. Loans to households fell by 6% while credit to businesses climbed by 1.4%. Commercial banks

Diri Promises Soft Loans, Urges Bayelsa Women To Form Cooperatives

January 20, (THEWILL) – Bayelsa State Governor, Senator Douye Diri, has urged women in the state to form cooperative societies to take charge of the local economy. To this end, the Governor said his administration will provide soft loans for women without stringent conditions to encourage them to own businesses and boost the state’s economy...

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