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Soon after a devastating line of tornadoes hit Kentucky and other states Dec. 10, credit union leaders and the Kentucky Credit Union League came together to determine how to help storm victims. “We’ve been through other events, but not anything near as devastating as how this impacted Kentucky,” says Ray Springsteen, president/CEO of $1.9 billion asset Abound […]

On December 16, the blockchain-based lending platform Nexo announced the firm has launched a non-fungible token (NFT) lending desk. While the company offered crypto-backed loans using tokens like bitcoin and ethereum for instant funds, Nexo is offering instant liquidity to NFT holders that don’t want to sell their NFTs. Nexo to Offer Loans for Bored […]

Shoppers should give consent for his or her credit score knowledge to be shared with the PBOC to make use of Ant Group’s lending companies. Ant Group has reportedly began to separate its Huabei shopper mortgage model from lending companies supplied by companions on its platform, Caixin has reported. The train is a part of […]

Wintrust Monetary in Rosemont, Illinois, agreed to purchase $570 million of loans from The Allstate Corp. in Chicago. The portfolio is made up of an estimated 1,800 loans to Allstate insurance coverage brokers, who use the credit score to determine and develop their companies. The $48 billion-asset Wintrust stated it additionally agreed to change into […]