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China, Tanzania host conference on China-Africa cooperation

(Xinhua) 10:00 a.m., October 29, 2022 Tanzanian Trade and Industrial Development Minister Omar Shaaban (C, Front), Chinese Ambassador to Tanzania Chen Mingjian (2nd L, Front) and other delegates pose for a group photo during a conference on the China-Africa cooperation through the Forum on China-Africa China-Africa Cooperation (FOCAC) in Dar es Salaam, Tanzania, October 27, […]

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Barbara J. Wolf named CEO of SAIL Loans and Affiliates

CHICAGO, IL, Oct. 28, 2022 /24-7PressRelease/ — Barbara J. Wolf has been named Managing Director of SAIL Loans and its affiliates, including AmeriCash Loans and CreditBox, founding member Dustin Mauldin announced today. Wolf, former chairman of the New York Financial Services Centers Board of Directors and longtime member of the US Financial Services Centers Board […]

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Cancellation of loans will fuel inflation

Opposition to President Biden’s efforts to cancel student loans has largely focused on his constitutional issues and unfairness. The president is overstepping his authority by taking action that should be reserved for Congress. The courts will have to decide this question. There are also objections to the fairness of his action. Why should those who […]

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PURC inaugurates 4 boreholes for the Hwibaa community

Nana Asaw Ababio (2nd from right), Kunsu-Wiosohene, assisted by Amidu Issahaku Chinnia (right) to commission the water facility. With them are Joseph Frimpong Bonsu (2nd from left), DCE for Asafo Ano South West, and Dr Ismael Ackah (left), Executive Director of PURC. Inset: One of the water installations with its 10,000 liter tank The Public […]

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Shark Tank’s Kevin O’Leary says startups must prioritize online advertising – or face bankruptcy

Kevin O’Leary, star of the hit show “Shark Tank,” is better known for vetting startups than providing advertising advice. However, with a portfolio of more than 50 privately-owned companies — increasingly going direct-to-consumer since the pandemic began — O’Leary has unique insight into how the DTC landscape is evolving beyond the easy fundraising. Part of […]

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Array Introduces Credit-Building Loans as a Service

NEW YORK–(BUSINESS WIRE)–Deploya financial innovation platform, launched BuildCredit™ Loan, the industry’s first private label installment loan product that can be integrated into a company’s digital experience with just a few lines of code and typically launch within weeks . BuildCredit Loan is a turnkey solution for financial institutions, digital brands and fintechs to provide customers […]

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Does prepaying a loan hurt your credit? | Personal loans and advice

Paying off your debts is a worthy goal, especially if it can help you improve your financial situation or free up money to spend in other areas. But while it may help your budget, are there any downsides to paying off a loan? Does prepaying a loan hurt your credit? It’s important to know that […]

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Words are disappearing from the Chinese language – online at least

On October 13, days before the scheduled meeting for the fifth year of the Chinese Communist Party Congress, Peng Lifa (online, Peng Zaizhou) stood on an overpass in Beijing – dressed as a construction worker – and said unfurled two banners demanding an end to zero-COVID policies and the removal of Xi Jinping as CCP […]

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Exclusive partnership between Younited and OneFor to provide consumer loans

The Younited wallet is now aimed at modern families of Germany through OneFor, a European consumer digital money app. Consumer loans from €1,000 to €50,000 with a repayment period of up to 84 months are available for customers of Germany through the OneFor app. Fully digital and fast loan application process thanks to a seamless […]

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People will be able to connect using contact lenses very soon, physicist tells Arab News

JEDDAH: Luberef, the base oil company of Saudi Arabian Oil Co., is launching a new specialized production facility in Yanbu that will manufacture transformer oil and white oil used in power generation, pharmaceutical and food companies. Called Lube Hub, the facility will enable localization of these specialty products in the Kingdom. The venture will attract […]

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Late clauses at risk when assessed against unmatured loans

A typical late charge provision in promissory notes for commercial loans provides that when a borrower fails to make a monthly payment, the lender may collect both (a) a one-time late charge equal to a certain percentage of the missed payment, and (b) an interest rate mark-up (referred to as “late interest”) on the entire […]

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ASFA Responds to New CRL Report on Installment Loans | Ballard Spahr LLP

On July 28, the Center for Responsible Lender (CRL) published a new report regarding the “persistent damages of high-cost installment loans”, claiming that these loans come with an “operating cost” in fees and interest that far exceeds the amount borrowed, often causing irreparable harm to borrowers. CRL notes that the high-cost low-cost loan market has […]

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Red Dead Online Repurposes Last Year’s Halloween Pass

When Rockstar said there was no new content, they meant it. It’s spooky cowpoke season in Red Dead Online, but players might feel a bit cheated rather than treated to learn that Rockstar is rolling out the Halloween Pass and Last Year’s Events again this year. After over a year of very little content, Rockstar […]

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Loans in case of difficulty: what is it?

Common Types of Financial Hardship Loans Although hardship loans come in a variety of forms, each can be used to cover unavoidable expenses. But remember that not all options will suit your situation. Consider the pros and cons of each to choose the best one for you. Unsecured Personal Hardship Loans An unsecured hardship loan […]

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Nigeria @ 62: Paradox of poverty amid plenty

“Nothing is permanent here except suffering. No job security, no safety clothes or gadgets. Accidents are common. Every worker here would leave if they had a choice. -Joyce Ugbede “As other nations face /the challenges of the 21st century/, we are bogged down by elite greed./Every time we think we’ve seen/the worst of our country,/the […]