Digital payment platform PalmPay has reaffirmed its role as a mobile payment provider, distancing itself from any direct involvement in loan disbursement. The Mobile Money Operator with 35 million customers explained that all lending activities on its platform are conducted by third-party financial institutions leveraging its ecosystem, not PalmPay itself. Speaking at a press conference
Date 8/18/2024 2:07:37 PM (MENAFN– Jordan News Agency) Amman, August 18 (Petra) – The Agricultural Credit Corporation (ACC) has extended loans worth JD 2.616 million to 295 borrowers under the Irrigated and Rainfed Agricultural Land Development and Exploitation Project in the first half of 2024.This financial support is part
Employers can now help borrowers pay off student debt Student loans have become a $1.8 trillion burden for millions of Americans. A new law signed by President Biden may help borrowers pay off their loans while saving for retirement. Bloomberg – Quicktake Did you wake up to an email on Friday stating your student loans
Joe Biden and Kamala Harris continue to march forward with debt forgiveness plans that they have no authority to implement. Millennials: Thousands in debt, little in the bank, yet loves vacations Millennials are struggling to stay financially afloat these days thanks to rising rent, and student loan debt. Buzz60 It’s the middle of August, which
Student loans are holding borrowers back A new Gallup poll finds that most student loan borrowers are delaying other major life events due to their debt. President Joe Biden’s administration has worked to forgive or lower student loan repayments, but now one of the main programs helping millions of Americans is in court and borrowers
The World Bank Group Finances has revealed that the Federal Government is still repaying $10.6bn in loans obtained under former Presidents Olusegun Obasanjo, late Umaru Musa Yaradua, and Goodluck Jonathan. Recall that in June 2024, the Debt Management Office said as of March 31, 2024, Nigeria’s domestic and external debts stood at N121.67tn ($91.46bn). The
Salt Lake City, Utah-based WebBank is teaming up with BMG Money to expand access to lower-cost loans. The partnership aims to broaden financial inclusion for employees and retirees with limited access to socially responsible loan programs, the companies said in a Tuesday (Aug. 6) news release. WebBank and BMG Money are launching LoansAtWork, which is issued