home.social

#loans — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #loans, aggregated by home.social.

  1. Santander boost for certain customers in Friday alert

    Santander has a major update from Friday The bank is cutting selected residential and buy-to-let mortgage rates(Image: Bloomberg,…
    #Spain #ES #Europe #Europa #EU #BancoSantander #First-timebuyers #Loans #MiddleEast #mortgages #NationwideBuildingSociety #Natwest #Santander
    europesays.com/spain/27347/

  2. Latitude Financial fined almost $4 million for breaching Australia’s spam laws again

    A financial services giant has been fined millions of dollars for a repeated breach of spam laws, including…
    #NewsBeep #News #Business #ACMA #AU #Australia #breach #Company #creditcard #FinancialServices #fined #latitude #LatitudeFinance #laws #loans #Spam
    newsbeep.com/au/607637/

  3. Latitude Financial fined almost $4 million for breaching Australia’s spam laws again

    A financial services giant has been fined millions of dollars for a repeated breach of spam laws, including…
    #NewsBeep #News #Business #ACMA #AU #Australia #breach #Company #creditcard #FinancialServices #fined #latitude #LatitudeFinance #laws #loans #Spam
    newsbeep.com/au/607637/

  4. ☑️ 🏦 Banks re-loan my money while I 'think it's stored in the #bank 🚨

    ☑️ Loans dilute / cheapen the whole pool of money each time a loan is created.

    ☑️ 💸 Newly added "money" (loans from loans) reduces the value of all existing money.

    ☑️ Loans add more #power to #banks via high-return investments / #bad projects / #speculation / #gambling.

    ☑️ Banks pay / #finance #industrial #warfare (often both sides) for #planes #guns #tanks etc...

    #Poll #Banks #Money WE pay for #wars via #Banks & #Loans

  5. Here we go... There's always a dark side when there's money involved... And when loans come due!

    Dangers and Opportunities as #China’s #Loans to #Africa Come Due

    Timothy Ditter | Monday, March 18, 2024

    "Many African economies are facing a period of serious #economic distress with a very different character from the debt crisis of the 1980s and 1990s. This time, the People’s Republic of China (#PRC) is a major player, and a dramatic decline in PRC lending has compounded economic shocks in the aftermath of Russia’s invasion of Ukraine—just as the continent tries to recover from the pandemic. From 2001 to 2022, PRC financial institutions provided more than $170 billion in credit, loans, and grants to #AfricanNations, primarily to fund infrastructure projects tied to the PRC’s Belt and Road Initiative. But new PRC loans to African governments plummeted from $28.4 billion in 2016 to less than $2 billion in 2020 and have continued to decline.

    "African governments are awakening to the fact that opaque PRC lending practices and problematic #LoanTerms have rendered already fragile economies at an increased risk of default. However, this moment of peril also provides an opportunity for African economies to build resilience by diversifying their economic partnerships and seeking out lenders with better terms and different motivations.

    "I and other CNA analysts from our China Studies and Strategy and Policy Analysis programs have just completed a series of studies on trends in the involvement of the PRC across major sectors in Africa in the context of global shocks. These include the military, mining, infrastructure, and financial sectors. We recently released the report PRC Lending in Africa: Impacts in a Time of Global Shocks. This component of the series focuses on PRC lending to nine African countries. In some cases, PRC loans helped African nations build or upgrade much-needed infrastructure. However, we also found a wide range of PRC lending practices that have contributed to the financial distress and increased the risk of default for African countries ravaged by the global shocks of the last few years. These practices include high interest rates, unfavorable terms, and uncompetitive contracting, most of which is hidden from the public in opaque contracts.

    "And when African countries struggle to repay those loans, PRC lenders have taken inflexible positions that have delayed and hardened terms in renegotiations.

    "China’s Unforgiving Lenders

    "Today’s debt troubles have some of their roots in the loan agreements signed when the PRC was eager to plow its excess savings into foreign loans. Often these agreements made the loans due in just 10 years, compared to up to 35 years for loans from the World Bank. Interest rates are often higher, too. For example, the Export–Import Bank of China charged Djibouti a fully commercial rate for the loan to build the Ethiopia-Djibouti railway, higher than multinational lenders like the World Bank charge for loans. The PRC is #Djibouti’s largest creditor, holding approximately $1.4 billion in debt, equal to about 45 percent of the country’s GDP. In January 2023, Djibouti suspended debt payments to the PRC, making it the second African nation—after #Zambia—to do so.

    "Often these agreements require loan recipients to give business to PRC contractors—without competitive bidding. The Export–Import Bank of China contract with #Kenya to finance the Standard Gauge Railway connecting the port city of Mombasa to the Great Rift Valley stipulated that most construction materials would be purchased from the PRC. The project ended up much more costly than anticipated, increasing from 220 billion to 327 billion Kenyan shillings over a period of three years. The Kenya Court of Appeal found that 'the project’s design was manipulated to inflate costs while construction and supervision charges were also overpriced.' Such agreements have helped make China’s construction firms dominant on the continent. A University of London study found that of the 32 major international contractor companies working major construction projects in Ethiopia in 2017, 80 percent were PRC contractors.

    "Because PRC loan agreements tend to be opaque, the public is usually not even aware of these loan terms. In the case of the Standard Gauge Railway, the loan with the Export–Import Bank of China was signed in 2014, but details about the terms only became publicly known in 2022, preventing oversight from Kenyan politicians or the public. In some cases, those opaque agreements and #unethical business practices may contribute to corruption. The Industrial and Commercial Bank of China funded a dam project in Angola while ignoring various potential red flags, including the involvement of the daughter of Angolan President José Eduardo dos Santos. Isabel dos Santos was awarded the $4.5 billion contract to construct the dam by her father’s government in 2015. As of 2023, Angola holds more PRC debt than any other country in Africa. And the #WorldBank listed Angola as one of seven African countries that it considered to be at high risk of debt distress in 2020.

    "Our research found that when struggling African nations need to renegotiate their loans, PRC lenders have resisted standard #LoanForgiveness practices and have slowed debt negotiations. The PRC does not follow typical debt negotiation protocols used by multilateral institutions such as the World Bank. Instead, the PRC prefers bilateral negotiations, often behind closed doors, and strongly resists cutting the total principal owed on loans. Rather, PRC lenders favor extending repayment periods or holding infrastructure as collateral on loans. This has an impact on negotiations with other creditors as well, since lenders want concessions to be shared fairly. Recent negotiations to restructure #Chad’s debt with a committee of five bilateral creditors took nearly two years. World Bank and IMF officials claimed that lenders from China unnecessarily delayed the debt deal, an accusation that has come up in debt negotiations with other African countries.

    "In the long run, however, this difficult period could have an upside for African nations. The reduction in PRC loans provides an opportunity for African countries to diversify, considering new economic partnerships on more favorable terms, with greater transparency and good governance. African nations can use multilateral negotiations to seek out lenders operating with different motivations, lenders that can help them build domestic economic strength and resilience for the future."

    Source:
    cna.org/our-media/indepth/2024

    #BeltAndRoadInitiative #BRI #LoanSharks #CancelAllDebt

  6. From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

    RUSSIA FACING DEBT CRISIS: VTB SBERBANK NO MONEY Vlog 1250: War in #Ukraine

    #Russia’s top banks #VTB and #Sberbank are bracing for a #debt crisis — mounting overdue #loans, rising defaults, and growing financial strain could destabilize the banking system soon.

    #russoUkrainianWar

    youtu.be/mtD9NKBUSc4

    You can always buy me a coffee for more video projects to come:
    ☕️ buymeacoffee.com/AnnafromUkrai
    or become my patron:
    🇺🇦 patreon.com/AnnafromUkraine

  7. From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

    RUSSIA FACING DEBT CRISIS: VTB SBERBANK NO MONEY Vlog 1250: War in #Ukraine

    #Russia’s top banks #VTB and #Sberbank are bracing for a #debt crisis — mounting overdue #loans, rising defaults, and growing financial strain could destabilize the banking system soon.

    #russoUkrainianWar

    youtu.be/mtD9NKBUSc4

    You can always buy me a coffee for more video projects to come:
    ☕️ buymeacoffee.com/AnnafromUkrai
    or become my patron:
    🇺🇦 patreon.com/AnnafromUkraine

  8. From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

    RUSSIA FACING DEBT CRISIS: VTB SBERBANK NO MONEY Vlog 1250: War in #Ukraine

    #Russia’s top banks #VTB and #Sberbank are bracing for a #debt crisis — mounting overdue #loans, rising defaults, and growing financial strain could destabilize the banking system soon.

    #russoUkrainianWar

    youtu.be/mtD9NKBUSc4

    You can always buy me a coffee for more video projects to come:
    ☕️ buymeacoffee.com/AnnafromUkrai
    or become my patron:
    🇺🇦 patreon.com/AnnafromUkraine

  9. From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

    RUSSIA FACING DEBT CRISIS: VTB SBERBANK NO MONEY Vlog 1250: War in #Ukraine

    #Russia’s top banks #VTB and #Sberbank are bracing for a #debt crisis — mounting overdue #loans, rising defaults, and growing financial strain could destabilize the banking system soon.

    #russoUkrainianWar

    youtu.be/mtD9NKBUSc4

    You can always buy me a coffee for more video projects to come:
    ☕️ buymeacoffee.com/AnnafromUkrai
    or become my patron:
    🇺🇦 patreon.com/AnnafromUkraine

  10. Do you want to learn how predatory loan companies take advantage of people with low incomes in America? And what the government isn't doing to regulate this?

    youtu.be/ST-MogjvuB4

    As an aside, this is highly similar to the lowering of maximum interest on credit cards which that industry is also very much against.

    People don't *deserve* cheap loans, 5 they do deserve to not be purposely taken advantage of.

    #finance #money #loans #debt #carLoan #usedCars #society #video

  11. Do you want to learn how predatory loan companies take advantage of people with low incomes in America? And what the government isn't doing to regulate this?

    youtu.be/ST-MogjvuB4

    As an aside, this is highly similar to the lowering of maximum interest on credit cards which that industry is also very much against.

    People don't *deserve* cheap loans, 5 they do deserve to not be purposely taken advantage of.

    #finance #money #loans #debt #carLoan #usedCars #society #video

  12. Do you want to learn how predatory loan companies take advantage of people with low incomes in America? And what the government isn't doing to regulate this?

    youtu.be/ST-MogjvuB4

    As an aside, this is highly similar to the lowering of maximum interest on credit cards which that industry is also very much against.

    People don't *deserve* cheap loans, 5 they do deserve to not be purposely taken advantage of.

    #finance #money #loans #debt #carLoan #usedCars #society #video

  13. Do you want to learn how predatory loan companies take advantage of people with low incomes in America? And what the government isn't doing to regulate this?

    youtu.be/ST-MogjvuB4

    As an aside, this is highly similar to the lowering of maximum interest on credit cards which that industry is also very much against.

    People don't *deserve* cheap loans, 5 they do deserve to not be purposely taken advantage of.

    #finance #money #loans #debt #carLoan #usedCars #society #video

  14. Do you want to learn how predatory loan companies take advantage of people with low incomes in America? And what the government isn't doing to regulate this?

    youtu.be/ST-MogjvuB4

    As an aside, this is highly similar to the lowering of maximum interest on credit cards which that industry is also very much against.

    People don't *deserve* cheap loans, 5 they do deserve to not be purposely taken advantage of.

    #finance #money #loans #debt #carLoan #usedCars #society #video

  15. Friday, September 26, 2025

    Russian fuel crisis escalates as half of gas stations in occupied Crimea halt gasoline sales -- Blackout at Russian-occupied Zaporizhzhia nuclear plant enters 3rd day after grid strike -- Ukraine's sea drones paralyze Russian Black Sea oil hubs -- Ukrainian, European leaders push Trump to change tone on Russia. Will actions follow? ... and more

    activitypub.writeworks.uk/2025

  16. Thursday, January 29, 2026

    Exclusive: Trump envoy negotiating Ukraine's fate displays 'shocking' lack of knowledge about war, politics -- As temperatures outside plunge, Ukrainian pet shelters struggle to keep animals warm amid Russian attacks -- SBU releases greatest hits video of 2025 drone strikes on Russian aircraft -- Why Colombian volunteers are joining war in Ukraine [videos/vlogs] ... and more

    activitypub.writeworks.uk/2026

  17. Thursday, January 29, 2026

    Exclusive: Trump envoy negotiating Ukraine's fate displays 'shocking' lack of knowledge about war, politics -- As temperatures outside plunge, Ukrainian pet shelters struggle to keep animals warm amid Russian attacks -- SBU releases greatest hits video of 2025 drone strikes on Russian aircraft -- Why Colombian volunteers are joining war in Ukraine [videos/vlogs] ... and more

    activitypub.writeworks.uk/2026

  18. Financial engineering on steroids, or is it simply circular financing?

    Investors are being lured to invest in loans secured against graphics processing units and backed by leases to Tech groups, and the Tech groups then shift debt off their balance sheets.

    The loans are often engineered by special-purpose vehicles formed by tech companies and investment firms for the purpose of acquiring a cache of high-performing chips, which are then leased to the tech businesses to train their AI models. finance.yahoo.com/news/ai-arms #GPUs #Loans #Financing #AI #DataCenters #Financing #Leasing #FinancialEngineering #AITraiing #LLMs

  19. Friday, January 9, 2026

    End of NATO: Trump’s Greenland ambitions put Ukraine in a diplomatic bind -- 4 killed, 19 injured as fires engulf Kyiv following Russian mass attack on Ukraine -- Ukraine denies Russian capture of Andriivka village, Sumy Oblast -- Ukraine's embattled hydropower firm gets 75 million euro boost for repairs ... and more

    activitypub.writeworks.uk/2026

  20. From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @[email protected]

    RUSSIA FACING DEBT CRISIS: VTB SBERBANK NO MONEY Vlog 1250: War in #Ukraine

    #Russia’s top banks #VTB and #Sberbank are bracing for a #debt crisis — mounting overdue #loans, rising defaults, and growing financial strain could destabilize the banking system soon.

    #russoUkrainianWar

    youtu.be/mtD9NKBUSc4

    You can always buy me a coffee for more video projects to come:
    ☕️ buymeacoffee.com/AnnafromUkrai
    or become my patron:
    🇺🇦 patreon.com/AnnafromUkraine

  21. Student loan payments in the US have been such a mess and only getting more frustrating. This article seems to be a decent summary of what changes to expect.

    2026 will bring massive changes to federal student loans

    npr.org/2025/12/23/nx-s1-56305

    #PSLF #SAVE #uspol #studentloans #loans #highered

  22. Student loan payments in the US have been such a mess and only getting more frustrating. This article seems to be a decent summary of what changes to expect.

    2026 will bring massive changes to federal student loans

    npr.org/2025/12/23/nx-s1-56305

    #PSLF #SAVE #uspol #studentloans #loans #highered

  23. Student loan payments in the US have been such a mess and only getting more frustrating. This article seems to be a decent summary of what changes to expect.

    2026 will bring massive changes to federal student loans

    npr.org/2025/12/23/nx-s1-56305

    #PSLF #SAVE #uspol #studentloans #loans #highered

  24. Student loan payments in the US have been such a mess and only getting more frustrating. This article seems to be a decent summary of what changes to expect.

    2026 will bring massive changes to federal student loans

    npr.org/2025/12/23/nx-s1-56305

    #PSLF #SAVE #uspol #studentloans #loans #highered

  25. Student loan payments in the US have been such a mess and only getting more frustrating. This article seems to be a decent summary of what changes to expect.

    2026 will bring massive changes to federal student loans

    npr.org/2025/12/23/nx-s1-56305

    #PSLF #SAVE #uspol #studentloans #loans #highered

  26. Bitcoin Treasury Corporation Acquires 292 BTC, Prepares for Toronto Trading Debut - Bitcoin Treasury Corp. (BTCT), a provider of institutional lending and liquidity services... - coindesk.com/business/2025/06/ #digitalassettreasury #sharesale #finance #loans #news #tsx

  27. On Wed, James fired an opening salvo, arguing that a #trial is not necessary to find that Trump & the other defendants inflated the value of their assets in annual #FinancialStatements, #fraudulently obtaining favorable #loans & #insurance arrangements.

    The #fraud was so pervasive, she said in a court filing, that Trump had falsely boosted his #NetWorth by between $812M & $2.2B each year over the course of a decade.

    #SummaryJudgment #law #legal