lenders

Nexo, one of the last crypto consumer lenders, pulls out of the US market

Nexo, one of the last crypto consumer lenders, pulls out of the US market

Nexo, one of the newest crypto lenders, said on Monday it would phase out its high-yield product for US customers. The move comes as Nexo’s high-yield crypto interest product has come under scrutiny as investors question the balance sheet transparency and health of crypto exchanges, particularly major lenders, amid continued industry fallout from the collapse …

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“Buy now, pay later” lenders spot a new market: small businesses

“Buy now, pay later” lenders spot a new market: small businesses

Record levels of inflation, rising interest rates and low levels of confidence continue to complicate business life. This is especially true for small and new businesses, which often need to invest a significant amount of initial capital to purchase equipment, build inventory, or advertise. A potential solution to this difficulty is business-to-business (B2B) “buy now, …

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What you need to know about captive lenders before using one for your car purchase

What you need to know about captive lenders before using one for your car purchase

Insider’s experts choose the best products and services to help you make informed decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page. Captive lending is a type of in-house financing often found at car …

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The pros and cons of switching lenders when refinancing your mortgage

If you are considering refinancing your home loan, consider switching to a new mortgage lender. “Loyalty to the lender can backfire if you don’t shop around to see if there are better rates,” says Heather McRae, senior loan officer at Chicago Financial Services. This is especially true in today’s refi market, where lenders compete aggressively …

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