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Deferrals on residential mortgages and home-equity loans have been a common theme at JPMorgan Chase, Bank of America, Wells Fargo and Citigroup since the start of the coronavirus pandemic.
August 5
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The e-commerce site and online lender have teamed up to let eBay sellers borrow up to $25,000.
August 5
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The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine.
August 5
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The global pandemic and stalled trade negotiations have discouraged farmers and ranchers from taking on more debt and made banks uneasy about extending more credit.
August 4
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Along with the assets-under-management milestone, Michigan Business Connection noted that its partner credit unions have financed more than 1,000 Paycheck Protection Program loans.
August 4 -
Besides reauthorizing the Paycheck Protection Program, Congress should upgrade the loan forgiveness process, offer businesses the chance to take out a second loan and ensure the pricing satisfies lenders, bankers say.
August 4
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Over 90% of loans from CUs in the Empire State are eligible for forgiveness using the $150,000 threshold.
August 4
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The company falsely advertises its cash advances as requiring no collateral or personal guarantee, according to a lawsuit filed by the Federal Trade Commission.
August 3
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On Mar. 31, 2020. Dollars in thousands.
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On Mar. 31, 2020. Dollars in thousands.
August 3
