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Tag Archives: Loan

California Sue's Nation's Largest Student Loan Servicer

The California Justice Minister announced on Thursday that he was suing the country's largest student loan processor, claiming he was hurting consumers for failing to properly service the debt. Attorney General Xavier Becerra said the state will file a lawsuit against Navient Corp. this week. The Delaware-based company was causing financial damage to thousands of Californians. He said the company …

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India urges AIIB to increase its loan book tenfold to $ 40 billion by 2020

MUMBAI (Reuters) – The China-supported Asian Infrastructure Investment Bank (AIIB) should increase its lending tenfold within two years to help the region meet its investment needs faster, said Prime Minister Narendra Modi at the Mumbai's third annual meeting of multilateral lenders. FILE PHOTO: Prime Minister Narendra Modi speaks before the parliamentary elections in Karnataka on 8 May 2018 in an …

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Taiwan to loan ally Haiti $ 150 million amid China onslaught

by Associated Press June 1 at 1:01 AM TAIPEI, Taiwan – Taiwan plans to lend ally Haiti $ 150 million for infrastructure development in a bid to shore up relations amid a renewed diplomatic onslaught by rival China that has stripped it of two foreign allies in the past month. Foreign Ministry spokesman Andrew Lee said Thursday the aid was …

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Wynn Resorts tighten up Loan Safeguards as Macau Casinos boom

This gambling company is giving its existing lenders a good hand, in a rare example of a junk-rated company that raises the guarantee of a loan. Wynn Resorts (Macau) SA wants to tighten financial conditions on a $ 3.05 billion equivalent facility that, in the opinion of those familiar with the matter, should not be publicly speaking and should not …

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