Statement by Mary Jackson, CEO of the Online Lenders Alliance, on Governor of California Newsom’s Signing of Interest Rate Cap Bill on Installment Loans

Mary Jackson, CEO of the Online Lenders Alliance: “This reckless rate cap will hurt Californians supporters of the bill would like to protect.” ARLINGTON, Virginia (PRWEB) October 11, 2019 Following yesterday’s signing of AB539, legislation that limits interest rates on installment loans in the state of California, Mary Jackson, CEO …

Read More »

As loan club stumbles, its entire industry faces skepticism

Renaud Laplanche and his crew piloted a 105 feet races boat across New York Harbor one day last spring, her towering sails ripping through the water at 30 knots. An accomplished sailor and founder of the Lending Club, Mr. Laplanche hosted executives from hedge funds, Goldman Sachs and other banks …

Read More »

What is PMI? How private mortgage loan insurance works

Buying a home usually presents a monster obstacle: finding a sufficient down payment. The amount you put on a conventional mortgage – which is not guaranteed by the federal government – will determine whether you need to purchase PMI insurance or private mortgage insurance. Typically, a lender will ask you …

Read More »

10 credit tips from someone with a perfect credit score

This is the holy grail of all credit scores: 850. On the widely used FICO credit score scale, about one in 200 people achieve perfection, at least as of a 2010 estimate by the. Fair Isaac Corporation, the company behind the aforementioned FICO score. The benefits of having a perfect …

Read More »

America’s 100 Best Small Businesses – 24/7 Wall St.

Special report April 10, 2012 12:22 P.M. Last updated: March 20, 2020 12:51 p.m. For the first time, 24/7 Wall St. features America’s Top 100 Small Businesses. To be considered, companies had to be publicly traded with more than $ 5 million and less than $ 1 billion in revenue. …

Read More »

Mortgage Prepayment Calculator – NerdWallet

How do I prepay my mortgage? One way to pay off your mortgage early is to add an extra amount to your monthly payments. But how much more should you pay? NerdWallet’s prepayment calculator calculates it for you. Fill in the fields with information about your home loan, then enter …

Read More »