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The SEC hit Silicon Valley lender Prosper with a $3 million fine for inflating its returns to ‘tens of thousands of investors’
The Securities and Exchange Commission on Friday said online lender Prosper would pay a $3 million penalty for inflating returns to investors.
Household debt has cast uncertainty on growth and financial stability in the world's second-largest economy.
Unlike credit cards, personal loans offer a fixed interest rate, fixed repayment term, and fixed monthly payment. Read on to learn more.
The Fed just marched ahead with an interest-rate hike — here’s what the increase means for your wallet
The Federal Reserve's interest-rate hike will push up interest rates for credit cards and other types of loans as banks raise the prime lending rate.
BI PRIME: In the first nine months of 2018, worldwide fees from investment banking reached an estimated $76.6 billion, slightly down from last year. JPMorgan held the top spot for the total IB revenues, according to Refinitiv.
UK-based staff can now apply for accounts with Marcus and give "feedback before officially going to market." The bank will officially launch to UK consumers "in the coming weeks."
An eccentric tech investor and self-help guru has a wild, controversial idea to solve one of America’s biggest problems that he thinks could tur...
James Altucher, a tech investor and self-help guru, says recent college graduates should consider letting wealthy individuals or organizations invest in their futures for a percentage of their future earnings. This way grads could pay off their loans faster.
Student loans can leave young people in thousands of dollars worth of debt, with the average borrower graduating with over $37,000 to pay back. Despite the costs, student loans are a worthwhile investment if having that education will lead to a good career and income down the road.
The Federal Reserve's June interest-rate hike means banks are increasing their prime lending rate. In turn, this means interest rates for things like credit cards and loans from these banks will go up.
The Federal Reserve hiked interest rates on Wednesday, which means bank's prime lending rates for things like credit card also went up.