Archive for the ‘Consumer Lending’ Category.

Consumer credit boom expected in next five years in Viet Nam

Consumer credit boom expected in next five years in Viet Nam
The percentage was expected to rise to more than 15 per cent of the total outstanding loans in the next five years, or an average annual rise of 20 per cent, promising a busy market with a diversification of consumer lending packages. According to …
Read more on Viet Nam News

Santander Consumer USA Holdings (SC) – Investment Analysts’ Recent Ratings Changes
According to Zacks, “Santander Consumer USA Holdings Inc. is a technology-driven consumer finance company which focused on vehicle finance and unsecured consumer lending products. The company’s vehicle finance products and services include …
Read more on EMQ

Buffett’s Mobile-Home Unit Should Be Probed, Lawmakers Say
The company’s lending arms “are highly regulated by state and federal agencies, which closely monitor our treatment of borrowers,” Clayton said in a statement Wednesday. “The reporting is based on HMDA data, which does not include key factors … and …
Read more on Bloomberg

Latest Consumer Lending News

Minnesota Mortgage Association leader Brian Call on new rules, rising interest
Brian Call, president of Rubicon Mortgage, steps into the role of president of the Minnesota Mortgage Association at a particularly challenging time for the industry. Coming out of the recession, the industry has faced a near overhaul of its …
Read more on Minneapolis Star Tribune

Consumer credit’s US growth slows
Federal government lending to consumers, made up mostly of educational loans, increased $ 2 billion in November from the previous month before adjusting for seasonal variations. It was the smallest gain since February 2012. Revolving debt, which …
Read more on Arkansas Online

Market Jitters
The majority of the portfolio is expected to be in unsecured loans to consumers (interest rates ranging from 6-15% and an approximate size of up to £100,000) as well as lending to small businesses, although it may also invest in secured loans …
Read more on AltFi

Home Furnishings Lending a Touch of Class!

Invariably the smallest object lying on any dining table is the coaster. But even the coasters when kept in a tasteful manner can enhance the overall look of the dining spread and suddenly render the food far more enticing than it actually is. It is heartening to note that there is a sumptuous fare in the handicraft market place when it comes to various home furnishing products. Rather, you can say there is an abundance of it.

Coasters, tissue boxes, table mats, bed sheets, quilts, rugs & carpets and what not…

Besides coasters, you have tissue boxes and table mats as the other major table décor items. Again, you have a surfeit of choices that are being made available to you by the different states. Each of them have extended their share of this very important category of handcrafted products and thereby have added immensely to the overall value.

Of course, the mainstay of handcrafted home furnishings remain the exquisitely embroidered bed sheets, cushion and pillow covers, modha covers, quilts, rugs & carpets, etc. The kind and level of embroidery work, patch work and the accompanying embellishments such as mirror work, use of tassels, etc that you get to see in them is something that is simply indescribable. You have to see them to believe what we are conveying here.

The rugs & carpets handtufted and crafted by the highly skilled artisans of Mirzapur district of Uttar Pradesh are globally acknowledged for the sheer level of handcraft expressed on each and every rug or carpet. Similarly the handmade quilts with Batik paintings done on them are also a big, big hit.

Rajasthan, Bihar, UP, Gujarat, West Bengal are all into it!

Isn’t the choice really great. You have splendidly crafted bed sheets from the Kutch region, and cushion and pillow covers from Jammu & Kashmir, Gujarat , modha covers, again from Gujarat and Rajasthan , rugs & carpets from Mirzapur in Uttar Pradesh, etc.

The choices does not cease here. You then have very cute looking wooden coasters crafted by the god gifted craftspersons of Rajasthan. Within this Western state, Jaipur the capital city is an important centre.

This superior level of craft is readily evident in the tissue boxes made of lac and the cute looking and at the same time highly sophisticated looking table mats made of coral as well. Th e lac made boxes are from the north eastern state of Bihar while the coral made handcraft products are from the eastern state of West Bengal.

Register with Craffts.com and get Rs. 350/- Off on your first purchase of Rs. 750/- & above.

### Craffts.com is an e-commerce portal with exotic and wide range of Indian handicrafts and handmade products. Portal deals in Fashion Jewellery, Hand-made Bags, Apparels, Accessories, Necklace sets, Bangles, Pendants, Paintings, Wood Art, Decorative, Bed sheets, Table Décor, Furnishing, organic products, herbal products and much more. We cater our products and services to the global masses.

 

Satyajit Banerjee is an expert writer in handicraft space and writes for Craffts.com, an eCommerce portal for handcrafted and home decor. It offers wide range of products across various categories ranging from Fashion Jewellery, Hand-made Bags, Women Apparels, Accessories, Necklaces, Home Décor & Furnishing products and much more.

Roff banker completes consumer lending school

Roff banker finishes customer financing school
The OBA Consumer Lending School, conducted annually, educates pupils regarding total credit purpose helping develop abilities to fulfill the needs of loan consumers and their particular lender. Specific regions of instruction feature application for the loan generation …
Find out more on Theadanews

Hollis banker graduates from OBA Consumer Lending class
OKLAHOMA CITY — Cole Childers, loan officer at Great Plains nationwide Bank in Hollis, recently finished the Oklahoma Bankers Association Consumer Lending class in Oklahoma City. Childers had been among 48 students of school, which was held Oct.
Read more on Altus Times

Blackstone Group to launch customer lending supply
Stephen Schwarzman’s Blackstone Group, the largest landlord in the nation, is all about to play loan matchmaker for people thinking of buying household items. The private equity company purchased the domain name for Lending.com and wants to allow it to be much easier for …
Find out more on The Real Contract Magazine (blog)

Latest Consumer Lending News

With Consumer Lenders Under Regulatory Glare, Big Banks Tighten Purse Strings
Consumer lending firms that focus on borrowers with weak credit have done surprisingly well in the last few years. Many survived the financial crisis of 2008, the Great Recession, and even went on to post strong profits in the face of an onslaught of …
Read more on New York Times

UK consumer lending at highest in 8 years
LONDON–Lending to British households rose in August to its highest monthly total in more than seven years, a sign that easier credit may help drive economic growth for the rest of the year. Lending to consumers, net of repayments, was 4.3 billion …
Read more on MarketWatch

Lending a Helping Hand is Not Really Lending at All

Lending a helping hand doesn’t mean waiting until some one asks you to do a favor, or pays you for the assistance, it means supplying whenever you anticipate absolutely nothing in return. Actually, lending a hand, is not actually lending after all, although previously it may are regarded as these types of, it truly means, giving a hand!

In bygone many years, when a neighbor lent a hand to someone, he knew undeniably that whenever their need arose, that next-door neighbor and many more, for who he previously done nothing, would flock to their rescue and stumble over each other in the act! Exactly what some sort of, eh?

It simply is that the time for these types of giving and unselfish participation into the everyday lives of other individuals, has come back around to provide all of us the opportunity to feel the pleasure of offering a hand to some one in a less lucky position than ourselves.

In times like these, we see exactly what people are made of! We see exactly what it means to provide through the heart, what it is like to put the head down through the night and feel gifted and calm for gift of providing you have shared.

It’s not as to what you’ve got it really is as to what you give! You will find that you won’t ever run lacking having some thing to give.

It may be a hand across a street, to an elderly individual, standing at light, hesitating, as a result of quick amount of the walk light. Ever think of exactly how scary it really is to an individual who knows they are unable to make it clear next door, ahead of the light modifications? It may just be your presence, taking thirty seconds from your time to offer, brings peace towards the heart for the elderly! Simply how much is that well worth?

Lending a helping hand, is contagious it triggers united states for such internal blessing, we look for ourselves seeking other ways to pass on this gorgeous gift!

Don’t watch for a next-door neighbor to ask, see what can help you to help make their particular resides and work easier plus pleasurable, provide the gift that comes back the true blessing!

Cheryl G Burke
http://cherylgburke.com

A significant market portion is appearing as a consequence of the financial crisis. In accordance with a recently available review performed because of the Deloitte Center for Financial Services, 22 percent of People in america with bank records experienced a significant negative credit circumstance over the last 2 yrs, and 11 per cent had been first-time defaulters — customers that has never ever fallen into delinquency prior to.
Modern bout of Deloitte Insights features a discussion among moderator Sean O’Grady, Andrew Freeman, executive director, Deloitte Center of Financial Services, and Deron Weston, key, Deloitte Consulting LLP. Stay tuned to learn more about the study and the chance this brand new customer section signifies for banks that can help them with their credit needs.
Movie Rating: / 5

Relevant Customer Lending Posts

Borrowing and Lending Rates

 

Borrowing and Lending Rates

 

 

Equally unrealistic is the assumption of identical borrowing and lending rates for the investor. The risks involved in lending money to the federal government are less than the risks of lending money to ordinary investors, and investors therefore pay higher rates of inter est on borrowed funds than they receive through investment in riskless.

The amount of reduction in the slope of the line beyond the point of tangency obviously depends upon the magnitude of the difference between the borrowing rate for the investor and the lending rate, and thisdifference depends in part upon the credit rating of the investor. It is also realistic to acknowledge that the rate paid by the investor depends in part on the amount borrowed. This results in an extrapolation beyond the point of tangency which is curvilinear rather than linear.

 

The most visible professionally managed portfolios are mutual funds, and it is not surprising, therefore, that most research in the field of investments relating to portfolios is based upon mutual funds. Earlier, in studies of mutual funds were discussed to see whether their performance was consistent with the efficient market hypothesis. Here, the performance of mutual funds is discussed to test the explanatory power of Sharpe’s capital asset pricing model.

There are two excellent studies of mutual fund performance which explicitly discuss the nature of the relationship between the rate of return on portfolios and their riskiness through time. Both are in sub stantial conformity with the implications of Sharpe’s model. The first study was by Sharpe himself. He computed average annual rates of return and standard deviations of those returns for 34 mutual funds for the years 1954-63. The model implies that higher risk portfolios, on the average, will have higher returns. Sharpe’s inquiry indicates that this was true for the 34 funds during the period studied. The correlation between the average returns and their standard deviations was +0.836 indicating that about two thirds of the differences in returns were “explained” by differences in risk.

Further, the relationship between returns and risk was approximately linear, as implied by the model, except for the region of high risk. A possible explanation is that the high-risk portfolios were less efficiently diversified than the others.

 


Related Consumer Lending Articles

Lending and Borrowing

Lending and Borrowing

A natural extension of the Markowitz analysis was to consider the problem of building portfolios which included riskless assets and portfolios purchased in part with borrowed funds as well as portfolios of risky assets paid for in full with the investor’s equity.

Recall that the efficient frontier for portfolios made up of many risky assets is typically concave from below in the plane whose axes are risk (as measured by the standard deviation) and expected return. For any given period of time, there are assets whose rates of return can be predicted with virtual certainty. Since nuclear holocausts, natural disasters, and revolution are conceivable, the word “virtual” is necessary in the preceding sentence. Nevertheless, most investors have an extraordinarily great confidence that they can predict accurately the rate of return on securities of the federal government for any period which is equal to their maturity. For example, Treasury bills maturing in one year have a precisely predictable rate of return for one year.*

The introduction of riskless assets into portfolios has interesting consequences. In the following diagram the return on a risk-free asset

If the riskless” asset is represented by i, and the portfolio of risky assets at the point of tangency by ;, it is easy to see that only the second term of the equation has a positive value. The value of the first term is zero because the return on the riskless asset has zero variance; the third term has a value of zero because the return on the riskless asset has a standard deviation of zero. It is also true that the variance of the portfolio of risky assets is a parameter which is given. Thus, the variance of the combined portfolio depends exclusively on the risky assets at the point B with the riskless asset, or by levering the portfolio B by borrowing and investing the funds in B. Portfolios on RfBD are preferred to portfolios between A and B and between B and C since they offer greater return for a given level of risk or less risk for a given level of return. The efficient frontier is now linear in its entirety. The line RfBD is Sharpe’s capital market line. It relates the expected return on an efficient portfolio to its risk as measured by the standard deviation.

In the diagram above, there is only one portfolio of risky assets which is optimal, and it is the same for all investors. Since there is only one portfolio of risky assets which is optimal, it must be the market portfolio. That is, it includes all assets in proportion to their market value. We can now describe the capital market line mathematically in terms of the risk-free rate of interest and the return on the market portfolio.

This says the expected return on an efficient portfolio is a linear function of its risk as measured by the standard deviation. The slope of the line has been called the price of risk. It is the additional expected return for each additional unit of risk.

 


Prestige Financial Announces Direct-to-Consumer Lending Option

Image from page 132 of “Strawbridge & Clothier’s quarterly” (1882)
consumer lending
Image by Internet Archive Book Images
Identifier: strawbridgecloth02stra
Title: Strawbridge & Clothier’s quarterly
Year: 1882 (1880s)
Authors: Strawbridge & Clothier
Subjects: Department stores Mail-order business Clothing and dress Fashion Home economics Clothing and dress Consumer goods Dry goods
Publisher: [Philadelphia : The Company]
Contributing Library: Philadelphia Museum of Art, Library
Digitizing Sponsor: Lyrasis Members and Sloan Foundation

View Book Page: Book Viewer
About This Book: Catalog Entry
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Text Appearing Before Image:
of gluten isadded to a lye of soda, which is allowedto stand for twenty-four hours, and is thenfiltered. The hats are steeped for twelvehours in the clear liquid. The straw is thusfreed from grease, and the mordants ofnitrate, sulphate, or acetate of iron, as wellas the decoction of logwood mixed withsumac or galls, is very evenly taken up bythe fibre. A slight addition of bichromateof potash improves the tone of the dye,and the goods are finished with gum orgelatine. Dora Harvey Coxey. m • ^ An Elegant Sofa Cushion on the upperside shows two strips of rich goods, a sea-green satin and shrimp-pink plush joinedtogether. The centre decoration is a designof clustered raised flowers, appliqued andencircled with a narrow piece of lace, care-fully gathered. Across each corner is tracedan antique pattern of scroll-work, wroughtwith gold and silver cords intermingled;the same twisted together making an excel-lent finish to the edge. The back of thecushion is plain satin. D. NEW GERMAN TIDY.

Text Appearing After Image:
IGHT and lace-like is the Ger-man tidy, thepattern of whichwe illustrate be-low. It is entirelynew in this coun-try, having justbeen receivedfrom Germany. It appears intricate; butanyone following our directions, helped bythe illustration, will be able to make this tidy.Having a fine crochet needle and a spoolof No. 50 cotton or linen thread, make aring of soft cord about the size of a silver fivecent piece, and over this foundation crochetforty-eight long stitches, making a solidring. Into every fourth stitch of this ringcatch a chain of seven stitches, makingtwelve chains in allto every ring. Next,make a secondring like thefirst, exceptthat

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Prestige Financial Announces Direct-to-Consumer Lending Option
Prestige’s new offering allows consumers to deal directly with the lending source to access the best loan available to them. Until now, Prestige has provided auto financing exclusively through dealerships. The company will continue its strong …
Read more on Business Wire (press release)

Bank of Montreal Profit Beats Estimates on Lending, Wealth
Bank of Montreal, the first Canadian lender to report third-quarter results, posted profit that beat analysts’ estimates on gains in consumer banking and wealth management. Net income for the period ended July 31 climbed 5.9 percent to a record C$ 1.19 …
Read more on Bloomberg

Santander Consumer USA Holdings Inc. (NYSE:SC) Analyst Rating Update
Santander Consumer USA Holdings Inc. is a full-service, consumer finance company focused on vehicle finance and unsecured consumer lending products. The Company operates in Vehicle Finance. The Company originates loans indirectly through …
Read more on News Watch International