goeasy Ltd. Achieves  Billion Consumer Loan Portfolio

goeasy Ltd. Achieves $4 Billion Consumer Loan Portfolio

MISSISSAUGA, ON, June 3, 2024 /CNW/ – goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company“), one of Canada’s leading consumer lenders focused on delivering a full suite of financial services to Canadians with non-prime credit, announced today that its consumer loan portfolio has surpassed $4 billion in gross loan balances. The Company began consumer lending…

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Servicers have settled loans of over 15 billion euros

Servicers have settled loans of over 15 billion euros

Debt management companies (servicers) have so far arranged bad loans amounting to 15.2 billion euros since 2022, while the total debts they manage amount to €90 billion. These are the dues of 2,271,548 borrowers, of which 80% are loans that have been sold to funds, while the rest concerns loans that still belong to the…

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Budget earmarks almost  billion in loans, grants for Ukraine

Budget earmarks almost $3 billion in loans, grants for Ukraine

The new federal budget sets aside $2.72 billion in loans and donations for Ukraine in the current fiscal year, most of which is aimed at helping President Volodymyr Zelenskyy’s government keep the embattled country’s finances afloat. And a lot of that money is already out the door. The Canadian government delivered $2 billion in loan assistance…

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Federal budget 2024 needs to address the cost of doing business and return the .5 billion in promised carbon tax rebates to SMEs

Federal budget 2024 needs to address the cost of doing business and return the $2.5 billion in promised carbon tax rebates to SMEs

TORONTO, April 10, 2024 /CNW/ – The federal government needs to leverage its upcoming budget to address the high cost of doing business and introduce a plan to return the $2.5 billion owed to small businesses in carbon tax revenue, says the Canadian Federation of Independent Business (CFIB). CFIB Logo (CNW Group/Canadian Federation of Independent Business)…

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Energy Company Negotiating .6 Billion Loan From Biden Admin Made ‘False and Misleading Statements’ About Its Business Prospects, Lawsuit Says

Energy Company Negotiating $1.6 Billion Loan From Biden Admin Made ‘False and Misleading Statements’ About Its Business Prospects, Lawsuit Says

Plug Power has already raked in $70 million from Biden administration Jigar Shah (energy.gov), hydrogen facility (Plug Power Inc./Twitter) A hydrogen fuel company that raked in over $70 million from the Biden administration—and is negotiating a $1.6 billion federal loan—has been hit with a class action lawsuit from investors who claim that company made “false…

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