Category : debt collection

Tradeplus24 Launches Into UK With Close Of £30 Million Debt Facility From PFG
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Tradeplus24 Launches Into UK With Close Of £30 Million Debt Facility From PFG

Fintech News Desk
by Fintech News Desk0
Tradeplus24 is launching into the UK with the close of a £30 million debt facility provided by San Francisco-headquartered global credit fund, Partners for Growth (PFG), with advice offered by debt advisory, Neu Capital. The funds will be used to rapidly scale Tradeplus24’s highly competitive revolving lines of credit for SMEs across the UK,......
Tenneco to Be Acquired by Apollo Funds
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Tenneco to Be Acquired by Apollo Funds

Fintech News Desk
by Fintech News Desk0
Tenneco Shareholders to Receive $20.00 Per Share in Cash, Representing 100.4% Premium Tenneco announced it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo in an all-cash transaction with an enterprise valuation of approximately $7.1 billion, including debt. The purchase price of $20.00 per share represents a......
Relief Secures $15 Million in Series A Funding to Help Consumers Combat the Credit Card Debt Crisis
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Relief Secures $15 Million in Series A Funding to Help Consumers Combat the Credit Card Debt Crisis

Fintech News Desk
by Fintech News Desk0
Since the launch of Relief’s waitlist, over 100,000 consumers have signed up for their free service with a combined total of over $750 million of credit card debt Relief, the personal finance startup committed to helping everyday people achieve financial freedom by eliminating credit card debt, announced it has raised......
Fidelity Expands Fixed Income Lineup With Introduction of Fidelity Tactical Bond Fund
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Fidelity Expands Fixed Income Lineup With Introduction of Fidelity Tactical Bond Fund

Fintech News Desk
by Fintech News Desk0
New mutual fund has flexibility to allocate assets across full spectrum of debt market Fidelity Investments, one of the world’s leading global fixed income investment managers, announced the launch of Fidelity Tactical Bond Fund (FBAGX), extending Fidelity’s lineup of fixed income strategies across the risk spectrum. The fund is now......
First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt
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First Citizens Bank Announces Redemption of Approximately $2.9 Billion of Its Senior Unsecured Debt

Fintech News Desk
by Fintech News Desk0
First Citizens BancShares, Inc., parent company of First-Citizens Bank & Trust Company, announced that First Citizens Bank has given notice of its intention to redeem approximately $2.9 billion of its senior unsecured debt. On January 24, 2022, First Citizens Bank notified Wilmington Trust, National Association, as trustee (the “Trustee”), and......
Lendah Cautions Consumers to Avoid Dangerous Financial Trend of Moving Unsecured Debt into Secured Assets
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Lendah Cautions Consumers to Avoid Dangerous Financial Trend of Moving Unsecured Debt into Secured Assets

Fintech News Desk
by Fintech News Desk0
Boston-based financial services company sees a growing number of people lured by lower rates that are refinancing mortgages to eliminate rising credit card debt Lendah, a Boston-based financial services company, urged caution this new year as more and more consumers are making the mistake of turning towards their secured assets......
CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection
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CFPB Issues Bulletin on ‘No Surprises Act’ to Stop Unlawful Medical Debt Collection

Sudipto Ghosh
by Sudipto Ghosh0
Thanks to Consumer Financial Protection Bureau (CFPB), consumers availing of emergency medical services will get more protection from debt collection and credit bureaus. Last week, the CFPB released a bulletin related to the No Surprises Act. This step was taken to create awareness among debt collection agents and credit bureaus......
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