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News and updates about Loans

Shmittat Kesafim and Pruzbul

Is the hiddur to give a loan at the end of the Shmitta year in order to release that which he has loaned his neighbor a proper hiddur ?

Shmittat Kesafim and Pruzbul

Why are payday loans banned in Israel?

Payday loans are a highly controversial financial product, often carrying high interest rates and APRs that are north of 1,000%.

Why are payday loans banned in Israel?

On student loan forgiveness

This writer has a great idea for Biden, one that will have him gain college student votes but will not cost him or us a penny. Op-ed.

On student loan forgiveness

Why are payday loans popular? Who uses them and why?

Some people think of payday loans as a straight path to debt trap, but they can be a good idea if you make a responsible, informed decision.

Why are payday loans popular? Who uses them and why?

How the Way We Pay is Changing

Over the last few years, how we purchase goods, pay for services and order essentials has changed like never before.

How the Way We Pay is Changing

Where is the half billion shekels for the PA coming from?

Security source says Israeli taxpayers won't bear the cost of massive loan to the Palestinian Authority.

Where is the half billion shekels for the PA coming from?

4 Ways Bad Credit Can Come Back to Bite You

Here are some ways in which bad credit can make your life extremely difficult.

4 Ways Bad Credit Can Come Back to Bite You

Loans offered to businesses vandalized during violent protests in Los Angeles

‘Looting loss loans available immediately,’ Jewish Free Loan Association tells Los Angeles residents.

Loans offered to businesses vandalized during violent protests

UK’s Short Term Lending Calls for Innovation

The UK’s high-cost short term lending sector has seen huge disruption and many lenders are now seeing effects from the FCA’s 2015 policies.

UK’s Short Term Lending Calls for Innovation

Short term loans industry at risk of new compensation claims

Controversial short term loans industry in UK is at risk following a new wave of compensation claims for mis-sold loans and bogus claims.

Short term loans industry at risk of new compensation claims

Subprime customers seek low cost financial alternatives

UK Customers with adverse credit histories have started to turn their attention to financial alternatives to payday loans.

Subprime customers seek low cost financial alternatives

Jewish Agency to aid businesses affected by kite terror

Jewish Agency for Israel to grant loans to businesses affected by arson attacks and rocket fire originating in the Gaza Strip.

Jewish Agency to aid businesses affected by kite terror

Claims companies mull replacement for PPI claims

The controversial industry of mis-sold PPI nears its deadline a thousands of claims are made every day by British consumers.

Claims companies mull replacement for PPI claims

Quicken Loans makes it mortgages 'kosher'

Major American lender now offers 'kosher' mortgages to Jewish borrowers by adopting heter iska.

Quicken Loans makes it mortgages 'kosher'

Student Loans: End of the Government Monopoly?

Private lenders want a piece of the $100 billion student loans business, of which the government currently has a near monopoly.

Student Loans: End of the Government Monopoly?

JNF chief executive to repay $525,000 loan from charity

NY Attorney General orders JNF executives to repay loans taken 'to facilitate the purchase of real estate.'

JNF chief executive to repay $525,000 loan from charity

Israelis Borrowing Too Much, Says Concerned NPO

According to statistics compiled by the Pa'amonim organization, one third of Israelis took loans of some sort last year.

Israelis Borrowing Too Much, Says Concerned NPOplayer

AG Reveals: Govt. to Oversee Hareidi Money-Lending

The government plans to institute oversight of 'gemach' free loan societies. Weinstein: Hareidi leaders will be involved in process.

AG Reveals: Govt. to Oversee Hareidi Money-Lending