RPT-Latest threat to online lenders: "stacking" of multiple loans

(Repeating for additional clients with no changes to text) By Heather Somerville, Olivia Oran and Joy Wiltermuth SAN FRANCISCO/NEW YORK June 10 (Reuters/IFR) – Many online lenders have failed to detect the stacking of multiple loans by borrowers who slip through their automated underwriting systems, lending company executives and investors… Read more“RPT-Latest threat to online lenders: "stacking" of multiple loans”

The Debt Panel: Father-of-one’s UAE salary swallowed up by Dh109,000 loan and card repayments

Debt panellist 2: Ambareen Musa, founder and chief executive of Souqalmal.com Based on your current financial situation, a debt consolidation loan could be a possible solution. With this option you can merge your entire debt into one loan including your all your six credit cards with outstanding balances totalling Dh73,500…. Read more“The Debt Panel: Father-of-one’s UAE salary swallowed up by Dh109,000 loan and card repayments”