Monthly Archives: February 2020

Subprime Loans For Home Credit Gambling In India

“We have given up on trying to decode what Home Credit does,” said the founder of a company that helps non-bank lenders raise funds. To be fair, there is nothing traditional about the way the eight-year-old Czech Republic-based Non-Bank Financial Corporation (NBFC) has built its lending business in India. Home Credit, who arrived in India […]

Alaska Senate Considering Bill To Reverse Pioneer Home Rate Hikes

The Sitka Pioneer Home was the first of its kind. Five others operate in Ketchikan, Juneau, Anchorage, Wasilla and Fairbanks. (Photo by Emily Kwong / KCAW) Last September, residents of six Pioneer homes across Alaska saw their rates jump 40 to 140 percent. This has left some seniors in dire financial straits. Juneau resident Brad […]