Metycle, a Cologne-based supplier of secondary copper and aluminium, has secured a €131.7 million ($150 million) credit facility. The credit facility was provided by Rivonia Road Capital, a California-headquartered private…
Credit
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Stocks
‘It doesn’t seem fair’: I’m retired and have plenty of money. Why can’t I qualify for a retail credit card?
“I draw from my IRA as needed for household repairs, trips and other larger expenses.”
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Key Takeaways: Ripple, Clearpool and Cicada are introducing institutional lending to the XRP Ledger. Since 2021, Clearpool has arranged over $930 million in institutional loans. RLUSD will provide credit for…
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Crypto Currency
Bitcoin faces its highest Treasury hurdle since 2007 with $22.5B less crypto credit to unwind
The US 30-year Treasury yield crossed 5.3% on Aug. 17 for the first time since June 2007, the same day Galaxy published a report showing crypto-collateralized lending down more than…
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TransUnion announced an addition to its mortgage credit report, TruVision Alternative Credit Attributes, designed to expand lender visibility beyond traditional credit data at no additional cost. Lenders sifting through mortgage…
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Bitcoin’s more than $10 billion corporate credit market is still attracting new entrants after a June selloff triggered margin calls and drove its leading preferred shares far below par. A…
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Keeping fit in Singapore is not cheap. A gym membership alone can cost you more than S$100 a month. Add ClassPass, spin classes, yoga, activewear, running shoes, a smartwatch strap,…
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Crypto Currency
Crypto lending turns to Wall Street credit rules to win back institutional trust after 2022 collapse
Celsius froze withdrawals in June 2022 before filing for Chapter 11 in July 2022, and Genesis froze redemptions after FTX’s collapse and filed for bankruptcy in January 2023, owing approximately…
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You logged in to your bank app, glanced at your credit score, and felt your stomach drop. Last month it was fine. This month, it’s tanked — 40 points, maybe…
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Most major student loan refinance lenders require a FICO score of about 650 to 680 to qualify, but the lowest advertised rates are typically reserved for borrowers with scores of…
