Consumer Lending Services

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Shinsei to buy GE's Japan finance unit

AP News 13 days ago

<div id="subtitle">Shinsei Bank to buy GE's consumer finance unit in Japan for $5.4 billion</div><div><p>Midsize Japanese lender Shinsei Bank Ltd. said Friday it would acquire the local financial arm of General Electric Co. for 580 billion yen ($5.4 billion) in a bid to ...

GE profit falls, meets estimates, sells loan unit

AP News 13 days ago

<div id="subtitle">General Electric 2Q profit falls but meets expectations, sells Japanese loan unit for $5.4B</div><div><p>General Electric Co. reverted to form with no big surprises in its latest earnings report, and investors shocked by an unexpected profit shortfall three months ago showed their ...

Nelnet Agrees to End Payoffs to Alumni Associations

consumeraffairs.com 13 days ago

&lt;div id="subtitle"&gt;Loan Consolidator Reaches $2 Million Settlement with NY&lt;/div&gt;&lt;div&gt;&lt;p&gt;New York Attorney General Andrew M. Cuomo has announced a settlement with Nelnet, a top student loan consolidator and one of the largest holders of federal loans.p&amp;gt;&lt;/p&gt;&lt;p&gt;The settlement ...

HSBC to scale back US consumer finance arm: report

AFP European Edition 14 days ago

<div><p>HSBC on Monday will announce plans to scale back its US consumer finance operations as it launches a 17 billion US dollar rights issues to boost its capital base, the Financial Times reported.</p><p>The London-based bank, which will release its annual results at ...

THESE LENDERS MAY NOT BE MISSED

BusinessWeek 17 days ago

<div><h1> THESE LENDERS MAY NOT BE MISSED </h1><p>While auto chiefs sat before Congress begging for a bailout in early December, private student lenders were quietly asking for money at the Ritz Carlton in Arlington, Va. In a posh ballroom under glittering chandeliers, ...

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