India: Shapoorji Pallonji Eyes Private Credit Deal

India: Shapoorji Pallonji Eyes Private Credit Deal

The Indian group of Shapoorji Pallonji (SP), a conglomerate of construction and real estate, negotiates with global funds of private credit to collect $ 3.3 billion, marking the largest private debt agreement in local currencies in the country. Funds will be used to refinance existing debt. The group is controlled by billionaire Shapoor Pallonji Mistry, … Read more

Credit By Another Name | Global Finance Magazine

Credit By Another Name | Global Finance Magazine

BUY-NOW-PAY-LATER offers SMEs another source of credit. Although generally available on the consumer market for about a decade, the Buy-Now-Pay-Later (BNPL) electronic payment model finally bears fruit for micro, small and medium-sized enterprises (MSME) by avoiding payments Interest on business credit cards, reduce documents, facilitate faster transactions and improve liquidity management. The BNPL Business-to-Business (B2B) … Read more

CFPB Warns of Credit Card Bait-and-Switch Tactics

CFPB Warns of Credit Card Bait-and-Switch Tactics

The CFPB warns consumers about Bait-and-Switch credit card rewards. Key information The Consumer Financial Protection Bureau has alerted consumers and law enforcement about potential violations of the law by credit card companies that offer rewards programs, as well as in-store credit card issuers . Consumer reports indicate that credit card companies offering rewards programs have … Read more