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As digital lending continues to rise, one can only be left to wonder how it got this way? For a long time, the process of obtaining a loan was long, arduous, and downright anxiety-ridden. Living in the digital age gives our constant existence a sense of urgency, of needing to adapt or move on to... Read More...
— Italian Freemason Giuseppe Mazzini TURNING MEN INTO SWINE How do you take a nation of free and independent citizens and turn them into slaves? How do you do this slowly and imperceptibly, without violence, and with the willing participation of the slaves-to-be? The answer is simple. You corrupt them, undermine them, deprave them, demoralize them, until they have acquired all the characteristics of slaves. As the sorceress Circe, with a wave of her magic wand, turned the followers of Ulysses into grunting swine, you can wield your weapon of mass hypnosis, the media, over a nation and t...
Financing deals announced at LendIt Several platforms used this week’s LendIt conference in New York City to announce significant financing agreements. Online platform LendKey struck a deal with MidCap Financial where MidCap agreed to purchase up to $1 billion in student consolidation loans originating on LendKey. MidCap’s parent company Apollo Global Management may purchase additional loans via investment funds under its control. Several platforms made significant funding announcements immediately before and during LendIt “This transaction is a transformational event for the online le...
AvantCredit has big-picture plan to own alt-finance Most alternative finance companies seek to meet the needs of an underserved niche in the marketplace while a few have wider aims. Count AvantCredit among the latter. The Chicago-based company was recently ranked sixth on Forbes 100 Most Promising Companies list thanks to an impressive growth pace which sees it with more than $1 billion in funding, 550 employees, and $75 million in annual revenue in just over two years of operation. Investors love AvantCredit. Within its first sixth months of operation AvantCredit attracted $1 million in se...
3 incumbents lose their seats in Polk municipal elections Tuesday Three incumbents lost their seats in Tuesday's municipal election involving six cities in Polk. In Bartow, incumbent Commissioner James Clements was ousted in the election for at-large Seat 1, grabbing only 24.07% of the vote compared with 52.75% for the winner, Tanya Tucker. Sal Carter took 16.39% of the vote and Charlie Bittinger 6.8%. In Dundee, Commissioner Rukhsana Harper received 35.96% of the vote, losing to Mary Richardson with 64.04%. And in Lake Wales, incumbent Al Goldstein lost Seat 4 to challenger Kris Fitzgerald....