‘I’m naturally skeptical’: I receive 10 calls a day offering me $15,000 loans at 8% interest. Is this a scam?
“They insist that the details will be provided after they have carried out a soft credit check.” Source:MarketWatch
Metaplanet to issue $329M convertible bonds to pay debt, fund share buybacks
Metaplanet plans to issue zerointerest bonds with a fiveyear maturity to improve its debt structure and cut its reliance on Bitcoincollateralized loans without…
South Korea just got its first traditional bank loans backed by bitcoin
Loans use thirdparty custodians for bitcoin holdings and rely on courtordered sales if borrowers default. Source:CoinDesk
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoinbacked loans to corporate customers, with a thirdparty custodian holding the cryptocurrency used as collateral.…
Go ahead and get that poetry degree. Republican law won’t prevent people with humanities majors from getting student loans.
The vast majority of bachelor’s and graduate degree programs pass new rules meant to hold colleges accountable Source:MarketWatch
The government can take 15% of Social Security benefits to repay student loans. These proposals seek to stop it.
Debt among older Americans is rising, both in terms of the number of older households carrying debt and the amount borrowed. Source:MarketWatch
How much higher can bond yields rise — and what does it mean for stocks?
Also in Weekend Reads: Adjustablerate mortgage loans, Gen Z entrepreneurs and advice from the Moneyist. Source:MarketWatch
The government canceled her student loans due to a scam — but $72,000 is still on her credit report
The government continues to report to credit bureaus $4.6 billion in student debt owed by some 300,000 borrowers that should have been canceled, a lawsuit…
Indian agri warehouse giant is putting $2 billion in grain-backed loans onchain
Arya.ag is using Avalanche technology to tokenize grain deposits to help lenders verify crops backing agricultural loans. Source:CoinDesk
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Source:Cointelegraph
Pineapple Financial puts $1B in mortgage records on Injective
The mortgage lender plans to bring more than $10 billion in historical loans onchain, turning thousands of mortgage files into blockchainbased records.…
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure. Source:Cointelegraph