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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

The Department of Justice (DOJ) recently charged two businessmen in Rhode Island with fraudulently seeking PPP loans, the first in the country linked to the loan program. In the case of the two men in Rhode Island, there were several red flags pointing to fraud. Lending & Credit Risk. Member Business Lending.

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Pawtucket Credit Union finds new leadership close to home

American Banker

The Rhode Island institution's next CEO has led lending operations at nearby Navigant Credit Union since 2017. ]].

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The United States Of Fintech: The Most Well-Funded Fintech Startup In Each State

CB Insights

Across the US, well-funded companies are rethinking how the financial system operates. California-based lending unicorn SoFi is the most well funded fintech company with just over $2B raised since 2011. Rhode Island. Click on the image below to enlarge. The company was last valued at $4.5B North Carolina. AvidXchange.

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Opploans Personal Loans Review: For Borrowers With Bad or No Credit

MyBankTracker

APRs are lower than predatory lending options. If you’re considering applying for a personal loan, this review will cover everything you need to know about Opploans. Designed for borrowers with bad or no credit. On-time payments can help build credit. APR is still extremely high compared to typical personal loans. Borrowing Amounts.

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House Hearing Signals Fireworks On Big Tech Antitrust Issues

PYMNTS

David Cicilline of Rhode Island, who serves as subcommittee chairman. Operators of digital platforms, according to other recommendations, would also be required to adhere to codes of conduct, and to make pricing a bit more transparent. In some sectors, the balance of these is more ambiguous.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. and a dearth of people with technical, operational experience running energy facilities. The lack of people with real operational experience “hurt KiOR a lot,” says O’Connor.

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