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Payday loan providers are making bank on brand brand brand new, high-interest items

Payday loan providers are making bank on brand brand brand new, high-interest items Payday financing stocks are beating documents. Mostly simply because they’re no longer payday lenders. Enova Overseas has a lot more than doubled to date this current year, the performer that is best into the Russell 2000 customer Lending Index, followed closely by competing Curo Group, up 64%.…

Collapsed Blue Sky faces $ demand that is 100m loan providers

Collapsed Blue Sky faces $ demand that is 100m loan providers By Sarah Danckert Financiers to one-time market darling Blue Sky Alternative Investments could look for a $100 million “make whole” re re payment prior to the team is restructured and resurrected. US hedge investment Oaktree Capital Management on Monday called in receivers to Blue Sky, which manages $2.8 billion…