Jump Start Finance’s KidVantage Loan results in lower monthly payments and more childcare options for families. “It’s clear that, more than ever, parents need help paying for child care costs,” said Sara Mauskopf, CEO and co-founder of Winnie, the popular website and app that provides users with detailed information on local daycare centers and preschools. …

WASHINGTON – Treasury Secretary Steven Mnuchin is defending his decision to shut down a number of Federal Reserve emergency loan programs at a time when coronavirus cases are on the rise. Democrats weren’t convinced, however, saying Mnuchin’s actions were politically motivated and aimed at removing tools the Biden administration could use to support the economy. …

Secured Loan Bonds (CLOs), which bundle and sell corporate debt to investors, are increasingly seen as a major threat to the U.S. financial system. However, such concerns “are misplaced, driven by a misunderstanding of CLOs and their role in the banking system,” Wharton finance professors Michael R. Roberts and Michael Schwert write in this opinion …

Jasmine Johnae Cifton was indicted by a grand jury on two counts of fraud after prosecutors said she made personal purchases with a $ 150,000 relief loan. CHARLOTTE, North Carolina – A Charlotte woman is accused of lying to get a COVID-19 relief loan of nearly $ 150,000 which she then spent on a shopping …

If you have credit card debt, you know how frustrating it can be to try to balance multiple credit card payments each month. Will you be able to make more than the minimum payment on each card? How much more? Should you focus on paying off the card with the higher balance or the card …

VIRGINIA BEACH, Virginia – Federal prosecutors allege that a Virginia Beach woman and man set up a scheme to defraud customers for several years and then recently filed for unemployment benefits. Federal authorities intervened and made arrests. They said this ran from August 2012 to February 2018 and that Ronald Smith and Terri Miller owned …

Vlad Doronin, Len Blavatnik and 3425 Collins Avenue (Credit: Google Maps, Gesi Schilling and Mark Neyman / GPO) Billionaire Len Blavatnik’s Access Industries has secured a loan for the first Aman brand development in South Florida. The developer, 3425 Collins LLC, has secured $ 34.8 million in financing from OZK Bank for the site of …

From left to right: Jeff Ardizon, Robert Suris, Tony Castro and Dev Motwani, with a rendering of the project UPDATE, September 4, 11:40 a.m .: Merrimac Ventures brought in another developer, who secured a $ 4.7 million loan, with the intention of bringing an eight-story mixed-use multi-family project to Dania Beach. Fort Lauderdale-based Merrimac is …

During the lockdown, the RBI announced a ready moratorium. This was essentially extended until the end of September. But while the jury is still out on (literally) whether there will be interest on deferred IMEs and whether there will be a further extension, we’ve spoken to experts about whether you should go for a moratorium. …

Render of 57 Ocean and Marcelo Kingston (Photo credit: DBOX) Multiplan Real Estate Asset Management has entered into a $ 58.5 million construction loan for 57 Ocean, a luxury condo project in Miami Beach. The promoter, led by Brazilian billionaire José Isaac Peres, secured the loan from OZK Bank. The Little Rock, Arkansas-based bank is …