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April

6
2023
Trends

Auto loan rates continue to climb, causing more drivers to fall behind on payments

The average American pays north of $700 a month for their new car, an amount that continues to climb as interest rates on auto loans skyrocket.

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April

6
2023
Strategy

How a tax extension can delay a business loan application

About 19 million individuals and businesses filed for an extension on their tax returns last year, many due to unexpected circumstances such as IRS backlog delays. No matter the reason, filing for an extension only gives you more time to file, not to pay, which can put you at risk of overpayment, or hefty late payment fees if you underpay based on your estimation.

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April

6
2023
Trends

Fintech and Small Business Lending: Opportunities and Challenges for SMEs

Small and medium-sized businesses (SMEs) are critical drivers of economic growth and employment creation. Access to finance, however, remains a significant challenge for many SMEs, especially in developing nations.

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April

6
2023
Industry News

OCC Hosts Minority Depository Institutions Advisory Committee Meeting April 25 and Appoints Four New Members

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced it will host a meeting of the Minority Depository Institutions Advisory Committee (MDIAC) and the appointment of four new MDIAC members.

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April

6
2023
Trends

Mortgage rates fall again, but other obstacles remain for homebuyers

Mortgage rates dropped for the fourth straight week, relieving homebuyers a bit more. But bigger declines may be needed to offset other challenges buyers face this spring season.

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