Phoenix Finance incurs Tk1,800cr loss since 2021

Phoenix Finance incurs Tk1,800cr loss since 2021

Phoenix Finance incurs Tk1,800cr loss since 2021

Phoenix Finance and Investments Ltd has incurred a staggering cumulative loss of Tk1,817 crore from 2021 to March 2025, primarily due to the fallout from major loan scams, according to company ...

READ MORE: The Business Standard


Ex-Phoenix news anchor stands trial on charges she led COVID kickback scheme

Prosecutors paint Stephanie Hockridge and Nathan Reis as masterminds who faked tax records and recruited others to apply for ...

Prosecutors paint Stephanie Hockridge and Nathan Reis as masterminds who faked tax records and recruited others to apply for ...

READ MORE: The Falcons Wire


What Happens to Student Loans if the Education Dept. Closes?

It lends tens of billions of dollars to students and parents each year and oversees the collection of roughly $1.6 trillion in outstanding loans for over 40 million borrowers. The debt-ridden ...

READ MORE: The New York Times


Phoenix Motor Announces $6 Million Loan Financing Agreement to Support Expansion and Production Growth

today announced it has secured a $6 million loan financing agreement with J.J. Astor & Co. The funding will support Phoenix Motor's expansion efforts, including increased operations and production ...

READ MORE: Yahoo Finance


Small Business Loans Could Be Easier To Get, Thanks To This Entrepreneur

Fountainhead has been winding down and Hurn has essentially moved his lending team and (after a competitive bidding process) all of its remaining $200 million SBA 7(a) loan portfolio to Phoenix ...

READ MORE: Forbes


Phoenix Aviation Capital and AIP Capital Announce $240 Million Term Loan

Dec. 9, 2024 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix ... today announced the closing of a $240 million term loan facility (the "facility"). The facility is intended to be used ...

READ MORE: Morningstar


Distress Test

Here's why one expert believes the "next 24-36 months will be difficult for developers, investors, lenders, brokers and contractors." Apartment investors and developers are laboring through a ...

READ MORE: The Business Journals


Phoenix deal offers ‘more than enough’ to cover student-loan risk, says U of I president

Just how much those paybacks could total, though, contingent on the U.S. Department of Education’s decision to forgive University of Phoenix student-loan debts – or for how many years – is ...

READ MORE: The Spokesman-Review


Biden Cancels $37M in Student Loan Debt for Phoenix University Borrowers

The Biden administration plans to cancel $37 million in student loan debt for about 1,200 students who enrolled at the University of Phoenix from Sept. 21, 2012 to Dec. 31, 2014 and applied for ...

READ MORE: Nasdaq


University of Phoenix student loan forgiveness: $37 million dismissed, who qualifies?

Former students at the University of Phoenix may be eligible for part of $37 million in student loan forgiveness. The debt cancellation covers more than 1,200 borrowers who were “deceived,” by ...

READ MORE: al.com


Multiple hikers rescued from Camelback Mountain

A woman is in critical condition after she and at least two other hikers suffered heat-related symptoms on Camelback Mountain ...

A woman is in critical condition after she and at least two other hikers suffered heat-related symptoms on Camelback Mountain ...

READ MORE: AZ Family


Suns Coaching Search Gets New Update

PHOENIX -- The Phoenix Suns have completed a handful of in-person interviews with potential coaching candidates this week, according to Arizona Sports' John Gambadoro. "The Phoenix Suns have ...

READ MORE: Sports Illustrated


St Helens woman who used another person's debit card in court

Clair Woodward, of Phoenix Brow, St Helens went before Liverpool, Knowsley and St Helens Magistrates' Court on Friday, May 16. The 38-year-old indicated guilty pleas to three counts of fraud by false ...

READ MORE: St Helens Star


Best Debit Cards for Kids and Teens: Greenlight, BusyKid and More

I wanted something that could grow with her beyond high school and through college, so we chose a teen debit card that could be useful to her beyond graduation. We wanted automatic deposit for her ...

READ MORE: Yahoo Finance


Cherokee Nation taking applications for Summer EBT

Qualifying families will receive $120 of food benefits per child issued on one benefit issuance on an EBT card, which works like a debit card. Participation in this program will have no impact on ...

READ MORE: Cherokee Phoenix


Fact Finders: Can stores add a surcharge when you use a debit card?

Fees for credit and debit cards are on the mind of our viewer, Shana, too. She wants to know if it is legal for businesses to charge you a fee for using your debit card in Missouri. Each time you ...

READ MORE: KY3


How banks can use debit card rewards to their advantage

Debit card rewards often play second fiddle to perks associated with their credit card cousins. But astute banks are fine-tuning their approach. Debit cards are a popular way to pay. Consumers between ...

READ MORE: American Banker


Best debit cards for kids of February 2025

Bank accounts aren't usually described as "scary," but tell a parent that their kid has a debit card granting them unfettered access to the family funds and watch ...

READ MORE: CNBC


University of Phoenix and Goalsetter Continue Financial Wellness Webinar Series with Practical Tips to Help Manage Money

PHOENIX--(BUSINESS WIRE)--University of Phoenix ... the "Learn before you Burn" parental control feature on the debit card and the "Learn to Earn" financial reward program; as well as the latest ...

READ MORE: Business Wire


What are crypto debit cards: How they work and where to use them

But crypto debit cards have bridged the gap between crypto and traditional finance (to an extent), allowing you to spend your cryptocurrencies at millions of merchants worldwide. These cards ...

READ MORE: CoinTelegraph


A debit card for a 9-year-old? Some Singaporeans say yes

SINGAPORE - When her eldest child turned 10, Ms Jeaneve Wee started lending him her debit card whenever he went out for meals with friends. Her son, 11-year-old Jayden Hor, likes burgers at ...

READ MORE: The Straits Times