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NBFC Registration process is registering a company under the Companies Act, 1956 or Companies Act, 2013. The core business of NBFCs is to provide loans and advances, investment in shares, debentures, personal loans, working capital loans, leasing, hire-purchase, and other stocks issued by the Government or local authorities. Source by nbfcregister

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A Del-credere agent (DCA) is a sales agent who acts a mediator between principal and third party for supply of goods or services in lieu of commission. The very purpose of selecting the service of DCA by the principal is to ensure the payments from the purchaser. They contact with the potential buyers and arrange a deal between the principal and buyer for commission. The factor that separates a DCA from other agents is that the DCA makes a guarantee to the principal that if the buyer fails to pay the due amount then he (DCA) will compensate to the principal. In such a situation A DCA acts as a salesperson and also as an insurance agent at the same time. When the buyer fails to pay to the principal on due date The DCA makes payment to the principal and for this reason the commission of a DCA is higher than the other agents. In order to ensure timely payment to the supplier the DCA can resort to various methods including Ø Providing short-term transaction-based loans to the buyer to pa

A Del-credere agent (DCA) is a sales agent who acts a mediator between principal and third party for supply of goods or services in lieu of commission. The very purpose of selecting the service of DCA by the principal is to ensure the payments from the purchaser. They contact with the potential buyers and arrange a deal between the principal and buyer for commission. The factor that separates a DCA from other agents is that the DCA makes a guarantee to the principal that if the buyer fails to pay the due amount then he (DCA) will compensate to the principal. In such a situation A DCA acts as a salesperson and also as an insurance agent at the same time. When the buyer fails to pay to the principal on due date The DCA makes payment to the principal and for this reason the commission of a DCA is higher than the other agents. In order to ensure timely payment to the supplier the DCA can resort to various methods including Ø Providing short-term transaction-based loans to the buyer to pa

Wynette Pleas of Oakland, Calif., ended up with hundreds of dollars in overdraft fees after a payday lender repeatedly tried to collect from her account. Maranda Brooks stands in January outside a payday loans business that she used to frequent. Troubled by consumer complaints and loopholes in state laws, federal regulators are proposing expansive, first-ever rules on payday lenders, aimed at helping cash-strapped borrowers from falling into a cycle of debt. Source by emillanoah

Reports: Arsenal and Tottenham Hotspur eye move for Barcelona star Unai Emery (L) and Mauricio Pochettino (R) are both keen on signing the Barcelona star. Whats the rumour? Over the past couple of seasons Malcom rose to prominence as a result of his performances with Ligue 1 side Bordeaux. Subsequently he was linked with a move to Serie A giants Roma earlier this summer. However Barcelona pulled off a stunning coup to sign the Brazilian as he was on the verge of joining Roma. Eventually in July earlier this year Malcom signed for Barcelona for a reported fee of 41 million. Now reports fromThe Sunclaim that the Brazilian has failed to establish himself in Barcelonas starting 11 and could well be on his way out soon with Premier League sides Arsenal and Tottenham Hotspur believed to be interested in him. In case you didnt know Malcom had caught the eye of several clubs across the world before Barcelona signed him. Aged just 21 he is touted to become one of the best players in the world

NBFCs liquidity crunch to hit home loan sales says Nomura report Banks can cannibalise a part of this leading to an uptick in their market shares it said but adding this will come at a higher cost for borrowers. The ongoing liquidity squeeze will slow down non-banks home loan disbursements a report has said. Home prices which have witnessed a relative slowdown in growth will continue to be under pressure Japanese brokerage Nomura has said. Housing loan disbursement by shadow banking companies is set to slow down due to the ongoing liquidity squeeze it said. Banks can cannibalise a part of this leading to an uptick in their market shares it said but adding this will come at a higher cost for borrowers. It said real estate developers which are already under pressure due to rising inventories will also face troubles owing to non banks inability to lend. It can be noted that non bank lenders are facing a liquidity squeeze due to potential asset liability mismatches in a rising interest r

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A payday loan is a kind of short-term credit which is set to your bank account when you are low on cash. It is normally pay back to the lender when you get your payday, hence named as PAYDAY LOANS. These loans are also widely known as short term loans, cash loans or bad credit loans. Source by AUInstallment

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Updated January 13, 2019 16:13:54 Six maxed-out credit cards have proved to be no barrier for one man who accessed thousands in payday loans, a Senate inquiry has been told in newly-released documents. Key points: ASIC defines a payday loan as a high-cost, short-term loan The Senate… Source by NewsBroadcastNetwork

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Everton make progress on potential Idrissa Gueye replacement Will Gueye leave Everton this month? Everton have reportedly made good progress on signing a La Liga central midfielder who could replace Idrissa Gueye after links with PSG. The Senegalese midfielder has been linked with a move to Paris for a number of weeks now. After leaving Aston Villa to join Everton following the formers relegation Gueye has become of the best tacklers in the Premier League. He can single-handedly lock down the midfield and never gives the opposition a second to breathe. Those qualities have lead to suggestions Gueye could leave to join Paris Saint-Germain. The French club are on the lookout for a new central midfielder with Adrien Rabiot set to leave the club There have even been suggestions that PSG have already agreed personal terms with Gueye over a potential move. Now Everton have reportedly made their move for one player who could turn out to be Gueye replacement. LIVERPOOL ENGLAND SEPTEMBER 29:

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