loan
Image source: Getty Images The type of loan Zuckerberg took out could cause financial problems for the average person. Key points Billionaire Mark Zuckerberg took out an adjustable-rate mortgage (ARM). He was offered a competitive rate and can easily handle any payment increase that occurs. ARMs are a dangerous type of loan for most buyers […]
* Digital lending apps mushroom in the East African nation * Scant regulation seen permitting data abuse, debt shaming * Government moves to regulate loan apps to curb data violations By Nita Bhalla and Dominic Kirui The 14 days given to John Bigingi to repay a loan of 8,200 Kenyan Shillings ($72) had barely lapsed […]
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