Tag: repay

30 JAN

After $200,000 was raised for the Fyre Festival caterer who never got paid, a new GoFundMe is trying to repay the construction workers who were stiffed

Netflix In Netflix’s new documentary about Fyre Festival, it was revealed that the festival creators never paid a significant number of workers.  First a GoFundMe page raised over $ 200,000 for caterer Maryann Rolle. Now another page is trying to crowd source $ 400,000 for the local day laborers who worked overtime to build out […]

08 DEC

Hard-up firms in China use cashmere and pork to repay loans

LI XINTONG DID not want one overpriced cashmere sweater, let alone a hundred. But when his loan to Jicai came due, the investment firm offered to repay him not in cash, but in sweaters. The value of 100 cashmere pullovers, it said, equalled his 150,000 yuan ($ 22,000) loan, and was thus fair compensation. Mr […]

07 SEP

MORTGAGE NEWS: New plans could see retired homeowners take out loans to repay after death

Proposals being considered by the Financial Conduct Authority would allow retired homeowners to take out loans that are repaid after death. Currently banks are forbidden to lend where borrowers do not have a clear means of repaying their capital. This can force some owners – who would be capable of affording “interest only” mortgage repayments […]

15 FEB

Hunt primed to repay Reds’ $1m investment

Video Image Slipper full of high hopes2:10 Super Rugby: Reds captain James Slipper believes the Queensland based franchise can make a return to the finals on the back of a healthy recruitment drive. February 13th 2017 2 days ago /video/video.news.com.au/Sport/Rugby Union/Super 15/ Karmichael Hunt breaks through the Rebels’ defence. Picture: Darren England By Jim Tucker […]