Butterfield Bank’s increased interest rates on loans by half a percentage point comes with a warning that more increases are likely to come soon.
The bank absor...
Butterfield Bank’s increased interest rates on loans by half...
More than a month into the new year, Bermuda’s financial institutions are still considering what to do about replacing Libor, a major component scheduled for re...
More than a month into the new year, Bermuda’s financial ins...
Desperation could lead people to get in over their heads with fast-cash lenders, an MP has warned.
Leah Scott, the deputy Opposition leader, said that people wh...
Desperation could lead people to get in over their heads wit...
Court summons were issued for 26 people on a single day after they racked up thousands of dollars worth of debts to an unlicensed fast-cash lender.
Lawyers for ...
Court summons were issued for 26 people on a single day afte...
Bermuda dollar loans lent out by banks have hit a seven-year low, according to figures from the Island’s financial regulator.
The Bermuda Monetary Authority’s l...
Bermuda dollar loans lent out by banks have hit a seven-year...
A Bermuda firm is to offer payday loans.
Gold Standard — which already buys unwanted jewellery and offers secured loans — said the move was in response to custo...
A Bermuda firm is to offer payday loans.
Gold Standard — whi...
Home owners who live in listed buildings are being encouraged to take advantage of interest-free loans for renovations and repairs.
Up to $100,000 per property...
Home owners who live in listed buildings are being encourage...
