Latest Ieg Holdings Corp (IEGH) Headlines
IEG Holdings DBA Mr. Amazing Loans Expands Online and Throughout U.S.
ACCESSWIRE - Wed Jan 08, 8:15AM CST
Consumer debt in the U.S. reached nearly $3.1 trillion as of October 2013, according to CreditCards.com, with the average U.S. citizen holding $4,878 in credit card debt. Personal loans have become an attractive alternative to credit cards with interest rates often lower than the average APR charged by credit cards and more transparent amortization schedules. In this article, we'll take a look at how IEG Holdings Inc. (OTC Pink: IEGH) aims to capitalize on these trends with its recent expansion.
IEG Holdings Corp. dba Mr. Amazing Loans Secures $5 Million Equity Line From DME Capital, LLC
Marketwire - Mon Dec 23, 7:01AM CST
IEG Holdings Corp (OTC PINK: IEGH), a provider of $2,000 to $10,000 online personal loans to consumers, announced that it has entered into a $5 million common stock purchase agreement with DME Capital LLC, a leading institutional investor. The Company has agreed to file a registration statement with the U.S. Securities & Exchange Commission ("SEC") covering the shares that may be issued to DME Capital under the terms of the common stock purchase agreement.
IEG Holdings dba Mr. Amazing Loans Announces Launch of New Online Lending Website and Further USA Expansion
Marketwire - Thu Dec 19, 7:02AM CST
IEG Holdings Corp. (PINKSHEETS: IEGH), unveiled its new customer facing lending website for Mr. Amazing Loans. The site, http://www.mramazingloans.com incorporates numerous features to facilitate ease of browsing and finding information about Mr. Amazing Loans and its loan products. The new website also features an estimated payment calculator and an interactive application that is mobile friendly. These features result in an easy online application process as well as creating a user-friendly experience for the Company's current and future customers.
IEG Holdings Corporation Aims to Shift Consumer Finance Industry Landscape
ACCESSWIRE - Fri Nov 22, 8:56AM CST
More than a third of North America's banking services are predicted to go digital by the end of this decade, and online lenders are at the forefront of this movement. They are taking advantage of today's low interest rates and the cost savings that come from operating without a physical presence. However, earning market share against traditional brick-and-mortar lenders isn't an easy thing to do - online lenders must ensure that their virtual environments offer the full set of services borrowers expect from old-guard lenders. Moreover, they must do so with an interface that is easy-to-use, completely secure and fully professional in appearance as well as functionality. The upside for those lenders who are up to the challenge - and the investors who support them along the way - is the potential to earn considerable market share in a $45 billion dollar industry. It may be difficult to identify those providers with the greatest likelihood to make the most of the ongoing shift to increased online commerce, but some standouts include industry pioneers like IEG Holdings Corp. (OTC Pink: IEGH) and recently launched providers like LendUp.
IEG Holdings Corporation dba Mr. Amazing Loans Obtains $10 Million Senior Debt Facility
Marketwire - Wed Nov 13, 7:31AM CST
IEG Holdings Corp. (PINKSHEETS: IEGH) today announced a new $10m senior debt facility from current lender Boston Finance Group. This $10m facility replaces the $3m facility the Company had in place since June 2012 and is a sign of confidence in IEGH's business model and growth strategy.
IEGH Increases Transparency with New Website and Filings
ACCESSWIRE - Mon Nov 11, 11:26AM CST
IEG Holdings Corp. (OTC Pink: IEGH) has made a lot of progress over the past few weeks increasing transparency for both investors and customers. On October 31st, management launched InvestmentEvolution.com to showcase its services, while also updating its financial disclosures on OTC Markets to remove the stop sign designation. In this article, we'll take a closer look at these developments and the company's direction moving forward.
IEG Holdings Announces Launch of New Corporate Website
Marketwire - Thu Oct 31, 10:20AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH) unveiled its new website. The site, http://www.investmentevolution.com, incorporates numerous features to make browsing a more streamlined and informative experience for the Company's current and potential customers and investors.
Mr. Amazing Loans Unique Business Model Successful for IEG Holdings Corporation
ACCESSWIRE - Tue Aug 27, 9:00AM CDT
With the housing market, the job market and the economy as a whole rebounding, consumer confidence is higher than it has been in years - and all that confidence is driving an increased demand for personal small loans. Consumers looking to buy new furniture, upgrade home electronics or splurge on a last minute summer getaway have more lending options available to them now than they've had in many years. Among those vying for their cash are payday lenders and cash advance companies like Cash America International, Inc. (NYSE: CSH) and DFC Global Corp. (NASDAQ: DLLR). These businesses are popular with borrowers because they provide easy access to cash, but convenience has its price - usually in the form of triple digit interest rates. Similar to these are tribal lenders - companies such as AmeriLoan, Mobiloans, Western Sky Loans and Splash Cash Advance - that are associated with Native American tribes. They operate much like payday lenders, but their tribal sovereign immunity means that they are often free to operate outside of state and federal restrictions. As a result, tribal loans sometimes carry interest rates 10 times higher than those of their non-tribal rivals.
IEG Holdings Building Momentum with Mr. Amazing Loans Brand to Bridge Gap in U.S. Consumer Loan Market
ACCESSWIRE - Tue Jul 23, 8:45AM CDT
Medical emergencies, car accidents and appliance breakdowns happen on a daily basis in communities throughout the United States. Unfortunately, saving for these unexpected hardships does not. With two-thirds of Americans living paycheck to paycheck according to the American Payroll Association, this underbanked segment of the population is quick to seek out an immediate and convenient form of small, unsecured consumer loans when faced with economic misfortunes or unforeseen retail needs.
IEG Holdings DBA Mr. Amazing Loans Expands Online and Throughout U.S.
ACCESSWIRE - Wed Jan 08, 8:15AM CST
Consumer debt in the U.S. reached nearly $3.1 trillion as of October 2013, according to CreditCards.com, with the average U.S. citizen holding $4,878 in credit card debt. Personal loans have become an attractive alternative to credit cards with interest rates often lower than the average APR charged by credit cards and more transparent amortization schedules. In this article, we'll take a look at how IEG Holdings Inc. (OTC Pink: IEGH) aims to capitalize on these trends with its recent expansion.
IEG Holdings Corp. dba Mr. Amazing Loans Secures $5 Million Equity Line From DME Capital, LLC
Marketwire - Mon Dec 23, 7:01AM CST
IEG Holdings Corp (OTC PINK: IEGH), a provider of $2,000 to $10,000 online personal loans to consumers, announced that it has entered into a $5 million common stock purchase agreement with DME Capital LLC, a leading institutional investor. The Company has agreed to file a registration statement with the U.S. Securities & Exchange Commission ("SEC") covering the shares that may be issued to DME Capital under the terms of the common stock purchase agreement.
IEG Holdings dba Mr. Amazing Loans Announces Launch of New Online Lending Website and Further USA Expansion
Marketwire - Thu Dec 19, 7:02AM CST
IEG Holdings Corp. (PINKSHEETS: IEGH), unveiled its new customer facing lending website for Mr. Amazing Loans. The site, http://www.mramazingloans.com incorporates numerous features to facilitate ease of browsing and finding information about Mr. Amazing Loans and its loan products. The new website also features an estimated payment calculator and an interactive application that is mobile friendly. These features result in an easy online application process as well as creating a user-friendly experience for the Company's current and future customers.
IEG Holdings Corporation Aims to Shift Consumer Finance Industry Landscape
ACCESSWIRE - Fri Nov 22, 8:56AM CST
More than a third of North America's banking services are predicted to go digital by the end of this decade, and online lenders are at the forefront of this movement. They are taking advantage of today's low interest rates and the cost savings that come from operating without a physical presence. However, earning market share against traditional brick-and-mortar lenders isn't an easy thing to do - online lenders must ensure that their virtual environments offer the full set of services borrowers expect from old-guard lenders. Moreover, they must do so with an interface that is easy-to-use, completely secure and fully professional in appearance as well as functionality. The upside for those lenders who are up to the challenge - and the investors who support them along the way - is the potential to earn considerable market share in a $45 billion dollar industry. It may be difficult to identify those providers with the greatest likelihood to make the most of the ongoing shift to increased online commerce, but some standouts include industry pioneers like IEG Holdings Corp. (OTC Pink: IEGH) and recently launched providers like LendUp.
IEG Holdings Corporation dba Mr. Amazing Loans Obtains $10 Million Senior Debt Facility
Marketwire - Wed Nov 13, 7:31AM CST
IEG Holdings Corp. (PINKSHEETS: IEGH) today announced a new $10m senior debt facility from current lender Boston Finance Group. This $10m facility replaces the $3m facility the Company had in place since June 2012 and is a sign of confidence in IEGH's business model and growth strategy.
IEGH Increases Transparency with New Website and Filings
ACCESSWIRE - Mon Nov 11, 11:26AM CST
IEG Holdings Corp. (OTC Pink: IEGH) has made a lot of progress over the past few weeks increasing transparency for both investors and customers. On October 31st, management launched InvestmentEvolution.com to showcase its services, while also updating its financial disclosures on OTC Markets to remove the stop sign designation. In this article, we'll take a closer look at these developments and the company's direction moving forward.
IEG Holdings Announces Launch of New Corporate Website
Marketwire - Thu Oct 31, 10:20AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH) unveiled its new website. The site, http://www.investmentevolution.com, incorporates numerous features to make browsing a more streamlined and informative experience for the Company's current and potential customers and investors.
Mr. Amazing Loans Unique Business Model Successful for IEG Holdings Corporation
ACCESSWIRE - Tue Aug 27, 9:00AM CDT
With the housing market, the job market and the economy as a whole rebounding, consumer confidence is higher than it has been in years - and all that confidence is driving an increased demand for personal small loans. Consumers looking to buy new furniture, upgrade home electronics or splurge on a last minute summer getaway have more lending options available to them now than they've had in many years. Among those vying for their cash are payday lenders and cash advance companies like Cash America International, Inc. (NYSE: CSH) and DFC Global Corp. (NASDAQ: DLLR). These businesses are popular with borrowers because they provide easy access to cash, but convenience has its price - usually in the form of triple digit interest rates. Similar to these are tribal lenders - companies such as AmeriLoan, Mobiloans, Western Sky Loans and Splash Cash Advance - that are associated with Native American tribes. They operate much like payday lenders, but their tribal sovereign immunity means that they are often free to operate outside of state and federal restrictions. As a result, tribal loans sometimes carry interest rates 10 times higher than those of their non-tribal rivals.
IEG Holdings Building Momentum with Mr. Amazing Loans Brand to Bridge Gap in U.S. Consumer Loan Market
ACCESSWIRE - Tue Jul 23, 8:45AM CDT
Medical emergencies, car accidents and appliance breakdowns happen on a daily basis in communities throughout the United States. Unfortunately, saving for these unexpected hardships does not. With two-thirds of Americans living paycheck to paycheck according to the American Payroll Association, this underbanked segment of the population is quick to seek out an immediate and convenient form of small, unsecured consumer loans when faced with economic misfortunes or unforeseen retail needs.
