IEG Holdings Corporation dba Mr. Amazing Loans Signs Term Sheet for $100 Million Senior Debt Facility
Marketwire - Fri Sep 19, 9:20AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH), today announced it has signed a Term Sheet for a new $100M senior debt facility from a leading Connecticut based Investment Management group who specialize in private equity and credit investments. The executed Term Sheet is a strong sign of confidence in IEGH's business model and growth strategy.
Paul Mathieson, CEO of IEG Holdings Corporation dba Mr. Amazing Loans, Featured on MicroCap Review Magazine Cover
Marketwire - Wed Sep 03, 10:26AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH) announced that its CEO Paul Mathieson has been featured on the cover of the MicroCap Review Magazine with a four-page article in the Profiled Companies section on pages 8 through 11 of the issue. The digital version of the Summer/Fall 2014 issue of MicroCap Review Magazine, the Official Magazine for the MicroCap Stock Market, can be viewed at: www.MicroCapReview.com. Print copies are available upon request from MicroCap Review Magazine and also at over fifty global financial conferences annually.
IEG Holdings Corporation dba Mr. Amazing Loans Continues Rapid US State Expansion
Marketwire - Fri Aug 01, 7:49AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH) announced its short term pipeline of new state license applications has increased to 7 new states. The new state applications are for California, Texas, Pennsylvania, Ohio, Wisconsin, Alabama and Oregon. Upon approval of these licenses IEGH's US population coverage would increase from 8 states to 15 states and up 139% from the current 75 million to 179 million people.
IEG Holdings Corporation Announces the Dissemination of Growth Stock Report by DME Capital, LLC
Marketwire - Wed Jul 02, 7:01AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH) announced DME Capital, LLC has issued a Growth Stock Report on IEGH with a target price of $2.25 per share.
Paul Mathieson, IEG Holdings Corporation Chairman, Announces Mr. Amazing Loans' Monthly Loan Volumes Skyrocket up 1768%
Marketwire - Tue Jul 01, 7:19AM CDT
IEG Holdings Corp. (PINKSHEETS: IEGH), announced June loan volumes grew by 1768% to $747,001 compared to January's $40,000 and nearly doubled May's $410,001 monthly volume. Since launching online lending in July 2013, cumulative loan volume has increased by 773% from $237,000 to $2,068,002. The rapid loan volume growth is being driven by leading online lending website www.mramazingloans.com, new joint venture arrangements with low acquisition cost lead sources and aggressive state license expansion.
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.
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.