$IEGH 7.25x7.50 "IEG Holdings has developed a unique state-licensed online platform to provide loans for any purpose to consumers with competitive prices within the prevailing statutory rates," said Matthew Hayden, Chairman of MZ Group North America. "Loans are currently available to residents of Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Missouri, Nevada, New Jersey, New Mexico, Oregon, Pennsylvania, Texas, Utah and Virginia. The Company plans to increase population coverage to 25 states encompassing approximately 75% of U.S. market by obtaining 8 additional online state licenses by early 2016, including New York and Ohio. IEG's attractive alternative to credit card debt that does not affect credit scores when applying, along with the Company's low cost operating model, is positioning IEG for strong growth. We look forward to helping IEG with all aspects of their corporate communications and investor relations needs."
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
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