Remove tag borrowing rates
article thumbnail

Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

PYMNTS

Much has been made of the fact that the credit card has no fees and a relatively low interest rate, which in turn may pressure results. Nomura estimates a price tag of $350 per consumer in terms of acquisition costs, which means breakeven is several years away.

article thumbnail

LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions

PYMNTS

On the lower end, a four-year education with in-state rates at a state school will run the average student around $60,000 in costs by the end. At the upper edge of the spectrum, students can be looking at a ~$330,000 total price tag for an education at an elite private college. There are currently 13,000 community banks in the U.S.,

Banking 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Transcript: John Hope Bryant

Barry Ritholtz

And how is it that you, what’s this car that’s in the parking lot, it’s got plates on it and a tag and it’s brand new. Because then I knew what the wholesale rate was and the retail rate. You have a high school graduation rate of over 90%. That allowed me to sell my business at a prime rate.

article thumbnail

Transcript: Robert Koenigsberger

Barry Ritholtz

He lent it, he borrowed it, he defaulted on it, and he had this great boutique out in California. Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. I remember when I left Merrill Lynch, so Fed started raising rates in ’94. KOENIGSBERGER: That’s right.

article thumbnail

Transcript: Gary Cohn

Barry Ritholtz

It also brought in, you know, interest rates and interest rates expect, because the forward curve is a function of interest rates [ Gary Cohn ] 00:10:52. And, and what was the change in tax rates? One was the shifting of the rates and the other was the L L C pass throughs, which really was a huge structural change.

Marketing 108
article thumbnail

Transcript: Dave Nadig

Barry Ritholtz

And we literally talk about during the show, I got a tag to present to the SEC, about their new single stock product. And certainly, we could have a whole conversation about, you know, okay, well, this combination of interest rates and inflation and expected returns on equities is different, and so maybe we need to adjust. NADIG: Yeah.

Finance 108