Category Archives: IEG Holdings Corp. IEGH

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Employs Creative Approach in the Consumer Lending Market

March 27, 2018

Las Vegas-based consumer loan provider IEG Holdings (OTCQB: IEGH) targets the near prime loan market with unsecured $5,000 and $10,000 loans. An article further discussing the company’s offerings reads: “Most view the personal loan industry as a humdrum, by-the-numbers business with steady, predictable upside. IEG Holdings Corp. (OTCQB: IEGH) is disrupting that perception and is fast-becoming an online force in the fintech consumer loan industry. The company is not only challenging traditional brick-and-mortar consumer lending markets; it is also opening creative, cutting-edge avenues of opportunity with its plan to offer loans and accept loan repayments in its own IEG Holdings cryptocurrency.”

To view the full article, visit http://ibn.fm/cV9Gw

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About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. For more information about IEG Holdings, visit www.InvestmentEvolution.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

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IEG Holdings Corp. (IEGH) Offers 1:1 Investment Evolution Coin Ltd. Share Entitlement to Shareholders

March 20, 2018

  • IEG Holdings’ shareholders will be provided with the opportunity to obtain shares in Investment Evolution Coin Ltd., which is pursuing cryptocurrency projects
  • Arrangement allows shareholders unique opportunity to remain involved in the crypto industry with lower regulatory risk, but investors must be an IEGH shareholder before the end of April to be eligible for one Investment Evolution Coin Ltd. share for every one IEGH share held
  • Investment Evolution Coin Ltd. has entered a partnership with a reputable consultancy company for the purpose of launching its cryptocurrency, which will facilitate financial transfers from abroad to the Philippines

IEG Holdings Corp. (OTCQB: IEGH) announced that the company will refrain from directly pursuing cryptocurrency-related projects for the time being. However, shareholders on the measure date (April 30, 2018) will retain the upside in the cryptocurrency field through the launch of a new cryptocurrency by Investment Evolution Coin Ltd. (“IEC”), a company that’s managed by IEG Holdings CEO Paul Mathieson. According to a company press release (http://ibn.fm/6HiEh), IEG Holdings’ shareholders will be provided with an opportunity to receive IEC shares, allowing them to remain involved in the crypto industry with lower risks.

Based on Mathieson’s announcement, all IEGH shareholders will be provided with the opportunity to receive shares in IEC that are equivalent to the number and percentage of IEG Holdings common stock in possession of the respective shareholder. The offer will be valid for shareholders on record as of 5 p.m. EDT on April 30, 2018.

As of March 19, 2018, there are over 17.46 million outstanding IEG Holdings shares. The paid up IEC capital is represented by the same number of ordinary shares.

Investment Evolution Coin Ltd. is a Singapore-incorporated public unlisted company. Currently, it is exploring the launch of a new cryptocurrency called Investment Evolution Coin. According to official information, the launch date for Investment Evolution Coin is currently set for May 2018. Initially, the cryptocurrency will aim to simplify financial transfers to the Philippines from nationals who work in other countries, such as Australia, New Zealand, the United States and Singapore. To ensure the success of the venture, IEC has entered a partnership with HashCash Consultants, a cryptocurrency consultancy company based in the Silicon Valley, California.

IEG Holdings Corporation currently provides unsecured consumer loans ranging from $5,000 to $10,000. The operations occur under the brand name ‘Mr. Amazing Loans’. An online application portal was developed for the brand, allowing for completion of the entire loan application process in the digital realm.

In February 2018, IEG Holdings announced a partnership with Intellectsoft – a prominent blockchain consultancy company. The plan focused on the creation of an IEG Holdings’ cryptocurrency for the offering of loans and the easier acceptance of repayments. However, the company last week announced that, upon further investigation and risk analysis, a cryptocurrency offering will not be pursued at the current time. However, IEG Holdings is set to continue monitoring the development of blockchain technology, possibly considering cryptocurrency ventures in the future.

Borrowing and lending with cryptocurrency (http://ibn.fm/OCs2v) is a concept that has been around for some time. While the range of applications is still limited, the market is potentially huge. Another potential application is using cryptocurrency as a form of collateral (http://ibn.fm/gh1yz) to obtain a loan – a possibility that’s still in its early stages of development.

According to Mathieson, the combination of blockchain technology and a powerful online loan provision system is an exciting proposition that will enable IEG Holdings to eventually become a key player in the blockchain sector.

For more information, visit the company’s website at www.InvestmentEvolution.com

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QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Offers Shareholders a Chance to Secure Shares in Investment Evolution Coin, Ltd.

March 19, 2018

Shareholders of IEG Holdings Corp. (OTCQB: IEGH) were recently provided with the opportunity to obtain shares in Investment Evolution Coin, Ltd (“IEC Ltd.”), which is pursuing cryptocurrency projects. The IEG Holdings shareholders will be entitled to receive the same number of shares in IEC Ltd. as the number and percentage of IEG Holdings common stock in possession of the respective shareholder. The offer will be effective for shareholders on record as of 5pm EDT on April 30, 2018. Per a news release issued today, IEC Ltd. has entered a partnership with California-based blockchain company, HashCash Consultants. HashCash works with corporations to set up blockchain networks and to tokenize their products and services around the world. IEC Ltd. anticipates the launch of a new cryptocurrency in May 2018 to be called Investment Evolution Coin, which is intended originally to facilitate the payment of remittances to the Philippines by Filipino Overseas Foreign Workers located in Singapore, USA and Australia.

To view the full press release, visit http://ibn.fm/Z7pEZ

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About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. For more information about IEG Holdings, visit www.InvestmentEvolution.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Stops Pursuit of Cryptocurrency Ventures; CEO Offers Shareholders an Opportunity to Receive Investment Evolution Coin Ltd. Shares

March 14, 2018

IEG Holdings (OTCQB: IEGH) this morning said that after considering the potential risks and benefits, it will not pursue a cryptocurrency offering or any other cryptocurrency-related ventures at this time. However, the company intends to keep an eye on the developing regulations and may consider cryptocurrency opportunities in the future. In addition, IEG Holdings will continue to explore the potential application of blockchain technology to its core consumer lending business. The company’s chairman, chief executive officer, sole director and largest shareholder Paul Mathieson wholly-owns Investment Evolution Coin Ltd. (“IEC Ltd.”). IEC Ltd. is exploring the launch of a new cryptocurrency in Singapore and select other jurisdictions to be called Investment Evolution Coin (“IEC”). The IEC cryptocurrency targeted launch date is May 2018, subject to receipt of any applicable regulatory approvals and licenses. Mathieson intends to provide each of the other shareholders of IEG Holdings of record as of Monday April 30, 2018 with the opportunity to receive the same number and the same percentage of ordinary fully paid up shares in the issued share capital of IEC Ltd.

To view the full press release, visit http://ibn.fm/Crhs9

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About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information, visit the company’s website at www.InvestmentEvolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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www.QualityStocks.com
480.374.1336 Office
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Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Revenues Pegged to Quadruple by 2020

March 13, 2018

  • IEG Holdings services vast underbanked market in U.S.
  • Company enjoys 80 percent repeat customer business
  • ACF Equity Research projects that company revenues will quadruple from 2017 estimates by 2020

In a January 2018 report, ACF Equity Research projected that IEG Holdings Corp. (OTCQB: IEGH) revenues will essentially quadruple over the next couple years and the company will maintain positive EBITDA (http://ibn.fm/nOgdc). Serving the large underbanked population in the United States, IEG Holdings provides unsecured, five-year consumer loans of $5,000 and $10,000 under the brand name ‘Mr. Amazing Loans’ through its website (www.MrAmazingLoans.com). The company is licensed and/or holds certificates of authority to originate direct consumer loans in 20 states and boasts an exceptional 80 percent repeat customer business rate.

Estimates from an FDIC survey (http://ibn.fm/xyXXU) reveal that approximately 25 million U.S. households were underbanked in 2015, meaning that the household had a checking or savings account but lacked sufficient access to mainstream financial services and products. These households are often deprived of banking services such as credit cards or loans and forced to rely on non-traditional forms of finance and micro-finance, such as check cashing services, loan sharks and pawnbrokers.

IEG Holdings services this void in the underbanked market that is typically overlooked by mainstream institutional credit providers. Avoiding the risky subprime market, IEG Holdings targets the near prime loan market and charges credit card-type fees that range from 12.0 percent to 29.9 percent APR. This offsets any potential defaults and delivers healthy returns on the company’s loan portfolio. IEGH’s customer acquisition cost is only about half that of traditional brick and mortar lenders, and the company has an automated online loan approval process with transparent contracts and no hidden fees. The transparency and easy loan approval are strong contributing factors in the company’s unparalleled 80 percent repeat customer business.

From approximately $2 million in 2017 estimated revenues, ACF Equity Research projects that the revenue of IEGH will reach $5.33 million in FY2019 and $8.23 million in FY2020, with positive EBITDA in both years. The company is currently debt-free and undertaking a creative cryptocurrency initiative that may well make IEG Holdings one of the few loan companies in the world that could have its own legal initial coin offering (ICO).

Investors interested in the huge potential returns seen by the disruptive fintech sector should take a serious look at IEG Holdings before price reflects the projected growth.

For more information, visit the company’s website at www.InvestmentEvolution.com

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About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Equity Research Firm Projects IEG Holdings Corp. (IEGH) to Reach $8.2M in Revenue in FY2020

March 8, 2018

IEG Holdings (OTCQB: IEGH) is a Las Vegas-based fintech provider of $5,000 and $10,000 unsecured, five-year consumer loans under the brand name ‘Mr. Amazing Loans’. The company was recently the subject of a report by an equity research firm. A recent article discussing the company reads: “ACF Equity Research projects the revenue of IEGH reaching $5.328 million in FY2019 and $8.227 million in FY2020, with positive EBITDA in both years (http://nnw.fm/1dPMY). That projection is based on ACF Equity Research liking the no-debt position of IEGH, its free cash flow, its business model, and its 80 percent repeat business loan book. It also sees value in the company’s exploration of cryptocurrency loans and the formation of its new 100 percent-owned subsidiary, Investment Evolution Crypto, LLC.  IEGH is said to be looking into launching an initial coin offering (ICO), the report said.”

To view the full article, visit http://ibn.fm/70xxy

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About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information, visit the company’s website at www.InvestmentEvolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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www.QualityStocks.com
480.374.1336 Office
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Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Creates Crypto Excitement in the Loan Industry

March 7, 2018

  • IEG Holdings targets the near prime loan market with unsecured $5,000 and $10,000 loans
  • Established track record of 80 percent repeat customer business and low customer acquisition cost
  • Looking to launch its own cryptocurrency – offer loans and accept loan repayments in ‘IE Crypto’

Most view the personal loan industry as a humdrum, by-the-numbers business with steady, predictable upside. IEG Holdings Corp. (OTCQB: IEGH) is disrupting that perception and is fast-becoming an online force in the fintech consumer loan industry. The company is not only challenging traditional brick-and-mortar consumer lending markets; it is also opening creative, cutting-edge avenues of opportunity with its plan to offer loans and accept loan repayments in its own IEG Holdings cryptocurrency.

Based in Las Vegas, IEG Holdings provides unsecured, five-year consumer loans of $5,000 and $10,000 under the brand name ‘Mr. Amazing Loans’ through its website (www.MrAmazingLoans.com). The company is licensed and/or holds certificates of authority to originate direct consumer loans in 20 states, and it boasts an exceptional 80 percent repeat customer rate. Of course we can help those who live in the States. However, if you live in another country then it might be a good idea to check out someone like Gobear who can help you out with your personal loan.

Avoiding subprime lending, IEG Holdings targets the near prime loan market, servicing the needs of underbanked consumers that tend to be ignored by mainstream institutional credit providers. The company charges credit card-type fees that range from 12.0 percent to 29.9 percent APR to offset any defaults and deliver healthy returns on its loan portfolio. Importantly, the company’s customer acquisition cost is about half that of traditional brick-and-mortar lenders. IEGH has an automated online loan approval process, and contracts are transparent, without hidden costs.

Unsatisfied with just building a significantly scalable, lucrative niche market, IEG Holdings recently announced that its wholly owned subsidiary, Investment Evolution Crypto (“IE Crypto”), has signed a leading blockchain software consultant to provide blockchain development services for IEG Holdings’ cryptocurrency (http://ibn.fm/FqeV3). IE Crypto plans to create its own IEG Holdings cryptocurrency with which to offer loans and accept loan repayments. This would position IEGH as one of the few loan companies in the world with its own legal cryptocurrency. The company also plans to develop and launch a new Philippines remittance and loan offering to U.S. and Australia-based Filipino overseas foreign workers (“OFW”), a population which accounts for a $28 billion annual remittance market.

Commenting on the latest Crypto developments in a news release, Paul Mathieson, chairman and chief executive officer of IEG Holdings, stated, “We are very excited to have moved to the development stage for our IEG Holdings cryptocurrency. We believe potentially combining the exciting new blockchain technology with a leading sophisticated online consumer finance system, individual US state lending licenses and exposure to the Philippines $28 billion OFW remittance sector is a very exciting proposition. We aim for IEGH to leverage off its existing fintech business credentials, specifically its extensive experience in online consumer loans, to potentially be a key player in the crypto/blockchain sector.”

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Projected to Reach $5.3M in Revenue in FY2019 by Equity Research Firm

February 27, 2018

  • Company, exploring economics of cryptocurrency loans and an initial coin offering (ICO), has formed a 100 percent-owned subsidiary, Investment Evolution Crypto, LLC
  • ACF Equity Research sees IEGH revenue reaching $8.2 million in FY2020 with positive EBITDA

IEG Holdings Corp. (OTCQB: IEGH) is a Las Vegas-based fintech provider of $5,000 and $10,000 unsecured, five-year consumer loans under the brand name ‘Mr. Amazing Loans’ on its website (www.MrAmazingLoans.com). It is licensed and/or holds certificates of authority to originate direct consumer loans in 20 states. The company provides loans through its online application portal to residents of those states. All loans are originated, processed and serviced out of the company’s centralized head office in Las Vegas. The company was launched in 2010.

ACF Equity Research projects the revenue of IEGH reaching $5.328 million in FY2019 and $8.227 million in FY2020, with positive EBITDA in both years (http://ibn.fm/p07y0). That projection is based on ACF Equity Research liking the no-debt position of IEGH, its free cash flow, its business model, and its 80 percent repeat business loan book. It also sees value in the company’s exploration of cryptocurrency loans and the formation of its new 100 percent-owned subsidiary, Investment Evolution Crypto, LLC. IEGH is said to be looking into launching an initial coin offering (ICO), the report said.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Announced as Latest Addition to SeeThruEquity’s Blockchain Research and Advisory Platform

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) was this morning named the newest member of SeeThruEquity’s blockchain research and advisory platform. This update comes on the heels of IEGH’s January news release unveiling its plans to launch a new, gold metal-backed, SEC-registered cryptocurrency in tandem with its Investment Evolution Crypto, LLC subsidiary. “We are very excited to have joined SeeThruEquity’s blockchain platform which we believe will provide the market with much needed information and awareness of this new space,” Paul Mathieson, CEO of IEG Holdings, stated in the news release. “We look forward to working with SeeThruEquity as we believe them to be a key player in the blockchain/cryptocurrencies research and advisory space.”

To view the full press release, visit http://ibn.fm/zOUhS

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information, visit the company’s website at www.InvestmentEvolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Signs Intellectsoft for Cryptocurrency Blockchain Development Services; Discloses Potential Philippines Cryptocurrency Remittance Strategy

February 26, 2018

IEG Holdings Corp. (OTCQB: IEGH) this morning announced that Investment Evolution Crypto LLC, its wholly owned subsidiary, has outsourced Intellectsoft LLC to offer blockchain development services including functional and business requirement analysis; technical and market research; and a development plan for the development of IEG Holdings’ cryptocurrency. IEGH also revealed that its subsidiary is planning to penetrate the Filipino USD 28 billion Overseas Foreign Workers (“OFWs”) remittance market, by developing and launching a cryptocurrency targeting both the Australian and US based Philippines OFWs. Per the update, its subsidiary is in the initial stages of these plans, and it will investigate the economic and legal risks as well as their merits, before putting the plans in action. “We believe potentially combining the exciting new blockchain technology with a leading sophisticated online consumer finance system, individual US state lending licenses and exposure to the Philippines $28 billion OFW remittance sector is a very exciting proposition. We aim for IEGH to leverage off its existing fintech business credentials, specifically its extensive experience in online consumer loans, to potentially be a key player in the crypto/blockchain sector,” IEG Holdings chairman and CEO Paul Mathieson stated in the news release.

To view the full press release, visit http://ibn.fm/NGhTu

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information, visit the company’s website at  www.InvestmentEvolution.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Aims to Back Cryptocurrency Technologies with Gold

February 20, 2018

  • IEG Holdings Corp. provides small personal online loans of up to $10,000
  • IEGH subsidiary Mr. Amazing Loans offers rates up to 13-times lower than typical APR
  • IEG Holdings Corp. intends to create metal-backed cryptocurrency

Based in Las Vegas, IEG Holdings Corp. (OTCQB: IEGH) provides small online personal loans in over 20 states within the U.S. This publicly traded company is a global leader in consumer financing, providing these loans through a state-licenced operating subsidiary known as Investment Evolution Corporation under the consumer brand Mr. Amazing Loans. As a leading fintech brand, Mr. Amazing Loans specializes in dedicated loan amounts of $5,000 and $10,000. This is offered directly to consumers through access to an easy-to-use website.

Customers are assured of no hidden or additional fees and are able to receive same-day processing. There is no prepayment penalty, and loans have fixed repayment and interest rates for their duration. Contrary to the typical annual percentage rate (APR), which can range from 391 percent to 521 percent, as stated by the Centre for Responsible Learning, Mr. Amazing Loans offers rates of 29.9 percent or less that are designed to fit into the budgets of consumers.

A 100 percent-owned subsidiary, Investment Evolution Crypto, LLC has been tasked with the exploration of business opportunities within the blockchain/cryptocurrency industry. This company is set to explore the economic risk and legalities associated with a joint business venture with Mr. Amazing Loans (http://ibn.fm/skYxt).

With over 22 years in the finance industry, Paul Mathieson, IEG Holdings’ CEO and chairman, has experience in funds management, lending, investment banking and stock market research. Mathieson has been a member of the IEGH board of directors since 2012 and a member of its subsidiary’s board since 2009. Mathieson founded IEG Holdings Limited in Sydney, Australia, having launched Mr. Amazing Loans there in 2005 and then in the United States via IEGC in 2010. He was awarded Ernst & Young’s 2007 Australian Young Entrepreneur of the Year (Eastern Region). Mathieson has been joined on the IEGH management team by Carla Cholewinski, who currently serves as chief operating officer with over 37 years of experience in the finance industry, including credit union management, debt securitization, banking, underwriting, regulatory oversight and banking.

For consumers to be eligible for a loan from Mr. Amazing Loan, they must have a minimum gross annual income of $40,000, a minimum credit score of 600 and steady employment history. The loans are originated, processed and serviced out of the company’s Las Vegas corporate offices, which eliminates IEGH’s need to have a physical establishment in each of the states in which it is licenced to conduct business. IEGH’s six-and-a-half-year track record of originating, underwriting and servicing personal loans to underbanked consumers has made it adept within the consumer finance industry, achieving a meaningful return on its loan portfolio (http://ibn.fm/SwWmf).

On January 29, 2018, it was announced that the consumer loan provider IEG Holdings was exploring the possibility of creating a cryptocurrency to be backed by gold metal and registered with the SEC as a security. Investment Evolution Crypto, LLC announced its intention to create its own gold metal-backed cryptocurrency that could be used when offering loans and accepting loan repayments. Although Crypto is currently in the development planning stages and exploring the opportunities presented by cryptocurrency and blockchain technologies, the company has already commenced negotiations to purchase a bona-fide gold project with established gold resources in the ground and prospecting licences on record (http://ibn.fm/g1u7O).

Investment Evolution Crypto is in the process of developing plans to explore the above-mentioned blockchain/cryptocurrency opportunities, with efforts made toward evaluating the legal and associated economic risks. Unlike other digital currencies such as bitcoin, either, Ripple, and Litecoin, IEG Holdings’ cryptocurrency is expected to be backed by gold and registered with the Securities and Exchange Commission (SEC).

In a news release (http://ibn.fm/mMQ4V), Mathieson stated, “We believe potentially combining the exciting new blockchain technology with the hard asset of gold metal, expected SEC registration, a leading sophisticated online consumer finance system and individual U.S. state lending licences is a very exciting proposition. In addition, we believe the future leaders of the crypto/blockchain sector will be companies that are materially compliant with all of the existing and future related U.S. government legislation. We aim for IEGH to leverage off its existing fintech business credentials, specifically its experience on online consumer loans, to potentially be a key player in the crypto/blockchain sector.”

Although it is one of IEGH’s main goals to create its own gold metal-backed cryptocurrency, it will in addition explore the acceptance of established digital currencies, such as bitcoin, for the repayment of consumer loans. This promises to be a year of substantial growth for the company, with plans for further expansion that could see it grow to include up to 25 states by the end of the year.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

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QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
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Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Aims to Create Exclusive Gold Metal-backed Cryptocurrency

February 16, 2018

Consumer loan provider IEG Holdings (OTCQB: IEGH) intends to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments. A recent article discussing the company’s anticipated endeavor reads: “On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan repayments through blockchain technology. Investment Evolution Crypto has not started mineral operations as yet, but it is currently developing plans to explore these crypto/blockchain opportunities. These efforts will include an evaluation of the legalities and associated economic risks.”

To view the full article, visit http://ibn.fm/KC75D

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.InvestmentEvolution.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Aims to be Key Player in the Cryptocurrency/Blockchain Sector

January 31, 2018

  • IEG Holdings plans to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments
  • The company’s loans offer interest rates that are significantly lower than payday lenders
  • Adoption of blockchain technology offers substantial growth potential

On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan repayments through blockchain technology. Investment Evolution Crypto has not started mineral operations as yet, but it is currently developing plans to explore these crypto/blockchain opportunities. These efforts will include an evaluation of the legalities and associated economic risks.

Unlike other digital currencies like bitcoin, ether, Ripple and Litecoin, IEG Holdings’ cryptocurrency will be backed by gold and registered with the Securities Exchange Commission (SEC) as a security.

In a news release, the company’s chairman and CEO, Paul Mathieson, had this to say about the venture: “We believe potentially combining the exciting new blockchain technology with the hard asset of gold metal, expected SEC registration, a leading sophisticated online consumer finance system and individual U.S. state lending licenses is a very exciting proposition. In addition, we believe the future leaders of the crypto/blockchain sector will be companies that are materially compliant with all the existing and future related U.S. government legislation. We aim for IEGH to leverage off its existing fintech business credentials, specifically its extensive experience in online consumer loans, to potentially be a key player in the crypto/blockchain sector.”

IEG Holdings, based in Las Vegas, is a global leader in consumer finance and provides small-sized online personal loans to consumers in the United States. Through its operating subsidiary, Investment Evolution Corporation, the company offers loans under the brand “Mr. Amazing Loans.” Mr. Amazing Loans is a fintech company that specializes in providing loan amounts of $5,000 to $10,000 to consumers through a professional, user-friendly website. IEG Holdings’ loans are unsecured consumer loans with a five-year maturity period and interest rates that are significantly lower than payday lenders.

Through Mr. Amazing Loans, consumer loans receive same-day processing, with no prepayment penalty and no hidden or additional fees. Repayment interest rates are fixed at an annual percentage rate (APR) of 29.9 percent or less for the life of the loan.

According to the Center for Responsible Lending, typical payday lenders charge interest rates ranging from 391 percent to 521 percent APR on loans from $100 to $1,000 (http://ibn.fm/XyAYf). Terms presented by Mr. Amazing Loans offer low fixed repayments which fit into consumer budgets in an effort to ensure that they strengthen their financial positions. Loans may be approved on the same day of application, and funds are deposited directly into approved consumers’ bank accounts.

IEG Holdings is licensed and/or holds certificates of authority to originate loans in 20 states, including Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon, Pennsylvania, Texas, Utah, Virginia and Wisconsin. All loans are processed and serviced through the company’s corporate offices in Las Vegas, which eliminates the need for physical offices in each state where the company is licensed to conduct business.

While IEG Holdings’ primary goal is to create its own gold metal-backed cryptocurrency, it will explore the acceptance of established digital currencies, like bitcoin, for consumer loan repayment. With its foray into the rapidly growing blockchain space, 2018 promises to be a year of substantial growth for the company.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Intends to Create Cryptocurrency Backed by Gold Metal

January 29, 2018

Consumer loan provider IEG Holdings (OTCQB: IEGH) is exploring the possibility of creating a cryptocurrency to be backed by gold metal and registered with the SEC as a security. A recent article discussing the company reads: “Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a bona fide gold project with established gold metal in the ground and prospecting licenses on record.”

To view the full article, visit http://ibn.fm/5RGo6

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.mramazingloans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.InvestmentEvolution.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Exploring Creation of Gold Metal-backed Cryptocurrency

January 25, 2018

  • Negotiations underway to purchase a verified gold project with prospecting licenses
  • IEGH’s cryptocurrency to be backed by gold metal, registered with SEC as a security
  • Volatility of cryptocurrency could potentially be stabilized with precious metal backing

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a bona fide gold project with established gold metal in the ground and prospecting licenses on record.

In a news release announcing the company’s venture (http://ibn.fm/flkVE), Paul Mathieson, IEG Holdings chairman and CEO, said, “We believe potentially combining the exciting new blockchain technology with the hard asset of gold metal, expected SEC registration, a leading sophisticated online consumer finance system and individual US state lending licenses is a very exciting proposition… In addition, we believe the future leaders of the crypto/blockchain sector will be companies that are materially compliant with all the existing and future related US government legislation. We aim for IEGH to leverage off its existing fintech business credentials, specifically its extensive experience in online consumer loans, to potentially be a key player in the crypto/blockchain sector.”

This attention to detail and meeting regulatory necessities is the backbone of IEGH’s success as a publicly traded, global leader in consumer finance (http://ibn.fm/0pXBq). The company provides small online personal loans of $5,000 to $10,000 in the United States via a state-licensed operating subsidiary, Investment Evolution Corporation, under the consumer brand ‘Mr. Amazing Loans’.

The company originates, processes, and services consumer loans from its centralized Las Vegas headquarters. Loans are offered in 20 states via its online platform and distribution network. IEGH is a licensed direct lender with state licenses and/or certificates of authority to lend in each state and offers all loans within the prevailing statutory rates. The difference for consumers seeking a personal loan under Mr. Amazing Loans’ terms is the ability to repay the loan with low, fixed repayment schedules that fit into their lifestyle and budget. Since inception, the company has provided over $16 million in consumer loans – a cumulative loan volume increase of 192 percent from January 2015 to the end of 2017 (http://ibn.fm/UroRz).

The coming year includes some exciting business opportunities for IEG Holdings, its subsidiaries and investors. Exploration of the legalities, economic risks and benefits of accepting repayment of customer loans in the form of leading crypto/blockchain currencies such as bitcoin, and also possibly creating and issuing a precious metal-backed cryptocurrency, are seen as prime targets for 2018.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Pushes for Negotiations Related to LendingClub Offer

January 23, 2018

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) this morning issued a news release urging LendingClub Corporation (NYSE: LC) to enter negotiations related to the former’s tender offer to acquire approximately 4.99 percent of LendingClub’s outstanding shares. The offer, which is scheduled to expire on Thursday, February 22, 2018, comes as IEGH has identified what it believes to be “major risks and problems” with LendingClub’s business model and management strategy. IEGH believes that by altering this model to a balance sheet lender model, LendingClub would be able to generate significantly higher margins, provide substantially higher long duration cash flow, build increased goodwill with customers and enable increased customer refinancing. IEGH also highlights blockchain technology as a means of increasing LendingClub’s cash flow security and transparency. IEGH’s tender offer calls for the exchange of 13 shares of IEGH common stock for each share of LendingClub common stock, up to an aggregate of 20,701,999 LendingClub shares.

To view the full press release, visit http://ibn.fm/SoNkB

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.mramazingloans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.investmentevolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) is Lending to the Under-Banked in 20 US States

January 22, 2018

  • Offering consumer loans in 20 states
  • Robust underwriting standards
  • Successful track record in the industry

Despite living in the country with the world’s most sophisticated financial system, 16 million American adults are ‘unbanked’, according to the latest ‘Report on the Economic Well-Being of U.S. Households’ issued by the Board of Governors of the Federal Reserve System (http://ibn.fm/XmUwO). Unbanked consumers are those without “a checking, savings, or money market account.” In addition, another 43 million or so are ‘under-banked’, defined as having a deposit account but also using at least one alternative financial service in the prior year. Yet prick the people who fall into these two market segments and, like their better-banked brethren, they will bleed, being no different. That similarity extends to their need for certain banking services, such as the personal loans offered by IEG Holdings Corp. (OTCQB: IEGH). The Nevada-based company offers loan products, under the label ‘Mr. Amazing Loans’, to residents of 20 states.

Who hasn’t needed, at some point, a personal loan for an emergency or to finance some venture? Yet banks are notoriously finicky. As Bob Hope once observed, “A bank is a place that will lend you money if you can prove you don’t need it.” Moreover, non-bank lenders charge usurious rates. The typical payday loan has rates ranging from 391 percent to 521 percent annual percentage rate (APR) on loans ranging from $100 to $1,000, according to the Center for Responsible Lending.

Conversely, the rates offered by Mr. Amazing Loans are affordable and designed with low, fixed repayments to fit into consumer budgets, with the added goal of helping clients reach a stronger financial position. The company offers $5,000 and $10,000 personal loans over a five-year term at rates ranging from 12.0 percent to 29.9 percent APR in 20 states, including Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon, Pennsylvania, Texas, Utah, Virginia and Wisconsin.

Thoughtful underwriting standards separate gold from the straw. To be eligible, a consumer must, among other criteria, have a minimum gross annual income of $40,000, a minimum credit score of 600 and a steady employment history. Loans are originated, processed and serviced out of the company’s Las Vegas corporate offices, which eliminates the need for IEGH to have a brick-and-mortar office in each state where it is licensed to conduct business. Consumers are able to receive same-day processing and are assured of no hidden or additional fees, no prepayment penalties and reasonable interest rates.

IEGH has a 6 1/2-year track record of originating, underwriting and servicing personal loans to under-banked consumers. It has become adept, through that experience and knowledge in the consumer finance industry, at achieving a meaningful return on its loan portfolio. In addition, the company has the clout to attract capital markets financing, as it has signaled with recent private placements of common and preferred stock. IEGH has two wholly-owned subsidiaries, IEC, its U.S. operating entity that holds all its state licenses, leases, employee contracts and other operating and administrative assets, and IEC SPV, a bankruptcy remote special purpose entity that holds the U.S. loans. The company recently introduced a third subsidiary, Investment Evolution Crypto, LLC.

Paul Mathieson, IEG Holdings chairman and chief executive officer, has over 22 years’ experience in lending, funds management, stock market research and investment banking. Mathieson founded IEG Holdings Limited in Sydney, Australia, launching the Mr. Amazing Loans business in that country in 2005 and then in the United States via IEGC in 2010. He was awarded Ernst & Young’s 2007 Australian Young Entrepreneur of the Year (Eastern Region). Mathieson is joined by Carla Cholewinski, who serves as chief operating officer with over 37 years of experience in the finance industry, including banking, credit union management, regulatory oversight, debt securitization and underwriting.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Views Current Tender Offer as Solid Short-term Investment for Shareholders

IEG Holdings (OTCQB: IEGH), a provider of unsecured consumer loans, recently announced a tender offer to exchange 13 shares of the company’s common stock for each share of common stock of LendingClub Corp. (NYSE: LC). An article discussing the offer reads: “IEG Holdings Corporation (OTCQB: IEGH) recently announced (http://ibn.fm/mAbCE) that it has begun a tender offer for 4.99 percent of the common shares of LendingClub Corporation (NYSE: LC). The offer, set to expire on February 22, 2018, is for up to an aggregate of 20,701,999 common shares. The transaction calls for the exchange of 13 shares of IEG Holdings common stock for each share of LendingClub. … IEGH believes that the offer is a solid short-term investment for its shareholders.”

To view the full article, visit http://ibn.fm/1pilz

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.MrAmazingLoans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.InvestmentEvolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) is “One to Watch”

January 12, 2018

  • State-licensed online unsecured consumer loan company
  • Attractive alternative to expensive payday lenders
  • Cumulative loan volume increased to more than $16 million end of 2017
  • Since January 2015, cumulative loan volume has increased by 192%

IEG Holdings Corp. (OTCQB: IEGH) is a publicly traded, global leader in consumer finance providing small-sized online personal loans in the United States via a state-licensed operating subsidiary, Investment Evolution Corporation, under the consumer brand “Mr. Amazing Loans.” Based in Las Vegas, the company originates consumer loans in 20 states: Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Maryland, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon, Pennsylvania, Texas, Utah, Virginia and Wisconsin via its online platform and distribution network. IEGH is a licensed direct lender with state licenses and/or certificates of authority to lend in each state and offers all loans within the prevailing statutory rates.

Mr. Amazing Loans is a leading FinTech company specializing in dedicated loan amounts of $5,000 to $10,000 offered directly to consumers through an easy-to-use website known for its professional interaction with applicants. All loans are originated, processed and serviced out of the company’s Las Vegas corporate offices, eliminating the need for physical locations in each state where IEGH is licensed to conduct business. The company’s loans are unsecured consumer loans that mature in five years at interest rates significantly less than those of payday lenders. Consumers are able to receive same-day processing and are assured of no hidden or additional fees, no prepayment penalty, with repayment and interest rates fixed at 29.9% or less Annual Percentage Rate (APR) for the life of the loan.

The Center for Responsible Lending states the typical payday loan has rates ranging from 391% to 521% APR on loans that typically range from $100 to $1,000. Conversely, Mr. Amazing Loans’s terms are designed with low fixed repayments to fit into consumer budgets with the added goal of helping clients reach a stronger financial position. Loan funds are deposited directly into an approved consumer’s checking account and may be approved the same day after necessary application documentation is received.

IEG Holdings has also incorporated Investment Evolution Crypto, LLC., a 100 percent owned subsidiary, and tasked the new company with exploring business opportunities in the cryptocurrency/blockchain industry. Specifically, the subsidiary company will explore the legalities and economic risks of entering into a joint venture with IEGH’s other 100 percent owned subsidiary company, Investment Evolution Corporation dba Mr. Amazing Loans. Among the questions to be answered during this development planning stage are whether Mr. Amazing Loans should accept repayment of customer loans in the form of leading crypto/blockchain currencies such as Bitcoin, provide the equivalent of USD $5,000 and $10,000 loans to consumers in cryptocurrencies, and potentially create and issue an Investment Evolution cryptocurrency.

Paul Mathieson, IEG Holdings’ chairman and Chief Executive Officer, has over 19 years of finance industry experience in lending, funds management, stock market research and investment banking. He has been a member of the board of directors at IEGH since 2012 and of its subsidiary since 2009. Mathieson founded IEG Holdings Limited in Sydney, Australia, launching the Amazing Loans business in that country in 2005 and then in the United States via IEGC in 2010. He was awarded Ernst & Young’s 2007 Australian Young Entrepreneur of the Year (Eastern Region). Mathieson is joined by Carla Cholewinski, who serves as chief operating officer with over 37 years of experience in the finance industry including banking, credit union management, regulatory oversight, debt securitization and underwriting.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

IEG Holdings Corp. (IEGH) Commences Tender Offer for 4.99% of the Common Shares of LendingClub Corporation (NYSE: LC)

January 11, 2018

  • Offer to expire on February 22, 2018, and represents 4.99 percent of outstanding common shares as of October 31, 2017
  • Transaction calls for exchange of 13 shares of IEG Holdings common stock for each share of LendingClub, up to an aggregate of 20.7 million shares
  • IEGH sees tender offer as a solid short-term investment for its own shareholders

IEG Holdings Corporation (OTCQB: IEGH) recently announced (http://dtn.fm/zMd0F) that it has begun a tender offer for 4.99 percent of the common shares of LendingClub Corporation (NYSE: LC). The offer, set to expire on February 22, 2018, is for up to an aggregate of 20,701,999 common shares. The transaction calls for the exchange of 13 shares of IEG Holdings common stock for each share of LendingClub.

IEGH believes that the offer is a solid short-term investment for its shareholders. In connection with the offer, IEG Holdings prepared a Letter of Transmittal and submitted a form S-4 with the SEC.

Las Vegas-based IEG Holdings provides $5,000 and $10,000 unsecured consumer loans under the brand name ‘Mr. Amazing Loans’ through its website, www.MrAmazingLoans.com. It is licensed and/or holds certificates of authority to originate direct consumer loans in 20 states. The company provides loans through its online application portal to residents of those states, with all loans originated, processed and serviced out of its centralized Las Vegas head office.

ACF Equity Research, on January 4, 2018, estimated that IEG Holdings revenues in 2018 will reach $2,911,000, compared to $2,135,046 actual in 2016 (http://dtn.fm/KgxK9). The research report noted that ACF also estimates a high 80 percent repeat loan business for the company.

LendingClub (http://dtn.fm/03DsX) offers loans of up to $40,000 for consumers, as well as small business loans of up to $300,000. It is an online marketplace connecting borrowers and investors. It began operations in 2007.

For more information, visit the company’s website at www.InvestmentEvolution.com

Let us hear your thoughts: IEG Holdings Corporation Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Unveils Plans for New Cryptocurrency

January 10, 2018

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC, this morning announced that it is negotiating to purchase a gold project with gold metal in the ground and prospecting licenses. IEG Holdings intends to utilize this gold resource to investigate creating its own gold metal-backed cryptocurrency, potentially offering loans and accepting loan repayments in the new blockchain-based currency. “Unlike Bitcoin, Ripple, Ethereum and Litecoin etc., IEGH’s crypto currency is planned to be backed by gold metal and registered with the SEC as a security,” Paul Mathieson, chairman and CEO of IEGH, stated in the news release. “We believe potentially combining the exciting new blockchain technology with the hard asset of gold metal, expected SEC registration, a leading sophisticated online consumer finance system and individual US state lending licenses is a very exciting proposition. In addition, we believe the future leaders of the crypto/blockchain sector will be companies that are materially compliant with all the existing and future related US government legislation. We aim for IEGH to leverage off its existing fintech business credentials, specifically its extensive experience in online consumer loans, to potentially be a key player in the crypto/blockchain sector.”

To view the full press release, visit http://dtn.fm/4NjpD

Let us hear your thoughts: IEG Holdings Corporation Message Board

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.mramazingloans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.investmentevolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – IEG Holdings Corp. (IEGH) Commences Tender Offer for Stake in LendingClub Corporation (NYSE: LC), Highlights “Flawed” Business Model

January 8, 2018

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) this morning announced the commencement of a tender offer for shares of LendingClub Corporation (NYSE: LC) by which the company aims to exchange 13 shares of its common stock for each share of LendingClub, up to an aggregate of just over 20 million shares, or 4.99 percent of LendingClub’s outstanding shares. In the news release, IEGH identified what it believes to be a number of major risks and problems with the LendingClub business model and management, including weak underwriting standards, lack of company-owned state lending licenses, unsustainable funding sources, excessive cost structure and poor stock market performance. “We ask LendingClub shareholders to consider whether they wish to move forward with an improved online balance sheet lender model aimed at the future or continue to support what we believe to be a flawed ‘broker’ business model,” Paul Mathieson, chairman and chief executive officer of IEGH, stated in the news release. “Weak underwriting standards, tiny gross margins and large, continuing losses is a recipe for disaster.” IEG Holdings believes that changing LendingClub’s business model to a balance sheet lender model would enable the company to generate significantly higher gross margins, provide significantly higher long duration cash flow from customers, build increased goodwill with customers and enable increased customer refinancing.

To view the full press release, visit http://dtn.fm/c4YBo

About IEG Holdings Corporation

IEG Holdings Corporation provides online $5,000 and $10,000 unsecured consumer loans under the brand name, “Mr. Amazing Loans,” via its website, www.mramazingloans.com. In addition, IEG Holdings announced on December 22, 2017 that it has formed Investment Evolution Crypto, LLC, a wholly owned subsidiary of IEG Holdings (“Crypto”). Crypto will explore the legalities and economic risks and benefits of entering into a joint venture with Investment Evolution Corporation, a wholly owned subsidiary of IEG Holdings (“IEC”), to accept repayment of customer loans in the form of crypto/blockchain currencies such as Bitcoin, provide the crypto equivalent of $5,000 and $10,000 loans to customers, and also potentially create and issue an IEC cryptocurrency. Crypto has not begun operations and is in the development planning stages to explore these business opportunities in this time of changing technology. For more information about IEG Holdings, visit www.investmentevolution.com

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

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