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| Delinquent US student loans hit record high, with over $100 billion past due RT The number and value of overdue student loans has reached an all-time high in the US as nearly a third of 20- to 24-year-olds are currently unemployed, according to a report by the Department of Education. With continued concern regarding rising ... See all stories on this topic » | ||
| 5 Ways Student Loans Hurt Middle-Class Kids Huffington Post As Washington prepares for another epic battle over keeping federal student loan rates at 3.4 percent rather than allowing them to double to 6.8 percent, an important fact goes overlooked: Federal student loans are already a significant profit center ... See all stories on this topic » | ||
| Can't pay student loans? Look for proactive options Chicago Tribune If you have just finished college and have a job — congratulations. Still, even with a job, many new graduates are shocked when they find out how difficult it is to cover student loans and other expenses. Graduating with $20,000 in federal Stafford ... See all stories on this topic » | ||
| Chrysler, Tesla trade barbs over loans The Morning Sun DETROIT – Chrysler Group LLC and Tesla Motors Inc., both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million on Wednesday to repay the remaining portion of its U.S. Department of Energy loan... See all stories on this topic » | ||
| Business loans aim to boost Native American entrepreneurship Minnesota Public Radio BEMIDJI, Minn. — Even though the city of Bemidji is surrounded by three Indian reservations, there have been few Native American-owned businesses in town. Now, a Red Lake tribal member has opened a new restaurant. It's believed to be the first ... See all stories on this topic » | ||
| Co-Op Bank Halts Loans to New Business Clients After Downgrade Businessweek Co-Operative Bank Plc said it will halt loans to new business customers, two weeks after Moody's Investors Service cut the British lender's rating to junk. The bank will continue to lend money to existing corporate and consumer clients and remain open ... See all stories on this topic » | ||
| Mortgage giants make it easier for retirees to secure loans Washington Post Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the home loan business ... See all stories on this topic » | ||
| Here is how bad loans affected banks in Jan-March quarter Moneycontrol.com Net non-performing assets or bad loans of 39 listed banks inched up just 0.8 percent or Rs 750 crore in the fourth quarter of 2012-13 according to a study. However, it does not signify any improvement in bank credit quality. Source: Moneycontrol.com ... See all stories on this topic » | ||
| Class of 2013 guide to student loans Reuters You can choose to roll all of your federal loans into one big loan for simplicity's sake, and this might be a good time to do that, because current interest rates are at or near all-time lows. The new loan's interest rate would be the weighted average ... See all stories on this topic » | ||
| Current Mortgage Rates: Quicken Loans and KeyBank Mortgage Interest Rates ... Eastern Morning Herald Current Mortgage Rates: Quicken Loans and KeyBank Mortgage Interest Rates for May 24, 2013 Quicken Loans is the largest online retail mortgage provider in the United States. It's also ranked as the third largest lender overall. The firm provides home ... See all stories on this topic » | ||
| Experts Pick Best Personal Loans, Borrowers Shop: Loans.net Announces ... Sacramento Bee DALLAS, May 24, 2013 -- /PRNewswire-iReach/ -- "We offer the best personal loans in the market" -- almost every lender has a similar claim in its marketing collateral and ad pitches. In an over-crowded marketplace, it is hard to sort the lemons from ... See all stories on this topic » | ||
| RPT-Fitch Assigns FCT Ginkgo Compartment Personal Loans 2013-1 Final ... Reuters Fri May 24, 2013 6:25am EDT. (Repeat for additional subscribers). May 24 (Reuters) - (The following statement was released by the rating agency). Fitch Ratings has assigned FCT Ginkgo Compartment Personal Loans 2013-1's notes final ratings as follows: ... See all stories on this topic » | ||
| Bank of Ireland 'Definitely' Has Capital for Bad Loans, CEO Says Businessweek Every financial gauge for the Dublin-based lender, including lending margins, costs, loan losses and deposits are "moving in the right direction," Boucher said at an event in Dublin today. Momentum on all measures has continued "strongly" from last ... See all stories on this topic » | ||
| Student loans hurt the middle class MSN Money Riddle me this: Why should middle-class students pay more for loans than is absolutely necessary, all the while padding the government's coffers and enabling state universities to build facilities that the students will only get to use for only four years? See all stories on this topic » | ||
| Rural customers may not receive helpful loans Leader-Telegram ... their customers, local bankers say. The rules, set to take effect Jan. 1, would stop small town banks from issuing some types of loans that are helpful to rural customers, said a trio of local bankers and a spokesperson for the Wisconsin Banking ... See all stories on this topic » | ||
| LoanLove.com Helps First Time And Experienced Homeowners To Find Loans... Sacramento Bee SAN DIEGO, May 25, 2013 -- /PRNewswire-iReach/ -- LoanLove.com is a trusted destination for current mortgage news and expert loan advice. The recently opened has the mission of helping consumers and borrowers alike in obtaining the latest information ... See all stories on this topic » | ||
| Co-operative Bank draws scrutiny as it ends new company loans Financial Times Britannia tripled the size of the Co-op bank, boosting assets from £15bn to £46bn but were acquired at only a 5 per cent discount. Half of the former building society's corporate loans are non-performing, according to Barclays analysts. They said it ... See all stories on this topic » | ||
| House backs variable rate student loans Access North Georgia WASHINGTON (AP) -- Dismissing a veto threat from President Barack Obama, lawmakers in the House passed legislation that links student loan rates to the ups and downs of the financial markets in a vote largely along party lines. The Republican-backed ... See all stories on this topic » | ||
| World Bank approves new loans to Palestine Brazil-Arab News Agency (ANBA) São Paulo – The World Bank approved a US$ 55 million loan last Thursday (23rd) to replenish the Trust Fund for Gaza and the West Bank. The funds will be invested in public services, energy, sanitation, social security and education in Palestine. See all stories on this topic » | ||
| Are housing finance companies relevant? - NO Hindu Business Line The current demand for bank credit is being driven by the retail segment, particularly housing loans, which, given their multiplier impact, are sustaining industries with backward and forward linkages in steel, cement, transport and construction. As ... See all stories on this topic » | ||
| US House backs variable rate student loans East Valley Tribune Under the GOP proposal, student loans would be reset every year, pegged to 10-year Treasury notes with added percentage points. For instance, students who receive subsidized or unsubsidized Stafford student loans would pay the Treasury rate, plus 2.5 ... See all stories on this topic » | ||
| UK Home Loan Advances Rise 4.2% In April IBTimes.co.uk The British Bankers Association, a trade body whose members collectively operate about 150 million accounts in the UK, said lenders approved loans worth £8bn in total during April, 2013, up from £7.7bn in March 2013 and higher than the six-month ... See all stories on this topic » | ||
| Credit unions extend loans to military workers hit by sequester Central Penn Business Journal Members 1st Federal Credit Union will offer low-interest loans to qualified borrowers who need help coping with furlough-related disruptions to their income, credit union President and CEO Bob Marquette said. The credit union offered similar assistance ... See all stories on this topic » | ||
| In April, housing loan portfolio in Estonia stopped shrinking after 4 years The Baltic Course The portfolio of loans and leases to Estonian companies and households stood at 14.7 billion euros at the end of April, having grown by 2.2% during the year, which is a slightly slower rate than in February and March. As companies repaid more of their ... See all stories on this topic » | ||
| Government Assures 'Credit Guarantee Fund' for Education Loans Oneindia Students who have taken out private loans from banks or other institutions are often stuck with high interest rates, high payments and few consumer protections. Hence, the government has proposed to set up a 'credit guarantee fund' to address cases of ... See all stories on this topic » | ||
| The true price of payday loans Ottawa Business Journal Hundreds – probably thousands – of people in Ottawa are paying more than FIVE HUNDRED PER CENT in annual interest to get a loan. And it's perfectly legal. Don't believe it? Then you are not among those who patronize businesses that offer "payday ... See all stories on this topic » | ||
| Property: Another chapter for dodgy loans saga Evening Standard On Wednesday, the Nationwide marked up the level of impaired loans on its £10.2 billion loan book by £1 billion, from £1.7 billion to £2.7 billion. The mutual building society also hugely increased provisions for actual default, from £547 million to ... See all stories on this topic » | ||
| US Loan Funds Record $1.2 Billion Weekly Inflow, BofA Says Businessweek Investors poured $1.2 billion this week into funds that purchase bank loans, according to Bank of America Corp. U.S. loan fund assets under management have increased by 35.3 percent, to about $26.6 billion this year, the Charlotte, North Carolina-based ... See all stories on this topic » | ||
| Co-op stops new corporate loans shropshirestar.com But while the scheme incentivises banks by giving them access to cheaper funds to lend on in the marketplace, they must still be able to assure regulators that they have enough capital to be able to make the loans. It means that those with not enough ... See all stories on this topic » | ||
| Student loan interest fracas far from solved with latest House bill Vallejo Times-Herald The bill would set interest rates on both types of Stafford loans at the 10-year Treasury yield -- currently around 2 percent -- plus 2.5 percent. In addition to subsidized Stafford loans, in which interest doesn't accrue until after a student ... See all stories on this topic » | ||
| Farm Service Agency announces Emergency Loans Pilot Tribune Farm Loan Manager, Bruce A. Storm, announced that family farmers with qualifying production and physical losses caused by severe winter storms from April 9, through April 11, may be eligible for an emergency loan. Applications for assistance should be ... See all stories on this topic » | ||
| Co-op puts brakes on loans to new business customers Management Today But today it announced that it will not be giving loans out to any new business customers. A spokesman said that while the loan freeze will not apply to holders of personal accounts, no new companies will be able to join the bank's client roster. So ... See all stories on this topic » | ||
| Brazil bank lending slows, sign of uneven economy Business Recorder (blog) Growth in Brazil's bank lending slowed in April, the latest sign that an expansion in Latin America's largest economy remains uneven in the face of faster inflation and a robust job market. Outstanding bank loans in Brazil totalled a record 2.45 ... See all stories on this topic » |
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| New Study: Record Numbers of Student Loans Are In Delinquency ... By Susie Madrak Almost 30 percent of 20- to 24-year-olds aren't employed or in school, a new study has found. Crooks and Liars | ||
| Tesla and DOE Energy Innovation Loans | The Energy Collective By TinaCasey Tesla used the DOE loan to transition its business model from building high-end roadsters to accelerate the development of its relatively affordable Tesla Model S sedan. The Energy Collective - The world's... | ||
| Electric cars and the Department of Energy: Two giant loans, two ... By Dan Christensen They are two cutting-edge electric car makers, headquartered in California and backed by powerhouses of politics and money. In 2009, each secured half-billion dollar loan commitments from President Obama's Department of Energy to help ... Broward Bulldog | ||
| Delinquent student loans through the roof - Susie Madrak By susie Eleven percent of student loans were seriously delinquent — at least 90 days past due — in the third quarter of 2012, compared with 6 percent in the first quarter of 2003, according to the report by the U.S. Education Department. Almost 30 ... | ||
| Elizabeth Warren Attacks House GOP on Student Loan Bill | Mother ... By Erika Eichelberger On July 1, rates for federal student loans called Stafford loans are set to double from the current rate of 3.4 percent to 6.8 percent. The GOP bill, which passed the House on a mostly party-line vote of 221 to 198, would allow interest rates on ... Political Mojo | Mother Jones | ||
| ECB says 9 banks to repay a total of Eur 8.123 bln in LTRO loans on ... By From fxbriefs.com ECB says 9 banks to repay a total of Eur 8.123 bln in LTRO loans on May 29 - Consisting of Eur 6.208 bln of the 1st 3 yr loan, and Eur 1.915 bln of 2nd loan. Forex Factory | ||
| June 24 Deadline Approaching in Vermont for SBA Working Capi By admin ATLANTA, May 24, 2013 /PRNewswire-USNewswire/ -- ;The U.S. Small Business Administration is reminding small businesses, small agricultural cooperative. Latin Business Today |
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