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September 2006

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USDA ANNOUNCES OVER $234 MILLION IN ELECTRIC LOANS (USDA)

DENVER, September 27, 2006-Agriculture Secretary Mike Johanns today announced that 10 electric cooperatives serving rural residents in 15 states will receive more than $234 million in loans to improve infrastructure, erect new lines, and provide service to 6,200 new customers.

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The AUTOSOURCE and Aimbridge(R) Partnership Increases Auto Loans for Credit Unions (Business Wire via Yahoo! Finance)

NAPERVILLE, Ill.----The Illinois Credit Union League Service Corporation's AUTOSOURCE Division and Aimbridge Indirect Lending have teamed up to more efficiently generate a greater number of auto loans for credit unions.

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Understanding the fundamentals of Auto Loans (Bankrate.com)

An auto loan is one of life's bigger decisions and one that can stay with you for some time. Making the right auto loan choice can save thousands of dollars in interest and fees. Bankrate.com has provided a guide for auto loans and how to buy or lease a car.

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SBA Express Loans clinics continue today in Poarch (Atmore Advance)

If you missed the Community Express Loans clinics held in Atmore yesterday, fear not. You still have two more opportunities to learn more about the Small Business Administration's (SBA) Express Loans.

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Perry County Pays Off Loans, Avoids Borrowing–For Now (Du Quoin Evening Call)

Taylor announced at the board meeting that the resolution was not needed. After dispersing real estate tax money that was taken in recently, the county was able to repay earlier loans and avoid borrowing against its taxes again this year.

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Relief to farmers: Waiver in stamp duty on loans (Central Chronicle)

Bhopal, Sept 27: The State Government has decided to exempt loans up to Rs.10 Lacs given to agriculture sector from the purview of Stamp Duty. This was announced by Hon'ble Chief Minister Shri Shivraj Singh Chouhan In his address to the 125th Meeting of State Level Bankers Committee, Madhya Pradesh held today at Central Bank of India, Zonal Office, Bhopal under the chairmanship of K Subbaraman,

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Payday Loans In Colorado Up One-Third In A Year (CBS4 Denver)

Coloradans took out high-interest payday loans for $500 million last year, a 34 percent jump from a year earlier and more than double the amount in 2002, state statistics show.

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Innkeepers USA amends credit, takes out loans (South Florida Business Journal)

Innkeepers USA Trust has upped its credit line by $70 million to $205 million and closed on $75 million in loans.

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Ahern faces questioning over loans scandal (Times Online)

Bertie Ahern, the Irish Prime Minister, today faces questioning in Parliament after he admitted accepting interest-free personal loans totalling £33,600 ( € 49,500) while Finance Minister in the 1990s....

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Bad loans up at Abbey (Daily Telegraph)

Abbey National has become the latest high street bank to unveil a jump in its bad loans as concerns mount about the levels of debt being taken on by Britons. Spanish-owned Abbey made provisions of £127m for the six months to June compared to £110m in the same period last year.

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