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August 2008

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Consumers who don’t really need the money have no trouble getting loans, says this financial expert. (Bankrate.com)

Consumers who don't really need the money have no trouble getting loans, says this financial expert.

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Curbs on interest-only loans (Financial Times)

Lenders are taking a tougher line with borrowers who want to take out interest-only mortgages as they fear falling house prices could make it harder for these customers to eventually repay their loans.

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Five local businesses receive metro government loans (Louisville Courier-Journal)

A new restaurant in Valley Station and four other businesses have been awarded small-business loans from Louisville Metro Government.

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GM’s Lutz Calls For $50 Billion In Government-backed Loans (Fox News)

GM's Lutz Calls For $50 Billion In Government-backed Loans

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ACCC to probe CBA’s Aussie Home Loans purchase (Australian Broadcasting Corporation)

The corporate watchdog says it is investigating the Commonwealth Bank's (CBA) purchase of a third of the mortgage company Aussie Home Loans.

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Neri vows intensified collection of SSS loans, contributions (Philippine Daily Inquirer)

MANILA, Philippines—Romulo Neri, in his first press conference as president of the Social Security System, has vowed for the intensified collection of unpaid loans and contributions of members.

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Philippines Banks’ June Loans +24.2% On Year Vs May’s +15.4% (Nasdaq)

MANILA -(Dow Jones)- Outstanding loans of Philippine banks rose 24.2% on year in June, picking up momentum from a 15.4% gain in May, driven by higher demand for funds from the retail, utility, agriculture and transport sectors, the central bank said Friday.

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Philippines Banks’ June Loans +24.2% On Year Vs May’s +15.4% (Nasdaq)

MANILA -(Dow Jones)- Outstanding loans of Philippine banks rose 24.2% on year in June, picking up momentum from a 15.4% gain in May, driven by higher demand for funds from the retail, utility, agriculture and transport sectors, the central bank said Friday.

Written by Yahoo! News Search Results for loans on August 29th, 2008 with no comments.
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U.S. loans for car makers a top priority, UAW says (The Toledo Blade)

WASHINGTON — Congressional approval for low-interest U.S. loans to help automakers develop more fuel-efficient vehicles is a top priority for the United Auto Workers, Alan Reuther, the union’s legislative director, said in a telephone interview yesterday. “We disagree with those who say it’s a bailout for the companies.” General Motors Corp., Ford Motor Co., and Chrysler LLC, along with their ...

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GM says automakers deserve $50 billion in federal loans: report (Reuters via Yahoo! News)

Automakers deserve as much as $50 billion in government-backed loans so that they can build more fuel-efficient cars, according to a top General Motors executive, the New York Times reported.

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