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January 30th, 2009

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Help for Paying Off Your Student Loans (US News & World Report)

A new program makes paying federal student loans more affordable for low-income borrowers.

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Beware Of Early Tax Refund Loans (WILX 10 Lansing)

Refund anticipation loans can be costly.

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Mizuho sinks into red on bad loans, stock losses (AP via Yahoo! Finance)

Bad loans and steep equity losses pushed Mizuho Financial Group Inc. deep into red in the third quarter, forcing the major Japanese bank to slash its full-year net profit outlook by 60 percent.

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Govt decree on state guarantees for loans to industrial enterprises tobe issued in days - Kudrin (Interfax)

MOSCOW. Jan 30 (Interfax) - A Russian governmental decree on state guarantees for loans to industrial enterprises is to be issued in the next few days, Deputy Russian Prime Minister, Russian Finance Minister Alexei Kudrin said in the State Duma on Friday.

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(AFX UK Focus) 2009-01-30 09:42 DAVOS-Russia’s VEB says banks sought $3 bln in loans (Interactive Investor)

DAVOS, Switzerland, Jan 30 (Reuters) - Russia state corporation VEB has received requests from 60 banks for about 100 billion roubles ($3.01 billion) in subordinated loans, VEB chief Vladimir Dmitriev told Reuters. VEB is entrusted with distributing 450 billion roubles of subordinated loans to banks. "We have received requests from about 60 banks for a total volume of about 100 billion roubles," ...

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DAVOS-UPDATE 1-Russia’s VEB says banks sought $3 bln in loans (The Forex Market)

DAVOS, Switzerland, Jan 30 (Reuters) - Russia state corporation VEB has received requests from 60 banks for about 100 billion roubles ($3.01 billion) in subordinated loans, VEB chief Vladimir Dmitriev told Reuters.

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In an about-face, Republicans push for cut-rate home loans in stimulus bill (Las Vegas Sun)

It sounds too good to be true, and it just might be: 4 percent, 30-year, fixed-rate mortgage loans to buy or refinance houses, guaranteed by Uncle Sam.

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Chrysler says it needs $3B more in loans (Detroit Free Press)

Chrysler LLC said Thursday it needs an additional $3 billion in loans from the federal government to close its deal with Fiat SpA. The deal also requires concessions from stakeholders that are in the terms of the $4 billion in loans it already has received.

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