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October 2009

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Harrah’s Entertainment buying back loans for $250M (AP via Yahoo! News)

Casino operator Harrah's Entertainment Inc. says it has agreed to pay $250 million to buy back some commercial loans at a fraction of their face value.

Written by Yahoo! News Search Results for loans on October 30th, 2009 with no comments.
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Sweden to crack down on SMS loans (AFP via Yahoo! News)

The Swedish government said Friday it would crack down on highly popular youth-targeted SMS loans, as the left-wing opposition demanded a total ban on the loans to minors.

Written by Yahoo! News Search Results for loans on October 30th, 2009 with no comments.
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SBA loans nosedive as economy languishes (Las Vegas Sun)

Federally backed small-business loans have dropped more than 50 percent in the past two years, a symptom of the receding economy, experts said.

Written by Yahoo! News Search Results for loans on October 30th, 2009 with no comments.
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Mortgage rates for fixed loans rise for third consecutive week (The Record and Herald News)

Mortgage rates for 30-year fixed U.S. home loans rose for a third consecutive week, making borrowing more expensive and threatening to erase signs of stabilization in the housing market.

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FinMin to take up insurance cover for study loans (Business Standard India)

Urged by banks, the Union finance ministry will give attention to a scheme to insure study loans. “The ministry will work out a note and the Indian Banks Association will then take this forward,” said a banker after a meeting yesterday between bank heads and Finance Minister Pranab Mukherjee.

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Consumers shun debt for home loans (News Mail)

CREDIT demand has slowed to its weakest rate in 16 years as businesses and consumers continue to shun debt despite appetite for home loans remaining strong.

Written by Yahoo! News Search Results for loans on October 30th, 2009 with no comments.
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Demand for loans hits 16 year low (Perth Now)

CREDIT demand has slowed to its weakest rate in 16 years as businesses and consumers continue to shun debt despite appetite for home loans remaining strong, economists say.

Written by Yahoo! News Search Results for loans on October 29th, 2009 with no comments.
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Rates on 30-year loans rise to 5.03 percent (San Francisco Chronicle)

Rates for 30-year home loans climbed to 5.03 percent this week, the third consecutive weekly increase. The average rate inched up from 5 percent a week earlier, mortgage company Freddie Mac said Thursday. The last time the average was higher was the week of... Sponsored Topics: Mortgage - Freddie Mac - Business - Loan - Financial Services

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Rates on 30-year loans rise to 5.03 percent (AP via Yahoo! News)

Rates for 30-year home loans climbed to 5.03 percent this week, the third consecutive weekly increase.

Written by Yahoo! News Search Results for loans on October 29th, 2009 with no comments.
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Rates on 30-year loans rise to 5.03 percent (AP via Yahoo! Finance)

Rates for 30-year home loans climbed to 5.03 percent this week, the third consecutive weekly increase. The average rate inched up from 5 percent a week earlier, mortgage company Freddie Mac said Thursday.

Written by Yahoo! News Search Results for loans on October 29th, 2009 with no comments.
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