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November 29th, 2009

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ISAC to provide $66 million in loans (Daily Vidette)

The Illinois Student Assistance Commission has released information that they still have $66 million available in student loans next semester.

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China Big Four Banks Had 100 Billion November Loans, Today Says (Bloomberg)

Nov. 30 (Bloomberg) -- China’s four biggest banks had about 100 billion yuan of new loans in November, Beijing Business Today reported, citing an unidentified person.

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China May Have 7 Trillion Yuan New Loans Next Year, News Reports (Bloomberg)

Nov. 30 (Bloomberg) -- China may have 6 trillion yuan to 7 trillion yuan of new bank lending next year, China Business News reported today, citing an unidentified regulatory official. The nation may have 9.7 trillion yuan of new loans this year, according the Shanghai-based newspaper.

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Banks report rise in 9-mo auto, housing loans (Philippine Daily Inquirer)

Car and housing loans extended by banks rose by 17.4 percent as of September, as demand for automobiles and residential properties continued to rise despite the hard times.

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Michigan briefcase: Panel hearing on loans set for Southfield (Detroit Free Press)

A congressional subcommittee plans to hold a field hearing in Southfield on Monday, taking testimony on how small businesses are still struggling to get loans with local banks.

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Text message loans service is a costly convenience (Guardian Unlimited)

TxtLoan lends £100 over a seven-day period with an APR of 994%, and the additional costs can quickly mount A company offering loans by text message has opened in Britain, and is promising it can get money into people's bank accounts within minutes. TxtLoan claims it could throw a lifeline to people experiencing a sudden small-scale cash crisis. It says it has already come to the aid of ...

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