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December 2009

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Micro-credit loans for the needy next year (The Star)

AMBANK Group is set to start micro-credit loans for poor families nationwide under its MyKasih Community Development Programme next year, said chairman Tan Sri Azman Hashim.

Written by Yahoo! News Search Results for loans on December 30th, 2009 with no comments.
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Lawsuit Alleges Assessment of Improper Charges in Conjunction with Automobile Loans (PRWeb)

Lawsuit claims that Louisiana-based Crescent Bank & Trust imposes greater fees, penalties, and interest upon its customers in conjunction with their automobile loans than is authorized by the loan agreements. (PRWeb Dec 30, 2009) Read the full story at http://www.prweb.com/releases/2009/12/prweb3392694.htm

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Billions to Fight Foreclosure, but Few New Loans (New York Times)

New Yorkers in danger of losing their homes meet lawyers sent to make their loans more manageable. But they soon learn that lenders have little incentive to go along.

Written by Yahoo! News Search Results for loans on December 29th, 2009 with no comments.
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Many College Students Default On Loans (Northland’s News Center)

Many Northland college students are enjoying their semester break. But there's no financial vacation for scholars when it comes to paying back their loans.

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Borrowers focus on reducing home loans, sharpening fears for recovery (Times Online)

Mortgage borrowers reduced their home loans by nearly £5 billion between July and September, figures indicated yesterday, adding to fears that weak consumer spending could undermine the economic recovery as Britons concentrated on minimising their debts.

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Brazil’s BNDES Makes Record $79 Billion Loans In 2009 - Estado (Nasdaq)

RIO DE JANEIRO -(Dow Jones)- Brazil's Development Bank, or BNDES, made record loans worth 137 billion Brazilian reals, or $79 billion, in 2009, the Estado news agency reported Tuesday.

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FCDU loans rise as of end-September (GMA News)

Loans granted by banks" foreign currency deposit units (FCDU) rose by 4 percent to $4.8 billion at the end of September from the second quarter, due mainly to higher loan releases versus repayments.

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USDA disaster declaration sets emergency farm loans (The Huntsville Times)

Alabama farmers can apply for low-interest emergency loans from the Farm Service Agency, thanks to a Christmas Eve disaster declaration by the U.S. Department of Agriculture.

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Credit union chief: Cash infusion would fund more loans (Las Vegas Sun)

The reinstated chief executive of Silver State Schools Credit Union said Monday that the credit union is poised to expand by issuing more loans once it finalizes a deal to receive a cash infusion this week. In an interview with the Las Vegas Sun, Dave Rhamy said the Las Vegas-based credit union — Nevada’s largest with 79,000 members — isn’t in danger of failing, is losing less money and should ...

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Commercial banks requested to provide loans for production (Nhân Dân)

Nhan Dan Online - The Governor of the State Bank of Vietnam has requested the chairpeople of the Board of Directors and the general directors of commercial banks to provide loans for enterprises and households in order to promptly meet the current seasonal capital demand for agricultural - forestry - aquatic – salt production.

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