July 26th, 2010
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In wake of the Deepwater BP Oil Spill, Economic Injury Disaster Loans are available to help those affected by the imposed moratorium. Economic Injury Disaster Loans are working capital loans to help small businesses, small agricultural cooperatives and most private, non-profit organizations of all sizes meet their ordinary and necessary financial obligations that cannot be met as a direct result ...
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Allan Hawkins Budget Loans, a subsidiary of Cynotech Holdings that took on the National Finance 2000 loan book, has pleaded guilty for misleading investors.
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Overdue loans soared by 67 per cent in the first semester, at RON 13.6 bln, and their ratio out of total loans rose from 4.05 per cent to 6.4 per cent, according to data published, yesterday, by the National Bank of Romania (BNR). The value of overdue loans was, at the end of June, RON 5.4 bln above December 2009 figures and RON 992 M above the May balance.
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Budget Loans Ltd has been pinged for misrepresenting its rights and charging fees to debtors in a loan book it purchased. Budget Loans pleaded guilty to 34 charges of breaching the Fair Trading Act in the Auckland District Court today, according to the Commerce Commission. It was fined $30,750. When Budget Loans took over National Finance 2000 Ltd's loan book in 2006, it sent a welcome letter to ...
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The People's Bank of China (PBOC) said Friday that total outstanding loans from major financial institutions to the country's property market, as of the end of June, climbed 40.2 percent from one year earlier.
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New loans for home purchases in the first half of 2010 totaled 932.3 billion yuan.
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As concerns about bad loans continue to weigh on Chinese bank valuations despite their robust profits, some analysts say that while loss write-downs will likely increase in coming quarters, the situation is far from alarming.
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Every year on July 1, with summer in full swing and fall tuition payments on the horizon, interest rates on federal student loans reset. But this year, along with rate decreases on some loan types, came major changes to the way students will borrow money in the coming years.
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