Tag Archives: loans
Valley Auto Loans Expanding to Offer Bad Credit Auto Loan Services in Canada as Well as the U.S.
GREENVILLE, SC — (Marketwired) — 05/03/13 — Valley Auto Loans has recently become a well-known name in the bad credit auto loan industry. Continue reading
Factbox: Key points to Mexico’s planned banking reform
Mexico’s government wants to boost lending by making it easier for banks to collect on guarantees for bad loans and by giving powers to regulators to punish firms that do not lend enough, according to a draft copy of the banking reforms seen by Reuters. Continue reading
Record Wall Street lifts Asian shares
By Chikako Mogi TOKYO (Reuters) – Wall Street's record closing overnight and optimism about the Chinese economy underpinned Asian shares on Thursday while the yen marked time before testing fresh lows against major currencies as the Bank of Japan's bold stimulus moves continue to kick in. Chinese banks made 1.06 trillion yuan of new local currency loans in March, central bank data showed on Thursday, well above market expectations and adding to evidence of an economic recovery being fuelled by ample credit. .. Continue reading
Interest on government student loans set to double this summer
The interest rate on new government-subsidized Stafford loans is set to double on July 1 – to 6.8 percent from 3.4 percent – unless Congress acts to stop it. And there’s no guarantee it will.Christian Walker, an economics and political science major at Northern Arizona University, needs Stafford loans to stay in school next year Continue reading
China’s big banks "faking" their micro loans: researcher
China’s big banks are not delivering on their promise to lend more to the smallest firms and are instead “faking” their micro loans, a researcher said on Saturday, suggesting a government drive to increase micro-lending is struggling. Continue reading
MARKET COMMENT: China Shares Tad Up, Helped By Gains In Financials
China’s shares are slightly higher midday, with financial stocks outperforming on a better than expected issuance of new yuan loans by Chinese financial institutions in March. Continue reading
Student Debt Diary: 5 Things I Wish I’d Known Before Borrowing
NEW YORK (MainStreet) –When I enrolled in graduate school at NYU in 2004, it was on a whim. I didn’t take the time to look for grants or scholarships, but went all in like a gambler, assuming a master’s degree from a top university would net enough cachet on the other side to boost my earning potential. In my humble estimation, borrowing money to further your education–whether it’s earning a degree for the first time or pursuing knowledge for the sake of a new career track–is worth it. Continue reading
China Big Four Banks Issued CNY228 Billion New Loans in March 1-24 -Report
China’s four largest state-owned banks issued 228 billion yuan ($36.7 billion) of new yuan loans in March 1-24, the 21st Century Business Herald reported Wednesday, citing unnamed “authoritative” sources. Continue reading
Westpac to Cut Branch Sizes Even as Sour Loans Fall
Westpac Banking Corp. (WBC.AU) Tuesday said it plans to cut costs by making its branches smaller, even as improving economic conditions have helped push its sour loans to a four-year low. Continue reading
Commonwealth Bank Gets Nod for Aussie Home Loans Buy
Australia’s competition watchdog won’t oppose Commonwealth Bank of Australia’s (CBA.AU) plans to take full control of mortgage broker Aussie Home Loans, Australia’s largest lender by market value said in a statement Thursday. Continue reading
