Monthly Archives: October 2013

Payday Loans Prey on the Vulnerable

Posted by & filed under Payday Loans.

Financially-strapped individuals turn to payday loans when they need cash between paychecks and have exhausted every other option. These borrowers are rarely eligible for other kinds of credit, and don’t want to borrow from family and friends. Each year, about 12 million borrowers take out payday loans. The US Consumer Financial Protection Bureau calls payday […]

Koor sells another 6.2 million Credit Suisse shares

Posted by & filed under Credit.

JERUSALEM Oct 13 (Reuters) – Israeli holding company Koor Industries has sold another 6.2 million shares in Swiss bank Credit Suisse for 175.87 million Swiss francs ($193 million), the company said on Sunday. Koor expects to post a capital gain of 17 million shekels ($4.8 million) in the fourth quarter. The company said it used […]

Not much off take expected for auto loans

Posted by & filed under Auto Loans.

CHENNAI: The recent reduction in auto loan interest rates by certain nationalised banks will not have a direct impact on motor sales. This is mainly because the overall cost of ownership is high and continues to rise steadily due to the frequent rise in fuel prices. The freeing up of petrol prices from June 2010 […]

Corporation Bank cuts lending rates on home, auto loans

Posted by & filed under Auto Loans.

New Delhi: State-owned Corporation Bank today reduced interest rates on home, auto and consumer durables loans by up to 1.75 per cent to cash in on the festival season demand. The bank cut lending rate on home loans by 0.50 per cent, while the reduction in rates for auto loans is 1 per cent. The […]

US cotton farmers seek bank aid as government shutdown drags

Posted by & filed under Commercial Loans.

NEW YORK (Reuters) – Suspension of some $3 billion worth of federal loans due to the US government shutdown has forced cotton farmers to turn to commercial banks for aid, boosting their costs and further complicating the upcoming harvest in the worlds largest cotton exporter. The two-week shutdown struck farmers at the start of the […]

Finance Acceleration Revealed 3 Methods to Overcome Bad Credit

Posted by & filed under Bad Credit Loans.

New York, NY (PRWEB) September 28, 2013 Finance Acceleration composed a series of methods to assist consumers in overcoming bad credit to obtain loans, better interest rates on borrowed money, and to assist in the securing of a rental unit. Many consumers are unaware of their credit score, or are unaware of how this score […]

Senate Republicans expected to block bill to raise debt limit: source

Posted by & filed under Debt.

WASHINGTON (Reuters) – Republicans in the Senate are expected to block on Saturday a bill by President Barack Obamas Democrats to increase the US debt limit through 2014, a senior congressional aide said. The aide said Democrats were prepared to try to build up support and bring up the bill again in coming days. The […]

How to Avoid Identify Theft Explained By Complete Auto Loans

Posted by & filed under Auto Loans.

Seattle, WA (PRWEB) October 18, 2013 Identify theives are out there, ready to pounce on an unsuspecting victim. Plenty of companies exist to protect individuals and the public from these attacks, but personal care in protecting ID is still vitally important. Complete Auto Loans outlines various measures for protecting this valuable asset in a recent […]

Credit Unions Continue To Make Business Loan Gains

Posted by & filed under Commercial Loans.

Credit unions across the board continue to be a popular choice with business owners throughout the country. A recent analysis by Biz2Credit Small Business Lending Index points to national credit union member business loan (MBL) growth up 45.3% in August, proving that credit unions continue to be a necessary resource for business owners. Individually, state […]