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 Bloomberg | Car and Student Loans Drive Borrowing Surge Wall Street Journal Household borrowing through credit cards, car loans, student loans and other installment debt—which excludes mortgages—rose at a seasonally adjusted 9.3% annual rate in December, following a 9.9% rise in November, the Fed said Tuesday. Consumer borrowing rose $19.3 billion in December |
Fisker Stops Work on Car Factory After US Blocks Loan - BusinessWeek
 DailyTech | Fisker Stops Work on Car Factory After US Blocks Loan BusinessWeek 7 (Bloomberg) -- Fisker Automotive Inc. said it halted work on a Delaware auto factory to make plug-in sedans after the US Energy Department blocked access to its federal loan, citing unmet milestones. Fisker, behind schedule in selling its first car ... Fisker announces layoffs as automaker misses targets, has DOE loans frozen Fisker Loses Access to DOE Loan, Lays Off Delaware Factory Employees U.S. loan on hold, Fisker electric-car plant stalls |
The Student Loan Crisis Is Crippling America's Families -- Is The Economy Next? - Forbes
 Forbes | The Student Loan Crisis Is Crippling America's Families -- Is The Economy Next? Forbes With student loan debt now topping US credit card debt and few or no options available for distressed borrowers (including parents who co-signed and now face the loss of nest eggs, retirement homes and other assets), America faces the very real ... Student loans the 'next debt bomb' for US, attorneys warn Memphis Rep. Steve Cohen pushes bill to ease student loan burden Survey: 4 Out 5 US Bankruptcy Attorneys Report Major Jump in Student Loan ... |
TEXT-S&P: US bank loan growth remains weak - Reuters
TEXT-S&P: US bank loan growth remains weak Reuters Feb 7 - A close look at US bank loan trends indicates that new lending is far from being on solid footing, said Standard & Poor's in an article published today, titled "US Bank Loans: Battling Back From The Recession As Growth Remains Weak. |
TD driving hard for auto loans - Globe and Mail
 Bloomberg | TD driving hard for auto loans Globe and Mail TD is looking to originate about $1-billion (US) a month in auto loans, with a total portfolio of about $25-billion in the US, Mr. Clark said. However, with the auto market showing signs of life, the bank is now coming up against more competition than ... Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: Cars Budget Basics of Bad Credit Auto Loans |
MONEY MARKETS-SEC money fund rules could roil bank loan rates - Reuters
MONEY MARKETS-SEC money fund rules could roil bank loan rates Reuters Money market funds provide billions in loans to banks through repurchase agreements, commercial paper and other loans. A pullback sparked by investor redemptions or from the funds simply closing down could have large market ripples. |
Itau Unibanco misses profit target, bad loans rise - Reuters
Itau Unibanco misses profit target, bad loans rise Reuters Loans in arrears may reach 5 percent of total loans before stabilizing by year-end, Setúbal said at a news conference to discuss fourth-quarter results on Tuesday. The so-called default ratio rose in the fourth quarter for a third quarter in a row. |
Senator seeks to alter payday loan rules - Columbia Daily Tribune
 Mortgage Introducer | Senator seeks to alter payday loan rules Columbia Daily Tribune Most borrowers using the high-cost credit use it responsibly, he noted, with only 6 percent of the 2.4 million loans made last year going unpaid. “Those in the industry will fight this legislation,” Lamping, R-Ladue, said during a hearing on his bill ... Mo. senator calls for changes to payday loan laws Senator calls for changes to payday loan laws |
Chinese banks extend 800 bln yuan of new loans in Jan -paper - Reuters
Chinese banks extend 800 bln yuan of new loans in Jan -paper Reuters SHANGHAI Feb 8 (Reuters) - Chinese banks extended about 800 billion yuan ($126.9 billion) in new loans in January, including 320 billion yuan from China's "Big Four" state lenders, the official China Securities Journal reported on Wednesday, ... China 'Big Four' Banks Issued CNY320 Billion New Yuan Loans In Jan -Report China Jan New Loans CNY800 Bln; 'Big Four' CNY320 Bln: Press |
Disaster assistance for small businesses - Islands' Weekly
Disaster assistance for small businesses Islands' Weekly San Juan County is one of 35 Washington counties and eight neighboring Oregon counties, now eligible for small, nonfarm businesses to apply for low-interest disaster loans from the US Small Business Administration. “These loans offset economic losses ... SBA 504 Loans Hit Record Low Interest Rate for February |
