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I’m always looking at monthly services that we have and finding ways to pay a little less ... . The goal is to facilitate $100 million in loans to American families and businesses. You can vote ... Your Home Equity Lines of Credit (HELOC) From Being Frozen: Max It Out? Buy A Foreclosure For Under [more...]

Date: 2009-01-14 14:29:46

Blog posts (6) | Videos (28)
 

Small business loan support scheme unveiled by Mandelson

The government today unveiled a scheme to secure some £20 billion of short term lending to support ... to convert debt into equity. Phil Orford, chief executive of the Forum of Private Business, expressed [more...]

Date: 2009-01-14 17:29:05

Brown's hi-tech gamble on a new "Labour 3i"

All the headlines are focusing on the business loans guarantee scheme, ... . "We will buy shares in hi-tech companies that have a viable future sot hat they can transfer debt into equity ... it grow, I would like to see it extended. Not because I believe debt or credit are wrong, of course [more...]

Date: 2009-01-14 14:05:43

Car Loans

Like all sophisticates, ... a great job of detailing how the car loan business looked amidst the general credit madness: Here’ ... years and required a 20 percent down payment, which limited the kind of negative equity problem seen [more...]

Date: 2008-12-22 18:56:16

Goldman Sachs Predicts Loan Losses Will Top $2 Trillion

Despite all the hoopla about stimulus plans and bailouts rescuing Americans’ home equity and retirement accounts, ... — the losses that investors and financial institutions are potentially sitting on from bad loans… ... of $780 billion. Add in losses from commercial real estate, credit cards, auto debt and business [more...]

Date: 2009-01-15 23:05:05

BANKS FACE ANOTHER BAD YEAR IN 2009

Rising loan losses, the threat of more regulation and tougher competition adds up to another year of poor profits for banks BY DAVID ELLIS ... a significant deterioration in the health of their credit cards and home equity loan portfolios ... and business loans are starting to surface as well. “There is loan quality deterioration across [more...]

Date: 2008-12-22 15:14:10

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