Loans

Clergy working to help desperate avoid borrowing trouble through payday loans

01/22/2012 admin Loans

When Phil Snider began to hear from church members about their struggles to pay off small payday loans, he decided he wanted to know more about the issue. This week, the pastor of Brentwood Christian Church will be among clergy from around the state to meet in Jefferson City to learn about predatory lending practices [...]

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Law tightens rules on payday, auto title loans

01/22/2012 admin Loans

By Thanh Tan The Texas Tribune Payday lenders are coming under the microscope. New laws aimed at curbing predatory lending took effect last week, meaning payday and auto title loan businesses will have to be licensed by the state and post a schedule of fees in a visible place, similar to the overhead menus seen [...]

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Short Term Installment Loans – Cash Help That Is Now Easier To Pay Too

01/21/2012 admin Loans

There are many types of installment loans available in the market. But all these are not equally beneficial for the needs of the people of our country. Short term installment loans are the best suited and the most advanced cash loans. These loans are not only quick but also very simple to get and repay. [...]

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Mortgage Rates for 30-Year Fixed U.S. Loans Match the Record Low of 3.91%

01/20/2012 admin Loans

Mortgage rates (NMCMFUS) for 30-year US loans declined, matching the lowest level on record amid signs that demand for housing may be recovering. The average rate for a 30-year mortgage fell to 3.91 percent in the week ended today from 3.95 percent, Freddie Mac (FMCC) said in a statement. That rate, first reached last month, [...]

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BofA Loses Ruling Against MBIA in Fight Over Loans

01/19/2012 admin Loans

(Corrects CDS price in 20th paragraph of story originally published Jan. 3.) Bank of America Corp. (BAC) lost a ruling in a court fight against MBIA Inc. (MBI) that will help the bond insurer as it tries to recover losses on home loans made by the bank’s Countrywide Financial unit. MBIA, which says it was [...]

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Subsidised crop loans likely to be extended to farm equipment

01/18/2012 admin Loans

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State loans to aid energy savings

01/15/2012 admin Loans

It isn’t just environmentally sound to save energy. It also makes sense financially. To help finance the projects needed to reduce energy consumption and costs, manufacturers, small businesses, nonprofit groups and government agencies have access to a new source of low-interest loans. The Ohio Department of Development has started the Energy Loan Fund that can [...]

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Call for special loans to upgrade septic tanks

01/15/2012 admin Loans

EOGHAN MacCONNELL INTEREST-FREE loans should be offered to rural dwellers who face costly septic tank upgrades in order to comply with new Government measures, according to Irish Rural Link. Irish Rural Link the national network representing the interest of rural communities believes failure to provide such loans could see people brought before the courts or [...]

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The Interface Financial Group Offers Alternative Funding Solutions to Growing …

01/14/2012 admin Loans

BETHESDA, MD, Jan 06, 2012 (MARKETWIRE via COMTEX) – According to the Interface Financial Group (IFG), invoice factoring is a growing source of alternative funding for small to medium sized enterprises (SMEs). With struggling U.S. banks under pressure to raise capital and cut risks, some are severing the credit lines of select small-business customers, demanding [...]

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How to Restore Communities Blighted by Subprime Loans

01/09/2012 admin Loans

Soon a federal judge in California is likely to approve the “largest residential fair-lending settlement in history” ever reached by the Department of Justice in a bias case. The agreement requires Countrywide Financial Corporation to pay $335 million to African American and Latino borrowers who DOJ found to be the victims of Countrywide’s racially motivated fraud [...]

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