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loans News Archive07-Aug-2005
- 'Call for probe into World Bank loans (Weekend Standard)
World Bank critics are training their fire on its loans to China, a capital-rich country on a buying spree for US bonds and companies, saying the bank's money should go to needy nations.- 'World Bank Loans to China Draw Criticism From U.S. Congressmen (Bloomberg.com)
U.S. Aug. 5 (Bloomberg) -- World Bank critics are training their fire on the institution's loans to China, a capital-rich country on a buying spree for U.S. bonds and companies, saying the bank's money should go to needy nations.- 'Experts wary of loans that grow (Austin American-Statesman)
Homeowners are cautioned to steer clear of option ARMs. Mortgage lenders in recent years have come up with all sorts of strategies to finance home purchases as prices have soared: no-down-payment programs, piggyback loans and, most recently, interest-only loans.- '$25 million from UBS beefs up Atkins loans (The Charlotte Observer)
Loans of Atkins Nutritionals, the company that was founded by the late diet guru Dr. Robert Atkins and filed for bankruptcy protection Sunday, rose four cents each after UBS AG lent it $25 million.- 'New Rules Could Cut Cheap Loans To Some High-Risk Borrowers (Washington Post)
You've seen the home loan pitches: "Refinance now!! 1 percent mortgages!! Save thousands of $$$$$ per year with our 1 percent option ARM!!"- 'Dueling Fools: Payday Loans Bear Rebuttal (The Motley Fool via Yahoo! News)
PayDay candy bars are a lot like payday loans. They're both a little nutty.- 'Dueling Fools: Payday Loans Bull Rebuttal (The Motley Fool via Yahoo! News)
Rick laid out some emotionally compelling arguments against payday loans. One of them posits that payday lenders (PDLs) are immoral because poor or uneducated people use them. Not only is that false -- since the fastest-growing segment in PDL usage is the $50-75K income earner, and 55% of PDL users have had some college education -- but the logic is faulty.- 'Noble needs loans to finish work on sewer line (The Oklahoman)
Aug 06, 2005: NOBLE - Even after a $250,000 grant, Noble officials still will need sizable loans to finish paying for 1.8 miles of sewer line work and water system needs.- 'Loans aid dairy farm upgrades in Wright (St. Cloud Times)
What exactly is the interest rate on these gov't loans? Article is abit vague. Cam an average citizen get one ... bet not!
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