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November 30th, 2008

GE rushes to cap its losses in Australia - The Australian

GE rushes to cap its losses in Australia
The Australian, Australia - 8 hours ago
It has also been active in high interest rate unsecured personal loans, which some watchers say were targeted at borrowers with bad credit histories.

Where does money come from? - Examiner.com


BBC News
Where does money come from?
Examiner.com - 1 hour ago
The Fed loans the $100 to a commercial bank at 5% annual interest. But how can the commercial bank pay back $105 when there are only $100 in existence?
Treasurys Volatile as Stocks Sag Wall Street Journal
Federal government to blame for economic crisis Cherry Hill Courier Post
Credit measures carry risk Chicago Tribune
Briefing.com - Los Angeles Times
all 2,152 news articles

Eon bank to disburse RM100m in personal loans - Business Times - Malaysia


The Edge Daily
Eon bank to disburse RM100m in personal loans
Business Times - Malaysia, Malaysia - Nov 27, 2008
EON Bank expects to disburse RM100 million from its newly launched EON Bank Personal Loan scheme over the next 12 months, despite troubled economic
EON Bank cuts BLR to 6.5% Malaysia Star
Choose a region The Edge Daily
28-11-2008: EON: No slowdown in expansion next year The Edge Daily
all 4 news articles

Cost of personal loans soars in two months - Telegraph.co.uk


CEP News
Cost of personal loans soars in two months
Telegraph.co.uk, United Kingdom - Nov 27, 2008
The cost of personal loans has increased in the past two months despite the sharp fall in interest rates, new figures show. By Myra Butterworth, Personal
The World Bank, the IFC and the antecedents of the financial crisis Bretton Woods Update
ECB lends over 334b euros Straits Times
all 282 news articles

Moneysupermarket.com: Personal loans becoming more expensive - Money News


Metro
Moneysupermarket.com: Personal loans becoming more expensive
Money News, UK - Nov 28, 2008
Moneysupermarket.com has cautioned potential borrowers to be wary of personal loans, as they have become more expensive in recent weeks.
Borrowing rates 'at all-time high' London Stock Exchange
Borrower beware…loan rates at an all-time high Moneysupermarket.com (press release)
Cost of borrowing rockets Your Money Haven
all 12 news articles

Cost of loans up despite rate fall - The Press Association

Cost of loans up despite rate fall
The Press Association - Nov 27, 2008
The gap between the average cost of a personal loan and official interest rates has nearly doubled during the past two months, research has shown.

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Bad credit

November 29th, 2008

When credit cards attack - Minneapolis Star Tribune

When credit cards attack
Minneapolis Star Tribune, MN - 5 hours ago
Of course, if you are easily tempted by having lots of available credit, this is not the solution for you. Whether your credit is good or bad,

Bad Credit Car Loans – Buy your Dream Car without Credit Worries - SheKnows.com

Bad Credit Car Loans – Buy your Dream Car without Credit Worries
SheKnows.com, AZ - Nov 28, 2008
If you try to get yourself some financing for a brand-new car and you happen to have bad credit and you should consider getting yourself a Bad Credit Loan

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Personal loans

November 29th, 2008

Debt Settlement USA's Rising Consumer Debt Index Fueled by … - MarketWatch

Debt Settlement USA's Rising Consumer Debt Index Fueled by
MarketWatch - Nov 28, 2008
The mortgage delinquency rate reflected in the CDI is based on real estate loans including loans secured by one to four family properties, including home

US MBA’s Mortgage Applications Index Rose 1.5% Last Week - Bloomberg

US MBA’s Mortgage Applications Index Rose 1.5% Last Week
Bloomberg - Nov 26, 2008
The housing slump will probably extend well into a fourth year as borrowers find it difficult to obtain mortgage loans and foreclosures worsen the glut of
Refinancing Mortgage Loan, Countrywide Home Loan & Equity Loan Rates ScienceBlog.com
US Consumer Loan Aid Will Trickle Only So Far New York Times
Mortgage rate drop sparks surge in consumer interest San Jose Mercury News
Reuters - Arizona Republic
all 28 news articles

Correction: Fitch Publishes Ratings on CIT Mortgage Loan Trust 2007-1 - MarketWatch

Correction: Fitch Publishes Ratings on CIT Mortgage Loan Trust 2007-1
MarketWatch - Nov 26, 2008
20 and contains revised ratings on the transaction as highlighted below) Fitch Ratings publishes its ratings on CIT Mortgage Loan Trust 2007-1.

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Loans

November 29th, 2008

Hong Kong Mortgage Loans Fall 40% as Economy Slows (Update2) - Bloomberg


Property Wire
Hong Kong Mortgage Loans Fall 40% as Economy Slows (Update2)
Bloomberg - Nov 26, 2008
26 (Bloomberg) — Hong Kong mortgage loans fell for a third month in October as banks tightened lending amid an economic slowdown and a freeze in global
HK's mortgage loans fall 40% Homes Overseas
Hong Kong Housing Woes Wall Street Journal
all 31 news articles

Some Consumers Say Wall Street Failed Them - Wall Street Journal

Some Consumers Say Wall Street Failed Them
Wall Street Journal - 12 hours ago
She'd already taken roughly $10000 in a loan and hardship withdrawal from her 401(k) in her struggle to cover the mortgage payments.

US MBA’s Mortgage Applications Index Rose 1.5% Last Week - Bloomberg

US MBA’s Mortgage Applications Index Rose 1.5% Last Week
Bloomberg - Nov 26, 2008
The housing slump will probably extend well into a fourth year as borrowers find it difficult to obtain mortgage loans and foreclosures worsen the glut of
Refinancing Mortgage Loan, Countrywide Home Loan & Equity Loan Rates ScienceBlog.com
US Consumer Loan Aid Will Trickle Only So Far New York Times
Mortgage rate drop sparks surge in consumer interest San Jose Mercury News
Reuters - Arizona Republic
all 28 news articles

Debt Settlement USA's Rising Consumer Debt Index Fueled by … - MarketWatch

Debt Settlement USA's Rising Consumer Debt Index Fueled by
MarketWatch - Nov 28, 2008
The mortgage delinquency rate reflected in the CDI is based on real estate loans including loans secured by one to four family properties, including home

Banks will not stop mortgage loans in Romania, analysts believe - Financiarul

Banks will not stop mortgage loans in Romania, analysts believe
Financiarul, Romania - Nov 28, 2008
Banks will not stop granting mortgage loans in Romania and when the restrictions imposed by the National Bank of Romania (BNR) are lifted,
New credit requirements halve crediting Financiarul
all 3 news articles

Correction: Fitch Publishes Ratings on CIT Mortgage Loan Trust 2007-1 - MarketWatch

Correction: Fitch Publishes Ratings on CIT Mortgage Loan Trust 2007-1
MarketWatch - Nov 26, 2008
20 and contains revised ratings on the transaction as highlighted below) Fitch Ratings publishes its ratings on CIT Mortgage Loan Trust 2007-1.

Lawsuit Paints Loan Crisis In Black, White and Brown - Washington Post


The Associated Press
Lawsuit Paints Loan Crisis In Black, White and Brown
Washington Post, United States - 20 hours ago
In dollar terms, subprime and so-called "Alt-A" no-documentation loans accounted for 32 percent of all mortgage originations in 2005.
World stocks mixed in wake of upturn in US stocks The Associated Press
AP Executive Morning Briefing The Associated Press
all 65 news articles

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Personal loans

November 28th, 2008

Consumers hold tight to wallets - Seattle Times


BBC News
Consumers hold tight to wallets
Seattle Times, United States - Nov 27, 2008
Under the plan, the Federal Reserve will lend money to firms that provide student loans, auto loans and credit cards, as well as loans backed by the Small
White House Offers Economic Reassurance for the Holidays RTT News
Henry Paulson announces $800 billion more in federal aid on Los Angeles Times
New Facility Targets Consumer Lending Wall Street Journal
Salt Lake Tribune - Whitehouse.gov (press release)
all 1,289 news articles

Consumer loans are hurting Jacksonville credit unions - Jacksonville Business Journal

Consumer loans are hurting Jacksonville credit unions
Jacksonville Business Journal, FL - 13 hours ago
Maury Pilver is president and CEO of HealthAmerica Credit Union, which specializes in auto loans. NORTHEAST FLORIDA — Delinquent consumer loans — credit

US Consumer Loan Aid Will Trickle Only So Far - New York Times

US Consumer Loan Aid Will Trickle Only So Far
New York Times, United States - Nov 26, 2008
By RON LIEBER and TARA SIEGEL BERNARD If you’re buying a home, refinancing a mortgage or seeking an auto or student loan, the new government plans to make

Billions Coming for Mortgages, Credit Cards, Student & Car Loans - News10.net


Telegraph.co.uk
Billions Coming for Mortgages, Credit Cards, Student & Car Loans
News10.net, CA - Nov 25, 2008
other financial firms that hold Triple-A rated securities backed by "newly and recently originated" consumer loans, such as credit cards and auto loans.
US Moves to Revive Consumer Lending Washington Post
Meltdown 101: Why Fed can easily offer money help The Associated Press
Paulson announces new economic programs Cambodia News
National Post - Chicago Tribune
all 1,369 news articles

Editorial: Politicizing auto loan risks viability of Detroit Three - DetNews.com


The Associated Press
Editorial: Politicizing auto loan risks viability of Detroit Three
DetNews.com, MI - Nov 25, 2008
The auto executives certainly should have done a much better job making their case to the nation. Now, House and Senate leaders have asked General Motors
Big 3 Prepare Their Case For Congress: We Can Succeed, Give Us The Investor’s Business Daily (subscription)
US Automakers Told To Draft Viability Plan Washington Post
Congress Prepares to Reconsider Aid Package for Auto Makers Wall Street Journal
The Associated Press - guardian.co.uk
all 278 news articles

Area car dealers hope for bailout - Charlottesville Daily Progress


Washington Post
Area car dealers hope for bailout
Charlottesville Daily Progress, VA - 21 hours ago
Contributing to the lackluster sales, dealers said, is the financial industry’s tightening of lending standards for auto loans. Some 90 percent of vehicles
Commentary: Michigan's economic survival depends on loan DetNews.com
Personal About Politics: No Cinderella Story for Detroit’s Big Three Gather.com
US Auto Makers Look to Federal Sales Incentives Wall Street Journal
Detroit Free Press - New York Times
all 1,247 news articles

Circle BMW Reacts To New Term Assed-Backed Securities Loan Facility - WebWire (press release)

Circle BMW Reacts To New Term Assed-Backed Securities Loan Facility
WebWire (press release), GA - 11 hours ago
The US Treasury Department announced a new program to increase the availability of auto loans. The Federal Reserve will establish a $200 billion loan for

NADA Commends Action by Federal Reserve and Treasury to Increase … - MarketWatch


Washington Post
NADA Commends Action by Federal Reserve and Treasury to Increase
MarketWatch - Nov 25, 2008
He added that this will allow borrowers to have access to lower cost auto loans. "The economic health and well-being of our nation depend on a robust
Consumers get their bailout…sort of CNNMoney.com
Loans fund reaction cautious DetNews.com
US: Federal Reserve acts to support vehicle finance Automotive World (subscription)
KXMC - The Associated Press
all 655 news articles

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Personal loans

November 28th, 2008

Picks of the Week: Hacking, Rangel and Bad Loans - Washington Post

Picks of the Week: Hacking, Rangel and Bad Loans
Washington Post, United States - 1 hour ago
"It's just part of their personal financial diversification plan," the firm's chief executive, Brad A. Morrice, said. Those executive stock sales, however,

Cost of personal loans soars in two months - Telegraph.co.uk


Daily Mail
Cost of personal loans soars in two months
Telegraph.co.uk, United Kingdom - Nov 27, 2008
The cost of personal loans has increased in the past two months despite the sharp fall in interest rates, new figures show. By Myra Butterworth, Personal
Banks cash in by INCREASING lending rates for struggling customers Daily Mail
The World Bank, the IFC and the antecedents of the financial crisis Bretton Woods Update
ECB lends over 334b euros Straits Times
all 290 news articles

Eon bank to disburse RM100m in personal loans - Business Times - Malaysia


The Edge Daily
Eon bank to disburse RM100m in personal loans
Business Times - Malaysia, Malaysia - Nov 27, 2008
EON Bank expects to disburse RM100 million from its newly launched EON Bank Personal Loan scheme over the next 12 months, despite troubled economic
EON Bank cuts BLR to 6.5% Malaysia Star
28-11-2008: EON: No slowdown in expansion next year The Edge Daily
Choose a region The Edge Daily
all 4 news articles

Weekly Wrap - Briefing.com


Telegraph.co.uk
Weekly Wrap
Briefing.com, CA - 4 hours ago
Q3 GDP was revised down to -0.5% from -0.3%, durable orders slumped 6.2%, existing home sales fell 3.1%, new home sales dropped 5.3%, personal spending
Last Call for Smart Homeowners Motley Fool
Credit measures carry risk Chicago Tribune
Top 10 News Items 11/24-11/28: Citi Added to Gov't Bailout List StreetInsider.com (subscription)
Washington Post - The Associated Press
all 1,369 news articles

Moneysupermarket.com: Personal loans becoming more expensive - Money News


Metro
Moneysupermarket.com: Personal loans becoming more expensive
Money News, UK - 11 hours ago
Moneysupermarket.com has cautioned potential borrowers to be wary of personal loans, as they have become more expensive in recent weeks.
Borrowing rates 'at all-time high' London Stock Exchange
Borrower beware…loan rates at an all-time high Moneysupermarket.com (press release)
Cost of borrowing rockets Your Money Haven
all 11 news articles

100 000 Personal Loan - Cascade Policy Institute

100 000 Personal Loan
Cascade Policy Institute, OR - Nov 26, 2008
Re: Loan or private investor for 100000 Feb 20, 2008 12:33 PM We would love to fund projects at hand and offer personal loans as well to you, thinkcash loan

Cost of loans up despite rate fall - The Press Association

Cost of loans up despite rate fall
The Press Association - 19 hours ago
The gap between the average cost of a personal loan and official interest rates has nearly doubled during the past two months, research has shown.

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Bad credit

November 28th, 2008

Billions Coming for Mortgages, Credit Cards, Student & Car Loans - News10.net


Telegraph.co.uk
Billions Coming for Mortgages, Credit Cards, Student & Car Loans
News10.net, CA - Nov 25, 2008
other financial firms that hold Triple-A rated securities backed by "newly and recently originated" consumer loans, such as credit cards and auto loans.
US Moves to Revive Consumer Lending Washington Post
Meltdown 101: Why Fed can easily offer money help The Associated Press
Paulson announces new economic programs Cambodia News
National Post - Chicago Tribune
all 1,369 news articles

Editorial: Politicizing auto loan risks viability of Detroit Three - DetNews.com


The Associated Press
Editorial: Politicizing auto loan risks viability of Detroit Three
DetNews.com, MI - Nov 25, 2008
The auto executives certainly should have done a much better job making their case to the nation. Now, House and Senate leaders have asked General Motors
Big 3 Prepare Their Case For Congress: We Can Succeed, Give Us The Investor’s Business Daily (subscription)
US Automakers Told To Draft Viability Plan Washington Post
Congress Prepares to Reconsider Aid Package for Auto Makers Wall Street Journal
The Associated Press - guardian.co.uk
all 278 news articles

Area car dealers hope for bailout - Charlottesville Daily Progress


Washington Post