Bad credit

GMAC posts loss of $598M - DetNews.com

Earthtimes (press release)

GMAC posts loss of $598M DetNews.com, MI - 8 hours ago … twice the loss from the same time period a year ago — as continuing red ink in its mortgage unit swallowed profits from auto loans and insurance. … GMAC Records a Steeper Loss As Auto Lending, ResCap Weigh Wall Street Journal GMAC Posts $589 Million Loss on Home Lending Woes (Update2) Bloomberg GMAC posts $589 mln loss on mortgage woes guardian.co.uk The Associated Press - Reuters all 132 news articles

Cetelem forecasts stagnation on the loan market - Ziarul Financiar

Cetelem forecasts stagnation on the loan market Ziarul Financiar, Romania - 16 hours ago We tested personal loans last year and expect very good results this year. Other avenues for growth will be the auto loans and mortgage loans," says Boaje. …

Berkshire Hills Reports 22% Earnings - Ad-Hoc-News (Pressemitteilung)

Earthtimes (press release)

Berkshire Hills Reports 22% Earnings Ad-Hoc-News (Pressemitteilung), Germany - 13 hours ago Total loans decreased by $9 million (2% annualized) due to a $16 million reduction in indirect auto loans which was partially offset by a $10 million … TriCo Bancshares Announces Quarterly Earnings WELT ONLINE Old National Bancorp Q1 2008 Earnings Call Transcript Seeking Alpha HF Financial Corp. Quarterly Earnings Per Share Increase 60 … Earthtimes (press release) SunHerald.com - SunHerald.com all 358 news articles

Banks may hike auto loan rates to retain margins - Economic Times

Banks may hike auto loan rates to retain margins Economic Times, India - 16 hours ago Such a move is likely to impact both car and two-wheeler loans. And bankers reckon that this would not be the last of the hikes. Margins on new car loans … Car buyers are in for a double blow Financial Express You may not get a loan for that laptop Sify Get ready to pay more for your dream car Economic Times Economic Times all 6 news articles

David Phillips - DetNews.com

David Phillips DetNews.com, MI - 8 hours ago More than a quarter of borrowers now have auto loans that are upside down — the vehicle is worth less than the loan balance. …

Auto Loans for People with Poor Credit – A sigh of Relief - Best Syndication

Best Syndication

Auto Loans for People with Poor Credit – A sigh of Relief Best Syndication, CA - 17 hours ago Due to this reason majority of the lenders are coming forward to offer Auto Loans for People with Poor Credit. Auto Loans for People with Poor Credit … Poor Credit Auto Loans – Credit is No Bar for Your Dream Car Best Syndication Personal Loans Rate: Compare First! Best Syndication all 3 news articles

Merrill, Goldman Among Firms Starting Muni Credit Default Index - Bloomberg

Merrill, Goldman Among Firms Starting Muni Credit Default Index Bloomberg - 17 hours ago Markit said banks last month shelved plans for indexes intended to allow investors to speculate on the $200 billion market for bonds backed by US auto loans …

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Loans

GMAC posts loss of $598M - DetNews.com

Earthtimes (press release)

GMAC posts loss of $598M DetNews.com, MI - 8 hours ago … twice the loss from the same time period a year ago — as continuing red ink in its mortgage unit swallowed profits from auto loans and insurance. … GMAC Records a Steeper Loss As Auto Lending, ResCap Weigh Wall Street Journal GMAC Posts $589 Million Loss on Home Lending Woes (Update2) Bloomberg GMAC posts $589 mln loss on mortgage woes guardian.co.uk The Associated Press - Reuters all 132 news articles

Banco Daycoval Announces 1Q08 Results - PR Newswire (press release)

Banco Daycoval Announces 1Q08 Results PR Newswire (press release), NY - 3 hours ago Retail products (payroll and auto loans) were the main driver of this growth, reaching 33.8% of the total portfolio; Loan Loss Provisions (LLP) corresponded …

Auto Loans for People with Poor Credit – A sigh of Relief - Best Syndication

Best Syndication

Auto Loans for People with Poor Credit – A sigh of Relief Best Syndication, CA - 17 hours ago Due to this reason majority of the lenders are coming forward to offer Auto Loans for People with Poor Credit. Auto Loans for People with Poor Credit … Poor Credit Auto Loans – Credit is No Bar for Your Dream Car Best Syndication Personal Loans Rate: Compare First! Best Syndication all 3 news articles

David Phillips - DetNews.com

David Phillips DetNews.com, MI - 8 hours ago More than a quarter of borrowers now have auto loans that are upside down — the vehicle is worth less than the loan balance. …

Cetelem forecasts stagnation on the loan market - Ziarul Financiar

Cetelem forecasts stagnation on the loan market Ziarul Financiar, Romania - 16 hours ago We tested personal loans last year and expect very good results this year. Other avenues for growth will be the auto loans and mortgage loans," says Boaje. …

Banks may hike auto loan rates to retain margins - Economic Times

Banks may hike auto loan rates to retain margins Economic Times, India - 16 hours ago Such a move is likely to impact both car and two-wheeler loans. And bankers reckon that this would not be the last of the hikes. Margins on new car loans … Car buyers are in for a double blow Financial Express You may not get a loan for that laptop Sify Get ready to pay more for your dream car Economic Times Economic Times all 6 news articles

Merrill, Goldman Among Firms Starting Muni Credit Default Index - Bloomberg

Merrill, Goldman Among Firms Starting Muni Credit Default Index Bloomberg - 17 hours ago Markit said banks last month shelved plans for indexes intended to allow investors to speculate on the $200 billion market for bonds backed by US auto loans …

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Bad credit

Pandit's `Closer to End' Means No Escaping LBO Loans (Update2) - Bloomberg

Pandit's `Closer to End' Means No Escaping LBO Loans (Update2) Bloomberg - 1 hour ago By offering to finance the sales, banks can receive higher prices for the loans. Deutsche Bank sold loans for about 90 cents on the dollar, according to … Schwarzman, Kravis Cash Pile Grows With Risk of Reduced Returns Bloomberg all 2 news articles

Rising interest rates and low interest employer loans - Namibian

Rising interest rates and low interest employer loans Namibian, Namibia - 4 hours ago Low-interest loans granted by the employer to the employee are specifically dealt with in this notice. In essence the difference between what is referred to …

Lenders squeeze profits from personal loans - Times Online

MyFinances.co.uk

Lenders squeeze profits from personal loans Times Online, UK - 2 hours ago Since the beginning of the year more than half of lenders offering personal loans have made changes to their rates.” Black Horse has increased rates for … Credit crunch hits personal loans Bridging and Commerical Personal loans bitten by credit crunch MyFinances.co.uk Lenders continue to up rates on loans London Stock Exchange Fair Investment Company all 7 news articles

North Valley Bancorp Reports Results for Quarter Ended March 31, 2008 - CNNMoney.com

Business Wire (press release)

North Valley Bancorp Reports Results for Quarter Ended March 31, 2008 CNNMoney.com - 1 hour ago When compared to December 31, 2007, total assets decreased slightly from $949019000, while loans increased by $4335000, or 0.6%, from $746253000 and … Tennessee Commerce Bancorp Reports Record First Quarter Assets … Business Wire (press release) BankAtlantic Bancorp Reports Financial Results For the First … WELT ONLINE Beach Business Bank Reports Earnings for the Quarter CNNMoney.com WELT ONLINE - CNNMoney.com all 106 news articles

BoCom First-Quarter Profit Doubles on Loans, Fees (Update2) - Bloomberg

Thanh Nien Daily

BoCom First-Quarter Profit Doubles on Loans, Fees (Update2) Bloomberg - 3 hours ago It also expanded outstanding loans 6.3 percent in the period as China's economy grew at more than 10 percent for nine straight quarters. … BOC net gains from loans and lower tax Shanghai Daily ICBC quarterly net income rises 77% to $4.74 billion MarketWatch Bank of China profit soars 85 percent in first quarter International Herald Tribune Bloomberg all 229 news articles

Consolidating student loans at a lower rate gets tougher - USA Today

Washington Post

Consolidating student loans at a lower rate gets tougher USA Today - 11 hours ago But graduates who boast about the great deals they got on their federal student loans probably aren't exaggerating. As recently as three years ago, … Economic shifts complicate college loans Daily Hampshire Gazette (subscription) Lower rates make consolidation of federal education loans look … Chicago Tribune Hillary Clinton’s Plan to Address the Student Loan Crisis All American Patriots (press release) Washington Post - San Francisco Chronicle all 15 news articles

No Bailout for Student Loans, No Taxpayer Risk - Wall Street Journal

Washington Post

No Bailout for Student Loans, No Taxpayer Risk Wall Street Journal - 9 hours ago Last year, by reducing excessive subsidies to lenders, we were able to help millions of students receive cheaper federal loans, increased grant aid, … Video: Bush Prods Congress on Student Loan Bill AssociatedPress Federal help needed for student loans The Heights (subscription) Bush Urges Expanded Government Role in Buying Student Loans Bloomberg Washington Times - Wheeling News Register all 227 news articles

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Personal loans

HBOS warns securitization to stay shut in 2008 - Reuters

HBOS warns securitization to stay shut in 2008 Reuters - 2 hours ago Securitization has been a key route for banks to offload exposure to consumer loans such as mortgages, credit card debt and auto loans, freeing up their …

GMAC 1Q loss widens on declining auto finance income - The Associated Press

GMAC 1Q loss widens on declining auto finance income The Associated Press - 30 minutes ago ResCap lost $682.5 million on the sale of international mortgage loans during the quarter. The lender is restructuring international operations to improve …

Stocks: Ready for Better Times? - BusinessWeek

BusinessWeek

Stocks: Ready for Better Times? BusinessWeek - 10 hours ago … more big losses are still possible not just from subprime mortgages, but home-equity loans, credit cards, auto loans, and many other forms of credit. …

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Personal loans

Guaranty Financial Group loses $10 million in 1Q - CNNMoney.com

Guaranty Financial Group loses $10 million in 1Q CNNMoney.com - 1 hour ago Bad credit pinched the income from the bank's $10.1 billion loan portfolio. Guaranty Financial set aside $58 million to cover loans the bank does not expect …

Pacific Capital still expects increase in profit in '08 - CNNMoney.com

Pacific Capital still expects increase in profit in '08 CNNMoney.com - 1 hour ago The tax loans are doing well, but the core banking business is suffering from bad loans to homebuilders. The bank expects it will need to maintain a hefty … Pacific Capital 1Q profit rises on tax-refund loan products CNNMoney.com all 12 news articles

$900M loss and more bad loans - Countrywide - CNNMoney.com

CNNMoney.com

$900M loss and more bad loans - Countrywide CNNMoney.com - 17 minutes ago During the quarter, the company said it was forced to set aside an additional $1 billion for credit losses. In a sign of just how bad things have gotten, …

Student loans: The latest credit crisis - Arizona Daily Wildcat

Student loans: The latest credit crisis Arizona Daily Wildcat, AZ - 5 hours ago … on top of the request - earlier this month, they passed a bill that would give the US Department of Education broad new authority to buy up bad loans.

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Loans

Personal loans bitten by credit crunch - MyFinances.co.uk

MyFinances.co.uk

Personal loans bitten by credit crunch MyFinances.co.uk, UK - 3 hours ago Interest rates on personal loans are following mortgages as the credit crunch starts to squeeze all borrowers. In the last two week a number of firms have … Lenders continue to up rates on loans London Stock Exchange all 2 news articles

You may not get a loan for that laptop - Sify

You may not get a loan for that laptop Sify, India - 7 hours ago Like in most credit cards, these personal loans also have a free credit period of around 45-50 days. After that the repayment EMIs start. … ICICI Bank shutters consumer loans unit Sify all 4 news articles

Has the Financial Industry's Heyday Come and Gone? - Wall Street Journal

Has the Financial Industry's Heyday Come and Gone? Wall Street Journal - 13 hours ago In the first quarter, profit from GE's financial businesses, which extend credit from personal loans to factory purchases, represented 56% of profit. …

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Loans

ICICI Bank shutters consumer loans unit - Sify

ICICI Bank shutters consumer loans unit Sify, India - 14 hours ago Only 2-3% of ICICI's loans, for example, are given to buy consumer durables, compared with 50% for home loans, 30% to auto loans and 17% for personal loans. …

Instant Auto Loans - Fast Ride for Your Vision - Best Syndication

Best Syndication

Instant Auto Loans - Fast Ride for Your Vision Best Syndication, CA - Apr 25, 2008 Why to take such tension if instant auto loans are ready to give the car money at any time. The only thing you have to do is to sit in front of computer and …

Community banks note higher earnings - Buffalo News

Community banks note higher earnings Buffalo News,  United States - 7 hours ago loans and a 32.3 percent jump in indirect auto loans. Commercial real estate, agricultural and consumer direct and home equity loans fell. …

Online Auto Loans No Credit Check – Your Vision Drives - Best Syndication

Best Syndication

Online Auto Loans No Credit Check – Your Vision Drives Best Syndication, CA - Apr 25, 2008 Mainly auto loans are taken for fulfilling various automotive needs. Want an auto loan immediately and don't want anyone to check your credit history. …

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Loans

New mortgage loans rise 12.3% in HK - Xinhua

New mortgage loans rise 12.3% in HK Xinhua, China - Apr 25, 2008 HONG KONG, April 25 (Xinhua) — Hong Kong's new mortgage loans drawn down in March rose 12.3 percent to 20.6 billion HK dollars ( 2.65 billion US dollars), … Monetary chief: Yuan deposit surge no threat to Hong Kong dollar Xinhua all 6 news articles

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Bad credit

New mortgage loans rise 12.3% in HK - Xinhua

New mortgage loans rise 12.3% in HK Xinhua, China - Apr 25, 2008 HONG KONG, April 25 (Xinhua) — Hong Kong's new mortgage loans drawn down in March rose 12.3 percent to 20.6 billion HK dollars ( 2.65 billion US dollars), …

Hong Kong March new mortgage loan approvals up 5.2 pct mth-on-mth - Forbes

Hong Kong March new mortgage loan approvals up 5.2 pct mth-on-mth Forbes, NY - Apr 25, 2008 HONG KONG (XFN-ASIA) - New mortgage loans approved by 23 authorized institutions in Hong Kong in March stood at 24.7 bln hkd, up 5.2 pct from February, …

Goldman Sachs mortgage head Dan Sparks quits - MarketWatch