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Latest Bad Credit Loan news:UniCredit May Post Fourth-Quarter Loss on Bad-Loan Provisions
March 12 (Bloomberg) -- UniCredit SpA , Italy’s biggest bank, may swing to a fourth-quarter loss after it put aside more money for bad debt and earned less from lending.
Read more News Source - Bloomberg
Publish date - 08:11:06 03/12/10

Loan Prices Reach 20-Month High as Interest Costs Dip (Update2)
March 12 (Bloomberg) -- The high-yield, high-risk leveraged loan market reached a more than 20-month high as companies, such as Fresenius SE , reduced minimum interest-rate floors to ensure a minimum return on new deals.
Read more News Source - Bloomberg
Publish date - 19:52:50 03/12/10

Land a Business Loan Despite Bad Personal Credit
Approach local bankers, informal investors, and peer-to-peer lenders, such as Prosper and Zopa, and talk up revenue history, accounts receivable, and inventory
Read more News Source - BusinessWeek
Publish date - 19:44:07 03/09/10

VTB bad debt unit claws back fifth of debt
* Clawed back 15 bln roubles of 70 bln worth of bad debt
Read more News Source - Reuters via Yahoo! Malaysia News
Publish date - 15:27:27 03/12/10

Simply Money: Prepaid card won't build credit
The only way to build credit is to open a line of credit that will report to the credit bureaus.
Read more News Source - The Cincinnati Enquirer
Publish date - 10:48:12 03/12/10

Latvia Elections Likely to ‘Weigh On’ Credit Rating (Update1)
March 11 (Bloomberg) -- Latvian elections this autumn threaten to hamper government efforts to push through austerity measures vital to its international bailout, burdening the country’s credit rating, Fitch Ratings said.
Read more News Source - Bloomberg
Publish date - 18:00:46 03/12/10

Exclusive: Former head of leading Yorkshire credit union is arrested on suspicion of fraud
THE former chief executive of England's biggest credit union has been arrested on suspicion of fraud, the Yorkshire Post can reveal today.
Read more News Source - Yorkshire Post
Publish date - 00:25:33 03/12/10

Dubai World Seeks to Separate ‘Good’ Firms From ‘Bad’ (Update2)
March 12 (Bloomberg) -- Dubai World, the state-owned holding company restructuring $26 billion in debt, is seeking to separate “good” businesses from underperforming assets as part of its restructuring plan, the head of the city’s airline said.
Read more News Source - Bloomberg
Publish date - 13:45:38 03/12/10

Microlending Club helps Third World country entrepreneurs
If you live in a third Third World country, have bad credit and need a loan, UC Davis's very own Microlending Club just might be able to help.
Read more News Source - The California Aggie
Publish date - 07:53:01 03/11/10

Come on BSN. Bad service is
In reply to LONG WAIT FOR LOAN REFINANCING CHEQUE : Come on BSN. Bad service is bad service. No excuse.
Read more News Source - The Malay Mail
Publish date - 05:25:18 03/12/10

The good, the bad and the ugly in real estate
This week, I was invited by a bank for a day tour to see some of their properties that they had taken back. They wanted my insight as to what they were doing and how to sell these properties quickly and at a fair price.
Read more News Source - The Evening Sun
Publish date - 16:20:56 03/12/10

Bond Spreads at Narrowest This Year Lure GMAC: Credit Markets
March 11 (Bloomberg) -- Corporate bond yields fell to the lowest this year relative to benchmark government securities, luring GMAC Inc. to sell its longest-maturity notes since 2004.
Read more News Source - Bloomberg
Publish date - 21:07:42 03/11/10

Dubai World seeks to separate ‘good’ firms from ‘bad’
‘We are always behind Dubai World’ - Sheikh Ahmed.
Read more News Source - Arabian Business
Publish date - 13:57:12 03/12/10

Subprime Lending Crisis: Auto Loans Thrive, Housing Down
In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores
Read more News Source - Time Magazine
Publish date - 17:30:10 03/11/10

Talking Money: Now’s the time to prepare for rising interest rates
If you have a variable-rate credit card, or an adjustable-rate mortgage, or a savings account, you’ve likely noticed that throughout this recession, your interest rates have gone down—in some cases, by quite a bit. That’s a good thing when it comes to the money you borrow, but a bad thing when it comes to the money you save. Even the best savings accounts aren’t paying much more than 1 percent ...
Read more News Source - Richmond Times-Dispatch
Publish date - 20:36:47 03/11/10

"Cash for keys" aids home borrowers, investors
Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house.
Read more News Source - Reuters via Yahoo! News
Publish date - 19:25:22 03/12/10

Home Front: California mortgage crisis hits upscale Rocklin couple
When California baby boomers envisioned the background music of their lives at this stage, most surely they never pictured layoffs, lowered incomes, negative equity and wrangling with lenders over loan modifications.
Read more News Source - The Sacramento Bee
Publish date - 08:05:09 03/12/10

Moody's downgrade means Burlington will pay more to borrow
Loan to Burlington Telecom left Burlington in vulnerable state. • Read complete Moody's report on Burlington's downgraded credit rating • More Burlington news
Read more News Source - The Burlington Free Press
Publish date - 20:38:02 03/11/10

Lloyds Banking to Allow Extra Mortgage Repayments Until 2011
Lloyds Banking Group Plc, Britain’s biggest home-loan lender, will allow customers to increase mortgage repayments without penalty, as the bank seeks to cut its 1.03 trillion-pound ($1.55 trillion) balance sheet.
Read more News Source - BusinessWeek
Publish date - 18:52:45 03/11/10


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