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Latest No Credit Loans news:ICICI Q1 net meets f'cast; sees FY11 credit up 15 pct
* Sees strong credit demand from corporate, retail in FY11
Read more News Source - Reuters via Yahoo! Philippines News
Publish date - 12:16:38 07/31/10

The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - Business - United States - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 12:01:14 07/31/10

Some people can't get credit? Good!
Credit is a useful financial tool -- when it is extended and used responsibly. But given too freely, credit can wreak havoc on the whole economy. Where's the line?
Read more News Source - MSN Money
Publish date - 23:32:39 07/30/10

6 reasons to get a credit union car loan
A credit union car loan can be obtained through certain dealerships these days. Find out how.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 11:48:18 07/30/10

Bill would protect credit scores during mortgage modification
If you are lucky enough to get your lender to modify your mortgage, you shouldn't end up dogged by a miserable credit score. That's the essence of a bill introduced in Congress recently by U.S. Rep. Jackie Speier, D-Calif.
Read more News Source - Seattle Times
Publish date - 05:08:15 07/31/10

The changes on FHA loans and how they will affect borrowers and sellers
Seller concessions What are they? Contributions that sellers kick in to help defray a buyer's costs. They can include closing costs, inspections, appraisals and free upgrades. What's changing? The FHA proposes slashing allowable seller concessions in half, capping them at 3 percent of the home pr... Federal Housing Administration - United States - Business - Mortgage - Financial Services
Read more News Source - Washington Post
Publish date - 21:31:40 07/30/10

Desperate for capital, small businesses turn to private lenders
Business owners turned down by banks are taking out 'hard money' loans, often at sky-high interest rates. With financial help for the nation's small businesses locked in a congressional imbroglio and bank loans still tough to get, many smaller firms are turning reluctantly to high-dollar lenders of last resort.
Read more News Source - Los Angeles Times
Publish date - 00:25:51 07/31/10

Bank loans help to rebuild credit
Got bad credit? Don't despair. You can use your own savings to restore your ability to borrow.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 11:47:51 07/28/10

Money Matters: SBA loans
The Small Business Administration is a federal program that is helping small businesses secure loans. Shazia Khan filed the following report.
Read more News Source - YNN Rochester
Publish date - 09:13:23 07/30/10

Mitsubishi UFJ, Japanese Banks Beat Estimates as Bad Loans Fall
Mitsubishi UFJ Financial Group Inc., Japan’s biggest lender, led the nation’s banks in beating analysts’ profit estimates this week as bad loan costs fell and business confidence rose to a two-year high.
Read more News Source - BusinessWeek
Publish date - 23:30:22 07/30/10

Banks post high profits from H1 credit operations
VietNamNet Bridge – Many banks have reported hefty earnings in the first half of this year, with credit operations contributing the bigger part. Vietnam Export Import Commercial Bank (Eximbank) obtained an after-tax profit of VND823 billion in the period, up 15% from the same period last year.
Read more News Source - Vietnam Net
Publish date - 11:48:56 07/30/10

Obama Weekly Address: President Rips Republicans For Blocking Small Business Lending Bill (VIDEO)
What's Your Reaction? WASHINGTON - President Barack Obama is going after Senate Republicans who have stymied his proposal to create a $30 billion fund to help unfreeze lending for credit-starved small businesses.
Read more News Source - The Huffington Post
Publish date - 14:36:50 07/31/10

Upfront fees barred for debt settlement
Companies that promise to reduce or eliminate credit card balances and other debt for customers no longer will be allowed to charge an upfront fee.
Read more News Source - Great Falls Tribune
Publish date - 11:11:06 07/31/10

Venezuela to Tap $4 Billion of Chinese Credit Line for Development Efforts
Venezuela will tap $4 billion of a $20 billion long-term credit line with China to finance development projects, Vice President Elias Jaua said today.
Read more News Source - Bloomberg
Publish date - 19:55:31 07/29/10

Conspirator in bank fraud gets probation
Man who helped set up 34 loans to fake businesses given probation, ordered to pay back the $3 million he pocketed.
Read more News Source - San Antonio Express-News
Publish date - 21:39:24 07/30/10

GM deal is vindication for chairman of AmeriCredit
When AmeriCredit agreed to sell out to General Motors , Clifton Morris Jr. was barely mentioned. His name appeared once in a corporate timeline that was published with the Star-Telegram news story, the equivalent of a footnote for a man who helped create the subprime industry for auto loans.
Read more News Source - Fort Worth Star-Telegram
Publish date - 11:46:53 07/31/10

Bank loans help to rebuild credit
From 40 million to 50 million Americans are considered "underbanked" -- they have no credit or a "thin" credit file. Add to that the millions of families with bad credit from unemployment, mortgage meltdowns or other loan defaults , and you have a lot of people wondering what they can do to improve their credit plight.
Read more News Source - Bankrate.com
Publish date - 11:40:58 07/28/10

European Bank Stress Tests Worked: Sort Of
Market data is starting to provide an indication of whether the stress tests on the largest European banks had the desired effect on confidence.
Read more News Source - International Herald Tribune
Publish date - 20:42:18 07/30/10

Credit scores slide downward
Credit scores for a quarter of American consumers are now too low to qualify for a mortgage or credit card.
Read more News Source - The Christian Science Monitor
Publish date - 03:28:54 07/28/10


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