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Category archives for: Loans

State board OKs loans for Allen Park, Highland Park – The Detroit News

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State board OKs loans for Allen Park, Highland ParkThe Detroit NewsLansing — A state board on Tuesday approved emergency loans for Highland Park and Allen Park to help the financially troubled Wayne County communities deal with retiree legacy costs. …

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Alibaba Arm to Create $163 Billion Loans Marketplace – Bloomberg

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Alibaba Arm to Create $163 Billion Loans MarketplaceBloombergThe platform allows a borrower to tap a maximum of 200 investors after a financial institution has guaranteed the loan and made sure the money will be paid back. Zhejiang Ant Small & Micr…

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Fact Check: Goddard right; Reagan backed payday loans – azcentral.com

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Fact Check: Goddard right; Reagan backed payday loansazcentral.comBefore 2000, Arizona prohibited loans with interest rates higher than 36 percent. That year, the state legalized what it called "deferred presentment transactions" — better k…

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CFPB Recognizes Dangers of Student Loan Debt. Works to Forgive More Loans. – Huffington Post

-------------------- CFPB Recognizes Dangers of Student Loan Debt. Works to Forgive More Loans. – Huffington Post

DSNews.comCFPB Recognizes Dangers of Student Loan Debt. Works to Forgive More Loans.Huffington PostI am encouraged by the focused effort by the CFPB to help more students to have their student loans forgiven after ten years. Director Rich Cordray gave …

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Dems’ student loan ‘relief’ will make college cost more – The Courier-Journal

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Dems' student loan 'relief' will make college cost moreThe Courier-JournalAs millennials lose hope in President Obama's change, he and Democrat Sen. Elizabeth Warren look to retain them in the Democratic fold with a new entitlement: cut…

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Fed Said to Warn Banks on Capital Charges on Leveraged Loans – Bloomberg

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Fed Said to Warn Banks on Capital Charges on Leveraged LoansBloombergFederal Reserve officials are warning banks that rising levels of high-risk, high-yield loans on their balance sheets may require more capital held against them, according to a person…

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Ivanpah Solar Project Owners Delay Repaying Loans, Documents Say – Wall Street Journal

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Ivanpah Solar Project Owners Delay Repaying Loans, Documents SayWall Street Journal"The extensions [for repayment of the federal loans] were necessary as it takes time to prepare and file the applications, and for Treasury to approve and pay them….

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The welcome return of subprime loans – STLtoday.com

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The welcome return of subprime loansSTLtoday.comNEW YORK — Five years after the worst of the financial crisis, subprime loans are creeping back, this time primarily in the form of auto loans. As U.S. auto sales have surged, credit standards have move…

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Treasury to Block ‘Hopscotch Loans’ in Bid to Curb Inversions – Bloomberg BNA

-------------------- Treasury to Block ‘Hopscotch Loans’ in Bid to Curb Inversions – Bloomberg BNA

TIMETreasury to Block 'Hopscotch Loans' in Bid to Curb InversionsBloomberg BNA22, Treasury said new rules applying to future deals include a prohibition on “hopscotch” loans that let companies access foreign cash without paying U.S. taxes, …

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I-Team: Risky Subprime Loans Return for Car Sales – NBC New York

-------------------- I-Team: Risky Subprime Loans Return for Car Sales – NBC New York

NBC New YorkI-Team: Risky Subprime Loans Return for Car SalesNBC New YorkDespite all that, after two test drives and about two hours, the dealership found her a loan: $16,000 financing for a used 2014 Ford Fiesta. There would be a bank fee of about $4,…

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