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China's 4 Largest Banks August New Loans 218.8 Billion Yuan, Caixin Says China’s new loans in August for the four biggest banks were 218.8 billion yuan, Caixin Online reported today, citing shared data from the interbank market. www.bloomberg.com
Pros and Cons of Interest-Free Student Loans No-interest loans save students thousands, but involve hassles. www.usnews.com
Easier loans to students, investors on anvil: Kapil Sibal Human Resource Development Minister Kapil Sibal has said the National Education Finance Corporation has been asked to provide easier credit rates to investors in the education sector and to facilitate flexibility in repayment of study loans by students. www.calcuttanews.net
Tips for finding the cheapest auto loans To find the best auto loans, do your research ahead of time by approaching local lenders. Here's how. biz.yahoo.com
China Property Collateral in Loans for Third Homes, Business News Reports Some individuals are using property as collateral to obtain consumption loans for buying third homes, the China Business News reported, citing some commercial banks in Shanghai. www.bloomberg.com
Number of loans taken from 401(k) plans rising again As of June 30, 21.9 percent of workers with 401(k) plans had loans outstanding, up from 19.3 percent in 2008, according to Fidelity Investments . www.pittsburghlive.com
Payday loans serve those banks reject Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “payday loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall into greater debt. I don’t challenge the fact that more of these loans go into default; it speaks to a larger problem: Where do people with credit issues get ... www.phillytrib.com
Thrift banks soured loans rise in Q1 SOURED LOANS of thrift banks in relation to total loans rose in the first quarter, while those of rural and cooperative banks declined, data from the Bangko Sentral ng Pilipinas (BSP) showed. www.bworldonline.com
Int'l lenders consider loans for Nabucco gas pipeline Three international financial institutions agreed on Monday to consider loans totaling 4 billion euros (5.1 billion U.S. dollars) for the Nabucco gas pipeline, a key project to reduce EU dependence on Russian gas. english.peopledaily.com.cn
County to offer loans for energy efficiency projects Homeowners of all income levels can start applying to the county this week for loans for energy-efficiency and renewable energy projects. www.carrollcountytimes.com
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