Bigloanonline Compiles all the Webs Best Loan and Consumer and Business Credit Resources to Make Funding Your Next Loan Quick, Simple and Easy
economy crisis Obama commercial commentary animation political documentary news Mae gotcha! McCain Fannie new election John analysis loan the Guitar video bank drawing families equity
Jan. 7 (Bloomberg) -- General Motors Corp. has enough government loans to cover the worst-case scenario it described last month and says it won’t need more if the economy holds up.
An entrepreneur who invested heavily in Central Florida's real-estate boom is heading to Washington this week to complain that his bank has refused to rework his troubled loans, even though the lender received billions of dollars in government bailout money.
General Motors Corp has adequate government loans pledged to cover the worst-case scenario it outlined in December to Congress and will not need more unless the economy worsens, a Bloomberg report said.
Jan. 7 (Bloomberg) -- Cattles Plc , a U.K. provider of subprime loans, plans to clip 1000 jobs and write fewer loans this year as part of plans to reduce costs to weather the recession.
General Motors has enough government loans to cover its worst-case scenario and added it won't need more if the economy stabilizes, a report says.
$10 million in low-interest loans could be made available to businesses.
Jersey Home Loans isn’t pulling out of the island. But it won’t be lending to new customers until the markets pick up. In November the company said it would sell the business if politicians didn’t let them look after islanders’s savings as a way of raising cash for mortgages. Ministers refused.
Wells Fargo, which recently merged with Wachovia, announced it has purchased $730 million in loans and lease receivables from GE Healthcare Financial Services, a unit of GE Capital.
Gov. Charlie Crist enlisted business backing Tuesday for a $10 million plan to make low-interest state loans available to tiny and medium-sized Florida companies that show good financial potential but have trouble prying growth capital out of market-wary banks.
Jan. 7 (Bloomberg) -- Petroleo Brasileiro SA , Brazil’s state-controlled oil company, may seek as much as $15 billion in loans, O Estado de S. Paulo reported, citing two bankers it didn’t identify.