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Payday loans firm Ferratum expecting bi...
Published:Wed, 04 Jan 2012 00:11:07 -0800
LONDON (Reuters) - Payday loans firm Ferratum is expecting rapid growth in Britain this year, and its chief executive said fears over unemployment and the sometimes punishing inte......
BOE Says U.K. Lenders Expect to Tighten...
Published:Thu, 05 Jan 2012 03:07:07 -0800
U.K. banks expect to toughen the criteria on loans to companies and households in the first quarter because of strains in wholesale funding markets, which may impede investment an......
Europe banks gobble up cheap loans offe...
Published:Mon, 02 Jan 2012 18:30:31 -0800
Demand for the three-year loans sets a lending record — more than half a trillion dollars — for the ECB, underscoring how fragile Europes financial system remains because of t......
NI property loans moved to Nama...
Published:Mon, 02 Jan 2012 04:26:00 -0800
Another Northern Ireland property business confirms that some of its bank loans have been moved into the Irish governments National Asset Management Agency (Nama).......
Jump in delinquencies for FHA loans rai...
Published:Tue, 03 Jan 2012 13:48:00 -0800
Jump in delinquencies for FHA loans raises fears of bailout......


Payday loans firm Ferratum expecting big UK growth
Published:Wed, 04 Jan 2012 00:11:07 -0800  
LONDON (Reuters) - Payday loans firm Ferratum is expecting rapid growth in Britain this year, and its chief executive said fears over unemployment and the sometimes punishing interest rates associated with the loans had not dented demand from customers. We are expecting a huge increase in our numbers in Britain for this year. People want to take on a small loan, they dont want to go to the ......

BOE Says U.K. Lenders Expect to Tighten Criteria on Loans
Published:Thu, 05 Jan 2012 03:07:07 -0800  
U.K. banks expect to toughen the criteria on loans to companies and households in the first quarter because of strains in wholesale funding markets, which may impede investment and economic growth....

Europe banks gobble up cheap loans offered by Central Bank
Published:Mon, 02 Jan 2012 18:30:31 -0800  
Demand for the three-year loans sets a lending record — more than half a trillion dollars — for the ECB, underscoring how fragile Europes financial system remains because of the euro debt crisis. Faced with the threat of another regional recession, the European Central Bank said Wednesday that it was doling out more than half a trillion dollars in special long-term loans to hundreds of ......

NI property loans moved to Nama
Published:Mon, 02 Jan 2012 04:26:00 -0800  
Another Northern Ireland property business confirms that some of its bank loans have been moved into the Irish governments National Asset Management Agency (Nama)....

Jump in delinquencies for FHA loans raises fears of bailout
Published:Tue, 03 Jan 2012 13:48:00 -0800  
Jump in delinquencies for FHA loans raises fears of bailout...

Millions use payday loans to cover mortgage costs
Published:Thu, 05 Jan 2012 13:43:42 -0800  
Housing charity Shelter says research showing millions of families using unsecured borrowing to pay housing costs is evidence of a debt spiral Almost a million people have turned to a high cost payday loan to cover their mortgage or rent in the past year, the homelessness charity Shelter has claimed. A further 6 million have used other types of credit, including unauthorised overdrafts, other ......

New rules in effect for payday loans
Published:Wed, 04 Jan 2012 09:11:41 -0800  
New rules for payday loans in Saskatchewan will make the system more transparent, and could also mean reduced costs for borrowers, the provincial government says....

Can I consolidate student loans?
Published:Wed, 04 Jan 2012 03:34:29 -0800  
Dear Dr. Don, Someone recently told me you could consolidate all student loans, or the government is working on that to happen in the near future. My daughter has federal and private loans in her name. I have a federal parent PLUS Loan and private student loans for her in my name....

Cash Converters aims to open over 40 new UK stores
Published:Thu, 05 Jan 2012 03:41:21 -0800  
LONDON (Reuters) - Loans company Cash Converters International Ltd aims to open more than 40 new stores in Britain this year adding to a surge in growth among companies supplying expensive short-term credit ......
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