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Friday, May 9, 2008

Loans

Plan offered to give people notice about rates on some loans (Washington Post)
WASHINGTON -- People taking out credit cards, home mortgages, auto loans and other loans would be notified when they are offered higher interest rates because of poor credit histories, under a plan federal regulators proposed Thursday.

Conergy First-Quarter Loss Almost Triples on Loans (Update1) (Bloomberg.com)
May 9 (Bloomberg) -- Conergy AG , Germany's second-largest solar-power company, said its first-quarter loss almost tripled because of costs of loans to restructure the company's business.

Peachtree Residents May Qualify for Low-Interest Loans (New London Day)
Norwich - Tenants displaced by the fire that destroyed Peachtree Apartments may apply for low-interest loans

17 suspected loansharks arrested for unlicensed loans (Channel NewsAsia via Yahoo! Singapore News)
SINGAPORE : Seventeen suspected loansharks were arrested on Thursday for issuing unlicensed loans, making it the year’s biggest moneylending syndicate arrest.

1% home improvement loans for residents of Strathmore, Valley and Court-Woodlawn (The Post-Standard)
Residents from three sections of Syracuse can sign up for 1-percent home improvement loans for exterior projects. Meetings will be held in Strathmore, the Valley and the upper North Side's Court-Woodlawn area to inform residents and distribute applications for the loans of up to $10,000.