Archive for January, 2012
Southern Community Posts Fourth Quarter, Year-End Profit; Loan Quality Leads …
WINSTON-SALEM, N.C., Jan. 30, 2012 — /PRNewswire/ — Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO), announced today that it earned $359 thousand, or $0.02 per diluted common share, in the fourth quarter of 2011, posting its third consecutive quarterly profit as credit quality trends continued their year-long improvement. For the full year 2011, the [...]
Fed Survey: Euro Crisis Has Hurt US Loans
BY LUCA DI LEO AND ALAN ZIBEL WASHINGTON—Banks in the U.S. kept credit fairly tight in the final months of 2011 even as demand for loans rose, illustrating how Europe’s sovereign-debt crisis is threatening the fragile U.S. recovery. The Federal Reserve’s quarterly survey of American banks and foreign ones with U.S. operations showed that credit [...]
Report reveals fears over bills
(UKPA) – 7 hours ago Large numbers of people in Northern Ireland are rationing their fuel and borrowing cash from moneylenders to meet household bills, a new survey has found. The first research of its kind by the Irish League of Credit Unions also revealed that consumers fear the next year will see further economic [...]
Mo. groups focus on payday loans, minimum wage
Two Missouri organizations are working together to push ballot measures seeking to cap payday loan interest rates and increase the state minimum wage. Missourians for Responsible Lending and Give Missourians A Raise kicked off the two initiative petition campaigns at a joint event Saturday at the Boone County Commission Chambers. The group Grass Roots Organizing [...]
Roll-over loans curb agreed by Wonga
High-cost short-term lending has been criticised for encouraging vulnerable people into debt that can quickly spiral out of control if not repaid on time. Some lenders have been accused of encouraging borrowers to “roll-over” loans month after month, each time adding fresh charges. Anyone doing so will find that the charges can quickly add up [...]
Low rates, OEM push for facelifts have dealers seeking loans
Low rates, OEM push for facelifts have dealers seeking loans Dealer Steve Cook is still paying off the store renovations he made six years ago. Yet he’s ready to take out another loan to help pay for about $600,000 in additional store upgrades. “I’ll try to… Article source: http://www.crainsdetroit.com/article/20120129/SUB01/301299974/low-rates-oem-push-for-facelifts-have-dealers-seeking-loans
Couple need to explore loan options
QUESTION: My husband and I would like to purchase a neighbor’s home to remodel and live in. It needs extensive work. I estimate we would pay him roughly $250,000 for the home, and we’ll need about $150,000 more to remodel the home. What is the best way to go about doing this? We have about [...]
Petition Efforts Focus on Payday Loans, Minimum Wage
COLUMBIA, Mo. (AP) — Two Missouri organizations are working together to push ballot measures seeking to cap payday loan interest rates and increase the state minimum wage. Missourians for Responsible Lending and Give Missourians A Raise kicked off the two initiative petition campaigns at a joint event Saturday at the Boone County Commission Chambers. The [...]
Re-Launch of Direct Payday Lender Offers New Features for Consumers in Need of Fast Loans
Direct Payday Lender Provides Financial Relief to Consumers in Need (PRWEB) January 28, 2012 The re-launch of Direct Payday Lender has created a new avenue for consumers in need of secure and convenient payday loans. By adding new features, like a bevy of expertly written articles, and redesigning the entire homepage, Direct Payday Lender offers [...]
Online Venue For Payday Loans Online Q&A Announced By USAPaydayForever.com
The Venue For USAPaydayForever.com’s Payday Loans Online QA Session Has Been Announced. They Will Be Hosting The Event On Their Facebook Group Page (PRWEB) January 28, 2012 Today, USAPaydayForever.com has finally released the place for their payday loans online question and answer session. The place they have decided upon to do this question and answer [...]