Loans
payday-loans-australia.org: A Payday Loan Can Be a Real Life Saver
Payday-loans-australia.org has released a new article, which looks into the reasons why payday loans can be a real life saver and why people should take one out only for the right reasons. The portal featuring reputable payday lenders encourages people in emergency situations to borrow money in the form of short-term loans, as they have [...]
Loans Are Part of the Problem Not the Solution
Student loans are part of the problem, not the solution, in dealing with rising higher education costs. Expanding student loans enhances the ability of colleges to engage in a costly academic arms race that our nation increasingly cannot afford. Education Secretary Bill Bennett was right in 1987 when he said that the student loan program’s [...]
It’s Time to Solve the Student Loan Crisis
If you’re worried about student loan debt, what it means for graduating seniors and for the future of our nation, congratulations. That means you’re paying attention. Now that Americans owe over $1 trillion in student debt, more than they owe on their credit cards, many people are beginning to see that our country’s current way [...]
South Sudan Negotiates Loans as Oil-Output Halt Dents Economy
South Sudan is negotiating loans to boost the value of its currency and keep its economy afloat as foreign-exchange reserves decline after the country halted oil production, Deputy Finance Minister Marial Awou Yol said. The East African nation has secured a $100 million line of credit from Qatar National Bank and will receive a $500-million [...]
UPDATE 2-Danske seeks to draw a line under Irish bad loans
* To hive off 35 bln DKK of National Irish Bank loans * Group reorganisation to generate cost savings * CEO sees unsatisfactory earnings for another two years * Q1 pretax profit 1.58 bln DKK vs 1.32 bln forecast * Shares up 2.6 pct (Adds details, quote, background; updates share price) COPENHAGEN, May 10 (Reuters) [...]
Fannie Mae Stops Racking Up Debt at the US Treasury
For the first time since Fannie Mae (FNMA) was seized by the U.S. government in 2008, it is performing well enough to stop adding to the debt it owes taxpayers, a milestone in the history of a company that was pushed to the brink of collapse by investments in subprime loans. The Washington-based mortgage financier [...]
Senate heads toward showdown vote on student loans
WASHINGTON – The top Democrat in the Senate accused Republicans on Tuesday of caring more about the rich than about students as the chamber steamed toward a showdown over keeping student loan interest rates from doubling for 7.4 million students in July. Firing back, the Senate Republican leader said Democrats were using the chamber to [...]
Student loans and Social Security taxes: a poor fit
Democrats have seized on a looming increase in the interest rate on certain federal student loans as their latest wedge issue, hoping to portray Republicans as caring more about the wealthy than they do about working-class and middle-income college students. Those students might want to spend a few moments studying how Senate Democrats planned to [...]
Student loans: GOP filibuster blocks Senate move to freeze low rates
Senate Republicans successfully filibustered a Democratic proposal to extend low rates on student loans Tuesday. While both parties say they want the legislation passed, it has fallen prey to polarized election-year politics. Skip to next paragraph Student loans and college finance: Take our quiz! Student loans: Do Republicans really think program is socialist? Harvard and [...]
Senate Republicans Block Bill on Student Loan Rates
Along party lines, the Senate voted 52 to 45 on a key procedural motion, failing to reach the 60 votes needed to beat back a filibuster and begin debating the measure. Senator Olympia J. Snowe, the moderate Republican from Maine who is retiring, voted present. Senators said quiet negotiations had begun to resolve the impasse, [...]