Banks in Britain have pressed regulators to set a time limit on filing consumer complaints, as claims for payment protection insurance have ballooned above $31 billion.
Senator Elizabeth Warren (D-MA) and Sen. David Vitter (R-LA) came to the Cato Institute on Wednesday to call for stricter limits on the Federal Reserve’s ability to prop up large financial institutions with loans guaranteed by taxpayer...Show More Summary
Payday lenders open branches in neighborhoods where banks won't go. They give people a place to cash their checks, and they make loans to those whom no credit card company would trust with plastic. The cash isn't free, though. The money has to be paid back, and for many borrowers, the only way to pay off a loan is by taking out another. For […]
Getty Images By Brian O'Connell NEW YORK -- A lousy credit score penalizes consumers in myriad ways: they're left with limited access to credit, significantly higher interest rates on loans and credit cards, as well as obstacles in getting...Show More Summary
Beginning at 8:50 p.m. Eastern on Fox News, 10 Republican presidential candidates will meet on stage in a debate at Quicken Loans Arena in Cleveland. The network's polling criteria limited the stage to 10 candidates, leaving out seven others who had a debate earlier Thursday. Show More Summary
Federal student loans may be causing college tuition to spike, according to a recent paper from the Federal Reserve Bank of New York. Federal student loan limits changed in a few different ways from 2007-2011 that allowed students to borrow more money from the government, the New York Fed paper points out. Show More Summary
Lender raises property investment loan rates by 0.29%, as it eyes APRA limit.
A combined strategy of a tuition cap and a student loan borrowing limit will help stem the rise of tuition costs over time.
Loan approvals went on hold when the SBA reached its $18.75 billion annual limit for loan guarantees
Unless lawmakers raise the $18.75 billion limit, entrepreneurs won't be able to seek new loans from the Small Business Administration's lending program.
New York Times, Judges Rebuke Limits on Wiping Out Student Loan Debt: [A judicial ruling has] ruling captured the attention of other judges and legal scholars because of a judge’s bluntly worded written opinion that rebuked the widely adopted hardship standard used to determine whether a [student loan] debtor is...
Erasing student loans requires proof that paying the debt would cause “undue hardship,” and some judges think the rigid standard should be reconsidered.
The head of the Greek Banks Union just admitted that Greece's ATMs will run dry by Monday unless Europe steps in and loans it more cash. Strict capital controls were introduced in Greece last weekend limiting people to withdrawals of...Show More Summary
Fannie Mae and Freddie Mac set conforming loan limits for the country. The complete 2015 loan limits, plus a lookup chart by U.S. county. Analysis and live rates. Click for the complete post : 2015 Conforming Mortgage Loan Limits For Loans Via Fannie Mae And Freddie Mac.
By Edith Fishta It’s slim pickings for leveraged loan investors, as the flow of new issue loans has dried up in recent months and left investors to compete over a limited supply in the secondary market. That in turn creates a dynamic somewhat unique to the corporate leveraged loan market: lenders allow loan [...]
Unusual faith coalition calls on Congress to limit payday loans Opponents of payday lending have a new ally in the fight against predatory lenders. Leaders from the 15.7-million member Southern Baptist Convention (SBC). “We cannot sit...Show More Summary
Rangers enter a £1.5m loan agreement with Dave King's New Oasis Asset Limited as he becomes chairman.
While some real estate industry stakeholders are focusing on the challenge of finding ways to extend loans to borrowers with limited credit histories — giving markets like housing a much-needed boost — the Consumer Financial Protection Bureau (CFPB) is doing its part to give financial regulators, lenders and industry participants more insight into the problem...
Real estate website Lamudi Pakistan is now offering a loan calculator to help property-seekers with home financing. Lamudi has collaborated with Dubai Islamic Bank Private Limited (DIBPL) to help customers calculate the cost of a mortgage. Show More Summary
Last week, we witnessed a rather dramatic sell-off in German Bunds. The rout was attributable to a confluence of factors including, but not limited to, data which appeared to show that euro loans to the private sector rose for the first...Show More Summary