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Not exact matches
Sectors dealing with over-capacity issues like steel and coal are doing «quite well»
in China, Gao added, meaning there are fewer concerns
about non-performing
loans and the resulting shocks to financial stability.
The firm's mortgage investment corporation has
about 2,400 such
loans in its portfolio, with an average size of $ 85,000, and says it maintained a $ 4.3 - million
loan loss provision on a $ 214 - million portfolio last year.
First National — Canada's largest non-bank mortgage lender, originating $ 22 billion
in loans each year — reacted swiftly, announcing Tuesday that Morneau's moves will impact
about 41 % of its insured residential mortgages and that it anticipates a drop of as much as 10 %
in originations of this kind, because its
loans will no longer qualify for insurance.
Both 24 years old at the time, they carried
about $ 35,000
in debt between them, mostly tied to student
loans.
Karen G. Mills, the head of the U.S. Small Business Administration, talks
about the agency's 2011 record year
in small - business
loan guarantees, helping to fill gaps when banks were reluctant to lend.
About 70 per cent of mortgages
in Canada are fixed rate, with the majority of those
loans set for five - year terms.
The owner of 26 Valvoline Instant Oil Change franchises
in North and South Carolina had previously gotten
loans to buy locations, but also had
about 20 rejections.
I owed
about $ 10,000
in student
loans, $ 6,200 between three maxed out credit cards and $ 19,000 on a car
loan.
«When I graduated from Georgetown
in 2012, I walked away with more than just a Master's degree — I also had
about $ 20,000
in student
loans and another $ 5,000
in credit card debt.
The bank is,
in common with its American counterparts, concerned
about people using its credit facilities to buy cryptocurrencies and then not being able to pay back the
loan, due to rapid depreciation
in the virtual currencies.
While his income is low — $ 18,000
in 2011 — so is his debt: he has no student
loans and only
about $ 500 on a credit card.
The 7 (a) portfolio of
loans is currently worth $ 100 billion, and
in 2013 the SBA helped guarantee
loans worth
about $ 30 billion,
in part, by convincing more small banks to make them.
In fact,
about 90 percent of student
loans these days are provided by the federal government.
About seven million student
loan borrowers are now
in default.
It was fall 2009, and the Syracuse University junior was sending out applications for software design jobs to offset
about $ 20,000
in student
loan debt.
In its report, «Searching for Relief,» the NCLC found numerous problems, including: charging for services that are available for free; failure to disclose fees online or when initially requested; and providing inaccurate information
about crucial topics such as consolidation
loans and garnishment.
With his eye on a demo model dark green Triumph GT6 car, Waugh, then
in his early 20s, approached the branch manager
about a
loan.
Soon after, concerns
about liquidity and asset quality put many other institutions at risk, including Bank of America and Citigroup, which took billions
in loans from the government to weather the chaos.
Between his wife's $ 12,000
in student
loans, his own $ 6,000 worth of
loans, and some outstanding credit card payments, the couple carried
about $ 20,000 worth of debt between them.
Wong, who was previously worked on investment and trade
in jailed opposition leader Anwar Ibrahim's party, the People's Justice Party, thinks consumer
loan defaults may begin to show an increase
in about six months.
Though the industry has grown explosively
in the past few years, making an estimated 1 million
loans worth
about $ 12 billion to consumers and small business owners, so too have questions and complaints.
And it's still early days for alternative lending; P2P lending companies
in the US originated $ 6.6 billion
in loans last year, however, the total value of revolving US consumer debit was
about $ 800 billion.
Some banks reported anecdotally that
in various regions broker - originated
loans represent
about 20 per cent of small business lending.
«If it's properly planned,» says Palank, «we should be able to close the deal
in about the same time as it takes to close a bank
loan.»
I mentioned
in a recent INC. blog piece
about Peanut Butter, a student
loan repayment benefit service for employers (getpeanutbutter.com), that one of the most compelling reasons the company will likely succeed is that it's creating a solution that virtually all future customers will desire or need.
Students shouldn't borrow more
in loans than they'll make
in their first year of employment, said Jeff Selingo, author of «There Is Life After College: What Parents and Students Should Know
About Navigating School to Prepare for the Jobs of Tomorrow.»
He spoke
in response to a question
about an earlier Seattle Times story saying that Clayton trapped borrowers into unaffordable
loans on depreciating homes.
When asked
about government support for the CSeries, he acknowledged that one - third of the estimated $ 3 billion
in development costs would be financed through
loans provided by the federal, Quebec and U.K. governments (the other two - thirds of the cost is split between Bombardier and its suppliers).
According to the company, there are
about 28 million small businesses
in the country, and the overwhelming majority are hidden from investors; they're too small for private equity firms to take notice, but not right for a traditional bank
loan either.
Between 1995 and 2007, bank lending to companies with less than $ 10 million
in annual revenue averaged
about 37 percent of total bank commercial
loan portfolios, according to Shapiro's research.
«We both still have
about $ 100,000
in student
loans combined.»
«It's all
about creating a more direct way for investors to invest
in loans with more transparency,» Johnson said.
Although the SBA backed 37 percent more
loans in the fourth quarter of last year, it was still just
about half the 20,000
loans it backed
in the final quarter of 2007.
Dan owes
about $ 60,000
in undergraduate
loans after attending Purdue University, and Tracy has
about $ 40,000 from the University of Wisconsin.
In each of the last three years under Mills, the SBA backed about $ 30 billion in loans, up from $ 17.8 billion in 200
In each of the last three years under Mills, the SBA backed
about $ 30 billion
in loans, up from $ 17.8 billion in 200
in loans, up from $ 17.8 billion
in 200
in 2009.
Whether you've got student
loans or a trust fund you never told your partner
about, it's time to come completely clean and make sure your partner knows exactly what's
in your name
in case something happens to you.
A business attorney can draft a «promissory note» (a business IOU) documenting the
loan in about one hour.
Small businesses failed
in droves during the recession, and since then, banks have been understandably warier
about making what are generally risky
loans.
Pickel was 36 years old, an employee at a savings and
loan bank, and married with four children when, after working a late night preparing files that he says probably netted the bank
about $ 15,000, his boss chastised him for leaving the light on
in the executive washroom.
Yes, you'd be paying
about $ 227,000
in interest over the life of the
loan compared to $ 22,000 over a single year, but think
about the $ 38,000 a month you'd be saving on payments with the longer - term
loan.
But the vendor liaison for Texas Guaranteed Student
Loans,
in Austin, Texas, was pleasantly surprised when the «class» turned out to entail watching a humorous online video
about two guys from a bait - and - tackle shop transforming themselves into peak performers.
«Neither of us are over-spenders,» Danny says, «so we never felt compelled to make a budget
in school... but we also weren't thinking ahead
about paying off our student
loans.
In an internal memo from Goldman in May, when it hired Harit Talwar, an executive from Discover Financial Services, to head up is online lending division, the bank talked about its opportunity to participate in disrupting traditional finance, including with small business loan
In an internal memo from Goldman
in May, when it hired Harit Talwar, an executive from Discover Financial Services, to head up is online lending division, the bank talked about its opportunity to participate in disrupting traditional finance, including with small business loan
in May, when it hired Harit Talwar, an executive from Discover Financial Services, to head up is online lending division, the bank talked
about its opportunity to participate
in disrupting traditional finance, including with small business loan
in disrupting traditional finance, including with small business
loans.
It's something most people don't like to think
about, but
in the event of your death, an unpaid business
loan can affect your family.
Last December, Texas's regulator for payday and auto - title lenders announced - without naming TitleMax - that it was «concerned»
about the practice of offering a zero percent
loan to customers
in those cities.
A short article
about a bank's attempt to streamline its
loan application process
in order to reach small business.
Their consumer
loans in the year to February increased by
about 3 percent, while non-bank lending to households during the same period soared by 9 percent, showing that banks» sluggish consumer lending is not a question of a weak
loan demand.