Tag Archives: consumer loans

Some Banks Ease Standards For Business Loans

Consumer loans still require great credit scores and documented income. Until investors want to buy stocks and bonds backed by mortgages, consumer lending is going to remain restricted. Oy, I remember the days when my mailbox was filled with credit … Continue reading

Posted in Banks | Tagged , , , , , | Comments Off on Some Banks Ease Standards For Business Loans

Another Sign Credit Crisis Is Easing

Since the subprime mortgage collapse of two years ago, banks have put in place measures to toughen up their lending practices. You now have to demonstrate income to get a loan. You have to fill out more paperwork. There aren’t … Continue reading

Posted in Banks | Tagged , , , , , | Comments Off on Another Sign Credit Crisis Is Easing

Recession Reshapes California’s Housing Market

Americans are no longer thrilled to extend their debts. For the last six months, the amount we owe on credit cards, auto loans and other forms of consumer loans dropped, according to the Federal Reserve. That’s the longest decline since … Continue reading

Posted in California, Credit Cards, Credit Line, credit scores | Tagged , , , , , , , , | Comments Off on Recession Reshapes California’s Housing Market

Refinance In South Africa

From AllAfrica.com: Is it possible that one of SA’s large banking institutions or nonbank lenders could collapse under the weight of losses in the housing sector? A key contributing factor to the crisis is that, in many instances, the investors … Continue reading

Posted in Refinance | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Refinance In South Africa