Actualités : bad credit loans
Bank selling off bad loans, sees 2nd quarterly loss (Monroe Evening News) - Still beset by the area's weak economy, Monroe Bank & Trust said it plans to sell off about $25 million in bad loans and other non-performing assets for $14 million, a move that will produce its second consecutive quarterly loss.. Credit Challenged Car Buyers Find Help Online (Wellsville Daily Reporter) - (ARA) - Eighty percent of all Americans have at least one blemish on their credit reports. And a third of all consumers have credit scores so bad that they may have difficulty securing a car loan.. MBT Financial to Sell Bad Credit (AP via Yahoo! Finance) - MBT Financial Corp., the parent company of Monroe Bank & Trust, said Thursday it agreed to sell $25 million in bad credit assets for about $14 million.. Bad debts down at Northern Rock (Guardian Unlimited) - Northern Rock told the City today that fewer loans had turned sour in the last six months of the year.. MBT Financial to Sell Bad Credit (KiplingerForecasts.com) - (AP) MONROE, Mich. MBT Financial Corp., the parent company of Monroe Bank & Trust, said Thursday it agreed to sell $25 million in bad credit assets for about $14 million.. Credit unions target payday-loan trap (Salem Statesman Journal) - WASHINGTON -- Tellers at the North Carolina State Employees' Credit Union noticed a troubling change several years ago: The first people in line on payday were high-cost lenders, waiting to cash checks from credit-union members.. Bank customers could receive £10bn refund over 'loan protection racket' (Evening Standard) - Victims of a big bank 'loan protection racket' could be entitled to refunds and compensation totalling £10 billion, it is claimed. The Office of Fair Trading(OFT) is investigating payment protection insurance(PPI) sold with loans and other credit amid allegations of rip-offs and mis-selling.. Unload student loans as fast as you can (Seattle Post-Intelligencer) - We're told over and over again that student loans are good debt. The conventional wisdom says that, like a home loan, student-loan debt will turn into an asset. But what happens when it doesn't turn out that way? What happens when you take on tens of thousands of dollars in loans that in many cases will take decades to pay off? What happens when people increasingly can't pay?. Northern Rock sees 2006 profit up 16 percent (Reuters.co.uk) - LONDON (Reuters) - Northern Rock NRK.L said on Monday it was on track to meet analysts' forecasts for 2006, helped by strong lending and a robust mortgage market, adding it expected bad debts to drop in the second half.. (AFX UK Focus) 2006-10-02 12:44 GMT: ROUNDUP Northern Rock on target for 15.9 pct FY profit growth (Interactive Investor) - LONDON (AFX) - UK mortgage lender Northern Rock PLC said full year profit is on track to grow by 15.9 pct, helped by strong demand for home loans on the back of a buoyant property market..
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