Latest Credit Loan news:

Loan for Credit Europe
A large inter-bank syndicated loan facility was recently signed with a consortium of international banks. This facility will be used to finance Credit Europe Bank’s international trade-related activities at the Malta branch.
Read more News Source - di-ve
Publish date - 09:35:45 07/18/08

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(AFX UK Focus) 2008-07-18 14:01 Talbots finalizes $50 million term loan credit facility
BOSTON (Thomson Financial) - Talbots Inc. Friday said it finalized the terms of its $50 million unsecured subordinated working capital term loan credit facility with Aeon Inc., a wholly owned subsidiary of its majority shareholder, Aeon Co. Ltd.
Read more News Source - Interactive Investor
Publish date - 13:22:48 07/18/08

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The Talbots, Inc. Finalizes $50 Million Term Loan Credit Facility
HINGHAM, Mass.----The Talbots, Inc. today announced that it has finalized the terms of the previously announced $50 million unsecured subordinated working capital term loan credit facility with Aeon , Inc., a wholly owned subsidiary of Aeon Co., Ltd., and the majority shareholder of The Talbots, Inc.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 12:38:31 07/18/08

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Durbin seeks cap on consumer loan interest rates
Proposed law would end rates higher than 36% U.S. Sen. Dick Durbin (D-Ill.) has taken aim at the high-interest-loan industry, introducing a bill proposing to cap rates charged for payday loans, car title loans and other forms of consumer credit at 36 percent annual interest.
Read more News Source - Chicago Tribune
Publish date - 16:20:55 07/19/08

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In credit, the right score can be elusive
DAVE LIEBER The letter in the mailbox was most welcome. I was offered a chance to buy my credit score from consumer-credit bureau TransUnion for a mere $7.95. I had never seen my credit score before. But anyone who reads the news knows that in today’s crazy credit climate, an individual’s credit score is more important than ever. A credit score affects your ability to get a mortgage, a car ...
Read more News Source - Fort Worth Star-Telegram
Publish date - 05:19:58 07/20/08

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Najib urges banks not to withdraw loan, overdraft facilities
KUALA LUMPUR: The Government hopes that banks will not overreact and withdraw loan and overdraft facilities from businesses during these tough times. “The global economy is volatile at the moment and people are concerned about an impending recession and inflation.
Read more News Source - The Star
Publish date - 23:34:31 07/19/08

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Offers given on credit cards are genuine
Prima facie you seem eligible for a home loan of Rs 20 lakh, but not too many banks give loans to purchase land. You should approach consolidation portals like www.deal4loans.com for your loan requirement.
Read more News Source - Express India
Publish date - 20:45:08 07/19/08

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Loan Losses Weigh on JPMorgan; Income Falls 53%
The bank?s income was pulled down by markdowns in its investment bank and spiraling credit card and loan losses.
Read more News Source - New York Times
Publish date - 11:58:24 07/17/08

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Big role for church credit unions sought
You'd think a man of the cloth would make an ideal candidate for a bank loan.
Read more News Source - Boston Globe
Publish date - 06:30:21 07/19/08

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Capital One profit drops 40 percent on rising loan-loss provision
Capital One Financial Corp. said Thursday its second-quarter earnings fell 40 percent due to a sharp increase in its loan-loss provision amid further deterioration in the credit markets.
Read more News Source - Long Island Business News
Publish date - 12:32:29 07/18/08

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Maha govt to take up credit societies' issue
Maharashtra government today said it would take up the issue of ambiguity in implementation of the Centre's loan waiver for farmers following complaints from them about credit societies.
Read more News Source - Business Standard India
Publish date - 10:10:41 07/18/08

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IStar: credit market deterioration impacts Q2 earnings
IStar Financial Inc , which lends primarily to real estate-related businesses, said it expects to post a second-quarter operating loss, excluding a gain from asset sales, hurt by higher loan loss provisions, mark-to-market impairments and goodwill write-offs.
Read more News Source - Reuters via Yahoo! News
Publish date - 12:15:38 07/18/08

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Carney Says Canada's Credit Markets Returned to `New Normal'
July 17 (Bloomberg) -- Bank of Canada Governor Mark Carney said the country's credit markets have returned to ``the new normal,'' citing the fact policy makers this month ended an emergency loan program for banks and brokerages.
Read more News Source - Bloomberg.com
Publish date - 17:06:50 07/17/08

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Citigroup posts $2.5B loss as loan defaults mount
Citigroup says it posted a $2.5 billion loss and laid off more employees in the second quarter as it struggled with surging loan defaults.
Read more News Source - AP via Yahoo! News
Publish date - 11:24:39 07/18/08

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Citigroup posts $2.5B loss on loan defaults, still beats view
Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated.
Read more News Source - USA Today
Publish date - 18:03:11 07/18/08

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