Loan For People With Bad Credit

SBA's 'Goodwill' Leaves Bad Taste for Small Businesses
Washington Post, United States
"One of the main purposes of the SBA was to allow people to buy a business who might not qualify for a traditional loan, but now if you want to buy a $2 million business and your house only has $500000 in equity, that's not enough," he said. …
Business Credit Crunch: Where it Really Hurts Huffington Post
Do it yourself Columbus Dispatch
Defaults Everywhere, But More Lending Is Not the Solution Seeking Alpha
all 153 news articles

Obama’s two-step housing proposal a good start
Atlanta Journal Constitution,  USA
In a nutshell, here is how it is designed to work: » Refinancing: Refinancing will be made available to about 4 million responsible homeowners who have kept their payments up despite the fact that they are stuck with bad loans. …
Fannie Mae to draw on Treasury after $25.2 bln loss Reuters
Don’t get Duped Into, or Out of, Your Loan Modification ~ By … Pine Tree
Another Incomptent Proposal Concordia Sentinel
Asia Times Online - Forbes
all 377 news articles

Korea Bad Bank Pays More for Loans, Plans Rescue Fund
Bloomberg
Kamco bought 1.5 trillion won of soured loans in December, when banks were in a “panic” about the deepening global recession, Lee said. Banks remain reluctant to sell bad loans because they’d have to realize losses immediately and often disagree on …

Stocks End Down On Treasury's Citi Move
Forbes, NY
Standard & Poor's, which left GE's AAA credit rating unchanged, said the cut improves free cash flow prospects, but remains concerned about economic deterioration in the US and other regions where GE does business. Friday had a rough start after the …
Video: Citigroup Reaches Aid Deal With Government AssociatedPress
New Citi plan may serve as model but carries risks The Associated Press
Government Raises Equity Stake In Citi; Shares Plunge Trading Markets (press release)
This is Money - Belleville News Democrat
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Bad Credit Loans – Enjoy The Benefits of Easy Cash despite Poor …
Best Syndication, CA
Simply long onto the internet, find an online moneylender and apply for the bad credit loans. These loans are specially designed for people who cannot approach others for loan owing to the bad credit they have. The bad credit prevents traditional …
How to choose a loan Moneysupermarket.com
all 2 news articles

Lots of economic reports important to housing coming today
Washington Post, United States
There should also be NO entry (by law) in their credit record concerning this mortgage, and the fact that they walked away. If they already have bad credit, it will still be bad. If they happen to have good credit, it will still be good. …

Slate Moneybox Columnist
Washington Post, United States
Of the bad debt out there, how much of it is the direct result of any "non-market" based lending? How much of it is the result of competition for credit business? Is bad debt the sole cause of the crisis? Were banks forced to make the loans? …

Talk to Me
Washington Post, United States
All day the counselors listen to pleas for help from people beleaguered by bad debt, bad decisions and bad luck. Rillo's first caller, at 8:50 am on this blustery January day, is a man from the Milwaukee area. His voice is raspy, and his tone verges on …

Vulnerable Dividends
Forbes, NY
Last year GE posted $75 billion in credit losses, and it has indicated that it expects to write off more bad loans in 2009. The latest move brings GE's dividend yield down to 4.3% from 13.6%, which is more in line with the S&P 500's yield of 3.3% Even …

Stop blaming the working poor for lenders' greed
The Miami Herald, FL
The Community Reinvestment Act (CRA) requires banks and savings and loans to make credit available to poor communities that bank with them. In the 1990s then-President Bill Clinton put more bite into the law by tying those institutions' expansion to …