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Major loans revamp by banks unlikely (The Star)
PETALING JAYA: The tough economic environment fuelled by higher food and energy prices is unlikely to see banks generally undertaking a major loans restructuring exercise.
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Loans for college students harder to come by (The Arizona Republic)
Many students heading off to college or vocational schools in coming days will learn a tough, if timely, lesson in economics: The credit crunch has made some education loans harder to get.
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GM To Invest Over $500 Mln In U.S. To Build New Compact Car (Fox News)
GM To Invest Over $500 Mln In U.S. To Build New Compact Car
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Auto loans: Floating rate is in (Business Standard India)
Most car buyers, when applying for a loan, grapple with the question of whether they should opt for a fixed or a floating rate option. This question assumes importance as car loans have a lower tenure than home loans.
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Student loans harder to come by (The Arizona Republic)
Some are learning a tough economics lesson.
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Car dealers fined over insurance (BBC News)
Five motor dealerships have been fined by the Financial Services Authority for mis-selling payment protection insurance.
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Auto loans: Floating rate is in (rediff.com)
Most car buyers, when applying for a loan, grapple with the question of whether they should opt for a fixed or a floating rate option.
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Using credit cards to pay loans, bills attracts interest (Belleville News-Democrat)
With more Americans struggling to pay for basic living expenses, a small but growing segment of the finance industry is encouraging consumers to pay their mortgages, car notes, student loans - and even alimony - online by credit card.
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Banco do Brasil Puts Car Loans, Growth in High Gear (Update3) (Bloomberg.com)
The bank, majority-owned by the Brazilian government, was jolted in 2005 when peers including Banco Bradesco SA , the biggest privately held lender, took advantage of the country's booming economy to boost lending 29 percent, almost double the increase at Brasilia-based Banco do Brasil.
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Schaeffler Wins Continental With EU12.1 Billion Bid (Update3) (Bloomberg.com)
Aug. 21 (Bloomberg) -- Schaeffler Group won control of Continental AG with a sweetened bid that values the German tiremaker at 12.1 billion euros ($17.9 billion) and creates the world's largest car-parts manufacturer.
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