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Auto industry to press Congress for $50B in loans (Washington Post)
WASHINGTON -- Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.
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Social lending picks up for other sources (The News Journal)
Person-to-person lending is getting more attention as other sources of small loans dry up. Borrowers are looking for angels willing to make small business and personal loans.
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Personal finance: More people taking hardship loans (Fort Worth Star-Telegram)
Hard economic times now are driving some people to take actions that could jeopardize their future.
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U.S. takes over 2 mortgage giants (Tulsa World)
An official says the takeover enables more Americans to get loans. You might notice a difference with our reader comments. Those who have registered for a tulsaworld.com account can now fill out their new personal web site in the Tulsa World social network.
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Nevada's Silver State succumbs to bad loans (The Columbus Dispatch)
WASHINGTON (AP) -- Regulators have shut down Nevada's Silver State Bank, saying the bank failed because of losses on soured loans.
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Pro Mujer helps women with microloans, healthcare (Miami Herald)
Lynne Patterson knows that a little can go a long way. By dispensing loans as small as $50, Patterson has enabled thousands of Latin American women to take control of their lives, and their pocketbooks.
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Consumers who don't really need the money have no trouble getting loans, says this financial expert. (Bankrate.com)
Consumers who don't really need the money have no trouble getting loans, says this financial expert.
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Loans come in many flavors. Know the difference so you don't get rocky road when all you want is vanilla. (Bankrate.com)
Cash-strapped consumers in the market for big-ticket items often turn to loans. But if you're already in debt, don't rush into anything.
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An option for investors: IRA-leveraged loans (Everett Herald)
Investors and second home buyers see the long-term potential of some depressed properties, but many possible players simply don't have the ready cash to make the purchase. Besides, fuel prices are up and the kids need back-to-school clothes, plane fare and rent for an apartment.
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Regulators shut down failed bank in Nevada (Post-Bulletin)
WASHINGTON -- Regulators on Friday shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate and land development. It was the 11th failure this year of a federally insured bank
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