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What is an Unsecured Loan?


An unsecured loan is a personal loan where the lender has no claim on a homeowner's property should they fail to repay. Instead, the lender is relying solely on the ability of a borrower to meet their loan borrowing repayments.

What is a Secured Loan?


A secured loan is simply a loan that uses your home as security against the loan. Secured loans are suitable for when you are trying to raise a large amount; are having difficulty getting an unsecured loan; or, have a poor credit history.

A Brief Look At Various Types of Loans Available


A Brief Look At Loans"Innovative financial packaging" is how it is sometime known. Essentially what this means is that financial institutions look for more and more ways to lend to their customers - after all, charging interest on a debt is the main way that they make their money.

How To Easily Find A Military Loan


Military members the price for serving your country and defending freedom is difficult, fortunately finding the right loan to fit your situation doesn't have to be when you know where to look. Finding a loan provider that understands the pressures and time constraints that many military members are currently going through can be difficult and downright depressing.

Online Loans Made Easy


What will it take for you to get a low interest, low payment loan? The answer to that question could be an online loan from one of the many companies that specializes in granting online loans, or e-loans.Some analysts forecast that as more and more customers expect better interest rates, and as competition for their business intensifies, loan institutions will focus even more on their efforts to lure as many customers as possible to use their services, and online loan institutions are no exception.

How To Save Money On Car Loans


Have you noticed that everyone seems to have a newer car than you? There's good news. You can find a way to upgrade your old clunker to a newer model.

Financial Aid for College Students - Grants


The bad news about attending college is that it costs more than ever to attend. The College Board estimates the average four-year public college costs almost $5,000 per year to attend and a two-year public college is almost $2000.

Parent Loans or Student Loans - What is Going to be Best for My Child?


Parent Loans or Student Loans - what is going to be best for my child?At least 20% of college students need some type of loan to help pay for their college education. Such a statistic can lead to students graduating with an unmanageable debt load.

Payday Loans: How They Really Work!


Payday loan companies gives the borrower the amount of the check minus their fee (They get their money up front).Fees charged for payday loans are usually a percentage of the face value of the check or a fee charged per amount borrowed for every $50 or $100 loaned.

8 Point Checklist: Evaluating Online Vendors


Here are 8 things to consider, when evaluating lenders online:Website DesignPrivacy PolicyAbout UsPopularityReputationShort FormPoints, Fees, Terms and RatesCommunication1. Website Design:The webpage is, in fact, the storefront of the internet.

Top 10 Ways to Avoid Loan Fraud


Every year, misinformed homebuyers, often first-time purchasers or seniors, become victims of predatory lending or loan fraud. Below you'll find the top ten ways to avoid becoming a victim yourself.

Cash Advance Payday Loans


The ads are on the radio, television, the Internet, even in the mail. They refer to payday loans - which come at a very high price.

How to Spot and Avoid Predatory Lending


Predatory lenders promise loans that are "too good to be true" and pressure borrowers to take them on the spot. Here's a few things you or your family and friends should know about spotting and avoid predatory loans:How to Spot a Predatory Loan*Balloon payments.

How to Get a Business Loan in Five Steps


Need funds to startup or expand your business? Follow these steps:A lender looks at a loan request in three sections known as the "three C's". They are:Credit.

Finding a Loan With Bad Credit


No matter what your credit history is the simple fact is that at some point in your life you will need a loan. If you have a few black marks on your credit report and you are feeling that your bad credit will not enable you to qualify for loans, do not feel despair because there are banks that will lend to people in your situation.

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MORE RESOURCES:

Treasury to grant GM additional $5.4-billion loan on Jan. 16
Detroit Free Press, United States - 2 hours ago
By Justin Hyde • Free Press Washington Bureau • January 5, 2009 WASHINGTON -- The US Treasury said today it will grant General Motors Corp. a second loan ...
Chrysler/GM get initial $4 billion bridge loans Search-Autoparts.com
GM to get another $5.4 bln from Treasury on Jan. 16 Reuters
GMAC and GM Alter Finance Agreement New York Times Blogs
Automotive News - Michigan Messenger
all 35 news articles


RTT News

Synovus sees higher Q4 provision for bad loans
Reuters - 14 hours ago
N: Quote, Profile, Research) expects provision for bad loans to more than quadruple for the fourth quarter, as the Southeast regional bank struggles to get ...
Synovus to increase loan loss provision to $250M Bizjournals.com
Synovus Financial raises loan loss forecast BusinessWeek
Synovus shares falter as analysts lower estimates Forbes
MarketWatch - TheStreet.com
all 44 news articles


THE RATINGS GAME: Bigger Loan Losses Will Hurt Banks In 2009 ...
CNNMoney.com - 11 hours ago
"Reasons include an increased percentage of loans with higher losses ( construction, credit cards, home equity), greater consumer leverage, ...
Sector Snap: Bank stocks mostly fall Forbes
Ahead of the Bell: Deutsche cuts Wells Fargo view Forbes
all 25 news articles


United Community Banks ups loan loss provision
Bizjournals.com, NC - 8 hours ago
United Community Banks Inc., Georgia’s third-largest bank, said Monday it will raise its fourth-quarter loan loss reserve in the wake of credit ...
United Community Banks, Inc. Updates Outlook on Credit Quality for ... CNNMoney.com
all 12 news articles


Credit crunch's impact worrisome as record commercial loans come due
Dallas Morning News, TX - 1 hour ago
By SHERYL JEAN / The Dallas Morning News A record amount of commercial real estate loans coming due in Texas and nationwide the next three years are at risk ...


Reuters

Bank loan losses may double by 2010-end: Deutsche
Reuters - 13 hours ago
(Reuters) - Loan losses for US commercial banks are expected to rise to 3 percent by the end of 2010, from 1.5 percent in the third quarter of 2008, ...
Deutsche Bank Cuts Estimates, Price Target On City National (CYN ... StreetInsider.com (subscription)
Deutsche Bank Cuts Estimates On Citigroup (C) On Loan Losses StreetInsider.com (subscription)
all 18 news articles


Boston Globe

Jumbo mortgage loan rates put damper on refinancing
Boston Globe, United States - 22 hours ago
Kerry and Rebecca Scarlott, shown in their Hingham home with their daughter, Meghan, and dog, Dory, refinanced their jumbo loan with two smaller loans. ...
Jumbo Loans: They Should Get Some Refi "Love" Too CNBC
High Interest Rates Hamper Refinancing Of Jumbo Housing Loans AHN
all 7 news articles


Talbots to get $150m in loans
Boston Globe, United States - 32 minutes ago
Yesterday's loans come on top of $50 million facility the retailer has with Aeon Inc., a subsidiary of its majority shareholder. Combined, the chain now has ...


Metro Funding Closes $1.3M Construction Loan for Assisted Living ...
Reuters - 15 hours ago
(MFC), a private asset-based lender, headquartered in Paramus, NJ, announces the funding of a $1300000 loan for the construction of an assisted living ...


Christian Science Monitor

Regional lenders need help, too
Kansas City Star, MO - 1 hour ago
Conventional mortgage money and business loans remain too scarce, as regional banks, which are the arteries and capillaries of our credit system, ...
Credit crunch shows little sign of easing Christian Science Monitor
Liquidity squeezes tight bank lending Sun newspapers
The Financial Crisis and Business Loans: The "Credit Crunch" That ... American Institute for Economic Research
Kiplinger.com - Record-Searchlight
all 26 news articles

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