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Loans

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Top Loans Articles

Displaying items 23-33
  • Council authorizes $16.4 million bond for new senior center facility

    After months of study sessions and planning, the Huntington Beach City Council took two major steps Monday toward making a long-awaited senior center a reality. Council members voted unanimously to authorize taking out a $16.4 million bond to help pay...
  • John Oliver skewers payday lenders. Now, what to do about their customers?

    John Oliver skewers payday lenders. Now, what to do about their customers?
    HBO's John Oliver turned his humor-laced outrage on payday lenders Sunday, holding them, celebrity pitchman Montel Williams and their legislative allies up for some well-deserved ridicule. Citing a study that found 75% of payday loans were taken out...
  • Nearly 20% of home equity loans face higher default risk, report says

    Nearly 20% of home equity loans face higher default risk, report says
    As much as $79 billion in home equity lines of credit are at heightened risk for default in coming years as Americans face a day of reckoning on their boom-era second mortgages, a new study found. Many home owners who took out so-called HELOCs during...
  • Home equity line defaults are likely to rise

    Home equity line defaults are likely to rise
    A wave of potential defaults on home equity lines of credit could start arriving in the next few years as Americans face a day of reckoning on their boom-era borrowing. Many homeowners who took out home equity lines, essentially second mortgages, during...
  • Audits: As Amistad Finances Collapsed, State Money Kept Flowing

    Audits: As Amistad Finances Collapsed, State Money Kept Flowing
    When the cash began running out at the nonprofit Amistad America Inc., officials defaulted on bank loans, skimped on bills, borrowed from employees and used state grant money as a temporary loan against other grants, a series of audits released Friday...
  • Republicans Challenge New Malloy Ad

    Republicans Challenge New Malloy Ad
    HARTFORD — Gov. Dannel P. Malloy's opponents jumped on the governor's newest campaign commercial on Monday for featuring the Newtown tragedy and using a disputed number to describe the state's debt situation. Released on Monday morning, the 30-...
  • Watchdog: Don't wait to cut debt: Front & Center

    Watchdog: Don't wait to cut debt: Front & Center
    There's rough weather ahead for the federal budget and the nation's economy, according to this month's long-term forecast from the nonpartisan Congressional Budget Office. The CBO projects the growing national debt will reduce Americans' incomes, raise...
  • Build on rising consumer confidence [Letter]

    Does the recent uptick in consumer confidence indicate that the agendas of the White House and Congress are misaligned with middle class aspirations? The U.S. consumer confidence index jumped to 90.9 in July, marking the highest level in seven years...
  • Fitch Ratings likes Seminoles

    Fitch Ratings likes Seminoles
     Here is the press release from Fitch Ratings, documenting their upgrade of the Seminole Tribe of Florida.  Fitch Ratings assigns a 'BBB' rating to Seminole Tribe of Florida's (STOF) proposed $395 million incremental term loan B. Fitch also upgrades...
  • Mayor seeks to borrow up to $900 million more

    Mayor seeks to borrow  up to $900 million more
    In a move that will add to the city's mountain of debt, Mayor Rahm Emanuel won support Monday from the City Council's Finance Committee to issue up to $900 million in bonds backed by property taxes. It's the largest request put forth during Emanuel's...
  • Consumer borrowing in March saw largest increase in more than a year

    Consumer borrowing in March saw largest increase in more than a year
    Consumers increased their borrowing in March by the largest amount in more than a year in a sign of increased economic growth this spring. Outstanding consumer credit, which includes credit card balances and auto and student loans, jumped $17.5...