12 Feb

Latest Loans News

The Scrooge Takes a Look at Investing in Micro-Loans
You’ll get your money back but will you be doing any good? A micro-loan is a small loan, typically less than $ 1,000. These loans are generally made to very poor people all over the world, for the purpose of helping them start a business. For example, one …

Orix Buys RBS Shipping Loans
Japanese financial services firm Orix Corp has agreed to buy $ 290 million (272 million euros) worth of Greek shipping loans from Royal Bank of Scotland (RBS), Reuters reported quoting sources with direct knowledge of the deal. Reuters reported last month …
Marine Link

4 Dirty Secrets of So-Called Installment Loans
There’s been a lot of chatter about the risk of payday loans lately, prompted by a new report from the Consumer Financial Protection Bureau that called them “a long-term, expensive debt burden.” But there’s another, fast-growing category of small …
TIME Business & Money

Why Student Loans Are an Even Bigger Sham Than You Know
It’s becoming an annual ritual. Every June, Congress debates what to do about the interest rate on federally subsidized student loans, to avert what this year will be the imminent doubling from 3.4 percent to 6.8 percent. But interest rates alone don …
Read more on Alter Net