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(Bloomberg) — China’s banks, which dialed down fundraising efforts this year even as bad debts swelled. remains favorable in order to tackle higher loan impairments,” said Nicholas Yap, a credit analyst at Mitsubishi UFJ Securities.

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“There is a need for these types of loans, the $300, $500, $600 loans,” she added. “People who can’t get bank loans and who don’t have credit cards need them for. stories about those who have had bad experiences with storefront lenders.

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MILAN — In a bid to end years of struggles, the Italian government is taking control of bank Monte dei Paschi under a relaunch plan agreed by European officials that includes the disposal of a massive 28.6 billion euros ($32.5 billion) in.

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Minority home loan applicants were slightly more likely to be turned down. rates among ethnic groups as proof that lenders often practice discrimination on credit decisions. But banking groups and the Federal Reserve say the data.

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Intesa Sanpaolo SpA (ISP.MI) is considering a disposal of a bad loans. Intrum, a credit-management company, said it was in discussions with the bank over the acquisition of a servicing platform and a portfolio of non-performing loans.

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Why, it simply gets tacked directly onto the federal deficit. Since the federal student loan program is considered a credit program, “because of a quirk in the budget process for credit programs, the department can add the $21.8 billion to the.

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The high level of non-performing loans still being worked through after the financial crash is just the tip of the iceberg, the Central Bank’s new director of credit institutions supervision has warned. The elevated level of loans mired in arrears is.

Groups such as Blackstone Group LP and Bain Capital Credit LP made their first investments in recent months, amid surging write-offs by banks and indications that China’s commercial bad loans market is set to deepen. Oaktree.

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India’s burden of bad loans is truly gigantic. An analyst from India Ratings and Research, a credit ratings agency and a unit of Fitch Ratings, told Reuters that stressed loans or non-performing assets in India are worth Rs13 lakh crore.

. giant Equifax has released its latest National Consumer Credit Trends Report, and the data suggests that auto lending is booming in 2014. The total amount of outstanding auto loans in the US amounted to $902.2 billion in the company’s.

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Bank of Communications’s ratio of “special mention” loans, a term for credit in danger of going bad, fell from six months earlier. The lender’s loans overdue for more than 90 days declined for the first time since 2011, based on half-yearly data.

. in France and Germany to cope with because bad debts there account for a smaller proportion of overall credit. After Italy, which had bad loans of 262 billion euros at the end of March, the biggest pockets of debt not repaid over roughly.

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With several national studies showing rapidly rising child-care costs, maybe New York City is smart to offer low-interest daycare loans to parents of toddlers. The pilot program is the first of its kind in the country and, through a local credit.

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