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Many U.s. Bank Shares Fall, National City Sold - Reuters
new york (reuters) - u.s. bank shares suffered a rocky ride on friday on fears that losses from bad loans will soar because of a deep global recession, and as a large, u.s. bank agreed to be acquired at a below-market price. carnage was particularly ...
www.reuters.com

(afx Uk Focus) 2008-10-24 13:45 Update 2-spain's Popular Bad Loans Jump, Sees Worse To Come
madrid, oct 24 (reuters) - spanish bank popular said its non-performing loans jumped in the third quarter, following the collapse of property developer martinsa fadesa, and a sluggish economy will restrict loan growth next year. popular, spain's third-largest bank by market capitalisation, said on friday that bad loans hit 2.19 percent at the end of september from 1.42 percent at end-june, when ...
www.iii.co.uk

Uk Top 10 For 'poor Credit Loans'
london and birmingham top a league table of demand for 'bad credit loans', according to a new report from unsecured loans specialist credit problems no problem (www.creditproblemsnoproblem.co.uk).
news.yahoo.com

Hedge Funds Set Student Loan Firms In Their Sights - Guardian Unlimited
after being accused of precipitating the present financial crisis by short-selling banks, hedge funds are now turning their attention to student loans. jim chanos, founder and president of kynikos, one of the best known short- selling hedge funds in ...
www.guardian.co.uk

1. Americans Are Loaded With Credit Card Debt. - Cnn Money
the average american household with at least one credit card has nearly $9,200 in credit card debt, according to cardweb.com, and the average interest rate runs in the mid- to high teens at any given time. 2. some debt is good. borrowing for a home ...
money.cnn.com

College Grads Predict Having Hard Time In Today's Job Market
with the country losing about 760,000 jobs so far this year, it's especially bad news for recent or soon-to-be college graduates. experts say many graduates come out of school with more than $20,000 of debt in student loans.
www.abc15.com

Spain's Popular Bad Loans Jump, Sees Worse To Come
madrid - spanish bank popular said its non-performing loans jumped in the third quarter, following the collapse of property developer martinsa fadesa, and a sluggish economy will restrict loan growth next year.
www.khaleejtimes.com

Smart Shopping Key To Getting That Car Loan - Detroit Free Press
about a year ago, about 90% of consumers with credit scores in the mid-600s or higher easily would get approved for a car loan. even people with less-than-perfect credit histories had no trouble getting a loan. now, only about 60% of those consumers ...
www.freep.com

Other Woes Makes Foreclosure Crisis Hard To Break - Cbs News
(ap) each day from july through september, more than 2,700 americans lost their homes in foreclosure. that number, up from 1,200 a day a year ago, is a sign that the mortgage industry and government programs have done little to help troubled ...
www.cbsnews.com

Popular Inc Posts Steep 3q Loss On Bad Loans
popular inc. says it posted a steep loss in the third quarter due to exposure to bad loans, and will scale back its banking operations on the u.s. mainland in response to the economic downturn.
biz.yahoo.com

Student Loans Hit By Economy
bloomington, ind. — on a recent thursday evening, neal theobald, indiana university's vice chancellor for budget administration, received a sobering letter from sallie mae, the nation's leading provider of student loans.
www.montereyherald.com

Official: Government 'behind The Curve' In Foreclosure Crisis - Houston Chronicle
washington — each day from july through september, more than 2,700 americans lost their homes in foreclosure. that number, up from 1,200 a day a year ago, is a sign that the mortgage industry and government programs have done little to help ...
www.chron.com

Economy's Other Financial Woes Make Home Foreclosure Crisis More ... - Minneapolis Star Tribune
washington - each day from july through september, more than 2,700 americans lost their homes in foreclosure. that number, up from 1,200 a day a year ago, is a sign that the mortgage industry and government programs have done little to help troubled ...
www.startribune.com

College Loans To Be Costlier, Harder To Get
bloomington, ind.: on a recent thursday evening, neal theobald, indiana university's vice chancellor for budget administration, received a sobering letter from sallie mae, the nation's leading source of student loans.
www.ohio.com

Debt Brings Households Crashing Down
unlike major financial corporations that are benefitting from government intervention, your household is not too big to fail. a growing number of oklahomans are seeking help with crushing debt, experts say. "the people we’re seeing now, their debt is much more severe,” said john cooper, president of consumer credit coun- seling of cen- tral oklaho- ma. "they are in much worse shape that they ...
newsok.com

Pakistan Faces Default On Its Huge Foreign Debt - Businessweek
"the option of defaulting on those loans has never even been seriously considered," says sakib sherani, chief economist for the royal bank of scotland ( rbs ) in pakistan and an adviser to the government. "but even if they don't have the willingness ...
www.businessweek.com

Bad News For College Grads - Kfsn
10/26/2008 national news -- its fall, that means corporate recruiters are busy visiting college campuses across the nation. but for students preparing to graduate next spring, that doesn't necessarily mean they are going to have an easy time landing ...
abclocal.go.com

Banks Resist Urge To Lower Debt-to-income Ratios
banks have good news and bad news for bahamians still planning to venture in for loans despite the uncertainties of a slow economy — the good being most continue to use debt-to-income ratios of 45 percent; the bad being that's increasingly not enough.
www.thenassauguardian.com

As Costs Rise, More Students Drowning In Debt
seattle -- tyson hunter dresses sharply, works out almost every day and can't wait to make his mark on the business world. hunter, 23, also happens to owe $152,000 in student loans, accumulated in four years at boston university. he graduated last year with a bachelor's degree in business administration, and he now earns $40,000 a year at a market-research company. his loan payments soon will ...
www.inrich.com

Aig Needs Attitude Fix - Newsday
it's been a little over a month since insurance industry giant american international group went from wall street hotshot to a majority-owned subsidiary of the american taxpayer. you might think by now that all those smart people at aig would have ...
www.newsday.com