“Mass. orders 95 companies to stop making high rate Internet 'payday' loans (The Republican)” plus 3 more |
- Mass. orders 95 companies to stop making high rate Internet 'payday' loans (The Republican)
- More log home builders seek loans (Ravalli Republic)
- QNB defers loan repayments for Ramadan (The Peninsula)
- MA cracks down on payday loans (FOX 25 Boston)
| Mass. orders 95 companies to stop making high rate Internet 'payday' loans (The Republican) Posted: 18 Aug 2009 12:12 PM PDT • Judge orders commitment of sexual molestor 8/19/2009, 8:29 p.m. EDT • Quincy, Mich., hosts visitors from namesake towns 8/19/2009, 8:26 p.m. EDT • Records: Mass. sergeant cleared in bias complaints 8/19/2009, 6:02 p.m. EDT • Fidelity Investments reports market share gains 8/19/2009, 5:15 p.m. EDT • Sullivan, Nance selected for Patriots Hall of Fame 8/19/2009, 5:12 p.m. EDT • Mass. tops list in national college readiness exam 8/19/2009, 4:20 p.m. EDT  This posting includes an audio/video/photo media file: Download Now |
| More log home builders seek loans (Ravalli Republic) Posted: 18 Aug 2009 07:50 PM PDT |
| QNB defers loan repayments for Ramadan (The Peninsula) Posted: 19 Aug 2009 03:56 PM PDT
QNB defers loan repayments for Ramadan
Web posted at: 8/20/2009 1:27:35 Source ::: THE PENINSULA DOHA: During the Holy month of Ramadan, Qatar National Bank (QNB) announced that repayments for personal and vehicle loans due in August and September will be postponed. The promotion is available to customers holding salaried accounts with QNB, with all charges normally applicable on the finance amounts also waived during the two-month period. Customers wishing not to avail themselves of this promotional service, instead wishing to continue paying their loan installments, are requested to contact QNBs customer care centre on 4407777, or the nearest branch to request exemption. Loan repayments and the waiver of standard postponement charges are regular features of QNBs yearly efforts to mark Ramadan. This is in recognition of the fact that customers frequently have extra expenses during Ramadan and Eid Al Fitr, and simple gestures such as this will assist customers in managing their budgets. Having steadily grown to be one of the largest banks in the region, and the leading financial institution in the country, QNBs market share is approaching 40 percent of banking sector assets.
RAMADAN TIMINGS Meanwhile, QNB announced it will observe flexible working hours during Ramadan with most branches opened from 8am to 1pm, Sunday to Thursday. QNB branches at the City Center and The Mall will be open from 10am to 2pm and 8pm to 12am, Saturday to Thursday and 8pm to 12am on Fridays. The Souq Waqif Branch will be open from 9am to 2pm and from 8pm to 12am, Saturday to Thursday, as well as on Fridays from 8pm to 12am. The office at Dlala Brokerage will be open from 9am to 12pm and from 8pm to 10pm, Sunday to Thursday. QNBs branches at the Sheraton, Marriott and Ritz-Carlton hotels will be open from 9am to 12pm, Sunday to Thursday and in the evenings from 8pm to 10pm. The QNB branch at the departures terminal of the Doha International Airport will meanwhile be open around the clock serving customers throughout Ramadan. The West Bay Branch will be open from 8am to 1pm and from 8pm to 12am, Sunday to Thursday. The QNB Cards Center will be open from 8am to 1pm and from 7pm to 12am, Sunday to Thursday. In addition to these branch hours, both QNB and non-QNB customers may utilize any of 158 QNB ATMs located across the country to withdraw cash. Registered QNB EAZYLife customers may also utilize the Banks various eBanking channels 24-hours a day. These include internet, mobile and ATM banking services which help them conduct more complex transactions such as bill payments, hala top-ups, cash and cheque deposits, and money transfers.
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| MA cracks down on payday loans (FOX 25 Boston) Posted: 18 Aug 2009 10:45 AM PDT BOSTON - Massachusetts is ordering 95 companies to stop marketing Internet payday loans. A payday loan is short-term, high-rate personal loan. In exchange for the loan, a borrower allows the lender to automatically debit his bank checking account. Repayment of the full amount, along with any fees, is typically due within 14 days or with the borrower's next paycheck. If a borrower can't pay, he can roll over the loan for another period of time for an additional fee. While payday lending is not specifically prohibited in Massachusetts, small-dollar lenders are required to obtain a license and cannot charge rates of more than 23 percent or fees more than $20. The state Division of Banks says some of the targeted firms were charging annual rates over 500 percent and fees up to $60.  This posting includes an audio/video/photo media file: Download Now |
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