Tuesday, December 29, 2009

“Personal Loan Service, MoneyNowUSA.com, Observes Signs of Economic Recovery (redOrbit)” plus 4 more

“Personal Loan Service, MoneyNowUSA.com, Observes Signs of Economic Recovery (redOrbit)” plus 4 more


Personal Loan Service, MoneyNowUSA.com, Observes Signs of Economic Recovery (redOrbit)

Posted: 29 Dec 2009 09:13 AM PST

Posted on: Tuesday, 29 December 2009, 02:00 CST

SCOTTSDALE, Ariz., Dec. 29 /PRNewswire/ -- Signs of economic recovery are becoming apparent with the number of lenders funding personal loans increasing and the amount being funded augmenting as well, according to MoneyNowUSA.com.

"We have 166 lenders online now -- more than ever before. I think this is a good sign that more lenders are starting to loan, and more money than ever before in the alternative financial sector," says Chris Kay, President, MoneyNowUSA.com. "Hopefully this trend will continue to the mainstream financial sector," he adds.

This economic recovery can, in part, be attributed to people holding onto their jobs and, in turn, paying back their loans. With more viable consumers, lenders are more willing to provide funding.

MoneyNowUSA.com works to maintain the largest network of payday and personal loan lenders on the Internet. Staffed with financial experts, MoneyNowUSA.com recognizes that with more lenders willing to loan, the economy can continue to lift itself out of depression.

"As a leading, free resource for individuals looking to apply for personal and/or payday loans online, MoneyNowUSA.com is excited about the current economic recovery and the benefits it will lend to loaners and lenders," adds Kay.

With a consumer placement rating of 97 percent, MoneyNowUSA.com is confident in finding the right lender for everyone. In its fifth year of operation, the site has had the opportunity to boost its support team and level of expertise.

Consumers can apply online using a paperless, secured loan process. MoneyNowUSA will then search through its network of lenders for the best fit. Once the consumer is approved, the funds will be wired directly into the assigned bank account within one hour. With an average of four out of five applicants, getting accepted, the process is simple, reliable and convenient.

Additionally, the application process is 100 percent secure. "We have upgraded our servers to a 24-hour secured and guarded facility. We do all we can to protect your private information," says Kay.

In the light of the recent economic recovery, anyone looking for a fast and secure way to apply for a personal or payday loan is strongly advised to do the process through MoneyNowUSA.com.

Contact: Chris K. Kay President Blue Global Media MoneyNowUSA 602-722-7657

SOURCE MoneyNowUSA.com


Source: PR Newswire

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Personal Loan Service, MoneyNowUSA.com, Observes Signs of Economic Recovery (PRWeb via Yahoo! News)

Posted: 28 Dec 2009 11:01 PM PST

MoneyNowUSA.com, a free consumer loan-finding service, is noticing trends in the nation's economic recovery. Its financial experts are seeing the number of lenders funding loans increasing and the amount of personal loan funding increasing, as well.

(PRWEB) December 29, 2009 – Signs of economic recovery are becoming apparent with the number of lenders funding personal loans increasing and the amount being funded augmenting as well, according to MoneyNowUSA.com.

"We have 166 lenders online now – more than ever before. I think this is a good sign that more lenders are starting to loan, and more money than ever before in the alternative financial sector," says Chris Kay, President, MoneyNowUSA.com. "Hopefully this trend will continue to the mainstream financial sector," he adds.

This economic recovery can, in part, be attributed to people holding onto their jobs and, in turn, paying back their loans. With more viable consumers, lenders are more willing to provide funding.

MoneyNowUSA.com works to maintain the largest network of payday and personal loan lenders on the Internet. Staffed with financial experts, MoneyNowUSA.com recognizes that with more lenders willing to loan, the economy can continue to lift itself out of depression.

"As a leading, free resource for individuals looking to apply for personal and/or payday loans online, MoneyNowUSA.com is excited about the current economic recovery and the benefits it will lend to loaners and lenders," adds Kay.

With a consumer placement rating of 97 percent, MoneyNowUSA.com is confident in finding the right lender for everyone. In its fifth year of operation, the site has had the opportunity to boost its support team and level of expertise.

Consumers can apply online using a paperless, secured loan process. MoneyNowUSA will then search through its network of lenders for the best fit. Once the consumer is approved, the funds will be wired directly into the assigned bank account within one hour. With an average of four out of five applicants, getting accepted, the process is simple, reliable and convenient.

Additionally, the application process is 100 percent secure. "We have upgraded our servers to a 24-hour secured and guarded facility. We do all we can to protect your private information," says Kay.

In the light of the recent economic recovery, anyone looking for a fast and secure way to apply for a personal or payday loan is strongly advised to do the process through MoneyNowUSA.com.

Contact:
Chris K. Kay
President
Blue Global Media
MoneyNowUSA
602-722-7657

###

Money Now USA
Chris Kay
602-722-7657
E-mail Information
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Personal Loan Service, MoneyNowUSA.com, Observes Signs of Economic Recovery (PRWeb)

Posted: 29 Dec 2009 12:24 AM PST

MoneyNowUSA.com, a free consumer loan-finding service, is noticing trends in the nation's economic recovery. Its financial experts are seeing the number of lenders funding loans increasing and the amount of personal loan funding increasing, as well.

Scottsdale, AZ (PRWEB) December 29, 2009 – Signs of economic recovery are becoming apparent with the number of lenders funding personal loans increasing and the amount being funded augmenting as well, according to MoneyNowUSA.com.

"We have 166 lenders online now – more than ever before. I think this is a good sign that more lenders are starting to loan, and more money than ever before in the alternative financial sector," says Chris Kay, President, MoneyNowUSA.com. "Hopefully this trend will continue to the mainstream financial sector," he adds.

This economic recovery can, in part, be attributed to people holding onto their jobs and, in turn, paying back their loans. With more viable consumers, lenders are more willing to provide funding.

MoneyNowUSA.com works to maintain the largest network of payday and personal loan lenders on the Internet. Staffed with financial experts, MoneyNowUSA.com recognizes that with more lenders willing to loan, the economy can continue to lift itself out of depression.

"As a leading, free resource for individuals looking to apply for personal and/or payday loans online, MoneyNowUSA.com is excited about the current economic recovery and the benefits it will lend to loaners and lenders," adds Kay.

With a consumer placement rating of 97 percent, MoneyNowUSA.com is confident in finding the right lender for everyone. In its fifth year of operation, the site has had the opportunity to boost its support team and level of expertise.

Consumers can apply online using a paperless, secured loan process. MoneyNowUSA will then search through its network of lenders for the best fit. Once the consumer is approved, the funds will be wired directly into the assigned bank account within one hour. With an average of four out of five applicants, getting accepted, the process is simple, reliable and convenient.

Additionally, the application process is 100 percent secure. "We have upgraded our servers to a 24-hour secured and guarded facility. We do all we can to protect your private information," says Kay.

In the light of the recent economic recovery, anyone looking for a fast and secure way to apply for a personal or payday loan is strongly advised to do the process through MoneyNowUSA.com.

Contact:
Chris K. Kay
President
Blue Global Media
MoneyNowUSA
602-722-7657

###

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Incentives help double home loans (Bangkok Post - Thailand's English news)

Posted: 28 Dec 2009 09:19 PM PST

The looming expiry tomorrow of personal income tax deductions has more than doubled new home loan applications recently at the Government Housing Bank as homebuyers rush to take advantage of tax breaks, says president Khan Prachuabmoh.

Signing the securitisation agreement, from left: GH Bank president Khan Prachuabmoh; Bank chairman Naris Chaiyasoot; Finance permanent secretary Sathit Limpongpan; Kritsda Udyani, the SMCchairman; and SMCpresident Duangporn Arbhasil. WEERAWONG WONGPREEDEE

"Customers who want to get the tax benefit should have their units transferred today because tomorrow there will be so many land-related transactions at land offices nationwide. Land officials may not be able to finish the transactions within the last day of the year," he said.

To ensure its customers would not miss the opportunities, the bank has since last Saturday notified clients who wanted to get the tax benefits to apply for housing loans within this year.

GH Bank released new home loans totalling 4 billion baht in just five days from Dec 21-25, the same amount it normally releases in a month. On Dec 25 alone, it extended new home loans of 1.2 billion baht, triple its daily volume of 400-500 million baht.

Mr Khan noted that new home loans extended in December this year would exceed 10 billion baht. From Dec 1-25, the bank extended 9.7 billion baht in new housing loans. All in all, GH Bank expects to exceed its new home loan target of 100 billion baht this year.

Tomorrow the taxable income deduction on mortgage principal payments of up to 300,000 baht will expire. Usually, only interest payments of up to 100,000 baht per year can be deducted.

"On March 28, 2010, the property tax incentives will also end. We have the same plan to handle the situation like this year. But we need to see the government's policy on whether it will extend the incentives or not," he added.

Mr Khan predicted that local interest rates would likely increase by the end of 2010 by around 25-50 basis points in line with the US Federal Reserve's policy.

GH Bank yesterday signed a contract with the Secondary Mortgage Corporation (SMC) for the securitisation of 50 billion baht worth of loans within five years. SMC will start issuing the first lot of GH Bank's securitised bonds worth 3 billion baht early next year. After that, it will issue securitised bonds worth around 10 billion baht each year.

SMC president Duangporn Arbhasil said GH Bank's securitised bonds would be rated before they are issued. The coupon rate would be the same as for other issues with the same rating. GH Bank's loans under the contract are prime loans. "The coupon rate may offer a premium over the government bonds," she said.

Mr Khan said GH Bank would also securitise another 10 billion baht of its loans through a consortium next year. If the first lot is successful, the bank will continue to do so in the following years.

"Securitisation can be made only in the domestic market as market opportunities for international securitisation are now closed," he said.

"Securitisation does not mean a sudden decrease in mortgage loan interest rates. It will help develop the bond market in the country. Homebuyers in the future may get low fixed long-term rates if we can sell long-term bonds."

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CANYON LAKE: Local man outlines loans to ex-councilman's wife (The Californian)

Posted: 28 Dec 2009 09:02 PM PST

An 83-year-old Canyon Lake man testified Monday he made seven loans totaling more than $800,000 over three years to Suzanne Kessler, wife of former Canyon Lake Councilman Frank Kessler.

His testimony came during a preliminary hearing to determine whether Suzanne Kessler should face trial on 23 criminal charges. The hearing lasted about two hours, but no decision was made. It will resume Jan. 8 before Riverside Superior Court Judge Ronald Taylor.

Suzanne Kessler, who was in court Monday, faces one count of embezzlement, one count of misappropriation of public funds for personal use, one count of burglary, five counts of grand theft and 15 counts of writing bad checks.

Several of the charges stem from the loans Kessler obtained from Robert Hart, 83. Hart said his records show that the loans were made on:

-- Nov. 1, 2005, for $250,000.

-- Sept. 12, 2006, for $100,000.

-- Oct. 1, 2007, for $30,000.

-- Oct. 5, 2007, for $20,000.

-- Oct. 16, 2007, for $250,000.

-- Feb. 9, 2008, for $100,000.

-- June 5, 2008, for $55,000.

Hart testified that Kessler requested the loans for various reasons, including to facilitate the purchase of a rental property in Manhattan Beach and to fend off the foreclosure of the couple's home.

"She borrowed so many times and told me so many stories, I forget which goes with which," said Hart, who was wearing a white sweatshirt and white slacks and walking with the aid of a cane.

Answering questions from Deputy District Attorney Mike Cabral, Hart testified that the original term of the first loan called for the $250,000 to be repaid in three months, with 12 percent interest. He said that, instead, Kessler made $2,500 payments each month.

Hart said he accepted those payments. However, shortly after he made a second loan, he said Kessler's checks began to bounce.

"She had all kinds of excuses," Hart said. "It was always the bank's fault; the bank didn't transfer the funds properly."

Hart said he notified her of the problem. And sometimes she made up for the bad check, and other times she didn't, he testified.

When asked by defense attorney Jeff Van Wagenen why he continued giving Kessler money by the time of the fifth loan, Hart said, "I trusted her, God forgive me."

Hart said none of the loans was paid off.

Hart, however, said he could not recall from memory or his records when most of the loans were meant to be paid off. And he agreed, in response to questioning by Van Wagenen, that he in essence changed the terms of some loans by accepting partial payments and consenting to Kessler's promise to pay when money arrived from her business ventures.

Kessler also stands accused of failing to repay other people for loaning her tens of thousands of dollars. According to court documents, she borrowed up to $880,000 based on false promises to repay and wrote checks on a phony account totaling $87,000.

She also faces charges in connection with the alleged use of a city of Canyon Lake credit card to pay a $6,239 bill for a Hawaiian cruise she and her husband went on.

Her husband, Frank Kessler, pleaded guilty to embezzlement earlier this year and was sentenced to two months of home confinement.

Call staff writer Dave Downey at 951-676-4315, ext. 2623.

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