“Chinese Banks Said to Rein in Loans (New York Times)” plus 1 more |
| Chinese Banks Said to Rein in Loans (New York Times) Posted: 26 Jan 2010 03:41 AM PST Chinese banks have begun restricting new loans, responding to a push by regulators to contain credit after a surge in lending in the first half of this month, sources told Bloomberg News. Bank of China has stopped extending new corporate loans in the Shanghai area, except for clients who have repaid earlier borrowings, said a person familiar with the matter who declined to be identified. China Construction Bank's branch in the city has been told to screen applications for personal loans and mortgages more carefully and to stop new lending once a monthly quota is met, another person told Bloomberg News. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Ark. consumer advocates condemn tax refund loans (KTHV Little Rock) Posted: 26 Jan 2010 10:00 AM PST State Rep. Darrin Williams, D-Little Rock, said Tuesday that a new law requires the firms to post their fees and interest rates and hand customers a piece of paper that also details the rates. Williams says the instant refunds are equal to paying to borrow your own money. With the availability of the earned income tax credit, he says more low-income people will be getting refunds from the IRS. Williams says waiting a week or so for the IRS to direct deposit a refund could save a consumer hundreds of dollars. A paper check from the IRS takes about three weeks to arrive. The IRS offers free tax filing help. (Copyright 2010 by The Associated Press. All Rights Reserved.) Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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