Although Congress has been pushing for more regulatory action on predatory banks that offered initial cheap loans that quickly ballooned out of control for consumers, these efforts are now being placed on the back burner as the Fed focuses more on bailing out these struggling companies. The result has been a lack of true cheap […]
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Thai Economy Struggling
Posted on April 2nd, 2008 by justin
The government of Thailand is struggling to keep their economy afloat by making cheap loans available for its citizens. Rising gas prices have slowed trade in Thailand and many are concerned that the future looks quite dim for poor farmers. These cheap loans will soon be made available throughout Thailand as well as other economic […]
Cheap Loans a Thing of the Past
Posted on April 2nd, 2008 by justin
According to the Treasury, cheap loans are quickly becoming a thing of the past. Rising interest rates, plummeting property values and market instability have made banks skittish and many are simply not willing to negotiate on rates, making it nearly impossible for anyone to get a cheap loan, regardless of their financial status. In the […]
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