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The Detroit News

Car-loan rates expected to rise
The Detroit News
Washington — Concern about potential inflation in the U.S. economy has sparked concern that auto-loan interest rates could spike at a time when domestic car sales have already been sluggish. The Federal Reserve raised the interest rate that banks ...



Forbes

A New Study Says Business Loans Help Startups Grow. Personal Loans Don't
Forbes
Using data found in the Kauffman Firm Surveys, collected annually by the Kauffman Foundation from nearly 5,000 companies that began operating in 2004, the researchers have concluded that a company using a business bank loan to finance its start ...



Wall Street Journal

Judge grants $300M loan for Puerto Rico power company
ABC News
A federal judge on Monday approved a $300 million loan for Puerto Rico's power company that officials say will help keep the troubled agency operating until late March. The ruling comes just days after the judge had rejected an initial $1 billion loan ...
Federal Judge Approves $300 Million Loan for Puerto Rico UtilityWall Street Journal

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Washington Post

Be sure you understand the tax implications of getting a home loan from a parent
Washington Post
Q: My mom is giving us money to buy a vacation home. We will pay her back monthly, but it's more of a handshake agreement. Will there be any tax implications for either of us? She will not be on the deed. A: Your mom will be your lender and you will be ...



Wisconsin Public Radio News

Participants Tout Benefits Of USDA Grant, Loan Programs Trump's Looking To Nix
Wisconsin Public Radio News
With one company truck, R.C. Nueske built a business on delivering applewood-smoked meats in central Wisconsin during the 1950s. Since then, Nueske's Meats in Wittenberg has expanded to include custom-built smokehouses and state-of-the-art packaging ...



GrowthWorks Atlantic Venture Fund Loan Repayment
GlobeNewswire (press release)
HALIFAX, Nova Scotia, Feb. 19, 2018 (GLOBE NEWSWIRE) -- GrowthWorks Atlantic Venture Fund Ltd. (“Atlantic Fund”) announced today that it has fully repaid the principal and required return under the terms of the $1.5 million loan Atlantic Fund received ...

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PBS NewsHour

Blacks and Latinos say they have trouble getting home loans in Philadelphia. Here's what's happening
PBS NewsHour
Under the Community Reinvestment Act, banks are required to make loans to qualified buyers in low-income neighborhoods, like Point Breeze, provided the bank has a branch that takes deposits anywhere in that city. But banks don't have to give them to ...

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Student Loan Hero (blog)

3 Things You Can Do When Your Student Loan Rates Are Too High
Student Loan Hero (blog)
For example, if you have federal student loans, your rates are among the lowest you can get. Private student loan rates can vary by lender, but you can look at some of the top private student loan companies to see what rates they offer. If you find ...



WV News

Senate approves consumer loan bill in party-line vote
WV News
CHARLESTON — Members of the West Virginia Senate passed a controversial consumer loan bill Monday that would expand the amount of money state residents could borrow on a high-interest loan. The Senate postponed a vote on Senate Bill 398 last Friday ...

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KERO 23ABC News

Puerto Rico's Electric Authority Is Getting A $300 Million Loan
KERO 23ABC News
Some good news is coming to the island of Puerto Rico: A federal judge approved a $300 million loan for its electric utility. Puerto Rico's Electric Power Authority, or PREPA, lost two-thirds of its power distribution system after Hurricane Maria. It ...


Google News