1. Sixty four percent of small businesses are on either overdrafts or short term loans. 2. A broker advised Mrs Harris to take what she thought was a short term loan secured on the house. 3. But the problem with the bailout is that it allowed Brazil to cling to an overvalued exchange rate and a policy of relying heavily on short term loans. 4. Creditors have agreed to take back aircraft, reduce payments and modify loan terms. 5. For instance, you might want to get a shorter term loan so you can pay off the mortgage before you retire. 6. It also is responsible for ensuring that lenders comply with laws requiring them to fully disclose loan terms. 7. Kmart said it intends to repay the term loan in a year. 8. Mercury purchases installment loans from car dealers, provides short term loans to consumers and sells insurance. 9. Morrison also warned that its financial problems would put it in default with its banks on certain loan obligations unless it could successfully negotiate changes in the loan terms. 10. Regulators also contend that All-Tech management failed to advise its customers of the loan terms. |