SOUTHFIELD, Mich. -- Credit Acceptance Corporation announced today that we have extended the date on which our $75.0 million revolving secured warehouse facility will cease to revolve from August 31, 2011 to September 10, 2013.

The tough economy apparently has created consumers who are more risk-averse and cautious — and less likely to use credit cards.   In a new report, Javelin Strategy & Research says credit-card use continues to drop, with many Americans gravitating toward reloadable prepaid cards and other devices intended to keep them out of debt problems.   Consumers also are highly cost-conscious, with 80 ...

A loan scheme for self employment and housing will be introduced for the benefit of the poor families in the North and East, shortly. With a low annual interest rate of 4%, loans upto Rs.250,000 will be granted through the District Secretariats by the Bank of Ceylon.

Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

U.S. News & World Report - While the nation's real estate crash has been a nightmare for homeowners, it has created some outstanding opportunities for would-be buyers. Home prices in 20 major cities dropped 33 percent from the summer of 2006 to the spring of 2009--and in certain markets, the plunge was even steeper. At the same time, the federal government's efforts to revive the housing market have helped drive financing costs to record lows. Thirty-year fixed mortgage rates fell to an average of 4.32 percent for the week ending September 2. That's the lowest level in nearly 40 years of record-keeping. ...

Credit Suisse is still bullish on the economy and the equity markets. They believe we are experiencing a typical mid-cycle slow-down and NOT a double dip.

U.S. News & World Report - Kathleen Rehl shares an unwanted identity with 11.5 million other American women. She's a widow. Unlike most of them, she's a financial planner. And now, more than three years after the death of her husband, Tom, she is also an author. "Moving Forward on Your Own: A Financial Guidebook for Widows," is a short, 80-page journey through the stages of grief that she felt. It's also an emotional as well as financial guide to the types of adjustments faced by a sadly growing number of women who have outlived their husbands.

Sanofi-Aventis SA, France’s largest drugmaker, got about $10 billion of underwritten loans to back its bid for U.S. biotechnology company Genzyme Corp., two people familiar with the situation said.

BHP Billiton Ltd.’s loan underwriters attracted demand in excess of the US$45-billion sought to fund the miner’s bid for Potash Corp. of Saskatchewan Inc., a person familiar with the situation said

BHP Billiton Ltd. ’s loan underwriters attracted demand in excess of the $45 billion sought to fund the miner’s bid for Potash Corp. of Saskatchewan Inc. , a person familiar with the situation said.

Reuters - Michael Barr, assistant treasury secretary for financial institutions, and Edward DeMarco, acting director of the Federal Housing Finance Agency will testify on Capitol Hill next week on the future of Fannie Mae and Freddie Mac .

AP - Shares of Capstead Mortgage Corp. fell Friday after the real estate investment trust cut its dividend for the fifth straight quarter.

Shares of Capstead Mortgage Corp. fell Friday after the real estate investment trust cut its dividend for the fifth straight quarter.

Americans have sharply reduced their use of credit cards, and some analysts believe the trend will continue even after the economy has fully recovered.

NEW YORK -- Record-low mortgage rates didn't rejuvenate the housing market. Now they're up. On Thursday, Freddie Mac said the average rate for a 30-year fixed loan was 4.35 percent, the first weekly rise since mid-June. That's up from 4.32 percent the previous week.

Indian bank loans rose 19.4 percent on year as of Aug. 27, the central bank's weekly statistical supplement (WSS) showed on Friday.

A class-action lawsuit was filed Thursday seeking to tie a payday loan company to a widespread process serving scheme to file false court affidavits.

COVENTRY City have secured the services of promising Bolton Wanderers forward Danny Ward on a youth loan until January 1.

SUBSCRIBERS: Credit Agricole Unit To Buy Axeria Vie Already Reported

Mortgage rates for 30-year US loans rose for the first time in 12 weeks as Americans sought refinancings amid record-low borrowing costs. United States - Mortgage - Loan - Business - Financial Services

The Mortgage Advice Bureau has launched a wealth management service.

MICHIGAN CITY — Building on an earlier effort to keep one Michigan City factory from moving, the Common Council is considering creating a loan fund to give riverboat money to companies that preserve or create jobs.

Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame the rates if home sales stay sluggish.

Mortgage rates mostly edged up last week as investors' fears about the economy eased. Mortgage buyer Freddie Mac says the average rate for a 30-year fixed loan was 4.35 percent, up from 4.32 percent the week before. Applications to refinance home loans fell 3.1 percent last week, their first drop in six weeks, the Mortgage Bankers Association said Wednesday. Applications to refinance loans ...

Mumbai, Sep 9 : Conversion of a portion of loan into equity, rescheduling of payment and downward revision of interest rates are some of the elements of the restructuring package being offered to the Airline industry which has sought RBI intervention to come to their rescue saddled with a huge loan of Rs 60,000 crore.

Credit Suisse, Switzerland's second largest bank, has poached the former global head of corporate advisory group from arch-rival UBS.

A roundup of the latest syndicated loan market news.

AP - Record-low mortgage rates failed to pull the housing market out of its funk. Now rates are inching higher, but don't blame them if home sales stay sluggish.

RBS shifted loans of Liverpool owners Tom Hicks and George Gillett to "bad debts" division in March.

The Motley Fool - The looming cloud hanging over our collective financial future has a big, fat silver lining -- if you bother to look for it.

AP - A federal grand jury in Richmond has indicted three Texas men for allegedly defrauding investors in their life insurance settlement businesses.

WASHINGTON -- Mortgage rates mostly edged up this week as investors' fears about the economy eased. Mortgage buyer Freddie Mac says the average rate for a 30-year fixed loan was 4.

AVAILMENTS of rediscounting loans fell by over half in the eight months to August compared to a year earlier after the central bank slashed its budget for the facility and jacked up the cost of borrowing.

A year and a half after it began, the federal government's loan-modification program is helping fewer homeowners facing foreclosure than hoped.

Mortgage rates mostly edged up last week as investors' fears about the economy eased.

Perkins loans are very low cost, but scarce

A gauge of corporate credit risk in the U.S. fell to the lowest in more than four weeks after a government report showed applications for jobless benefits fell more than forecast last week.

Tommy Smith has completed his loan switch from Portsmouth to QPR after the Football League rejected his initial deadline-day switch.

Mortgage rates rose off last week's record lows, while borrowers remain locked in "pause mode."

THE organisers of the Festival Fringe are to be given another loan by the city council in a bid to ease financial pressure.