SEOUL, May 1 (Yonhap) — South Korean banks’ bad debt rate climbed in the first quarter from three months earlier as more builders failed to repay loans, the financial regulator said Sunday. Non-performing loans at 18 local banks reached 25.9 trillion View full post on All Stories
Posts Tagged ‘Debt’
Banks’ bad debt rate rises in Q1
May 1st, 2011 
davidguide 
Posted in Banking 
Tags: bad debt, Debt, debt rate, financial regulator, first quarter, korean banks, Non-performing, rate, Seoul, trillion 
Comments OffChrysler to repay $7.5B of government bailout loan
April 28th, 2011 davidguide Chrysler said Thursday it will take out bank loans and sell debt to repay $7.5 billion in loans that it still owes the U.S. and Canadian governments, a major step toward becoming a publicly traded company again. View full post on All Stories
Posted in Banking Tags: 5b, bailout loan, bank loans, canadian governments, chrysler, Company, Debt, Thursday Comments OffLawmakers Get Credit – for Bad Credit Ratings
April 22nd, 2011 davidguide COMMENTARY: Those of us calling for a return to fiscal sanity in the halls of government by following private-sector practices frequently hear: “Government is not a business.” Maybe not. But when government operates like a successful company, it works a whole lot better – and costs a whole lot less. Then there’s Frankfort. Political generosity [...]
Posted in Personal Loans Tags: budget, budget savings, census bureau data, Debt, fiscal sanity, gravy train, interest, medicaid benefits, private sector practices, steve beshear Comments OffTreasury secretary confident Congress will raise debt limit
April 18th, 2011 davidguide Treasury Secretary Timothy Geithner says Republican leaders have privately assured the Obama administration that Congress will raise the government’s borrowing limit in time to prevent an unprecedented default on the nation’s debt. View full post on All Stories
Posted in Banking Tags: Borrowing, congress, Debt, debt limit, limit, republican leaders, timothy geithner, treasury secretary Comments OffPayday loans buy borrower further money troubles
February 21st, 2011 davidguide Q. I have gotten myself into a bad debt situation. To relieve some of my debt stress, I have become wrapped up in several payday loans. These loans have just made things way worse. I am overdrawn at my bank and I don’t know what to do. I have not been able to get a [...]
Posted in Banking Tags: bad debt, borrower, Debt, debt consolidation loan, debt situation, debt stress, money troubles, Payday, payday loans Comments OffFitch: outlook on state ratings remains negative
February 3rd, 2011 davidguide NEW YORK (MarketWatch) — Fitch Ratings analysts said Thursday that they expect to downgrade more ratings than usual this year, but most of the 43 states the firm rates will stay above AA. “The credit quality of states will remain very strong,” said Laura Porter, head of Fitch’s U.S. states ratings group. “Downgrades will be [...]
Posted in Personal Loans Tags: budget, Debt, fiscal challenges, fitch ratings, government deal, laura porter, market pulse, municipal bonds, short news, tax Comments OffRating cut could help justify painful fiscal reforms in Japan
January 30th, 2011 davidguide TOKYO – Japan’s deteriorating public finances have prompted Standard & Poor’s to cut the country’s sovereign debt rating, but experts say the move has had little negative … View full post on All Stories
Posted in Personal Loans Tags: amp, Debt, fiscal reforms, japan tokyo, public finances, rating, sovereign debt, Standard, tokyo japan Comments OffDebt Consolidation Loans For People With Bad Credit
December 30th, 2010 davidguide Are you very much worried about your bad credit and are trying to find a way out of the situation? Then perhaps, you could look around Loan Pitstop which is a UK based online company and market specialists that help people with bad credit loans for debt consolidation. They can also help the people with [...]
Moody’s may cut Portugal rating by a notch or two
December 21st, 2010 davidguide LONDON (MarketWatch) — Moody’s Investors Service on Tuesday placed Portugal’s A1 long-term and Prime-1 short-term government bond ratings on review for possible downgrade. The main triggers for the review include uncertainties about Portugal’s longer-term economic vitality, and concerns about the nation’s ability to access the capital markets at a sustainable price. Also, Moody’s is worried [...]
Posted in Personal Loans Tags: anthony thomas, bond ratings, Debt, economic vitality, fiscal consolidation, investors service, Moody, private capital markets, rating, thomas moody Comments OffIceland to repay Britain $3.45 billion debt due to Icesave Bank failure
December 10th, 2010 davidguide Vittorio Hernandez – AHN News Reykjavik, Iceland (AHN) – Iceland will start repaying a $3.45 billion (EUR 2.6 billion) from Britain in 2016. Reykjavik owed the amount to London after the online Icesave Bank failed two years ago. The agreement to repay ends two years of dispute over interest rates between the two countries after [...]
Posted in Banking Tags: $3.45, agency moody, agreement, Bank, Billion, Britain, Debt, Denmark, european economic area, failure, Finland, high interest accounts, Iceland, Icesave, interest, international monetary fund, London, Norway, Percent, repay, Reykjavik, reykjavik iceland, Sweden, the Netherlands, U.K., welsh councils Comments Off