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Loan shark fear amid payday crackdown

2015-07-21 07:02:04| BBC News | Business | UK Edition

Borrowers are at risk of falling into the hands of illegal lenders because of "severe restrictions" on payday lending, a trade body argues.

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Negotiating Loan Commitments from the Borrowers Perspective

2015-07-20 15:30:00| National Real Estate Investor

By Brooks R. Smith, Partner, Bradley Arant Boult Cummings LLP With many CMBS loans maturing estimated at approximately $300 billion between the years 2015 and 2017 refinances or take-out loans also continue to fuel the commercial real estate lending landscape. read more

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EIB provides 340m loan for Rhine-Ruhr Express project in Germany

2015-07-20 01:00:00| Railway Technology

The European Investment Bank (EIB) is offering a 340m long-term loan to help fund the Rhine-Ruhr Express (RRX) project in North Rhine-Westphalia, Germany.

Tags: project germany express loan

 

Honda's US auto finance arm to pay US$24 million over loan pricing problems

2015-07-14 23:01:40| Automakers - Topix.net

WASHINGTON: A U.S. auto finance arm of Honda Motor Co will pay US$24 million in restitution over allegations that its loan pricing practices caused minority customers to pay higher interest rates than white borrowers did, U.S. regulators said on Tuesday. The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination.

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Honda's U.S. auto finance arm to pay $24 million over loan pricing problems

2015-07-14 22:40:59| Auto Dealers - Topix.net

The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. The company added that it disagreed with how the two regulators determined discrimination but "we nonetheless share a fundamental agreement in the importance of fair lending."

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