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GM says automakers deserve $50 billion in federal loans: report (Reuters via Yahoo! News)
Automakers deserve as much as $50 billion in government-backed loans so that they can build more fuel-efficient cars, according to a top General Motors executive, the New York Times reported.
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Farmers hurt by Dolly now eligible for loans (San Antonio Express-News & KENS 5)
Deep South Texas farmers and ranchers hard hit by Hurricane Dolly have been declared eligible for government loans to get them “back on their feet,” Hidalgo County Judge J.D. Salinas said Friday.
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Loans available for farmers, ranchers hit by Dolly (San Antonio Express-News & KENS 5)
Deep South Texas farmers and ranchers hard hit by Hurricane Dolly have been declared eligible for government loans to get them “back on their feet,” Hidalgo County Judge J.D. Salinas announced today.
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Five local businesses receive metro government loans (Louisville Courier-Journal)
A new restaurant in Valley Station and four other businesses have been awarded small-business loans from Louisville Metro Government.
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APS offers loans for renewables (Arizona Daily Star)
The new loans will help more Arizona Public Service Co. customers add personal renewable energy systems.
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Curbs on interest-only loans (Financial Times)
Lenders are taking a tougher line with borrowers who want to take out interest-only mortgages as they fear falling house prices could make it harder for these customers to eventually repay their loans.
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Consumers who don't really need the money have no trouble getting loans, says this financial expert. (Bankrate.com)
Consumers who don't really need the money have no trouble getting loans, says this financial expert.
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GM's Lutz Calls For $50 Billion In Government-backed Loans (Fox News)
GM's Lutz Calls For $50 Billion In Government-backed Loans
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Detroit 3 say potential U.S. loans wouldn't be bailout (Detroit Free Press)
WASHINGTON -- Detroit's automakers pushed back Thursday against criticism of their drive for $50 billion in federal loans as a bailout, saying the government needed to step in when markets failed.
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ACCC to probe CBA's Aussie Home Loans purchase (Australian Broadcasting Corporation)
The corporate watchdog says it is investigating the Commonwealth Bank's (CBA) purchase of a third of the mortgage company Aussie Home Loans.
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