Loans

Homefront: What happens to absconders that flee mortgaged Dubai properties in negative equity?

Given the fall in property prices in Dubai, I know several people that have fallen into negative equity and are considering walking away from their …

Real Estate

Interest-only loans expensive and inappropriate for most owner-occupiers: ASIC

Banks and mortgage brokers have been put on notice that they will be pursued by the Australian Securities and Investments Commission unless they …

Mortgages

Commercial property tax funds small change for workers

For many workers the tax changes announced in Budget 2018 will only have a relatively small effect.<p>Somebody earning €18,000 gets an additional €6 …

News (Ireland)

Rome urges ECB caution in reducing eurozone bad loans

Italy has said the European Central Bank’s approach to reducing non-performing loans in the EU is problematic. The country's banks have the most bad …

World News

This former athlete is helping British students crowdfund university fees with interest-free loans

• <b>EdAid lets people crowdfund interest-free student loans.</b>• <b><br>Around 100 students have used the service so far.</b>• <b><br>"We want to level that playing field," founder Tom Woolf tells Business Insider.</b><p>LONDON — UK Prime Minister Theresa May pledged on Wednesday to cap university fees at the current level in a bid …

Business

Shopping for loans

Investment alerts,End of day market reports, Market news analysis,External research reports and Technical calls<p>Daily update on Business and Market …

Shopping

ECB action on bad loans will gird banks’ defences

The eurozone’s fortunes have been transformed in the past couple of years. Growth has returned even to the most depressed corners of the bloc’s …

Economy

ECB pushes to deter banks from holding sour loans

The European Central Bank has launched a fresh push to force banks to tackle losses from loans that have gone sour, in an effort to stamp out one of …

Economy

UBS thinks Australians have borrowed billions for housing without realising they're interest-only loans

Max Mumby/ Indigo/ Getty Images<p>The UBS banking team has highlighted another potential red flag in Australian housing, interest-only loans, and more …

Mortgages

Melbourne fintech Study Loans is on a mission to give students ethical financing after raising $2 million

Melbourne-based fintech Study Loans is on a mission to rebuild trust in the student loans sector, launching its credit engine offerings after raising …

Ethics

Here's why some homeowners still can't sell

Home prices and housing demand are both soaring, and real estate agents are desperate to find more homes to list. Sounds like a dream for any …

Real Estate

London’s estate agents fear the effects of slow growth and Brexit

“It’s like being lost at sea without being able to see the coast in any direction,” says Ian Ailes, director of Andrew Scott Robertson, an estate …

Real Estate

A financial planner gives advice to a 24-year-old with $80,000 in student loans

<i>Dear Carrie,</i><p><i>I'm 24 and came out of school with $80,000 in college loans. I've been luckier than most of my friends and have a full-time job, but I'm wondering whether I should pay off my loans before I start saving for retirement. What do you think?—A Reader</i><p>Dear Reader,<p>This is a great question and …

Financial Planning

Nearly US$46bn taken out in short-term consumer loans since March to help fund Chinese house buys

At least 300 billion yuan (US$45.7 billion) worth of short-term consumer loans have been taken out by Chinese borrowers and ploughed into the …

News (China)

Record Household Debt Limits GDP Growth Going Forward (Article 8 Of 10)

While consumers deleveraged after the Great Recession, they ultimately resumed their borrowing and we are now at a record high household debt level, …

Economy

Towns where house prices never recovered from 2007 crash

NHS worker Stacey Flinn-Scholfield and her husband Paul, pictured, were forced to sell their home at a loss last year after house prices failed to …

Personal Finance (UK)

Let It Go: Perkins Loans Should Expire

Leonardo da Vinci once noted that simplicity is the ultimate sophistication. When it comes to student loans, the Renaissance artist’s wisdom is lost on Congress.<p>At the end of September, the federal Perkins student loan program will expire unless Congress renews it. My AEI colleague, Jason Delisle, …

Higher Education

'Liar loans' hit $500 billion: UBS

The amount of home loans that have been extended based on "factually inaccurate" information is estimated to have reached $500 billion, according to …

Outstanding auto loans hit record $1.1 trillion

Outstanding auto-loan balances in the U.S. reached a record-high $1.1 trillion in the second quarter, a 7.1 percent rise, according to Experian's …

Mortgages

Meet a student who had mounting loans and didn’t know it

Just before graduating, Nathan learned the scholarships and grants he thought paid for his degree didn’t exist. The for-profit school Everest had …

Students

5,000 Greek Properties Under the Electronic Auction System by End of 2017

Despite the SYRIZA-led government’s promises that no house will be repossessed and sold by the banks, the new system of online real estate auctions …

Greece

TransDigm Is A Highly Levered Roll-Up With Significant Risk

Through its private equity model, the firm has experienced extraordinary financial results.<p>The firm has no organic growth and is highly …

Business

Fintech NBFC “Prest Loans” Forays Its Operations In Rajasthan

Prest Loans the new age FinTech NBFC, providing online loans to small businesses and MSME segment has expanded its operations by opening new office …

FinTech

Diesel drivers face being hit with huge bills as first figures show used car prices are flatlining

Hundreds of thousands of diesel car drivers could find themselves trapped in finance deals they cannot afford, as data suggests Government policy is hitting the value of their cars for the first time.<p>Car sales data has revealed that used diesel car values have fallen below used petrol car values …

Transportation

The Truth of Why Americans are in so Much Debt | Times Square Chronicles

The Truth of Why Americans are in so Much Debt<p>Let us face facts, Millennials are the face of America these days and including them, most Americans …

Times Square

What happens to your debts after you die?

Have you ever wondered what happens to your debts after you die? Do they disappear, transfer to others, or settle into a form of debt purgatory? …

Credit Card Debt

Car-Mageddon Is In Play: Use Options To Limit Downside And Catch The Upside

The vehicle market is worsening. After years of booming car sales and steady car prices, it has now turned and will worsen from here.<p>Subprime lenders …

Business

bxblue wants to move payroll-secured loans online in Brazil

Payroll-secured loans are a $40 billion a year business in Brazil, but that business largely happens offline. A startup in Y Combinator called bxblue wants to change that by creating a marketplace for borrowers to evaluate multiple loan options all in one place.<p>In Brazil, one of the more popular …

YCombinator

This One Move Could Save You Almost $3,000 on Some Student Loans

Here's how the savings add up.<p>It may seem obvious that you should do some basic comparison-shopping before committing to a student loan. A new …

Family

Rob Stock: The nightmare of negative equity

Some people who bought recently now own homes worth less than they paid for them.<p><b>OPINION:</b> Has the crash finally started?<p>Barfoot and Thompson's July …

Mortgages