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02/03 - In Arizona, a company was advertising consumer loans, debt-consolidation loans and home loans under a name "Golden One International."Then the real Golden 1 Credit Union in California eventually got calls from collection agents trying to collect bills run up by Golden One International....
The article offers some insights into trends pertaining to consumer loans in the Gulf region as of 2007. Statistics indicate that Gulf banks extended $44 billion in new personal loans in the two years to the end of 2006, which is an increase of 66 percent. Personal lending accounts for 35...
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According to theFederal Reserve, personal loans used for a variety of purposes reached $356 billion or about 10 percent of nonrevolving consumer credit at the end of 2022. This trend reflects the increasing popularity of personal loans as a flexible and convenient financing option for debt consoli...
Taycor Financial: Best for large business loans Overview:A nationwide lender, Taycor Financial offers many business loan options, including equipment financing, term loans, lines of credit and working capital. The online lender also offers equipment leasing if you can’t buy equipment outright. Its ...
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As part of this larger cleanup effort, the Consumer and Business Lending Initiative (CBLI) was given the task of strengthening the markets for credit that were available to small business owners and consumers. Up to $200 billion in financingwas made available to buy small business loans,commercia...