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6 Ekim 2010 Çarşamba

Survey is the availability of credit has not improved


”Survey A survey by the EEF engineering group has discovered that UK companies are still struggling to get more for credit.
According to the manufacturing organization, the credit is more expensive than today, two months ago.
The claim comes despite calls from the government and entrepreneurs to increase lending to companies.
Commenting on his report, Lee Hopley, chief economist at the EEF, said: "The recession and the crisis in financial markets have worsened the costs and requirements for access to

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Labels: make money
Report reveals lenders not passing on base rate cuts
Report reveals lenders not passing on base rate cuts

”Reportby Kay Murchie"Report
The Bank of England Quarterly Bulletin revealed that High Street banks have not fully based on interest rate cuts over.
Interest rates have been (as the country was in the middle of the worst recession in decades) on the record low of 0.5% in March 2009 took place, but despite this, banks not to pass savings to the borrower.
August figures showed that banks charge high rates for overdraft loans - at an average of 19.1% - 38 times more than the 0.5% interest.
The report says
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Labels: loan center
My Home Finance started for those who do not save on a loan
http://www.financemarkets.co.uk/images2/money-5.jpgThe coalition government has a new scheme aimed at borrowers with poor credit ratings or those with low incomes.

My Home Finance was approved by the Government and National Housing Federation (NHF), with 10 stores opening in the West Midlands by the end of next month.
If successful, the scheme in the UK is to extend from April 2011. The branches are located in busy shopping streets and shopping centers.
It is also to be hoped that the scheme will discourage people from borrowing from loan sharks.
The scheme, operated in coop
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Labels: loan news
Wednesday, September 8, 2010
Debt Restructuring Explained
Debt Restructuring Explained
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Debt Restructuring
Debt restructuring is a process that a company can negotiate its debt position with creditors. This could involve the restructuring of the debt in a number of different ways. This is done as a cheaper alternative to bankruptcy in most cases. A corporate bankruptcy usually costs at least $ 50,000 to complete. Because of these high costs, a very small percentage of the company remain intact after bankruptcy. However, with rescheduling of the company has a good chance to stay afloat.
How it works
With this process, the company evaluates all its various debts. Contact each creditor and try to negotiate a resolution with them. This could agree with a creditor to make alternative payment arrangements or a long
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Labels: loan area
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