The Loans Blog

online loans

Will Online Learning Work for You?
Posted Sunday, February 04, 2007 3:02:13 PM by Blog57 Team
(ARA) - Want to advance your career or change jobs altogether? If the answer is yes, then what's holding you back? More often than not it's the lack of an advanced degree.For people who are already working full time and have families, going back to school used to be impossible, but not anymore. Online Education has opened doors for a lot of people.Going to school online means no hurried commute to make it to class in time; students can log on to their course any time of day; and since most programs have rolling admissions with courses begin frequently, students don't have to wait until the semester change to get started. ....

Online entrepreneurs set for windfall
Posted Monday, January 01, 2007 1:05:04 PM by Blog57 Team
RAPIDLY expanding North Wales online financial services venture, Moneysupermarket.com, is expected to decide shortly on whether to float in a move which would help finance expansion into the mainland European marketplace. The Ewloe-based firm has been sounding out advisers on the possible float for several months. Moneysupermarket.com is attracting about two million visitors a month to its innovative site, which provides customers with price comparisons on items ranging from mortgages and mobile phones to packaged holidays and gas and electricity. Finance and holiday businesses pay fees to the company according to how many users follow links from the comparison site to their own web pages. Moneysupermarket.com estimates customers got more than £4bn in personal loans from its pages in 2003 and made more than two million credit card applications....

Britain finally pays off World War Two loans
Posted Saturday, December 30, 2006 3:02:51 PM by Blog57 Team
Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters. UK online business, currency, markets and financial news ....

New Application Process for Adjustable Rate Home Loans Eliminates Extra Costs and Stress
Posted Monday, November 13, 2006 11:06:28 PM by Blog57 Team
Royal Consultants announces quick and streamlined loan process that allows customers to easily consolidate loans and realize their financial goals. RISMEDIA, November 13, 2006According to experts at Royal Consultants (www.royalhomeloans.com), due to rising interest rates on the horizon, home owners with adjustable rate mortgage loans must start weighing their options and consider consolidating. With the high number of exotic loans that have been developed over the past few years, many home owners do not even realize the sudden impact that a interest rate hike can have on their monthly mortgage. The only way to secure a mortgage payment that will not change with the volatility of the interest rate market is with a fixed rate home loan. However, many home owners are hesitant to consolidate because of the extensive time and effort most loan companies put home owners through during the loan process....

TOM Online Inc. Reports 3Q 2006 Results
Posted Saturday, November 11, 2006 3:22:01 PM by Blog57 Team
TOM Online Inc. (Nasdaq: TOMO; Hong Kong GEM: 8282) (''TOM Online'' or ''the Company''), a leading wireless Internet company in China, announced today its financial results for the third quarter ended September 30, 2006 (''3Q06''). Financial Highlights -- Total revenues were US$38.95 million (''mn''), a decrease of 15.2% from the same period last year and 22.3% from last quarter. -- Wireless Internet revenues were US$34.71 mn, representing a 19.6% decrease from the same period last year and a 24.1% decrease from the previous quarter due to the impact from recently implemented operator and government policies. Wireless Internet revenues made up 89.1% of the Company's total quarterly revenues. -- Online advertising revenues were US$3.53 mn, representing a 36.3% increase from the same period last year but a 9.2% decrease from the previous quarter....

Payday loans rise online -- and so does debt
Posted Saturday, November 11, 2006 1:23:51 PM by Blog57 Team
People who need quick cash don't have to trek to a payday-loan store anymore. They can just choose from hundreds of companies that deliver instant money over the Internet.With names like MyCashNow. com and PayDayOK.com, Web-based lenders are promising fast help for financial emergencies. But credit counselors say the Internet operators, a new part of a $25 billion lending marketplace, are also bypassing state laws on payday loans and leading thousands of Minnesotans into deeper financial trouble."With online loans, they're greasing the skids so people slide into boiling oil that much faster," said Darryl Dahlheimer of Lutheran Social Service Financial Counseling in Minneapolis. "The ease of access and the anonymity allow people to get into trouble with much less oversight."When Dontelle Coles' car broke down, it was easy to get a $500 loan online."Just go to a search [engine] and put in 'payday loans.' Millions will pop up," Coles said.Over the next two years, she borrowed $5,000 over the Internet -- and paid back about $15,000 before she got clear."They say there's a limit to how many [loans] you can have, but they don't care....

Movers: Vivendi falls as revenue fails to meet expectations
Posted Thursday, November 09, 2006 7:23:59 AM by Blog57 Team
Shares of Vivendi fell Tuesday after the owner of the largest music company in the world said that third- quarter sales rose 0.3 percent, less than most analysts had forecast, as it added subscribers for online games and pay- TV channels. Sales rose to €4.89 billion, or $6.2 billion, from €4.87 billion a year earlier, the company said. Sales had been expected to rise 1.8 percent to €4.96 billion, according to 11 analysts surveyed. Vivendi said Saturday that a "friendly" approach from the buyout firm Kohlberg Kravis Roberts, which included keeping the company's assets together, had not resulted in a bid. Higher third-quarter revenue from games and pay-TV made up for falling sales from Vivendi's music unit and mobile-phone business SFR....

BD Nationwide Mortgage Introduces the Second Mortgage that Requires NO Appraisal for Home Equity Loans to 125% and
Posted Tuesday, November 07, 2006 3:13:06 AM by Blog57 Team
(PRWEB) November 6, 2006 -- BD Nationwide Mortgage introduces the "Fast Fund Second Mortgage Loan" that requires no formal appraisal. The latest second mortgage product from BD Nationwide reduces the funding times for home equity loans, because underwriting accepts an automated value model rather than a URAR or 2055 appraisal that requires a licensed appraiser to visit, survey, and appraise a property and the comparable properties. The average full appraisal or drive by typically takes 7 to 10 business days to complete from the time the loan officer or mortgage broker orders the appraisal. Most of the AVM models accepted with these second mortgages takes the loan officer about 20 seconds to complete for most properties. Besides increasing the efficiency of the loan process, this "Fast Fund Second Mortgage" program reduces the loan costs $300 to $500 per loan, depending on the state....

Supermarket loans 'bad value'
Posted Saturday, November 04, 2006 7:23:27 PM by Blog57 Team
Consumers who buy financial products from the same place as their groceries could be paying over the odds, the consumer group Which? said yesterday. An investigation of credit cards, loans, savings and insurance deals on sale at supermarkets and retailers found they often represented poor value compared with those available from traditional outlets. Taking out a £5,000 personal loan from Marks & Spencer would cost £384 more over three years than borrowing the same sum from Moneyback Bank, said Which?. Similarly, taking the best-buy credit card on offer instead of the one from the local supermarket could save a considerable amount of money. Whereas Morrisons' credit card has an annual interest rate of 18.9% and Tesco charges 12.9%, the rate on Halifax's flat-rate online card is 5.9%....

Prosper says online loans marketplace prospering
Posted Thursday, November 02, 2006 7:02:23 PM by Blog57 Team
It appears that online person-to-person lending is growing in popularity, with Prosper, America's first people-to-people lending marketplace, revealing that it has reached the 100,000 members milestone. The company, which launched in February 2006, has also generated more than $20 million in loans within that same time period. ....

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