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What is a Car Loan?
A car loan is a type of credit offered by a bank or other financial lender for the specific purpose of buying a vehicle. Car loans allow you to finance buying a new or used car. There are a range of car loans available from banks, building societies or financial institutions; you can also take out a car loan with a specific car loan lender. Car loans are the most popular type of loan that people apply for. Car loans, as the name suggests, are unsecured loans specifically designed for the purchase of a car. Car loans can be seen as a riskiest of loans from the lender's point of view. This is because unlike a secured loan that may be used for home improvements that can add value to your home; a car loan is for an asset that depreciates very quickly. Thus you will find that car loans have generally a higher rate of interest than any other type of loan. A car loan does not require any collateral to apply. Almost all loan providers will allow you to apply for a car loan, with a few specializing in this area. The main reason people may apply to a specialist car loan provider (such as car dealers) may because their credit rating is not good. Please be warned that you will pay a higher interest rate from these specialist firms. You enter into an agreement with your lender to borrow a specified amount, usually up to a maximum of £25,000 depending on your circumstances. You then pay back the loan over a set period of time. The payments you make consist of both the principal amount of the loan plus interest. With this type of loan you own the car from the time you buy it. Car loans are form of personal loan of which there are several basic types with slightly different conditions attached. There are three different types of car loan: Manufacturers' schemes You see these types of loans advertised by the car manufacturer and these can be arranged either directly with them or via a local car dealership. Part exchanges on your current vehicle are normally accepted, and the remaining balance is paid through a loan. As with a hire purchase scheme, you will not be the owner of the vehicle until you have repaid the loan in full. If you default on repayments, the car will be repossessed. Hire purchase (HP) This sort of car loan is arranged by car dealerships, and in effect it means that you are hiring the car from the dealer until the final payment on the loan has been paid. When the loan has been fully repaid, full ownership of the vehicle is transferred to you. Personal Loan You have the option of either taking out a general personal loan, or a personal loan designed specifically for car purchase. The two are almost identical, but because a car loan is taken out specifically to buy a car, the lender may offer you car-related incentives such as emergency breakdown cover, free motor insurance or special discounts on car accessories. Personal loans normally have lower interest rates than manufacturer schemes or hire purchase loans. You may freely reprint this article provided the author's biography remains intact: About The Author
MORE RESOURCES: table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/0i-0fd=Rurl=http://www.boston.com/business/articles/2008/10/07/countrywide_reaches_84b_fraud_settlement_with_11_statescid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEJ8PITnoUrzgr4Y9pTuMdg9RizIQimg src=http://news.google.com/news?imgefp=dUjOK9GDjb0Jimgurl=cache.boston.com/resize/bonzai-fba/Globe_Photo/2008/10/06/1223342238_6527/539w.jpg width=80 height=40 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/0-0fd=Rurl=http://www.azcentral.com/arizonarepublic/business/articles/2008/10/07/20081007biz-countrywide1007.htmlcid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGsb4G6EdrupEwKBrN92qbJoqQJigCountrywide bloans/b to be modified/abrfont size=-1font color=#6f6f6fArizona Republic,nbsp;AZnbsp;-/font nobr16 hours ago/nobr/fontbrfont size=-1Borrowers with subprime and other adjustable-rate bloans/b will be eligible for significant bloan/b modifications beginning in December, Arizona Attorney General b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-1fd=Rurl=http://www.sfgate.com/cgi-bin/article.cgi%3Ffile%3D/c/a/2008/10/07/MN8B13CBE4.DTLcid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHrsoLvF_h_fds3y5oseAhWafhNSgBofA OKs foreclosure relief for Californians/a font size=-1 color=#6f6f6fnobrSan Francisco Chronicle/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-2fd=Rurl=http://www.suntimes.com/business/1205640,CST-FIN-countrywide07.articlecid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHjhncMNEzP481L7T4sduTDzH9KtQMortgage relief deal/a font size=-1 color=#6f6f6fnobrChicago Sun-Times/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/0-3fd=Rurl=http://www.reuters.com/article/regulatoryNewsFinancialServicesAndRealEstate/idUSBNG28749420081006cid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGIgI4uodueRGEUFvjU7F0yRFHA0ABofA in $8.6 bln settlement over Countrywide bloans/b/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/0-4fd=Rurl=http://www.forbes.com/finance/2008/10/06/bank-america-countrywide-pf-ii-in_pr_1006dividend_inl.htmlcid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHOM4lT2khuxNL6gUQYYe19A2mJIwnobrForbes/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/0-5fd=Rurl=http://www.mercurynews.com/news/ci_10654181cid=1254649040ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFdcDa2RB3yG4CQW8A8GH2sZ8IcnQnobrSan Jose Mercury News/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254649040hl=ennobrall 1,285 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/1i-0fd=Rurl=http://news10now.com/content/politics/125547/schumer-calls-for-student-loan-programs-protections/Default.aspxcid=1254932319ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHhYEVUyFacaT38UHZ6a4GWASpwBQimg src=http://news.google.com/news?imgefp=Mgwx4TzLQcUJimgurl=images.news10now.com/media/2008/10/7/images/01chcuk.jpg width=80 height=60 alt= border=1brfont size=-2News 10 Now/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/1-0fd=Rurl=http://www.newsday.com/services/newspaper/printedition/tuesday/business/ny-bzloan075873054oct07,0,5924441.storycid=1254932319ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFL8Nv5n77roGOICn8hv3W8PvkbJwSchumer asks feds to include student bloans/b in bailout/abrfont size=-1font color=#6f6f6fNewsday,nbsp;NYnbsp;-/font nobr12 hours ago/nobr/fontbrfont size=-1quot;We have to build a wall around the student bloan/b market to protect our kids from the credit crisis,quot; Schumer said at a news conference yesterday in b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-1fd=Rurl=http://www.1010wins.com/Schumer-Wants-Student-Loan-Market-to-Be-Protected/3091042cid=1254932319ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGWVcBJCYpQWr9ptAmN2qIQpwLg1wSchumer Wants Student bLoan/b Market to Be Protected/a font size=-1 color=#6f6f6fnobr1010 Wins/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/1-2fd=Rurl=http://www.wten.com/Global/story.asp%3FS%3D9132724cid=1254932319ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHHbBpITPkqi7wfxcxw3bYjVslx4gSen. 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class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254932319hl=ennobrall 150 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/2i-0fd=Rurl=http://www.thanhniennews.com/features/%3Fcatid%3D10%26newsid%3D42621cid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEG3ReSD8L9nd5RF1RffNYrWyFSLgimg src=http://news.google.com/news?imgefp=JCKquw2Lre4Jimgurl=www.thanhniennews.com/images/newsimages/banks-281-08.jpg width=80 height=60 alt= border=1brfont size=-2Thanh Nien Daily/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/2-0fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601102%26sid%3DaGzJJXWj4wnw%26refer%3Dukcid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFgcTlU0IirSd1YY8aI9NZmyj447gLibor for Overnight Dollar bLoans/b Jumps as Credit Freeze Deepens/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr3 hours ago/nobr/fontbrfont size=-1The London interbank offered rate, or Libor, that banks charge each other for such bloans/b rose 157 basis points to 3.94 percent today, the British Bankers#39; b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/2-1fd=Rurl=http://money.cnn.com/2008/10/07/markets/bondcenter/credit_markets/%3Fpostversion%3D2008100710cid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFyxR7lNejEvyjZ64ymzSWVaVMZdABonds fall as Fed bails out business bloans/b/a font size=-1 color=#6f6f6fnobrCNNMoney.com/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/2-2fd=Rurl=http://www.theglobeandmail.com/servlet/story/LAC.20081007.RBANKSEXPLAINER07/TPStory/Businesscid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHAuU8hbVYe-lrHrgavrTCL-DCzkAA user#39;s guide to market mayhem/a font size=-1 color=#6f6f6fnobrGlobe and Mail/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/2-3fd=Rurl=http://www.telegraph.co.uk/finance/breakingviewscom/3151851/This-is-kitchen-sink-central-banking.htmlcid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGPdQ0o41xCFPnXx8dl57LjyoXUcAThis is kitchen sink central banking/a font size=-1 color=#6f6f6fnobrTelegraph.co.uk/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/2-4fd=Rurl=http://goldnews.bullionvault.com/gold_central_bankers_rates_banks_1007200832cid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEq7LM1exl-ekeveHbxCY3gH8oV6gnobrBullionVault (press release)/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/2-5fd=Rurl=http://www.globes.co.il/serveen/globes/docview.asp%3Fdid%3D1000388633%26fid%3D942cid=1255114624ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHk4qKPdJhQxaxcgo4Fn_7CwzihpQnobrGlobes/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1255114624hl=ennobrall 150 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/3i-0fd=Rurl=http://abcnews.go.com/Business/Economy/wireStory%3Fid%3D5927588cid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHTzHX3H_Br43sU8LpsSRvBY0fLkAimg src=http://news.google.com/news?imgefp=m-ec8ozx8lgJimgurl=a.abcnews.com/images/Business/abc_foreclosure_081001_mn.jpg width=80 height=60 alt= border=1brfont size=-2ABC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/3-0fd=Rurl=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3Da98TMgmjzpSU%26refer%3Dhomecid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHOhGYyQTmRL5v0FqhTcstEL7kZkwFHA Will Take on Subprime bLoans/b Shunned by Lenders (Update2)/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr23 hours ago/nobr/fontbrfont size=-1The Congressional Budget Office estimates that 400000 households will get FHA- insured bloans/b and about one-third of those will fall behind again on their b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/3-1fd=Rurl=http://www.boston.com/business/articles/2008/10/05/federal_bailout_lacks_control_of_home_loans_to_aid_owners%3Fp1%3DWell_MostPop_Emailed6cid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEFBxLDEbVH4FOyNXZisJ373wyidAFederal bailout lacks control of home bloans/b to aid owners/a font size=-1 color=#6f6f6fnobrBoston Globe/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/3-2fd=Rurl=http://www.latimes.com/business/la-fi-qanda6-2008oct06,0,409154.storycid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGyrswysjlhm7yC7N8J7xjQSMtxsgHow much foreclosure relief will homeowners get from bailout plan?/a font size=-1 color=#6f6f6fnobrLos Angeles Times/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/3-3fd=Rurl=http://www.mercurynews.com/breakingnews/ci_10639078cid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHx8_RosLpLgjJLE1-DVyFJLVh_UAStruggling borrowers face brick wall on bloan/b workouts/a font size=-1 color=#6f6f6fnobrSan Jose Mercury News/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/3-4fd=Rurl=http://losangeles.injuryboard.com/miscellaneous/bailout-bill-may-help-borrowers.aspx%3Fgoogleid%3D248962cid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGdRHQmzH-STUmpeS7vyU6yp3h-aQnobrInjuryBoard.com/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/3-5fd=Rurl=http://www.mercurynews.com/breakingnews/ci_10645598cid=1253042931ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFOEpWTdsKJRU5Au502CdXjSYS_4QnobrSan Jose Mercury News/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1253042931hl=ennobrall 563 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/4i-0fd=Rurl=http://www.nytimes.com/2008/10/05/business/05fannie.htmlcid=1255178241ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHdFVbtZjH_Rk2Nz9spGQyFlwhBOwimg src=http://news.google.com/news?imgefp=tKiBBhYqBLAJimgurl=graphics8.nytimes.com/images/2008/10/04/business/05fannie-600.jpg width=80 height=44 alt= border=1brfont size=-2New York Times/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/4-0fd=Rurl=http://www.forbes.com/feeds/ap/2008/10/07/ap5519744.htmlcid=1255178241ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNF4cPC7-lwwHM-MRacXmFbMaklHVQFannie Mae to buy bloans/b from FHLB of Chicago/abrfont size=-1font color=#6f6f6fForbes,nbsp;NYnbsp;-/font nobr3 hours ago/nobr/fontbrfont size=-1AP 10.07.08, 12:31 PM ET Fannie Mae said Tuesday it will buy mortgages from the Federal Home bLoan/b Bank of Chicago under an agreement with the bank. b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/4-1fd=Rurl=http://www.newuniversity.org/main/article%3Fslug%3Dthe_bailout%253A_why_you163cid=1255178241ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGNSVO8IainVV6XVI2-ZtU012syxAThe Bailout: Why You Should Care/a font size=-1 color=#6f6f6fnobrNew University Online/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/4-2fd=Rurl=http://www.marketwatch.com/news/story/lockhart-says-freddie-fannie-may/story.aspx%3Fguid%3D%257BCBD88D67-EA59-4E5D-8648-2C59EEC2437A%257D%26dist%3Dmsr_2cid=1255178241ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNE7Tl2SrExVU8DDjxGmqu_FVFQN_QLockhart says Freddie, Fannie may sell bad assets: report/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a 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articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/5-0fd=Rurl=http://www.bizjournals.com/jacksonville/stories/2008/10/06/daily20.htmlcid=1255145355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGGRBYLubLwvjmVUA4D2aESBAlLIQStudy: Losses on new bloans/b hit record highs/abrfont size=-1font color=#6f6f6fBizjournals.com,nbsp;NCnbsp;-/font nobr1 hour ago/nobr/fontbrfont size=-1Mortgage companies nationwide lost an average of $560 on every bloan/b they originated last year, according to the Mortgage Bankers Association’s 2008 cost b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-1fd=Rurl=http://www.financialweek.com/apps/pbcs.dll/article%3FAID%3D/20081007/REG/810079981/1036cid=1255145355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGLvnC7e_hijX0KVy9Y3QcyvixX7gMortgage banks lost an average of $560 on each home bloan/b b.../b/a font size=-1 color=#6f6f6fnobrFinancialWeek (subscription)/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/5-2fd=Rurl=http://www.dsnews.com/view_story.cfm%3Fid%3D2983cid=1255145355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHPhvbWl9jq09CbbdLadOcHFxb-TAMBA Releases Annual Cost Study: $560 Lost on Every bLoan/b Originated b.../b/a font size=-1 color=#6f6f6fnobrDSNews.com/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1255145355hl=ennobrall 25 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/6-0fd=Rurl=http://www.forbes.com/feeds/ap/2008/10/07/ap5520135.htmlcid=1255199547ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGU5yoNau92U9c8RKajD05bvQCgLQND delegation says co-ops getting $400M in bloans/b/abrfont size=-1font color=#6f6f6fForbes,nbsp;NYnbsp;-/font nobr1 hour ago/nobr/fontbrfont size=-1The total includes a $325 million bloan/b to Bismarck-based Basin Electric Power Cooperative. Basin has been seeking federal help to build a coal-fired power b.../b/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/7i-0fd=Rurl=http://www.nwcn.com/business/stories/NW_100708BUB_fed_details_bank_loans_JM.ec4cd53c.htmlcid=1255213936ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNH5WXGbnHDZw08UaNyprREgcGI78wimg src=http://news.google.com/news?imgefp=QpmU2oXNwJIJimgurl=www.nwcn.com/business/stories/M_IMAGE.11beb4b9125.93.88.fa.d0.ec4fb87b.jpg width=80 height=60 alt= border=1brfont size=-2Northwest Cable News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/7-0fd=Rurl=http://www.marketwatch.com/news/story/fed-auctions-138-billion-banks/story.aspx%3Fguid%3D%257B5E340100-B1C4-437B-B576-943411A8E5DB%257D%26dist%3Dhpmpcid=1255213936ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHKRsE6ClUhdXhsZw_ydpHcHF0-tAFed auctions $138 billion to banks at 1.39%/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobr5 hours ago/nobr/fontbrfont size=-1Seventy-one banks bid for the bloans/b. One trader speculated that more banks may not have been able to corral the collateral for the larger auction in time. b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-1fd=Rurl=http://www.rttnews.com/Content/AllEconomicNews.aspx%3FNode%3DB2%26Id%3D733475cid=1255213936ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFqXR7qWJ7rHKWCIzqTcVGovFKrywFed Announces Schedule For Upcoming TAF Auctions/a font size=-1 color=#6f6f6fnobrRTT News/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-2fd=Rurl=http://www.marketwatch.com/news/story/financial-stocks-jump-after-feds/story.aspx%3Fguid%3D%257BA0F08A0F-14E1-40C5-9AB0-002CF4EB5ABD%257D%26dist%3Dmsr_10cid=1255213936ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNH25AvwsUMuhhZxa4io__IZvcaNlQFinancial stocks jump after Feds sets commercial paper buy/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/7-3fd=Rurl=http://www.marketwatch.com/news/story/global-central-banks-set-regular/story.aspx%3Fguid%3D%257BD5836F88-F22F-4FEA-9664-F0FC70170E44%257D%26dist%3Dmsr_2cid=1255213936ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNF_p3GckLbq-cv37VBN_L4ERu-ysQGlobal central banks set regular dollar auctions: Fed/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1255213936hl=ennobrall 167 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/8i-0fd=Rurl=http://www.economicnews.ca/cepnews/wire/article/131309cid=1254716355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEIlkw9jPSF-PmFE8zjN8mZi_bJjAimg src=http://news.google.com/news?imgefp=3qr1TO02A8sJimgurl=www.economicnews.ca/cepnews/img/article/missing.jpg width=80 height=60 alt= border=1brfont size=-2CEP News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/8-0fd=Rurl=http://www.nytimes.com/2008/10/07/business/07tax.htmlcid=1254716355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEWYG-fOLb3nMPo7IumlGYh1nIe9gTrying to Ease Credit, IRS Eases bLoan/b Regulations/abrfont size=-1font color=#6f6f6fNew York Times,nbsp;United Statesnbsp;-/font nobr5 hours ago/nobr/fontbrfont size=-1That money could help combat a core problem of the credit crisis: the reluctance by banks to give companies the short-term bloans/b needed for daily business. b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-1fd=Rurl=http://ap.google.com/article/ALeqM5jb4ldyoiGMMZf2uHRGtiEZAN9ABgD93LOIQO1cid=1254716355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFa_85Y6uRP6OQSIroOucj__KFFAQIRS eases tax rules on US firms with foreign units/a font size=-1 color=#6f6f6fnobrThe Associated Press/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/8-2fd=Rurl=http://www.bizjournals.com/phoenix/stories/2008/10/06/daily22.htmlcid=1254716355ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNGFh0jGUr7kJ8pZMl3D-EZV39gTEQIRS offers bloan/b break for businesses/a font size=-1 color=#6f6f6fnobrBizjournals.com/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254716355hl=ennobrall 110 news articles/nobr/a/font/div/font/td/tr/table table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=Tct=us/9i-0fd=Rurl=http://www.csmonitor.com/2008/1008/p01s01-usec.htmlcid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHS0NuiQZ3-sfwDORrERmiTL_ZCrwimg src=http://news.google.com/news?imgefp=DWyYeGZGAKQJimgurl=www.csmonitor.com/2008/1008/csmimg/ASUPERFED_P1.jpg width=80 height=61 alt= border=1brfont size=-2Christian Science Monitor/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://news.google.com/news/url?sa=Tct=us/9-0fd=Rurl=http://ap.google.com/article/ALeqM5jC0Js_XMSCt-GDAijc3qIbjuVZIAD93LEPVO0cid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNE_EhpT-T-1I3wwDXFD8tNz6XYpUwFed eyes plan to fund short-term business bloans/b/abrfont size=-1font color=#6f6f6fThe Associated Pressnbsp;-/font nobr14 hours ago/nobr/fontbrfont size=-1To help ease credit stresses, the Fed announced Monday it will provide as much as $900 billion in cash bloans/b to squeezed banks. It said 28-day and 84-day b.../b/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-1fd=Rurl=http://www.thomsonmergernews.com/story.asp%3Fsectioncode%3D722%26storycode%3D280229cid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNEHR9DvMqRwHm_NwGR4EwAUST23eQFed ponders unsecured bloans/b/a font size=-1 color=#6f6f6fnobrThomson Merger News (subscription)/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-2fd=Rurl=http://www.csmonitor.com/2008/1008/p01s01-usec.htmlcid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHS0NuiQZ3-sfwDORrERmiTL_ZCrwFed makes boldest move yet/a font size=-1 color=#6f6f6fnobrChristian Science Monitor/nobr/font/fontbrfont size=-1a href=http://news.google.com/news/url?sa=Tct=us/9-3fd=Rurl=http://www.kapptv.com/news/%3Fsect_rank%3D1%26section_id%3D22%26story_id%3D7595cid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHYmuae2C6hnEhJegvzebm9U1g2iQFed is pumping $99 billion into short term bloans/b/a font size=-1 color=#6f6f6fnobrKAPP/nobr/font/fontbrfont size=-1 class=pa href=http://news.google.com/news/url?sa=Tct=us/9-4fd=Rurl=http://ftalphaville.ft.com/blog/2008/10/07/16721/fed-eyes-drastic-move-into-unsecured-loans/cid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNHu2GkIh6tLxbFudvcBGaFX8Ka2pgnobrFT Alphaville/nobr/anbsp;- a href=http://news.google.com/news/url?sa=Tct=us/9-5fd=Rurl=http://news.moneycontrol.com/india/news/economy/fed-offers-banks-36900bn-cash-loans-to-infuse-liquidity/10/07/359983cid=1254976631ei=k73rSMKJHJDmyASz9ciICQusg=AFQjCNFBAbHFd5KK1eiT_gHPnSU8YFpSPgnobrMoneycontrol.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1254976631hl=ennobrall 1,441 news articles/nobr/a/font/div/font/td/tr/table Loans - Google News |
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