Sentence examples for illegal loans from inspiring English sources
The regulator, Benjamin M. Lawsky, ordered the lenders to halt the "illegal" loans within two weeks.
Over all, Mr. Mackey reported only $638 million in illegal loans held by the government.
An unwelcome echo of that time was the recent conviction of two former directors of Anglo Irish Bank for providing illegal loans to purchasers of its own shares.
In 1997 the Daiichi Kangyo Bank, absorbed by Mizuho in 2000, was found guilty of extending illegal loans to a "sokaiya" racketeer.
Mr. Lawsky urged the banks to "work with us to create a new set of model safeguards and procedures" that will detect illegal loans.
Opposition lawmakers charge that that gave the banks the opportunity to fob off billions of dollars in illegal loans that are now being paid by the taxpayers.
He accused Mr. Clinton of pressuring him to make an illegal loan, not of accepting an illegal loan.
They will fall prey to illegal loan sharks, says the payday loan industry body, the Consumer Finance Association CFAA).
High cost lenders will face a new levy to fund a crackdown on illegal loan sharks, the Chancellor has announced.
"That could shut down short-term loans and force people towards illegal loan sharks or other extreme measures," she said.
Another important proposed change would give borrowers the right to modify an illegal loan, before they're forced into foreclosure.
