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On the one hand, he's loaned that voice to an ambitious project: stabilising atmospheric carbon concentrations at 350 parts per million.
But in 2015 the prize would definitely go to the bank that decides to underwrite the first Galilee Basin ultra-mega-coalapolooza. Just think what you'd have to discount before you loaned that project money: The fact that the coal price has been tanking for years.
Under the scheme, banks and building societies were allowed to borrow money cheaply from the Bank of England, as long as they then loaned that money to individuals or businesses.
For example, if you loaned that money to a friend under the understanding that at the end of 6 months your friend would pay you back the $2,000 plus 1.5%.
"Our bad debt (the amount of money loaned that we don't get back) is around 7.5%, comparable to credit cards.
For a company that says it wants to dispel misconceptions about its business, Wonga ought to take more care before making this claim: "Our bad debt (the amount of money loaned that we don't get back) is around 7.5%, comparable to credit cards".
Similar(54)
Instead, you're loaning that company (or government) your money, at a set interest rate.
loans that have already been agreed on".
loan that saved it from financial collapse in 2008.
Those are the loans that are failing all around us.
The company has $4.7 billion in bank loans that expire Friday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com