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The banks, which are sick and tired of seeing non-performing loans eat into their profits, are loth to lend more.
Matchmakers and trustbusters Correction:Mercantile & General Re Reprints Related items Reinventing Thailand: Glow in the darkDec 8th 2005However, provisions for bad loans eat away a large chunk of the banks' profits.
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Because once the house sells, we're out on our rears with still 40k of debt from my husband's student loans eating a hole in our pockets every month.
I took loans to eat and slept in my car.
We train them young, teach them the ropes, and as they reach the age where they could take a more active leadership role in the movement, they decide they can't live with six roommates, default on their student loans, and eat Ramen noodles for dinner every night.
Put another way, while the loan would eat up the investment earnings or "cash value" of the policies, Candiotti would be getting an $18 million death benefit for free.
Bad loans have eaten up much of banks' capital, with new dud loans emerging by the day.Things could be worse.
At Citigroup, for instance, the write-downs on mortgages and other loans have eaten away 60percentt of all the profits made by the bank during the boom years.
Each dank track takes anywhere from a few hours to a month to mix, but it's time well spent when it's distracting him from the sinkhole of interest-accruing loans slowly eating him alive.
And Mr. Stumpf and other bank chiefs worry that if they make loans now, rising short-term rates over the loans' life will eat away their profits.
But she graduated with $115,000 in student loans anyway, and today, the $1,000 monthly loan payment eats up a big chunk of her paycheck.
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