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Some six years later, that money hasnt been collected from the company, which has since spun off its loans operation and renamed it Navient Corp.
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Among them are brokerage arms in America and Japan, a student-loan operation and some credit-card units.
"No longer are we going to run New York like a payday loan operation," the governor vowed.
Hayley portrayed the loan operation to me in military terms: Sanea acted the role of field marshal, with Stewart as his "main general".
Instead of just selling the donated books to raise money, as Friends groups usually do, the Friends of Seven Trees Library also decided to set up an informal book-loan operation.
Mr. Akula in 1997 started the company that would become SKS as a nonprofit organization aimed at lifting Indians out of poverty by giving them loans of as little as $100 to start businesses — a type of loan operation known as microlending.
UK Asset Resolution (Ukar), the zombie bank created to run down the loans in Northern Rock and Bradford and Bingley, said it would sell the loan operation known as Granite as well as a further £1bn of Northern Rock loans to Cerberus Capital Management, which specialises in buying distressed debt.
In addition to EasyEverything, which has cafes in seven European countries and one in New York, his privately held EasyGroup has spawned EasyRentacar, an auto rental business, and, most recently, EasyMoney, an online consumer-loans operation.
He funds his morality-based loan operation via a hostess club he owns and runs on the sly.
Apparently, Hsu was soliciting investors for a "bridge loan" operation that returned approximately 6% every 3 months.
In the two years it took them to get the referendum passed, they worked to set up a loan operation for the black residents of Coconut Grove, who borrowed the money interest-free to pay for the plumbing work.
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