■ Other loans Tuition fee loans (up to £9,000) and maintenance loans (up to £8,009) for higher education courses.
Apartment loans accounted for 48percentt of all loans, up from 43percentt in 2000.
Last April, investors in new projects were required to put up at least 40% of the capital in order to secure loans, up from 25%.
Commercial-property loans, including construction and development, account for 22% of American bank loans, up from an average of 14% in the 1980s and 1990s.Smaller banks are exposed.
Once granted, the loans, up to $150,000, are repaid through automatic daily bank account withdrawals, much as a merchant cash advance works.
A poll of electrical engineering firms revealed that 57percentt of the 1,600 questioned said they had problems getting loans, up from only 5percentt in March.
The bill would limit dealer markups to two percentage points on loans up to 60 months, and to one point on longer loans.
In the third quarter of 2001, NextCard wrote off 7.89percentt of its loans, up from 4.92percentt a year earlier.
"We have little loans, up to $7,500 per unit, at 1percentt interest, under the Code Compliance Loan Program," Commissioner Perine said.
Mr. Icahn is offering to pay 70 cents on the dollar for the loans, up from the original offer of 40 cents.
About a third of new foreclosures from April to June were prime, fixed-rate loans, up from one in five a year earlier.
