Dean Karlan, a Yale economist who is co-director of the Financial Access Initiative, and Jonathan Zinman, of Dartmouth College, studied a profit-seeking lender that served some of South Africa's poorer neighbourhoods.
Kmart would not say how much money it was seeking from lenders, but Mr. Hood said it was an amount over the $1.5 billion in the revolving line of credit, adding that lenders would want to have any new credit secured by assets, most likely inventory.
California is also working to crack down on predatory payday lenders online, seeking to prohibit lenders from gaining access to borrowers' bank accounts.
Mr. Johnson said that small-business owners had started coming into his bank seeking a new lender because their old bank had turned them away.
He said there could be disruptions in the student loan market in some parts of the country that would force students who already had loans to seek new lenders for the next academic year.
You should seek other lenders if the loan amount plus your savings for a down payment is not equal to--or less than--the listed price of your land.
During that time, he also served as a director of Prosper Marketplace Inc., a so-called peer-to-peer lender that operates an online market to match consumers seeking loans with lenders.
In New York, lenders seeking to repossess face additional hurdles.
Cyprus was negotiating with international lenders, seeking support for its ailing financial system.
A number of big contractors including Tobishima, Aoki and Haseko have already reached accords with their lenders, seeking waivers of debt in the hundreds of billions of yen.
Courts in Ohio have recently dismissed cases where ownership of the note underlying the mortgage has not been proved by lenders seeking foreclosure.
