Media General, for one, is particularly exposed to parts of America where the property market has slumped most, through papers such as the Tampa Tribune in Florida.The credit crunch has also come at a bad time for a group of new newspaper owners, who used loans that were readily available until last summer to buy their way into the business, but must now be having second thoughts.
We now have a system in which the individual student bears two-thirds of an increasingly expensive education, often using loans that may not be repayable.
Construction loans are higher-interest, shorter-term loans that are used to cover the cost of building or rehabilitating your home.
Nobody can use a broken toaster, but loans that are wrong for some people can actually be beneficial to other people.
The definition of troubled loans used in the accompanying charts includes loans that are at least 30 days past due, as well as those on which the bank identified problems that led it to stop assuming that interest on the loans would be paid.
African-Americans are the demographic most likely to take out these high-interest, short-term loans that are mostly used for everyday expenses -- and that too often drill people further into debt.
Interlibrary Loan: To request scans or loans that are outside the scope of Borrow Direct use Interlibrary Loan or other Request It services.
While assumptions used to be more widespread, they are now are commonly limited to certain types of mortgage loans, including FHA loans, USDA loans, VA loans, and adjustable rate mortgage (ARM) loans that are still in their adjustable period.
Only a few months ago, people would have been reluctant to buy junk bonds or make loans that were used to pay special dividends, said Christopher Donnelly, a director with S.& P. LCD. "Dividend financings were really frowned upon," he said.
"Finally, it will examine the compliance with EU state aid rules of guarantees given by the State-owned Valoansa Insthatte of Finance for loans that were used to finance the three Valencia clubs Valencia, Hercules and Elche, while those clubs were seemingly undergoing financial difficulties".
