Quick loan for bad credit
The credit markets finally got a bailout bill, but the stranglehold hasn’t let up a troubling sign that lenders and investors believe the package will only be a baby step in the long road to economic recovery.
Credit tightens in Midlands (The State)
Businesses and shoppers find it harder to get loans Mark Lambright, owner of Make It New in Columbia, could use a small business loan to help his furniture refinishing business make it through hard times. But he declared bankruptcy in the mid-1990s and can t find a bank willing to give him a line of credit to buy fabrics and paints. There s not a lot of room for the average person, Lambright …
California asks Fed for $7B loan (CNN Money)
California may need a $7 billion emergency loan from the Federal government for day-to-day operations and to pay teachers’ salaries, nursing homes, law enforcement and every other State-funded service this month, Gov. Arnold Schwarzenegger warned in a letter sent Thursday to the U.S. Treasury secretary.
Will $700 billion bailout unfreeze credit markets? (AP via Yahoo! News)
Getting the financial rescue through Congress may have been the easy part. Getting it to work may prove the tougher task.
