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Latest Loan/Mortgage News

Harcourts beats ex-agency boss in court, Grewal ordered to repay $1m loan
Harcourts has won a court victory over its youngest former franchisee Gurpreet Grewal who must repay $1m in loans, but a $250,000 claim against him and his wife for franchise fees has failed. In a case heard in the Auckland High Court last month
Updated: 11/18/2018 10:02P

RPT-UPDATE 1-China defers Tongas loan payments as Pacific nation signs up to Belt and Road
PORT MORESBY, Nov 18 (Reuters) - Tonga has signed up to Chinas Belt and Road initiative and has received a reprieve from Beijing on the timing of debt payments shortly before an onerous schedule to repay loans was due to start. Lopeti Senituli
Updated: 11/18/2018 07:12P

Small loan company exempted from consumer law
Although a consumer lender imposed interest rates in violation of certain statutes, the commonwealth cannot sue it under the Virginia Consumer Protection Act because the lender falls within the Acts exclusion as a small loan company. Background Allied ...
Updated: 11/18/2018 06:15P

Concerned borrowers turning to fixed rates
Mortgage Choices latest national home loan approval data has revealed that demand for fixed rate home loans rose in October, accounting for over 24 per cent of all loans written, an increase of over 3 per cent on the 12-month average. CEO of Mortgage ...
Updated: 11/18/2018 04:18P

Sharp fall in consumer loans
Consumer borrowing growth has seen a sharp fall in June thanks to the tightening of the belts by the lenders when a cash crunch hit the sector in January this year. Consumer loan outstanding slid by 12.41 percent in six months to Tk 60,700 crore in
Updated: 11/18/2018 01:20P

Qld grants to spark battery investment
Millions of dollars in rebates are becoming available to Queensland households and businesses from Monday to install solar battery storage systems. Grants of up to $3000 and interest-free loans for solar and battery systems of up to $10,000 will be
Updated: 11/18/2018 11:30A

Better Business Bureau Warning Residents Of Advance Fee Loan Scam
The Southern Alberta Better Business Bureau is hoping to warn residents of another money scam circulating in regards to loans with advanced fee payments. Shawna-Kay Thomas, External Communications Specialist with the BBB, says complaints started to ...
Updated: 11/18/2018 11:24A

Leeds United loan watch - Mallik Wilks forced off as Whites pick up yet more injuries
Despite the international break, a number of the Whites loan legion were on the field on Saturday afternoon looking to impress Marcelo Bielsa. From out-of-favour first-team players to talented youngsters who will hope to return to the club with plenty
Updated: 11/18/2018 09:04A

What could be discouraging Australians from taking out a home loan?
The gloomy housing market has already affected the intentions of many Australian home buyers to apply for a home loan. A recent study from industry think tank Roy Morgan revealed that in three months to October, the number of people who plan to take
Updated: 11/18/2018 09:03A

CIC again asks PMO, RBI to disclose wilful defaulters list, Raghuram Rajans letter on bad loans
Severely admonishing the RBI and the PMO, the Central Information Commission has again directed them to disclose the list of wilful defaulters and Raghuram Rajans letter on bad loans. In an exhaustive 66-page order, the panel pulled up the Prime ...
Updated: 11/18/2018 08:23A

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