Banks turn away risky business as credit crunch bites (Daily Mail)
Story date: 2007-09-25 02:47:49
Added on: 2007-09-25 04:00:13
Banks are turning away business, cutting lending limits and putting up interest rates as the credit crunch takes hold. Some firms specialising in mortgages for those with a patchy credit history have pushed up loan rates to an astonishing 11.5 per cent
Read more...
Related Stories:
-
Banks turn away risky business as credit crunch bites (Evening Standard)
Banks are turning away business, cutting lending limits and putting up interest rates as the credit crunch takes hold....
2007-09-24 04:34:46 -
Now the credit crunch is putting the squeeze on your savings account ...
Guardian Unlimited - Savers are set to become unexpected victims of the credit crunch this year as banks and building societies make...
2008-01-05 04:06:00 -
Banks putting squeeze on credit, Fed survey says (Market Watch)
Banks are putting a stranglehold on credit, the Federal Reserve reported Monday. ...
2008-02-04 11:17:13 -
Credit crunch won't stall $10bn Wesfarmers loan (Sydney Morning Herald)
THE $10 billion loan for Wesfarmers to buy Coles, the biggest bank loan in Australian corporate history, is largely complete, despite a...
2007-10-26 07:12:33 -
TheStar.com | Business | Credit crunch hits home with mortgage hikes
Toronto Star - As Ontarians were heading to the polls this week, some of Canada's biggest banks were quietly hiking residential mortgage...
2007-10-12 01:29:00 -
Now credit crunch hits households with debts
EDP 24 - ... Rates have been rising gradually for some months, with competition putting increased pressures on margins and bad...
2007-11-24 04:39:00 -
Scotland has yet to feel the crunch (The Herald)
Like many homeowners living with the words "credit crunch" ringing in their ears, Jeremy Jones was more than a little nervous about...
2008-04-08 02:06:23 -
Credit crunch: Business, home loans get scarce (The News-Press)
Would-be buyers of businesses and homes alike are finding the credit crunch makes banks more leery of financing a deal....
2008-10-09 10:20:15