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Sarah Othman's Articles in Loans

  • Bank Of England Set To Rescue Loan Markets
    Radical new plans have been drawn up to aid banks and building societies which are suffering the most during the current credit crisis. Chancellor of the Exchequer, Alastair Darling has set in motion plans for The Bank of England to absorb billions of mortgage-backed assets, which the banks and building societies can then pay back over a 3 month period. The proposed action will be co-ordinated in conjunction with similar efforts which are being made by financial authorities in the US.
  • The Truth Behind Liar Loans
    As Nick Cohen of The Observer warns: “pray this country doesn’t go sub-prime”, Tony Levine of The Guardian is hailing ‘liar loans’ as: “an attractive option”. Cohen cites ‘liar loans’ or self-certification as one of the negative influences which brought the market crashing down and Levine appears to think they are the answer to many people’s prayers.
  • Student Loans Are Flawed In Wales
    Welsh graduates are saying the pay-as-you-earn system for paying back student loans is flawed. Graduates from Welsh universities are claiming that they have over-paid their student debts due to faults with the system. Some former students have also said that they’ve had money taken from their salary before they have reached high enough earnings to warrant it.
  • Small Loans Help Communities
    The economy may be rocking but there is a place where the word ‘loan’ is still a positive force. Many articles have been written on the subject of microfinance or charitable investment but it is still a widely unknown concept. Microfinance companies and charities offer small loans to poor people, who are often in developing countries who need a little financial help to be able to set up their own businesses.
  • Housing Minister Proposes £1,500 Grant To Help First-Time Buyers
    Housing Minister, Caroline Flint and Prime Minister, Gordon Brown, have recently announced a new package of major measures to tackle the difficulty key workers and first-time buyers have been facing when trying to break into the property market.

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