- Whatdoesyourlocallenderturnedpropertymagnatedonext?Ifyoudon't,thelenderwillforecloseonthehome.Buttheirlendersaidtheywereabadcreditrisk.Debtisdebt,andforeveryborrowerthereisalender.Barclays,aBritishbankwhichboughtaRussianlenderin2008,hasgivenupthefig...
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- Severallenders,includingCountrywide,America'slargestmortgagelender,havestoppedmakingno-money-downmortgageloans.ItcontinuestobookmorebaddebtsfromCountrywide,amortgagelenderitboughtlastyear.C.Despiteofbadcredit,amortgagelenderwilltradewithyou.Inareasp...
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- UrgetheEuropeanCentralBank(ECB)tobelenderoflastresorttovulnerablesovereignslikeItaly?Strikingtherightbalancebetweenbeingacrediblelenderoflastresortandaneffectivepolicypolicemanishard.Untilthelate1990stheIMF,monitorofexchangeratesandlenderoflastresort...
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- Third,councilswillbegivennewpowerstopreventshopsbeingturnedintopaydaylenders.Afurther43mpeopleoccasionallyturntopaydaylendersorcheque-cashingstorestogetthemthroughthemonth.ThesebrilliantPrincetonkidswererushingtotheequivalentofpaydaylenders,totheirow...
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- Dotheyborrowmoneyfromaninformalmoneylender?ShylocktheJewwasawell-knownmoneylenderinVenice.Hardmoney–whichisthefundsyouborrowfromaprivatemoneylenderwholendsonthesecurityoftheloanratherthanyourowncreditworthiness.Amoneylenderservesyouinthepresenttense...
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