Finance Debt

Higher loan limit available on USDA farm loans

(NAFB) – The USDA says that starting October 1, a higher credit limit will be available for borrowers seeking a guaranteed farm loan. The limit goes from $ 1.776 million to $ 1.825 million. “Farm loans are critical to our customers’ annual operating and living costs, emergency needs and cash …

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Sunak plans to extend the Covid loan program

Rishi Sunak is developing plans to extend its Covid business loan program amid fears the UK’s economic recovery could be hampered by labor shortages and rising cost pressures. The Treasury Department is believed to be considering extending the Recovery Loan Scheme (RLS), due to be completed by December 31, which …

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Mortgage Forbearance ends for over 1.2 million loans

A housing advice center can offer free foreclosure prevention services. getty A new analysis by real estate analysis provider CoreLogic shows that at the end of September almost three out of four loans (1.2 million loans) on deferral had reached the 18-month limit. Forbearance is when a mortgage servicer or …

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Pandemic continues to weaken demand for dollar loans

MANILA, Philippines – The total amount of dollar loans granted by local banks continued to decline in the second quarter of 2021, from both the same period in 2020 and the three months before, as the pandemic weakened borrowers’ demand for working capital. According to the Bangko Sentral ng Pilipinas …

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