MetaFilter posts tagged with loans

BankTracker

A dead Quaker — Sat, 13 Jun 2009 14:07:23 -0800

Curious about the health of your bank? You might find BankTracker helpful. This site crunches the FDIC's publicly available numbers on banks' deposits, loans, and nonperforming loans, and makes them available in a search interface for banks and credit unions. Also interesting are the blog posts. From one of the most recent: Total troubled assets – the sum of loans more than 90 days past due and the value of foreclosed property banks on bank books – increased to $285 billion at the end of March, up from $237 billion at the end of 2008. At the end of March 2008, the banks only had $137 billion in nonperforming loans and foreclosed property on their books. The combination of lower profits and more bad loans meant that more banks saw their capital under growing stress. As of March 31, 238 banks had more troubled assets on their books than they had in capital and loan loss reserves. At the end of December 2008, 165 banks had a “troubled asset ratio” of greater than 100 percent. Only 44 banks fell into that category a year ago.

Ditch your [student loan] Debt

mecran01 — Thu, 11 Jun 2009 11:31:50 -0800

A short video explaining the new Income Based Repayment going into effect July 1st Your student loans might be more manageable soon. [courtesy of IBRinfo.org].

confessions of an economic hitman

6am — Thu, 19 Apr 2007 04:07:55 -0800

if you've not heard of the book "confessions of an economic hitman", then these few videos are gonna put your chins on the floor. it is disturbing how much the guy looks like george the second.

Can I borrow a fiver? No? How about a grand?

goodnewsfortheinsane — Tue, 07 Mar 2006 13:17:16 -0800

Prosper is people-to-people money lending online. [via fosfor]

no interest, no profit?

amberglow — Fri, 06 May 2005 13:07:25 -0800

Islamic finance --doing business according to Shari'a. ...Pious Muslims are not allowed to invest in industries that have ties to tobacco, alcohol, weapons, pornography or pork products. Since the law prohibits banks from charging or paying interest, Noriba and other Islamic Financial Institutions (ifis) instead make money by using a system based on the sharing of capital gains or losses. But even with post-Sept. 11 suspicions that Islamic banks may fund terrorist organizations, demand for the services of ifis is on the rise from the towers of Bahrain to the streets of London. Indeed, they represent one of banking's hottest sectors. ... more here
Socially-conscious investing of a different sort?

Student loans suck. What more needs to be said?

taumeson — Tue, 11 Feb 2003 15:07:43 -0800

Ted Rall says that college loans are killing America. I'm inclined to agree. At just $14,736, I'm on the lighter-side of college loan debt, but being a single father, I have a hard time making a dent. Ted makes some salient points about young adults who are struggling to make money in a recession. They don't work for the Peace Corps, they don't volunteer, etc. Even China criticizes America on our insistence that students endebt themselves to corporations just for education.(via fark)

tranquileye — Thu, 02 Aug 2001 10:51:33 -0800

The problem isn't too much greed, but too much cowardly greed. "Spineless lenders, weak-kneed investors and meddling regulators intent on reducing risk pose a greater threat to the global economy than the volatile financial markets... 'The critic's image of the global financial markets as a giant casino is wrong," [writes British financial writer Daniel Ben-Ami], 'On the contrary, the modern financial markets are more often characterized by a fear of risk-taking than a reckless disregard for danger.'"

Bezuhin — Mon, 30 Apr 2001 15:19:32 -0800

Student loans got you down? Try My Rich Uncle. Not a loan, they just skim a little off the top of your future earnings. Besides the obvious issue of whether or not it's a good idea, is the site even for real? They have applications and an address, but none of the legal info like you find on bank and educational loan sites.

aflakete — Wed, 21 Feb 2001 11:02:31 -0800

Go Princeton! Student loans will become grants for any who can't afford $134K for 4 years. How relevant attending college is--except for networking and the social milieu I guess--for the post-Internet teen I'm not sure. But anything which makes information and education more available and less tied to income is a fine thing.