US `payday lending' chief plans European expansion
- Tanoue Seeks to Halt 'Renting' of Charters To Payday Loan Firms. REHM, BARBARA A. // American Banker;6/14/2000, Vol. 165 Issue 114, p4
Reports that United States Federal Deposit Insurance Corp. Chairman Donna Tanoue has urged Congress to crack down on banks that are so eager for fee income they rent their charters to payday loan companies. Interest rate caps; Nature of payday loans; Call for the financial institutions to...
- CREDIT TO THE ORGANISATION. Dunnett, Richrrd // Director;Jul/Aug2016, Vol. 69 Issue 10, p38
The article focuses on the success of the financial technology and employee benefits company Salary Finance Ltd. in Great Britain. The company's founder Asesh Sarkar, along with Daniel Shakhani and Dan Cobley, shares how they started the business, which consolidates employees' debt into a single...
- Trend: Loans to help city employees live where they work. Hornblass, Jonathan S. // American Banker;12/13/1994, Vol. 159 Issue 238, p12
Reports on the efforts of several cities in the United States to plan for and launch home lending programs for their employees. Supply of mortgages below market rates; Goal of the programs to encourage people to live in the cities; Programs launched by New Haven in Connecticut, Atlanta in...
- Bait for Teachers. // District Administration;Dec2002, Vol. 38 Issue 12, p10
Focuses on the creation of the Florida Teacher EdLoan program by Governor Jeb Bush. Aim of the program to recruit and retain teachers; Benefits of the program for teachers; Partnership of the state with Bank of America and Freddie Mac to create a flow of funds to mortgage lenders.
- The high cost of borrowing. Napach, Bernice // Medical Economics;04/13/98, Vol. 75 Issue 7, p34
Critiques the whole issue of borrowing from a long-term retirement plan, highlighting that the purpose of the plan would be defeated. Disadvantages of borrowing from plans; Observation that retirement plans with loan provisions attract most attention.
- Dilemma of a director's loan. Dunham, Robin // Accountancy;Sep81, Vol. 92 Issue 1057, p70
Responds to an inquiry pertaining to directors' loan in Great Britain. Relief under section 136 of the CGTA 1979; Conversion of the pre-1978 loans to 'securities.'
- Directors' loans--do you really know the rules? Wyld, Richard; Lawson, Ian // Accountancy;Sep81, Vol. 92 Issue 1057, p91
Discusses the rules concerning loans to directors, under the 1980 Companies Act in Great Britain. Attempts to close all the loopholes exposed in the 1948 Act; Permitted transactions concerning directors under the provisions of the 1980 Companies Act.
- Official rate reduced. Greene, Chris; Maddalena, Christina // Accountancy;Nov91, Vol. 108 Issue 1179, p52
Informs on the reduction of the official rate of interest used to calculate the benefit-in-kind to directors or employees in Great Britain earning 8,500 pounds or more of an interest free or reduced interest rate loan from their employers, from October 6, 1991.
- In Partnership offers interest-loans for exam costs. Macdonald, Sam // Money Marketing;4/14/2011, p21
The article reports on the interest-free loans offered by In Partnership for up to 1,000 pounds to pay their Qualifications and Credits Framework (QCF) level four examinations in Great Britain.