Tuesday, May 02, 2006

Huge debts for one in five


Huge debts for one in five
NEARLY one in five people have amassed debts of more than 10,000 on credit cards, loans, overdrafts and hire purchase agreements, a survey showed today.

RECALL
Small businesses may apply for a loan up to $l.5 million if they suffered substantial economic injury from the disaster. These working capital loans may be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred. The interest rate is 4 percent, with a maximum term of 30 years.

Harry Gross | Can this deadbeat buy a house?
Dear Harry: I'm 42 years old, and I've had credit problems for the last 20 years. I would get credit cards, small loans, and store credits, run up balances and simply not pay them. This was done intentionally. I have also resorted to payday loans with their huge interest. I closed the checking accounts tied to those loans before they were due so the lender couldn't withdraw his repayment. I have

National Briefing
SOUTH.

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