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Ex-offenders in Illinois will soon be eligible for government loans to help them start small businesses. State Representative La Shawn Ford sponsored the measure, which Governor Pat Quinn signed into law Tuesday. Ford says the bill helps people who have a hard time getting hired because of their criminal histories. FORD: It will allow them to writea business plan, apply for a micro-loan, pay it …

can you include your student loans in a bankruptcy

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A bubble is brewing in “microfinance,” the business of making the world’s tiniest loans.

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NEW YORK - A bankruptcy judge ruled Wednesday that Chrysler can use $4.96 billion in government loans to keep operating and create a bridge to the sale of its most valuable assets to Italys Fiat Group SpA. Judge Arthur Gonzalez had given interim …

Regulators target four savings and loans for stress tests - Daily Business Review
our U.S. savings and loans are being subjected to financial stress tests, the head of the Office of Thrift Supervision said, expanding regulatory efforts to determine the financial health of the nations largest lenders. Four institutions are under …

Mortgage Rates Fall in U.S. for 30-Year Fixed Loans (Update2) - Bloomberg
May 21 (Bloomberg) — Fixed mortgage rates for 30-year U.S. home loans fell for the first time in three weeks as a Federal Reserve program of buying home-loan securities reduced rates. The average rate for a 30-year loan fell to 4.82 percent from 4 …

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