Word: bankses
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Some things have changed since the credit crisis broke. "Large banks have at least temporarily backed out of this business," says Chris Kukla of the Center for Responsible Lending, which tracks predatory lending. "But in the fringe financial business, there are plenty of firms that are willing to take advantage...
In auto lending, however, bad credit doesn't seem to be a hindrance. Slightly more than 36% of the car loans made by banks and finance companies in the fourth quarter of 2009 were to subprime borrowers, according to Experian Automotive, up from 34% in the third quarter. Still, borrowers...
Initially, many thought the financial crisis would be disastrous for subprime lenders, but that just hasn't panned out. One reason is those big banks that left the playing field. As more and more banks tightened their credit standards in 2008 and '09, the smaller lenders to people with poor...
Majestically situated on the banks of the Charles, Eliot House has a lot to offer the lucky freshmen placed here. With a vibrant community, a gorgeous courtyard, loving House Masters, and a wealth of facilities, this House is truly an all-inclusive package. Freshmen assigned to Eliot will...
Greece ground to a halt as workers went on a 24-hour nationwide strike and tens of thousands of people took to the streets to protest civil-service pay cuts and higher taxes in the biggest and angriest demonstrations so far against the austerity measures. Although most of the protesters...