Word: loan
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Dates: during 1990-1999
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Through Jan. 16, the Frick Collection in New York City is marking the 400th anniversary of Velazquez's birth with a small but choice loan show--six paintings from New York museums. Some are well known, like the portrait of Juan de Pareja, Velazquez's Moorish slave and studio assistant. Others are less so, such as the fierce authoritarian portrait of Olivares, Philip IV's chief minister for finance and war. The show is an anti-blockbuster and not to be missed by anyone who cares about painting...
...feeling strapped for cash this holiday season, here's a word of caution about so-called payday loans from high-interest lenders: Don't even think about it. These single-payment loans, which are legal in some 30 states, can be more than you bargain for and carry an interest charge that amounts to 500% on an annualized basis. "This is no different than taking a cash advance on your credit card," says Jean A. Fox of the Consumer Federation of America. "It's just more expensive." Anyone in a cash crunch would do better to seek a credit counselor...
Prosecutors said Meinert illegally financed a spring break trip to Europe by using a friend's social security number to obtain a loan...
...federal government will have more than doubled the maximum deduction for student loan interest...
Through 1998, only $1,000 was deductible from federal income tax. This year, the maximum deduction is $1,500 and by 2001 it will be $2,500, about the amount of interest on a $30,000 loan that charges 8 percent interest. The deductions only apply during the first five years of repaying the loan...