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Slashing your monthly car payment $100 or more may sound great, but if you're getting that deal by signing up for a longer-term loan, you may be taking yourself for a ride. Over the past few years, loans have been lengthening, with five-year loans now common and some banks offering ones up to eight years in duration. But the longer the loan, the higher the interest rate, which means in the end you pay more, possibly thousands more. Plus, at the end of, say, eight years, you'll own a car that's worth very little, says...

Author: /time Magazine | Title: Money: Driving Car Loans Too Far | 10/27/2003 | See Source »

...more concerned about who was paying for the $87 billion than about how it was being spent. Senator John Edwards took a similar position; he also voted with Kerry in favor of a successful but questionable amendment that would turn $10 billion of the reconstruction money into a loan...

Author: /time Magazine | Title: Profiles In Convenience | 10/27/2003 | See Source »

...promised China would reimburse the entire expenditure, presumably from U.S. loan funds sitting in the Nationalist regime's American bank accounts. "If Wendell could be elected, then he and I would rule the world," she went on, according to Cowles...

Author: /time Magazine | Title: Revelation | 10/27/2003 | See Source »

...claims he’s “redefining greatness” on his daily program—which amounts to a mix of hysterics and grandiosity at a level rarely fathomable—it makes me think he overestimates his “talent on loan from God.” If there’s any truth behind Rush’s adamant stance against drug use, maybe he’ll send himself up the river while his listeners enjoy a much-needed hiatus from his blustery broadcasts...

Author: By Morgan Grice, | Title: Rushing Into Rehab | 10/27/2003 | See Source »

Putin could also suffer from U.S. support of another Russian titan, not of oil, but of the media: Vladimir Gusinsky, former owner of the TV station NTV. Guilty of loan fraud, Gusinsky fled Russia to escape charges but was recently arrested in Greece. Israeli Prime Minister Ariel Sharon, who has received favorable media coverage from Gusinsky, has defended him, as have some U.S. business leaders and members of Congress. Even if the media magnate isn’t a national security threat as Putin claims, he is a political threat—unafraid to voice his opposition to current Russian...

Author: By Christine A. Teylan, | Title: Tough Choices for Russia | 10/24/2003 | See Source »

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