Word: loan
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DIED. ALAN CRANSTON, 86, four-term California Democratic Senator whose career as a champion of nuclear disarmament was overshadowed by a 1991 Senate reprimand for his involvement in the savings and loan scandals; in Los Altos Hills, Calif. After an early career as a journalist, Cranston returned to the U.S. from Europe and was appalled in 1939 to find sanitized English versions of Hitler's Mein Kampf; he translated his own, unvarnished edition, prompting Hitler's publisher to sue to stop sales...
KNOW THE SCORE Credit scores (the three-digit indicator of your loan risk, available only to lenders) may soon become much more accessible. A California law passed this fall requires the main credit bureaus, Equifax, Trans Union and Experian, to honor consumer requests for credit scores. Now these three are considering making scores and explanations accessible nationally. Congress has also begun looking at a requirement for greater openness--one more factor pushing the bureaus to open...
...rehabilitation is one of several projects made possible by the University's 20/20/2000 plan, which pledges $20 million in loans over 20 years for affordable housing in Boston and Cambridge. Announced in November 1999, the loans are administered by three intermediaries, including the Boston Community Loan Fund, which lent $385,000 to the church for the renovation...
DeWitt Jones, president of Boston Community Loan Fund (BCLF) told a story about seeing the need for a touch...
Rather than donating money, lenders provide money in a revolving loan fund to needy organizations at low interest rates...