Word: loaned
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...banks offering debit cards. But officials remain cautious about letting consumer debt grow too fast, and have maintained safeguards such as low credit limits. Wang Huaqing, assistant chairman of the China Banking Regulatory Commission, recently told the Washington Post that such decisions come from reports of people taking out loans to speculate in the stock market or on real estate, adding the indebtedness of young Americans was also a cautionary tale. "We have been paying great attention to credit card risk and loan risk," Wang said...
...developers are often first-generation capitalists looking to reinvest riches reaped from the booming residential sector, Parker says, and many lack expertise in running successful commercial projects. Local governments push through new mall projects because they hope to enhance infrastructure and increase commerce. Meanwhile bankers, eager to expand their loan portfolios, become too-willing accomplices to overbuilding. Parker calls it a recipe for "the perfect storm." Banks in a mature market "provide the sanity check to a developer, but in China, there are no checks and balances," he says. "Just because you can build doesn't mean you should...
...more accepting of single women than it was even a few years ago. When Barbara Baldwin, the director of Planned Parenthood in Tennessee, divorced her husband in 1981, she needed her father's help before anyone would give the then 29-year-old single mother a car loan and a credit card. Beverley DeJulio, a divorced Chicago mother who hosts Handy Ma'am, a weekly home-improvement show on pbs, says she dreaded the hardware store for years, because salespeople kept asking, "Where's your husband?" And the Stone Age year when Anne Elizabeth, a Chicago artist, then...
...Overall, the Republicans' fundraising is expected to run well behind that of the Democratic candidates. Former Massachusetts Governor Mitt Romney, the first-quarter GOP champ with nearly $21 million raised, is downplaying his prospects this time - and his announcement this week that he intends to loan his campaign money from his personal fortune bears that out. The expectation is that the loan will probably bring his total receipts above $20 million. The Romney campaign is also saying its report will show it has been spending heavily, building an operation that now totals around 200 employees and investing more than...
...other non-incumbents running include a Walser-backed slate of newcomers comprising environmental analyst Stefan Malner, schoolteacher Nancy Tauber, and educational loan counselor Gail Lemily Wiggins...