Monthly Archives: December 2020

SBA Extends COVID-19 Disaster Loan Application Deadline |

[ad_1] The US Small Business Administration has extended the deadline for applying for pandemic economic disaster loans to December 31, 2021. The agency said the $ 900 billion COVID-19 relief plan that Congress recently approved has extended the deadline. An EIDL is a low-interest loan – 3.75% for small businesses, 2.75% for nonprofits – with […]

Catastrophe loan application deadline extended by one year, according to SBA

[ad_1] The deadline for applying for economic disaster loans has been extended to Dec.31, 2021, US Small Business Administration officials said yesterday. “EIDL loan applications will continue to be accepted until next year, pending the availability of funds,” said Matt Coleman, spokesperson for SBA Region II, which includes New State. York, noting that the agency […]

KB Kookmin limits personal loan amount to 20 million W

[ad_1] KB Kookmin Bank, one of the country’s five largest commercial banks, has decided to cap the amount of personal loans per household at 20 million won ($ 18,000), sources said on Tuesday, marking a drastic move as the Local lenders are tightening their grip on lending rules. . KB Kookmin plans to maintain the […]

Tunisian finance minister urges G-20 countries to ease loan conditions

[ad_1] TUNIS – The Tunisian Minister of Economy, Finance and Investment has called on creditor countries to consider easing loan conditions, as the pandemic has made it difficult for debtor countries to repay loans. Ali Kooli told Nikkei in an interview that “the decision of the Group of 20 countries to support low-income countries and […]

How to Get Pre-Approved for a Mortgage: Loan Approval Explained

Tips for getting pre-approved for a mortgage If you start looking for your new home before you know how much you can afford to spend, you will be disappointed. It’s easy to start looking for homes that you later find out you can’t afford when trying to get approved for a mortgage. However, if you […]

What documents are required for a mortgage application?

[ad_1] Mortgage lenders tend to require full documentation. It is not uncommon for mortgage loan application files to exceed 100 pages by the time all requested documents have been received. With that in mind, here’s a quick guide to the types of documents you may need to produce when applying for a home loan. Note […]

Business loan approval rates drop 50% in past year

[ad_1] Small business loan approvals at big banks are down 50% from last year’s figures, according to data from Biz2Credit Index of Small Business Loans. Loan approvals from large banks with more than $ 10 billion in assets were 13.2% in November this year, compared to 28.1% for the same period. Big bank loan approvals […]

SBA loan application shows little control over emergency funding

[ad_1] NASHVILLE, Tennessee (WTVF) – A Tennessee woman calls for increased scrutiny of the US Small Business Administration’s loan program, saying it has made people an easy target for thieves. Pat Golab has followed the trail left by those responsible for his identity theft in August. The last time she told us about what happened, […]