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Quick Loans News

Tough Time For Loan Managers

Saturday December 13, 1997
PETER LAVELLE reports on the battle between banks and cut-price mortgage providers. Mortgage managers - those cut-price no-frills home loan providers who burst onto the home lending scene three years ago - are doing it tough these days. Offering interest on variable rate loans at times up t

At Last, Accord Reached On $82 Bn Bailout

Thursday December 4, 1997
South Korea finally reached agreement yesterday with the International Monetary Fund on huge loans for its besieged economy, amid reports the bailout will total $US57 billion ($82.6 billion). A spokesman for South Korea's Finance Ministry confirmed the agreement was struck last night and would so