Restoring the flow of credit to entrepreneurs (Los Angeles Times)
A Treasury Department program aims to make it easier for lenders to find buyers for the loans they make. The credit crunch looks like an espresso machine.
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US interbank lending rates continue to rise (Washington Post)
LONDON -- Interest rates on three-month dollar loans between banks rose for the third day Monday, as financial companies' funding concerns lingered despite last week's announcement by the Federal Reserve it would provide hundreds of billions of dollars to free up credit markets.
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Customers getting squeezed as credit card companies clamp down (Austin American-Statesman)
WASHINGTON — Cecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards.
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Cost of personal loans soars in two months research shows (Daily Telegraph)
The cost of personal loans has increased in the past two months despite the sharp fall in interest rates new figures show.
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Automakers Assemble Make-or-Break Case (Washington Post)
In its second attempt to persuade Congress to grant the U.S. auto industry $25 billion in emergency loans, Chrysler plans to make the case that automakers can cut their costs and point to the future by forging an alliance to share fuel-efficient vehicle technologies.
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