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Latest loan interest Updates


Bill slashing payday-loan interest clears panel (Denver Post)
A House committee Monday night approved a bill that would significantly slash interest rates on payday loans, cutting out part of the bill that would have put the issue before Colorado voters.

Industrial authority OKs $9.5 million loan for feed mill in Birdsboro (Reading Eagle)
The Berks County Industrial Development Authority has approved a $9.5 million, low-interest loan for F.M. Brown & Sons Inc. to construct a new feed mill in Birdsboro, and to buy machinery and equipment used in livestock-feed manufacturing.

Australian Home-Loan Approvals Fall Most in Decade (Update2) (Bloomberg)
March 10 (Bloomberg) -- Australian home-loan approvals unexpectedly fell in January by the most in almost a decade after central bank Governor Glenn Stevens raised borrowing costs and the government cut assistance to first-time buyers.


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