Downturn sparks rush on loans (BBC News) Credit union staff in South Yorkshire say they are snowed under by people seeking loans as the recession begins to bite.
Amlak of Dubai Temporarily Suspends New Home Loans (Update1) (Bloomberg) Nov. 19 (Bloomberg) -- Amlak Finance PJSC , the United Arab Emirates' biggest mortgage lender by market value, temporarily stopped granting new home loans as the global credit crisis threatens Dubai's property market and pushes mortgage providers to restructure.
Ailing automakers plead for $25b in loans (Boston Globe) WASHINGTON - Warning of a doomsday economic scenario, the top executives of the Big Three US automakers made a historic appeal yesterday for $25 billion in loans, telling Congress the money is desperately needed to stave off the collapse of the companies and the direct and indirect loss of millions of jobs.