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) Online Mortgage Directory Adds Tax Relief to Menu of Services for Consumers
LendingGateway.com just added Tax Debt relief to the company's menu of online applications that connect consumers directly to professionals who can help them.San Diego, CA (PRWEB) September 17, 2007 -- LendingGateway.com is expanding its menu of services to include Tax Debt Relief. As an online mortgage lender directory that connects potential borrowers matching lenders, LendingGateway.com receives many visitors with damaged credit or other financial issues. The company responded to the inquiries for help last month by adding Debt Consolidation and Student Loan Consolidation assistance. And because of further consumer interest in help with Tax Debt problems, LendingGateway.com partnered with Tax Debt Relief experts nationwide who can help applicants with their tax issues, be it a tax lien, unfilled taxes, or Wage garnishment. More>>
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) Nigeria: Why Banks Shun Real Sector Fund Seekers
While some stakeholders, especially those in the manufacturing industry, point their accusing fingers at banks as being responsible for the dearth of real sector financing, banks said that it was their duty to protect the interest of shareholders from bad debt as the money does not belong to the board and management of the institution. The inability of the real sector to access funds from banks has been associated with the high lending rates which stood between 18 per cent and 20 per cent. Although, some operators in the manufacturing industry were excited that consolidation in the banking sector would usher in an opportunity for them to get credit facilities from banks at lower rate to increase their capacity utilisation, but they were disappointed with the rate to be contended with. More>> - (
) (AFX UK Focus) 2007-09-18 17:38 GMT: US telecoms have solid liquidity to face current credit market volatility- Fitch
MUMBAI (Thomson Financial) - Fitch Ratings said that the US telecommunications companies have in general solid liquidity to withstand current credit market volatility and meet their debt maturities.Fitch in a special report said since the previous liquidity crisis of 2001-2002, the telecom industry has experienced a period of consolidation providing most operators with increased scale and diversity.
This consolidation has led to greater financial stability and flexibility due to increased scale and diversity of operations. Fitch notes that operators have taken advantage of the low interest rate environment and previously aggressive lending standards in the loan market to 'push-out' maturities beyond 2009.
Also the bankruptcies essentially removed the smaller, weaker players from the industry, Fitch said. More>>