Risky loans followed guarantee South Canterbury Finance ramped up its risky real estate loans after it signed up to the Government's scheme that protected its investors' money, the company's chief executive Sandy Maier said last night.SCF went into receivership...
Farmers with $250m in loans anxious about company's future South Canterbury Finance's collapse with hundreds of rural sector loans worth more than $250 million raises questions about the risk to the nation's agricultural engine room.The company said in its April prospectus that it had...
Late payments on auto loans fall in 2nd quarter NEW YORK -- In another sign that borrowers have taken tighter control of their debt, late payments on auto loans dropped in the second quarter.
Appeal against name suppression for skimming fraudster A judge's decision to name a convicted fraudster, who enjoyed the thrill of juggling multiple loans while racking up $177,000 in finance company funds, has been stalled after the woman's lawyer appealed her prison sentence and got her name suppression reinstated.
