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Archive Home > 2009 > September > 18 > Loans are cheap if you can get one

Loans are cheap if you can get one

Only those with excellent credit are able to take advantage of low rates, so when will the market return to normal?

By Stevenson Jacobs / The Bulletin
September 18, 2009

NEW YORK — It’s a good time to borrow money for a home, car or small business.

A year after a global freeze in the credit markets prompted massive government intervention to prevent the financial system from collapsing, interest rates remain at historic lows. But banks are demanding more....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.