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  2. Enterprise Finance Guarantee - Wikipedia

    en.wikipedia.org/wiki/Enterprise_Finance_Guarantee

    For loans written from April 2003 the guarantee rate was 75%. Earlier loans had guarantee rate of between 70% and 85%. There was no cap on the total of claims that could be submitted by each participating bank. In its peak years of take-up (1995 and 1996), just over 7,000 loans were guaranteed in each year.

  3. Nationalisation of Northern Rock - Wikipedia

    en.wikipedia.org/wiki/Nationalisation_of...

    As of 30 September 2008 the bank is repaying the loan well ahead of target, owing a net balance of only £11.5 billion of the loan that stood at £26.9 billion at the end of 2007. [ 86 ] On 21 October Standard & Poor's Ratings Services revised their outlook on Northern Rock to stable from positive; they also affirmed the bank's long and short ...

  4. 2008 United Kingdom bank rescue package - Wikipedia

    en.wikipedia.org/wiki/2008_United_Kingdom_bank...

    The Bank of England extended emergency loans totalling £25 billion to Northern Rock after it was unable to continue funding its loan book with wholesale financing in 2007. This triggered a public run on the bank. Attempts were made to find a private sector buyer. [34] When these failed, Northern Rock was nationalised in February 2008.

  5. Should you use a personal loan to pay your taxes? - AOL

    www.aol.com/finance/loan-to-pay-taxes-124723856.html

    A personal loan may offer a cheaper way out of tax debt if you can meet 3 key criteria. Learn the benefits and drawbacks — including alternatives — in this comprehensive guide.

  6. What are guaranteed mortgage loans? - AOL

    www.aol.com/finance/guaranteed-mortgage-loans...

    The funds for guaranteed mortgages come from private-sector lenders, but the loan is backed by a guarantor, typically a government agency, that will pay out money to the lender if the borrower ...

  7. Best mortgage lenders for bad credit in 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders-bad...

    First Mortgage Direct. 620 for conventional loans, 580 for FHA and VA loans ... that tout “guaranteed approval” without a credit check, or other offers with too-good-to-be-true claims ...

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