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2 ArticlesLoans

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Suckered: How a 4% Loan for Furniture Actually Costs You 12%

So my friend, let’s call him K, decided to go buy furniture and fixtures. He went to HomeTown and bought stuff worth Rs. 76021. And then there was a ...
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China: Loans diverted to stocks, but not real estate

Bloomberg: Chinese loans diverted to stocks As much as 660 billion yuan ($97 billion) may have been converted by companies into term deposits or used to buy ...