April 5, 2009 |
Question: As a director and treasurer of our homeowner association board, I have a duty to inquire about the association's finances. Without my knowledge or consent, the other board directors committed our association to a loan with unfavorable terms. I have been asking a lot of questions regarding the loan agreement, but no one is giving me answers. The association's attorney informed the board, and our president affirmed, that "the board will not be liable for this loan."
December 24, 2013 |
Remember how excited Clint Dempsey was to come home to the U.S. when he signed with the Seattle Sounders of Major League Soccer in August? Well, now he's going home again -- this time flying the other way. Dempsey, stalwart of the U.S. national team, has accepted a two-month loan with Fulham of the English Premier League, where he had previously played for 5-1/2 seasons. U.S. national team Coach Juergen Klinsmann had strongly urged his MLS players to take winter loans to Europe to prepare for next summer's World Cup. So far Dempsey is the only one who has taken the hint.
January 7, 2014 |
Galaxy officials said Tuesday the team has acquired Brazilian forward Samuel Rosa Goncalves, known simply as Samuel, on loan from the Fluminense FC team of Brazil's Serie A. Samuel, 22, had 15 goals in 72 appearances over the last two seasons with Fluminense, across all competitions for the club based in Rio de Janeiro. Terms of the loan agreement were not disclosed. "We are pleased to add Samuel to our roster," Galaxy General Manager and Coach Bruce Arena said in a statement.
February 7, 2012 |
Fisker Automotive has stopped work at a former General Motors auto plant in Delaware, where it plans to build Project Nina, a family-size plug-in hybrid expected to sell for about $50,000. The Anaheim auto company laid off 26 workers at the plant and let go 40 contract employees working at its headquarters. That leaves the company with about 600 employees working on automotive development in Anaheim. The company said it "delayed work at the plant based on ongoing discussions" with the Department of Energy "regarding funding for the Project Nina program.
CALIFORNIA | LOCAL
June 25, 2013 |
The U.S. Small Business Administration is scheduled to open a disaster loan outreach center for victims of the recent Powerhouse Fire that burned more than 30,000 acres across the Angeles National Forest and high desert, officials said Tuesday evening. The center is set to open in Lake Hughes to assist people with obtaining low-interest federal disaster loans, Los Angeles County's chief executive said in a statement. The loans are available for homeowners, business owners, renters and people who operate nonprofit organizations.
August 7, 2011 |
Dear Liz: I am working on paying my bad debt from the past to rebuild my scores. I have one credit card that I pay in full every month, but no installment loan. I recently was given the opportunity to take a car loan with monthly payments I could easily afford. Here is my confusion: Taking on more debt while trying to eliminate past debt is usually not advisable. But I also know creditors like to see both revolving and installment credit. Am I OK to take the car loan to improve my mix of credit, or should I just use that extra money to pay off my past debt?