Loans Jamaica

O.B.F. Finance Company Same Day Loans

O.B.F. Finance Company, who describe themselves as the “Same day loans people … here when you need us most“, are currently running ads in the local print media offering easy same day loans. Here are some details: Same day approval without the hassle A range of items accepted as security including household furniture, appliances, motor [...]

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Student Loan Repayment Difficulties

There is a letter to the editor in today’s Gleaner newspaper, written by Dianne Barton, of a North Carolina address. In the letter, she speaks about the student loan that she got while attending the University of the West Indies, and the difficulty that she had to repay the loan. Highlights of her letter: After [...]

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The Need To Be More Informed About Student Loans

Today’s “Letter of the Day” in the Jamaica Gleaner newspaper, is by E. COLEMAN from St. Mary, and references the need for students to realise what they are getting into before signing off on a loan agreement. He / she makes a few good points in their letter: That far too many students don’t have [...]

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Student Loan Debt Cartoon

Today’s Clovis cartoon in the Jamaica Gleaner newspaper speaks to the recent furor over the on-going impact of student loan debt on college / university graduates who either can’t find a job (after graduation) or are barely able to service the debt requirements when they do secure a job upon graduation.

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A Students’ Loan Story

Daraine Luton writes in today’s Jamaica Gleaner newspaper, about a former student who now regrets going to the Students’ Loan Bureau in order to finance her tertiary education. She describes her students’ loan ordeal as a ‘deal with the devil’, and claims that her peace of mind has been disturbed since she graduated from the [...]

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Students Against Government Regulating Students’ Loan Bureau Funding

Andrew Wildes writes in today’s Jamaica Gleaner newspaper, about university students expressing very strong disagreement with the Jamaican Government’s move to regulate funding through Students’ Loan Bureau (SLB) in order to ensure that more students study in areas that are deemed to be critical to national development. Click here for the full feature.

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The Dangers Of Bank Car Loans

In today’s Jamaica Observer newspaper, a Courtney C. Hamilton has written a letter to the editor, advising readers to beware of the dangers of bank car loans. He claims that just over a year ago he bought a new car, and used a reputable bank to finance it at a promotional rate of 17.5%. Recently [...]

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O.B.F. Finance Company Notice

New Era Finance Ltd., owners and operators of O.B.F. Finance Company (‘The Same Day Loans People’), have run an advertisement in today’s Weekend Star newspaper, stating: It has come to our attention by way of complaints received from the public that they have been led to believe they were conducting business with our Spanish Town [...]

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NCB Home Equity Loan

National Commercial Bank (NCB) has been running ads in the press recently, offering persons the option to “borrow the money from your house!” The ad states: “Your house could have millions in equity – money you could use towards renovating your house, expanding your business, pursuing your academic goals or consolidating your debts. Open up [...]

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JN Share Loans

The Jamaica National (JN) Building Society has been running press ads regarding its JN Share Loans product. The ad says: Unplanned Expenses? You don’t have to touch your savings! There’s a better way! JN Share Loans With JN Share Loans, you can borrow up to 75% of the available funds in your account. Interest rate [...]

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