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Archive | April, 2010

Finance Minister Calls On Banking Sector To Reduce Interest Rates On Commercial Bank Loans

29. April 2010

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Speaking recently, at the opening of the GraceKennedy Financial Centre at Fairview Shopping Centre in Montego Bay, St. James, Minister of Finance Audley Shaw called on the banking sector to “help to lead the way to aggressively reduce interest rates on commercial bank loans.” He stated that lowering the interest rates would serve to stimulate [...]

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Police Co-operative Credit Union Loans

28. April 2010

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The Jamaica Police Co-operative Credit Union offers a wide range of products and services to suit its members – including of course, LOANS. In order to be eligible for a loan above savings through the Police Co-operative Credit Union, you must be a regular saver for at least six months. Members can borrow up to [...]

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Smart Debt Loan

26. April 2010

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The Smart Debt Loan at the Montego Co-operative Credit Union Ltd., is an initiative that allows its members to consolidate high-interest loans or several loans, into one easy, low-interest facility, with one easy payment. When managing your debt obligations, and especially in these harsh economic times, consolidating your debt is one of the best decisions [...]

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Students’ Loan Bureau 2010 Application Deadline

21. April 2010

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Public Notice (as per newspaper advertisements) The Students’ Loan Bureau is entering the FINAL two weeks of our application period for 2010. All applicants (new & returning) are REQUIRED to set appointments on the Students’ Loan Bureau website – slbja.com – for the submission of relevant documents and the payment of fees. PERSONS WITHOUT AN [...]

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JN Term Share Loan

14. April 2010

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In today’s Jamaica Gleaner newspaper, the Jamaican National (JN) Building Society does a play upon the current drought conditions facing the island, with an advertisement which we’ve featured below. The ad is for the JN Term Share Loan, which they indicate will allow you to be able to invest in a water tank, a critical [...]

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FirstCaribbean Bank Announces Lower Loan Rates

11. April 2010

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By way of a half-page ad in today’s Sunday Gleaner, FirstCaribbean Bank has announced lower (effective March 1, 2010) interest rates on the following FirstCaribbean products: New residential mortgages (house or land) – 15.50% New home equity / home improvement loans – 16.50% New auto loans (new or used vehicles) – 16.99% * Interest rate [...]

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Hanover Co-operative Credit Union Motor Vehicle Loan

2. April 2010

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The Hanover Co-operative Credit Union Ltd. offers a motor vehicle loan with the following terms and details: - Interest as low as 16% p.a. - Up to 90% financing - Up to 7 years to repay <note – conditions apply> For more information, call them at 956-3030 or email haccul@yahoo.com

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Churches Credit Union Home Choice Loans

1. April 2010

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In the Special Advertising feature of yesterday’s Jamaica Observer newspaper, Churches Credit Union Ltd. provides details about its ‘Home Choice Loans’. Here are some specifics from the ad: Use the equity in your home for home expansion, home construction, real estate acquisition, home improvement You can also use the equity in your home to further [...]

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Loan / Mortgage Required

1. April 2010

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The following advertisement was placed in the Business section of today’s Gleaner newspaper. Businessman seeks: 7-10 year loan at 16% interest. Has real estate valued at $30M for guarantee / collateral. Interested parties, please call 381-4853 / 615-4320.

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