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JMMB Reduces Its Loan Rates
Jamaica Money Market Brokers (JMMB) yesterday reduced rates on all its existing loans by two percentage points, and has dropped rates across all loan offerings going forward. JMMB announced that it has cut rates “to as low as 16.95 per cent across their entire portfolio of loan offerings for new loans — motor vehicle, home [...]
Continue reading...NCB To Focus On Loans To Offset Jamaica Debt Exchange
26. February 2010
THE National Commercial Bank (NCB) has signalled that a focus on its loans portfolio will guide its strategy for shoring up income lost from the financial fallout and the reduction in its interest income earnings from Government of Jamaica (GOJ) securities. NCB is expected to naturally shift the way it operates, following the effective conclusion [...]
Continue reading...COK Loan Amnesty
21. February 2010
Having trouble making your COK loan payments? As per an advertisement in today’s Sunday Observer newspaper, COK will work with you to make your payments easier. Here are the highlights from the ad: Ease the pressure … of your COK Loan payments Visit or call us by May 31st If you’re having challenges making your COK loan payments [...]
Continue reading...Demand For Loans Is Down
16. February 2010
According to data released by the Bank of Jamaica (BoJ) recently, the stock of personal loans declined by 1.3% during the October to December 2009 quarter, following a marginal fall of 0.2% in the previous three months. This was in contrast to average growth of 6.1% for the last five December quarters, and basically reflects [...]
Continue reading...1-888-MR-DOLLAR Quick Loans
14. February 2010
As per advertisement in today’s Sunday Gleaner: Need a loan quick? Call 1-888-MR-DOLLAR and use your tools, jewellery or electronics as collateral to get a loan in 5 minutes. Pawnshop, Kingston – 906-8571, Mandeville – 625-1691, Christiana – 964-2088, Santa Cruz – 966-3202.
Continue reading...NCB Lowers Its Automobile Loan Rates
1. February 2010
Based on a full-page ad that was run in yesterday’s Sunday Gleaner, National Commercial Bank (NCB) has lowered its automobile loan rates from as low as 19.75% to as low as 16.95%. According to the ad: Get your auto loan now …. with rates as low as 16.95%. Plus, pay no principal for one (1) month. That’s [...]
Continue reading...EXIM US$ Loan
31. January 2010
As per advertisement in today’s Sunday Gleaner newspaper: FX Earners get US$ Loans We know how it works. You need foreign exchange to pay overseas suppliers – you need it fast and you need it at the best price possible. With an EXIM US$ Loan, now at only 8% p.a., you can afford to keep production levels [...]
Continue reading...Access Financial Services Ltd. Seeks Credit Officers
24. January 2010
Reference is made to micro-lending institution, Access Financial Services Limited’s ad in today’s Sunday Gleaner newspaper, where they seek to fill credit officer vacancies islandwide. Details as follows: Skills / Competencies Excellent analytical skills Customer oriented Effective communication skills Strong work ethic Sound decision making skills Ability to meet strict deadlines Results oriented Requirements A first degree in business administration or related field Two (2) years [...]
Continue reading...Scotiabank Used Motor Vehicle Loan
24. January 2010
In an ad in the motor vehicle classifieds section of the Sunday Gleaner newspaper today, Scotiabank invites you to ‘STEER INTO A GREAT DEAL!‘ Head in the right direction and get financing for your used motor vehicle from Scotiabank. Up to 95% financing 19.75% interest rate $10,000 cash for gas Offer valid until March 31, 2010, and certain conditions apply Call [...]
Continue reading...Former Loans Officer Sentenced To 3 Years In Prison For Fraud
21. January 2010
27 year old Kevin Marshall, a former loans officer assigned to the Knutsford Boulevard branch of the National Commercial Bank, was sentenced yesterday to three years’ imprisonment, after he pleaded guilty to fraud charges in the Corporate Area Resident Magistrate’s Court. He was sentenced to 18 months for a count of conspiracy to defraud, and [...]
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2. March 2010
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