Zhongdan and other credit guarantee companies certainly seem to have been partying it up.
It has been late in paying several foreign debts, including one to Britain's Export Credit Guarantee Department.
"Other financial tools such as credit guarantee or debt refinancing funds are needed to assist companies to operate, " suggests Dr Doanh.
As I understand it, credit guarantee companies were originally created to help Small and Medium Enterprises (SMEs) get access to bank loans.
The risk is exacerbated by the fact that many credit guarantee companies were capitalized with loans from the same banks whose other loans they are guaranteeing.
These measures include accelerating the development of small financial institutions, expanding the financing channels and increasing credit guarantee services to relieve the financing difficulties of small firms.
"Age Concern Cymru and Help the Aged in Wales have argued for years that the state pension is too low and that it should be set at the level of the Pension Credit guarantee, " he said.
They reveal discussions about how the credit guarantee scheme - a government scheme created in 2008 to help get credit to small and medium-sized businesses - would "allow Libor to fall quicker" than it otherwise would.
The concern in China is that like that tornado a drop in the local property market, or a decline in exports, could hit all borrowers at once, overwhelming the local credit guarantee company and leaving the banks high and dry.
Vadera says she cannot recall speaking to anyone at the Bank about the rate but she did talk with bankers about a policy change (altering the price of the government's Credit Guarantee Scheme as I wrote yesterday) to get the LIBOR rate down overall.
The rise in indirect lending, through the government's credit-guarantee programme, has been even more striking.
And now that the worst of the Japanese economic crisis seems to be past, it should also halt its credit-guarantee programme.
Borrowers can lower their interest rate by asking lenders to purchase certificates of deposit against their loan for rates of 4.25% or below, and credit unions guarantee the CDs.
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Greenberg superimposed the credit default swap guarantee business on a sound insurance underwriter.
And MBIA will no longer use credit derivatives to guarantee new transactions.
They are borrowing money using their credit ratings to guarantee it.
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Another is to encourage contingent arrangements with foreign banks that guarantee limited credit lines in advance.
AllThingsD managed to catch Levchin for an interview, in which he revealed that Affirm will issue credit to consumers and guarantee payment to merchants for all online transactions.
The housing market has begun a long, slow process of recovery, but it remains hobbled by the many people who owe more than their homes are worth, by toughened underwriting standards, and by a reluctance among private lenders to extend credit without a federal guarantee.
First, if the guarantee is tripped credit losses from lending within the financial sector stop.
And many families also keep a sizable amount of money in their savings account or continue to put money into their 401(k)s, while still carrying thousands of dollars in credit-card debt--even though dipping into savings and paying off their credit-card bills would guarantee them an immediate return on investment of 15% or 18%.
The CARD Act restricts credit card companies from restructuring the interest rates on existing balances held on personal credit cards and from applying penalty APRs on such cards until you are 60 days delinquent but does not guarantee similar protections for business credit cards.
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The government's export credit agency, the Export Credits Guarantee Department (ECGD), will launch an Export Working Capital Scheme, a Bond Support Scheme, and will support banks offering foreign exchange hedging contracts to SMEs by sharing credit risk.
Finances are a part of life (much like death and taxes) and being financially savvy becomes increasingly important as we age because it can create opportunities to extended credit lines, secure loans and guarantee better interest rates as we seek to attain our goals in life, such as renting an apartment.
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For example, Bank of America offers a zero liability guarantee for their consumer debit and credit cards.
And a guarantee for customers' letters of credit was introduced in October.
The new Pension Credit to be introduced in October 2003 will guarantee a minimum income for pensioners, but could cause other confusion and headaches for women.
"Ensuring that your checkout process and, more important, the credit card form are well-secured will guarantee your customers feel safe when transmitting their information, " says Pat Kaeowichien, director of information technology for Magnetic, a Tampa-based Web-development firm.
However, the committee did acknowledge that the Treasury had managed to cut the public purse's exposure to bank guarantee schemes in the wake of the credit crunch, and was doing better at holding on to key staff.
BBC: Treasury attempts to boost lending have 'failed', MPs say
An even more market-friendly approach would be to fund these loans into an administered fund in the IMF, which would provide more flexibility for the loans, but would not guarantee that countries are willing to accept direct credit risk from recipient countries.
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