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  • NEW YORK, June 18- Creditors of Puerto Rico's struggling electric power utility PREPA have agreed to extend a creditor agreement to June 30, the utility said on Thursday, a move which allows crucial restructuring talks to continue. PREPA, with about $9 billion of debt, also has a June 30 deadline by which to reach a restructuring deal with creditors.

  • NEW YORK, June 18- Bondholders of Puerto Rico's struggling electric power utility PREPA have offered to extend a creditor agreement to the end of this month, allowing crucial restructuring talks to continue, a source familiar with the bondholders said on Thursday. PREPA, with around $9 billion of debt, has a June 30 deadline by which to reach a restructuring deal...

  • NEW YORK, June 18- Bondholders of Puerto Rico's struggling electric power utility PREPA have offered to extend a creditor agreement due to expire on Thursday, to the end of June, a source familiar with the bondholders said. Talks to restructure the utility remain underway, the source said. At least 60 percent of creditors are needed to approve an extension.

  • Goldman Sachs wants to lend you money Tuesday, 16 Jun 2015 | 3:17 PM ET
    Goldman Sachs wants to lend you money

    Goldman Sachs is planning to offer consumer loans through a website or app. Insight, with Jeff Harte, Sandler O'Neill.

  • Goldman's online lending could be effective: Pro Tuesday, 16 Jun 2015 | 2:15 PM ET
    Goldman's online lending could be effective: Pro

    Eric Wasserstrom, Guggenheim Securities, weighs in on Goldman Sachs online lending service for consumers and small businesses.

  • Goldman Sachs plans to offer consumer loans online Tuesday, 16 Jun 2015 | 8:01 AM ET
    Goldman Sachs plans to offer consumer loans online

    Goldman Sachs hopes to be ready to make its first online loans by next year, with J.B. Pritzker, Pritzker Group.

  • Goldman is getting into the online loan business Tuesday, 16 Jun 2015 | 6:28 AM ET

    The low-cost unit will allow Goldman to charge lower interest rates and still make a profit. But the venture holds risks.

  • Student loan woes Monday, 15 Jun 2015 | 1:26 PM ET
    Student loan woes

    CNBC's Sharon Epperson discusses the student loan ripple effect as debt increases for students.

  • Is defaulting on student debt ever a good idea? Monday, 15 Jun 2015 | 9:33 AM ET
    Dirk Wierenga’s state tax refunds are being confiscated because his son defaulted on his loans. “I’m basically a third-world nation when it comes to my credit score,” Mr. Wierenga said.

    A look at the ramifications of defaulting on student debt by The New York Times.

  • UPDATE 1-Tesla enters into $500 mln credit facility Friday, 12 Jun 2015 | 6:14 PM ET

    June 12- Electric car maker Tesla Motors Inc said on Friday that along with its subsidiary, Tesla Motors Netherlands B.V., it had entered into a $500 million senior secured asset-based revolving credit agreement. The agreement was signed with a group of banks, including Deutsche Bank, Bank of America, the company said. Tesla said in May that it planned a total of $1.5...

  • Tesla enters into $500 mln credit facility Friday, 12 Jun 2015 | 5:55 PM ET

    June 12- Electric car maker Tesla Motors Inc said on Friday that along with its subsidiary, Tesla Motors Netherlands B.V., it had entered into a $500 million senior secured asset-based revolving credit agreement. The agremeent was signed with a group of banks, including Deutsche Bank, Bank of America, the company said. In May, the company unveiled Tesla Energy-...

  • Lennar CEO: Housing improving but at low slope Wednesday, 3 Jun 2015 | 6:22 AM ET
    Lennar CEO: Housing improving but at low slope

    Homes are in short supply and millennials are staying home longer, says Stuart Miller, Lennar CEO, discussing the slow, but steady improvement in the housing market. Also Miller weighs in on regulations and the difficulty for many homebuyers to obtain mortgages.

  • May 21- Uber Technologies Inc is seeking a $1 billion credit line from banks, the Wall Street Journal reported, citing people familiar with the matter. The cab-hailing company is in talks with a number of large banks for the loan, asking them how much they would commit and at what terms, the Journal reported, citing the people. San Francisco- based Uber, which has grown...

  • Is Indonesia inflating a credit bubble? Wednesday, 20 May 2015 | 7:17 PM ET
    An employee of BNI bank, an Indonesian state-owned bank, prepares rupiah banknotes for their ATMs and branch offices.

    Stories that begin with central banks easing bank lending requirements don't often end happily, but Indonesia may dodge creating a credit bubble.

  • DUBAI, May 20- An $85 million loan taken out by a Ugandan bank this year points to an emerging trend in international capital markets: the rise of the Gulf as a syndicated loan market for Africa and Asia. Stanbic Bank Uganda originally intended to raise $75 million through the 18- month deal in January, but expanded that because of strong interest from banks wanting...

  • New home sales 'way down': Pro Friday, 15 May 2015 | 6:52 AM ET
    New home sales 'way down': Pro

    We're actually lowering our forecast, says David Stevens, Mortgage Bankers Association CEO, sharing the outlook on housing and weighing in on the mortgage rate game.

  • LendingClub's disruptive model Monday, 11 May 2015 | 6:40 AM ET
    LendingClub's disruptive model

    The world's largest online consumer loans marketplace is disrupting the way people borrow money.

  • PayPal co-founder raises $275 million for 'Affirm' Wednesday, 6 May 2015 | 11:47 AM ET
    PayPal co-founder raises $275 million for 'Affirm'

    PayPal co-founder Max Levchin announced his lending startup Affirm has raised $275 million, reports CNBC's Josh Lipton.

  • Mortgage apps down but home loans are up Wednesday, 6 May 2015 | 10:00 AM ET
    Mortgage apps down but home loans are up

    Mortgage applications fell 4.6% overall last week, but activity was up for new home loans.

  • Quicken Loans vs. DOJ Tuesday, 5 May 2015 | 8:46 AM ET
    Quicken Loans vs. DOJ

    The Justice Department wants us to admit fraud and we're not going to do that, says Quicken Loans Chairman Dan Gilbert, weighing in on the DOJ's probe of the company and other large lenders.