Five C’s of credit help determine loans

By Sandra Taylor-Sawyer: Guest columnist What does it take to obtain a business loan? This is an important question for today. According to local lenders, important elements they consider are the five C’s of Credit: Character, capacity, capital, collateral, and conditions. Other C’s that can be used to evaluate a loan are customer relationship, competition, […]

Bailout proves lenders need to privatize

Freedom New Mexico Just Tuesday, our editorial chided the Japanese government for clinging to a “too big to fail” attitude toward companies or enterprises with close ties to the government. Over the weekend U.S. Treasury Secretary Henry Paulson demonstrated

Government aid will make housing problems worse

By Freedom New Mexico No one can now deny the obvious: The housing bubble, especially in high-priced real estate markets, has popped. New home sales are projected to fall nationwide to 805,000 this year, down 23 percent from 1.05 million last year, the National Association of Realtors has reported. If that happens, it would be […]

Woman thankful for generosity of others

Letters to the Editor I would like to thank the unknown person who was so generous to give my daughter a coat. My daughter said a teacher asked if she had a coat. My daughter said no and that she could not find her sweater. A teacher then presented my daughter with a box wrapped […]