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Former Newport News bookkeeper sentenced for embezzlement, loan fraud – NEWPORT NEWS, Va. – A former bookkeeper was sentenced on Wednesday to over five years in prison for embezzling funds from a Newport News medical practice and getting a fake SBA-guaranteed loan using.
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In fact, some short-term cash advance loans can have APRs in the hundreds of percentage points, with a 400% APR not unheard of (or even uncommon). Another concern when it comes to short-term loans is ensuring you can repay the entire amount at the end of your loan, since you’ll be required to hand over the full loan amount plus all fees.
Hutchins Roundup: Government mortgage guarantee, post-2008 output losses, and more – Want to receive the Hutchins Roundup as an email? Sign up here to get it in your inbox every Thursday. The federal government guarantees residential mortgages up to a cap-the conforming loan.