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Released: November 02, 2012
Banks offer loans, credit limit hikes to Sandy victims
Source: Blake Ellis, CNNMoney.com (Free Registration)
In the wake of Superstorm Sandy, banks are offering short-term loans and emergency credit limit increases to many East coast residents. But before jumping on one of these offers, make sure you know what you're getting into. Citi (C, Fortune 500), Wells Fargo (WFC, Fortune 500), Bank of America (BAC, Fortune 500), Chase (JPM, Fortune 500) and American Express (AXP, Fortune 500) have been sending out e-mails and posting alerts on their websites, notifying credit card customers that they may qualify for special credit offers if they were impacted by the storm. And in certain cases, banks are being a little more lenient with their lending standards.Read Full Article: Banks offer loans, credit limit hikes to Sandy victims
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