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The American General Financial Corp. has made loans to individuals and corporations since the 1920s, and they are a great option for getting car ...

BankThink The role banks can play in ending global poverty

U.N. Secretary-General Antonio Guterres correctly identified the global financial system as the best source for the $2.5 trillion, presenting a strategy to “reshape” global finance to ensure the goals are supported. While he provided few details, Guterres made it clear that more investment from large, private financial institutions in infrastructure, health care and similar projects is essential. Development advocates are now bringing that message to World Bank and IMF officials this week.

There’s no question that the financial system can do a lot more to cover the tab. At the end of 2016, the world’s five largest banks alone held more than $14 trillion in assets. And every year, banks package and sell $13 trillion in new debt and equity securities to institutional investors. By contrast, investment in sustainable development projects from all sources was only $1.4 trillion, according to a World Economic Forum estimate.

Development organizations must strengthen the loan guarantees used to attract banks to riskier projects. To further this effort, regulators should modify Basel III rules so that banks can invest more in development projects that, while risky, promise to improve the quality of life and increase stability in developing countries.

Trump Warns Storm-Ravaged Puerto Rico That Aid Won't Last 'Forever'

WASHINGTON — The message was as stark as it was startling. Three weeks after a killer hurricane ravaged Puerto Rico, President Trump indicated on Thursday that he was losing patience. At least some of the blame for the continuing crisis is yours, he told the island territory, and the federal government will not stay “forever.”

While most residents endured another day without power and many without water or other basic services, Mr. Trump upbraided Puerto Rico’s leadership for mismanagement that predated the storm and said troops and emergency workers would eventually leave. Caught off guard, his advisers scrambled to reassure Puerto Rico that Washington was not abandoning it.

The president’s warning came on the same day the House approved $36.5 billion in aid for natural disasters, including in Puerto Rico, with the tab rising weekly. Federal agencies expect to spend years helping the island rebuild. But Mr. Trump, who has been criticized for a slow and not always empathetic response to the storms that devastated Puerto Rico, sought to refocus responsibility to where he believes it belongs.

Does American General Finance help to rebuild bad credit?

I have really bad credit from the past, but I am now paying off my old debt and trying to start new and build up my credit. A coworker told me that American General Finance can help me to rebuild my credit. Is this true?

i am currently paying off a loan from american general. this business is not really to build up your credit. it is a loan company. the best way to build up credit is to get a secure credit card through your bank.

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