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Australian banks and mortgage insurers could absorb the losses should home prices plunge, and related securities would maintain their ratings, Fitch Ratings said.

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Kathmandu, Nepal (AHN) – In a major operation jointly lunched by the Nepal Army and Nepali private Airlines, more than 2,000 tourists, stranded in Lukla due to inclement weather that made it impossible for airline companies to operate flights to and from the airstrip there for the past week, were rescued on Saturday. Nepal Army helicopters and other private airlines were mobilized to rescue them from the only airport of the Everest region, Lukla.

“The passengers were stranded due to bad weather there. The rescue was possible due to good weather on Saturday and the help from Nepal Army,” said Sarad Pradhan, media consultant at the Nepal Tourism Board(NTB).

According to Pradhan the Army helicopter was mobilized on Saturday in coordination with trekking agents at the request of the Ministry of Tourism and Civil Aviation, NTB, Trekking Agents Association of Nepal and Himalayan Rescue Association.

Flights that were cancelled from November 12 due to extremely foggy weather conditions in the region resumed Friday when weather slightly cleared up. Several dozen people chose Friday to trek to Jiri rather than try their luck with flights, a close destination from Lukla. Trekking agencies and the Himalayan Rescue Association (HRA), a non-profit organization that seeks to reduce casualties in the Himalayas, put the number of stranded people in Lukla as of Thursday at over 2,000. Stranded foreigners are paying as much as $ 1,000 for a half an hour flight back to Kathmandu.

The Nepal Army’s Directorate of Public Relations informed that Army helicopters rescued 184 passengers who had poor health condition or had short visa term in Nepal .Among them were eight Nepalis and the remain were foreign tourists who were flown from Lukla to Lamidanda to Kathmandu.

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If you are buried under debt and do not have a way to sort out your financial troubles, here is a solution to help you out. You can use the bad credit loans to take care of the financial troubles you face. These loans are designed to help you with any unforeseen credit problems. They are a form of personal loans that help you in repairing an already damaged credit.

The bad credit loans can help you to deal with situations like, exceeding your credit card’s limit or missing a loan repayment. They are also very helpful against bankruptcy. Bad credit loans can also help you in debt conciliation. This means that you can use these loans to pay off the other ones with a much higher rate of interest. This will help you to reduce the amount that you usually pay each month. So you end up paying less interest and a lower monthly payment as compared to the other forms of small loans.

You can easily find the right type of bad credit loans for yourself, by simply finding a good online broker. Such a broker can help you by getting you in touch with a company providing loans to suit your situation and requirement. Meanwhile you should prepare some paperwork in advance before you contact a broker. Also see to it that you have a copy of your current credit report.

Read the report very carefully and check if there is any inaccurate information. If there is any mistake in the report do contact the credit reporting agency and tell them to fix it. Also try and bring all your pending bills up to date, this is a useful step that can help you to improve your situation. When you pay off your outstanding debts it improves your standing in the eyes of a new potential lender.

There are certain things that you should do, first of all you should not be late with any outstanding bill or loan payments. Remember these little attempts increase your credibility when it comes to taking a bad debt loan.

Make it a point to repair your credit; it is very helpful to reduce the interest rate that you will be otherwise charged when you apply for a new loan. The new lender sees it as a risk reducing factor and in exchange you are the one that benefits from a lower interest rate.

Never try to withhold any information from broker or mislead him/her. The fact is that he/she will sooner or later learn every fact from your credit report. No one will help you with the loan, if they do not think of you as honest. The key is to invest some time and effort into finding the right bad credit loans for your self. Make some efforts to improve your situation whereas the credit standing is concerned. This will help you with the new application.