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Latest Credit Equity Loans news:Late payments on equity loans rise
Delinquency rates on home-equity loans are higher than they have been in more than a decade, the American Bankers Association said.Late payments have reached an 11-year high as the consumer is getting hit from all directions, Joel Naroff, president of Naroff Economic Advisers told USA Today.Consumers most often deal with home loans as the highest priority, followed by car loans and then credit ...
Read more News Source - Moldova.org
Publish date - 18:08:49 07/03/08
Late payments on equity loans rise
WASHINGTON, July 3 (UPI) -- Delinquency rates on home-equity loans are higher than they have been in more than a decade, the American Bankers Association said.
Read more News Source - UPI
Publish date - 18:06:28 07/03/08
Bad Credit Loans Offer Last Line of Credit
As money becomes increasingly scarce, bad credit loans offer the last line of available credit explains Andy Hygate from www.loansbadcredit.org.uk . (PRWeb Jul 4, 2008) Read the full story at http://www.prweb.com/releases/2008/07/prweb1075254.htm
Read more News Source - PRWeb
Publish date - 08:54:48 07/04/08
Bad Credit Loans Offer Last Line of Credit
As money becomes increasingly scarce, bad credit loans offer the last line of available credit explains Andy Hygate from www.loansbadcredit.org.uk.
Read more News Source - PRWeb via Yahoo! News
Publish date - 08:00:30 07/04/08
Home-equity credit being cut
Melville, N.Y. - Melville, N.Y. - Homeowners have been getting their home-equity lines of credit frozen or pared down...
Read more News Source - Milwaukee Journal Sentinel
Publish date - 19:38:35 07/03/08
Identity Theft Can Drain Your Home Equity Credit Line So Check Accounts Regularly, Says ITAC
ITAC, the Identity Theft Assistance Center, warns consumers to regularly check their Home Equity Lines of Credit (HELOC) accounts, following release of a Federal Bureau of Investigation (FBI) report indicating an increase in the use of identity theft to drain these accounts.
Read more News Source - Centre Daily Times
Publish date - 13:54:45 07/03/08
Identity Theft Can Drain Your Home Equity Credit Line So Check Accounts Regularly, Says ITAC
WASHINGTON----ITAC, the Identity Theft Assistance Center, warns consumers to regularly check their Home Equity Lines of Credit accounts, following release of a Federal Bureau of Investigation report indicating an increase in the use of identity theft to drain these accounts.
Read more News Source - Business Wire via Yahoo! Finance
Publish date - 13:30:47 07/03/08
Overdue Home-Equity Credit Lines Rise Most Since 1987 (Update3)
July 2 (Bloomberg) -- Consumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signaling deeper distress in the U.S. economy, the American Bankers Association reported.
Read more News Source - Bloomberg.com
Publish date - 20:16:48 07/02/08
Bad home equity loans highest in 11 years
Consumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signaling deeper distress in the economy, the American Bankers Association reported Wednesday.
Read more News Source - Miami Herald
Publish date - 21:16:29 07/02/08
Home equity credit line delinquencies hit high
The troubled economy is leaving consumers with increasingly tough decisions about which debts to pay first, and in some cases, which to pay at all.
Read more News Source - USA Today
Publish date - 08:27:42 07/03/08
US Home Equity,Credit Card Delinquencies Rise In 1Q-Indus Group
WASHINGTON -(Dow Jones)- Cash-strapped U.S. consumers hurt by the weak economy continued to fall behind on credit payments during the first quarter, a trend one financial industry group said Wednesday it expects to continue.
Read more News Source - Nasdaq
Publish date - 12:58:30 07/02/08
Real Estate Weekly: Home-eauity-loan woes continue to mount
The delinquency rate on home-equity lines of credit rose to its highest in more than a decade during the first quarter, the American Bankers Association said this week.
Read more News Source - Market Watch
Publish date - 16:22:04 07/04/08
Sharp fall in equity release by home owners
The amount of money withdrawn from the equity in people's homes has reduced by almost two-thirds the past year, as the credit crunch has forced banks and building societies to tighten their lending criteria.
Read more News Source - Independent
Publish date - 00:09:49 07/03/08
Home equity, bank card delinquencies up
An increasing number of homeowners and consumers are coming up short when it comes to paying their monthly debt obligations. According to the American Bankers Association, delinquency rates for home equity lines of credit and bank cards rose during the first quarter.
Read more News Source - East Valley Tribune
Publish date - 00:39:13 07/03/08
UPI NewsTrack Business
U.S. markets mixed before holiday ... United raises prices at the bar ... Not bribes, consulting fees, attorney says ... Late payments on equity loans rise ... News from United Press International.
Read more News Source - UPI
Publish date - 21:06:27 07/03/08
Consumers hit hard, bankers group says
In the latest indication of pressure on consumers, late payments on home-equity lines of credit rose to an 11-year high in the first quarter of 2008, according to the American Bankers Association.
Read more News Source - The News Journal
Publish date - 00:30:17 07/05/08
Overdue home credit lines up sharply, bankers say
Consumers fell behind on loans secured by their homes at the fastest pace in two decades in the first quarter, signalling deeper distress in the United States economy, the American Bankers Association reports.
Read more News Source - Toronto Star
Publish date - 08:49:38 07/03/08
$52 Billion Deal for Bell Canada
Private equity buyers apparently salvaged a record $52 billion deal for Bell Canada on Friday by postponing its closing date and canceling dividend payments.
Read more News Source - New York Times
Publish date - 16:28:26 07/04/08
FDIC Warns Banks On Legally Scaling Back Home Equity Lines
WASHINGTON -(Dow Jones)- Lenders eager to scale back or suspend home equity loans amidst the ongoing housing slump must meet certain legal requirements aimed at protecting consumers, a top U.S. banking regulator warned in a letter to bank executives.
Read more News Source - Nasdaq
Publish date - 15:28:11 07/01/08
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