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Latest Personal Loans Bad Credit news:Credit card users: Not so responsible after all?
With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't.
Read more News Source - AP via Yahoo! News
Publish date - 23:49:00 03/10/10
Land a Business Loan Despite Bad Personal Credit
Approach local bankers, informal investors, and peer-to-peer lenders, such as Prosper and Zopa, and talk up revenue history, accounts receivable, and inventory
Read more News Source - BusinessWeek
Publish date - 19:44:07 03/09/10
Credit Card Users: Not So Responsible After All?
Are credit card users really paying down debt? Analysis finds bank write-offs caused 2009 drop Credit card - Bank - Business - Personal Finance - Money Management
Read more News Source - ABC News
Publish date - 00:46:35 03/11/10
Credit card users: Not so responsible after all?
With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't. The bulk of 2009's drop in credit card debt instead came because banks were forced... Credit card - Federal Reserve System - CardHub.com - Personal Finance - Debt
Read more News Source - San Francisco Chronicle
Publish date - 00:01:11 03/11/10
Credit-card users blow off billions in debt
CANDICE CHOI AP Personal Finance Writer In 2009, banks wrote off a record $83.27 billion in credit-card debt. A study found that accounts for the bulk of the of $93.2 billion drop in consumer-card balances reported by the Fed for last year.
Read more News Source - The Houma Courier
Publish date - 04:05:33 03/11/10
Real Estate's Link to the Small Business Credit Crunch
It's no secret that small businesses in the U.S. face difficulties accessing credit. According to a survey of a random sample of 751 small businesses conducted by Gallup at the end of 2009 for the National Federation of Independent Business Research Foundation, 44% of small businesses seeking credit in 2009 received only some or none of the money they sought. This level of credit access compares ...
Read more News Source - BusinessWeek via Yahoo! News
Publish date - 13:14:50 03/10/10
Massive rise in interest rates on personal loans
Banks have massively hiked interest rates on personal loans during the slump, raising the cost of finance for cars, sofas, and other major purchases by hundreds of pounds, new research for The Independent shows today.
Read more News Source - Independent
Publish date - 00:59:02 03/08/10
Credit-card users blow off billions in debt
In 2009, banks wrote off a record $83.27 billion in credit card debt. A study by consumer credit research site CardHub.com found that accounts for the bulk of the of $93.2 billion drop in consumer card balances reported by the Fed for last year.
Read more News Source - The Daily Comet
Publish date - 04:54:31 03/11/10
Market Commentary and Intraday News
Credit card users: Not so responsible after all? (AP:NEW YORK) With unemployment high and personal wealth diminished, how was it that strapped consumers were paying down their credit card debt last year? It turns out they probably weren't.
Read more News Source - INO News
Publish date - 23:54:40 03/10/10
Scotiabank posts record domestic profit
Bank of Nova Scotia reported a first-quarter profit of nearly $1-billion as growth in demand for residential mortgages and personal loans boosted the domestic lending operation. For the three months ...
Read more News Source - MalaysiaNews.net
Publish date - 21:07:16 03/09/10
ICBC Plans No Fund Raising; 2009 Loans Hit Record (Update1)
Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value, said it has no fund-raising plans even after boosting new loans by 24 percent to a record last year.
Read more News Source - BusinessWeek
Publish date - 05:39:23 03/08/10
Real Estate's Link to the Small Business Credit Crunch
It's no secret that small businesses in the U.S. face difficulties accessing credit.
Read more News Source - HispanicBusiness.com
Publish date - 17:10:13 03/08/10
Black Homeownership Problems: Many Upside Down Mortgages, Money Tight
Filed under: Personal Finance , Dr. Boyce Money , Savings Black American wealth has dropped dramatically during the latest recession. The recent meeting between Rev. Al Sharpton, Marc Morial, Ben Jealous and Barack Obama underscored the urgency of dealing with the financial challenges currently being faced by African Americans. One of the critical areas in which black people are being hit ...
Read more News Source - Black Voices
Publish date - 04:44:20 03/11/10
Land a Business Loan Despite Bad Personal Credit
I started a fabric and quilt shop in 2003 after finding myself a single mom. We expanded in 2007 but had problems with our new building. I found a new location, and my customers love it, but I'm in de...
Read more News Source - MalaysiaNews.net
Publish date - 20:36:22 03/05/10
ABN cuts credit limit on cards to a tenth
ABN cuts credit limit on cards to a tenthABN cuts credit limit on cards to a tenth
Read more News Source - The Economic Times
Publish date - 05:10:32 03/08/10
Beckham backing
Old Trafford favourite dons anti-Glazers scarf
Read more News Source - BBC News
Publish date - 05:31:17 03/11/10
Reserve Bank Agrees There is a Housing Shortage in Australia
RBA assistant governor Philip Lowe said in a speech in Sydney yesterday that constraints on home building are restricting the supply of homes in Australia. The shortage is one factor keeping prices up. Nothing was said about the lending boom.
Read more News Source - The Daily Reckoning
Publish date - 04:39:55 03/11/10
Jerry Chautin: Stimulus for Small-Business Loan Programs is Inadequate and Time-Dated
The on-again-off-again stimulus funding for small businesses is giving me a bad case of heartburn. The' lack of adequate funding for lending programs through the Small Business Admin. is myopic.
Read more News Source - The Huffington Post
Publish date - 17:44:11 03/09/10
Greek PM: Obama 'positive' on speculator battle
Greek Prime Minister George Papandreou said Tuesday that President Barack Obama offered a "positive" verdict on European plans to thwart speculators blamed for deepening Greece's crisis.
Read more News Source - AFP via Yahoo! News
Publish date - 00:17:51 03/10/10
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