The Hierarchy of Woe Can Only Be Heard From The Top
I don’t give a damn if Wall Street and every bank in America crashes and burns. I don’t care if people lose their houses. I don’t care ... Visa, something obtained by providing a security deposit, because we either have bad credit ... credit card, I was denied. DENIED. I was told that I owed thousands of dollars. No one cared [more...]
Date: 2008-09-30 00:29:00
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When you should use a credit repair agency.
Credit has become a very important part of peoples live in todays age. If you have bad credit you are familiar with having closed doors to loans, bank cards, credit cards, car financing and... Writers Wanted: Join Our Blogging Community Today! [more...]
Date: 2009-09-28 18:57:28
The Farce that Launched the Great Depression II
The idiocy never ends. Putting on her best Howdy Doody face, Sheila C. Bair now suggests that a national bank be created to BUY all the bad bank debt! So, our new national bank is to be a repository for all the bad debt. That's not my idea ... 5% credit cards; have no stake holders but we citizens. It would renegotiate or issue mortgages [more...]
Date: 2009-01-17 20:45:37
Quit Blaming Democrats or Obama for Economic Meltdown
By Rowan Wolf Republicans and the "right" have been yelling that the mortgage crisis which toppled the economic house of shaky cards is the fault ... often inappropriate for buyers with bad credit. -Banks would have been required to increase efforts ... guidelines for banks writing risky loans. Today, in the midst of the worst housing recession [more...]
Date: 2008-12-01 15:57:31
Bank Loan Stats: The Good, The Bad & ........
The%20Fuugly.jpg The Federal Reserve's survey of loan quality for U.S. commercial banks is in ... ugly and are killing the banks. Surprisingly to some, credit card delinquencies and losses ... ) to be of particular importance in this credit crunch. Remember that these days banks can lend money in two [more...]
Date: 2008-11-19 02:12:16
Monday morning links
TOP STORIES Fed, Treasury revamp AIG support - MarketWatch China Unveils Sweeping Plan for Economy - NY Times Fed Defies Transparency Aim in Refusal ... For U.S. Banks - Washington Post Why banks are boosting credit card interest rates - USA Today Bear Stearns ... a bigger boom imply a bigger bust? - CFR How Low, How Bad, How Long? - Hussman Funds Laying [more...]
Date: 2008-11-10 14:24:06
Non ChexSystems Banks
by Dan Moskel If you have been placed into chexsystems you are in a difficult spot ... a review of the tribute credit card an unsecured bad credit mastercard. ... you do have an alternative to a checking account. You can get a prepaid credit card that will give [more...]
Date: 2008-12-02 13:43:19
Relentless Fraudsters Begin The Assault
Relentless Fraudsters Begin The Assault January 17th, 2009 The New Year’s barrage arrives just days before President Obama is sworn in ... for my help, the spelllinngg was so bad that I actually laughed out loud. Phishing scams come in many ... scams, overseas bank transfer scams, credit card or banking verification scams and many others [more...]
Date: 2009-01-17 08:20:43
Pakistani Bailout Plan
Governor of The State Bank of Pakistan Dr. Shamshad Akhtar has at last woken up after days of uncertainty of the banking sector and has admitted ... ballooned, and has generated bad habits of credit cards, auto loans, house loans and other types ... put the fear of God in the public about the fact that something can also go bad, while leaving them [more...]
Date: 2008-10-17 20:00:23
BANKS FACE ANOTHER BAD YEAR IN 2009
Rising loan losses, the threat of more regulation and tougher competition adds up to another year of poor profits for banks BY DAVID ELLIS ... a significant deterioration in the health of their credit cards and home equity loan portfolios ... bad the outlook for 2009 is just as dismal. It may seem hard to imagine how 2009 can be worse than [more...]
Date: 2008-12-22 15:14:10
Frugal Friday
Frugal Friday Christina Tynan-Wood on Oct 31 2008 | Filed under: Uncategorized The economy is bad, right? ... to my Visa card at a place called Mary’s Sandwiches, it guessed “Dining.” It did a good job, too ... passwords) giving Quicken the log-in information for my credit cards, bank accounts, and loans [more...]
Date: 2008-10-31 18:09:07
Big Victory in Fight Against Spam: Major Spam Host Axed
The Washington Post is reporting that a US host allegedly responsible for a whopping 75% of the junk email sent out globally on on a daily basis has ... porn, and a Trojan horse operation that apparently swiped banking and credit card information ... . In addition to controlling spam-producing botnets, MyColo’s bad practices extended to other illegal [more...]
Date: 2008-11-12 18:42:03
Basics of Reverse Mortgages
Basics of Reverse Mortgages Posted by Dark Spider at January 17, 2009 What is a reverse mortgage? ... profile fortune 500 bank, for whatever reason. If you have bad credit or questionable financial ... free card. It is a serious loan and therefore must be treated as one - if you know for sure [more...]
Date: 2009-01-17 00:07:33
E*Trade on the Brink - Seeks $800 Million from TARP to Stay Solvent
Battered E*Trade banking on government fundsFri Nov 21, 2008 5:15pm ESTBy Jonathan SpicerNEW YORK (Reuters) ... U.S. government funds that would bring some relief to its book of bad mortgage loans.Shares ... situation. E*Trade Bank offers credit cards, savings and checking accounts, and mortgage and home equity [more...]
Date: 2008-11-22 21:26:00
Citi to hive off India arms after global split
Citi Financial, one of the largest finance companies operating in India, may sport the ‘For Sale’ sign, ... or bad loan ratio in India for its credit card and consumer banking business in India rose to 6.3 ... loss of $8.29 billion. Citi Financial, whose businesses in India span mortgages, personal loans [more...]
Date: 2009-01-17 05:43:13
The Physical Side Effects of Debt
Anyone who has carried a heavy load of debt is keenly aware of its ability to strain your budget and your relationships, ... forced to stay in a bad job because relocating is simply not an option when living paycheck to paycheck ... like to donate to banks and credit card companies. Financial Peace Now imagine for a moment [more...]
Date: 2008-06-25 02:10:57
Money Matters
With the current economic crisis and rising cost of living, people are tightening their belts and scrimping even more ... have bad credit. Another popular alternative nowadays are payday advance loans from online financial ... . There are several options like bank loans and cash advance from your credit card. The thing [more...]
Date: 2008-10-10 14:30:00
Cash Envelope System for Budgeting
Is the cash envelope system for you? ... people with their little envelopes labeled “Food” and “Gas”. “Hmmph! They must have such bad credit they can’t even get a bank account!” is exactly what I thought as I swiped my credit card through [more...]
Date: 2008-10-04 10:00:18
MS Office Passwords and Password Recovery Programs
By Albert McZeallyAll of us want to protect ourselves. At home we have fire alarms, sprinklers and burglar alarms to keep our families safe ... for something untoward. Anyone who keeps financial information such as credit card or bank account numbers ... that you forgot the password. Although writing down your passwords seem like a bad idea, if you are [more...]
Date: 2009-01-06 22:04:00
Schwab (SCHW): More Bad News For Citigroup (C)
Schwab (SCHW) said that trades by its customers dropped 18% from October to November falling to "408 ... is at $1.14 and can't go much lower. But, the news is bad for Citigroup (C) as well. The big bank counts ... , credit cards, corporate lending and underwriting, and M&A have practically disappeared. At Citi [more...]
Date: 2008-12-15 16:30:50
A Good Decision from the OCC's Tim Long
Regular readers know I don’t normally have much good to say about OCC bank regulator Tim Long ... proposal to defer losses on bad consumer credit card debt. The plan, concocted by an odd alliance of bankers and consumer groups, was a one-two punch of dumb ideas. First, it would have let card lenders “ [more...]
Date: 2008-11-14 19:35:26
Mark My Words
The year 2008 is now a part of history, but I am sure we will be feeling the effects of its aftermath for years to come ... a job in credit card collections for a major banking institution. Even back then, many ... or another. It is too bad that so many of our politicians, the ones we trust to lead our country still [more...]
Date: 2009-01-07 19:16:06
Double Barrels Hit Financials
95129c Most industries get to spread out their bad news. The current exceptions appear to be the automotive and banking sectors ... that large financial firms will have to cut the amount of credit that they offer consumers. She expects ... to credit card customers. While the move will save the banks a lot of money on defaults, it will loss [more...]
Date: 2008-12-01 16:20:57
5 Ways we Lie to Ourselves about Money
We’ve talked about the different ways that our brains and the way we think can work against us when it comes to money, ... , but it only really takes one bad one to make it a lie. 2. Spending money before we make it: With easy credit ... : This has become easier with time. We have accounts with one bank, credit cards with another [more...]
Date: 2008-07-21 03:28:12
Sellers think you don't have to lower prices or offer closing help? The next shoe is dropping, this time Credit Cards!
With the stock market down big today and oil back up I have to admit it's been a downer of a week. I did have to chuckle though today in reading this story about just how bad it's getting for the banks. Lenders have long relied on consumers' credit scores to decide whether to approve card [more...]
Date: 2008-06-21 05:23:51
Global Investing Roundups Friday, December 19th, 2008
FedEx Announces Profit, Cost Cuts; Report: Wal-Mart to Sell iPhones; GM Denies Chrysler Merger Talks; Discovery Applying for Bank Status; ... reported. Credit card firm Discovery Financial Services (DFS) added itself to the list of companies ... ; Carnival Cruises to 4Q Profit FedEx Corp. (FDX) mixed bad news with good in its latest quarterly [more...]
Date: 2008-12-19 11:29:55
The Bank “Gaming” Culture
There is a “gaming” culture in the US Banking system that is has survived the Financial Meltdown - call it “the never give the suckers an even ... divestment. Citi as credit card provider lasted for two years when I found their practices so bad ... : Now lets be clear - I have never dealt with Citibank except through a credit card which [more...]
Date: 2008-11-28 21:15:39
JPMorgan profit drops 76 percent
JPMorgan Chase & Co. said that its profit fell 76 percent as rising defaults. The company said in a statement that the year-old U.S ... More consumers are paying late on their credit cards and mortgages, forcing banks to increase reserves, the statement said. JPMorgan has almost tripled its provisions for bad debt in the past year. Fourth [more...]
Date: 2009-01-15 14:23:57
I Can't Stop Shopping. Help Me!
Christ With Shopping Bags, Banksy Gala Darling – I Can’t Stop Shopping. Help Me! (mp3) Right-click to save, or click to play ... of stupid but hey! That bank gave me that credit card, right?! They wouldn’t have given ... like I need to go to rehab or something! I feel so bad because my boyfriend is so helpful and lends [more...]
Date: 2008-10-29 17:20:20
Tickets reservation using PAL site
I was pissed off when I made an online reservation using PAL’s website ... submit for a new credit card application at the bank but he sees no connection at all between PAL and my card. He’s right and I’m hoping that PAL’s site will be more user-friendly. Here are some bad [more...]
Date: 2008-12-01 15:09:04
Banks -- can't live with 'em, can't live without 'em
... That initial recapitalization was necessary. Without that government-financed capital, many more banks would have been insolvent, ... getting worse by the day, other assets, like commercial real estate and credit card loans, are going ... with the bad assets, once and for all. They need to be properly valued and they need to be isolated [more...]
Date: 2009-01-17 12:55:18
Barclays loses billions off its share value - The Times, uk - link (aqui)
January 17, 2009Stock plunges after ban on short-selling endsJohn Varley, chief executive of Barclays Group, and Bob Diamond, ... be valued in the bank’s books. A downgrade in the creditworthi-ness of some credit card companies – ... . The Treasury will also hold out the prospect of creating a “bad bank”, to take the toxic assets off [more...]
Date: 2009-01-17 11:10:00
This and That: Thanksgiving Edition
Freelance work has slowed down this week due to the upcoming Thanksgiving weekend ... that will allow my clients to pay by credit card. It will cost me a bit in bank fees but it will make me look ... deadlines. The bad news is I’ve been so busy tunneling through papers that I’ve barely drawn anything [more...]
Date: 2008-11-26 06:55:19
Barclays loses billions off its share value
http://business.timesonline.co.uk/tol/business/article5533488 ... be valued in the bank’s books.A downgrade in the creditworthi-ness of some credit card companies – ... . The Treasury will also hold out the prospect of creating a “bad bank”, to take the toxic assets [more...]
Date: 2009-01-17 13:12:22
After the Bailout, Bank Stocks are a Bad Deal for Investors Now
The $250 billion bank bailout announced Monday is a great improvement on the $700 billion Troubled Asset Relief Program (TARP) ... have invested in troubled mortgage loans, relics of a home mortgage bubble that should never ... . You haven’t received Uncle Sam’s credit card bill yet. Under the new bailout plan, the government [more...]
Date: 2008-10-17 12:59:00
How Bad Is It?: Leveraged Loans at Slowest Volume Since 2002
How Bad Is It? is a Deal Journal feature focused on confirming or debunking the worst fears about the credit crunch ... after the credit crunch hit, investment banks still are facing full trash bags of old leveraged ... of high-yield debt for Canadian telecommunications operator BCE; $4.3 billion for credit-card processor [more...]
Date: 2008-08-20 12:22:00
Dealing with a bad attitude
Dealing with a bad attitude Posted in Better Living by Seth Barnes on 1/7/2009 WARNING - If you're hoping for inspiration, ... that my credit card company hadn't received the online payment I'd sent from my bank on December 19. Instead, they'd charged me a finance charge. So I called the credit card people. What's annoying [more...]
Date: 2009-01-07 14:13:06
Another Bad Day Dawns in Asia
As of this writing, the Nikkei is down nearly 500 points. Singapore is least trashed, down 3%, the Hang Seng is down over 6% ... no confidence in Paulson's latest folly, the "let's bailout credit card debt so the banks can let consumers ... in at least 15 years, according to Credit Suisse AG. ``Besides [more...]
Date: 2008-11-13 04:32:03
Bailout Gets More Costly Due to “Bipartisan” Deal; Foolish Limits on Foreclosure Should Be Removed
Liberal Congressional leaders have apparently reached a deal with the Bush Administration on the principal elements of a $700 billion bailout of the ... student loans, car loans, credit card debt and any other ‘troubled’ assets held by banks.” ... . Although it is being sold as a “bipartisan” — a buzzword often used to push bad policies – Republican [more...]
Date: 2008-09-28 20:34:55
Breaking News: Washington Mutual to be Acquired by JPMorgan Chase (Update1)
Update1: From USA Today… JPMorgan Chase (JPM) acquired the banking operations of Washington Mutual, (WM) ... Credit Card? » WaMu Increases Online Savings Interest Rate » Cancelling John Hancock Life ... . This makes me wonder if the government might not be picking up some of WaMu’s bad debt to sweeten [more...]
Date: 2008-09-26 01:10:10
Fourth-Quarter Earnings: How Bad? - Investors are expecting something abysmal. Could earnings that are merely bad spark a rally?
We have been in an overly optimistic mode since Obama was elected, and this has been global ... economy, the financial sector. We have yet to hear from commercial mortgages and credit card defaults ... on individual company good news, but don’t fall on systemic bad news. Government bailouts go to banks [more...]
Date: 2009-01-06 15:58:53
Bizarre: Reading an Anti-Bailout Piece in the Toronto Star
The Toronto Star picks up David Ignatius' syndicated column on the subject of bailouts ... would be that bad behaviour brings a rescue. If Wall Street investment banks can get away ... , or who maxed out his credit cards without a hope of repaying the debt? What the heck? We're [more...]
Date: 2009-01-05 20:40:00
Markets won't Bottom until Banks Stabilize
It should be obvious to most investors that until the financial sector stabilizes and starts to post a meaningful rally, ... in other segments of credit, including revolving credit card and auto loans and now deteriorating ... . As I stated a few days ago, the market will probably not bottom until we see a combination of bad assets [more...]
Date: 2009-01-16 14:12:44
Why Bail? The Banks Have a Gun Pointed at Their Head and Are Threatening to Pull the Trigger
From Talking Points Memo: If you have a real story, you don’t have to make up phony stories. That’s pretty straightforward ... with so much bad debt that the banks can’t trust each other to repay loans. This creates a situation in which the system of payments breaks down. That would mean that we cannot use our ATMs or credit cards [more...]
Date: 2008-09-29 23:25:39
Banks Look To Fourth Quarter Trouble
Hope springs eternal. For several months now analysts and investors have believed that the fourth quarter would be a reasonable one for banks. A lot of the bad paper on their balance sheets would have been sold off or at the very ... by trouble with LBO paper, commercial real estate, and credit cards. This wave of problems could [more...]
Date: 2008-12-02 11:09:12
Merchant Services Charge-back Horror: Why Paypal Ia The Only Way:
_3248 Creative Commons License photo credit: David Boyle in DC There are reasons why I had the outrageous gall to re-start my online marketing ... ), those customers can decide to lie to the banks at any time, about an e-check, or a credit card payment ... to our merchant account when that happened. As if it wasn’t bad enough that people stopped [more...]
Date: 2008-11-01 17:55:10
Financial stocks hit new lows despite U.S. cash infusions
If the government’s financial-system rescue plan was supposed to give investors comfort about holding stocks of banks, ... . But that obviously isn’t making shareholders feel better about the credit card giant’s prospects ... of 179.22 set on Oct. 27. It’s another bad day for stocks in general, but apart from the financials most [more...]
Date: 2008-11-11 19:26:16
A Bad Week in Ardwulfsville
Over the weeekend, I had my credit card number stolen and some bogus charges made to it. Called the bank immediately and was told that I would need to come in to the branch to sign the paperwork the next day. The customer service rep could not tell me which of the two card numbers [more...]
Date: 2009-01-08 22:00:53
Wall Street bailout plan to include more than bad mortgage debt: Feds to absorb unpaid bar bets, inadvertently laundered postage stamps, unredeemed soda cans and insufficient tooth-fairy disbursements
Totally absurd? Think twice: In the dark of night over the weekend when most people were snoozing, the Treasury dramatically expanded its bailout plan to include buying student loans, car loans, credit card debt and any other “troubled” assets held by banks. The changes, which were included [more...]
Date: 2008-09-23 06:05:06
Daftar Kata Kunci Harga Tinggi, HPK
Daftar Kata Kunci Harga Tinggi, HPK HPK atau High Paying Keyword adalah kata kunci yang memiliki nilai CPC (Cost Per Click) ... experience work 27.71 6.50 bank card chase credit 20.79 6.50 valencia car hire 20.45 6.50 ... services web 24.05 6.49 free mortgage quote 20.51 6.49 bad credit consolidation 18.37 6.49 best [more...]
Date: 2008-07-06 00:48:38
