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
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Goldman Sachs Predicts Loan Losses Will Top $2 Trillion
Despite all the hoopla about stimulus plans and bailouts rescuing Americans’ home equity and retirement accounts, ... of $780 billion. Add in losses from commercial real estate, credit cards, auto debt and business ... on bad overseas loans that they hold. And it looks like more bad news about loan losses will be coming [more...]
Date: 2009-01-15 23:05:05
Real Estate investing and bad credit reports
by Doc Schmyz Creditors and bankers approve or disapprove loans based on your credit worthiness ... . You will be able to pay your bills on time. Having bad credit reduces the opportunities of these things. You may get approved for a loan or for a credit card but with a higher interest rate [more...]
Date: 2008-12-25 10:33:44
9 Reasons for a good credit rating or FICO score
Does my credit rating really matter? That question goes through a lot of people's heads as they max out their credit card or don't pay their automobile payment Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events and community [more...]
Date: 2008-12-22 12:51:43
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
Does Bank Of America (BAC) Get The Next Bailout?
The Paulson/Bernanke bailout is now spreading across the financial system like a prairie fire in a stiff wind. AIG (AIG) got one deal ... on credit card, home, and auto loans increase, and commercial real estate and corporate loans fail ... of mortgages with its buyout of Countrywide, may not be a bad candidate. Neither is Morgan Stanly [more...]
Date: 2008-11-24 11:16:38
Is Making 100K in One Day Selling Real Estate Guru Product Bad for Business?
That depends. Who is the speaker? What is the product? Was it done in a pitch-fest? ... about their beautiful spouse and kids or need to see pictures of them in front of their 60K car? “Selling ... ! (But first they “qualify you” by checking to see how much money you have on your credit cards!) YIKES [more...]
Date: 2008-10-14 20:58:43
Atlanta Real Estate Recovery
Post 2 of 3 in the Atlanta Real Estate Recovery series (energy, housing, credit). Roger Tutterow Ph.D ... inventory of homes which causes a longer time on market. However, this news is not all bad either ... college grads were some of the same one’s who had school loans, credit cards, new cars, and a huge [more...]
Date: 2008-12-10 12:30:41
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
Own a Home for $1000
From CNNMoney.com - "Radical cheap: $1,000 homes": The real estate market is so awful that buyers are now scooping up homes for as little as $1,000 ... . Pull out your credit card, this could be yours: In Detroit for instance, Century 21 Villa owner ... estimates will cost between $15,000 and $20,000. But that's not bad, considering that the home last [more...]
Date: 2009-01-09 04:05:13
For the REAL pharmacies out there: get a direct MID
OK, I've been in the online pharmacy business since 2002 and I've seen various ups and downs. Most of the downs had to do with credit card processing. I've been screwed out of 6 figures over ... of 3rd party providers, each one turned out to be a bad decision. One day they stopped paying [more...]
Date: 2008-11-04 17:24:16
How to Use 0% Interest Credit Cards
If you're credit is strong enough to garner the attention of credit card companies offering 0% introductory interest rates, then you surely have the discipline Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events [more...]
Date: 2008-12-23 12:45:37
Real Estate investing and bad credit reports
by Doc Schmyz In today’s world our credit score is everything. Creditors and bankers approve or disapprove loans based on your credit worthiness ... . You will be able to pay your bills on time. Having bad credit can reduce the opportunities of things. You may get approved for a loan or for a credit card but with a higher interest rate [more...]
Date: 2008-12-31 15:40:09
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