New US Credit Card Legislation Has Allowed Credit Card Companies Too Much Time!

Amazon.de Widgets President Obama’s credit card legislation, although welcomed during these times of harsh economic woe, unfortunately will probably fall just short of what every American has been screaming out for, a strong leash on the credit card industry. Legislation to regulate the credit card companies from imposing financially sapping interest hikes and reducing credit lines without warning, will shortly be announced, and not a moment too soon as a battle weary American public continually [more...]

Date: 2009-09-29 12:31:20

Blog posts (15) | Videos (12)
 

Which is the Right Way to Cash Out of Reverse Mortgage

by Mulroony Vanrock I had an senior reverse mortgage prospect contact me last Tuesday ... is a very popular choice. Another important point to note about the line of credit is money sitting in the line of credit is accruing interest for the borrower’s favor thus increasing borrowing power over [more...]

Date: 2009-01-16 02:51:06

Solve Your Money Issues

There’s a saying that goes “you’ll get out of it what you put into it” ... I’ve learned from the quiz. Debt consolidation is when you consolidate multiple credit lines into one low interest loan or credit card - it typically involves a debt consolidation loan, but could [more...]

Date: 2008-07-21 20:34:00

Home Equity Financing Options - Should You Get a Home Equity Loan?

div style=’float: right; width: 100px; padding: 5px; margin: 5px; background-color: #FFFFCC;’font size=1font color=’#cc0000′bTip! ... for consolidating or eliminating high interest credit card debts. This way, you are able to pay off ... access to emergency cash may opt for an equity line of credit. However, if you are not interested [more...]

Date: 2009-01-12 15:30:50

Debt Managment and Debt Consolidation Loans For Bad Credit

Amazon.de Widgets What is debt consolidation but a way to financial freedom with positive actions to bring about resolutions of high interest rates, late fees, over the credit line fees, etc. and see ones balances decrease instead of increase with positive impact on the credit rating. The question is frequently asked by consumers who find that answers to accumulating debt are on the wire and something has to be done. [more...]

Date: 2009-09-22 05:45:34

Layaway is Making a Comeback

I read an interesting article in the Detroit News about layaway ... to the customer. Now banks are lowering credit card limits and home equity lines, and even consumers ... . Before there were credit cards, stores offered layaway as an option to consumers who may [more...]

Date: 2008-12-14 06:13:42

Do You Have Interest In "NO INTEREST"?

CarCareONE It's the solution to the question "Where do I get the money to fix my car? ... *No annual fee *Optional debt cancellation Keep your vehicle in tip-top shape with the CarCareONE card ... " CarCareONE is a credit card with a line of credit that is used just for your car. Now you don't [more...]

Date: 2008-12-11 18:02:14

Eliminating Debt in 5 Easy Steps

by John Major It is unfortunate that in today’s economy, debt rules all. From the deepest spots of our wallets, we have charged ourselves to the point of no return. The commercials and ads promising a better car, newer home and more of this and that are all based on lines of credit and bank loans. Our children have been raised in this economy where paying for something means a monthly payment and a low or high interest rate; this is why debt elimination is needed. [more...]

Date: 2009-09-24 11:39:25

ON THE RECORD at 10pm !!!

images-53 ON THE RECORD at 10pm PROGRAMMING NOTE: Tonight the CEO of Ford Motor Company, Alan Mulally. I am interested in, among other things, why Ford is asking for a line of credit when it says it does not need it???? and is the CEO really going to work for $1/year??? or are there options [more...]

Date: 2008-12-17 20:53:15

How the Recession Affecting the Loans Market

If you are looking for a loan or line of credit be ready to be depressed. The fact is that even if you have a perfect credit history, you’re likely to be offered a smaller loan than you applied for at an interest rate far higher than you’d ever expected. And there are likely to be onerous conditions attached. Take homebuyers for example. Over the last 18 months, the number of mortgage packages on the market has fallen from 30,000 to just over 2,500. [more...]

Date: 2009-09-11 01:49:24

Bye Bye Nortel

Once North America’s 2nd largest telecom equipment maker, Ontario-based Nortel Networks Corp. (NT) filed for bankruptcy this morning ... the proximate cause was a (US) $107m interest payment due tomorrow. Another factor was today’ ... a waiver necessary to use the line of credit after Moody’s downgraded Nortel debt to junk bond status [more...]

Date: 2009-01-14 18:01:54

Is a Home Equity Second Mortgage Right for You?

Second mortgage Home equity loans are an extremely popular source of credit. Lenders offer dozens of varieties of loans making it very easy to tap the equity in your home ... equity lines that come with fixed interest rates. Many lenders charge upfront fees and large amounts [more...]

Date: 2009-01-14 08:44:29

Credit Suisse Group (NYSE:CS) - The common stock is attractively valued, despite challenging market conditions. Free research report for 3Q 08 results.

In 3Q 08, Credit Suisse Group’s (Credit Suisse) net revenues declined y-o-y, with non-interest income falling well short of our expectations. The bottom-line also deteriorated sharply, reflecting tough conditions in global financial markets, which eroded trading income and led to higher provisions for credit losses. Nevertheless [more...]

Date: 2009-01-15 17:09:03

Euro Rallies After ECB Rate Decision as Trichet Signals Pause

After having cut interest rates by 50bp this morning to 2 percent, ... rating downgraded. Greece’s credit rating was cut by S&P yesterday. There are no silver linings [more...]

Date: 2009-01-15 14:35:30

Obama’s Credit Card Legislation May Need Fine Tuning!

Amazon.de Widgets President Obama’s credit card legislation, although welcomed during these times of harsh economic woe, unfortunately will probably fall just short of what every American has been screaming out for, a strong leash on the credit card industry.Legislation to regulate the credit card companies from imposing financially sapping interest hikes and reducing credit lines without warning, will shortly be announced, and not a moment too soon as a battle weary American public continually [more...]

Date: 2009-09-18 22:53:26

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