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Economic Potpourri December 30, 2008

The barrage of noteworthy economic news continues as we head into the new year. Here are a few headline news reports of interest from the past couple days.Japan mulls scheme to buy bad loansJapan's government and central bank are considering a $110 billion scheme to buy bad loans and other financial assets from banks to ease a credit crunch [more...]

Date: 2008-12-31 02:58:00

Blog posts (88) | Videos (399)
 


Bad Credit Loan Mortgage Foreclosure Information

Many people are delaying their obligation to get auto insurance ... 15, 2009 — Health Insurance Plans qualify Coverage (0) November 3, 2008 — Payday Loans Solution [more...]

Date: 2009-01-15 08:23:07


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, ... — the losses that investors and financial institutions are potentially sitting on from bad loans… ... of $780 billion. Add in losses from commercial real estate, credit cards, auto debt and business [more...]

Date: 2009-01-15 23:05:05


5 Ways to Save Money on Your Next Vehicle Loan

by Ada Denis Don’t get stuck with a bad car deal. Here are five ways to walk away from an auto dealership and save money on the vehicle loan. 1 ... an application with your personal bank, credit union, finance company, or online auto loan broker [more...]

Date: 2008-12-09 09:27:49


Got Car Loan?

In a perfect world, people have no money problems; jobs never get pink-slipped; great credit is possessed by all; ... have thought about it, but people with bad credit need to buy cars too - just like people with good credit. Cars get wrecked. Sometimes they cost more to repair than their worth. Sometimes, they just die [more...]

Date: 2009-01-15 18:18:18


Thank you Taxpayer. Sincerely, Merrill Shareholders

From the Wall Street Journal In the end, investors and financial institutions could face as much as $2 trillion of losses from bad U.S ... from commercial real estate, credit cards, auto debt and business debt, and Goldman’s loan-loss estimate ... rescued both Merrill and Countrywide without government assistance. Mr. Lewis had also argued [more...]

Date: 2009-01-15 09:02:01


Bank Loan Stats: The Good, The Bad & ........

The Federal Reserve's survey of loan quality for U.S. commercial banks is in. Bottom line, it's still all about residential housing delinquencies and charge-offs, which remain ugly and are killing the banks. Surprisingly to some, credit card delinquencies and losses are holding up reasonably well, [more...]

Date: 2008-11-19 02:12:16


Emergency Cash Loans For Unemployed - No Fear of Emergency

Everybody has to pass through hard days. No one is secure against emergencies ... accident, current shock, sudden broke down the car, home decoration and repair at the time ... the reason of loan taking in your online application form. No matter, if you have bad credit in your past [more...]

Date: 2009-01-15 05:53:55


Bank of America nears govt aid, Citigroup shares drop (Reuters)

WASHINGTON/NEW YORK (Reuters) – Bank of America Corp may receive a $15 billion government infusion to help absorb Merrill Lynch, ... to handle soaring credit losses. Both lenders face mounting pressure from investors that they can manage a surge in bad loans caused by a deep economic recession. The two companies will offer more details [more...]

Date: 2009-01-15 23:32:10


LendingClub.com Could Not Help Me Refinance My Car Loan. – Erik

Rollover USA-401K Rollover to IRA is a post from: Rollover USA-401K Rollover to IRA “Dear Steve, My situation revolves around my car loan. I got my loan back in July 2006, and the interest rate was high, understandably because I had bad credit. Now two and a half years later, it seems that it still is horrible, because NO ONE will refinance me. I tried LendingClub.com (I googled my problem, [more...]

Date: 2009-09-29 19:01:13


Personal Loans for Scary Times

The Excorist and The Texas Chainsaw Massacre combined aren't as scary as the current economy ... consolidation, credit card and personal. Better yet, they offer customers quick, no hassle loan ... , there are no application fees, and they offer nationwide services. If you find yourself in a bad credit [more...]

Date: 2008-10-06 13:40:25


Bank of America nears government aid, Citigroup shares drop (Reuters)

WASHINGTON/NEW YORK (Reuters) – Bank of America Corp is on the cusp of receiving a government infusion to help it absorb Merrill Lynch & Co, ... to handle soaring credit losses. Both banks face mounting pressure from investors who question how well they can absorb an expected tidal wave of loans gone bad in a deep recession. More details [more...]

Date: 2009-01-16 02:26:43


Repossessed Car Owners Shocked After Being Sued By Car Lenders

The latest in reality shows is Operation Repo, a team of “highly paid professionals” in the San Fernando Valley of California who repossess ... $2000. According to the Fair Credit Reporting Act, an auto loan deficiency debt can remain ... a creditor has to take someone to court to enforce a bad debt. Creditors in Rhode Island have ten years [more...]

Date: 2008-12-29 15:51:27


OBAMA’S ‘ORGANIZER’ BUDS PUSHED FOR BAD MORTGAGES

O’S DANGEROUS PALS By STANLEY KURTZ, NY POST Chutzpah: ACORN’s drive to lower mortgage standards paved the way for the meltdown - yet last week, ... banks into making high-risk loans to customers with poor credit. In the name of fairness ... in mortgages to low-credit customers. In other words, community organizers help to undermine [more...]

Date: 2008-10-13 03:22:59


Fast Way to be Free from Debts

.fullpost{display:inline;}Debts are the consequences for people who often take loans as the solution to completing the needs such as cash flows, ... game. No matter if you have good or bad credit record, the debt counseling from this website ... service from companies that offering debt free service such as debt consolidation, you should ask [more...]

Date: 2008-12-24 17:25:00


WaMu Has $3.3 Billion Quarterly Loss

Washington Mutual Inc., the largest in the United States savings and credit, has a $ 3.3 billion in the second quarter, a loss on bad loans as a record number of borrowers unable to make [more...]

Date: 2008-07-22 11:52:44


Lala Land

Blink and you may miss another government bail-out, loan guarantee, federal plan to alleviate a bad or unwise mortgage, a suggestion for more government funds for a more aggrieved constituency, or credit-card relief proposal, etc. All this is said to be smart and necessary, given that we are told that the problem [more...]

Date: 2008-12-16 00:47:41


Secure yourself From Bad Credit

Posted on 11.18.2008 11:18 by Sammys Filed under: Approved payday advance in seconds are absolutely unsecured short-term loans that are granted ... explained to grant the loan and that's it. At the time of your financial emergency it is not a big [more...]

Date: 2008-11-18 11:18:00


The Lending Lunacy Continues as GMAC Gives Out More Bad Loans

This past week the Treasury used $5 billion of funds from the Troubled Asset Relief Program ((TARP)) to purchase senior preferred equity in GMAC, the financing arm of General Motors (GM). GMAC reacted immediately to deploy the funds by lending to new car buyers with credit scores as low as 621 [more...]

Date: 2009-01-01 11:02:24


BABY STEPS TO ‘PEACE-OF-MIND’ FINANCIAL MENTAL HEALTH

BABY STEPS TO ‘PEACE-OF-MIND’ FINANCIAL MENTAL HEALTH January 15th, 2009 No Comments 1) Begin to pay off all revolving credit cards. House mortgage and car loans can be factored into monthly financial obligations. 2) Put your “ ... for what you have. Gratitude can cure cancer and bad attitudes. 5) Ask someone every day, “What can I do for you?” 6) [more...]

Date: 2009-01-15 17:55:16


More Retail Bankruptcies Likely

So just how bad are things? U.S. retail (and food services) sales in December were down by nearly 10% from the previous year. ( ... spending, pressure from suppliers who are tightening credit terms, and loan terms that are proving [more...]

Date: 2009-01-14 10:53:00


Why stop with capping payday loans? Banks are just as bad.

Obviously, banks have better lobbyists than payday lenders, why else can someone who has no problem charging $37 ... than $300, yet, credit card balances can be several thousand dollars. Which is worse, missing a payment on a credit card and having your interest rate go from that low intro rate of 15.9% to 29 [more...]

Date: 2008-06-07 13:02:45


Do it yourself Credit Repair

Do it yourself Credit Repair by Rob Kosberg You found yourself in a very bad financial situation ... . You need to look long and hard at your credit use and spending habits. It doesn’t mean a “debt consolidation,” program or a home equity loan .The word is PLAN. You will start by collecting all your credit [more...]

Date: 2009-01-11 02:41:08


How to get credit moving, UK edition

We've had the SLS, the HM Treasury Credit Guarantee Scheme (CGS) ... the idea of 'bad bank' is being batted around, and is providing support for the share prices of Barclays, HBOS, Lloyds TSB and RBS, industry watchers are sceptical it will get loans to where they are most [more...]

Date: 2009-01-12 16:48:34


Devise your own Credit Repair Plan

by Rob Kosberg You found yourself in a very bad financial situation. You may feel emotional, hopeless, guilty or all of them ... habits. It doesn’t mean a “debt consolidation,” program or a home equity loan .The word is PLAN. You will start by collecting all your credit reports, bill payment statements, and credit card [more...]

Date: 2009-01-14 23:53:58


Mortgage rates slide under 5%

Rates on 30-year fixed-rate loans fell across the country for the week ended Thursday to an average of 4 ... Altman, a partner with WestCal Mortgage Corp. in Orange, said homebuyers with good credit and a 20% down ... brokers; could lay off 100 Bad bank assets must be dealt with, Fed chief says O.C. distressed homes [more...]

Date: 2009-01-15 22:02:07


Consolidate Debt to you Credit Cards

Credit card companies are constantly looking for ways to get more customers ... , these credit card deals can work to your advantage. The Debt Consolidation blog offers insights ... to get a debt consolidation loan with virtually no fees. While this isn’t necessarily a bad strategy, you need [more...]

Date: 2009-01-08 03:01:19


Bad Credit Car Loan Tips

Bad Credit Car Loan Tips Posted By Lauren Thompson on @ 9:09 pm by Ada Denis Most people go through rough financial times ... credit car loans. Start off by knowing what your credit rating is. You are entitled to one free report ... has too many open lines of credit and may fall into a debt trap and be unable to repay his debts. Having [more...]

Date: 2008-11-30 21:09:21


Bad Credit Secured Personal Loans

The possibility of loans, while struggling with a bad credit problems, it's a bit difficult ... and a loan calculator, you can come across lenders offering loans at reasonable rates. These loans ... , sponsorship of the marriage, buying a car, and so forth. In addition, your credit score improves [more...]

Date: 2008-11-23 01:09:37


Benefits of Acquiring Bad Credit Auto Loans through Sub-prime Car Lenders

Amazon.de Widgets The world economic recession has created a different set of dynamics before the lenders and primers. With pink slips and instability in the job market borrowers are finding it hard to maintain regularity in repayment. Unavailability of unsecured loans has also added to their worries. This is no less a turbulent time for lenders too. With increased number of bad credit borrowers they are forced to relax their good credit score while approving new loan plans. [more...]

Date: 2009-09-29 07:45:12


Benefits of Acquiring Bad Credit Auto Loans through Sub-prime Car Lenders

Amazon.de Widgets The world economic recession has created a different set of dynamics before the lenders and primers. With pink slips and instability in the job market borrowers are finding it hard to maintain regularity in repayment. Unavailability of unsecured loans has also added to their worries. This is no less a turbulent time for lenders too. With increased number of bad credit borrowers they are forced to relax their good credit score while approving new loan plans. [more...]

Date: 2009-09-29 07:45:12


What Are Bad Credit Mortgage Loans

What Are Bad Credit Mortgage Loans Posted admin in Uncategorized Comments Off There are lenders out there who give what are referred to as ... specialize in helping you out in this matter, never trust in organizations that promise to erase [more...]

Date: 2009-01-10 13:45:08


bad credit 2nd mortgage

If you are in need of a second mortgage, don’t let bad credit stop you from applying for a loan. Bad credit is a very common problem and lenders have become much more lenient when it comes ... with a bad credit can help you to pay the huge amount of your debt and save extra money for expenditures [more...]

Date: 2009-01-14 04:43:23


Refinancing Auto Loan: Does It Really Make Sense?

by Asem Eltaher A car is a very useful thing to have. However, paying for it is another topic that is not always that easy one. This appears to be true, if you know how many hundreds thousands of people are looking to refinancing auto loan or car refinance loans for bad credit. Normally, the average person gets a beater from one of the buy-here-pay-here places and they spend a small sum for a car that just barely works. Others need a fortune and the only way for these is to get a financial aid. [more...]

Date: 2009-09-26 11:40:59


Bad Credit Repair-The Loan Consolidation Option

By Alphonso Smith Guides to help repair bad credit explaining the various options available in particular the Loan Consolidation Option ... credit” conjure up such negative images, don’t they? That’s because those two little words aren’t exactly what people want associated with them. Especially now a days, when alright credit won’ [more...]

Date: 2008-11-17 20:02:14


Bad credit mortgages

by Mary Bush A bad credit loan mortgage is a way of purchasing a house, even with a poor credit score ... Consolidation News Best Tips to Manage and Eliminate your Credit Card Debt ... interesting residential property acquisition program. No credit is needed, no banks are involved, and most [more...]

Date: 2008-12-22 16:39:25


Badcreditloanshop.com

.fullpost{display:inline;}The most common problem is financial. same financial problems that contribute to this problem in the bad credit loans ... for you to secede from debt in bank and also credit card, requirement of house, health, insurance ... of your family. Eliminates taste is anxious about debt, with bad credit loan of all your requirement [more...]

Date: 2009-01-13 09:47:00


Bad Credit Payday Loans: Meets The Instant Needs Comfortably

If we have been using reduced of finance management during a really consequential juncture, it can be a lot frustrating. Along with it, a past credit problems creates barrier that serve reduces a possibility of availing loans. This credit complaint diminishes your credit and lenders have been not during all meddlesome to suggest any financial assistance. [more...]

Date: 2009-09-29 04:23:53



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