Consumers cut back on credit card use once again Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound. Borrowing dropped at an annual rate of $3.6 billion in July, the Federal [...]
FACTBOX-Key political risks to watch in Sri Lanka COLOMBO, Sept 4 (Reuters) – Sri Lanka’s President Mahinda Rajapaksa has attracted enough support from lawmakers to secure a two-thirds majority in parliament, enabling him to change the constitution. Read more on Reuters via Yahoo! Philippines News
The interest charged against a loan is the major factor that makes up the cost of the loan. So, the primary aim of a person planning to take a loan is to save as much money as possible on the interest to be paid to the lender. It is a common experience of many people [...]
Allegiance Bank of North America Announces the Extension of its Private Placement Offering to September 30, 2010 and … BALA CYNWYD, Pa.–(BUSINESS WIRE)–Allegiance Bank of North America (the “Bank”) today announced it has agreed to extend the Private Placement Offering engagement of Cohen & Company Securities, LLC (“Cohen”) (“COHN” – AMEX) from August 30, 2010 [...]
Hallsville ISD owes state $7.3M HALLSVILLE – Hallsville ISD officials are blaming a former employee for failing to make required state payments, leaving the district on the hook for more than $12 million. Read more on The Marshall News Messenger
Rebuilding credit after tough financial times Financial specialist Garry Patterson says one of the first steps in rebuilding credit is getting your credit report and making sure it’s accurate. Read more on KAIT Jonesboro
A secured loan is a preferred financial aid choice of many UK homeowners for meeting their monetary requirements. A secured loan carries a comparatively much lower interest rate as compared to an unsecured loan that enables the homeowners save hundreds of pounds on the interest to be paid. What makes the lender offer such [...]
World’s Biggest Banking Black Hole in Ireland Ireland Must Carry Out Europe’s Most Ambitious Bank Bailout Program at Time of Rising Deficits and Welfare Lines Read more on CBS News
Vertis Holdings Announces Important Updates Regarding Its Previously Announced Refinancing Transactions BALTIMORE–(BUSINESS WIRE)–Vertis Holdings, Inc. (“Holdings”) announced today several important updates regarding its previously announced comprehensive refinancing (the “Refinancing Transactions”) of substantially all of its principal operating subsidiary Vertis, Inc.’s (“Vertis”) outstanding secured and unsecured indebtedness. The purpose of the Refinancing Transactions is to reduce [...]
You can’t always count on the Bank of Mum and Dad While the Bank of England continues to prop up the economy, another equally venerable and long-suffering bank is helping to keep the housing market on its feet. It has more branches across Britain than any other bank and no shortage of customers wanting to [...]