May 20th, 2012
How much can a bad credit score cost you?
According to consumer credit expert John Ulzheimer, from SmartCredit.com, the most sobering results of the survey are: Fewer than half (44%) understand that a credit score typically measures risk of not repaying loans rather than amount of debt (22%), …
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Maintain healthy credit history to avail of better loan terms
MUMBAI: The benefits of a good credit history and score are often bandied about by credit information companies and lending institutions. However, loan-seekers complain that while banks decide on extending or denying loans to individuals on the basis …
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Banks in U.S. Sold More Europe-Debt Insurance as Risks Rose
(Updates with increase in default-swap sales in eighth paragraph and rise in Spanish banks' bad loans in the 18th.) May 18 (Bloomberg) — US banks increased sales of protection against credit losses to holders of Greek, Portuguese, Irish, …
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May 20th, 2012
Solar Energy Securitization on the Horizon as Industry Players Look for New ...
The recent US residential housing and mortgage market collapse gave securitization a bad name, but the practice of aggregating and dicing up residential solar PV system leases and commercial solar power purchase agreements (PPAs) is bound to play a Read More...
Tags: ..., Energy, horizon, industry, look, Players, Securitization, Solar
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May 19th, 2012
Dwyane Wade breakout coming in Game 4? Pacers bracing for it
Granger is not primarily responsible for guarding Wade, but still, he got together with an assistant coach and watched more video of Wade, marveling at the ease with which he scored on the Pacers' defense. These weren't videos of the previous three Read More...
Tags: Credit, Latest, News, Score
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May 19th, 2012
PricewaterhouseCoopers | PwC: Personal insolvencies rise this quarter but ...
“Unsecured borrowing is continuing to fall and the number of credit cards in circulation has decreased with the consumer credit market contracting. This may not be solely attributable to cautious consumers paying off debt but could be a sign that the Read More...
Tags: Cards, Credit, Latest, News, Unsecured
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May 19th, 2012
Treasuries Slide as Economy Optimism Saps Haven-Asset Demand
Ten-year note yields climbed from a seven-month low as US builders broke ground on more homes than forecast in April and industrial production climbed more than projected, propelled by gains in auto manufacturing and utility use.
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India's ICICI Bank eyes growth after strong Q4
ICICI expects its domestic loans to grow 20 percent in the year that began in April from 17 percent last year, driven by demand from companies for working capital, home and car loans, Chief Executive Chanda Kochhar told reporters Read More...
Tags: Demand, economy, HavenAsset, Optimism, Saps, Slide, Treasuries
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May 19th, 2012
Dalio's World
That causes credit to decline. Printing money typically happens when interest rates are close to zero, because you can't lower interest rates any more. Central banks create money, essentially, and buy the assets that put money in the system for a ...
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May 19th, 2012
Can Poor People Open a Swiss Bank Account?
BY URI FRIEDMAN | MAY 2, 2012 In launching a new attack ad that dismisses Republican presidential candidate Mitt Romney as a "guy who had a Swiss bank account," the Obama campaign has once again thrust the debate over offshore banking into US political Read More...
Tags: Account, Bank, open, People, Poor, Swiss
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May 18th, 2012
For Volcker rule, JPMorgan's billion loss says it all
The bank said the losses resulted from errors, sloppiness and bad judgment, which top bank executives didn't know about or understand until it was too late. On Wall Street and around the globe, JPMorgan was a standard-setter for risk management Read More...
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May 18th, 2012
The Top 5 Credit Cards for Booking Summer Travel, From the Experts at ...
SEATTLE, May 7, 2012 (GlobeNewswire via COMTEX) -- If you're about to book summer travel, don't forget to take advantage of travel rewards credit cards offering money-saving perks such as lucrative sign-up bonuses, no annual fees, and ways to easily Read More...
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May 18th, 2012
Financial tips for new graduates
Compiled with this debt are the potential expenses of job searching, moving, a professional wardrobe and a new car or bus pass. But receiving that first paycheck - and subsequent paychecks - can lead to bad financial management if not properly handled, ...
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