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Entries from August 2009

NYQ:BAC:Bank of America Shuns Card Debt Ducks Subprime Label

August 31st, 2009 · No Comments

Bank of America Corp. (NYQ:BAC), saddled with the worst credit-card default rates among its biggest rivals, is shunning the asset-backed securities market it tapped for $13.7 billion last year. JPMorgan Chase & Co., Citigroup Inc. and American E …

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Tags: Credit Cards

Private Student Loans: A Last Resort That’s Too Often Used First

August 31st, 2009 · No Comments

Private student loans are more expensive, riskier, and come with fewer borrower protections than federal student loans. Nevertheless, almost two-thirds of the undergraduates who took out private student loans during the 2007-2008 school year did so without first obtaining the maximum federal loans for which they were qualified. In fact, over a quarter of students who took out private student loans took out no federal loans at all. This is the most dramatic single finding highlighted in “ Priv

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Tags: Credit Cards · Student Loans

Debt Consolidation and Reduction – How You Can Apply These Methods Now Before You Lose Your Shirt

August 31st, 2009 · No Comments

Are you curious about what debt consolidation and reduction can do for you today? Well you won’t know until you click here. Does your money issues keep you tossing and turning at night time? Are you constantly worried about how you’re going to get yourself out of the ridiculous mess you have put yourself in. If [...] Related Articles: Is Debt Consolidation a Good Idea? Use Affordable Debt Consolidation Services Why is debt consolidation a good idea and why you… Is Debt Consolida

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Tags: Credit Cards · Debt Consolidation

Student loan fix will prove costly

August 31st, 2009 · No Comments

“America is teetering on the edge of an $11.6-trillion abyss called the ‘national debt,’ a financial chasm that threatens to swallow our economic future whole. And what are our leaders doing about it? If a bill working its way through Congress is any indication, they’re insisting that they’re pulling us away from doom, while they quietly expand the monstrous hole. The bill is the Student Aid and Fiscal Responsibility Act (SAFRA), the focal point of which is elimination of the Federal Family Educ

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Tags: Credit Cards · Student Loans

Can Debt Consolidation Help Bail You Out?

August 31st, 2009 · No Comments

Have you ever wondered if what you know about debt consolidation is accurate? Consider the following paragraphs and compare what you know to the latest info on unsecured debt consolidation loans. When you are considering any kind of debt consolidation you should weigh up all the benefits and drawbacks before making any sort of decision. While planning on reducing your debt, it’s a good idea to work on budgeting and even saving money. The expert debt consolidation partners can offer to consolid

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Tags: Credit Cards · Debt Consolidation