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Latest Bad Credit Cash Loan news: Capital One profit drops 40 percent on rising loan-loss provision Capital One Financial Corp. said Thursday its second-quarter earnings fell 40 percent due to a sharp increase in its loan-loss provision amid further deterioration in the credit markets. Read more News Source - Long Island Business News Publish date - 12:32:29 07/18/08 IStar: credit market deterioration impacts Q2 earnings IStar Financial Inc , which lends primarily to real estate-related businesses, said it expects to post a second-quarter operating loss, excluding a gain from asset sales, hurt by higher loan loss provisions, mark-to-market impairments and goodwill write-offs. Read more News Source - Reuters via Yahoo! News Publish date - 12:15:38 07/18/08 Card limits can rip credit score Just as Americans grow more reliant on credit cards to help pay monthly bills, they are being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which can then lead to lower credit scores. Read more News Source - Miami Herald Publish date - 20:13:32 07/18/08 Lenders cash in as buyers despair The collection agencies call at least 20 times a day. For a little quiet, Diane McLeod stashes her phone in the dishwasher. But right up until... Read more News Source - Seattle Times Publish date - 07:34:54 07/20/08 Credit crisis has one upside: Americans will have to start saving again The U.S. housing crisis might accomplish what years of parental hectoring couldn't: turning Americans from spenders into savers. Read more News Source - Austin American-Statesman Publish date - 00:05:54 07/20/08 The Repo Man: In Bad Times, He's A Bad Dream Times are good to cash in on the misery of others. As Americans acquire bigger and bigger mortgages and credit card bills, more and more of their debt is going bad. Read more News Source - CBS4 Miami Publish date - 21:04:03 07/15/08 Capital One profits plummet 40% An increase in bad-loan provisions weighs on second-quarter earnings at the financial services firm. Read more News Source - CNN Money Publish date - 21:35:41 07/17/08 Capital One earnings fall in second quarter Capital One Financial Corp. said this week that its second-quarter earnings fell 40 percent due to a sharp increase in its loan-loss provision amid further deterioration in the credit markets. Read more News Source - New Orleans Times-Picayune Publish date - 19:32:29 07/18/08 DANGERS OF DEBT Here are some tips about the dangers of debt: • Know the difference between good and bad debt. Read more News Source - Akron Beacon Journal Publish date - 06:17:27 07/20/08 Real estate: FHA helps new buyers News stories about a mortgage crisis and tightening credit shouldn't keep homebuyers from looking into purchasing, say members of the real estate industry. Read more News Source - Florida Today Publish date - 06:44:26 07/20/08 Avoiding auto loans that backfire on you Skidding sticker prices may have you revving up to buy a new set of wheels, but steering clear of a bad loan is critical. Read more News Source - New York Daily News Publish date - 17:15:59 07/17/08 Emergency plan to dig out of debt It's never too late to turn things around if you feel you're drowning in debt. First and foremost, be committed, says Howard Dvorkin, founder of Consolidated Credit Counseling Services and author of Credit Hell: How to Dig Out of Debt. Read more News Source - Miami Herald Publish date - 20:15:07 07/18/08 Fannie, Freddie clout has deep roots in Washington For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors. Read more News Source - The Palm Beach Post Publish date - 04:13:55 07/20/08 PRIVATE DEBT John Hurley, the governor of the Central Bank, has said the Irish banks are well capitalised and will be able to ride out the current storm. Unfortunately investors are taking a less sanguine view. Read more News Source - Sunday Business Post Publish date - 23:02:23 07/19/08 Behind the financial crisis U.S. consumers and investors are facing a new round of financial jitters in an already downbeat national economy. This month, the stocks of mortgage giants Fannie Mae and Freddie Mac fell on news that they could face a possible government bailout. It's important to the financial markets and the national economy because Fannie Mae and Freddie Mac hold or back more than $5 trillion in mortgages. ... Read more News Source - The Argus Leader Publish date - 07:08:54 07/20/08 | |||
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