Latest Bad Credit Loans news:

U.S. Bancorp Profit Falls on Bad Loans, Credit Losses (Update1)
July 15 (Bloomberg) -- U.S. Bancorp , the sixth-largest U.S. bank, said second-quarter earnings slumped 18 percent on rising bad loans. The shares fell 9 percent in early New York trading.
Read more News Source - Bloomberg.com
Publish date - 13:03:24 07/15/08

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Countrywide allegedly OK'd bad loans
Countrywide allegedly OK'd bad loans California officials have expanded a lawsuit against Countrywide Financial Corp.
Read more News Source - Long Beach Press-Telegram
Publish date - 01:26:37 07/18/08

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Freedom struggles with bad loans
Records show it has foreclosed on 10 loans in the past three months totaling $18.9 million, which means that as much as 15 percent of its loan portfolio is now impaired.
Read more News Source - The Sarasota Herald-Tribune
Publish date - 14:50:55 07/18/08

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BB&T earnings fall in 2nd quarter
BB&T announced this week that earnings fell slightly in the second quarter as it set aside more money for bad loans, but the bank fared well in other areas. Earnings were down 6 percent over the year to $428 million, or 78 cents per share. The bank set aside $330 million for credit losses, up from $88 million the year before. Winston-Salem-based BB&T, South Carolina’s third largest based on ...
Read more News Source - The State
Publish date - 04:16:46 07/19/08

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No place left for borrowers to get funds
Credit cards are reaching their limits; home equity loans are hard to get. Where will the money come from?
Read more News Source - The Morning Call
Publish date - 08:06:11 07/20/08

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BOK Financial 2Q profit slides as bad loans mount
Regional financial services company BOK Financial Corp. on Tuesday said its second-quarter profit slid 19 percent as bad loans piled up.
Read more News Source - AP via Yahoo! Finance
Publish date - 20:08:33 07/15/08

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U.S. Bancorp Profit Falls on Bad Loans; Stock Drops (Update3)
July 15 (Bloomberg) -- U.S. Bancorp , Minnesota's biggest bank, said second-quarter earnings slumped 18 percent and predicted bad loans will continue to rise as more customers fall behind on payments. The shares slid as much as 12 percent.
Read more News Source - Bloomberg.com
Publish date - 15:48:13 07/15/08

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In bad economy, life is good for the repo man
FORT LAUDERDALE, Fla. — In a bad economy, fun is often the first casualty.
Read more News Source - The Standard-Times
Publish date - 05:14:58 07/20/08

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JapanToday: Japan News and Discussion ジャパントゥデイ:日本のニュースを英語で読む
The Supreme Court on Friday acquitted three former top executives of the failed Long-Term Credit Bank of Japan, who were indicted for window-dressing the bank’s financial statements to conceal massive bad loans and authorizing illegal dividend payments, overruling the lower courts’ guilty verdict.
Read more News Source - Japan Today
Publish date - 21:32:04 07/18/08

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Bad Credit Score? Here's How to Fix It -- ThirdAge
Bad Credit Score? Here's How to Fix It Building or rebuilding a credit score seems like an impossible task. Young people starting out think they'll never qualify for the best interest rates. Homeowners who may be facing foreclosure think their scores will never recover.
Read more News Source - ThirdAge
Publish date - 06:29:25 07/16/08

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Credit crunch squeezes BOK Financial profits
TULSA — Bad loans and a national credit crisis cut second-quarter profits at Tulsa-based BOK Financial, parent of Oklahoma's largest bank. Net income dipped to $43.7 million, or 65 cents per share, for the three-month period ending June 30 from $53.9 million, or 80 cents per share in the year-ago quarter. Analysts polled by Thomson Financial expected a profit of 69 cents per share. Chief ...
Read more News Source - The Oklahoman
Publish date - 14:57:37 07/17/08

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The College Credit-Card Hustle
Universities and their alumni associations have discovered an unlikely and disturbing source of revenue: Increasingly, they are selling students' personal information to big credit-card companies eager for young customers.
Read more News Source - BusinessWeek Online via Yahoo! News
Publish date - 14:15:38 07/18/08

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U.S. Bancorp profit misses view on credit losses
U.S. Bancorp said on Tuesday mounting credit losses led to a larger-than-expected 18 percent decline in quarterly profit, and that tough economic conditions will cause bad loans to increase further.
Read more News Source - Reuters via Yahoo! News
Publish date - 13:27:11 07/15/08

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Huntington issues new '08 guidance
Huntington Bancshares Inc. said Thursday its second quarter profit rose 12 percent, with gains from its buyout of Sky Financial Group last summer offsetting a rising number of bad loans and other losses related to the credit and stock turmoil.
Read more News Source - Journal & Courier
Publish date - 12:39:30 07/18/08

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Credit card debt edges up with cost of living
Where will the money come from?
Read more News Source - Baltimore Sun
Publish date - 07:33:05 07/20/08

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