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February 28, 2007

HBOS cautious on lending


HBOS cautious on lending
Marketwatch - The bank, however, also reported a dip in its net interest margin and said it remains cautious about bad debts in the unsecured lending market — including personal loans and credit cards — helping send its stock lower.
Source: www.marketwatch.com

Credit criticism
Kane County Chronicle - A corporation should show some sense of obligation to the society that supports it and a willingness to uphold that society s laws. Bank of America shows no such responsibility with its plan to issue credit cards to illegal immigrants. The bank
Source: www.kcchronicle.com

Speak out on illegals
Long Beach Press-Telegram - Bank of America, the second largest financial institution in the country, has begun offering credit cards to customers who don't have Social Security cards, which means they probably are in the U.S. illegally. Critics say the bank is breaking
Source: www.presstelegram.com

Bank Of America CEO: Card Controversy Not Hurting Profits
Beurs.nl - NEW YORK -(Dow Jones)- Bank of America Corp. (BAC) executives said the recent controversy over it offering credit cards to undocumented immigrants isn't hurting company profits, even though it has prompted some customers to close their credit-card
Source: www.beurs.nl

Is Your Credit Habit Risking House and Home?
Motley Fool - learning experience that may be lost if it looks too easy to wipe out credit card debt with a home equity loan. It could take you much longer to pay back your accumulated debt if you move it to a home equity loan than if you attack your credit cards
Source: www.fool.com

Small loans can have big impact for entrepreneurs
Vancouver Sun - n Andrew Bruce, a man with no credit history because he had never borrowed from a bank or used credit cards, who combined skills learned from a government self-employment program and experience in the food service industry, to win a Vancity micro
Source: www.canada.com

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