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November 3, 2007

2ND UPDATE: Debt Levels Seen Weighing On UK Consumers In 2008


2ND UPDATE: Debt Levels Seen Weighing On UK Consumers In 2008
FXStreet.com - are now taking a harder stance against consumers hoping to agree an IVA, so fewer individuals are able to agree a satisfactory arrangement; and secondly, the large number of consumers suffering under large amounts of unsecured credit card debt in the
Source: www.fxstreet.com

Stocks : The Invisible Hand : An Open Letter to Citigroup CEO Chuck
Smart Money - Once securitized and sold, my credit-card debt will no longer clutter your books, whereas the deposit it finances will increase your capital. At a negative net-interest margin of 5%, that's a bargain I'd say, and not far off the bank's recent
Source: www.smartmoney.com

Home loan blitz continues if your credit is good
Record Searchlight - But others refinance so they can borrow more and spend the extra cash or use it to pay off high-rate credit card debt. The same menu In the current refinancing push, lenders are promoting some of the same exotic products that gained notoriety
Source: www.redding.com

Doing the Math on Critical-Illness Coverage
Insurance News Net - In 2001, there was almost $20,000,000,000 in medical costs billed to Visa cards in the United States, and the credit-card debt for medically indebted families making over $70,000 is 10% higher than that of non-medically indebted families. Many people
Source: www.insurancenewsnet.com

One Easy Way to Lower Your Credit Card Rates
KFSN - It's clear that credit card debt is a big concern for many people here in the Central Valley. Our exclusive Action News poll conducted by SurveyUSA asked more than 300 valley residents about their level of credit card debt. 24% said they had $5k or
Source: abclocal.go.com

AmEx 3Q Profit Beats Expectations
Associated Press - Like mortgages, credit card debt is often packaged and sold as securities on global debt markets. Any spillover from the slumping housing market into consumer credit could hurt both AmEx's business and the overall asset-backed securities market. Red
Source: hosted.ap.org

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