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Tag Archives: Credit

Bank Card Defaults Soar to Five Year High

Credit cards

Released today, the S&P/Experian Consumer Credit Default Indices showed the largest two-month increase in the rate at which consumers are defaulting on credit card debt since 2010. The bank card default rate increased 15 basis points to 2.99% following an increase of 23 basis points in February, the largest two month increase since April 2010. Slowing retail sales in March, lackluster ...

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Alec Baldwin Hangs Out With OWS Protestors, Shoots New Capital One Ad

If you thought feminine man-boy, Adam Levine, was conflicted (he’s the one that said Fox News is an “effing” evil news channel), then you’ll really get a chuckle out of today’s conflicted celebrity.  It’s our pal, Alec Baldwin.  You know, the Emmy Award winning actor that hangs out with the occupiers of Wall Street.  Here he is giving advice to ...

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ACA of Texas Offers Financial Literacy Tips for Parents

AUSTIN, Texas, Aug. 30, 2011 /PRNewswire-USNewswire/ — With Texas students from kindergarten to college heading back to school, adding financial literacy to your child’s curriculum this fall can teach invaluable skills for today and in the future. “It’s never too early or too late to talk with your kids about personal finances,” said ACA of TexasPresident Jack Fischer. As outlined in USA Today’s special supplement on youth ...

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August 11th 10pm EST on CDNews Radio: Mitchell & Ray – Downgraded, But Not Out

Show Time: Thursday August 4th, 7pm pacific, 8pm Mountain, 9pm Central, 10pm Eastern Tune In: CDNews Radio: Mitchell & Ray Call in: Be part of the program – call in to the show: (424) 220-1807 Guests: Nicole Pearce from Truth About Bills. Show Topics: Join Michelle and Rich as they take your calls on the debate, Iowa GOP debate, the credit ...

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U.S. Takes it on the Chin; Administration Delivers No Plan .. Again

The news that America’s sovereign debt has taken a hit has been the top news story since Friday. But, the nation’s true crisis is that her leaders have decided to fight the downgrade rather than create a strategy to fix the underlying issue: we’re spending more than we make. Pundits and politicians are arguing about whether S&P made the right ...

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Debt and our failing economy

Is the country being led astray once again by those on the Hill that appear to be doing business as usual? The words deficit and downgrade and debt-ceiling almost seem to be synonymous with one another when nothing could be further then the truth. Yet both sides think they are right; they have resorted to high school politics where one ...

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Mortgage Banking Giant Agrees to Pay Homeowner $30,000 as Part of Settlement Agreement

With pending counterclaims of fraud and predatory lending, Deutsche Bank agrees to pay defendant $30,000 and issue a letter to correct credit to settle a New Jersey foreclosure action PHILADELPHIA, June 14, 2011 — Shaffer & Gaier, LLC announced today that its client has agreed to a $30,000 cash settlement with Deutsche Bank in an action filed by the banking ...

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The U.S. Economic News You May Not Have Seen

Much of the last few weeks has concentrated on the difficulties that the over-entitled European economies are now facing.  News reports, like this one at have been careful to also point to Tim Geithner’s comments that, “The U.S. will not be harmed economically by the debt crisis in Europe”.  Mr. Geithner also repeated the Administration mantra that our economy, ...

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