Business briefs (Chicago Sun-Times)
The Fed explains that consumers should take similar action to prevent debit card fraud as they would with a credit card. In addition, consumers need to take steps to guard their PINs when using a debit card. First, consumers should be on guard against thieves trying to get a look at their PIN, as well as snooping by cameras, so that the debit card's PIN is not seen by others. Also, the Fed recommend that the PIN never be written on the debit card, carried with the debit card, or kept in an unprotected location.
Business briefs (Chicago Sun-Times)
Sentinel Management Group Inc., the Northbrook cash-management firm that froze client withdrawals last week and then filed for bankruptcy, was sued by the Securities and Exchange Commission Monday for allegedly lying to investors and misappropriating their assets.
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Risk returns with a vengeance (CNN Money)
For the past five years risk has been the invisible man on Wall Street. Banks, hedge funds, and lenders behaved as if home prices always rise, borrowers never miss a payment, and companies never blunder into bankruptcy.
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08-20-07 EUR ALL ON ONE PAGE (Eurweb)
DR. DRE SUES DEATH ROW OVER RIGHTS TO ‘CHRONIC’ Producer says he owns copyright to his groundbreaking 1992 album.
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Stepchildren must contribute to college education (Southeast Missourian)
Dear Bruce: My stepchildren are a year apart in age. The oldest will begin college in fall 2008. The younger child will begin a year later. Their parents didn't put any money away for college. My...
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High-risk home loans pulled (Scotland on Sunday)
BUYING a home looks set to get tougher for hard-pressed borrowers following upheavals in world stock and bond markets. UK lenders have taken fright at the US mortgage meltdown. Some have pulled out completely, while others have raised their rates.
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High-risk home loans pulled (The Scotsman: Business)
BUYING a home looks set to get tougher for hard-pressed borrowers following upheavals in world stock and bond markets.
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THE INTERNATIONAL FORECASTER (GoldSeek.com)
An international financial, economic, political and social commentary.
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Study shows post-bankruptcy lending trends (The Des Moines Register)
Washington, D.C. — Credit-card companies target people fresh out of bankruptcy with credit offers, a finding that raises questions about the...
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Lenders' ethics fall under scrutiny (The Argus Leader)
Some call it legalized loan-sharking. Others insist it's the only way to ensure all Americans have access to credit.
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Study shows post-bankruptcy lending trends (The Altoona Herald-Mitchellville Index)
Washington, D.C. — Credit-card companies target people fresh out of bankruptcy with credit offers, a finding that raises questions about the industry’s efforts to paint bankruptcy filers as “untrustworthy deadbeats,” according to a recent study.
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Business briefs (Chicago Sun-Times)
Consumers that want to buy their lottery tickets with a credit card will need to check the laws of their state along with any prohibitions listed in their cardmember agreements.
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Card offers flood broke consumers (Florida Today)