Wait-and-see on interest rates (Stuff)
All this momentum seems to indicate consumers can leave the house with a credit card and never have to even worry about putting cash in their wallets or swinging by an ATM. But some experts suggest that it is too early for consumers to ditch greenbacks altogether.
Wait-and-see on interest rates (Stuff)
The Treasury is taking a "wait-and-see" stance on how bad the fallout on the financial market will get - and the likely impact on interest rates - after the collapse of another finance company.
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Love and Credit Don't Mix (The Motley Fool via Yahoo! News)
There's no arguing that, financially, twosomes have a leg up on their single competition. Couples get price breaks on insurance premiums, save money by splitting the cable and electric bills, and have built-in justification for buying the family-sized bag of Doritos. Scoring the best interest rates on big loans (to buy homes and cars) is more of a snap, too, since dynamic duos have two credit ...
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As credit tightens, foreclosures plague US (AFP via Yahoo! News)
Swamped by rising US mortgage interest rates, hundreds of thousands of home buyers are seeing their homes seized by banks in a wrenching drama behind the financial turmoil rocking markets.
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Bad Credit and Home Refinance (Benton Evening News)
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?
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Hard choice looms over interest rates (The Scotsman: Business)
BANK of England policymakers are likely to face a knife-edge decision on interest rates at their next meeting as strong economic data showed the string of increases may not have had the desired effect.
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Rising rates up NPA risks: Fitch (Business Standard India)
A 30 per cent annual growth in bank credit for the last three years plus hardening interest rates are likely to grow the quantum of non-performing assets (NPAs), according to Fitch Ratings.
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Namibia: Interest Rate Pain May Continue (AllAfrica.com)
The bad news about increasing inflation and interest rates is that there are no signs the pain for consumers is going to end any time soon.
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Bank of England Loaned Money at Penalty Interest Rate (Update6) (Bloomberg.com)
Aug. 21 (Bloomberg) -- The Bank of England loaned money at its penalty interest rate for the first time in a month after the U.S. subprime mortgage crisis made commercial banks more reluctant to extend credit to each other.
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Ahead of the Bell: Interest Rates (AP via Yahoo! Finance)
Even as the chorus begging the Federal Reserve to rescue the debt markets grows louder, Punk Ziegel & Co. analyst Richard X. Bove said the best strategy is to let the crisis run its course.
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Dollar Falls on Speculation Fed Will Reduce Interest Rates (Bloomberg.com)
Aug. 21 (Bloomberg) -- The dollar fell against the euro and yen as traders increased bets the Federal Reserve will reduce its target rate for overnight lending between banks.
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Wait-and-see on interest rates (Stuff)
Younger consumers can be added to an adult's credit card account as an authorized user. For an existing credit card account, the adult will need to contact the issuer and request to have an authorized user added. Alternately, young consumers may be able to get someone older to co-sign a credit card application for them.
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