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Prepaid and Secured Credit Cards News
Securities Lending Is Being Squeezed
Wednesday Oct 1, 2008
Public pension funds and other other big investors used to lending stock held in their portfolios to short-sellers are feeling the squeeze of the credit crunch. The collapse of major financial institutions has set off new hardships for the securities-lending business.
Even the Rich Get Home-Equity Yanked
Thursday Aug 7, 2008
Morgan Stanley is reducing home equity loans for a lot of clients, reflecting the dropping value of many homes. Other lenders are following suit as home prices continue to fall. Read more about it here.
Your credit cards may be at war with your financial well-being
Monday Jul 28, 2008
Using a credit card in difficult financial times is tricky. You're strapped for cash, but you need to pay bills, groceries, gas, etc. This MarketWatch article sheds some humanity on credit card use.
Four tips to help you qualify for a mortgage today
Wednesday Jul 23, 2008
Having trouble qualifying for a mortgage? Put your worries to rest, and use these four tips to boost your chances. The markets may have hoards of people cringing, but that doesn't mean you can't find the mortgage you need.
Be Wary of Bouncing Bank Stocks
Tuesday Jul 22, 2008
Bank stocks are all over the place, and it looks like the road ahead will be bumpy for a while. Find out what's been going on, who's been suffering and who's been profiting with the help of this article.
House Call
Monday Jul 14, 2008
The credit crisis still needs mending, but the Fed is doing the best it can. New plans are evolving, like a foreclosure-aid plan, but it may be a while before the problem is solved. Find out what's in store for the future in this article.
Keep Your Money Safe
Monday Jul 14, 2008
After the $1.3 billion run on IndyMac, it's time depositors learned a thing or two about how to deal with deposits over $100,000. This article ought to do the trick, because heaven knows, collapses like that shouldn't happen again.
WaMu Says It's Well-Capitalized
Monday Jul 14, 2008
Banks hate being questioned about their credit worthiness, but with the housing market in a funk and the credit crisis still lingering, sometimes it's necessary to ask questions. See the article below for more info.
U.S. Bolsters Fannie, Freddie
Monday Jul 14, 2008
Fannie Mae and Freddie Mac might have been in hot water, but the U.S. Treasury and the Fed have swooped in for a timely rescue. See what kind of plan their hashing out to keep the lenders afloat.
Paulson's Message to Markets: We Care
Monday Jul 14, 2008
Treasury Secretary Henry Paulson promised support to mortgage-giants Fannie Mae and Freddie Mac after investor turmoil. So what happens next? This article outlines it all.
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