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Owner's Foreclosure Scam Bad Idea - Chicago Tribune
q : i know someone who has qualified to obtain a second house by stating that he will rent his first house; however, he has no intentions of actually renting it. upon obtaining the new house, he plans to walk away from the first house, letting it go ...
www.chicagotribune.com

Bad Credit-card Debt Could Be Next Shot To Rip Through Economy
bad credit-card debt could be next shot to rip through economy
feeds.foxbusiness.com

Credit Tightens In Midlands
businesses and shoppers find it harder to get loans mark lambright, owner of make it new in columbia, could use a small business loan to help his furniture refinishing business make it through hard times. but he declared bankruptcy in the mid-1990s and can’t find a bank willing to give him a line of credit to buy fabrics and paints. “there’s not a lot of room for the average person,” lambright ...
www.thestate.com

Back To Sensible Basics On Credit - Detroit News
tell me, i asked our local mortgage banker thursday, what's really going on out there. "we're doing great," replied bill white, president of dearborn federal savings bank. "we have the highest capital percentage of any bank in michigan. we're lending ...
www.detnews.com

Editor's Intro: - Cnbc
call it the mortgage mess, the housing slump or the credit crunch. in any case, it's been a one-of-a-kind financial crisis, whose tentacles reach far and wide. people are losing their jobs, homes—or both. managing one's credit and debt has become a ...
www.cnbc.com

Advice From The Experts: Get A Better Mortgage
jason barry of interstate mortgage, real estate and financial solutions, has comprehensive advice on the real estate market. mortgages-how to renegotiate your existing mortgage, what is the best mortgage to get right now and is your government loan safe?
www.abc15.com

Credit Unions Still Loaning Money, Despite Economy
arizona credit unions hope consumers who are seeking loans will think of them as an alternative to banks. scott earl, president of the arizona credit union league, said it has not become tougher to get a loan from a credit union during these bad economic times.
news.ktar.com

One Last Thing: Where Do We Go From Here? - Philadelphia Inquirer
the first three weeks of the financial crisis were no time for recriminations - so important was it to focus on passing a bailout plan to keep the credit markets from seizing up. well, the first bailout proposal died in the house, the executives who ...
www.philly.com

Pessimism Prevails - Baltimore Sun
new york - pessimism about a protracted economic downturn washed over the financial markets yesterday, sending stocks plunging and further tightening the credit markets. reports on declining factory orders and a seven-year high in jobless claims ...
www.baltimoresun.com

Britain Nationalizes Struggling Mortgage Lender Bradford & Bingley
the british government is nationalizing troubled mortgage lender bradford & bingley, the treasury confirmed monday, taking over the bank's $91 billion mortgage and loan books as turmoil from the u.s. credit crisis spread across europe.
www.usatoday.com

Students Try To Make Sense Of Credit Woes
easy credit was flowing from the dancing dollar bank yesterday to finance a variety of small business loans, even though bank officials said the loose loan standards raised concerns.
www.dispatch.com

Bailout Gains Key Converts In House - Detroit News
washington -- a wave of house converts jumped aboard the $700 billion financial industry bailout thursday on the eve of a make-or-break second vote, as lawmakers responded to an awakening among voters to the pain ahead of them if stability isn't ...
www.detnews.com

Key Is To Pay Bills On Time - Baltimore Sun
a good credit score matters a lot now if you're in the market for a home loan and don't want a 10 percent interest rate. lenders are much, much pickier than they were before being hit by the foreclosure wave. two years ago, a 620 fico score was ...
www.baltimoresun.com

Bad Credit-card Debt Could Be Next Shot To Rip Through Economy
credit-card debt is on the brink of imploding and will be the next storm to hit the fragile finance industry, an investment research firm predicted this week.
www.marketwatch.com

Aig May Need To Sell More Units To Repay U.s. Loan (update2)
oct. 2 (bloomberg) -- american international group inc. head edward liddy , who promised investors a smaller, nimbler company after selling units to repay an $85 billion u.s. loan, has shareholders wondering if there will be anything left to run.
www.bloomberg.com

Consumers Take More Control Of Their Money As Credit Crunch Bites - Herald
debt-ridden consumers are taking control of their money and facing up to difficult financial times, according to new research. statistics from mintel reveal that one-in-five sub-prime borrowers will be concentrating on improving their credit rating ...
www.theherald.co.uk

Everyone Gets Mortgage Rate Of 5.25 Percent? I Don't Think So - Cnbc
two very well-respected columbia university business types are floating a plan today in the op-ed pages of the wall street journal that they claim will fix the housing market and the greater economy. i agree with them that housing is at the heart of ...
www.cnbc.com

Book Review: 'chain Of Blame' Brings Subprime Mess To Life
in chain of blame, authors paul muolo and mathew padilla, both seasoned financial journalists, skillfully lead readers through the quagmire of what went wrong inside the nation's subprime-lending firms that led to the current mortgage and credit crises.
www.usatoday.com

Savvy Consumer: Clean Up Your Credit While You Still Can
if nothing else, the recent credit crunch means one thing to all consumers: credit scores are more important than ever.
www.star-telegram.com

Mortgage Loans May Get Harder To Find - Montgomery Advertiser
it's the american dream, to own a home. but the credit crisis, even with a government rescue plan, is going to make it harder for the average person to buy a house, economists in alabama agree. just how hard, though, is anybody's guess. and already ...
www.montgomeryadvertiser.com