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Credit Squeeze Literally Hits Home As Card Limits, Equity Lines Pared - San Diego Union-tribune
the credit crunch buckling wall street and the world economy used to seem like distant thunder. but more and more san diegans are feeling the vibrations where they live. it's the letter that arrives in the mail from mastercard, announcing a cut in ...
www.signonsandiego.com

The Glum Old Usa
america is sullen, resentful, angry and very frightened. after monday's $us1 trillion ($1.3 trillion) sharemarket crash, the nightly news has filled with anecdotal evidence of the sclerosis paralysing the american economy: businesses denied credit, car dealerships teetering, mortgages out of reach.
boorowa.yourguide.com.au

Why Car Title Loans Are A Bad Idea
cash advances are not a new concept in america's brand of capitalism. many people have seen the commercials with some guy barking out, "bad credit, no credit, no problem!" or, "don't worry about credit, i own the bank!"
www.cnn.com

Credit Crisis Adds To Pressures On Auto Dealers - International Herald Tribune
new york : hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs ...
www.iht.com

Is The Era Of Easy Credit Over For The Long Haul? - News-democrat
an inflatable gorilla beckoned from the roof of don brown chevrolet in st. louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels. but sitting ...
www.bnd.com

Is The Era Of Easy Credit Over For The Long Haul?
is the era of easy credit over for the long haul? an inflatable gorilla beckoned from the roof of don brown chevrolet in st. louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels.
www.myfoxlakecharles.com

Bank Of America Cuts Prime Lending Rate To 4.5 Pct
bank of america corp. said wednesday it is cutting its prime lending rate to 4.5 percent from 5 percent effective immediately.
biz.yahoo.com

Some Mortgage Relief For Local Residents - Seattle Post Intelligencer
she fell behind on her payments last year after a car accident made it hard for her to work, and her brother's death brought flight and funeral expenses. gaston said she called countrywide financial corp. 19 times between may and august, trying to ...
seattlepi.nwsource.com

Bank Of America Settles Lawsuit Over Bad Mortgages - Ktiv
a western iowa woman lead authorities on a chase along interstate-29, which ended with the suspect rolling her car near canton, south dakota. springfield, ill. (ap) - a bank of america corporation subsidiary is agreeing to modify tens of thousands of ...
www.ktiv.com

America In 'v' Recession According To Mit Professor
america is in a ?v? recession, a massachusetts institute of technology professor said thursday, meaning that the economy will face a sharp drop followed by a quick rise. lester thurow, who teaches management and economics at mit, told a packed gallagher business building audience that while americans may suffer during the drop, most of the impact will be felt in the rest of the world. ?when you ...
www.cbsnews.com

Bank Of America Cuts Prime Lending Rate To 4.5 Pct
(ap:charlotte, n.c.) bank of america corp. said wednesday it is cutting its prime lending rate to 4.5 percent from 5 percent effective immediately. the rate cut is effective for bank of america and lasalle bank, which bank of america acquired last year.
news.ino.com

Europe Struggles With Unified Crisis Response - Msnbc
global markets voted on america's $700 billion bailout plan monday, and if market indices are a benchmark, there was widespread pessimism. ned colt reports from london. european governments struggled to find a coordinated response to the crisis ...
www.msnbc.msn.com

Budgets Stretched More Every Month - Delaware Online
her 2000 hyundai accent has more than 100,000 miles on it, and she just had it in the shop because it wouldn't go in reverse. she knows it's time to replace it. at the same time, wertz, 28, wants to move out of her grandmother's house, where she ...
www.delawareonline.com

A Scramble To Unlock Bank Lending
america runs on credit.
news.yahoo.com

Regions Cancels Auto Dealer Loan Program
a bank with a large presence in east tennessee has stopped outsourcing its auto loan process to car dealers. birmingham, ala.-based regions financial corp. has eliminated loan programs offered to at least 2,600 dealerships across the nation, in which dealerships pre-authorized loans from the bank, according to published reports.
knoxnews.com

A Monkey's View Of The Wall Street Meltdown - Chicago Sun-times
the third fiscal quarter has skulked into history, leaving a scar on the american mind. with wall street gripped to its guccis by crisis, i was anxious to get the viewpoint of mr. adam monk, sun-times-affiliated monkey, master of the markets and ...
www.suntimes.com

Credit Crunch: A Sickness In The Heart Of Britain - Guardian Unlimited
credit crunch: a sickness in the heart of britain it started with distant banks and poor homeowners in america. but now the financial turmoil that has raced around the world threatens to inflict a deep recession on britain. lives will change as jobs ...
www.guardian.co.uk

1977 Lending Measure Not To Blame For Crisis
i was raised by a grandmother who had to assign blame when anything went wrong. for big mama, there were never any accidents. when i got into a car crash while driving her to a doctor's appointment, she blamed me. never mind that it was the other driver who failed to yield the right of way.
www.miamiherald.com

Capital One Ends Financing Of N.y., N.j. Car Dealers (update2)
oct. 10 (bloomberg) -- capital one financial corp. , the lender that raised $200 million in september to cover future losses, said it will end financing of auto dealers' inventories in new jersey and new york later this month.
www.bloomberg.com

Brazil Scraps Bond Sale As Real Sinks To Two-year Low (update4) - Bloomberg
oct. 7 (bloomberg) -- brazil canceled a local bond sale for the first time in seven months, a sign the global credit crisis is beginning to squeeze the finances of latin american countries. the treasury shelved an auction of inflation-linked bonds ...
www.bloomberg.com