Archive for May, 2009

Bill would expand Calif. new home tax credit funds (Reuters via Yahoo! News)

Thursday, May 14th, 2009

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The California Building Industry Association, a trade group, said on Wednesday legislation has been introduced that would triple the amount of funding for the state’s $10,000 tax credit on new home purchases.


Credit Agricole First-Quarter Net Falls 77% on Loan Provisions (Bloomberg)

May 14 (Bloomberg) — Credit Agricole SA, Frances second- largest bank, said first-quarter profit declined 77 percent as risky-loan provisions rose and its Greek unit posted losses.


MGM Mirage amends credit facility, plans offering (Reuters via Yahoo! News)

MGM Mirage said on Wednesday that it had amended its senior credit facility, allowing the casino operator to offer up to $2.5 billion in stock and debt, and its shares fell 15 percent.

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The Real Problem with Credit Cards: The Cardholders (Time Magazine)

Tuesday, May 12th, 2009

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To fix the problem of excessive credit-card debt, Congress needs to consider more than credit-card issuers — it needs to consider you

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Independent advice debt consolidation

Friday, May 8th, 2009

Independent advice debt consolidation
Independent advice debt consolidation is through a company that is not linked with a lender. In most cases the independent advice debt consolidation is going to come through a nonprofit organization or a place you have found online that offers questions and answers, or an article about debt consolidation and some things you can do to help stay away from bankruptcy. To find independent advice debt consolidation you can look in a variety of different places. You can call your lawyer, account, look for flyers around town, or go online. Online you will find many independent advice debt consolidation places that offer you free advice. The idea behind independent advice debt consolidation is to provide the consumer with information that will give them better data to make a decision regarding the obtaining of a debt consolidation loan. When you search for independent advice debt consolidation you need to be aware of the pitfalls that you may find. First not all independent advice debt consolidation businesses are going to offer the best advice. You will also find that there are scams running rampant on the internet. Your best weapon is going to be the research you can do. Keep in mind that with any independent advice debt consolidation you seek you should never allow for personal information such as social security numbers or home addresses to be given out. The independent advice debt consolidation company will need to see your financial status to help you with advice. In other words it is best to look at a spread sheet of the debts you have, other monthly expenses, and your income so that the independent advice debt consolidation analyst can make the most beneficial suggestions regarding your situation. Keep in mind that some of the independent advice debt consolidation places will just allow you to ask a question. In a forum style the independent advice debt consolidation businesses that just allow for questions over seeing your actual financial data, may offer you more comfort. This way you keep all data personal and still get the answer to your question. In most cases a hypothetical situation should be outlined for the person giving the advice and then you can ask the question. Of course to you the situation doesn’t have to be hypothetical, but the advice analyst doesn’t need to know that. The idea is to get the information you need with sound advice.

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