Video: Are small business credit cards worth it?

Small business credit cards generally have higher credit limits, richer rewards and better tracking systems, but they don't offer the same protections as consumer credit cards. Sumi Das from CBS Moneywatch.com has the details.

Calif. and NY considering foreclosure-abuse deal (AP)

AP - California and New York were considering Monday whether to join most other states in backing a long-awaited settlement with banks over foreclosure abuses. The deal would require the five largest mortgage lenders to reduce loans for about 1 million households.

Mortgage relief: Partial plan better than none

The architects of the joint state-federal mortgage releief plan believe it would be better for homeowners to get a partial deal than nothing at all, according to sources.

Bayern's Hoeness reveals Dortmund loan

With Borussia Dortmund and Bayern Munich battling it out for top spot in the German league title race, Bayern's Uli Hoeness has revealed they loaned Dortmund two million euros to help save their rivals from bankruptcy.

Student loans: Hit a bull's-eye with your FASFA

If you have a child headed off to college this fall, you've got an important item on your to-do list: the Free Application for Federal Student Aid (FAFSA), which you can submit as early as Jan. 1.

Student loans FASFA

If you have a child headed off to college this fall, you've got an important item on your to-do list: the Free Application for Federal Student Aid (FAFSA), which you can submit as early as Jan. 1.The number ...

Credit Suisse Senior Bankers’ Compensation Said to Drop by 30%

Credit Suisse Group AG, the second- biggest bank in Switzerland, told senior investment bankers that compensation for 2011 will be 30 percent lower on average than the previous year, four people briefed the discussions said.

Credit Cards For Kids

Giving your child a credit card can be an important lesson in money management.

California may join multi-state mortgage settlement

California has until Monday to share in a multi-state deal with banks to obtain mortgage relief and reforms. Atty. Gen. Kamala Harris, who walked away from talks last year, says the door remains open. With a Monday deadline at hand, California officials have resumed direct talks with the Obama administration about joining a multibillion-dollar, multi-state mortgage settlement with the nation's ...

What The Mortgage Relief Plan Would Do For Homeowners

After more than a year of wrangling over various mortgage relief proposals, influential state leaders seem close to adopting a plan that Pres. Obama announced Feb. 1. Attorney General Eric T. Schneiderman of New York and California’s attorney general, Kamala Harris have indicated they are closer to agreement than in the past.

7 Costly Credit Card Mistakes

Those who don’t use plastic responsibly end up with a mountain of debt.

FAFSA Much Less Painful Than Subprime School Loans

CHICAGO - If you're not intimately familiar with the terrifying phrase "February is ...

Fidelity Nat'l to buy O'Charley's restaurant chain (AP)

AP - A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O'Charley's Inc., the companies announced Monday.

Credit Agricole – CIB Announces Three New Senior Executive Appointments

Crédit Agricole Corporate and Investment Bank, Crédit Agricole Group’s corporate and investment banking arm, today announced three new senior executive appointments.

Navigant Credit Union Selects Acumen from Fiserv

Fiserv, Inc. , a leading global provider of financial services technology solutions and the largest provider of business-driven technology solutions for credit unions, announced today that Navigant Credit Union, headquartered in Smithfield, R.I., has chosen the Acumen® account processing solution from Fiserv with ASP delivery, as well as several integrated solutions from Fiserv.

Danish Credit Crunch Deepens as Firms Face Vicious Circle

Denmark’s credit crunch is getting worse as businesses accuse banks of withholding funds and the financial regulator warns that deteriorating asset quality may put more lenders out of business.

"Hidden" mortgage fee paying for payroll tax cut

New home buyers left holding the bag for two-month extension of payroll tax cuts, exclusive CBS News investigation finds

Research and Markets: What Consumers Want: Mortgages and Personal Loans in Canada 2011 Contain Essential Product and ...

Research and Markets has announced the addition of the "What Consumers Want: Mortgages and Personal Loans in C

JPMorgan, BofA Sued by New York Over Use of Mortgage Database

JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. were sued by New York Attorney General Eric Schneiderman over the use of a mortgage database that the state said led to improper foreclosures.

Borrowers 'shunning credit cards'

Demand for credit cards is "feeling the strain" as UK borrowers turn to other forms of finance, a report suggests.

Credit card rates rise for rewards cards

January 31, 2012

Citigroup Obtains Approval For Credit Card Business in China

Citigroup Inc. (C) said Monday it will issue credit cards on its own in China, as it looks to capitalize on the country's increasing consumption power as well as expand in the world's second-largest economy.

New truck loan means big debt

Q. I have two credit cards each at 13.99 percent, totaling $9,100 of debt. I also own my truck outright. It is valued at $11,000. I make $400 in total payments to my credit cards per month. My idea is to sell my truck, pay off the credit cards and buy a used vehicle for around $15,000. This would be lower than what I currently pay to my credit cards. I understand this will increase my total debt ...

Exillon Energy Plc - Loan Facility

Exillon Energy plc Loan Facility 6th February 2012 Exillon Energy plc ("Exillon Energy") (EXI.LN), an independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora ...

Ackermann Shunned ECB Loans for Reputation

Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.

China Limits Mortgage Loans for Foreigners, NDRC Says

China will limit mortgage loans for home purchases by foreigners to stem overseas investment in its property market as part of efforts to cool prices.

Westpac loan customers still waiting

The bank promised to pass on two pre-Christmas interest cuts. But customers are still paying more.

Same Day Payday Loan Introduces New “How it Works” Resource

Site Update Breaks Down the Cash Loan Process for New Borrowers(PRWEB) February 05, 2012 Same Day Payday Loan announces its new “How it Works” page to assist new borrowers through every step of the online payday loan process. Consumers are facing financial hardships today more than ever. This is why Same Day Payday Loan has designed an instructional page: to help those who are experiencing the ...

Demand for loans still strong - BSP

MANILA, Philippines - Strong demand for loans from enterprises and households has been sustained amid the low interest rate regime despite the economic slowdown last year, brought about by the weak global trade as well as the cautious spending by the Aquino administration, the Bangko Sentral ng Pilipinas (BSP) reported over the weekend.

Reverse mortgage may be best option for elderly homeowner

A reverse mortgage would enable an 82-year-old woman who needs cash to tap the substantial equity in her home. Dear Liz: My healthy and active 82-year-old mother is faced with having to sell her home this year because she's running out of money. She has lived a very minimal lifestyle for many years as her savings dwindled, and her income is now basically Social Security. She owes $25,000 on a ...

TexasLending.com to Discuss Home Loan Options on Radio KLIF in Dallas, Texas

TexasLending.com to Discuss Home Loan Options on Radio KLIF in Dallas, Texas CEO and president of TexasLending.com, Kevin Miller, and his co-hosts will discuss the various home loan options available from TexasLending.com including refinance loans, home equity loans, home purchase loans, reverse mortgages and FHA loans on The TexasLending.com Mortgage Hour weekend radio show on KLIF AM radio in ...

CloptonCapital.com Commits Their Commercial Loan Website to Exist Until 2020

CloptonCapital.com Commits Their Commercial Loan Website to Exist Until 2020 The firm wants to assure it's current clients that they will always operate as a broker and not a sales lead aggregate business or a captive representative of a sole lender. [...] renewing a domain until the year 2020 isn't exceptionally expensive or drastic, but they very fact that we would think to do such a thing ...

Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz

Mortgage Rates New Record Low Attracts Attention From Consumers According To BurlingtonMortgage.biz Home mortgage rates have set yet another record, dropping to new lows for 30 year fixed, 15 year fixed, and 5 year ARM home loans, according to mortgage rate research website, BurlingtonMortgage.biz. "Around the holidays refinancing or buying a home just isn't on most people's radars" explains Nat ...

Mortgage Tornado Warning, Unheeded

Inspired by a personal experience, a businessman became an unlikely sleuth into the practices of the mortgage industry, including Fannie Mae — and his findings have been prescient.

CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites with Security America Mortgage, Inc ...

CEO, Garret Puckett, Proudly Announces the Recently Launched VA Loan Websites with Security America Mortgage, Inc., for Veterans Relocating to North Carolina Garret Puckett, the CEO of Security America Mortgage, Inc. Proudly Announced the New Release of VA Loan State Specific Websites for Veterans Purchasing a Home in North Carolina, Texas, Florida, Louisiana, Colorado, California, Arkansas, and ...

Ackermann Shunned ECB Loans on Reputation Risk for Deutsche Bank

Deutsche Bank AG shunned the three- year loans the European Central Bank offered to banks in December on concern taking the funds could damage its reputation with customers, said Chief Executive Officer Josef Ackermann.

New York sues banks over electronic mortgage system (Reuters)

Reuters - New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices.

NY's Schneiderman sues banks in foreclosure effort (AP)

AP - New York's attorney general on Friday accused some of the nation's largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures.

Goldman to face mortgage debt class-action lawsuit (Reuters)

Reuters - Goldman Sachs Group Inc was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender.

If Japan Is Our Worst-Case Scenario, We're All Right (The Motley Fool)

The Motley Fool - In 1991, former MIT dean Lester Thurow wrote that "If one looks at the last 20 years, Japan would have to be considered the betting favorite to win the economy honors of owning the 21st century."