Eye On the Money: Test Your Debt Knowledge
Feb 25, 2010 Object
With the popularity of credit cards, mortgages and car loans, most people can’t avoid being deep in debt at least once in their lives. Are you digging yourself deeper into a debt hole or gradually crawling out? Knowing more about your options and their consequences will help you handle debt better and may get you out sooner. Take our quiz to see how much you really know about debt.
Read the original post:
Eye On the Money: Test Your Debt Knowledge
Tags: a-debt-hole, about-debt-, avoid-being, band, consequences, credit cards, debt-better, list, musicians-love, options, really-know-, what-bands, you-digging, you-guess
How do you clean up an oil spill?
Feb 25, 2010 Object
According to the Associated Press, an oil spill in Northern Italy threatened to contaminate the country’s longest river yesterday, an event that could be ecologically devastating. What are some ways to clean up oil that endangers the environment?
See the original post here:
How do you clean up an oil spill?
Tags: a-debt-hole, associated, band, consequences, country, credit cards, endangers-the, endangers-the-environment, list, longest-river, musicians-love, northern, northern-italy, ontaminate-the-country, really-know-
Earnings Preview: MasterCard Poised for Moderate Growth
Feb 3, 2010 Object
Credit card outfit MasterCard (MA) likely saw a small bump in fee collection in the fourth quarter, which should translate into higher earnings when the company reports earnings on Thursday morning.
Continue reading Earnings Preview: MasterCard Poised for Moderate Growth
Earnings Preview: MasterCard Poised for Moderate Growth originally appeared on DailyFinance on Wed, 03 Feb 2010 18:30:00.
Filed Under: Earnings
View original post here:
Earnings Preview: MasterCard Poised for Moderate Growth
Tags: a-small-bump, card-outfit, credit, credit cards, debit cards, debit-card, earnings-preview, entry, luxury goods, moderate-growth, preview, the-fourth-, translate-into, which-should
Visa Beats Expectations Thanks to Debit Card Strength
Feb 3, 2010 Object
Visa’s (V) domination of debit cards in the U.S. has helped boost its revenue and earnings during an economic downturn when consumers have been reluctant to spend on non-essential purchases.
Continue reading Visa Beats Expectations Thanks to Debit Card Strength
Visa Beats Expectations Thanks to Debit Card Strength originally appeared on DailyFinance on Wed, 03 Feb 2010 18:00:00.
Filed Under: Earnings
Read more here:
Visa Beats Expectations Thanks to Debit Card Strength
Tags: boost-its, credit cards, debit, debit cards, has-helped, have-been, img-vspace, luxury goods, preview, spend-on-non, the-fourth-, translate-into
Obama, Geithner Target Loan Help To Hardest-Hit Communities
Feb 3, 2010 Object
As part of an effort to redirect TARP funds from Wall Street to Main Street, the Treasury Department Wednesday announced a program to provide lower-cost capital to community development financial institutions that serve the communities that have been hardest hit by the recession. Treasury Secretary Tim Geithner believes that without this help, many of those communities could continue to see their local economies spiral downward even after the recovery takes hold elsewhere, because banks would remain hesitant to lend in those areas, according to Obama administration officials.
Continue reading Obama, Geithner Target Loan Help To Hardest-Hit Communities
Obama, Geithner Target Loan Help To Hardest-Hit Communities originally appeared on DailyFinance on Wed, 03 Feb 2010 17:53:00.
The rest is here:
Obama, Geithner Target Loan Help To Hardest-Hit Communities
Tags: because-banks, cdfi, communities, credit cards, credit unions, debit cards, geithner-target, img-vspace, recovery, tarp, the-communities, the-recession, thrift
With Loss Expected at Citi, Investors Look for Signs of Turnaround
Jan 18, 2010 Object
When it comes to Citigroup (C) these days, the outlook is usually glum. Wall Street analysts unanimously expect a loss when the beleaguered global bank reports its results for the fourth quarter and full year on Tuesday. What could raise investors’ spirits, however, is any sign that the complex bank is starting to get its house in order.
Continue reading With Loss Expected at Citi, Investors Look for Signs of Turnaround
With Loss Expected at Citi, Investors Look for Signs of Turnaround originally appeared on DailyFinance on Mon, 18 Jan 2010 14:45:00.
Read the original:
With Loss Expected at Citi, Investors Look for Signs of Turnaround
Tags: bank of america, bankofamerica, beleaguered, computer, credit cards, entry, fourth, investors-look, place-at-the, tuesday-what, vikram pandit, wallstreet, wells-fargo
Consumers’ credit debt falls for ninth straight month
Filed under: Economy
The frugal consumer era continued in October, but belt-tightening lessened somewhat, as outstanding U.S. consumer credit balances fell by $3.51 billion or at a 1.7% annual rate in October to $2.482 trillion — the ninth straight monthly credit decline, the U.S. Federal Reserve announced Monday.
Economists surveyed by Bloomberg News had expected October consumer credit to contract by $8.80 billion. Consumer credit is down 3.6% to compared to a year ago. Also, this month the Fed revised monthly consumer credit data back through March. September’s total debt outstanding was revised higher by $30.6 billion, to $2.486 trillion from the previously-released $2.456 trillion.
Continue reading Consumers’ credit debt falls for ninth straight month
Consumers’ credit debt falls for ninth straight month originally appeared on DailyFinance on Mon, 07 Dec 2009 16:20:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Read the rest here:
Consumers’ credit debt falls for ninth straight month
Tags: 2-482-trillion, 8-80-billion-, a-friend-via, bloomberg-news, credit cards, creditcards, debt, dowjones, federal reserve, frugal-consumer, mortgages, revolvingcredit, standard and poors, standardandpoors
Travel Maze: Hungry in coach? Your cash is no good here. Try plastic
Filed under: Company News, Columns, Economy
Next time you’re flying coach on Delta Airlines (DAL), and you want an almond butter and grape jelly sandwich or a grilled chicken gyro, you’d better have a credit or debt card handy. The jelly sandwich is $4, the gyro $8 — and cash transactions for food will soon be history.
In the wake of the September 11 terror attacks eight years ago, airlines cut their free food service, citing financial woes. We’ve all gotten used to that. But at least they used to take cash. Now they’re increasingly declining to sell food or alcoholic beverages unless you’re carrying plastic.
Continue reading Travel Maze: Hungry in coach? Your cash is no good here. Try plastic
Travel Maze: Hungry in coach? Your cash is no good here. Try plastic originally appeared on DailyFinance on Wed, 18 Nov 2009 14:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Read more:
Travel Maze: Hungry in coach? Your cash is no good here. Try plastic
Tags: alcoholic beverages, coach, credit cards, debitcards, entry, flying-coach, food-service, good-here-, hungry, liquor, news, photography
Advanta files for bankruptcy — more bad news for small-business borrowers
Filed under: Economy
A deep recession isn’t a great time to be in the business of lending to entrepreneurs. First CIT Group had to seek bankruptcy protection last month when it failed to strike a deal with bondholders to rework its debt. And now Advanta (ADVNB), a credit-card company specializing in lending to small-business owners, will follow, it announced today.
The news comes five months after Advanta cut off borrowing by its cardholders, citing a surge in delinquencies. It’s still hoping to collect $2.7 billion in balances from 360,000 customers.
Continue reading Advanta files for bankruptcy — more bad news for small-business borrowers
Advanta files for bankruptcy — more bad news for small-business borrowers originally appeared on DailyFinance on Mon, 09 Nov 2009 16:30:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
More:
Advanta files for bankruptcy — more bad news for small-business borrowers
Tags: a-deal-with, advanta, credit cards, creditcards, goog, google-news, recently-about, seek-bankruptcy, still-hoping
Visa posts 4Q profits on debit card use and cost cuts
Oct 27, 2009 Object
Filed under: Earnings
Visa Inc. on Tuesday posted a profit for its fiscal fourth quarter, reversing a year-ago loss, as cost reductions and growing debit card use made up for a decline in payment volume reflecting consumer spending cutbacks.
The payments processor posted profit of $514 million, or 69 cents per share, on revenue of $1.87 billion. Adjusted for restructuring charges and other items, the company said it earned 74 cents per share.
That compares with a year-ago loss of $356 million, or 45 cents per share, on revenue of $1.71 billion.
Continue reading Visa posts 4Q profits on debit card use and cost cuts
Visa posts 4Q profits on debit card use and cost cuts originally appeared on DailyFinance on Tue, 27 Oct 2009 18:50:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Read more here:
Visa posts 4Q profits on debit card use and cost cuts
Tags: 1-71-billion-, a-friend-via, a-profit-for, cents-per, cost-cuts, cost-reductions, credit cards, debit-card, entry, payment-volume
