Matters in the small business arena may not be back to “good” yet, but there are signs of progress, according to recent data on small business loans. The Thomson Reuters/PayNet Small Business Lending Index, a measure of total U.S. small business financing volume, rose 14 percent in September, a more modest pace than the revised [...]
During the course of our hectic and stress-prone lives, there often comes a time when we need access to crisis funds beyond our current means. It is at this critical juncture that cheap secured personal loans emerge as being a viable value proposition. Like an oxygen tank for a struggling scuba diver, personal loans serve [...]
MoneySense and RBS have recently released figures from a study of over 10,000 teenagers, which showed that many thought that their earnings would be around £16,000 when they leave education. It also showed that they would be expecting an income of as much as £34,000 in their mid twenties and £60,000 in their mid thirties. [...]
After a few years of dramatically tightened lending standards, some banks and credit card companies are starting to reach out again to borrowers with less-than-perfect credit scores. According to data from credit bureau Equifax, new credit card accounts to subprime borrowers, those with a credit score below 660, rose 64 percent in the past year [...]
The best customer for credit card companies is those that do not take any notice on how much they are spending. Nor do they care about the rate of interest they are paying, paying the minimum amount back each month. This is because these people are the ones helping them to make huge profits. It [...]