Consumers Use Personal Loans as G-8 Nations Brace for Recovery
Will the G-8 Solve the Economic Crisis?
Consumers are still looking to personal loans for financial aid as the world recovers from the recession. Later this week, the G-8 nations are gathering to discuss the economic recovery. Despite anticipating change, they warn that it is too soon to announce the end [...]
JPMorgan Chase Says it Can Pay Back Treasury
Bank’s profit falls 10 percent
JPMorgan Chase & Co posted a lower profit this quarter than it did a year ago. Nonetheless, it says it will pay back $25 billion in TARP funds as soon as possible. Though it posted a profit loss, it wasn’t as big a drop as analysts [...]
Buying IBonds Online | Free, Easy, Convenient
A solid investment
IBonds are U.S. Treasury bonds with interest rates that are adjusted for inflation. They are engineered to make sure you always make a real profit, so they never lose value. The interest rate on IBonds right now is 5.64 percent, much higher than a traditional savings account.
So where [...]
IBonds A Low-Risk, Profitable Investment | Part One
U.S. Treasury issues secure bonds
IBonds, iBonds or I bonds, whatever you call them, they are becoming more popular nowadays. It’s pretty obvious why: they are practically a no-risk investment.
IBonds are savings bonds issued by the U.S. Treasury and the interest rate is frequently adjusted for inflation. It is adjusted every [...]
Freddie Mac Comes Back for More Bailout
Mortgage company needs more funds
Freddie Mac, a company that has already received billions of dollars of government funding, is asking for another $30.8 billion from the U.S. Treasury.
Right now taxpayers own 79 percent of the company, after the government moved the company into conservatorship in September.
Troubled times
Freddie Mac says it [...]
Treasury Details Cash Advances to Banks
Banks get cash advances from government
The Treasury seems to be determined to make good on its promise to report all the cash advances it gives to banks using bailout money. Today it reported that it has dispersed $1.15 billion between 42 banks within the United States.
Biggest cash advances
Banks in 25 [...]
Turkeys of the Year| Don’t Be a Turkey, Get Payday Loans
Not the Kind of Turkey You Eat
Thanksgiving is tomorrow, which makes it a great time to talk about turkeys—of the business variety; this year, there were a number of turkeys in the financial world, but you can avoid a turkey by getting payday loans. This time of year, when you [...]
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