Capital One Credit Card Defaults Rise Slightly in September
The credit card company said defaults rose marginally as consumers still struggle to pay down debt.
Read more on FOX Business
FHA-Backed Loans Revive Easy Credit And Risks To Gov’t
The subprime market as we knew it might be dead and buried. But it hasn’t really gone away. It’s just wearing new clothes — government issued by the Federal Housing Administration.
Read more on Investor’s Business Daily via Yahoo! News
Roseman: Is it time to update your credit profile?
If you check your credit report, you often find outdated items that can hurt your image as a creditworthy individual.
Read more on Toronto Star
New global rules aim to strengthen banks
BASEL, Switzerland — Global financial regulators on Sunday agreed on new banking rules designed to strengthen bank finances and rein in excessive risk-taking to help prevent another crisis.
Read more on Washington Post
Low rates to limit bank profits
Profitability at local banks will be constrained in the coming year by narrow net interest margins, Standard & Poor’s said.
Read more on The Standard
Dubai Holding, a company owned by the emirate’s ruler Sheikh Mohamed bin Rashid al-Maktoum, is delaying repayment on …
Dubai Holding, a company owned by the emirate’s ruler Sheikh Mohamed bin Rashid al-Maktoum, is delaying repayment on part of .8bn in loans due this month as state-owned companies seek to restructure liabilities.
Read more on Gulf Times
Banks undervaluing our property,say small firms seeking loans
A lobby group says that banks are undervaluing the property which small companies offer as security against loans, further inhibiting access to finance.
Read more on Daily Telegraph