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Westell Extends Credit Facility Maturity Date (ABC News)

Admin — Tue, 09 Mar 2010 16:40:07 +0000

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Westell Technologies extends maturity date on credit facility with PrivateBank and Trust Line of credit - Business - Financial Services - Banking Services - Credit and Collection

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RI Senate considers credit for hiring workers (Boston Globe)

Admin — Sun, 07 Mar 2010 04:10:16 +0000

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Lawmakers in Rhode Island’s Senate are considering a tax credit that would reward firms for hiring unemployed workers.

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Greek PM wants EU support for better credit terms (Reuters via Yahoo! UK & Ireland News)

Admin — Fri, 05 Mar 2010 01:45:04 +0000

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Greek Prime Minister George Papandreou told a German newspaper on Thursday he was not asking for a bailout but needed support from the EU to obtain credit at better conditions.

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Not much impact from repeat buyer credit (MalaysiaNews.net)

Admin — Mon, 01 Mar 2010 02:20:03 +0000

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It sounded like a great idea three months ago: Hand homeowners a $6,500 tax credit to find a new place to live, giving a thrust of energy to the housing market’s recovery. So far, people are staying …

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DE Credit Union Robbery (WMDT Salisbury)

Admin — Sun, 28 Feb 2010 01:40:00 +0000

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Fridayafternoon, Troopers were called to the Louviers Federal Credit Union, on Capitol Trail, for a reported bank robbery. In this case, a… Visit WMDT.com for the full story

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New credit card warnings not as startling online (AP via Yahoo! News)

Admin — Thu, 25 Feb 2010 09:25:04 +0000

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It’s meant to jolt borrowers from the complacency of debt: A new credit card statement that spells out the price of making only minimum payments.

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False Advertising: The New Credit Suisse Long/Short Liquid Index ETN (Seeking Alpha via Yahoo! Finance)

Admin — Tue, 23 Feb 2010 15:55:05 +0000

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Ron Rowland submits: Credit Suisse Long/Short Liquid Index ETN was listed for trading yesterday (February 22, 2010). It is not a hedge fund ETN and it does not track the similarly-named Credit Suisse Tremont Long/Short Equity Hedge Fund Index. It is an unsecured debt obligation of Credit Suisse. Furthermore, Credit Suisse may choose to suspend the creation/redemption process at anytime …

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Michelle Singletary: Beware of the loopholes in the new credit card law (Washington Post)

Admin — Mon, 22 Feb 2010 12:15:08 +0000

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Beginning Monday, some of the more outrageous practices of credit card issuers will be outlawed. But just like a bully on a playground who doesn’t punch when the teacher is watching, lenders will find ways to continue pummeling consumers.

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City charges 9 area credit repair firms (Chicago Tribune)

Admin — Sun, 21 Feb 2010 03:55:02 +0000

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2 companies say they make no promises to consumers With complaints rising nationwide against credit repair companies, the city of Chicago said Friday that it has filed consumer fraud and deceptive practice charges against nine area firms.

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New Zealand Credit Card Spending Grows Most in Eight Months (Daily FX via Yahoo! Finance)

Admin — Fri, 19 Feb 2010 08:45:18 +0000

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New Zealand Credit Card Spending grew 1.5% in January, the largest monthly increase since April 2009. The annual growth rate advanced to 2.6%, the highest in 18 months. Perhaps most interestingly, outstanding credit card balances posted the first month of positive growth since July 2009, adding 0.3% in the year to January.

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