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Economic Crisis Compels Economists To Reach For New Paradigm

Wall Street Journal | MARK WHITEHOUSE | Posted 11.02.2009 | Business

Read More: Economy, Policy, The Fed, Recession, Ben Bernanke, Collateral, University, Mortgage, Credit, Economic Policy, Lenders, Finance, College, Rational Expectations, Bernanke, Crisis, Economists, Banks, Academics, Theory, Colleges, Economic Theory, Universities, Business News

The pain of the financial crisis has economists striving to understand precisely why it happened and how to prevent a repeat. For that task, John Gean...

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Commercial Real Estate: 90% Financing at Low Rates Is Possible

Jerry Chautin | Posted 10.20.2009 | Business

Read More: Commercial Real Estate, Business Condo, Financing, Loan Fees, 7(A), President Barack Obama, Working Capital, Office Building, Cdc, Conventional Loans, Obama Administration, Obama Stimulus, Franchise, Cash Flow, Skating Rink, Certified Development Companies, 80%, Small Business Owners, Warehouse and Retail Store, Credit, Restaurant, 7a, Values, Borrowing Money, Loans, Vacancies, 90%, Business News, Operating Costs, Job Creation, Sba, Bowling Alley, 504, Small Business, Business News
Jerry Chautin

The lesser-known 504 program from the U.S. Small Business Administration can be ideal for small-business owners to buy, build or rehabilitate commercial buildings.

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WSJ: The 'Democratization Of Credit' Is Over

Wall Street Journal | S. MITRA KALITA | Posted 10.10.2009 | Business

Read More: Credit, Lending, Economy, Banks, Consumers, Business, Recession, Business News

The recession has forced a financial reckoning for Americans across the income spectrum. The pressure is especially acute for the low-income Americans...

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Wells Fargo Credit-Card Rates To Rise Ahead of Law

bloomberg.com | Peter Eichenbaum | Posted 10.07.2009 | Business

Read More: Credit Card Rates, Credit Cards, Credit, Wells Fargo, Barney Frank, Business News

Oct. 7 (Bloomberg) -- Wells Fargo & Co. plans to raise interest rates on a majority of credit-card customers by 3 percentage points before new rules l...

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Credit Scores: Take a Lesson From Michael Jackson

Jeanne Kelly | Posted 10.07.2009 | Business

Read More: Credit Scores, Mortgage Rates, FICO Score, Money, Credit, Financial Crisis, Money Management, Business News
Jeanne Kelly

When I explain that most of my clients have good incomes, people become even more perplexed. Why, if they make so much money, are their FICO scores so low?

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Shine the Light on American Express as it Puts the Squeeze on Small Business

Susan Wilson Solovic | Posted 10.07.2009 | Business

Read More: Open, American Express, Small Business, Credit Cards, Small Business Credit, Nbc, Credit, Shine a Light Contest, Business News
Susan Wilson Solovic

While American Express is spending bundles on marketing their brand, they are putting the squeeze on the small businesses they would like you to believe they want to help.

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Divorce, American Style And Your Credit

Jeanne Kelly | Posted 10.07.2009 | Living

Read More: Credit, Divorce, Fica, Credit Scores, Credit Score, Credit Cards, Credit Card Debt, Marriage, FICA Score, Living News
Jeanne Kelly

As a single mom with a 15 year old I'm going to tell you a little story of how my life almost went down the toilet, and how you can prevent what happened to me from happening to you too.

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Is Credit Evil?

Don McNay | Posted 09.29.2009 | Business

Read More: Financial Peace, Kentucky Guardianship Administrators, Capital One, Investment Risk, Big Money, Cnbc, Aig, Mortgages, Richmond Ky, Home Prices, Christian Author, Financial Crisis, Immediate Annuity, American College, Tax-Refund-Anticipation-Loans, Lexington, Personal Finance, Credit Card Fees, McNay Settlement Group, Msfs, Payday Lending, Structured Settlement, Citigroup, Chfc, Loan Sharks, Home Mortgages, Car Loans, Upside Down, Larry Burkett, Kentucky, Don McNay, Payday Loans, Credit Crisis, Structured Settlement Annuity, Credit Cards, Fox Business News, Clu, American Express, Dave Ramsey, JPMorgan Chase, Cnn, Subprime Mortgages, Credit, Vanderbilt University, Syndicated Radio, Million Dollar Round Table, Eastern Kentucky University, Fox News, Warren Buffett, Cssc, Annuity, Race Track, Too Big to Fail, High Interest Rates, Christian Financial Concepts, Louisvile, Business News
Don McNay

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

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Arthur Delaney

Loving Couple Divorces To Stay Afloat Financially

HuffingtonPost.com | Arthur Delaney | Posted 09.21.2009 | Business

Read More: Credit, Divorce, Economy, Health Insurance, Health Care, Recession, Down Not Out, Bearing Witness 2.0, Bearing Witness, Business News

For Mary McCurnin and husband Ron Bednar, money trouble has followed health trouble. In 2003, the couple declared bankruptcy after their insurance cov...

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Why Obama Won't Be Able to Reform Wall Street

Arianna Huffington | Posted 11.14.2009 | Business

Read More: Obama Wall Street Speech, Wall Street, Obama Financial Reform Speech, Barack Obama, Obama Financial Address, Credit, Lending, Credit Crisis, Main Street, Business News
Arianna Huffington

Obama won't be able to change the course our financial system is on unless he takes on the bankers and their hordes of lobbyists who continue to dictate policy in DC.

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Reports of Another Stock Market Fall this Fall Exaggerated

Diane Francis | Posted 11.14.2009 | Business

Read More: Real Estate Crisis, Merrill Lynch, Credit, Stock Market Crash, Wall Street, Lehman Bros., Real Estate Bubble, Meltdown, Banks, Stock Market, Influenza, Wall Street Crisis, Financial Crisis, Business News
Diane Francis

A quick survey of market catastrophes reveals that autumn is not only when the traditional harvest comes in, but also when we reap what we have sown -- whether it's corn or bad economic policy.

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Banks Earn $27 Billion On Debit Card Overdraft Fees

The New York Times | RON LIEBER and ANDREW MARTIN | Posted 11.09.2009 | Business

Read More: Overdraft Fees, Banks, House, Atms, Penalties, Congress, Credit Cards, Credit, Consumer Protection, Debit Cards, Regulation, Personal Finance, Senate, Overdraft, Business News

The Federal Reserve is considering requiring banks to get permission from consumers before enrolling them in overdraft programs, so that consumers lik...

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Credit Card Companies Slashing Rewards Programs

Washington Post | Nancy Trejos | Posted 09.15.2009 | Business

Read More: Credit Card Companies, Personal Finance, Credit Cards, Credit, Credit Card Rewards Programs, Business News

Credit card rewards programs are suddenly less rewarding. Months before a new law takes effect restricting the credit card industry's ability to rais...

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A Fat Guy's Prediction: We Need Leadership or We Will Fall Off the Economic Wagon

Don McNay | Posted 06.19.2009 | Business

Read More: College Students, Spending Habits, Debt, Magic Johnson, Wall Street Bailout, Dieting Tips, Addiction, Weight Loss Tips, Diet, Bailout, Dieting, Cincinnati, McDonald's, Weight Loss, Blood Money, Lexington KY, College Students and Credit Cards, Personal Finance, Payday Lending, Lottery, Lottery Winner, Economic Crisis, Saving Habits, Long Term Economy, Kentucky, Don McNay, Restricted-Calorie-Diet, Credit Card Debt, Credit Cards, Saving Money, Bob Dylan, Sub-Prime Mortgages, Recession, Structured Settlements, Louisville, Credit, Yo Yo Dieting, Tax Refunds, Memphis Blues Again, Tax-Anticipation-Loans, Business News
Don McNay

Unless someone is capable of changing the American psyche, people are going to go back to their old spending habits.

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Take a Number B of A

Scott Foval | Posted 06.08.2009 | Business

Read More: Fraud, Bank of America, Credit, Bailout, President Barack Obama, Consumer Lending, ScottsBigMouth.Com, Oversight, Scottsbigmouth, Congress, Stimulus, Big Banks, Mad as Hell, Business News
Scott Foval

To B of A and the big 19: Take a number. We are in line in front of you, and your business doesn't deserve our tax money until you clean up your act.

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Netanyahu Unveils Economic Rescue Plan

Haaretz | Tal Levy | Posted 05.24.2009 | World

Read More: Layoffs, Israel Employment Service, Credit, Tax Policies, Finance Minister Yuval Steinitz, Exports, Israel, Prime Minister Benjamin Netanyahu, Israel Economy, Israel Failing Economy, Global Economic Crisis, World News

Prime Minster Benjamin Netanyahu and Finance Minister Yuval Steinitz unveiled on Thursday a rescue plan for Israel's "plummeting" ecomony. ...

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How To Raise Your Credit Score

ABC News | ELISABETH LEAMY | Posted 04.16.2009 | Business

Read More: Credit Score Questions, Credit Score, Personal Finance, How to Raise Your Credit Score, Credit, Business News

A young reader asked me last week how your credit score is calculated, how it's related to your credit report and how you find out your score. It was ...

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Restoring Faith in Finance

Ann Pettifor | Posted 04.15.2009 | Business

Read More: Climate Change, Franklin Roosevelt, De-Regulation, Finance, Faith, Madoff Ponzi Scheme, Credit, Wall Street, Alan Greenspan, Business News
Ann Pettifor

If we are to restore stability to the financial system and to restore our faith, we will have to first revive the ancient truths and regulations, including the truth about limits.

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Where Are the Credit Unions?

Andy Sernovitz | Posted 04.10.2009 | Business

Read More: Banking, Marketing, Banking Crisis, Banks, Credit Crisis, Credit, Credit Crunch, Credit Unions, Business News
Andy Sernovitz

If credit unions were doing a decent job of marketing, they could grab a massive percentage of the market from banks. But I haven't been asked to switch. I haven't seen an ad.

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Credit Card Firms Back In Hot Seat

Politico | Posted 04.04.2009 | Politics

Read More: Credit Card Reform, Credit Cards, Credit, Lending, Interest Rates, Credit Reform, Usury, Politics News

Longtime supporters of credit card reform have a new weapon in their rhetorical arsenal: the $700 billion Wall Street bailout. "The big banks got bil...

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Hug the Monster: 4 Secrets of Surviving the Recession

Ben Sherwood | Posted 04.03.2009 | Business

Read More: Sere, Situational Awareness, Bankruptcy, Credit, Unemployment, Survivor IQ, Economy, Survivor, Recession, Foreclosure, Air Force, Survivors Club, Recession Survival Quiz, 401k, Business News
Ben Sherwood

Survival means adapting quickly and forging new plans. Tough times also create opportunities for those who can change their attitudes and actions.

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Biodegradable Credit Cards: The Good Kind Of Financial Breakdown

Green Inc. | Laura Shin | Posted 03.26.2009 | Green

Read More: Biodegradable Credit Card, Credit, Pvc, Waste, Plastic, Discover Card, Green News

While archeologists might someday value these relics, most credit cards -- which are typically made of polyvinyl chloride, or PVC -- outlive their use...

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The President Must Heed Lincoln and Ignore Economists

Ann Pettifor | Posted 03.23.2009 | Business

Read More: Abraham Lincoln, Federal Reserve, Financial Crisis, Credit, Money, Bank Money, President Obama, Debt, Business News
Ann Pettifor

We must once again make money work for the people.

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Just What Is a Credit Crisis?

Frank A. Weil | Posted 03.21.2009 | Business

Read More: Screen Actors Guild, Credit Default Swaps, Credit Crisis, Credit, Business News
Frank A. Weil

The answer begins by explaining that the word credit is derived from the ancient word "credere" meaning to believe, to trust.

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Blaming the Victims: Heroic American Consumers

Ann Pettifor | Posted 03.12.2009 | Business

Read More: Debt, Foreclosure Crisis, Unemployment, Credit, Borrowing Money, Food Stamps, Wages, Easy Money, Great Depression 2.0, Consumption, Consumer Spending, Financial Crisis, Business News
Ann Pettifor

High levels of debt and consumption were not the result of millions of individual decisions by consumers. They were the result of a deliberate economic 'regime change' in the 1970s.

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