Some Cash Loans May Increase Your Debt
Some Cash Loans May Increase Your Debt
For many consumers with credit problems, short-term payday loan or car title loans can be tempting. But getting that quick cash often drives the borrower further into debt.
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Obama calls for beefed up small-business loans
Obama calls for beefed up small-business loans
Seeking to create more jobs, President Barack Obama on Friday asked Congress to temporarily expand two lending programs for the owners of small businesses.
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Categories: credit meld Tags: beefed, calls, Loans, Obama, smallbusiness
Lending Stream Payday Loans Goes One Up On Banks
Lending Stream Payday Loans Goes One Up On Banks
EDGWARE, UNITED KINGDOM–(Marketwire – Feb. 3, 2010) – Steve and Harry were both feeling the pinch of the economic crisis. Leaner pay cheques, rising commodity prices and strained monthly budgets forced them to look for credit options to bring their finances back on track. While Harry took the conventional route, choosing to go £80 overdraft on his account, Steve researched more extensively and …
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Top China bank ICBC halts roll-over of some loans
Top China bank ICBC halts roll-over of some loans
BEIJING — China’s largest bank, ICBC, said on Wednesday it has stopped rolling over some loans to slow credit growth after a surge at the start of the year, offering the latest evidence of a governme…
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Banks easing up on loans
Banks easing up on loans
WASHINGTON — Fewer banks are erecting new hurdles for people and businesses to get loans, a fresh sign credit problems are easing.
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Categories: credit meld Tags: banks, easing, Loans
China Pledges ‘Reasonable’ Loans, Urges Scrutiny of Property
China Pledges ‘Reasonable’ Loans, Urges Scrutiny of Property
Jan. 27 (Bloomberg) — China’s banking regulator told lenders to step up scrutiny of property loans while pledging to satisfy “reasonable” financing needs as it seeks to control credit growth and prevent asset bubbles.
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Categories: credit meld Tags: China, Loans, Pledges, property, Scrutiny, urges, ‘Reasonable’
ICBC 2009 Profit Probably Climbed 15% on Record Loans (Update1)
ICBC 2009 Profit Probably Climbed 15% on Record Loans (Update1)
Jan. 27 (Bloomberg) — Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said profit probably rose 15 percent last year as record credit fueled an economic recovery.
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ICBC’s Profit Probably Climbed 15% in 2009 on Record Loans
ICBC’s Profit Probably Climbed 15% in 2009 on Record Loans
Jan. 27 (Bloomberg) — Industrial & Commercial Bank of China Ltd. , the world’s largest lender by market value, said profit last year probably rose 15 percent as record credit fueled an economic recovery.
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Fed emergency loans to banks drop sharply
Fed emergency loans to banks drop sharply
Banks borrowed less from the Federal Reserve’s emergency lending program over the past week as it becomes easier to borrow in the private credit markets.
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Do federal Stafford student loans affect ones FICO credit score?

My score continues to drop each semester when my loans are reported to the credit reporting bureaus. They are in full time student deferrment status and are current in good standing.