Monthly Archives: October 2011

Student loan debt, joblessness could create ‘nation of debtors’

Posted by & filed under Debt.

–> Kyle Stinson wants to make movies. The Columbus, Ohio, native enrolled in his preferred school, The Art Institute of Pittsburgh, to obtain an associate degree in film and video. But five weeks into classes, Stinson, 19, realized that the $12,000 he and his mother saved for his education will cover about two quarters of […]

PrivateBancorp Reports Third Quarter 2011 Results

Posted by & filed under Commercial Loans.

CHICAGO, Oct. 25, 2011 /PRNewswire/ PrivateBancorp, Inc. (NASDAQ:PVTB) today reported net income available to common shareholders of $10.0 million, or $0.14 per diluted share, for the third quarter 2011, compared to $4.5 million, or $0.06 per diluted share, for the third quarter 2010, and $5.5 million, or $0.08 per diluted share for the second quarter […]

Could Payday Loans Be a Thing of The Past?

Posted by & filed under Payday Loans.

Upon scouring the Internet to bring you helpful advice and ideas we have today, stumbled across a new kind of loan that has hit the online market, in the form of short-term asset loans. As of yet not many companies are out there doing this, and we believe that the idea could really take off. […]

What can be done about student loan debt, which has surpassed $1 trillion?

Posted by & filed under Debt.

There are two sides to this issue. First is the existing debt levels for private and government student loans. With respect to the latter, the president has taken steps to ease the repayment process. Partial or total forgiveness beyond existing law for those going into public service does not seem a viable option. If more […]

Credit cards and personal loans ‘still on the decline’

Posted by & filed under Personal Loans.

There was a slight year-on-year increase in consumer credit in August, compared with the same time a year earlier – but most types of credit still saw a decline, according to the Finance Leasing Association (FLA). Overall, consumer credit saw a 3% increase in terms of value over that period, largely as a result of […]

Weemba Reports Growing Number of Personal Loan Requests

Posted by & filed under Personal Loans.

Email Print Aa Tweet Weemba Reports Growing Number of Personal Loan Requests Published: October 24, 2011 9:33 AM By The Associated Press MIAMI, FL — – (Marketwire) — 10/24/11 — As Weembas community of borrowers and professional lenders continues to rapidly expand, the company reported today a surge in requests related to a range of […]

Payday Loans Bring More Than Just Short-term Credit

Posted by & filed under Payday Loans.

As household budgets continue to shrink and the cost of living soars, a North East debt advice expert is urging people not to rely on payday loans to cover monthly bills. The stark warning from Liz Chadwick, Chief Executive of DAWN Advice, comes as it was revealed by Citizens Advice that the number of people […]

Command Security Corporation Announces Extension of $20 Million Revolving …

Posted by & filed under Credit.

LAGRANGEVILLE, N.Y., Oct 20, 2011 (BUSINESS WIRE) — Command Security Corporation /quotes/zigman/1472967/quotes/nls/moc MOC +0.61% (the “Company” or “Command”) today announced that it has entered into an Amendment to the Credit and Security Agreement dated February 12, 2009 between the Company and Wells Fargo Bank (the “Amended Credit Agreement”). The Amended Credit Agreement extends the term […]