Monthly Archives: July 2013

Timeline: Iran’s Nuclear Program

Posted by & filed under Miscellaneous Financial.

Compiled by Holly Dagres 1905: Constitutional Revolution begins amid struggle for independence from Russian and British control; the first parliament is formed in 1906 under the new constitution, which limits power of the Qajar monarchy. 1907: Anglo-Russian Entente divides Persia into three spheres: British, Russian and neutral. 1908: British geologists discover oil in the neutral […]

Goldman Sees RBI Inflation Focus as Curve Inverted

Posted by & filed under Credit.

India’s bond market is the most pessimistic on the economy since the global credit crisis as a plunge in the rupee prompts the central bank to shift its policy focus back to fighting inflation. The yield on two-year sovereign notes rose 41 basis points since May 31 to 7.73 percent, 17 basis points more than […]

Auto Loans Provider, Prescott Financial, Launches New Website

Posted by & filed under Auto Loans.

SUPERIOR, Wis., July 10, 2013 /PRNewswire-iReach/ — Prescott Financial, one of the top auto loans providers online, has launched a new website in an effort to better serve its existing and potential customers. The company, which specializes in helping those with bad credit, no credit and even bankruptcies in their past secure automotive financing, has […]

Usury illusion: UK borrowers turn to payday loans despite govt crackdown

Posted by & filed under Payday Loans.

Eleven more British payday lenders have agreed to stop offering short-term loans as the government cracks down on firms charging onerous interest rates. However, many people still turn to lenders out of desperation. Last year, stretched budgets meant that Britons took out 2 billion pounds worth of short-term loans. It is a burgeoning industry, but […]

Buono says she doesn’t get enough credit for raising funds without party …

Posted by & filed under Credit.

NUTLEY – Sen. Barbara Buono is trailing Gov. Chris Christie in fundraising for the upcoming gubernatorial election, but people should not be quick to criticize her for it, she says. The Democratic hopeful criticized reportersTuesdayfor being too eager to write stories or discuss how she’s lagging behind Christie in raising funds, and she said she […]

Payday loans carry high interest rates

Posted by & filed under Payday Loans.

I hate taking on a friend, but Tony Iannellis lip-sync of the payday lenders talking points in a letter to the editor defending a despicable loan product is disappointing. It is not a good thing to charge people who cant pay their bills about 300 percent so they wont be able to pay even more […]

Myanmar Nears First Local Credit Card

Posted by & filed under Credit.

Cooperative Bank Ltd., known as CB Bank, says it wants to introduce these cards for Myanmar citizens, allowing the bank’s customers to carry Visa and Mastercard -branded credit cards for both domestic and international transactions. “Our systems are all ready,” said Oo Thein Myint, the bank’s compliance officer and deputy general manager, speaking on the […]