Monthly Archives: May 2014

Best loan rate starts to beat mortgages

Posted by & filed under Personal Loans.

So, why are personal loan rates so low? The Treasury-backed Funding for Lending scheme (FLS), which was launched in July 2012, but removed earlier this year, had offered billions of pounds of loans with rates as low as 0.25pc to banks and building societies on the condition that they lent this money on. The scheme […]

Transaction Capital sheds unsecured loans, profit up 28%

Posted by & filed under Personal Loans.

FINANCIAL services group Transaction Capital, which recently sought to reduce risk by selling its unsecured lending operations, on Wednesday reported a 28% rise in earnings for the six months ended March. This follows a warning last week by embattled unsecured lender African Bank Investments that it expected a headline loss of R3.1bn-R3.3bn for the period […]

Credit Suisse: Guilty, $2.6 Billion Fine, But Avoids Death in US — UBS Was …

Posted by & filed under Credit.

Credit Suisse–not just a subsidiary but the parent–has plead guilty of conspiring to help Americans evade taxes. Plus, Switzerland’s second-largest bank more than triples the $780 million fine UBS paid over similar charges. But while UBS got off with a deferred prosecution agreement–criminal charges against it were quietly dropped in 2010–Switzerland’s Number 2 bank will […]

Climate Change Will Hurt Nations’ Credit Ratings, S&P Warns

Posted by & filed under Credit.

Add credit ratings to the list of things climate change might ruin. According to a recent report released by Standard Poors Ratings Services, rising global temperatures will put downward pressure on sovereign credit ratings. The international credit-rating firm warns that poorer countries and nations with already low ratings will be hit the hardest by the […]

Commercial Real Estate World Releases a New Directory of the Best …

Posted by & filed under Commercial Loans.

Commercial Real-Estate World consists of lenders, agents, developers, brokers, and other service providers that are shaping the commercial world. Potential consumers can gain access to some of the most engaging professionals in the business. Rockwall,TX (PRWEB) May 20, 2014 Business owners and investors, now may be a good time to borrow money and utilize capital […]

7 Ways to Improve a Credit Score

Posted by & filed under Credit.

Source: Pixabay. You might not think too often about your credit score and credit report, but they can have a huge impact on your life. Landlords, for example, can check to see how delinquent youve been in paying past obligations. Insurers, banks, credit card companies, and even employers can look into your credit score, too, […]

Northway Financial: A Promising Bank Trading At A Discount (NWYF)

Posted by & filed under Commercial Loans.

Investing in small banks can be an inherently risky business. Trying to pick the small banks that will be able to survive in a rather sluggish economy is risky. However, I believe that there is still significant value within the banking sector as a whole that is underutilized especially amongst banks that would be considered […]

Credit Suisse Pleads Guilty in Felony Case

Posted by & filed under Credit.

Updated, 10:12 pm | Credit Suisse has done what no other bank of its size and significance has done in over two decades: plead guilty to criminal wrongdoing. In a sign that banking giants are no longer immune from criminal charges, despite concerns that financial institutions have grown so large and interconnected that they are […]