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Debt Consolidation News

Credit Card Debt Relief and Consolidation Programs Helping Many Today
SAN FRANCISCO, CA--(Marketwire - 09/01/10) - Credit card debt relief and consolidation programs are today helping many individuals and families to lower their credit card debt, consolidate into a single and much more affordable program payment, and establish a road map for getting out of debt. During this era of economic uncertainty, it's becoming increasingly more common for people to find ... (Wed, 01 Sep 2010 09:37:00 -0700)

Banks' Appetite to Lend for Resources M&A May Be Back, Ernst & Young Says
BHP Billiton Ltd. ’s loans to fund its $40 billion hostile takeover bid of Potash Corp. of Saskatchewan Inc. may mean banks have a renewed appetite to finance large deals, Ernst & Young LLP said. (Wed, 01 Sep 2010 18:42:39 -0700)

Zacks Analyst Blog Highlights: JPMorgan Chase, SunTrust Banks, PNC Financial Services Group, BB&T and Regions Financial
Zacks Analyst Blog Highlights: JPMorgan Chase, SunTrust Banks, PNC Financial Services Group, BB&T and Regions Financial (Thu, 02 Sep 2010 01:41:53 -0700)

Home loans not cast in stone
With a family of six and a sizeable mortgage, Mark and Brigitte Kandalaft were keen to look at ways to lessen their financial burden. (Tue, 31 Aug 2010 22:40:37 -0700)

Lax Basel III Rules to Spur Further Bank Consolidation, Meaning More TBTF?
The “lax” is clearly a tad inflammatory, but tweaks in Basel III rules to allow dubious quality items like mortgage servicing rights as Tier I capital speak volumes. In addition, the various noises from policy makers makes clear that they aren’t willing to make banks raise capital level by much due to fears of the [...] (Wed, 01 Sep 2010 10:46:24 -0700)

FDIC List Slows, More Banks Go Bust
The number of banks on the Federal Deposit Insurance Corporation's list of problem institutions in the second quarter grew to 829 from 775 in the previous quarter and 416 in the year-ago quarter. (Wed, 01 Sep 2010 13:30:11 -0700)

VimpelCom Ltd Announces Second Quarter 2010 Operating and Financial Results
VimpelCom Ltd" , a leading international provider of telecommunications services, today announced its operating and financial results for the quarter ended June 30, 2010. (Thu, 02 Sep 2010 03:34:00 -0700)

401(k) Loans and Hardship Withdrawals Rise at Alarming Rate -- A New Horizon Credit Counseling Advises on How to Avoid ...
Last year Americans 401(k) retirement accounts experienced a huge reduction in value due to falling financial markets. These very same retirement accounts are now facing another attack of sorts; this time from within. American workers are initiating loans or hardship withdrawals from their 401(k) retirement savings accounts at an unprecedented rate. (Tue, 31 Aug 2010 00:01:00 -0700)



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