Finance
Debt reduction vs. having an emergency account
Does it make more sense to get rid of credit card debt or conserve cash right now? Lots of experts are saying debt reduction will probably be the best offer with how low the average return on savings in the United States is right now. Saving will not earn enough money to outweigh what you're ...
Credit card use is on the wane
The recent unemployment data had some piggy bank data with it. Americans are using fewer charge cards, and less use is being made of the cards they do use. As there is less short term credit available, fewer people want to use their charge cards as a source of instant money. People are also saving ...
$ 1 billion in emergency aid to Kyrgyzstan
Open violence in the Central Asian nation Kyrgyzstan has cost hundreds of lives, created at least 400,000 refugees and all but destroyed the national budget. The violence has been caused between troops and civilians because of the nation's move toward parliamentary democracy, which overthrew President Kurmanbek Bakiyev and militants from Uzbekistan. Since the fighting has ...
Good borrowers for small business loans are in short supply
A bill designed to help smaller banks make more loans to small businesses is about to be voted on by the U.S. Senate. The bill aims to create $ 300 billion worth of small company loans. The bankers, though, are saying that a quick payday advance isn’t what the industry needs. Businesses that lend are ...
Sams Club to start offering online loans
Sam's Club, a division of Wal-Mart, will start offering online loans through Superior Financial Group LLC. The loans can be for entrepreneurs to start small companies. Superior Financial Group is a Small business Administration lender, and Sam's Club is partnering with them for a trial run in expanding accessible services to small businesses that are ...
