Monthly Archives: May 2010

Credit Swaps Signal Sovereign Debt May Need Aggressive Action

May 28 (Bloomberg) — Credit-default swaps on the sovereign debt of Italy and Spain are heading for their biggest monthly increase amid investor concern that depressed demand for bonds of indebted nations will keep borrowing costs elevated. Continue reading

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Credit Card Debt Consolidation & Relief Programs Easy To Get Started

There Continues to Be a Great Need for Debt Relief Programs for Both Consumers and Businesses Today as High Unemployment and Economic Uncertainty Drag On; Consumer Advocate Debt Management Services Explains Debt Relief Options Available Today. Continue reading

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Visa provides tips on credit and debt management

Credit or loan is a powerful financial tool that can help you pay for a need that you cannot actually afford such as house or car. But if not used wisely, it can also drain your finances. Continue reading

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Credit Suisse, UBS May Provide Refuge From Europes Debt Storm

May 28 (Bloomberg) — Investment banks, shunned by investors during the last credit crisis, may be best placed among Europes financial firms to weather the regions sovereign debt woes. Continue reading

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Bond Trading Costs Soar as Abbott Sells Debt: Credit Markets

May 25 (Bloomberg) — The gap between the cost to buy and sell corporate credit reached the widest in nine months in another sign investors are increasingly wary of all but the safest government bonds amid Europes sovereign debt crisis. Continue reading

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For teacher, a tough lesson in debt settlement

CHICAGO — Gary Kopycinski teaches religion and ethics in a suburban Chicago Catholic high school, but his effort to practice what he preaches made him the perfect target for a debt settlement company. Three years ago, Kopycinski was told by several advisers that he should file for bankruptcy. His finances were a wreck. Continue reading

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Banks Profit As Many People Sink In Credit Debt

As the banking industry reports profits for a third straight consecutive quarter, about $1.8 billion, people are finding it increasing difficult to find low interest credit cards despite the fact that interest rates have been steadily dropping for the last several years. Continue reading

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How to get out of debt? Freeze your credit card literally

Step No. Continue reading

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Can the Government Relieve Credit Card Debt With Grants? Total Debt Relief Explains

Americans are tired of their credit card debt burdens and are looking towards the US Government for assistance. Continue reading

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Credit Cards: Who Owes Debt if Spouse Dies?

Credit cards: Know how to protect yourself from creditors in case your spouse passes away. Continue reading

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