Monthly Archives: July 2010
Banks Sell Debt After Stress Tests Buoy Bond Demand
Credit Suisse Group AG and Spains Banco Bilbao Vizcaya Argentaria SA are tapping demand for financial debt after the door for new issuance in Europe was opened by the results of the stress tests. Continue reading
Finding the best credit card rates
We all need to keep debt manageable. Continue reading
Use Balance Transfers to Reduce Credit Card Debt, Says SmartBalanceTransfers.com
NORWALK, CT–(Marketwire – 07/27/10) – SmartBalanceTransfers.com, a website that allows visitors to find the best credit card balance transfer offers, has good news for consumers struggling with credit card debt: you can now take advantage of 0 APR balance transfer offers to reduce overwhelming balances. “If you want to reduce credit card debt without paying a fortune in interest, a 0% balance … Continue reading
Tomkins Credit-Default Swaps Soar After Takeover Adds $3 Billion of Debt
Credit-default swaps linked to Tomkins Plc soared after Canada Pension Plan Investment Board and Onex Corp. said they are borrowing $3 billion to fund the buyout of the British auto-parts maker. Continue reading
Hungary’s Borrowing Costs May Rise at First Debt Sale After Credit Review
Hungarys borrowing costs may rise in the first government debt auction after the countrys credit ratings were put on review, on concern the central bank may raise interest rates to support the forint. Continue reading
Debt Resolution Company Settles $114 Million in Debt in First Quarter
Freedom Debt Relief saves customers nearly 60% of debt owed Continue reading
Property Debt Liquidated by Servicers at `Anemic’ Pace, Credit Suisse Says
Servicers are liquidating soured commercial property loans bundled into bonds at an anemic pace as large mortgages delay the process, creating uncertainty as to the size of losses, according to Credit Suisse Group AG. Continue reading
Debt adviser: Credit counselor can get you on track to the black
Dear Debt Adviser: I accumulated debt in my earlier years without thinking of the consequences. Continue reading
No government bailout on credit card debt
Dear Debt Adviser, Do you know of any official, government-sanctioned, consumer credit card , bailout programs? If these programs don’t exist, are there legitimate services that can actually assist consumers in reducing debt without adverse credit score or credit report consequences ? Any insight is appreciated. Continue reading
UBS, Credit Suisse pass stringent Swiss test: regulator
Swiss big banks UBS and Credit Suisse have passed a stress test, regulator Finma said on Friday, noting that the banks are even able to withstand a European debt crisis. Continue reading
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