Credit Card Relief

‘Debt relief’ firms can cost more, ruin credit

Dear Action Line: What can you tell me about these ‘debt relief’ firms that advertise on late-night cable TV? M.H., Tulsa.

Investors Should Sell Japan Sovereign Default Swaps, Credit Agricole Says

Investors should sell credit-default swaps on Japanese government debt because prices overlook the nations improving economic growth outlook, according to Credit Agricole SA.

Contact 6 helps homeowner get refund from Credit Solution Group

Sharon Cordoba’s debt and credit score are out of hand. With $30 thousand dollars of debt and mouths to feed, she tried to work with Credit Solution Group out of Brookfield.

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.

Finding the best credit card rates

We all need to keep debt manageable. So how do you find the best credit card rates?

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.

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. I’m 31 now and I’ve noticed that you can’t get far in life with debts and no credit. I’m about $10,000 in debt altogether.

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.

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.

Moody’s says it might downgrade Hungarian debt

Moody’s credit rating agency warned on Friday that it might downgrade Hungarian sovereign debt, citing looming problems for the economy and the level of public overspending.

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