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) Debt Consolidation Advertising Traffic Jumps 600%
Adknowledge traffic in the debt consolidation services category climbed more than 600 percent in September 2007 compared to a year ago, the largest advertising category increase so far this year. Bad credit loans and loan refinancing are other categories to jump over 500 percent.. More>>
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) Nigeria: Why Banks Shun Real Sector Fund Seekers
While some stakeholders, especially those in the manufacturing industry, point their accusing fingers at banks as being responsible for the dearth of real sector financing, banks said that it was their duty to protect the interest of shareholders from bad debt as the money does not belong to the board and management of the institution. The inability of the real sector to access funds from banks has been associated with the high lending rates which stood between 18 per cent and 20 per cent. Although, some operators in the manufacturing industry were excited that consolidation in the banking sector would usher in an opportunity for them to get credit facilities from banks at lower rate to increase their capacity utilisation, but they were disappointed with the rate to be contended with. More>> - (
) Lone Anomaly to Ignite Gold
The face of all the world has changed, since first I heard the footsteps of your official rate cut. Sorry, borrowed a front line from a Robert Browning love poem, who wrote about ‘footsteps of your soul’ to Elizabeth Barrett. On September 18th, notes were taken on a host of prices immediately before the US Federal Reserve executed its cut of 50 basis points in both the Fed Funds target and the discount rate. The reaction in the entire price structures for the financial markets generally has been profound in only one week. Stocks are up. Foreign currencies are up. Oil and natural gas are flat but now down a little. Gold and silver up, along with their precious metals mining stocks. However, the anomaly sticks out like a sore bruised discolored thumb. The USTreasury Bond yield curve has steepened. More>> - (
) Managing Your Credit Card Debts
(ARA) - Credit cards are not always a bad thing, if you are smart with how you use them. They enable us to buy items immediately, eliminate having to carry cash, and record and track purchases. Disadvantages include interest, fees, and increased impulse buying. With a credit card comes certain responsibilities, and it's never too late to be smarter."Most people spread out purchases over three or four credit cards," says Howard Dvorkin, founder of Consolidated Credit Counseling Services Inc. "By the time they sit down to add it all up, they have no idea what they spent, which is a huge problem." Responsibilities:* Borrow only what you can repay. Never borrow more than 15 percent of your yearly net income.* Read and understand the credit contract. Call the company for further explanation if you have questions.* Pay debts promptly, and if you cannot meet payments, notify your creditor immediately. More>> - (
) The Judgment.
Following a nerve-shattering legal battle, Pakistan's Supreme Court has allowed the country's military ruler, General Pervez Musharraf to contest the presidential election in uniform, which is scheduled to be held on October 6."The petitions hereby are dismissed as not maintainable" announced Justice Rana Bhagwandas, the head of the panel of nine judges hearing a string of petitions challenging the re-election of General Musharraf in uniform for next five-year term.
Six of the nine-judge larger bench gave verdict in favor of dismissing the petitions while other three judges, including Justice Rana Bhagwandas, differed.
As soon as the verdict was announced, the lawyers present in the courtroom shouted “shame shame" slogans, and anti-Musharraf slogans, forcing the judges to leave the courtroom in a hurry. More>>
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) Bodisen Biotech Announces Interim Results for the Six Month Period Ended June 30, 2007
SHAANXI, China, Sept. 28, 2007 (PRIME NEWSWIRE) -- Bodisen Biotech, Inc. (the ``Company'') (Other OTC:BBCZ.PK - News) (LSE:BODI.L - News) (website: http://www.bodisen.com) today announces its interim results for the six month period ended June 30, 2007.Financial highlights
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) Tips to lower anxiety as mortgage rates reset
Sometimes there are no easy answers. Just ask Diane Jones, a middle school history teacher who two years ago bought her Danvers apartment when it was turned into a condominium.It seemed like a good idea. The housing market was still rising, her landlord helped put together her financing, and Jones didn't want to move. "I wanted to stay in town so that my son could finish high school," she said.
Today, Jones, 55, shakes her head when asked how those good intentions went awry. "I trusted people," she said, explaining that she didn't shop around for a mortgage, didn't read all of the mortgage documents, and didn't understand how bad things could get. But as her adjustable-rate mortgage approached reset in June - eventually boosting her monthly payments by more than $450 to nearly $2,000 - she knew she was in trouble and might even lose her home. More>>