Older Stuff

Banks Being Told They’re On Their Own

I remember reading about this story in the news a few weeks ago. It was actually a very minor “as a matter of fact” news story about how the Federal Reserve quietly told the banks back in 2010 to make sure they had a backup plan for whenever major financial trouble hits the markets [...]

Grad Students Defaulting on Student Loans at Record Rates

Apparently it is the subprime mortgage melt down allover again. Only this time, the loans that customers are defaulting on due to high risk lending practices and bank greed are student loans. You know, those loans that are supposed to be easily accessibly for a more educated American public, and with low and fair [...]

Millions of College Students Will Be Stuck in Big Debt

Student loans seem like the easiest thing to do when you’re trying to figure out how to pay for the increasingly cost prohibitive furthering of your education.

There’s a lot of hypocrisy going on now when it comes to college, because government’s big aim is to educate our youth.

They want to do [...]

Finding the Right Bank

When you’re searching for the right bank to put your hard earned money away in, it’s important to really read between the lines and comparison shop with other banks on a couple different key issues that I like to think are the foundation for whether you are getting a good deal with your bank [...]

One Bank That Seems Stable

When I was searching for bank stocks to buy, and take advantage of the currently extreme negativity about banks in general given the current mortgage crisis which spawned the greatest financial meltdown most of us will see in our lifetimes, one came to the forefront as a promising business model with a promising outlook, [...]

College Student Loans Harder to Come By?

We have definitely entered a new era in the midst of the national credit crisis which seems to have everyone from mortgage lenders to automobile loan lenders running for the hills or closing up shop because many times these loans are simply no longer profitable to them. Included amongst the victims, you could say, [...]

Bank Failures : Who Might be Next?

We are seeing one of the most trying economic times of our lifetimes, and experts are saying that it’s just going to get worse. Banks are failing and the government is needing to step in, many banks are not remaining solvent, and some are struggling just to avoid a major takeover, and others still [...]

Current Prime Interest Rate for Loans?

Forecasts for the Prime Rate – which is the best going rate you can possibly get in a given time period, are usually given by financial forecasters and banks about once a month. Yep, the Prime Rate changes that often.

It just goes to show the true volatility and dynamics of the financial [...]

Building Good Credit

We all know that in order to get the best loan rates, mortgage rates and general loan rates including car loans, you need to have good credit and be deemed a good risk so that the lender will place a higher value on your business (they know you are more likely to pay them [...]

My Personal Savings Plan for Buying a Home

This is really just personal commentary, but who knows, it might mean something to someone! I’ve decided that my goal for this year is to have $20,000 in the bank by the end of 2006 for a nice, fairly hefty downpayment on a home. How do I think I can do that?

Well, by [...]