- Beware of Bad Credit Counselors
Some counselors may do more harm than good by getting you into more financial trouble.
http://www.wowktv.com/story.cfm?func=viewstory&storyid=47777
- Mortgage squeeze 'will continue'
The availability of mortgages will fall further in the next three months, lenders tell the Bank of England.
http://news.bbc.co.uk/2/hi/business/7487078.stm
- Frugal Asia to dodge much of credit card beating
TOKYO - Even after 14 years in the white-knuckle world of stock trading, Ken Masuda doesn’t sound like a big risk-taker—at least when he talks about his own cash.
http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2008/December...
- Citigroup sees second giant loss
Citigroup reports a loss of $5.11bn and cuts 9,000 jobs as the credit crisis continues to take its toll.
http://news.bbc.co.uk/2/hi/business/7354266.stm
- UK borrowers hit by credit crunch
There's increasing evidence that the US-inspired "credit crunch" is beginning to affect UK borrowers
http://news.bbc.co.uk/2/hi/business/7011852.stm
- Sinking economy not bad news for all Rhode Island companies
The sinking state economy isn’t bad news for all Rhode Island companies, as some are seeing their bottom lines grow.
http://www.projo.com/news/content/DOING_WELL_11-30-08_72CBH65_v84.3acad1e.html
- Sinking economy not bad news for all Rhode Island companies
The repo man has been busy.
http://www.projo.com/news/content/DOING_WELL_11-30-08_72CBH65_v84.3acad1e.html?n...
- UK banks 'set for bumper profits'
Top UK banks could report combined annual profits of about £38bn despite worries about exposure to bad debts.
http://news.bbc.co.uk/2/hi/business/6373281.stm
- Bad debts trim Lloyds TSB gains
Lloyds TSB reports a 4% rise in half-year profits but says provisions to cover bad debts have risen by 20%.
http://news.bbc.co.uk/2/hi/business/5237216.stm
- ConsumerMan: Just say no to gift cards
For the first time since they became so popular, gift cards sales are expected to drop this year – anywhere from 6 to 9 percent. Not all cards are bad, but here's what to look out for.
http://www.msnbc.msn.com/id/27929359
- In shaky times, are gift cards a bad bet?
Is the threat of retailer bankruptcy great enough to write off gift cards this holiday season? TODAY financial editor Jean Chatzky offers advice on this, plus wise words about investing, breaking a lease, mortgages and more.
http://www.msnbc.msn.com/id/27912668
- Feckless borrowers confess sins?
Some of those who declare themselves insolvent admit they have been spending beyond their means.
http://news.bbc.co.uk/2/hi/business/4426222.stm
- Average personal debt hits £4,000
The average Briton owed £4,000 in unsecured debt at the end of 2004, 10% more than in 2003, a report suggests.
http://news.bbc.co.uk/2/hi/business/4290977.stm
- Easy credit comes back to haunt consumers
Easy credit had wooed the middle class in the form of loans and credit cards but now the pay back has hurt.
http://www.expressindia.com/latest-news/Easy-credit-comes-back-...
- Debt is burdensome but not worth desperation
Dear Liz: I am severely in debt. It is keeping me up at night worrying about it, almost to the point where I just can't cope anymore.
http://www.latimes.com/business/la-fi-montalk30-2008nov30,0,1208337.column?track...
- Debt creeps towards £1 trillion
Consumer debt edges closer to £1 trillion, official figures show, rising by £10.2bn in May.
http://news.bbc.co.uk/2/hi/business/3849183.stm
- Q&A: Why do we need new credit laws?
New Consumer Credit laws have been unveiled. BBC News Online explains why we need them.
http://news.bbc.co.uk/2/hi/business/3293707.stm
- Easy credit comes back to haunt Indian consumers
The largest among pvt banks, ICICI, a major player in consumer credit markets, raised its bad loans provision to 1.91 pct.
http://www.indianexpress.com/news/easy-credit-comes-back-to-hau...
- Easy credit comes back to haunt Indian consumers
"Credit is a devil that dances in empty pockets," was the advice P.V. Rajiv's father gave him when the young salesman swiped his new credit card for the first time to buy an expensive watch he could hardly afford.
http://news.yahoo.com/s/nm/20081126/lf_nm_life/us_india_credit_consumers_1
- Are we heading for a credit crunch?
Britons are still content with piling on more debt onto credit cards, but what happens if the economy goes sour?
http://news.bbc.co.uk/2/hi/business/3167777.stm
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