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home equity loan poor credit News

Consumers cut back on credit card use once again

Consumer borrowing fell again in July as households cut back on their credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.

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Consumer borrowing falls again in July as credit card use falls for 23rd straight month

WASHINGTON - Consumer borrowing fell again in the United States in July as households cut back on credit card use for a 23rd consecutive month, adding more drag on an economy struggling to mount a sustained rebound.

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Too poor to retire: Over-55s with no pension, no savings, just debts

The figures paint a worrying picture of a country with a ballooning population of elderly people who cannot afford to retire, with many surviving on only £25 a day.

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On Clean Energy, China Skirts Rules

Big government subsidies for clean energy companies, like cheap land and low-interest loans, may be in violation of W.T.O. rules.

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FHA Tries to Revive Underwater Homeowners

The new program starts on Tuesday. How many borrowers will qualify, and will investors bite? Mortgage - Federal Housing Administration - Refinancing - Foreclosure - Business

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