Lending 2.0

Lending 2.0

June 26, 2013

Peer-to-peer loans allow borrowers to borrow money directly from each other, with institutions acting only as the intermediaries. These loans can be helpful when borrowers have major purchases, want to consolidate debt, have trouble getting home equity or simply want to lower interest rates. This infographic walks us through the basics of “Lending 2.0”. Source

A Visual Guide to Pissing Off The Financial World

A Visual Guide to Pissing Off The Financial World

May 4, 2013

This infographic looks at the financial mess from the past few years and breaks down where it went all wrong. This graph looks at the American International Group (AIG) in particular and looks back on how it got into so much financial trouble. It even has a “Pissed Off” O-Meter to make everything clear. Source

2011 Interest Rate Forecast

2011 Interest Rate Forecast

May 2, 2013

With the economy all over the place these days, what are interest rates going to do in 2011? Find out what affects it and what will likely happen in the coming year for borrowers, savers, and investors. Source

Credit Report 101

Credit Report 101

April 14, 2013

Your credit history can have an impact on many things in your life including your job, home, and insurance. Those with little to no credit can find the process of building credit daunting. However, it is vital to ensuring your future. Here are some basic steps anyone can take to build their credit score. Source

The Weekly Credit Loan Report

The Weekly Credit Loan Report

April 12, 2013

The national annual percentage rate on credit cards remained steady last week at 14.96%. Americans currently save about 5% of their earned income, and they’ve been able to pay off household debt in amounts that have created an 8.6% rate of decline in total debt since 2008. In comparison, the United States accrues an extra […]

Uncle Sam

Uncle Sam’s Credit Score

April 12, 2013

Infographic: Uncle Sam’s Source

keeping-tabs-700-billion-bailout

Keeping Tabs on the $700 Billion Bailout

February 8, 2013

The Treasury Department’s $700 billion buttress to the financial system was expected to enable banks to make more loans to companies and consumers. Source

dubai-about-hang-itself

Is Dubai about to hang itself?

January 5, 2013

One of the emirate’s largest investment companies, state-owned Dubai World, has asked for a delay on repaying its US$60 billion debt until at least May. The company’s real estate arm, Nakheel – whose projects include the palm-shaped islands in the Gulf – shoulders the bulk of money due to banks, investment houses and outside development […]

$36 billion in loans to renewable energy technologies

$36 billion in loans to renewable energy technologies

December 11, 2012

The Obama administration has poured billions of dollars into electric-car and other clean-energy technologies, some of it in direct financial support to companies and some in the form of loan guarantees. Failed solar-panel company Solyndra is the best known of the Energy Department’s loan guarantee recipients. Here are the renewable-energy sectors that benefited from the […]

Understanding Your Credit Card Or Loan APR

Understanding Your Credit Card Or Loan APR

November 16, 2012

The Annual Percentage Rate on your loan can be a confusing thing. But with this handy guide, you’ll get to know them like the back of your hand. Determining exactly what your Annual Percentage Rate, better known as your APR, means can be a confusing challenge. Source

What is a Good Credit Score?

What is a Good Credit Score?

November 15, 2012

It’s difficult to get exact answers to this important question. Every expert, credit bureau, and loan officer has a different opinion as to where the threshold between good and poor credit lies. In addition, “good” can be a relative term. Source

Your Credit Score Demystified

Your Credit Score Demystified

November 12, 2012

Your credit score, often referred to as your FICO score, is the single most important number in determining if you can borrow money from mortgage, auto or personal lenders. This score also determines the interest rates that lenders will charge you. And if you’re applying for a job, you might be surprised to learn that […]