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Credit Union Fix May cost $9.2 bn: US Regulators

September 27, 2010 by · Leave a Comment 

Credit unions in the US may absorb as much as $9.2 billion in losses over the next decade as the industry strives to recover from sour investments in real estate and consumer loans, US regulators said today.

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Credit Union Fix May cost $9.2 bn: US Regulators

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Jaime Sarrio: Credit union offers real-world lessons for students

September 27, 2010 by · Leave a Comment 

The Tennessee Credit Union is attracting a unique base of customers by opening its newest branch in a spacious, bright building with lots of foot traffic – a school lunchroom.

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Jaime Sarrio: Credit union offers real-world lessons for students

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Credit union fix may cost $US9.2b

September 27, 2010 by · Leave a Comment 

Credit unions in the US may absorb as much as $US9.2 billion in losses over the next decade as the industry strives to recover from sour investments in real estate and consumer loans, US regulators said today.

View original post here:
Credit union fix may cost $US9.2b

the-industry

Credit Union Fix May Be $9.2 Billion, Regulator Says

September 24, 2010 by · Leave a Comment 

Credit unions in the U.S. may absorb as much as $9.2 billion in losses over the next decade as the industry strives to recover from sour investments in real estate and consumer loans, U.S. regulators said today.

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Credit Union Fix May Be $9.2 Billion, Regulator Says

the-industry

Dubai World debt plan positive, but doubts remain

September 13, 2010 by · Leave a Comment 

United Arab Emirates stock markets rose Monday, after Dubai World announced a debt restructuring deal with creditor banks that analysts say is positive although uncertainty over Dubai’s debt remains.

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Dubai World debt plan positive, but doubts remain

the-industry

Franklin Debt Relief Worried About Future of Industry with New Debt Settlement Laws but Willing to Comply

September 13, 2010 by · Leave a Comment 

Franklin Debt Relief, a leading debt settlement company operating nationwide, announces its support of new debt settlement laws, but is concerned that the future of the industry will be jeopardized by allowing their fees to be controlled by the credit card companies.

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Franklin Debt Relief Worried About Future of Industry with New Debt Settlement Laws but Willing to Comply

the-industry

Practical Debt Relief Becomes BSI Accredited

September 9, 2010 by · Leave a Comment 

The recent FTC ruling regulating debt settlement companies is causing many companies to close down or sell their customer portfolio. Practical Debt Relief just completed BSI Accreditation, showing their commitment to the industry and setting the bar for other companies to follow.

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Practical Debt Relief Becomes BSI Accredited

the-industry

Barclay Credit Analysts Boosts U.S. Banks

August 3, 2010 by · Leave a Comment 

Barclays credit analysts lifted their view of the U.S. bank sector, pointing to rising earnings and declining threats from the economy.

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Barclay Credit Analysts Boosts U.S. Banks

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Credit cards on the rebound

August 3, 2010 by · Leave a Comment 

Credit cards, which caused losses for many American banks during the recession as cardholders defaulted at record rates, are back to producing rising profits across the industry, with the default rate falling and fewer people falling behind on their bills.

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Credit cards on the rebound

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Some credit card companies squeeze most responsible customers

July 31, 2010 by · Leave a Comment 

Washington Post Friday, July 30, 2010 iStockphoto.com After the recession forced credit card companies to purge their rosters of the riskiest loans, the industry is facing a new dilemma: customers who are too good. Card issuers have long found their bread and butter in penalty fees and high interest rates paid by consumers who carry a balance. But that business model has been upended by the …

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Some credit card companies squeeze most responsible customers

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