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NEW YORK - Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the ...
Read moreWASHINGTON — Fewer consumers are now getting courted for credit cards. According to Mintel Comperemedia, a marketing-research firm based in Chicago, 1.34 billion credit-card direct-mail offers were sent out in the third quarter, down 13 percent ...
Read moreBefore going into the logistics of accumulating good credit, understanding the definition of credit is vital. Credit is a way of proving to lenders that you are responsible and worthy of opening a credit card or obtaining a loan. Typically buying a ...
Read moreThey say cash is king. This holiday season it may truly rule. As the nation's economy continues to deteriorate, some consumers are devising cash-only shopping strategies -- dropping credit card use and adding layaway -- because they want to weather ...
Read moreStory Tools Quick, do you know how much interest you pay on your credit card? I did an informal survey this week. Of the dozen or so people I asked that question, none knew the answer. But we should, especially now. With their own houses in disarray ...
Read moreFor years, online comparison sites have helped consumers make smarter buying decisions by showing a variety of offers side by side. It beats the old method of shopping in person or by phone. But today, sites are becoming more sophisticated. For ...
Read morePat is among hundreds of Sun readers seeing red over gouging credit card rates and demanding Ottawa conduct a new probe into the high cost of credit, amid a deepening financial crisis that's forced central bankers to cut interest rates and pump ...
Read moreW hen trying to live more frugally and reduce your expenses, you might be tempted to cut up your credit cards. Before pulling out the scissors, pay attention to Brock's story. He drove to Ottawa with his wife this month to attend a family wedding ...
Read moreWall Street's problems have captured the attention of Congress, the White House and the media. But on the country's Main Streets, worried workers, struggling small business owners and cash-strapped families are wondering if anyone is paying attention ...
Read moreOur current financial crisis is a case study in ripple effects. A lot of bad mortgage loans, bad loans between organizations, bad evaluations by ratings agencies and bad oversight by government collectively toppled big Wall Street firms. This caused ...
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