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Scholes, Nobel Laureate, Says Credit Crisis May Not Be Over (Bloomberg.com)
Posted: May 15th, 2008, 11:29pm CDT
May 16 (Bloomberg) -- Myron Scholes , chairman of Platinum Grove Asset Management LP and 1997 winner of the Nobel Prize in economics, said the worst of the crisis in credit markets may not be over. -
Democrat backs credit card transaction fee bill (Reuters via Yahoo! News)
Posted: May 15th, 2008, 1:16pm CDT
Legislation is needed to give U.S. merchants more power to negotiate transaction fees with credit card companies Visa Inc and MasterCard Inc, a senior Democratic lawmaker said on Thursday. -
Managing Your Credit Card Debts (Carteret County News-Times)
Posted: May 15th, 2008, 7:50am CDT
(ARA) - Credit cards are not always a bad thing, if you are smart with how you use them. They enable us to buy items immediately, eliminate having to carry cash, and record and track purchases. Disadvantages include interest, fees, and increased impulse buying. -
Bad Credit and Home Refinance (Carteret County News-Times)
Posted: May 15th, 2008, 7:41am CDT
(ARA) - Mortgage rates are at historic lows, and it seems like everyone's jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?