Monday, October 15, 2012

Some ways to part with your credit card

It was love at first swipe: That shiny piece of plastic caught your eye, every purchase brought a thrill and you planned on a bright future together.

Friday, October 12, 2012

Mortgage rates welcome improvement items!

Mortgage rates finally improved on Thursday after moving sideways or higher since last Thursday.  The drop in rates/costs was broad-based with less of the stratification between lenders noted yesterday. 

Thursday, October 11, 2012

Banks have been aggressive in lending only to customers with good or better credit scores.

Consumer LendingBanks are stocking up on cash in a move that may soon put more credit cards, car loans, and consumer loans in the hands of consumers. The market for asset-backed securities is stronger than ever, suggesting that credit card rates may be headed lower, and rewards may be getting even juicier.