Simon Read is Personal Finance Editor at The Independent. He edits the Saturday Your Money section as well as writing for the news and business pages of the Independent and i newspaper. What are credit unions? They are mutual organisations, usually based …
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Critic slams regulators for takeover of Arrowhead Credit Union
With Arrowhead now back in control of its members, one prominent critic has released a broadside … enabling it to re-emerge with unparalleled financial strength, credit-union consultant Charles “Chip” Filson argues. GALLERY OF SHAME: Bank …
so interesting
Interest cap for Credit Unions lifted so they can compete with payday lenders for short-term borrowers
Credit unions will go head-to-head with payday lenders after the Government announced it would raise the cap on interest charges so that unions do not make losses on short-term loans. The Treasury yesterday confirmed it will introduce legislation that from …
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Vatican credit stop emblematic of finance woes
Too bad overseas collectors won’t be able to buy it for months … audio guides and coffee table books on Michelangelo. It was a costly inconvenience given that museum revenues are the top money-maker for the Vatican, bringing in euro 91.3 million in …
thanks for delivering this story to me
Credit easing a bit for small businesses
However, many others were discouraged from applying, fearing they would be turned down or offered bad credit terms … able to obtain at least some financing. Antrenise Cole covers banking, finance, small business lending, venture capital …
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Credit Suisse appoints first woman to lead UK M&A
Ms McTernan will take over from Stuart Upcraft, who was recently appointed the bank’s vice-chairman in M&A for Europe, the Middle East and Africa [Emea]. He is expected to continue to play a senior role in promoting Credit Suisse’s UK M&A business.
great news thought i would never see this.
Fitch: Canadian Bank Credit Quality Near Cyclical Peak
(The following statement was released by the rating agency) CHICAGO, June 12 (Fitch) The largest Canadian banks again reported improved credit-quality metrics in their most recent quarterly results, but Fitch believes Canadian credit quality is …
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Credit unions cleared to charge higher interest rates
invest in student property Beware of your inner self Directors’ Deals latest trades ‘More bang for your buck’ Credit unions are mutual co-operatives that take deposits and provide loans to members … likely to contract without financial support.
and i though i was the only one to see it this way
Brazil offers new credit line as Rousseff pushes positive agenda
Rousseff also sent a clear message to investors worried about the stability of an economy that only three years ago grew a staggering 7.5 percent. Last year Brazil grew only 0.9 percent. “Inflation is under control, the public finances are under …
I like this:)
Options for card approval without a credit history
At 21, he was turned down for a secured card. His grandfather offers to co-sign on a card with him, but will that be his best choice?
it should be interested what change will this make