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Wednesday, October 24, 2012

Credit card use continues to stabilize and posted a 1.88 percent gain from the previous year.

A pair of studies from a leading credit reporting agency shows that credit card use continues to stabilize, especially in parts of the country hit hardest by the recession. Equifax's recent National Consumer Credit Trends Report measured increases in auto loans, student loans, and new credit cards. Meanwhile,

Tuesday, October 23, 2012

Mortgage Rates Unchanged

Mortgage rates were steady to very slightly higher in most cases on Monday, though some lenders were in slightly better territory than on Friday.

Monday, October 22, 2012

Credit Card Rates may be reduced due to New LIBOR

Credit Card RatesEarlier in the year the London Interbank Offering Rate, or the rate at which banks lend to other banks, was found to be a faulty measure of the actual cost of borrowing.

Friday, October 19, 2012

Lloyds Banking Group established a new bank in London

Lloyds Banking Group has finalised the property arrangements for its Verde divestment programme (and the creation of a new bank) by securing a lease of the 5th floor at 20 Gresham Street, London EC2.

Thursday, October 18, 2012

Correcting your credit score!

Your credit score can be a blessing or a curse depending on how good it is. A good credit score will help you to get approved for loans and services. It will also allow you to get a better interest rate on your debt.