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German lawmakers approve 'bad bank' scheme (AFP via Yahoo! News)
Posted: July 3rd, 2009, 2:48pm EDT
The German lower house of parliament approved on Friday a bill that provides for the creation of "bad banks" to help commercial and state-owned banks recover from the financial crisis. -
Credit cards serve as blessing or curse for young Canadians (The Sault Star)
Posted: July 3rd, 2009, 1:39pm EDT
No matter how you swipe them, credit cards are full of pros and cons that weigh heavily on young Canadians and can sometimes be a make-or-break influence on their pocketbooks.[...] -
Beware: The high cost for bad credit (Hattiesburg American)
Posted: July 3rd, 2009, 6:36am EDT
Bad credit can cost you - whether or not it is your fault. And it can be more costly during these days of tight credit. The Better Business Bureau continues to see an increase in the number of complaints received about CROs - credit-repair organizations - and it appears that the number of shady CROs also is increasing.