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Fortunately, these days you do not have to rely soley on your local banks and loan companies to lend you funds. Because of the broad spectrum of the internet, you can now reach out to companies nationwide for financial assistance.
If you are in need of a bad credit loan for a mortgage, a vehicle, to refinance an existing note, or just need a little extra cash to get you out of a bind, you can feel relieved to know that help is nearby.
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Consumer Credit Information
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Getting Credit
Provides tips on shopping for credit cards, using cards carefully, and keeping your credit record clean. Also explains credit reports and credit scores, how to protect your identity, improve your credit record, and what to do if you are a victim of identity theft.
A good source of information for people learning about credit. Includes a dedicated Web page for more information.
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News Breaks
Citigroup: The Bad Boy of Finance (Washington Post)
Citigroup has looked like an octopus in a minefield lately. The world's largest bank measured by revenues, Citigroup (symbol C ) is involved in every aspect of finance you could name -- and appears to have made big mistakes in most of them. The company has written off and lost $53.6 billion through the credit crunch so far, which is more than any other bank or broker.
Finance rejects proposed VAT tweaks (GMA News)
MANILA, Philippines - The Finance department has rejected legislative moves to exempt certain sectors from the value-added tax (VAT), saying the revenues, which mostly come from high income earners, are needed as their use will benefit those in the lower income brackets.
POLICYMAKERS, INVESTORS NEED TO UNDERSTAND TRUE CAUSES OF PROBLEMS IN US HOUSING, FINANCIAL SECTORS (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Sept 5 (Bernama) -- Policymakers and investors need to understand the true causes and triggers of the current problems in the US housing and financial sectors.
Government Plans Seizure of Fannie and Freddie (New York Times)
The government informed the two mortgage-finance companies that it is preparing a plan to seize them and place them in a conservatorship, officials and executives said.
Citigroup: The Bad Boy of Finance (KiplingerForecasts.com)
The stock looks dirt-cheap, but this bank is in the thick of all the problems facing the financial sector.
China's global finance, politics, and leadership expansion strategies and secrets (cmi santiago)
Watch out on Chinese entrepreneurship and global ambitions! Why is China's business and trade leaping forward? Is China to dominate world finance, banking, investment, technology, management, outsourcing, wealth, leadership, politics? How about India and Japan?
Freddie, Fannie bailout nears (Seattle Post-Intelligencer)
WASHINGTON -- Senior officials from the Bush administration and the Federal Reserve on Friday informed top executives of Fannie Mae and Freddie Mac, the mortgage finance giants, that the government was preparing to seize the two companies and place them in a conservatorship, officials and company executives briefed on the discussions said.
Maplewood's finance department in disarray, audit finds (Pioneer Press)
A recent audit of the city of Maplewood upholds one city official's cautions that lax internal procedures had created a financial mess.
Fannie, Freddie backstop rumored; could trigger rally (The Kansas City Star)
Wall Street may be poised for a rally Monday as rumors swirled Friday about a possible weekend rescue plan for troubled mortgage finance titans Fannie Mae and Freddie Mac.
China's iron curtain: corruption, bureaucratic mess vs rising banking, finance outsourcing (cmi santiago)
How much do you really about Chinese politics, society, economy and business? How corrupt is China's communist government? What is really inside Chinese multinationals, culture, society, government, trade, outsourcing, technology? Get true knowledge from George Zhibin Gu.
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