Personal Finance Newsletter (8/23/2009)
Dear 1ClickMoney.com Readers,
Welcome to the Personal Finance Newsletter (8/23/2009). In this edition we have included news, articles and videos. You can find more resources on our website: 1ClickMoney.com.
Personal Finance News
Indebted for life? More retirees burdened by debt
CHICAGO – Retirement is no longer the debt-free zone it used to be. Rising health care and energy costs and the phasing out of traditional pensions have been making that widely-sought goal tougher to reach for some time. (More)
Economy shows signs of stabilizing, but some regions may lag in a recovery
Reporting from Washington – The strongest monthly home sales increase in a decade and a reassuring economic assessment from Federal Reserve Chairman Ben S. Bernanke today raised hopes that recovery from the worst recession in decades may be around the corner. (More)
Large Texas bank shut down by federal regulators (AP)
AP – Guaranty Bank became the second-largest U.S. bank to fail this year after the Texas lender was shut down by regulators and most of its operations sold at a loss of billions of dollars for the U.S. government to a major Spanish bank. (More)
Summary Box: Foreclosures hit new record (AP)
AP – WHAT HAPPENED?: A quarterly report released Thursday by the Mortgage Bankers Association found that more than 13 percent of American homeowners with a mortgage have fallen behind on their payments or are in foreclosure. (More)
Mortgage rates lowest since late May (AP)
AP – Average rates on 30-year mortgages slid to the lowest levels since May this week, Freddie Mac said. (More)
Personal Finance Articles
Credit card application tips
one shot of the disadvantages of later times is that relatives cherish to effect whence countless things they don’t positively fascination. grievous gadgets also services occurred targeting a big hawk… (More)
A Small Loan, what kind to get?
Personal loans are a great way to get money quickly for most anything you need it for, even a well deserved vacation. These loans are generally easy to obtain and require a minimum of verification i… (More)
Online Loan – How is it Beneficial?
The most convenient and easiest way of funding is reaching online financial institutions. Combat all the traditional loan problems with loans applied over the internet. Your online banks and financial institutions helps you obtain loan forms online and get your funds processed online. (More)
Bad Credit Unsecured Personal Loans – What Rate Will I Get?
Bad credit unsecured personal loans have become a popular topic of debate lately. Should Americans use these to help them pay bills or will it just further their debt? (More)
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