What happens to my loan if my bank goes under? May 2, 2010
Posted by Banking in : Credit , 4commentsBrad asked:
I’ve got 3 car loans and 1 home loan. I don’t really need the car loans, but I have 0-3% APR and considering time value of money, is financially worthwhile over buying outright. Anyway, all together they are with 4 different banks/loan providers, and there is a good chance one or two of those will go under.
I’m guessing whoever buys the assets of the bank/loan company then get my future payments. Is this correct? Can the terms of my loan be changed? Can the loan be called? can anything change?
World’s Worst Credit Card? May 2, 2010
Posted by Banking in : News , 24commentsMoneyTalksNews asked:
Think you’ve got it bad with the fees your credit card charges you? Well try this: $247 up-front, for a $300 credit line… And that’s not the worst of it!
What are the best Banks for business relationships and future loans? May 1, 2010
Posted by Banking in : Small Business , add a comment
Do you know of any specific banks (especially in Texas) that are known for good relationships with small (and new)businesses. Some big banks force you to have a Very long relationship before giving you a large line of credit. I am trying to avoid these banks. Any ideas or names?? Thanks
By: Wonderer
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By: Wonderer
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What was the one pivotal thing that triggered this Global financial meltdown? May 1, 2010
Posted by Banking in : Politics , 16comments
Did it have something to do with mortgage lending to people who didn’t have a down payment at sub prime rates with a high credit risk? Who pushed these policies?
By: pigletscafe
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By: pigletscafe
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