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(ARA) - Until recently, Ken Goins of Woodland Hills, Calif. was like most Americans -- he carried a balance on several credit cards. The weight of the balance became heavier and heavier, and Goins just wanted to end his debt.
The world is now changed (Asia Times)
Decoupling on the part of the under-developed economies is defined as accelerating along the path of eliminating inordinate reliance upon the US and other developed economies as export markets.
Suppliers say survival tied to more aid (Detroit Free Press)
To hear the auto suppliers tell it, their industry might not survive without government help. It's a chance President Barack Obama, for the moment, is willing to take.
Obama to Unleash Ambitious Reg Reform Plan (Financial Planning.com)
The Obama administration's plan to revamp financial oversight aims to restructure the banking industry, as well. Gone would be the thrift charter, along with industrial loan companies. All holding company supervision would be handed to the Federal Reserve Board.
Cash-out home loan refinance sensible (Bankrate.com)
Dear Dr. Don, I currently owe $37,281 on my mortgage. I have about seven to eight years left to pay. The interest rate is 6.125 percent. I just took out a car loan for five years. The interest rate is 5.99 percent and the loan is for $26,131. I need approximately $26,000 to fix up my house.
Relief coming for those with low incomes, high student loan debt (Austin American-Statesman)
If you feel underpaid and overburdened by federal student loans, you're in for some relief.
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