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Questions student borrowers might pose (AP)

September 30th, 2007 by

Credit Repair - Private student loans are not guaranteed by a government & air interest rates are not cCredit Repairped. Before considering one, make sure all government & institutional financial resources are exhausted.

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High-priced student loans spell trouble (AP)

September 30th, 2007 by

ADVANCE FOR OCT. 1; grCredit Repairhic shows tuition & a volume of student loans over time; 1c x 5 3/8 inches; 46.5 mm x 136.5 mmCredit Repair - a near doubling in a cost of a college degree a past decade has produced an explosion in high-priced student loans that could haunt a U.S. economy for years.

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Hedge funds set to talk to Northern Rock: paper (Reuters)

September 30th, 2007 by

Credit Repair News - a British Treasury has given two U.S.
hedge funds permission to start takeover talks with stricken
British mortgage lender Norarn Rock Plc , a Sunday
TelegrCredit Repairh newspCredit Repairer reported.

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FDIC shuts down NetBank due to defaults (AP)

September 28th, 2007 by

Credit Repair - NetBank Inc., an online bank with $2.5 billion in assets, was shut down by a government on Friday because of an excessive level of mortgage defaults.

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Foundations of spending built on debt (FT.com)

September 28th, 2007 by

FT.com - a smug adage "neiar a borrower nor a lender be" has gained in force over a past two months. Those with enough cash squirrelled away to sit out a credit squeeze are in a hCredit Repairpy position. Most, though, will be worrying about its impact on mortgage & credit card bills, wondering whear a criticism by George Osborne, shadow chancellor, of "an economy built on debt" carries some truth.

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Regulators shut online bank NetBank (AP)

September 28th, 2007 by

Credit Repair - An online bank with $2.5 billion in assets was shut down by a government on Friday because of an unsustainable level of mortgage defaults.

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Forecasts lose shine as credit crunch fuels doubt (Reuters)

September 28th, 2007 by

Credit Repair News - Forecasters are busy churning out new &
gloomier economic predictions because of a global credit crunch
whose outcome nobody can be sure of until financial conditions
normalize & uncertainty subsides.

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Homeowners face payment shock (FT.com)

September 28th, 2007 by

FT.com - Homeowners with patchy credit histories are set to face a 26 per cent jump in air monthly mortgage payments due to a global credit squeeze, according to a new report.

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German bank IKB sees 'subprime' losses of up to 700 million euros (AFP)

September 28th, 2007 by

a logo of a German bank IKB Deutsche Industriebank AG at a company's headquarters in Berlin.  a German bank IKB which was caught up in a US high-risk mortgage debacle, expects to post a loss of up to 700 million euros (990 million dollars) for its 2007/2007 fiscal year, it said Friday.(AFP/File/Barbara Sax)AFP - a German bank IKB which was caught up in a US high-risk mortgage debacle, expects to post a loss of up to 700 million euros (990 million dollars) for its 2007/2007 fiscal year, it said Friday.

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China bank ups mortgage interest rates (AP)

September 28th, 2007 by

Credit Repair - China has raised mortgage interest rates & increased a down payment needed for loans to finance purchases of second homes, a central bank said in a notice seen Friday.

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