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Long running, positive credit is important. If you are consolidating your debt, do not close your oldest loans or credit card balances completely.
Keep your debt to income ratio between below 10% -30%. Your debt payments should not exceed 30% of your monthly income. So if your monthy income is $3000, your total payments to lenders shouldn't be over $900. 10% -20% is a better ratio to shoot for.
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Newest Article:
Debt Elimination Software Can Help You Get Out of Debt In 3 Ways Posted By : A. C. West |
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Paying off your mountain of debts can seem to be impossible at first. You have accumulated debt from credit cards, car loans, personal loans, and mortgages. You may even think that it would be impossible just to even get started with a plan. Using debt el
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AIB claims most files in landfill site are illegible
Sat, 5 Jul 2008 10:13:00 GMT
AIB MOVED to reassure customers concerned about privacy yesterday after old files were found at a former landfill site in Co Cork, saying that most of the material recovered was shredded or illegible upon recovery. The bank was informed on Thursday that more...
Eircom.net
Greece: Goldman Cuts Targets on ALL Greek banks
Sat, 5 Jul 2008 10:17:00 GMT
Piraeus Bank: Neutral. PT reduced to 20.2 from 24.5 Euro National Bank of Greece: Neutral. PT reduced to 34.0 from 40.0 Euro Greek Postal Savings Bank: Buy. PT reduced to 13.0 from 14.4 Euro EFG Eurobank: Neutral. PT reduced to 17.0 from 21.0 Euro Alpha more...
Reporter.gr
Credit Mutuel of France bids for Citigroup
Sat, 5 Jul 2008 10:45:00 GMT
Credit Mutuel of France has bid for the German retail banking activities of US giant Citigroup. The sale of the unit, valued by analysts at between three and five billion euros, should be completed by the end of July. Credit Mutuel's chief competitor in more...
Malaysia Sun
Bank loan defaulters booked
Sat, 5 Jul 2008 10:49:00 GMT
Extract not available. more...
Chandigarh Tribune
China Merchants Bank forecasts doubled H1 net profit (2008-0
Sat, 5 Jul 2008 10:56:00 GMT
BEIJING, July 5 (Xinhua) -- China Merchants Bank (CMB) said its unaudited net profit for the first half of this year would more than double compared with 6.12 billion yuan (886.96 million U.S. dollars) in the first half of 2007. The rise was driven by more...
SINA
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