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Comparison Shopping

Comparison Shopping

Being anywhere in the world outside the United States does not mean that you have to go without comparison shopping. There are sites for those in Australia that not only can you, as a shopper, compare prices on things like laptops and shoes, but as …

The number of credit card defaults increased by over 11% in August

The number of credit card defaults increased by over 11% in August

A report from Bloomberg said that defaults of credit cards in the United States rose by 11.49% in August. The number is up from the 10.52% it increased from the month of July. The percentage reflects complete write offs and not delinquencies that are still …

AIG will likely not be able to pay back all their loans

AIG will likely not be able to pay back all their loans

AIG “borrowed” $182 billion from the United States government from the bailout program. On Monday September 21st, a watchdog group sent out a warning to the American public that AIG would likely never be able to pay back the loan.
The Government Accountability Office said that …

The chairman of Wells Fargo will resign

The chairman of Wells Fargo will resign

The chairman of Wells Fargo agreed last year to help the company through the financial crisis, now Dick Kovacevich will be stepping down from the job as he sees that the financial crisis is over, I suppose. After 23 years of being with the company, …

Foreclosures in the US equal to 1 in 350

Foreclosures in the US equal to 1 in 350

For the sixth month in a row, foreclosures in the United States topped the 300,000 mark. Last month a total of 358,471 homes were put into foreclosure by either getting a default notice or by being put on the auction block. The figure is up …