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Wednesday, November 19, 2008

US Dollar Tries to Recover, But Upcoming Housing and Sentiment Data �

Chris Payne from Canada writes: Carrick is often out to lunch. I really hope people don't actually rely on what he writes."

1/3 of Carrick's articles direclty contradict a previous article he has written. The guy has a B.A. in Political Science. His only skill is blaming everythning on some institution, promoting conspiracy theorys. Posted 01/02/08 at 11:10 PM EST | Alert an Editor | Link to Comment . read more

Unsecured Loans: asset-free opportunity for those in need

New data from the U.S. Education Department confirm that view.

In November, the House of Representatives amended legislation to renew the Higher Education Act with a provision that would extend to three years, from the current two, the �cohort default rate," which gauges the proportion of student loan borrowers who default within a certain time period after they leave college.

The change, proposed by Rep. Timothy Bishop (D-N.Y.) and Rep. Raul Grijalva (D-Ariz.), is designed to make the cohort default rate a more realistic assessment of how individual institutions (and lenders) are faring in keeping student borrowers on track to repayment, both to gauge students’ indebtedness and potential failure by colleges in ensuring that their students are getting an affordable and valuable education. read more

Trillion Dollar Bus

(Best Syndication) The people who face cash issues in their lives know the actual ups and downs that happen in life. Such a situation occurs in everyone's life. Also, everybody may not have an asset to act as a shield for bad times. So for such borrowers, there is an opportunity for borrowing money through unsecured loans which does not create any hassle for them.

With these loans easily available to be borrowed, the people who do not have any assets can also take up money for their needs easily. These include tenants and non-homeowners. Also, those borrowers who may be having assets to their name but are not willing to pledge them can avail money through this opportunity.

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