ComputerworldEllison sings a new tune: Oracle hardware is cheapestComputerworldNetApp, Red Hat, Hitachi Data Systems and IBM have made Cisco UCS the “system of choice” for their integrated infrastructure offerings, it said. “Oracle has a lot of catching up to do. Ellison also announced updates to the Oracle Database Appliance …and more »
The Pros & Cons Of Personal Loans vs. Credit CardsInvestopediaPersonal loans carry the highest interest rates of most any classification of loan, because they’re typically unsecured. With no collateral to take possession of should you fail to pay back the money, a lender has little choice but to charge high …and more »
The Pros & Cons Of Personal Loans vs. Credit CardsInvestopediaPersonal loans carry the highest interest rates of most any classification of loan, because they’re typically unsecured. With no collateral to take possession of should you fail to pay back the money, a lender has little choice but to charge high …and more »
USA TODAYDelamaide: Consumer agency sees inequality in creditUSA TODAYWASHINGTON — Low-income families, particularly blacks and Hispanics, are disproportionately excluded from access to credit because they don’t exist for the three credit reporting agencies. A new report from the Consumer Financial Protection Bureau …Study Shows Millennials Pose Less Credit Risk than Gen Xers or BoomersThe MReportall 16 news articles »
Citywire.co.ukBankrupts could be forced to use pensions to repay debtsCitywire.co.ukOlder people in serious debt could be forced to use their pensions to pay back loans if a court case rules new pension freedoms give insolvency services greater access to an individual’s assets. Pension freedoms introduced in April that allow … She …
The Australian Financial ReviewHow to make the most of low interest ratesThe Australian Financial ReviewBT’s Mr Simon points to the danger of assuming rates will stay low for the long term. Just as the major banks are subject to stress tests to see how many borrowers could continue to make repayments at higher interest rates, he advises home loan …
MainStreetPresidential Candidates Court Student Voters: Now, About Those Student LoansMainStreetNEW YORK (MainStreet) — If Baby Boomers and the younger contingent of Millennials—the 18-to-24 crowd-were lumped together, they’d be roughly one-third of the U.S. Population. Boomers comprise 76.4 million people with the 18-24 Millennials making …
NerdWallet Secures $64 Million in Series A Funding to Transform Personal …PR Newswire (press release)By balancing personal finance in favor of the consumer, the company aims to provide economic well-being for everyone. When combined with existing cash reserves and a $33 million flexible loan facility from Silicon Valley Bank, the funding gives …and more »
Bloomberg ViewNomura and RBS Told a Few Mortgage FibsBloomberg ViewAs for the loans being bad, Judge Cote concluded that the originators from whom Nomura bought its loans pretty much ignored their own underwriting standards — “Measured conservatively, the deviations from originators’ guidelines made anywhere from 45 …and more »
Daily MailWhy homebuyers face a tough springDaily MailEven with low rates, rising home prices and stagnant wages have made it tougher for many people to save for a down payment. Many buyers are choosing adjustable-rate mortgages, which accounted for 16 percent of all home purchase loans so far this year, …and more »