Current News Articles-
New rules protect consumers from debt-relief scams -Sun, 05 Sep 2010
Consumers will be protected from debt-settlement companies that charge hefty upfront fees and make questionable claims, thanks to new government rules that take full effect in late October.
Debt Relief Companies Get Hit with New Government Rules -Sun, 05 Sep 2010
Debt relief companies are in hot waters, as new changes to the Telemarketing Sales Rule (TSR) will prevent them to charge upfront fees until they actually do something for the consumer, Wall Street Journal reported. The TSR provisions will be in effect beginning Sept. 27. Three rules apply: (1) debt relief companies are to let consumers know what will happen, (2) what it will cost, (3) and how ...
Banks Bought Bonds Amid Debt Crisis -Sun, 05 Sep 2010
A report from the Bank of International Settlement suggested that the European Central Bank inadvertently encouraged institutions to increase their risk.
Sorting Out Debt-Relief Promises -Sat, 04 Sep 2010
Consumers will be protected from debt-relief companies that charge hefty upfront fees and make questionable claims, thanks to new government rules that take full effect in late October.
UKDMO UK Regulatory Announcement: Issue of Debt -Tue, 07 Sep 2010
LONDON--(BUSINESS WIRE)--PRESS NOTICE RESULT OF THE SALE BY AUCTION OF £800 MILLION OF 0¾% INDEX-LINKED TREASURY GILT 2047 The United Kingdom Debt Management Office ("DMO") announces that the auction of £800 million of0¾% Index-linked Treasury Gilt 2047 has been allocated as follows:(Note: all prices in this notice are quoted in pounds and pence) 1. All bids which have been accepted at the ...
New rules restrict credit counselors -Tue, 07 Sep 2010
The North Platte Telegraph We've all seen the ads, we've received the phone calls. Buried in credit card debt? Want to settle what you owe for pennies on the dollar? Falling for the pitch of companies who promise to help you pay off your debt can cost hundreds of dollars and leave consumers facing the same amount of debt. It's called "front loading," and the Federal Trade Commission is going to ...
Forex: EUR/JPY plunges 140 pips to 107.00 session low -Tue, 07 Sep 2010
FXstreet.com (Barcelona) - Yen strength combined with Euro weakness on renewed concerns about Eurozone sovereign debt, has hammered the pair, which lost about 140 pips today so far, extending decline from Friday's high at 109.55 to a fresh session low at 107.00.
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