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ratetake's Articles in Finance

  • Recession Deepens
    Another disappointing day on Wall Street led investors to 200 point loss. With no signs of recovery stocks are expected to continue its decline for a few weeks.
  • Treasury Turns Against Buying Bad Mortgages
    Treasury will not longer purchase bad mortgages from banks after all. Treasury Secretary Henry Paulson backed away from the long time awaited plan and suggested that Treasury will inject more capital into financial institutions.
  • Why America Turned on Credit Cards
    Banks are tightening even more on their lending practices from home mortgages to credit cards and business loans.
  • Full moon for credit card crises
    Credit Card delinquencies may be the next slump in U.S economy but it may not be as severe as mortgages.
  • Fears of Global Recession
    Wall Street remained tense as fears of global recessions are on the loom. Even Fed policymakers are saying the economy appears to be in a recession.
  • Suckered Up Oil & Easy Credit Is Over
    As oil prices came close to $140 a barrel this summer, many analysts predicted that oil would come close to $200. Where did the oil go now?
  • Fear on Wall Street Let's Dow Plunge More Than 600 Points
    No matter where you look today, money are problem. Investors do not want to invest due to risk of volatility and sellers are everywhere. Fear is still spreading on Wall Street and seems like it is not going away any time soon.
  • Credit Crises Take Dow Plunging More Than 300 Points
    Wall Street suffered another hit today taking Dow Jones more than 300 points. Many investors saw lack of confidence between each other and there were very little number of buyers.
  • Weird Things People Insure
    If you thought about what types of insurance you have, you could probably only think of a few. If you're lucky, you have health insurance, life insurance, homeowner's, car, and maybe one or two other insured things. Most people don't know it, but you can get insurance on some pretty off-the-wall things.
  • Fuel Prices and Credit Crisis
    The credit crisis has been going on for some time now. To put the crisis simply, banks encouraged potential homeowners to purchase above their heads, and now the owners are falling desperately behind on their mortgage payments.
  • The Dollar and the Gas Prices
    One often wonders how today's economy affects the all might dollar. The truth is that most people have a hard decision to make about where to spend the dollar. The gas prices have risen above $4 a gallon leaving many people without other things they need to live.
  • Will I Need to Pay Taxes on the Debt That is Forgiven by Creditors?
    One main question that many people have on their minds regarding debt and debt relief is how such programs will affect their taxes and the money that they owe to the federal government. Individuals who are granted pardons for the money that they owe will need to be aware that it is possible that they will need to include their debt as taxable income for the federal government in the United States of America.
  • How is My PayDay Loan Amount Determined?
    There are many situations where individuals need financial assistance, either for a long period of time or just a short period of time. PayDay loans are designed in order to help people who need short-term financial assistance. Applicants may be able to receive short-term loans which are designed to be paid back by the time the applicant receives their next paycheck. Different individuals need different amounts of money based on their own individual needs and priorities.
  • It's the Best Time to Buy or Build the Home of Your Dreams
    With all the news lately about the housing crisis, the falling dollar and the sub-prime mortgage mess you'd think this would be one of the worst times to consider taking out a mortgage to buy or build the home of your dreams. In reality, this is one of the best times in years to be able to take advantage of lower home prices and the falling cost of construction materials as the housing market cools.

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