Banking Rates, CDs, Mortgages

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bank

Be careful, choosing the best bank account. If you want to survive the current economy you need to stay up-to-date, especially with the banks news. While Bank of America announced ...

Offshore banking

Specialists can find many criteria that differ onshore and offshore banking. Even if they all have their own characteristics and benefits, one of them will be better than the other. ...

Banking aspects

Bank factoring usually means the process in which a bank purchases the receivables account of a company rather than lending against them. A lot of major banks and an increasing ...

Internet banking

In a world that has become so dependent on the Internet, more and more transactions are conducted from laptops and salons worldwide. And now you have a great opportunity to ...

Archive for May, 2011

30 May 2011
Posted by Joseph Lowrie

Hudson City Savings Bank is continuing its rate-cutting ways, having just reduced the return on its money market accounts for the second time in less than a month.

That has sent the New Jersey bank sliding down our rankings of the best nationally available MMA rates.

Hudson City and AmTrust Direct had shared the lead from mid-February through early May, offering savers a top return of 1.25% APY.

Read more…

30 May 2011
Posted by Alexis Del Fabbro

There are a number of instances where people seeking bankruptcy consultation have ended up being unsuccessful in their attempt of regaining control over their finances with the help of debt management companies. In majority of the cases, these people find themselves in deeper troubles with an increase in the amount of debt; all these after paying a hefty amount to the debt management companies as fees.

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27 May 2011
Posted by Alexis Del Fabbro

At the end of each month you might frequently get amazed at how much you have spent on shopping. Although you try to keep in mind to economize your budget, you find yourself unable to do so. This is perhaps because you do not go about the task of saving money in a planned manner. You should plan a budget after taking into consideration various factors. Here are 5 shopping tips that will help you reduce your monthly expenditure.

1. Compilation of necessary items- You should first and foremost list down the items that you need to buy as a necessity, keeping in your mind your budget constraint.

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27 May 2011
Posted by Admin

Credit card debt problems are actually quite common these days, especially after the recent economic and credit crisis hitting the country. If you are facing problems repaying your credit card debts, you are actually not alone. What’s important is that you take the necessary steps to get out of credit card debts safely and beneficially.

There are a lot of repayment solutions you can use to help you get out of credit card debts. You can use debt consolidation to join the credit card debts into one affordable secured loan or use debt management plan to help you repay them gradually. B Read more…

26 May 2011
Posted by Christian Bowles

Many life cover policies include valuable options that allow the amount of cover to be increased if certain events occur. The increases can be made without having to provide further details of health.

Life cover offers financial peace of mind by paying out a lump sum if the person covered dies or is diagnosed with a terminal illness. These funds can be used to help secure the finances of their nearest and dearest or to pay off debts such as a mortgage.

A life cover policy will usually include increase options for anyone who, when they take out the policy, is under a certain age, typically 50, and in a good state of health.

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22 May 2011
Posted by Alexis Del Fabbro

Yesterday was a historic day for social media companies. LinkedIn became the first social media company to go public and trade on NYSE. Although I find LinkedIn a very useful tool and believe it has some potential, the valuation is well in the bubble territory. The IPO was set at $45, but it started trading over $80 and closed just above $94. LinkedIn’s closing price gives the company a market cap of over $9 Billion, which is equivalent to over 37X revenue and over 590X earnings of 2010 (15.4Million earnings on $243Million revenue). I

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20 May 2011
Posted by Joseph Lowrie

There’s been little excitement in 36-month CD rates since Quaint Oak Bank popped in and out of the top spot more than a month ago.

The current 36-month leader on our CD Rates Leaderboard?

Who else, but Melrose Credit Union.

The New York City-based credit union is back on top with its ever-steady 2.17% APY with a $5,000 minimum deposit. (Quaint Oak now offers 1.80% APY with a $500 minimum deposit, four-tenths of a percentage of a point less than its final leader rate.)

Tennessee Commerce Bank has been just behind Melrose since March 2. T

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18 May 2011
Posted by Christian Bowles

Southeast Financial Credit Union is still pushing for their best interest rate certificate of deposit. This money in the bank deal currently has the highest interest rate on their short term and long term CD’s. The following are the credit union’s current certificate of deposit rates:

Short term CD
3 months 0.75% APY
6 months 1.00% APY
1 year 1.30% APY
18 months 1.40% APY
2 years 1.50% APY

Long term CD
30 months 1.65% APY
3 years 1.75% APY
4 years 2.00% APY
5 years 2.10% APY

For you to take advantage of this best certificate of deposit rate you need to deposit a minimum of $500 to open an account. If

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