Big Financial Leaps For Small Enterprises

Forbes 2011 financial report came out with some very interesting news and surprising unheard of companies that really rocked the financial world. Many huge conglomerate companies that we all expect to really be on top of the financial reports were actually reporting slow lending, losses and basically overall poor results. Even with some of the poor and unexpected reports there was some interesting news that surfaced.

The Mexican billionaire Ricardo Salinas is considering bringing his micro-lending business to the United States where he will focus on lending to women. Salinas stated "Because 85 percent of women owned businesses can be considered micro enterprises that a well managed micro financing program would be a great asset. Personal Loans Pro is yet another surprise that hit reports primarily due to its diversity of providing nationwide assistance to people that have bad credit but their Online Personal Loans program is also designed to provide people with the best interest rates found nationwide. Providing nationwide services and instant online application processing definitely provides convenience and outstanding results.

Sunday November 23, 2014 Finance No Comments

California students illegally here could get school loans

SACRAMENTO — California public universities could lend money to students unable to take out federal loans because of their immigration status under a law proposed Wednesday.

The latest move to help California students brought to the country illegally as children, state Senate Bill 1210 would establish loan programs at the states two public university systems for students who have no access to the relatively low-interest federal student loans.

Initial funding for the California Dream Loan Program would be $9.2 million — $2.3 million from the universities and $6.9 million from the state, according to a news release from the office of the bills author, Senator Ricardo...

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Sunday, November 23rd, 2014 School Loans No Comments

7 money myths about millennials

Jerry Koch Photography/iStockphoto

By Valencia Higuera/GOBankingRates.com

Just about everyone has an opinion about the millennial generation, which includes about 80 million people born between approximately 1982 and 2002. And opinions arent all positive. If anything, millennials receive the baddest rap of all generations. Sure, theyre a diverse, social and tech-savvy generation. But at the same time, theres no shortage of stereotypes attached to these young adults. Theyre often described as pampered, lazy and entitled. And, with regard to personal finances, many believe millennials dont have...

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Sunday, November 23rd, 2014 Money No Comments

Traveling Credit Card Fraudster Pleads Guilty after Twin Falls Trip

BOISE o A Michigan man pleaded guilty to aggravated identity theft and credit card fraud after using counterfeit cards for purchases at Twin Falls stores.

Myron Pardon, 26, of Southfield, pleaded guilty Thursday in federal court, US Attorney Wendy J. Olson said in a news release. Pardon appeared before US Magistrate Judge Candy W. Dale at the federal courthouse in Boise.

Pardon, co-defendant Brandt Stewart and others were part of a Detroit group that came to southern Idaho in December 2013 and February 2014 to make purchases at box stores using counterfeit credit cards, according to the plea agreement.

Pardon used the counterfeit cards to buy general-use charge cards at 10 stores...

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Sunday, November 23rd, 2014 Charge Cards No Comments

About to turn 3, ‘Lilyhammer’ might just be the future of TV

Of course, the Lillehammer in which he arrives under a new identity as Giovanni Johnny Henriksen is far from the postcard version shown in network-TV Olympics coverage.

Think Northern Exposure, the 1990s CBS series that starred Rob Morrow as a New York-loving Columbia Medical School graduate sent to Cicely, Alaska, to work off his school loans. I loved that series for its wise exploration of Jewish identity, but it never worked on as many levels as Lilyhammer.

The fundamental joke of Tagliano basing such a life-changing decision on the postcard-perfect lies of TV is yet another bit of clever cultural criticism this one of American TV and its audience, the way it sells...

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Sunday, November 23rd, 2014 School Loans No Comments

Lloyds Agrees to Sell European Property Loans for $387 Million

Lloyds Banking Group Plc (LLOY) agreed to
sell European real estate loans for about 235 million pounds
($387 million) to an affiliate of hedge-fund operator Marathon
Asset Management LP as the bank disposes of non-essential
assets.

The loans have a face value of 494 million pounds, Lloyds,
the UK’s largest mortgage lender, said in a statement today.
The sale won’t have a material impact on the bank due to earlier
loss provisions taken against the assets, it said.

Banks and other European lenders are selling real estate
loan books and properties as they repair balance sheets damaged
during the financial crisis and try to conform...

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Sunday, November 23rd, 2014 Property Loans No Comments

Program pays off school loans

Because of this attitude, the US government was willing to help her. After she enrolled in the National Health Service Corps, the government paid off more than $100,000 of her school loans.

Levine, 32, a native of the Chicago area, has worked since August for Community Health Services, a community health clinic in Fremont that opens its doors to everyone, regardless of ability to pay. Before coming to Fremont, she worked five years for a community health center in Wisconsin.

She said she feels good about helping people who come in with a toothache or who have lost a front tooth.

“You literally are putting smiles back onto people’s faces,” she said. “I...

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Saturday, November 22nd, 2014 School Loans No Comments

Industrial Bank Halts Property Loans, Securities News Says

Industrial Bank Co. (601166) suspended loans
to some Chinese property developers and tightened lending to
real estate-related industries including steel and cement,
Shanghai Securities News reported.

Industrial Bank issued a notice before the Chinese Lunar
New Year to suspend mezzanine financing and supply-chain
financing in the real estate sector until the end of March,
according to the report, which cited an image of the notice
circulated online. China’s Lunar New Year holiday began Jan. 31
this year. A press officer at Fuzhou-based Industrial Bank said
he couldn’t immediately confirm the notice.

Shares of property developers...

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Saturday, November 22nd, 2014 Property Loans Comments Off

Is Your Doctor Taking Money from Drug Companies?

In a recent TEDMed talk, medical professional Leana Wen got into the startling lack of transparency between doctors and patients. Right now, doctors don’t have to tell you if they’re taking money from drug companies. Here’s how to find out whether your doctor is getting big pharma money.

In her talk, Wen shares the story of how her mother, who was undergoing chemotherapy, accidentally discovered that her doctor was on a drug company’s payroll. The same company that made the chemo drugs she was taking. The discovery led Wen and her mother to question whether these were the right drugs. And the experience led Wen to question what our doctors should be disclosing...

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Saturday, November 22nd, 2014 Money Comments Off

I’m a Registered Nurse But School Loans Are Killing Me

Huffington Post Reader Question

Dear Steve,

I went back to school to earn my Registered Nurse License. Took out huge loans for school that I can not pay back at the moment.

As a new grad, it took me almost 2 years to finally find a job. I have been working as extra help/on-call for approx 9 months now and was told I will possibly be cut off from work in mid sept, due to budget cuts. But, also need to act upon this dark cloud over me..DEFAULTED LOANS!!! pls help

Private school loan defaulted to third party(chase recovery payment). Third party offered a written settlement(on papaer) Of $38, 000..I pay 6,000.= zero balance owed. Is this real?

Federal school...

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Saturday, November 22nd, 2014 School Loans Comments Off

Saving Thanksgiving? To shop or not to shop

Remember back in the day when shopping malls were ghost towns on Thanksgiving? Its getting more difficult to remember those days, as more major retailers open on the formally forbidden holiday.

Many people have watched this holiday creep with dismay and disappointment. One local group is trying to rally shoppers to put down the charge cards on Thanksgiving Last year, Ruth to the Rescue highlighted the battle. Retail employees talked about the toll the new policies take on their families, and Annie Zirkel of Ann Arbor told us about her Save Thanksgiving Pledge on Facebook.

In 2014, it looks like many retailers are headed in the opposite direction. Target, JC Penney, and Macys...

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Friday, November 21st, 2014 Charge Cards Comments Off