Justin's Banking / Loans Blog April 2008 Archive

Candidates: How to Fix Mortgage Crisis
Need to pick the next president? You might want to watch how they handle the ongoing mortgage crisis. All three of the leading candidates have proposed solutions to ... Read More

Tuesday April 29, 2008 | permalink | comments (0)

High Yield Checking Deals
Ken from Bank Deals has a new website. As you may have guessed from the name above, you can search for high yield checking accounts small banks and credit ... Read More

Friday April 25, 2008 | permalink | comments (0)

ING Direct May Add Wire Service
ING Direct is changing the account agreement so that they "may" be able to offer wire transfers in the future. A wire transfer would zap your money to another ... Read More

Thursday April 24, 2008 | permalink | comments (0)

How Peer to Peer Lending Works
Peer to peer lending allows you to skip the bank and borrow from individuals. You can borrow from complete strangers or just use peer to peer lending services to structure ... Read More

Wednesday April 23, 2008 | permalink | comments (0)

Private Student Loans Drying Up
Getting a private student loan is tougher than Chemistry 101. Bank of America announced that they'll stop making private student loans, and others have been pulling out of the ... Read More

Friday April 18, 2008 | permalink | comments (0)

Banks Freeze Home Equity Lines
As the housing crisis deepens, some banks are freezing existing home equity lines of credit (HELOCs). They tell borrowers that there's no more money available. You might think that this ... Read More

Tuesday April 15, 2008 | permalink | comments (0)

More Dirty Laundry at the Bank
Another bank just revealed details about their subprime-related troubles. Wachovia is the latest to get 15 minutes of unwanted fame. The problem is largely due to their acquisition of Golden ... Read More

Monday April 14, 2008 | permalink | comments (0)

More Default on Loan Payments
Last week the American Bankers Association (ABA) announced that consumer delinquencies are increasing. In other words, we're not paying off our loans on time. The most recent data, from the ... Read More

Saturday April 12, 2008 | permalink | comments (0)

White House Details on Housing Fix
The White House plans to announce changes to a housing fix strategy today. The FHASecure program is the Republican answer to problems in the mortgage and housing markets. ... Read More

Wednesday April 9, 2008 | permalink | comments (0)

ING Direct - 9 Month CD at 3.25% APY
ING Direct raised rates on their 9 month CD today. Who knows why the 9 month product got singled out, but it's a pretty good deal for a CD ... Read More

Monday April 7, 2008 | permalink | comments (0)

Stimulus Rebates and Direct Deposit
If you want your stimulus rebate ASAP, you should use Direct Deposit. Payments via direct deposit are scheduled to come out in May (or 2 weeks after you file) ... Read More

Friday April 4, 2008 | permalink | comments (1)

Deposit Checks With Your Phone
Got a camera phone? If so, then you've got a check scanner. You can skip the trip to the bank and 'deposit' checks with just an image. ImageNet Mobile ... Read More

Wednesday April 2, 2008 | permalink | comments (0)

Lawmakers Progress Towards Housing Fix
Lawmakers today announced progress towards a housing fix that both parties can agree on. The Senate has gotten some bickering out of their system and they're ready to work ... Read More

Tuesday April 1, 2008 | permalink | comments (0)