Greek politics bring perils to American economy

Thursday, December 29th, 2011

It’s strange but true that Greek politics still seem to keep connections with the American economy. In fact, this has perplexed plenty of American economic experts and has even affected the interest rates, money market accounts, savings accounts and even CD rates. Although many Americans are not having issues with their personal finances, Greek politics have brought unpleasant aftereffects in the American economy. As per history says, there were fears …

December 29th, 2011


Credit Union at L.A. offers a Checking Pay of 1.26%

Friday, December 23rd, 2011

Consumers with checking account are in for a new turn of events, as new beneficiary aspects ate developed with the account type for ensuring grater convenience. The F&A Federal Credit Union housed in Monterey Park, California has considered extracting the best aspects of checking and savings account in developing a highly profitable eChecking account. The development of this particular type of checking account by F&A has dislodged the ideas of …

December 23rd, 2011


US treasury bills bring smiles for money marketers

Sunday, December 18th, 2011

The previous week has brought signs of happiness for the American economy. The US Treasury bills hitting a record have finally fetched bright rays of hope for the buyers to fight against the European debt crisis. The miracle took place especially after the stringent warnings from several economic experts that the debt crisis in Europe can bring down the credit ratings of near about 15 euro zone countries. According to …

December 18th, 2011


Credit Card Rates Leads to Credit Card Raise

Monday, December 12th, 2011

The increased rate in credit card bills made people think that regardless of how they would like to settle for their credit card bills, they can never make their bills zero since the credit card companies will continuously increase the rates that they impose on them. Lots of banks today are continuously raising the card holder’s rates and this is based on the overall credit. Experts says that if you …

December 12th, 2011


Can US CD rates bring smiles for the US investors

Thursday, December 8th, 2011

Banks in the United States operate under the guidelines set by the US Federal Reserve. Working under the cap of PLR or Prime Lending Rate, the banks in America draw their earnings by accumulating high APY interest rates on loans than on CD rates. The comparison is drawn based on the same tenure and preliminary date considerations in respect to the loans as well as the CD rates. As a …

December 8th, 2011


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