Archive | July 29th, 2009

Credit Card Issuers Shift Rewards to ‘Platforms’

Posted on 29 July 2009

By multicard reward programs more choice is given to consumers, but at a cost.Before the recession, credit cardholders were happy to collect points just in order to get free gas or airline tickets. Today, the situation is different, however, consumers are willing to pick and choose where they want to spend their points…

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Home Equity Loan

Posted on 29 July 2009

Home equity loans allow a homeowner to borrow money by pledging their houses.Borrowers who want to borrow sort of large amount of money find the home equity loan to be suitable. It is a safe kind of loan for Lenders. Because no one can run with his house. So lender has a good chance to regain his loan amount.

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Fall in US Mortgage Applications As Refinancing Loses Steam

Posted on 29 July 2009

On Wednesday, data from an industry group showed that for the first time in four weeks, U.S. mortgage applications fell, this has happened due to a drop in demand for home refinancing loans as interest rates jumped up.Applications for loans…

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