Loans For Food

Loans For Food

Imagine going to the bank to apply for a loan, and you state that the purpose of the loan is to buy supper. Unfazed, the banker very courteously tells you, "That's fine, just sign the form. And by the way, you can take an additional amount for the new Anheuser-Busch beer which I am sure you and your friends will enjoy." The banker then whispers to you, "eeh, I know I am not supposed to tell you this, but you will be charged 20 percent annually and 30 percent for late payments." "That is just great", you say, and then take the money and walk out.

Sounds absurd, yet that is what actually happens every time one uses a credit card to buy household goods. Experts say that if you dont have the money to buy your basic essentials, you won't have it end-month. Robin Holland of Equifax, a credit reference bureau, concurs. If you dont have the money to pay for an item now, you probably wont have it after the credit-card bill arrives, he tells Equifax Website (EFX - news - people).

One may then ask, for what purpose are the credit cards? For Credit cards are very convenient when used with maximum degree of circumspection. Dont use it for impulse buying, and before you enlist for one, be sure to check out the minimum payment credit-card calculator which will show you how much you will end up paying if you pay only the minimum amount every month.

Loans For Food News

Sep

2010-09-08

Sep

CREDIT MARKETS: High-Grade Debt Surges Post-Holiday - Wall Street Journal

2010-09-07

CREDIT MARKETS: High-Grade Debt Surges Post-HolidayWall Street JournalIn leveraged loans, Advance Pierre Foods is in the market with $1.14 billion in senior secured credit facilities, consisting of a $75 million asset-backed ...and more »

Sep

Lisa targets loan sharks - Wigan Today

2010-09-08

Lisa targets loan sharksWigan TodayWIGAN'S MP launched a campaign to rein in legal loan sharks. She says pawnbrokers and pay day loans must be curbed to avoid Britain becoming a nation 'in ...and more »

Sep

US HOT STOCKS: Altera Active In Late Trading - Wall Street Journal

2010-09-07

US HOT STOCKS: Altera Active In Late TradingWall Street Journal1, as well as waivers on other loans, which the company said meant it was currently in full-compliance on its debt. It added that it "expects to comply with ...and more »

Sep

Pledges can't cover NASCAR Hall of Fame loans for long - Charlotte Observer

2010-09-07

Charlotte Business Journal (blog)Pledges can't cover NASCAR Hall of Fame loans for longCharlotte ObserverThe hall has 10 corporate sponsors: NASCAR Performance Group, Lowe's, Mars, Belk, Food Lion, Sunoco, Bank of America, Wells Fargo/Wachovia, ...Why Didn't I Follow Buffett into Wells Fargo in 2009 ?GuruFocus.comall 42 news articles »

Sep

Afghan police beat back mob of government workers at Kabul Bank branch - Washington Post

2010-09-08

Deseret NewsAfghan police beat back mob of government workers at Kabul Bank branchWashington PostFamilies often spend significant money on food and presents for the holiday. Abdul Samad, an employee of the Ministry of Rural Rehabilitation and ...Civil Unrest Around the Globe Just a Prelude of Worse To ComeCoin Update Newsall 188 news articles »

Sep

Police beat customers at crisis-hit Afghan bank

2010-09-08

Afghan security forces used batons on unruly customers scrambling to withdraw their savings on Wednesday from a branch of the graft-hit Kabulbank, the country's biggest private financial institution.

Sep

Business Briefs for Sept. 8

2010-09-07

The meeting is scheduled at the Holiday Inn on North Boulevard. If approved, the agreement will cover about 3,000 members of the United Food and Commercial Workers Local 400. Late last month, about 2,000 Kroger employees mostly in the Roanoke area agreed to ratify a contract with the grocery chain. ...

Sep

Daily Briefing

2010-09-08

Today's business news in brief

Sep

For Obama, a chance to focus on the economy

2010-09-07

In Cleveland, the president will roll out his plan to boost the economy and point up his personal struggles in an effort to emphasize that the economy is his administration's priority. When he rolls out a new plan Wednesday to boost the economy, President Obama will signal that he is making a long-promised pivot to jobs, a priority for both his party and his presidency that hasn't always seemed ...

Sep