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In an attempt to educate students about money management, the student Financial Wellness Peer Educators held a presentation Thursday on “Staying On Good Terms: Managing Credit and Debit.” The event was part of a three-week series of presentations on Thursdays at 5:30 to 6:30 p.m. at the University’s Wellness Center in Activities and Recreation Center. The purpose of this program is to help students manage money more effectively, with a …

…luding a “Chief Lending Officer” in charge of “all functions of AIFA relating to the development of project pipeline, financial structuring of projects, selection of infrastructure projects”; the “creation and management of a Center for Excellence to provide technical assistance to public sector borrowers in the development and financing of infrastructure projects”; and creation and funding of “an Office of Rural Assistance to provide technical a…

It’s one important thing people require most, a car. Without a car all of your world stops and you’re at the mercy of friends or public transportation. What exactly if you want a car your credit is detrimental? Is this in which you stop and quit hope? The answer then is no, even those with bad credit can acquire transportation. There are many lenders to choose from when trying to find anyone to finance an automobile as soon as your credit isn’t …

xt five years, without compromising on loan quality. Besides, when the economy is weak, the one thing that Americans still need is a car to get to a job. One can downsize to living with parents or roommates, but since public transportation is very weak in most U.S. cities, getting to a job (90% of employed Americans) requires one to have a car. Next, we estimate 2015E shareholders’ equity: As a sanity check, we estimate 2015E EPS using estimat…

…d a strong labor movement,” said Obama in Monday’s speech. But the car-centric story is, here, still the dominant one. And Obama knows it. His speech (not coincidentally, held in the GM parking lot in front of the Renaissance Center on Detroit’s riverfront) boasted of the turnaround in the American car industry under his tenure. “We stood by the auto industry and made some tough choices and now the Big Three are turning a profit and hiring new wo…

WASHINGTON (AP) — Consumers likely borrowed more in August with much of the increase coming from a rise in student loans.Borrowing increased by $8 billion in August, according to economists surveyed by Fact Set. The report will be released at 3 p.m. EDT Friday.In July, borrowing had risen by $12 billion, the biggest increase in more than three years. The strength that month was powered by pickup in auto sales which pushed auto loans higher. Ther…

Strike, maintenance shutdown hit Maruti; Hyundai bucks the trend The days of runaway growth in the auto market last year seem numbered, with two of the top three carmakers in the country — Maruti Suzuki and Tata Motors — reporting a drop in sales in June. Weighed down by a negative market sentiment because of rising fuel prices, higher borrowing costs and increased vehicle prices, the slowdown in sales last month confirms the trend of t…

…mer.It’s unclear whether the rule also will apply to so-called custom credit scores used for non-lending, such as renting an apartment or purchasing insurance, according to Chi Chi Wu, an attorney at the National Consumer Law Center in Boston. Landlords and insurance providers may use custom scores derived from credit reports, which may not be covered by Udall’s provision.Any lenders that use traditional FICO scores, such as student-loan companie…