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April 21st, 2012

American Debt

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The Complete Idiot s Guide to Getting Out of Debt - only $13.22
Many people are in deep and need help. Borrowing from Peter to pay Paul? The American economy is dragging, with unemployment rates rising and consumer debt hitting $2.5 trillion. Here, a Certified Financial Planner explains the mathematics of debt; strategies to deal with credit card, mortgage, student, and other loans; why debt consolidation and taking loans from a 401(k) can lead to problems; truths about bankruptcy; and how to use debt while eliminating it.. »

Selected News

American Express to buy GE unit for $1.1B (USA Today)

American Express (AXP) said Thursday that it agreed to acquire Corporate Payment Services, a commercial credit card and corporate purchasing business, from General Electrics (GE) GE Money unit for $1.1 billion in cash. Read more

American Express Buys GE Card Unit for $1.1 Billion (Update2) (Bloomberg.com)

March 27 (Bloomberg) American Express Co . agreed to buy General Electric Co. s corporate chargecard unit for $1.1 billion in cash to expand lending for business customers. Read more

UPDATE: GE Reaches A Pair Of Deals With American Express, Santander (Nasdaq)

LONDON (Dow Jones) General Electric Co. reached separate deals Thursday with American Express Co. and Spains Banco Santander, getting $1.1 billion in cash and an Italian banking operation in return for selling its corporate card business and various European personalfinance units. Read more

UPDATE: American Express To Buy GE Money Unit For $1.1 Billion (Nasdaq)

American Express Co. (AXP) agreed to purchase General Electric Co.s (GE) GE Moneys corporatepayment services, which provides commercial payment and purchasing cards to corporations, for $1.1 billion. Read more

Peru Plans to Reduce Debt to Earn Investment Grade (Update1) (Bloomberg.com)

March 26 (Bloomberg) Perus government aims to aggressively reduce foreign debt this year in a bid to earn an investmentgrade credit rating, Finance Minister Luis Carranza said. Read more

Peru Plans to Aggressively Cut Debt to Earn Investment Grade (Bloomberg.com)

March 26 (Bloomberg) Perus government aims to aggressively reduce foreign debt this year in a bid to earn an investmentgrade rating, Finance Minister Luis Carranza said. Read more

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