Money Files

New Delhi, Nov 30 : General Motors India, a wholly-owned subsidiary of US-based General Motors Company, today said it has signed a Memorandum of Understanding with public sector lender Oriental Bank of Commerce to provide loans to both its wholesale and retail customers.

Credit card delinquencies have been running at all-time highs, tracking pretty close to the nation’s unemployment rate, at around 10 percent. Credit card companies are eager to cut some sort of deal, says Gail Cunningham of the National Foundation for Credit Counseling.

Geely, the Chinese carmaker tagged as the preferred bidder for Ford Motor’s Volvo unit, is seeking at least $1 billion in loans from Chinese banks to finance its $1.8 billion bid, sources said on Tuesday.

Many first-time homebuyers have already taken advantage of the $8,000 tax credit that began stimulating the struggling housing market in 2009.

Small manufacturers like Herb Trute, caught between extremely cautious bankers and automakers who need more parts, are struggling to get their businesses back on track after the recession.

Banks Rushing to Raise Rates and Fees before New Federal Guidelines on Credit Card Lending Go into Effect in February

You may save a few bucks on your next purchase, but it’s not worth the sky-high interest rates

This year and next, the federal government is offering homeowners a tax credit of up to 30% for windows and doors designed to make homes more energy efficient. Read more at www.WISHTV.com

It’s been a common news story over the past year: credit card companies aggressively raising interest rates and fees. If you make a mistake with your card, it will cost more dearly than ever.

RISMEDIA, December 1, 2009—Now that the first-time home buyer tax credit has been renewed and improved, it’s time for you to pick up some of this low lying fruit and to profit from it. Some agents report that up to 60% of their transactions this year have been these first-time tax …