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BBB: Secured credit cards can help rebuild credit

The Better Business Bureau of Acadiana is offering up some suggestions for those trying to rebuild bad credit as a result of financial difficulty or no credit for consumers such as recent college graduates.According to BBB Accredited Business nerdwallet.com of San Francisco, a good secured credit card can be a lifeline for those with bad […]

Magnolia conference will target small business development

The 2015 Southwest Arkansas Rural Business Enterprise and Development Forum will be held Saturday, January 31 in Magnolia. The Arkansas Human Development Corporation will host the forum, which is funded by the United States Department of Agriculture, Rural Development. Support and growth of small businesses in the southwest region of the state is the focus […]

Citizens Financial Earnings Rise on Loan Strength

Citizens Financial Group Inc. reported a 30% increase in fourth-quarter profit as strength in retail and commercial loans pushed up net interest income for the regional lender. The Providence, RI, firm that sold shares to the public in an initial offering late last year earned $197 million in the December quarter, up from $152 million […]

Bad bet: Caesars unit set to file for bankruptcy

Caesars Entertainment Corps operating unit will file for bankruptcy on Thursday in Chicago to carry out a $10 billion debt-cutting plan, according to a court filing by the largest US casino company. Some creditors of the operating unit, which runs 44 casinos, have filed an involuntary bankruptcy petition in Delaware this week. They asked the […]

How to Pay Off $10K in Debt Without Breaking a Sweat

Are you tired of paying credit card bills for things you no longer own? Do you wish you had an extra $200 in spending cash rather than a car payment? Does it depress you to think you might be among the┬ápeople who end up dying in debt? It doesn’t have to be that way. 2015 […]

Post-bankruptcy, new Specialty Hospital of Washington owners replace …

Specialty Hospital of America Washington-Hadley and Specialty Hospital of Washington-Capitol Hill, shown here. In addition to nursing homes, the facilities house the city’s only two long-term acute-care hospitals. Post-bankruptcy and sale of the hospitals, the top management team at the hospitals is being replaced by a new team of executives set to take over later […]

Apollo’s Caesars Bankruptcy Bet Needs to Pass Fairness Test

Billionaire Leon Black will have to convince most creditors of Caesars Entertainment Corp. (CZR) that his plan to save the value of his stake in the Las Vegas casino company is fair. That’s the rule in bankruptcy court, and it won’t be easy to do now that lower-ranking creditors have sought to push Caesars into […]

6 ways to build credit without a credit card

Whether youre new to using credit or have made a few dire credit mistakes in the past and need to rebuild, growing a robust and positive credit historycan dictate the interest rates youre offered when financing a big-ticket purchase, like a car or home, or whether you can obtain a loan at all. Generally, shoppers […]

Vigilance Is Key in 2015

With another slate of regulations expectedthis year, keen vigilance will be needed to ensure against unintended consequences that negatively impact credit unions.Since the implementation of the Dodd-Frank Act in 2010, we have lost over 1,000 credit unions.In the past year, we lost over 270 credit unions. Last year, NAFCU was steadfast in drawing attention to […]

Atlanta REIT buys Back Bay office for $152M

Atlanta-based Columbia Property Trust (NYSE: CXP) has bought a 274,000-square-foot Class A office property in Bostons Back Bay for $152 million. Columbia (NYSE: CXP), which bills itself as one of the largest office real estate investment trusts in the country, acquired 116 Huntington Ave. from Broadway Partners. Broadway had owned the 15-story tower since May […]

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