Hipmunk Releases Money-Saving Advice for Thanksgiving

Looking to save on airfare and hotel rooms for Thanksgiving?

Well, according to money-saving travel company Hipmunk, you should book your flight now and make hotel reservations in November. It could save you nearly $200.

It should come as no surprise that waiting to book your flight is asking for trouble. According to Hipmunk, those who book before Labor Day spend $424 on airfare on average. Thats compared to the $561 travelers have to cough up if they wait until after that time.

But, on the flip side, it pays to wait to book hotel reservations, as the company suggests. Last year, those who booked a hotel room in August paid an average rate of $177. Those who booked in November...

Leave a Comment August 30, 2014

Julys jaded credit

For private sector credit supply, July has been the month of autumn. Never ever has July seen a positive net credit supply–not at least since the central bank started disseminating monthly credit data, going as far back as FY07: July, thus, was no different!

Given their respective business cycles, textile, food, and commerce segments–whose combined outstanding loans are about 42 percent of the total–usually see a month-on-month fall in net credit off-take. And again, last month was not different.

But, what made July 2015 different was the magnitude of net retirement. Central bank data show that loans to private sector businesses dropped 1.37...

August 30, 2014

MicroBilt Announces Appointment of Sheri Jouas to Vice President of Sales

Kennesaw, GA (PRWEB) August 19, 2014

MicroBilt Corporation, a leading provider of alternative consumer credit data for risk management is pleased to announce the appointment of Sheri Jouas as Vice President of Sales. Sheri is an accomplished leader in the Accounts Receivable Management and financial services industry with over 25 years of experience. Throughout her career, Sheri has positively impacted organizational performance through new business development and continual operational improvements. Her wealth of knowledge in receivables management, coupled with MicroBilt’s unique brand of data and analytics is a powerful combination.

Ms. Jouas will be responsible...

August 30, 2014

Back-to-school money-saving tips

Back-to-school money-saving tips

Before you go shopping, take inventory of what you already have. Believe it or not, rummaging around in your drawers, cabinets and garage can, by far, save you the most money.

August 29, 2014

MBSB pre-tax profit rises by 16.5%

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) pre-tax profit rose by 16.5% to RM310.90 million for the second quarter ended June 30, 2014 from RM247.59 million in the corresponding period last year.

The revenue was higher at RM672.08 million from RM614.30 million registered previously.

In a filing to Bursa, chief executive officer Ahmad Zaini said despite a tough market, MBSB delivered a steady underlying performance with growing profits, improved revenue and quality assets.

Our entire core business contributed to this result and the performance was primarily driven by retail segment and supported by the increase in corporate business assets, he said.

For the first...

August 29, 2014

Meet Four Business Owners Squeezed by Operation Choke Point

With no explanation, Brian Brookman last month lost the bank account for his pawn shop.

He had no idea why. Brookman says his store in Grand Haven, Mich., never had been in trouble with federal or state officials. And being in the pawn industry, he was required by law to get a city license every year.

“If there was ever a problem, they wouldn’t renew my license,” Brookman, a former police officer and Army veteran, told The Daily Signal.

After researching his case on the Internet, Brookman says he concluded that his banker, JP Morgan Chase, closed the account because two of his business activities dealing in vintage coins and selling firearms...

August 29, 2014

Is short-term lending worth considering?

Interested in boosting your bottom line, expanding your client base and strengthening your service offering?

If you are, you might find that diversifying into the growing market of short-term lending is as opportunistic as it is lucrative.

Globally, short-term lending is a growth industry. Short-term loans provide an often crucial cash injection to enable businesses to expand and/or bypass cash flow issues, such as paying creditors, purchasing stock, paying the ATO and GST, providing working capital or bridging finance.

Here are 10 reasons brokers should consider branching into the short-term lending market:

1) Revenue: Short-term lending creates an alternative...

August 28, 2014

Credit cards best for travel and money-saving exchange tips

Then you step off the plane and realize you forgot about the currency; youre only carrying US dollars. Fortunately, the airport has a currency exchange.

Unfortunately, in many places the US dollar isnt as strong as the local currency, which means the money you brought with you isnt going to go as far as you thought. Even worse, not every place gives you the same exchange rate, and some will tack on extra fees.

If you arent careful, youll watch your vacation money dwindle before your eyes. Thats why planning ahead is crucial.

Here are some tricks that will help you get the best exchange rate so you can use every cent of your hard-earned money enjoying your vacation.

Next...

August 28, 2014

US Bank Corp Published Same Mortgage Interest Rates on August 12, 2014

This Tuesday, the interested home buyers are not presented with any reason to prefer any other banks over and above US Bank Corp (NYSE: USB) when it comes to ideal home purchase mortgage deals. As per the new mortgage information made available by the bank on August 12, 2014, the benchmark 30 year fixed mortgage interest rates are holding firm, in comparison to the figures quoted yesterday.

Today, the standard, long term, 30 year fixed rate mortgage home loans are coming out of US Bank Corp at an interest rate of 4.500% and an APR yield of 4.673%. In the short term lending section, the mortgage shoppers can spot the 15 year fixed rate home loans being traded at a lending rate of 3.500%...

August 28, 2014

Time for RBI to cut interest rate: Anand Mahindra

New Delhi: Lauding RBI for doing a brilliant job with controlling inflation and stabilising the rupee, leading industrialist Anand Mahindra Sunday hoped the central bank will cut interest rate as the economy has stabilised.

Now he (RBI Governor) has some breathing space, where the fuel price index would go down. So, in the next few months, if this situation continues, forex inflows are strong, IIP goes up, inflation is abetting, fuel prices are going down…This is the time now (for RBI to cut rate), he said in an interview.

Wholesale Inflation dipped to a five month low of 5.19 percent in July. At the same time, rupee has been trading at around 61 against a dollar from all-time...

August 28, 2014

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