5 insider tips to get the best airfare every time

Jul 30th, 2015 Posted in Credit Card Comparison | No Comments »

Evolving technology and heated competition between the airlines have changed the game when it comes to how you should book your flights — that is if you want to save time and prevent hassles. Here are five new rules for booking flights.

The buy-on-Tuesday rule is a myth.

The idea that you can save money on plane tickets by purchasing them on Tuesday is one of “the most pervasive myths” around booking travel, says Dara Continenza, editor at flight research site Hopper.com. While “historically, there might have been some truth to ‘buying on a Tuesday’ when airline employees managed prices by hand and implemented decisions early in the work week,”...

Pre-Market News Analysis on: Dominion Resources, (NYSE:D), SLM (NASDAQ …

Jul 29th, 2015 Posted in Education Loans | Comments Off on Pre-Market News Analysis on: Dominion Resources, (NYSE:D), SLM (NASDAQ …

On Tuesday, Dominion Resources, Inc. (NYSE:D)’s shares inclined 2.18% to $69.33.

Dominion Resources (D) asked the Virginia State Corporate Commission (SCC) for a Certificate of Public Convenience and Necessity to build a $1.3 billion state-of-the-art natural gas-fired power station in Greensville County.

If approved, the high-efficiency, combined-cycle station would generate about 1,600 megawatts, enough electricity to power 400,000 typical homes during peak demand. Construction is planned to start next year pending SCC approval.

The station will have a low carbon intensity because it utilizes clean burning natural gas, combined cycle technology and best accessible...

Popular: A Debt Restructuring Would Be Positive In The Long Run (BPOP)

Jul 29th, 2015 Posted in Debt Restructuring | Comments Off on Popular: A Debt Restructuring Would Be Positive In The Long Run (BPOP)

Summary

  • Puerto Rico is stuck in a decade long internal devaluation.
  • Austerity isn’t going to help Puerto Rico pay off its debts.
  • A debt restructuring would help Puerto Rico become a tourism destination and grow its way out of debt.
  • Popular has enough capital to withstand a substantial debt haircut.

John Ninfo: Student loan debt back in the news

Jul 28th, 2015 Posted in Education Loans | Comments Off on John Ninfo: Student loan debt back in the news

Just so that you can be armed with the most recent statistics for that inevitable conversation as you head to graduation parties and other end-of-the-year events, everyone now agrees that the outstanding student loan debt is in excess of $1.2 trillion, and over 40 million Americans have student loan debt. In addition, the president of the National Young Farmers Coalition, Roger Johnson, recently said that the Class of 2014 graduated with an average debt of $33,000.

In 2010, when the Federal Family Education Loan Program was cancelled, all federally guaranteed student loans reverted back to the US Department of Education. At that time it was asserted...

Active Movements: SLM Corp (NASDAQ:SLM), 3M Co (NYSE:MMM), LinkedIn Corp (NYSE …

Jul 27th, 2015 Posted in Education Loans | Comments Off on Active Movements: SLM Corp (NASDAQ:SLM), 3M Co (NYSE:MMM), LinkedIn Corp (NYSE …

On Thursday, Shares of SLM Corp (NASDAQ:SLM), lost -5.58% to $9.30.

Sallie Mae, released second-quarter 2015 financial results that reflected a noteworthy enhance in net income from the year-ago quarter, primarily due to earnings-per-share contributions from a formerly declared private education loan sale. The company originated $384 million in private education loans for the quarter, and at June 30, 2015, the private education loan portfolio totaled $9.2 billion, a 24-percent enhance from June 30, 2014.

“This quarter marked Sallie Mae’s first, full year as a stand-alone company, and our results reflect the steady cadence of changes implemented and investments made...

Time for Debt Restructuring as Greece’s New Dawn Gets Brighter

Jul 26th, 2015 Posted in Debt Restructuring | Comments Off on Time for Debt Restructuring as Greece’s New Dawn Gets Brighter

The decision of the Greek referendum vote in no way creates a binary outcome. A majority no vote does not mean that negotiations with creditors cease and Greece must exit the EU and use of the euro.

Also, if the majority had voted yes, such an outcome would not have required that the countrys leadership accept whatever terms are dictated to them for a bailout to be continued.

In practical terms, the referendum is a sideshow with no legal standing.

The raging debate between Greece and all of its creditors has never been about whether or not Greece will default. It has always been about when it will default and on which terms (how big will any writedowns have to be and how the remaining...

Student Loans May Be Driving The Tuition Explosion

Jul 25th, 2015 Posted in Education Loans | Comments Off on Student Loans May Be Driving The Tuition Explosion

The surging cost of US college tuition has an unlikely culprit: the generosity of the governments student-aid program, a report by the Federal Reserve Bank of New York said.

Increases in federal loans, meant to help students cope with rising costs, are quickly eaten up by schools in higher prices, wrote David O. Lucca, Karen Shen and Taylor Nadauld.

Private colleges raise their tuition 65 cents for every dollar increase in federal subsidized loans and 55 cents for Pell grants given to low-income students, according to the report. College tuition has outstripped US inflation for decades.

The subsidized loan effect on tuition is most pronounced for expensive, private...

Don’t get left behind as supply chain management moves forward

Jul 25th, 2015 Posted in Cash Management | Comments Off on Don’t get left behind as supply chain management moves forward

“We see almost every week a new kind of supply chain finance initiative announced”, said Jaap Jan Nienhuis, Senior Consultant at Innopay and a recent presenter on supply chain management at FCIB’s International Credit and Risk Management Summit in Madrid. “There are a lot of new solutions, new companies, and new finance models that have emerged.”

Problematically for those wishing for more standard adoption, supply chain finance management comprises a small minority of the European market. Many companies remain unaware, unclear, or unsold on the value of supply chain finance programmes or the effect they can have on accounting and auditing.

If...

Anthony Preite To Retire After Nearly 50 Years Working For Economic …

Jul 24th, 2015 Posted in Get Home Loans | Comments Off on Anthony Preite To Retire After Nearly 50 Years Working For Economic …

A man who’s had a big role in growing Montana’s economy for nearly 50 years is stepping down. Anthony Preite has been involved in rural economic development here since 1968, and last week he retired as state director of rural development for the US Department of Agriculture.

Preite is a Treasure State native.

Born and raised in Havre, Montana, Preite says.

Preite worked for a number of local, state and federal economic development agencies. He helped a lot of people get home loans, and was instrumental in putting together financing for important projects that people mostly take for granted. Things like local drinking water and wastewater treatment plants....

Puerto Rico Seeks to Delay Payments on $72 Billion Debt Load

Jul 24th, 2015 Posted in Debt Restructuring | Comments Off on Puerto Rico Seeks to Delay Payments on $72 Billion Debt Load

Puerto Rico will seek to delay payments on the island’s $72 billion debt load for “a number of years” as part of a plan to bolster the commonwealth’s finances and revive its economy, Governor Alejandro Garcia Padilla said.

Officials of the US territory will develop a debt-restructuring plan by Aug. 30, the governor announced in a 21-minute televised speech Monday night. Minutes after he spoke, the island’s legislature passed a $9.8 billion budget for the fiscal year beginning July 1. About $1.5 billion, or 15 percent of the spending plan, will repay principal and interest.

“We won’t let the heavy burden of inherited debt send us to our knees,”...