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March 2016

Charge Card Rates ‘Don’t Appear Reasonable’

The Reserve Bank cut the Official Cash Rate (OCR) to 2.25 percent recently. Drifting mortgage rates with the primary banks are now below 6 percent, with some fixed rate home mortgages simply over 4 percent. Charge card rates, however, have actually hovered around the 20 percent mark for a number …

Attention Online Loan Shoppers, There’s Now A Place To Take Your Gripes

Consumers with grievances about firms providing person-to-person loans can now register their annoyance with the Consumer Financial Defense Bureau, the federal regulator announced this week. The watchdog likewise published a customer publication with basic details about the P2P loaning industry, likewise knowncalled marketplace financing. “When consumers shoppurchase a loan online …

Cost Of Insurance Is Holding Back Vehicle Sales

Carzone.ie has actually launched the sixth edition of its Motoring Report. The bi-annual index research studies trends in the Irish car market by analysing data from the 111-million searches carried out on Carzone.ie over the past 12 months, along with an in depth study of 1,700 Irish vehicle drivers nationwide. …

3 Financial Services Stocks Dragging The Market Down

One from the 3 significant indices are trading lower today with the Dow Jones Industrial Average ( ^ DJI) trading down 26 points (-0.2 %) at 17,225 as of Wednesday, March 16, 2016, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,758 issues advancing vs. 1,148 declining with 164 …

Russia’s Kurganmashzavod Declare Bankruptcy

YEKATERINBURG, Russia, Feb. 10 (UPI)– Russian infantry battling car maker Kurganmashzavod has actually filed a bankruptcy petition with the Kurgan Arbitration Court. Kurganmashzavod, likewise described as KMZ, is Russias only enterprise that produces infantry combating automobiles. Russian state-owned news outlet Tass reports KMZ struck an earlier agreement with MTE Group …