CNONGD

Finance, Credit and Loan Information

May, 2016

Supreme Court: concealment sufficient for bankruptcy fraud

[JURIST] The US Supreme Court [official website] ruled [opinion, PDF] Monday in Husky International Electronics, Inc. v. Ritz [SCOTUSblog materials] that actual fraud, as it relates to the discharge of debt under the bankruptcy code, may be committed by purposeful concealment and does not require overt misrepresentation. Overturning a ruling [opinion, PDF] by the US […]

The Wall Street Journal: LendingClub under fire for close ties to outside fund

LendingClub Corp. LC, -0.49% and its own leader spent huge amount of money within an exterior account simply to enhance interest in the organizations loans at the same time of industry tension, people acquainted with the problem stated. Subsequently-boss Renaud Laplanche recommended the expense in Cirrix Money gas, a vital client for LendingClubs loans, at […]

Five NH businesses file for bankruptcy in April

There was drop in the number of New Hampshire individuals filing for bankruptcy in April, but there was a big increase in bankruptcies due to business-related debt. After a sharp uptick in March, total bankruptcies fell again in April. Some 188 families and businesses filed for protection, 29 fewer than last month and 11 fewer […]

Tips for Finding Best Private Party Auto Loan with Bad Credit

“It could be easier to secure the best private party auto loan online if you follow some simple guidelines. Here is some vital information relating to the same which you may find useful during your effort.” 5 Important Tips for Getting Private Party Car Financing Even with Bad Credit Score If you are on the […]

Does filing bankruptcy make sense for your situation?

ARE your debt problems keeping you up at night and causing a lot of stress in your life? Have you thought of filing bankruptcy but can’t decide whether it’s the smart thing to do? When no other means of debt relief are available, filing for bankruptcy may be the only way to get out of […]

Bankruptcy Counseling: What It Is, What to Expect

Declaring Chapter 7 or Chapter 13 bankruptcy is no small decision, but it may be your best debt relief option if you see no clear route to paying off what you owe within five years. Bankruptcy is a long, complicated process; just filing can take months to complete. The federal government requires two sessions of […]

The Debt Panel: UAE resident earning Dh15,000 left counting the cost of bad credit score

I had Dh120,000 debt and have just paid off two three-year loans. Now I am now focusing on the remaining amount of Dh60,000, which is on credit cards. However, due to a struggle over the last three years, with late payments, returned cheques (all paid in the end) I apparently have a bad credit score. […]

NYC Opera announces 1st full season after bankruptcy

Fallujah, about a Marine who returned from the Iraq war, had its world premiere this March at the Long Beach Opera and will come to New York in November. Candide will be directed in a new staging next January by Harold Prince, who also was in charge of the works first expanded opera house production […]

Credit Repair Beware – How to Fix a Bad Credit Rating without Paying High Fees

Q: A few years ago my partner and I ran into financial trouble when we both lost our jobs. We got behind on household bills, borrowed money from our parents, and lived on our credit cards until they were maxed out. While we’re both back to work now, have paid our parents back and our […]

Debunking Bad Credit Myths: Small Business Borrowers vs. Lenders

As I speak to hundreds of business owners seeking financing, many ask, is it still possible to get a loan with bad credit?  What I have come to understand is that “bad credit” is subjective. There are individuals who are used to having a 730 credit score and when it drops to 680, they assume […]

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