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Home repossessions and evictions soar in UK as credit crunch bites (Daily Mirror)
Home repossessions are now running at 120 per day, figures showed yesterday.
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Strategies for Car Shopping in a Time of Tighter Credit (New York Times)
Finance companies have cut back on loans and become stingier with leases. But for consumers, the credit crunch may have a silver lining.
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How to protect your cash when making a family loan (The Times of Northwest Indiana)
NEW YORK | Digesting your turkey and sweet potatoes may be tougher this Thanksgiving, when that uncle you rarely hear from pulls you aside to ask for a loan.
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With Credit Tight, Buyers, Sellers Rediscover Renting to Own (Washington Post)
Justin Sprinzen took a chance on an abandoned Capitol Hill townhouse last spring, despite the faltering housing market.
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How to protect your cash when making a family loan (Connecticut Post)
Digesting your turkey and sweet potatoes may be tougher this Thanksgiving, when that uncle you rarely hear from pulls you aside to ask for a loan. So this holiday season, be prepared to protect
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BY 17 PERCENT: Student debt grows; financial aid application rates rise (The Daily Times)
WASHINGTON — Already high student loan rates are going to go up even more because of the bad economy, according to the Project on Student Debt, a group focused on cost-effective education.
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Bad economy, credit crunch leave auto dealers struggling (The Daily Record)
Simply put, October 2008 is a month auto dealers and manufacturers would rather forget. Nationwide, sales plummeted nearly 25 percent compared to a year earlier. Detroit’s “Big Three” of Ford, General Motors and Chrysler LLC reported a combined loss of $3.29 billion for their most recent quarters.
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Get right side up by modifying home loan (Everett Herald)
Question: I read your column last Sunday where you said home values will probably fall another 5 percent to 10 percent next year. That's bad news to us since our home value is already less than our total mortgage balance. We bought our home two years ago with a zero-down loan.
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Retailers and credit card lenders at odds in crunch (The Economic Times)
The need by US retailers' to sell in hard times has put them at odds with the lenders backing their credit cards. While stores aggressively promote use of their cards, lenders are increasingly wary of consumer defaults.
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Downey Seized, Sold to U.S. Bancorp as Mortgage Fallout Spreads (Bloomberg)
Nov. 22 (Bloomberg) -- Seizure and sale of Downey Financial Corp. and two smaller lenders may cost the FDIC more than $2 billion as foreclosures rise and home prices extend declines in the worst housing slump since the Great Depression.
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