Lenders Again Dealing Credit to Risky Clients

Credit card lenders gave out 1.1 million new cards to borrowers with damaged credit in December. These borrowers accounted for 23 percent of new auto loans in the fourth quarter of 2011, up from 17 percent in the same period of 2009, Experian, a credit scoring firm, said.

http://nyti.ms/IGeb6o



Jobless Claims in U.S. Rose Last Week to Two-Month High Economy

More Americans than forecast filed applications for jobless benefits last week, reinforcing concern among Federal Reserve policy makers that the labor-market recovery will be slow to develop.

http://bloom.bg/IXwhM2


From Information Clearing House

--------

Treasury Snubs Struggling Homeowners
http://www.commondreams.org/headline/2012/04/12-1

--------

The Fed: Mend It or End It?
http://lewrockwell.com/paul/paul806.html



http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=recovery
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Treasury
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Federal+Reserve
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=Ron+Paul
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=credit+card
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=borrow
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=homeowner
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=jobless
http://www.sharenews-blog.com:8090/helma/twoday/sharenews/search?q=com/paul

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