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Why Wall Street doesn’t seem worried about default
The CEO of a big bank says a U.S. default could be catastrophic for the economy. The head of the Federal Reserve warns of chaos. And a credit rating agency threatens to take away the country’s coveted triple-A status.

Read more on AP via Yahoo! News

Some advice about securing a child’s identity
Hundreds of online businesses are finding inactive Social Security numbers online and selling them under different names to help people establish fake credit. Most of the Social Security numbers are assigned to children younger than 18 who have not started using them yet. The scheme may lead to significant debts for children that might be almost impossible to pay off. Better Business Bureau is …

Read more on Macon Telegraph

Delta police send out warning about fraudulent computer repairs
Delta police are warning residents about fraudulent online computer repair.

Read more on The Delta Optimist

Quicken Loans Gives Away $500 for Best Tweet about 4th of July Celebration
The nation’s largest online retail mortgage lender uses Twitter to ask, ‘How would you use $500 to celebrate Independence Day?’Detroit, MI (PRWEB) June 27, 2011 To celebrate Independence Day 2011, Quicken Loans Inc., a 50-state lender of refinance and purchase mortgages, is hosting a Twitter contest, with a $500 check as the grand prize. The five-day event begins on Monday, June 27, 2011 and …

Read more on PRWeb via Yahoo! News

Students optimistic about paying off loans
Post-secondary students are optimistic their school-related debt load will be manageable once they graduate, according to a recent survey conducted by the BMO Bank Of Montreal.

Read more on Toronto Sun

JCDA to enter talks about loan
The Johnson City Development Authority voted unanimously Friday to enter formal discussions with Eastman Credit Union about securing a $2 million loan, which would finance purchasing the Downtown Centre from Washington County, renovating it and leasing it to Northeast State Community College.

Read more on Johnson City Press

Business owners along Central Corridor to learn more about loan program
Small-business owners along a future light-rail line connecting St. Paul to Minneapolis can learn more about a $4 million forgivable loan program Thursday at the first of several informational sessions.

Read more on Minnesota Public Radio

5 Things Homebuyers Should Know About A Mortgage
I dont mean to be insulting, but the fact of the matter is most of us dont really understand how a mortgage works, which puts you in some very good company And thats why weve put together a list of 5 things we feel homebuyers should know when shopping around for a mortgage.1. Mortgage rates change dailyIts true bet you didnt know that and neither did 55 of prospective homebuyers…

Read more on PitchEngine

Amir Taaki Answers Your Questions About Bitcoin
Last week, you asked questions (many rather pointed!) of Amir Taaki, co-founder of Bitcoin Consultancy, which develops Bitcoin related services, exchanges and Bitcoin itself. (They also own Britcoin.co.uk.) Says Taaki: “When creating video games I spent much time imagining tools to make artists lives easier, and how we could keep funding developers to write free software. One contribution of …

Read more on Slashdot

I-Team: The Secret Truth About Foreclosures
Have you ever wondered why so few homeowners are getting their mortgages modified? The CBS4 I-Team uncovers the secret profits big banks are making on foreclosures.

Read more on CBS Miami