Finance and Credit Professional

Every day, commodities are traded on the more than one dozen major commodity exchanges that are situated worldwide.Chicago houses two exchanges, the Chicago Board of Trade (CBOT) and the Chicago Mercantile Exchange (CME). Between these two exchanges, a wide array of commodities are traded, bought and sold.The CBOT has a very diverse collection of [...]

You don't want to jump into anything blindly or sign a real estate contract or home mortgage loan contract or any type of contract without giving it some serious thought. Watch out for anything that appears to be vague. You want to keep in mind when financing real estate that lenders will be able [...]

While Texas remains the state with the highest percentage of uninsured residents in the nation, a key question is what is the impact of that, from a human and pure economic standpoint.A December 2006 report by the Texas Health Institute, sponsored by Methodist Healthcare Ministries, indicated that the costs are substantial, both from a social [...]

Although it is still five months away, Britons are being warned that failing to plan their spending over the Christmas period could impact upon their personal financial situation.In research carried out by Britannia, just under half of the adult population (47 per cent) are said to not be saving money specifically for the festive season, [...]

Opting to use store finance cards is an uncompetitive form of borrowing, an industry expert has warned.According to Martyn Saville, senior researcher for Which?, those who are only able to make the minimum monthly repayments on the type of credit could be set to find strains on their day-to-day finances increasing as providers charge high [...]

First-time buyers are taking out increasingly expensive loans in a bid to get on to the property ladder, a new study shows.According to data released by Abbey, the typical first-time buyer now has a mortgage of some 130,000 pounds - almost twice the amount of the 75,000 pounds average taken out in 2003. Meanwhile, more [...]

Everyone loves a good bonus. Credit card companies have been making use of this fact to get more customers. Thus we have credit cards that provide rewards. Cash back credit cards and cards that help you earn frequent flier points are among the more popular ones. People are always eager to benefit from a bonus. [...]

The Bank of England has voted to maintain interest rates for this month.Under the move, the Bank's monetary policy committee (MPC) has decided to keep the base rate at 5.75 per cent. Although the news is likely to be welcomed by those homeowners with variable-rate mortgages as their mortgage repayments will stay consistent over the [...]

Ned almost lost the farm that had been in his family for 8 generations! We've all heard that 'The Devil is in the details.' It is especially true when it comes to estate planning. Make sure you don't make the same mistake Ned did.Ned and Nellie Mae were in their early 80's. Even though they [...]

A wealth of information is contained in your credit report. Your financial actions, your loan or credit accounts and how you pay them are just some of the data you can find on your credit report. Review your credit report periodically to get an idea of what the creditors are saying about you.If you are [...]