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It's Plan B for the retirees who relied on home equity
The safety net is almost gone, the nest egg is cracking.

Borrowers may get break; savers' suffering to worsen
What does the Fed rate cut mean to you with a mortgage, car loan and credit cards? You could be a winner if you have a home equity line of credit. But if you've socked away money in a savings account, you could be a loser. Generally, though, it takes a while for the average person to see any effects at all. That's because even though cuts in the federal funds rate eventually tug most ...

Analysts: Chrysler not likely to survive the year despite aid
DETROIT — Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it probably won't survive the year as an independent company — despite $4 billion in government loans and the possibility of more. Things were so bad last year that a single Toyota model, the Camry Solara ...

ShareChat News: Geneva posts $7.7m loss on provisioning
Geneva Finance, the finance company that won support from investors for a debt-for-equity swap to stave off collapse, posted a first-half loss because of increased provisions for bad debts.

HELOC, Car Loan Delinquencies At Record Highs
Job losses cited as top factor behind souring consumer credit.

LOSING HOME TO SAVE IT
More than 200 in area sign purchase contracts

Is Chrysler a lost cause?
Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it probably won't survive the year as an independent company — despite $4 billion in government loans and the possibility of more.