Sallie Mae lowers interest rates as private lenders battle losing billions

Faced with the prospect of losing billions of dollars in subsidies from the federal student loan program, private lenders are looking to making their non-federal student loans more attractive which could result in lower fees and interest rates for borrowers who qualify. The United States’ leading private student lender Sallie Mae announced that as from… [Continue Reading]

Jobs for College Kids in Trying Times

With respect to employment, perhaps the worst hit demographic during the current recession has been teens. The department of labor reports that there is a very high unemployment rate of 20% among teenagers aged 16 to 19. This is the highest unemployment rate among workers with respect to the different age groups. Teens of this… [Continue Reading]

Invest Boldly When Money Market Rates are Low

Nowadays, money market rates are historically low. It’s difficult to find strong money market rates at the bank, so investors are looking elsewhere to get great yields. Here are a few tips to help you when you are looking to invest your funds. Commodities Offer Consistent Demand You can always invest in commodities, which are… [Continue Reading]

Invest in Foreign Markets without Relying On Standard Money Market Rates

As money market rates continue to plummet, many investors are looking at unconventional investment methods. One way of circumventing bad money market rates is by investing in foreign markets. There are specific brokerage firms that specialize in these types of investments. A Good Foreign Investment Firm: Euro Pacific Capital Peter Schiff is famous for predicting… [Continue Reading]

Money Markets – Commercial paper

Commercial papers, a part of money markets, are financial instruments used to fund either current assets (such as inventories) or other operating expenses. They may not be used for fixed assets such as machinery and land, but they also do not have to be regulated by the SEC, provided they meet these and other qualifications,… [Continue Reading]

Promissory Notes for Money Markets

Money markets are defined as wholesale cash markets where corporate bodies, banks, and governing agencies can fund short-term deficits and invest short-term surpluses.  Participants of such markets can lend and borrow for periods of time normally not exceeding thirteen months. While capital markets trade bonds and equity due to their long-term funding nature, money markets… [Continue Reading]