South Florida suffers from credit ‘hangover’ with record delinquencies

By Donna Gehrke-White, Sun Sentinel
6:24 a.m. EDT, May 16, 2012

South Floridians used and abused their credit cards, and some are woefully behind in payments. In fact, South Florida has the worst credit ranking in the nation.

So says an index released early Wednesday by CredAbility, a nonprofit credit counseling agency. Of the 25 top metro areas surveyed, Broward, Palm Beach and Miami-Dade counties rate the worst at trying to dig themselves out of credit card debt.

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http://www.sun-sentinel.com/business/fl-worst-credit-rating-20120515,0,2146740.story

Altamonte Springs Loans for Auto Titles

Embassy Loans is Altamonte Spring's leader for loans on your auto titleEmbassy Loans is Altamonte Springs’s leader for loans on your auto title, specializing in loans for auto titles, auto equity loans and auto refinancing.

Embassy Loans is a consumer finance company licensed under Statute 516 [Consumer Finance] in the State of Florida. Because we specialize in equity loans, loans are based on equity, not personal credit scores – and are made regardless of personal credit history.

As a licensed consumer finance company, Embassy Loans Inc. reports to a national credit bureau to help their borrowers in establishing or re-establishing their credit history. All of their equity loans range from 12-18 months and are based on the amount of loan. The interest rates are 24% up to 30% per year and are also based on loan amount. At Embassy Loans Inc., they follow a simple procedure for approval of loans and loans can be funded the same day! Borrowers just need to fill out their online loan application and their representative will contact them shortly with a decision. They must provide proof of residence and proof of employment unless self employed.

  • You keep the car and the cash – Same day cash
  • A-Rated with the Better Business Bureau
  • Offering some of the Lowest Rates in Florida – as low as 1.5% monthly
  • Borrow up to $5,000 – Monthly Payments – 12 to 18 month financing
  • Bad credit? No credit? No problem – Regardless of Credit

Call 866-277-5796 or visit our web site to apply http://www.autotitleloansaltamontesprings.com

Bright Futures scholarships may get tougher to keep


By Scott Travis, Sun Sentinel
1:52 p.m. EST, January 30, 2012

Recipients of Florida’s Bright Futures scholarships may be in for a much dimmer future if their grades slip in college.

Those receiving the most valuable scholarship would eventually have to maintain a 3.5 grade point average — up from the current 3.0 — to keep the scholarship under a proposal supported by the Florida House higher education budget committee. The Senate hasn’t taken up the issue yet.

Those with the second tier Medallion scholarships would have to maintain a 3.0, up from the current 2.75.

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http://www.sun-sentinel.com/news/palm-beach/fl-bright-futures-changes-20120130-1,0,5628075.story

South Florida’s jobless rate improves — a little

The recovering continues for South Florida’s pursuit market, yet a full liberation stays out of reach.

New pursuit total emphasized a shakiness of a miscarry that began in 2010 though still hasn’t brought down stagnation to healthy levels. Employers in Broward

To read the full article:
Article source: http://www.miamiherald.com/2012/01/20/2599071/companies-arent-hiring-fast-enough.html?asset_id=South%20Florida%26%23xE2%3B%26%23x80%3B%26%23x99%3Bs%20jobless%20rate%20improves&asset_type=html_module

Bank Mistake May Cost Foreclosure Lawyer Her Home

Christine Jackson’s three-bedroom wood-frame home in Indianapolis is in risk of foreclosure. It’s not since she can’t means her mortgage, though since of a bank error, she said.

Jackson is one among thousands of homeowners from all walks of life who

To read the full article:
Article source: http://www.huffingtonpost.com/2012/01/06/foreclosure_n_1189367.html

South Florida home value slip slows


By Kimberly Miller
Palm Beach Post Staff Writer

Losses to South Florida home values are estimated to be $6.5 billion this year, an volume that, while daunting, is a substantial alleviation from 2010.

Last year, Palm Beach, Broward

To read the full article:
Article source: http://www.palmbeachpost.com/money/real-estate/south-florida-home-value-slide-slows-2066804.html?showComments=true

Gold Coin Fetches $7.4 million

Rare 1787 gold coin fetches $7.4 million in deal brokered by New Orleans firm - December 12, 2011Rare 1787 gold coin fetches $7.4 million in deal brokered by New Orleans firm
Published: Monday, December 12, 2011, 6:26 AM

An exceedingly rare 1787 gold Brasher doubloon has been sold for $7.4 million, one of the highest prices ever paid for a gold coin. Blanchard and Co., the New Orleans-based coin and precious metals company that brokered the deal, said the doubloon was purchased by a Wall Street investment firm. Identities of the buyer and seller were not disclosed.

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http://www.nola.com/business/index.ssf/2011/12/rare_1787_gold_coin_fetches_74.html