| The Risks and Benefits of Getting a Debt Consolidation Loan
Paying back multiple loans have long stayed as a headache to the mass; as a proper method to fight the complications, a debt consolidation loan has been given utmost priority and it is a phenomenon that has re-structured the life of countless millions till now. But what exactly is a debt consolidation loan? A debt consolidation loan is just another loan that acts simply as a replacement; it provides the chance to pay-off multiple loans singly. Often considered a great help to individuals up to their eyeballs in debt, a debt consolidation loan also has its flip-sides; the lower monthly payments come at the price of a longer repayment period. As a result, a debt consolidation loan which may apparently appear as an easy way out from snarling creditors, incurs more costs as the interests add up to a hefty amount over the span.
Holding On to Graduates
"Brain drain" is a perennial topic in legislatures, as lawmakers worry about whether their home state universities attract the best students and professors. This year, however, the discussion shifted a bit, with several states considering ambitious plans focused on what happens to students after they graduate and whether states could find ways to keep their graduates from flocking to New York City or Boston or the Silicon Valley like so many before them. While such plans have been common for specialized fields — health professionals in rural areas, for example — the plans being talked about this year were for all students and had much broader goals. .
Banks give themselves too much credit, says Paul Farrow
There is a good chance that any cash you spend this weekend will be coming out of your bank's pocket - not yours. That's if you believe a recent survey from YouGov. The pollster found that the average Briton dips into the red on the 20th of each month and does not go back into the black until payday. Mind you, 2m of us apparently never see the magic letters "CR" at the end of our bank statement because we are permanently overdrawn. .
Idaho Bancorp Reports Mid-Year Results
BOISE, ID -- 07/16/07 -- Today Idaho Bancorp (OTCBB: IDBC) reported net income for the first six months of 2007 of $738,000, a 20% increase over the $616,000 reported in the first half of 2006. Diluted earnings per share of $.40 compared favorably to the $.34 per share reported in the first half of last year. The most significant factor driving the year-to-year earnings improvement was a 9% increase in net interest income, a result of a 16% growth in the average loan portfolio, and an increase of 18% in other non-interest income. Net interest margin decreased slightly from 4.43% in the first half of 2006 to 4.34% in the first half of 2007 as a result of increasing cost of funds and continued pressure on loan rates due to intense market competition. Net income for the second quarter of 2007 was $345,000, a 6% increase over the $326,000 reported in the second quarter of 2006.
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