What to do when your credit line is yanked (San Francisco Chronicle)
During periods of tight business credit, lenders are more likely to call a note payable on demand or even find borrowers in default for minor technicalities. Business borrowers should have a backup plan ready in the event a bank pulls their line of credit....
How to protect your cash when making a family loan (AP via Yahoo! Finance)
Digesting your turkey and sweet potatoes may be tougher this Thanksgiving, when that uncle you rarely hear from pulls you aside to ask for a loan.
Don't Quake Over Credit Shocks (Investopedia)
A credit shock occurs when you have a swift reduction in the availability of loans (credit) or a sharp increase in the costs of getting new loans from banks.
Financing Alternatives for the Small Business Owner (MoreBusiness)
Just because the economy is tight and banks are clamping down doesn’t mean that there are no alternative business funding options for you. Here are a few financing alternatives and business funding solutions that can help you secure the funding you need for your small business to succeed.
St. Louis moves to limit payday loan stores (St. Louis Post-Dispatch)
ST. LOUIS — While the nation's money meltdown has made it difficult for even dependable borrowers to get credit, fast cash continues to be just a short walk away in some neighborhoods.
