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Mogo Platinum Prepaid Visa earn rate will be bumped up to a flat 2% as of June 1 + MORE May 29th
Great news in the world of prepaid credit cards - Mogo will be increasing the cash back rate for their Mogo Visa* Platinum Prepaid Card to a flat 2% as of June 1. Currently the card earns 1% Bitcoin cashback on purchases in Canada and 2% for foreign transactions. For anyone who has this card o.... More »
Rate survey: Average card APR climbs to record high of 16.71 percent May 2nd
May 2, 2018: The average credit card interest rate on new card offers set a new record this week, climbing to 16.71 percent, according to the CreditCards.com Weekly Credit Card Rate Report.... More »
Marriott Bonvoy American Express credit cardmembers can earn an additional 2,000 bonus points per Marriott stay + MORE Aug 28th
The fall systemwide promotion from Marriott Bonvoy we detailed last night just got even better if you have the Marriott Bonvoy™ American Express®* Card or the Marriott Bonvoy™ Business American Express® Card. There is an additional offer to register for if you have one of those cards or choo.... More »
Uranus is losing its atmosphere because of its weird wobbly magnetic field - Digital Trends + MORE Mar 29th
Uranus is losing its atmosphere because of its weird wobbly magnetic field Digital TrendsUranus has started leaking gas, NASA scientists confirm Happy MagVoyager 2 Still Helping Scientists Discover More about Solar System Tasnim News AgencyUranus, No Joke, Is Leaking.... More »
Earn up to 7x Aeroplan Miles for online shopping with the Aeroplan eStore Mother's Day Event Apr 27th
A new bonus offer event launched today via Aeroplan's online shopping portal. To celebrate Mother's Day they are offering up to 7x Aeroplan Miles for shopping at select retailers. Going through the list I only saw two 7x miles retailers Aveda and Dyson while the majority of retailers participating a.... More »
GE gets subpoena over subprime mortgage business
– canadianbusiness.com
NEW YORK, N.Y. – General Electric says the U.S. Department of Justice has subpoenaed the company as part of an industrywide investigation into subprime mortgage lending.
According to a filing the industrial conglomerate made Friday, federal prosecutors are examining potential violations by GE’s WMC mortgage lending business from 2005 to 2007. The company says it received the subpoenas in January and will co-operate with the investigation, “which is at an early stage.”
WMC specialized in making loans to consumers with less-than-perfect credit scores. GE sold the business in 2007 after the collapse of the U.S. housing market.
In the last year, Fairfield, Connecticut-based GE has been focusing on selling off most of its finance and lending operations to refocus on its industrial businesses.
The post GE gets subpoena over subprime mortgage business appeared first on Canadian Business – Your Source For Business News.
According to a filing the industrial conglomerate made Friday, federal prosecutors are examining potential violations by GE’s WMC mortgage lending business from 2005 to 2007. The company says it received the subpoenas in January and will co-operate with the investigation, “which is at an early stage.”
WMC specialized in making loans to consumers with less-than-perfect credit scores. GE sold the business in 2007 after the collapse of the U.S. housing market.
In the last year, Fairfield, Connecticut-based GE has been focusing on selling off most of its finance and lending operations to refocus on its industrial businesses.
The post GE gets subpoena over subprime mortgage business appeared first on Canadian Business – Your Source For Business News.
