Senate sends Obama bill to renew Ex-Im Bank

(Reuters) - The Senate voted on Tuesday to renew the U.S. Export-Import Bank's charter through September 2014 and raise its lending cap to $140 billion, overcoming objections from conservative Republicans who wanted to shut the bank down.

The bill now goes to President Barack Obama, who said he would sign it and praised lawmakers from both parties for coming together to pass the bill.

"This important step will help American businesses create jobs here at home and sell their products around the world - all at no cost to taxpayers," Obama said in a statement.

The Senate voted 78-20 to approve the bill, just a few weeks before the bank's charter expires on May 31. Bank officials also warned they were close to reaching their current $100 billion lending cap because of record demand in recent years.

Read Full News


Resources for YOU:

• Personal Loan
• Bad Credit Card

Your Guide To Considering Credit Repair Services

You'll find firms that offer credit repair services for consumers who need help to improve their credit rating, recover from adverse credit, or manage their finances better. Some agencies exclusively offer credit counselling services. On the opposite hand, other programs also offer other debt relief programs like debt consolidation, debt negotiation and debt management program.

Take note that not all agencies offering debt help services are legitimate. Some of these do not even have a license to operate and do not have the best interests at heart. Illegal agencies want one thing- making huge profits along the expense of customers who require help to get out of poor credit.

Before choosing a credit repair agency, it’s essential to know the exact particular service offered and also the results you could expect afterwards. Consumers must also pay attention to their rights and limitations to stay away from being scammed or ripped-off.


Read more Your Guide To Considering Credit Repair Services

Related Articles:

Improve Your Credit Rating With These Recommendations

Restore Your Credit Status Immediately After Bankruptcy

Resources for YOU:

• Credit Cards For Bad Credit
• Home Loans
• Bad Credit Repair

Wells Fargo Named Best U.S. Trade Bank Company recognized by Trade Finance magazine

SAN FRANCISCO, Jun 21, 2011 (BUSINESS WIRE) -- Wells Fargo & Company WFC -0.33% announced today that Wells Fargo was named "Best Trade Bank in the USA" by Trade Finance magazine. Winners of the 14th annual Award for Excellence were selected by a Trade Finance reader's poll. Evaluating financial institutions on their level of expertise and customer service, online votes were collected across all regions and categories in the magazine's annual competition. 

"We are honored the readers of Trade Finance have recognized Wells Fargo. This award reflects our continued commitment to best serve our customer's global financial needs," said Richard Yorke, head of Wells Fargo's International Group. "As more of our customers conduct business globally, Wells Fargo has developed the financial resources, technology platforms and global network to successfully help them build and manage their trade business." 

Read Full News

Resources for YOU:

• Credit Cards for Bad Credit
• Poor Credit Home Loan
• Personal Loans For Bad Credit