Payday-Style Loans Offered by U.S. Banks to Replace Lost Overdraft Revenue U.S. banks may expand their short-
term lending at interest rates of 120 percent or more as they
seek to replace more than $15 billion in lost revenue because of
regulations limiting overdraft fees.
High-Scoring Borrowers Likely to Pay Cards Ahead of Mortgages, FICO Says Consumers with high credit scores
are more likely to default on mortgages than credit-card loans,
said FICO, maker of the scoring formula most widely used by U.S.
lenders.
Business Investment to Help Strengthen U.S. Economy in 2010, Survey Shows Corporate investment will contribute
to stronger growth in the U.S. and the economy will start to add
jobs early this year, a survey of business economists showed.
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