Monthly Archives

July 2015

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Personal Finance Q&A: Installment Loan Debt vs. Credit Card Debt

Barbara L. Guidry Jul 25, 2015 0

Dear Liz: I need to understand how credit reporting agencies deal with unsecured personal loan debt versus credit card debt.I am considering getting a personal loan from a reputable lender to pay off my credit card debt. My overall debt…

Collateral

The bank that accepts Parmigiano Reggiano as loan collateral

Barbara L. Guidry Jul 14, 2015 0

Italian bank Credito Emiliano (Credem) accepted Parmigiano Reggiano cheese - also known as Parmesan - for years as collateral for loans to producers of Protected Designation of Origin (PDO) cheese.According to the Harvard Business School…