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U.S. student loan debt passes credit cards
With more students borrowing money for college, student loan debt in the U.S. is now greater than credit card debt. But, as Dean Reynolds reports, it's still a smart investment.
Related topics : student loan debt credit card / student college loan
Credit card company offering home equity loans
Discover Financial Services, a company best known for credit cards, is introducing a home equity loan. CBS News contributor and analyst Mellody Hobson talks to Charlie Rose and Norah O'Donnell about whether or not the terms are right for you.
Related topics : home equity loan credit
Pelosi: Extending current student loan rate the "wise way to go"
Proposals from President Obama and House Republicans on student loan rates are "very different for what they mean to families," said House Minority Leader Nancy Pelosi, D-Cal., adding, "Right now, to go forward with the 3.4 percent is the wise way to go." SUBSCRIBE to the CBS NEWS Channel here: http://bit.ly/WKcQhX
Related topics : student loan rates
MoneyWatch: Bank settles mortgage-loan case; Age group's cuts hit economy
A New York-based bank has agreed to pay a multimillion-dollar settlement to resolve allegations that it knowingly certified mortgage loans that violated federal rules. Also, a decline in spending by one age group is costing the U.S. economy billions, according to a new poll. Marlie Hall reports on the day's top MoneyWatch headlines.
Related topics : federal loan bank of new york
The Early Show - Student loan debt exceeds $1 trillion
Business and economics correspondent Rebecca Jarvis speaks to the "Early Show" anchors about the increase of student loans and gives some tips on paying off debt.
Related topics : debt student loan
Buying Foreclosed Homes
In the series, How Low Can You Go, Contributor Vera Gibbons spoke to Chris Wragge about finding great deals on foreclosed homes.
Related topics : foreclosed homes buy / find foreclosed homes
Foreclosed homes sell for fraction of cost
As national house prices hit a 9-year low, Mark Strassmann reports from one county in Georgia where foreclosed homes are selling for a third or less of their original prices.
Related topics : georgia foreclosed homes
The Early Show - Obama announces plan for student loan relief
President Obama announced a plan to help Americans pay off their student loans more easily. Dean Reynolds reports. Also, personal finance expert Carmen Wong Ulrich speaks about how the plan could help
Related topics : loan pay student
Homeowners find help with loan modification
Homeowners facing foreclosure across the country are finding help getting loan modifications from the Neighborhood Assistance Corporation of America. Bill Whitaker reports on the non-profit that's bringing lenders and borrowers together.
Related topics : homeowner loan corporation
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