Your only student loan refinance news source! Click on each item to read full story.   Some people can't get credit? Good! read story Credit is a useful financial tool -- when it is extended and used responsibly. But given too freely, credit can wreak havoc on the whole economy. Where's the line?   By Henry C K Liu read story Recurring financial crises of past decades had clearly exposed the instability of globalized unregulated financial markets and the great danger that poses for the economic wellbeing of defenseless developing countries participating in such markets.   CIT Reports Second Quarter 2010 Net Income of $142 Million; $0.71 Per Diluted Share read story NEW YORK----CIT Group Inc. , a leading provider of financing to small businesses and middle market companies, today reported net income for the quarter ended June 30, 2010 of $142.1 million, $0.71 per diluted share, up from $97.3 million and $0.49 per diluted share last quarter.   Ambac case lawyers, advisers get $18 million read story With more than $67 billion of its insurance coverage placed into a special receivership fund, Ambac Assurance Corp. is flirting with financial ruin. Yet lawyers and consultants helping Wisconsin regulators navigate the complex case have collected nearly $18 million.   Scores line up for loan help in D.C. read story More than 160 homeowners lined up in downtown Washington before dawn Friday in hopes of obtaining better terms on their home loans with help from the housing advocacy group Neighborhood Assistance Corporation of America. Loan - Financial Services - Business - Mortgage - Processing   Wells Fargo Reports Net Income of $3.06 Billion; Up 20% From Prior Quarter read story SAN FRANCISCO----Wells Fargo & Company : Strong growth across the franchise -- Net income of $3.06 billion, up 20 percent, or $515 million, from prior quarter -- Net income applicable to common stock up 21 percent from prior quarter to a record $2.88 billion -- Diluted earnings per common share of $0.55 -- Revenue of $21.4 billion, same as first quarter; pre-tax pre-provision profit1 of $8.6 ...   What's happening in and around New Orleans this weekend read story Events not to miss in and around New Orleans.   Indy homeowners catch 'refi' fever read story Mortgages rates falling to record lows for 30-year loans have customers jumping to reduce monthly bills.   Personal finance topics read story Auto insurance Looking for auto insurance for your car? Bankrate.com examines auto insurance rates, policies, quotes and industry trends. Bank safety Want to know more about local or national banks? Bankrate.com analyzes the United States Treasury and provides expert opinion on the banking industry.   Paying bills on time best way to boost your credit score read story I'd like to pass along some interesting questions - and answers - about debt that came up in a recent online discussion.