Credit Information

Credit Information

Credit Card Debt: How To Control It


A lot of people spend more money than they can afford to repay toward their credit card debts. To regain control over your finances and to manage your debt, here are some solutions you can try.

Understanding the Function of Credit


What is Credit?Credit is the backbone and the engine behind the workings of the economy. Credit simply allows individuals and companies to borrow funds in good faith and pay it back over a specified time frame.

Cutting Credit Card Costs


What are the APRs charged by the credit cards in your wallet? If you are paying more than 12% interest on any of them, you are probably paying too much. The prime rate is currently in the single digits, so credit card companies that charge above 13% APR are overcharging.

Restore Your Credit Rating And Reduce Your Debts


Your credit rating affects many areas of your life. Opening new credit accounts, buying a home or car, getting a new job, and receiving discounts on insurance rates are just a few of the things that are impacted by your credit score.

How Your Credit History Can Affect Your Life


Your credit history is an important aspect of your life. Maintaining your credit rating is very important to your future and to your lifestyle.

10 Signs You May Need Credit Counseling


Debt management programs can be of real help for people that discover they cannot face their debts. At first, they will attempt to solve the situation all by themselves by cutting down on spending and keeping a close eye on accounts.

Common Credit Score Myths


A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Sometimes even lenders can give you the wrong advice and it can get confusing.

Finding and Applying for the Right Credit Card Offer Online


Anywhere you go online nowadays, you will see a multitude of ads for credit cards. Some offer low interest rate for an introductory period, or bonus frequent flyer miles while others offer real discounts on new vehicles and equipment.

Cash Back vs. Rewards Credit Cards


Ah, the sweet rewards of using credit!Not only do you get immediate gratification with the buy now-pay later plastic, but now, many credit cards offer rewards and incentives for using their card to make purchases. You can get cash back, or gift cards, or 'reward points' that you can spend on merchandise or services from various merchants.

Avoiding College Credit Card Traps


Congratulations college freshman! You're about to embark on one of the most exciting times of your life. By now your parents, siblings, and friends have offered you all kinds of advice on how to make your transition to college smoother - how to get along with your roommate, what classes to take and which ones to avoid, where to find the best off-campus food, and how to stay safe on campus.

Credit Report Secrets: Do You Know What They Reveal?


If you've ever applied for a credit card or loan, you've probably had your credit report reviewed by the lender. Your credit report has a huge impact on your financial future, so it's well worth your time to be sure that you understand what your credit report says about you.

Identity Theft - Monitor Your Credit Report


The recent security breach at credit card processor CardSystems Solutions has many consumers worried. Thanks to a well-placed computer virus, nearly forty million credit card numbers were stolen, and cardholders nationwide are justifiably concerned about identity theft.

Which Business Credit Cards with Reward are the Best?


Thinking of applying for a credit card with a reward program to help you and your business? Here is a brief guide to some of the best programs on the internet.The Platinum Business Credit Card with rewards from American Express is a great offer.

Manage Your Credit Wisely


Getting your first credit card is a big deal and all young people look forward to it with bated breath. We wait for years to be able to apply successfully for out own credit card.

Credit Report - How Your Credit Score is Determined


Most consumers are aware that they have something known as a credit report that is used to determine whether or not they would qualify for a loan. Fewer are familiar with the FICO score, a creation of the Fair, Isaac, and Co.

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MORE RESOURCES:

Boston Globe

Ex-Credit Suisse brokers indicted on fraud charges
Financial Times, UK - 17 hours ago
By Joanna Chung in New York Two former Credit Suisse brokers have been indicted on fraud and conspiracy charges related to the sale of auction rate ...
Former Credit Suisse broker arrested in US Swissinfo
Former Credit Suisse broker charged with subprime-linked fraud in ... International Herald Tribune
UPDATE 1-FBI arrests ex-Credit Suisse broker Reuters
Independent - Reuters
all 527 news articles


CEP News

S&P raises Nalco Co.'s credit rating
CNNMoney.com - 19 hours ago
NEW YORK (Associated Press) - Standard & Poor's on Friday upgraded its corporate credit rating on Nalco Co., citing bright prospects for the company to ...
S&P puts Fifth Third on credit watch Dayton Daily News
Credit rating soars in District 300 Northwest Herald
Starbucks downgraded to 'BBB' on weakening credit metrics - S&P Hemscott
CNNMoney.com - CNNMoney.com
all 106 news articles


Indianapolis Business Journal

Federal housing tax credit has mixed benefits
Indianapolis Star, United States - 11 hours ago
By Jeff Swiatek At Carpenter Realtors in the Indianapolis area, agents wear lapel buttons proclaiming, "Ask me about the $7500 tax credit. ...
Perk helping home sales Indianapolis Business Journal
all 3 news articles


Calgary Herald

'Super credit cycle is over'
Calgary Herald,  Canada - 9 hours ago
The global credit crunch has gone in about 15 months from a simple "flesh wound" to the largest financial crisis the world has faced since the Great ...
Canada bank CEOs see more credit crisis uncertainty Reuters
Bank chiefs: Bear Stearns bailout averted global disaster TheChronicleHerald.ca
HSBC Chief Green Sees Market Power Shifting to Asia (Update2) Bloomberg
The Canadian Press - Reuters
all 52 news articles


The Sun

HBOS chief says credit crunch to last through 2010
International Herald Tribune, France - 3 hours ago
AP LONDON: The global squeeze on credit is likely to last through 2010, HBOS chief executive Andy Hornby said in an interview broadcast Saturday. ...
Credit crunch will last another 18 months Telegraph.co.uk
Credit crunch to last another 18 months Times Online
Credit crunch 'to last into 2010' BBC News
Reuters - InTheNews.co.uk
all 31 news articles


Credit Crunch: The Sequel
U.S. News & World Report, DC - Sep 4, 2008
And that certainly seemed to be the case in March when investment bank Bear Stearns became the highest-profile victim of the credit crisis. ...
Crumbling financials have further to fall Financial Post
UPDATE 1-US banks' direct borrowing hits record in week Reuters
UPDATE:Comml Bks Set Record For Avg Discount Window Borrowing FXstreet.com The Foreign Exchange Market
The Associated Press - San Jose Mercury News
all 79 news articles


Credit cards battered amid 'tsunami' warning
Financial Times, UK - 17 hours ago
Credit-card groups were among the key casualties as fears grew of rising defaults. American Express fell 5.3 per cent to $38.75 after Lehman Brothers ...


Fear factor: Obama, McCain and the credit crunch
Los Angeles Times, CA - 19 hours ago
... John McCain nor Barack Obama -- was dare to say how they will solve the most serious economic problem facing the country: the deepening credit crunch. ...
Obama, McCain, Fannie and Freddie: A Troubled Love Story Wall Street Journal Blogs
all 3 news articles


Credit crunch fallout will cast a long shadow
Globe and Mail, Canada - 9 hours ago
A good credit rating is essential, but flowers or hand-held electronic gadgets may also be required. The most important thing to take when you visit your ...


Credit union robbed
Mail Tribune, OR - 8 hours ago
ASHLAND — Police are looking for a man who robbed the Rogue Federal Credit Union branch on Lithia Way just after 11 am Friday and then got away with an ...

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