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How your credit limit can hurt your score (CNN.com)
Posted: August 15th, 2008, 10:34am CDT
NEW YORK (AP) -- Just as Americans grow more reliant on credit cards to help pay monthly bills, they're being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit scores. -
Cash-Back Cards Aren't Money in the Bank (TheStreet.com)
Posted: August 15th, 2008, 9:40am CDT
Some credit and debit cards give you some cash back on purchases. But you need to manage it well to benefit from it. -
Senior Center to host informational workshop (Albert Lea Tribune)
Posted: August 15th, 2008, 9:03am CDT
Southern Minnesota Regional Legal Services and the Mower County Senior Center are again co-sponsoring the last of the series “It’s the Law: Consumer Credit, Good and Bad.” This informational workshop will be held at the Albert Lea Senior Center. It will be held from 10 to 11 a.m. on Sept. 9. -
A Belated Withdrawal From Risk (New York Times)
Posted: August 15th, 2008, 6:13am CDT
Sometimes what appears to be best for every individual is bad for the group. Now is such a time in the banking business, The New York Times’s Floyd Norris writes in his latest column. -
CreditCards.com: Weekly Credit Card Rate Report (Centre Daily Times)
Posted: August 14th, 2008, 3:24pm CDT
Annual percentage rates for new credit card offers were flat this week, as banks left interest rates alone, according to the CreditCards.com Weekly Credit Card Rate Report. -
CreditCards.com: Weekly Credit Card Rate Report (wallstreet:online AG)
Posted: August 14th, 2008, 3:08pm CDT
Annual percentage rates for new credit card offers were flat this week, as banks left interest rates -
Credit crisis 'far from over'; Merrill urges consolidation (The Washington Times)
Posted: August 14th, 2008, 3:27am CDT
The credit crisis is "broad, deep and global" and "far from over" for financial companies even after they reported $500 billion in write-downs and credit losses, Merrill Lynch & Co.'s chief investment strategist said. -
Japan Stocks Fall a 3rd Day on Urban Bankruptcy, Credit Concern (Bloomberg.com)
Posted: August 14th, 2008, 1:34am CDT
Aug. 14 (Bloomberg) -- Japanese stocks fell for a third day after Urban Corp. filed the nation's biggest bankruptcy claim in six years and Merrill Lynch & Co. said the global credit crisis isn't over. -
Security Credit hires SGS (Mississippi Business Journal)
Posted: August 13th, 2008, 12:04pm CDT
OXFORD — Security Credit Services will use Southern Growth Studio (SGS) for a new communications and marketing campaign. This fall, Security Credit is assembling another purchasing pool of investors to buy new bad debt portfolios. -
Extra Credit, Tuesday Edition (Portfolio.com via Yahoo! Finance)
Posted: August 12th, 2008, 12:01pm CDT
Reflections on Alt-A: A must-read from Tanta. "If subprime was supposed to be about taking a bad-credit borrower and working him back into a good-credit borrower, Alt-A was about taking a good-credit borrower and loading him up with enough debt to make him eventually subprime."