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Success amid credit crisis (Richmond Times-Dispatch)
Posted: August 31st, 2008, 11:08pm CDT
NEW YORK Ronald Hermance, head of Hudson City Bancorp, has never made a subprime loan. His bank doesn't keep risky mortgage securities on the books, and is headed toward another record year of profits. Nonetheless, Hermance's Paramus, N.J.-based savings bank finds itself cast alongside embattled institutions such as Citigroup Inc. and Washington Mutual Inc. as the credit crisis continues. For ... -
ID thief posed as appraiser in Clark County (Seattle Post-Intelligencer)
Posted: August 31st, 2008, 11:03pm CDT
VANCOUVER, Wash. -- Identity theft is bad enough when the target is someone's bank account and credit lines. -
Japan's Regional Banks Dodge Subprime, Face Bad-Loans (Update1) (Bloomberg.com)
Posted: August 31st, 2008, 10:47pm CDT
Sept. 1 (Bloomberg) -- Japan's regional banks evaded most of the fallout from the U.S. mortgage market implosion only to face a homespun credit crisis. -
Mad, bad and brilliant TV (Guardian Unlimited)
Posted: August 31st, 2008, 6:16pm CDT
Former movie channel AMC's award-winning success with the advertising drama Mad Men, and its latest hit, Breaking Bad, is piling pressure on its rival HBO. Stephen Armstrong tunes in -
MLB introduces instant replay; Royals still bad (The Carthage Press)
Posted: August 31st, 2008, 3:53pm CDT
MLB introduces instant replay; Royals still bad Instant replay is now here for MLB — whether you like it or not. -
Credit scores can secure a loan, but what figures do lenders use? (Modesto Bee)
Posted: August 31st, 2008, 8:33am CDT
When a teenager gets his or her SAT scores, everyone knows that the same numbers are sent to colleges. And companies that sell credit scores claim lenders use the numbers to decide whether to lend someone money and at what interest rate. -
A'bad in list of 'credit-worthy' cities 31 Aug 2008, 0420 hrs IST, Himanshu Bhatt,TNN (The Times of India)
Posted: August 31st, 2008, 3:16am CDT
AHMEDABAD: Ahmedabad has done itself proud, again! The city is now among the top ten Indian cities whose municipal corporations are the "most credit worthy". -
SUSAN TOMPOR: Credit crunch fallout could linger in '09 (Detroit Free Press)
Posted: August 31st, 2008, 2:33am CDT
Much to the shock of many economists and to the chagrin of politicians, the credit crunch hung around so long that it turned a year old this summer. What's worse, Michigan and the rest of the country will deal with the credit crunch wreckage throughout this year and well into 2009, said Mark Zandi, chief economist and cofounder of Moody's Economy.com. -
How to Recover from Bad Credit (KHON 2 Honolulu)
Posted: August 29th, 2008, 11:25pm CDT
Information from the three main credit reporting agencies can have a tremendous impact. "It affects so many aspects of your life. -
Secured card can help you build credit (Bankrate.com via Yahoo! Finance)
Posted: August 29th, 2008, 5:00am CDT
A secured credit card can help rebuild your payment history if you have bad credit, says Dr. Don Taylor. -
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."