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Bad time for A/C units to fail (KSDK St. Louis)
Posted: June 23rd, 2009, 7:12pm CDT
Bad time for A/C units to fail -
John Viega Explains What Motivates Bad Guys - An Excerpt from The Myths of Security (O'Reilly Media)
Posted: June 23rd, 2009, 6:32pm CDT
Longtime security professional John Viega reports on the sorry state of security in his new book, The Myths of Security: What the Computer Security Industry Doesn't Want You to Know. "Today, the tech world might hear a lot about security issues, but the world at large rarely does," writes Viega. In this excerpt from The Myths of Security, Viega explains what motivates bad guys to break into ... -
Not Hired Because of Credit History? (ABC News)
Posted: June 23rd, 2009, 10:15am CDT
Did a bad credit report keep you from getting hired? Tell ABC News about it. -
Credit Junkies (Forbes)
Posted: June 23rd, 2009, 9:59am CDT
Sure, the credit markets look better, but investors are too optimistic about high yield. -
Bad debt hits Cardiff firms (NewsWales)
Posted: June 23rd, 2009, 9:54am CDT
An alarming scale of bad debt is being suffered by Cardiff businesses in the recession, says a new report. -
A Fairer Credit Card? Priceless (New York Times)
Posted: June 23rd, 2009, 9:14am CDT
Based on an examination of credit union cards, evidence suggests that the credit card act is likely to bring about moderate, and even positive, changes. -
Small businesses squeezed by tight credit (Newsday)
Posted: June 23rd, 2009, 6:49am CDT
Businesses that depended on credit cards to make purchases and manage monthly cash flow are paying higher interest, having trouble opening new lines or seeing existing ones canceled. For small-business owners who rely on business credit cards, the recessionary landscape looks extra bleak these days. -
Dh2bn bad debt on UAE credit cards (Zawya)
Posted: June 23rd, 2009, 4:40am CDT
23 June 2009 The UAE is estimated to have Dh20 billion as outstanding payment on credit cards. Also, about 8-10 per cent of that could be distressed or delinquent, bank officials told Emirates Business. -
Statins Get Credit for Big Reduction of Bad Cholesterol, Protection from Alzheimer’s Disease (Senior Journal)
Posted: June 22nd, 2009, 6:57pm CDT
June 22, 2009 – The news for statins today was great. The American Heart Association credits statins as a significant reason that the percentage of people lowering their elevated “bad” cholesterol to within the recommended range has almost doubled in the last decade. -
Turning bad credit into creditworthy (Bankrate.com)
Posted: June 22nd, 2009, 6:42am CDT
Dear Debt Adviser, I am a single, 47-year-old female in the process of repairing my credit. I have bankruptcy in my history, from about five or six years ago. I have a 403(b) for retirement planning, but no savings. I make about $90,000 a year, and I continue to pay rent and debt. -
Losing Odds in Credit Crunch (Washington Post)
Posted: June 21st, 2009, 8:35am CDT
Credit scores have become both increasingly important and perplexing amid economic turmoil. -
Develop plan to get credit card balance under control (Las Vegas Review-Journal)
Posted: June 21st, 2009, 5:14am CDT
Nearly half of all Americans have a credit card balance over their heads, according to the White House. The average is more than $7,000. -
First Down (The Washington Times)
Posted: June 21st, 2009, 3:51am CDT
IT'S ABOUT TIME After he dumped Bobby Cox as his manager in 1981, Atlanta Braves owner Ted Turner was asked about a potential replacement. The volatile, eccentric Turner replied, "It would be Bobby Cox if I hadn't just fired him." In other words, Cox wasn't the problem. The Braves were simply bad. But Turner had to do something, even if it was dumb. Give the Nationals credit. It looks for now ... -
Recession not all bad for jobless dads (Arizona Daily Star)
Posted: June 21st, 2009, 2:23am CDT
KANSAS CITY, Mo. — Neckties became the standard Father's Day gift for a reason: Daddy wore them to work. -
Weak security opens door to credit card hacks (The Palm Beach Post)
Posted: June 20th, 2009, 11:12pm CDT
Every time you swipe your credit card and wait for the transaction to be approved, sensitive data including your name and account number are ferried from store to bank through computer networks, each step a potential opening for hackers. -
Device Makes Car-Buying Reality For Those With Bad Credit (KGTV San Diego)
Posted: June 19th, 2009, 11:02pm CDT
A unique device is making it possible for people with poor credit scores to buy a car. -
A Credit Squeeze for Small Business Owners (New York Times)
Posted: June 19th, 2009, 8:25am CDT
A crackdown on credit limits by card companies is squeezing the nation’s small businesses, exacerbating the problems caused by a stagnant economy. -
How A Bad Roommate Can Ruin Your Credit Score (Investopedia)
Posted: June 19th, 2009, 3:05am CDT
When you're fresh out of college and trying to swing rent on an entry-level salary, getting a roommate seems like the way to go. However, while roommates can save you money on rent, they can also damage your credit score if they forget to pay their half of the rent or volunteer to send in a payment for a utility bill in your name - and don't. -
How A Bad Roommate Can Ruin Your Credit Score (Investopedia via Yahoo! Finance)
Posted: June 18th, 2009, 4:44pm CDT
Living with someone can cut your expenses, but in addition to not doing the dishes, your roommate may do serious damage to your credit. -
Credit cards can be hacked (The Daily Dispatch)
Posted: June 18th, 2009, 1:03am CDT
(AP) - Every time you swipe your credit card and wait for the transaction to be approved, sensitive data including your name and account number are ferried from store to bank through computer networks, each step a potential opening for hackers. -
The Best First Credit Card (The Motley Fool via Yahoo! News)
Posted: June 17th, 2009, 12:42pm CDT
We could argue all day about whether or not kids need credit cards. The concept of need is pretty subjective, especially when it comes to kids -- one day they'll claim to "need" a new iPod, and the next it's trendy kicks or the latest game system. But many parents and their progeny are already sold on the benefits of plastic (especially for emergencies), making them ripe pickings for bad-guy ... -
MOHAMED ARIFF: Too much of a good thing led to bad times (The New Straits Times)
Posted: June 17th, 2009, 12:26pm CDT
The returns from risky financial innovations - structured credit, securitsation of mortgages and tri-party repo - were so good that many investors did not subject them to risk analysis, thus laying the foundation for the global financial crisis, writes MOHAMED ARIFF -
5 money mistakes in a bad economy (MSN Money)
Posted: June 17th, 2009, 12:17pm CDT
Making a blunder with your finances can make a downturn even worse. Here are tips for sidestepping the pitfalls in credit cards, investing, college costs and other areas. -
Czech companies complain credit crunch has begun (Radio Prague)
Posted: June 17th, 2009, 11:28am CDT
Czech companies are complaining that they are already being hit by a credit crunch with banks reluctant to lend them money. Meanwhile, the Czech National Bank has warned that the situation could get even worse for firms and households trying to get loans or already heavily in debt. -
Bad Advice Adds To Concertgoer's Qwest Center Crux (KETV 7 Omaha)
Posted: June 17th, 2009, 10:26am CDT
After losing her wallet at a Saturday night concert at the Qwest Center, a woman found further difficulty when the arena's employees gave her bad advice. -
Google's YouTube Losses: Not So Bad After All? (BusinessWeek)
Posted: June 17th, 2009, 10:06am CDT
Ever since Credit Suisse came out with a report in early April estimating that Google’s YouTube will lose as much as $470 million this year, many people have been predicting the video sharing site is doomed and calling Google stupid for continuing to run it as is. -
Citigroup CEO: Accept new world of tighter credit (The Mining Journal)
Posted: June 16th, 2009, 9:42am CDT
DETROIT (AP) - Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, Citigroup Inc.'s chief executive said Monday. During the past few years, ''U.S. -
Fixing bad credit takes money … and time (Bankrate.com)
Posted: June 16th, 2009, 6:43am CDT
Dear Debt Adviser, My husband and I leased a 2008 Honda Accord in May of last year. We moved to another state in November and both of our jobs fell through when we got settled. By February, we were three months behind on the lease payment and credit cards. -
Citigroup CEO: Accept World of Tight Credit (The Lakeland Ledger)
Posted: June 16th, 2009, 5:17am CDT
By JEFF KAROUB The Associated Press DETROIT | Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, Citigroup Inc.'s chief executive said Monday. -
Citigroup CEO: Accept new world of tighter credit (WZZM 13 Grand Rapids)
Posted: June 16th, 2009, 3:50am CDT
Citigroup Inc. Chief Executive Vikram Pandit says borrowers should accept a new world of tighter credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes. -
Citi CEO: Get Used to World of Tighter Credit (TheStreet.com)
Posted: June 15th, 2009, 11:17pm CDT
Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, said Citigroup's CEO Vikram Pandit. -
Accept new world of tight credit, Citi's CEO says (Deseret News)
Posted: June 15th, 2009, 10:32pm CDT
Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad... -
Accept new world of tight credit, Citi's CEO says (Deseret News)
Posted: June 15th, 2009, 10:28pm CDT
Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad... -
Citigroup CEO: Accept new world of tighter credit (Washington Post)
Posted: June 15th, 2009, 7:35pm CDT
DETROIT -- Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, Citigroup Inc.'s chief executive said Monday. -
Citigroup CEO: Accept new world of tighter credit (AP via Yahoo! News)
Posted: June 15th, 2009, 7:35pm CDT
Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, Citigroup Inc.'s chief executive said Monday. -
'Fool's Gold' blazes trail of understanding on credit crisis (USA Today)
Posted: June 15th, 2009, 6:00pm CDT
Pointing fingers of blame can be unseemly and unproductive. Following the sheer magnitude of the financial crisis ignited by J.P. Morgan's creation of a new kind of investment product credit derivatives in the early 1990s, Financial Times journalist Gillian Tett's narrative Fool's Gold is a welcome and engaging read. -
Citigroup CEO: Accept new world of tighter credit (Boston Herald)
Posted: June 15th, 2009, 5:04pm CDT
DETROIT- Citigroup Inc. Chief Executive Vikram Pandit says borrowers should accept a new world of tighter credit as financial institutions recover from months of bad loans,... -
Citigroup: Accept New World of Tighter Credit (WXYZ-TV Detroit)
Posted: June 15th, 2009, 4:18pm CDT
Citigroup Inc. Chief Executive Vikram Pandit says borrowers should accept a new world of tighter credit as the financial institutions recover from months of bad loans, failed banks and foreclosed... -
Citigroup CEO: Accept new world of tighter credit (San Francisco Chronicle)
Posted: June 15th, 2009, 3:53pm CDT
Borrowers should accept a new world of tighter, more expensive credit as financial institutions recover from months of bad loans, failed banks and foreclosed homes, Citigroup Inc.'s chief executive said Monday. During the past few years, "U.S. consumption and... Sponsored Topics: Vikram Pandit - Citibank - Chief executive officer - Citigroup - Business -
Citigroup CEO: Accept new world of tighter credit (AP via Yahoo! Finance)
Posted: June 15th, 2009, 3:10pm CDT
Citigroup Inc. Chief Executive Vikram Pandit says borrowers should accept a new world of tighter credit as the financial institutions recover from months of bad loans, failed banks and foreclosed homes. -
New Order Swap Peter Hook for Blur's Alex James for New Band Bad Lieutenant (Pitchfork)
Posted: June 15th, 2009, 11:44am CDT
Well, it's official now: New Order are broken up. The BBC reports that the non-Peter Hook members of the group have a new group with a new name: Bad Lieutenant . And they've also got themselves a new bassist. (via NME ) -
Capital One sees bad credit card debt rise (BizJournals)
Posted: June 15th, 2009, 8:46am CDT
Capital One Financial Corp. wrote off 9.4 percent of U.S. credit card debt in May as uncollectible. The annualized figure compares with a write-off of 8.56 percent in April. -
Capital One Financial sees bad credit card debt rise (BizJournals)
Posted: June 15th, 2009, 7:30am CDT
The ongoing financial slump with unemployment at 9.4 percent is continuing to hit Capital One Financial Corp. (COF) -
Aon launches bespoke online tool for diagnosing credit risks (PrintWeek)
Posted: June 15th, 2009, 6:37am CDT
Aon Trade Credit has launched an online diagnostic tool that it said identifies customers struggling to make payments and helps prevent bad debt. -
Credit Card Law Reveals State of Confusion (TheStreet.com)
Posted: June 15th, 2009, 5:47am CDT
The new credit card law was long overdue, and its quick passage almost added to the disaster. -
AP IMPACT: Weak security enables credit card hacks (AP via Yahoo! News)
Posted: June 14th, 2009, 10:41pm CDT
Every time you swipe your credit card and wait for the transaction to be approved, sensitive data including your name and account number are ferried from store to bank through computer networks, each step a potential opening for hackers. -
Hard times make credit score key (Minneapolis-St. Paul Star Tribune)
Posted: June 14th, 2009, 9:31pm CDT
As the recession drags on, more people find their all-important credit scores slipping. Here's why - and what you can do about it. -
German credit crunch deepens (Daily Telegraph)
Posted: June 14th, 2009, 4:13pm CDT
Germany's top industrial group has warned that credit conditions are going from bad to worse across much of the country's manufacturing base. -
Bad credit a huge hurdle for jobless (Honolulu Advertiser)
Posted: June 14th, 2009, 7:32am CDT
Dan Denton is stuck in a vicious cycle: He's behind on his bills after losing his job. But lousy credit is spoiling his chances of finding new employment. Recruiters from a St. Louis-based investment company recently rescinded an offer after looking at his credit history, which has been mauled by overdue card payments and an impending foreclosure on his house. -
Bad credit and job offers don't mix (San Francisco Chronicle)
Posted: June 14th, 2009, 2:43am CDT
Dan Denton is stuck in a vicious cycle: He's behind on his bills after losing his job. But lousy credit is spoiling his chances of finding employment. Recruiters from a St. Louis investment company recently rescinded an offer after looking at his credit... Sponsored Topics: St. Louis Missouri - Missouri - United States - Metro Areas - Saint Louis Metro -
WOODHAVEN: Police arrest woman suspected of being part of a 'bad check bandits' ring (The News-Herald)
Posted: June 13th, 2009, 6:36am CDT
WOODHAVEN — Officers arrested an 18-year-old woman suspected of being part of a ring of “bad check bandits,” according to a police report. -
Credit card case (Napa Valley Register)
Posted: June 13th, 2009, 1:37am CDT
A 26-year-old Napa man was arrested for violation of probation Wednesday morning after a citizen reported he had made unauthorized purchases on a credit card, Napa police reported. -
PNC Financial Services to build reserves for bad loans (Pittsburgh Tribune-Review)
Posted: June 13th, 2009, 1:02am CDT
The biggest credit losses tied to residential real estate are in the past, though commercial real estate and general corporate borrowing are beginning to show "weakness." -
Could Your Credit Be Too Good? (Time Magazine)
Posted: June 13th, 2009, 12:20am CDT
Why lenders are punishing those who borrow too little and always pay on time -
Credit report fix turns fiasco (Atlanta Journal-Constitution)
Posted: June 12th, 2009, 9:58pm CDT
For more than two years Robyn Mueller has been battling credit reporting giant Equifax, which mixed her twin brother's data into her file, then failed to correct the errors, records show. -
Credit card trap (The Star)
Posted: June 12th, 2009, 6:53pm CDT
Less than a month ago, US President Barack Obama signed sweeping credit card reforms into law to shield American credit card holders from predatory fees, among others. With mounting credit card debts and a tough climate, could now be a good time for Malaysia to consider similar reforms? -
Amherst Credit-Default Swap Trades Spark JPMorgan, RBS Protests (Bloomberg)
Posted: June 12th, 2009, 2:51pm CDT
June 12 (Bloomberg) -- JPMorgan Chase & Co. , Royal Bank of Scotland Plc and at least five other banks are considering rules to require sellers of credit-default swaps on mortgage bonds to disclose when they may have the power to render the contracts worthless, according to people familiar with the situation. -
6 Ways To Start A Business With Bad Credit (Small Biz Resource)
Posted: June 11th, 2009, 9:15am CDT
While the state of the economy should never be a deterrent in starting a small business -- people and businesses still need to consume goods and services -- a downturn does have an effect on your ability to find and obtain capital for their ventures, especially if your personal credit is a bit lacking. -
Bad credit history, job offers don't mix (The Monterey County Herald)
Posted: June 11th, 2009, 3:57am CDT
LOS ANGELES — Dan Denton is stuck in a vicious cycle: He's behind on his bills after losing his job. But lousy credit is spoiling his chances of finding new employment. Recruiters from a St. -
Bad credit? Fix It Yourself and Save (ThirdAge)
Posted: June 10th, 2009, 2:43pm CDT
Q: Dear Debt Adviser, I'm considering paying a credit repair company for its services, but I don't know much about the firm other than it charges $100 to join and $30 a month for erasing bad credit items from your credit report. -
8 Plead Guilty in Area Restaurant Credit Card-Skimming Scam (Washington Post)
Posted: June 8th, 2009, 11:00pm CDT
The charges began appearing on their credit card bills after they had eaten at well-known Washington restaurants: thousands of dollars for televisions and iPods at Target; hundreds more for American Express gift cards at Giant Food. -
Maine credit unions share the bread and the money (Bangor Daily News)
Posted: June 8th, 2009, 10:50pm CDT
BREWER, Maine ? The ?bread? that was given away on Monday by an association of state credit unions during the group?s fifth annual Share the Bread event can be toasted and used to buy ? -
One bad inning sinks Vikings in 9-3 district baseball loss (Crawford County Avalanche)
Posted: June 8th, 2009, 2:58pm CDT
One bad inning. Grayling High School's varsity baseball team had a 3-2 lead vs. the Mancelona Ironmen during Saturday's District 67-3 semifinal game, but the Ironmen scored six runs in the bottom of the fifth inning and went on to win 9-3. The tournament was played at Kingsley. -
State of the Unions 2009: Knowing clients and making smaller, safer loans gives credit unions edge during recession (Wisconsin State Journal)
Posted: June 8th, 2009, 9:32am CDT
A few south-central Wisconsin credit unions are struggling, but most are weathering the recession better than many banks, according to the latest financial strength ratings from BankRate.com and Bauer Financial, two national rating services. None of 42 area credit unions received the lowest one-star rating, based on 2008 financial data. Two received superior ratings from both services, and three ... -
Credit card tips for students (ABC 2 Baltimore)
Posted: June 8th, 2009, 8:08am CDT
Parents, don't let your kids flunk Finance 101. Help them manage their first credit cards - tips and links inside. -
Ohio Turnpike To Accept Credit Card Payments (News Channel 5 Cleveland)
Posted: June 8th, 2009, 7:37am CDT
CLEVELAND -- That scramble for cash and loose change as you approach an exit on the Ohio Turnpike may be coming to an end. The 241-mile turnpike plans to allow drivers to pay by credit and debit cards by year's end. -
Standard & Poor's lowers Ireland credit rating (AFP via Yahoo! News)
Posted: June 8th, 2009, 6:44am CDT
International ratings agency Standard & Poor's on Monday cut Ireland's sovereign credit rating as the nation's finances were savaged by a costly rescue package for the banking sector. -
Bad credit? Fix it yourself and save (Bankrate.com)
Posted: June 8th, 2009, 6:42am CDT
Dear Debt Adviser, I'm considering paying a credit repair company for its services, but I don't know much about the firm other than it charges $100 to join and $30 a month for erasing bad credit items from your credit report. -
Bad credit? Fix it yourself and save (Bankrate.com via Yahoo! Finance)
Posted: June 8th, 2009, 5:00am CDT
Costly credit repair firms can't perform magic. What they can do, you can do for free. -
Box major's credit graded down (Fairplay)
Posted: June 8th, 2009, 4:51am CDT
FRENCH liner operator CMA CGM has been hit with bad credit rating news as tough global market conditions take their toll. Moody’s, the rating agency, knocked down the corporate family rating and default pro ... -
Credit crunch: Reform law makes getting charge cards harder for young people (Waterloo-Cedar Falls Courier)
Posted: June 8th, 2009, 3:44am CDT
CEDAR FALLS --- New federal credit card regulations aimed at preventing young people from accumulating too much debt don't give young people much credit, some college students say. -
Online Credit Service Provides New Easy Way to get Credit Reports of Swedish Companies (PRWeb via Yahoo! News)
Posted: June 8th, 2009, 2:01am CDT
In the wake of the financial crisis in Europe, Online Credit Service is enabling customers a new fast way of getting accurate credit reports of Swedish companies without any commitments or contracts, never before available to clients outside Sweden. -
Credit card tips for students (ABC Action News Tampa Bay)
Posted: June 7th, 2009, 11:27pm CDT
Parents, don't let your kids flunk Finance 101. Help them manage their first credit cards - tips and links inside. -
CIBC feels the pain on toxic credit investments (National Post)
Posted: June 7th, 2009, 11:02pm CDT
It reported a writedown of $475-million for the second quarter, on top of nearly $10-billion that it has taken since the credit crunch began nearly two years ago -
Credit union revote: Ousted incumbents get second chance (The Tribune-Democrat)
Posted: June 7th, 2009, 10:55pm CDT
Losers in last month’s USSCO Johnstown Federal Credit board of directors election are getting a “do over” thanks to a little-known quirk in the organization’s bylaws and procedures. -
Could Bad Credit Kill Your Job Chances? (WTVM 9 Columbus)
Posted: June 7th, 2009, 6:18pm CDT
COLUMBUS, GA (WTVM) - A viewer recently emailed us asking how and why companies check your credit during a job search. So we went straight to the experts to find out. -
AKPK helps manage bad loans worth RM1b (Business Times (Malaysia))
Posted: June 7th, 2009, 4:05pm CDT
CREDIT Counselling and Debt Management Agency (AKPK) has managed RM1 billion non-performing loans (NPLs) from over 26,000 individual borrowers since it opened its doors to Malaysians three years ago. -
Credit crunch: Reform law makes getting charge cards harder for young people (Waterloo-Cedar Falls Courier)
Posted: June 7th, 2009, 6:29am CDT
CEDAR FALLS --- New federal credit card regulations aimed at preventing young people from accumulating too much debt don't give young people much credit, some college students say. -
Banks change credit market (Sun-Sentinel)
Posted: June 7th, 2009, 2:25am CDT
If your credit card company just slashed your available line of credit — and millions of consumers have seen their credit lines snipped — maybe it's time to call the credit card company and ask for a change of heart. -
Trapped: It's hard to get a job if your credit is bad (Los Angeles Times)
Posted: June 7th, 2009, 2:16am CDT
If you're unemployed, falling behind on bills can make it tougher to find work Dan Denton is stuck in a vicious cycle: He's behind on his bills after losing his job. But lousy credit is spoiling his chances of finding new employment. -
To credit or not to credit (Pittsburgh Tribune-Review)
Posted: June 6th, 2009, 11:08pm CDT
So confident is the Pennsylvania Budget and Finance Committee of its report concluding that the Keystone State's $75 million annual tax credit to TV and movie producers is the next best thing to free music downloads for life that it expressly states the committee does not necessarily concur with the report's findings. -
On otherwise bad day, new money good news for city (comment) (Belleville Intelligencer)
Posted: June 6th, 2009, 6:24pm CDT
Give the federal Conservative government credit: it promised to deliver a whack of infrastructure money and it did just that. And Belleville residents have plenty to be thankful about regarding this money too.[...] -
State of the Unions 2009: Knowing clients and making smaller, safer loans gives credit unions edge during recession (Wisconsin State Journal)
Posted: June 6th, 2009, 3:47pm CDT
A few south-central Wisconsin credit unions are struggling, but most are weathering the recession better than many banks, according to the latest financial strength ratings from BankRate.com and Bauer Financial, two national rating services. None of 42 area credit unions received the lowest one-star rating, based on 2008 financial data. Two received superior ratings from both services, and three ... -
Credit unions operating in LV lose cash in quarter (Las Vegas Review-Journal)
Posted: June 6th, 2009, 5:00am CDT
All 14 credit unions operating in Southern Nevada lost money in the first quarter as the area's economy slipped further into the abyss. -
Animal rescue centre feels effects of credit crunch (Gazette)
Posted: June 6th, 2009, 3:34am CDT
AN ANIMAL rescue worker says she is almost too scared to answer her phone in case it is another person wanting to re-home their pet because of the credit crunch. -
CIBC feels the pain on toxic credit investments (National Post)
Posted: June 6th, 2009, 12:17am CDT
It reported a writedown of $475-million for the second quarter, on top of nearly $10-billion that it has taken since the credit crunch began nearly two years ago -
Enhanced GM Bail-out Bad for Americans (Angus Reid)
Posted: June 5th, 2009, 11:13pm CDT
(Angus Reid Global Monitor) - Adults in the United States are disappointed with the federal government’s decision to take ownership of automaker General Motors and provide $30 billion U.S. in additional bailout funding, according to a poll by Rasmussen Reports. 53 per cent of respondents believe the course of action is a bad idea. -
Diploma offers hope after 'bunch of bad mistakes' (The State)
Posted: June 5th, 2009, 11:04pm CDT
Night after night, Brandon Pittman woke from bad dreams of being homeless, afraid of failure. • Videos: Blythewood | Richland Northeast | Photos: Batesburg-Leesville | Swansea | Ridge View | Spring Valley Are you going to a graduation ceremony? Send us your photos and videos! -
CBS credit ratings: It's in the eye of the beholder (Los Angeles Times)
Posted: June 5th, 2009, 8:07pm CDT
Credit rating agency Standards & Poor's lowered its grade for CBS' debt to BBB-. -
CIBC feels the pain on toxic credit investments (National Post)
Posted: June 5th, 2009, 6:02pm CDT
It reported a writedown of $475-million for the second quarter, on top of nearly $10-billion that it has taken since the credit crunch began nearly two years ago -
Credit card bill helps some, hurts some (Bakercityherald.com)
Posted: June 5th, 2009, 2:07pm CDT
The credit card reform bill that President Obama signed into law last week protects consumers from the most egregious traps that card companies set. But the fact remains that the worst credit wounds are self-inflicted. -
Baseball deserves credit for addressing mental, emotional issues (The Sporting News via Yahoo! News)
Posted: June 5th, 2009, 11:14am CDT
This had to be a first: When the Reds and Cardinals met earlier this week, a key player from each club was disabled not for any physical ailment but because of a mental or emotional problem. -
One bad inning sinks Vikings in 9-3 district baseball loss (Crawford County Avalanche)
Posted: June 5th, 2009, 8:13am CDT
One bad inning. Grayling High School's varsity baseball team had a 3-2 lead vs. the Mancelona Ironmen during Saturday's District 67-3 semifinal game, but the Ironmen scored six runs in the bottom of the fifth inning and went on to win 9-3. The tournament was played at Kingsley. -
Bad Credit Loans Help Offset Economic Gloom and Negativity (PRWeb via Yahoo! News)
Posted: June 5th, 2009, 2:01am CDT
The loan sector devoted to bad credit loans is ramping up efforts to extend credit to people who need it but cannot qualify for a conventional bank loan, explains Andy Hygate from www.loansbadcredit.org.uk. Such action is needed in order to respond to a wide range of increasingly dire circumstances that weigh down the British economy. -
How to shrink a dink on your credit file (ABC Action News Tampa Bay)
Posted: June 4th, 2009, 11:12pm CDT
Advice for someone with one bad mark on her credit report -
(AFX UK Focus) 2009-06-05 02:03 UPDATE 1-Vietnam's bad debt at 2.6 pct, seen rising quickly (Interactive Investor)
Posted: June 4th, 2009, 8:32pm CDT
HANOI, June 5 (Reuters) - Vietnam's central bank said bad debt was on the rise, accounting for about 2.6 percent of all outstanding loans in the country's banking system. "Bad debt tended to rise quickly but is still under the control of the central bank and other credit organisations," Nguyen Huu Nghia, director of the central bank's Monetary Statistics and Forecast Department said in a report ... -
(AFX UK Focus) 2009-06-05 01:37 Vietnam's bad debt at 2.6 pct, seen rising quickly (Interactive Investor)
Posted: June 4th, 2009, 8:17pm CDT
HANOI, June 5 (Reuters) - Vietnam's central bank said bad debt was rising quickly, accounting for about 2.6 percent of all outstanding loans in the country's banking system. "Bad debt tended to rise quickly but is still under the control of the central bank and other credit organisations," Nguyen Huu Nghia, director of the central bank's Monetary Statistics and Forecast Department said in a ... -
Govt may buy bad real estate loans (The Peninsula)
Posted: June 4th, 2009, 4:12pm CDT
DOHA: Qatari banks have been asked to provide details of their bad or doubtful real estate loans to the regulator, the Qatar Central Bank (QCB), which has been entrusted with disbursing the state’s real estate package worth QR15bn among them. -
(AFX UK Focus) 2009-06-04 16:05 FACTBOX-U.S., European bank writedowns, credit losses (Interactive Investor)
Posted: June 4th, 2009, 10:32am CDT
June 4 (Reuters) - Top U.S. and European banks have lost more than $900 billion on toxic assets and from bad loans since the start of 2007. Writedowns on structured credit and other assets soared in 2008 as a global financial crisis deepened. Losses on souring corporate and home loans are rising as economies worsen. Losses by banks between 2007 and 2010 are expected to reach almost $2.5 ... -
Clark Howard: Debt-settlement firms -- help or hindrance? (CNN)
Posted: June 4th, 2009, 8:09am CDT
Have you seen those ads being run by the debt-settlement outfits on bad late-night TV? Their promise is always the same -- to reduce your credit card debt to just pennies on the dollar without making you file for bankruptcy! -
Bad certified check won't damage credit (Bankrate.com)
Posted: June 4th, 2009, 6:43am CDT
Dear Dr. Don, My online employer promised to issue me a certified check. However, I've been hearing stories about counterfeit certified checks. What exactly is a certified check? How does one know if a check is a counterfeit? -
Man Arrested After Alleged Drug Deal Goes Bad (WTOV 9 Steubenville)
Posted: June 4th, 2009, 6:34am CDT
A Toronto man is waking up in the Jefferson County Jail after police said a drug deal went bad. Toronto Police told NEWS9 that the man was arrested Wednesday night for possession of marijuana and prescription drugs in his home on 5th Street. -
Bad certified check won't damage credit (Bankrate.com via Yahoo! Finance)
Posted: June 4th, 2009, 5:00am CDT
Cashing a counterfeit certified check at a bank will not damage the credit score of the payee. -
Bad certified check won't damage credit (Bankrate.com via Yahoo! Finance)
Posted: June 4th, 2009, 5:00am CDT
Cashing a counterfeit certified check at a bank will not damage the credit score of the payee. -
Bad certified check won't damage credit (Bankrate.com via Yahoo! Finance)
Posted: June 4th, 2009, 5:00am CDT
Cashing a counterfeit certified check at a bank will not damage the credit score of the payee. -
Kingfisher Upgraded To Outperform At Credit Suisse (Fox News)
Posted: June 4th, 2009, 4:04am CDT
Kingfisher Upgraded To Outperform At Credit Suisse -
The world's worst credit cards (MSN Money)
Posted: June 4th, 2009, 3:46am CDT
Monstrous fees, high interest rates, disappearing rewards . . . credit card companies are battering consumers across the board. But no cards are worse than these. -
Penn's credit is OK despite bad economy (Daily Pennsylvanian)
Posted: June 4th, 2009, 1:14am CDT
Despite recent downgrades in credit ratings across universities, Penn remains unscathed. Penn has retained its original ratings of AA+ from Standard & Poor's Ratings Services and Aa2 from Moody's Investor Service that it earned last year. Last week, credit ratings of numerous colleges - including Dartmouth and Bard Colleges - declined due to waning endowment values and other financial issues, ... -
Unlocking Credit Markets for Franchise Business Development (HispanicBusiness.com)
Posted: June 4th, 2009, 1:10am CDT
Since the start of 2009, the International Franchise Association has taken a leading role in advocating for an enhanced focus on the economic challenges and troubles facing the franchise business community . In the wake of the severe economic downturn on Wall Street, IFA began calling on the federal government to take action that would thaw frozen credit markets. -
Credit Repair Scam Targets Elderly (KMGH 7 Denver)
Posted: June 3rd, 2009, 5:55pm CDT
Companies claim to have the power make all of your bad credit go away with just a wave of their magic wand and a substantial fee, but AARP Elder Watch warns, there is no magic wand and bad credit can not be erased. -
Hey, baby, how's your credit? (MSN Money)
Posted: June 3rd, 2009, 3:48pm CDT
'Dearly beloved, we are gathered here . . . to exchange credit scores.' OK, you might not want to go that far, but sharing financial data before marriage can help a relationship. -
Lawsuit: Hospital ruined credit (The Charlotte Observer)
Posted: June 3rd, 2009, 12:14pm CDT
A Charlotte woman is suing Presbyterian Healthcare for identity theft, unfair trade practices, invasion of privacy and libel over a mix-up she said destroyed her credit. -
MONEYWISE: Failure to opt out on new credit card terms can cost consumers (Daily Breeze)
Posted: June 2nd, 2009, 6:59pm CDT
It's no secret that credit-card companies are desperate for new sources of revenue to cope with their internal financial crises and, of late, record payment defaults by cardholders. -
Suit: Hospital ruined her credit rating (The Charlotte Observer)
Posted: June 2nd, 2009, 6:39pm CDT
A Charlotte woman is suing Presbyterian Healthcare over a mix-up she said destroyed her credit. -
Wall Street to Clear Client Credit Swaps by Dec. 15 (Update2) (Bloomberg)
Posted: June 2nd, 2009, 5:33pm CDT
June 2 (Bloomberg) -- Wall Street banks including JPMorgan Chase & Co. , Goldman Sachs Group Inc. and UBS AG will for the first time offer hedge-fund customers protection by backing credit-default swap trades with clearinghouses by Dec. 15. -
Police Look For Thief Who Stole Credit Cards From Nurse's Car (LEX 18 Lexington)
Posted: June 2nd, 2009, 4:53pm CDT
Police in Clark County are looking for the public's help in identifying a thief who allegedly stole credit cards and a checkbook from the car of a nurse at Clark Regional Hospital in April. -
Credit-card thefts blamed for Spicy Pickle closings in Kalamazoo (The Kalamazoo Gazette)
Posted: June 2nd, 2009, 2:46pm CDT
The area's two Spicy Pickle restaurants closed Monday, their owners saying that they were victims of the fallout from a credit-card theft that happened at one of the restaurants last fall. -
Wall Street to Clear Client Credit Swaps by December (Update1) (Bloomberg)
Posted: June 2nd, 2009, 1:51pm CDT
June 2 (Bloomberg) -- Wall Street banks including JPMorgan Chase & Co. , Goldman Sachs Group Inc. and UBS AG will for the first time offer hedge-fund customers protection by backing credit-default swap trades with clearinghouses by December. -
Morgan's bad day on links good enough for big win (Niagara Falls Review)
Posted: June 2nd, 2009, 6:19am CDT
A bad day on the golf course for Colin Morgan is one most golfers would kill for.[...] -
Credit Card Reforms: A Discussion (Forbes)
Posted: June 2nd, 2009, 5:10am CDT
Our industry observers discuss the pros and cons of the new credit card bill. -
CIBC feels the pain on toxic credit investments (National Post)
Posted: June 2nd, 2009, 2:26am CDT
It reported a writedown of $475-million for the second quarter, on top of nearly $10-billion that it has taken since the credit crunch began nearly two years ago -
EVERYDAY CHEAPSKATE: Credit scoring changes you need to know (The Indiana Gazette)
Posted: June 2nd, 2009, 12:39am CDT
Remember the good ol' days when credit limits meant something, lenders reviewed credit applications, and the livin' was easy? I hate to break it to you, but those days are gone. -
New law restricts credit card use by young adults (Lawrence Journal-World)
Posted: June 2nd, 2009, 12:30am CDT
Parents should be particularly elated about one section of the freshly adopted credit card law that could keep young people out of debt. The Credit Card Accountability, Responsibility and Disclosure Act prohibits credit card issuers from extending credit to a person under 21 unless one of two conditions is met. -
Singletary: Parents get reins to credit control (Contra Costa Times)
Posted: June 1st, 2009, 5:17pm CDT
Parents should be particularly elated about one section of the freshly adopted credit card law that could keep young people out of debt. The Credit Card Accountability, Responsibility and Disclosure Act prohibits credit card issuers from extending credit to a person under 21 unless one of two -
EVERYDAY CHEAPSKATE: Credit scoring changes you need to know (The Indiana Gazette)
Posted: June 1st, 2009, 12:36pm CDT
Remember the good ol' days when credit limits meant something, lenders reviewed credit applications, and the livin' was easy? I hate to break it to you, but those days are gone. -
Use of credit card in the Internet (Good News Pilipinas)
Posted: June 1st, 2009, 7:58am CDT
By Francisco J. Colayco Question: Is investing on internet marketing with the use of credit card safe? How would I know if the website is scheming me? What are the things I shouldn't give to with regards to my credit card? Related posts: Credit card penalties By Francisco J. Colayco A Happy Easter to all! Even... Credit card insurance By Francisco J. Colayco If you have a credit card,... Kidult ... -
Aon Trade Credit UK Launches New International Team (Insurance Journal)
Posted: June 1st, 2009, 6:16am CDT
Aon Trade Credit UK announced the launch of an international team to support global companies in managing their receivables more proactively to prevent bad debt. "Liquidity was named one of the ... -
College Students with Bad Credit Can Now Afford College with Credit Challenged Scholarship from SpendOnLife.com (PRWeb via Yahoo! News)
Posted: June 1st, 2009, 6:00am CDT
SpendOnLife.com will award up to 10 scholarships, ranging from $500 to $5,000, to students who have been rejected for a student loan because of their negative credit or the current credit crunch. -
Lessons From A Personal Credit Crisis (Forbes)
Posted: June 1st, 2009, 5:08am CDT
What Edmund Andrews tells us about TARP. -
BusinessWise briefs: Credit counseling helps (The Cincinnati Enquirer)
Posted: June 1st, 2009, 4:47am CDT
This week, our experts discuss credit counseling services, retirement plans for people who own sole proprietorship businesses and whether escrow is a good or bad idea for homebuyers. -
Standard & Poor’s Keeps Sofia Credit Rating Positive (Novinite.com)
Posted: June 1st, 2009, 2:31am CDT
The international credit rating agency Standard & Poor's has decided to preserve the BB+ rating with a positive perspective of the Bulgarian capital Sofia. -
7 things to do with your credit report (rediff.com)
Posted: June 1st, 2009, 1:13am CDT
Now, many of you must be wondering how your credit report will look like, how to go about setting any mistakes in the report right, how to maximise the benefits of being able to access your credit score and other such issues. -
Lessons From A Personal Credit Crisis (Forbes)
Posted: June 1st, 2009, 12:40am CDT
What Edmund Andrews tells us about TARP.