9 Reasons for a good credit rating or FICO score

Does my credit rating really matter? That question goes through a lot of people's heads as they max out their credit card or don't pay their automobile payment Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events and community [more...]

Date: 2008-12-22 12:51:43

Blog posts (42) | Videos (9)
 

Debt Relief Companies Under Investigation by Florida Attorney General

The Tampa Bay Business Journal reports that Florida Attorney General's Economic Crimes Division has launched an investigation or filed charges against 10 companies offering Floridians credit counseling, credit repair, credit card rate ... about any company that purports to have a "secret process" to reduce debt or cut interest rates.  Credit [more...]

Date: 2008-10-18 14:48:20

What A Deregulated Health Care Market Would Look Like

Conservative health care reformers love to bash state regulations ... ? Look no further than credit card companies. In 1978, the U.S. Supreme Court ruled that banks could ... , not the interest rate of the states in which they do business. Credit card businesses quickly set up shop [more...]

Date: 2008-10-09 15:21:35

2 Out of 3 Ain't Bad, 7 out of 9 Is...

NEW YORK (AP) -- Average interest rates on most types of credit cards rose slightly this week, according to a report from CreditCards.com.Annual percentage rates on seven out of nine categories of cards -- business, instant approval ... Thursday. The APR on cards for people with bad credit held steady at 10.82 percent while rates on student [more...]

Date: 2008-11-14 17:47:00

Credit Card Companies Cutting Credit, Rewards; Upping Interest Rates.

Wall Street gets a bailout, regular old Americans see their available credit decrease, their interest rate go up, ... a bad thing in the long run; but right now with people getting laid off, grocery prices skyrocketing, and small businesses trying to make ends meet, is it a good or a bad thing to cut off credit [more...]

Date: 2008-10-29 16:00:06

Progressives Have Come Up With A Bill Worth Backing But Will Rahm Emanuel And His Allies Kill It?

Yesterday Alan Grayson, the Blue America endorsed candidate for the Orlando congressional seat held by pathetic Bush rubber stamp Ric Keller, ... bad choices, then "credit" (mortgages, car loans, business loans, etc.) will disappear ... was created, whenever there was a need to ease credit, the Federal Reserve lowered interest rates and bought [more...]

Date: 2008-10-01 09:30:00

Happy New Year Facebook - your employees think you’re lying about advertising. And they may have a point

A gremlin inside Facebook - or more likely a disgruntled employee - briefly hacked Facebook in the last few hours ... get you a 2:1″ and Bad credit? Get a credit card with 39.9% APR!’. Classy.” The thing is, social ... and business, then why do I get shown ads for Credit Rating Reports, as I did today? On thing’ [more...]

Date: 2009-01-05 11:59:10

When Toyota (TM) Has A Rating Cut, The Auto Business Really In Trouble

Batmobile512 Detroit is in real trouble. There has been some hope that the really healthy Japanese and European car companies could hold on to their credit ratings. Toyota (TM) has a bullet proof balance sheet compared with almost any other ... options as the cash balances of the US car companies head to zero. A purchase of all of part [more...]

Date: 2008-11-26 11:30:43

How Cutting The Fed Funds Rate Helps The U.S. Economy

... which credit card, equity line, and construction loan borrowing rates are based. As Prime Rate ... be needed to reverse that path. As Prime Rate falls, it brings business borrowing costs [more...]

Date: 2008-10-29 10:00:03

LendingClub Loans

Examples of loans being funded at the LendingClub. If these guys are getting their loans funded, couldn’t you? ... credit cards Tulsa, OK Purchase engagement ring RONKONKOMA, NY grow business,early payoff. tamarac, FL Using to pay down credit cards Rensselaer, NY Pay off credit card at lower rate Jupiter [more...]

Date: 2009-01-11 01:17:27

How the Fed's cut will filter down to borrowers, savers

After the Federal Reserve’s latest half-point interest rate cut on Wednesday (to 1% for its benchmark rate) ... and small-business loans: Because banks typically lower their prime lending rates in tandem with Fed rate reductions, many floating-rate loans pegged to the prime -- such as home-equity credit lines [more...]

Date: 2008-10-30 05:00:31

Trepidation About Quantitative Easing, Version 2.0

The Fed made official its move to quantitative easing today, and said it will take no prisoners until it has lowered rates and credit spreads further ... Securities Loan Facility to facilitate the extension of credit to households and small businesses [more...]

Date: 2008-12-17 10:28:49

The Strategic Advantages Of Maximizing Natural Business Growth

By Donald Mitchell Growth can occur naturally . . . or it can be forced by using bad methods ... on unsustainable gimmicks to grow their businesses (such as zero percent interest car loans, 125 percent of assessed value home loans with teaser rates, and tripling interest rates on credit cards for those [more...]

Date: 2009-01-14 05:02:38

Canary in the Mine, Chirping

Few really bad ideas escape being floated in the New York Times:In the case of the Treasury, ... , increasing interest rates for home- and auto-buyers, for businesses and credit-card holders ... the money comes from the same wellspring that has been financing American debt for decades [more...]

Date: 2008-12-28 20:31:00

Motorola Credit Rating Downgraded to Junk Status

It’s been a long time coming, but Motorola’s struggling mobile phone manufacturing business has finally caught up with its finances. Citing Motorola’s “operational challenges” that are not expected to fix themselves in the intermediate term, the Standards & Poor’s (S&P) Ratings Services has cut its long-term credit [more...]

Date: 2008-12-07 20:19:50

Identity Theft - A Growing Business

With the shopping season in full swing even though we are experiencing a difficult time across all industry sectors there is one business that is ... the theft of your very existence right down to banking details, credit cards and even your medical ... transfer rates, why not have one of our wonderful credit card pamphlets et al, all of which [more...]

Date: 2008-12-15 02:02:48

O.C. house prices seen rising in 2013

Fed plan should stem credit card crunch Lenders did booming business in stressed counties Nominate an O.C ... should stem credit-card crunch Group calls for 180-day foreclosure moratorium O.C. mortgage rate drop a “miracle” Fed to pump $800 billion into credit markets Downey Financial to file for bankruptcy [more...]

Date: 2008-11-29 11:00:43

Illinois Mortgage Rates Weekly Update

Welcome to Illinois Mortgage Rates and News week in review for the week ending June 27th, ... might do more harm than good. The credit crunch is still in force, and hiking rates would mean that credit goes from tight to a stranglehold, smacking the real estate market and the business climate [more...]

Date: 2008-06-28 15:51:40

NFL considers reducing teams' borrowing cap; Patriots sue bond insurer

By Aaron Kuriloff Bloomberg The National Football League will consider reducing the amount each team can borrow following turmoil in the global ... " on cheap, available credit to maintain cash flow, expand business and pay players, said Marc Ganis ... and to provide working capital," Fitch Ratings said in a June report. Ganis said the credit crunch [more...]

Date: 2008-10-15 19:41:36

Are Seller Assisted Down Payment Programs Bad For FHA?

In answer to a recent comment on my post “H. R. 6694 Passes Out Of Committee” I made the statement that: ... for their default rates. FHA programs aren’t the problem bringing down the credit industry. With seller ... business, buyers had to put down essentially 5%. FHA is a self supporting program where [more...]

Date: 2008-10-16 21:27:28

Car Loans

Like all sophisticates, ... a great job of detailing how the car loan business looked amidst the general credit madness: Here’ ... the financing, often because they advertise lower rates than banks. That’s when the scam starts. Many car [more...]

Date: 2008-12-22 18:56:16

Take a little less yield on a CD, keep a bank in business

Today Justin is out doing what in the news business we call "reporting ... in the first place. "Higher rates are a short-term fix," says Camden Fine, president and CEO ... and businesses supposed to be starved for credit? I asked [more...]

Date: 2008-12-10 19:08:15

At the Fed, rate cuts aren't where the action is any more. Quantitative easing is

In one sense the Federal Open Market Committee's decision today to move its intended Federal Funds rate down to "a target range .. ... Loan Facility to facilitate the extension of credit to households and small businesses.  The Federal Reserve will continue to consider ways of using its balance sheet to further support credit markets [more...]

Date: 2008-12-16 21:31:42

Meltdown far from over, new mortgage crisis looms

from the Associated Press: Black Friday’s retail shoppers hunting for holiday bargains won’t be enough to stave off what’s likely to become the next ... Ratings Ltd., which evaluates companies’ credit. “We’re probably in the first inning ... . That’s bad news for more than just property owners. When businesses go dark, employees lose jobs [more...]

Date: 2008-11-28 16:17:23

Who’s At Fault for Economic Crisis - Everyone: Tom Friedman

I would encourage everyone to read Thomas Friedman’s column in the New York Times today.  Along those same lines check out PBS’ Now and their report on the credit rating agencies ... , with nothing down and nothing to pay for two years; people who had no business pushing such mortgages [more...]

Date: 2008-11-26 14:57:32

Today's Cartoon: Taking The High Road

According to Rasmussen Reports,a poll conducted on July 1, 2008 shows that Congress now has an all-time low favorable approval rating of 9%! ... for months to create a software "patch" released on Tuesday to repair the problem, which is in the way ... of businesses such as bank or credit card companies to trick them into disclosing account numbers [more...]

Date: 2008-07-09 21:49:43

5 Financial Crisis ‘Aftershocks’ You Must Prepare For Today

Investors are fleeing the stock market as the rules of the game keep changing ... , credit providers, rating agencies and others all work to change the way business is conducted – [more...]

Date: 2008-11-18 15:11:39

How to Use 0% Interest Credit Cards

If you're credit is strong enough to garner the attention of credit card companies offering 0% introductory interest rates, then you surely have the discipline Huntsville Alabama car loans financing with bad credit mortgage home loans, real estate auto insurance, web design. Huntsville schools festivals business events [more...]

Date: 2008-12-23 12:45:37

Use Online Surveys To Build Customer Trust And Loyalty And Thrive During The Recession

The ongoing financial crisis and talk of recession has left a lot of Internet marketers worried about whether they will be able to stay in business ... . Social network marketing sites, email, instant messaging and Skype all offer the Internet marketer ... with products first is not a great way to raise your credit rating with your prospects. One good way [more...]

Date: 2008-11-19 17:54:53

Cameron Turns Back the 'Do Nothing' Charge Onto Brown

David Cameron has just announced a plan to abolish income tax on savings for basic rate taxpayers. Good ... David Cameron's National Loan Guarantee plan, which would get credit flowing again to businesses ... of tax• Raising the tax allowance for pensioners by £2,000• Publishing reports, for consultation [more...]

Date: 2009-01-05 12:41:00

UAE fixed deposits pay 6-6.6%

Order my book online from this link Hunting around the world for a safe investment option is pretty fruitless these days with interest rates ... . Hence banks are paying higher interest rates to attract deposits and will then loan this money ... a healthy accommodation of a downturn in the business cycle. The UAE credit squeeze will downsize [more...]

Date: 2009-01-08 05:39:52

Bonita Springs Florida Monday Mortgage Report 04-27-2009

Mortgage Rates Hit 5 Year High This week it is projected that mortgage rates will reach a 5 year record high.  Thanks to declining markets, credit lending guidelines tightening down, banks going out of business or merging to avoid bankruptcy, and many other economic factors, potential homeowners will now be facing an even more difficult time in trying to qualify for a new home due to the sharp an sudden increase in mortgage loan interest rates. [more...]

Date: 2009-04-27 13:42:00

ARM TWISTING NOT UNDERWRITING

I'm not surprised politicians are exasperated with the banks' apparent reluctance to lend money to consumers and businesses at “reasonable” rates ... for irresponsible lending in "bad times". As the UK economy expanded through the 90s and 00s, financing ... the green light to the banks to dish out money to bad credit risks; if all turns out OK, the bank [more...]

Date: 2009-01-14 22:23:00

The Secret Of Making Bad Credit Business Loan Work For You.

by Don Pedro There are many lending companies but not all are good ... be considered for payday loan. Different companies charges various rates for their cash advance loans ... the right one can save you a lot of headaches in the future. Never go blindly into taking a payday loan [more...]

Date: 2008-10-07 20:20:24

Today in Russian Business - Jan 14th, 2009

The financial crisis is having a dire effect on migrants who depend on money from their employers to support their families back home, ... had its credit rating lowered to 'junk' by Standard & Poor's. The government wants to counter [more...]

Date: 2009-01-14 11:33:41

Bad Credit? Have We Got a Mortage for You...

From Giovanni Diviacchi:My wife and I want to buy a house, but we found that the only mortgage that we were eligible for was a new product called a Late Payment Mortgage.  It's for people with really bad credit.  The bank gives you a lower interest rate if you let them begin foreclosure proceedings at the closing table.***Giovanni Diviacchi is a business analyst and stand-up comedian in  Washington, D.C. [more...]

Date: 2009-06-13 10:00:00

Commercial real estate mortgage rates

Even if finance techniques relating to long-term business might seem appropriate in several circumstances, ... to be cheaper by producing enhanced credit card processing as well as commercial mortgage results ... , along with loan programs on the commercial basis. Commercial real estate mortgage rates need [more...]

Date: 2009-01-07 00:42:46

Financial Ramblings - $100 Gift Certificate Contest

We have a busy financial ramblings today as we will be A GIVING CHAPTERS GIFT CERTIFICATE OF $100 (Sponsored by INSURE CAN) ... to know what a stock split is, ABC’s of investing is proving a great definition. The Credit Toolbox is giving you reasons to take a variable rate mortgage. I’m a big fan of variable rate mortgage since it’ [more...]

Date: 2009-01-17 02:00:47

YouTubers, Beware: Viacom May Soon Slip You a Subpoena

YouTubers, Beware: Viacom May Soon Slip You a Subpoena (Image credit: Gizmodo.com, referring to the RIAA's relentless consumer suing spree) ... Business Notes Congress may approve "the biggest overhaul of mortgage financing since the New Deal ... is designed to help you get the best loan available at the lowest interest rate possible. Apply for [more...]

Date: 2008-07-07 08:10:02

The FHA and Impact on Real Estate Values

Today the FHA, the Federal Housing Administration, is a gigantic player in the residential mortgage business. The FHA guarantees mortgages against default, and allows purchases of homes with only a 3.5% down payment, and provides a rock bottom interest rate of near 5%. These lenient terms apply to virtually everyone, even those with poor credit scores and little equity in the home, which are highly correlated with default. [more...]

Date: 2009-09-19 16:13:23

“Living beneath your means”

While most of America was busy trading home equity for a TV, RV, and SUV, I was busy renting apartments and driving an economy car ... times or bad. If you can’t stop using your credit card, get rid of it. An easy check to see ... bad it was. My father once said “I got a 21% rate on my loan, and I was glad to get it.” We may [more...]

Date: 2009-01-06 15:36:19

Fixing Credit Rating Agencies

And now for something completely different... I read yet another story on how the credit rating agencies (Standard and Poors, Moodys, Fitch, et al.) failed at their task of rating credit instruments (bonds, derivatives, etc.) to reflect the risk of those instruments. The credit rating business works like this: Companies that want to issue [more...]

Date: 2008-11-18 11:29:00

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