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

Blog posts (27) | Videos (25)
 

Beware of Credit Repair Scams

2009 may go down as the year when more Americans resolve to fix their credit than at any time in history – because high scores are now a requisite ... errors from your credit report. But at a hefty price for something you can do yourself. Others ... and paid them before they showed you results, call the FTC at 877-FTC-HELP and report them [more...]

Date: 2009-01-13 04:55:48

Here It Is: My Long-Awaited And Tremendously Under-Informed Opinion (At Least Of Late) About The Financial Crisis

Important people are telling us to be afraid... very afraid... of what will happen if we don't "fix" this "thing" ... depended on the credit markets to finance your auto loan — and now that the credit market has dried ... it affects us all: This is a credit crisis. It’s all about confidence. What you can’t see is how bank [more...]

Date: 2008-10-01 16:27:41

How Women Can Fix Their Credit Before Applying for a Job: Part 2 — Debt and Budgeting

a guest post by Michelle Dunn (www.bizchicksrule.com) ... I ran into a bad situation and turned to a credit counseling service that was a scam and I spent money ... — Earlier today, we talked about credit reports and credit scores. Now, let’s talk about managing [more...]

Date: 2008-09-18 16:25:41

Strangers On A Train

Had to take the train all the way out to the sticks again today so I could pick up my car ... s just not the same. “In business, do you take the person who screwed things up and put them in charge of fixing ... sweetly. “Now the original proposal includes foreign banks, credit card debt and school loans. That wasn’ [more...]

Date: 2008-09-22 18:00:46

FIXING AMERICAN ECONOMY

Like all of us, I’ve been listening for weeks now of how the presidential candidates are proposing to fix our economy ... (mortgage and credit cards alike) - that can be brought under control by government intervention and better ... . I would be glad to see that any credit is substantiated by income tax returns and is based [more...]

Date: 2008-10-27 21:01:03

When you should use a credit repair agency.

Credit has become a very important part of peoples live in todays age. If you have bad credit you are familiar with having closed doors to loans, bank cards, credit cards, car financing and mortgages. Now all is not lost and you have the option to start fixing your credit. [more...]

Date: 2009-09-29 18:23:10

When you should use a credit repair agency.

Credit has become a very important part of peoples live in todays age. If you have bad credit you are familiar with having closed doors to loans, bank cards, credit cards, car financing and mortgages. Now all is not lost and you have the option to start fixing your credit. [more...]

Date: 2009-09-29 18:23:10

Now is Not The Time to Panic

“I know people are scared watching the markets unravel. Don’t panic. That is the worst thing that you could do in a market like this. Think about it ... and remember this too shall pass. We will not fix decades of overspending, a housing bubble and credit ... was one approach to fixing the financial institutions that we need to remain healthy [more...]

Date: 2008-10-07 16:39:05

Fixing the Credit Markets

A Conversation No One Wanted To Have We’re now well into the third week of extremely disordered conditions in global capital markets, ... wouldn’t be so bad today. But the situation is what it is. What central banks, led by the Federal [more...]

Date: 2008-10-08 07:52:45

ChargeBerry- Do away with bulky Credit Card machines!

Life has become really fast-paced, where transactions are not complete without the use of your credit card. They are as valuable as other things. But just think of the situations where the credit card machines simply refuse to work, fixing it up, and again maintaining it! It can really be a task. Now it’s time to change with ChargeBerry. WHAT IT DOES? This intelligently designed application turns your BlackBerry device into a credit card virtual terminal! Exactly, that’s what you heard. [more...]

Date: 2009-09-29 08:06:12

Latest News in Credit Repair and Credit Score - Sep 10, 2008

Key is to pay bills on time - Baltimore Sun 8 Sep 2008 at 11:19pm A good credit score matters a lot now if you’re in the market for a home loan and don’t want ... by the foreclosure wave. Two years ago, a 620 FICO score was … Florida Real Estate: Fix Your Credit Score [more...]

Date: 2008-09-10 15:51:22

Berkeley Lunch on the Financial Crisis

Carolyn Said: UC Berkeley economists think through the crisis: Dissecting the global financial turmoil today, ... are inadequate. "Fixing this program is now very urgent," said Barry Eichengreen, professor ... the problem. The credit markets have shut down. The commercial paper market has imploded; inner bank [more...]

Date: 2008-10-03 01:19:07

Heads I Win, Tails You Lose

I missed this yesterday, somehow: Sen. John McCain (R-Ariz.) and his top aides took credit for building a winning bailout coalition – hours before the vote ... to be fixing blame… while blaming Obama. Now, I understand most of us are cynical about politicians [more...]

Date: 2008-09-30 14:37:09

Vote now on my congressman’s fix Washington gimmick. (Really!)

My favorite political reality game show — my congressman’s “Fix Washington Project” — has entered the voting stage ... to accomplish). His gimmick: Voters should send him their ideas for “fixing Washington”; he and his staff ... and procedurals or bills with no or few co-sponsors. (Give him credit, however, for seeking [more...]

Date: 2008-08-13 19:45:41

3rd Wave of Foreclosure Hits The Jobless

People With Traditional Mortgages Who Have Lost Their Jobs Are Now Facing Foreclosure (CBS) ... up. With a government job, good credit, and a 30 year fixed rate loan on her southern California house, Judy ... swept up are not greedy investors, or people who got in over their heads with bad loans, reports CBS [more...]

Date: 2008-11-29 06:00:20

Fixing a Global Confidence Crisis

It's been called a crisis of confidence. It started with bad real estate loans and highly leveraged bets on those loans. Now it has frozen credit markets. Banks aren't lending to each other. Businesses can't ... credit, the financial crisis threatens to become a real economic one. And it's global. Welcome [more...]

Date: 2008-10-08 23:12:39

An Extraordinarily Talented Dog's Guide to the Computer

Software now exists to monitor a dog's bark. It claims that it can tell whether the dog wants to go for a walk, wants to play, or is hungry ... but it doesn't work. photo credit: itchmo I can fix what you lot did wrong. Stupid, stupid, stupid ... , but it sounds good, doesn't it?) photo credit: animalattraction.com I think&nbsp [more...]

Date: 2008-10-15 09:58:48

Is that all there is? Bailout in hand, markets want more

With the $700-billion financial-system bailout bill now signed into law, ... from an ungrateful child: --- It’s no magic bullet. --- The freeze-up of the credit markets still is very serious. --- Fixing this will take a lot of time, because confidence in the system is shot [more...]

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

The Change We Need - GM to Fight War on Credit Crisis

GM, Ford, and Chrysler cannot go out of business. They must be bailed out by the governments of the United States of America, and Canada ... us from fixing our fleet now, except failed automakers and timid governments. -Moore said the same thing [more...]

Date: 2008-11-20 06:45:36

Obama Wins! Now He Has to Get it Right.

After an amazing landslide victory, Barack Obama is heading to the White House ... though banks now are, they remain central to the economy. Making credit available again (even ... garnered votes by sticking to its message. In fixing the economy, the opposite tack may be best: Don’ [more...]

Date: 2008-11-05 11:32:52

Obama: Educate from birth through college

Speaking at Stebbins High School (mostly white, average scores) ... credit to any middle-class student who’s willing to serve their community or their country.” (What about poor and rich students who serve?) Now, part of the plan also calls for fixing the broken [more...]

Date: 2008-09-10 01:35:32

Green America’s Solutios to Our Broken Economy

7 Fixes from the Green Economy Green America (formerly Co-op America) ... and can repair the damage and create a world that works for all. Economy Everyone now understands ... many name the mortgage and credit-default-swap crises as culprits, they are only the most recent [more...]

Date: 2009-01-16 01:59:08

Secondary Sources: Fixing Libor, Poole on the Crisis, Buy and Hold

A roundup of economic news from around the Web. Fixing Libor: On his maverecon blog, ... bank or small, the federal government is now beginning to walk down the path of credit allocation.” End [more...]

Date: 2008-10-17 14:22:12

Recession Gets Worse - The Fix Won’t Kill Ya

Recessions have a ripple effect on countries. Problems that start in one sector quickly spread to another ... and the real estate bubble, is now affecting job (the highest unemployment level in 16 years), credit ... released a report today highlighting the crisis. Here’s the key finding: Nationally, to maintain [more...]

Date: 2009-01-09 22:08:39

Toyota: Credit Not Responsible For Current Sales Slump, But Please Hurry Up And Fix! [Toyota Sales]

Jim Lentz, Toyota's US sales chief, told the Detroit News yesterday that consumer financing isn't their challenge right now; rather, ... are postponing car purchases. Dealers across the country are singing a similar tune, saying that well-qualified buyers can still get financing, but continuing bad economic news is keeping buyers [more...]

Date: 2008-10-10 14:00:00

Fixing Pirates of the Caribbean

As much as I’d like to, I can’t take credit for the nitpicky complaint that follows - it was pointed out to me years ago by an old co-worker of mine named Jory. And now it seems so glaringly [more...]

Date: 2008-08-07 12:30:03

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