What Exactly Is Credit Scoring?

Credit scoring is nothing new, it’s been used for 4 decades. Credit scoring is an fundamental aspect of life ... years ago. As soon as all your accounts are cleared you can begin to apply for a bad credit or no credit visa Master Card. This will be helpful for a individual to begin gaining a marvelous credit [more...]

Date: 2008-12-22 21:03:43

Blog posts (17) | Videos (19)
 

The Bank “Gaming” Culture

There is a “gaming” culture in the US Banking system that is has survived the Financial Meltdown - call it “the never give the suckers an even ... divestment. Citi as credit card provider lasted for two years when I found their practices so bad ... : Now lets be clear - I have never dealt with Citibank except through a credit card which [more...]

Date: 2008-11-28 21:15:39

Dow Will Swoon Again In 2009

We may be in the middle of a pre-Christmas rally, but Andrew Gordon says next year’s economic outlook is dire ... into the credit crunch, it’s still not clear which are the “good” banks and which are the “bad” ... . Job losses are soaring and consumer spending is drying up. And the great unwinding of the credit [more...]

Date: 2008-12-10 12:42:55

What Are No Teletrack Payday Loans?

by Chris Novaczek When you apply for a payday loan, one thing you may not realize is that your information may be analyzed by Teletrack ... a loan. It may be more difficult to get a payday loan with bad credit, but it is certainly possible ... . The specifics of this process are not entirely clear however. Some payday loan applicants who desire [more...]

Date: 2009-01-14 12:46:36

Late surge puts O.C. property tax payment up $141 million

Orange County’s Tax Collector reports that a late surge in payments has put the county $141 million ahead of last year’s property tax collections ... more days of heavy mail, too. Credit-card charges don’t clear until Monday. I’m very pleased ... all the economic turmoil? Chriss: Small business had it bad in 2006 and 2007. It was a stealth recession. [more...]

Date: 2008-12-13 06:54:44

Emergency Fed Meeting: Paulson and Fed Attempt to Jawbone Wall Street to Rescue Lehman

Not surprisingly, it appears increasingly unlikely that private parties are wiling to take on a company that is pretty certain to have negative net ... was a Bad Idea and told the attendees the would be well served to prevent that from happening ... , from cutting its credit rating. However, it is far from clear on what terms Lehman is able to agree a deal [more...]

Date: 2008-09-13 02:38:36

The Wait Continues

The Eagle Tribune reports from Massachusetts. “The number of new homes being built in Salem has hit a 30-year low ... They’re waiting until the demand for new houses picks up,’ Mackey said.” “The bad economy has put ... and the rest of New England. ‘It’s clear that the market was overbuilt,’ he said. ‘Easy credit [more...]

Date: 2008-11-10 15:25:58

Lamont’s lie-based lament

 What is it with Lamont?  17 years on and still trying to clear his name ... , of course Lamont will be able to point to other statsistics such as the freeing up of credit ... s in bad company. [more...]

Date: 2009-01-16 17:28:45

Focus Of Financial Meltdown Blame Shifts To Barney Frank (D-MA)

FRANK-LY DISGRACEFULCongressman's Key Meltdown Role Increasingly Clear*** NEW: ... loans to people with poor credit histories in the name of "social justice". Frank was at the very ... that making some bad loans was just another tax., a cost of doing business as a regulated company [more...]

Date: 2008-09-27 19:12:00

I Have Officially Discovered Where The ‘Ten Foot Pole’ Rule Applies

Every few months, I cut my own naturally long nails and get some artificial ones put on ... and yeah I am shallow.. so what! But let me be clear any man of mine would need to soak those bad boys ... arguing with me because I refused to charge his credit [more...]

Date: 2009-01-15 06:01:12

The Personal Effect of the Financial Crisis

With the steady stream of bad news coming at us from all directions, it’s clear that the financial crisis is taking its toll on the economy ... situation. In many areas, prices have declined significantly. From car dealerships to retailers ... affected those trying to sell their homes, or perhaps those with large home equity lines of credit [more...]

Date: 2009-01-10 14:45:40

Old Year, New Year

Well Happy New Year to everyone!I don't make resolutions, but I do make goals. My big goal in 2009 is to clear the debt off our power line of credit ... when you look at what I did complete. I don't think the slow down is a bad thing since it comes [more...]

Date: 2009-01-01 18:11:00

Obama team weighs government bank to ease crisis (Reuters)

[ The Bank of America (BOTTOM) and Citibank (R) buildings are seen in the Canary Wharf financial district of London January 16, 2009 ... cleared the release of the remaining $350 billion of bailout funds amid new fears over credit losses ... is considering setting up a government-run bank to acquire bad assets clogging the financial system, a person [more...]

Date: 2009-01-17 21:28:29

If You Were Sec. Paulson for a Day: A Foreclosure Clearing House?

On one of many flights this week I was asked the question, “what would you do with the $700 billion of bailout money? ... more to the story but for the sake of brevity we’ll leave it at that. 2) Credit liquidity in the current market ... by the government buying up the bad assets, giving capital to the banks in return for equity stakes [more...]

Date: 2008-11-13 16:32:03

George Osborne - Get the right perspective!

To read the ludicrous reporting of the recent events surrounding holiday visits to a yacht in Corfu it is clear that the story has led to a loss of ... to know him well but he must be given credit as the best tactician we have; he is an authentic Conservative ... with it in good times and bad. Who has made a bigger or more meaningful contribution [more...]

Date: 2008-10-23 09:44:41

Bush and the War in Iraq

George W. Bush does not get the credit he deserves for keeping our nation safe from terrorism since 9/11 ... has not been one of them. And that includes the war in Iraq. Saddam Hussein was a clear enemy of the U.S. I don’ ... the country into an ‘unnecessary war.’ Return to the bad old days immediately following Sept. 11, 2001 [more...]

Date: 2009-01-17 02:39:00

To Reiterate: The Bailout Won’t Help the Big Three Unless Folks Start Buying Cars Again

More bad news for Detroit: Toyota announced yesterday that it expects to lose $1 ... and “smaller, more fuel-efficient cars,” the message is clear: In this economy, folks aren’t buying any cars — not even Toyota Priuses — largely because they can’t access the credit to finance [more...]

Date: 2008-12-23 16:02:11

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