Debt Management

Debt not only causes stress and worry, but it could also harm your credit rating ... this to the credit bureaus. The negative report in turn has a huge impact on your credibility and your credit score. When deciding whether or not to take on new debt it is important to consider [more...]

Date: 2009-01-16 20:45:59

Blog posts (34) | Videos (11)
 

Maintaining Excellent Credit Rating

Being approved for credit is a sign that someone is willing to take a risk on you with their money ... of all, get your free annual credit report from the credit bureau. Check for mistakes or false ... bills - food, utilities, rent, or mortgage. Before you go out shopping for credit lines, make sure [more...]

Date: 2009-01-15 03:41:35

5 Important Things About Business Credit Cards

Simplify your bookkeeping and profile with the Centennial® Gold MasterCard®/Visa® * Reports monthly to 4 ... reflect on your credit report. The key to maintaining an excellent rating is to know how to manage ... Major Credit Bureaus * Low APR on purchases * All credit types welcome to apply! >>Full [more...]

Date: 2008-11-17 08:24:20

Basic Credit Scoring 101 For A Better Mortgage Rate

by Rob Kosberg Credit scoring is becoming more important to mortgage pricing so now would be a terrific time to brush up on your credit education ... balances should hold steady at no more than 30% of the card limit. The credit bureau believes ... is one of the major credit scoring companies. All can learn from the numerous pages of financial tips [more...]

Date: 2008-12-30 08:22:00

GMAC Now Officially Requires 700-Plus FICO Score For New Car Loan [Financiapocalypse]

The Financiapocalypse continues. We just received a copy of an e-mail that went out at GMAC, the lending arm jointly owned by GM and Cerberus, ... : you'll now need a minimum 700 credit bureau score to get a car loan at dealer invoice or below from GMAC ... consumers who have a minimum 700 credit bureau score, with an advance rate equal to or less than [more...]

Date: 2008-10-13 22:20:00

FICO Fitness Fundamentals

A FICO score is the number that determines the interest rate you pay on credit cards, car loans and mortgages ... credit bureaus: Equifax, Experian and TransUnion. The FICO score is linked to just about every ... in your favor) Don’t apply for any new credit cards Review your credit report periodically to make [more...]

Date: 2008-11-25 16:08:53

Nuclear Reaction - A Greenpeace blog about nuclear power: Nuclear News for December 8th 2008

Some other stories from the nuclear industry you may have missed: Bloomberg: ... , church members have reported that Taitung county police department and Taitung investigation bureau ... its top grade credit rating as it invests billlions in acquisitions and plant renewal.’ Contract [more...]

Date: 2008-12-08 12:46:16

Obama - McCain - Obama Can Win; The Economic Problem Is Why

This video was created just before the debate, but my prediction seems to have held and for the reasons I state here ... : 1) According to the Bureau of Labor Statistics, the Civilian Labor Force Participation Rate topped out 10 years ... problems consumer credit shot to rapid rates of annual increase starting just before the turn [more...]

Date: 2008-10-08 07:30:37

Steeled for trouble

I'VE JUST gotten back from Delhi’s leafy diplomatic enclave, where CNN has a bureau ... , the credit rating agencies are now taking a less forgiving [more...]

Date: 2008-11-17 23:07:50

Your Take: Are We In A Recession?

It used to be that the measure of a recession was two consecutive quarters of negative GDP, ... that the economy is expanding at a 1.9% average annual rate. And it takes the National Bureau ... t seen bottom yet. The credit turmoil in the financial system is spreading, most recently reaching [more...]

Date: 2008-08-08 10:18:51

Wall Street Breakfast: Must-Know News

Thanksgiving rally falls with a thud. After a five-day rally that spurred hopes of a lasting recovery, ... a recession in December 2007, according to the National Bureau of Economic Research (NBER), ending ... confidence, and a lack of credit availability." His comments, including calling rate cuts below [more...]

Date: 2008-12-02 12:15:46

Obama talks stimulus. He hopes you are listening

The spate of retailers reporting devastating December sales this morning provided a nice backdrop for President-elect Obama's speech in Virginia ... that lower interest rates aren't getting the job done because credit markets are screwy and that tax ... , the National Bureau of Economic Research and the Brookings Institution. He argued that fiscal [more...]

Date: 2009-01-08 18:11:11

Housing Push for Hispanics Spawns Wave of Foreclosures

California Rep. Joe Baca has long pushed legislation he said would “open the doors to the American Dream” for first-time home buyers in his largely ... down payments, solid credit ratings or documentation of employment. Now, many of the Hispanics ... , according to the U.S. Census Bureau. Over that same period, homeownership nationally grew by 8%. In 2005 [more...]

Date: 2009-01-07 13:39:44

Housing Push for Hispanics Spawns Wave of Foreclosures

California Rep. Joe Baca has long pushed legislation he said would “open the doors to the American Dream” for first-time home buyers in his largely ... down payments, solid credit ratings or documentation of employment. Now, many of the Hispanics ... , according to the U.S. Census Bureau. Over that same period, homeownership nationally grew by 8%. In 2005 [more...]

Date: 2009-01-07 13:39:44

The Law of Unintended Consequences

So politicians have been working for years to push lenders into doing home loans for minorities.How did that worked out for those folks? ... ., district with loans that often didn't require down payments, solid credit ratings or documentation ... by 47%, to 6.1 million from 4.1 million, according to the U.S. Census Bureau. Over that same period [more...]

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

Small Bizs Feeling the Chill

The New York Times: Some small companies say they are no longer able to get loans from newly cautious banks as credit tightens across the country, ... credit — at 30 percent a year. Mr. Snyder does not want to borrow much at that rate. “ ... , the Census Bureau reports, and they outpace large companies in generating new jobs. Photo by Kevin Moloney. [more...]

Date: 2008-10-07 15:08:55

Job losses highest in five years

by Frank James The economy continued to lose jobs in September, with 159,000 jobs evaporating during the month, ... , and the unemployment rate held at 6.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor ... the credit markets which have gotten jammed up because of declining trust between financial [more...]

Date: 2008-10-03 13:32:56

China's Growth Slows to 9%, Below Expectations

China's third quarter growth slowed to 9%, a faster deceleration than most experts forecast ... like a recession internally. However, with growth having already falle to 9% before the credit crisis ... months. The statistics bureau released the data in Beijing today. China may cut interest rates [more...]

Date: 2008-10-20 04:46:26

Housing Push for Hispanics Spawns Wave of Foreclosures

First Published: January 5, 2009By Susan Schmidt and Maurice TammanCalifornia Rep ... with loans that often didn't require down payments, solid credit ratings or documentation of employment ... %, to 6.1 million from 4.1 million, according to the U.S. Census Bureau. Over that same period [more...]

Date: 2009-01-08 18:23:00

2008 By The Numbers

It’s been a wild year.  A 700 billion dollar bailout, a 50 billion dollar Ponzi scheme, ... fallen: Unemployment: November 2007: 4.9% November 2008: 6.9% (from http://www.bls.gov - Bureau ... institutions overnight” - in short, that’s the rate banks loan each other money.  With the credit [more...]

Date: 2008-12-31 15:48:47

Well! Now we know why Emperor Paulson wanted retroactive immunity in his trillion dollar bailout plan!

How did Paulson try to get retroactive immunity? Why, via the infamous Clause 8, of course: the clause Krugman caught Paulson lying about ... , Lehman Brothers and American International Group, bringing to 26 the number of bureau investigations ... into disclosure and valuation of housing-related investments at banks, insurers and credit rating [more...]

Date: 2008-09-24 02:53:58

WSJ: "Housing Push for Hispanics Spawns Wave of Foreclosures"

From the Wall Street Journal:"Housing Push for Hispanics Spawns Wave of Foreclosures"By SUSAN SCHMIDT and MAURICE TAMMANCalifornia Rep ... with loans that often didn't require down payments, solid credit ratings or documentation of employment ... million from 4.1 million, according to the U.S. Census Bureau. Over that same period, homeownership [more...]

Date: 2009-01-05 04:10:00

WSJ says housing push for Hispanics spawns wave of foreclosures; Phoenix ranked 9th

— California Rep ... with loans that often didn’t require down payments, solid credit ratings or documentation of employment ... %, to 6.1 million from 4.1 million, according to the U.S. Census Bureau.  Over that same period [more...]

Date: 2009-01-05 22:01:21

Dan Gainor on Fox News, Discusses Decline of Media

Vice President for the Business & Media Institute, Dan Gainor, spoke with Gretchen Carlson, host of "America's News HQ," ... , as reported in the paper Dec. 7. The Times said its credit rating from Standard & Poor's recently ... bankruptcy and cut jobs in many print news bureaus. [more...]

Date: 2008-12-10 15:32:25

Bernanke drops pretense of secrecy and airs Fed's plans

McClatchy Washington Bureau With its benchmark lending rate effectively at zero, Federal Reserve Chairman Ben Bernanke on Tuesday, ... be doomed if problems in the financial and credit markets aren't fixed. Bernanke outlined a number [more...]

Date: 2009-01-14 18:46:44

Asian-Pacific stocks rise on South Korea financial rescue package

Asia-Pacific stocks soared Monday after South Korea announced a package of more than $130 billion to stabilize the country's financial sector ... Bureau of Statistics said the country's growth rate slowed to 9 per cent in the third quarter ... mortgage crisis led to a credit crunch, caused financial institutions to collapse and spread around [more...]

Date: 2008-10-21 04:50:33

Global Investing Roundups, Tuesday, December 2nd, 2008

NBER: U.S. in Recession Since Dec. 2007; Fed Reserve Could Buy T-Bills; JP Morgan Sees 0% Interest Rates; Pilgrim’s Pride Files for Bankruptcy Protection; Consumer Credit Crunch in the Making; Crude ... has been in a recession since December 2007, the National Bureau of Economic Research said yesterday (Monday). Already [more...]

Date: 2008-12-02 16:25:29

Stop building to help housing prices recover?

So many plans and ideas are being floated to repair the country's economic situation. David Reilly of the Wall St ... Bureau. Yet still they build. Data due out this week are expected to show that housing starts fell to a seasonally adjusted annual rate of 800,000 in October, according to Credit Suisse. Housing [more...]

Date: 2008-11-17 19:37:46

Market Update 01/19/2009

Market Comment Mortgage bond prices fell last week pushing rates higher despite continued signs of economic weakness ... the credit crisis. Consumer sentiment came in surprisingly better than expected despite headlines ... indicator of the state of our economy. This report, provided by the Bureau of the Census, takes [more...]

Date: 2009-01-16 21:27:51

Looking for work? Maybe you should move

The odds are too high right now that you’re either looking for a new job or worried that you’re about to lose your current one ... is exactly what the U.S. Census Bureau said happened in 2008. If you’re one of the many ... rate stood at a far more depressing 6.5 percent. Much of the credit for Madison’s low unemployment [more...]

Date: 2009-01-09 14:10:21

Foreclosure Crisis of 2008 Should Serve as a Lesson for Steering Through 2009

There is no doubt that many will be relieved to bid adieu to 2008 and its record breaking number of house foreclosures, jumbo unemployment figures and pathetic credit markets. However there are lessons to be learnt ... of Department of Commerce Bureau of Economic Analysis. In fact in May 2008 the savings rate had shot [more...]

Date: 2009-01-12 19:00:39

Chinese Power Generation Growth 2002-2008

The non-2008 growth rates are why people like Michael Shellenberger tell a certain tech magazine things like, ... s DotEarthImage Credit: Richard K. Morse, Stanford University. Data from China’s National Bureau [more...]

Date: 2009-01-06 17:33:28

Back to Risk Aversion

Japanese yen rallies…  Renminbi stumbles…  A very tough data week in store…  Rate cuts all around the world… And Now… Today’s Pfennig! ... boys” Paulson and Bernanke, to get this credit market crisis unlocked, the longer it will take before ... that make the official call on a recession the NBER (National Bureau of Economic Research [more...]

Date: 2008-12-01 13:43:14

7 Reasons to Use a Mortgage Broker

The House Team Of Mortgage Intellingence asked: For many people, mortgage payments are their single largest expense ... rate guarantee. Preserved credit rating When you shop for a mortgage, there is an accumulation of lender inquiries on your credit bureau report, possibly affecting your credit rating and, ultimately [more...]

Date: 2008-10-30 10:55:19

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