the-economic

Making Bad Credit Worse: Three Credit Pitfalls to Avoid

In today’s economy, credit guidelines are tighter and stricter than ever. Credit scoring models have changed, causing scores to drop, leaving those struggling with low credit ratings out in the cold. If you already had a higher credit score before the economic crisis, you may now find that your score is no longer looked at as favorably as it once was. However, it is much worse for those who may …

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Making Bad Credit Worse: Three Credit Pitfalls to Avoid

the-economic

Making Bad Credit Worse: Three Credit Pitfalls to Avoid

In today’s economy, credit guidelines are tighter and stricter than ever. Credit scoring models have changed, causing scores to drop, leaving those struggling with low credit ratings out in the cold. If you already had a higher credit score before the economic crisis, you may now find that your score is no longer looked at as favorably as it once was. However, it is much worse for those who may …

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Making Bad Credit Worse: Three Credit Pitfalls to Avoid

the-economic

Companies Plan $3.5 Billion of Debt as Slowdown Signaled: New Issue Alert

Companies are marketing $3.5 billion of debt in the U.S. as relative yields on corporate debt reflect growing risk that the economic recovery will stall.

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Companies Plan $3.5 Billion of Debt as Slowdown Signaled: New Issue Alert

the-economic

Debt Counseling Questioned as Bankruptcies Soar 20%

Can debt counseling help consumers? The service is intended to guide consumers out of debt and steer clear of bankruptcy or other life altering consequences, yet the legitimacy of such debt counseling is being called into question after recent reports showed bankruptcies up 20%. The stark reality of the economic downturn is reflected in court statistics showing U.S. bankruptcy filings rose 20 …

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Debt Counseling Questioned as Bankruptcies Soar 20%

the-economic

BHP $45 Billion Debt Tests Limits of Recovery: Credit Markets

BHP Billiton Ltd. raised the most debt to finance a takeover since February 2008, underscoring a credit-market rally that has pushed corporate bond yields to record lows even as the economic recovery sputters.

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BHP $45 Billion Debt Tests Limits of Recovery: Credit Markets

the-economic

Consumer Credit Shrinks for Fifth Month

Total U.S. consumer credit outstanding shrank for a fifth straight month in June in the latest sign of Americans’ reluctance to spend when unemployment is high and the economic outlook uncertain.

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Consumer Credit Shrinks for Fifth Month