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Credit Information

Credit Card Debt: How To Control It


A lot of people spend more money than they can afford to repay toward their credit card debts. To regain control over your finances and to manage your debt, here are some solutions you can try.

Understanding the Function of Credit


What is Credit?Credit is the backbone and the engine behind the workings of the economy. Credit simply allows individuals and companies to borrow funds in good faith and pay it back over a specified time frame.

Cutting Credit Card Costs


What are the APRs charged by the credit cards in your wallet? If you are paying more than 12% interest on any of them, you are probably paying too much. The prime rate is currently in the single digits, so credit card companies that charge above 13% APR are overcharging.

Restore Your Credit Rating And Reduce Your Debts


Your credit rating affects many areas of your life. Opening new credit accounts, buying a home or car, getting a new job, and receiving discounts on insurance rates are just a few of the things that are impacted by your credit score.

How Your Credit History Can Affect Your Life


Your credit history is an important aspect of your life. Maintaining your credit rating is very important to your future and to your lifestyle.

10 Signs You May Need Credit Counseling


Debt management programs can be of real help for people that discover they cannot face their debts. At first, they will attempt to solve the situation all by themselves by cutting down on spending and keeping a close eye on accounts.

Common Credit Score Myths


A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information. Sometimes even lenders can give you the wrong advice and it can get confusing.

Finding and Applying for the Right Credit Card Offer Online


Anywhere you go online nowadays, you will see a multitude of ads for credit cards. Some offer low interest rate for an introductory period, or bonus frequent flyer miles while others offer real discounts on new vehicles and equipment.

Cash Back vs. Rewards Credit Cards


Ah, the sweet rewards of using credit!Not only do you get immediate gratification with the buy now-pay later plastic, but now, many credit cards offer rewards and incentives for using their card to make purchases. You can get cash back, or gift cards, or 'reward points' that you can spend on merchandise or services from various merchants.

Avoiding College Credit Card Traps


Congratulations college freshman! You're about to embark on one of the most exciting times of your life. By now your parents, siblings, and friends have offered you all kinds of advice on how to make your transition to college smoother - how to get along with your roommate, what classes to take and which ones to avoid, where to find the best off-campus food, and how to stay safe on campus.

Credit Report Secrets: Do You Know What They Reveal?


If you've ever applied for a credit card or loan, you've probably had your credit report reviewed by the lender. Your credit report has a huge impact on your financial future, so it's well worth your time to be sure that you understand what your credit report says about you.

Identity Theft - Monitor Your Credit Report


The recent security breach at credit card processor CardSystems Solutions has many consumers worried. Thanks to a well-placed computer virus, nearly forty million credit card numbers were stolen, and cardholders nationwide are justifiably concerned about identity theft.

Which Business Credit Cards with Reward are the Best?


Thinking of applying for a credit card with a reward program to help you and your business? Here is a brief guide to some of the best programs on the internet.The Platinum Business Credit Card with rewards from American Express is a great offer.

Manage Your Credit Wisely


Getting your first credit card is a big deal and all young people look forward to it with bated breath. We wait for years to be able to apply successfully for out own credit card.

Credit Report - How Your Credit Score is Determined


Most consumers are aware that they have something known as a credit report that is used to determine whether or not they would qualify for a loan. Fewer are familiar with the FICO score, a creation of the Fair, Isaac, and Co.

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MORE RESOURCES:

International Business Times

Greek Credit Downgraded Even With Bailout
Voice of America
February 22, 2012 Greek Credit Downgraded Even With Bailout VOA News The Fitch financial services company is again downgrading the credit rating of Greece, saying that the debt-ridden country is "highly likely" to default on its financial obligations ...
Greece's credit rating downgraded further into junk statusToronto Star
Fitch cuts Greece's credit rating two notches to 'C'Economic Times
Fitch Downgrades Greece: “Default is Highly Likely in the Near Term”International Business Times
Reuters Blogs (blog) -San Francisco Chronicle
all 559 news articles »


Plain Dealer

U.S. Credit Card Delinquencies May Be On The Rise
NASDAQ
(RTTNews.com) - US consumers may be getting back to their pre-recession habit of spending more than they can afford, according to the latest figures from credit trend data provider TransUnion LLC. The Chicago, Illinois-based company noted that national ...
TransUnion: National Credit Card Delinquencies End 2011 Nearly 5% Lower Than ...MarketWatch (press release)
TransUnion: 4Q Credit Card Delinquencies Book Lowest Year-End Rate Since '95Wall Street Journal
Number of new credit card accounts jumps 14 percent in 2011 as lenders ease ...Washington Post

all 111 news articles »


American Eagle Federal Credit Union Maximizes Staff Scheduling Using Verint ...
MarketWatch (press release)
MELVILLE, NY, Feb 22, 2012 (BUSINESS WIRE) -- Verint(R) Systems (NASDAQ:VRNT) today announced that American Eagle Federal Credit Union (AEFCU)--a full-service, not-for-profit financial institution--is experiencing business and operational benefits from ...

and more »


The Birmingham News - al.com (blog)

Charlotte consumers' credit-card debt down 8 percent in 2011
Charlotte Business Journal
Equifax says consumers in the Charlotte area have reduced their credit-card debt by 8 percent. Charlotte consumers have reduced the percentage of their income owed to credit-card companies by nearly 8 percent during the past year, according to a new ...
Worcester Credit Card Debt FallsWorcester Business Journal
Credit Card Debt is Up, Consumer Wages Are Not: If You Are Taking On Debt ...PR Web (press release)
Bankrate: Only 54% of Americans Have More Emergency Savings than Credit Card DebtBradenton Herald
New York Times (blog) -InsideARM -The Birmingham News - al.com (blog)
all 49 news articles »


Bloomberg

Ex-Credit Agricole Banker Says Complaint Over Boss Led to Firing
BusinessWeek
22 (Bloomberg) -- A senior investment banker at Credit Agricole SA told a London tribunal he was threatened and asked to quit after reporting his manager to human resources. Edward Willems, the French lender's former deputy head of fixed-income markets ...
Ex-Credit Agricole Banker Uses Whistle-Blower Rule in SuitSan Francisco Chronicle
Edward Willems, Whistleblower, Sues Credit Agricole Over 'Inappropriately Low ...Huffington Post

all 9 news articles »


CBS Local

(credit: Nathaniel S. Butler/NBAE via Getty Images)
CBS Local
He could have waited and joined the Knicks as a free agent with their core intact, and those holding that against him are likely the ones behind the occasional groaning at the Garden when Anthony launches an ill-advised shot. ( credit : Nathaniel S ...
Photo credit: Jeremy Lin/GettyamNY

all 6,787 news articles »


Colo5 to House GTE Federal Credit Union Data Center Operations
MarketWatch (press release)
22, 2012 /PRNewswire via COMTEX/ -- Colo5, LLC, a leading independent data center operator headquartered in Jacksonville, Florida, announced it will provide comprehensive Colocation/Disaster Recovery services to GTE Federal Credit Union.

and more »


New York Times

Sovereign Credit Risk Increases to One-Month High in Europe
BusinessWeek
22 (Bloomberg) -- The cost of insuring against default on European sovereign debt rose to the highest in a month, according to traders of credit-default swaps. The Markit iTraxx SovX Western Europe Index of swaps on 15 governments increased 11 basis ...
Greek Crisis Raises New Fears Over Credit-Default SwapsNew York Times
Sovereign, Corporate Bond Risk Rises, Credit-Default Swaps ShowBloomberg
Greece's debt restructuring brings credit default swaps into spotlightEconomic Times
Reuters Blogs (blog)
all 13 news articles »


The Consumerist

Credit Stocks Needn't Fear the CFPB
Investorplace.com
The concern is that, being an Obama appointee, he'll use regulatory fiat to choke off businesses that operate in subprime credit and debt collection. This would be unfortunate, because investors looking for high-growth stocks with the potential for big ...
CFPB Takes Aim at Debt Collectors, Credit Reporting Agencies: A new proposed ...Chicago Tribune
Consumer Protection Bureau Proposes Oversight of Credit Reports and Debt ...MarketWatch (press release)
Feds Target Debt Collectors, Credit Reporting AgenciesLoanSafe
The Consumerist -Patch.com
all 236 news articles »


KGO-TV

Jamba Juice buys Talbott Teas
Chicago Tribune
Two years ago, Shane Talbott was like many struggling small-business owners: He couldn't get a line of credit from the bank. Now he doesn't need one. His budding specialty tea company, Talbott Teas, was purchased by California-based smoothie-maker ...
Jamba Announces New $6.0 Million Credit AgreementMarketWatch (press release)

all 20 news articles »

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