Credit Risk News

Expanding ethanol industry may be short-lived
Contra Costa Times, CA - Jun 24, 2006… But Daniel Welt, a Standard & Poor’s credit analyst in New York, said the industry’s quick expansion likely will push capacity beyond base demand by 2008. …

S&P Cuts Univision to Rating
Houston Chronicle, United States - Jun 29, 2006… a significant debt burden and deterioration of key credit measures upon completion of the transaction,” said Standard & Poor’s credit analyst Heather M …

Floating ideas instead of checks
News & Observer, NC - Jun 23, 2006North Carolina’s top bank regulator is championing a new way for banks to work with people who have poor credit. “We’re trying to …

Central Mortgages Offers Free Advice on Re-mortgaging at Their …
PR.com (press release), NY - Jun 19, 2006… The focus of the new free articles from the UK s problem mortgage specialists pertain to re-mortgaging issues due to poor credit conditions, such as …

Prudential ratings cut to ‘A+/A-1′, outlook stable - S&P
Forbes - Jun 23, 2006… Standard & Poor’s credit analyst Andrew Hughes said: ‘The downgrade of Prudential reflects a change in notching between the holding company and the shareholder …

Bad credit, low income? Opportunities Credit Union says no problem - Bennington Banner
Bad credit, low income? Opportunities Credit Union says no problemBennington Banner, VT - Jun 19, 2006… If you've taken a second glance at the car dealership or spent time browsing the real estate ads in the paper, but are haunted by bad credit, the folks at …

Struggling salesman crafts a fresh start
Detroit News - Free up cash by cutting expenses, even if it means parking the car and taking the bus or getting a roommate. Try to negotiate debt settlements when possible and clean up his credit report to keep a poor credit score from jeopardizing a new job

Wells Fargo mortgage to have 40-year amortization
National Post - Longer-term amortizations mean monthly payments are lower, giving younger people, or those with poor credit histories a way to purchase a house that otherwise they couldn’t afford. But it also means people can end up paying thousands of dollars more

Pride as employee, business owner
Orange County Register - He told of dealing with an arrogant customer with poor credit. Paxton worked for hours trying to get the best mortgage possible, but the man rudely insisted it wasn’t good enough. “I finally told him I wouldn’t do any work with him because if he

Walt Disney
Halifax Chronicle-Herald - New Balance claimed it could get a loan for anyone, even if the consumer was a poor credit risk. It solicited consumers to take out online loans that required them to pay fees in advance. After wiring the advanced payments through Western Union

Perzel changes views on pay raise
Morning Call - Perzel said on WITF-TV’s Smart Talk program Thursday that ‘’30-some members'’ have such bad credit they cannot apply for a credit card. ‘’When I see that a tattoo artist in the city of Philadelphia makes more than a legislator, I think there’s a

State still tops foreclosures
Rocky Mountain News - For example, lenders are making it more difficult for several low-income families to pool money to buy homes and for people with bad credit records to get loans, according to brokers. Also, it is becoming more difficult for buyers to avoid paying

You may be able to save hundreds of dollars. Get new quotes now!
WNEP-TV 16 - Your history of late payments Non payments Current level of debt Types of credit accounts Length of credit history Number of credit inquiries History of applying for credit Bad credit behavior, such as

My Luncheon with Warren
BusinessWeek - Refinance Your Mortgage - Bad Credit OK Do you have bad credit? Need to refinance your mortgage? Complete a brief online form (takes less than 60 seconds!) and get up to four home refinance quotes today. This offer is restricted to US residents

Letters | PERZEL ‘CREDIT RATING’ TAKES A NOSEDIVE
Times-Leader - I think the public should know which lawmakers have such bad credit and give them the boot! Jamie F. Gaughan, Philadelphia A suggestion for John Perzel and the rest of the “Harrisburg Hogs”: Cut the size of the legislature in half, and we’ll consider

AT&T, CBS top list of companies with poor credit outlooks - Pensions & Investments
AT&T, CBS top list of companies with poor credit outlooksPensions & Investments, IL - Jun 1, 2006… are among the 10 corporations with the worst credit outlooks among US investment-grade bond issues, according to a report released today by Gimme Credit, a …

Dogged by debt?
Times Online - We have a bad credit rating and we owe about 70,000 on credit card bills which we have defaulted on - help please. Anon, Dorset Mark Dampier says: It is quite clear that you must be living well beyond your means. You actually earn jointly 63,000

A safer form of plastic?
Pittsburgh Post-Gazette - Prepaid accounts are much simpler to open, requiring little of the application anxieties, formalities or credit worthiness of charge or debit accounts, even for people with bad credit records. Accounts can be opened for as little as $250 worth of

Lenders on borrowed time
Orange County Register - ECC Capital , an Irvine-based lender that raised $350 million in a public offering last year, has bet everything on borrowers with a history of bad credit. And it worked for a while. Now, the company, which doubled its profits as early as 2004, is

We Don t Need Another Hero
AccessAtlanta - While patiently waiting for our brunch date to start, a gentleman suitor was flipping through an old copy of one of my women s magazine. There was one particular article that posed the question, Does every man want to be his woman s hero? He

Ask Ella: I’m Too Sick For My Job
FoxReno.com, NV - Jun 26, 2006… Just because I have bad credit doesn’t mean that I am not a good worker. … You’re right that bad credit doesn’t necessarily translate into a bad employee. …

Churches could give debt help
Guernsey Weekly Press, UK - Jun 20, 2006… This could be due to poor management of finances, bad credit ratings, ignorance, unforeseen illness, divorce or separation and gambling or other addictions. …

Letters | PERZEL ‘CREDIT RATING’ TAKES A NOSEDIVE
Philadelphia Daily News, PA - Jun 21, 2006… trust them with ours? I think the public should know which lawmakers have such bad credit and give them the boot! A suggestion for …

Acxiom Helps Credit Grantors Fight Identity Fraud
Business Wire (press release), CA - Jun 19, 2006… and collection institutions in many ways, including verifying application information for new account acquisitions, assessing credit risk, skip tracing, credit …

Woodcrest outperforms Opteron in speed and power consumption …
TG Daily - Jun 23, 2006… Gomberg used a single software for his benchmarks - Sungard AAA, “a real-time credit risk application for counterparty credit exposure aggregation” - and …

Portfolio Poppycock
TCS Daily, DC - Jun 14, 2006… “Their credit risk management has been exceptional and their actual experience with interest rate risk should satisfy even the most critical,” he told bankers …

Single mom struggles toward a better life 
VALPARAISO | Gaynelle Scott wanted to prevent her oldest son from working while in high school. She hoped he would focus instead on his studies and follow in the footsteps of her mother and brother, both of whom have earned advanced college degrees.

Central Mortgages Offers Free Advice on Re-mortgaging at Their Newly Re-launched Site 
Free advice on re-mortgaging in the UK is being offered by experienced mortgage brokers at www.CentralMortgages.com. (PRWEB Jun 21, 2006)

Credit Card Late Fees Average $35, Over-the-Limit Fees Top $32 
Cleveland, OH (PRWEB) June 21, 2006 — Penalties for misusing a credit card can be steep, with the average credit card late fee at $35 and the average over-the-limit fee at $32.24, according to a new IndexCreditCards.com tracking report.

Payment late? Car won’t start 
LIMERICK, Pa. — Rashida Redd punched a six-digit code into her Pontiac Grand Prix and got a new lease on life.

Comment: Three Tips For Poor Credit Customers 
In all of history, the one glimmer of amusement that has come out of the subject of budgeting was from accidental wise-man and unintentional quipmaster Ronald Reagan, who said: “Balancing your budget is like protecting your virtue: you have to learn to say no.”

1999 Isuzu Rodeo LS from North America 
My Isuzu Rodeo has all of the same problems plus more that has been listed here, everything from the gas gauge that refuses to work to the Intermittent wipers no working the brakes to the transmission that I just replaced.

S&P Raises Estimates on Oracle 
Plus: Analysts comment on results from Synnex and Solectron

1997 Mitsubishi Eclipse GS Spyder from North America 
What things have gone wrong with the car? The top leaks any time there is anything more than light rain. I had the top replaced recently because it wouldn’t open all the way and the roof material was falling down, but it still leaks.