Credit Risk News

Bad Credit and Home Refinance (The Bradford Era)
(ARA) - Mortgage rates are at historic lows, and it seems like everyone’s jumping on the refinance bandwagon these days. But is it really a good idea for people with bad credit?

Bad Credit Loans: Get The Right Financial Decision Now! - Best Syndication
Best SyndicationBad Credit Loans: Get The Right Financial Decision Now!Best Syndication, CA - Jun 27, 2008This is because of bad financial decisions and ill-management of the financial affairs. A loan borrower with a bad credit history who is frequently reminded …

Warning: The credit crunch is bad for your mental health - Scotsman
Warning: The credit crunch is bad for your mental healthScotsman, United Kingdom - 8 hours agoBy LYNDSAY MOSS RISING numbers of Scots are seeking help for depression and anxiety brought on by the global credit crunch, experts have said. …

Bad Credit Personal Loans For Variety Of Purposes - Best Syndication
Best SyndicationBad Credit Personal Loans For Variety Of PurposesBest Syndication, CA - Jun 27, 2008Bad credit personal loans are tailor made for accommodating the people, who find it harder to take out a loan from elsewhere due to their blemished and …

County’s credit rating gets boost (Times Herald)
Standard & Poor’s Rating Services upgraded St. Clair County’s credit rating after the county’s agreement to help Cottrellville Township improve its water supply system.

Smithfield Foods hits multi-year low after S&P downgrades credit rating to BB- (Sharewatch)
NEW YORK (Thomson Financial) - Shares of Smithfield Foods Inc. plunged to a more than four-year low on Friday after Standard & Poor’s lowered its credit rating on the company to BB- from BB+.

Bad Credit? Get Car Loan Approval (Carteret County News-Times)
(ARA) - Don’t let a bad credit history hold you back from getting a car loan. There are bad credit car loans to rescue people with a less than perfect credit record. The key lies in locating a suitable lender who can explore all viable financing options.

Personal Credit Checks Don’t Hurt Your Credit Score - Carmi Times
(ARA) - There are a lot of numbers that are important in life, but none quite as influential as your credit score. Having a high credit rating can give you better interest rates on credit cards, car loans and even your mortgage. On the opposite side

Bad Credit Tenant Loans: A Loan For Your Convenience - Best Syndication
Tenants basically suffer from one major problem while asking for financial assistance or loans. This problem is that they are non homeowners and therefore, they can not offer collateral. For this reason they are either turned down by the lenders or

Moody’s reviewing Morgan Stanley for downgrade - Boston Globe
NEW YORK Credit ratings agency Moody’s Investors Service said Friday it is reviewing Morgan Stanley’s long-term ratings for a possible downgrade. Morgan Stanley currently carries an investment-grade “Aa3″ senior unsecured rating from Moody’s . The

391 Percent Interest on Fast Money: Worth It? - ABC News
As his oldest son battled cancer, Richard Gilmore battled lenders who charged him interest rates of 391 percent. A payday loan store in Springfield, Ill., is open for business in this file photo from June 21, 2006. Payday lending is legal in Illinois

One Stop Solution for Bad Credit and Financial Needs - Best Syndication
When there is mounting debt burden, the monthly outgoings are higher. This higher amount makes you incapable of making the repayments and with passage of time offers troubles for you in form of bad or poor credit. Once the tag of bad credit attaches

What NOT to tell a car dealer - CNN
( AOL Autos ) — Apprehensive about shopping for a new car? Afraid you’ll say the wrong thing to a car dealer that will give him the upper hand in the price battle? Doing your research beforehand will better prepare you to read between the lines of

First, let’s start with the series of news events. - Huffingtonpost.com
Analysts at Goldman warned U.S. banks might need to raise as much as $65 billion in new capital, with losses in the financial sector not expected to peak until next year. “What Goldman is pointing out falls into the dog bites man category. They are

CreditCards.com: Weekly Credit Card Rate Report - Forbes
Annual percentage rates for select major credit card categories dipped lower this week, after the Federal Reserve left interest rates unchanged on Wednesday for the first time since last summer. According to the Fed, 57 percent of banks index their

S&P downgrades AutoZone corporate credit rating (Memphis Business Journal)
Standard & Poor’s lowered AutoZone Inc.’s corporate credit rating Thursday, following news the auto parts retailer planned to repurchase more shares, according to MarketWatch. (AZO)

Credit turmoil to continue (Investment Executive)
Although the global credit crisis has already wreaked its havoc on the global economy, markets are not out of the woods yet as uncertainty will continue to prevail in the short term, said Thomas Connell, head of Canadian operations with Standard & Poor s Corp., at the Investment Industry Association of Canada s annual conference in Banff today.

SEC proposals may diminish credit ratings role: report (Reuters via Yahoo! News)
The U.S. Securities and Exchange Commission plans to propose rules that may diminish the importance of credit ratings across various markets, the Wall Street Journal reported on Tuesday.

Personal Credit Checks Don’t Hurt Your Credit Score (The Bradford Era)
(ARA) - There are a lot of numbers that are important in life, but none quite as influential as your credit score. Having a high credit rating can give you better interest rates on credit cards, car loans and even your mortgage.

Credit Cards - Instant Approval Today - Colleyville Courier
Rebates, Rewards, Incentives & More! Apply for your Approval Now. Insider secrets on how to legally repair your Credit Rating within 24 hours. Fast online approval and information. Numerous Bad Credit resources for those in need. http://www.BadCredit

Gains in homeownership vanish, and new renters find fewer options - Seattle Times
WASHINGTON Americans are renting apartments and houses at the highest level since President Bush started a campaign to expand homeownership in 2002, a trend driven largely by the surge in foreclosures and an unsettled housing market that has left

How to Qualify for Franchise Loans Even with Bad Credit - Portland Business Journal
Having bad credit makes it harder to qualify for a franchise loan, but it’s not impossible. If you have bankruptcies combined with lots of judgments and tax liens against you, then the chances of getting a loan from a financial institution is very

30 day Fix For the Bad Credit Blues - Argus Observer Online
(ARA) - The average American’s credit score is 723. Having a high credit rating can give you better interest rates on credit cards, car loans and even your mortgage. It’s important to know the top factors that affect your score and check your credit

Rise in Renters Erasing Gains for Ownership - New York Times
WASHINGTON Driven largely by the surge in foreclosures and an unsettled housing market, Americans are renting apartments and houses at the highest level since President Bush started a campaign to expand homeownership in 2002. The percentage of

Banks Trimming Limits for Many on Credit Cards (NYTimes.com via Yahoo! Finance)
After fostering the explosive growth of consumer debt in recent years, financial companies are reducing the credit limits on cards held by millions of Americans, often without warning.

Inflation risk overtakes credit crisis as focus of central bankers (International Herald Tribune)
There is very little the monetary authorities can do, as oil prices hover at record levels and as growth remains sluggish in the developed world.

Credit Crisis Interview: Richard Marston on Risk (Knowledge at Wharton)
Wharton finance professor Richard Marston discusses the markets’ perception of risk in this video interview. Marston is one of seven Wharton professors whom Knowledge@Wharton spoke with for this special report on the credit crisis.

S&P places General Motors on negative credit watch (AP via Yahoo! Finance)
Standard & Poor’s Ratings Services has placed the corporate credit ratings of automaker General Motors Corp. on CreditWatch with negative implications.

State keeps AA+ credit rating (The State)
The credit ratings firm Standard & Poor s is keeping South Carolina s AA+ rating on its general borrowing. Standard & Poor s said its outlook for South Carolina is stable and said the state s fiscal position has improved. The company does an annual review of South Carolina s borrowing. It says much of the improvement comes from state revenues being higher than expected and South Carolina s …

Stocks in US Hit Afternoon Slump - TheStreet.com
CNNMoney.comStocks in US Hit Afternoon SlumpTheStreet.com - 22 hours agoRising oil prices, risk that the Federal Reserve will raise interest rates or leave them alone and poor credit conditions are standing in the way, he said. …Subprime Crisis: A Bouquet of Opportunity Masked a Reek of Risk Knowledge@Wharton (subscription)Hedge Funds Hire From Wall Street as Jobs Disappear, Pay Falls BloombergBuyer Beware: Why You Don t Want to Buy What Wall Street Banks Are … Money MorningKnowledge@Wharton (subscription)all 594 news articles