Credit Information

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A lot of credit score myths about fico score ratings get spread around and some of them are just outdated information.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:

KIMA CBS 29

Is the era of easy credit over for the long haul?
The Associated Press - 7 hours ago
For Clark, and for a nation of consumers heavily dependent on credit, there are growing signs that those rough times could prove to be more than just a ...
Credit Card Charge-Off Collapse - the Next Economic Crisis PR Web (press release)
Tighter credit card limits add to woes MiamiHerald.com
The Next Meltdown: Credit-Card Debt BusinessWeek
The News Journal - WTHR
all 139 news articles


Fed's Fisher: Open to all options to restore credit
Reuters - 8 hours ago
By Mark Felsenthal WASHINGTON (Reuters) - The US Federal Reserve will consider all options in seeking to stabilize credit markets in a period that may bring ...
Asia Day Ahead: Europe, Fed Consider All Options to End Crisis Bloomberg
Fed Will Seek Different Tools To Restore Economy, Dallas Fed Chief ... AHN
Dallas Fed Chief Says Liquidity Facilities Are Temporary Wall Street Journal
Bloomberg - Bloomberg
all 34 news articles


Wall Street Journal

Recession spectre gives worst week in 75 years
New Zealand Herald, New Zealand - 10 hours ago
The Standard & Poor's 500 Index had its worst week in 75 years on concern the credit crisis will spread from banks to consumer companies and energy ...
Video: Money Minute: GM, GE, Oil AssociatedPress
US automakers face worst crisis in their history Taipei Times
CREDIT WATCH HITS GM, FORD Globe and Mail
Detroit Free Press - Oakland Press
all 748 news articles


US small businesses squeezed in credit crunch
Reuters - 2 hours ago
Tightening consumer credit has likewise taken its toll, especially on sales of cars and other big-ticket items. "The most difficult part of all this is it ...


Los Angeles Times

Stock markets end week of credit crunch worries
Newsday, NY - Oct 11, 2008
Credit-crunch worries continued to weigh on US stock markets Friday, but the hemorrhaging evident for most of the week was contained. ...
High anxiety rules Wall Street as global credit crisis deepens Emirates Business 24/7
Need for coordinated global solution Malaysia Star
The “Emergency Economic Stabilization Act” RightSide Advisors
Rome News-Tribune - The Associated Press
all 3,841 news articles


Is the era of easy credit over for the long haul?
International Herald Tribune, France - 7 hours ago
For Clark, and for a nation of consumers heavily dependent on credit, there are growing signs that those rough times could prove to be more than just a ...


Credit squeeze strangling businesses
Minneapolis Star Tribune, MN - 2 hours ago
Minnesota entrepreneurs are finding that they can't find credit for their good business ideas. By HJ CUMMINS, Star Tribune joeeee, the government did NOT ...


Is my credit union safe?
Los Angeles Times, CA - 19 hours ago
By E. Scott Reckard, Los Angeles Times Staff Writer The government-run National Credit Union Share Insurance Fund insures most deposits at credit unions, ...
Credit unions alternative to banks Dailyrecord.com
Got Your Money in a Credit Union? You Too Are Safe Washington Post
In tumultuous financial times, credit unions might be an option to ... Boston Globe
Jackson County Chronicle - FayObserver.com
all 15 news articles


New York Times

Lehman Credit-Default Swap Payout Could Climb as High as $365 Billion
Washington Post, United States - Oct 10, 2008
By Heather Landy NEW YORK, Oct. 10 -- In what may shape up to be the most expensive payout ever in the credit-default swap market, sellers of insurance ...
Lehman Credit-Swap Auction Sets Payout of 91.38 Cents (Update1) Bloomberg
Dubai CDS widen amid concern over refinancing of $22bn debt Gulf Times
STOP FINANCIAL WMD'S: Credit Default Swaps ireport
New York Times - Forex Factory
all 229 news articles


How to deal with credit freeze
Atlanta Journal Constitution,  USA - 12 hours ago
Jim Foster, owner of Real Salon near Decatur, says he didn’t have any trouble tapping his credit line, but he has a second one available just in case. ...

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