News from San Jose Mercury News:
Since lenders have tightened their loan requirements, there has been much concern about credit. Unfortunately, many borrowers do not have the correct information about how credit scores are evaluated, according to professional credit specialists.
“Certain facts about credit will affect you and any financial decision you make or are about to [...]
News from San Francisco Chronicle:
A credit score is a numeric expression that helps lenders evaluate a person’s credit report and estimate the risk of extending credit or loaning money to people. A person’s credit score is provided to lenders by the three major credit reporting agencies, including Equifax, Experian and TransUnion. The most common credit [...]
News from Livemint:
The telecom industry has been in the news for all the wrong reasons in the last year or so. Somehow in the intense 24×7 coverage of the 2G licensing scandal, an important news item got missed. If newspaper reports are to be believed, Credit Information Bureau (India) Ltd, or Cibil, is talking to [...]
News from News & Observer:
Q: I have no credit history and cannot figure out a way to establish any and therefore have a good credit/FICO score. I don’t have any debt, and I listen to Dave Ramsey and Suze Orman for financial advice. Dave doesn’t think your FICO score is important, but I think not [...]
News from Christian Science Monitor:
30-year mortgage rates average 3.87 percent for the third week in a row. That’s the lowest for 30-year mortgage rates since the 1950s, when the long-term loans became popular.
The average rate on the 30-year fixed mortgage held steady at a record low for a third straight week, offering more incentive to those looking [...]
News from Huffington Post:
Not all credit scores are created equal.
New research from Experian provides a glimpse into how different generations handle debt and finances. The disparity between the various demographics suggests that the phrase “generation gap” may not be solely reserved to describe the hordes of Twitterers who were oblivious to the existence of [...]
News from New Mexico Business Weekly:
New Mexico Business Weekly by Steve Ginsberg, NMBW Staff
Date: Friday, February 17, 2012, 8:23am MST – Last Modified: Friday, February 17, 2012, 9:05am MST
Related:
Banking & Financial Services
New Mexico mortgage applicants had the 20th highest credit scores in the nation, according to mortgage rate comparison website Mortgage Marvel.
New Mexico mortgage applicants [...]
News from msnbc.com:
WASHINGTON — The new U.S. Consumer Financial Protection Bureau released a proposal to regulate about 200 debt collectors and companies that produce credit reports as part of an effort to extend its oversight beyond the banking industry.
More from TODAY.com
Rossen Reports: Why can’t celebrities beat addiction?
In the wake of Whitney Houston’s death, investigative correspondent [...]
News from Naples Daily News:
Credit scores and debt issues are plaguing consumers these days. For example, credit scores, with more restrictive lender guidelines and confusion over calculation, are resulting in fewer mortgage approvals and homeowners unable to take advantage of record low refinancing rates. Debt collection companies are illegally harassing consumers to repay debt, often [...]
News from NBC Los Angeles:
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California received a Valentine from Standard and Poor Tuesday in the form of a credit upgrade, which elevated the state’s rating from “stable” to “positive.”
“The credit rating should not have a large-scale effect, but it’s certainly indicative of a positive trend in terms of achieving closer to a [...]
