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Who are the credit agencies?

Thu, 29 Apr 2010 17:38:00 +0000

Who are the credit ratings agencies? The “big three” are Standard’s & Poor’s, Moody’s Investor Services and Fitch Ratings. All originated in the United States, although Fitch has dual headquarters in New York and London. What do they do? They are designed to provide independent analysis of the credit worthiness — the ability to pay off loans or

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Who are the credit agencies?

Rich and Famous Strategic Defaults: Scrubs Star, Donald Faison Facing Foreclosure

Fri, 09 Apr 2010 15:06:41 +0000

What the hell do some of these starts do with all their money? It appears that we may have a new trend of the rich and famous strategically defaulting on their mortgages. This is one class of people that I hope the banks stick it to because many of them do have the ability to

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Rich and Famous Strategic Defaults: Scrubs Star, Donald Faison Facing Foreclosure

What to Do Before the New Credit Card Act Starts This Month

Mon, 08 Feb 2010 20:30:11 +0000

Consumers who are in the market for a car loan this year may want to review their credit scores to see where they stand. If improvements need to be made, they’ll have time to boost their credit scores to get the best possible rate on an auto loan. The Credit Card Act of 2009 starts Feb. 22. The way you handle revolving debt like credit cards is one of the major factors that is considered in your credit score.

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What to Do Before the New Credit Card Act Starts This Month

64 Reasons Why You Will Be Denied a Loan Modification

Tue, 24 Nov 2009 16:56:18 +0000

Most homeowners are being denied loan modifications and for most it is certainly not their ability to pay an affordable interest rate or not having a job. Many of the homeowners who are getting denied can pay and have jobs. So, we figured that these 64 reasons must be why homeowners are getting denied help from their mortgage servicers when

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64 Reasons Why You Will Be Denied a Loan Modification

In Europe, regulators are moving to break up megabanks

Tue, 10 Nov 2009 15:13:48 +0000

“If the government did not provide these bailouts or guarantees, then the market itself would ensure such organizations did not grow beyond their ability to attract capital,” he said. “It is only when fear is overcome by government guarantees that systemic risks can arise.” While the Fed has sought recently to burnish its regulatory credentials by

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In Europe, regulators are moving to break up megabanks