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The 5 Biggest Factors That Affect Your Credit
Credit companies rely on these factors to determine whether to lend to you and at what rate.
biz.yahoo.com
Set goals high, debt low to improve credit score
A recent report shows the proportion of Americans who have FICO credit scores below 600 - a level that makes it nearly impossible to get loans - has risen to 25.5 percent, up from 24.1 percent two years ago. The likely cause: rising unemployment and bad... Credit score - FICO - Business - Financial Services - United States
www.sfgate.com
German Push to Delay Basel Rules Hits U.S. Opposition
U.S. and German regulators are fighting over how much time to give banks to comply with new capital ratios being pushed to prevent future financial crises.
www.businessweek.com
Banks Have Written Down 2/3 Of Bad Loans They're Likely To Face: Moody's
What's Your Reaction? NEW YORK — Moody's Investors Service said Wednesday it appears U.S. banks have written off about two-thirds of the bad loans they're likely to face through 2011.
www.huffingtonpost.com
Mortgage-Shorting Billionaire John Paulson's Hedge Fund Down Big This Year
Amid a broader outpouring of funds from the hedge fund industry this summer, famous mortgage-market short-seller John Paulson has racked up additional losses in one of its most difficult years on record, the Financial Times reports. Paulson's $9 billion Advantage Plus fund lost 4.3 percent in August, the FT says, "according to an investor." The company's $3 billion Recovery fund fell 9.1 percent ...
www.observer.com
Business news in brief
PPL Corp. , Allentown, said Thursday that it had agreed to sell several "noncore" generating stations to LS Power Equity Advisors, an affiliate of New York-based LS Power , for $381 million in cash.
www.philly.com
Phoenix housing market lacks supply of homebuyers
Many can't qualify, and others content to rent.
www.azcentral.com
Initial Claims Fall a 3rd Straight Week
After several weeks in a row of new claims shooting higher, the upward momentum has been reversed, with 3 straight weeks of declines.
biz.yahoo.com
PaperTrail Blog
Updated: 9/9/2010, 2:31 pm | Imagine strolling into Bob’s Sandwich Emporium to discover that the chalkboard behind the counter lists both lunch specials and financing specials.
www.public-i.org
Crisis Past, Obama May Have Squandered an Opportunity
President Obama and his party face a problem that stems from decisions he made when he took office.
www.nytimes.com
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