Archive for the ‘Credit’ Category
Sunday, April 6th, 2008
A recently released survey from the American Bankers Association shows consumer loan delinquencies have reached a 16 year high.
Loans at least 30 days past due in in the most recent quarter totaled 2.65%. This is the highest level of delinquency since 1992, when delinquencies totaled 2.75%.
Source: USA Today - ...
Posted in Banking, Credit, Economy | No Comments »
Thursday, January 31st, 2008
I just read a fascinating article in the New York Times titled: "What’s Behind Those Offers to Raise Credit Scores". It details some of the tactics that companies are using to artificially inflate individuals credit scores, including piggy-backing on stranger's loans. This practice, using "seasoned primary accounts", attaches an ...
Posted in Credit, credit score, hacks | No Comments »
Tuesday, January 8th, 2008
Your credit score determines a lot more than just your ability to get a loan at a decent rate.
Your credit score is a three digit number ranging between 300 (terrible) and 850 (very, very, good), that is computed based on a number of factors.
Who pulls your credit? ...
Posted in Credit | No Comments »
