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Credit Reports Repair News

UK mortgage lending down 44 pct from a year ago (AP)
AP - Mortgage lending in Britain was down 44 percent in October compared to a year ago, further evidence the economic downturn is hurting an already weak property market, the Council of Mortgage Lenders said Thursday.
 
Mortgage application volume falls 6.2 pct (AP)

The headquarters of mortgage lender Freddie Mac is seen in Mclean, Virginia, near Washington in this September 8, 2008 file photo. (Jason Reed/Reuters)AP - Mortgage application volume fell 6.2 percent during the week ended Nov. 14, according to the Mortgage Bankers Association's weekly application survey.



 
Senate to probe bond-ratings firms: report (Reuters)

Senator Norm Coleman speaks at the second session of the 2008 Republican National Convention in St. Paul, Minnesota September 2, 2008. (Brian Snyder/Reuters)Reuters - A U.S. Senate subcommittee is opening a probe into causes of the global financial crisis, focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments which have since collapsed, the Wall Street Journal said.



 
Kashkari: Consumer credit help promising step (Reuters)
Reuters - Actions to support consumer lending could be a productive next step to help repair financial markets, Treasury Department financial rescue package administrator Neel Kashkari said on Wednesday.
 
Regulator halts Fannie housing fund contributions (Reuters)
Reuters - Fannie Mae , the largest provider of money for U.S. home mortgages, on Tuesday said its federal regulator suspended a mandate to set aside money for a housing trust fund.
 

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Corporate Credit Card Fiasco
Many corporations provide their employees with corporate credit cards to pay for business expenses. If everything works as planned, the company credit card simplifies expense reporting and...

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Should Teens Use Credit Cards?
Is it okay to give your teenager son or daughter a credit card? Find out if you are making a mistake by handing them some plastic.
 
Student Credit Cards - A Wise Move?
Teaching our children life lessons of the financial world should be a high priority. Personal finance lessons taught with the proper use of a credit card can be invaluable.
 
Student Credit Card Deals - Increase Your Chances For Success
Student credit cards are typically people's first foray into the world of credit and finance. These cards which students use for a variety of reasons including paying tuition and fees, buying books and school supplies, and purchasing other products and services necessary for matriculation are many times given by parents to their children mostly to foster and encourage proper financial management.
 
Don't Wait - Dump Your Credit Card Machine Now
In Canada cash has recently been replaced as the favorite form of retail payment. Studies predict that soon the United States will follow this trend and their customers will be using DEBIT/ATM cards more than any other form of retail payment. With the coming credit crunch, the credit card companies are lowering the credit limits of their card holders.
 
Economics - Credit Crisis Indicators - How to Use Them and Understand Them
The credit crisis can be confusing. Many, don't understand how to read or understand what the indicators are telling them. We will explore and explain how these indicators work so you can gain a greater understanding how to use these indicators to your advantage.
 

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