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Climb to the top of the priority list. Everyone that seeks to deal with debt collectors or credit bureaus should be armed with this template package. This collection of letter and fax templates is a powerful means to dealing with all three credit bureaus and debt collectors
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Credit Research News - December, 2006















HOME :: RESEARCH :: CREDIT :: NEWS :: ARCHIVE

Credit Research News - December, 2006



Power companies can trade mercury pollution credit

South Carolina is preparing for a federal program that will let utilities trade pollution credits like stocks



Holidays Timely for Personal Financial Checkup, Financial Portal Bills.com Suggests

Consumers can give themselves the gift of financial health with four steps



Consolidated Credit Counseling Services Offers Money Management Tips to Reduce Debt

Soon the holiday greeting cards will be replaced by holiday bills. Then what? Money management will be the key to gain control of finances for those who ran up holiday debt



Previewing 2007: Cash America

Not that being a pawn broker is a dying industry, but making short-term cash advances -- commonly referred to as payday loans -- just happens to be more profitable



Newtek Shrinks Credit Facility

Newtek Business Services Inc., which provides business services and financial products to small businesses, said Thursday it will reduce its credit facility from $75 million to $50 million



CompuCredit and PRBC Join Forces to Help Consumers Build Credit

CompuCredit Corporation today announced it is joining with the alternative credit bureau PRBC® in an innovative program to help consumers build credit



Managing cash flow is common sense but often neglected

Ever been in the situation in which sales are great but your cash situation isn't?



Publicis credit ratings on creditwatch negative after Digitas deal - S&P

Publicis Groupe SA has had its 'BBB+/A-2' long- and short-term corporate credit and 'BBB+' senior unsecured debt ratings placed on CreditWatch with negative implications by Standard & Poor's Ratings Services agency



Waste Services announces $100 financing

Waste Services, Inc. has announced its intention to increase the term loans under its existing Senior Secured Credit Facility by $100 million



Iowa credit unions evolving their services

Credit unions emerged in the Iowa marketplace in the 1930s in response to a socioeconomic climate that, in many ways, resembles present-day Iowa



Consumer Portfolio Services (CPS) Joins RouteOne

RouteOne LLC announced today that specialty finance company Consumer Portfolio Services has joined its web-based credit application management system



Farm Credit Agencies Join

The three Farm Credit agencies that operate in Arkansas – AgHeritage FCS, Farm Credit of Western Arkansas and Farm Credit MidSouth – have agreed to serve as one of the lead sponsors of the Arkansas Farm Family of the Year program



Farm Credit pilot program investing in rural businesses

A new financial resource is available for rural businesses through Farm Credit Services of Illinois, the Governor’s Rural Affairs Council learned last week



Business as usual for most services

As utility crews struggled to restore power, most businesses and services in the area were back to normal Monday



Bombardier arranges $6.5-billion credit

Bombardier Inc. signed a $6.5-billion syndicated letter of credit with a group of international financial institutions Monday, completing a refinancing plan



Nationwide Bank, credit union merger near completion

Nationwide Bank's merger with Nationwide Federal Credit Union will be complete Jan. 2, the bank said Monday after receiving final regulatory approval



Who would span the payday lending gap?

Five years ago, tellers at State Employees' Credit Union in North Carolina noticed a different group of people coming in to cash checks: payday lenders with checks written by members of the Raleigh-based credit union



Good idea to check free credit report

ANNUAL LOOK CAN PAY OFF IN SEVERAL WAYS -- INCLUDING APPROVAL, RATES ON LOANS



Report deals credit unions a blow

But CUs deny banks are better at serving people of modest means



Mothers Work touts S&P upgrades

Maternity apparel retailer Mothers Work Inc. said Friday that Standard & Poor's Ratings Services raised the company's credit ratings to "B" from "B-."



Analyst Says ADS Will Become Emarketer

Alliance Data Systems Corp. will turn to marketing services for its next phase of growth because performance in the credit services business has peaked, a CIBC World Markets analyst said Thursday



Old National Bancorp Names Murphy as Chief Banking Officer and Rickard as Chief Risk Officer

Old National Bancorp (NYSE:ONB) announced today the appointment of Barbara Murphy as chief banking officer and the promotion of Candice Rickard as the chief risk officer



Renewal of Federal Tax Credit Program Puts First Advantage Tax Consulting Business on Track for 2007

First Advantage Corporation , a global risk mitigation and business solutions provider, today announced that the Work Opportunity Tax Credit (WOTC) and Welfare-to-Work (WtW) Tax Credit programs have been approved for renewal by Congress for two years, retroactively effective from Jan. 1, 2006 through Dec. 31, 2007



APAC secures credit line boost to $37.5M

APAC Customer Services Inc., which operates call centers, help lines and other services, said Monday it increased its credit line with LaSalle Bank National Association by $7.5 million to $37.5 million



Reducing the cost of late payments

Late payment and bad debt are the single biggest cause of business failure among resellers



CPS Obtains $35 Million Credit Facility

Nonprime auto lender Consumer Portfolio Services Inc. has closed on a new $35 million residual credit facility, which will allow it to initiate borrowings over the next two years, according to a company statement



Fortis Credit4me receives MAPIC Award for its innovative credit shop concept in Germany

On 16 November 2006 Fortis Credit4me received a MAPIC Award at the MAPIC trade fair in Cannes (France), the world's largest for retail real estate



Official Opening of Scotiabank Branch in Quartier Dix30

Today marks the official opening of Scotiabank's new Brossard Dix30 branch, located at 7240 Lepage Street in Quartier Dix30



Business Credit Vital to Getting a Business Loan According to Latest SBA Study

In what can aptly be described as crucial news for savvy small business owners, a new survey reveals the importance of business credit reports and scores to banks who issue business loans



Tech Data U.S. Strengthens Purchasing Power of SMB Resellers

Tech Data Corporation (NASDAQ:TECD) today expanded its financial services offering to include the recently launched IBM Flexible Credit



Farm Credit Services has moved

Badgerland Farm Credit Services, a premier provider of credit and financial services to agriculture and rural Wisconsin, recently completed construction and has now moved into its new office located at 138 Corporate Drive in Beaver Dam



PayChest Announces Products and Services Launch

PayChest, Inc. today announced the launch of its online payment gateway products: PayChest ACHnet, PayChest E-Check, PayChest RD21 and PayChest Credit Card Processing



Business Credit Vital to Getting a Business Loan According to Latest SBA Study

In what can aptly be described as crucial news for savvy small business owners, a new survey reveals the importance of business credit reports and scores to banks who issue business loans


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