Consumer Finance Hub
Consumer Finance Hub Real Issues. Real Answers.









SEARCH:




FEATURED PRODUCT






  Consumer Credit Templates

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
[more...]

Price: Free

download today



FEATURED SERVICE






  Mortgage Refinance

Learn your options with regard to refinancing the existing loan to lower your monthly payment, lower the interest rate, pull cash out or shorten the term of your existing home loan, we can match you with a home loan program that meets your specific needs. Our nationwide network of home loan and mortgage refinance professionals have access to literally hundreds of loan programs perfectly suited for those with less than perfect credit.

free consultation



HOME COMPANY SERVICES PRODUCTS RESEARCH
Home
Company
Services
Products
Research










Credit Research News - September, 2007















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

Credit Research News - September, 2007



Tips for facing up to debt

Don't hide from debt. Get rid of it. Start by getting informed. Watch the movie "Maxed Out," now on DVD.



A For-Credit Course

About a year ago, JP Morgan Chase started a new credit-card program aimed at college students, working with Facebook,



Victims in laptop theft urged to monitor credit

Betty Ann Obringer, a lifetime resident of Norwalk who works as an executive secretary at a local bank, said she never banks online.



Experian, Visa Partner to Create Risk Management Products

Experian has partnered with Visa to create unique risk management products for financial institutions.



Bear Stearns, Quebecor Sell Debt as Credit Rout Eases (Update3)

Bear Stearns Cos., the fifth-biggest U.S. securities firm, and newspaper owner Quebecor Media Inc. led companies selling U.S. bonds this week



S&P affirms Gannett ratings

Standard & Poor's (NYSE:MHP) Ratings Services said Friday it affirmed Gannett Co.'s (NYSE:GCI) ratings, including its investment grade 'A-'



Astonish Results Announces it's Strategic Partnership with Birchwood Credit Services

Astonish is pleased to announce their strategic partnership with Birchwood Credit Services, Inc., the leader in credit rescoring and credit education.



Local Good Samaritan Center celebrates 30 years of service

...doing the Tailgate Tour”, says Tyler Engstrom, Loan Officer in Minot with Farm Credit Services.



Moody's, McGraw-Hill Soar; Firms `Back From the Dead' (Update2)

Moody's Corp. and McGraw-Hill Cos. soared to the highest in more than a month in New York Stock Exchange trading on speculation their credit-rating units



S&P Lifts GameStop Credit Rating

Standard & Poor's Ratings Services raised the credit ratings for video game and software retailer GameStop Corp. by one notch Thursday



Consumer Portfolio Services Reveals $327.50 Mln Securitization; Renews Credit Facilities

Consumer Portfolio Services, Inc. (CPSS | charts | news | PowerRating) revealed that it has finalized a term securitization deal today



Marlin Business Services Corp. Announces An Extension of the Termination Date of Its 2000-A

Marlin Business Services Corp. (Nasdaq:MRLN) today announced that certain of its affiliates entered into an amendment



Kids Use Credit for Swifter Service

Have you seen the check card commercials where there are lines of people dancing through a store in happy synchronicity because everyone is using a card



Steve Case, David Pottruck, others creating new credit card

The lucrative business of credit cards and payment networks is drawing a powerful team to create a new credit card



Four Credit Reporting Agencies form Strategic Alliance with SearchMyLoan.com

SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, has formed alliances with four credit reporting agencies



Senators Question Credit Rating Agencies

Executives from major credit rating agencies on Wednesday were accused by senators of being hampered by conflicts



Financial Solutions Services Offers Free Weekly Credit Repair Workshops

Financial Solutions Services (FSS) educates people on how credit repair can save tens to hundreds of thousands of dollars or more throughout a lifetime.



Sector Roundup: Credit Cards, Airlines

Credit card issuers traded mostly lower Tuesday, with Discover Financial Services falling more than 3 percent



Standard & Poor's Ratings Services Revises Its Outlook on NorthWestern Corporation's Long Term Corp.

NorthWestern Corporation d/b/a NorthWestern Energy today announced that Standard & Poor's Ratings Services ("S&P")



US industrials credit profile at weakest level ever,likely to drop further - S&P

The credit profile of US industrial companies is currently at its weakest level ever, Standard & Poor's (NYSE:MHP)



Seven credit raters to provide data to U.S. SEC

The U.S. Securities and Exchange Commission said on Monday it had granted the registrations of seven credit rating agencies



Pamela Yip on freezing your credit report (9/24)

Dear Ms. Yip, I hope you can answer this question for me. We are 75 and 68



Heyworth High crowns king, queen

Branden Downing and Rachel Wood have been selected the 2007 Homecoming king and queen at Heyworth High School



Revolution Joined by Industry Legends and Major Banks To Launch Revolutionary Payment System

Revolution LLC, the investment company created by Steve Case, today launched a new subsidiary, Revolution Money



Credit card numbers' broker gets indicted

The head of a major website that trafficked in stolen credit card numbers has been arrested and indicted after a 16-month investigation



Supporters of all ages work on junior fair

Though fair-goers often look for their favorite food stands in the same location, at least one food stand has made a slight change



New credit card scam both slick and audacious

There's a new form of credit card fraud going around. Someone calls, gives his name and badge number and says he's with the security and fraud



Free meals highlight Farm Safety Week

A cooling breeze rustled through dried corn shucks at the Cowan farm near Mount Pulaski.



Service for Less

You know the old line: "If it sounds too good to be true, then it probably is."



Equifax to offer credit report 'freezes'

Under pressure from a big competitor and consumer activists, Atlanta-based Equifax said Friday it will let consumers nationwide "freeze"



Technology Credit Union Launches Mobile Banking Service

Members Can Now Safely, Securely Access Their Accounts Anywhere, Anytime



Optelecom-NKF Introduces New IP Video Surveillance Products Based On Texas Instruments' Technology

Optelecom-NKF, Inc. (OPTC) introduced a new group of IP-based video surveillance products based on Texas Instruments



RiskMetrics Group Holdings ratings placed on positive watch on IPO plans - S&P

Standard & Poor's Ratings Services said it has placed its ratings on US-based RiskMetrics Group Holdings LLC



Morgan Stanley

The nation's No. 2 investment bank reported third-quarter profit sank 17 percent



Fedex hit by fuel costs and credit woe

Fedex, the delivery company, on Thursday cut its earnings forecast for the rest of the year by 4 per cent



United FCS Board Takes Actions to Strengthen Governance

The Board of United FCS ACA, in response to recent controversies and at the request of its regulator, the Farm Credit Administration (FCA)



Consumer Smarts with Phuong Cat Le

Consumer Reports WebWatch recently analyzed 24 credit report sites with "free" or "credit" in their names.



Bernanke says 'opaque' structured credit instruments a problem in credit crunch

Federal Reserve Board Chairman Ben Bernanke said today that while hedge funds have not played a role in the current credit tightening



Quanta Services says increases credit facility to $475 mln

Quanta Services Inc. (PWR.N: Quote, Profile, Research) said it increased its senior secured revolving credit facility



Quanta Services Increases Credit Facility to $475 Million

Quanta Services, Inc. announced today that it has amended its credit facility with a syndicate of lenders led by Bank of America, N.A.



Choice Credit Group Offers Free Credit Repair Information and Services to the Public

Choice Credit Group, a Black Owned Credit Repair Organization, announced the continuation of offering their services free nationwide



US corporate defaults may touch 35 bln usd or more in 2008 - S&P

Standard and Poor's Ratings Services said the US corporate defaults in 2007 have totaled only 4.5 bln usd



Buyer Beware: Credit Card Offer

Your mailbox probably gets filled every week with credit card offers. We're taking action to warn you about an offer that could show up



Morgan Stanley third-quarter profit tumbles 17 per cent as credit crisis impacts bottom line

Morgan Stanley on Wednesday reported third-quarter profit sank 17 per cent, as the No. two U.S. investment bank



S&P lowers First Data credit rating

Standard & Poor's (NYSE:MHP) Ratings Services on Tuesday lowered First Data Corp.'s (NYSE:FDC) junk credit rating



FNB United sells credit card portfolio

FNB United, the parent company of CommunityONE Bank, has sold its credit card portfolio to Élan Financial Services, a division of U.S. Bank.



UPDATE 1-McGraw-Hill CEO says S&P to weigh on results

McGraw-Hill Cos Inc (MHP.N: Quote, Profile , Research) on Tuesday said the housing slowdown will likely hurt results



Ball State Federal Credit Union Selects Sedona as Provider for MRM Application and Services

SEDONA(R) Corporation (www.sedonacorp.com), a leading provider of Customer and Member Relationship Management (CRM/MRM)



First California Seeks New Chief Credit Officer

First California Financial Group, Inc. (NASDAQ: FCAL) today announced a search for a new chief credit officer.



Encore Capital Group, Inc. Adds Two Independent Directors to Its Board and Announces Cost Savings

Encore Capital Group, Inc. announced today the addition of two independent directors to its Board and several cost savings



BofA extends $35M credit line to Internap

Internap Network Services Corp. has inked a $35 million line of credit with Bank of America Corp.



S&P to review credit ratings for newspaper publisher

Standard & Poor's Ratings Services said it would review the corporate credit ratings of Freedom Communications Inc., the owner of dozens of newspapers



Business World for Sept. 16

Inducted: The South Dakota Cooperative Hall of Fame announced that LeRoy Schecher of Rapid City has been inducted into the hall of fame



RMCN Credit Services, Inc. Has Been Selected as a Winner of the 2007 Dallas 100™ Entrepreneur Awards

RMCN Credit Services, Inc. is among Dallas' fastest growing, most dynamic privately held companies.



JPMorgan Chase ramps up rewards program

To attract even more cardholders, JPMorgan Chase & Co. is ramping up the rewards program for its popular Freedom card.



RepairMyCreditNow.com Video with Doug Parker and Peggy Sue Skipper.

This is a video about credit repair for clients with bad credit with Doug Parker the founder and CEO of RMCN Credit Services, Inc.



RMCN Credit Services, Inc. Selected Winner of the 2007 Dallas 100

RMCN Credit Services, Inc. is among Dallas' fastest growing, most dynamic privately held companies.



American Capital Completes the Syndication of Over $240 Million in Credit Facilities

American Capital Strategies Ltd. announced today that it has successfully syndicated over $240 million in credit facilities for three portfolio companies



Kevin Wessell, CEO Companies Incorporated, Small Business Filing Services Expert Provides an Online

Kevin Wessell, CEO of Los Angeles based Companies Incorporated, a company formation firm, launches a resource helping businesses



EU financial services head says EU and US should jointly investigate ratings agencies

The European Union and the United States should join forces to investigate the role of credit ratings agencies in the current debt market turmoil



Security Service agrees to merge with Coastal Bend credit union

Security Service Federal Credit Union and Horizon Credit Union have agreed to merge their operations in a move



Target Corp on negative watch on capital structure review plan - S&P

Standard & Poor's Ratings Services placed Minneapolis-based discount retailer Target Corp's long-term ratings



US House panel to examine credit raters on Sept 27

A U.S. House Financial Services subcommittee will hold a Sept. 27 hearing to examine the role of the credit rating agencies



Target Considering Debt Sale

Target shares rose nearly 3 percent Thursday after it said it might shop around almost $7 billion that its customers owe on the credit cards it issues.



First Cash Financial Services (FCFS) Increases Credit Facility to $90 Million

In Today's 8-K Filing From First Cash Financial Services (Nasdaq: FCFS): On September 7, 2007, First Cash Financial entered into an agreement



Mac-Gray cut to 'BB-' on aggressive financial policy - S&P

Standard & Poor's Ratings Services lowered its ratings on US-based laundry equipment and services provider Mac-Gray Corp



Community Banks and Credit Unions Say Automation Boosts Confidence in BSA Compliance

Community banks and credit unions that use technology as part of their Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) programs



S&P Affirms "B+" Credit Rating on Kodak

Standard & Poor's Ratings Services on Wednesday affirmed its "B+" corporate credit rating on photo company Eastman Kodak Co.



Bank of America, Credit Suisse, UBS Joining the Open Platform for Unregistered Securities

Bank of America, Credit Suisse and UBS today announced that they are joining Citi, Lehman Brothers, Merrill Lynch, Morgan Stanley and The Bank of New York Mellon



Kinecta Federal Credit Union Converts to Online Resources for Bill Payment

Online Resources Corporation (Nasdaq:ORCC), a leading provider of Web-based financial services, today announced that Kinecta Federal Credit Union has signed a multi-year agreement



Reunion.com Selects Vindicia's ChargeGuard for Outsourced Credit Card Chargeback Management Services

Vindicia, Inc., a leading provider of payment management services for online merchants, has added leading social networking site Reunion.com as a customer for its ChargeGuard™ chargeback management services.



Debt-Laden Homeowners Save Plastic First

Conventional wisdom has it that people will do everything to keep their homes. Not any more.



S&P: Credit Woes May Hit Energy Sector

Standard & Poor's Ratings Services said Tuesday it expects ratings of oil and gas companies to hold steady through 2007



US CREDIT-Temple-Inland weaker, may have value

Temple-Inland Inc.'s (TIN.N: Quote, Profile , Research) sale of its timberlands business has reduced the diversity of income



Credit Suisse Names Michael Nies Head of the Miami Office of Private Banking USA

Credit Suisse is pleased to announce that Michael Nies has joined the Bank as Head of the Miami office of Private Banking USA



Rumbi Island Grill Deploys MegaPath SecureConnect Services to Protect Credit Card Transactions

MegaPath SecureConnect Site-to-Site VPN and SecureConnect Managed Security Services Deliver Uniform Security Across 22 Retail Locations



Students to get credit for community service

There will soon be more good deeds going on around the Armstrong School District.



Action Line: How to bring an end to debt collector's calls

Q Help! I have been getting phone call after phone call (up to six a night) from Bay Area Credit Services for collection on a bill



66 Federal Credit Union announces business services manager

66 Federal Credit Union is proud to announce that Tyler Vaclaw has accepted the position of business services manager.



Face of Credit Introduces Innovative Services to Fight Identity Fraud

Face of Credit has introduced a suite of innovative services designed to fight the growing problem of identity theft.



CUSO Financial Services, LP Commends Credit Unions and Investment Reps for Record Performances

CUSO Financial Services, LP, (CFS) a full-service broker dealer and Registered Investment Adviser that provides customized investment



Fifth Third Bank Leverages New S1 Enterprise Trade Service Solution

S1 Enterprise, a leading provider of multi-channel financial service solutions and a division of S1 Corporation , today announced that Fifth Third Bank



Cilion, Inc. Continues to Lead - Closing Debt Financing for Ethanol Facilities

Cilion, a new biofuels company, today announced the closing of its first round of debt financing for the construction of two ethanol plants in California



AgCountry breaks ground

AgCountry Farm Credit Services in Fergus Falls broke ground Sept. 4 for its new facility, which will be located at 311 North Tower Road



Firethorn and CheckFree to Provide America First Credit Union with Mobile Banking and Payments

Firethorn Holdings, LLC, (www.firethornmobile.com) the mobile banking and payments enabler, and CheckFree Corporation



Ratings agencies in line of fire

In recent weeks, the credit squeeze has left bank shares tumbling. But another sector has seen its stocks hit with far less prominence: rating agencies.



Menlo Worldwide Announces Major Expansion in China With Acquisition of Shanghai-Based 3PL Chic

Menlo Worldwide, LLC, the global logistics subsidiary of Con-way Inc. announced today the signing of a definitive agreement to purchase Chic Holdings Ltd.



Reinsurance Emerges as Lower Cost Alternative to Risk Financing as Credit Markets Become Expensive

Aon Re Global, the world's largest provider of reinsurance brokerage and integrated capital solutions and services and a unit of Aon Corporation



Guarding your identity

More and more people are falling prey to identity theft. There are ways to prevent it and, now, ways to get it back.



Greylock Credit Union Tops in Nation

The best of the Berkshires can now be called the best in the country.



Fed Nominee's Firm Offered Risky Loans

Capital One Financial Corp. executive Larry Klane, nominated by President Bush for a seat on the Federal Reserve Board



The Fed: A Whole New Ballgame

The surprising weakness in the August jobs report leaves Bernanke & Co. little choice but to cut rates at the September FOMC meeting



RouteOne Signs Wachovia Dealer Services to its Online Credit Application Management System

RouteOne LLC announced today that Wachovia Dealer Services, a national lender with approximately 14,000 dealer relationships nationwide



Winter in August Sends Chill

August was a month of great consternation in the high-yield market, as subprime exposure fears mounted.



Citi and AT&T Introduce Two New Innovative No-Annual-Fee Credit Cards Featuring Savings on AT&T

Citi, the world's largest provider of credit cards, and AT&T Inc. today extended their relationship to launch two new no-annual-fee AT&T Universal cards



Conflicts and the Credit Crunch

In terms of market meltdowns and the degree of pain inflicted on the financial system, the subprime mortgage crisis



US credit market turmoil 'far from over'

A senior US Treasury Department official has warned that turmoil in credit and mortgage markets was "far from over"



Alliance Data Makes West Elm Credit Card

Marketing services provider Alliance Data Systems Corp. said Thursday it agreed to provide a private-label credit program for West Elm



Democrats Prepare Bills to Tighten Loan Rules

Democrats in Congress are planning to introduce bills in the coming days that would prohibit a range of practices used to market subprime



More financial-service curbs weighed

Amid tightening credit, rising default rates on home loans and concerns that larger investors aren't sufficiently scrutinized



Corrections Corporation of America Increases Borrowing Capacity of Its Revolving Credit Facility

Corrections Corporation of America (NYSE: CXW) (the Company, "CCA") announced today that it has exercised its option



Economy Suffered Little in August

U.S. businesses suffered little immediate damage from the problems in financial markets in August, but there are hints that may change in the months ahead



The Dirty Secret of Campus Credit Cards

Issued under affinity contracts, they represent sweetheart deals between card companies and the colleges. It's the students who pay the price



United SA credit union rolls out new checking product

United SA Federal Credit Union is now offering a new, no-minimum balance-free checking account program for its members.



Credit market turmoil 'far from over'-US Treasury

A senior U.S. Treasury Department official on Wednesday warned that turmoil in credit and mortgage markets was "far from over"



Gibraltar outlook cut to negative on higher leverage - S&P

Standard & Poor's Ratings Services revised Gibraltar Industries Inc's outlook to negative from stable, citing an increase in the company's financial leverage



SearchMyLoan.com Announces Strategic Alliance With Three Credit Reporting Agencies

SearchMyLoan.com (SML), a provider of loan search and pricing services for the mortgage industry, announced alliances with three credit reporting agencies



Ahead of the Bell:Hearing on Credit Woes

Top Bush administration officials will come to Capitol Hill on Wednesday to highlight - and probably face criticism



School budget hearing doesn't draw a crowd

The Duneland School Board held its hearing on the 2008 advertised budget on Tuesday.



County to accept credit cards for tax payments

Muskogee County taxpayers will be able to cover their county tax tab with plastic beginning this fall through a new service



Confessions of a Credit-Card Pusher

One student's story of how he was recruited to peddle credit cards on campus and the troubles he found for himself



Regulators Urge Refinancing of Securitized Mortgages

U.S. bank regulators, facing the worst housing slump in 16 years, called on mortgage lenders to stave off foreclosures by cutting or postponing home payments



Standard & Poor's Buys Companies for Debt Analysis

Standard & Poor's bought two businesses to improve its ability to analyze structured-finance transactions, as credit services face criticism



S&P Raises Landry's Credit Ratings

Standard & Poor's Ratings Services on Tuesday increased its credit ratings on casual dining chain Landry's Restaurant Inc.



Unraveling the Subprime Mess

With Congress returning today from summer recess, the nation's political machinery will turn in earnest on the subprime-mortgage meltdown



MetaCard: The World’s First Virtual World Credit Card

Singapore based FirstMeta has launched MetaCard, a credit card for Second Life that is claimed to be the world’s first virtual world credit card



Payday loans' costs can get steep

With bills mounting, mechanic Norman Jacko reluctantly turned to a payday lender for relief.



Recession Risk Rises as Consumers Feel Pain of Tighter Credit

The pain from higher borrowing costs may be spreading as consumers and businesses follow investors in shying away from risk



Announcing ‘hits & misses’ for good and bad services, products

Every once in a while someone will ask me what I think of this product or that service — would I recommend it?



Avoiding foreclosure can be as simple as knowing where to seek credit help

Not all foreclosures can be prevented, but roughly 25 to 30 percent of foreclosures can be avoided, said Brian Fogle of Great Southern Bank.



Let's not talk about mortgages

Believe it or not, there are a few other things happening in the personal-finance world that have nothing to do with subprime mortgages or the credit crunch.



IUN is finally drying out

On Friday, the last of water from the parking lots at Indiana University Northwest was pumped out, opening all lots at the Gary campus



Farm Credit Services' new facility underway

Farm Credit Services of Mid-America has broken ground on a 3,800-square-foot building at Ind. 1 and Teetor Road.



Traders now enjoy multiple options in financing foreign transactions

World traders are enjoying a time of plenty these days when it comes to finding resources to finance their transactions.



Skittish: Description of Bay Area home buyers

Neighborhood Housing Services Silicon Valley, a non-profit group devoted to helping low- and moderate-income people buy homes


:: back to Credit Research News Archive ::




















HOME  ::  COMPANY  ::  SERVICES  ::  PRODUCTS  ::  RESEARCH
Consumer Finance Hub © 2009  ::  Privacy Policy  ::  Legal Disclaimer

Powered By: Web Services and SOA