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Debt Research News - October, 2006















HOME :: RESEARCH :: DEBT :: NEWS :: ARCHIVE

Credit Research News - October, 2006



Debt management services on the rise

The debt management services in the UK are surely on the increase



Debt firms push the poor deeper into the red

On state benefits? That's no bar in an industry in dire need of regulation, writes Lisa Bachelor



Unfair card practices in US

LATE fees for credit card payments have jumped, but card issuers have done a poor job of explaining their policies on fees and penalties to consumers, a new study by congressional investigators has found



Debt Consolidation Services - 3 Things To Watch Out For With Debt Consolidation Companies

Debt consolidation services can provide a valuable service by lowering your interest rate with creditors, enabling you to pay off your unsecured loans and bills in a short period



Consolidating Debt & Debt Reduction Without Owning A Home

You have two options to consolidate and reduce your debt if you don’t own a home



S&P May Upgrade Boeing Ratings

Standard & Poor's Ratings Services said Wednesday it placed the ratings on Boeing Co.'s long-term debt on a list for possible upgrade, citing good performance and the likelihood of further gains



Is Non-Homeowner Debt Consolidation Possible?

It is a common belief that consolidating debt for non-homeowners is not feasible



S&P says software credit trends negative

Software and services companies -- such as CA Inc. and Computer Sciences Corp. -- have become more willing to increase their financial risks, as shown by a slew of debt-financed share buybacks, Standard & Poor's said in a report Tuesday



Are Debt Consolidation Agencies The Solution?

No Company will aid you with your debt problems out of the goodness of their hearts.



S&P Cuts Ratings on HCA, Off CreditWatch

Standard & Poor's Ratings Services lowered its existing ratings on Nashville, Tenn.-based HCA Inc. further into junk status, downgrading the corporate credit rating to 'B+' from 'BB+'



Debt tactics can provide a lifeline

Consolidation, in various forms, lets debtors get grip on situation



Different Alternatives for Becoming Debt-Free

When it comes to debt consolidation, there are many different financial products for every consolidation need



Consolidate And Live Debt Free

Are your credit cards in charge of your life? Are you living payday to payday with no end in sight? Making large payments but not making much of a dent on your principal balance? It may be time to consolidate and live debt free



Are Unsecured Debt Consolidation Loans Right For You?

When it comes right down to it, there are very few situations in which bankruptcy has to be the answer



S&P Removes Kerr McGee From CreditWatch

Standard & Poor's Ratings Services on Friday said it has raised its corporate credit and senior unsecured debt ratings on Kerr McGee Corp., the Oklahoma City-based oil and gas producer



Fitch gives BBB rating to Duke unit's debt

Fitch has affirmed its BBB rating on Duke Energy Field Services' senior unsecured debt and issuer default ratings



Fitch Affirms Duke Energy Field Services Debt at 'BBB'; Outlook Stable

Fitch affirms Duke Energy Field Services, LLC's (DEFS) senior unsecured debt and Issuer Default Ratings (IDRs) at 'BBB'



S&P Revises Chemtura Outlook to 'Stable'

Standard & Poor's Ratings Services on Thursday revised its outlook on specialty chemicals maker Chemtura Corp. to "stable" from "positive," citing poor profitability in certain businesses and unexpectedly low debt reduction



Tata Power Co Ltd outlook revised to negative

Standard & Poor's Ratings Services said today it revised its rating outlook on India's Tata Power Co. Ltd. (Tata Power) to negative from stable



Debt Consolidation Credit Counseling Agency Help

How to Spot the Best Program



Escaping debt can be hard

Steps offer way out for people



We can't cope with debt tide

The phones ring constantly and advisers are kept busy talking to callers or giving advice via e-mail.



The coming credit crunch: What's in your wallet?

PROBABLY TOO MUCH PLASTIC, EXPERTS SAY. RISING DEBT IS AMONG THE OMINOUS TRENDS THAT THREATEN AMERICANS' FINANCIAL HEALTH



Business Debt and Loan Consolidation: Help, Solutions, and Services

There are a lot of businesses that run into financial trouble and turn to financial advisors to help develop a business debt and loan consolidation plan



XKO sells software, services division for up to 15 mln stg UPDATE

XKO Group PLC said it has sold its software and services division to UK Software Holdings Ltd for up to 15 mln stg to focus on the revenue assurance markets



Debt firms not always helpful

Beware of 'too good to be true' settlement companies making outlandish claims



Bad debt firm swallows smaller rival

Debts.co.uk, one of the raft of stock market companies set up to help people refinance their debts, has snapped up a smaller rival in what is expected to be a round of consolidation in the sector



Debt Handling Solutions

Sometimes debt can seem overwhelming



Visa International's Ratings Changed

Both Standard & Poor's Ratings Services and Moody's Investors Service changed their ratings for Visa International Wednesday after the operator of the world's largest consumer credit card payment system said it plans to restructure its organization to create a new company and then sell shares in an initial public offering



S&P Puts Cablevision on CreditWatch

Standard & Poor's Ratings Services said Tuesday it placed its long-term ratings of cable TV operator Cablevision Systems Corp. on CreditWatch with negative implications



Wilmington Trust Reports Initiative In Corporate Client Services Business

Tuesday, Wilmington Trust, a financial services holding company, announced that it has expanded its capital markets business with the addition of collateral administration services for collateralized debt obligations



S&P Ups Amkor Ratings After Restatement

Credit ratings agency Standard & Poor's Ratings Services said Tuesday it upgraded several ratings for Amkor Technology Inc., a provider of chip packaging and test services, and removed all ratings from review for a possible change



TDX Group launches Debt Resale Services

TDX Group, the UK’s largest debt broker, has extended its debt sale brokerage offering into the secondary market by launching TDX Resale Services



Is It ReFi Time

Millions of people are taking advantage of the current opportunity to refinance the mortgage on their homes



Guide to free debt consolidation

There are innumerable people under debt who are plagued by the pressure of paying back their dues to collection agencies



Debt mountain hits plateau

The British are still Europe's spendthrifts, but there are signs of a more responsible attitude - among both borrowers and lenders, reports Jill Insley



Banks tightened up lending policy

The continuous rise in unsecured personal debt has made the banks in England to tighten up their lending policies. Report revealed by Datamonitor shows that UK is the most indebted country in Western Europe. This is the reason why banks tightened up their lending policy



Debt relief 101: Understanding your options and avoiding the scams

The total consumer debt in the United States has ballooned to over two trillion dollars a full 100% greater than it was just a decade ago



Four Regional Franchisee candidates are sought to spearhead a new concept in credit management...

With a Master Franchisee launched in Ireland, EC Credit Control has established its concept in its first European market after building franchise networks in Australia and New Zealand. The credit management and debt recovery brand is now seeking to divide the UK between four business leaders to capitalise upon the opportunity offered by the UK market



Standard and Poor's upgrades outlook of Venezuelan debt

Standard and Poor's upgrades outlook of Venezuelan debt



Alanco Closes $4 Million Long-Term Debt Financing

Alanco Technologies, Inc. (NASDAQ: ALAN), a leading provider of wireless tracking and asset management solutions, today announced that it has closed a $4 million debt financing with ComVest Capital LLC, based in West Palm Beach, Florida, to be used to repay short-term notes and provide working capital to fund operations. Midtown Partners & Co., LLC acted as placement agent in this transaction



Consumer Credit: Bad credit need not be permanent

Good credit is a tremendous asset, and when maintained properly, it can provide you with financial freedom and save you money



BlueGrouse Seismic Solutions Ltd. closes debt financing

BlueGrouse Seismic Solutions Ltd. (TSXV - BGH) is pleased to announce that it has closed a new $4,000,000 secured term debt financing with Toscana L.P.



Company's Tardy SEC Reports Prompt Debt Default Finding

The tardiness of a technical services company in submitting financial reports to the Securities and Exchange Commission and the trustee responsible for managing its debt payments have prompted a potentially expensive default



Being Informed About Debt Consolidation Loans is the First Step Towards a Best Deal

Though online loans brought in convenience to borrowers, trusting a particular lender for his services was made far more difficult



30 - Palace hails decline of RP's external debt burden

With the country's outstanding external debt down 3.8 percent at US$ 53.9 billion as of the end of last June from US$ 56 billion in June 2005, Malacañang said today that the debt yoke that had burdened all generations of Filipinos is finally lifting


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