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  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
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  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.

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Debt Research News - June, 2007















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

Credit Research News - June, 2007



Bill Consolidation Loans - Quick Debt Elimination

Although there is no way to eliminate debts overnight, you can manage debt in a way that offers quicker repayment.



Telecommunication Systems Refinances March 2006 Debt

Amended Bank Agreement Enables Early Retirement Of Notes; Accretive To Net Income By Approximately $450,000 Per Quarter Starting Q3 07



Waste Services Announces Exchange of Assets

Waste Services acquires WCA Ft. Myers transfer station, a WCA collection business operating in Southwest Florida



United Airlines Refinances Approximately $1 Billion in Debt, Reducing Annual Financing Expenses

United Airlines, the primary subsidiary of UAL Corporation , announced today that it has refinanced approximately $1 billion



LA court erases $168,000 child support debt after paternity test

A court erased 13 years of mandated child support debt - an estimated $168,000 - accumulated by a man falsely named the father of a child.



FairPoint Exec Dismisses Debt Concerns

A FairPoint Communications executive on Thursday brushed aside concerns about the company's debt load if its purchase of Verizon's phone assets



S&P Changes Jo-Ann Outlook to Stable

Credit-ratings agency Standard & Poor's Ratings Services on Thursday revised its debt ratings outlook on apparel retailer Jo-Ann Stores Inc. to stable from negative.



Saranac Lake officials considering dissolving village gov't

Saranac Lake officials plan to look at the issue of whether dissolving the village government would be a benefit to taxpayers.



Kroger outlook upped to positive on same-store sales growth, lower debt - S&P

Standard & Poor's Ratings Services said it has revised its outlook on US-based Kroger Co to positive from stable, reflecting continued same-store sales growth and lower debt levels.



Over her head in debt, a woman climbs out and helps others

Finding yourself mired in debt isn't something that happens to just one type of person. We often think of spendthrifts and shopaholics as the only people who let their credit get ahead of their earnings.



Lane Berry Advises triVIN on Its Sale to American Capital Strategies Ltd.

Lane, Berry & Co. International, LLC announced today that it served as exclusive financial adviser to triVIN, Inc. with respect to its sale to American Capital Strategies Ltd.



S&P Puts Huntsman, Basell on CreditWatch

Standard & Poor's Ratings Services said Tuesday it has placed the ratings for chemicals companies Basell AF SCA and Huntsman Corp. on negative CreditWatch



Understand Debt Consolidation Quotes For A Wise Choice

Does your indiscriminate spending have you into a debt trap? Break free with the help of a debt consolidation company.



Free Online Debt Consolidation – Dealing With Multiple Debts

Free online debt consolidation is the best way to make your debt burden a little less difficult to handle. Most people, when struck by rising debts, do not know where to look for help.



Montana Better Business Bureau, Department of Justice Warn of Debt Collection Scam

The Montana Attorney General's Office and the Better Business Bureau of Eastern Washington, North Idaho and Montana today warned Montana businesses about a couple of bogus "debt collection" scams.



Syniverse details $489 million debt offering

Syniverse Technologies said it would pay for a pending acquisition through senior secured credit facilities.



Knee deep in debt?

Having trouble paying your bills? Getting notices from creditors? Are your accounts being turned over to debt collectors?



County budget includes service on $338.5M debt

Rutherford County’s demand to educate students and provide services in a fast-growth county resulted in debt amounting to $338.5 million to be serviced this fiscal year.



Breaking the cycle: County leaders look to end pattern of debt

The Pike County Commission will face an all-too-familiar vote on Monday.



Water, sewer services expected to increase

Residents in Clive may see a rise in rates of 61/2 and 6 percent, respectively, if the Council passes the proposal.



Check out debt-help service

“BBB Tips” is a consumer advice column written by the Better Business Bureau of Northern Indiana . It appears twice a month in Business Monday.



Options available for managing student debt

Four or five years of homework assignments, late nights, exams and parties have come to an end.



With the right approach, paying for college can be less of a burden

It's no secret that higher education costs are on the rise. Over the last two decades, the price of attending two- and four-year public and private colleges



Homeless shelter cuts debt in half

Even with financial changes, it might not be enough to save the southeast Newport News facility.



Thomson Learning Shows `Breaking Point' for Junk Debt

U.S. high-yield debt investors, after snapping up a record $600 billion in new loans and bonds this year, are starting to push back.



Finding Help To Get Out Of Debt

For many credit card holders, credit card debt can put a damper on what would have been a quick fix to financial woes.



Carlton Advisory Has $2B in Recent Loans

Carlton Advisory Services had conducted over $2 billion in debt and equity transactions over the past few weeks.



OPM to move on Financial Management LOB competition

The Office of Personnel Management will proceed in July with its stalled plans to acquire a single integrated accounting and procurement system



Garden CityBudget News By Roy S. Ryniker

The Village's budget for the current fiscal year is $53.7 million.



Edwards Aims to Cut Middle Class Debt

EDWARDS TO UNVEIL PLAN TO REDUCE DEBT FOR FAMILIES AS PART OF HIS PLAN TO BUILD ONE AMERICA



American Capital Provides Details of $10 Million of Total Net Portfolio Realized Gains

American Capital Strategies Ltd. announced today the details of its $10 million of total net realized gains from the disposition of portfolio investments



Newspapers Reduce Bad Debt by Using Credit.net™ Business Credit Reports

Having quality business credit reports at your fingertips when you need it is a critical factor in reducing bad debt. Credit.net™, a service of infoUSA® (NASDAQ:IUSA



Be Careful Choosing Debt Adjuster/Counselor

Americans love to spend money they don't have. Debt may be a way of life, but we've been taking on more of it since 1990.



Cerberus hires financial services chief

Cerberus Capital Management has recruited a veteran Bank of America executive to run its financial services division, as buyouts in the sector have tripled since last year.



BC Partners to Acquire Majority of Intelsat

Intelsat, Ltd. ("Intelsat" or the "Company"), the world's leading provider of fixed satellite services, today announced the signing of a definitive agreement



Yahoo To Strive For Bigger Mobile Presence; To Unveil Deals In Key Markets

Sunnyvale, Calif.-based, Internet company Yahoo Inc. (YHOO) said it would launch a superior version of its suite of software for cell phone users in the United States on Friday



Governor Signs into Law Consumer Protections on Financial Services

Caps landmark session for consumer reforms to protect working Oregonians.



New chief puts an emphasis on mobile services

One of the perks of being the chief executive of the world's largest telecommunications company is an early chance to use the iPhone, Apple's much anticipated mobile phone.



Macquarie Infrastructure Company To Acquire FBO Operator at San Jose International Airport

Macquarie Infrastructure Company , a market leader in the ownership and operation of infrastructure businesses in the U.S., has entered into a definitive agreement



Smithfield Foods' 'BB+' corporate credit rating affirmed - S&P

Standard & Poor's Ratings Services said it has affirmed its 'BB+' corporate credit rating and other ratings



The takeover boom is about to go bust, due to unsustainable debt

To understand why there's a credit bubble, how it's inflating the price of stocks and what it will mean for you when it bursts



Despite loan, debt to persist in district

A $15 million loan from the state helped the city school district balance its budget this year, but the debt remains and will continue to grow, according to a financial five-year forecast.



Christian Debt Consolidation Services – Improve Your Financial Health

Christian debt consolidation services help people to learn to curtail spending, reduce debts and control money through negotiation and advice.



Sage Credit Company Expands Services Through Sage Credit Escrow Company

Sage Credit Company, Inc. announced that it was providing increasingly expanded services for the mortgage community through its affiliation with Sage Credit Escrow Company.



Opinion: Redding's growth brings financial challenges

New people and businesses moving into an area impact a community in numerous ways, especially the city's pocketbook.



It's Official: The Crash of the U.S. Economy has begun

The crash of the U.S. economy has begun.



S&P Cuts Bowater's Credit Ratings

Standard & Poor's Ratings Services on Friday lowered its credit ratings for Bowater Inc., saying difficult newsprint conditions could undermine net income and cash flow.



Moody's Reviews Conmach for Downgrade

Moody's Investors Service on Friday put the credit ratings of Coinmach Services Corp. under review for a possible downgrade



Renovating Homes and Resident Services are Focus of Freddie Mac Foundation $5 Million Investment

Freddie Mac and the Freddie Mac Foundation will continue their Katrina relief efforts by committing a combined $5 million to New Orleans



S&P Lowers Penn National Gaming Rating

Standard & Poor's Ratings Services lowered its corporate credit rating on Penn National Gaming Inc. to "BB-" from "BB"



Global defaults stay below average for 40th month

Global debt default rates have stayed below the historic average for the 40th consecutive month



Intelsat's Triple-Flip Is Anchored on Debt

Washington's own Intelsat, the world's biggest and most respected satellite operator, is on the auction block again.



FTC Chairman Testifies Before U.S. House Financial Services Committee on Law Enforcement

Federal Trade Commission Chairman Deborah Platt Majoras today presented testimony before the U.S. House Financial Services Committee on the FTC’s efforts to combat unfair, deceptive, and other illegal practices in the consumer financial services industry.



Dominion Announces Debt Tender Offer

As part of its previously announced plan to use proceeds from the pending sales of its oil and natural gas exploration and production (E&P) assets



Patriot Capital Funding Management to Present at Jefferies Financial Services Conference on June 20t

Patriot Capital Funding, Inc. (NasdaqGS: PCAP), a specialty finance company providing flexible financing solutions



Clash in Struthers over fee's removal

Tensions ran high during Wednesday's city council meeting, as Mayor Dan Mamula



Fitch Upgrades Convergys' IDR to 'BBB' from 'BBB-'; Outlook Stable

Fitch Ratings has upgraded Convergys Corp.'s (Convergys) ratings as follows: Long-term Issuer Default Rating (IDR) to 'BBB' from 'BBB-';



Fitch Rates El Paso, Texas' $210MM GO Pension Bonds 'AA-'; Outlook Stable

Fitch assigns its 'AA-' rating to El Paso (the city), Texas' $100 million taxable general obligation pension bonds (GOs), series 2007 and $110 million taxable GO pension bonds, series 2007A.



Elitel Telecom says in talks to restructure debt

Elitel Telecom SpA said it is in talks with certain creditors to achieve a major restructuring of its debt ...



Capitola budget will provide same level of services

Though city leaders scrambled to scrape up $1 million dollars this year to help cover the $6 million



Delhaize Group Announces Early Tender Results and Pricing for Delhaize America Debt Tender Offer

Delhaize Group (Euronext Brussels: DELB, NYSE: DEG), the Belgian international food retailer, announced today that its subsidiary Delhaize America, Inc.



Petroleum Geo ratings affirmed on debt refinancing, dividend news - S&P

Standard & Poor's Ratings Services said it has affirmed its 'BB-' corporate credit rating on Petroleum Geo-Services ASA (PGS)



S&P Upgrades TTM Outlook on Lower Debt

Standard & Poor's Ratings Services said Tuesday it upgraded its outlook on printed circuit board maker TTM Technologies Inc.



Kennedy Covington Further Expands Financial Services Team

Kennedy Covington, one of the largest law firms in the Southeast, is strengthening its commitment to its financial services clients



Terremark Announces $250 Million in Debt Financing

Credit Suisse Securities (USA) LLC and Tennenbaum Capital Partners issue commitments to provide a $150 million first lien term loan and a $100 million second lien term loan, respectively.



Alternate bonds could lower village debt

The village of Glen Carbon could lower its debt by an estimated $1.8 million if it issues alternate revenue bonds to pay off the obligation to a developer in TIF 1



S&P boosts California bond outlook to positive

Standard and Poor's Ratings Services raised on Monday its rating outlook on California's general obligation debt to positive from stable, citing the state's improved finances.



The Bank of New York Completes Europe, Middle East and Africa (EMEA) Phase of Global Corporate Trust

The Bank of New York has successfully completed the conversion of the Europe, Middle East and Africa (EMEA) business segments



Medallion Financial Corp. Announces Debt Private Placement

Medallion Financial Corp. (NASDAQ:TAXI), a specialty finance company with a leading position servicing the taxicab industry



InSight Takes Stock-for-Debt Plan to Bankruptcy Court

InSight Health Services Holdings Corp., a Lake Forest-based provider of medical scanning services that’s seeking to trade most of its shares



CRM Vendor ReachForce Secures Additional Debt Financing

ReachForce, Inc. a vendor of OnDemand Data Services, has announced that it has secured $1 million in debt financing from Silicon Valley Bank



Are Consumers Kicking the Credit Card Habit?

Could it be that consumers are whittling away at their credit card debt?



Will the Money Come in Time?

"Summertime has always been a slow time. Turnaround on checks have been slow, notoriously in July."



MyMobiSafe.com Technology Startup Debt No Problem Here

Atlanta, GA, USA. MyMobiSafe, LLC: America’s hottest growing mobile security startup MyMobiSafe.com confirms that they have the path to profitability is at their fingertips.



Too Young To Handle A Debt So Heavy

When Polonius in Shakespeare's play "Hamlet" said, "Neither a borrower nor a lender be," he was a fortunate man.



Campbell: Kingsport using debt to invest in future

Over the past fiscal year, Kingsport's total debt increased nearly $20 million with the money earmarked for a variety of projects, including a new elementary school,



Risk management cuts into debt rating

Bank of Montreal, Canada's fourth-largest bank and the parent of Chicago's Harris Bank, had its credit rating cut by Standard & Poor's Rating Services because of weak risk management



Fitch Rates State of California's $2.5B GOs 'A+'

Fitch Ratings assigns an 'A+' rating to $2.5 billion in State of California various purpose general obligation (GO) bonds



NaviSite Closes $100 million Senior Secured Debt Financing

NaviSite Completes Transaction for $90 Million Term Loan and $10 Million Revolving Credit Facility



Standard & Poor's Raises Saint Corporation's Debt Ratings

Standard & Poor's (S&P) announced yesterday that it had raised the bank loan ratings of Saint Corporation's First Lien Term Loan B debt and Revolving Credit Facility to "BB-" from "B+"



BlackWatch Energy Services Trust (TSX:BWT.UN) ("BlackWatch" or the "Trust") Provides an Information

BlackWatch (TSX:BWT.UN) wishes to provide an update on its financial condition, and various strategic and financing initiatives.



FTC Charges Company With Financing Fraudulent Telecom Services Scheme

In the wake of the NorVergence Inc. telecommunications fraud case won by the Federal Trade Commission in 2005, the agency has charged a company with violating federal law



New law effects some big changes

When first introduced, Assembly Bill 127 looked to those in the debt collection industry like a dagger pointed at the heart of their business.



Nixon Sues Illinois Finance Company for Fraudulent Debt Collection

An Illinois finance company is trying to collect more than $1 million in fraudulent debt from at least 40 Missouri small businesses and non-profits



Prime Healthcare Services Offers to Acquire Valley Health System

Prime Healthcare Services, Inc. (PHS) has made a definitive offer to acquire all of the assets of Valley Health System, a California Healthcare District, including its three hospitals



S&P Raises Qwest's Credit Rating

Standard & Poor's Ratings Services said Thursday it raised a debt rating for a division of Qwest Communications to investment grade from junk status



A.M. Best Places Some Ratings of Kingsway Financial Services Inc. Under Review

A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of "a-" of Lincoln General Insurance Company



Baldor Sells Power Services Business

Baldor Electric Co. said Wednesday it had sold its Reliance Electric power services business and would use the proceeds to reduce its debt.



Texas Attorney General Abbott Seeks Relief for Businesses Plagued by Debt Collector

IFC Credit Corp. attempted to collect debts incurred under false pretenses



Credit Card Debt Management – You Can Avoid The Crisis

Prevention they say is better than cure and credit card debt management is the way to prevent you from becoming a financial ruin.



Texas Sues NorVergence Debt Collector

Texas Attorney General Greg Abbott today asked a Harris County District Court to prevent IFC Credit Corp., an Illinois finance company, from attempting to recover



Mavrix announces $6 million debt financing

Mavrix Fund Management Inc. announced today that it has signed a commitment letter for the issuance of $6 million of debenture



Do you require debt relief?

There are many ways that debt relief may be translated. These include debt management, credit counseling and many others



Fitch Affirms Mid-Florida Medical Services' $73MM Revs 'BBB'; Outlook Stable

Fitch affirms the underlying 'BBB' rating on approximately $73 million of Polk County Industrial Development Authority revenue bonds (Winter Haven Hospital-Project) issued on behalf of Mid-Florida Medical Services (MFMS)



Lucent Technology senior unsecured debt ratings raised to 'BB-' - S&P

Standard & Poor's Ratings Services said it has raised its long-term debt ratings to 'BB-' from 'B+' on the US dollar Series A and B senior unsecured debt of Lucent Technologies Inc



Dealing with Debt the Modern Way

Escalating personal debt is one of the biggest concerns Americans face when it comes to their financial welfare, studies show.



Avoid Wedding Woes by Creating a Wedding Budget Free Wedding Budget Planner and Advice

The average wedding today costs upwards of $25,000. If a couple pays for most of their wedding expenses with credit cards and loans, they might be still paying it off when they celebrate their 10th wedding anniversary.



Roberts Is Not Eager to Take on Debt

Comcast Chief: No Big Stock Buyback Needed; Triple Play Picking Up



Murdock Village: Follow the money

Where the expenses are and what they're expected to become in the near future for Murdock Village.



Groves signals shift to debt

ABC Learning Centres, the world's largest publicly traded child-care provider, may buy more companies in the US funded with debt, chief executive Eddy Groves said.



Why families should shop for funeral services

With expenses averaging $6,500, funerals can be among most expensive purchases



Good Question: Tips for reducing credit card debt

Q: My husband was out of work for a couple of months and we used our credit cards to make up for the loss in income.



B-CS school districts look to trim property tax rates

Despite a growing property tax base, Bryan and College Station school administrators said they won't see more funding this year because of a state law requiring the districts to drop the tax rate.



Govt admits State has heavy debt

Agriculture, infrastructure development, education and improvement of health services are the focus of the 2007-08 Budget which projected a revenue surplus of Rs 1,045.76 cr for the first time.



Water plant woes again

A petition signed by more than 300 residents is circulating city hall with an uncertain fate.Once again, it's the city's 35-year-old water treatment plant that's at stake.



Fitch Affirms Presbyterian Healthcare Services' (New Mexico) $365MM Revs at 'AA-'; Outlook Stable

Fitch Ratings affirms the underlying 'AA-' rating on approximately $365 million of hospital revenue bonds issued on behalf of Presbyterian Healthcare Services (PHS), New Mexico. The Rating Outlook is Stable.



Fitch Rates $102MM Buckner Retirement Services (Texas) 2007 Revs A ; . Upgrades Outstanding Revs

Upgrades Outstanding Revs 01/06/2007 19:25:00 Business Wire Fitch Ratings assigns an A rating on the approximately $102 million Tarrant County Cultural Education Facilities Finance Corp., Texas revenue bonds, series 2007.



Folsom debt rating improves

Standard & Poor's Rating Service has upgraded its ratings on the city of Folsom's general obligation debt one notch, from A-plus to AA-minus.



Mayor predicts tax increase

Mayor Edward M. Lambert Jr. proposed a $218.5 million budget Thursday. The financial plan - a $7 million increase over the current budget - reflects modest boosts in school and public safety spending


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