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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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HOME :: RESEARCH :: DEBT :: NEWS:: JUN 2007

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-';

--Senior unsecured bank credit facility to 'BBB' from 'BBB-';

--Senior unsecured debt to 'BBB' from 'BBB-';

--Short-term IDR to 'F2' from 'F3';

--Commercial paper rating to 'F2' from 'F3'.

The Rating Outlook is Stable. Approximately $650 million of debt, including the $400 million undrawn credit facility, is affected by Fitch's action.

The ratings and Rating Outlook reflect Convergys':

--Strong credit protection measures;

--Solid liquidity, supported by a sizeable cash position and increasing free cash flow;

--Recurring revenue provided by long-term customer care contracts and billing software licenses, both of which also have significant switching costs;

read entire article on Insurance Newsnet

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