Could The Credit Crunch Be A Good Thing For Us?
Good vs. Evil Today’s post was sparked by two sides of a very interesting debate that was a battle of good versus evil, in the context of credit scores. A New York Times article, entitled “Credit Score Is The Tyrant”, argues that relying on credit scores to determine creditworthy borrowers is flawed, and on top [...]
So much for the IMF
?”(There is) a growing recognition that the dispersion of credit risks to a broader and more diverse group of investors…has helped make the banking and wider financial system more resilient. The Read more…
American Express For Fair Credit?
Q: Is there an American Express for fair credit scores? I know Amex is a lot pickier than other credit cards and my credit is only fair because I have a couple past blemishes. Do you think there’s any chance of me getting approved for an American Express card? A: Thanks for your email Julie. [...]
Business Credit Cards Easy to Get, But Won’t Help Economy
We’ve heard how difficult it is for small businesses to secure bank loans, a new Fed report says that banks have been very willing to issue small business credit cards. About 75 percent of applicants in 2009 were approved for small business credit cards, according to the report . Even among businesses considered high-risk, 72 [...]
Get More With Your Plastic ~ Check Out These Credit Card Bonuses
_______________________________________________________ Citi Forward Card Freebie: Get a $200 gift certificate to Restaurant.com when you apply for the Citi Forward card and make $100 in purchases by September 15. Rewards Program: Another freebie! – Get up to 2,500 bonus points when you sign up for Paperless Statements. Also, earn 5x ThankYou points for every $1 spent [...]