Posts Tagged With: More
NEW: Michigan poor families to pay more in taxes as corporate taxes fall
A report from The Morning Sun: By JERRY WOLFFE@jerrywolffe Changes in the Earned Income Tax Credit will cost poor families nearly $ 700 a year more in taxes, a study released Thursday said. The state’s poor will pay more taxes while tax rates for corporations in the state were sharply lowered, according to a study &hellip Continue reading
UCC Credit Union Bags More Money
A report from GhanaWeb: Business News of Monday, 12 March 2012 Source: Daily Guide Email this Share This Print This Comments (1) The University of Cape Coast (UCC) Credit Union has increased its asset base from GH¢5,200,000 to GH¢5,600,000, representing a 7.2 percent increase in eight months. The union also granted loans to the tune &hellip Continue reading
Got Bad Credit? Get Ready To Pay More For It
A report from www.CreditCards.org: According to a February 2012 report on FoxBusiness.com, the average consumer interest rate on credit cards is 16.88 percent. The bad news? If you have rotten credit, that average interest rate is going to be much higher—about 4.21 percentage points higher. Credit card interest rates in general have been on the &hellip Continue reading
Online Payday Loans Becoming More Popular During Recession?
A report from Muncie Free Press: Payday Loans Becoming More Popular in Troubled Economy? Bad Credit Short Term Payday Loan May be the Solution for Some INDIANAPOLIS, IN – While some are saying the recession is over and things are back on track, the fact is that many people are still having trouble making it &hellip Continue reading
Credit score: You’re more than just a number
Rejected for a credit card? Your credit score may not be the culprit. Unfortunately, your credit card issuer may just not be that into you. When you apply for a credit card deal, or ask your credit card issuer for better terms, and get rejected, the knee-jerk action is to blame the credit score, and &hellip Continue reading
Credit scores are poised to get more personal
Last Updated: October 24. 2011 1:00AM Mary Ellen Podmolik/ Chicago Tribune Chicago — Many consumers applying for a mortgage are going to start sharing more personal information with lenders next year, like it or not. FICO scores, the industry standard for determining credit risk in mortgages backed by Fannie Mae, Freddie Mac and the &hellip Continue reading
Lenders want more data with credit scores
Home » Real EstateLoading… Published: 10/18/2011 BY MARY ELLEN PODMOLIKCHICAGO TRIBUNE CHICAGO — Consumers applying for a mortgage are going to start sharing more personal data with lenders next year, like it or not. FICO scores, the industry standard for deciding credit risk in mortgages backed by Fannie Mae, Freddie Mac, and the Federal Housing &hellip Continue reading
Mortgage lenders poised to get more personal
Many consumers applying for a mortgage are going to start sharing more personal information with lenders next year, like it or not. FICO scores, the industry standard for determining credit risk in mortgages backed by Fannie Mae, Freddie Mac and the Federal Housing Administration, largely have been based on a person’s credit history. But in &hellip Continue reading
More about financial reform and personal credit scores
In 2011, creditors such as banks, thrifts, credit unions, home and auto lenders, and retailers are required by the federal Dodd-Frank Act to issue additional disclosures that include credit scores to consumers who apply for credit when that creditor utilizes a credit report and credit score in determining credit-worthiness of an applicant. Two main reasons &hellip Continue reading