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Credit Rating Explanation News:

New report reveals massive debts in La Liga (Sports Illustrated)
Clubs in Spain have never been shy of flashing their plastic cards over the years but, according to a report published on Wednesday, most of those doing the spending have exceeded their credit limits.
 
Solicitors Use the Web to Boost Sales During Crunch

With the credit crunch continuing to impact businesses across the globe, legal draftsmen are being given a golden opportunity to gain valuable additional income as well as demonstrate their specialist knowledge by selling their documents through leading online legal document provider Net Lawman. (PRWeb Jan 5, 2009)

Read the full story at http://www.prweb.com/releases/2009/01/prweb1818434.htm

 
Credit Suisse Urged Clients To Withdraw Madoff Cash: Report (Fox News)
Credit Suisse Urged Clients To Withdraw Madoff Cash: Report
 
U.S. consumer credit worsens in December: Fitch (The Forex Market)
NEW YORK, Jan 7 (Reuters) - U.S. consumer credit deteriorated in December as credit card defaults rose and cardholder payment rates suffered the largest one month drop on records hurt by a deepening recession, Fitch Ratings said in a report on Wednesday.
 
'Soft inquiry' won't hurt credit score (Bankrate.com via Yahoo! Finance)
Creditors who look at your credit report do not see soft inquiries, which do not damage your FICO score.
 
A sample letter to correct credit report mistakes (Fort Worth Star-Telegram)
Here's a sample letter suggested by the Federal Trade Commission for resolving errors on your credit report.
 
Texans CEO resigning; credit union to report first loss (Dallas Morning News)
The president and chief executive of Texans Credit Union announced his resignation Tuesday and said the Richardson-based credit union would post its first loss in its 55 years.
 
Hong Kong Property Market Has 20% Downside, Credit Suisse Says (Bloomberg)
Jan. 7 (Bloomberg) -- Hong Kong residential property prices may fall by about a fifth in the first half of this year, taking the decline from their peak last year to 41 percent, Credit Suisse analysts wrote in a report.
 

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