652 Credit Score And Qualify And Program And Mortgage News:
Talking Economy and Crunching Credit with Mark Zandi (Nightly Business Report)
Friday we are going to get a terrible unemployment report. Dr. Mark M. Zandi, the chief economist and cofounder of Moody’s Economy.com, says we may have to get used to it. I spoke with Zandi about the economy, specifically how the credit crunch is playing out. Here's the video clip (you need Flash installed to watch): _pap_embed_43_small('nbre07s1bd0q5d3');
Sonora Police Department Cracks Identity Theft Case (MyMotherLode.com)
Sonora, CA -- A 42-year-old Sonora man has been arrested following a three week identity theft investigation. A Concord man recently began receiving phone calls from credit card companies attempting to confirm that he had applied for lines of credit over the internet.
AADMO to Hold Workgroups to Develop Standardized Documents, Disclosures and Contract Provisions for Credit Counseling Agencies
The American Association of Debt Management Organizations (AADMO), the credit counseling industry's largest trade association, will convene workgroups to develop standardized documents, disclosures and contract provisions for the credit counseling industry. (PRWeb Jan 8, 2009)
Read the full story at http://www.prweb.com/releases/2009/01/prweb1831244.htm
Working Triage In The Credit Crisis (KDKA Pittsburgh)
The recession gets the credit for lower oil prices - and for more Americans falling behind on their loan payments. A new report says that, in the third quarter of last year, nearly 3 percent of loans were at least 30 days late - the most since they started keeping track 28 years ago. CBS News business correspondent Anthony Mason reports.
Ask whether bank pulls credit reports (Bankrate.com via Yahoo! Finance)
Before opening a new savings account, ask whether or not the bank will pull your credit report.
Freight Factoring Now In High Demand During Credit Crisis
Freight factoring is offered by Phoenix Capital Group to trucking companies who need help during the national credit crisis. Freight bill factoring allows companies to increase cash flow without borrowing. (PRWeb Jan 8, 2009)
Read the full story at http://www.prweb.com/releases/2009Freight/1Factoring/prweb1832814.htm
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.
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