Business Credit Scoring 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.
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');
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.
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.
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.
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
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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