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It's also discouraging that a possible sale of the credit unit won't occur under his guidance, given his knowledge of the business, Grom said. The delay in selling the receivables might be a blessing in disguise because it will help reduce ...
I own a business that experienced cash-flow difficulties over the past few years. In order to keep it afloat, I incurred significant credit card debt. My company has now returned to profitability and is generating positive cash flow. My question ...
Asking your credit card issuer for a lower interest rate may affect your credit score in some cases. Such a request could prompt the credit card provider to review the customer's credit history as part of their approval process, Rod Griffin ...
Bank of America Corp. Bank of America Corp. Latest from The Business Journals Bank of America Plaza and the "Bad Boy" Guaranty FDIC to require large banks to submit failure plans FDIC to require large banks to submit failure plans Follow this company said ...
"Led by the mortgage markets, the second half of 2011 saw a slight reversal of the two-year downward trend in consumer credit default rates," says David M. Blitzer, a Managing Director at S&P Indices." First mortgage default rates moved slightly higher ...
SAN MATEO, Calif.--(BUSINESS WIRE)-- Keynote Competitive Research, the industry analysis group of Keynote® Systems (Nasdaq:KEYN - News), today announced the results of the new Keynote Competitive Research Industry Study examining the business ...
(Updates with comment from Credit Karma CEO about credit scores in first paragraph ... Mayank Maheshwari, 26, a business analyst who lives in Jersey City, New Jersey, said his FICO score is 780 and he's still trying to get it higher.
If your 2011 financial history involved a string of late payments, dealing with foreclosure, or having accounts go to collections, your credit score probably took a beating. Still, it is possible to restore your credit if you're willing to make ...
But the cards often lack consumer protections and thus, they can hurt or destroy your credit score. Indeed, critics say lenders are turning to small-business cards because they have fewer consumer protections. Small-business credit cards were ...
Lenders are courting small-business owners like you with growing numbers of new credit cards and generous rewards programs. And it's easy to see why. About 42% of small-business owners carry a credit-card balance, according to July 2011 data ...