Daily credit repair news

Accord pulls out of credit repair market - FT Adviser

Posted:

Accord, the intermediary lending subsidiary of Yorkshire Building Society (YBS), has announced it is withdrawing from the credit repair market. ...

US STOCKS-Wall St falls on credit woes, recession worry - Reuters

Posted:

By Ellis Mnyandu NEW YORK, Oct 1 (Reuters) - US stocks fell on Wednesday as signs of continued strains in the credit markets and labor market weakness kept ...

Unusual ways to improve credit (NBC 2 Fort Myers)

Posted: 02 Oct 2008 05:42 PM CDT

Banks are keeping a closer eye on their cash right now. That means if you're looking for a loan, having a strong credit score is more important than ever. To improve yours, it might take looking in places you wouldn't expect.

September’s Credit Manager’s Index: Economic Contraction Now A Reality (CattleNetwork.com)

Posted: 02 Oct 2008 10:07 AM CDT

When credit managers sent their responses in this month, they also sent along a message: "Welcome to the recession." The seasonally adjusted Credit Manager's Index (CMI) plummeted a record 3.3% to reach a historic low of 47.4, clearly indicating economic contraction.

Merchants hope credit crisis won't affect them (The Tuscaloosa News)

Posted: 02 Oct 2008 03:40 AM CDT

In print ads and television commercials, Mike Spiller reminds customers that "credit, credit, credit" is available to them at his chain of furniture stores. Despite a growing national credit crisis, that's still the case.

Gasping Bank System Puts Credit in Doubt (Engineering News-Record)

Posted: 02 Oct 2008 11:25 AM CDT

The swift deterioration of the U.S. banking system is threatening to restrict funds needed at every step of the construction industry's life cycle, with participants putting the brakes on everything from casino jobs and privatized bridge-repair projects to company buyouts and executive retirements.

Storms, economy batter utilities (Fort Wayne Journal Gazette)

Posted: 02 Oct 2008 05:11 AM CDT

COLUMBUS, Ohio – Hurricanes Gustav and Ike, and the biggest credit storm since the Great Depression, have created a rocky summer for some of the nation's largest utilities and power generators. Photo caption: Workers repair lines damaged by Hurricane Ike in Beaumont, Texas. Hurricane Gustav damage and the credit crisis also added to power companies' woes. Photo by Associated Press