10.08.2008

Daily credit repair news

Daily credit repair news

Timely contest: lawyer offering free legal help to repair credit - WalletPop

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His contest, the "Back on Track Credit Repair Contest," is running throughout October, from the first to 31st. Anyone who wants to participate should send ...

Accord pulls out adverse lending sector - Introducer Today

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Yorkshire Building Society has confirmed that its intermediary lending subsidiary will no longer be offering credit repair mortgages. ...

London underwriter says credit squeeze will free up repair capacity - Lloyd's List

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GLOBAL financial shocks are providing a powerful argument for the advocates of a much sterner underwriting line, writes James Brewer. ...

Tight credit is menacing everyone — even state governments - Taipei Times

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... by the car dealer, auto shop repair owner and restauranteurs he had just met. "It's clear they're dealing with the effects of a credit crunch," he said. ...

Money scams don't slow down in bad economic times - Los Angeles Times

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Officials at the FTC, which has taken action against about 70 companies that promise credit repair, say they have yet to come across a legitimate business ...

DJ European Stocks Seen Falling Sharply; UK Govt Plan Eyed - Onet.pl

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"By the time (the European Central Bank) wakes up and smells the roses, the European economy is going to be beyond repair," says Oliver Stevens, ...

Credit Crisis: The Risk Hits Russia (BusinessWeek Online via Yahoo! News)

Posted: 08 Oct 2008 07:08 AM CDT

Take a stroll through central Moscow, and you'd be hard-pressed to find evidence of the global economic turmoil. Shiny new malls are packed with shoppers. The streets are filled with Mercedes, BMWs, and Land Rovers. On the Presnenskaya Embankment, overlooking the Moskva River, a half-dozen skyscrapers are nearing completion at the Moscow International Business Centre, a $12 billion development ...

Small US Businesses Feel Pinch of Tightened Credit (Voice of America)

Posted: 07 Oct 2008 05:31 PM CDT

As the U.S. Federal Reserve System announced measures to ease the credit crisis Tuesday, small business owners around the United States say the tight credit market is hurting them.

Paulson Says U.S. to Use All `Authorities' in Crisis (Update3) (Bloomberg)

Posted: 08 Oct 2008 06:58 PM CDT

Oct. 8 (Bloomberg) -- Treasury Secretary Henry Paulson said he's considering plans to pump capital into U.S. financial institutions and pledged to use everything under his power to stem the worst credit crisis since the Great Depression.

U.S. Economy: Pending Home Resales Rise 7.4% as Prices Drop (Bloomberg)

Posted: 08 Oct 2008 01:27 PM CDT

Oct. 8 (Bloomberg) -- More Americans than forecast signed contracts to purchase previously owned homes in August, a gain that may be wiped away by the worsening credit crunch.

Europe shares at 5-yr low on credit, economy fears (Reuters via Yahoo! Malaysia News)

Posted: 08 Oct 2008 04:47 AM CDT

* FTSEurofirst down 5.5 pct after hitting 5-year low

Proposal Could Eliminate Extra Credit for High School AP Courses (FOX 4 News Dallas - Fort Worth)

Posted: 08 Oct 2008 07:04 AM CDT

A state agency is considering standardizing the way Texas high schools calculate grade point averages, a proposal that critics contend would encourage students to avoid rigorous courses.

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