Bad credit loan approvals
US authorities have unveiled plans to inject billions of dollars into banks to ease a global credit crisis, as European economies showed signs of recession and a powerful global stock rally stalled.
Credit Card Companies Cracking Down On Bad Debt (CBS 2 Los Angeles)
The impact of ultra-tight credit markets is hitting your credit cards, and you might not even realize it. Behind the changes is the simple fact that lenders want to protect themselves from bad debt, so they’re tightening standards and practices in hopes of avoiding defaults by credit card users.
Credit Score Minimums Increase for Home Loans (WSPA Spartanburg)
If you re looking for your next house, it s time to buy. More homes are on the market and prices are falling. The market is good, but is your credit score good enough get one?
Government moves again to unclog credit lines (AP via Yahoo! News)
The government put itself four-square into the country’s banking business Tuesday, resorting to what President Bush conceded was the unwelcome choice of buying into the system to loosen paralyzed channels of credit.
Hospitals Fall Victim to Spreading Credit Crisis (New York Times)
The hospital industryis among those struggling with the credit scarcity that the federal government?s latest financial bailout plan is meant to alleviate.
California seeking short-term loan to get by (The Sacramento Bee)
State leaders Wednesday delayed immediate action to resolve California’s latest budget woes as they approached Wall Street with some trepidation seeking a short-term loan. Gov. Arnold Schwarzenegger and legislative leaders emerge from a Capitol meeting Wednesday to announce they will act quickly to deal with the state’s short-term needs.
