Loans for people with bad credit
*The mother of talk show host Oprah Winfrey says she shouldn’t have to pay her $156,000 debt at a high-end boutique because she shouldn’t have been extended credit there in the first place.
Stocks nosedive on bad economic news, tight credit (Arizona Daily Star)
NEW YORK Wall Street plunged again and credit markets remained tight today after declining factory orders and a seven-year high in jobless claims stoked fears that the government’s financial rescue plan might not be enough to ward off a recession. The Dow Jones industrials fell nearly 350 points.
Credit tightens in Midlands (The State)
Businesses and shoppers find it harder to get loans Mark Lambright, owner of Make It New in Columbia, could use a small business loan to help his furniture refinishing business make it through hard times. But he declared bankruptcy in the mid-1990s and can t find a bank willing to give him a line of credit to buy fabrics and paints. There s not a lot of room for the average person, Lambright …
Stocks Fall Sharply On Economic Data, Deep Credit Freeze (Investor’s Business Daily via Yahoo! News)
Stocks plunged Thursday as a new wave of weak economic data and frozen credit markets put more pressure on Congress to pass the $700 billion financial rescue plan.
Tighter credit begins to hit manufacturing, jobs (AP via Yahoo! News)
There’s no need to explain to Al Lubrano how deeply tight credit has wounded the economy.
Tight credit becomes problem for small-business owners (USA Today)
As lawmakers debate the proposed financial bailout bill, small-business owners who are especially vulnerable to financial meltdowns face even tighter credit than usual.
