Credit fears spark fresh action
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The European Central Bank boosts liquidity in the banking system again after warning of fresh volatility in the markets.
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A pending change to a popular credit scoring system is about to make it much harder for people to polish their credit by riding the coattails of someone else's good payment record.
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Its latest break from creditors is more like a broken record.
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Rising interest rates and a reliance on credit were blamed Friday for an increased number of British personal bankruptcies in the latest quarter.
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A slew of private equity deals already under financing pressure from the credit crunch now face added concerns over a potential recession.
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What a surprise -- credit card issuers aren't exactly playing nice.
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Welcome to the dawn of a new credit cycle, with tighter bank lending, rising costs for riskier borrowers and a slowing economy.
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In the next few weeks, consumers will start getting notices from banks and other financial institutions about checking account changes.
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Major banks and mortgage companies yesterday sharply accelerated an industry consolidation that is set to change the landscape of American lending, while a convergence of events exposed fresh worries about the U.S. economy.
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A slew of private equity deals already  under financing pressure from the credit crunch now face added  concerns over a potential recession.
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Big banks try to gird for crises as a  matter of course and investors will soon learn how prepared  they were for this summer&#39;s credit crunch.
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As subprime borrowers began to default on their mortgages in rapidly growing numbers this year, credit card issuers increased their efforts to sign up such customers with tarnished financial histories, according to a market research firm.
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Banks that produce complex and illiquid derivative products that have been at the heart of the credit squeeze might be forced to provide more information about their products on public stock exchanges.
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When it comes to credit card abuse, your wallet may not be the only victim.
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Sky-high interest rates on credit  cards can make a mountain of debt seem insurmountable.  Eventually for some, it is.
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People taking out home mortgages may gain new protections soon against shady lending practices as the Federal Reserve seeks to back even the riskiest borrowers, already hit hardest by the housing and credit crunches.
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Borrowers should be wary of programs that play off their fears of losing their homes when mortgage rates reset to significantly higher levels.