Encouraging signs in a credit crunch
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Better yields on Treasury bills and a lack of 'blowups' recently give investors encouragement.
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Keep an eye on your credit card issuers -- they may be about to raise your rates.
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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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Even when experts were declaring the economy healthy, many Americans voiced a vague, but persistent dissatisfaction. True, jobs were relatively plentiful over the last few years. It was easy to borrow and very cheap. The sharp rise in the value of homes and plentiful credit cards encouraged a nation of consumers to get out and buy. But to many people, something didn't feel right, even if they couldn't quite explain why.
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Lenders look at more than your credit rating. Down payments pay off.
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WASHINGTON -- A painful credit crunch is taking its worst toll on the already ailing housing market, while its impact on the rest of the national economy at least so far seems limited, the Federal Reserve reported Wednesday.
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NEW YORK - Strained by a tight credit market, the nation's economy should stumble along at a slower pace in coming months, but it may find help from lower interest rates and possible employment gains.
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UK, US, Swiss, Europeans and Canadians take unprecedented action to ease credit crisis
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Get a handle on what debt may mean for a prospective investment.
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Credit counseling agencies may soon be a thing of the past.
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Don't let the holiday madness slam your credit score.
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A few thoughts on the earnings warning.
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Wall Street's summer-long session of Hold 'Em is driving the credit crunch. Time to end the game.
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Creditors put more pressure on debt-soaked borrowers.
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The latest quarter showed some encouraging signs, but it may be awhile before investors see results.
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Longtime viewers of my television program know that I've been banging the recession drum for a while now, but the truth is that an economy as large and complex as ours doesn't just collapse overnight. It happens slowly and methodically, with plenty of warning signs along the way.
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Wall Streetâs first reports since this summerâs credit storm revealed extensive damage, but better-than-expected earnings this week from four brokerage firms offered some comfort.