Monthly Archives: November 2011

Stop Repeating Financial Mistakes That Lead to Debt Problems

They say history is prone to repeating itself and if consumers are not careful, the cycle of debt will continue on for years to come. So too will low credit scores be a consistent part of your financial life. In … Continue reading

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Nice guys have lower credit scores, study says

LUBBOCK, TX (KCBD) – A credit counseling company quotes Texas Tech and other universities as saying a bad attitude can lead to a better credit score. The company GetCreditRepair.org says the research was done at Tech, Louisiana State University, and … Continue reading

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Community Column: Why you need good credit

In this series of columns we will discuss many facets of credit: Why you need good credit, how to improve or establish a good credit profile, understanding lending and loans, loans to avoid, choosing a credit card, recovering from financial … Continue reading

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US stock market daily report (November 28, 2011, Monday)

By Millennium Traders The New York Fed reported in its quarterly survey that consumer debt declined slightly during Q3 as Americans continued to deleverage in the wake of the housing crisis. Aggregate consumer debt slipped 0.6% or $60 billion to … Continue reading

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Four credit score myths

Among them: Myth: Employers look at your credit score. Employers will peek at your credit report, particularly if youre applying for a job in which youll be handling lots of money. But not your score. Myth: Carrying a credit card … Continue reading

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why isn’t your credit score higher?

Are the very best credit scores reserved only for the extremely wealthy? she asked recently in an email. Its a question that often crosses consumers minds, particularly the most careful users of credit. They make all the right moves, such … Continue reading

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Students to get some cents knocked into them

A penny for your thoughts? Making Financial Cents is a program through the Drayton Valley Family and Community Support Services (FCSS) that is now being incorporated into senior high schools. The program is intended to provide students with financial life … Continue reading

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Afternoon Market Updates

Mortgage balances on consumer credit reports fell by approximately $114 billion or 1.3 percent over the third quarter while home equity lines of credit balances increased by roughly $14 billion or 2.3 percent. Non-real estate indebtedness now stands at $2.62 … Continue reading

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Consumers Pare Back Debt, NY Fed Reports

By Michael S. Derby Consumers continued to cut debt levels in the third quarter, largely as they pulled back from the housing market again, the Federal Reserve Bank of New York reported Monday. For the most recent quarter, overall debt … Continue reading

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The WorkPlace and Citi Community Development to Expand Platform to Employment …

STAMFORD, Conn., Nov 28, 2011 (BUSINESS WIRE) – Today, The WorkPlace and Citi Community Development announced a new collaboration to expand the successful Platform to Employment (P2E) program by providing those experiencing long-term unemployment with financial counseling and credit rebuilding … Continue reading

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