Up until now, if you had a high credit score, you were given pretty much whatever credit card you wanted. With credit card defaults on the risre, banks are discovering that having a good credit score might not reveal all of the risk factors a potential borrower has. For that reason, banks are starting to [...]
Entries Tagged as 'Income'
High Credit Score? It’s Not Enough to Get a Credit Card
January 20th, 2010 · 2 Comments · Banking, Credit Cards, Mortgages
Tags: credit bureau·Credit Card Act·credit card application·credit card defaults·Credit Scores·Federal Reserve·Income·industry trends·job security·Nilson Report·smartmoney.com
Who Filed Bankruptcy in 2008?
November 12th, 2009 · No Comments · Bankruptcy
The year 2008 wasn’t exactly a banner year for the U.S. economy, but this is hardly news. While the bank and credit collapse happened what seemed like all at once, it had been simmering on the back burner for a while, also not news. For starters, the fact bankruptcy filings rose dramatically during [...]
Tags: 2008 figures·Age·Bankruptcy·Economic Crisis·Education·employement·filing bankruptcy·gender·Income·new bankruptcy laws
A Bankruptcy Checklist
May 20th, 2009 · No Comments · Bankruptcy
In today’s economic climate, more and more people are turning to bankruptcy as a solution to their debt problems. Often consumers are ill-prepared to even begin the process. Some people may even file a bankruptcy when they don’t need to because they don’t understand the what they are getting into. Others [...]
Tags: Allowable Expenses·Alternatives to Bankruptcy.·Attorneys·Bankruptcy·Chapter 13·Chapter 7·Consumer Debt·debt counseling·Debt Problems·Income·Means Test
