Posts tagged: Recession

Giving Credit Where Credit is Due

"First in, last out" is a well-known term, and it may also be the right phrase to characterize this economic recovery. Even though the economy began to expand in mid-2009, the sector that led us into the mess—credit—has remained in recession. The conflagration of debt—soured mortgages, defaulted bank loans, Chapter 11 corporations, huge credit-card charge-offs, student loans, auto loans—drove ...

Ahead of the Bell: Consumer Credit

Consumer borrowing likely fell again in March, marking the 13th decrease in the past 14 months, and underscoring that the overall economy is still facing headwinds as it tries to emerge from a deep recession.

How to rent a home with bad credit

Your landlord might not care about your bad credit as much as you think. With the recession and high vacancy rates, these steps can help you persuade the manager to overlook your score and let you...

Employer credit checks can irk workers

Does having bad credit make you a bad worker? That's a pivotal question for some job hunters. Companies increasingly are asking prospective employees to submit to credit checks. Amid a brutal recession, people who racked up bills while they were unemployed or... Credit history - Employment - Business - Financial services - United States

Democrats,Republicans continue fight over financial reform

Senate Republicans claim the bill would over-regulate consumer credit and cost jobs, but the focus of Democrats is the banks whose near-collapse helped cause the recession.

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