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Financial company fourth-quarter earnings reports were a mixed bag, though banks continued to show improvements in credit quality. Bank of New York Mellon said on Wednesday that fourth-quarter earnings fell 26 percent after the world's No. 1 custody bank ...
REUTERS - Credit Suisse on Tuesday lowered its 2012 price forecasts for precious metals and grains, citing remarkably resilient global output and a slower pace of global growth. The brokerage lowered its price forecast for gold to $1,755 per ...
The federal government mandated that the three major credit reporting agencies must provide U.S. citizens with a free annual credit report. The problem is that many of them aren't really free, and it can difficult to tell the difference. There are three ...
Target Corp. (TGT), the second-largest U.S. discount retailer, suspended the planned sale of its credit card portfolio and agreed to pay JPMorgan Chase & Co. $2.8 billion to retire 2008 financing. Discussions with potential partners will be ...
Building a good credit score is a lot like building a good reputation: It takes years of work and consistency. "It's a tortoise and a hare kind of game," acknowledges Craig Watts, spokesman for Fair Isaac Corp., which invented and popularized credit scores ...
CHICAGO--(BUSINESS WIRE)-- Monroe Credit Advisors today announced the closing of a $14 million senior secured credit facility by a Northeast-based lender. Proceeds of the loan will be used to recapitalize and provide ongoing working capital for ...
Asking your credit card issuer for a lower interest rate may affect your credit score in some cases. Such a request could prompt the credit card provider to review the customer's credit history as part of their approval process, Rod Griffin ...
(Updates with comment from Credit Karma CEO about credit scores in first paragraph under 'Credit Monitoring' subheadline.) Jan. 13 (Bloomberg) -- Jeff Rose, a 33-year-old financial planner, is trying to improve his credit score even though ...
The post-holiday blues have set in along with hefty yuletide credit card debt. Your well-intentioned plans for a Christmas-within-your-means fell short, and now you're faced with the prospect of paying off your holiday spending -- plus 15 ...
Consumers whacked down credit card debt by 11% last year, and average debt loads dropped in every state. The average credit card balance for 2011 was $6,576, down from $7,404 the previous year, according to a report from credit tracking and ...