Hillsborough scouts, YMCA gain funds in credit-card program

Hillsborough scouts, YMCA gain funds in credit-card program
HILLSBOROUGH — Two Hillsborough organizations have received funding for equipment as part of a credit-card program launched by municipal officials.
Read more on MyCentralJersey.com

Moody’s says U.S. credit rating risks are rising
NEW YORK: Moody’s Investors Service warned on Thursday, Jan 27 of the growing likelihood that it could revise the outlook on the AAA credit rating of the United States to negative in the next two years.
Read more on The Edge

ND again offers Homestead Tax Credit
North Dakota is offering again this year the Homestead Tax Credit for senior citizens or disabled persons. With it, homeowners who are 65 or disabled can receive a tax credit based on the value of their property.
Read more on The Wahpeton Daily News

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Little Rock IRS open 2 Saturdays to help with Earned Income Tax Credit

Little Rock IRS open 2 Saturdays to help with Earned Income Tax Credit
The Internal Revenue Service Taxpayer Assistance Center in Little Rock, 700 West Capitol, is opening its doors Saturday Jan. 29 and Feb. 5 for taxpayers eligible for the Earned Income Tax Credit, or EITC.
Read more on KTHV Little Rock

Good News
Credit union scholarships First American Credit Union is offering 16 $ 1,000 scholarships to high school students, as well as 16 $ 250 “Class of Excellence Awards” to teachers.
Read more on Beloit Daily News

BA police credit e-tickets with reducing collisions
Traffic collisions decreased by 9 percent in the past year in Broken Arrow and authorities credit their new electronic ticket system.
Read more on Tulsa World

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Detective denies credit card misuse

Detective denies credit card misuse
A Scotland Yard detective accused of using a force credit card to pay for a weekend with his wife in a luxury hotel has denied any wrongdoing.
Read more on Chichester Observer

Detective denies credit card misuse
A Scotland Yard detective accused of using a force credit card to pay for a weekend with his wife in a luxury hotel has denied any wrongdoing.
Read more on Luton Today

Chemical Financial Corp.: Stabilized credit quality, acquisition drive 2010 earnings recovery
In the corporation’s fourth quarter earnings release, Chemical Financial Chairman, Chief Executive Officer, and President David B. Ramaker said the stabilization is credit resulted in a $ 13.4 million lower provision for loan losses for the year and the acquisition of OAK «has been accretive to earnings starting in the third quarter of 2010.”
Read more on The Bay City Times

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Belgian Faces Credit-Rating Cut as Political Crisis Escalates

Belgian Faces Credit-Rating Cut as Political Crisis Escalates
Belgium’s King Albert II accepted his political troubleshooter’s second attempt to quit the job of jump-starting stalled coalition talks, putting the nation’s credit rating at risk.
Read more on Bloomberg

2 sought in robbery at Fort Dodge credit union
Associated Press – January 28, 2011 12:44 PM ET FORT DODGE, Iowa (AP) – Authorities are searching for two people who robbed a credit union in Fort Dodge and escaped in a stolen vehicle.
Read more on KWQC-TV 6 Davenport

Hillsborough scouts, YMCA gain funds in credit-card program
HILLSBOROUGH — Two Hillsborough organizations have received funding for equipment as part of a credit-card program launched by municipal officials.
Read more on MyCentralJersey.com

Canadian household credit growth the slowest in nearly a decade: CIBC
Canadians are getting the message on cutting debt levels with growth in household credit now rising at its slowest pace since 2001, finds a new report from CIBC.
Read more on Investment Executive

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Another person takes credit for Cliff Lee’s return

Another person takes credit for Cliff Lee’s return
Apparently this is the vogue thing to do. So now the Phillies not only have the magic loogie spat by Yankees fans to thank for Cliff Lee’s triumphant return to Philadelphia, but Texas Rangers owner Chuck Greenberg wants some credit, too.
Read more on Philly.com

Fitch Publishes ‘U.S. Credit Card ABS Tear Sheet’ with November 2010 Performance Data
Fitch Ratings has published its monthly ‘U.S. Credit Card ABS Tear Sheet’. This report shows Fitch’s break-even stress scenarios for the largest credit card issuers using November 2010 performance data.
Read more on Business Wire via Yahoo! Finance

Port Authority Credit Outlook Lowered to Negative by Moody’s
Port Authority of New York and New Jersey, which owns the World Trade Center site and operates the three major New York-area airports, had its credit outlook cut to negative from stable by Moody’s Investors Service.
Read more on BusinessWeek

2 sought in robbery at Fort Dodge credit union
Associated Press – January 28, 2011 12:44 PM ET FORT DODGE, Iowa (AP) – Authorities are searching for two people who robbed a credit union in Fort Dodge and escaped in a stolen vehicle.
Read more on CBS4 Quad Cities

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TV Review: ‘Idol’: Fave singer so far?

TV Review: ‘Idol’: Fave singer so far?
Image Credit: Fox After just two weeks of auditions, season 10 of American Idol promises a lot of talent.
Read more on Entertainment Weekly

Credit recovery fees hike might subtract from failing grades
There is now an extra incentive for Brush High School students to pass their classes the first time, as the fees to use the school’s credit recovery program are increasing twofold or more.
Read more on The Fort Morgan Times

S&P cuts Japan’s credit rating on debt concerns
(AP:TOKYO) Standard & Poor’s has cut Japan’s credit rating one notch to AA- on concern that the government’s debt will rise more than expected. S&P projected Thursday that Japan’s fiscal deficit will remain high for the next few years, reducing the government’s fiscal flexibility.
Read more on INO News

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Pioneer Natural Resources to Present at the Credit Suisse Energy Conference

Pioneer Natural Resources to Present at the Credit Suisse Energy Conference
DALLAS–(BUSINESS WIRE)–Pioneer Natural Resources Company (NYSE:PXD) today announced that Scott Sheffield, Chairman and CEO, will present at The Credit Suisse Energy Conference on Thursday, February 10 at 8:45 a.m. MT. Any interested person may listen to the live presentation and view the presentation slides during the conference, or hear an archived version afterwards, by logging on to Pioneer …
Read more on Business Wire

China rating agency blames U.S. for «credit war»
BEIJING/NEW YORK (Reuters) – The ultra-loose monetary policy of the United States is setting the stage for «a world credit war,» a Chinese rating agency said on Friday, in the latest warning against soaring debt burdens in developed economies.
Read more on Reuters.co.uk

Eric LaBadie of Guardian Analytics to Speak at Credit Union IT Risk Management & Security Summit
Technology Credit Union joins Guardian Analytics executive to discuss how credit unions can combat online banking fraud
Read more on PRWeb via Yahoo! News

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Borders shares rise 40% following $550 million credit facility from GE Capital

Borders shares rise 40% following 0 million credit facility from GE Capital
Borders shares rise 40% following $ 550 million credit facility from GE Capital
Read more on Market Watch

Small Business Tax Credit Calculator Released
The Small Business Tax Credit Calculator, developed by Tax Credits LLC, is able to complete lines 1 to 14 of Form 8941 for tax preparers in all 50 states.
Read more on Accounting Today

EAST WINDSOR: Bad credit
EAST WINDSOR Township police said this week they solved a string of eight overnight burglaries that occurred between Dec. 28 and 29 when a stolen credit card was presented at the GameStop on Princeton-
Read more on Windsor-Hights Herald

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New Zealand Credit Card Spending Slumps

New Zealand Credit Card Spending Slumps
(RTTNews) – Credit card billings in New Zealand dropped sharply in December, official data showed, suggesting retail activity had weakened during the holiday season.
Read more on INO News

Tax Tip: 5 important facts about the Making Work Pay Credit
Here are five things the IRS wants you to know about this tax credit to ensure you receive the entire amount for which you are eligible.
Read more on KFJX Pittsburg

AG warns students about credit card debt
share: digg facebook twitter To help Texas universities comply with a state law requiring them to educate students about personal financial management, Abbott distributed copies of “Money Crunch,” a 14-minute video that features an energetic host telling students that using credit may seem like they are getting something free, but they could wind up paying interest on charges, even for a slice …
Read more on San Antonio Express-News

Kasasa Banking Services Launch at Southwest Louisiana Credit Union
Lake Charles, LAJanuary 27, 2010 Southwest Louisiana Credit Union asks consumers, Do you Kasasa as it becomes the first financial institution headquartered in Lake Charles to launch the countrys most innovative financial products. Kasasa is a new brand of free checking and savings accounts that pays consumers to use their account with what interests them mosthigh interest, automatic…
Read more on PitchEngine

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Fitch Rates GE Capital Credit Card Master Note Trust, Series 2011-1

Fitch Rates GE Capital Credit Card Master Note Trust, Series 2011-1
Fitch Ratings assigns the following ratings to GE Capital Credit Card Master Note Trust’s asset-backed notes, series 2011-1:
Read more on Business Wire via Yahoo! Finance

Brazil Lending Grew at Slowest Pace in Five Months After Credit Measures
Brazilian credit expansion slowed in December after policy makers raised reserve and capital requirements in a bid to contain inflation.
Read more on Bloomberg

TSU Students Get Credit Card Lessons
Students at Texas Southern University are learning a valuable lesson: How to use credit cards responsibly.
Read more on KIAH-TV Houston

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Credit growth increasingly getting broad-based across sectors: RBI

Credit growth increasingly getting broad-based across sectors: RBI
The Reserve Bank today said that credit growth is now becoming increasingly broad-based across sctors and industries.
Read more on The Economic Times

Credit Suisse (Eur) – Form 8.5 (EPT/RI) – De La Rue Plc
Credit Suisse (Eur) – Form 8.5 (EPT/RI) – De La Rue Plc
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

S&P Downgrades Japan’s Credit Rating
TOKYO — Standard & Poor’s cut Japan’s credit rating one notch to AA- on concern that the government’s debt will rise more than expected. …
Read more on TheStreet.com

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China Said to Plan Raising Ratio If Credit Excessive

China Said to Plan Raising Ratio If Credit Excessive
China may order its biggest lenders, including Industrial & Commercial Bank of China Ltd. and China Construction Bank Corp., to raise capital ratios to as high as 14 percent when credit growth is judged excessive, said a person familiar with the matter.
Read more on BusinessWeek

Harry Gross: Limited-credit card can act as a financial leash
Dear Harry: Recently, I saw an ad for a «prepaid card.» It seemed to say that I could buy one of these cards with no credit check, no bank account to back it up, no fees, no expiration date and acceptance everywhere in the U.S. and Canada. It se
Read more on Philly.com

U.S. Expats’ Car Leasing Headache Due to Lack of U.S. Credit Score is Catalyst for New Venture Launched by LionLeasing …
The U.S. credit scoring system is a major headache for foreign professionals moving to the U.S., as their lack of U.S. credit history shuts the door for any kind of credit. This headache sparked the creation of LionLeasing.com a company that helps newcomers to the U.S. get access to car leasing and financing without having a U.S. credit score. The service is already a big success with …
Read more on PRWeb

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Leetsdale credit card use to end?

Leetsdale credit card use to end?
Following public pressure and the results of an audit, officials in Leetsdale no longer could be able to use individually issued credit cards, the borough manager said Wednesday.
Read more on Pittsburgh Tribune-Review

Grand opening celebrations of United Communities Credit Union Complex begin Saturday
AMHERSTBURG — The United Communities Credit Union Complex, Amherstburg’s new sporting and recreation facility, today announced details of its Grand Opening Festivities schedule for January 29 – February 5, 2011.[...]
Read more on The Amherstburg Echo

Loonie Declines as Japanese Credit Rating Reduction Raises Risk Aversion
Canada’s dollar dropped against its U.S. counterpart after Standard & Poor’s reduction of Japan’s credit rating increased risk aversion among investors, lessening demand for higher-yielding currencies and commodities.
Read more on Bloomberg

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Japan’s credit rating downgraded

Japan’s credit rating downgraded
Standard & Poor’s on Thursday lowered Japan’s long-term sovereign credit rating to AA minus from AA, saying it expected the country’s fiscal deficits to stay high in coming years.
Read more on Brisbane Times

Japan Suffers Credit Rating Downgrade
(RTTNews) – Standard & Poor’s downgraded Japan’s sovereign credit rating on Thursday, citing the country’s soaring mountain of debt. The agency said Japan’s debt dynamics were under pressure from various factors and that the debt ratio is likely to rise further than previously envisaged.
Read more on INO News

S&P cuts Japan’s credit rating 1 notch to AA- on debt concerns
TOKYO – Standard & Poor’s cut Japan’s credit rating for the first time in almost nine years Thursday, issuing a harsh critique of the government’s ability to control its ballooning debt.
Read more on Minneapolis-St. Paul Star Tribune

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Japan credit cut rattles world markets

Japan credit cut rattles world markets
The yen fell and investors took a cautious stance on stocks and riskier assets on Thursday after Standard & Poor’s cut Japan’s credit rating in a forceful reminder of the fragile state of some leading countries’ finances
Read more on National Post

Credit Union Robbed In Lawrenceville
PITTSBURGH (KDKA) — Police are investigating an armed robbery in Lawrenceville. City Dispatch confirms to KDKA-TV the Omega Federal Credit Union in Lawrenceville was robbed at gunpoint. The credit union is in the 100-block of [...]
Read more on CBS Pittsburgh

Blackstone Introduces Blackstone / GSO Long-Short Credit Income Fund
GSO / Blackstone, part of the credit platform of The Blackstone Group L.P. , one of the world’s leading investment and advisory firms, today announced the successful completion of the initial public offering of Blackstone / GSO Long-Short Credit Income Fund .
Read more on Business Wire via Yahoo! Finance

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Fitch to Rate Ford Credit Auto Owner Trust 2011-A; Presale Issued

Fitch to Rate Ford Credit Auto Owner Trust 2011-A; Presale Issued
NEW YORK–(BUSINESS WIRE)–Fitch Ratings expects to assign the following ratings to Ford Credit Auto Owner Trust 2011-A: –$ 255,000,000 class A-1 ‘F1+sf’; –$ 276,800,000 class A-2 ‘AAAsf’; Outlook Stable; –$ 335,300,000 class A-3 ‘AAAsf’; Outlook Stable; –$ 191,990,000 class A-4 ‘AAAsf’; Outlook Stable; –$ 33,440,000 class B ‘AAsf’; Outlook Stable; –$ 22,290,000 class C ‘Asf’; Outlook Stable …
Read more on Business Wire

Polk County repaid from accidental credit card use
Polk County has been fully reimbursed by a sheriff’s department official whose county-issued credit card was used to purchase an outing for his family. A Nov. 10 billing statement for the Visa c…
Read more on Rome News-Tribune

Sheriff: NC woman used her dead mother’s credit card and forged checks
An Albemarle woman is accused of purchasing hundreds of dollars worth of items using her deceased mother’s credit card and forging checks against her parents’ checking account.
Read more on WIS News 10 Columbia

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Yen Slumps as S&P Downgrades Japanese Credit Rating; Aussie Dollar Drops

Yen Slumps as S&P Downgrades Japanese Credit Rating; Aussie Dollar Drops
The yen sank after Japan’s credit rating was lowered one step to AA- by Standard & Poor’s, the first cut since 2002, on concern Prime Minister Naoto Kan hasn’t done enough to curb the world’s biggest debt load.
Read more on Bloomberg via Yahoo! Finance

Rick Horowitz: Recovery: Credit Where Credit is Due?
Congressional Republicans claim credit for recent economic upturn. Ripped from the headlines «There will come a Monday,» the old-timer muttered, his gaze shifting briefly…
Read more on The Huffington Post

ABC5 WOI-DT News, Weather, Sports in Des Moines, IA2 sought in robbery at Fort Dodge credit union
FORT DODGE, Iowa (AP) – Authorities are searching for two people who robbed a credit union in Fort Dodge and escaped in a stolen vehicle. Police say the pair covered their faces on Thursday morning at the Fort Dodge Family Credit Union. They got away with an undetermined amount of cash.
Read more on WOI-TV Des Moines

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HILLSBOROUGH: Scouts, YMCA cash in on credit card

HILLSBOROUGH: Scouts, YMCA cash in on credit card
Money from the townshipâs credit card program has paid off for the local YMCA and Cub Scout Pack 389.
Read more on Hillsborough Beacon

Youth held for credit card fraud
Calcutta police have arrested a youth who identified himself as an employee of a private bank and tried to cheat a customer by offering him a fake credit card.
Read more on The Telegraph

Credit unions to match college savings
By: Heidi Groover Saving money for college could get three times more rewarding for some University of Montana students next year. UM recently teamed up with Montana Credit Unions for Community Development to offer matched education savings accounts for students who s…
Read more on Montana Kaimin

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Gang of credit card cheats busted

Gang of credit card cheats busted
A gang allegedly involved in duping people by using cloned credit and debit cards of different international banks and data of international customers has been busted with the arrest of two people, police said Thursday.
Read more on Calcutta News

NZ credit card billings fall in December – RBNZ
WELLINGTON, Jan 26 (Reuters) – Credit card billings in New Zealand fell sharply in December, as consumers remained cautious amid a patchy economic recovery and weak labour market.
Read more on Reuters via Yahoo! Asia News

NZ credit card billings fall in December – RBNZ
WELLINGTON, Jan 26 (Reuters) – Credit card billings in New Zealand fell sharply in December, as consumers remained cautious amid a patchy economic recovery and weak labour market.
Read more on Reuters via Yahoo! Singapore News

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Japanese Stocks Decline After S&P Lowers Nation’s Credit Rating

Japanese Stocks Decline After S&P Lowers Nation’s Credit Rating
Japanese stocks declined after the nation’s credit rating was cut for the first time in nine years by Standard & Poor’s, as persistent deflation and political gridlock undermine efforts to reduce the nation’s debt burden.
Read more on BusinessWeek

AccuConference Offers .00 Credit for People in Northeastern Snowstorm
With the massive snowstorm bearing down on the Northeast, AccuConference extended $ 50.00 in conferencing credit to help those who are stranded. The snowstorm has paralyzed many roads, railways, and airports, leaving thousands of people unable to make their destinations. By allowing the people stuck in the snowstorm to use their conference lines for free, AccuConference hopes to help people carry …
Read more on PRWeb via Yahoo! News

Credit union ATM blast
An automatic teller machine in George Town in Tasmania’s north has been blown up in a gas attack.
Read more on ABC via Yahoo!7 News

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20 Percent of Eligible Taxpayers Miss Out on Earned Income Tax Credit

20 Percent of Eligible Taxpayers Miss Out on Earned Income Tax Credit
Thousands of Iowans are expected to lose out on a possible tax credit that provided an average of $ 2,200 last year because of failure to file for the Earned Income Tax Credit, the IRS says.
Read more on KCRG-TV9 Cedar Rapids

20 percent of eligible taxpayers miss out on Earned Income Tax Credit
Thousands of Iowans are expected to lose out on a possible tax credit that provided an average of $ 2,200 last year because of failure to file for the Earned Income Tax Credit, the IRS says.
Read more on The Gazette

Credit Derivatives Data
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Fitch to Rate Ford Credit Auto Owner Trust 2011-A; Presale Issued
Fitch Ratings expects to assign the following ratings to Ford Credit Auto Owner Trust 2011-A:
Read more on Business Wire via Yahoo! Finance

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Rafael Nadal: Credit David Ferrer For Australian Open Win, Not Nadal’s Injury

Rafael Nadal: Credit David Ferrer For Australian Open Win, Not Nadal’s Injury
Rafael Nadal: Credit David Ferrer For Australian Open Win, Not Nadal’s Injury: Rafael Nadal lost in the quarterfinals of the Australian Open to David Ferrer in great part to a hamstring injury. But Nadal deflected questions about the injury post-match, telling reporters it was disrespectful to Ferrer’s victory. Nadal opted to finish the match because, he said, «I hate retirements,» reported Lynn …
Read more on Bleacher Report

Credit union problem
A bounced check branded her a criminal, so Ella Smith figured she needed help quickly. She called 12 on Your Side and got her name cleared.
Read more on NBC 12 Richmond

US policy blamed for ‘world credit war’
China rating agency says dollar credit worthiness in question. 28 Jan 2011 9:45 PM
Read more on Business Spectator

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Nabard sets Punjab credit plan at Rs 68,176 cr for 2011-12

NABARD is Punjab at Rs 68,176 cr credit plan for 2011-12
Chandigarh, Jan 27 (PTI) National Bank for Agriculture and Rural Development (NABARD) today projected a credit plan of Rs 68 176 crore, a growth of 18.52 percent for the year 2011-12.Out the projected harvest loan plan has 53 percent market share , followed by the agricultural sector and related at 13 percent, non-agricultural sector at 14 percent and other priority sector at 20.4 percent, said NABARD Chief General …
more to Read «http://in.news.yahoo.com/nabard-sets-punjab-credit-plan-rs-68-176-20110127-055000-000.html»> PTI via Yahoo News

Credit Union Mortgage rise
Glasgow Credit Union (GCU) recorded a jump of 43 percent in mortgage lending last year looked as frustrated buyers an alternative to traditional outlets.
Read The Scotsman: Business

Control credit count
Mumbai, Jan. 25: The Reserve Bank of India (RBI) today asked banks to moderate their credit growth and ensure that there is no discrepancy between the expansion of credit and the taking of deposits.
Read The Telegraph

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Credit card users face additional charges

Credit card users face additional charges
Form a strategy now to deal with the hiked rates and fees that are expected this year.
Read more on Bankrate.com via Yahoo! Finance

Credit card debt drops in 2010
Americans chipped away at credit card debt in 2010. According to a study by Credit Karma, from January to December, consumer credit card debt dropped by 8 percent nationally to $ 7,404.
Read more on Bankrate.com

S&P cuts Japan’s credit rating on debt concerns
Standard & Poor’s cut Japan’s credit rating for the first time in almost nine years Thursday, issuing a harsh critique of the government’s ability to control its ballooning debt.
Read more on AP via Yahoo! News

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Borders secures $550M credit line

Borders secures 0M credit line
Borders Group says it received a $ 550 million credit line from GE Capital, a lifeline that will help the struggling bookseller pay its vendors and stay afloat.
Read more on Courier-Post

Japanese industry leaders describe credit downgrade a wake-up call
DAVOS, Switzerland, Jan. 28 (AFP) – Standard & Poor’s downgrade of Japan’s credit rating is a wake-up call for the Asian country to deal with its ballooning debt problem, Japanese industry leaders said at Davos.»In a way it’s good because it really forces people to understand because there is still resistance within Japan towards raising taxes, which you obviously need,» Daisuke Iwase, who co …
Read more on Manila Bulletin via Yahoo! Philippines News

Sask. credit union merger stalls
A proposed merger deal involving three major Saskatchewan credit unions has been stopped in its tracks.
Read more on CBC via Yahoo! Canada News

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Benefits of Using a Company Credit Card for Travel and Entertainment Expenses

A company credit card can make a business owner or manager’s life easier by providing a single bill that breaks down employee travel and entertainment expense, rather than having to deal with multiple receipts from multiple vendors. This article discusses this major advantage in more detail.

Original text: Benefits of Using a Company Credit Card for Travel and Entertainment Expenses


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Credit union invests in volunteering

Credit union invests in volunteering
The 14 employees of the State Employees’ Credit Union, Washington Street branch, do volunteer work year round in mentoring, tutoring, displaying student art work, fundraising and even making music.
Read more on The Hendersonville Times-News

New credit deal gives Borders a lifeline
Borders Group has received a commitment for a $ 550 million credit line from GE Capital, a lifeline that will help the struggling bookseller pay its vendors and stay afloat – but it indicated that bankruptcy protection might still be an option.
Read more on Seattle Times

Japan credit rating cut by S&P
Japan’s credit rating was cut for the first time in nine years by Standard & Poor’s as persistent deflation and political gridlock undermine efforts to reduce a 943 trillion yen (US$ 11 trillion) debt burden.
Read more on Malta Today

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MILAN: Police briefs: Police investigate credit card fraud; student brought homemade bong to school

MILAN: Police briefs: Police investigate credit card fraud; student brought homemade bong to school
Credit card fraud investigated at Milan gas station
Read more on The Milan News-Leader

New credit deal gives Borders a lifeline
Borders Group has received a commitment for a $ 550 million credit line from GE Capital, a lifeline that will help the struggling bookseller pay its vendors and stay afloat — but it indicated that bankruptcy protection might still be an option.
Read more on AP via Yahoo! Finance

Credit union ‘drops’ ,000 worth of food for local food banks
At a giant «food drop» held January 19 in Essex, United Communities Credit Union distributed $ 15,000 worth of local apples, potatoes and beef to 20 Windsor and Essex County Food Banks through its Farms to Food Banks Program.
Read more on Leamington Post

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Fitch Upgrades Ford & Ford Credit’s IDRs to ‘BB’; Outlook Positive

Fitch Upgrades Ford & Ford Credit’s IDRs to ‘BB’; Outlook Positive
Fitch Ratings has upgraded the Issuer Default Ratings for Ford Motor Company and its Ford Motor Credit Company LLC captive finance subsidiary to ‘BB’ from ‘BB-’. The Rating Outlook for both Ford and Ford Credit is Positive.
Read more on Business Wire via Yahoo! Finance

Chapdelaine Credit Said to Shut as Primus Deal Fails
Chapdelaine Credit Partners, the bond broker started two years ago when debt markets seized up, will close next week after failing to raise capital, according to people with direct knowledge of the matter.
Read more on BusinessWeek

Credit card rates at record highs
Interest rates are now hovering near record highs, at an average rate of 14.72%. And if your credit is bad enough, you could even end up with a rate as high as 59.9% APR.
Read more on CNN Money

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Credit union warns about phishing scam

Credit union warns about phishing scam
Co-op Services Credit Union is warning customers about a scam that is attempting to get personal information like your account number.
Read more on WXYZ-TV Detroit

IRS urges workers who are eligible for the Earned Income Tax Credit to claim it
«It’s a credit that’s designed to help working families make ends meet»
Read more on New Orleans Times-Picayune

‘Sleeping’ credit card blues
Thursday, January 27th, 2011 09:48:00 LEE of Kuala Lumpur is upset with the Citibank credit card service. «I got a Shell Citibank credit card with a two-year annual fee waiver,» she says. «I had used the card in the first year but did not use and activate it on the second.» LEE says when she wanted to use her Citibank business credit card on the third year, she found out the bank had blocked it …
Read more on The Malay Mail

Japan’s credit rating downgraded
Standard & Poor’s on Thursday lowered Japan’s long-term sovereign credit rating to AA minus from AA, saying it expected the country’s fiscal deficits to stay high in coming years.
Read more on AFP via Yahoo! News

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