Bad Credit Loans

Set goals high, debt low to improve credit score

A recent report shows the proportion of Americans who have FICO credit scores below 600 - a level that makes it nearly impossible to get loans - has risen to 25.5 percent, up from 24.1 percent two years ago. The likely cause: rising unemployment and bad... Credit score - FICO - Business - Debt - United States

Credit card debt fell again in July for 23rd straight month

Good news for consumer debt but bad news for the U.S. economy: Credit card use fell in July for 23rd straight month, the Federal Reserve just ...

Moody's: Banks Still Need To Take Writeoffs Worth More Than They've Earned Since 2006

Credit ratings firm Moody's believes that banks have recognized the majority of their bad loans already, with $476 billion of losses already recognized.

Expert: In U.S., Student Loans Trump Credit Card Debt

Americans now owe more in student loan debt than they do for all credit card debt, according to a recent report published by the financial aid information website FinAid.org. Host Michel Martin talks to Mark Kantrowitz, publisher of the research, about why student loan debt has hit a record high

Tax credits would replace business loans: NDP

The New Democratic Party would scrap economic development loans from Business New Brunswick with a new jobs tax credit, according to the party's finance critic.

Moody's: Bank writedowns at 2/3 of likely total

Moody's Investors Service said Wednesday it appears U.S. banks have written off about two-thirds of the bad loans they're likely to face through 2011.

Extend and pretend

The government continues to extend credit, cash, and bailouts to the undeserving, then pretend that everything is fine.