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Archive for the ‘Credit’ Category

China agency downgrades France’s credit rating

Chinese rating agency Dagong said Thursday it had cut its sovereign credit rating for France as the deepening eurozone debt crisis hurts economic growth and threatens Paris's solvency.

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Asia stocks fall after S&P warns euro nations

Asian stock markets fell Tuesday after Standard and Poor's warned 15 countries using the euro currency that their credit ratings are at risk of a downgrade.

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Asian stock markets fell Tuesday after Standard and Poor's warned 15 countries using the euro currency that their credit ratings are at risk of a downgrade.

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Slovenia to turn centre right for economic lift

LJUBLJANA - Slovenia votes for a new government Sunday with the center-right opposition set to return to power on a pledge of painful reforms to halt the European Union member's slide back into recession. Once a model of successful post-communist transition, euro zone member Slovenia is facing renewed economic contraction, rising unemployment and a potential credit rating downgrade.

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Asia stocks slump on Europe debt crisis impasse

Asian stock markets were mostly lower Friday as the results of a meeting among leaders of Europe's biggest economies disappointed investors and Portugal's credit rating was lowered to junk.

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Moody’s to conclude Italy review within month

NEW YORK - Moody's Investors Service on Friday said it would finish reviewing Italy's Aa2 sovereign currency credit rating for possible downgrade within the next month, saying Italy faces a challenging economic and financial environment.

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Many of the top credit card lenders have recently decided to lax their underwriting standards to make getting approved for consumer credit easier. Consolidated Credit Counseling Services, Inc. offers debt management tips for getting new lines of credit and expert advice on how to use credit cards to help prevent making financial mistakes.Fort Lauderdale, FL July 07, 2011 As a sign of ...

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Amplify Federal Credit Union will be rewarding three deserving families with much needed home repairs over the next two months.Austin, TX July 06, 2011 Over the course of two months, Amplify Federal Credit Union will award $9,000 to three families - $3,000 to each winning family – for home repairs in the Mini Home Makeover Contest. ...

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Fixing Personal Debt Issues with Backup from The European Union

Most citizens of member states of the European Union (EU) are unaware of certain unexpected benefits that EU membership conveys in relation to personal insolvency. These benefits are rooted in the principle of the free movement of labour which EU citizens enjoy within the EU and are particularly relevant for those who find themselves overburdened by debt and threatened with aggressive insolvency proceedings in certain member states of the EU.

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Credit lures back business, households

NAMIBIANS seem to have woken up from their credit slumber in May with the annual growth rate of total private sector credit rising from 11,6 per cent in April to 12,6 per cent.

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