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McDonnell urges debt compromise to preserve Virginia’s credit rating
Agitated that inaction on raising the nation’s debt limit jeopardizes the state’s sterling credit rating, Gov. Bob McDonnell urged a compromise on Wednesday and penned a pointed plea to President Barack Obama for “prompt bipartisan action.” Continue reading
Debt Ceiling Impasse Imperils States’ Credit Ratings
Moody’s Investors Services placed five states on review for possible downgrade if the United States fails to resolve its debt ceiling impasse and has its own stellar credit rating downgraded. … Continue reading
Moody’s dings debt ceiling Plan B
Credit rating agency Moody’s dinged a key backup plan to raise the debt ceiling Monday, and said the United States would be better off if the ceiling was eliminated entirely. Continue reading
Credit card debt hits record high: RBA
Credit card debt has hit a new record of $49.41 billion in May, with three-quarters of credit cards now accruing interest. Continue reading
U.S.: Raising debt ceiling not enough to save U.S. credit rating
If only lawmakers would raise the debt ceiling before Aug. 2, the United States will get to keep its top-notch credit rating. Right? Continue reading
Raising debt ceiling isn’t enough
If only lawmakers would raise the debt ceiling before Aug. Continue reading
Consumer Credit Card Debt Falls 10 Percent From January, 17 Percent From June 2010
SAN FRANCISCO, CA–(Marketwire – 07/13/11) – CreditKarma.com, the consumer’s credit advocate, today released its mid-year U.S. Credit Score Climate Report. Continue reading
A New Horizon Credit Counseling A Nonprofit Debt Management Firm Pays Clients to Get Out of Debt
Spurred by concerns over the slowed economic recovery,A New Horizon Credit Counseling a nonprofit organization gives new clients $100 to get started.Fort Lauderdale, Florida (PRWEB) July 13, 2011 With June unemployment numbers ticking up to 9.2% and the nation’s economic recovery slowing to a crawl, the nonprofit debt management firm A New Horizon Credit Counseling is taking unprecedented steps … Continue reading
France’s BNP, Credit Agricole on ‘Frontline’ With Italian Risk
French banks including BNP Paribas SA and Credit Agricole SA have the most at risk from the euro- region’s debt crisis infecting Europe’s largest borrower: Italy. Continue reading
Brazil credit card debt is sky-high
SAO PAULO — Silas Xavier pulls credit card bills from a pocket on the door of the taxi he drives, more from the glove box and still more from a pouch behind his seat, waving them as his voice rises in frustration and desperation.Like many of the 40 … Continue reading
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