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Bad Credit Loans News

Anglo Irish Bank Subordinated Credit Swaps Rise After Good, Bad Bank Split

Credit-default swaps tied to Anglo Irish Bank Corp.’s subordinated bonds rose, according to data provider CMA.

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Student loans debt rose 25% in '09

For the first time ever, total student loan debt exceeds total credit card debt in this country, with almost $850 billion outstanding, according to Mark Kantrowitz, publisher of FinAid.org and FastWeb.com

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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 - Financial Services - United States

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Banks Have Written Down 2/3 Of Bad Loans They're Likely To Face: Moody's

What's Your Reaction? NEW YORK — 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.

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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 ...

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