U.S. Banks May Post Further Credit Losses, SunTrust Chief Says (Bloomberg)
Posted in Credit Card Debt, Loan Modifications by admin on August 25th, 2009
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Aug. 24 (Bloomberg) — The head of SunTrust Banks Inc. , Georgias biggest lender, said U.S. financial institutions probably will report further credit losses as commercial real estate falters through next year.
Win at the credit scoring game (CNN Money)
Borrowing money today requires impressing an increasingly hard-to-please crowd. With creditors of all kinds more cautious than ever, you need an A+ application to land the best terms — and that means an A+ credit score, the number lenders use to judge your risk of default.
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