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Business Credit Report News

Consumer Credit in US Climbed by $19.3 Billion in December - BusinessWeek


Bloomberg

Consumer Credit in US Climbed by $19.3 Billion in December
BusinessWeek
The Fed's report doesn't track debt secured by real estate, such as home equity lines of credit. Industrywide sales of cars and light trucks totaled 12.8 million for all of 2011, a 10 percent increase from 2010, according to researcher Autodata Corp.
How To Profit From December's Credit SurgeSeeking Alpha
Surging consumer debt underscores economic recoveryMedill Reports: Chicago
New Bank Loan Standards Cause Hike in Consumer CreditGo Banking Rates
ABC News
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Speak up if you want free credit scores with annual reports: Plain Dealing - Plain Dealer


Speak up if you want free credit scores with annual reports: Plain Dealing
Plain Dealer
Right now, consumers can get credit reports for free, once every 12 months. But we have a right to get our score only if we buy it – or if a lender says it decided not to do business with us or to charge us more based on our scores.

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BBB Advises Consumers To Check Credit Reports Regularly With Credit Bureaus - STLtoday.com


BBB Advises Consumers To Check Credit Reports Regularly With Credit Bureaus
STLtoday.com
7, 2012 – Keeping tabs on your credit report is an important part of staying fiscally fit, the Better Business Bureau (BBB) advises. However, consumers should avoid using some advertised services that promise “free” credit reports, credit scores or ...

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Orchids Paper Products Company Reports Record Quarterly Converted Product ... - PR Newswire (press release)


Orchids Paper Products Company Reports Record Quarterly Converted Product ...
PR Newswire (press release)
The lower level of interest expense resulted from the effects of the refinancing of the Company's credit facility in April 2011, which lowered borrowing levels and interest rates. As of December 31, 2011 the estimated effective tax rate for the full ...

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Ingram Micro Reports Second Highest Quarterly Revenues in Company's History - MarketWatch (press release)


Ingram Micro Reports Second Highest Quarterly Revenues in Company's History
MarketWatch (press release)
Worldwide sales grew to $9.95 billion, the highest quarterly sales for the company since the fourth quarter of 2007. This compares with $9.88 billion reported in the fourth quarter of last year. The translation effect of foreign currencies did not have ...
Ingram Micro's CEO Discusses Q4 2011 Results - Earnings Call TranscriptSeeking Alpha

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Experian Provides Clarity Services with Identity Verification and Fraud ... - MarketWatch (press release)


Experian Provides Clarity Services with Identity Verification and Fraud ...
MarketWatch (press release)
The company helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score and protect against identity theft.

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China's Banks Given More Time To Meet Stricter Capital Rules - Report - Fox Business


Financial Times

China's Banks Given More Time To Meet Stricter Capital Rules - Report
Fox Business
SHANGHAI – China will likely give banks a longer grace period to meet stricter capital requirements that are aimed at curbing credit risks, the 21st Century Business Herald reported Wednesday, citing a person familiar with the situation. The report ...
Citigroup to issue China credit cardsFinancial Times
China Credit Cards, Danish Loans, Mortgage Deal: ComplianceBusinessWeek
China Credit Cards, Danish Bad Loans Accounts, Smith & Nephews: ComplianceBloomberg
Sacramento Bee -domain-B
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Small Businesses Planning to Hire in 2012: Wells Fargo Report - eWeek


Small Businesses Planning to Hire in 2012: Wells Fargo Report
eWeek
While business owners indicate plans to hire in the next 12 months, they demonstrate some concern around hiring today. America's small business owners are the most optimistic since July 2008, according to the latest findings from the Wells Fargo/Gallup ...

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Plans to sell credit card business dropped - Irish Times


Plans to sell credit card business dropped
Irish Times
THERE WERE unconfirmed reports yesterday that Bank of America intends to pull the sale of its Irish and British credit card business, which employs 750 people in Co Leitrim. MBNA Europe, as the business is known, has been on the block since August, ...
BofA Pulls Sale Of UK Credit-Card Business – SourceWall Street Journal (blog)
Bank of America Pulls Sale Of UK Credit-Card Business - SourceFox Business

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FTC warns mobile app marketers providing background checks - Business Insurance


Better Business Bureau

FTC warns mobile app marketers providing background checks
Business Insurance
The FTC letter said under the Fair Credit Reporting Act, a company is a “consumer reporting agency” if it provides information relating to a person's character, reputation or personal characteristics that is used for employment and other purposes.
FTC Reaches Settlement with Debt Buyer Regarding Collection of Past-Statute DebtACA International

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