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Credit Score Formula News

Credit score the focus of new celeb-backed debit card

Suze Orman is the first out of the gate in the fast-growing prepaid debit card market with a card that aims to help its users build a credit score.

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Credit Score Focus of New Celeb-Backed Debit Card

NEW YORK (AP) -- Personal finance media personality Suze Orman is thinking big. She's the first out of the gate in the fast-growing prepaid debit card market with a card that aims to help its users build a credit score.

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Credit score focus of new celebrity-backed prepaid debit card

Credit score focus of new celebrity-backed prepaid debit card By EILEEN AJ CONNELLY The Associated Press Published Jan 14, 2012 04:32PM MDT New York • Personal finance media personality Suze Orman is thinking big. She is the first out of the gate in the fast-growing prepaid debit card market with a card that aims to help its users build a credit score. It is a gamble that could pay off, if it ...

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NYU Stern Professor of Finance Edward Altman Launches Digital App for Renowned Z-Score

Forty-five years ago, NYU Stern’s Edward Altman created the Z-score model to assess a company’s credit risk and probability of default, a formula that became the gold standard for bankruptcy prediction among practitioners and academics.

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Credit-Rating Factors May Be Changing; How Will You Fare?

Some credit bureaus are changing the rules. As CBS 2’s Dorothy Tucker reports, that's good news for some, not so good news for others.

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Debit card is credit reference

NEW YORK - Personal finance media personality Suze Orman is thinking big. She's the first out of the gate in the fast-growing prepaid debit card market with a card that aims to help its users build a credit score. It's a gamble that could pay off, if it can help create a way to measure the creditworthiness of millions who function outside the traditional financial system.

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NYU prof releases app to predict whether a company will fail

In 1968, NYU professor Edward Altman devised a statistical method for determining the financial health of a company called the Z-score formula for predicting bankruptcy, and since its publication, it has become a common statistical model used in loan evaluation. Now a Director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions, Dr. Altman has ...

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Grading our Teachers: Value-added formula raises alarm for some

To close the achievement gap between poor and affluent students in Tennessee, some students may need to learn at double the rate of their high-performing peers, according to Tennessee Department of Education materials.

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New Wells Fargo Survey: Small Business Owners Expect Increased Revenues, More Hiring for 2012

America’s small business owners are the most optimistic since July 2008, according to the latest findings from the Wells Fargo/Gallup Small Business Index survey for the period Jan.

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Prepaid debit cards may help change credit scoring

Suze Orman has an intriguing idea, but it comes wrapped in a flimsy package.

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