Last Week in the News on economic updates

Last Week in the News According to the Federal Reserve, consumer credit debt fell in July by $21.6 billion, an annual rate of 10.5%. It was the biggest decline since recordkeeping began in 1943. Economists had forecast consumer debt would drop $4 billion. Total...

Credit Scores: Briefing

Tighter Lending Makes Cracking the System Vital; Benefits of Paying on Time. Are you keeping score? Credit scores have been getting a lot of attention lately, as lenders tighten credit standards and contend with new legislation that has, among other things, reined in...