Credit
Moody’s Threatens U.S. Credit Rating
While candidates from both parties continue to campaign, a looming fiscal cliff is set to possibly cripple the economy starting January 1. The fiscal cliff, along with the paralysis in Congress, has led Moody’s Credit Agency to warn of another downgrade to the U.S. credit rating.
Miami Faces Another Damaging Credit Rating Downgrade
The SEC has launched an investigation into whether the City of Miami misled bond investors. This puts the city inches from financial disaster, a downgraded credit rating for the second year in a row.
Credit Protection Resources
http://www.consumerreports.org/cro/magazine-archive/2011/june/money/credit-card-fraud/more-ways-to-fight-fraud/index.htm http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre04.shtm http://www.ftc.gov/bcp/edu/pubs/consumer/idtheft/idt04.shtm http://www.ftc.gov/bcp/edu/microsites/idtheft/ http://www.fdic.gov/consumers/consumer/fighttheft/ http://www.fbi.gov/scams-safety/fraud/internet_fraud
Is Credit Reporting Going Too Far?
Consumers looking to apply for more credit may find lenders now have a lot more information at their disposal to help with that decision. That’s thanks to a new kind of credit report now available that’s packed with information about you and how you handle everything from electric payments to rent.
Experts Warn Of Holiday Credit Co-Signing Risks
This years’ holiday shopping season is expected to be a record-breaker, with online spending approaching $25 billion dollars so far. With all that spending, consumers may be tempted to borrowing money, or help a friend borrow money by cosigning a loan for them.
Cuba Introducing New Credit System
Cuban leader Raul Castro has announced a new credit system that is set to offer loans to small-business owners, independent farmers, and other citizens.
Gov. Scott: U.S. Default Impact Would Be Minimal
Governor Rick Scott has weighed in with his thoughts on the federal debt ceiling. Scott is in favor of letting the U.S. default instead of raising the debt ceiling.
Job-Seekers Credit Check Controversy Heads To Congress
How do you feel about your boss getting a peek at your credit history? If you’re looking for work it’s very possible you’ll be asked to share that information in order to get the job. But there’s a move underway across the country to stop that from happening.
I-Team: Child Identity Theft Surges
The federal government says Florida is number two in the nation for identity theft complaints. Now a CBS4 I-Team investigation has uncovered a new trend among thieves, involving your kids and grandkids.
Discover Card Under Fire
Discover is facing a class-action lawsuit accusing the credit card giant of selling unwanted services to consumers across the country and bilking them, in some cases, out of thousands of dollars.






