Posts Tagged ‘business credit’

This classified ad in the Smoky Mountain News (September 23-29, 2009, Vol, 11, Issue 17) caught my eye this morning (I have removed the phone number):

Let’s see, if a “similar lot” was $70k “not more than 9 months ago,” but now worth $24,900 (assuming enough similarity to be considered a comparable in a real estate [...]

The Wall Street Journal’s April 4-5, 2009 “Weekend Edition” included an article by Jane Kim entitled “Credit Woes Hit Home.”  I have had several conversations and sent a number of documents and links during the past few weeks to Jane; indeed, the “Credit Cards and Small Business Usage Report” on this site was based on a few [...]

Let’s see, according to a Bloomberg article by Alexis Leondis, “American Express, Chase Cut Card Limits, Lowering Credit Scores,” banks are cutting “credit limits to guard against risk and prevent delinquency and charge-off rates from increasing.”  However, once again, we observe bank executives demonstrating that they have no sense of cause and effect.  How many times must [...]