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August 18, 2022

CREDIT

Financing a new car? Here’s how much you can save thanks to a good or excellent credit score

CNBC
by CNBC040
CNBC – For more and to sign up click here By now, you probably know that prices for new cars have been climbing at a brisk pace, along with many other consumer goods, in the midst of high inflation. The average cost of a car is an estimated $45,869, according......
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On TikTok, Knitting, Rapping and Promoting the Child Tax Credit

New York Times
by New York Times00
Their focus is on reaching young voters of color, a famously hard-to-reach demographic that tends to tune out politics. For Democrats, they are an important constituency, but a fickle one. President Biden remains especially unpopular among younger voters of color, who gravitated toward his more left-leaning opponents during the 2020......
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Has the Equifax credit report error affected you? Here’s how to find out.

CBS News
by CBS News00
CBS News – For more and to sign up click here Equifax is back in the spotlight after Rep. Maxine Waters asked for the credit reporting agency to be barred from selling credit scores until it explains how it flubbed credit score calculations for millions of Americans. Equifax last week......
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Do you know what your credit score is? Here’s everything you need to know

CNBC
by CNBC035
CNBC – For more and to sign up click here It shouldn’t be a surprise that you need to have a good credit score for your overall financial health. But do you actually know what your credit score is, how to figure it out, and why it matters? Watch this......
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Has the Equifax credit report error affected you? Here’s how to find out.

CBS News
by CBS News00
CBS News – For more and to sign up click here Equifax this week admitted that it misreported some consumers’ credit scores, potentially affecting applications for mortgages, auto loans or credit cards. The Wall Street Journal on Tuesday reported that, between March 17 and April 6, the company sent out......
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From Mississippi to Kentucky, these are the 7 states with the least credit card debt

CNBC
by CNBC040
CNBC – For more and to sign up click here Americans really know how to accumulate credit card debt: The U.S. total surpassed $1 trillion at the start of 2022. But there are some states with a more manageable amount of debt. To determine the states with highest and lowest......
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5 tips for recession-proofing your credit card spending ahead of rising interest rates

CNBC
by CNBC034
CNBC – For more and to sign up click here With credit card debt balances in the U.S. climbing, you might want to rethink your credit card strategy ahead of a possible recession. That’s because credit card debt is up 13% since last year, and that debt will only get......
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Use of credit cards, personal loans surges, but ‘it’s not a red flag,’ expert says

CNBC
by CNBC070
CNBC – For more and to sign up click here There’s no doubt Americans are falling deeper in debt. As prices jump across the board, consumers are increasingly relying on credit cards to make ends meet. The number of people with credit cards and personal loans hit record highs in......
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Inflation spurs U.S. consumers to spend more on credit cards

Reuters
by Reuters01
A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young......
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Inflation spurs U.S. consumers to spend more on credit cards

Reuters
by Reuters01
A shopper wearing a face mask is pictured at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young......
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Cost of living: Are you missing out on unclaimed universal credit?

BBC
by BBC00
https://www.bbc.co.uk/news/business-62223978?at_medium=RSS&at_campaign=KARANGA That equates to a top-up on weekly incomes to £182.60 for those who are single, or a joint weekly income of £278.70 for couples. Significantly, it can also lead to the automatic payment of additional support, including the cost of living payments, housing benefit, a council tax discount, help......
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Credit Suisse chairman denies plans to sell or raise capital after mammoth loss

CNBC
by CNBC056
CNBC – For more and to sign up click here Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention to sell or merge the embattled Swiss lender......
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Credit Suisse names Ulrich Koerner as CEO, launches strategic review as losses deepen

CNBC
by CNBC034
CNBC – For more and to sign up click here Credit Suisse on Wednesday announced that CEO Thomas Gottstein would step down as the bank reported a massive second-quarter loss, as poor investment bank performance and mounting litigation provisions hammered earnings. The embattled Swiss bank posted a net loss of......
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Credit Suisse expected to announce Koerner as CEO, latest change at helm – sources

Reuters
by Reuters00
July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) is expected to announce Ulrich Koerner as its new chief executive, the latest management churn at the Swiss bank as it struggles to recover from a series of scandals, two sources familiar with the situation said on Tuesday. Pressure had been......
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Credit Suisse CEO to step down from embattled investment bank, WSJ says

CNBC
by CNBC040
CNBC – For more and to sign up click here Credit Suisse Chief Executive Thomas Gottstein addresses the Finanz und Wirtschaft Forum conference in Zurich, Switzerland, September 2, 2020. Arnd Wiegmann | Reuters Credit Suisse CEO Thomas Gottstein is about to step down from the embattled investment bank, the Wall......
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Credit Suisse eyes more cost cuts, SonntagsZeitung reports

Reuters
by Reuters01
The logo of Swiss bank Credit Suisse is seen at a branch office in Zurich, Switzerland, November 3, 2021. REUTERS/Arnd WIegmann/File Photo Register now for FREE unlimited access to Reuters.com Register ZURICH, July 24 (Reuters) – Credit Suisse (CSGN.S) is considering how it could cut costs further after a dismal......
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‘Burdensome’ credit card swipe fees could add $2.5 billion to back-to-school spending, merchants say

CNBC
by CNBC050
CNBC – For more and to sign up click here Considering the impact of inflation, consumers are spending more on back-to-school supplies — and then some — as retailers pass along credit card fees in the form of higher prices. This year, total back-to-school spending is expected to match the......
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Uniper draws down 2 bln euro KfW credit facility

Reuters
by Reuters00
General view of Uniper’s Bierwang gas storage facility near the Bavarian town of Kraiburg am Inn, Germany, June 10, 2022. REUTERS/Andreas Gebert Register now for FREE unlimited access to Reuters.com Register BERLIN, July 18 (Reuters) – Embattled German gas importer Uniper (UN01.DE), the subject of consultations between the German and......
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