Articles
Credit scores of more Americans sink to new lows
Category: Business Written by Associated Press
by Eileen AJ Connelly
NEW YORK (AP)—The credit scores of millions more Americans are sinking to new lows.
Figures provided by FICO Inc. show that 25.5 percent of consumers—nearly 43.4 million people—now have a credit score of 599 or below, marking them as poor risks for lenders. It’s unlikely they will be able to get credit cards, auto loans or mortgages under the tighter lending standards banks now use.
Because consumers relied so heavily on debt to fuel their spending in recent years, their restricted access to credit is one reason for the slow economic recovery.
“I don’t get paid for loan applications, I get paid for closings,” said Ritch Workman, a Melbourne, Fla., mortgage broker. “I have plenty of business, but I’m struggling to stay open.”
Last Updated on Monday, 03 December 2012 19:28
Hits: 937
Think big
Category: Business Written by Farrah Gray
(NNPA)—You can’t drive a car by looking down at the road. If you want to do more than just take direction, then think bigger, look out ahead, figure out what you need to build a sustainable process and start building it.
A business idea is a prerequisite for a successful business venture. Good business ideas, however, do not usually just occur to an entrepreneur. Rather, they are the result of effort and often creativity on the part of the entrepreneur.
Finding a good idea is the first step in transforming the entrepreneur’s desire and creativity into a business opportunity. There are several sources of good ideas.
Last Updated on Monday, 03 December 2012 19:28
Hits: 1324
Business Calendar
Category: Business Written by Courier Newsroom
Business institute
JULY 14—The African American Chamber of Commerce of Western Pennsylvania Business Institute will host “How to Do Business With Allegheny County Economic Development” from 8:30-11 a.m. at the Regional Enterprise Tower, 425 Sixth Ave., 7th floor, Downtown. The workshop will highlight the Allegheny County Economic Development initiatives for the county. Representatives will present their structure, requirements for doing business and their process of notifications for bids. There will also be professional service bids. Registration is requested by July 12. For more information, call 412-392-0610 or e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. .
Financial
Last Updated on Monday, 03 December 2012 19:28
Hits: 1126
What’s the best way to attack my debt?
Category: Business Written by Damon Carr
Things are not good today. We’re experiencing several financial problems. Did you ever discuss how to pay off credit cards? If so, I missed it. I’ve been making payments every month. The bills keep rolling in. It appears that the balances are going up instead of going down. I’m being charged over the limit fees almost every other month and I’m not actively using these credit cards. I was considering consolidating my debt. Can you give me some ideas on the best way to attack this debt?
Signed, Female trying to get the “Debt Monkey” off of her back.
Last Updated on Monday, 03 December 2012 19:28
Hits: 1225
Table games mean new jobs at casino
Category: Business Written by Christian Morrow - Courier Staff Writer
Courier Staff Writer
When David Johnson, Jason Session, Debra Walker and Ava Floyd celebrated receiving their diplomas as graduates from dealers school out side the Rivers Casino last month, it marked the end of weeks of daily classes, eight hours a day. But it was worth it because they knew they were just weeks away from saying, “shuffle up and deal.”
They are among the 458 employees being added to the Rivers Casino staff to serve clients at its 86 new table games, which—if test runs meet Pennsylvania Gaming Control Board criteria, will being operating at 6 a.m. July 8.
| NEW DEAL—Graduates David Johnson, Jason Session, Debra Walker and Ava Floyd pose during a July 1 ceremony outside the Rivers Casino.
|
Last Updated on Monday, 03 December 2012 19:28
Hits: 2535
More Articles...
Subcategories
Trending Topics
Digital Daily Signup
Sign up now for the New Pittsburgh Courier Digital Daily newsletter!
