Auto sales to prosper as loan requirements are relaxed

Apr 28, 2011 Todd Milner

The auto sales industry is poised for recovery, according to George Magliano of the economics organization IHS Global Insight, as reported by CNN.In a recent presentation, Magliano predicted that auto sales would total 14.7 million in 2012


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The importance of protecting personal data

Apr 28, 2011 Brian Bradley

One of the most important aspects of protecting one's identity is to make sure that documents never end up in the wrong hands. Having personal information about someone can be extremely valuable to people who know how to use it to sign


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FICO fights strategic defaulters with analytic models

Apr 28, 2011 Brian Bradley

FICO, the Minneapolis-based credit-scoring and analytics company, is attempting to combat strategic defaulting by mortgage lenders, according to MinnPost.Strategic defaulting is the phenomenon whereby borrowers who have the capacity to make


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Credit score is an important factor in refinancing car loans

Apr 28, 2011 Brian Bradley

Credit unions and some banks are promoting the idea of refinancing auto loans in order to reduce rates, but the savings could be negligible, according to the Belleville News Democrat.Hank Risley, senior vice president of retail lending for


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Class action lawsuit claims financial data provider using misleading statistics

Apr 27, 2011 Brian Bradley

One of the most important aspects of any consumer's financial well-being is his or her credit score. The score can play a critical role when determining whether a person is able to obtain credit, during a background screening process for


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