Microloans can build credit for small businesses

Apr 01, 2011 Todd Milner

Microloans can build credit for small businesses

Small business owners with poor credit may be able to improve their scores by securing a microloan or other form of short-term financing, Inc. magazine reports.A small loan that ranges from $500 to $35,000 may be well-suited for companies with


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FTC releases Fair Debt Collection Practices Act report

Mar 31, 2011 Kyle Duncan

The Federal Trade Commission recently unveiled its annual Fair Debt Collection Practices Act report to Congress, summarizing the top consumer complaints received in 2010.The number of complaints received by the FTC regarding third-party debt


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Maryland moves to limit employer credit checks

Mar 31, 2011 Matt Roesly

Maryland moves to limit employer credit checks

A bill under consideration in Maryland would limit how employers use applicants' credit reports and histories when determining job eligibility, The Associated Press reports.The state House of Representatives recently voted to pass the bill,


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Results of Japan quake could cost US more than 5 million cars

Mar 31, 2011 Brian Bradley

Japanese auto makers are facing an industry-wide crunch as the after-effects of the March 11 earthquake and tsunami have brought assembly lines throughout the country to a standstill. That pause could have serious ramifications on the American


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Memphis group reaches out to unbanked

Mar 31, 2011 Todd Milner

Memphis group reaches out to unbanked

Thousands of residents in Memphis, Tennessee, are "unbanked" - they don't have a bank or credit union account - and one local group is working to increase their financial literacy.Roughly 96,000 households are unbanked in the


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