Auto lenders use FICO scoring tool

Mar 16, 2011 Brian Bradley

Auto lenders use FICO scoring tool

The auto industry is moving to adopt the FICO 8 Auto Score, with a majority of the top 35 lenders already moved or planning to move to the scoring system by May, FICO recently announced.Additionally, nearly 18,000 franchised dealers and most


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Florida is ground zero for identity theft

Mar 16, 2011 Brian Bradley

Florida is ground zero for identity theft

Florida is known for many things - sunshine, no individual income taxes, oranges- but according to one recent survey it's also home to the nation's largest number of identity theft victims.A report from Life Lock stated that in 2009


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Colorado moves forward with credit union cap increases

Mar 16, 2011 Brian Bradley

Colorado Senator Mark Udall is moving forward with a bill that will help the alternative credit industry, the Summit Daily News reports. The Colorado senior senator will introduce a bill that will raise the caps on credit union lending, which


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Texas lawmakers seek short-term financing legislation

Mar 16, 2011 Todd Milner

One Texas lawmaker seeks to introduce new legislation that would place limits on the state's short term lending industry, the Fort Worth Star-Telegram reports. State Representative Vicki Truitt, who is the chairwoman of House Pensions, Investments


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Small business financing opens under incentive program

Mar 16, 2011 Todd Milner

Small business owners have been encouraged to seek out financing to expand their businesses or explore new ventures, thanks in part to tax breaks and other credit enhancements under the Small Business Jobs Act.The law temporarily allows for


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