Bad Credit Can Cost You a Job.

Credit checks have become routine with employers. Six out of ten private employers check the credit histories of at least some of their job applicants, and 13 percent conduct them on all candidates, according to a survey by the Society for Human Resource Management.

Absa earnings buoyed by lower bad debts

JOHANNESBURG (Reuters) - Absa Group, the South African bank majority owned by British lender Barclays, met expectations with a 21 percent rise in full-year profit, after a sharp drop in bad debts helped it overcome weak demand for credit. Like rivals in Africa's top economy, Absa has been hit by slack demand for loans, as companies wait for a recovery. It has responded by trying to rein in costs ...

Bad Credit Loans for Struggling Families

The popular online resource for people with bad credit, ReallyBadCreditOffers.com, has released a new guide for families struggling with high interest credit card debt, detailing strategies to eliminate what they owe and get back on their feet financially. The lending site has created a step by step guide to help families find relief from high interest monthly bills.Fort Lauderdale, FL (PRWEB ...

Pressure mounts on banks to shed bad property loans

LONDON (Reuters) - Europe's banks face growing pressure to offload bad property debt as the economic outlook worsens, capital rules get tougher and private equity firms take a hard-headed approach to the value of loan books bought from lenders like Royal Bank of Scotland. Banks have never fully recognised the true fall in value of property in the wake of the financial crisis, hoping rents would ...

Have a bad credit history? Here's a loan just for YOU!

Just because you have some blemishes on your credit score card or an uneven income stream shouldn't disqualify you from getting a personal loan.