Study Finds No Link Between Bad Credit and Employee Theft

Bad credit can affect your ability to get a job, insurance rates and interest rates you pay, but apparently according to LSU researchers there is no link beteen poor credit and employee theft.

“It was telling that poor credit scores were not correlated to theft and other deviant types of work behaviors,” said Bernerth. “Most companies attempt to justify the use of credit scores because they think such employees will end up stealing, but our research suggests that might not be the case.” 

There is much more here at the link.  If you have questions about how to fix credit give Credit Repair Services a visit for a free credit repair evaluation.

Fix Credit - Auto Dealer Complaints

Second quarter results are in for the Northwest Better Business Bureau and Auto Dealers - New Cars edges out Auto Dealers - Used Cars for a first place finish for Top Complaints for an Industry.
This according to the bureau's website (where the latest data is posted) - it looks like Payment Processors might be able to edge out car dealers this quarter---as they are now in the lead. To round out the list for last quarter:  Payment Processing Service, Auto Repair, and Collection agencies made it into the top 5.

For more on dealing with financing a vehicle purchase you can check out our fix credit program at our fix credit houston website.

Credit Repair Texas - Car Financing

Buy-Here Pay-Here used car lots booming in down economy.  The LA Times is highlighting a profitable nich in the auto business known as Buy Here Pay Here.  "These dealerships focus on people who need cars to get to work, but can't qualify for conventional loans. "They sell aging, high-mileage vehicles at prices well above Kelley Blue Book value and provide their own financing. As lenders of last resort, they can charge interest at three times or more the going rate for regular used-car loans."  There is much more here at the link

Credit Repair Texas is here to help you fix credit rather than use Buy-Here Pay-Here with an industry repossession rates at nearly 1 out of every 4 cars sold.  If you have credit issues give Consumer Credit Capital a call for a free evaluation to see if you qualify for their 5 red flags program.

Credit tightening

.... let's take a look

____________________

Nation's 4 biggest banks cut business lending by $100 Billion since April

While the administration and Congress work to increase bank lending, the nation's four biggest banks have collectively cut their loans to businesses by more than $100 billion over the past six months, according to new federal datareleased on Tuesday.

Bank of America, JPMorgan Chase, Citigroup and Wells Fargo cut their commercial and industrial lending by a combined 15 percent from April to October, representing $100 billion, according to the most recent Treasury Department data. Loans to small businesses are down $7 billion, or four percent.

http://www.huffingtonpost.com/2009/12/16/nations-4-biggest-banks-c_n_394264.html

www.texascreditcapital.com, www.oregon-credit-repair.com, www.consumercreditcapital.net, www.oregoncreditcapital.com, www.creditscorecounseling.com, credit, repair, report, bad, improve, companies, fix, information, services, service, help, software, legal, own, rebuild, dispute, file, credit report, repair credit, credit report, fix bad, auto loan, reverse mortgage, improve credit, credit repair companies, fix credit, credit repair information, credit repair services, credit repair software, legal credit repair, repair own credit, rebuild credit, dispute credit, credit file, foreclosure, short sale, bankruptcy, loan, refinance, Oregon, Portland, Medford, Salem, auto loan, bad credit, car loan, credit, Credit Repair, fico, Fico Score, internal revenue service, irs, New Cars, tax deduction,

FICA Withholdings tell you all you need to know

Credit repair Houston realizes there are no magic tricks or silver bullets to recover from bad credit. In the big picture, until wages get back in line with living expenses, specifically, median home price and median wage then the economy will not recover to the levels we have seen.

Below is a link to data that records FICA Wage withholding in Billions. The data is useful and better than getting platitudes from talking heads and politicians

2008 July 14,186 August 14,244

2009 July 13,714 August 13,569

http://www.fms.treas.gov/mts/mts0809.pdf etc.