Corporate bonds

Electronic trading of US corporate bonds is finally taking off. But it’s still early, says this investor

It’s been about two decades, but e-commerce in corporate bonds has finally made notable inroads into a market long known for its privacy and low-tech methods. According to a new report from the Greenwich Coalition, the growth of the $10.7 trillion electronic corporate bond market in the United States has increased by more than 100% […]

Credit score

6 ways you could be hurting your credit score without realizing it

A friend of mine recently applied for a home loan. When he first filled out the application, his credit score was nearly perfect. Due to its excellent credit rating, some of the closing costs have been reduced. Time has passed and there have been some delays in setting up the loan process. When the lender […]

Credit score

Senator Elizabeth Warren slams bank for possible impact on customers’ credit ratings

U.S. Senator Elizabeth Warren (D-MA) questions Charles P. Rettig, Commissioner of the Internal Revenue Service, during the Senate Finance Committee hearing on The IRS Fiscal Year 2022 Budget, in the office building of the Senate Dirksen in Washington, DC on June 8, 2021. tom williams | Swimming pool | Reuters Wells Fargo’s decision to withdraw […]

Credit score

Why did my credit rating just drop? 6 common reasons

Your three-digit credit score can mean the difference between being approved for a new financial product with solid terms and being stuck with sky-high interest rates — or worse, turned down outright. It can therefore be extremely frustrating to think that you are doing well financially, only to find that your score has dropped. Credit […]

Credit score

If this bill passes, the government could determine your credit score

Image source: Getty Images Three reporting bureaus establish consumer credit scores. But that could change. Your credit score is not just a random number. Rather, it is calculated based on several factors that explain how you manage your credit and debt. Specifically, your credit score is based on your: Payment history: how well you pay […]