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Aug 29, 2014

S&P snips American Apparel credit rating amid debt concerns

Standard & Poor's Rating Services downgraded American Apparel Inc.'s credit rating amid concerns that the troubled retailer will be forced to restructure its debt... #Standard & Poor's #American Apparel

Aug 27, 2014

S.E.C. Adopts New Rules on Asset-Backed Securities and Credit Ratings

Nearly six years after the financial crisis, regulators have voted to require more disclosure and impose new controls for two sectors of Wall Street that were at the heart of the collapse... #Standard & Poor's #American Apparel

Aug 14, 2014

S&P cuts SeaWorld credit rating amid orca controversy

Standard & Poor's lowered SeaWorld Entertainment's credit rating Thursday amid negative publicity over its treatment of killer whales... #Standard & Poor's #American Apparel

Aug 13, 2014

Leveraged Loans: As Market Settles, Price Flexes Jump In Investors' Favor

The latest sign that the leveraged finance market is hitting the brakes? Price flexes on leveraged loans - where an interest rate or upfront fee on a proposed credit is changed during the syndications process, due to market demand - have shifted dram... #Standard & Poor's #American Apparel

Aug 09, 2014

New FICO criteria could help borrowers

The nation's dominant credit-scoring system is being revised in a way that could save consumers nationwide billions of dollars, especially in qualifying for mortgages, auto loans and credit cards at lower interest rates... #Standard & Poor's #American Apparel

Aug 05, 2014

It's Been 3 Years Since S&P's U.S. Downgrade

It was three years ago that Standard & Poor's made the unprecedented move of downgrading the U.S. credit rating from AAA to AA+... #Standard & Poor's #Charles Brady

Sep 01, 2014

Moody's gives Amityville low credit rating for future bond sale

Moody's Investors Service assigned a low credit rating to Village of Amityville bonds last week, a sign of continued concern about its finances despite shrinking deficits. The agency cited the village's "very weak financial position," limited liquidi... #Standard & Poor's #Charles Brady

Sep 01, 2014

Women business owners still struggle to get bank loans

Women are a growing force in the business world, but if they own a company, they may still struggle to get a loan from a bank. Carrie Charlick and Marcia Cubitt have $4 million in sales but have been rejected for $500,000 credit lines since 2012. The... #Standard & Poor's #Charles Brady

Aug 31, 2014

Small Business: Alternative lenders can offer quick turnaround

When Marlon Davis, owner of Nesberrys in Valley Stream, needed $12,000 to increase storage space and purchase new freezers for his 2-year-old Caribbean ice cream business, he didn't pursue traditional bank financing. Davis didn't have the time to wai... #Caribbean #Utah #Jordan #Brooklyn, NY #Marlon Davis

Aug 28, 2014

A fairer way to judge credit worthiness

A lot of people could get a little more credit where credit is due. FICO, which creates widely used credit score systems, recently announced that its newest version will weigh medical debts less heavily. The update also will ignore any collections, n... #Caribbean #Utah #Jordan #Brooklyn, NY #Marlon Davis