Saturday, August 16, 2008

Credit Cards and Credit Scores 101... (4)

Being money the essence of business success, business failure and... bankruptcy, talking about the financial industry and particularly what a bank does in terms of doing its core business (lending other's money) and managing an underlying risk (credit risk) of not being paid, without ignoring the current difficult times the global financial industry is dealing with because of the mortgage crisis, credit crunch and the negative results it has caused on many banks, the public should be financially aware about the importance of having a good credit score; in this regard, How a credit score is determined? Let's watch...

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