How Much Will My Credit Score Increase If Negative Items Are Removed?

You may have experienced financial difficulties in the past that prevented you from settling some of your bills and credit lines. Unfortunately, those hurt your credit score. Now, things may have gone well for you, and you want to get a car loan or move to a new place. However, negative items on your credit …

How Much Will My Credit Score Increase If Negative Items Are Removed? Read More »

Spending Worries?

Census retail sales for May came out today, and they missed the consensus forecast slightly on the downside. But there is another pattern that may be more concerning. Let’s take a closer look at what has been going on with household spending. First, new auto purchases have been an important driver of household spending for …

Spending Worries? Read More »

Are We Headed for a Credit Market Crash?

In a series of speeches, Federal Reserve Governor Jeremy Stein emphasized the importance of financial stability concerns in monetary policy-making. But how does one measure whether threats to financial stability are lurking? Put differently, can we know that there is a credit bubble about to burst? In his speeches, Stein cites the work of two Harvard Business School …

Are We Headed for a Credit Market Crash? Read More »