10 credit score truths and myths


If your personal information gets compromised, a thief will open up financial accounts in your name. However, they will not pay the bills, and this will ruin your credit.

Whether bad credit results from the legitimate credit holder’s irresponsibility or from identity theft, your ability to buy a car, rent a nice place, purchase a home or even get employment can be severely stifled.
Continue reading

The Five Greatest Risks to Banks


First and foremost, bankers need to be effective risk managers in a world where forms of risk keep multiplying.

Banks are typically thought of as stable, reliant and dull, or that’s what we would like them to be. Actually, banks are inherently risk managers, as we have now realized in the past five years.
Continue reading