Month: July 2011

How to Keep a Good Credit Score, According to the CFPB

A website to guide U.S. consumers has been launched by the U.S. Consumer Financial Protection Bureau, an agency recently created by the Obama administration as part of its financial reform program. One of the first guides on the website is about keeping a good credit score. The key factors affecting credit scores are: 1.  Payment history. Late payments reduces scores….

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U.S. Home Loans Rose in Volume Despite Reports of Tight Mortgage Processing

Amid complaints that banks have become overly strict in processing home loans, a balance sheet document from the U.S. Federal Reserve showed that home mortgages increased over the five-year period from 2006 to 2010. In the last quarter of 2010, a total of $10.06 trillion were lent by financial institutions for residential mortgages, an increase of nearly two percent from…

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Florida Is Top Honeymoon Destination

Florida topped all other honeymoon destinations in the mainland U.S. in 2010, according to The Knot Inc., a media company focusing on weddings and related services. The state captured eight percent of the U.S. honeymoon market, higher than California’s five percent and Nevada’s three percent. Florida was the top choice of honeymooners because it has the things looked for by…

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