Monthly Archives: November 2010

Black Friday: By The Numbers

Black Friday is a great time of the year. It is great for retailer who may finally see a profit after months of operating in the red, and Black Friday is a great time for consumers who are out to buy a bargain. Black Friday is crazy time of the year where the stores areread more

The Great Productivity Killer: Fantasy Football

While many businesses around the country are trying to keep its employees from surfing the internet, updating their status on Facebook, spreading email chain letters, or Tweeting the latest office gossip, many employers are missing one of the biggest productivity killers around. Every Fall, Fantasy Football is responsible for millions of dollars worth of lostread more

Does Getting a New Credit Card Hurt Your Credit Score?

While it may seem like a simple question, the fact of the matter is that there are several different issues that go into determining whether adding a credit card to your portfolio will hurt your credit score or not. There is both a short-term and a long-term consequence to applying for a new credit card,read more

Increasing Mortgage Default Rates Impact Credit Score Calculations

One of the hard realities of the past several years, from a financial perspective, has been the sheer number of defaults and foreclosures that we’ve seen in the home loan market. This has, as you can imagine, had a hugely detrimental impact on credit scores. Defaulting on your mortgage can knock your credit score fromread more

Credit Card or Department Store Card?

If you’re hoping to improve your credit score, one of the things that you need to be especially concerned about is your ratio of debt to your available credit. The fact of the matter is that this simple ratio amounts to about a third of your overall credit score, and is second only to yourread more