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Improve Your Credit Score (Forbes)
What you thought was a good FICO score could keep you locked out of getting a loan. Here's what to do.
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Big 3 Loan Requests Rise To $34B (ClickOnDetroit)
Humbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a bailout as large as $34 billion Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline.
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Ford asks Congress for $9B line of credit (AP via Yahoo! News)
Ford Motor Co. is asking Congress for a $9 billion "stand-by line of credit" to stabilize its business, but says it doesn't expect to tap it.
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What Do You Mean We Owe $2,000 on Your Credit Card? (WallStreet Journal via Yahoo! Finance)
Neal Templin on the marital-harmony component of his and his wife's financial decision-making arrangement.
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Ford Motor Asks Congress for $9 Billion Credit Line (Update5) (Bloomberg)
Dec. 2 (Bloomberg) -- Ford Motor Co. asked Congress for a credit line of as much as $9 billion, saying it expects to break even or be profitable before taxes in 2011.
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Strong Sales Spark Car-Mart (The Morning News)
SPRINGDALE -- Cash-strapped consumers shut out of the new car market helped to push America's Car-Mart Inc. profit up nearly 12 percent in the quarter ending Oct. 31.
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Ford tells Congress it may not need loan; GM worse off (The Pantagraph)
WASHINGTON, D.C. -- Humbled and fighting for survival, Detroit's once-mighty automakers appealed to Congress with a retooled case for a huge bailout Tuesday, pledging to slash workers, car lines and executive pay in return for a federal lifeline. GM said it wouldn't last till New Year's without an immediate $4 billion and could drag the entire industry down if it fails.
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Car sales plunge, slowdown spreads (Stuff)
The US car industry has been hammered again as US monthly sales plunged nearly 37 percent to the lowest level since 1982 and the slump spread to Europe and Asia, forcing carmakers to slash production.
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November car sales slide shows auto crisis worsening (Reuters via Yahoo! News)
Car makers reported tumbling sales across Asia and Europe Monday as the recession drove buyers from showrooms and drew a warning of more gloom for next year.
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Credit Unions stand strong: Lending activity takes business as usual approach (Traverse City Business News)
TRAVERSE CITY - You didn’t read much about credit unions during the financial meltdown. That’s because they weren’t making much news. But now, the more conservative siblings to banking institutions are making headlines – for the money they stand ready to lend.
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