Information transmission a good predictor of credit crisis

The recent credit crisis was preceded by a sharp increase in the transmission of information in the largest derivatives market. Such transmissions can therefore serve as indicators for the instability of the market. A team ...

Numerically-challenged consumers hit in the pocket by loans

(PhysOrg.com) -- Consumers with poor financial skills pay over the odds for loans and are eight times more likely to use highly expensive credit such as payday loans and home credit, new research has revealed.

Researchers find link between personality and credit scores

The use of credit scores as employment screening tools is a hotly debated topic. According to a 2010 poll by the Society for Human Resource Management, 60 percent of surveyed employers conducted credit checks for some or ...

All credit ratings not created equal

At least one of the "Big Three" credit ratings agencies exaggerated credit scores of private debt compared to public bonds during the last 30 years, according to a new study by researchers from Rice University, American University ...

Wisconsin Poverty Report shows anti-poverty programs worked

The third Wisconsin Poverty Report released today (Wednesday, May 4), shows that expanded tax credits and food assistance programs helped shield the state's poorest residents from the worst effects of the recession.

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