Mellody Hobson is talking to us about a troubling new report on how our credit scores are used. Mellody: We all know that our credit score…
Mellody Hobson is President of Ariel investments, a Chicago-based money management firm that serves individual investors and retirement plans through its no-load mutual funds…
Credit scoring is an imperfect science. In essence, it’s about estimating how likely someone is to pay back money borrowed based on their history of doing…
While we were on break, a story broke about credit that blew my mind. Brace yourself for this: Watch the company you keep, because your…
CNN reports, credit rating agency Standard & Poor’s on Friday downgraded the credit rating of the United States, stripping the world’s largest economy of its prized AAA status. In July, S&P placed the United States’ rating on “CreditWatch with negative implications” as the debt ceiling debate devolved into partisan bickering. To avoid a downgrade, S&P […]
Casey Anthony was sentenced to four years in jail on four counts of lying to police. The sentence will include the time served. Casey Anthony received the maximum sentence of 1 year in jail and a $1,000 fine for each of the four charges she was convicted of Tuesday. After time served and time off […]
