Wednesday, October 05, 2005

Wednesday Reversal

I'm sure that John Henry would remind us that Wednesday is the most significant 'reversal day' on the stock market (really). So it must be in Chicago also, with the Battle of the Crafty Lefties. Will it be Wells Swell or Buehrle's ' Hub Reels' (almost a clever anagram, eh)?

The Red Sox threw the playoff-starved Pale Hose a bone yesterday, massively building up their overconfidence after a five year drought. So the Chicagroan's (pun intended) have the home field advantage, better starters, and a more consistent bullpen. They don't have no stinking trophy do they?

The football guys always have their 'Auto Dealer' keys to the game. Why use auto dealers, especially U.S. ones, that are finance companies that loan people money to buy cars to pay off pensions because the car sales don't make any money? Well, baseball is simpler-score more runs than they do, win game. Ugh. Cave Man get on base and Surfer Dude hit him in, Red Sox win.

Could the Red Sox come back from a two-game deficit if they struggle tonight? A Supreme Court nominee who knows the most brilliant man in the World would say 'No'. Jeff Jacoby would surely say 'No'. Nancy Reagan would clearly 'Just Say No'. Let's not have to find out.

88 comments:

Anonymous said...

http://www.2jump2.com/x.php?a3 I know what I like and I like it very much Have a laugh on me

rdsx said...

so i just bought this new dvd on line at cityofchampionsdvd.com and i still cna't believe how great it is. the red sox, bruins, pats---everybody's in it. great local music too for background sound, no boring documentary talk that puts you to sleep. this dvd pumps you up for the game!

Anonymous said...

I love cars....Paid to drive thing is pretty popular on the internet nowadays. How would you like to make money driving your OWN car or better yet get one for FREE in UK. Checkout this website and you will know what i mean....Paid to Drive in UK

Anonymous said...

Great Blog! I would like to let your readers know about a site that can give them a FREE Instant Auto Loan Quote. Just Enter Your Zip Code!
You can check it out at:
FREE AUTO LOAN QUOTES

Anonymous said...

Informative blog you have here. Here is mine shopping center mall

Anonymous said...

If you are looking to change the look of your emails from plain white with black text to a colorful, eye-catching, attention grabbing email, OnLetterhead is the product for you. Go from "White" to "Wow" with one click!

With "OnLetterhead's "Ease of Send & Setup" (EOSS) technology, all the work is done before you type your message! Just click and send and see the results a branded difference can make.

**Marketing Strategies for the Future**

Goodman441 said...

Hey! I found a great new site for loans and credit card information, Please visit it when you can, You will be glad you did!! Go here now! http://www.loanofficial.com

Anonymous said...

Interesting site you have oncaravan parks for sale uk. Can I interest your readers in my site oncaravan parks for sale uk

ld163 said...

Hi, As you are probably aware, there are so many junk filled blogs. As I was searching for title loan related information today, it was a nice break from the 'usual' to come across your blog. I am happy I searched for title loan related ideas and share with you today. Thanks,John.

Anonymous said...

Hi, just came across your business loan. What a great site. I also have a site relating to the business loanniche that I think your readers would be interested in. Go and check it out!!

Anonymous said...

So you need a uk secured loan company

Get a uk secured loan company at Easy Loans UK

Anonymous said...

So you need a cheapest loan uk

Get a cheapest loan uk at Easy Loans UK

Anonymous said...

You should check cars.com

Anonymous said...

You should check cars.com

Anonymous said...

You should check cars.com

Anonymous said...

You should check cars.com

Anonymous said...

You should sell cars.

Car Man said...

You should sell cars.

http://www.debt-consolidation.com said...

Debt Management, Consolidation Loans & Elimination Programs

It's time to do something about your debt. Millions of Americans have a wallet full of credit cards--plus expensive personal loans, auto loans, second mortgages and more. you're tired of paying 10%, 15%, 19% and more on your credit cards, auto loans, personal loans and other types of credit, today is the day to wipe the slate clean and start over. A debt consolidation loan can lower your interest rate, combine all your accounts into just one convenient monthly payment and give you some extra breathing room in your budget. You'll save money now - and at tax time too (be sure to consult your tax advisor for details.)

With mortgage interest rates the lowest they've been in decades, now is the perfect time to refinance your home and pay off all those nagging bills. You can count on America's Lending Partners FREE service to help you lower your interest rate, pay off those nagging bills and cut your monthly payments by as much as $300, $450, even $500 or more.

Start your request at left. Then, we'll match your profile with our nationwide network of lenders. You'll get up to 4 great offers from some of the most prominent and respected refinance debt consolidation lenders in America...each presenting their absolute best loan offer to win your business

Do not wait any longer; now is the time to take charge of your debt situation. Feel free to brows our site for more information, or for a free, no obligation debt quote, fill out a quick response form on your left, or click here for a free debt quote.




If your in debt... you're not alone. Today, millions of Americans are having difficulty paying their debts. Most of those in financial distress are middle income families with jobs who want to pay off what they owe.

Now is the time to act! Doing nothing can lead to much larger problems.

CLICK HERE FOR A FREE DEBT QUOTE. ONE OF PARTNERS WILL CONTACT YOU TO DISCUSS A PERSONAL DEBT SOLUTION THAT WILL FIT YOUR NEEDS.

Free Loan Request - Get Up To 4 Loan Offers!

**** You must own a home to qualify for this service. ****

Credit Center said...

I just came across your blog and wanted to drop you a note telling you how impressed I was with the information you have posted here.
I also have a web site & blog about credit cards for bad credit so I know what I'm talking about when I say your site is top-notch! Keep up the great work!

Ivy said...


mall Over 10,000 of the Best Internet Resource. mall

Business to Business -
Education -
Industrial -
Management -
Promotion -
Publishing -
Reports -
Web Design

Computing & Internet -
Banner Design -
Browsers -
Domains -
Email Services -
Graphics -
Network Administration -
Programming -
Site Design -
Screensavers -
Web Hosting

Health & Fitness -
Addiction -
Alternative -
Beauty -
Cooking & Recipes -
Diet -
Fitness -
Medicine -
Mental Health -
Nutrition -
Remedies -
Spiritual Health -
Womens Health

Home & Family -
Cooking & Recipes -
Crafts -
Family Tree -
Garden -
Home Improvement -
Kids -
Marriage -
Parenting -
Pets -
Real Estate -
Students & School

Fun & Entertainment -
Astrology -
Games -
Hobbies -
Humor -
Magic -
Music -
Novels & eBooks -
Psychics -
Screensavers -
Tarot

Marketing & Ads -
Banners -
Consulting -
Classifieds -
Ezines -
How To's -
Promotion -
Resources -
Submitters

Money & Employment -
Debt -
Education -
Entrepreneur -
Finance -
Home Business -
Investment -
Jobs -
Management -
Real Estate -
Resume -
Self Employment

Society & Culture -
Charity -
Fine Arts -
Investigation -
Language -
Law Enforcement -
Love & Romance -
Philosophy & Religion -
Politics & Government -
Science -
Shopping -
Travel

Sports & Recreation -
Autos -
Casino -
Extreme -
Golf -
Horseracing -
Outdoor -
Sports-picks -
Team Sports -
Training

Car Loans Home said...

Hi Thanks for your interesting blog. I also have a blog/site, covering car loan quick
related stuff. Feel free to visit my car loan quick
site.

Mortgage Center said...

I just came across your blog and wanted to drop you a note telling you how impressed I was with the information you have posted here.
I also have a web site & blog about mortgage uk
so I know what I'm talking about when I say your site is top-notch! Keep up the great work!

Anonymous said...

http://www.debtspaidoff.com

Paul Adams said...

Congratulations Friend for your excellent blog on business templates!Keep up the good work!
If you have a moment, please visit my site:
business templates
I send you my warm regards and wish you continued success.
Have a nice day! :-)

Anonymous said...

Christmas is just around the corner. No time to go to the mall...then do your shopping online. We sell everything that the mall sells. Shop today!

scommesse online said...

An extraordinary blog. Continue to keep it up to date. No better time than now to stop on this website about giochi scommesse . You'll find only giochi scommesse

Monique said...

Great blog. Keep up the good work. I also like auto car loan websites. Some of my favorites.

Gus Skarlis said...

Know anyone who is looking to buy a vehicle or Car Max save them thousands.


Car Max

Jake said...

It's time for bed, but had to make this last post. Good stuff.
atlanta car loan

James Baker said...

I was just searching blogs,and I found your site, Friend! I like it!
Please accept my compliments and wishes for your happiness and success.
If you have a moment, please take a look at my site:
home equity loan current rates
It pretty much covers home equity loan current rates related issues.
All the best!

Ophelia said...

I have, like 3 minutes, to type this, but I just wanted to say thanks for the good blog. I like to search for different things on the net. My boredom led me to search for auto loan the other day, and it led me to to total obscurity. Never know about he SE's.

Debt Resources Services said...

If you struggle with bad credit, credit card debt, or are facing bankruptcy, our bankruptcy/dect counselling resources can help you understand your finances better and help you improve your financial standing. If your site is of simmilar interest contact me and link sites.
Debt Resources Services.

Debt Resources Services said...

With personal debt in the US at an unprecidented level, the good news is that help is at hand for those carrying the burden, in the form of the US Debt Help Manual, produced by the (PRWEB) October 2005__The US Debt Help Manual, produced by The Debt Counsellors. is a free, no_nonsense guide.
If your site is of similar interest contact me and link sites.
Debt Resources Services.

Anonymous said...

Many reputable debt management companies can help you deal with your debt problems. You can work with a credit counsellor to create your own plan to pay off bills.
business debt help
Debt Resources Services.

joel said...

Online debt consolidation information is availiable through many internet sources that specialize in assisting many American households in managing or eliminating their outstanding debt.
irs tax debt settlement help settlement
Debt Resources Services.

Debt Resources Services said...

Debt elimination services can help consumers who have more debt than they can manage look into options of reducing or negating that debt. When searching for debt elimination, consumers should seek an agency that offers debt counselling and guidance based on an individual's unique circumstance.
If your site is of similar interest contact me and link sites.
Debt Resources Services.

Debt Resources Services said...

Online debt consolidation information is availiable through many internet sources that specialize in assisting many American households in managing or eliminating their outstanding debt.
If your site is of similar interest contact me and link sites.
Debt Resources Services.

Anonymous said...

Debt elimination services can help consumers who have more debt than they can manage look into options of reducing or negating that debt. When searching for debt elimination, consumers should seek an agency that offers debt counselling and guidance based on an individual's unique circumstance.
tax debt help
Debt Resources Services.

joel said...

Online debt consolidation information is availiable through many internet sources that specialize in assisting many American households in managing or eliminating their outstanding debt.
credit card debt help
Debt Resources Services.

Jason said...

All I can say is this is a informative blog site! The other half and I just got back from our friends house (well actually my friends house) and I needed a HUGE break. I am working on a project right now that is based on consolidation debt help.info service. I have literally been on-line for 5-6 hours doing research. Even though your blog really isn�t on the same page as consolidation debt help.info service I am certainly happy I came across your blog. There are a ton of very good view points on this blog. Well I think I can here the kids calling for me in the background. I put you in my web favorites and I will certainly come back and visit. If you want to take a peek at my site you can find me here at consolidation debt help.info service. I update my site frequently. Again, great job with this blog and I will be back again soon!

TimA said...

Well I have a vacation day this week and what better way to spend it surfing through blogs! I actually do this a ton to get ideas for my own blog. It seems that you keep your blog up to date and get some very good posts from users all over the place. If you don�t mind I added you to my favorites and you may want to grab my url and do the same. I am a busy dad but I do try to keep my site up to date with useful information and articles for you to read. Well back to surfing. Have a great day and thanks again from, non profit debt consolidation service

Paul Adams said...

Hey Fellow, you have a great blog here! I have a web
site & blog about whole sale adult dvd.
Yours is top-notch!
If you have a moment, please visit my site
whole sale adult dvd
I wish you all the best!

Payday Cash Advance said...

Senza dubbio conoscete che cosa sta accendendo.Truly, Tameika american payday advance

Shawn T Lippert said...

Thank you for the informative blog
Here Is some additional
Job Search Resources for Jobs if you or your readers are interested.

sweetSteve said...

Sad to say I just got back from a dart tournament and decided to log in and do some surfing. I love your blog. It had some very good laughs. I am doing a paper on equity loan second mortgage and have been downloading information for the last two hours. I don�t know how I came across your blog but I am sure glad I did. It has set me back a little because I have spent the last 2 hours reading your archives. If you don�t mind I would like to add you to my favorites so I can back again and read some more. Well I need to get back to equity loan second mortgage. I am almost finished with it. Great job.

p.s some great points on your site

ScottyH said...

I was expecting something different when I visited your blog. Well I think the information on this blog is great. I have my own blog and I wish I got half as many comments as your blog does. Anyways, I am a fill in teacher at a local high school and I am always doing research on various areas of interest. This weeks topic relates 85% to your blog. I already bookmarked you for future use. If you want to exchange information I will leave my link at the bottom of this. If you don�t mind I will add my 2 cents to this blog topic once in awhile. Although most of the time I just like to read and see what other people�s thoughts are! (hey I am a teacher!)
Thanks again!equity loan second mortgage.

Anonymous said...

Your blog is creative, Keep up the great work. Here's the secrets a lot of people are searching for; home mortgage guide http://thehomemortgageguide.com Need Information on purchasing a home? home mortgage guide

Anonymous said...

I was looking for information on and it's amazing
how much crap there is out here and a lot harder to find the good stuff. Anyway
searching for , I came accross your site, not exactly what
I was looking for, but what a read. Thanks.

credit card debt consolidation said...

Hello, I'm just a retiree from Montana surfing around the net and looking for
interesting blogs. Came across your blog and thought I 'd say hi. Looks like
you've got the hang of this blogging thing.

Regards,
Carl


canadian debt consolidation

Shawn T Lippert said...

Thank you for the informative blog
Here Is some additional Loan resources for
Loans if you or your readers are interested

James Baker said...

Hi Blogger! I like your blog! Keep up the
good work, you are providing a great resource on the Internet here!
If you have a moment, please take a look at my site:
125 equity line of credit
It pretty much covers 125 equity line of credit related issues.
Best regards!

Anonymous said...

Hi Blogger! I like your blog! Keep up the
good work, you are providing a great resource on the Internet here!
If you have a moment, please take a look at my site:
credit equity home line rate
It pretty much covers credit equity home line rate related issues.
Best regards!

William said...

great job on the blog, I really like it and look forward to some more awesome postings. I have a website you might like


cash advance payday loan

Womens Health News said...

Hi,
I was searching through Blogger to see if I can find some information on Medical Information. I stumbled on your blog, as this was not quite what I was looking for about Medical Information. I did however read your blog and found it quite interesting, keep up the good work and hopefully I will visit it again.
Regards,

James Baker said...

Hey Fellow, you have a great blog here! I have a web
site & blog about best loan rates and washington.
Yours is top-notch!
If you have a moment, please visit my site
best loan rates and washington
I wish you all the best!

cash advance loan said...

Sometimes life lets you down and you need a cash advance loan . I dont recomend this. I would recomend learning to manage your money a little better. There are a lot of great sites on how to manage your money. If you need some money right now and you dont have a choice visit.. http://cashadvance444.com/ .. cash advance loan

Waste your money and your only out the money but waste your time and you waste a part of your life...

Anonymous said...

http://broker-florida-mortgage.blogspot.com/Choosing The Right Mortgage For You.

James Baker said...

Congratulations Friend for your excellent blog on rates for home equity loans!Keep up the good work!
If you have a moment, please visit my site:
rates for home equity loans
I send you my warm regards and wish you continued success.
Have a nice day! :-)

alberthaanstra said...

Hi Blogger! Ik ben op zoek naar een lening Zou Afab echt zo goed zijn als iedereen beweert? Of kan ik beter zoiets als Geldshop proberen?

Groetjes Albert

Paul Adams said...

I was just searching blogs,and I found your site, Friend! I like it!
Please accept my compliments and wishes for your happiness and success.
If you have a moment, please take a look at my site:
quick home equity loans
It pretty much covers quick home equity loans related issues.
All the best!

Paul Adams said...

I was searching blogs,and I found your site.Please,
accept my congratulations for your excellent work!
If you have a moment, please visit my site:
salary sacrifice home equity loan
It pretty much covers salary sacrifice home equity loan related issues.
Have a good day!

Car Loan Home said...

Hi, Thanks for your interesting blog. Keep up the great work! I also have a site & blog about car loan minneapolis
, please feel free to visit.

Anonymous said...

�Cu�l es la mejor manera de ir con esto?Compliments, Morgan undergraudate college loans

Joe Berenguer said...

Hi Friend! You have a great blog over here!
Please accept my compliments and wishes for your happiness and success!
If you have a moment, please take a look at my site:
mortgage with two credit lines
It covers mortgage with two credit lines related subjects.
Have a great day!

Paul Adams said...

Hi Fellow! I was just searching blogs,and I found your site! I like it!
If you have a moment, please visit my site:
best personal loan rates uk
It covers best personal loan rates uk related contents.
All the best!

Joe Berenguer said...

I was searching blogs,and I found your site.Please,
accept my congratulations for your excellent work!
If you have a moment, please visit my site:
debt consolidation loans management
It pretty much covers debt consolidation loans management related issues.
Have a good day!

Anonymous said...

This blog ##TITLE## is a great place for Divination. Thanks ##NAME##.

Mortgage repayment calculator uk said...

It's amazing how these rappers get a rise out of making people react, which is why they write
about the songs they do. They know it's going to get people talking and get a buzz going about
them, but do they care? No way, it's all about the sales and it makes the sales go up when they
make it in the news and have these public groups show up outside concerts and such. If people
would just not feed into the controversial, the sales would probably go down. But then I guess
there would be no one to shock anymore, right? Hehe. Mortgage repayment calculator uk

Joe Berenguer said...

Hello Friend! I just came across your blog and wanted to
drop you a note telling you how impressed I was with
the information you have posted here.
I also have a web site & blog about united air lines credit union so I know I'm talking
about when I say yours is top-notch! Keep up the
great work, you are providing a great resource on the Internet here!
If you have a moment, please visit my site united air lines credit union
Best success!

Joe Berenguer said...

Hi Blogger! I like your blog! Keep up the
good work, you are providing a great resource on the Internet here!
If you have a moment, please take a look at my site:
high risk debt consolidation loans
It pretty much covers high risk debt consolidation loans related issues.
Best regards!

Paul Adams said...

Hi Blogger! I like your blog! Keep up the
good work, you are providing a great resource on the Internet here!
If you have a moment, please take a look at my site:
consumer debt consolidation loans
It pretty much covers consumer debt consolidation loans related issues.
Best regards!

Anonymous said...

Hi, I was looking for information in reguards to the new bankruptcy laws
on and read your site. Not exactly what I needed but it
drew my attention. Many people get into trouble with and the new
laws may not help them the way they expect. Anyway thanks for the read.

Joe Fast said...

I have just bookmarked you,Top Blog! Finding the right Home Equity or Refinance Loan can be quite frustrating. I found 2 sites that make the process quite painless. Centex Home Equity & http://www.findlowermortgagerates.info

Joe Berenguer said...

I just came across your blog and wanted to
drop you, Blogger, a note telling you how impressed I was with
the information you have posted here.
If you have a moment, please visit my site:
us savings bond values
It covers us savings bond values related contents.
I send you warm regards and wish you continued success.

bleeder said...

I really must say this is one of the most beneficial blogs I have ever come across. I am not just saying that to kiss up to you! I am doing a research paper for my master degrees and spent the last 10 hours (and 12 cups of coffee) researching this area topic. So many blogs have generic information but yours is different. I can actually apply some of this information to my works. No worries I will give you credit in my references. I took it upon myself to put you in my favorites and will visit back to let you know how my grade ends up. Many thanks!debt consolidation defaulted student loan.

Anonymous said...

hello ##name##. Living in CA , we are always looking for ways to save us some money on any home in the south.no interest loans if you know of a website or relaible business that can help us, please let us know.no interest loans
thanks

Anonymous said...

hello ##name##. Living in CA , we are always looking for ways to save us some money on any home in the south.mortgage if you know of a website or relaible business that can help us, please let us know.mortgage
thanks

kerry said...

good to see a blog dealing with credit card issues. Credit cards are a necessity in Western Life. Sadly they can be one of our biggest liabilities. I have a site dealing with credit card management. You might like to take a look

Anonymous said...

After spending so much time looking for , I just have to
say thanks for the post. A isn't always easy to find
the best information on. Anyway, thanks again.

Money said...

Hi Blogger,

I came across your website and am amazed by its professionalism. I would like a site with the same sort of structure. Can you let me know if I can get more details via email please?

Regards,
money make fast online

Start said...

Hello,I came across your webblog and am amazed by its professionalism.. I would like a blog with the same sort of structure.. Can you let me know if I can get more details via email please?? online money make fast

Anonymous said...

Hi, I was looking for information in reguards to the new bankruptcy laws
on and read your site. Not exactly what I needed but it
drew my attention. Many people get into trouble with and the new
laws may not help them the way they expect. Anyway thanks for the read.

Anonymous said...

With all the new laws implemented on bankruptcy, I've been reading
about all the latest on and ended up on your site. It's interesting to
see how Big Business supports getting into debt with a and
how the government itself gets farther into debt. Yet no one wants to take
responsiblity for it. (enough ranting) Thanks this was an interesting read.

Anonymous said...

I was looking for information on and it's amazing
how much crap there is out here and a lot harder to find the good stuff. Anyway
searching for , I came accross your site, not exactly what
I was looking for, but what a read. Thanks.

creadit repair services said...

Hi, I have seen all very good Debt Consolidation websites, but www.debt1consolidation.com is the one that saved my bum.. :) I am so happy to be out of debt! Sarah Lee, Usa.

credit report repair said...

Hi, I have seen all very good Debt Consolidation websites, but www.debt-consolidation.com is the one that saved my bum.. :) I am so happy to be out of debt! Sarah Lee, Usa.

Anonymous said...

Debt Consolidation
Debt1consolidation.com entails taking out one loan to pay off many others. This is often done to secure a lower interest rate secure a fixed interest rate or for the convenience of servicing only one loan.

Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, which is most commonly a house (in this case a mortgage is secured against the house.) The collateralization of the loan allows a lower interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale (foreclosure) of the asset to pay back the loan. The risk to the lender is reduced so the interest rate offered is lower.

Sometimes, debt consolidation companies can discount the amount of the loan. When the debtor is in danger of bankruptcy, the debt consolidator will buy the loan at a discount. A prudent debtor can shop around for consolidators who will pass along some of the savings. Consolidation can affect the ability of the debtor to discharge debts in bankruptcy, so the decision to consolidate must be weighed carefully.

Debt consolidation is often advisable in theory when someone is paying credit card debt. Credit cards can carry a much larger interest rate than even an unsecured loan from a bank. Debtors with property such as a home or car may get a lower rate through a secured loan using their property as collateral Then the total interest and the total cash flow paid towards the debt is lower allowing the debt to be paid off sooner, incurring less interest. In practice, many people are in credit card debt because they spend more than their income. If that habit continues, the consolidation will not benefit them much because they will simply increase their credit card balances again.

Because of the theoretical advantage that debt consolidation offers a consumer that has high interest debt balances, companies can take advantage of that benefit of refinancing to charge very high fees in the debt consolidation loan. Sometimes these fees are near the state maximum for mortgage fees. In addition, some unscrupulous companies will knowingly wait until a client has backed themselves into a corner and must refinance in order to consolidate and pay off bills that they are behind on the payments. If the client does not refinance they may lose their house, so they are willing to pay any allowable fee to complete the debt consolidation. In some cases the situation is that the client does not have enough time to shop for another lender with lower fees and may not even be fully aware of them. This practice is known as predatory lending Certainly many, if not most, debt consolidation transactions do not involve predatory lending.

In the United States, federal student loans are consolidated somewhat differently, as federal student loans are guaranteed by the U.S. government. In a federal student loan consolidation, existing loans are purchased and closed by a loan consolidation company or by the Department of Education (depending on what type of federal student loan the borrower holds). Interest rates for the consolidation are based on that year's student loan rate, which is in turn based on the 91-day Treasury bill rate at the last auction in May of each calendar year.

Student loan rates can fluctuate from the current low of 4.70% to a maximum of 8.25% for federal Stafford loans 9% for PLUS loans. The current consolidation program allows students to consolidate once with a private lender, and reconsolidate again only with the Department of Education. Upon consolidation, a fixed interest rate is set based on the then-current interest rate. Reconsolidating does not change that rate. If the student combines loans of different types and rates into one new consolidation loan, a weighted average calculation will establish the appropriate rate based on the then-current interest rates of the different loans being consolidated together.

Federal student loan consolidation is often referred to as refinancing, which is incorrect because the loan rates are not changed, merely locked in. Unlike private sector debt consolidation, student loan consolidation does not incur any fees for the borrower; private companies make money on student loan consolidation by reaping subsidies from the federal government.

Student loan consolidation can be beneficial to students' credit rating, but it's important to note that not all federal student loan consolidation companies report their loans to all credit bureaus; SLM Corporation (formerly Sallie Mae) does not report to Experian or Transunion which means that students will have differing credit scores at Equifax Transunion, and Experian.

Credit as a financial term, used in such terms as credit card refers to the granting of a loan and the creation of debt. Any movement of financial capital is normally quite dependent on credit, which in turn is dependent on the reputation or creditworthiness of the entity which takes responsibility for the funds.

A similar usage is in commercial trade where credit is used to refer to the approval for delayed payments for goods purchased. Sometimes if a person has financial instability or difficulty, credit is not granted. Companies frequently offer credit to their customers as part of the terms of a purchase agreement. Organizations that offer credit to their customers frequently employ a credit manager

Credit is denominated by a unit of account Unlike money (by a strict definition), credit itself cannot act as a unit of account. However, many forms of credit can readily act as a medium of exchange As such, various forms of credit are frequently referred to as money and are included in estimates of the money supply

Credit is also traded in the market The purest form is the "Credit Default Swap" market, which is essentially a traded market in credit insurance. A credit default swap represents the price at which two counterparties will exchange this risk — the protection "seller" takes the risk of default of the credit in return for a payment, commonly denoted in basis points (one basis point being 1/100 of a percent) of the notional amount to be referenced, while the protection "buyer" pays this premium and in the case of default of the underlying (a loan, bond or other receivable), delivers this receivable to the protection seller and receives from the seller the par amount ( i.e., is made whole).

Credit Education is the practice of providing consumers with information analyzing their credit behavior. Credit education is usually practiced by trained professionals knowledgeable in the analytics of the credit score and how consumer credit behavior effects both positive and negative credit eligibility. Credit education is usually assisted by sophisticated credit scoring models that mathematically assists the consumer, or counselor, in determining a credit improvement outcome.

Credit Education has become an increasingly practiced discipline due to sweeping increases in the use of the credit score and its affect on the prices consumers pay for loans, insurance, housing and utilities. It is also the major factor in loan eligibility.

Not to be confused with credit counseling credit education does not focus on debt counseling, nor involves the practice of collecting debt from consumers. Credit counseling and credit repair have consistently received negative publicity for its fee and management practices.

The largest suppliers for credit education data are Fair Isaac Corporation, CreditXpert and the three credit bureaus ( Experian, TransUnion and Equifax who deliver credit reports and credit scores. Among the largest providers of credit education services is Community Empower who, through the use of its own scoring models and national network of credit education counselors, provides consumers hands-on guidance using highly-trained local professionals.

Credit education has also received attention as a new discipline at the Community College level where new courses on the subject are being taught. Usually aligned with Mortgage Finance programs that teach college undergraduates principles of lending and underwriting credit education and credit recovery programs are giving students more extensive backgrounds in credit early in their careers. Among the early college level adoptors of credit education is the Los Angeles Community College District and Los Angeles Trade Technical College.

FICO is an acronym for Fair Isaac Corporation (traded publicly under the symbol FIC) and refers to the best-known credit score model in the United States, which is calculated using mathematical formulae developed by this company. The FICO score is primarily used in the consumer banking and credit industry. Banks and other institutions that use scores as a factor in their lending decisions may deny credit, charge higher interest rates or require more extensive income and asset verification if the applicants credit score is low.

FICO scores are designed to indicate the likelihood of a borrower being delinquent within the next 24 months. No public information is available to determine what the scores mean in terms of statistics. A separate score, BNI, is used to indicate likelihood of bankruptcy.

The three major credit reporting agencies (also often, but inaccurately referred to as credit bureaus) in the United States, Equifax, Experianand TransUnion calculate their own credit scores, which go by different trademark names as well as many different versions of the score (often differing because of what they are meant to predict and when they were written): Beacon, Beacon 96, and Pinnacle are all available only from Equifax; Empirica, Empirica Auto 95, Precision Score, and Precision 03 at TransUnion; and Fair Isaac Risk Score at Experian. These versions, while all developed for the agencies by Fair Isaac, differ and are periodically updated to reflect current consumer repayment behavior. The NextGen Scores are the most recent scores, but creditors vary in which version they prefer to use.

The scores use a multiple scorecard design. Each version uses 10 or more individual scorecards, and an individual is typically compared with similar others. (For example, a borrower with two 30-day late payments will be scored against a population with some minor delinquencies.) An individual is then graded according to what variables seem to indicate a repayment risk in that group. This feature may cause a borrower with delinquencies to score in the same range as a borrower without delinquencies.

Nearly all large banks also build and use their own proprietary statistical models for credit scoring purposes, often in conjunction with the FICO score or other outside scores.

The statistical models that generate credit scores are subject to federal regulations. The Federal Reserve Board's Regulation B, which implements the Equal Credit Opportunity Act, expressly prohibits a credit scoring model from considering any prohibited basis such as race, color, religion, national origin, sex, or marital status. Regulation B also stipulates that credit scoring models must be empirically derived and statistically sound. Furthermore, if an adverse action is taken as a result of the credit score ( e.g. an individual's application for credit is denied) then specific reasons for the denial must be provided to the individual. A statement that the individual "failed to score high enough" is insufficient; the reasons must be specific.

There exist several generally accepted algorithms for extracting the primary contributing factors to a low credit score. One or more of these algorithms is typically used to supply a list of reasons when a loan applicant has been denied credit, in order to satisfy the Regulation B requirement that specific reasons are disclosed. Some consumers feel these adverse action reasons are somewhat disingenuous, as the only determining factor for credit denials is a numeric score — the "reasons" are summed up only for the consumer.

Each of the credit reporting agencies has developed its own version of the credit score intended to compete with Fair Isaac's score. Although not as widely used, these scores (for example Trans Union's "TransRisk" score or Experian's "ScoreX" and "PLUS" scores) are less expensive than the FICO score. These scores are often derisively referred to by consumers and lenders as "FAKO" scores, for they do not use official Fair Isaac methodologies. The cost savings of a non-FICO score are tempting to some banks and credit card companies, who need an accurate risk assessment on millions of accounts every year. For ease of use, these scores tend to be mathematically scaled so that they fall in the same general range as the FICO score. Fair Isaac offers scoring models for the U.S ., Canada, and South Africa. It also offers a "Global FICO" for many other countries.

Credit scores are designed to measure the risk of default by taking into account various factors in a person's financial history. Although the exact formulae for calculating credit scores are closely guarded secrets, Fair Isaac has disclosed the following components and the approximate weighted contribution of each:

35% punctuality of payment in the past (only includes payments later than 30 days past due)
30% capacity used: the ratio of current revolving debt (credit card balances, etc.) to total available revolving credit (credit limits)
15% length of credit history
10% types of credit used (installment revolving consumer finance
10% recent search for credit and/or amount of credit obtained recently
The above percentages provide very limited guidance in understanding a credit score. For example, the 10% of the score allocated to "types of credit used" is undefined, leaving consumers unaware what type of credit mix to pursue. "Length of credit history" is also a murky concept; it consists of multiple factors - two being the oldest account open and the average length of time an account has been open. Although only 35% is attributed to punctuality, if a consumer is substantially late on numerous accounts, his score will fall far more than 35%. Bankruptcies, foreclosures, and judgments affect scores substantially, but are not included in the simplistic pie chart provided by Fair Isaac.

Further, Fair Isaac does not use the same "scorecard" for everyone. The scorecards are segmented so that there are over 100 different actual scoring models that are applied to different individuals based on different ranges of input values (some scorecard segmentations include: age, depth of credit history, etc.) The implications of this segmentation are that while the approximate weighted contribution above may be an average across all scorecards, individuals will receive different scores or weightings based on the scorecard segmentation that they fall into. Some consumers have noticed their scores decreasing by small amounts for no apparent reason.

Current income and employment history do not influence the FICO score, but they are weighed when applying for credit. For instance, an unemployed individual with no other sources of income will not usually be approved for a home mortgage, regardless of his or her FICO score.

There are other special factors which can weigh on the FICO score.

Any monies owed because of a court judgment, tax lien, or similar carry an additional negative penalty, especially when recent.
Having above a certain number of consumer finance company credit accounts also carries a negative weight (critics say that this causes a vicious cycle, locking people into continuing to use consumer finance companies).
The number of recent credit checks also can weigh down the score, although the credit agencies claim to allow for credit checks made within a certain window of time to not aggregate, so as to allow the consumer to shop around for rates.

A FICO score generally ranges from 300 to 850. It exhibits a left-skewed distribution with a US median around 725. 660 is generally regarded as potentially subprime and represents an important break point for credit worthiness. The performance of the scores is monitored and the scores are periodically aligned so that a credit grantor normally does not need to be concerned about which score card was employed.

Each individual actually has three credit scores for any given scoring model because the three credit agencies hold their own, independent databases. These databases are independent of each other and may contain entirely different data. Many lenders will check an applicant's score from each bureau and use the median score to determine the applicant's credit worthiness.

A new Vantage score has been offered by all three credit bureaus to creditors since spring 2006. It will soon be available to debtors. Its range is from 501 to 990. It is graded A (901-990), B (801-900), C (701-800), D (601-700), and F (501-600). It remains to be seen whether the Vantage Score will replace the FICO score or even be accepted by many creditors.