Word: payments
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...bottom line for consumers: next time you rush to pay your mortgage on time, mail your phone-bill payment as well...
...Companies that provide so-called alternative credit information say their business is booming, even as the rest of the lending industry continues to shrink. Banks once sought out such information as rent-payment histories to assess whether to lend to individuals who lack a credit score because they may never have had a credit card or mortgage and don't have enough credit history to generate a rating. These days, more and more banks are using the supplemental information, even with customers who have a credit score, in an effort to lower loan defaults...
...make an error having to do with district unemployment tax payment, but it has been corrected." - Obama transition spokesman Tommy Vietor, on Killefer's run-in with the IRS, Associated Press...
...Moscow cut its supply of gas to Ukraine last week following a dispute over payment. At least 18 European countries who buy Russian gas and have it piped through Ukraine saw their supplies completely or partially cut as a result. Some governments declared states of emergency and ordered factories and schools to close, while millions of people struggled to cope in freezing temperatures. (See pictures of Russia celebrating Victory...
...expand health insurance for laid-off workers, known as Cobra, for longer periods of time and for those who did not have health insurance with their former employers, as well as funds to help state shortfalls on Medicaid. Of this package, $20 billion would be used as a "down payment" for one of Obama's campaign pledges: a separate $50 billion program to modernize the nation's medical records, most of which sit in filing cabinets instead of being recorded online. While the Medicaid grant to states would be a onetime deal (and one that the GOP would prefer...