Roundup - The President Edition

Credit Karma welcomes our new president. This years election brought out a lot of voters to the polls. Congratulations on winning the election President-Elect Obama, we hope your next four years in office exceed your expectations.

While voting was going on so was a lot of news on the economy and credit. Below are several links we’ve pulled from the past week for your reading pleasure. Have a good Sunday, everyone we’ll see you on Monday.

National Credit News:

• New York Times writes Bank Survey Shows Credit Is Growing Even Tighter
• Bears get back to business says Market Watch.
• J.P. Morgan in Huge Effort to Save Mortgages publishes Wall Street Journal.
• NPR says Consumers Wary As U.S. Economy Shrinks.
• American Banker posts Wells Fargo to Offer $10B in Common Stock

Credit Scores:

• The Christian Science Monitor points out The ‘Catch 22′ of consumer credit.
• The Sun News Myrtle Beach explains Your FICO credit score is made up of five factors of varying importance.
• The Statesman says be sure to Check your credit health before the holidays.
• Political Ground Zero writes on Credit Score Repair.

Credit Cards:

• Expect Tidal Wave Of Limit Reductions and Credit Card Closures to Hit Before Christmas says Get Out of Debt.
• Money Smart Life presents the Worst Rewards Credit Cards - What’s Hidden in the Fine Print
• Accumulating Money looks into Credit Cards vs Debit Cards - A Comparison
• Dr. Nancy writes Credit cards - what I want my kids to know

Debt:

• Financing Plans says Understanding The Importance Of Credit Card Debt Consolidation is fundamental.
• My sister: Demolished $20K debt in 2 years says MoneyMateKate.
• Geezeo presents 5 Things That Can Quickly Put You Into Debt
• Investing vs. Paying Down Debt - Which Way Should You Go asks the Personal Finance Analyst?

News about Credit Karma:

• 11 Alive publishes the following guide: Websites Help You Manage Your Money
• Make Use of presents 5 Online Tools to Help You Manage Your Money.
• The Smarter Wallet posts Face The Credit Crisis By Avoiding Debt and Credit.

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