October 26, 2007

Sullivan and NPA spreading fear, half-truths about credit rating

Responding to Vision Vancouver’s commitment to maintain Vancouver’s AAA credit rating, the NPA released a press release which claimed that it is “[a] little too late to ?maintain? the credit rating, seeing as Dominion Bond Rating Services already downgraded Vancouver?s rating to AA.?

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Beware of Bogus Credit Repair Companies!

So-called ‘credit repair’ companies claim they can remove negative information from credit reports. Advertising as ‘Credit Advisors,’ ‘Credit Rating Correction Services’ or ‘Credit Consultants,’ they trumpet variations on this message: ‘…

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ComEd Credit Rating Downgraded

CHICAGO, Oct. 5 — Standard & Poor’s Rating Services today lowered ComEd’s unsecured debt rating from ‘BBB’ to ‘BB+’ — the equivalent to junk status — citing the increasingly unstable political cli …

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