Your Bankruptcy Score May Be Behind That Refused Loan

Douglas Hoyes | Posted 01.18.2016 | Canada Business
Douglas Hoyes

Lenders have been using a person's credit report for years to judge their overall creditworthiness and the risk that they might default and become a bad debt. However, financial institutions often use another measure, a bankruptcy score, to refuse a loan application for someone who may otherwise have good credit.

Lessons From Greece's Bankrupt Society

Andreas Souvaliotis | Posted 12.06.2011 | Canada
Andreas Souvaliotis

It wasn't just a domestic credit crisis that brought that country to its knees -- it was a much more serious case of social corruption and mistrust, an ailment so deeply entrenched in their national psyche that it could only be wiped out with the help of a deep and painful crisis.