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Archive for the ‘Renting’ Category

05
Jul
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Occupancy rates stood at 95.3 percent in May 2015. Builders started 1.17 million new homes in June 2015 with a high percentage of those in apartment construction. In fact, multifamily construction has risen 28.6 percent and apartments 16.1 percent in June. Add to that that rents increasing some 16 percent over the last five years […]

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05
Nov
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You would think they would know better.  They employ 168,500 people, have 1091 stores, eight distribution centers, and 10 manufacturing facilities, all in the South.  But Publix Stores is paying $6.8 million to settle a class action suit because when they hired, they neglected to use a separate piece of paper. They have 11,000 stores […]

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05
Oct
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Danger lurks in what has become America’s credit jungle.  While the danger is an issue for all, it can be a huge concern for employers and landlords.  Here’s why. More than a third of people with a credit file, 35 percent, are in collection, some 77 million people with an average collection debt of $5,178 […]

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05
Sep
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Average isn’t always average, is it?  If we look at the overall credit card debt without regard to income, education, and age, the average credit card balance is $3,600.  But that’s only per person for resident U.S. adults.  That includes people who don’t have a credit card and who have a Social Security Number reports […]

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05
Aug
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It’s called FICO 9.  That’s the descendant of FICOs 1 through 8, the credit scores spawned from the Fair Isaac Corporation, the credit-scoring company.  The FICO score, a number between 300 and 850 that many lenders use to judge the creditworthiness of prospective borrowers.  The higher the better for borrowers since a higher score can […]

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05
Jul
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“It’s not fair!” So goes the mantra of prospective employees and tenants who have been turned down for employment or renting because of poor credit.  Is it fair?  What I used to ask my children when they said that was “Why isn’t it fair?”  They stopped asking soon after that. Looking at the responses of […]

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