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Therefore, if you are shopping for a mortgage loan, you should do all of your applying with various lenders within the same week to protect your credit score. In addition, if the other person files bankruptcy, the co-signor is required to pay the debt. You will also be surprised to find that everything you assumed would be reported is not reported. What if you find incorrect information on your credit report? To have incorrect or outdated information corrected, contact the credit reporting agency (credit bureau) and request a reinvestigation. If the borrower doesn't pay the debt, you will have to. (3) Information about criminal convictions may be reported without any time limitation.A credit report usually consists of five sections: (1) personal information; (2) public record information; (3) collection agency account information; (4) credit account information; and (5) inquiries. Reviewing your credit report is particularly important if you are planning to apply for a mortgage or auto loan soon. A typical notice might read as follows: "You are being asked to guarantee this debt. How much does it affect your credit score? Each credit inquiry can lower your score by five points., and your credit report is pulled. Once you

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Earnings up 3 percent at Community Bank of Broward (BizJournals)

Community Bank of Broward said its profit rose 3 percent in the second quarter, with loan growth it termed "robust" counteracting a lower spread between its return on assets and costs of borrowings.

Anchor Bank plans $1.3 million Montesano branch (The Daily World)

MONTESANO — Having grown out of its longtime digs in the Montesano Pick Rite Thriftway store, Anchor Bank will build a new $1.3 million, 3,400-square-foot facility at the corner of Pioneer Avenue and Sylvia Street.

Central Bank IPO Subscribes 3.81 Times On First Day (Nasdaq)

(RTTNews) - Tuesday, Central Bank IPO subscribed 3.81 times on the first day at 16.00 hrs IST as per NSE data.

Brazil Lending Rose 1.3% in June on Consumer Loans (Update1) (Bloomberg.com)

July 25 (Bloomberg) -- Brazilian bank lending rose 1.3 percent in June from a month earlier as lower interest rates and higher wages fueled consumer spending.

Malaysian central bank keeps policy rate unchanged at 3.5 percent - UPDATE (Sharewatch)

KUALA LUMPUR (Thomson Financial) - Bank Negara, Malaysia's central bank, said Tuesday its monetary policy committee has decided to leave its overnight policy rate unchanged at 3.50 percent.

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