Credit scores provide lenders a holistic look into your financial history, but there’s one factor that matters the most. Payment history — whether you pay on time or late — is the most important factor of your credit score making up a whopping 35% of your score.
See Original Article

Fitch Ratings – New York – 07 May 2020: Fitch Ratings has affirmed 14 classes of Citigroup Commercial Mortgage Trust 2016-P4. Fitch also revised the Rating Outlook from Stable to Negative on class E.
See Original Article

These are difficult days for the electric scooter market, but Lime announced Thursday that Uber, Bain Capital and Alphabet’s GV venture capital arm is investing $170 million in the scooter provider. Under terms of the funding, Lime will acquire Jump, Uber’s …
See Original Article

Two Federal Reserve district bank president said Thursday they don’t expect a quick rebound in economic activity even as states scale back lockdown measures. “No one who I talked is looking at a V-shaped recovery, they really think this will be gradual and …
See Original Article

Today, Neiman Marcus did the inevitable and filed for Chapter 11 bankruptcy in an effort to put $4 billion of its existing $5.1 billion debt behind it and restructure for the “new normal” after COVID-19. Under the new agreement, the Neiman Marcus Group has …
See Original Article