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• Thousands receive a letter about a possible information breach at CSU-Pueblo

  August 21, 2012 4:24 PM

  Over 19,000 students and applicants at CSU-Pueblo receive a letter about a possible breach of information. Those with the school say everyone affected should have gotten the letter. They add none of the information was changed or stolen. However, they are taking it seriously, even though they believe the threat... more »

• Employers could get to check credit before hiring

  February 13, 2012 7:17 AM

  DENVER (AP) - Lawmakers will hear testimony on a bill to prohibit employers from using consumer credit information against potential employees unless they're applying for a job that involves financial decisions. Democrats sponsoring the proposal say the use of credit information creates barriers for people who have recently lost... more »

• Your experience could get you college credit

  January 25, 2012 7:21 AM

  DENVER (AP) - Colorado lawmakers want to reduce the cost of college for students by directing higher education institutions to create a system of awarding credit for job experience and military service. A hearing on the proposal is scheduled Wednesday. Republican Rep. Tom Massey says the goal is to allow... more »

• Three men arrested for major credit card fraud

  November 24, 2011 7:05 AM

  DENVER (AP) - Denver police have arrested three men accused of charging thousands of dollars' worth of fraudulent transactions on credit cards at several downtown merchants. Police say the three had traveled to Colorado by bus from Florida and may have made fraudulent purchases all along their route. ... more »

• Japan's credit drops

  August 24, 2011 5:34 AM

  Moody's Investors Service says it has downgraded its rating on Japan's debt. The rating service says it lowered the rating because of Japan's large budget deficits and growing government debt. The rating agency cut Japan's rating to AA3 from AA2. The new rating is three notches below Moody's... more »

• Consumers borrowed more for 8th month in May

  July 8, 2011 3:14 PM

  WASHINGTON (AP) - Americans borrowed more in May for the eighth straight month and used their credit cards more for only the second time in nearly three years. The Federal Reserve says consumer borrowing rose $5.1 billion following a revised gain of $5.7 billion in April. Borrowing in the... more »

• More elderly in debt with no way out

  December 6, 2010 12:18 AM

  More and more, seniors on a fixed budget are turning to credit cards to help them through tough times. "They're using it (credit cards) for gasoline, they're using it for food, they're using it for prescriptions, they're using it for co-payments." explains Eileen Doherty, Director of the Colorado Gerintological Society.... more »

• Counselors concerned about increasing credit card debt in Colorado

  November 16, 2010 7:41 PM

  Tis the season for spending, but credit counselors are worried about consumers falling deeper into debt. Colorado now has the 2nd highest credit card debit in the U.S. according to the scoring website Credit Kkarma. According to the website, in Colorado people have an average of $8,741 in credit card... more »

• Military homebuyers tax credit still available

  October 13, 2010 9:01 AM

  The service member tax credit for home buyers has been extended to June 30, 2011, which means you have until then to close on a house. It must be under contract April 30. This is the same $8,000 tax credit that that caused a rush of home buying in... more »

• Consumers cut credit card borrowing for 24th month

  October 7, 2010 3:15 PM

  Consumer borrowing fell again in August as consumers cut back on credit card use for the 24th consecutive month. The Federal Reserve says that borrowing by consumers declined by $3.3 billion in August. That marked the 18th drop in the past 19 months. Borrowing increased modestly for one-time... more »

• Great credit may not get you a great mortgage

  September 28, 2010 9:12 AM

  Have you been working to boost your credit score before trying to get a mortgage? It may not yield the payback you expect. The mortgage loan interest rates offered to borrowers with stellar FICO scores aren't much lower than the rates offered to those with a middle-of-the-road 720 score... more »

• Tips for boosting your credit score

  July 19, 2010 9:04 AM

  New reports out show that about 43-million of Americans have a credit rating so poor that getting a loan is much more difficult, and when they do much more expensive. "It can affect your borrowing costs, the amount you'll pay to finance cars or homes or, certainly credit card... more »

• Americans' credit scores sink to new lows

  July 12, 2010 9:23 AM

  New figures show millions more Americans have credit scores that could prevent them from getting credit cards, auto loans or mortgages under the tighter lending standards banks now use. Figures provided by FICO Inc. show that 25.5 percent of consumers - nearly 43.4 million people - now have a... more »

• Bike Pikes Peak program offered

  June 22, 2010 5:09 PM

  CSU-Pueblo's Colorado Springs campus plans a three-day workshop on bicycling, which includes a trip down Pikes Peak. Classes include instruction on proper nutrition, riding strategy, and bicycle maintenance. Bike Pikes Peak begins in the classroom at the Citadel Center, 730 Citadel Dr. Suite 300, from 5:30-8:30 p.m.... more »

• Debt brokers attempt to cash in on Illinois financial crisis

  June 7, 2010 2:55 PM

  With Illinois still not paying its bills, a new company in the debt brokering business has seized on an opportunity to make money off the state's financial crisis. Georgia-based Alpharetta Industries is offering to help Illinois organizations that are owed money. The company will arrange to sell the debts to... more »

• Two bills push electric car with tax credits

  May 27, 2010 6:29 PM

  Two bills introduced in Congress would provide big grants to cities to set up the infrastructure needed for electric cars and sweeten the tax credits for buyers of the vehicles. The similar bills in the House and Senate are designed to smooth the way for electric vehicles that are... more »

• Police search for two in credit card fraud

  March 29, 2010 2:59 PM

  The Colorado Springs Police Department Financial Crimes Unit is asking for help in identifying two suspects in several credit card fraud cases. Banks in the Denver area have experienced a pattern of theft involving two women in their mid-20s. Now one of the suspects has been seen at three... more »

• Some employers use credit history when hiring

  March 1, 2010 2:09 PM

  It's hard to find a job in this economy, and now some people are facing another hurdle because potential employers are holding their credit histories against them. Sixty percent of employers recently surveyed by the Society for Human Resources Management say they run credit checks on at least some... more »

• Geithner says US credit rating safe despite debt

  February 7, 2010 11:40 AM

  Treasury Secretary Timothy Geithner says the U.S. government "will never" lose its sterling credit rating despite big budget deficits and a newly increased debt limit that now tops $14 trillion. Geithner says in an interview broadcast Sunday that in times of economic crisis, international investors will continue to buy U.S.... more »

• Pueblo schools increase graduation requirements

  January 19, 2010 7:34 PM

  High school students in Pueblo will soon need more credit hours to graduate. Starting in 2012, students will need 6 more credit hours to graduate from Pueblo City Schools, for a total of 28 credit hours. The school district says students will be required to take more core subjects as... more »

• Bailout watchdog: Crisis response worked but problems remain

  December 9, 2009 8:14 AM

  The panel overseeing the financial bailout is offering a mixed assessment of the Troubled Asset Relief Program. The watchdog panel says the $700 billion helped prevent an all-out panic last fall. It says confidence in the nation's financial system has improved, "access to credit is increasing, and the economy is... more »

• Bernanke: too early to declare lasting recovery

  December 7, 2009 12:44 PM

  Federal Reserve Chairman Ben Bernanke says it is still too early to declare that the budding recovery will last. In remarks before the Economic Club of Washington, the Fed chief says: "We still have some way to go before we can be assured that the recovery will be self sustaining."... more »

• Salvation Army's iconic kettles now credit ready

  November 25, 2009 12:44 PM

  There could be less jingle in the Salvation's Army's hallmark red kettles this season. The charity is testing kettles that take debit and credit cards. The growth of so-called "plastic kettles" comes as fewer shoppers carry cash. Bell ringers who stand outside stores during the holiday season say that more... more »

• Senators agree to extend homebuyer tax credit

  October 28, 2009 6:57 PM

  Senators have agreed to extend a popular tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. The tax credit provides up to $8,000 to first-time homebuyers but is set to expire at the end of November. A spokeswoman for Senate Majority Leader Harry Reid... more »

• Protecting Yourself When Trying to Get Out of Debt

  October 15, 2009 7:45 PM

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