| Steer clear of companies offering to fix your credit - Money Matters
Q: I'm 53. After years of taking care of my ill father, I've got about $17,000 in credit card debt. My interest rates have been jacked up because my credit rating is so bad. (I made some late payments during times my dad was in the hospital and life was crazy.) I've heard about places that can fix your credit. I'd like to get caught up on my bills but it's impossible with interest rates of more than 30 percent. Can these places really fix your credit rating? R.I., Lakewood A: Steer clear of these outfits. There are only three types of supposed credit-repair companies: Those that charge hundreds of dollars to write letters to the credit bureaus to dispute negative information on your report. If the information is accurate, it won't be deleted. If it's inaccurate, you can write the letters yourself at no charge.
Asian stocks recover worst losses on report Fed upbeat on US economy - UPDATE
SINGAPORE (Thomson Financial) - (Adds closing levels) Stock markets across Asia recouped most of their early losses in late trade Tuesday, led by Japan after a press report said the US Federal Reserve will publish upbeat economic forecasts for the US when it releases the minutes from its October meeting later today. The Fed will indicate it expects the US economy to pull through the current rough patch and regain strength in 2008, the FT reported on its website. The report will show that policymakers are much more optimistic than financial markets and may challenge expectations of further rate cuts, said the paper. "Optimism here towards the US economy in addition to rumours of an emergency Fed meeting, also heard in late New York trading, resulted in a major rally on the TSE," said Haruya Ida, analyst at Thomson IFR in Tokyo.
College could train SNP's 1,000 extra police
SCOTLAND'S police college has the capacity to train the extra 1,000 officers that the SNP told voters it would fund, it has been revealed. Kenny MacAskill, the justice secretary, was yesterday forced to admit that up to 1,400 officers a year have been trained at the Scottish Police College at Tulliallan, in Fife. .
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