Loans Rebound on Best Consumer Credit Since ‘06

By Steve Matthews - Jul 4, 2011 7:01 PM ET

Best Consumer Credit Scores Since 2006 Reveal Lending Reboun

Michael Busick says his credit union “was shocked” to discover his credit score was 812 of a possible 850 when he applied for a $19,500 new-car loans.

The loan officer told Busick he rarely sees scores so close to perfect, said the Charlotte, North Carolina, math teacher, who added that he always pays his bills on time and doesn’t “overextend.” He got the funds in May.

May Factory Orders Rise

Orders to U.S. Factories Rose 0.8% in May By Alex Kowalski - Jul 5, 2011 10:20 AM ET Employees install fittings on a 2.5-liter engine five-cylinder engine at the company's factory in Chattanooga, Tennessee. Photographer: Mark Elias/Bloomberg Orders placed with U.S. factories increased in May, indicating manufacturing may rebound from a slowdown in economic growth in the first half of 2011.
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Loans Rebound on Best Consumer Credit Since ‘06

Orders to U.S. Factories Rose 0.8% in May

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