Month: June 2017

Jun 11

What is private equity in layman’s terms?

By Michael Fu Let’s say your friend is selling a beat-up old car for $500. You think the car’s got some potential, so you go to the bank and borrow $400, and you pony up $100 of your own money to buy it. You’ve now just entered into an investment funded by 20% equity and […]
Jun 11

Your FICO Credit Score May Soon Get a Boost

Credit bureaus are weeding out often inaccurate information. Here’s what you need to know. By Barbara Kiviat | Consumer Report Beginning July 1, the major credit bureaus—Equifax, Experian, and TransUnion—will limit the use of many tax liens and most civil court judgments in the data used to calculate credit scores because of complaints that the data is often […]