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July 6 (Bloomberg) -- Californias credit rating was cut for the second time in as many weeks by Fitch Ratings after a stalemate over how to close a $26 billion budget deficit forced the most-populous U.S. state to pay some bills with IOUs.

Vigilance best defense to salvage credit score (Atlanta Journal-Constitution)

Q: My credit score recently dropped more than 100 points, but none of my habits have changed in the last six months. My score has been in the 760-780 ranges for quite a few years. I make it a habit to check my score quarterly. Last week, I noticed it has moved to the mid-600 range. I have three credit cards with a line of credit of about $60,000. Two of them carry a zero balance, and the ...

Financial Crisis