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He also announced an expansion of the research and development tax credit by doubling - from 250 to 500 employees - the size of companies eligible for higher credit.
For higher credit card processing volume (recommended for more than a $1,000 per month), Intuit is continuing to charge a $12.95 monthly fee but has dropped the set transaction charge of $0.30.
For higher credit card processing volume (recommended for more than a $1,000 per month), Intuit offers a free credit card reader; $12.95 monthly fee; and further discounted rates (1.7percentt for card swiped; 2.7 percent for key entered; 3.7 percent for non-qualified transactions, such as corporate cards; $0.30 per transaction).
Improving this factor - Don't apply for new credit accounts, ask for higher credit limits or take other actions that could result in a hard inquiry if you know you'll be looking for a large loan in the near future.
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At the same time the desire for high credit ratings was going out of fashion.
Young families, military families and low-income people who may not make six digits but have good credit are, for all practical purposes, blocked from owning a home by requirements for high credit scores and down-payments.
Either applying for a higher credit limit on your existing credit card or applying for a new credit card to get a lower interest rate typically requires good credit.
Mr. Bing said he had not come to New York to push for a higher credit rating.
The potential for a higher credit rating on GMAC's debt was a crucial part of General Motors' decision to consider selling a controlling stake in the unit.
He turned to the bank for the higher credit line, but by then the bank was drastically reducing his credit: cards with a $50,000 limit were cut to $2,000.
Subprime mortgage loans, the most common form of subprime lending, are characterized by higher interest rates and more-stringent requirements to compensate lenders for the higher credit risk involved.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com