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Tag Archives: credit

Give credit to those who deserve it

Who get’s the credit in your organization?  I know very few successful entrepreneurs who are solo acts.  Almost all achievement comes as a result of team effort. I remember the old T-shirts from high school that said “There is no I in TEAM.”   While this is a relatively simple concept, it is generally poorly applied.   As a leader, ...

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CMI continues to climb

COLUMBIA, Md. — Black Thursday has come and gone and the results are mixed. On the one hand there was much more traffic in the stores than last year, but the average consumer has been spending a bit less and more cautiously. The same pattern seems to have emerged in the business community, as indicated by the shifts in the ...

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State tops in auto loan delinquencies

During the third quarter, Mississippi had the highest auto loan delinquency rate in the nation, according to TransUnion.com’s analysis of trends in the auto lending industry. The report is part of an ongoing series of quarterly consumer lending sector analyses focusing on credit card, auto loan and mortgage data. Information for this analysis is culled quarterly from approximately 27 million ...

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CMI finally tops the 50-mark

COLUMBIA, Md. — The Credit Managers’ Index (CMI) has broken past the 50 neutral barrier for the first time in over a year, representing a growing economy. The index started in that direction in September when the service side of the equation improved to 50.1, but manufacturing still lagged, finishing at 49.6. Now both sectors are showing expansion and the ...

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CMI finally showing significant improvement

COLUMBIA, Md. — The combined Credit Managers’ Index (CMI) of the National Association of Credit Management for September rose to 49.8, bouncing back from a nearly stagnant August on the strength of some dramatic improvements in dollar collections and in reductions in accounts placed for collection and dollar amount beyond terms. September saw the biggest improvement in these sectors in ...

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CMI shows continued weakness

COLUMBIA, Md. — After six months of solid gains, the Credit Managers’ Index (CMI) showed slower progress and registered declines in key indicators. There was still some positive movement in the Index as a whole, but there are obvious weaknesses showing up in terms of credit availability, credit applications and sales. The CMI showed a dramatic decline from the levels ...

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CMI continues to rise

COLUMBIA, Md. — The latest Credit Managers’ Index (CMI) is holding steady and showing stability in the credit sector. “The data has not yet been enough to push past the point of contraction to expansion, but it is getting ever closer to that point, suggesting that expansion is only a month or two away,” said Dr. Chris Kuehl, the National ...

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