Articles By Steven Chesterfield

What is most important is when, how many, how often, and on what debts late payments occurred. If you have one or two late payments in the past 12 months on a bankcard, and nothing else was late, that fact will generally not disqualify you for a loan.

The worst bear market in stock market history occurred from September 1929 through July 1932, when stock prices fell some 86 percent. Rampant speculation, highly leveraged buying, and sheer panic ushered in a cataclysmic period in the financial markets that accompanied the Great Depression.