The family that was foreclosed and evicted, even though they had a perfect mortgage payment record.
Simultaneously, the company would be able to build a payment record of its clients, sorting the unreliable from the rest.
The Federal Communications Commission announces the details of a settlement with four of the nation's largest radio broadcasters Clear Channel, CBS Radio, Citadel and Entercom over the practice of payola, the practice of accepting payment from record labels to air their artists without disclosing that arrangement to listeners.
If you do have a missed payment on your record, try not to repeat it.
"That was a group of people who had a good track record of payment and pretty low level of arrears, thrust into a position where they are now is significant arrears, " said Mr Forbes.
On average, 96% never miss a payment, which can stay on your record for seven years, and only about 1% ever had a collection.
When companies declare a dividend, they choose the amount per share, the date the stock will go ex-dividend, and the date payment will be made to shareholders of record.
This deal avoids the possible legislative fight through privately negotiated terms, which could set the stage for either similar deals in the future or for Congress to side with the record labels and require the payment of performance royalties for sound recordings by law.
Small businesses like City Newsstand don't typically record the names and contact information of their customers and payment-card companies discourage businesses from keeping credit-card data.
It allows users to exchange bitcoin files without keeping as detailed of a record of the transaction as would be required over PayPal or other electronic payment networks.
When most artists sign record deals, they hand over these rights in exchange for an advance payment, a smaller royalty of 10-15% on music sales and the prestige of recording an album for a major record label.
While the law does not currently require the payment of performance royalties from over-the-air (terrestrial) radio stations to artists and record labels, it does require services offering streaming digital content online, like Pandora or Spotify, to make such royalty payments.
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