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Bad Credit

Is America Now a Debtor Nation?

Curtis Arnold | Posted 09.04.2014 | Money
Curtis Arnold

Have a few blemishes on your credit report? You're not alone. According to a recent study from the Urban Institute, over one-third of Americans had debt in collections in 2013.

The 4 Laziest Ways to Improve Your Credit

Adam Levin | Posted 06.24.2014 | Money
Adam Levin

Most people know it's important to have good credit, but they don't want to spend too much time worrying about it. The good news is that you can be pretty lazy and still improve your credit.

Can Paying Your Taxes Late Affect Your Credit Score?

Credit.com | Posted 06.08.2014 | Money
Credit.com

It's pretty simple: If you don't pay your taxes, the IRS can file a notice of federal tax lien with the credit bureaus, and that's a huge negative on your credit reports.

How To Rent With Bad Credit

Credit.com | Posted 03.21.2014 | Money
Credit.com

Don't avoid the elephant in the room. Address your bad credit frankly and honestly.

When Your Credit Score Is Too Low for a Mortgage

MyBankTracker | Posted 03.12.2014 | Money
MyBankTracker

Mortgage lenders have tightened their credit requirements since the freewheeling lending days that led to the financial crash.

How to Rent an Apartment With Bad Credit

MyBankTracker | Posted 02.18.2014 | Money
MyBankTracker

When going to look at an apartment, bring copies of pay stubs, copies of prior years' tax returns and any proof of additional income. It will not only provide proof of income, but also of being an organized person who is serious about taking care of business.

What to Do if Your Credit Score Is Not Good Enough for a Mortgage

MyBankTracker | Posted 01.25.2014 | Business
MyBankTracker

As the housing bubble was growing, many Americans with low credit scores were able to benefit from a variety of housing loans. However, the boom led to the bust that followed, and financing a new home purchase through a bank with subpar credit has become far more difficult.

5 Habits That Can Wreck Your Credit

Credit.com | Posted 11.25.2013 | Business
Credit.com

Habits are those activities we do unconsciously because we've done them so many times before. We're not even fully aware when we're doing them, and then the results tend to pile up unseen. Of course, credit is one of those things that can suffer from bad habits. So let's take a look at five bad habits that can wreck your credit.

5 Seemingly Harmless Things That Can Hurt Your Credit

Credit.com | Posted 11.19.2013 | Business
Credit.com

"Mom," my daughter said as she stood by my desk recently waiting for one of her homework assignments to print from my computer, "Did you pay this bill? It was due Oct. 4." She asked me this on Oct. 14. And no, I hadn't paid it.

4 Fears That Might Be Holding You Back From Cleaning Up Your Credit

Jeanne Kelly | Posted 10.31.2013 | Business
Jeanne Kelly

If you want to improve your credit (which you should!), then one of the first things you'll need to do is overcome your fears. Start with these fears and address any others that may come up.

Woman Wins HUGE Lawsuit After Company Messes Up Her Credit Report

AP | Posted 09.26.2013 | Business

PORTLAND, Ore. (AP) — A federal jury in Oregon awarded $18.6 million to a woman who spent two years unsuccessfully trying to get Equifax Information...

I Have an Old Credit Card on My Credit Report. Will It Go Away? - Julie

Steve Rhode | Posted 07.15.2013 | Business
Steve Rhode

Reader Question "Dear Steve, There is a credit card debt on my credit report that is more than 10 years old. I can't get any questions answered or r...

Even Little Money Mistakes Can Add Up

Jeanette Pavini | Posted 06.23.2013 | Women
Jeanette Pavini

Despite our best intentions, we occasionally forget to pay a bill or let cash rewards expire -- even the savviest consumers mess up once in a while. But little money mistakes can have a big impact on finances. Don't let your cash go to waste.

The 10 Things You're Too Shy to Ask About Credit -- But Should

LearnVest | Posted 03.12.2013 | Business
LearnVest

There's a lot that the basics don't cover, and questions that you might be embarrassed to ask, like how to start rebuilding your credit after a bankruptcy. We cover 10 of the top I'm-too-chagrined-to-ask questions.

Mom Skipped Out on the Lease and Collectors Are Chasing Me

Steve Rhode | Posted 05.23.2013 | Business
Steve Rhode

Sometimes the kids get hurt financially as a result. If your mother is not going to help you to repay the money which you appear to agree is due, then this will rest on your shoulders as a co-signer.

Catherine New

New Credit Score Aims To Bring More People Into Lending Fold

HuffingtonPost.com | Catherine New | Posted 06.14.2012 | Money

The poorest consumers, currently living off the financial grid, may soon be pulled back onto it in an unexpected way. Experian, a data collection a...

Is One Late Payment Really That Bad?

Credit.com | Posted 08.13.2012 | Money
Credit.com

How much does a single late payment affect your credit scores? Of course, as with so many things related to credit scores, the answer is, "It depends." But the irony is, the better your credit, the more you may feel the sting.

Survey: Consumers Want to Build Their Credit

Credit.com | Posted 07.01.2012 | Money
Credit.com

In all, 56 percent of people said they want to build their score but don't know how to do it. In fact, the majority also said that they hadn't taken the time to order a copy of their credit report or credit score at any point in the past 12 months.

Can Your Roommate Ruin Your Credit?

Credit.com | Posted 06.27.2012 | Money
Credit.com

Jim is careful to always pay his bills on time, keep his credit balances low and has a pretty good credit score.  Rick, his roommate, is quite the opposite.

Loren Berlin

Have Fair Credit And Looking For A Credit Card? Good Luck.

HuffingtonPost.com | Loren Berlin | Posted 04.20.2012 | Money

While the economy's fledgling recovery is reviving America's love affair with debt, many credit card companies remain surprisingly cautious in courtin...

Catherine New

Where Do You Go When You Need $10,000?

HuffingtonPost.com | Catherine New | Posted 04.05.2012 | Money

Where do you go for a $10,000 loan when you have bad credit? Don't try a storefront lender. Some are closing their doors. Folks with spotty credit his...

Rent After Foreclosure? Yes, You Can.

Nicholas Carroll | Posted 07.27.2011 | Business
Nicholas Carroll

News frequently portrays inability to rent as one of the gloom-and-doom scenarios awaiting people who have been through a foreclosure. In my surveys around the U.S., I'm not seeing this.

Focusing on the Credit You Want

Jeanne Kelly | Posted 05.25.2011 | Business
Jeanne Kelly

Wishful thinking for a windfall to save you might be nice, but -- bottom line -- it's your daily habits that got you where you are now. If you want to get someplace better, you've got to begin by doing things differently.

Credit CARD Act, One Year Later

Daily Finance | Sheryl Nance-Nash | Posted 05.25.2011 | Business

During the battle over Credit CARD Act, much talk focused on what the legislation would -- and wouldn't -- do. A year after the two-phase law was roll...

Bad Credit? For Corporate Borrowers, It's Not A Problem

AP | MATTHEW CRAFT | Posted 05.25.2011 | Business

NEW YORK — With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well ...