When the Love Boat morphs into the Titanic and you are flailing in the icy waters of the North Atlantic, the banks are not rescuers, they're sharks..
On the housing front, the good news is that the president wants Mel Watt to head the FHFA. The really bad news is that the problems in the U.S. housing system are currently so entrenched that, even if he is confirmed, Mel Watt will be hard-pressed to resolve them.
Consumers don't build great credit scores overnight. It's something that takes time, smart financial decisions and maybe even a little luck.
Maybe we should create a risk assessment tool for gun worthiness. In all seriousness, shouldn't all Americans -- especially those who manufacture and sell guns -- welcome the prospect of better predictability given the news of late?
What are some of the protections we wouldn't have at all, if Senator McConnell and Wall Street have their way and we didn't have a Consumer Financial Protection Bureau at all?
For a three-month period, every American will get a perfect credit score, and the federal government will guarantee all loans made as a result of this "score stimulus."
Credit scores are based on how someone has historically handled credit. So although they won't be a perfect indicator of whether your new partner will be a good partner, a credit score can hint at their ability to manage responsibility, and whether they have habits that can hinder the relationship.
There are a lot of ideas and myths about good credit and higher credit scores but they aren't all true or helpful. As a result, many people know the importance of high credit scores but they aren't necessarily achieving that goal.
WASHINGTON — A government study says 20 percent of consumers had an error in a credit report issued by a major agency. The Federal Trade Commis...
If you need to build or rebuild your credit but can't get approved for a credit card, you're not completely out of luck. Personal finance expert Suze ...
You don't need to win seven consecutive Tour de France competitions in order to get where you need to be. And you don't need to confess your credit sins to Oprah. By being truthful with yourself, you can create a stable financial life and "live strong."
Ever wonder what Santa's credit score looked like?
We all know that Facebook is eating up our free time. But new research suggests that the social network may be making us fat and poor. Facebook in...
Tom Pavelka is proof that you don't need to be fabulously wealthy to have great credit. The Westlake, Ohio man has a credit score of 848 out of 850...
A number can't tell you much of anything, except that creditors consider you a good or bad credit risk. But the factors that make up your credit score -- like your percentage of on-time payments -- do tell you how where you need to change your financial behavior.
You and I might revel in the crisp autumn weather, but your credit score hates this time of year. The reason? Starting in October and continuing through the next 90 days, many households dramatically increase their spending.
The 4-letter "F word" you need to know about is FICO -- it's the score that determines if a lender will lend you money and how much they'll lend you and at what interest rate.
(Reuters) - The credit scores that consumers buy from credit reporting agencies sometimes differ from the scores lenders see when deciding the terms o...
When Alexa von Tobel, Founder & CEO, LearnVest.com, joined me on Mondays With Marlo, she filled me in on three crucial ways to keep your credit score ...
If you want to see the most commonly used "final grade" -- your FICO credit score -- you're expected to pay $19.95. That's not fair. It shouldn't be allowed to continue, and you can help change it.
By the way, if you decide to relocate to one of the countries listed in this article, you'll have to start over and build a new credit rating there. Credit data from the U.S. is not shared internationally, or vice versa.
Repairing a shoddy credit report requires time, but there are few steps you can take to expedite the process. Here's what to do if you're hoping to give your score a boost by Labor Day.
Learning the rules of credit isn't always as straightforward as you might think. Sometimes, doing something you might think would be great for your credit score can actually have an unintentional negative impact.
Could the future bring banks developing their own type of "social reputation credit score"? Perhaps, but only if it's proven to be a profitable method. That's where Lenddo could serve as a market test, free of charge to the banks.
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...
