FICO Will Keep Authorized User Accounts
Thursday July 31, 2008
Fair Isaac has changed its mind about removing piggybacked accounts from the FICO score equation.
In 2007, Fair Isaac announced a new credit scoring model - FICO 08 - that ... Read More
How to Get out of a Crunch Without a Payday Loan
Tuesday July 29, 2008
Payday loans have earned a terrible reputation for getting consumers deep into a debt trap that's nearly impossible to get out of. You'd think a payday loan is easy ... Read More
Unfair Credit Card Practices Rules Proposed By Feds
Thursday July 24, 2008
In May, the Federal Reserve proposed new credit card rules that would eliminate several unfair practices in the credit and banking industry.
The proposed rules fall under three different laws ... Read More
Cheaper Credit Freezes for California, Credit Card Fee Bill Advances
Tuesday July 22, 2008
California Governor Arnold Schwarzenegger recently signed legislation limiting the amount credit bureaus can charge California residents for credit freezes. Starting January 1, 2009, the maximum fee for a freeze ... Read More
Are you smarter about credit cards than a 5th grader?
Friday July 18, 2008
I don't know about you, but I've read enough about foreclosures, loan delinquencies, and bank failures for one week. How about something funny, but still credit card-related, to close ... Read More
IndyMac Suffers Bank Failure - Do You Still Owe Your Loans?
Thursday July 17, 2008
The latest victim of the mortgage meltdown is California bank IndyMac. The bank was closed last Friday (July 11, 2008) by Federal regulators after increasing defaults and bank withdrawals. ... Read More
Staying Debt Free in a Struggling Economy
Wednesday July 16, 2008
It seems like prices will never stop going up. The Labor Department reported a 1.1 percent increase in June's consumer prices. Meanwhile, wages fell by .9 percent. ... Read More
Foreclosure Filings up 53% - What You Can Do to Keep Your House
Monday July 14, 2008
The mortgage crisis continues. This year, June saw 53% more foreclosure filings than June last year. The hardest hit states include Arizona, California, and Florida. Experts expect ... Read More
Barack Obama Proposes Bankruptcy Law Changes
Thursday July 10, 2008
In a speech to nearly 3,000 people in Powder Springs, Georgia, Democratic presidential candidate Barack Obama promised to reform bankruptcy law to make it easier for military families, disaster victims, ... Read More
Poll: When Did You Last Check Your Credit Report?
Tuesday July 8, 2008
Before All Else Fails Get a Secured Credit Card
Thursday July 3, 2008
People tend to stay away from secured credit cards for a few reasons. They don't want to put cash collateral toward a credit card. They don't want anyone ... Read More
5 Ways to Reduce Your Debt
Tuesday July 1, 2008
Paying off a high debt is no easy task, especially when you're money is already stretched to the limit. If it was possible to cut your debt payments by, ... Read More