A group in San Francisco has found a way to report informal lending circles popular among some immigrant groups to credit bureaus -- as a way to boost the credit scores of participants.
Many of us have heard that in order to keep our credit in good standing, it is actually best to keep some debt on the books. But is there really any truth to this?
Around 40 percent of credit reports have mistakes on them -- and it is a pain to get them fixed. The Consumer Financial Protection Bureau announced that it will start scrutinizing credit reporting agencies.
