Credit scores

A more detailed look at the numbers reveals a more complex picture about Americans' debt.

Low-income, Black, and Hispanic Americans are much more likely to lack a bank account or use alternative financial institutions like payday lenders.

Some big banks will give credit cards to people who lack credit scores, looking instead at savings and checking account history.

Many people have been using their stimulus checks and extra unemployment benefits to keep up with bills and pay down debt.

The Federal Housing Finance Agency this week announced a new rule that will open up competition for which score, or scores, Fannie Mae and Freddie Mac use.

A 740 today may not mean the same thing as a decade ago.

New car sales have been high for the past few years, and that means there are a lot more car loans out there. There are a lot more delinquent ones, too. According to a report from the New York Federal Reserve, 7 million borrowers are at least 90 days late on their payments, the highest […]

The New York Fed says fewer kinds of missed payments are showing up on credit scores.

The breach might have been stopped with a system update. But it won't be the last big hack.