Credit

Compared to other credit cards, a new report out this morning from creditcards.com suggests gas station credit cards often carry higher interest rates and fewer rewards. Click the audio player above to hear the full story. 

Mortgage finance giants Fannie Mae and Freddie Mac consider one credit score when determining the creditworthiness of mortgage applicants: FICO.  Some members of Congress want to change that by adding a provision to a bank deregulation bill that would require Fannie and Freddie to also look at applicants’ VantageScore. The company that calculates VantageScores is […]

Most people say they care about credit card security. They just don’t take time to deal with it before it’s too late. Click the audio player above to hear the full story. 

Americans’ credit scores are averaging way higher, around 700 according to a new report from FICO. Credit agencies are also cleaning up their rolls and getting old or bad data off people’s reports. Plus, many people who went into bankruptcy during the financial crisis are now returning to credit-worthiness as the statute of limitations comes […]