Stories Tagged as
Credit
According to experts, consumers should give gas station credit cards a pass
Apr 11, 2018
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.
FICO’s grip on mortgage credit scores challenged
Mar 14, 2018
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 […]
Elizabeth Warren: "Equifax may actually make money off this breach"
by
Molly Wood
, Stephanie Hughes
and Shaheen Ainpour
Feb 28, 2018
The Massachusetts senator thinks the credit-rating agency got off easy.
Monitor credit scores? You might wish you had if you don’t
by
Erika Beras
Feb 26, 2018
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.
Inside China's "social credit" system, which blacklists citizens
by
Jennifer Pak
Feb 13, 2018
Critics of the program have likened it to an Orwellian creation or an episode of the TV series "Black Mirror."
The 5 best ways to build your credit
by
Eliza Mills
Jun 9, 2017
From credit basics to great perks, "The Points Guy" Brian Kelly gives his best credit tips.
Americans have higher credit scores, but also higher household debt
by
Jed Kim
May 30, 2017
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 […]
For public good, not for profit.
After Brexit, UK gives banks a break
Jul 5, 2016
The Bank of England brought some much needed relief
Consumer debt continues to climb
Jun 7, 2016
Consumers are more willing to spend now and pay later — a sign of increasing confidence, and possibly recklessness as well.
Credit card debt soars to nearly $1 trillion
May 20, 2016
Outstanding balances on credit cards have reached more than $951 billion.