New studies from two major credit bureaus show adding more data to credit reports would boost a ton of consumers’ credit scores.
The CFPB also wants agencies to make it easier for consumers to access and interpret their credit reports.
Along with knowing your rights under the Fair Debt Collection Practices Act, you should know your debts and credit account listings.
Millions of Americans are excluded from the banking system due to reports that document their personal finance histories.
The news that an auto finance company distorted consumer credit records for years is a good reminder to check your credit report regularly.
Here are four ways to identify financial infidelity and work toward a solution.
Earlier this year, I took a six-block ride in an ambulance to the emergency room, where I was treated for a tremendously painful herniated disc. My back is better, thank you for asking, but my credit is not. A pesky $37.50 bill to cover that ER trip got paid too late and still scars my
On Wednesday, the Federal Reserve rolled out a Consumer’s Guide to Credit Reports and Credit Scores, a new online resource that explains basic credit topics, such as what goes into a credit report and credit score. The guide also links to tips for improving your credit score and advice on getting the most from credit
Yesterday the Senate rejected a proposed amendment to the financial reform bill before Congress that would have imposed states’ usury limits on national banks that issue credit cards. Currently, a combination of laws makes credit card interest rate caps null and void. Federally-chartered credit unions have a usury cap of 18 percent for credit cards.