News from Detroit Free Press:
Is someone’s age going to stop them from getting a top-notch credit score? Will whether you’re married, divorced or single be figured into the calculation of a credit score? Does race influence the score?
Far too many consumers give the wrong answer and say ‘Yes’ to those questions. Many incorrectly believe that [...]
News from msnbc.com:
Paul Sakuma / AP
A bad score could cost you a job or a loan. That’s why it’s so important for you to understand how credit scoring works.
By Herb Weisbaum, The ConsumerMan
Your credit score, which is based on your credit history, can have an enormous effect – positive or negative – on your life. [...]
News from KELOLAND TV:
SIOUX FALLS, SD -
Lenders, employers and insurers all have your number. Your credit score follows you around and affects how much you’ll pay for a loan to whether you’ll land the job. Consumers understand a lot more about their credit score, but still not enough.
If the number is high, you’ll easily get a [...]
News from Pittsburgh Post Gazette:
May 15, 2012 12:07 am
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By Patricia Sabatini / Pittsburgh Post-Gazette
Although consumers have improved their overall knowledge about credit scores over the past year, they continue to harbor potentially costly misunderstandings, according to a just-released survey from the Consumer Federation of America.
Among the most troubling findings: A majority of consumers mistakenly believe [...]
News from Hindustan Times:
Ajit Jain (name changed), a mid-level executive at a law firm, was in for a surprise when he approached a private sector bank for a Rs. 95 lakh-home loan.
The bank rejected his application on the grounds that Jain was blacklisted by lenders since he had defaulted in the repayment
of his credit card [...]
News from Los Angeles Times:
Dear Liz: I had credit scores over 800 with no late payments ever. Unfortunately, a medical issue required me to charge $ 24,500 to a credit card. That led to a bankruptcy, which was discharged in July 2011. My scores dropped to 672, and they’re currently around 680. I’m paying [...]
News from OCRegister:
Earlier this week, Freddie Mac released the results of its weekly mortgage survey, showing average fixed mortgage rates hitting new all-time record lows for the second consecutive week.
The 30-year fixed-rate mortgage has averaged below 4 percent all but one week since Dec. 8, 2011, helping to keep homebuyer affordability high.
Cathy Haney [...]
News from Fox Business:
Every day at CardRatings.com, readers just like you submit questions about credit cards to our “Ask the Expert” columnists. We try to pull the most compelling questions from your submissions, so readers in similar situations can also enjoy what we’ve all learned.
However, we can’t answer every question, so here’s a list of [...]
News from Houston Chronicle:
Acceptance Capital Mortgage and its client, U.S. Marine Sgt. Joel Garingo, strike against the credit reporting agencies utilizing S&S Private Capital’s S.O.S. – Score Optimization Systems credit repair technology to eliminate derogatory trade-lines allowing him to purchase his very first home.
Dallas, TX (PRWEB) May 10, 2012
Denied for a VA Home Loan after [...]
News from San Francisco Chronicle:
If you are like most consumers, you don’t spend a lot of time thinking about your credit history. You may think that, as long as you’re paying your bills on time, your credit history and related credit score should be shiny and clean. However, many common money habits can have a [...]
