News from The Star-Ledger – NJ.com:
Q. I called my credit card to see if I could get a lower interest rate based on my very good credit history. I was asked for information such as like employment and salary. Being upfront, I told the rep that I am currently in transition/unemployed. They asked me how [...]
News from Economic Times:
MUMBAI: Banks are increasingly cherry picking customers even when it comes to secured credit like home loans, with the number of highly-rated borrowers nearly trebling in the last four years. But the enhanced credit rating and higher scores have not translated into lower or competitive interest rates for them.
A study by Credit [...]
News from MonitorBankRates.com:
Mortgage interest rates are slightly higher today. Current mortgage interest rates on 30 year home loans are averaging 4.06%, up from yesterday’s average mortgage interest rate of 4.04%. Today’s mortgage interest rates on 15 year home loans are averaging 3.34%, an increase from yesterday’s average 15 year mortgage interest rate of 3.33%.
Search and compare mortgage interest rates today [...]
News from NASDAQ:
Everyone knows that your credit score affects your ability to get a mortgage. What’s less well-known is just how it affects the interest rate you’ll pay.
The general rule of thumb has traditionally been that you need a FICO credit score of 720 to obtain the best mortgage rates. Unfortunately, that’s no longer true. [...]
News from Connecticut Watchdog:
Recently Standard & Poor’s lowered its outlook on the United States long-term credit rating from stable to negative. This was seen as a warning to lawmakers who have been unable to agree on a long-term plan for cutting the deficit.
Credit ratings are as important to a country as credit scores are to [...]
News from Daily News Pulse:By Kyle Young on April 4, 2011, 7:25 pm
The high interest debt, like student loans, car loans, credit card debt and payday loans, can be consolidated into one low(er) interest personal loan. The loan rate will depend on the borrower’s credit score. People with a bad credit score may have limited [...]