Category:
Credit
Did you know that scam artists and predatory lenders come out of the woodwork during times of crisis? Whether it’s after a natural disaster, during a recession, or in the…
It’s a brutal world for the small money borrower in the big city. Consumers think payday loan stores are the only place to go if you need money for an…
Managing your financial life is tough enough without credit reporting errors setting you back. But mistakes happen. The Federal Trade Commission did a 10-year study and found that 20% of…
The Credit CARD Act of 2009 has saved consumers billions of dollars, and most of them probably don’t even realize it. The law is commonly called the Credit Card Bill…
If you plan to participate meaningfully in the U.S. economy, it is vital to examine your credit report every year, and understand everything in it. A credit report is a…
Americans have about 800 million credit cards in their wallets and purses. If laid end-to-end, those 3½-inch pieces of plastic would circle the globe almost two times. Yet some people…
Credit scores are influential numbers because they usually determine the interest rates assigned to a consumer and whether someone can get a loan. They gauge a consumer’s paying habits and…
Revolving credit is a loan with a predetermined spending limit that automatically renews as the debt is paid off. Credit cards are the most popular example of revolving credit and…
The Consumer Financial Protection Bureau (CFPB) is an independent agency under the Federal Reserve System. It was created in 2010 to protect and educate consumers about their dealings with financial…
LendingClub is an online financial service that connects borrowers with loans that fit their needs. It works best for borrowers with good to excellent credit who are looking for personal…