The biggest credit news this week is all about the planned changes to mortgage giants Fannie Mae and Freddie Mac. What Fannie Mae & Freddie Mac Changes Could Mean for You With the light dimming for Fannie Mae and Freddie Mac, the two mortgage giants currently under government control, Congress is trying to figure out... Read More
Everyone wants to be popular, especially companies. And great customer service is one way to get there. Unfortunately, not all companies measure up when it comes to great customer service, and some industries in particular are continually ranked poorly for customer satisfaction. The newest results of Zendesk’s quarterly survey of the industries with the best... Read More
The biggest credit news this week is all about consumer complaints, as a new study on the top customer woes is released and credit and debt issues crack the top five. The 10 Biggest Consumer Complaints Forty agencies in 20 states across the U.S. pooled their records with the Consumer Federation of America and the... Read More
We all have had bad experiences with companies before — a bank that charged you a fee in error, a package that never arrived, a mechanic who doesn’t seem to be charging you a fair price for your repairs. When you have a complaint, there are people on the ground that are here to help.... Read More
The biggest credit news this week is all about movement in mortgage rates, as they take a slight dip after a meteoric rise. Mortgage Rates Cool Down to 4.37% If you had any doubt about how much influence the Federal Reserve’s policies have on the economy, this week resolved it. After Chairman Ben Bernanke assured... Read More
The biggest credit news this week is all about mortgages, as house hunting season heats up and rates are on the rise. Mortgage rates reach highest level in 2 years If you’ve been waiting to buy a home, now may be the time to act. Not only are mortgage rates hitting the highest level they’ve... Read More
The biggest credit news this week is all about Washington, D.C., as the student loan interest rate deadline looms and DOMA is overturned. Is the Senate’s Student Loan Plan Fundamentally Flawed? The student loan interest rate deadline is fast approaching, with Stafford loans set to double to 6.8% on July 1. While there is a... Read More
The biggest credit news this week is all about some of the new credit tools and products available. The Credit Report You Haven’t Seen Yet You may think that you’ve pulled all of your credit reports, but there is other credit data being stored about you outside of the three major credit reporting bureaus (Experian, Equifax... Read More
The biggest news this week is all about a report from the Consumer Financial Protection Bureau on overdraft fees. CFPB Zeroes In on Bank Overdraft Fees The CFPB released a report Tuesday that showed the burden overdraft fees can have on those who opt in for the service banks provide. The starkest statistic from the... Read More
While some lenders and industry experts have been warning about any actions that may tighten the credit markets, lending is on a meteoric rise, with credit card limits and mortgage originations posting double-digit gains year over year. The newest data from the Experian-Oliver Wyman Market Intelligence Reports and Experian’s IntelliView tool show that the years of the credit... Read More
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