Lenders Look at More than Your Credit Score

Personal Finance

Lenders Look at More than Your Credit Score

Lenders Look at More than Your Credit Score

You may be happy to learn that a common misconception held by even financially savvy individuals is that a bank’s decision to lend hangs solely on a person’s credit score. The credit score is certainly an important part of the approval and pricing criteria, but generally it is not the sole determining factor.

Blog Spotlight: Budgets Are Sexy

Personal Finance

Blog Spotlight: Budgets Are Sexy

Blog Spotlight: Budgets Are Sexy

I never pass up an opportunity to meet someone with a spiked mohawk. Yeah, I like living on the edge like that. [Credit Check Tool: Try Credit.com’s Free Credit Report Card] So when I saw this guy sporting one at the Finance Bloggers Conference in Chicago this past October, I had to introduce myself. To my… Read More

What Credit Card Perks Can People With Good Credit Earn?

Credit Cards

What Credit Card Perks Can People With Good Credit Earn?

What Credit Card Perks Can People With Good Credit Earn?

For consumers with good credit, now might be the best time ever to seek out new credit card accounts. After a period of relative stinginess with credit during the economic downturn, lenders are aggressively marketing all sorts of accounts to consumers. But this time around they’re going after those borrowers top-notch credit ratings, often extending… Read More

Google Muscles In On Mobile Payment Game For Devices

Personal Finance

Google Muscles In On Mobile Payment Game For Devices

Google Muscles In On Mobile Payment Game For Devices

Apple is at the top of the heap when it comes to its devices being used to process mobile payments, but Google has set its sights on becoming a major player in the market. Apple’s mobile devices – the iPhone and iPad tablet – are the two most ubiquitous handsets in use when it comes… Read More

Credit.com in the News 3/9/12

Personal Finance

Credit.com in the News 3/9/12

Credit.com in the News 3/9/12

This week the experts from Credit.com contributed to a wide range of publications on subjects including taxes, identity theft, credit scores, business credit cards and more. Check out the hits… Adam Levin collaborated with Cameron Huddleston from Kiplinger to identify 5 Ways to Guard Against Tax Fraud @CHLebedinsky @kiplinger Sandra Block from USA Today spoke… Read More

Fed: Consumers Borrowed Lots More in January

Managing Debt

Fed: Consumers Borrowed Lots More in January

Fed: Consumers Borrowed Lots More in January

Americans took on lots of debt in January, a possible indication that consumers are feeling better about the economy and are starting to spend more freely, according to a report published this week by the Federal Reserve. [Free Credit Calculator: Use Credit.com’s Credit Report Card.] The total value of debt and loans extended to consumers… Read More

Will Taking The In-Store Financing Discount Hurt Me?

Credit Cards

Will Taking The In-Store Financing Discount Hurt Me?

Will Taking The In-Store Financing Discount Hurt Me?

If you have recently visited a specialty retailer to purchase a bigger ticket item (appliances, computer, television, etc.) they usually ask you if you are interested opening in-store credit to finance the purchase.  In many cases, they will promote favorable benefits of this financing option such as “90 days no interest” or “No payment due… Read More

Discover: Consumers Feeling Better, But Still Not Great

Personal Finance

Discover: Consumers Feeling Better, But Still Not Great

Discover: Consumers Feeling Better, But Still Not Great

Consumer confidence in the future of the economy rose in February to its highest level since 2007, according to survey results released this week by Discover Financial Services. The company’s U.S. Spending Monitor gauges the spending intentions and overall confidence in the economy by polling over 8,000 people each month. The survey’s index rose to… Read More

When to Say No To a Mortgage Modification

Mortgages

When to Say No To a Mortgage Modification

When to Say No To a Mortgage Modification

You read the headline right. As shocking as it may sound, sometimes it may in fact make sense to say no to a mortgage modification, even when your house in underwater. As you may have heard, some of the nation’s biggest lenders will be offering loan modifications to their customers, and some of those deals… Read More

Even With Good Credit, Getting A Mortgage Can Be A Struggle

Mortgages

Even With Good Credit, Getting A Mortgage Can Be A Struggle

Even With Good Credit, Getting A Mortgage Can Be A Struggle

Recent testimony from the chairman of the Federal Reserve Board highlights a serious problem that may be hindering the country’s economic recovery: in some cases, creditworthy consumers who want to enter the housing market are finding it hard. Fed chairman Ben Bernanke, making his twice-yearly testimony before Congress, said that tight mortgage standards are hampering… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay Connected to Our Experts

Please submit your email address to get credit & money tips & advice
from our team of 30+ experts, delivered weekly to your inbox.