Consumers’ Default Rates Climbed Last Month

Managing Debt

Consumers’ Default Rates Climbed Last Month

Consumers’ Default Rates Climbed Last Month

The rate at which consumers fall behind on their various credit accounts ticked upward in October after several months of declines, indicating that borrowers might be struggling a bit more these days. The total default rate across four major types of credit rose slightly last month, to 1.55 percent of all outstanding balances from 1.46… Read More

The 7 Essential Cyber Monday Tips

Identity Theft

The 7 Essential Cyber Monday Tips

The 7 Essential Cyber Monday Tips

Cyber Monday is the online equivalent of Black Friday for shoppers and retailers alike. And if the trend of early teasers and web-only pre-sales are any indication, retailers are getting a head start and shifting their holiday marketing efforts to entice more online shoppers this year. According to the National Retail Federation, holiday sales are… Read More

Credit.com in the News 11/24/12

Personal Finance

Credit.com in the News 11/24/12

Credit.com in the News 11/24/12

This week the experts from Credit.com contributed to a wide range of publications on subjects including debt collect, identity theft, Hurricane Sandy and the pitfalls of Black Friday. Check out the hits… Credit.com Co-Founder and Chairman Adam Levin was on The Daily Ticker to discuss cybersecurity and how to prevent it. He brings up the… Read More

New York Fed: Principal Reductions Help Borrowers, Market

Mortgages

New York Fed: Principal Reductions Help Borrowers, Market

New York Fed: Principal Reductions Help Borrowers, Market

Though the housing market is rebuilding, and has been for several months, many industry experts recognize that there is still a long way to go to full recovery. Now, a new study shows that there may be a way to more quickly boost the speed with which this improvement takes place. Analysts have posited many… Read More

This Week in Credit News: Black Friday Bonanza

Personal Finance

This Week in Credit News: Black Friday Bonanza

This Week in Credit News: Black Friday Bonanza

This week’s biggest credit news is all about — no surprise here — Black Friday shopping and holiday budgeting. We rounded up some of the best Black Friday articles out there to help you survive the holiday avalanche heading toward us. The Best Black Friday Shopping Apps Getting ready for the holidays is all about… Read More

Credit Bureaus Trying to Be More Inclusive

Credit Score

Credit Bureaus Trying to Be More Inclusive

Credit Bureaus Trying to Be More Inclusive

Many consumers these days may be in a better position to handle various lines of credit than they were at this time last year, but that might not necessarily be reflected in their credit ratings, which can pose major problems for those who seek financing. As a consequence, many companies involved in consumer finance are… Read More

4 Money Rules We’re Thankful For

Personal Finance

4 Money Rules We’re Thankful For

4 Money Rules We’re Thankful For

The staff at Credit.com are admittedly a little credit-crazed, but we do know that there are a lot of money regulations that consumers should be thankful for this year. So as you go around the table this Thanksgiving, remember that these money rules are something to appreciate and honor. The Free Annual Credit Report Rule… Read More

How to Find the Best Retail Credit Cards

Credit Cards

How to Find the Best Retail Credit Cards

How to Find the Best Retail Credit Cards

As we enter the holiday season, many shoppers are being asked to consider opening an account at nearly every retailer they visit. But with hundreds of retailers offering their own co-branded credit cards, we realized that we couldn’t possibly review them all for our Best Credit Cards in America series. So how can consumers find… Read More

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