3 Questions to Ask Before Using Your Credit Card

Credit Cards

3 Questions to Ask Before Using Your Credit Card

3 Questions to Ask Before Using Your Credit Card

Making a credit card work to your advantage requires a bit of strategizing. If you’re still having trouble staying out of the red or you’re not getting a positive return on your rewards card, here are a few questions you should ask yourself before charging a new purchase to your credit card. Will this purchase… Read More

Loan Delinquencies Fall to Lowest Points Since Recession

Personal Finance

Loan Delinquencies Fall to Lowest Points Since Recession

Loan Delinquencies Fall to Lowest Points Since Recession

The rate at which Americans fell behind on their outstanding loan balances for the first time continues to improve, and now stands at levels not seen since the start of the recent economic downturn. Delinquency on nearly all types of consumer credit continued to improve in the first three months of the year, driven largely… Read More

Mortgage Lender Accused of Favoring Congress Members

Personal Finance

Mortgage Lender Accused of Favoring Congress Members

Mortgage Lender Accused of Favoring Congress Members

The company that used to be the largest mortgage lender in the nation but has since fallen into disgrace and been absorbed by Bank of America may have granted unfairly beneficial loans to lawmakers and others in an attempt to gain influence. A new report from the U.S. House of Representatives shows that Countrywide Financial… Read More

American Express to Push More Secure Credit Card

Credit Cards

American Express to Push More Secure Credit Card

American Express to Push More Secure Credit Card

A type of credit card technology that is quite popular all around the world will soon be available to American Express cardholders in the U.S. American Express recently announced that it will be requiring its various merchant and payment processing partners to start accepting EMV credit card purchases within the next few years, the company… Read More

Hot Tip to Rebuild Your Credit Score? It’s Complicated.

Credit Score

Hot Tip to Rebuild Your Credit Score? It’s Complicated.

Hot Tip to Rebuild Your Credit Score? It’s Complicated.

Many consumers are trying to find the best ways to boost their credit scores — fast. Maybe they hope to start a family soon, or maybe they want to take advantage of record-low interest rates. Whatever the reason, many Credit.com readers are asking how to rebuild their credit, and how long it will take for… Read More

5 Reasons to Monitor Your Credit

Credit Score

5 Reasons to Monitor Your Credit

5 Reasons to Monitor Your Credit

You’ve probably heard that it pays to stay on top of your credit, but how often does a person really need to pull their credit report? According to Katie Ross, education and development manager for American Consumer Credit Counseling, at the very least, everyone should take advantage of the free credit report they are entitled… Read More

For-Profit Colleges Score a Win in Federal Funding Fight

Students

For-Profit Colleges Score a Win in Federal Funding Fight

For-Profit Colleges Score a Win in Federal Funding Fight

In the past, the U.S. Department of Education had a rule that prevented for-profit colleges from allowing students to rack up significant loans to pay for classes, but that regulation has now been eliminated by a judge. U.S. District Judge Rudolph Contreras recently ruled that a Department of Education policy that required for-profit colleges to… Read More

This Week in Credit News: Exercising Freedoms

Personal Finance

This Week in Credit News: Exercising Freedoms

This Week in Credit News: Exercising Freedoms

The news this week was all about freedoms as some put themselves at risk through their freedom of speech, while others learned the hard way that the freedom to spend on credit can lead to a lack of freedom when you’re in debt. What @NeedaDebitCard Says About Our Credit Knowledge The social media world was… Read More

5 Mistakes Beginner Investors Make

Personal Finance

5 Mistakes Beginner Investors Make

5 Mistakes Beginner Investors Make

If you are just starting your investing career, you might be anxious about making mistakes. Don’t feel bad about that.  It’s wise to be anxious if you are new to finance. The good news is that there are really only 5 major mistakes that newbies make and it’s very easy to avoid those errors —… Read More

Sears Introduces Vacation Layaway Program

Personal Finance

Sears Introduces Vacation Layaway Program

Sears Introduces Vacation Layaway Program

Sears is getting into the vacation business. The retailer launched a new site last week called SearsVacations.com that lets consumers book hotel stays, flights, cruises and other travel accommodations online. It also lets consumers pay for vacation packages via layaway. The layaway or flexible payment option can be applied to a two-vacation package that features… Read More

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