What You Need to Know About Credit Card Insurance Plans

Credit Cards

What You Need to Know About Credit Card Insurance Plans

What You Need to Know About Credit Card Insurance Plans

It sounded like such a good idea at the time. It was 2009, the nation was in the middle of the Great Recession, the housing market was taking a serious blow, and Janet Summers* decided she needed a little protection from life’s big changes. Her husband still had work renovating homes in the Charlotte, N.C.,… Read More

Should Utility Payments be Reported to the Credit Reporting Agencies?

Credit Score

Should Utility Payments be Reported to the Credit Reporting Agencies?

Should Utility Payments be Reported to the Credit Reporting Agencies?

Most consumers are aware that how they manage “standard” credit obligations — such as mortgage, automobile and student loans as well as credit cards — are recorded in their credit histories at the three major national credit reporting agencies (Equifax, Experian, TransUnion). This information is then accessed and used by lenders when evaluating a person’s… Read More

FICO Says Lower Scores Show Recovery is Slow

Credit Score

FICO Says Lower Scores Show Recovery is Slow

FICO Says Lower Scores Show Recovery is Slow

Over the last few years, millions of Americans have seen their finances improve in some way since they took a hit during and immediately following the recent recession. In some cases, however, their credit scores may not reflect that improvement. There has been relatively little growth in the middle credit score ranges since the early… Read More

Groupon Launches Mobile Credit Card System

Credit Cards

Groupon Launches Mobile Credit Card System

Groupon Launches Mobile Credit Card System

In the past year or so, several companies have taken the opportunity to dive into the mobile payment processing business, and now one of the best known-daily deals service online is doing so as well. Groupon Payments is a new service now being offered to businesses that are already partnered with the social couponing site… Read More

Mortgage Rates Still Too High For Most Americans

Mortgages

Mortgage Rates Still Too High For Most Americans

Mortgage Rates Still Too High For Most Americans

While many Americans have taken the time to refinance their home loans to take advantage of the low rates currently available, the vast majority of homeowners are still paying interest rates that are much larger. Though mortgage rates on 30-year fixed-rate loans have hovered at or near all time lows more or less all year,… Read More

10 Cities With the Worst Credit Scores

Credit Score

10 Cities With the Worst Credit Scores

10 Cities With the Worst Credit Scores

They say everything is bigger in Texas. But apparently that doesn’t apply to credit scores. Credit reporting bureau Experian released its annual State of Credit report, which examines various statistics related to personal credit on both a national and local level. That includes ranking America’s cities by credit score, and once again many towns in… Read More

Credit Card Balances Still Major Money Worry

Managing Debt

Credit Card Balances Still Major Money Worry

Credit Card Balances Still Major Money Worry

Millions of Americans have been able to successfully reduce the amount of money they owe to credit card lenders in the last few years, but those balances still remain a major concern to many. In all, 40 percent of consumers say that their ability to pay their credit card bills, as well as their mortgage… Read More

How to Spot Fraud On Your Credit Reports

Identity Theft

How to Spot Fraud On Your Credit Reports

How to Spot Fraud On Your Credit Reports

You find wrong information on your credit report. Is it a simple mistake or something more sinister? Here are some warning signs that you could be a victim of credit fraud: Your Personal Information is Wrong “If you see a name you’ve never used, a Social Security number that doesn’t belong to you or an… Read More

94 Million Exposed: The Government’s Epic Fail on Privacy

Identity Theft

94 Million Exposed: The Government’s Epic Fail on Privacy

94 Million Exposed: The Government’s Epic Fail on Privacy

When you hear a number like “94 million” in the news, it’s usually because somebody won the lottery. This time around, no such luck. This 94 million is the number of Americans’ files in which personal information has been exposed, since 2009, to potential identity theft through data breaches at government agencies. Go ahead, count… Read More

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