Browsing: credit

Even as some households take on more debt, consumer credit scores broadly remain strong. Experts say that may be masking signs of trouble: The so-called “K-shaped”…

So, you’re falling behind on your credit card payments. Hey, it happens to the best of us. We’ve been there. What are you going to do…

A reader just told me that he was able to get a client approved for a refinance with a sub-500 FICO score.And this is a conforming…

Key insight: The complaint alleges Fiserv secured its internal corporate data with biometric controls but forced clients to use weaker, email-based passcodes.What’s at stake: Self-Help is…

Key insight: A new survey of consumer credit companies revealed deteriorating business conditions in the third quarter, and signs of increasing stress among some consumer segments.What’s…

Clarity Services gathers data on near-prime and subprime consumers — which generally would include those with FICO scores of 659 or lower — and consumers with…

If you’re looking for ways to manage or reduce debt, you might come across the term “credit counseling.” This service helps people understand their financial situation,…

A comment deadline is approaching on a proposed CFPB rule that would dismantle longstanding rules meant to protect minorities from discrimination in the market for credit,…

The holidays can be one of the most joyful—and expensive—times of the year. Between travel, festive meals, and gifts, it’s easy to spend more than planned.…

Key insight: Senate Banking Committee ranking member Elizabeth Warren, D-Mass., is leading a group of lawmakers in asking credit unions to curb their overdraft practices. Forward look:…