Were you sitting and drumming your fingers while waiting for this page to load? Do you think instant coffee takes too long? If you’re impatient, more than just your blood pressure will suffer: You’re also liable to have poor …
credit scores
Workers With Bad Credit Aren’t Less Ethical
Nearly half of all companies check the credit reports of at least some prospective employees during the hiring process, according to the Society for Human Resource Management. This is a daunting statistic for many job-seekers, …
Nice Guys’ Credit Scores Finish Last
If you’re cranky, selfish, rude or all-around disagreeable, your grouchiness comes with one big silver lining: You’re likely to have better credit than people who are affable, friendly and otherwise pleasant company.
Credit Scores Down But Credit Card Debt Up
Numbers don’t lie, but sometimes they don’t tell the whole story. Credit score and product site CreditKarma.com compared the amount of credit card, mortgage and student loan debt in each state, along with each state’s average …
Yikes! The Rise of Subprime Credit Cards
During and after the financial crisis, consumers had a hard time obtaining new credit cards or accounts. This trend appears to be reversing, but a closer look at who banks are lending to has some experts worried. The number of …
The Right Way to Cancel a Credit Card
When I was younger, I carried more than $20,000 in credit card debt, and it took a long time to recover. While credit cards aren’t evil, they can be very dangerous.
Even More Credit Scores: Good or Bad For Consumers?
In theory, your credit score should be simple: three digits that correspond to how big of a risk lenders take when they extend credit to you. But in practice, it’s anything but.
New CFPB Thinks Credit Scoring is Confusing, Too
Elizabeth Warren must have eaten her Wheaties Thursday morning, because the brand-new Consumer Financial Protection Bureau is already busy. Bright and early this morning (we checked at 6:30 a.m. ET), a link to a new “credit card …
Your Credit Report: 6 Ways To Raise (or Lower) Your Score
You probably know that having a good credit score is important for your financial stability. What you may not realize is just how good a score you need these days to be considered top-notch by lenders. Banks are aggressively …
Should Medical Debt Hurt Your Credit?
Of all the annoying things about your credit score, the one that turns people’s crank the most is how medical debt can tarnish it. That’s understandable. Nobody plans to get sick, healthcare costs are skyrocketing and a lot of …
Need Cash? Wanna Pay Off Debt? Here are Three Money Moves NOT to Make
Some offers seem too good to be true. And generally speaking, they are just that. Here are three examples.
Why a Smart Consumer Is a Bad Credit Card Customer
And how you can be punished for responsible behavior: In some cases, credit card issuers have rejected applicants who have credit scores that are too good (sometimes over 800). Why? Because these consumers typically pay bills in full and on time, they’re unlikely to make the credit card companies much money.
