Online lender Kabbage offers financing to small businesses selling primarily via eBay, Amazon, Yahoo, Shopify, or Etsy.
credit
Is the CFPB Anti-Housewife? Unintended Consequences Strike Again
Credit card reform legislation has done lots of great things for consumers, like eliminating universal default and preventing card companies from jacking up interest rates just for the heck of it. But a provision intended to make sure issuers don’t let people run up more debt than they can pay off has the unintended consequence of …
More Americans Have FICO Scores of 800+
Could this be a light at the end of the credit crisis tunnel? According to new research from Fair Isaac Corporation, the company responsible for FICO scores, the percentage of Americans with top-notch credit scores is the best it’s been since 2008. In addition, the number of people in the bottom tier of the credit spectrum has fallen to …
Occupy Wall Street Is Only Half Right About Credit Reform
Do we really want to take financial advice from a bunch of kids living in tents? Surprisingly, we just might.
How to Ask For a Higher Credit Limit
If you’re a credit card customer with an account in good standing, this is a good time to ask for a credit limit increase. After the financial crisis in 2008, issuers got very stingy with credit, cutting limits or closing …
5 Steps To Settling Your Debts For Less Than You Owe
Brace For a January Blizzard — of Credit Card Offers
Fewer Americans are defaulting on their credit card bills. That’s good news for our budgets and credit scores, but the improvement is also making credit card issuers happy. Fewer charge-offs means they’re in a better position to …
5 Things That — Surprisingly — Don’t Hurt Your Credit Score
There are a whole host of things that can wreak havoc on your credit score, from maxing out a credit card to having a home foreclosed on or declaring bankruptcy. But people often worry about situations or events that actually …
Delinquencies in Mortgages, Credit Cards Rise
As a nation, we’re collectively late with our payments again. For one, the rate of 60-day delinquencies among homeowners — basically two missed mortgage payments — rose in the September quarter, according to TransUnion. The jump from 5.82% to 5.88% is the first rise in the delinquency rate in two years.
Real Estate Market Mystery: Record Low For Mortgage Rates, But Nobody’s Buying
Fact: 30-year-fixed mortgage rates dropped below 4 percent for the first time on record, according to Freddie Mac, which has tracked rates since 1971. Yet, the stats show that Americans have not responded by rushing to buy houses.
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.
The Real Problem in the Latest Housing Stats
The National Association of Realtors released its July report on housing on Thursday. Considering it’s back-to-school time, let’s take a quiz: The most interesting statistic in the report is …
