Making a major financial mishap can often set a person's borrowing abilities way back.
But it's often the small mistakes made daily that really put a dent in one's finances. A recent column by U.S. News & World Report highlighted some of the common mistakes as well as the perks of avoiding ... Views: 1648
The length of one's credit history is one of the various factors credit bureaus look at when formulating a credit score .
Therefore, it may seem like a good idea to apply for credit early and often. A recent report by CBS MoneyWatch offered insight into how college students can do this, and ... Views: 1237
Most will not dispute the value of a good education, but it's no secret that paying for college can be costly. Many students are unable to pay for their entire education out of pocket and grants or scholarships may only cover a portion of tuition, books and housing costs. Therefore, many are ... Views: 1272
What may have been good news for their credit accounts also triggered a series of new challenges for consumers.
The Credit Card Accountability, Responsibility and Disclosure Act of 2009 made it increasingly difficult for lenders to ramp up rates, requiring that they give customers at least 45 ... Views: 685
Consumer spending has witnessed timid growth in recent months, according to data from the U.S. Department of Commerce.
This may not be enough for some retailers, whose bottom lines have been significantly damaged by recent reform aimed at shielding consumers from deceptive or unfair credit ... Views: 783
Recent employment reports have indicated that the economy may be on a path to recovery.
The unemployment rate remained stable in February, after falling from 10 to 9.7 percent the previous month. Consumer spending also continued its slow increase, growing by 0.3 percent in February, according ... Views: 653
Homeowners have a variety of different factors to consider as they weigh whether to try to refinance their mortgage in the coming months, or even try to enter the housing market for the first time.
For example, only about two months remain for people to take advantage of a popular homebuyer ... Views: 712
A recent survey helps illustrate how poor credit scores and other financial problems are affecting the housing market while keeping people from meeting their long-term goals.
According to the poll from the National Association of Home Builders, 39 percent of people who currently rent say they ... Views: 653
Obtaining and remaining current on loans are both major aspects of establishing a strong credit history.
An auto loan may be appealing for college graduates soon entering the workforce, according to a recent release by Americans Well-informed on Auto Retailing Economics. There are several ... Views: 784