 Latest
News
7/15/10
Figures provided by FICO Inc. show that 25.5 percent
of consumers — nearly 43.4 million people — now have a credit
score of 599 or below, marking them as poor risks for lenders. It's unlikely
they will be able to get credit cards, auto loans or mortgages under the
tighter lending standards banks now use.
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7/17/09
A Home Loan Modification could affect your credit score
depending on how far behind you are and the kind of mortgage loan modification
you’ll be granted.
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7/8/09
In this recession, many consumers find their credit
as the credit crunch continue to take its toll. Banks and credit-card
companies hit by charge-offs are tightening up their lending standards.
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6/15/09
As the recession drags on, more people find their all-important
credit scores slipping. Here are some suggestions what you can do about
it
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6/10/09
Fair Isaac Corp., maker of the popular FICO credit
score, is rolling out its new-and-improved scoring model, dubbed FICO
08, with Equifax.
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5/19/09
Recently, many consumers have experienced their credit
card company decreased their credit line. Card issuers are tightening
the screws on consumers
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