Credit card debt is decreasing, but that doesn’t necessarily mean ...
Articles Tagged with credit scores
Credit scores are a bit voodoo in their nature, and the methodology of calculating the three-digit number that influences your mortgage rate, auto loan offers and even job prospects is a for-profit trade secret- but a quashed plan in Germany to involve Facebook activity in determining creditworthiness indicates that your activity on social media could… Read more »
As credit scores for all Americans remain weathered from the great recession and credit and lending remain tight after the freewheeling days of the pre-crisis era, a previously ignored class of borrower will now be drawn into the credit scoring system. While credit scores are standard for anyone who has used credit in their adult… Read more »
Credit scores are one large casualty of the “great recession,” as many who had previously been able to honor payments on larger purchases such as cars and homes received hit after hit to their financial situation as businesses tanked and family lives crumbled in the wake of the financial meltdown. Credit scores have traditionally been… Read more »