The Chilling Truth About 'Icing' Your Credit Cards
May 22, 2012
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Credit Cards
The Chilling Truth About 'Icing' Your Credit Cards
Putting your credit cards on ice might seem like a good idea, but it can be detrimental to your credit score.
Credit Score
Consumers Are Getting Smarter About Credit Scores
Credit score knowledge jumped significantly in a recent survey by the Consumer Federation of America.
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Lenders Still Want Great Credit Scores for Mortgages
The qualifications to obtain a good mortgage rate remain stubbornly high across the country.
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CFPB Still Pushing for Clearer Credit Card Agreements
CFPB Still Pushing for Clearer Credit Card Agreements
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Kids With Credit Reports a Growing Problem
Children are not supposed to have a credit report in their name, but new studies find that the number of those who do is growing considerably.
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Contactless Payments May Prompt Borrowers to Spend More
Consumers who have access to contactless payment technology may be more likely to spend on the accounts associated with those programs.
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Credit Card Defaults May Soon Hit Bottom
Many had long projected that there must be a logical point at which charge-offs bottomed out, and we could soon see that point.
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Make Sure to Pay More Than the Minimum on Credit Cards
Making the minimum payment can have a significant negative impact on a borrowers' finances in the long term even if it seems to make sense at the moment.
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FICO Finds More Consumers Approaching Perfect Scores
The number of consumers in the top credit score range has reached its highest level since fall 2008, a report by FICO Labs shows,
mortgages
Mortgage Delinquencies Hit Three-Year Low
The rate at which consumers are behind on their mortgage payments by 30 days or more slipped in March to the lowest levels seen in more than three years.
