New Year Resolutions Include Reducing Debt

  • 0 Comments

Frugality has not marked the American culture in a long time, but perhaps that is changing for a while. The recession has been very difficult on households financially and it’s not going to change any time soon. Though the economy is in recovery, U.S. Federal Reserve Chair Ben Bernanke has made it clear the pace [...]

Rising Interest Rates Encourage Debt Consolidation

  • 0 Comments

With all the changes going on in the credit industry right now, it might be confusing what the best course of action is for those who have credit card debt. If you have many credit cards, you’ve probably already noticed that the interest rates on your balances are being bumped up by credit card companies [...]

FICO Releases Damage Points Data For Credit Scores

  • 0 Comments

There has arguably never been a more important time to understand how credit works, and when trying to accomplish this goal, it’s always important to consider the enigmatic “credit score.” While plenty of different companies out there produce a credit score, FICO’s algorithm for producing a score has become the standard for most lenders in [...]