Many consumers pay those credit repair fees because they feel overwhelmed by the seemingly daunting task of taking on the three big credit bureaus.
A new analysis from CoreLogic found that renters with student loan debt have higher average credit scores than those without.
One question that remains unanswered has to do with the impact of these fake accounts on the affected customers’ credit scores.
U.S. regulators say Wells Fargo, one of the nation’s largest banks, opened about 1.5 million bank accounts and applied for 565,000 credit cards that may not have been approved or…
The nation’s lowest-scoring borrowers — those with credit scores under 660 — are getting new credit cards at such an increasing rate that they are approaching pre-crisis levels.
It’s been nearly seven years since the foreclosure crisis peaked in 2010, and that means many former homeowners who lost their homes could be re-entering the housing market.
The survey found that 73 percent of those who checked their credit score seven or more times in a year said that this regular vigilance had a positive impact.
The “older the better” saying seems to apply to new mortgage applicants as Millennials have the lowest credit scores when compared with older cohorts.
John Oliver took aim at the three major U.S. credit bureaus for their historical propensity for errors about consumers’ borrowing habits or other personal data.
Complaints involving “fees” increased the most quarter-to-quarter, jumping by 25.23 percent during the first three months of 2016.