Four in five Americans (77 percent) don’t realize that credit accounts with high outstanding balances hurt their credit score — even if they pay the bills on time.
The CFPB saw a 56 percent increase in the number of credit reporting complaints submitted by consumers between June 2015 (4,289 complaints) — and July 2015 (6,969 complaints).
American Express started providing the option to view your FICO score this month. AmEx cardholders will notice the option if they sign-in to the account online.
The national average FICO score is now 695 — the highest it has been in at least a decade, according to the newest analysis from Fair Isaac Corporation, the score’s creator.
There is still much ambiguity when it comes to disclosing balance transfer fees and rewards redemption values, according to a new study from CardHub.com.
San Antonio consumers face the longest time, 16 months, for wiping out their credit card debt.
Issues with debt collectors, mortgage servicers and credit reporting agencies made up the top three categories in the U.S. Consumer Financial Protection Bureau’s first monthly report on complaint volume. Consumer…
An update on the cost and rewards of owning credit cards found two striking trends: Initial cash/points bonuses are dropping, while cash-advance fees are surging. The second-quarter 2015 Credit Card…
Consumer advocates, though, support the bureau’s plan, praising the potential for unveiling new or emerging objectionable practices.
The time period of 2004-2014 represents the strongest 10-year streak of rental growth since the late 1980s.