What to learn about your credit score as scholar mortgage payments restart

What to learn about your credit score as scholar mortgage payments restart

D3sign | Second | Getty Pictures On-ramp interval ought to shield your credit score Typically, failing to make well timed funds on money owed, together with your scholar loans, can harm your credit score. Cost historical past accounts for 35% of your rating, in keeping with FICO. Sometimes, “lacking only one fee may cause your […]

Mortgage rate you get depends partly on credit score. What to expect

Mortgage rate you get depends partly on credit score. What to expect

Phiromya Intawongpan | Istock | Getty Images Anyone who’s exploring homeownership may know that rising interest rates and elevated home prices are making that goal challenging. The average rate on a typical 30-year, fixed-rate mortgage has been zigzagging between 6% and 7% for the last several months — down from above 7% in early November […]

Auto loan delinquencies rise. What to do if you struggle with payments

Auto loan delinquencies rise. What to do if you struggle with payments

Fotostorm | E+ | Getty Images For a rising share of car owners, monthly auto loan payments appear to be evolving into a problem. While borrowers who are behind on their payments by more than 60 days represent a tiny portion of all outstanding auto loans — 1.84% — their ranks are growing, according to […]

U.S. states with the lowest average credit scores

U.S. states with the lowest average credit scores

No one wants to see their state on the list of worst anything, be it food, standardized test scores or road rage incidents. But being among the worst when it comes to credit scores is especially disappointing. Because your score is a reflection of your creditworthiness in the eyes of lenders, a low number can […]

TransUnion, Equifax, Experian may have violated credit reporting rules, Rep. Jim Clyburn says

TransUnion, Equifax, Experian may have violated credit reporting rules, Rep. Jim Clyburn says

A key Democrat wants credit reporting agencies Equifax, Experian and TransUnion investigated for allegedly failing to respond to consumer complaints during the pandemic. Rep. James Clyburn, the chairman of the House Select Subcommittee on the Coronavirus Crisis, said the nation’s three largest nationwide consumer reporting agencies have “longstanding problems” with responding to consumers who raise […]

As the U.S. dollar trades at a 20-year high, Bernstein says these global stocks could benefit

As the U.S. dollar trades at a 20-year high, Bernstein says these global stocks could benefit

Bernstein has named a raft of global stocks that it says could benefit from the rising strength of the U.S. dollar. Original news source Credit: www.cnbc.com

Apple buys UK fintech start-up Credit Kudos

Apple buys UK fintech start-up Credit Kudos

Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told CNBC, confirming an earlier […]

Most medical debt will be wiped from consumer credit reports

Most medical debt will be wiped from consumer credit reports

A medical worker walks past a row of ambulances parked outside of Houston Methodist Hospital amid the global outbreak of the coronavirus disease (COVID-19). in Houston, Texas, U.S., June 22, 2020. Callaghan O’Hare | Reuters A large number of U.S. consumers will have their medical debt wiped from their credit reports, the nation’s largest credit […]