Posts belonging to Category Banking/YourCreditRating/



The ‘Obama debt relief’ scam

New regulations will soon crack down on shady debt settlement companies. Until then, don't let desperation guide your decisions. Plus: What to ask before signing on.

Will housing or your credit heal first?

If you give up your 'underwater' house, your credit might recover faster than your home value ever would have. But here's why it could be worth sticking it out.

8 reasons to ignore your credit scores

Your scores are important, but there are times when they shouldn't even cross your mind. There can be bigger fish to fry that take precedence over your credit ratings.

Some people can’t get credit? Good!

Credit is a useful financial tool -- when it is used responsibly. But given too freely, credit can wreak havoc on the whole economy. Where's the line?

Bribed — to pay off credit cards

Some customers who have been chipping away at big balances are being offered cash if they'll knock down their debts faster. Could you be one of them?