A consumer credit score is designed to give financial lenders a hard number to measure whether it's worth the risk to loan to a borrower. Yet it seems some people still don't fully grasp what affects their creditworthiness, the Detroit Free Press reports.A recent survey from the Consumer Federation of America revealed that more than half of...
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How financially savvy a person is depends on the individual - his or her knowledge, past experience and ability to perform research, for example, will help to obtain the best interest rates.
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A growing number of citizens are taking identity protection into their own hands, which may indicate an untapped market that credit bureaus could take advantage of.
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Despite a steadying economy, it doesn't look like debt collection agents will be out of a job anytime soon. Consumers are borrowing at a more rapid pace, and many cannot afford to keep up with payments, defaulting on a variety of different types of loans.According to Bloomberg, the Federal Reserve released figures from March on Monday showing t...
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A recent report from Fair Isaac Corporation (FICO) Labs indicates that Americans' consumer credit scores are on the rise.
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