Credit score

Star Citizen reverses the course of the credit rating

Yesterday we reported on Star Citizen’s decision to return an in-game credit grant that was meant to give regular players a boost, noting that the original amounts were inflating in-game payouts due of the counting problem. However, as the project moved towards rolling out the patch, everything was going to have a slight pain. CIG […]

Credit report

What to do if you see suspicious activity on a credit report

Dear Liz: I recently obtained copies of my credit reports from all three major credit bureaus and discovered my brother’s home address in the personal information section. I am extremely worried about how and why this happened since I never lived with my brother. This brother is the executor of our father’s estate, and the […]

Credit score

Dave Ramsey says you can get a mortgage without a credit score. here’s how

Image source: Getty Images Most people cannot afford to buy a house outright. This is where mortgages come in. Now, there are various factors that mortgage lenders tend to consider when evaluating home loan applicants, and one of the most important is your credit score. This number provides insight into your reliability as a borrower. […]

Credit score

U.S. Senate Electric Automobile Tax Credit Score Plan Faces Questions, Auto News, ET Auto

U.S. automakers and lawmakers on Thursday carefully considered the main points of a proposed expansion of the electric car tax credit that would help factories retool to build green cars and reduce greenhouse gas emissions . Under a deal announced by Senator Chuck Schumer, the 200,000-vehicle producer cap on the $7,500 electric vehicle tax credit […]

Credit report

What errors should I look for on my credit report?

You need to monitor your credit score to take corrective action as soon as possible. A credit report summarizes the history of your borrowing and repayment activities. If you pay your bills on time, you don’t have to worry about your credit. However, if you come across a credit reporting agency and they reject your […]

Credit report

How do I do a credit score check and get a credit report? Important steps to know

Regularly checking your credit score is essential to ensure that you have a low-risk financial profile. Also, waiting until the last minute and doing a credit check right before applying for credit can be risky. If you find that your score is insufficient, you may not have enough time to rectify and improve your score. […]

Credit sales

Bread Financial (BFH) Missed Second Quarter Earnings, Y/Y Credit Sales Rise – July 28, 2022

Pain Financial Holdings‘ (BFH Quick QuoteBFH – Free Report) operating earnings of 25 cents per share for the second quarter of 2022 missed Zacks’ consensus estimate by 88.9%. Net income fell about 96% year over year. Bread Financial Holdings, Inc. Price, Consensus, and EPS Surprise Behind the headlines Revenue decreased 11.9% year-over-year to $893 million, […]

Credit sales

Bread Financial (BFH) Q2 missed profits, credit sales up year-over-year

Pain Financial HoldingsBFH’s operating profit of 25 cents per share for the second quarter of 2022 beat Zacks’ consensus estimate by 88.9%. Net income fell about 96% year over year. Bread Financial Holdings, Inc. Price, Consensus, and EPS Surprise Bread Financial Holdings, Inc. price-consensus-eps-surprise-chart | Quote from Bread Financial Holdings, Inc. Behind the headlines Revenue […]

Credit score

This One Move Could Stop Your Credit Score From Dropping

Getty Images Having good credit isn’t just a matter of pride (though there’s certainly nothing wrong with congratulating yourself for maintaining a good credit score). The higher your credit score, the easier it becomes to qualify for a loan or credit card. And if you take out a big loan, like a mortgage, strong credit […]

Credit report

ABA Opposes Overdraft Bill, Calls Bad Credit Report Bill

The American Bankers Association is asking members of the House Financial Service Committee to oppose two bills that would rewrite federal rules on overdraft fees and the use of credit information to determine mortgage eligibility. Both bills are due to be flagged by committee this week. The Overdraft Protection Act (HR 4277) would limit the […]

Credit report

Rep. Ayanna Pressley’s bill would fix transgender, non-binary credit report issues

After my legal gender-affirming name change, I struggled to find an apartment. I was charged with identity theft and fraud because my credit file was split in two. A new bill proposed by Rep. Ayanna Pressley could change things for other trans and non-binary people. Loading Something is loading. The day the court approved my […]

Credit score

Guild mortgage program replaces credit score review with payment history

Guild Mortgage rolled out a new program, aimed at first-time home buyers, that will accept rental payment records and residual income history in place of credit scores. If the fintech company borrowers report FormFree, which provides rental payment history and residual income analysis, shows consistent payment records, borrowers may be eligible to receive a lower […]

Credit score

4 Steps to Improve Your Credit Score for Utah Families

You might run into difficulties if you live in Utah and have a family. There are unique challenges when co-signing a loan or lease. Fortunately, there are ways to improve your credit score and make your life easier if you’re raising a family in Utah. Read on for more details on the four steps that […]

Credit report

Australian banks launch new credit report fact sheets

The ABA and member banks today launched new credit report fact sheets which outline in plain language the support available to customers who are experiencing financial difficulties. A consumer-focused fact sheet includes information about the help banks can provide, how information about financial hardship can disappear from credit reports after a set period of time, […]

Credit score

Liz Weston: A consumer surprised by the spectacular drop in his credit rating

Dear Liz: Thank you for your recent article on how credit scores react to heavy credit card use. We pay our credit cards in full each month, but recently we had big charges on three cards for vacations, home supplies, and other purchases. I am the primary account holder on all three cards and my […]

Credit report

Japan: Update on Japanese Government Study Group’s Carbon Credit Report

In short Several means exist to reduce greenhouse gas (GHG) emissions in order to achieve carbon neutrality by 2050, including the development of new technologies, the transition to renewable energies and voluntary energy savings. In addition to these efforts, there is a growing interest in offsetting residual emissions that are inevitably emitted despite reduction efforts […]

Credit report

Your credit report: the impact of eliminating medical debt

By: Charlestien Harris Your credit score is very important when it comes to how you interact with the financial world around you. One of the main areas of concern for many people is how medical debt has negatively affected their credit scores for years. Statistics show that one in five Americans had a medical bill […]

Credit sales

Tesla’s carbon credit sales drop 49% in second quarter

Tesla recorded $344 million in regulatory credits for the second quarter of 2022, down 49% from the first quarter of $679 million. Credits represent 1.7% of the overall gross margin for the quarter, compared to 2.9% in the previous quarter. The public has anticipated how much the EV automaker will earn from its carbon credits […]

Credit score

Suze Orman recommends doing these 3 things to boost your credit score

Image source: Getty Images Your credit score is that ever-important number that plays a huge role in your daily life. It determines which credit cards you qualify for, how much you pay for auto and home loans, and more. Simply put, life is much easier with a high credit score. For those looking to improve […]

Credit score

What is revolving credit and how can it ruin your credit score?

Revolving credit can be a convenient and flexible option when it comes to borrowing money. But what exactly is revolving credit? Find out how it works and if revolving credit is best suited to your financial plans. Definition of revolving credit Revolving credit is a line of credit that you can borrow and repay over […]

Credit report

Medical debt will now disappear from your credit report once paid off

Image source: Getty Images Until recently, medical debt, even debt that has been paid off, could stay on a consumer’s credit file for years. But due to recent changes made by all three credit bureaus, the medical debt will disappear from your credit report once it has been paid in full. This is good news […]

Credit score

What your credit score can do for your business

If you want to explain your business in the future, one thing you need to prioritize is your credit score. Having bad business credit can negatively impact your store in many ways, from causing difficulty in obtaining financing to getting approved for a lease. Let’s first see what factors affect your credit score. What makes […]

Credit score

Does Checking Your Credit Score Lower It?

The next time you check your credit score, you can relax. Checking your credit score does not lower it. In fact, keeping tabs on your credit status helps you make smart credit decisions. Sometimes checking your credit score is lumped together with reviewing your credit report under the umbrella term “checking your credit.” But checking […]

Credit report

Millions To See Credit Report Changes With Medical Debt Abolition

The three major credit bureaus have removed certain medical debt from reports, effective July 1. Separately, a Supreme Court case will likely determine whether Medicaid providers and patients can sue states for abusive payments. The Wall Street Journal: Medical debt is erased from credit reports. What this means for you Millions of Americans will now […]

Credit score

This is one of the most dangerous credit rating myths.

Image source: Getty Images Understanding how to get a good credit score is crucial for everyone, as this score affects so many aspects of your financial life. Most people or companies you want to do business with will check your credit and make decisions based on how high or low your score is. So many […]

Credit score

Worried about a recession? Raising Your Credit Score Could Give You Peace of Mind

Image source: Getty Images For months, many financial experts have been warning Americans to prepare for a recession. We cannot say for sure whether they are right or not. But the is reason to believe that we may be heading for a period of economic decline. Right now, inflation is rampant and the Federal Reserve […]

Credit report

He froze his credit report. Could a scammer delete it?

The last time this happened a few years ago, Rishi had taken steps to protect himself, including freezing his credit report with all three major credit bureaus. Yet he was now being told that one of them, Experian, had released his credit report despite the freeze. Rishi, 53, co-executive director of the Boston Landmarks Orchestra […]

Credit report

Wichita among top cities to benefit from medical debt credit report change

TOPEKA, Kan. (WIBW) – Wichita is among the first quarter of cities that could benefit the most from recently announced medical debt credit report changes. With recent changes from the credit bureaus expected to eliminate approximately 70% of commercial medical collection debt lines from consumer credit reports, personal finance website WalletHub.com says it has released […]

Credit report

Your medical debt has fallen off your credit report – now what?

Today is a big day in the world of credit scoring. Medical debts that have been paid after being sent to collections come out of credit reports, as do medical collections that are less than a year old. Medical collections under $500 will also disappear from credit reports early next year, by which time approximately […]

Credit report

Changes to the credit report are likely to improve scores. What there is to know

Changes to medical collection debt reporting are expected to eliminate 70% of medical debt that appears on consumer credit reports, potentially increasing credit scores. (AP Photo/Jenny Kane, File) Jenny Kane PA The nation’s three largest credit bureaus are changing the way they report medical debt, signaling an increase in some consumers’ credit scores. As of […]