Is Student Loan Consolidation Right For You?

Student loan balances recently surpassed credit card debt for the first time in history, with young adults graduating with an average of $24,000 in loans. Under so much financial pressure, some may consider loan consolidation. Before taking that step, however, it’s important to weigh the pros and cons. Pros 1. Consolidation allows you to lock your loans [...]

July 2, 2011 • Tags: Loan, Student Loan • Posted in: Credit Score News • No Comments

How much i can borrow from unsecured loan?

Question by S A: How much i can borrow from unsecured loan? I need money about 45000 do i have chanse to borrow this money from one lender or i need take couple loans? Of course everything is relative, so it depends on your situation. Depending on your income level, credit score, and loan duration, [...]

July 2, 2011 • Tags: Loan, Unsecured Loan • Posted in: Credit Score News • No Comments

Nyah, Congress! No Recess for You!

Republicans in Congress are so worried that President Obama might name someone to lead a new consumer watchdog agency that they’re refusing to go home. And they’re using a little-known parliamentary rule to keep the Senate cooped up in Washington, D.C., too. At this rate, the fight over Elizabeth Warren, the de facto chief of [...]

June 30, 2011 • Tags: Congress, Congress No • Posted in: Credit Score News • No Comments

Study: Still Steps to Take For Credit Card Security

Most credit card lenders in the U.S. do a relatively good job of resolving fraudulent account activity once it happens, but do not do enough to prevent this type of crime from occurring in the first place, according to a new study released by Javelin Strategy and Research. In all, credit card fraud costs lenders [...]

June 28, 2011 • Tags: Card, Credit Card • Posted in: Credit Score News • No Comments

Problems with my business line of credit can affect my personal credit history and my FICO score?

Question by Karl N: Problems with my business line of credit can affect my personal credit history and my FICO score? Two years ago I and my partner form a corporation. I believe that the bank granted us a line of credit because the credit record of my partner was good (better than mine, then). [...]

5 Signs You Are Addicted To Debt

5 Signs You Are Addicted To Debt: 1. Spending More Than You Earn: People who have a problem purchasing impulse items when they go shopping and then at the end of the month realize that they do not have enough money to pay their bills are suffering from this situation. There is nothing wrong with [...]

June 27, 2011 • Tags: Debt • Posted in: Credit Score News • No Comments