Showing posts with label credit rating agency. Show all posts
Showing posts with label credit rating agency. Show all posts
Thursday, October 10, 2013
Credit Card Usage Down Again
Consumers continue their third straight month of declining credit card usage. This is a positive trend.
Wednesday, October 9, 2013
Automaker Relying More on Subprime Loans
"[GM] is relying increasingly on subprime loans [to have their cars financed], 10-Q financial reports show." If your FICO score is close to or below 660, be cautious about what you're buying and your loan agreement. We've seen this story play out before and the individual doesn't win when the market tanks. Be money conscious and contact each of the credit rating agencies (Experian, TransUnion and Equifax) for a free copy of your credit report. You may also contact freecreditreport.com for a report, but it's only free if you cancel before the 7-day free trial ends. Otherwise, you're charged $19.99 monthly
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