I always describe the credit score to my students as their financial GPA,” Lusardi said. “We need to have the best grade ...

An 850 FICO® credit score is perfect -- but what does it actually get you? Here's what changes (and what doesn't) when you ...

If your unused credit card has no annual fee, there’s not much financial downside to leaving it open. This allows you to ...

There’s no limit to how long you can keep a credit card account open as long as you’re in good standing. The longer you keep ...

A settled loan can lead to a significant drop in your credit score. This decrease can hinder your ability to secure loans or credit cards in the future. The 'settled' status remains on your credit ...

Mortgage rates have been riding a roller coaster in April, and the latest swing is a three-day decline—dropping the Friday ...

Mortgage rates for 30-year loans declined for a fourth day following a turbulent month of ups and downs. Rates fell for many ...

A perfect credit score qualifies you for the best interest ... The biggest risk is a sudden drop from something small, like running up a high balance or applying for too many new cards at once.

Your credit score is based on five primary factors ... But some of the cash back credit card rewards today still make our jaws drop. There are $200 cash bonuses, 3% back on gas and groceries ...

As collections resume after five years, disaster looms for delinquent borrowers. Preston Cooper is a senior fellow at the ...

When I recently applied for the Chase Sapphire Reserve® (see rates and fees), my score dropped 5 points the day after I applied and rebounded soon after. In a little over a month, my credit score ...