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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 ...
More than 8 million borrowers have seen their credit scores drop because of student loan delinquencies, dragging down the ...
If your unused credit card has no annual fee, there’s not much financial downside to leaving it open. This allows you to ...
The national average U.S. FICO score, used as a benchmark for assessing consumer credit risk, slipped as federal student loan ...
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 ...
When credit scores drop, it is an indicator that a sizable number of consumers are having trouble with their finances,” one ...
While a drop in the nation’s average credit score may sound minor, it belies a major crisis for student loan borrowers.
The resumption of federal student loan delinquency reporting on consumers' credit was a significant contributing factor. Severe delinquencies, or 90-day past-due missed payments, surpassed ...
The average FICO Score fell in April, weighed by delinquent student loan borrower. More borrowers are expected to follow suit ...
They’re worried about their credit score dropping if they let their balances go too high. It’s a good question to be asking, since credit score preservation is important. But the poster might ...
“When credit scores drop, it is an indicator that a sizable number of consumers are having trouble with their finances,” says Michael Sullivan, a personal finance consultant with Take Charge ...