Tag: credit

Credit Card Reform and Bankers Response

Credit Card Reform and Bankers Response

Most of you are aware that the Senate has passed a new bill that restricts unfair credit card practices called “The Credit Card Accountability, Responsibility and Disclosure Act“, which could very well be on Obama’s desk by Memorial Day. This is shortly after the “Credit Cardholders Bill of Rights” that was approved last month. Now […]

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The Awesomeness that is Modern Technology and the Great FICO

The Awesomeness that is Modern Technology and the Great FICO

I check my dad’s bank account balance everyday to make sure stuff is kosher and that he’s not looming overdraft charges. While poking around on his bank’s website this morning I found that they have bank alerts that you can have sent to your cellphone as well as your email. So I went ahead and […]

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Q1 Credit Report for 2009

Q1 Credit Report for 2009

I checked my credit report on Sunday since I hadn’t checked it since last spring, though technically I was given a copy from my mortgage lender in September. Regardless there’s been a lot of activity lately with buying the house, the identity theft, etc, so I was curious. For those of you that don’t know, […]

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Ways your Credit Changed this Thursday

Ways your Credit Changed this Thursday

The FICO system changed this thursday with a new system to decide how credit-worthy you are. Despite these changes, most of the usual determinations are the same: Variety, Low Balance, Responsibility, and Paying on time. New System: 1. Spouses and children can improve their credit score by being an authorized user on a credit card […]

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