From the category archives:
1. Paying off an account that has been turned over to the creditor’s collections department or a collection agency will increase your credit score. Sorry to start out with what amounts to a trick question. But the correct response is false — most of the time. Only if the account has gone into collections recently [...]
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A fender bender isn’t the only kind of accident that can raise your auto premium. Forget to make a credit card payment, and it might cost more to insure your ride. Most auto, homeowner and other property insurers use a credit-based insurance score to determine how likely it is you’ll file a claim, according to [...]
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Originally found at The Wall Street Journal After years as the lending market’s undesirables, aspiring home buyers with less-than-stellar credit are being offered home loans again—with some of the same conditions and catches critics say tripped up subprime borrowers five years ago. According to analysts, a handful of private investment firms have started making home [...]
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