Tag: Credit

College Credit for Working Your Job? Walmart and McDonald’s Are Trying It

She’d returned to college in her late 40s using Walmart’s tuition-assistance program after joining the company as a part-time stocker. In her younger years, she had gotten two associate degrees, so her children used to joke that she might as well say she’d gone to school for four years. But to her, it wasn’t the [...]read moreCollege Credit for Working Your Job? Walmart and McDonald’s Are Trying It

CFPB proposal would ban medical debt from credit reports

The Consumer Financial Protection Bureau (CFPB) announced Tuesday that it was proposing a rule to remove medical bills from most credit reports. In doing so, this would prevent credit-reporting companies from sharing medical debts with mortgage lenders while prohibiting lenders from making lending decisions based on such information. Additionally, the CFPB said the proposed rule [...]read moreCFPB proposal would ban medical debt from credit reports

Trade groups express concern to FHFA over historic credit data

A coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers Association (MBA) and U.S. Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish [...]read moreTrade groups express concern to FHFA over historic credit data

How housing credit is shaping housing inventory

On March 18, 2020, purchase application data broke out to pre-cycle highs in demand. Home sales hit their highest levels in a decade right before COVID-19 hit our economy. This matters because inventory was already heading toward all-time lows before COVID-19. Going back further, the rules put in place after the great financial crisis have [...]read moreHow housing credit is shaping housing inventory

Debit and credit cards can now be used for Rapid KL ticket and My50, MyCity travel pass purchases

Rapid KL transit system operator Rapid Rail has announced that debit and credit cards can now be used at Rapid KL stations to buy tickets as well as My50 and MyCity travel pass purchases or top-ups. It added that the new payment methods are also available at Rapid KL concession card registration counters at the [...]read moreDebit and credit cards can now be used for Rapid KL ticket and My50, MyCity travel pass purchases

Free Money? Can You Build a Real Estate Portfolio with Zero-Interest Credit Cards?

In This Article   Juggling 0% interest business credit cards is like juggling torches in a hay-covered barn. Drop one, and the whole place goes up in flames. However, if you are disciplined and know what you’re doing, they could be a great asset in helping you kick-start your real estate investing career. Getting a [...]read moreFree Money? Can You Build a Real Estate Portfolio with Zero-Interest Credit Cards?

15 million Americans still have medical bills on credit reports 

Approximately 15 million Americans continue to grapple with medical debt on their credit reports, despite reforms implemented by Equifax, Experian and TransUnion in March 2022, the Consumer Financial Protection Bureau (CFPB) revealed in a study published Monday. As of June 2023, about 5% of Americans had unpaid medical bills on their credit reports,  down from 14% [...]read more15 million Americans still have medical bills on credit reports 

Earn More Credit Card Rewards With This AI-Powered Wallet App

The following is a sponsored partnership with Kudos. Have you heard about Kudos – the free AI-powered wallet that helps you get more out of your credit cards? In this Kudos Review 2024, I’ll explain how this desktop browser extension and iPhone app helps you earn the maximum rewards and benefits when shopping online. With… [...]read moreEarn More Credit Card Rewards With This AI-Powered Wallet App

Simple Car Repair Could Mean Financial Ruin For 1/3 Americans

About a third of American households, according to a survey from the Federal Reserve, don’t have $500 in their savings accounts. Because we live in a car-centric society, having your car unexpectedly break down could cause massive financial hardship. If a car in one of these households needs repairs, and there isn’t enough cash on [...]read moreSimple Car Repair Could Mean Financial Ruin For 1/3 Americans

India’s ICICI Bank exposed thousands of credit cards to ‘wrong’ users

ICICI Bank, one of India’s top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels “erroneously mapped” about 17,000 credit cards issued in the past few days to “wrong” users. The issue came [...]read moreIndia’s ICICI Bank exposed thousands of credit cards to ‘wrong’ users