Does credit card debt forgiveness hurt your credit score

Consumer Fears of Credit Card Delinquency Rise

A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.

Business - Inc. - October 16

How to qualify for a credit card hardship program this November

If you can't pay your credit card bills, a hardship program could provide relief, but you'll need to qualify first.

The cautionary tale of Goldman and Apple’s credit card

Retail banking is not only harder than it looks but also heavily regulated by watchdogs who take their duties very seriously

Business - Financial Times - October 30

Can I get a HELOC with a 580 credit score?

Tapping into your home equity with a poor credit score could be tough— but it may not be impossible. Here's why.

How will filing for bankruptcy impact my credit score?

Bankruptcy can help you wipe the financial slate clean — but it can also do some serious damage to your credit.

‘She can’t even buy groceries or put gas in her car’: My friend’s husband died, leaving her with three young children, no job and $15,000 in credit-card debt

“She is planning to sell their house and should net between $75,000 and $100,000 on the sale of the property.”

Business - MarketWatch - October 21

Consumer credit posts small increase as Americans cut back on credit-card purchases

The amount of credit U.S. consumers used in September rose a scant 1.4%, but the increase was tied mostly to student loan as Americans scale back on borrowing.

Business - MarketWatch - 6 days ago

Southern Water at risk of debt default in event of further credit downgrades

Bond issue documentation shows UK utility under pressure over high financing costs

Business - Financial Times - November 5

Worried about missing credit card payments? 4 things to do now

More Americans are worried about missing their credit card payments. If you're one of them, take these steps now.

Goldman and Apple fined $89mn over US credit card programme

Consumer regulator says companies ‘illegally sidestepped’ obligations in latest setback for struggling partnership

Business - Financial Times - October 23

How far will credit card interest rates fall in November?

There may be another Fed rate cut on the horizon in November. Here's how it could impact credit card rates.

How Fed Rates Influence Credit Cards, Loans, Savings and More

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans.

Business - The New York Times - 6 days ago

When can a credit card company sue you for non-payment?

If your credit card debt goes unpaid for long enough, you could face legal consequences. Here's when it may happen.

Will credit card interest rates increase now that inflation is climbing?

Inflation ticked back up again in October, which could impact your credit card interest rates. Here's how.

Does Africa need its own credit rating agency?

A pan-continental body is not a cure-all for its debt problems

World - Financial Times - October 29

FICO and VantageScore are the 'Coke and Pepsi' of credit scoring, says credit expert—what to know about each

Although your VantageScore and FICO credit scores are calculated differently, the key to maintaining healthy scores is the same, according to credit expert.

Business - CNBC - October 31

Eagles' Nick Sirianni credits Doug Pederson for helping him after he became coach, including with Jalen Hurts

Pederson assisted Sirianni even after he was fired

Sports - CBS Sports - October 30

2 in 5 U.S. credit card holders have topped out their spending limit

Lower-income earners and older people are more likely to say they've maxed out a card since the Fed starting hiking interest rates.

Nearly 2 in 5 cardholders have maxed out a credit card or come close, report finds

Higher prices and higher interest rates have caused many Americans to use more of their available credit. Gen X is particularly stretched.

Business - CNBC - October 17

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

The man who played a big role in getting Russ back to neutral

As Russell Wilson navigates the road from his rocky Broncos stint to Steelers starter, the influence of his late mental coach Trevor Moawad persists.

Sports - Yahoo Sports - October 24

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

My Employee Takes Credit for the Whole Team’s Work

And two other tricky workplace dilemmas.

Business - Inc. - October 15

Meta fires staff for abusing $25 meal credits

Workers used benefits to buy acne pads, wine glasses and laundry detergent

Business - Financial Times - October 17

China to boost lending for stalled property projects to $560bn

Beijing is trying to restore confidence in economy amid prolonged real estate slowdown

Business - Financial Times - October 17

FTC sends $2.5 million to Credit Karma customers

The settlement stems from allegations Credit Karma misled consumers into applying for credit offers.

Tucker Carlson credits demons for the invention of nuclear technology

Ex-Fox News host makes bizarre claim on Steve Bannon’s podcast, days after saying a demon attacked him in his sleep. Demons that Tucker Carlson claimed attacked him as he slept were also ...

World - The Guardian - November 4

State Street says it is ‘shopping’ for a private credit manager

Money manager tries to catch up with rivals as investors shift into unlisted assets

Business - Financial Times - November 5

Credit Agricole's Shares Fall After Mixed Results

Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.

Business - The Wall Street Journal - November 6

What Trump's campaign credits its success to

President-elect Donald Trump's campaign told reporters about the strategy it says largely contributed to its success. CBS News' Jake Rosen has the details and Aaron Navarro reports on Vice ...

Cop29: what are carbon credits and why are they so controversial?

Once heavily scorned because of fraud and poor outcomes, carbon trading is likely to be high on the agenda in Baku. For the next two weeks, countries will gather on the shores of the Caspian Sea in ...

World - The Guardian - 3 days ago

U.S. forgives $4.5 billion in student debt for 60,000 public employees

The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.

What does Trump win mean for student loan forgiveness?

President-elect Trump’s past moves and rhetoric on student loans are leaving a dismal outlook for advocates who are now focusing their attention on getting President Biden to act quickly on ...

Politics - The Hill - 5 days ago

Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk

Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.

Business - MarketWatch - October 16

How Venus Williams is marking the 50th anniversary of the Equal Credit Opportunity Act

Tennis star Venus Williams is partnering with SoFi for a new campaign to celebrate the 50th anniversary of the Equal Credit Opportunity Act, which marked a major turning point in women's financial ...