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May 24, 2013
May 22, 2013
May 22, 2013
May 22, 2013

Women edge out men in handling credit -Experian

May 22 (Reuters) – When it comes to managing credit,
American women have a slight edge over men, according to a study
of credit reports by the credit report agency Experian Plc
.

Experian looked at 750,000 credit reports, a sample of what
it collected nationwide, and found that while women earn 23
percent less than men, they know how to handle debt.

May 22, 2013
May 22, 2013
May 20, 2013
May 14, 2013
May 13, 2013

How useful (and free) are those free credit scores?

May 13 (Reuters) – Credit scores were long something that
lenders got to see and consumers only found out about later.
Now, pretty much anyone can take a look at their credit scores
whenever they want to, but it’s not clear which of those scores
matter. And most scores that consumers see for free are not the
same ones bankers are using to weigh customer creditworthiness.

Consumers remain confused by credit scores, the Consumer
Federation of America reported on Monday. That is not
surprising: With dozens of scores on the market, it’s hard to
figure out which ones count and what they mean. “It can be very
confusing because there are just so many scores,” says Stephen
Brobeck, the federation’s executive director.

May 9, 2013
    • About Mitch

      "Mitch Lipka is editor of TheConsumerChronicle.com and is a veteran consumer columnist, editor and reporter. Most recently, he led a 10-person consumer reporting team at AOL’s personal finance channel, WalletPop.com. He received the 2010 New York Press Club award for best consumer writing on the web and is the 2011 Best Friend honoree from Kids in Danger for his work covering child product safety. Mitch has been a reporter and editor for more than 25 years and has worked for The Philadelphia Inquirer, the South Florida Sun-Sentinel and Consumer Reports. The opinions expressed here are his own."
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