Getting a new credit card can impact your credit score negatively due to hard inquiries. While it may cause a temporary drop, ...

Plenty of myths exist about how credit cards work. Falling victim to credit card myths could have a negative impact on your ...

While a drop in the nation’s average credit score may sound minor, it belies a major crisis for student loan borrowers.

The Education Department reports it will start with sending defaulted loans to collections and then later this summer the ...

The U.S. Department of Education estimates more than 9 million borrowers are at risk of falling into default over the next ...

Key Points A Reddit user is concerned about getting a new credit card because he doesn’t want to damage his 800 credit score.

Also Read | Is a 550 credit score bad? Here’s what it means and how to rebuild It On the same lines, even if you are 10 days late with your repayment even then you can see a serious decline in ...

A lower credit score doesn’t necessarily mean a lender will deny you a home equity loan. It does mean the loan will be more ...

If you have four cards, you'll also have a lot of available credit — although this can be both a blessing and a curse. For ...

A key reason to address a defaulted or delinquent student loan debt is to avoid wage garnishment. “When wage garnishment starts you are stuck,” Cohen said. “You are issued a 30-day letter and then ...

The DHY closed-end fund includes high-yield bonds, senior loans, and asset-backed securities. Read how this CEF compares to ...