Medical Debt and Your Credit Score: Here’s What You Need to Know

The ongoing political debate in Washington is causing a lot of uncertainty about health care. But Americans are about to get some relief from the potential harm medical costs can impose. On September 15, 2017, the three major credit bureaus—Experian, Equifax and...

10– Apr 2017

By: Ryan Kilpatrick Source : fortune.com

America’s credit card debt has reached more than $1 trillion—the highest level since the country’s last recession in 2008, according to new data from the Federal Reserve.

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08– Apr 2017

By: Katie Allen (Economics reporter) Source : theguardian.com

In Threadneedle Street, the alarm bells are ringing. The Bank of England is concerned that consumer spending is underpinned by rising credit card debt, personal loans and car finance deals. Its financial policy committee (FPC) and Prudential Regulation Authority are checking on banks’ lending to people who may not be able to repay, the impact of that on lenders – especially if interest rates rise – and the availability of credit.

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09– Jul 2017

By: Tyler Durden Source : theburningplatform.com

In late April, after some disturbing monthly charge-off reports from major credit card vendors, we reported that according to the latest data from the S&P/Experian Bankcard Default Index, as of March 2017, the default rate on US credit cards had jumped to 3.31%, an increase of 13% from a year ago, and the highest default rate since June 2013.

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12– Jul 2016

By: Geoff Williams (Personal Finance Writer ) Source : money.usnews.com

The main rule? Spend time thinking before you spend money.

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21– Jun 2016

By: Jessica Dickler (Personal Finance Writer ) Source : cnbc.com

Many Americans are woefully ill-prepared for an unplanned expense, so much so that a whopping 66 million U.S. adults have zero dollars saved for an emergency, according to a new study.

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14– Jan 2016

By: Nick Clements (Contributor) Source : forbes.com

Have you resolved to improve your credit score in 2016?

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15– Jul 2016

By: Geoff Williams (Personal Finance Writer ) Source : money.usnews.com

Three reasons your bank could drop you – and what you can do about it.

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18– May 2016

By: Lindsay Konsko (Author) Source : nerdwallet.com

A serious illness or injury can be disruptive. You need to heal, and you may also be overwhelmed for a while as you put your work and family life back together..

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14– Mar 2014

By: AnnaMaria Andriotis Source : wsj.com

Finding out your credit score is getting easier. Getting a better deal on a loan still requires some legwork.

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20– Nov 2015

By: Emily Brandon Source : money.usnews.com

The entrepreneurship journey is exciting, but entrepreneurs don’t have the luxury of pulling in the same amount of money on a bi-weekly or monthly basis. There’s also no one to remind you that you should be planning for your financial future.

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21– OCT 2014

By: LINDSAY KONSKO Source : nerdwallet.com

Your credit utilization ratio is a measure of how much you owe on your credit cards compared with the cards’ limits.This number matters a lot. Both FICO (the credit score used in most lending decisions) and VantageScore (its main competitor) heavily weight credit utilization while calculating scores.

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22– OCT 2015

By: Emily Brandon Source : money.usnews.com

Contributors have expertise in areas ranging from personal finance to retirement lifestyles, and include Live and Invest Overseas, Good Financial Cents, The Money-Guy Show, Retire Before Dad, Social Security Teacher, My Lifestyle Career, Retire Fabulously, The Dough Roller, and Sightings at 60.

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26– DEC 2015

By: Lauren Gensler Source (FORBES STAFF): forbes.com

A new year often inspires new habits, including financial ones. If you want to put yourself on a path to build wealth throughout the year, then consider these 25 steps, all of which are designed to help you rein in spending and work toward greater financial security.

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10– DEC 2015

By: Kimberly Palmer (Staff Writer) Source : money.usnews.com

Contributors have expertise in areas ranging from personal finance to retirement lifestyles, and include Live and Invest Overseas, Good Financial Cents, The Money-Guy Show, Retire Before Dad, Social Security Teacher, My Lifestyle Career, Retire Fabulously, The Dough Roller, and Sightings at 60.

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