Australians 'alarmingly misinformed' about credit reports

Australians 'alarmingly misinformed' about credit reports
Most borrowers are ignorant about how their financial decisions affect their credit score, according to one research company. Experian's survey of 1,000 individuals found that 65 per cent of Australians incorrectly believe that contributing to …
Read more on The Adviser

The credit history Catch-22
Most people are familiar with the term “Catch-22.” It describes a situation in which there are no favorable solutions, because of the way the factors relate. Starting your credit history is one of the most frustrating Catch-22 problems in the financial …
Read more on Suffolk News-Herald

3 Things You Probably Didn't Know About Your Credit Score

3 Things You Probably Didn't Know About Your Credit Score
Your credit score can have an outsize effect on your financial life, as it factors into the rates you get on your mortgage, credit cards, and any other loans you might take out. We asked three Motley Fool contributors to discuss the most important …
Read more on Motley Fool

A major overhaul in credit reporting could improve your credit score
The country's biggest credit bureaus are making changes that could help millions of Americans qualify for better interest rates on student loans, mortgages and auto financing, saving them thousands of dollars. On Monday, Experian, Equifax and …
Read more on Washington Post

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