A federal judge has struck down a Biden-era rule which would have eliminated medical debt from Americans credit reports.

Economists worry about tariff-induced price hikes, inflation, interest rates and the outlook for the job market.

Paying off balances and reducing debt will improve a 500 credit score fast. As you pay down debt, you will lower your credit utilization rate. Your credit utilization is how much you owe versus your total credit limit. It is the second most significant factor in calculating your score, accounting for 30% of your FICO score.

If you are someone who believes in using credit cards for as much as you can, you are not alone, as the whole concept of “cash is king” is slowly dying away. With the rise of mobile payment apps like Apple Pay and Google Pay,

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair Isaac Corporation, the company behind the widely recognized FICO score, to assess creditworthiness for government-sponsored Fannie Mae or Freddie Mac mortgages.

NewHomeSource reports that stronger credit scores in 2025 lead to fewer risky loans, ensuring a more stable housing market compared to 2008.

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for borrower applications.

Believing these common credit card myths could drag down your score. Learn the truth and build your credit the smart way.

Loan closure is a key financial milestone that reduces debt and improves cash flow. If a loan appears active on your credit report, follow a step-by-step process to resolve it, as delays in reporting can occur.