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Entries Tagged as 'Car Loans'

How Much Credit is Too Much?

November 5th, 2009 · No Comments · Consumer Info, Credit Cards, Credit Reports, Mortgages

When starting your credit history from scratch, rebuilding from a bad financial period in your life, or if you have long established credit history, I get this question all the time, “How much credit is too much”? Or “How many credit cards should I have to have the best credit?” This is often a difficult question to answer, due to the black box nature of Fair Isaac’s FICO credit scoring model.

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Overdue Consumer Debts Highest Since 1992, ABA Says

April 3rd, 2008 · No Comments · Consumer Debt

Overdue Consumer Debts Highest Since 1992, ABA Says (Update2)
By Hugh Son
April 3 (Bloomberg) — Consumers fell behind on car, credit-card and home-equity loans at the highest level in 15 years, another sign the U.S. economy is slowing, according to the American Bankers Association’s quarterly survey.
Payments at least 30 days past due increased across all eight [...]

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