Thursday, July 12, 2012

This week's top story: FICO introduces new mortgage credit score

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More credit card news | Credit card help | Credit card videos | Credit card statistics July 12, 2012
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Top credit card stories

FICO introduces new mortgage credit score
The tool may help more people get home loans by adding nontraditional data, such as child support payments and other, short-term installment loans, into the lending decision. More... 
Why minutes matter when paying your card bill
Legal changes stopped issuers from playing with due dates, but the time of day can vary and minutes matter for just-in-time payments. More... 
How to afford the high cost of drug rehab
Not every recovering addict can afford a swank rehab clinic, but everyone who needs help with substance abuse can find an affordable solution. More... 
'Cashless' cruising keeps you spending
Many cruise ships have gone to a cashless system onboard, but with cash out of sight, you can quickly go overboard on charges. More... 
Expert credit card advice

Inheritance at risk with bankruptcy filing
'To Her Credit' expert Sally Herigstad
Courts don't like you filing for bankruptcy before you get an inheritance, so there are rules about when those funds are truly yours. More...
 
With six cards already, would another one hurt?
'Opening Credits' expert Erica Sandberg
A 25-year-old with six credit cards already wants to know if adding yet another card to the mix will help or hurt her credit score.
More...
 
Ailing dad's card debt shouldn't worry mom
'Credit Care' expert Tanisha Warner
With few jointly shared assets and little income, he's judgment proof; creditors should be politely but firmly told to go away.
More...
 
Are gift cards best use of Worldpoints?
'Cashing in' expert Cathleen McCarthy
A reader wants to use her points for gift cards, but depending on the point total, cash back may be the way to go.
More...
 
More credit card news, blogs

Consumer card debt rocketed up in May
Consumer credit card balances rose in May after tumbling the previous month, according to new data from the Federal Reserve. More... 
Teen's money lessons pay off
At 18, her son's credit score is in the mid-700s, so blogger mom Julie Sherrier must have done something right. More... 
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