Consumer Reports: Credit Score Problems

That critical number-your credit score-is based on your credit reports, yet a Consumer Reports’ survey finds close to half of Americans never check to make sure their credit reports are accurate and errors are surprisingly common. A Consumer Reports survey of 3,000 Americans found 20 percent found mistakes that could lower their credit scores. Mistakes … Continue reading »

1 in 4 Have Credit Trouble

MEDFORD, Ore. – One in four Americans have credit scores deemed “below average.” Recently released numbers from Fair Isaac Corporation show last year, about 46% of FICO scores were below 700. About 25% were below 600. Experts say it’s not surprising because so many people have lost their homes and have fallen behind with bills. … Continue reading »