What is a credit score? A credit score is a number that lenders, landlords and prospective employers use to predict how an individual will handle obligations like repaying a loan or paying rent on time. How is my credit score used? When you apply for credit, the lender uses your FICO score to measure risk […]

Quite recently people have been seeing the nominal interest rate on their credit card statements which is usually lower than their annual percentage rate due to the need for certain fee disclosures. The nominal interest rate is your rate on your credit card. The annual interest rate, if higher, usually is because of a fee […]

https://abcnews.go.com/Business/story?id=7727426&page=1 Miamians Owe More to Credit Card Companies Than Anyone in U.S. By LAUREN SHERMANForbes.comJune 2, 2009— Gone are the days when Americans didn’t think twice about splurging on a second pair of Italian-made leather brogues, a flat-screen TV for the bathroom or a new made-to-measure suit for the office. A new bill passed by […]