Browsing: credit

Solstock | E+ | Getty ImagesHaving a low credit score can come at a significant cost, according to recent data.Americans with a credit score of 620…

Pros Targeted products and services: Many MDIs are organized to serve specific underserved groups, including minorities (such as Black or Hispanic business owners). If you can…

Oleksandra Yagello | Moment | Getty ImagesAs some popular travel credit cards boost annual fees and amend benefits, experts say it’s time to reassess which cards…

Term loan While banks and credit unions typically require a score of 670 or above, online lenders may only require a score of 500 Line of…

The Consumer Financial Protection Bureau is proposing reducing supervision of all but the largest nonbanks in four key markets: auto financing, consumer credit reporting, debt collection…

Halfpoint Images | Moment | Getty ImagesConsumers are racing to buy electric vehicles before a fast-approaching deadline to claim tax credits worth up to $7,500, according…

Credit unions are losing the battle for younger customers to big banks, which have the technology to cater to every consumer’s advancing needs.In response, credit unions…

Credit card balances are ticking higher in 2025, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.Balances rose by $27…

Empower — the company that acquired the Petal portfolio of credit cards in 2024 — is rebranding as Tilt and launching a trio of new products…

WASHINGTON — Two of America’s smallest types of financial institutions are at loggerheads because one keeps buying the other. Community bankers have for years advocated that credit…